Department Financial News

12.07 / 16:34

markets COST Provident country reports Department International Drop the angel tax: Stop taxing startup investments as income

₹1 lakh of paid-up capital at ₹1 per share, with an average pre-money valuation of ₹10 crore now would result in an issue price of ₹1,000 per share, or a premium of ₹999. But this would likely result in angel-tax notice from authorities. The tax department uses a system known as Computer-Aided Selection of Cases For Scrutiny (CASS).

12.07 / 16:29

Blockchain Platform Bitcoin information Department US Energy Dept. Seeks Industry Inputs to Survey Crypto Mining Energy Usage

The US Department of Energy (DOE) is once again attempting to survey crypto mining firms, after the first attempt was slapped by a lawsuit.

12.07 / 16:21

CEO Airlines economy Immunic Department Traffic International Delta and an airline that doesn't fly yet say they'll run flights between the US and Saudi Arabia

Delta Air Lines has struck a deal with a start-up airline to operate flights between the United States and Saudi Arabia

12.07 / 16:01

UPS Man Williams reports Department prevention Investigations Cyber US cyber crimes: Overseas scammers are swiping billions from Americans every year, and getting away with it

scammers are winning. Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology like AI makes it easier than ever to perpetrate fraud and get away with it. Internet and telephone scams have grown «exponentially,» overwhelming police and prosecutors who catch and convict relatively few of the perpetrators, said Kathy Stokes, director of fraud prevention at AARP's Fraud Watch Network.

12.07 / 15:55

UPS Manufacturing CEO Tesla Election Department International Tesla’s loss, not India: Ola's Bhavesh Aggarwal reacts to India-Elon Musk deal not moving forward

Tesla not moving forward on deal with the government, Ola CEO Bhavesh Aggrawal claimed that this loss would be for Elon Musk-owned company, not for India. «If true, this is Tesla’s loss, not India’s. While the Indian EV and Lithium ecosystem is early, we’re gaining momentum quickly. It’ll be too late for Tesla when they look at India seriously again in a few years,» said the Ola CEO in a post on X. The government has not heard from Tesla since the election results, on its plans to participate in the recently launched Scheme to Promote the Manufacturing of Electric Passenger Cars in India, said Department for Promotion of Industry and Internal Trade (DPIIT) secretary Rajesh Kumar Singh.

12.07 / 15:29

WhatsApp Refugees information Department Cannot push back Bangladeshi refugees, Mizoram CM tells PM Modi

Mizoram in giving shelter to Zo refugees from neighbouring Bangladesh, Chief Minister Lalduhoma has told Prime Minister Narendra Modi that his government would not be able to push them back, an official statement said. An official of the state home department said that nearly 2,000 Zo ethnic people from Bangladesh have taken refuge in Mizoram since 2022. During a brief meeting with Modi in New Delhi on Saturday, Lalduhoma informed him that his government cannot push back or deport Zo ethnic people from Bangladesh's Chittagong Hill Tracts (CHT), the statement said. Mizos share ethnic ties with the refugees from Bangladesh.

12.07 / 15:22

Citizens WhatsApp Fishing Department Schools Colleges Karnataka: Anganwadis, Schools and pre-university colleges in Dakshina Kannada closed today due to heavy rain and red alert

Anganwadis, schools, and pre-university colleges in Dakshina Kannada district are closed on July 6 due to heavy rainfall as IMD has issued a red alert. Kannada District Deputy Commissioner Mullai Muhilan issued an order that mentions the closure of Anganwadis, schools and pre-university colleges. «All Anganwadis, schools, and pre-university colleges on July 6, in response to a red alert issued by the India Meteorological Department (IMD) for heavy rainfall in the district,» Kannada District Deputy Commissioner Mullai Muhilan said in an order.

12.07 / 15:21

Provident Digital Platform Healthcare innovations Department patient Inclusive healthcare: H.E. Dr. Noura Khamis Al Ghaithi on Abu Dhabi’s vision beyond borders

Q1: EconomicTimes.com: ADGHW was a great success and helped to raise Abu Dhabi’s profile on the healthcare stage. How will DoH look to follow this up over the short term? Beyond the inaugural event in May, Abu Dhabi Global Healthcare Week (ADGHW) will serve as a year-round platform for open, inclusive exchange and joint action for a healthier world. It will also serve as a platform for an ongoing, borderless partnership aimed at fostering cross-sector collaboration.

12.07 / 15:15

security community hospital Department guidelines Traffic Colleges Amarnath Yatra: J-K Police issue special traffic advisory for yatra convoy, non-convoy movement

pilgrims and other commuters during the holy Amarnath Yatra, the Jammu and Kashmir Traffic Police have issued an advisory on National Highway-44 with cut-off timings and instructions for various convoy and non-convoy movements. Speaking to on Saturday, Senior Superintendent of Police, Traffic (NH-44) Rohit Baskotra, outlined specific cut-off times and guidelines for managing the traffic during the Amarnath Yatra. «After the Amarnath Yatra convoy sets off in the morning, the non-convoy vehicles plying on the NH-44 can cross Nagrota around noon, Jikhaini Udhampur around 1 pm, Chandrakot Ramban around 2 pm, and Banihal around 3 pm, after which they will not be allowed,» he said.

