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fiscal deficit in the first five months of 2024-25 stood at 27% of the annual target — lower than 36% a year ago — despite a spurt in August, showed the official data released on Monday. The lower deficit indicates the government remains on track to meet its renewed target of containing the fiscal deficit at 4.9% of gross domestic product (GDP) in 2024-25. The Centre aims to reduce the gap further to less than 4.5% of GDP in 2025-26. The fiscal deficit between April and August touched Rs 4.35 lakh crore, down from Rs 6.43 lakh crore a year before, thanks to a lower gap earlier in the year when the resource mop-up had remained strong while the government spending was constrained by the general elections.

tariff fixation for existing private terminal operators at ports administered by the central government, officials said. The move is aimed at giving flexibility to private operators in deciding tariffs. As per the tariff migration guidelines being firmed up, all public-private partnership (PPP) concessionaires will be allowed to frame their own Scale of Rates (SoR) and shift to market-based tariffs, a government official told ET. «This will usher in a level playing field among public-private partnership terminal operators that have been adhering to multiple tariff regimes,» the official said.

BookMyShow parent Big Tree Entertainment, Anil Makhija, appeared before the Mumbai Police's Economic Offences Wing (EOW) Monday over a petition alleging irregularities in the sale of tickets for British band Coldplay's upcoming India tour. The Mumbai Police are making a preliminary enquiry after a city-based lawyer lodged a complaint with the EOW against the event's ticketing agent BookMyShow, organiser Live Nation Entertainment and their top management, accusing them of using ticket bots to manipulate the ticketing process. Ordinarily, an FIR is registered if a preliminary enquiry concludes a cognisance offence. Otherwise, it is closed for want of actionable evidence.

rape and murder of a 31-year-old resident doctor at RG Kar hospital has revealed «substantial leads». The observation was made by a bench headed by Chief Justice of India (CJI) DY Chandrachud on Monday after perusing the fourth status report submitted in a sealed cover by the federal agency. Refusing to divulge further details of the status report, the Bench said that «substantial leads» have emerged in the investigations pertaining to the rape and murder of the resident doctor and the alleged financial irregularities at the RG Kar Hospital allegedly involving Sandip Ghosh, former principal of the hospital, who was booked by the CBI.

Dr Lal PathLabs, India's largest diagnostic chain, is looking at a potentially large acquisition to increase its foothold in south India. If the asset is of a strategic fit, it could look at a deal size of Rs 3,000 crore-Rs 4,000 crore, said a senior company official. «We have around Rs 1,000 crore (net) cash, we can leverage our balance sheet, we can use our equity, size will not hold us,» said Ved Prakash Goel, group CFO, in an interview to ET. «There are people who are there in the market, the (valuation) expectation is high,» Goel said. Dr Lal is typically looking at assets with Rs 300-400 crore revenue, with the right revenue mix, good quality and governance practices. It has formed an M&A team to evaluate potential acquisition opportunities in the market.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

interest equalisation scheme on pre- and post-shipment rupee export credit for three more months till December 31 to promote the country's outbound shipments. The scheme, which provides exporters interest benefits, ended on September 30. In a trade notice, the Directorate General of Foreign Trade (DGFT) said, «Trade and Industry is hereby informed that the Interest Equalisation Scheme for Pre and Post shipment Rupee Export Credit, which had earlier been extended till September 30, 2024 has been further extended by three months up to December 31, 2024». It also said the fiscal benefits of each MSME, on aggregate, will be restricted to Rs 50 lakh for 2024-25 till December 2024.

Cate Blanchett stars in Disclaimer. It is a new series from Apple TV+. In this psychological thriller, Kevin Kline’s character tries to destroy Blanchett’s life.

Atmanirbhar Bharat' initiative, the Army on Monday signed the eighth procurement contract through the Innovations for Defence Excellence (iDEX) platform. The aim of iDEX is to create an ecosystem to foster innovations and encourage technological development in defence and aerospace by engaging research and development institutes, academia, and industries and providing them funding and other support to carry out R&D which has good potential for future adoption by Indian defence and aerospace organisation. Launched by Prime Minister Narendra Modi on April 12, 2018, during the Defence Expo India, iDEX under the Defence Innovation Organisation has emerged as a front-runner in establishing the right kind of contact with startups and innovators and has gained substantial traction in the defence start-up community, the defence ministry said in a statement. The contract for procurement of 'Generation of Quantum Secure Key (Quantum Key Distribution)' with QuNu Labs was signed in the presence of Lt Gen NC Raja Subramani, Vice Chief of the Army Staff, at the South Block here.

Viksit Bharat' plan, it must face the stark reality of economic inequality, especially in the agricultural sector, where disparities run deep. The farm sector employs nearly 50% of the population, but contributes only 17% to GDP, reflecting a vast divide between smallholders with marginal incomes and a small group of wealthy farmers. Implementing a well-structured taxation policy for affluent farmers is crucial to correcting this imbalance and generating revenue. Farm income is exempt from taxation under Section 10(1) of Income-Tax Act 1961. This provision was designed to shield small and marginal farmers from financial strain. However, exemption has inadvertently allowed wealthy farmers to avoid paying taxes, even though they benefit disproportionately from public infra, subsidies and services compared to small-scale farmers. According to People Research on India's Consumer Economy's (PRICE) ICE 360° survey, there are about 5 mn 'wealthy farmers', each earning over ₹25 lakh annually, with two-thirds of their income coming from agriculture, and the rest from non-farm activities. Though this group represents only 8% of the farming population, they control 28% of the sector's income.

