The number of new COVID-19 cases in India crossed the 6,000 mark for the first time, as four states — Uttar Pradesh, Delhi, Rajasthan and Karnataka –reported their highest number of new cases in a single day. The breaching of the 6,000/day mark comes two days after India crossed the 5,000 mark for the first […]
States ruled by BJP-led National Democratic Alliance have taken back nearly four times as many migrant workers compared to states ruled by opposition parties, according to the data given by Finance Minister Nirmala Sitharaman today. A total of 806 trains have so far been run by the Indian railways for migrant workers. Out of these, […]
States seem to be scrambling to put in place a policy to deal with incoming travelers from COVID-19 affected red zone states after the Indian Railways unexpectedly announced that it was restarting some long distance trains from tomorrow. Most states currently limit interstate travel by issuing special passes, so that the number of incoming travelers […]
Congress leader Rahul Gandhi today called for the central government to transfer an amount of around Rs 65,000 cr ($8.6 billion) as immediate financial relief to half of Indian households as a stimulus measure to restart consumption. He said this can be sent as a direct cash transfer of Rs 7,500 to each family. His […]
The National Disaster Relief Force or NDRF is holding a briefing on the leak of styrene gas from a plastic factor in Vizag in Andhra Pradesh. The video of the live briefing is below. You can also see the major bullet points summarizing the statements given by the NDRF and the NDMA in the briefing […]
Goa Chief Minister Pramod Sawant today said that if the nationwide lock-down is lifted next week, his state would face an unwelcome situation of having to deal wtih Coronavirus-positive travelers from other parts of the country. His comments come in the wake of the Goan government urging Prime Minister Narendra Modi yesterday to extend the […]
Union health ministry today said that the country is ready to face any “exponential rise” in the number of Coronavirus cases and has, as of now, nearly 63 times the number of hospital beds at its disposal as is required to treat present COVID-19 cases. Luv Agarwal, spokesperson for the ministry of health and family […]
The central government has temporarily waived the need for states to seek its agreement for issuing orders under the Essential Commodities Act. With this, state governments can issue orders and directions under the act without first seeking the approval of the center till June 30. The Essential Commodities Act, passed in 1955, seeks to ensure […]
Vishwajit Rane, minister in charge of health, industry and trade in Goa, has said that mass gatherings in his state should be banned for the next six to seven months and that he expects the state’s tourism sector to remain more or less dormant during this period. “Mass gatherings, any kind of religious gatherings, prayers […]
Supreme Court of India today refused to stay an order by Kerala High Court directing Karnataka to open all its roads to Kerala for essential traffic. Karnataka had, a week ago, closed all the major roads from Kasargode district in Kerala — a major Coronavirus hotspot with around 150 COVID-19 cases. Karnataka government dumped truckloads […]
A day after tens of thousands of people thronged bus terminals in the national capital, Prime Minister Narendra Modi apologized to citizens for putting them into unprecedented inconveniences, but also warned that people who are flouting the lockdown are playing with everyone’s lives. “I know that you have been put into massive inconveniences, especially my […]
Ministry of Electronics and Information Technology, Government of India, has requested all state governments to include IT and BPO employees, as well as e-commerce, in their list of essential services. Several state governments, including Maharashtra, Kerala, Tamil Nadu and Andhra Pradesh, have announced strict curbs on the movement of people and the functioning of shops […]
Mumbai-based real estate developer Godrej Properties said it has acquired 43.61 hectares of land in Faridabad from real estate major BPTP for development. Financial details of the transaction were not announced. The plot will be home to Godrej Properties’ first development in Faridabad — a residential project with 95,000 square meters, or 1 million square […]
India is in talks with 23 parties, including the European Union, the Gulf Cooperation Council, ASEAN and Israel, on various types of trade agreements, according to data from the central ministry of commerce and industry. Besides the above entities, India is also in talks with countries such as Sri Lanka, Thailand, Mauritius, New Zealand, Singapore, […]
Ajay Singh, the entrepreneur who founded and currently heads budget airline SpiceJet, reassured investors and other stakeholders after his company’s stock fell 20% today as part of a broader market correction. Shares of SpiceJet were down Rs 12.05 at Rs 48.30 at close on the National Stock Exchange today. Shares of rival and market leader […]
Godrej Properties said it will develop a 3-acre plot in Chandivali, near Powai, Mumbai. The plot was reportedly acquired for Rs 153 from DIC India, one of the oldest ink manufacturers in India, though Godrej did not confirm the name of the seller. “This project will offer 41,800 square meters (0.45 million square feet) of […]
The facility of supporting ‘ration cards’ from out-of-state residents has been extended to 12 states in India, according to data from the ministry of consumer affairs, food and public distribution. Ration cards in 12 states have been made interoperable with each other and holders of such cards can obtain food grains at subsidized rates from […]
Operating conditions for Indian non-banking financial companies/institutions (NBFCs or NBFIs) have improved slightly in the first two months of 2020, however, uncertainty levels continue to be high for certain segments within the sector such as housing finance and wholesale lending, global ratings agency Fitch said in a note today. “The recent fundraising by a number […]
The Directorate General of GST Intelligence (DGGI) has arrested a Delhi-based businessman for issuing fake invoices that were then used to claim input tax credits by the those who received those invoices. Under India’s Goods and Services Tax regime, tax does not have to be paid on the same material multiple times. In other words, […]
The government has detected fake GST refunds of Rs 1,926 cr since the new system was introduced in 2017, ministry of finance said on Monday. GST refunds are issued by the government when an entity, such as a business, has paid more tax than it was required to under the Goods and Services Tax regime. […]
