Department Financial News

Delhi court on Wednesday sent NewsClick founder Prabir Purkayastha and human resources department head Amit Chakravarty to police custody till November 2 in a case lodged under the anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda. The accused were produced in the court on the expiry of their 15-day judicial custody granted by it earlier. The police had requested the court on October 10 to send the accused persons to jail and had submitted that the agency could ask for their further custodial interrogation later. The police on Wednesday told the judge that it wanted to confront the accused with some protected witnesses and also some devices which were examined and the data that has been extracted. Advocate Arshdeep Singh Khurana, appearing for Purkayastha, opposed the police remand plea claiming that there was no new ground in the application. The Special Cell of Delhi Police had arrested Purkayastha and Chakravarty on October 3. According to the FIR, a large amount of funds to the news portal came from China to «disrupt the sovereignty of India» and cause disaffection against the country. It also alleged Purkayastha conspired with a group — People's Alliance for Democracy and Secularism (PADS) — to sabotage the electoral process during the 2019 Lok Sabha polls. Raids were conducted at 88 locations in Delhi and seven in other states on October 3 on the suspects named in the FIR and those that surfaced in the analysis of data, police said. Around 300 electronic gadgets were also seized from the offices of NewsClick and residences of the journalists who were examined. Following the raids, 46 individuals, including nine female journalists, were questioned by

local train services in Mumbai will be cancelled from October 27 to November 5, as Western Railway (WR) will be implementing blocks for commissioning. The cancellations will affect train services towards Virar and Churchgate. The reason behind these cancellations is the ongoing construction of the 6th line project, which aims to enhance the carrying capacity of the suburban train network.

Telecom major Reliance Jio has deployed 85 per cent 5G network in India and has the capability to deploy one 5G cell in every 10 seconds, the company’s Chairman Akash Ambani said.

A cruise operator that failed to cancel a voyage from Sydney that led to a COVID-19 outbreak has been ruled negligent in an Australian class-action case

Washington state senator was arrested in Hong Kong for carrying a gun that was not registered in the semi-autonomous Chinese city, his website and local media reported. He was released on bail Monday. Jeff Wilson, a Republican from Longview, was arrested after landing at the Hong Kong International Airport on Saturday.

Hindustan Times, women of Uttara Kannada district are receiving regular health check-ups, nutritious food, and medicine, courtesy of a noble initiative undertaken by district administration. The district officials of Uttara Kannada has adopted roughly 358 women as part of an initiative to provide extra care to expectant mothers and their newborn.

₹50,000 crore in evaded Goods and Services Tax (GST) in FY24, Business Standard reported. This amount is over double that of what was recovered in FY23 and is likely to potentially be the highest annual tax collection, it added. In FY24, GST officials have so far identified evasions amounting to ₹1.36 lakh crore; and have already recovered ₹14,108 crore of this.

California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace

A decade after they were envisioned in the aftermath of Superstorm Sandy’s destruction, two of the largest flood control projects designed to protect densely populated cities in New Jersey just outside New York City are getting underway

BEIJING (Reuters) -Taiwanese companies should assume their social responsibilities and play a «positive role» in promoting the peaceful development of relations across the Taiwan Strait, China's government said on Wednesday, amid a probe into major Apple (NASDAQ:AAPL) supplier Foxconn.

Magellan chairman Andrew Formica has ditched outgoing chief executive David George’s ambition to restore the investment manager’s assets to $100 billion as he searches for a replacement CEO to enact a turnaround.

Also read: The air quality struggles of Delhi and Mumbai, explained in charts Besides, district officials will be conducting field visits to ensure the strict implementation of pollution mitigation measures. The Delhi government has also been instructed to run additional buses in the capital under the "Paryavaran Bus Sewa" campaign to bolster public transport in a bid to reduce vehicular emissions.

OTT) communication apps to test features in a “live but safe environment” before they are allowed to be released for all users. According to the latest version of the draft Indian Telecommunications Bill 2023, the government will come out with specific administrative rules and eligibility criterion for allowing OTT communication apps such as WhatsApp and Signal to be tested in these regulatory sandboxes.

By Hyunjoo Jin and David Shepardson

Lynas Rare Earths has won a reprieve from Malaysia to operate its flagship refinery which produces key ingredients for wind turbines, electronics, and military applications.

Australia will look for another dominating show against a tenacious Netherlands in a World Cup match here on Wednesday. There is also a lot of optimism around Travis Head's return from hand injury after he hit the nets on Monday and Australia will hope to get his services against the Netherlands. After a disappointing start to their campaign, the five-time champions turned it around with two solid performances against Sri Lanka and Pakistan but they know very well that they can ill-afford to take the Dutch lightly in what is turning out to be a World Cup of upsets.

NEW DELHI : The number of persons reporting zero-tax liability for their previous year’s income continued to climb, with 44.6 million tax returns, or two-thirds of all 2021-22 assessment year filings, making this claim, according to data available from the income tax department. This represents a 4% increase in zero-tax returns filed in 2021-22 from the previous assessment year, despite the overall income of individuals and businesses growing by more than 14% in the tax returns filed in 2021-22, according to official data from the tax department.

China’s Foreign Minister Wang Yi will visit Washington on Thursday for high-level talks, the US state department has announced, as the two countries try to “responsibly manage” their fraught relations.

Concerned that the cut in the highest tax rate on personal income from 42.74% to 39% in the Budget FY24 hasn’t curbed tax evasion among high net worth individuals (HNIs), the income-tax department is all set to crack down on the super rich who underpay their taxes.

The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness

Prices for Russian oil have risen well above a price cap imposed by Western allies as part of sanctions over the invasion of Ukraine