Sensex Rallies Over 200 Points; Autos, Financials Lead Gains

The domestic stock markets have opened in the green on the back of positive global cues. Wall Street had closed at new highs on Friday and early trends on SGX Nifty had indicated a gap-up opening for the markets back home. At 9:20 am, the Sensex was trading at 52,710.63, higher by 222 points or 0.47 per cent and…

At 45, BJP MLA Pushkar Singh Dhami becomes youngest Uttarakhand CM

JP’s Khatima MLA Pushkar Singh Dhami was sworn in as the 11th chief minister of Uttarakhand on Sunday. His oath of office was administered by Uttarakhand Governor Baby Rani Maurya. Dhami becomes the youngest chief minister of Uttarkhand at the age of 45, succeeding Tirath Singh Rawat who tendered his…

Decoded | Use of drones for terrorism

Pushed through in public imagination by Hollywood films and successfully used for terrorism by the Islamic State, drone terror attack made its entry in India in the early hours of Sunday. Two explosions took place at the Air Force Station in Jammu. No casualty was reported. But it is a major security breach and…

Finance Minister Sitharaman’s Rs 6.28 lakh crore Covid stimulus package | 8 announcements

HIGHLIGHTS Rs 23,220 crore has been earmarked for healthcare infrastructure First five lakh tourist visas will be issued free of cost: Nirmala Sitharaman The Finance Ministry also announced a Rs 1.1 lakh crore loan guarantee scheme for Covid-affected sectors Union Finance Minister Nirmala Sitharaman held a press…

Coronavirus Live News Updates: India Reports 48,698 New COVID-19 Cases, 1,183 Deaths In Last 24 Hours

India’s total tally of COVID-19 cases surged to 3,01,83,143 with 48,698 new infections being reported in a day, while the recoveries have crossed 2.91 crores, according to the Union Health Ministry data updated on Saturday. The death count increased to 3,94,493 with 1,183 new fatalities, the data updated at 8 am…

Tax Relief On Money Received For Covid Treatment From Employers

The government on Friday extended deadlines for various income tax compliances and said the amount paid by an employer to employees for COVID-19 treatment would be tax-exempt. Also, payment received from employer by family members in case of death of an employee due to COVID-19 would be exempt from income tax. The…

Two-Day Integrated Bilateral Exercise Between India, US Forces Concludes

The two-day integrated bilateral exercise between Indian and US Forces in the Indian Ocean Region concluded on June 24, 2021. Indian Navy along with Indian Air Force participated with US Navy Ronald Reagan Carrier Strike Group in the exercise. The exercise has been a key enabler in building interoperability and…

India Pesticides IPO subscribed 4.79 times so far on last day

The initial public offering (IPO) of India Pesticides, one of India’s leading agrochemical manufacturers, has been subscribed 4.79 times so far on June 25, the last day of the bidding process. The public issue received bids for 9.25 crore equity shares against the IPO size of 1.93 crore equity shares. The portion…

As steel prices surge, Kalyani Steels may renegotiate deals with auto makers

A lot has been happening in the metals sector globally. With Russia being a major producer and exporter of metals, recently decided to impose new export taxes on steel, copper, aluminium and nickel, starting from August 1, it could spell a lot of opportunities opening up for the rest of the world. Closer home, in the…

Gold rate today: Yellow metal trades flat; support seen at Rs 46,450 per 10 grams

Gold prices in India traded flat on the Multi Commodity Exchange (MCX) Friday tracking a subdued trend in the international spot prices.At 10:50 am, gold futures for August delivery eased 0.04 percent to Rs 46,850 per 10 grams as against the previous close of Rs 46,870 and the opening price of Rs 46,948 on the MCX.…