WhatsApp Financial News

22.06 / 15:01
Manufacturing WhatsApp Research electronic testing Indian Navy to order four Made-in-India Tapas drones from DRDO
made-in-India weapon systems, the Indian Navy is set to place an order for four Tapas drones built in India by the DRDO. The Indian Navy intends to use the drones developed by Defence Research and Development Organisation for surveillance over the maritime zone. «The Indian Navy is going to order four Tapas drones and it is going to use them for maritime surveillance operations,» defence officials told ANI.
22.06 / 13:55
WhatsApp Death Trade Justice reports Investigations Kallakurichi Hooch Tragedy: Police nab supplier behind deadly liquor in Tamil Nadu
Kallakurichi Hooch Tragedy: The police have arrested Chinnadurai, a key suspect in the toxic liquor tragedy in Tamil Nadu's Kallakurichi, reports say. He is believed to have supplied the deadly liquor to Karunapuram, the village where over 55 residents have died due to its consumption.
22.06 / 13:55
Manufacturing Gap WhatsApp reports recommendations GST council refers Par panel recos to cut GST on fertiliser to Group of Ministers
Andhra Pradesh Finance Minister P Keshav on Saturday said the GST council has referred a recommendation on exempting the fertiliser sector from the current 5 per cent GST to the Group of Ministers on rate rationalisation. The council discussed the recommendations made by the Standing Committee on Chemicals and Fertilisers in February to reduce GST on nutrients and raw materials in the interest of fertiliser manufacturing companies and farmers. Currently, GST at a 5 per cent rate is charged on fertilisers, while raw materials like Sulphuric Acid and Ammonia face a higher GST at 18 per cent. Talking to reporters after the 53rd GST council meeting, Keshav said the proposal to reduce the GST rate on fertilisers has been referred to the Group of Ministers (GoM).
22.06 / 12:07
Citi Reuters WhatsApp Refugees Israeli strikes kill at least 42 in Gaza, enclave's government media office says
Gaza City in the north of the Palestinian enclave on Saturday, the director of the Hamas-run government media office said. One Israeli strike on houses in Al-Shati, one of the Gaza Strip's eight historic refugee camps, killed 24 people, Ismail Al-Thawabta told Reuters. Another 18 Palestinians were killed in a strike on houses in the Al-Tuffah neighborhood. The Israeli military released a brief statement saying: «A short while ago, IDF fighter jets struck two Hamas military infrastructure sites in the area of Gaza City.»
22.06 / 11:23
UPS Target WhatsApp Trade reports testing RVNL wins Rs 191.53 crore contract from the South Eastern Railway
Rail Vikas Nigam Limited (RVNL) has won a contract worth Rs 191.53 crore from the South Eastern Railway, the PSU said in its exchange filing on June 21. The PSU will handle the design, supply, installation, testing, and commissioning of a 132 KV traction substation and related posts on the Raj Khaswan, Nayagarh-Bolsection to support a 3000MT loading target. The project must be completed in 18 months. «Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from SER HQ-ELECTRICAL/SOUTH EASTERN RAILWAY for 'Design, Supply, Erection, Testing & Commissioning of 132 KV Traction Substation, Sectioning post (SPs), and Sub sectioning post (SSPs) in 2x25KV System on Rajkhaswan- Nayagarh-Bolani section of Chakradharpur division of South Eastern Railway to meet 3000MT loading target on EPC mode,» the Rail sector PSU said.
22.06 / 11:23
FIVE WhatsApp Courts UAPA tribunal confirms ban on Tehreek-e-Hurriyat, Muslim League J&K faction
Muslim League Jammu Kashmir (Masarat Alam faction) and Tehreek-e-Hurriyat, Jammu and Kashmir. The one-member tribunal of Delhi High Court judge Sachin Datta was constituted under the stringent anti-terror law in January to assess whether there was «sufficient cause» behind the imposition of the ban. The Muslim League Jammu Kashmir (Masarat Alam faction) was declared outlawed for five years by the government under the UAPA on December 27, 2023 on account of being involved in anti-national and secessionist activities in the Union Territory. Founded by deceased separatist leader Syed Ali Shah Geelani, the Tehreek-e-Hurriyat was declared outlawed for five years on December 31, 2023. The organisation was banned for fomenting terrorism and spreading anti-India propaganda in Jammu and Kashmir.
22.06 / 11:23
Provident security WhatsApp information reports rights Inox Green Energy Services board to meet on 26 June; to consider fundraise options
Inox Green Energy Services Limited, a major wind power operation and maintenance service provider, will schedule a board meeting on June 26 to consider a proposal for raising of funds, the company said in a regulatory filing. «We wish to inform you that a meeting of the Board of Directors of Inox Green Energy Services Limited is scheduled to be held on Wednesday, 26 June to consider the proposal for raising of funds by way of issuance of one or more securities including equity shares, convertible securities of any description or warrants, through preferential issue, private placement, rights issue or any other methods or combination thereof as may be permitted under applicable laws,» the company said.
