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16 Opposition parties meet in Parliament to step up attack on govt, seek discussion on Adani stock rout

At least 16 Opposition parties met on Friday morning to coordinate their strategy in Parliament and decided to step up their attack on the government, demanding an immediate discussion on the issue of Adani stock rout.The meeting came a day after they unitedly led the charge against the government over the issue and stalled both […]

Business

Meta purged over 34 mn bad pieces of content on FB, Instagram in India in Dec

Meta has said that it took down over 22.54 million pieces of content across 13 policies for Facebook and over 12.03 million pieces of content across 12 policies for Instagram in December 2022 in India.Between December 1-31, Facebook received 764 reports through the Indian grievance mechanism, and the company said it provided tools for users […]

National World

India, US keen to conclude USD 3 billion MQ-9B predator drone deal

India and the United States are keen for an early conclusion of the 30 MQ-9B predator armed drones deal at a cost of over USD 3 billion, which will help New Delhi strengthen its overall surveillance apparatus along the Line of Actual Control (LAC) and the Indian Ocean.In the works for more than five years, […]

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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 […]

Business National

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 […]