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Buyback tax rules inequitable: Industry
Experts argue the new tax rate is disproportionately higher compared to LTCGT of 12.5% and STCGT of 20%
Forex kitty falls by $4.8 billion to $670 billion
THE foreign exchange reserves fell by $4.8 billion to $670.119 billion in the week to August 9, as the RBI likely have sold dollars to defend the rupee which was under tremendous pressure, testing the 84-mark to the dollar twice during the week.
RIL layoffs raise concern over hiring in retail
THE recent layoffs within Reliance's retail division (about 38,029 job cuts) have raised many questions, especially the future of hiring with regards to retail opportunities.
Anti-dumping probe against Vietnam steel imports
THE Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping probe into imports of hot rolled flat products of alloy or non-alloy steel from Vietnam, following an application filed by the Indian Steel Association (ISA) on behalf of domestic steel producers, JSW Steel and ArcelorMittal Nippon Steel India.
Fed rate cut hope triggers rally in equity market
ON the back of strong global cues, the Indian equity market rallied sharply on Friday with the benchmarks - BSE Sensex and NSE Nifty50 - surging nearly 2% each.
Kamala Harris favourite to win if elections held today: Washington Post
DEMOCRATIC presidential candidate Vice President Kamala Harris would be the favourite to win the White House if polls were held today, The Washington Post has said.
Incursion meant to force Russia to negotiate: Kyiv
Ukraine claims it seized 1,100 sq km of Russian territory in its biggest counter-attack
Yunus inducts four more advisers to interim govt
THE interim government in Bangladesh led by Chief Adviser Professor Muhammad Yunus was expanded on Friday with four more advisers joining his team.
UK, French ministers in Israel to push for truce
INTERNATIONAL diplomacy to prevent the war in Gaza from spreading into a wider regional conflict intensified on Friday, with the British and French foreign ministers making a joint trip to Israel while internationally mediated cease-fire talks in Qatar entered their second day.
Indian student develops revolutionary carbon-extracting biomaterial in UK
AN Indian student at University College London (UCL) is working on a new construction biomaterial that uses living microorganisms to extract carbon dioxide from the atmosphere, which has the potential to dramatically reduce carbon footprint if mass-produced and widely adopted by the building industry.
'File FIR in 6 hours for violence against healthcare workers'
THE Central government on Friday directed all the hospitals, whether run by state or Centre, to file an FIR within six hours if any healthcare professional reports violence.
Traffic police in Assam goof it, fine auto driver for 'not wearing helmet'
AN Assam auto rickshaw driver was left flabergasted when he learnt that he was fined ₹1,000 by the traffic police for not wearing a helmet.
Gujarat trails in quality education, lags behind many states: NITI Aayog
GUJARAT may be a model state in many respects, but when it comes to high-quality education, it lags behind states like Haryana, Sikkim, Manipur, Kerala, Andhra Pradesh, and Himachal Pradesh, which are frontrunners in this area.
Politics peaks as Didi targets Oppn
AMID the seething anger in the medical fraternity and a sporadic judicial and administrative action, West Bengal found itself caught in the usual political slug-fest.
Uddhav's Maha pitch: 'Declare MVA CM face ahead of polls, will support'
ASSERTING his position in the Maha Vikas Aghadi (MVA), Maharashtra Chief Minister Uddhav Thackeray on Friday expressed his willingness to support any candidate proposed by the Congress and NCP(SP) as the alliance's chief ministerial candidate, but it should be decided ahead of the upcoming assembly polls in the state.
Facing backlash, Kolkata top cop says not shielding anyone, probe transparent
ON a day when the Kolkata High Court came down heavily on the state government, particularly the police, the CBI questioned Dr Sandip Ghosh, former principal of RG Kar Medical College and Hospital, in the rape and murder of a medico.
IMA's 'nat'l movement' gains ground as docs of large corporate hosps join
EVEN as hundreds of angry resident doctors on Friday laid siege to Nirman Bhavan, the health ministry headquarters, the Indian Medical Association (IMA) said it is firm on a 24hour shut down of OPD and elective surgeries on Saturday to protest the barbaric rape and murder of a trainee woman doctor in Kolkata.
3-phase assembly elections in J&K to begin on Sept 18
THE Election Commission on Friday announced assembly polls for Jammu and Kashmir (J&K) and Haryana.
After SC directive, clamour for policy on GM crops grows
COMPLYING with the Supreme Court's July directive, civil society groups and environmental activists have written to the Ministry of Environment, Forest and Climate Change (MoEFCC), seeking widespread consultative processes for evolving a national policy on Genetically Modified (GM) crops.
Natural for young man to be upset about sister being ill-treated, says SC
IT is natural for a young man to be emotionally upset to see his sister ill-treated by her in-laws, observed the Supreme Court while modifying the jail sentence of a man, accused under IPC Section 304.
Nod to Metro projects in 3 cities, 2 airports
Cabinet approves metro rail projects for Bengaluru, Pune and Thane; also clears one airport each in Patna, Bagdogra
Army honour for Paris Olympic medal winners
CHIEF of the Army Staff (COAS) Gen Upendra Dwivedi on Friday felicitated Indian Army sportspersons for their accomplishments at the Paris Olympics.
National film awards: South industry retains its hot streak
Malayalam film Aattam is Best Feature Film; Mani Ratnam's Ponniyin Selvan I wins 4 national awards; Rahman gets 7th nat'l award, most won by any music director
Murder accused tries to escape from police, shot in his right leg
THE Needamangalam police on Friday night shot an accused in a murder case while he was allegedly trying to flee after attacking a personnel with a machete.
Bus crew sacked for abusing visually impaired couple
A visually impaired couple, Ramadhas and Visalakshmi, from Thippasandra near Pallikonda, allegedly faced mistreatment and abuse while alighting a TNSTC bus on Thursday.
Tirunelveli cops advise private bus crew not to play caste-related songs
THE Tirunelveli city police convened a meeting with private bus conductors and drivers here on Friday, instructing them against playing caste-related film songs and locallycomposed caste songs in the buses, and report the issues among student passengers to the police.
In July, Tiruppur knitwear exports up by ₹400 crore
KNITWEAR exports from Tiruppur increased by 400 crore in the quarter ending July, said A Sakthivel, in-charge of Apparel Export Promotion Council (Southern Region), on Friday.
Must win 200 seats in next Assembly poll, CM tells brass
DIST SECY MEET CM MK Stalin on Friday announced that the DMK-led alliance is targeting to bag 200 seats in the 2026 Assembly polls.
TNSTC DRIVER DIES AS POWER LINE FALLS ON BUS IN NILGIRIS
A TNSTC driver died on the spot after a high-tension power line snapped and fell on the bus near Sholurmattam at Kotagiri in Nilgiris on Friday morning.
'Guv's At-Home exposes DMK-BJP ties'
FORMER minister D Jayakumar of the AIADMK has accused the ruling DMK of maintaining a tacit relationship with the BJP after CM MK Stalin and eight ministers attended the At Home reception hosted by Governor RN Ravi.