22.06 / 11:23
WhatsApp Actor Courts Renukaswamy murder case: Karnataka court remands actor Darshan to judicial custody till July 4
Darshan Thoogudeepa to judicial custody in the Renukaswamy murder case till July 4. His four alleged accomplices Vinay, Pradosh and Dhanaraj too were sent to judicial custody. The actor was in the police custody since June 11.
22.06 / 09:37
FIVE Extreme Action Election WhatsApp Tata Steel may shut blast furnaces in UK earlier amid strike by workers
Tata Steel Ltd may shut down its blast furnaces in the UK earlier than what it had initially planned amid a certain section of its workers planning an indefinite strike to protest against 2,800 job losses. Tata Steel, which has the capacity to produce 3 million tonne of steel each year in UK, plans to shut down one blast furnace at the end of the month, while the second one is scheduled to be closed at the end of September. “Our existing steelmaking assets are near the end of their life, are operationally unstable and causing unsustainable losses of £1 million a day,” Tata Steel said in a statement.
22.06 / 09:37
Election WhatsApp President performer Three Opposition MPs on panel to assist pro tem Speaker considering declining position: Sources
pro tem Speaker are considering not accepting the positions, a source said on Saturday. The development comes amid opposition parties objecting to the appointment of Bhartruhari Mahtab as the pro tem Speaker. Mahtab, a BJP member from Cuttack, Odisha was appointed as pro tem Speaker by President Droupadi Murmu under Article 95(1) of the Constitution to perform the duties of the Lok Sabha presiding officer till the election of the Speaker on June 26. A panel of chairpersons was also announced to assist the pro tem Speaker during the special session of Parliament for members of the new Lok Sabha to take oath.
22.06 / 09:37
Citi WhatsApp show Inside social Schools Videos School van driver arrested after two girls fall off, injured in Vadodara
arrested the driver of a school van after two girls fell off the vehicle and suffered injuries in Gujarat's Vadodara city, an official said on Saturday. The incident, which took place on the afternoon of June 19, was caught on a CCTV camera, and the footage went viral on social media, triggering public outrage. Pranav Kataria, assistant commissioner of police, Vadodara, said the CCTV video was recovered from a residential society in the city's Tarsali Road locality. It showed two girls in uniform being thrown out of the van along with their school bags. «In the video, two girls are seen falling off the school van on a road inside a residential society. The van driver seen in the video, Prateek Padhiyar, has been rounded up,» Kataria said.
22.06 / 08:35
Provident Digital security WhatsApp Research Universities prevention Government can take control of all telecom networks in times of emergency under new Telecom Act
central government will be able to take control of any telecommunications services or networks in times of emergency after the implementation of the Telecommunications Act 2023, which will be effective on June 26. The Centre, though partially, notified the Telecommunications Act on Friday to be effective from June 26, and provisions including sections 1, 2, 10, and 30 will be in place. «The Central government hereby appoints the 26th day of June 2024, as the date on which the provisions of sections 1, 2, 10 to 30, 42 to 44, 46, 47, 50 to 58, 61 and 62 of the said Act shall come into force,» the Gazette notification said.
22.06 / 08:35
UPS Booking WhatsApp President show Kanchanjunga Express accident: ECR suspends issuing of T/A 912, directs drivers to maintain caution
East Central Railway has directed station masters in its area not to issue the note that authorises train drivers to cross signals in case of failure of the automatic signalling system, days after the Kanchanjunga Express-goods train collision in another zone killed 10 people. The decision to suspended the issuing of the T/A 912 written authority letter was taken at a safety meeting of the East Central Railway (ECR), according to a circular issued by the zone on June 21. On June 17, the goods train rammed into the passenger train in West Bengal's Darjeeling District that falls under the Northeast Frontier Railway zone. Drivers of both trains had been issued the T/A 912 as the automatic signalling on the Ranipatra station-Chattar Hat Junction was «defective», officials had said. While the Railway Board in its initial response had said the now-deceased goods train was over-speeding, driver unions have claimed there is no speed restrictions mentioned on the note and its member was not at fault.
22.06 / 08:35
BLOCK WhatsApp Department First Cabinet meeting of new Andhra Pradesh govt on June 24
NDA government in Andhra Pradesh, headed by Chief Minister N Chandrababu Naidu, is scheduled on June 24. The NDA government comprises TDP, BJP and Janasena. The Cabinet meeting is scheduled to commence at 10 am on Monday in the first block of the Secretariat, said an official release on Saturday, quoting Chief Secretary Neerabh Kumar Prasad. The Chief Secretary on Friday directed all the departments to submit their agenda for the Cabinet meeting.
22.06 / 08:07
FIVE WhatsApp Courts Videos Swati Maliwal assault case: Court extends Bibhav Kumar's judicial custody till July 6
Delhi court on Saturday extended till July 6 the judicial custody of Chief Minister Arvind Kejriwal's aide Bibhav Kumar. Kumar is accused of assaulting AAP Rajya Sabha MP Swati Maliwal on May 13 at the chief minister's official residence. Kumar was produced through video conferencing before Metropolitan Magistrate Gaurav Goyal who extended his judicial custody till July 6.
