National

Booked under UAPA, Kerala journalist Siddique Kappan walks out of UP jail

Kerala journalist Siddique Kappan – who was booked by the Uttar Pradesh goverment under the Unlawful Activities Prevention Act (UAPA) after being arrested while on his way to cover the Hathras gangrape in 2020 – has been released from jail after he was granted bail. “I have come out of jail after 28 months. I […]

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Adani crisis: Oppn seeks probe into LIC, banks exposure ‘endangering savings’

Both Houses of Parliament were adjourned till 2pm on Thursday amid disruptions over the Opposition’s demand for debate on public sector investments in “companies losing market value”, an apparent reference to beleaguered Adani Group. Congress president and leader of Opposition in Rajya Sabha Mallikarjun Kharge had sent a formal letter to the chairman of upper […]

National

Budget Session: Opposition parties decide to jointly raise Adani Group crisis in Parliament

Leaders of several Opposition parties met in the Parliament complex on Thursday morning to evolve a joint strategy to take on the central government during the Budget Session and decided to seek a discussion on the Adani Group issue.Leaders of like-minded parties met in the chamber of Leader of Opposition in the Rajya Sabha, Mallikarjun […]

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Adani Group shares plunge after botched $2.5 billion share sale

Shares in Adani group of companies plunged on Thursday after Gautam Adani-led conglomerate shelved a $2.5 billion share sale amid a turbulent market, citing the need to insulate investors from potential losses.Total losses in stocks of 7 listed Adani group companies have hit $100 bln since Hindenburg report. Adani on Wednesday called off the share […]

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Gautam Adani says FPO withdrawn due to market volatility

Billionaire Gautam Adani has said the decision to withdraw a fully subscribed share sale of the flagship firm of his group was primarily because of volatility in the market.Adani Group company stocks have lost over US$ 90 billion in value since a US short seller made damning allegations. Adani Enterprises Ltd’s Rs 20,000 crore follow-on […]

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Budget 2023: No income tax up to ₹7 lakh, revised tax slabs for new regime

There will be no income tax up to ₹7 lakh in the new tax regime, announced Union finance minister Nirmala Sitharaman in the Union Budget 2023 on Wednesday. “The government proposes to increase income tax rebate limit from ₹5 lakh to ₹7 lakh in the new tax regime,” said Sitharaman. Finance Minister announced Mahila Samman […]

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Visakhapatnam will be new Andhra Pradesh capital: CM Jagan Reddy

Visakhapatnam will be Andhra Pradesh’s new capital, chief minister YS Jagan Mohan Reddy said Tuesday afternoon as he pitched for investment in the coastal city. At an event in Delhi the YSR Congress chief said: “… I invite you to Visakhapatnam, which is going to be our capital in the days to come. I myself […]

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Economic Survey pegs GDP growth at 6.5% in real, 11% in nominal terms in 2023-24

India’s GDP will grow at a baseline value of 11% in nominal terms and 6.5% in real terms in 2023-24, according to the 2022-23 Economic Survey, which was tabled in Parliament on January 31. The survey, which pegged real growth in the rage of 6-6.8% depending on downside and upside risks, underlined the fact that […]

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7-year-old girl accidentally hangs self while playing with sari in Madhya Pradesh

A seven-year-old girl allegedly hanged herself accidentally while playing with a piece of saree in Madhya Pradesh’s Anuppur district, police said on Tuesday.The incident took place in Pakaria village on Monday when the girl was playing outside her home while her mother was working inside, Kotma Police Station in-charge Ajay Baiga said. According to statements […]