The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.
A deadly collision involving a gas tanker and multiple vehicles turned a stretch of the Jaipur-Ajmer highway here into an inferno on Friday morning, killing seven people, injuring more than 35 and engulfing over 30 vehicles in flames as thick black smoke filled the sky.
An LPG tanker collided with multiple vehicles on Friday, leading to a massive fireball that turned a stretch of the Jaipur-Ajmer highway into an inferno, killing at least eight people and engulfing more than 30 vehicles in flames.
The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Over the past two months, these sectors have become increasingly dominant, now constituting nearly 30 per cent of the total allocation in many diversified MF portfolios.
rediffGURU Chandrakant Lahariya tells you how to lower your blood sugar levels and manage your diabetes.
A Congress worker died during a protest near the Uttar Pradesh Assembly in Lucknow, India, on Wednesday. The Congress party alleged the worker, Prabhat Pandey, died due to "police brutality," while police said he was brought to the hospital unconscious and had no visible injury marks. An investigation is underway, and a post-mortem is to be conducted by a panel of doctors.
All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.
'It's almost like the tissue of the lung has a cancer spreading to it, which is causing scarring and rapidly progresses.'
From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.
A coaching institute in Jaipur was sealed after several students fainted during a class, prompting calls for action against those responsible and a shift of such institutions to a designated "Coaching Hub". The incident, which saw students experiencing breathing difficulties and headaches, is suspected to have been caused by a gas leak from either a sewer line or the institute's kitchen. The Rajasthan Human Rights Commission has recommended free treatment and compensation for the affected students and an investigation into the matter.
Manchester City have now won only once in 11 games in all competitions.
Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid, the district administration in Sambhal, Uttar Pradesh, has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. The administration began removing encroachments on Sunday morning, focusing on clearing drains outside houses and shops. The operation uncovered an illegal stockpile of domestic gas cylinders in a house, and the electricity department unearthed illegal connections in four mosques and a madrasa. The Bhasma Shankar temple, which was reopened by the district administration, has resumed regular worship.
Mainz 05's Lee Jae-sung scored either side of the break as the hosts stunned Bundesliga leaders Bayern Munich 2-1 on Saturday.
The action came after a 'jatha' of 101 farmers, who resumed their foot march to Delhi shortly after 12 noon on Saturday from the Shambhu protest site on the Punjab-Haryana border, reached the barricades put up by the Haryana security personnel.
Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.
As regards mid-caps and small-caps, analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters and where the valuations have become reasonable.
Violent protests erupted in Parbhani, Maharashtra, India, for the second day over the vandalising of a replica of the Indian Constitution. Prohibitory orders were imposed in the city, banning gatherings of five or more people in public places. A mob indulged in arson and vandalised the district collector's office. Police arrested a man in connection with the incident, but protests continued. Protesters demanded a thorough investigation and blamed the government's lax approach.
Punjab farmer leader Sarwan Singh Pandher said no 'jatha' (group) of farmers will resume their foot march to Delhi on Tuesday. The farmers suspended their march after some were injured in teargas shelling by Haryana security personnel. Pandher accused the Centre of being confused on how the protesters should proceed to the national capital, citing contradictory statements from different ministers. He also criticized the government's lack of response to the hunger strike of farmer leader Jagjit Singh Dallewal, which has entered its 14th day.
From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.
A group of 101 farmers resumed their foot march to Delhi on Sunday to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, they were stopped at the barricading by Haryana Police who cited a prohibitory order clamped by the Ambala administration. The farmers have been pressing for various demands, including a legal guarantee for MSP, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases (against farmers), and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of farmers who died during the previous agitation in 2020-21 are also part of their demands.
Punjab farmer leader Sarwan Singh Pandher said on Saturday that they have not received any message from the Centre for talks to address their issues and said a group of 101 farmers will again begin their march to Delhi on December 8.
We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.
A 'jatha' of 101 farmers Friday began its foot march to Delhi from their protest site at Shambhu border, but was stopped a few metres away by a multilayered barricading.
Benchmark Sensex advanced 110 points in a choppy trade on Wednesday, extending its gains to the fourth day in a row helped by buying in HDFC Bank, ICICI Bank and fresh foreign fund inflows. The 30-share barometer rose by 110.58 points or 0.14 per cent to settle at 80,956.33 with 14 of its constituents ending with gains and 16 stocks with losses. During the day, it jumped 399.64 points or 0.49 per cent to 81,245.39 and dipped to a low of 80,630.53.
'This case is not a good example of intellectual property strategy for either sector.'
The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Minister of State for Finance Pankaj Chaudhary tabled a notification in Rajya Sabha scrapping the levy on crude oil produced by firms like state-owned Oil and Natural Gas Corporation (ONGC) and exports of fuels done by companies like Reliance Industries Ltd.
Unverified images also showed fans scrambling over the walls of the stadium.
A 22-year-old youth from Telangana, Sai Teja Nukarapu, was shot dead at a gas station in the United States where he was working. The incident occurred in the early hours of Saturday Indian time near Chicago. Sai Teja was not on duty but helping a friend who asked him to stay on for some time. The friend had gone out on some work. Sai Teja had completed his BBA in India and was pursuing his MBA in the US. He was also doing a part-time job at the gas station. The body is expected to reach India next week.
The output of eight key infrastructure sectors expanded by 3.1 per cent in October 2024, sharply down from a 12.7 per cent growth registered in the same month last year, according to official data released on Friday.
India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-24 fiscal. The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.
Chicken cooked up in a charred masala is a rural Maharashtra treat and tastes divine with rice or bhakri.
'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).
From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.
Jailed former prime minister Imran Khan's supporters reached the heart of Pakistan's capital on Tuesday, November 26, 2024, after removing barricades and battling police in clashes that killed six security personnel and injured dozens.
Four women died and five others were injured after an explosion caused three houses to collapse in Madhya Pradesh's Morena city. The incident took place in the city's Rathore Colony area around midnight. The body of one of the deceased women was still being extricated from under the debris. Vasudev Rathore, whose house was destroyed in the explosion and whose 28-year-old daughter-in-law was among the deceased, expressed suspicion that the blast was caused by gunpowder. LPG cylinders were found intact during the removal of debris. The injured persons were sent to Gwalior for further treatment.
French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).
Seven FIRs have been lodged in connection with the violence over a court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, naming Samajwadi Party MP Zia-ur-Rehman Barq and local SP MLA Iqbal Mehmood's son Sohail Iqbal as accused. Three people were killed and scores of others injured on Sunday as protesters opposing the survey of the Shahi Jama Masjid clashed with police. The district administration has imposed prohibitory orders and barred the entry of outsiders into Sambhal till November 30.
CNG price in Mumbai as well as several other cities in the country has been hiked by Rs 2 per kg but users in poll-bound Delhi have been spared for the time being, according to city gas firms. Indraprastha Gas Ltd, the firm that retails CNG to automobiles and pipes natural gas to household kitchens for cooking in the national capital and adjoining cities, over the weekend raised CNG price by Rs 2 per kg.
© 2024 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Feedback - About us - Terms of use - Grievances