FEB
It's taxing times for electoral bond buyers after Supreme Court's Feb verdict
More than 1,000 entities who purchased electoral bonds for political donations may now face inquiries from tax authorities regarding the deductions claimed on these contributions, following the Supreme Court's decision to invalidate the scheme in February. The Supreme Court, in its ruling on February 15, declared the electoral bond scheme unconstitutional. Since its introduction in January 2018, the scheme had amassed Rs 16,518 crore in donations for political parties.
Remember James Rodriguez?
Colombia triumphed over Paraguay with a 2-1 victory, maintaining their unbeaten streak. James Rodriguez's stellar performance contrasted with Miguel Almiron's lackluster display for Paraguay, highlighting the difference in quality between the two sides.
India to play five Tests, eight T20Is and three ODIs at home from September-February next year
India's senior men's team's schedule announced by BCCI includes five home Tests in World Test Championship calendar before facing Australia in a five-match series. They will play two Tests against Bangladesh, followed by a three-match series against New Zealand. Additionally, India will host eight T20Is and three ODIs, including a series against England in January-February. The home season starts on September 19, concluding with the Champions Trophy.
India's mineral production rises 8 pc in Feb
India's mineral output surged 8% in February. The mining index reached 139.6, up by 8%. April-February growth stood at 8.2%. Key highlights include gold production, copper conc growth, and negative growth in iron ore, lead conc.
India's infrastructure output slows down to 5.2% in March as against 7.1% in Feb
India's eight core sectors saw an annual growth rate of 5.2% in March, with production in cement, coal, electricity, natural gas, steel, and crude oil showing positive growth.
RBI's dollar purchases in Feb highest since June 2021
In January, the RBI had net purchased $1.9 billion in the spot market, the central bank's April 2023 Bulletin showed. In February, the RBI did not sell US dollars in the currency market.
- Go To Page 1
Byju’s pays part of March salaries to employees, yet to clear Feb payouts
Byju's CEO covers March salaries with personal debt. Blocked rights issue, $200 million raised earlier. Investors like Prosus, General Atlantic, Sofina involved in NCLT case. Partial payouts made on April 20.
These 6 stocks featured in profiles of 25 more MFs in March compared to Feb
Mutual funds (MFs) showed a bullish sentiment towards Indian equities in March, as indicated by their combined net investments of approximately Rs 44,233 crore. ETMarkets analysis highlighted that six stocks were added to the portfolios of 25 more MF schemes in March compared to February. Among these, three stocks have delivered returns exceeding 20% in the current calendar year, while the rest remained either stagnant or experienced negative performance. (Data Source: ACE MF | ACE Equity)
Number of telecom subscribers grows marginally to 119.7 cr in Feb: TRAI
India's telecom subscribers increase to 1.197 billion in February 2024, with urban and rural areas showing growth. Broadband subscriptions also rise to 916.7 million, with Reliance Jio leading. All circles see growth in wireline and wireless segments. BSNL, MTNL, and APSFL hold a significant share in wireline market. Mobile number portability requests reach 115 million.
US highlights irregularities in Feb 8 polls in Pakistan
The US has expressed concerns about irregularities in Pakistan's recent general elections. Assistant Secretary of State Donald Lu highlighted issues such as restrictions on freedom of expression and attacks on media workers. Despite these concerns, Lu acknowledged positive aspects of the elections, including increased participation of women and minority groups. The US reiterated its commitment to supporting Pakistan's democratic institutions and countering terrorist threats. The elections resulted in a coalition government led by the Pakistan Muslim League-Nawaz and the Pakistan Peoples Party, a move contested by Imran Khan's Pakistan Tehreek-e-Insaf party, alleging vote rigging.
Work demand under NREGS drops in Feb
Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) saw a slight decrease in February compared to the previous year, marking the fourth consecutive month of moderation. Approximately 26.21 million individuals sought work last month, slightly lower than the 26.23 million in the same period last year. However, the number of households demanding work increased marginally to 21.21 million from 21.14 million. This trend coincides with the broader economic recovery, as the economy is expected to grow at a higher rate of 7.6% in 2023-24, up from 7% the previous year.
NMDC iron ore output grows 13 pc in April-Feb; sales surge 21 pc
NMDC, the country's largest iron ore mining company, reported a 13% increase in iron ore production to 40.24 million tonnes during the April-February period of the 2023-24 fiscal. However, production in February fell by 12% compared to the same month last year.
