NOT Financial News

water vapor, rather it is carbon dioxide (CO2) that propels the eruption of basaltic volcanoes.

Punjab government on Monday warned residents of five districts against going near the Beas riverbanks as surplus water from the Pong dam is going to be released. The move follows heavy incessant rains in the catchment areas of the river.

A spot Bitcoin-backed exchange-traded fund (ETF) will not be approved in the US until at least 2024 when the election is over, according to a former SEC official.

Income Tax Refund Date 2023: Over 6.8 crore taxpayers have filed their income tax returns for AY 2023-24. While many taxpayers have already received refunds, some claim to be facing a delay. Once such taxpayer recently asked the Income Tax department on social media as to why he was not getting the refund even after filing his return much before the due date.

GST drive to bust fake companies and bogus input tax credit (ITC) claims, reports have emerged of genuine companies having to suffer untoward consequences owing to data mismatch. In these cases, data mismatch between the GST filings of the buyer and the seller has left the former unable to claim ITC, a ToI report said on August 14. ITC refers to GST credit for tax paid while buying goods or services to be used for business.

TVS Supply Chain IPO: The initial public offering (IPO) of TVS Supply Chain Solutions Limited opened for bidders on 10th August 2023 and it will remain open for bidding till 14th August 2023. This means, TVS Supply Chain IPO subscription is going to end today. After two days of bidding, the public issue worth ₹880 crore has sailed through as the issue has been fully subscribed despite weak stock market sentiments on Dalal Street.

Mint’s 9th annual mutual fund conclave on Thursday. Finfluencers are entities that are capable of influencing people financially via various social media platforms.

real estate, Ankur Gupta, and the hotel business’s chief executive officer Anuraag Bhatnagar, said the business has doubled in terms of earnings before interest, taxes, depreciation and amortization (Ebitda), commercial growth and overall revenue. Besides, it has expanded its presence from 8 to 12 operational hotels post-pandemic, including in Gandhinagar and Bengaluru. Edited excerpts: Gupta: Yes, it is a unique investment for Brookfield.

Nationalist Congress Party chief Sharad Pawar on Sunday said his party will not go with the BJP though some 'well-wishers' are trying to persuade him. Addressing reporters at Sangola in Solapur district of Maharashtra, Pawar said any association with BJP doesn't fit into NCP's political policy. «As the national president of the NCP, I am making it clear that my party (NCP) will not go with the BJP. Any association with the Bharatiya Janata Party does not fit in NCP's political policy,» he said. «Some of us (Ajit Pawar-led NCP group) have taken a different stand. Some of our well-wishers are trying to see if there can be any change in our stand. That is why they are trying to have a cordial discussion with us,» he said without taking names. Queried about his «secret» meeting in Pune on Saturday with his nephew and Deputy CM Ajit Pawar, who is part of the Shiv Sena-BJP government in Maharashtra, the senior Pawar said, «I want to tell you a fact that he is my nephew. What is wrong with meeting my nephew? If a senior person in a family desires to meet another family member, there should not be any issue with that.»

During a podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then centralizing Bitcoin (BTC) should not be a cause for concern.

Contesting the usefulness of GDP, however, is nothing new. US presidential candidate Robert F Kennedy questioned the Gross National Product (GNP) — GDP plus factor incomes earned by foreign residents, minus income earned in the domestic economy by non-residents — during the first campaign speech in 1968. 'It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile,' he had said.

By Aditya Kalra and Munsif Vengattil

Mandaviya on Saturday said the Modi government believes in «politics of development» and not «politics in development» while urging Bihar minister Tejashwi Yadav to provide suitable land for the construction of AIIMS in Darbhanga. The comments come after Yadav, who holds the health portfolio in the Nitish Kumar-led Bihar government, accused Prime Minister Narendra Modi of 'safed jhooth' (blatant lie) in his address earlier in the day when he spoke of the All India Institute of Medical Sciences (AIIMS) in the north Bihar district of Darbhanga.

Adani Ports confirmed media reports about Deloitte's exit as auditor on Saturday while asserting that the reasons cited by the accounting giant were ‘not convincing’. Deloitte had reportedly voiced concern about certain transactions flagged by the Hindenburg report earlier this year that the company did not wish to scrutinise independently. The Adani Group company has said that MSKA and Associates Chartered Accountants will be taking over as APSEZ auditor.

Adhir Ranjan Chowdhury and some other MPs suspended from Parliament will not be able to attend the meetings of parliamentary committees of which they are a member or chairperson till their suspension is revoked. Chowdhury, who heads the all-important Public Accounts Committee, will not be able to take part in its meeting. Similarly, he will not be allowed in the meetings of the Parliamentary Standing Committee on Home Affairs of which he is a member till his suspension continues.

By Deena Beasley

Congress on Saturday hoped the SEBI report on Adani would answer the questions raised by Supreme Court's Expert Committee and wondered when will Prime Minister Narendra Modi break his silence on the issue. In May, the apex court had granted the Securities and Exchange Board of India (SEBI) time till August 14 to complete its probe into the allegations of stock price manipulation by the Adani group.

generic drugs, failing which they will be penalised and even their license to practice may also be suspended for a period, according to the new regulations issued by the National Medical Commission. The National Medical Commission (NMC) in its 'Regulations relating to Professional Conduct of Registered Medical Practitioners" also asked doctors to avoid prescribing branded generic drugs. Even though doctors are currently required to prescribe generic drugs only, there are no penal provisions mentioned in the regulations issued in 2002 by the Indian Medical Council.

TVS Supply Chain IPO: The Initial Public Offering (IPO) of TVS Supply Chain Solutions Ltd opened for bidding on 10th August 2023 and it will remain open for bidding till 14th August 2023. This means, TVS Supply Chain IPO subscription will end on Monday next week. After two days of bidding, the public issue worth ₹880 crore has been subscribed 1.03 times whereas its retail portion has been subscribed 3.62 times.

Prime Minister Narendra Modi on Saturday launched a blistering attack on the opposition parties, accusing them of «running away» from the Lok Sabha during a debate on the no-confidence motion, and said his government has countered the «negativity being spread» by them across the country. He also accused the opposition of «not being serious» about the discussion on Manipur as «it would have hurt them the most».PM Modi said an opportunity to find solutions through debates in Parliament could not be utilised as the opposition parties «prioritised their politics over people's welfare». In an apparent reference to the PM's allegation, West Bengal Chief Minister Mamata Banerjee claimed that the Centre has «not taken any action against those involved in unleashing atrocities in Manipur».

Mamata Banerjee on Saturday alleged that the Centre has not taken any action against those involved in unleashing atrocities in Manipur. She also said «Prime Minister Narendra Modi can't speak on corruption» as his government is «surrounded by issues like PM Care fund, Rafale deal and demonetisation». Her comments come hours after PM Modi said India has a strict policy of zero tolerance against corruption while addressing the G20 Anti-Corruption Ministerial Meet here via video conferencing.