- Indian Army has occupied six new major heights on LAC with China
Sources said the foiling of Chinese Army's attempts in occupying the heights led to the firing of bullets in the air on at least three occasions from the northern bank of Pangong to the southern bank of the lake.
- 21 states accept Rs 97,000 cr borrowing proposal to meet GST shortfall
GST Council with full presence of states and UTs needs, as per the GST Act, only 20 states to pass any resolution, in case voting is required on any issue, the sources added.
- Banks not asked by RBI to raise capital to brace for possible NPAs: MoS Finance Anurag Thakur
\RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak.
- No significant mutation of coronavirus in India: Harsh Vardhan
Replying to queries during the 'Sunday Samvad' platform, Vardhan further said enough oxygen is being produced in the country and the health ministry is closely monitoring the situation.
- Over 19,800 cases were pending before NCLT till July 31
Minister of State for Corporate Affairs Anurag Singh Thakur said a total 320 posts of officers/staff have been created in the National Company Law Tribunal (NCLT).
- Stubble burning can exacerbate COVID situation in north: Expert
Last year's stubble burning in Punjab and Haryana had contributed to 44 percent of the pollution in NCR Delhi, according to System of Air Quality and Weather Forecasting and Research (SAFAR), the Ministry of Earth Science.
- Many farm leaders welcome agricultural reforms despite some resistance in Punjab and Haryana
The bills remove restrictions on sale and transportation of farm produce and allows them to enter into contracts with large buyers at an assured price.
- Reserve Bank of India looks to sort out e-KYC matter for non-bank lenders
The government has been hesitant to give non-banks entities the access to the Unique Identification Authority of India’s (UIDAI) database following the complaints of misuse of it
- Indian government’s version of Amazon.com helps it save $1 billion
The Government e-Marketplace is also being used to keep Chinese companies away from government contracts after tensions between the neighbours intensified earlier this year amid border clashes. Suppliers must note the country of origin for any goods they sell on GeM, which helps government departments implement Modi govt’s “Make in India” policy.
- Government garners Rs 9,538 crore from direct tax dispute resolution scheme so far
In March, Parliament passed the Direct Tax Vivad Se Vishwas Act. The dispute resolution scheme is valid till December 31, 2020.
- World's longest high-altitude tunnel fully ready to open in Himachal Pradesh
'We are ready for its opening anytime after September 25.PM may open it in the last week of this month or first week of the next month," Brig K P Purshothaman told .
- Don't sign farm bills, Akali Dal chief Sukhbir Singh Badal urges President
“Please stand by the farmers, 'kisan mazdoors', 'arhtiyas', mandi labour and Dalits,” Badal urged President Ram Nath Kovind.
- Covid grows less deadly as doctors gain practice, drugs improve
Public-health officials, epidemiologists, amateur observers and others have watched as the pandemic has unfolded, looking for how to measure the virus’s deadliness. Tallying deaths as a percentage of the greater population sheds light on the scope of the pandemic. Excess mortality compares fatalities to what the death rate is expected to be.
- Analysis: United States to hit 200K dead; Donald Trump sees no need for regret
If the US could keep the death toll between 100,000 to 200,000 people, Trump said, it would indicate that his administration had "done a very good job." In the coming days, the number of U.S. deaths is set to clear the outer band of the president's projections: 200,000, according to the official tally, though the real number is certainly higher.
- Coal India output may fall below 600 MT in FY21 on sluggish demand: Analysts
Analysts of brokerage firm Motilal Oswal projected production of 582 million tonne for Coal India and off-take of 565 million tonnes in FY2021 while ICICI Securities had estimated an output of 580 million tonne and sales of 550 million tonne this year.
- Improving execution may generate Street’s interest in construction stocks
Analysts point out two fundamental triggers. One, in the third quarter of this financial year, state governments will start awarding incremental projects. This should boost construction companies’ order book.
- Nawaz Sharif makes political comeback; launches scathing attack on Army, Imran govt
Addressing the All-Parties Conference (APC) hosted by the Pakistan Peoples Party (PPP) via a video link aimed at launching a protest movement against the Khan-led Pakistan Tehreek-e-Insaf () government, the three-time premier launched a scathing attack on the ruling party for its "failure to address the basic problems of the people".
- Government collects Rs 84,023 crore non-tax revenue in FY21 so far: Anurag Thakur
In a written reply to a question in the RS, Thakur said the total corporate tax collection so far during this financial year is Rs 95,533 crore, while the total GST collection in the current financial year is Rs 3,59,112 crore.
- Yamaha Motor expects India sales to be 10-year low in 2020
The growing impact of the pandemic has made it important for businesses and companies to re-look at their strategies for the future, said Yamaha Motor India Vice President Ravinder Singh
- Appliances, consumer electronics industry hopeful of robust sales this festive season
The consumer electronics and appliances sector, which has already started on a positive note with Onam in August, saw sales growth in last couple of months owing to pent-up demand, but there is another element playing a role of a key driver, i.e. consumers are looking for a substitute for domestic help amid health safety concerns due to COVID-19.
- 32,238 paramilitary personnel contract COVID-19: Government in Lok Sabha
Among the infected, the highest recovery rate is reported in CRPF (84.4 per cent), followed by BSF (80.41 per cent) and CISF (75.25 per cent), he said replying a written reply.
