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Indian Railways is all set to introduce a second Vande Bharat Express train on Ahmedabad-Mumbai route. The new semi high-speed train will commence its operations from Tuesday (March 12) onwards and Prime Minister Narendra Modi is scheduled to flag it off. 

‘Compliance Portal’ launched by the Income-tax department is showing inaccurate/inconsistent financial information for several taxpayers, as per numerous complaints on social media and chartered accountants. As per chartered accountants, the compliance portal is showing highly inflated transaction value and advance tax liability. In this regard the Income-tax department has said on X in a post dated March 11, 2024, “Based on feedback from taxpayers on the e-campaign for Advance Tax, the Department has identified certain inconsistencies in the data of the securities market (SFT-17) provided by one of the Reporting Entities.

Karnataka government on Monday banned the use of artificial colours, including Rhodamine-B, in foods like Gobi Machurian and cotton candy, after reports of health concerns due to the poor quality. The state’s move follows a similar ban imposed by Goa, Tamil Nadu and Puducherry last month, all of whom came down heavily on the popular Indo-Chinese dish. Karnataka Health minister Dinesh Gundu Rao said that such artificial colours were of poor quality and posed harms to public health, and warned of serious action against anyone who continues to use them in food production. Taking to social media platform X on Monday, he said violation of this ban may result in imprisonment for up to seven years and a fine of up to Rs 10 lakh. According to the food safety and quality department, samples of 'Gobi Manchurian' and 'Cotton Candy' being sold across the state were collected and analysed in laboratories. “Out of 171 samples collected from Gobi Manchurian, artificial colours were detected in 107 samples. Similarly, out of 25 cotton candy samples collected, artificial colours were found in 15 samples,” a statement from the department said.

Meta Platforms Inc (NASDAQ:META) fell more than 4% at the market open on Monday to $478.7, its lowest point in nearly a month. While the tech giant’s performance this year remains strong, there are two key factors weighing on META’s share price right now.

On Friday, the equity market took a step back, concluding a week filled with ups and downs as Nvidia's (NASDAQ:NVDA) remarkable surge paused.

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Mamata Banerjee on Monday said she would fiercely oppose the Citizenship Amendment Act (CAA) if she found it to be discriminatory against groups of people living in India and if it curtailed their existing citizenship rights in any manner. Speaking at a hurriedly convened press conference from the state secretariat, Nabanna, barely minutes before the CAA rules were officially notified by the Centre, Banerjee said this was her «primary response» based on media reports that the announcement was likely to be made soon. Banerjee stated she would offer her detailed opinion on CAA on Tuesday after thoroughly going through the notification and the finalised rules. She asked, «Why do this only days before the Lok Sabha polls are scheduled to be announced? Why did the Centre have to wait for four years to notify the law after it was passed in Parliament?

authors have filed a lawsuit against graphics processing unit (GPU) giant Nvidia for illegally training its artificial intelligence (AI) platform NeMo on their copyrighted works. This is another development in the growing tensions globally involving intellectual property right holders and companies that make AI models, resulting in similar lawsuits that saw entities such as Microsoft and OpenAI cross swords. Here's an explainer of what the Nvidia lawsuit says and what these concerns are.

Users of Facebook Marketplace say the once-straightforward process of buying and selling there has become anything but. Buyers say they’ve encountered counterfeit listings, payment cons or products that don’t match what was promised. When sellers are scammed, it’s often by a “buyer" showing fake payment confirmation, or they’re inundated by messages that ask, “Is this still available?" The Better Business Bureau’s Scam Tracker database is filled with hundreds of reports from Facebook Marketplace users who allege they fell prey to fraud on the platform.

MUMBAI : IndiGo co-founder Rakesh Gangwal on Monday offloaded a larger-than-anticipated 5.8% stake in InterGlobe Aviation Ltd, the parent company of the airline, through a block deal on BSE. This sale follows previous divestments by Gangwal and his family, indicating a gradual reduction in their shareholding in the company.

