On February 1 of each year, except for general election years, the Union government presents the Budget Estimate (BE) for the upcoming financial year, alongside the Revised Estimate (RE) for the current year and the actual figures for the previous year. The RE is an adjusted version of the initial BE, taking into account any modifications or alterations made during the financial year.
Mumbai and its suburbs experienced heavy rain causing waterlogging. Traffic diversions occurred near Kurla's Sheetal Cinema, Aarey-Goregaon, and Andheri subway. Rail services were unaffected. IMD forecasts more rain for Mumbai and Pune.
The record date, set by the company, is crucial for determining shareholders' eligibility for corporate actions like buybacks, bonus issues, or stock splits. Only shareholders whose shares are held in demat accounts on this specific date will qualify for these benefits.
Delhi Lt Governor VK Saxena alleges Chief Minister Arvind Kejriwal isn't adhering to prescribed medical diet and medications in Tihar jail. Kejriwal's health is a concern due to alleged low calorie intake and insulin irregularities. AAP accuses BJP of harming Kejriwal. Discrepancies in blood sugar readings raise further medical concerns. LG urges compliance.
Belly fat loss without gym and exercise in 21 days: How did R Madhavan lose weight?
Bangladesh imposed a strict curfew and deployed military forces in the capital to curb violence following deadly clashes over government job allocation, leaving several dead and hundreds injured. The protests, demanding an end to the 30% job quota for veterans' relatives, have become a significant challenge to Prime Minister Sheikh Hasina's government.
SEBI plans to introduce a new asset class catering to high-net-worth investors, offering greater flexibility and higher risk options. With a minimum investment of Rs. 10 lakhs, this move aims to fill the gap between mutual funds and PMS. Experts believe it will provide diversification opportunities and long-term value creation.
The National Testing Agency (NTA) released the NEET-UG 2024 results city and centre-wise following a Supreme Court order to ensure transparency. The marks have been disclosed while maintaining student anonymity. The results are available on the NTA NEET website. The court directed the NTA to address concerns of paper leaks and malpractice. Further hearings regarding the examination's integrity and fairness are scheduled for July 22.
Congress General Secretary Jairam Ramesh criticized the Narendra Modi-led government after UPSC Chairman Manoj Soni resigned amidst controversy surrounding trainee IAS officer Pooja Khedkar. Ramesh alleged that constitutional bodies have been undermined since the BJP came to power in 2014, and suggested that Soni's resignation might be linked to the ongoing scandal involving fraudulent certificates.
Heavy rains in Gujarat's Porbandar, Junagadh, and Devbhumi Dwarka districts have led to severe waterlogging, causing traffic disruptions and road closures. Despite the challenges, devotees continue to visit flooded temples, like the Rokadiya Hanuman temple. Railway tracks in Porbandar were also affected, halting train services briefly. Mumbai also faced waterlogging issues.
It is on days like Friday where bears just send a reminder that while bulls are in control of the market, even they would come once in a while on the street. Coming week, the move of the market would be decided by what comes in the budget. When we say come, not only specifics about sectors, but more importantly, what is the broader picture on fiscal discipline. So, for some time, if one is not a trader and knows how to hedge, hedge your exposure. If one is taking fresh exposure to equity, ensure... Читать дальше...
Airline systems affected by a global IT outage are now operational, with full resolution expected by noon Saturday, Civil Aviation Minister K Rammohan Naidu announced. The outage, caused by a CrowdStrike update impacting Microsoft's Windows, led to flight delays and cancellations. IndiGo canceled 200 flights, but operations have resumed for most airlines, including SpiceJet and Akasa Air.
Delhi police arrested 15 people in a kidney racket involving alleged coordinators, recipients, and donors, with 34 cases registered against them in 11 hospitals across states. The arrests followed a complaint from a woman whose husband paid for a transplant that wasn't provided. A team led by ACP Raman Lamba conducted raids, leading to the arrest of key players and uncovering a network exploiting underprivileged donors for profit.
HDFC Bank's Q1 FY25 financial results are likely to be less impressive than the previous quarter, primarily due to slower deposit growth. The merger with HDFC Ltd. makes year-over-year comparisons irrelevant. Loan growth is also expected to moderate, impacting net interest income. While the bank navigates the challenges of integration and a tougher economic environment, its profitability might see a minor dip in this quarter.
Australian field hockey player Matthew Dawson amputated his broken ring finger in order to participate in the Paris Olympics 2024, a move than has become a major example of the love for sports and will to participate for the nation at the big stage.
U.S. Vice President Kamala Harris reassured major Democratic donors on Friday that the party is poised to win the upcoming presidential election. Her remarks came as a response to increasing calls from lawmakers for President Joe Biden to step down from the 2024 race.
Shiv Sena MP Milind Deora credited Prime Minister Narendra Modi and Maharashtra Chief Minister Eknath Shinde for weakening left-wing extremism. His comments came following an encounter in Maharashtra's Gadchiroli district on July 17, where 12 Naxals were killed.
ITR filing: Reduce tax while filing income tax return (ITR) by claiming these deductions. However if you forget to claim the deductions in your ITR for FY 2023-24 (AY 2024-25) for investments made before March 31, 2024 then you can't claim it again in the next financial year. So double check and file ITR now.
The new government is expected to largely retain its tax and non-debt capital receipt projections as was presented during the Interim Budget in February. In that case, a transfer of Rs 2.11 trillion by the RBI translates into excess receipts of about Rs 1.5 trillion in FY25. A considerable part of it is likely to be spent under various heads, while a small portion could be used to reduce the fiscal deficit.
29 women, including five from Kumbakonam in Tamil Nadu and 16 female employees from Odisha State, fainted due to an ammonia gas leak in Nila Sea Puts private fish processing plant on Friday.
Companies working to help India meet its net-zero goals will be among the beneficiaries of the foreign capital flows, according to K Balasubramanian, head of corporate banking for Southeast Asia and the Indian subcontinent.
Recent reports from the RBI’s KLEMS database reveal that India added 4.7 crore new jobs in the fiscal year 2023-24, translating to 38 lakh jobs per month. This is the highest annual job creation in over four decades. However, this data is provisional and lacks a detailed sector-wise breakdown, which raises questions about its accuracy.
Monetary and political shifts drive traders to options exchanges, raising tail-risk costs. Fed's potential rate cuts and weak inflation shift investments, boosting ETF inflows. Nasdaq, Bloomberg Magnificent 7 fall; junk bonds, Russell 2000 rise. VIX climbs, reflecting tech bearishness. S&P 500 dips. Bullish options demand rises. Experts warn against Fed delays. Trump's odds improve amidst assassination attempt.
At least 11 people died after a highway bridge partially collapsed in northwest China's Shaanxi province on Saturday morning, according to Xinhua, citing local authorities. The bridge, located in Zhashui County in Shangluo City, collapsed around 8:40 pm on Friday due to a sudden downpour and flash floods, the provincial publicity department stated.
