News

Engage all guest teachers hired in last session: Delhi govt to its schools

Business Standard - 4 hours 39 min ago
In a relief to guest teachers, the Delhi government has directed its schools to engage services of all guest teachers who had been hired in the last academic session
Categories: Business News

Media, entertainment biz to reach Rs 1,86,600 cr revenue in FY22: Report

Business Standard - 4 hours 48 min ago
The media and entertainment sector, which was badly hit due to the disruptions caused by the COVID-19 pandemic, is expected to rebound to touch a revenue of Rs 1,86,600 crore in 2021-22, due to acceleration of digital adoption among users across geographies, according to a report. The sector should recover and post a 33 per cent growth in 2021-22, following a contraction of 20 per cent in 2020-21, which still implies a loss of around two years of growth, said KPMG in India Partner and Head (Media and Entertainment) Girish Menon. He was quoting the KPMG Media and Entertainment (M&E) report, 'A year off script: Time for resilience', which examines the performance of the M&E sector during a particularly challenging period. The two areas that offer encouragement are the continued economic growth of India and the universal acceleration of digital adoption among users across geographies, he said. "As per our revised estimates, India could be home to a billion digital users by 2028 ..
Categories: Business News

India's April-Aug fiscal deficit passes 109% of full year budget target

Business Standard - 4 hours 54 min ago
The deficit is predicted to exceed 8% of GDP in the 2020/21 fiscal year that began in April, economists said.
Categories: Business News

Sebi bars four individuals in Birla Cotsyn's GDR issue manipulation case

Business Standard - 4 hours 54 min ago
Markets regulator Sebi has barred four individuals in connection with manipulation in the issuance of global depository receipts by Birla Cotsyn (India) Ltd back in 2010
Categories: Business News

Temporary retention of GST cess pending reconciliation not diversion: Finance Ministry sources

Business News From Hindu - 4 hours 58 min ago
Time taken in reconciliation of compensation receipts can’t be termed as diversion of GST cess fund when the dues to states were fully released by the Central government, sources said.
Categories: Business News

India first, tie-ups, long-term strategy will boost mfg sector: Mahindra MD

Business Standard - 5 hours 4 sec ago
Pawan Goenka Calls for plug-and-play infrastructure of the kind that Vietnam has for large-scale manufacturing
Categories: Business News

Output of 8 core infra sectors contracts 8.5% in Aug, drops for sixth month

Business Standard - 5 hours 4 sec ago
Barring coal and fertiliser, all sectors -- crude oil, natural gas, refinery products, steel, cement and electricity -- recorded negative growth in August
Categories: Business News

Crude oil futures slip marginally to Rs 2,863 per barrel on demand concerns, WTI trades below $39 a barrel

MoneyControl Business News - 5 hours 4 min ago
Oil prices might be under pressure as bleak economic outlook reflecting the resurgence of COVID-19 virus undermined the outlook for Crude. On the MCX, oil prices are expected to trade lower today, said Gupta.
Categories: Business News

Uttar Pradesh extends deadline for Noida airport pact with Swiss major

Business Standard - 5 hours 7 min ago
The new airport will be designed, developed and operated under a 40-year concession period
Categories: Business News

Forcible cremation shameful move of UP govt: Rahul Gandhi on Hathras rape

Business Standard - 5 hours 7 min ago
Congress leader Rahul Gandhi dubbed the "forcible cremation" of the Hathras gang-rape victim by police as a "shameful" move of the Uttar Pradesh government
Categories: Business News

Hathras rape: CPI(M) says 'forcible cremation of victim denial of justice'

Business Standard - 5 hours 11 min ago
The CPI(M) on Wednesday hit out at the Uttar Pradesh government stating that the burial of the gang-rape victim in Hathras without her family's consent was a "blatant denial of justice"
Categories: Business News

India, Bangladesh looking to address logistics challenges for cargo: Irani

Business Standard - 5 hours 15 min ago
Union Minister Smriti Irani said various measures are being looked atto address the logistics challenges and reduce the turnaround time for seamless movement of cargo between India and Bangladesh
Categories: Business News

I-T refunds worth Rs 1.18 lakh crore issued to 33.54 lakh taxpayers till September 29

MoneyControl Business News - 5 hours 17 min ago
The government has emphasised on providing tax-related services to the taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds.
Categories: Business News

Govt extends I-T returns deadline to Nov. 30

Business News From Hindu - 5 hours 17 min ago
The government has extended the last date for filing income tax returns for assessment year 2019-20 by another two months till November 30, 2020, citi
Categories: Business News

CBI's failure to prove Babri demolition a planned move a shame: Stalin

Business Standard - 5 hours 19 min ago
Dravida Munnetra Kazhagam President MK Stalin said the CBI failure to prove the destruction of Babri Masjid as a planned act is a shame for the country's rule of law
Categories: Business News

Tripura reports 381 fresh Covid-19 cases, state tally reaches 25,734

Business Standard - 5 hours 23 min ago
At least 381 more people tested positive for Covid-19 in Tripura on Wednesday, pushing the tally in the northeastern state to 25,734, a health department official said
Categories: Business News

Top headlines: All acquitted in Babri case, Apr-Aug fiscal deficit overruns

Business Standard - 5 hours 25 min ago
From special court acquitting all accused in Babri demolition case to General Atlantic investing in Reliance Retail, Business Standard brings you top news of the evening
Categories: Business News

Market Wrap, Sept 30: Here's all that happened in the markets today

Business Standard - 5 hours 26 min ago
BSE Sensex settled 95 points, or 0.25 per cent higher at 38,068 levels, while the Nifty50 index ended at 11,226.5 levels, up 4 points
Categories: Business News

COVID-19: Vaccine companies seek buying commitments from govt, global agencies to de-risk investment

MoneyControl Business News - 5 hours 26 min ago
Drug makers say it would help them plan better to create capacities. Three potential vaccines candidates from India -- Covishield of Serum Institute with license from AstraZeneca, Covaxin of Bharat Biotech, and ZyCov-D of Zydus Cadila -- have progressed into human trials phase.
Categories: Business News

Ladakh reports 43 fresh Covid-19 cases, tally now stands at 4,195

Business Standard - 5 hours 27 min ago
43 people have tested positive for the novel coronavirus in Ladakh, taking the infection tally in the union territory to 4,195, while 43 more patients recovered from the disease, officials said
Categories: Business News