WhatsApp Financial News
31.03 / 17:49
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Bank of India receives Rs 1,128 cr tax demand order
Bank of India on Sunday announced that it has been issued a demand notice totaling Rs 1,127.72 crore by the Income Tax Department's Assessment Unit, pertaining to the assessment year 2016-17. The Bank has received a demand notice under section 156 of the Income Tax Act, 1961, pertaining to the annual year (AY) 2016- 17 wherein certain disallowances have been made, it said in an exchange filing. According to the exchange filing the Bank is in the process of filing an appeal before the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC) against the said order within the prescribed timelines.
31.03 / 16:43
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Senior IPS officer Sadanand Vasant Date, 26/11 hero, takes over as NIA chief
Sadanand Vasant Date, who bravely fought terrorists during the 26/11 Mumbai attack, on Sunday took over the reins of the National Investigation Agency (NIA), according to an official statement. Date, a 1990 batch Indian Police Service officer of Maharashtra cadre, succeeded Dinkar Gupta, who superannuated on Sunday. Before joining the NIA, Date was serving as the chief of Anti-Terrorism Squad (ATS) in Maharashtra. He has held several important positions in Maharashtra, including thoseof Police Commissioner of Mira-Bhayandar Vasai-Virar, Joint Commissioner Law and order, and Joint Commissioner Crime Branch Mumbai, said the statement issued by the NIA.
31.03 / 16:43
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Maharashtra govt maintains status quo on property ready reckoner rates
Maharashtra has decided not to make any changes to ready reckoner rates for the financial year 2024-25. The rates--minimum per sq ft value set by the government used for calculation of taxes, premiums, etc--were last changed in 2022. The government of Maharashtra has fetched revenue worth nearly Rs 36,000 crore through stamp duty collection and registration charges in the financial year 2023-24. Realty developers expect the state government’s decision to maintain status quo on ready reckoner rates will support the sector, especially the affordable housing segment.
31.03 / 15:57
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Recognition of his contribution to country's progress: PM Modi on Bharat Ratna to Advani
: Prime Minister Narendra Modi on Sunday said the conferment of the Bharat Ratna on BJP stalwart L K Advani is a recognition of his enduring contributions to the nation's progress. President Murmu conferred the Bharat Ratna, the country's highest civilian honour, on former deputy prime minister Advani at his residence here earlier on Sunday. Modi sat next to Advani as the President honoured the veteran leader. Besides Modi, Vice President Jagdeep Dhankhar, Defence Minister Rajnath Singh, Home Minister Amit Shah and Advani's family members attended the ceremony.
31.03 / 15:57
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Guwahati airport hit by heavy rain, part of ceiling collapses
heavy rain a part of ceiling outside the Lokpriya Gopinath Bordoloi International Airport in Guwahati collapsed. Rain waters were gushing through the ceiling of the airport. Sources said there was no injuries. Trees were uprooted and approach road to airport was closed. India Meteorological Department (IMD) forecasted that thunderstorms with lightning and moderate to heavy rainfall are likely to lash Assam along with other northeastern states till April 4.
31.03 / 15:57
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Lok Sabha Polls: EC reports seizure of Rs 140 crore worth of goods and Rs 7 crore cash in West Bengal
Gold, alcohol, drugs and other goods worth around Rs 140 crore were seized in addition to Rs 7 crore cash in West Bengal till date after announcement of Lok Sabha polls last month, according to EC. The Election Commission has declared six Lok Sabha constituencies in West Bengal as 'financially sensitive'. The EC has seized 12.7 lakh litres of alcohol worth Rs 33.86 crore and drugs weighing around 3.5 kg worth Rs 18.28 crore have been seized," people in the know said. The Commission seized the gold worth Rs 27.32 crore during this period.
31.03 / 15:57
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NTPC logs highest-ever power generation of 422 bn units in FY24
NTPC on Sunday said it has logged an all-time high annual electricity generation of 422 billion units in 2023-24. During 2023-24, the NTPC coal stations recorded a plant load factor (PLF, or capacity utilisation) of 77 per cent, NTPC said in a statement. According to the statement, NTPC Ltd, India's largest power generating company, recorded its highest-ever yearly generation of 422 billion units in 2023-24, registering a growth of nearly 6 per cent over 2022-23. The company had on September 1, 2023 recorded the highest-ever single-day generation of 1,428 million units.
