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IDBI Bank that the lender has deferred tax assets of Rs 11,520 crore and 120 properties in the top seven cities including Mumbai, Pune, and Chennai. In response to the pre-bid queries from prospective asset valuers of IDBI Bank, the Department of Investment and Public Asset Management (DIPAM) said the bank has as many as 68 properties in Mumbai, 20 in Pune, nine in Chennai and seven in Ahmedabad. Besides, it has six properties in Kolkata and five each in Delhi and Hyderabad. “The intangible on the balance sheet of IDBI Bank primarily comprises deferred tax assets of around Rs 11,520 crore,” DIPAM said. Deferred tax asset commonly refers to overpayment of tax by an entity.

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On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors in Asia. The alliance, rooted in Zurich and Hong Kong, focuses on promoting Internet Computer blockchain uptake, nurturing collaborations, and catalyzing innovation within the booming Web3 and AI domain in Asia.

Punjab's Ferozepur district, Border Security Force officials said on Sunday. Acting on specific information, a search operation was launched by BSF troops on the outskirts of Chak Bhange Wala village on Saturday evening, they said.

electronics sector, a top government official said. The government disbursed Rs 2,900 crore till March 2023, out of claims worth Rs 3,400 crore received under the scheme, which aims at boosting domestic manufacturing, creating jobs and supporting exports. «In the recent meeting of the committee, Rs 1,000 crore disbursements were approved under the PLI scheme for the electronics sector.

Indian Biogas Association (IBA) during the recently held Renewable Energy India Expo 2023. Talking to PTI, IBA Chairman Gaurav Kedia said «Indian Biogas Association (IBA), an industry association comprising operators, manufacturers, and planners of bioenergy plants, has received a commitment of investment worth Rs 2,755 crore during the Renewable Energy India Expo 2023.» The association has signed joint ventures (JVs), MoUs (memorandum of understanding) and received LoIs (letter of intent) commitments during the recently concluded Renewable Energy India (REI) Expo held at Greater Noida from from October 4 to 6.

Lok Sabha Speaker Om Birla on Saturday lodged a strong protest with European Parliament Vice President Nicola Beer over the passage of a proposal linked to India's internal matters. Birla further highlighted India's sovereignty and protested against bringing proposals to the European Parliament on its internal issues. Earlier in July, just ahead of Prime Minister Narendra Modi's visit to France for the Bastille Day Parade, the European Parliament adopted a resolution calling on India to act «promptly» to halt the violence in Manipur and protect religious minorities. Om Birla insisted that every nation and parliament is sovereign and that their internal issues should not be discussed by others. Om Birla also held bilateral discussions with the Vice President of the European Parliament Nicola Beer. European Parliament Vice President Nicola Beer also informed Om Birla that Europe is going through challenging times and sought India's cooperation, it further stated.

Cryptocurrency markets are known for their high volatility. As such, they can sometimes be susceptible to price manipulation. The nefarious practice involves artificially inflating or deflating the price of a cryptocurrency in an attempt to deceive traders or investors for personal gain.

process a return in the assessment year 2019-20; in 2022-23, it took 16 days, and it has further reduced to 10 days in the assessment year 2023-24. So, there could be a case, and rightly so, where you have already filed your income tax return (before the July 31 deadline) but is yet not verified.

Financial freedom embodies the ability to lead life according to one’s preferences, liberated from financial restrictions. It denotes a state of financial well-being where you possess the means and flexibility to chase your dreams, sustain a chosen lifestyle, and realise long-term financial objectives without depending solely on conventional norms. While there is no one-size-fits-all approach to achieving financial freedom, there are certain financial mantras that can help guide investors who want to attain financial freedom.

By Anirban Sen and Mrinmay Dey

Many parents hold financial assets in their minor child’s name. What happens when the child turns 18? As a major, the young adult is now the complete owner of the asset but to undertake any transactions in it, there are certain steps that the parent and child have to fulfill first. For instance, if your child had a minor’s bank account under your guardianship, the bank will send a notice that the account has been frozen and certain formalities have to be completed within 30 days to operate it.

Senior Citizen fixed deposit interest rate hike in October 2023: Several banks have revised their fixed deposit interest rates for general and senior citizens this month. The following is a compilation of FD rates revised by various banks in October.

One Piece," are in for a treat as the «One Piece: Strong World Episode 0» original video anime (OVA) has made its way to the franchise's official YouTube channel. This exciting release provides a unique look into the epic storyline of the franchise, giving fans a chance to delve deeper into the world of «One Piece.»

BJP is planning to field more OBC candidates in upcoming assembly elections to counter the caste census plank of the Congress. In his rallies in Madhya Pradesh, Rajasthan and Chhattisgarh, Rahul Gandhi has been talking about a caste census and equitable distribution of resources to OBC communities. The BJP's plan is to present itself as the party which is offering more soaps to the OBC community. In Madhya Pradesh, the party has announced 136 candidates.

PMLA) court's order which granted custody of four arrested Vivo Group executives by the the Enforcement Directorate, the Delhi High Court (HC) dismissed a plea filed by one of the accused. Earlier this week, ED arrested four executives of Vivo including the petitioner, Guangwen Kuang alias Andrew over allegations of money laundering. The ED contested that those arrested helped in the incorporation of a mesh of 18-19 companies in India having Chinese nationals as their directors and that despite them operating in India, their data was not maintained in India, rather maintained in the servers in China.

Also Read: Dividend Stocks: TCS, HCL Tech, Glenmark Life Sciences, others to trade ex-dividend next week; check full list Nifty 50 lost 42.95 points to settle at 19,751.05. The Sensex falls 125.65 points to close at 66,282.74.

Gujarat Cricket Association (GCA) and cheating one person by taking Rs 2.68 lakh on the promise of delivering 41 tickets for Saturday's India-Pakistan World Cup match, a police official said. Anandnagar police station inspector VM Desai said complainant Masri Kandoria had between September 22-23 come across the Facebook page of one Jay Shah, who claimed to be an agent of the GCA and was promising tickets for the India-Pakistan clash.