Raghuram Rajan, former governor, Reserve Bank of India “There is a...
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Above average monsoon to boost agriculture and overall economic growth: IMD
"Conditions favourable for onset of monsoon over Kerala in next 5...
Remal weakens into cyclonic storm, expected to move northeastwards: IMD
Scenes of widespread devastation were evident across West Bengal's...
IRDA asks general & health insurers to launch “standard travel product’’ from April 1, 2021
This standard travel product can be launched without prior approval of the IRDAI and will have common benefits and policy wordings across the industry.
MHA issues fresh Covid-19 guidelines over UK virus variant, says need to be vigilant
“Strict vigil is also needed to be maintained to prevent any fresh surge in cases in wake of upcoming New Year celebrations and ongoing winter season which are favourable for the spread of the virus. In this regard, appropriate measures may be taken by the state and UT governments,” it said on Monday.
LIC sells 2% stake in pvt lender ICICI Bank via open market transactions
The insurer sold 13.8 crore shares, representing 2.002 per cent stake of ICICI Bank, over a period of November 27 to December 24, 2020, the bank said in a regulatory filing.
Following the stake sale, LIC’s holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier, it said.
Farmers’ protest: Over 1,500 telecom towers damaged in Punjab, services hit
Videos of Jio employees being threatened and made to flee have gone viral.
The attacks have impacted telecom services and operators are struggling to maintain services in absence of action by law enforcement agencies, the source said.
Retail auto sales weak in December due to lower discounts, farmers protest: Report
In the commercial vehicles space, it said the light commercial and intermediate commercial vehicle (LCV/ICV) segment is gaining momentum driven by demand for last-mile connectivity and rural demand.
It said that retail sales are expected to continue under pressure in the near-term owing to increase in vehicle prices and exhaustion in pent up demand.
Tesla to start operations in India next year
The first model to be launched will be Model 3, the cheapest among Tesla vehicles, with prices starting at over $74,739 (5.5 million Indian rupees),
Chief Executive Officer Elon Musk on Sunday confirmed India foray in 2021 in a reply on, but said it would not happen in January.
Cyber crime has cost Russia $49 billion in 2020, Sberbank says
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Stanislav Kuznetsov, Sberbank’s deputy chairman, who oversees security and services, told Reuters private business and ordinary Russians were the main targets of cyber attacks, as the state security services are better protected.
“The private sector is the most vulnerable: everything from the clients’ accounts to financial data and tender documents are targeted: there are 2.3 million darknet accounts operating in Russian and offering the stolen data,” he said.
Factbox-Brexit and the City of London: what changes and when
For now, no. London still has a towering lead over rivals Frankfurt, Milan and Paris when it comes to trading stocks, currencies and derivatives and playing host to asset managers.
Financial firms say shifting more capital out of London than is necessary under Brexit would cause unnecessary and costly market fragmentation.
But in the longer term, if the EU takes a tough line on equivalence and its financial centers reach a critical mass in trading key asset classes, the attractions of London as a financial hub would diminish.
Spain to keep registry of people who refuse Covid vaccine
“What will be done is a registry, which will be shared with our European partners… of those people who have been offered it and have simply rejected it,” he said.
“It is not a document which will be made public and it will be done with the utmost respect for data protection,” he added, noting that employers or members of the general public would not have access to it.
Over 4.15 cr ITRs for fiscal 2019-20 filed till Dec 26
”More than 4.15 crore Income Tax Returns for AY 2020-21 have already been filed till 26th of December, 2020. Hope you have filed yours too!,” the department tweeted.
This includes over 2.34 crore taxpayers filing ITR-1, over 89.89 lakh filing ITR-4, over 49.72 lakh ITR-3 and over 30.36 lakh filing ITR-2.