Narendra Modi announced several ‘prize schemes’ to promote cashless transactions. Under the schemes announced today, there will be two sets of prizes for consumers and another for small merchants. Under the first scheme, any customer who uses any electronic form of payment, including wallets and debit cards, will qualify for a ‘lucky draw’ of Rs […]
The Reserve Bank of India said that any person who continues to hold old notes of 500 and 1000 rupees in bulk will get only one more chance to deposit them into bank accounts and will also have to provide an explanation for the delayed deposit. “Tenders of SBNs in excess of ₹ 5000 into […]
Swaraj India party today said the Income Tax department’s decision to continue to provide immunity to political parties from having to reveal their sources could turn them into money laundering centers. According to Section 13(A) of the Income Tax Act, 1961, if you have registered a political party, you can deposit any amount of money […]
The Supreme Court today upheld service rules and provisions that impose ‘clean shaven’ rules for the Indian Air Force. Dismissing a petition by a Muslim person, the court said the Air Force was well within its authority to lay down the rule prohibiting the sporting of a beard for its personnel. Many organizations, including the […]
The Supreme Court of India has banned the sale of liquor along highways in India. It has ordered that all the licenses of liquor shops in and around the national and state highways in all the states should be closed when their licenses expire. During the trial, the court asked the central government for its […]
Bajaj has opened a facility for its fans to watch the unveiling of Dominar, it’s new sub-brand of motorcycles that will sit above the Pulsar range. The first Dominar 400, the first of the line-up, will be launched tomorrow (Thursday) at 12 PM and you can watch the unveiling below. https://youtube.com/watch?v=KB1nfMOl_VA The first motorcycle carrying […]
The annual rate of inflation, based on monthly WPI, stood at 3.15% for the month of November, 2016 as compared to 3.39% for the previous month and -2.04% during the corresponding month of the previous year. The fall is largely expected due to the impact of the withdrawal of high-denomination currencies during the month. Build […]
Keeping up his attacks on Tata Group interim chairman Ratan Tata, BJP leader Subramanian Swamy fired yet another salvo at the veteran industrialist for investing huge amounts of money into Britain, instead of doing so in India. Tata Steel had acquired UK-based Corus for around 6.2 billion pounds in 2008, making the company the fifth […]
Taxes in India will be made more reasonable as more and more transactions switch to the cashless mode, finance minister Arun Jaitley said. “As more and more transactions are made cashless, they will come under taxation.. (and with this) taxes will be made more reasonable, both direct and indirect,” Jaitley said today. The finance minister […]
Every big event sees a flood of fake messages on social media, particularly WhatsApp, as mischief makers take advantage of people’s desperation to feed them false information. Unfortunately, cyclone Vardah is no exception. There are several WhatsApp messages that contain apocalyptic warnings about a mega flood in store for Chennai and so on. While heavy […]
Traffic from India to major pornographic websites in the world rose sharply in November. The numbers also reveal that Indians use the Internet for accessing pornographic content more often than globally. For example, according to similarweb.com, a website that collates monthly web analytics data, there were no pornographic websites included in the list of the […]
Google.com, home to the world’s most popular search engine, beat Facebook.com to become the most visited website in the world in November as people spent more time shopping and comparing deals than networking online. There was also a sharp jump in traffic to online retail sites such as Amazon and to online advertising domains like […]
Womens’ rights and equality activists have welcomed the observations of the Allahabad High Court on the institution of Triple Talaq among Muslims in India. The observations, made while disposing of the petition of a 23-year-old woman and her 53-year-old husband, have also been hailed by the BJP, several Muslim organizations and many other social and […]
Following on the heels of its announcement to sell its transmission assets to Adani Group, Reliance Infrastructure today said it has signed a share purchase agreement with Adani Transmission for the sale of 100% of its Western Region System Strengthening Scheme Transmission Assets. “SPA for Parbati Koldam Transmission Company Limited (PKTCL) shall be executed upon […]
There has been a substantial increase in the number of ceasefire violations along the line of control between India and Pakistan as well as in the deaths and injuries caused by them, according to home ministry data. So far this year, a total of 99 Indian army and BSF personnel have been injured by ceasefire […]
Anticipating a slow down in home sales in the coming months in the wake of the crackdown on ‘black money’, housing.com will restart its rental classifieds business soon. The portal, which had seen an ugly spat between founder Rahul Yadav and investors two years ago, had shut its rental listing last year to focus on the […]
A new study by the Exim Bank has found that around 15% of the total jobs in India are related to India’s exports sector, including both IT, BPO and material goods such as garments. The total number of jobs supported by aggregate Indian exports increased from about 34 million in 1999-00 to 62.6 million in […]
Two weeks after claiming that around 2 cr illegal Bangladeshi immigrants are living in India, minister of state for home affairs Kiren Rijiju seems to be backpedaling on the claim. “There is no confirmed data with regard to number of Bangladeshi citizens illegally residing in the country..” he told the Lok Sabha today, two weeks […]
The All India Anna Dravida Munnetra Kazhakam (All India Anna Dravidian Progressive Party) started a crucial meeting of its top leadership at 6:30 PM today, minutes after the party hurriedly re-hoisted the flag on its headquarters. All the party’s MLA’s are attending the meeting. The decision to lower its flag at around 5:30 pm today […]
The AIADMK has lowered its flag at its headquarters, setting off a frenzy of sorry in Tamil Nadu as desperate followers of Chief Minister J Jayalalitha broke down in tears. UPDATE: The AIADMK has rehoisted its flag after bringing it down initially. There were wailings and sobbings around the Apollo Hospital in Chennai, where Jayalalitha […]
