Page 187 - Latest News
I-T dept seized assets worth over Rs 4,800 crore in last 4 fiscals: Govt
Assets worth more than Rs 4,800 crore were seized during searches conducted by the Income Tax department against 2,841 groups in the last four financial years, the government informed Lok Sabha
 "I-T dept seized assets worth over Rs 4,800 crore in last 4 fiscals: Govt")
Opec-plus cut weighs on OMC shares, BPCL and HPCL shed over 4% each
Analysts said Street is worried that sustained oil price hike could put pressure on OMC margins as govt may not pass the entire burden on to customers
 "Opec-plus cut weighs on OMC shares, BPCL and HPCL shed over 4% each")
NASA's first moon crew in 50 years includes 1 woman and three men
NASA on Monday named the four astronauts who will fly to the moon by the end of next year, including one woman and three men
 "NASA's first moon crew in 50 years includes 1 woman and three men")
Rupee weakens against dollar after OPEC+ supply cut, recovers later
According to a UBS India report, the rupee is likely to strengthen as the current account gap is expected to narrow in FY24
 "Rupee weakens against dollar after OPEC+ supply cut, recovers later")
HDFC Bank records 16.9% increase in credit growth at Rs 16 trillion
Corporate and other wholesale loans rose around 12.5 per cent over March 31, 2022 and around 4.5 per cent over December 31, 2022, it said
 "HDFC Bank records 16.9% increase in credit growth at Rs 16 trillion")
161.34 sq km of land available with Archaeological Survey of India: Govt
In addition to the regular watch and ward staff, private security personnel, state police guards and CISF have also been provided for the safety and security of selected monuments, he said
 "161.34 sq km of land available with Archaeological Survey of India: Govt")
Complying with Sebi's new rules will be challenging, onerous: AIF industry
Some believe alternative investment funds may face teething issue but the regulatory changes will eventually improve governance
 "Complying with Sebi's new rules will be challenging, onerous: AIF industry")
CBI's key responsibility is to free India from corruption, says PM Modi
Building a developed India is not possible without professional and efficient institutions and the CBI therefore has a huge responsibility, Prime Minister Narendra Modi said on Monday.
 "CBI's key responsibility is to free India from corruption, says PM Modi")
GHCL completes demerger of its spinning business into GHCL Textiles
Chemicals major GHCL has completed the demerger of its spinning business into GHCL Textiles
 "GHCL completes demerger of its spinning business into GHCL Textiles")
'Rojgar Mela' to be organised in Delhi for labourers: Minister Raaj Anand
He also instructed the officials to streamline the pension claim process for the labourers and to regularise the labour laws for the safety, health and working conditions of the workers
 "'Rojgar Mela' to be organised in Delhi for labourers: Minister Raaj Anand")
Covid-19: Masks mandatory in Haryana for health workers, says Anil Vij
Amid an increase in Covid cases in some parts of the state, Haryana Health Minister Anil Vij said that wearing masks will be made mandatory for all health workers
 "Covid-19: Masks mandatory in Haryana for health workers, says Anil Vij")
Tata Steel subsidiary Tinplate Company set for Rs 2,000 crore expansion
TCIL's current capacity is 415,000 tonnes; first phase of expansion, which involves an investment of Rs 2,000 crore, would add another 300,000 tonnes
 "Tata Steel subsidiary Tinplate Company set for Rs 2,000 crore expansion")
Vedanta unit's ability to raise loans reduces liquidity risk for group: S&P
Natural resources group has debt servicing obligations of about $3 bn
 "Vedanta unit's ability to raise loans reduces liquidity risk for group: S&P")
Shakib Al Hasan opts out of IPL, Kolkata Knight Riders to seek replacement
Bangladesh captain Shakib Al Hasan reportedly informed his IPL franchise Kolkata Knight Riders about his unavailability for the entire ongoing season due to international commitments
 "Shakib Al Hasan opts out of IPL, Kolkata Knight Riders to seek replacement")
Meesho building portfolio to tap next billion users: CXO Utkrishta Kumar
Meesho competes with players such as Walmart-owned Flipkart, Amazon and Reliance's JioMart
 "Meesho building portfolio to tap next billion users: CXO Utkrishta Kumar")
China backs Putin's foreign policy; plans to boost ties with Russia, India
China responded positively to Russia's new foreign policy concept, saying Beijing, Moscow and New Delhi are emerging major powers with notable influence and it was ready to boost ties with them
 "China backs Putin's foreign policy; plans to boost ties with Russia, India")
Modi praising CBI as it is dancing to his tune, targeting his rivals: AAP
The Aam Aadmi Party alleged that Prime Minister Modi is heaping praise on the CBI after calling it the Congress Bureau of Investigation in the past as the probe agency is now dancing to his tune
RCap auction postponed to April 11 even as Torrent pursues litigation
Lenders fix Rs 9,000 cr as floor price; Torrent may participate, but it will be subject to SC decision on its petition, which will be heard in August
 "RCap auction postponed to April 11 even as Torrent pursues litigation")
UK PM Rishi Sunak creates new taskforce to go after 'vile' child abusers
The Opposition Labour Party has warned the government against overly focussing on the ethnicity of the grooming gangs
 "UK PM Rishi Sunak creates new taskforce to go after 'vile' child abusers")
Surprise oil output cut by OPEC+ to delay price revision in India
Petrol and diesel prices have been on a freeze for almost a year now. Petrol costs Rs 96.72 per litre in the national capital and diesel comes for Rs 89.62 a litre
 "Surprise oil output cut by OPEC+ to delay price revision in India")