A large proportion of the posts for judges in the various High Courts in India are lying vacant, resulting in painfully slow dispensation of justice, according to law ministry numbers. Out of a total of 1079 posts of judges in all the High Courts in India, a whopping 442 are lying vacant as of last […]
It’s a question that has plagued the best minds of the country and no one has yet been able to figure out why the government came up with a 2,000-rupee note when it had got rid of the Rs 1000 note to control black money. However, Mehul Shah, a chartered accountant from Surat has come […]
The average deposit size for people putting their money into banks under the cash demonetization drive is Rs 45,811, according to the data released by State Bank of India. A total of 76,000 cr has been deposited via SBI branches, and close to another 3 lakh cr has been deposited via other banks. QUESTIONS The […]
Kerala’s merchants and traders union has asked its members to shut all shops from Tuesday to protest the Center’s decision to swap currency notes to control black money. The central government has withdrawn existing 500 and 1000 rupee notes and asked everyone holding the same to get them exchanged with new notes from their nearest […]
The country’s biggest bank State Bank of India saw nearly Rs 40,000 cr deposited by the public in its branches in the first two days of the ongoing currency swap. A total of Rs 1,666 cr worth of notes were exchanged. Under the ongoing currency swap, bank customers can get up to Rs 4,000 worth […]
Thanks to technology, the Income Tax department is now able to track all your bank accounts in all the banks in India, and show you the details on its website. The details of your accounts can be seen on incometaxindiaefiling.gov.in — the portal used to file your income tax returns. As of now, only those […]
With money tied up in banks, the Income Tax department has conducted multiple raids across the country to find undeclared income. The raids were conducted in Delhi, Mumbai, Chandigarh and other cities. The raids are being conducted to unearth undeclared cash, according to sources. It is believed that the Income Tax dept was able to […]
Youtuber Gaurav Chaudhary, who goes by the name of Technical Guruji, has set off a minor storm in the gadget reviewer circles by accusing many of his peers of passing on paid reviews for the real thing. Chaudhary dons the mantle of the whistleblower and warns his fellow reviewers and Youtubers not to cheat their audience […]
Former finance minister P Chidambaram said the previous Congress governments had also considered attacking black money by swapping currency notes, but decided against it as it was considered too costly. Talking to mediapersons, Chidambaram said the cost of swapping the notes would be between Rs 15,000-20,000 cr and the benefit should at least be equal […]
Industry body ASSOCHAM today expressed confidence that apprehensions linked to President Elect Donald Trump of United States “would certainly prove wrong” in the coming days. The industry association said Trump’s sober, very fair sounding and statesman like demeanor promising a fair deal with the rest of the world should indicate an opportunity to take India’s […]
US-based Morgan Stanley has given its thumbs up to Narendra Modi’s bold and unprecedented move to curb illegal funds by swapping currency notes. The government announced on late yesterday night that it will demonetise the high denomination currency — Rs. 500 and Rs. 1000 notes. A new series of the Rs 500 note and a […]
The currency ban could give the Bharatiya Janata Party an upper hand in the upcoming UP election by denying funding to opposition parties. The Congress has already attacked the move to ban 500 and 1000 rupee notes with effect from midnight today. Since nearly the entire money used to fight elections in India is in […]
The Press Trust of India reported that the government of India has put on hold its earlier directive to take news channel NDTV India off-air for one day. Quoting unnamed sources, the news agency said the Information & Broadcasting ministry decided to put the move on hold. The move had been roundly condemned by media […]
A security guard found an improvised pistol and seven cartridges near one of the gates of Jawaharlal Nehru University in Delhi. The items were found inside a bag. The bag was found at 2 am today, about 50 meters from the North Block gate. The area around the North Gate is primarily residential. The university […]
A man from God’s own country has come under social media fire for preventing his wife from feeding their newborn child over religious reasons. The incident took place on Wednesday around 2 PM, at the EMS co-operative hospital in Mukkam in Kozhikode district, Kerala, where 24-year-old Hafsath refused to breastfeed her newborn baby, when the […]
Lypsa Gems and Jewellery Ltd said it reduced its secured debt by 25% by repaying a loan of Rs 75 mn to Bank of India. As of today, its debt stands at Rs 235 mn, down from Rs 31O mn as of 31st March 2016, it said. Debt Equity Ratio has dropped from 1.03x to […]
Prime Minister Narendra Modi inaugurated three hydro-electric projects in Himachal Pradesh, representing 1,732 MW of generating capacity, to the nation today. The biggest of the three is NTPC’s Koldam, which has four generating units of 200 MW each. The second biggest was Parbati Stage-III, which comprises 4 units of 130 MW each and is operated […]
The Government has approved the establishment of Indian Institute of Management at Jammu in a temporary campus at Old Government College of Engineering & Technology from the Academic Year 2016-17. The project will involve a cost of Rs 62 crore in temporary campus for the initial four years from 2016 to 2020, said the government. […]
India won the toss and chose to bat first in the third Paytm test match at Holkar Stadium, Indore. The pitch will favour the bowlers and batting would be difficult, was Sunil Gavaskar’s opinion. “It will be a batman friendly wicket”, said Virat Kohli after winning the toss for the third time in the series. […]
New Zealand will be playing for pride in the third Paytm test match tomorrow at Holkar Stadium in Indore after India secured an unassailable 2-0 series win against them at Eden Gardens. Skikhar Dhawan’s injury to his thumb, coming in the midst of a poor run of form, gives the comeback man Gautam Gambhir a slot […]