12.07 / 14:58

UPS MET Food Research Department recommendations Budget 2024: Agriculture likely to see major announcements

Mint Primer: The fallout of India's unpredictable farm trade policy According to one of the officials, the ministry’s budget proposals include the introduction of digital cards for farmers with geo-tagging under the PM-KISAN scheme, increasing the agriculture infrastructure fund, a push to clean plant programme for horticulture crops, including grapes and lemons, and building a team of 90,000 Krishi Sakhis (women associates in the farm sector). However, there is no proposal as of now to increase farmers' income support under PM-KISAN, the official mentioned above added.

12.07 / 14:51

Waves MET Waters Parke Death reports Department Assam floods: Death toll rises to 58, over 23 lakh affected by deluge

ASDMA) reported. According to the ASDMA, six more people lost their lives on Saturday, raising the death toll in the state from 52 to 58. Dhubri is the worst-hit district, followed by Cachar and Darrang. The destructive floodwaters have resulted in loss of life, extensive damage to infrastructure, road closures, crop destruction, and livestock loss. Hundreds of people have been left homeless and unsettled.

12.07 / 14:47

markets economy Experts 2020 reports Department jobless claims Fewer Americans applied for jobless claims last week as labor market remains sturdy

Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates

12.07 / 14:45

Sustainability WhatsApp pandemic Department Health Minister JP Nadda chairs first executive committee meeting of National One Health Mission

JP Nadda chaired the first executive committee meeting of the National One Health Mission on Wednesday. He said the mission will help India achieve integrated disease control and pandemic preparedness by institutionalising the 'One Health' approach, the health ministry said in a statement.

12.07 / 14:45

Google Platform Experts reports Department International To get skilled in AI, companies let employees play in Metaverse

artificial intelligence playing a pivotal role, companies are moving beyond a one-size-fits-all model of learning to ensure that employees are skilled in the emerging technology. Internal platforms remain key to delivering learning programmes, but opportunities for practical hands-on experience on the metaverse, learning sessions with experts from Google and Microsoft, and personalised programmes from edtech firms among others are also being offered by companies to help employees get trained in AI. With about 420,000 employees engaged in AI-related job functions, India has the second largest installed talent base in this segment globally, according to a report earlier this year by IT industry association Nasscom and the Boston Consulting Group.

12.07 / 14:37

markets WhatsApp Highways wellness country reports Department NHAI to do GIS-based land acquisition for upcoming national highway projects

NHAI) on Tuesday entered into a memorandum of understanding with the Survey of India for development and validation of GIS-based land acquisition plan for upcoming national highway projects in India. The agreement aims at leveraging geospatial technology and development of standard operating procedures for GIS-based land acquisition plan to enhance land acquisition planning as well as preparation of terms of reference for consultants. “The detailed project reports will outline the technical specifications for the GIS-based land acquisition plan,” NHAI said.

12.07 / 14:26

markets Aware CEO country beautiful reports Department Shoppers Stop plans large-format standalone outlets, will also house Aditya Birla Group’s The Collective

Shoppers Stop, India’s oldest department store chain, plans to enter luxury retailing with large-format standalone stores that will sell brands such as Gucci and Louis Vuitton, one person aware of the company’s plans told ET. The new format will also house the Aditya Birla Group’s luxury store The Collective, the person said. The company plans to launch two luxury outlets this fiscal year and one of them could be in Kolkata, the other in Mumbai, the person said.

12.07 / 14:20

Twitter love Synopsys show reports Department Videos The Boys season 4: When can you watch Episode 7 and finale, Episode 8 in US & UK

The Boys season 4, the latest episodes have left fans reeling with unexpected twists and revelations. With just two episodes remaining in this intense season, anticipation is high for what lies ahead, especially with the confirmation that the upcoming fifth season will be its final installment.

12.07 / 14:16

Target Software WhatsApp Research blues travelers Department ISRO's Aditya-L1 completes first halo orbit around Sun-Earth L1 point in 178 days

solar mission Aditya-L1 spacecraft completed its first halo orbit around the Sun-Earth L1 point on Tuesday, the Indian Space Research Organisation (ISRO) said in a statement. The Aditya-L1 mission is an Indian solar observatory at Lagrangian point L1, launched on September 2 last year and was inserted in its targeted halo orbit on January 6. Aditya-L1 spacecraft in the Halo orbit takes 178 days to complete a revolution around the L1 point.

12.07 / 14:06

Target Manufacturing wellness performer innovations reports Department Explosive growth: How defence sector became a darling of investors

defence stocks. A number of defence stocks, big as well as small, have been touching new highs in recent times. The defence euphoria in the market is fuelled by the government's resolve to indigenise defence production as well as boost defence exports. The defence sector has become a striking Make in India story. But behind this growth lies years of persistent efforts at the policy as well as execution levels.

12.07 / 14:03

Waters Action Experts show reports Department Why are Bihar bridges falling like pins? Here are the possible reasons

Bihar has witnessed the collapse of nearly a dozen bridges, raising serious concerns about construction quality and material usage. The incidents, occurring less than a month into the monsoon season, have prompted officials to suggest that the root cause might be linked to unscientific river dredging and desilting.

12.07 / 13:59

markets UPS CEO wellness 2020 reports Department Parent company of Saks Fifth Avenue to buy rival Neiman Marcus

The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake

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