Reports Financial News

Election Commission suspended 23 government officials and seized a total of Rs 130 crores through enforcement agencies in violation of the Model Code of Conduct (MCC) guidelines during the Jammu-Kashmir assembly polls. As per the state election commission office, 20 employees had also been transferred from their incumbent offices to offices in other tehsils and districts against whom complaints were registered for acting in favour of a political party. Besides these, the commission had also disengaged six contractual and ad hoc employees for the violation of MCC guidelines.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Subscribe to enjoy similar stories. The first half of 2024-25 is done, the Centre’s report card for the Indian economy over the first five months ended August is out, and, beneath its optimistic timbre, its underlying tone betrays a suppressed sense of apprehension about lingering structural fault-lines.

Some residents east of Atlanta were evacuated and others told to shelter in place after a fire at a chemical plant

death toll climbed towards 100 after Hurricane Helene knocked out power for millions, destroyed roads and bridges and caused dramatic flooding from Florida to Virginia. The storm's winds, rain and storm surge killed at least 90 people in North Carolina, South Carolina, Georgia, Florida, Tennessee and Virginia, according to a Reuters tally of state and local officials. Officials feared still more bodies would be discovered.

Union Minister Arjun Ram Meghwal has said that the Opposition can't reinstate Article 370 and accused them of misguiding the people of Jammu and Kashmir on this. «They (the opposition) can't bring it again (Article 370). They are just misguiding people; the way they did during the Lok Sabha elections by saying that we (the BJP) will finish the constitution. How can the Constitution be finished? Good governance and development--these are the two agendas, based on which we are contesting and will win this election,» Meghwal told reporters here. While Congress is silent on Article 370, its alliance partner, the National Conference, promised restoration of the Article in its manifesto.

tax audit report has been extended to October 7, 2024 for those taxpayers who are required by law to conduct an income tax audit of their accounts and submit the audit report on or before September 30, 2024. The report is required to be submitted online on the e-filing ITR portal. This extension is important as the penalty for submitting a tax audit report after the deadline is Rs 1.5 lakh or 0.5% of total sales, whichever is lower. “Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing of various reports of audit for the Previous Year 2023-24, which was 30th September, 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 07thOctober 2024,” said the Income Tax Department in a circular released on September 29, 2024.

Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations.

Subscribe to enjoy similar stories. As India's annual festive season unfolds, consumers in smaller towns and cities are cautiously opening their wallets. A good chunk of Indians plans to spend more this year, despite high prices tempering some of the enthusiasm.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

mattress and furniture maker Wakefit reported a 24% year-on-year increase in revenue to Rs 1,017 crore for the financial year ending March 31, 2024. The company said it returned to profitability during the financial year, with earnings before interest, taxes, depreciation and amortisation of Rs 65 crore. It had been profitable on during its first four years of operation. Operating revenue during FY24 was around Rs 985 crore, up from Rs 813 crore in the previous year, it said. Wakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel presence, with some stores reaching maturity and a new wave of outlets opening, along with the benefits of an automated mattress factory.

The music streaming service Spotify was down on Sunday, the company said

Indian banks expect growth in festive period spending through credit cards to be in high single-digits as consumer demand remains subdued, several card issuers and merchants said. «Right now, it's not like the mood is bullish for a big festive season, it seems like wait and watch,» said Sanjeev Moghe, head-cards & payments, Axis Bank. «It's a different market when the economy is growing at 12-15% and it's not growing at that pace. In my own discussion with merchants, I am not sensing a bullish mood. But we are hoping that consumers could positively surprise us.» For the festive period of October to December 2023, banks had recorded credit card spends of nearly ₹4.87 lakh crore. During the October to December 2022 period, banks saw total spends of ₹3.69 lakh crore. In one year, banks had seen growth in credit card spending of over 30%.

Ellen DeGeneres' peculiar nickname for Sean «Diddy» Combs has resurfaced, raising eyebrows amid the rapper's recent arrest on sex crime charges. The comedian's past remark about Diddy, which has ignited conversations on social media, has some users questioning the nature of their relationship, particularly in light of the ongoing legal challenges.

Lebanon killed dozens of people on Sunday as the Hezbollah militant group sustained a string of deadly blows to its command structure, including the killing of its overall leader, Hassan Nasrallah. Hezbollah confirmed Nabil Kaouk, the deputy head of the militant group's Central Council, was killed on Saturday, making him the seventh senior Hezbollah leader slain in Israeli strikes in a little over a week. They include founding members who had evaded death or detention for decades. Hezbollah had earlier confirmed that Ali Karaki, another senior commander, died in Friday's strike that killed Nasrallah. Israel says at least 20 other Hezbollah militants were killed in the strike, including two close associates of Nasrallah, one of whom was in charge of his security detail.

JD Vance was denied entry to a Pennsylvania restaurant where he was scheduled to speak, leading to an impromptu gathering in the parking lot. The incident took place at Primanti Bros in North Versailles, Pennsylvania, where the Republican vice-presidential nominee was turned away after a staff member informed the press that no campaign events were allowed inside, as mentioned in a report by Yahoo News which quoted The Independent. The situation left Vance addressing his supporters outside, marking yet another mishap in his ongoing campaign struggles.

Minecraft live 2024 has unveiled Minecraft movie release date and cast details. Jason Momoa and Jack Black are playing pivotal roles in the film. «An updated approach to feature drops, exclusive insight into A Minecraft Movie, a new mysterious biome, Bedrock Edition Hardcore mode, Bundles of Bravery, a startling new mob… Goodness, there are LOTS highlights to catch up on from Minecraft Live 2024!» Collider reported.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Subscribe to enjoy similar stories. The Burman family, the largest shareholder in Religare Enterprises Ltd, has called for removing its chairperson Rashmi Saluja from the board of subsidiary Care Health Insurance Ltd, ahead of the insurer's annual shareholders' meeting on Monday. In a 27 September letter to the board of Care Health citing the insurer's Articles of Association, the Burman family wrote that a recent Enforcement Directorate (ED) investigation against Saluja makes her unsuitable for the post of director.

Pope Francis implored bishops not to cover up the sexual abuse of children, during an open-air mass on Sunday that capped a three-day visit to Belgium, which is still struggling with the legacy of past scandals. Gathered in bright morning sunshine, about 40,000 faithful, some waving Belgian and Vatican flags, packed the King Baudouin stadium north of the capital to hear the 87-year-old pontiff. «There is no place for abuse, there is no place for covering up abuse,» Francis said during a homily.

Donald Trump scrambled political norms. Democratic governor of Minnesota Walz made it to national prominence by labelling rival Republicans 'weird'. Republican junior senator from Ohio Vance has torn into Vice President Kamala Harris' party on immigration, notably by spreading a false story about Haitian immigrants in his home state that Trump then cited during his own debate with Harris. A nominee's choice of number 2 has historically made little Election Day difference. This year could be different.