• Covid Impact: GST collection drops 12% to Rs 86,449 cr in Aug
    NEW DELHI, SEPTEMBER 1 (IANS): The Covid-19-induced shrinking of economic activity for the past few months has continued to have an impact on the government's tax collections with revenue under the Goods and Services Tax (GST) falling far below the psychological level of Rs 1 lakh crore to Rs 86,449 crore in August. This is second consecutive month of a fall in GST collections after the number crossed over Rs 90,000 crore in June. The August collection, which is 88 per cent o
  • India leads global rise in new weekly COVID-19 cases, while deaths down - WHO
    GENEVA, September 1 (Reuters): India reported the most new COVID-19 cases of any country in the past week, its nearly half a million fresh infections pushing the global tally up by 1 percent, the World Health Organization (WHO) said on Tuesday. Overall global new deaths in the past seven days fell by 3% compared to the previous week, the WHO reported, adding that overall new infections around the world rose by 1.8 million. The respiratory disease is also spreading in th
  • Ex-Finance Secy Rajeev Kumar assumes charge as new Election Commissioner
    NEW DELHI, SEPTEMBER 1 (IANS): Former Finance Secretary and retired IAS officer Rajeev Kumar on Tuesday assumed charge as the third Election Commissioner, alongside Sunil Arora, the chief of the panel, and Sushil Chandra. The Union Ministry of Law and Justice on August 21 cleared the appointment of Kumar to the post after Election Commissioner Ashok Lavasa, who is known to have had a tense relationship with the Narendra Modi government, resigned from his post with effect from August
  • Vodafone Idea shares plunge 17%, Airtel up 4% post AGR verdict
    MUMBAI, SEPTEMBER 1 (IANS): Vodafone Idea shares plunged over 17 per cent, while the stock price of Bharti Airtel surged over 4 per cent on Tuesday after the Supreme Court said that the telecom operators will have to clear their dues in 10 years time with a 10 per cent up front payment by March 31, 2021. Around 12.30 p.m., Bharti Airtel shares on the BSE were trading at Rs 537.75, higher by Rs 23.80 or 4.63 per cent from its previous close. Vodafone Idea shares on the BSE we
  • JioFiber announces 'no-condition 30-day free trial' for new customers
    MUMBAI, AUGUST 31 (IANS): JioFiber has revamped its tariff plans and has announced a 'no condition 30-day free trial' for all new customers. New JioFiber customers activating from September 1, will get the 30-day free trial. Under the unconditional free trial, customers will get 150 Mbps "truly" unlimited internet, 4K set-top box with access to top 10 paid OTT apps at no cost, free voice calling for 30 days. If the customer does not like the service during the t
  • Air travel within China almost returns to 'pre-pandemic levels'
    Beijing, August 29 (IANS): Domestic air travel in China has nearly fully recovered from the Covid-19 pandemic, according to data released by a leading travel analytics company, which predicted the Asian giant's aviation market would fully recover by the beginning of September. In the second week of August, domestic arrivals at Chinese airports reached 86 per cent of last year's levels, while flight bookings hit 98 per cent, Xinhua news agency reported on Saturday citing the
  • Special clothing, diet, shelter for 35K extra troops in Eastern Ladakh
    New Delhi, August 29 (IANS): As stand-off with China remains unresolved, the Indian Army gears up for formidable logistical challenges posed by harsh climate at heights exceeding 12,000 feet and temperature as extreme as minus 50 degrees Celsius. The force requires special clothing, diet and shelter for around 35,000 extra troops deployed in Eastern Ladakh. Most of the friction points in Ladakh like Pangong Lake and Galwan Valley where the face-offs have happened are 14,000 feet abo
  • Exams mandatory in varsities: UGC expert committee
    NEW DELHI, AUGUST 28 (IANS): The Supreme Court has ruled that final-year examinations in the universities will be held in September as it upheld the UGC circular for conducting the examinations by September 30. The apex court's decision has been welcomed by Professor R.C. Kuhar, Chairman of the UGC's expert committee that decides the rules of university examinations. He is also Vice Chancellor of Haryana Central University. The UGC committee has worked out a solution on h
  • Hundreds protest against exams in India as virus cases hit new peak
    MUMBAI, August 28 (Reuters): Hundreds of masked protesters demonstrated in major Indian cities on Friday against a government plan to hold exams for millions of students during the coronavirus pandemic, as the daily tally of infections hit a record. The health ministry reported 77,266 infections, taking the nation's tally to 3.3 million, with a toll of 61,529 deaths. India, with the most infections in Asia, has posted the highest single-day increase worldwide every day sinc
  • Third wave of IT outsourcing expected post Covid to benefit India
    NEW DELHI, AUGUST 28 (IANS): Post Covid-19, a third wave of IT outsourcing after the previous ones in the year 2000 and 2008 is expected, which would benefit Indian IT companies and tech jobs. Marquee financial services house, Goldman Sachs said in a report, "Post Covid-19, we expect a third wave of outsourcing and an increasing number of technology roles globally finding their way to India as work from anywhere becomes the new accepted norm". "With the most effici
