SC deprecates non-appearance of Tamil Nadu DMs before ED, terms it ‘cavalier approach’
New Delhi: The Supreme Court on Tuesday strongly deprecated the non-appearance of five district collectors of Tamil Nadu before the Enforcement Directorate in connection with an ongoing money laundering probe related to alleged illegal sand mining, despite the court’s order. It directed the officials to appear before the ED personally on April 25 saying failure […]
Ceiling on net borrowing: SC refers Kerala govt’s suit to five-judge Constitution bench
New Delhi: The Supreme Court on Monday referred to a five-judge Constitution bench the suit filed by the Kerala government raising the issue of ceiling on net borrowing. A bench of justices Surya Kant and K V Viswanathan passed the order on a suit filed by the Kerala government accusing the Centre of interfering in […]
Gold surges by Rs 1,070 to all-time high of Rs 68,420 per 10 grams in Delhi
New Delhi: Gold prices surged by Rs 1,070 to hit an all-time high of Rs 68,420 per 10 grams in the national capital on Monday amid a rally in the precious metal in global markets, according to HDFC Securities. The precious metal had closed at Rs 67,350 per 10 grams in the previous trade. Silver […]
97.69% of Rs 2000 currency notes returned: RBI
Mumbai: The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2,000 denomination […]
Work on to convert sugarcane belts into energy belts: PM Modi in Meerut
Meerut (UP): Prime Minister Narendra Modi on Sunday said that his government is making efforts to make the sugarcane belts across the country into “energy belts,” a reference to the use of ethanol as fuel. Addressing a poll rally here in the sugarcane belt of Uttar Pradesh, Modi said, “Friends, we don’t want to limit […]
Cong gets fresh I-T notice of over Rs 1,745 crore, total tax demand rises to Rs 3567 crore
New Delhi: In mounting trouble for the Congress, sources in the party said it has received fresh notices from the Income Tax department, raising a tax demand of Rs 1,745 crore for the assessment years 2014-15 to 2016-17. With this latest notice, the Income Tax department has raised a total demand of Rs 3,567 crore […]
Lot of ‘onion peeling’ for attaining global first: SEBI chief on T+0 settlements
Ahmedabad: Attaining the global first of T+0 settlement involved a lot of problem-solving and personal discomforts, SEBI chairperson Madhabi Puri Buch has said giving the analogy of “onion peeling” for the achievement. Speaking at the annual convocation of the Indian Institute of Management Ahmedabad (IIMA) on Saturday, Buch also said the current generation of Indians […]
NIA charge sheet against 3 men in 2019 case relating to seizure of fake Indian currency from Assam
New Delhi: The National Investigation Agency (NIA) has charged three more accused in a 2019 case relating to seizure of fake Indian currency from Guwahati in Assam, an official statement issued on Saturday said. The second supplementary charge sheet was filed on Thursday against Khairul Alom Khandakar, Sitjal Haque and Sudip Biswas, taking the total […]
India’s forex reserves rise by USD 140 million to hit fresh peak of USD 642.63 billion
Mumbai: India’s forex reserves increased by USD 140 million to touch its all-time high of USD 642.631 billion during the week ended March 22, the Reserve Bank said. This is the fifth consecutive week of a jump in the overall reserves. The kitty had increased by USD 6.396 billion to USD 642.492 billion in the […]
I-T notice to Congress is warning to all political parties, says P Chidambaram
Pudukottai (Tamil Nadu): The Income Tax department’s notice to the Congress, imposing a penalty of Rs 135 crore, was a warning to all political parties in the country and the public too, of the BJP’s intention to destroy the parties, former union minister P Chidambaram alleged on Saturday. Meanwhile, the Congress on Friday received fresh […]
