CATEGORIES

Paytm loss widens to ₹840 cr in Q1 FY25

FINTECH firm One97 Communications, which owns Paytm, on Friday said its loss has widened to 840 crore in the quarter ended June 30, mainly due to continued impact of restrictions on Paytm Payments Bank Ltd.

Reserve Bank raises concern over falling deposit mobilisation

WARNING banks and nonbanks in particular and all lenders in general again over the falling deposit mobilisation and increasing credit offtake, leading to asset liability mismatches, Governor Shaktikanta Das has said the Reserve Bank has is reviewing the liquidity coverage ratio framework to address the emerging issues.

Forex kitty up by $10 billion to $667 billion

THE country's forex reserves, a key monetary defence against external risks, have rallied by a whopping $10 billion to touch an all-time high of $666.85 billion as of the week ending July 12, boosted by the heavy inflow into government debt after its inclusion into a global debt index from late last month.

Portal for non-tariff barriers in 2-3 months

AN online platform designed for the registration and resolution of non-tariff barriers (NTBS) affecting exporters is anticipated to launch within the next two-three months, said Rajesh Agarwal, additional secretary with Commerce Ministry on Friday.

Govt may simplify TDC/TCS framework in Union Budget 2024

The government may announce major reforms in the existing tax deducted at source (TDS) and tax collected at source (TCS) framework, as these are overly complex and burdensome for taxpayers, sources told TNIE.

Friday crash wipes out ₹8L cr from domestic equity market

SNAPPING a four-day winning rally, India's equity market benchmarks - BSE Sensex and NSE Nifty50 took a beating on Friday due to the global sell-off, triggered by operating system issues that caused devices to crash worldwide.

Sanstar's 510 crore public issue booked 4.16 times on Day 1 of offer

THE initial public offering of Sanstar Ltd got fully subscribed on the first day of subscription on Friday.

'Outage shows fragility of world's core internet infra'

AIRLINES, banks, TV channels and other business across the globe were scrambling to deal with one of the biggest IT crashes in recent years on Friday, apparently caused by an update to an antivirus program.

Israeli occupation of West Bank illegal: ICJ

THE UN's top court on Friday said Israel's decades-long occupation of Palestinian territory was \"illegal\" and needed to end as soon as possible.

Joe Biden to 'absolutely' remain in prez race, says his campaign chair

US President Joe Biden's campaign is insisting anew that he is not stepping aside as he faces the stark reality that many Democrats at the highest levels want him to consider how stepping aside from the 2024 election to make way for a new nominee atop the ticket could be the party's best chance of preventing losses in November.

Curfew imposed in Bangladesh

Military deployed as unrest toll hits 105; student protesters storm prison, free hundred of inmates

RIMS-Ranchi's student held in NEET leak case

A first year MBBS student of 2023 batch from Rajendra Institute of Medical Sciences (RIMS) in Ranchi was arrested by the CBI in the NEET paper leak case.

Action against 7 MLAs for cross-voting in council polls

THE Congress has decided to take disciplinary action against the seven Congress MLAs who cross-voted in the recent Maharashtra Legislative Council elections.

Maurya's 'sinking ship' jibe at SP chief 'monsoon offer'

IN a strong retort to Samajwadi Party chief Akhilesh Yadav's 'monsoon offer', Uttar Pradesh deputy chief minister Keshav Prasad Maurya on Friday said that SP is a \"sinking ship\" which would soon disappear into oblivion.

Sukhu: Hill states must have special sanction norms for AMRUT projects

HIMACHAL Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday urged the Centre to adopt distinct norms for hilly states like Himachal Pradesh for sanctioning projects under Atal Mission for Rejuvenation and Urban Transport (AMRUT) scheme, keeping in view the difficult terrain and topography.

Chorus for separate 'Bheel' state gains currency in Raj

THE demand to form a separate 'Bheel Pradesh' or Tribal state is gaining momentum.

Tribals under pressure from Bangla infiltrators: Marandi

FOLLOWING an alleged attack on tribal households after a dispute over making an objectionable edited video of a girl viral on social media by her neighbour, state BJP Chief Babulal Marandi has said that the tribals in Jharkhand are being threatened by Bangladeshi infiltrators to hand over their land to them.

ED raids Bihar bridge construction firm in Patna, Delhi & Haryana

THE ED on Friday conducted simultaneous raids on the premises of leading construction company SP Singla Group of Companies in the state capital, New Delhi and Panchkula (Haryana) under provisions of Money Laundering Act.

FIR against Puja Khedkar on UPSC's cheating complaint

THE Delhi Police Crime Branch has registered an FIR against probationary IAS officer Puja Khedkar for allegedly misrepresenting and falsifying facts to obtain extra attempts in the Union Public Service Commission (UPSC) examinations, officials said on Friday.

SC turns down bail to two convicts in Bilkis case

THE Supreme Court on Friday dismissed interim bail petitions filed by two men convicted of gang rape of Bilkis Bano during the 2002 Gujarat riots.

Govt set to table 6 new bills during Budget session

THE ruling NDA is all set to introduce six bills in the upcoming Parliament session, slated to begin on July 22.

Strict action against executive for molesting woman on flight: Jindal

NAVEEN Jindal, the chairman of Jindal Enterprises, on Friday assured a woman of \"strictest action\" against one of his top employees accused of molesting her in a flight.

More Army teeth to counter terror in Jammu

Special Force Commandos and a Brigade size troops added to region, which has recently seen a spurt in attacks

PIL challenges cancellation of NEET-SS exam

SUPREME Court on Friday issued notice to the Centre and sought its response after hearing a Public Interest Litigation, which challenged the cancellation of National Eligibility cum Entrance Test Super Specialty (NEET-SS) exam for 2024.

Vice-Chief of Air Staff says self-reliance can't be at the cost of nation's defence

LAYING emphasis on \"nation's defence\" Air Marshal AP Singh on Friday said that the push to Atma Nirbharta (self reliance) in defence cannot be at the cost of it.

Use big data, AI to counter terrorism, says Shah

HOME Minister Amit Shah on Friday stressed on the need to constitute a team of young and tech-savvy officers to dismantle the terror ecosystem utilising big data, artificial intelligence and machine learning driven analytics.

Heavy rain throws life out of gear in Godavari district

Fisherman dies in Tirugudem village; 13,000 acres of paddy fields submerged; dist collector says flood surge likely to reach 7 lakh cusecs

HC stays suspension of Thoothukudi dist KFC outlet's licence

THE Madurai Bench of the Madras High Court granted an interim stay on an order passed by the authorities, suspending the licence of a KFC outlet in Thoothukudi district.

Man sends hoax bomb threat letters to pvt hosp, Egmore railway station

A private hospital in Perumbakkam and Egmore Railway Station have also received hoax bomb threats.

Stalin opens new school structures built at 264.15 crore

CHIEF Minister MK Stalin inaugurated new buildings constructed for the school education department at a cost of 264.15 crore across Tamil Nadu via video conference from the secretariat on Friday.