States may have to borrow as AG says Centre not obligated to pay for GST compensation shortfall
The Attorney General has opined that the Centre has no statutory obligation to make up from its coffers any shortfall in GST revenues of states, which may now have to look at market borrowings against future revenue mop-up, sources said. The Centre had in March sought views from Attorney General KK...
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Bamboo can be main pillar of medicinal, paper industries: Jitendra Singh
31 July 2020 | PTI -
Mother Dairy enters bread segment, aims Rs 25K crore turnover by 2025
31 July 2020 | PTI -
Wipro bags multi-year deal from Metro Bank
31 July 2020 | PTI -
82% of corporates expect to get back to pre-Covid-19 revenue growth by June 2021, says report
31 July 2020 | PTI -
FMCG sales in rural mkt bounce back in Jun: Nielsen
31 July 2020 | PTI -
Sensex up 280 points; healthcare, IT stocks rise
31 July 2020 | IANS -
Sensex declines over 100 pts in early trade; Nifty slips below 11,100
31 July 2020 | PTI
SBI's Q1 profit surges 81 pc to Rs 4,189 cr
New Delhi, Jul 31 (PTI) The country's largest bank SBI on Friday posted an 81 per cent spike in standalone net profit at Rs 4,189.34 crore for the first quarter of current fiscal as bad loans declined. The lender had reported a net profit of Rs 2,312.02 crore in the April-June...
Sensex drops 129 pts; Reliance tumbles 2 pc
Domestic equity benchmark Sensex dropped 129 points on Friday, tracking losses in index heavyweights Reliance Industries and HDFC twins amid weak cues from global markets. The BSE Sensex ended 129.18 points or 0.34 per cent lower at 37,606.89, while the NSE Nifty fell 28.70 points or 0.26 per cent to 11,073.45. Reliance...
Trump floats election ‘delay' amid claims of voting fraud
President Donald Trump is for the first time floating a “delay” to November's presidential election, as he makes unsubstantiated allegations that increased mail-in voting will result in fraud. The dates of federal elections — the Tuesday after the first Monday in November — are enshrined in federal law and would require...
Judge halts immigration rule on public benefits, cites virus
A federal judge on Wednesday blocked a Trump administration rule that could deny green cards to immigrants over use of public benefits from being applied during the pandemic. The controversial guidelines had gone into effect in February, after legal challenges and amid concerns that they would have a chilling effect on...
Chinese long-range bombers join drills over South China Sea
China said on Thursday that long-range bombers were among the aircraft that took part in recent aerial drills over the South China Sea amid rising tensions between Washington and Beijing over the strategic waterway. The exercises included nighttime takeoffs and landings and simulated long-range attacks, Defense Ministry spokesperson Ren Guoqiang said. Among...
Pak court forms 2-member bench to hear Kulbhushan Jadhav's case
The Islamabad High Court on Thursday constituted a two-member bench to hear a review petition filed by the Pakistan government in the case of Indian death-row prisoner Kulbhushan Jadhav, according to the Pakistani media. The bench comprising Islamabad High Court (IHC) Chief Justice Athar Minallah and his fellow judge Justice Miangul...
4 held under new Hong Kong security law for online posts
Hong Kong police have signalled their intent to enforce a new Chinese national security law strictly, arresting four youths Wednesday on suspicion of inciting secession through social media posts. Three males and one female, aged 16 to 21, were detained, a police official said at an 11 pm news conference. All...
