CATEGORIES

Google, Amazon, Apple under investigation for Rs 5,000 cr tax demand

The Income Tax (I-T) Department is investigating the tech giants Google, Apple, and Amazon for potential tax nonpayment. Which cited sources, this is related to an inquiry that started in 2021 and stated that authorities have asked the IT companies for thorough answers on their transfer pricing policies.

Tata Technologies IPO commences trading on November 22nd

After almost 20 years, Afte Tata Group is expected to make a comeback to the initial public offering (IPO) market with Tata Technologies. On November 22, Tata Technologies is scheduled to make an offer-for-sale (OFS). This will be the first initial public offering (IPO) for the Tata Group since Tata Consultancy Services (TCS) successfully listed in 2004.

TERUMO INDIA LAUNCHES INSULIN SYRINGE FOR DIABETES MANAGEMENT

Terumo India Presents FineGlideTM - Sterile Pen Needle for Patients Needing Other Self-Medications or Insulin Injections

Chess Fraternity confident of TOPS support for players

Despite chess not being on the Games, the chess community anticipates that the government will offer its players access to the Target Olympic Podium Scheme (TOPS) in light of several outstanding performances in previous years.

Israeli FM visits Switzerland, meets WHO Chief & Red Cross President

The Times of Israel said that Israeli Foreign Minister Eli Cohen will visit Switzerland on Tuesday, accompanied by a number of relatives of prisoners being held in Gaza.

Sales event for displaced people's products in Manipur's Thoubal

A one-day sales event featuring goods created by internally displaced people residing in district relief camps was arranged by the Thoubal district administration.

RAJNATH SINGH TO ATTEND 10TH ASEAN DEFENCE MINISTERS' MEETING-PLUS IN JAKARTA

Starting on November 16, Defense Minister Rajnath Singh will spend two days in Jakarta for the 10th ASEAN Defence Ministers' Meeting-Plus

Coal ministry unveils plan to produce 1,404 MT per annum

The Union Ministry of Coal said it has plans to produce 1,404 million metric tonnes (MT) of coal by the year 2027 and 1,577 MT by the year 2030, at the current level of production of about 1,000 MT per annum.

Adani Electricity announces buyback of $120M senior secured notes

Adani Electricity Mumbai a subsidiary of Adani Energy Solutions, has revealed its intention to repurchase a portion of its outstanding senior secured notes valued at USD 120 million, which are due in 2030.

Next round of India, UK talks for FTA expected soon

India and the UK's chief Ind Inegotiators are poised to engage in the upcoming round of discussions for the envisioned free trade agreement, aiming to resolve discrepancies on matters like automobiles, medical devices, and the movement of professionals, as conveyed by an official. The official expressed the possibility of the UK team visiting for the 14th negotiation round, with the objective of expediting the conclusion of talks.

Goyal seeks deeper trade ties with US, Tesla to double auto parts import from India

Commerce and Industry Minister Piyush Goyal on Tuesday met with the United States Trade Representative Ambassador Katherine Tai and held bilateral discussions to further deepen the India-US trade and investment ties along with convergence on key WTO issues for a favourable outcome at the MC13.

INDIA'S OCTOBER WPI AT 0.52% STAYS NEGATIVE 7TH MONTH IN A ROW

The WPI inflation was at - 0.26 per cent in September, marking October as the 7th straight month of consecutive decline

CM DHAMI TAKES STOCK OF UTTARKASHI TUNNEL COLLAPSE, PM ASSURES ASSISTANCE

Chief Minister Pushkar Singh Dhami stated following an assessment of the circumstances behind the Uttarkashi tunnel tragedy that is still under development

2012 DACOITY CASE: MAHARASHTRA COURT ACQUITS 4 PERSONS CHARGED UNDER MCOCA

A special court in Thane district has recently acquitted 4 persons charged under the stringent Maharashtra Control of Organised Crime Act for dacoity at a college in 2012.

DELHI HIGH COURT: INTERPRETATION OF CONTRACT PRIMARILY A MATTER FOR ARBITRATION TO DETERMINE, S OPE OF SECTION 34 ARBITRATION ACT

The Delhi High Court in the case Raghunath Builders Pvt. Ltd. v. Anant Raj Limited observed and has allowed restoration of an arbitral award, noting that it was not within the scope of the Single Judge under section 34 of Arbitration and Conciliation Act to re-interpret the contract between the parties and substitute the finding of the Arbitrator's despite it being plausible and well-reasoned.