31.03 / 14:09
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Message of Lord Ram's life is power not permanent, arrogance gets shattered: Priyanka Gandhi Vadra to PM Modi
Narendra Modi, Congress leader Priyanka Gandhi Vadra Sunday said she would like to tell him that the message of Lord Ram's life is that power is not permanent and arrogance gets shattered. In her remarks before reading out the INDIA bloc's demands at a rally at the Ramlila Maidan here, Priyanka Gandhi said, «I have been coming to the Ramlila Maidan since childhood. Every year Ravan's effigy is burnt.» «When I was a kid, I used to come (here) with my grandmother Indira Gandhi Ji. She used to narrate Ram's 'jeevan gaatha' to me. Those in power today call themselves Ram bhakts. When I was sitting here, I thought that I should say something to them in this context,» the Congress general secretary said. Priyanka Gandhi said she thinks that those in power today are besotted with showoff and she wants to remind them of the thousands of years old tale and its message.
31.03 / 14:09
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Interviews
France to deliver hundreds of armoured vehicles to Ukraine, defence minister says
Sebastien Lecornu said France is to deliver «hundreds» of armoured vehicles by the beginning of next year to Ukraine as part of a new package of military aid for the country that just entered its third year since the Russian invasion. In an interview with the French newspaper La Tribune's Sunday edition, Lecornu said that «to hold such an extensive front line, the Ukrainian army needs, for example, our armoured personnel carriers. It's absolutely key for troop mobility». The French military is currently replacing its old VAB armoured personnel carriers that started being used in 1979 by a new generation of armoured vehicles. «This old equipment, still operational, is going directly to Ukraine in large quantities. We're talking about hundreds (of vehicles) in 2024 and early 2025,» Lecornu said. Lecornu also said France will provide Ukraine with more anti-aircraft missiles.
31.03 / 13:41
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Ex speaker of Manipur Irengbam Hemochandra Singh quits Congress
Manipur Minister and ex-Speaker of the Manipur assembly, Irengbam Hemochandra Singh, resigned from the Congress party on Sunday. Hemochandra Singh, a five-time MLA from Singjamei, submitted his resignation letter to state Congress President Keisham Meghachandra Singh, citing his «complete lack of faith and confidence» in the party. “I took this decision with a heavy heart. The Congress has no relevance in Manipur," he told the media, describing the party as «rudderless and a sinking ship».
31.03 / 13:13
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Advani's life full of sacrifice, tenacity, dedication: Amit Shah
Amit Shah on Sunday said former deputy prime minister L K Advani remained selflessly dedicated to national welfare and social upliftment throughout his life. Expressing happiness over the BJP patriarch being conferred with Bharat Ratna, Shah also said that Advani's life is «full of sacrifice, tenacity and dedication» and is an «unlimited source» of strength and inspiration to crores of people. «Today, being a witness to this historical moment, I am both happy and emotional. Honourable Shri LK Advani being honoured with 'Bharat Ratna' by Honourable President Smt. Droupadi Murmu is a proud moment for all of us. »Advani remained selflessly dedicated to national welfare and social upliftment throughout his life," he wrote on 'X' in Hindi.
31.03 / 13:13
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Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5
Reliance Industries, marginally to USD 9.87 per million British thermal unit in line with softening of benchmark international gas prices, an official notification said. However, the price of gas that is used for making CNG for fuelling automobiles or piping to household kitchens for cooking purposes will remain unchanged due to a price cap that is set at 30 per cent less than market rates such as that paid to Reliance. For the six-month period starting April 1, the price of gas from deepsea and high-pressure, high-temperature (HPTP) areas has been cut to USD 9.87 per mmBtu from USD 9.96, oil ministry's Petroleum Planning and Analysis Cell (PPAC) said in a notification. This is the third straight bi-annual reduction in rates for difficult fields. Price was for six months beginning October 1, 2023 slashed 18 per cent to USD 9.96 per mmBtu from USD 12.12 for the April to September 2023 period. Prior to that, the rate was a record USD 12.46 for October 2022 to March 2023.
31.03 / 13:13
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Easter Sunday 2024: Here’s when Home Depot will remain open | Store hours
Easter Sunday’s arrival, many individuals contemplate whether major retailers like Home Depot will keep their doors open for business. With the holiday often involving last-minute preparations and errands, knowing if Home Depot will be accessible becomes crucial for those in need of household essentials or DIY supplies.
31.03 / 13:13
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Battle for Baramati a BJP ploy to 'finish off' Sharad Pawar: Supriya Sule
Supriya Sule claimed on Sunday that the fight between her and her sister-in-law Sunetra Pawar in Baramati constituency is a design of the BJP to politically finish off NCP founder Sharad Pawar. Sule said the intra-family duel in the Lok Sabha polls will not waver her respect for Sunetra Pawar as she is her «elder brother's wife and like a mother». Baramati, the home turf of Sharad Pawar, is set for a high-profile battle after the Nationalist Congress Party (NCP) on Saturday fielded Sunetra Pawar, wife of Maharashtra Deputy Chief Minister Ajit Pawar, against Sule. The NCP (SP) has fielded three-term MP and Sharad Pawar's daughter Sule in the constituency.