  • Centre offers states two borrowing options in lieu of compensation cess
    NEW DELHI, AUGUST 27 (IANS): With Covid-19 disruptions making it difficult for the Centre to meet its obligation on Goods and Services Tax (GST) compensation to states this year, it has proposed two options to them to cover the compensation gap and meet their expenditure requirements. States have been given seven days time to come with their views on the options listed by the Centre, during the 41st GST Council meeting on Thursday, so that a mechanism could be put in place as an exc
  • Reliance Retail warns of action for misuse of Jiomart trademark
    NEW DELHI, AUGUST 27 (IANS): Reliance Retail has issued a strong caution notice for unscrupulous elements who are duping innocent people in the name of granting franchisee for Jiomart services. In a public caution notice, Reliance Retail said it is the registered licensee of trademarks, Jio and Jiomart, a recently launched online grocery service. "We would like to inform the public at large that we are not operating any dealership or franchisee model currently nor have we ap
  • FM hits out at opposition for politicising GST compensation issue
    NEW DELHI, AUGUST 27 (IANS): Union Finance Minister Nirmala Sitharaman on Thursday hit back at the opposition for "unnecessarily trying to politicise" the GST compensation issue when their previous government was to be blamed for "building an environment of mistrust" between the Centre and states. Reacting to charges that several states, particularly those ruled by the opposition, were blaming the Centre on going back on its commitment to pay GST compensation to
  • Punjab Police bust narco-terror racket with KLF links
    CHANDIGARH, AUGUST 26 (IANS): Punjab Police have busted an international narco-terror racket with links to the banned Khalistan Liberation Force (KLF) with the arrest of wanted heroin smuggler Rajinder Singh and a police constable who was allegedly facilitating safe movement of drugs and money during the lockdown period. Rajinder's brother-in-law has also been arrested from Uttar Pradesh for his involvement in the racket, which has been traced to the associates of the now deceas
  • Delhi riots: Sharjeel Imam sent to 4-day police custody
    NEW DELHI, AUGUST 26 (IANS): A Delhi court on Wednesday sent Jawaharlal Nehru University scholar Sharjeel Imam to four-day police custody in connection with the February Delhi riots case. On Tuesday, the Delhi Police Special Cell had arrested Imam in connection with the riots under the stringent Unlawful Activities Prevention Act UAPA). He was brought back to the capital from Assam two days earlier on a production warrant. The Delhi Police had moved an application for five-day re
  • 'Black holes': India's coronavirus apps raise privacy fears
    CHENNAI, August 26 (Thomson Reuters Foundation): Harinder Kaur was not surprised when people slammed their doors in her face as she walked into neighbourhoods in the northern state of Punjab armed with a smartphone and a long list of health and travel-related questions. The 28-year-old health worker had been told to go door-to-door in villages in Patiala district and help populate the state's COVID-19 tracing app with "thousands of details" people were unwilling to sha
  • Ex-Prez Mukherjee is in deep coma
    NEW DELHI, AUGUST 26 (IANS): Former President Pranab Mukherjee is in a deep coma and on ventilator support, the Army Research and Referral Hospital said on Wednesday. He has been hospitalized for the past 16 days and been critical following a brain surgery. The hospital authorities said, "Hon'ble Shri Pranab Mukherjee is being treated for lung infection. His renal parameters are slightly deranged since yesterday." Last week, Mukherjee's health condition deteriorate
  • India to hold national college tests despite surging virus infections
    MUMBAI, August 26 (Reuters): More than 2 million Indian students will sit for admission tests to medical and engineering schools next week, the government said on Wednesday, despite growing concern that the move could fuel a jump in coronavirus infections. India reported more than 60,000 infections, maintaining the world's highest single-day caseload since August 7, a Reuters tally showed. With 3.2 million cases, it ranks after the United States and Brazil, though its 59,44
  • Telcos lose over 56L mobile users subscribers in May: TRAI
    NEW DELHI, AUGUST 26 (IANS): The telecom industry lost around 56.11 lakh wireless subscribers in May amid the lockdown, the Telecom Regulatory Authority of India (TRAI) data reveals. The overall telecom subscriber base for wireless connections stood at over 114.39 crore in May, compared to 114.95 crore in April. Although there was an overall erosion of subscriber base, Reliance Jio continued to lead the subscription race and added over 36.57 lakh subscribers during the month unde
  • Facebook News to soon pay Indian publishers for their content
    NEW DELHI, AUGUST 25 (IANS): Facing political heat in India, the social networking giant on Tuesday said it will pay news publishers in the country soon via its Facebook News to ensure their content is available in the new product. Facebook News, that was launched in the US last year, will soon arrive in the UK, Germany, France, India and Brazil within the next six months to a year, the company announced. Campbell Brown, VP, Global News Partnerships at Facebook, said that consume