- Iran says arch-rival United States 'isolated' as major world powers dismiss sanctions
The Trump administration said the so-called "snapback" of the sanctions was in effect and threatened to "impose consequences" on any UN member state that fails to comply.
- Bedlam in RS as it passes 2 key farm bills; papers torn by protesting opposition members
Trouble started when the sitting of the House was extended beyond the scheduled time to allow passage of the bills. Opposition members, who felt such a move should be resorted to only by consensus, rushed into the Well, shouting slogans against the government and accusing it of being anti-farmer.
- It is a landmark day: Rajnath Singh on passage of farm bills in Rajya Sabha
"With the passing of two landmark agriculture Bills in Rajya Sabha today, India has cemented the strong foundation for ‘Atmanirbhar Agriculture'," the defence minister tweeted. "This is the result of endless dedication and determination of the Govt under the leadership of PM Shri @narendramodi," he added.
- Coronavirus pandemic, Line of Actual Control tensions cast shadow on Ladakh tourism industry
The tourism industry in India and across the globe has been hit hard by the coronavirus pandemic, but the impact is felt harder in Ladakh because the tourism window here is squeezed to just a few months -- mostly from April to mid-October - due to harsh winters.
- Ahead of Market: 12 things that will decide stock action on Monday
Chandan Taparia of MOFSL said the index has to respect the immediate support at 11,450 level to witness an upmove towards the 11,600-11,650 zone, while on the downside, the next major support exists in the 11,350-11,333 zone.
- Delhi Assembly panel issues fresh notice of appearance to Facebook India VP Ajit Mohan
The final warning to the social media giant was issued by the committee chaired by Aam Aadmi Party (AAP) MLA Raghav Chadha as Mohan did not appear for his deposition during the last meeting of the panel.
- Even in pandemic, big retail jewellers add new space to spruce up businesses
Tanishq will add 35 stores, while Senco will add 20,000 square feet of retail space in FY21. Malabar is focusing more on rural areas as the jeweller feels that good rains and better kharif output will spur rural demand for gold. The jewellers have also reworked the rentals for their outlets so that it is a win-win situation for all stakeholders.
- Ads shouldn't communicate any discrimination as a result of skin colour: Ashwini Choubey in Rajya Sabha
In a written reply, Choubey said ASCI is using self-regulatory guidelines according to which advertising should not communicate any discrimination as a result of skin colour.
- Asked states to ensure swift processing of frontline health workers' insurance claims: Choubey
This central scheme provides an insurance cover of Rs 50 lakh to healthcare providers, including community health workers, who may have to be in direct contact and care of COVID-19 patients and therefore at risk of being infected.
- Record number of COVID-19 tests - over 12 lakh - conducted in 24 hours, says Health ministry
This strongly demonstrates a substantial strengthening of the COVID-19 testing infrastructure in the country, the health ministry said, underlining that India's daily testing numbers are among the highest in the world.
- Trade setup: Stay cautious till Nifty crosses past 11,430 level
Nifty not only gave up all its gains, but also slipped into the negative territory. The index came off over 100 points from the high point. However, some recovery was seen, and the headline index ended the day with a nominal loss of 11.15 points, or 0.10 per cent.
- After much fanfare over vaccine, there is now an inexplicable lull in Russia. The reasons are unknown
The Russian vaccine is one of nine candidates around the world now in the late-stage clinical trials that are the only sure means to determine whether a vaccine is effective and find possible side effects. The approval, which came with much fanfare, occurred before Russia had tested the vaccine in late-stage trials for possible side effects.
- COVID-19 provides opportunity to India, Japan to further strengthen ties: Report
"COVID-19 pandemic has provided great opportunities for the two nations and its businesses to join hands and forge a new alliance in terms of harvesting the fruits of demographic dividend that India provides, and push India towards becoming a major global manufacturing hub amidst the changing economic atmosphere," the report said.
- Watershed moment for Indian agriculture, will ensure complete transformation of sector: PM Modi on farm bills
Modi asserted, "I said it earlier and I say it once again: System of MSP will remain. Government procurement will continue.
- Thermal, coking coal imports at major ports dip 28% to 46 mn tonnes in Apr-Aug: IPA
Coal volumes at these 12 major ports under the control of the Centre declined for the fifth straight month in August 2020, as per the Indian Ports Association (IPA).
- Five states account for 60% active Covid cases, 52% new cases, 60% fresh recoveries in India
As many as 60 % of the new recoveries were reported from five states - Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Tamil Nadu - which also accounted for 52 % of the new cases, the ministry highlighted.
- Clone trains will arrive at destinations 2-3 hours before parent trains: Official
These clone trains -- primarily 3-AC trains with fewer halts, higher speeds and a departure time before the parent train -- come as a boon for the passengers who have to travel in an emergency or have made last-minute plans, the official said.
- India Inc's business sentiment recovers in July-September: CII business outlook survey
"The stellar recovery in the index has been supported by the remarkable increase in the Expectations Index (EI), which rose 46 per cent quarter-on-quarter, to the level of 55.2, as nationwide lockdown restrictions were lifted and businesses gradually began to reopen during the July-September quarter," it added.
- Espionage case against journalist Rajeev Sharma 'false', 'evidence planted': Lawyer
Senior advocate Adish Aggarwala, who is representing the journalist, alleged that the police's claim of finding incriminating evidence from his possession was "not true".