31.03 / 11:35
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KCR's vehicle searched by election officials: BRS
election officials on Sunday searched the bus in which former Telangana Chief Minister and BRS supremo K Chandrasekhar Rao was traveling during his visit to Suryapet district, about 170 km from Hyderabad. Telangana will vote for the upcoming Lok Sabha polls on May 13 for which the Model Code Conduct (MCC) is currently in place. According to sources in the BRS, Rao was on his way to Suryapet as part of his tour to inspect agricultural fields which are allegedly facing drought-like conditions.
31.03 / 10:59
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SC to hear on April 1 Gyanvapi committee's plea against allowing puja in cellar
Supreme Court is scheduled to hear on April 1 a Gyanvapi mosque management committee's plea against an Allahabad High Court decision upholding a lower court's order allowing Hindu prayers in the southern cellar of the mosque. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will hear the plea of Anjuman Intezamia Masajid Committee, which manages the affairs of the Gyanvapi mosque in Varanasi, challenging the HC's February 26 decision. The high court had dismissed the committee's plea in which it had challenged the district court's January 31 order allowing Hindus to offer prayers in the cellar. While dismissing the plea of the mosque committee on February 26, the high court had observed that the Uttar Pradesh government's 1993 decision of stopping worship rituals inside the "Vyas Tehkhana" — located at the southern cellar of the Gyanvapi — was «illegal».
31.03 / 10:17
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Trust Fintech IPO allotment likely tomorrow: Check status, listing date, GMP and other details
Trust Fintech IPO allotment by logging in to the official website of the registrar, which is Bigshare Services in this case. Follow the step-by-step process mentioned below to check the status of the allotment.
31.03 / 10:07
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NTPC permanently closed 220 MW Barauni Stage-I project
NTPC has closed down its Barauni Thermal Power Station Stage-I of 220 MW permanently. NTPC is India's largest power utility with a total installed capacity of 75,418 MW (including JVs), according to its official website. «Operation of NTPC Barauni Thermal Power Station Stage-I (2x110 MW) comprising of two Units (Unit 6 & 7) of 110 MW each (along with all Auxiliary systems except CHP, Switchyard, Ash Dyke and Township) shall be permanently discontinued w.e.f. 31st March 2024,» a regulatory filing said on Saturday. Established in 1975, NTPC aims to become a 130 GW firm by 2032.
31.03 / 09:11
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Lok Sabha polls: BJP fields Damodar Agarwal from Rajasthan's Bhilwara constituency
BJP) on Sunday announced the name of Damodar Agarwal as its candidate from the Bhilwara constituency in Rajasthan for the upcoming 2024 Lok Sabha elections. Damodar Agarwal has replaced the sitting BJP MP Subhash Chandra Baheria. The Congress has fielded CP Joshi for the seat. Earlier, the BJP has fielded Kanhaiya Lal Meena from the Dausa constituency, while Indu Devi Jatav has been fielded from Karauli-Dholpur. Manju Sharma has been fielded from Jaipur, Mahima Vishweswar Singh from Rajsamand, Bhagirath Chaudhary from Ajmer, Rao Rajendra Singh from Jaipur Rural, Shubkaran Choudhary from Jhunjhunu and Priyanka Balan from Ganganagar in the state.
31.03 / 09:11
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Thackeray claims India moving towards autocracy, appeals people to throw out BJP
Shiv Sena (UBT) chief Uddhav Thackeray, at the INDIA bloc rally here on Sunday, claimed the country was moving towards becoming an «autocracy» as he appealed to people of the country to throw the BJP out of power. Addressing the INDIA bloc's rally at the Ramlila Maidan, he hit out at the BJP and said, «We are not here for an election campaign, we are here to save democracy… you level allegations and send people to jail. What kind of government is this?» he said. «When two of our sisters are fighting, how can the brother stay behind? So we are here for our sisters, Kalpana ji and Sunita ji. Not just us, the whole country is with you,» Thackeray said, referring to former Jharkhand chief minister Hemant Soren's wife Kalpana Soren and Delhi Chief Minister Arvind Kejriwal's wife Sunita Kejriwal. Both Arvind Kejriwal and Hemant Soren have been arrested by federal agencies in different cases of corruption.
31.03 / 09:11
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Challenge BJP to cross even 200 seats; won't allow CAA in Bengal: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Sunday mocked the BJP's target of winning 400-plus seats in the Lok Sabha polls and challenged the saffron camp to win at least 200 constituencies. Banerjee also asserted that she won't allow the implementation of the Citizenship Amendment Act in the state. She cautioned people that applying for CAA would turn an applicant into a foreigner and urged them not to apply for it. «The BJP is saying „400 paar“, I challenge them to cross the 200 seats benchmark first. In 2021 assembly polls, they gave a call of 200 plus seats but had to stop at 77,» she said.
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