With the adoption of new technology, it said, the risks of...
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CCI clears Hinduja group owned entities’ acquisition of controlling stake in Reliance Capital
Reliance Capital's subsidiaries and associates are engaged in...
Indian general insurers see record underwriting losses of Rs31,810 crore in Fy 2022-23, PSU general insurers shut 1,148 offices
The public sector insurers' underwriting losses, with OIC's largest...
India sees dramatic rise in cyber attacks post-Kashmir decision
“India needs to be more careful when it comes to the security of their websites and critical infrastructure, especially when there are cyber attackers that are ready to exploit our vulnerabilities in the name of cyberwar between countries,” the Kaspersky executive cautioned.
Task force on Direct Tax Code submits report to FM Sitharaman
The task force was assigned to draft direct tax laws in line with the norms prevalent in other countries, incorporating international best practices, and keeping in mind the economic needs of the country.The proposals in the draft code are aimed at bringing more certainty to taxation of personal and corporate income and capital gains, and at bringing the gist of numerous judicial pronouncements made since 1961, when the current tax law came into force, in one place for easy reference. It could improve ease of doing business and reduce the compliance burden as well as tax disputes.
Foreign investors pull out Rs 8,319 cr in Aug amid trade worries, FPI tax
So far in August, FPIs have been net sellers for nine out of 10 trading sessions, indicating “extreme negative sentiment”, Himanshu Srivastava, senior analyst manager research at Morningstar said.
Security beefed up in Karnataka as high alert continues over terror threat
There was intelligence input that a group of terrorists was planning to create terror and panic in the country, the sources said. Security has been strengthened at all important installations and public places such as bus stands, railway stations, temples, markets, malls and government offices.
Govt mulling options to enforce ban on e-cigarettes, nicotine flavoured hookahs
Banning such alternative smoking devices like e-cigarettes, heat-not-burn devices, vape and e-nicotine flavoured hookah, among others is one of the priorities of the Health Ministry as part of the first 100 days agenda of the second term of the Modi government.
Maruti seeks tax relief for hybrid, CNG cars
“Personally we would like to see GST benefits linked to greener/cleaner cars. The Government gave tax cut on EVs but hybrid should be given duty cut. There should be tax cut on CNG vehicles as well,” he told a news channel.
IRDA pulls up Bharti AXA General Insurance on furning wrong data
Taking into consideration the submissions by the company to the IRDAI, the regulator has warned the company to be careful in future while furnishing data to it.`The insurer is hereby advised to put in place proper checks for furnishing correct data and is also directed to ensure compliance with the extant applicable regulatory provisions hereafter, added IRDAI
Health remains key challenge in India’s development: Ram Nath Kovind
“We are challenged by the triple burden of communicable, non-communicable and new and emerging diseases. Lack of access to health services, malnutrition and neglected tropical diseases place severe constraints on us. Our Government remains committed to tackle these through the flagship Ayushmaan Bharat programme and other health missions. Our problems are complex and intertwined with our larger socio-economic challenges,” he said while addressing a gathering on the occasion of the golden jubilee celebrations of the Mahatma Gandhi Institute of Medical Sciences (MGIMS) here.
Floods: Death toll rises to 163 in Kerala and Karnataka; Rains continue in Kerala
Meanwhile, the Karnataka government on August 14 transferred Rs 2,000 to each of the bank account of one lakh farmers as part of its announcement to provide additional financial assistance from the state to the beneficiaries of the Pradhan Mantri Kisan Samman Nidhi Scheme.
Centre will invest Rs 100 lakh cr on infra, $5 trillion economy target achievable: PM Modi
“To some the target of nearly doubling the size of Indian economy to $5 trillion in five years may seem difficult. But when we have in five years (of BJP rule) added $1 trillion as compared to $2 trillion size achieved in 70 years of independence, then this target is achievable,” Indian PM said.