22.06 / 07:33
Election WhatsApp Southern recommendations TDP's Ayyannapatrudu unanimously elected Speaker of Andhra Assembly
Ayyannapatrudu was elected unanimously as the Speaker of the 16th Andhra Pradesh Legislative Assembly on Saturday. Addressing the Assembly, Pro-tem Speaker and TDP's Rajahmundry Rural MLA G Butchaiah Chowdary said that Janasena chief Pawan Kalyan, TDP general secretary Nara Lokesh and BJP's Staya Kumar Yadava made three proposals on behalf of Ayyannapatrudu for the Speaker's post. «As Ayyannapatrudu was the only person who filed the nomination, I declare that he has been elected as the Speaker unanimously. I extend my wholehearted congratulations to Ayyannapatrudu and request him to ascend the Speaker's chair,» said the Pro-tem Speaker. Ayyannapatrudu's election was a mere formality as no other MLA filed a nomination to challenge him.
22.06 / 05:11
Manufacturing WhatsApp Death hospital information Two killed in Gurugram fireball manufacturing factory explosion
fireball manufacturing factory in Daulatabad Industrial Area of Gurugram, officials said. The incident occurred on Friday late at night.
22.06 / 05:11
Aware Action WhatsApp Death hospital Tamil Nadu: Illicit liquor seized in Trichy, days after Kallakurichi Hooch tragedy
Tiruchirappalli (Tamil Nadu) [India], June 22 (ANI): In the wake of the deaths in Kallakurichi in Tamil Nadu in which 50 people died, 250 liters of illicit liquor were seized and disposed off in the state's Tiruchirapalli district. The action was taken by Tiruchirapalli District Collector, Pradeep Kumar and Superintendent of Police, Varun Kumar, based on intelligence input on Friday night, police said The district Collector Pradeep Kumar spoke with locals and made them aware of the harmful effects of illicit liquor. He also made them take an oath that they would not consume illicit liquor.
22.06 / 05:11
markets COST Align Sustainability WhatsApp social Budget 2024: What is a Populist Budget and why is it controversial?
populist budget is a fiscal plan tailored to resonate with the general public by offering immediate benefits or addressing popular concerns through measures like tax cuts, increased social spending, or subsidies. Examples include farm loan waivers, higher crop prices, and tax reductions above lower brackets. While «populist» isn't inherently negative, such budgets draw criticism for prioritizing short-term gains over long-term stability. They can lead to unsustainable fiscal policies, increasing deficits and national debt. Critics argue they're often crafted for political expediency, aimed at gaining votes rather than sound economic management. Promises made can be unrealistic, lacking clear funding mechanisms, posing future financial challenges. Financial markets may react adversely to perceived fiscal irresponsibility, raising government borrowing costs and undermining currency value. Inflation risks rise from measures like monetary expansion or subsidies, eroding purchasing power and economic stability. Benefits may disproportionately favor certain groups, deepening social and economic disparities.
22.06 / 05:11
markets economy Align WhatsApp community International Destinations Budget 2024: What is Dividend Distribution Tax? Know How it will abolition impact the Indian economy?
Dividend Distribution Tax (DDT) underwent significant changes in India with the abolition of DDT in the 2020-21 Budget. Traditionally, dividends are payments made by companies to shareholders from their profits. DDT, introduced in the Finance Act of 1997, was a tax levied on these dividends distributed by domestic companies, irrespective of their income tax obligations on those profits. The decision to abolish DDT marked a substantial shift in tax policy. Previously, DDT imposed a burden directly on companies, reducing the amount of dividends received by shareholders. Post-abolition, Finance Minister Nirmala Sitharaman announced that dividends would now be taxed in the hands of the shareholders themselves. This change aimed to streamline the taxation process, making it more transparent and aligning it with international norms where dividends are typically taxed at the individual level. The economic implications of abolishing DDT were widely anticipated. By removing this tax, Indian equities were expected to become more attractive to investors. The move was seen as potentially boosting market sentiment and encouraging companies to reinvest profits back into the economy. This reinvestment could stimulate economic growth and create employment opportunities. Moreover, the abolition of DDT was expected to make India a more appealing destination for foreign investors, potentially leading to increased Foreign Direct Investment (FDI).
22.06 / 03:13
Citi WhatsApp President show reports US aircraft carrier arrives in South Korea for military drills, report says
South Korea's port city of Busan on Saturday for joint military exercises this month with the host nation and Japan, the Yonhap news agency said. The leaders of the three nations agreed at a Camp David summit in August 2023 to hold annual military training drills as they condemned China's «dangerous and aggressive behaviour» in the disputed waterway of the South China Sea. Russian President Vladimir Putin visited North Korea this week for the first time in 24 years and signed a deal with leader Kim Jong Un that included a mutual defence pledge.

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