Indovative Products, a Delhi-based start-up that manufactures currency packaging products, submitted its bids but was rejected on the technical ground that it lacked "past experience"

Bank Note Paper Mill

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back

Industry players say the number of demat accounts will continue to grow. However, the pace of addition may moderate.

markets, demat account

He pointed out that the year-on-year growth in September appeared somewhat "muted", primarily attributed to the substantial base effect

Auto sales continue to slide in Dec, likely to remain subdued for some time

Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year.
Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central GST was Rs 29,818 crore, State GST was Rs 37,657 crore, Integrated GST was Rs 83,623 crore (including Rs 41,145 crore collected on import of goods) and cess was Rs 11,613 crore (including Rs 881 crore collected on import of goods).
The revenue in September 2023 was 10 per cent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.
"During the month, revenues from domestic transactions (including import of services) are 14 per cent higher than the revenues from these sources during the same month last year. It is for the fourth time that gross GST collection has crossed Rs 1.60 lakh crore mark in FY 2023-24," it said.

GSTGST

The Punjab Congress has been severly critical of the Bhagwant Mann government over the arrest of Khaira alleging political vendetta by the state govt

Arvind Kejriwal

Apple is reportedly working on the fourth-generation iPhone SE, which is expected to feature a 48MP camera sensor, USB-C connector, and Action button

iPhone SE 2022

The losses from the loan portfolios won't affect UBS's third-quarter results because the impact was previously taken into account, according to Andreas Venditti, an analyst

Credit Suisse

The Delhi High Court has restrained online platforms from unauthorisedly broadcasting and streaming the upcoming ICC Men's Cricket World Cup 2023.
The court's order came on a lawsuit by Star India Pvt Ltd and Novi Digital Entertainment Pvt Ltd which operates Disney+ Hotstar platform.
The plaintiffs said they have the exclusive global media rights, including the television and digital rights for various ICC events like the World Cup, which is scheduled to be held from October 5 to November 19.
They said being one of the most popular sporting events in the world, a large number of websites were likely to indulge in unauthorised dissemination of the World Cup content.
Justice Prathiba M Singh observed that undoubtedly the World Cup cricket matches were "extremely popular, especially in the Indian subcontinent" and rogue websites, which in the past have also indulged in piracy, were very likely to continue the authorised streaming.
"Thus, there is a need to restrain any rogue websites

Gavel, law

Logistics firm DHL Express will hike the prices for parcel deliveries by an average of 6.9 per cent in India from next year as part of its annual price adjustment exercise, the company said on Friday.
Prices are adjusted on an annual basis, taking into consideration various factors, including inflation, DHL Express said.
"The average increase in India will be 6.9 per cent and it will take effect on January 1, 2024," the company said, adding that a number of services and surcharges will also be adjusted.
"Overall, the global macroeconomic situation has started to stabilize although uncertainty remains. Through these turbulent times, we deliver stable and reliable services to all our customers globally," said R S Subramanian, senior vice-president for South Asia at DHL Express.
With the annual price adjustment, the company can continue to invest in improved solutions and increase flexibility across our network, among others, he added.
Prices are adjusted on an annual basis by DHL ..

DHL, logistics, DHL express

Capital markets regulator Sebi has extended the deadline for mandatory confirmation or denial of market rumours by listed companies.
The deadline has been extended for the top 100 listed companies by market capitalisation to February 1, 2024, from October 1 this year at present, according to the latest circular by the Securities and Exchange Board of India (Sebi).
Similarly, for the top 250 listed entities, the rule will kick in on August 1, 2024, from the current requirement of April 1, 2024.
The rule is aimed at strengthening the corporate governance of listed entities.
"It has been decided to extend the effective date of implementation of...the LODR (Listing Obligations and Disclosure Requirements) rules for top 100 listed companies by market capitalisation to February 1, 2024, and for top 250 listed companies by market capitalisation to August 1, 2024," Sebi said.
Earlier in June, Sebi notified rules asking these listed companies by market capitalisation to confirm, deny, or .

SEBI

Sutirtha Mukherjee and Auhika Mukherjee's giant-slaying run ended with a historic bronze medal at the Asian Games after the Indian duo lost the closely-fought women's doubles semifinal 3-4 to North Korea here on Monday.
Sutirtha and Ayhika lost 3-4 (11-7, 8-11, 11-7, 8-11, 9-11, 11-5, 2-11) to Suyong Cha and Sugyong Pak but grabbed the bronze following a sensational victory over world champions from China on Saturday.
With the result, the Indian challenge ended at the Games. The medal came from an unexpected event with the Indian duo had earlier beating the Chinese pair of Meng Chen and Yidi Wang in the quarterfinals.
In 2018, India made history by picking up an unprecedented men's team and mixed doubles bronze.
The difference in the contest on Monday from the quarterfinal match was the fact that the North Koreans were not as troubled in the game by the anti-spin rubber of Ayhika unlike the rattled Chinese pair.
The Indians needed to sustain the attack in the last game but were no

Sutirtha Mukherjee and Auhika Mukherjee

Chief Minister Siddaramaiah said that the situation is now under control and 40 people have been arrested so far in connection with the incident

arrest

"Will never find a brother like this, you (referring to women in the program) will miss me when I am gone," CM Chouhan said

Kamal Nath, Madhya Pradesh election

State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
The PSU had produced 45.7 MT of coal in the year-ago period, Coal India Ltd (CIL) said in a BSE filing.
The company's output in the April-September period also increased by 11.3 per cent to 332.9 MT against 299 MT a year ago, it added.
CIL's offtake in September increased by 12.6 per cent to 55.1 MT compared to 48.9 MT in the corresponding month of the previous fiscal.
The offtake of the Maharatna firm in the April-September period also went up by 8.6 per cent to 360.7 MT against 332 MT in the year-ago period.
Coal offtake is the amount of dry fuel supplied from the coal pitheads.
Coal India accounts for over 80 per cent of domestic coal output.

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Sebi extends deadline for listed cos to confirm or deny market rumours

Asian Games: Sutirtha-Ayhika pair settles for historic bronze in TT

Sec 144 imposed after stone pelting during Eid Milad procession in K'taka

People will remember CM Chouhan's lies: Kamal Nath takes on BJP govt

State-owned Coal India's production rises 12.6% to 51.4 mn tonnes in Sept

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The curious case of govt-owned Bank Note Paper Mill's private status

Indians believe Rs 1.3 cr corpus is ideal for retirement: Is this enough?

In the battle of brokerages, traditional brokers are fighting back

Passenger vehicle sales race to new high, GST mop-up above Rs 1.6 trillion

Gross GST collection rises 10% to over Rs 1.62 trillion in September

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