Feb Auto Sales: Here's what to expect from Maruti, Tata Motors & other top automakers
Strong double-digit year-on-year (YoY) growth in Feb 2024 is likely for 2W wholesale volumes due to good demand (retails up ~10%) and a favourable base. PV volumes are likely to have grown at a healthy pace led by positive retail trends (retails up ~4%) and inventory build. CVs, though, are likely to have slid in single digits due to weak LCV volumes and a high base. Tractors are likely to have declined by low double digits due to the festival timing and challenges in the west/south. In the near term, the high base would lead to muted CV and tractor growth. Here's a look at auto sales expectations for top automakers in February. (Data Source: Anand Rathi)
Pakistan Tehreek-e-Insaf urges IMF to audit Feb 8 elections before talks with govt over bailout package
While addressing a press conference in Islamabad on Wednesday, PTI leaders Barrister Gohar Ali Khan, Omar Ayub, Meher Bano Qureshi, and Muzammil Aslam have revealed details regarding PTI's letter to IMF.
Born on February 29? 'Leap Year Babies' tend to be stable, practical & orderly
While their birthdays may come once every four years, people born on February 29, possess a number of unique qualities that makes them a formidable employee and a desirable partner! Stable, poised and elegant, these folks can meet any challenges head on!
Zydus Lifesciences' Rs 600 crore buyback offer to open on Feb 29
Zydus Lifesciences on Tuesday said its offer to buy back 59.7 lakh shares at Rs 1,005 apiece, aggregating to Rs 600 crore, will open on February 29. The share repurchase programme will close on March 6, 2024, the drug firm said in a regulatory filing.
Telangana govt to launch two 'poll guarantees' on Feb 27, Priyanka Gandhi to attend
The supply of LPG cylinders for Rs 500 and free power supply of up to 200 units to white ration card holders would be started on February 27, he said. "Smt Priyanka Gandhi ji is also going to attend the programme," he added.
These areas in Hyderabad to face water shortage on Feb 22nd
Scheduled maintenance work on the 132 KV Kandi-Peddapur feeder on February 22 will lead to water supply disruptions in certain areas of Hyderabad. Residents should prepare for partial interruptions, with some areas facing complete disruption. The affected areas include Sheikpet reserve, Borabanda reserve, Lingampa reserve, and others. Residents are advised to make necessary arrangements during the maintenance period.
Budget session of Uttarakhand assembly to begin on Feb 26
The budget session of the Uttarakhand assembly will be from February 26, according to a notification issued on Tuesday. The session will start with the governor's address and the state's annual budget is likely to be laid on the second day of the session on February 27, it stated.
Rajya Sabha Elections: BJP names two candidates from Rajasthan ahead of Feb 27 polls
The BJP has announced two candidates for the upcoming Rajya Sabha polls in Rajasthan, excluding outgoing MP Bhupender Yadav. The Congress is yet to declare a candidate. The BJP is expected to secure both seats, while the Congress has the numbers to win one. Elections for 56 Rajya Sabha seats across 15 states are scheduled for February 27. The BJP has named 14 candidates so far, with more to be announced in the coming days. Several BJP ministers whose terms are ending in the Rajya Sabha may be fielded in the general elections.
Gearing up for LS polls, Telangana BJP decides to conduct 'yatras' from Feb 20 to Mar 1
Telangana BJP plans roadshows covering Mahabubnagar, Nagarkurnool, and Nalgonda. The mass-contact program will cover all 17 Lok Sabha constituencies, 33 districts, and all mandal headquarters in the state.
Budget session to be extended by a day till Feb 10
Budget session of Parliament extended till Saturday, alongside plans to present a 'white paper' analyzing Indian economy pre and post-2014. Finance Minister Nirmala Sitharaman hints at economic progress since 2014, emphasizing the need to learn from past mismanagement. Extension reflects government's commitment to transparent economic evaluation.
Paytm Payments Bank: India's startup rockstar, Paytm CEO Sharma, battles regulatory crisis
Vijay Shekhar Sharma, India's startup king, faces a crisis as investors plunder Paytm's valuation due to regulatory action by the central bank, threatening significant business disruptions. Sharma aims to restore investor confidence and keep operations running. Paytm's valuation has crashed after its IPO, and analysts say the company needs to restore credibility. Sharma's ambitions and the demonetisation move in 2016 transformed Paytm into India's premier digital payments platform. Despite the challenges, Sharma remains undeterred and committed to serving the nation. The future of Paytm's expansion plans and customer retention are uncertain due to the regulatory roadblock.
Load More
