Department Financial News

heatwave alert in several Karnataka districts till 6 April. As per the weather bulletin, warm night conditions will prevail over Karnataka today and tomorrow. IMD has stated that Heatwave conditions are likely to prevail over Bagalkote, Kalaburgi, Koppal, Ballari and Gadag districts of Interior Karnataka until 6 April.

PTI. On Wednesday, April 3, a pregnant woman experienced labour pain but was denied admission to the hospital. An official informed that the woman subsequently gave birth to the child near the gate of the hospital on the same day, as reported by PTI.

₹3 crore. Following immediate court intervention, the Uppal stadium management received a notice from TSSPDCL urging the Hyderabad Cricket Association (HCA) to pay at least half of the outstanding amount, totaling ₹1.63 crore, to the discom immediately. Meanwhile, the court directed the electricity department to reconnect the power supply to the stadium immediately following the successful payment of the first installment.

Anurag Thakur said the Centre has set a target to make India 'Viksit Bharat' by 2047 and slammed the previous UPA government over corruption and scams. Addressing IT professionals here on Thursday, he said, "… IT stands for 'India Tomorrow' and what is the target for India tomorrow? The target is to develop India into Viksit Bharat by 2047." Taking a dig at the Congress, the Union Minister said, «Can you imagine 10 years back our countrymen were finding it even difficult to think about freeing themselves from the clutches of corrupt Congress party and its alliance partners where one after another scam took place.» Referring to the various scams during the UPA regime, he said because we have a short memory, sometimes we forget especially those aged between 18 and 22, they were only eight and 10 years old then. «They are not aware of 2G scam or CWG scam… They didn't know about AgustaWestland, Coal scam and all that...»

HDFC Bank: The bank announced a 55.4% year-on-year (YoY) increase in gross advances, reaching ₹25.08 lakh crore as of March 31, 2024. This is a significant rise from the ₹16.14 lakh crore reported as of March 31, 2023. On a sequential basis, the bank's advances grew by 1.6%, from ₹24.69 lakh crore in December 2023.

Who won yesterday IPL Match? Gujarat Titans (GT) clashed with Punjab Kings (PBKS) at home on April 5. It was the fourth match match for both teams. Punjab won the toss and decided to bowl first.

Stephane Dujarric, Spokesman for the UN Secretary-General who was reponding over query on reports of political unrest in India, said, "We very much hope that in India, as in any country that is having elections, that everyone's rights are protected, including political and civil rights, and everyone is able to vote in an atmosphere that is free and fair." The UN Secretary General's remarks were made one day after India strongly objected to remarks made by the US State Department on Arvind Kejriwal's arrest. While speaking during weekly media briefing, MEA Spokesperson Randhir Jaiswal had said, “The recent remarks by the State Department are unwarranted.

Mint. Fourth Partner Energy, which counts TPG Capital’s RISE Fund and Norway’s Norfund as investors, has a current installed green energy capacity of 1.35 gigawatt (GW), with operations in Vietnam, Bangladesh, Sri Lanka and Indonesia; and plans to reach an installed capacity of 3.5GW by 2025. It was founded in 2010 as a solar component and engineering, procurement and construction (EPC) firm.

An environmental group is challenging the U.S. Energy Department's decision to award over $1 billion to help keep California’s last nuclear power plant running beyond 2025

California school districts are preparing for the impacts of a new minimum wage for fast food workers

The number of Americans applying for jobless benefits rose to their highest level in two months last week, but layoffs remain at historically low levels as the labor market continues to chug along despite elevated interest rates

Authorities in New York City say they have disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments

Also Read: FY24 Review | Brent rises 9% in last 12 months on OPEC cuts, Middle-East tensions; Will crude oil hit $100 in FY25? Both benchmarks closed on Wednesday at their highest levels since October, having received support in recent days from the heightened geopolitical tensions and potential supply risks. Back home, crude oil futures last traded 0.94 per cent lower at ₹7,095 per barrel against a previous close of ₹7,162 per barrel on the multi commodity exchange (MCX).

U.S. Bank Wealth Management Senior Vice President Lisa Erickson analyzes stock movements, the job market and potential 'further signs of deterioration.' 

BJP leader Hema Malini. Commission chairperson Renu Bhatia said Surjewala has been asked to present himself before the panel on April 9 and give a clarification. The commission took suo motu cognisance of media reports and issued the notice. It said his alleged «indecent» remarks hurt the dignity of a woman. BJP IT department head Amit Malviya had shared an undated video on X in which the Congress general secretary is purportedly making some objectionable remarks about the actor-politician and two-time Mathura MP while attacking the ruling party.

Income Tax department on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year. This is for the first time in recent years that the Income Tax department has enabled taxpayers to file their I-T Returns on the first day of the new financial year and, is a step towards ease of compliance and seamless taxpayer services. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2 is filed by people having income from residential property). In a statement, the Central Board of Direct Taxes (CBDT) said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the 2024-25 Assessment Year (relevant to Financial Year 2023-24) from April 1, 2024.

Hindustan Times (HT), he said that the building of his department "was shaking like a boat". "Everything in the lab was collapsed. I couldn't see or do anything," he said.

India slipped to their lowest level since early February this week, pressured by sluggish demand, while Thai rates declined for the fourth consecutive week due to a weaker baht. Top exporter India's 5% broken parboiled variety was quoted at $540-$548 per ton this week, down from last week's $550-$558. Prices hit a record high of $560 last month after customs officials changed the calculation method for the 20% export duty, resulting in a higher levy. Demand from Asian buyers was subdued, which brought down prices from the last month's highs, said Himanshu Agarwal, executive director at Satyam Balajee, a leading exporter.

Tesla Inc.’s court to lay down its investment plans for the South Asian nation after the government cut import duty on electric vehicles. The industry department last month released a comprehensive policy for boosting EV manufacturing in the world’s most-populous nation. Following that move, it’s up to Elon Musk’s carmaker to “make the announcements of their manufacturing plans,” Rajesh Kumar Singh, secretary of department for promotion of industry and internal trade, told Bloomberg in an interview on Thursday. “We will help them out in terms of giving them the contacts at state level,” Singh said. “There have been contacts made at that level with state governments and the central government. VinFast has already announced and we expect a few others.”

SpiceJet has resumed its flight operations to Pakyong airport in Sikkim from Kolkata and Delhi, the airline said on Thursday. The Delhi-Pakyong route will be operational five days a week, while the Kolkata-Pakyong flight will operate daily, it said. The airline said in a statement that it has also launched non-stop flights between Hyderabad and Ayodhya from Tuesday. «We are happy to enhance connectivity to Ayodhya and Pakyong ahead of the forthcoming peak travel season. With an expanding fleet, we are poised to launch new routes and reinstate services on key ones,» the statement quoted Debojo Maharshi, Chief Business Officer, SpiceJet, as saying.

Fox News chief national security correspondent Jennifer Griffin has the latest on the cleanup effort following the Francis Scott Key Bridge collapse on ‘The Claman Countdown.’