Department Financial News

₹317.15 apiece in today's session as it was locked in the 5% lower circuit limit. The stock's previous all-time low of ₹318 was recorded in mid-February. Today's downturn in One 97 Communications marks the 10th consecutive session of losses for the stock, which was the longest losing streak since listing in November 2021.

Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies, three people familiar with the matter said. A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The U.S.

Paytm marked a third consecutive month of decline in terms of Unified Payments Interface (UPI) transactions in Apri 2024, Business Standard reported. Data from the National Payments Corporation of India (NPCI) showed Paytm saw a 9 per cent downturn in UPI volume for the month, recording 1,117.13 million transactions in April, compared to 1,230.04 million transactions in March this year, it added. Also Read | Paytm: Two more top executives depart amid restructuring efforts Consequently, Paytm's market share within the UPI applications’ ecosystem contracted for the third consecutive month — to 8.4 per cent in April, down from 10.8 per cent in February and 9.13 per cent in March, as per the report.

Mint analysis showed. In those five years the annual average of the consumer price index for vegetables hardly moved — not because prices stayed calm, but because up-and-down cycles meant relative stability in yearly averages. That’s no longer the case.

AAP) in Punjab, former Amritsar Deputy Mayor, Avinash Jolly resigned from the party and joined the BJP in Amritsar on Tuesday amid ongoing Lok Sabha elections. In a post on X, BJP National Secretary Narinder Singh wrote, «Avinash Jolly, former deputy mayor (Amritsar) along with hundreds of supporters joined BJP at Amritsar, Punjab.» In Punjab, voting for its 13 seats will take place in a single phase, the seventh and final phase on June 1 will see voting in Gurudaspur, Amritsar, Khadoor Sahib, Jalandhar, Hoshiarpur, Nandpur Sahib, Ludhiana, Fatehgarh Sahib, Faridkot, Firozpur, Bathinda, Sangrur, and Patiala constituencies.

FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.S. bankruptcy court.

licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies .

Toronto-Dominion Bank is hoping it can soon work out a “global resolution” to a series of regulatory and law-enforcement probes it faces in the U.S. over allegations that the lender was used for the laundering of drug money.

₹6,597 per barrel on the multi commodity exchange (MCX). -Current inventory data shows crude oil and petroleum supplies are running 1.1 million barrel per day above forecasts in countries that are part of the Organisation For Economic Co-operation and Development, according to an analysis by energy brokerage StoneX. -Analysts said that crude traders seem to have developed a higher tolerance for geopolitical risk in the Middle East and its potential to disrupt the global oil supply.

KYIV, Ukraine—The Ukrainian Security Service said it foiled a Russian plot to assassinate President Volodymyr Zelensky by striking his convoy with missiles and drones, calling it the latest attempt by Moscow to eliminate the Ukrainian leader. The agency, known as the SBU, said it had detained two senior officers in the country’s Department of State Security, which is responsible for protecting the president. The SBU said they were two of five agents working on the plot under the direction of Russia’s Federal Security Service, the FSB.

text messages, the Department of Telecom (DoT) has started blocking handsets used in such activities besides disconnecting mobile numbers. The DoT has launched Chakshu portal two months ago to handle telecom fraud related grievances.

heat wave that has gripped South Peninsular India is expected to ease starting today, offering some relief to the region, according to India Meteorological Department. However, a new wave of scorching heat is forecasted to sweep over Rajasthan and West Madhya Pradesh from the 8th to the 10th of May this year. On Monday, isolated areas in Tamil Nadu experienced severe heat wave conditions, while pockets of Rayalaseema, interior Karnataka, and Telangana also faced intense heat. Rayalaseema region in Andhra Pradesh has been battling heat wave conditions since April 24th, with Nandyal reporting a staggering maximum temperature of 46.0°C, making it the hottest location in the country, according to IMD.

₹36 crore in Ranchi, Jharkhand, the Enforcement Directorate (ED) on Tuesday arrested Sanjiv Lal, personal secretary to state rural development minister Alamgir Alam, and Lal's maid Jahangir Alam. They were presented before the special Prevention of Money Laundering Act (PMLA) court, which remanded them to six days of ED custody. Also Read: ED arrests Jharkhand minister Alamgir Alam's secretary On Monday, the ED raided the premises of both Sanjiv Lal and his domestic help Alamgir Alam in premises in Jharkhand's Ranchi.

Home health care provider Elara Caring is being sued by the husband of a Connecticut visiting nurse who was killed during an appointment with a convicted rapist

A Tennessee-based sanitation company is agreeing to pay more than half a million dollars after a federal investigation found it illegally hired children to clean dangerous meat processing facilities

A nonprofit Chicago journalism production company has won two Pulitzer Prizes for local and audio reporting

new tax regime. And if you want to switch to the old tax regime and make use of the provisions such as tax exemptions entitled under section 80C and 80D — key provisions missing in the new regime, then you need to first opt out of the default i.e., new regime. Alternatively, if you want to make use of the lower tax slabs given in the new tax regime as a trade-off for the foregone tax exemptions, then you don’t need to go for this switch.

NEW DELHI : If cardamom, cinnamon, lemon, citrus, jasmine and chamomile can make it into teas, why can’t onions? Onion tea may not be popular—although in a few rare households the bulbs make for a redoubtable remedy for cold—but India’s consumer affairs ministry believes it might have stumbled upon a unique, gut-friendly blend. The ministry, which is backing a plan to produce sweeteners extracted from onion waste, specifically for India’s mass demographic of diabetics, is also sponsoring a team that wants to make prebiotic tea from onions.

Hallmarking of gold jewellery became mandatory on June 16, 2021. The government then revised hallmarking signs on July 1, 2021. Further, on April 1, 2023, it said jewellers cannot sell any gold jewellery unless it has a 6-digit Hallmark Unique Identification or HUID number. Hallmarking of gold jewellery in India is done by the Bureau of Indian Standards (BIS). The certification from the BIS confirms that the gold is of a particular purity. Hallmarking of gold ensures buyers get a proportionate content of gold in a jewellery and also saves them from unscrupulous sellers. It also acts as certification of purity of gold in a piece of jewellery. As the purity of gold is certified by the BIS, one is likely to get the appropriate rate when selling the piece of gold jewellery anywhere in the country.

IDBI Bank on Tuesday said it has received a GST demand order of Rs 2.97 crore along with interest and penalty for alleged excess availment of input tax credit (ITC). In a regulatory filing, the private sector bank said the Dehradoon state tax department has issued an order under the GST rules pertaining to 2018-19 fiscal for alleged excess availment and utilisation of ITC.

China said on Tuesday its military took steps to warn and alert an Australian aircraft after Australia blamed a Chinese fighter jet for endangering one of its military helicopters during an «unsafe» confrontation over the Yellow Sea.