TY-E model, reported HT Auto. As per the report, Yamaha emphasized that the TY-E trials bike has been instrumental in providing valuable insights, particularly in addressing the challenge of delivering instant torque for optimal performance. While electric motors excel in delivering maximum torque at zero revs, Yamaha discovered that a conventional direct drive between the motor and rear wheel fell short in trials riding scenarios.

Investing.com — U.S. futures drifted lower Monday, as investors warily awaited the release of key inflation data later in the week for more cues on future Federal Reserve policy.

US equity futures started off a data-heavy week on the backfoot before a key report on US inflation that will test the resolve of a bull market riding on bets that Federal Reserve Chair Jerome Powell and his colleagues are moving closer to a pivot to easier policy.

A wave of legislative changes has driven an increase in financial literacy education across US high schools over the past two years, according to new research from the Council for Economic Education.

In their latest UK jobs report, compiled by S&P Global, the firms found the slowdown in hiring and redundancies drove «further marked increases» in candidate availability while pay pressures abated. The number of permanent placements also fell, mostly due to «ongoing economic uncertainty and hesitancy» to commit to new hires, whereas temporary billings dropped to the steepest rate since mid-2020. Rates of starting pay for both permanent and temporary workers have increased, in a bid to address the ongoing cost of living crisis as well as to land highly-skilled candidates. US jobs d...

Amit Shah is likely to notify the controversial Citizenship Amendment Act rules on late March 11, media reports claimed on Monday. «Union Home Ministry is likely to notify Citizenship Amendment Act (CAA) rules by today,» news agency ANI reported citing sources. ETOnline has not verified this report independently. Officials of the Narendra Modi government claimed recently that the rules will be implemented before the Lok Sabha elections which are slated to take place sometime around April-May.

Congress leader and Home Minister G Parameshwara on Monday said there are discussions in the party that seven to eight Ministers should contest the upcoming Lok Sabha polls in Karnataka. He, however, said the party will ultimately decide as to who the candidates should be for the 28 Lok Sabha segments. «There are discussions that seven to eight Ministers should contest, among the Ministers. Whoever agrees in the interest of the party, they will be fielded. There may be some clarity on it after today's meeting (of the screening committee),» Parameshwara told reporters here. Asked about Social Welfare Minister H C Mahadevappa not willing to contest, he said, «He (Mahadevappa) is saying that he doesn't want to contest and the ticket be given to his son. Party will ultimately decide whether it will be Mahadevappa or his son or someone else. He cannot be pressured if he doesn't want to (contest).»

NEW DELHI : The Adani group will bid for the Airports Authority of India’s (AAI’s) stake in only Mumbai airport, and is not a suitor for the state-owned airport operator’s residual share in airports in Delhi, Bengaluru and Hyderabad, Karan Adani, managing director of Adani Ports and Special Economic Zone (APSEZ) said. He added that the group will bid for airports that the government plans to put for auctions. “We will bid for (AAI) airports...

₹43 per metric million British thermal unit (mmbtu) in FY23 to ₹58.6 mmbtu in FY24. Consequently, gas transmission business should make up for almost 50% of the company’s Ebitda in FY24. Ebitda is earnings before interest, tax, depreciation and amortization.

Congress leader Adhir Ranjan Chowdhury on Monday claimed that the Trinamool Congress was in a sorry state of affairs owing to internal squabbles and that was being reflected in its choice of candidates for the 42 Lok Sabha seats in West Bengal. The TMC announced the names of its candidates for all the 42 seats in the state, leaving no constituency for its INDIA bloc alliance partners, at its mega rally in Kolkata on Sunday. «TMC is in a sorry state of affairs owing to internal squabbles,» the West Bengal Pradesh Congress Committee president told reporters at a press conference here. Claiming that Trinamool Congress supremo Mamata Banerjee is «directionless», the leader of the Congress in Lok Sabha said the TMC was having to show off its might through a public meeting which seemed to be more like a corporate show than a political event.

This week will be dominated by inflation data and the bond auction returning to the 1 PM ET time slot. Today, a 3-year Treasury auction will be at 1 PM ET.