Is Justin Trudeau guilty of inadvertently facilitating potential mass murder?

The Khalistani extremist Gurpatwant Singh Pannun made an extraordinary statement. He advised Sikhs not to board any Air India flight on 19 November, 2023, or after, going so far as to suggest that plans were afoot to blow up a plane belonging to the airline on that day.

RAJNATH SINGH MENTIONS CHINA AT 2+2 MEETING

One of the most remarkable statements emerging from the just concluded 2+2 meeting between India and US defence and foreign ministers was made by Defence Minister Rajnath Singh. He called out China in no uncertain terms by saying, “...The India-US defence relationship has evolved into a strategic partnership characterised by mutual trust, shared values, and a growing recognition of common interests in maintaining regional and global security.

China's ambivalence on North Korea-Russia Military deal

As Russia and North Korea have negotiated and executed a series of deals related to arms since September, it is likely that China is ambivalent towards this military deal between North Korea and Russia, as there are both pros and cons for Beijing, The Diplomat reported.

India emerges as fastest-growing large economy today: EAM Jaishankar

External Affairs Minister (EAM) S Jaishankar, presently on a four-day official trip to the UK, marked the Diwali festivities by offering prayers at the BAPS Shri Swaminarayan Mandir, also known as the Neasden Temple, in London. This cultural celebration highlighted the significance of bilateral relations and the role of cultural connections in advancing shared political and economic interests.

COP28 PREZ-DESIGNATE HAILS INDIA'S ENERGY TRANSITION VISION

Dr. Sultan Al Jaber thanks leadership of India in delivering G20 Delhi Declaration

SIGNATURE GLOBAL TARGETS 31% SALES GROWTH TO RS 4,500 CR IN FY24

Gurugram-based Signature Global had achieved sales bookingsof Rs3430.58crorein 2022-23, up 32 per cent from the previous year

Adani Group explores global ports expansion amidst china strategy

The clearance of a $553 million US government financing contract for a port terminal project in Colombo, the Adani Group plans to grow its international ports business.

Online sales, ravaging monsoon, low apple production hit Diwali sales

The ongoing Diwali festivities in Shimla have been marred by a significant decline in sales, with traders reporting a 30-40% reduction attributed to various factors, including heavy discounts from online platforms, recent rain-related disasters, and low apple production.

CM Yogi gifts Rs 153 cr dev projects to UP forest dwellers

On the auspicious occasion of Diwali, Uttar Pradesh Chief Minister Yogi Adityanath immersed himself in the celebration of the festival among the ‘Vantangiya’ people, who are traditionally forest dwellers.

CM Baghel announces Rs 15k to every woman annually if voted to power

Chhattisgarh Chief Minister Bhupesh Baghel extended Diwali greetings to the people of the state and made a significant announcement, introducing the \"Chhattisgarh Griha Lakshmi Yojana.\" Under this scheme, if the Congress returns to power, every woman in the state will receive Rs 15,000 annually.

NGO LAUNCHES FREE CUTTING AND TAILORING CENTRE IN SRINAGAR

This initiative aims not only to impart valuable skills but also to create employment opportunities for women in the community.

India looks to closer ties with OPEC

Minister of Petroleum and Natural Gas Hardeep Singh Puri has called for close ties between the Organization of the Petroleum Exporting Countries (OPEC) and India, the third-largest energy consumer, crude oil importer and the fourth-largest global refiner, describing it as essential and natural. Puri's remarks came at the 6th High-Level Meeting of India and OPEC led by Haitham Al Ghais,

Palm and sun oil imports reach new highs

In the fiscal year 2022/23, markable increase in imports, with palm oil rising by 24 per cent and sunflower oil by 54 per cent, reaching unprecedented levels.

India's retail inflation softens to 4.87 per cent in October

Amid significant headwinds, India’s Consumer Price Index (CPI) led retail inflation dropped to 4.87 per cent in October 2023, on account of softening food prices. The retracing of the inflation below 5 per cent, was on expected lines.

Indian industrial sector growth expected to continue: FICCI study

According to the latest quarterly survey by the Federation of Indian Chambers of Commerce and Industry (FICCI), the manufacturing sector in India has experienced a notable acceleration in the second quarter of the 2023-24 financial year. This positive trend is expected to persist in the subsequent quarters, despite a global economic slowdown in developed nations.