Swachh Bharat Mission launch by participating in the Swachh Bharat Diwas programme on October 2, during which he will launch and lay foundation stones for several projects related to sanitation and cleanliness worth more than Rs 9,600 crore. The Swachh Bharat Diwas programme will showcase India's decade-long sanitation achievements and those in the recently-concluded «Swachhata Hi Seva» campaign. «Marking the completion of 10 years of the launch of one of the most significant mass movements for cleanliness — the Swachh Bharat Mission — Prime Minister Shri Narendra Modi will participate in Swachh Bharat Diwas 2024 programme on the occasion of 155th Gandhi Jayanti on 2nd October at around 10 AM in Vigyan Bhawan, New Delhi,» a statement issued by the Prime Minister's Office (PMO) said. The projects to be launched include those worth more than Rs 6,800 crore aimed at enhancing urban water and sewage systems under AMRUT and AMRUT 2.0, 10 projects worth over Rs 1,550 crore focused on improving water quality and waste management in Ganga basin areas under the National Mission for Clean Ganga and 15 compressed biogas (CBG) plant projects worth more than Rs 1,332 crore under the GOBARdhan scheme.

Mithun Chakraborty has been conferred with the prestigious Dadasaheb Phalke Award, country’s highest recognition in the field of cinema. This was announced by Union Minister for Information and Broadcasting Ashwini Vaishnaw on X earlier today. “Mithun Da’s remarkable cinematic journey inspires generations! Honoured to announce that the Dadasaheb Phalke Selection Jury has decided to award legendary actor, Sh. Mithun Chakraborty Ji for his iconic contribution to Indian Cinema.” Vaishnaw wrote that the award will be presented to Mithun Chakraborty at the 70th National Film Awards ceremony, set to take place on Oct 8, 2024.

Fear in his heart. Fear and he had breakfast together in Lisowski's tea-room. Fear accompanied him to the High School and looked over his shoulder as the boys put their unsuccessful sketches of animals down in front of him, as well as plaster models, covered with black fingerprints, of their sweet little heads. Fear was there when he talked to other teachers during the break periods… and Fear did not leave him even when Helena Jakubowicz, the young sports and philosophy teacher, asked him how his new novel was getting on. Everyone in Poland who understood the first thing about literature, she said, was waiting for it with increasing impatience and interest. Only when Helena Jakubowicz — small, athletic and with a hairy face like a clever female bonobo chimpanzee — put her hand on his arm and pressed it did Fear go away. But as soon as Helena let go, Fear was back....

Max and Warner Bros. have announced the release of an adult animated Halloween special featuring Velma, a character from the Scooby-Doo franchise. The special is titled Velma: This Halloween Needs to Be More Special! It will be available for streaming on October 3.

Gyeongseong Creature lands on Netflix, viewers are left buzzing with excitement, especially after the intriguing post-credits scene in the season finale. While the series, set against the backdrop of historical Korea, has transitioned to the present day, it is evident that the narrative is far from over. The finale not only concluded several ongoing storylines but also left numerous questions unanswered, setting the stage for a potential Gyeongseong Creature Season 3, as per a report by Screenrant.

From a shocking murder to an electrifying intimate scene, the episode promised significant changes ahead for the characters. However, fans are left wondering: does this signify the end of Industry, or can we expect Industry Season 4?

TAFE) is locked in a legal battle with US agricultural machinery manufacturer AGCO Corporation regarding the use of tractor brand Massey Ferguson in India. On Monday, NYSE-listed AGCO ‘terminated’ several agreements with TAFE, including the licence agreement of the Massey Ferguson brand in the Indian subcontinent despite a stay order from the Madras High Court, prompting the Indian company to file a contempt of court petition against the former. The latest development follows more than six decades of a commercial relationship between the two companies that has since turned sour.

Healthcare Providers (NABH) on Monday said around 100 hospitals across India have received digital health accreditation, which was developed to assess the digital maturity of Indian hospitals. A total of 300 hospitals have so far applied for the digital accreditation, implying a good response from the hospitals. “This initiative will streamline healthcare operations, ensuring that hospitals adhere to standardised, high-quality processes,” said Rizwan Koita, chairperson of NABH, speaking on the sidelines of CII Hospital Tech 2024 summit.

Gaurav Taneja, aka Flying Beast, and his wife Ritu Rathee's alleged separation have been circulating on social media recently. Both Gaurav and Ritu have addressed these rumors, emphasizing that their relationship is a private matter between «husband and wife.» However, social media users suggest the couple may be facing challenges. Additionally, an old video of Gaurav discussing the impact of pregnancy on marriage has resurfaced. In it, he mentions that husbands may feel «neglected» as their wives prioritize the baby and notes that extramarital affairs can be common during pregnancy. «When you have a baby as a couple, the husband feels neglected for 2-3 months by the wife. All her time goes to the baby,» the YouTuber is heard saying in the video.

Ashton Kutcher and Mila Kunis, sources swiftly cleared the air. A few years back, Ashton Kutcher and Mila Kunis were the epitome of the Hollywood couple, and everyone adored their antics. But in 2023 and 2024, they found themselves embroiled in a number of controversies, including Kutcher's friendship with the imprisoned P. Diddy and his support of convicted rapist Danny Masterson. This, along with fresh images of them working apart, led many to speculate that a breakup was imminent. It has been reported that the rumours are absolutely ridiculous and false.

Hellboy: The Crooked Man, the fourth installment in the Hellboy franchise, will be available on VOD in the U.S. on October 7, 2024. While the movie will not be released in U.S. theaters, it is set to hit UK cinemas on September 27, 2024. Fans in the U.S. can pre-order it on Amazon Prime Video.