Department Financial News

India in their opening match against Australia was able to achieve the target of 200 runs in the ICC World Cup 2023 on Sunday held in M A Chidambaram Stadium, Chennai. India's star batter Virat Kohli and Wicket Keeper KL Rahul restored the country's hope for a win. The duo had a partnership of over 150 runs. After the end of his magnificent knock, Virat Kohli departed from the field after scoring 85 runs. On the other side, KL Rahul was short of 3 runs before he could add another century to his list.

Agriculture and Rural Development Banks (ARDBs) under a scheme with a budget of Rs 225.09 crore. Currently, the government is computerising all Primary Agriculture Credit Societies (PACS) in the country.

Delhi Municipal Corporation or MCD. Singapore's High Commissioner to India, Simon Wong, in a social media post today morning highlighted a spelling error in the name of his country on a signboard installed near the high commission. Mr Wong, likely discovered the gaffe while on his morning walk, took to X and asked the MCD to do a 'spell check' before installing the signage. His post included a picture of signage, which had wrongly mentioned the spelling of his country as Singapur.

Reliance General Insurance Company (RGIC), a unit of Reliance Capital Ltd, on Sunday received received multiple show cause notices, amounting to Rs 922.58 crore, from the Directorate General of GST Intelligence, reported PTI. The notices relate to the applicability of GST on re-insurance commission and co-insurance premium, as well as availing input tax credit and non-payment of GST on the import of reinsurance services. According to PTI sources, the company has received four notices from the DGGI demanding GST of Rs 478.84 crore, Rs 359.70 crore, Rs 78.66 crore, and Rs 5.38 crore respectively. The RGIC auditors will have to provide for this amount in its quarterly results ending September 30, as a contingent liability, PTI cited a tax expert as saying. RGIC is the crown jewel of Reliance Capital which is undergoing a debt resolution process through NCLT. RGIC constitutes almost 70 per cent of the total value of Reliance Capital.

Click here! "There is no change in the entitlement for any category of persons being granted compensation for death or disability," he added. When asked about the possibility of 'misuse' of these revised disability pension rules, CDS General Anil Chauhan told news agency ANI that, "I can only say that these rules are slightly clearer and the possibility of its misuse if I may use the word becomes less. So hopefully there will be fewer court cases.

Aditya-L1 spacecraft performed the Trajectory Correction Maneuver (TCM) on October 6 for about 16 seconds and now it is on its way to Sun-Earth L1. In a post on X (formerly Twitter), ISRO said, “The Spacecraft is healthy and on its way to Sun-Earth L1. A Trajectory Correction Maneuver (TCM), originally provisioned, was performed on October 6 for about 16 seconds." “It was needed to correct the trajectory evaluated after tracking the Trans-Lagrangean Point 1 Insertion (TL1I) maneuver performed on September 19.

Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Recent performances suggest a dilemma. KL Rahul, having displayed impeccable form since his injury recovery, seems like a solid choice. Yet, positioning him as an opener might displace him from his coveted number four slot.

Reserve Bank of India (RBI) to exchange and/or deposit Rs 2,000 notes expired yesterday (October 7, 2023). It may happen that you still have Rs 2,000 notes with you. The banks can neither accept it to deposit in your bank account nor exchange it, as per RBI rules. It is important to note that Rs 2,000 note continues to remain legal tender even now. Here is what you can do after the expiry of the Rs 2,000 note exchange, deposit deadline. As per the RBI notification dated September 30, 2023 «With effect from October 8, 2023, banks shall stop accepting Rs 2000 banknotes for credit to accounts or exchange to other denomination banknotes. Rs 2000 banknotes shall continue to be allowed to be presented at the 19 Regional Offices of RBI having Issue Departments (RBI Issue offices) for credit to the bank accounts in India or exchange.»

polls in Rajasthan, the Congress government on Saturday night issued an order for the conduct of a caste survey in the state. The order came just days after Bihar released the findings of its caste survey. Rajasthan will be the second state in the country to conduct such a population count.

₹44.8 crore as an advance amount from the central share of the State Disaster Response Fund (SDRF) to Sikkim to provide relief to flash floods-affected people. Chief Minister Prem Singh Tamang on Saturday visited the disaster-affected areas in north Sikkim and inspected damaged infrastructures. He also chaired a meeting with Zilla and ward members of Toong Naga Gram Panchayat Unit alongside representatives of GREF, BRO and officials of concerned departments.

Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. income tax credits at the time of purchase

Alaska fishermen will be able to harvest red king crab for the first time in two years

NDTV claims that the condition of the hospital was even worse. The hospital even doesn't have a pillow or bedsheet for patients in the ward.

CYRENE, Libya — The flooding that killed thousands in Libya's Derna last month damaged the ruins at the ancient Greek city of Cyrene in the mountains nearby, but it also revealed new archaeological remains thereby washing away earth and stones. Storm Daniel may have caused a meter of rain to fall on the hills of eastern Libya, an unprecedented amount since records began in the mid-19th century scientists say, and water was still flowing through the site when Reuters visited last week.

₹2,000 banknote notes is today i.e. on 7 October. Earlier, The Reserve Bank of India (RBI) had extended the 30 September deadline to exchange and deposit ₹2,000 notes till October 7, 2023.

₹70,000 crore in foreign investment, with an additional ₹25,000 crore expected soon. “The unstable and erratic tax environment will impact not only online gaming sector, but the entire start-up sector," the minister said. Last month, Mint reported that the government is in process of sending out retrospective GST claims as high as ₹1.5 trillion across the entire gaming industry, claiming real-money gaming firms to qualify under gambling.

₹20,000, look no further. The iQOO Z7s 5G (8GB RAM, 128GB Storage) variant is currently retailing at ₹17,999. Customers can avail Prime Savings 10 percent instant discount up to ₹1500 on SBI credit card EMI transaction.

devastated Sikkim, while the search continued for the 142 people who are still missing, officials said on Friday night. Of the 23 Army personnel who had gone missing from Bardang, the bodies of seven have been recovered from different areas downstream of Teesta, while one of them was rescued earlier. Today, the third Indian Reserve Batallion troops are en route for the rescue mission, as per ANI reports.

Qantas says it provided feedback to Transport Minister Catherine King on a request from Turkish Airlines on July 7, two weeks before the minister denied the airline had asked for permission to fly to and from Australia.

SlateStone Wealth Chief Market Strategist Kenny Polcari discusses how the robust September jobs report could impact the Fed's inflation battle on 'Varney & Co.'

NewsClick founder Prabir Purkayastha and human resources department head Amit Chakravarty in police custody in a case lodged under Unlawful Activities (Prevention) Act (UAPA) on Friday came under scanner in the Delhi High Court, which said there appeared to be something missing as the order was apparently passed without hearing their counsel. Justice Tushar Rao Gedela said a relief cannot be granted at this stage as the court has to hear the counsel for police, and listed the matter for further hearing on October 9 as the first case.