Those who are investing in foreign stocks, mutual funds, or cryptocurrencies abroad will have to pay more TCS if they spend beyond Rs 7 lakh  in a financial year.

mutual fund

Bharti Airtel on Saturday announced it has garnered over 50 million 5G customers on its network - a feat achieved within one year of the launch of Airtel 5G Plus.
The Sunil Mittal-led telecom company also said Airtel 5G Plus services are available across all districts in the country.
"Airtel continues its 5G growth streak with 50 million unique customers on its network," the company said.
Making it one of the fastest rollouts in the country, Airtel 5G Plus is available across all the 28 states and 8 union territories.
Randeep Sekhon, Chief Technology Officer (CTO) of Bharti Airtel said the telco is thrilled at the speed of adoption of 5G by millions of customers and added "we are reaching this milestone earlier than planned".
"This marks a big expansion of Airtel's 5G coverage going from 1 million in October of 2022 to 50 million in just 12 months of the launch. The expansion continues at full speed and I am sure, we will continue to rapidly multiply as we work towards nationwide

Airtel 5G, Airtel

The Indian Railways utilised 59 per cent of its total capital expenditure in the first six months of the financial year 2023-24, Railways Minister Ashwini Vaishnaw said on Saturday.
This was made possible as the railways carried out 38 structural and procedural reforms in these six months, which helped improve its overall performance, he told reporters.
"Our total budget for 2023-24 is Rs 2.4 lakh crore, out of which we have already spent Rs 1.4 lakh crore in the first half of the current financial year. This is 59 per cent of the total budget," Vaishnaw said.
On the structural reforms carried out by the railways, he said the whole system of project execution, its finance and monitoring process have been revamped to bring in transparency and quality control.
The Item Rate Contract system has been changed to Engineering, Procurement, and Construction (EPC) contracts, which is better and more accountable, he added.
"Earlier, detailed project reports (DPRs) were made, which was more 

Union Railways minister Ashwini Vaishnaw

The Afghanistan Embassy here announced Saturday night that it is ceasing its operations from October 1, citing a "lack of support from the host government", failure to meet expectations in serving Afghanistan's interests, and reduction in personnel and resources.
In a statement, the Afghanistan Embassy in New Delhi said it regrets announcing the decision to cease its operations, effective October 1, 2023.
"It is with profound sadness, regret, and disappointment that the Embassy of Afghanistan in New Delhi announces this decision to cease its operations," the statement said.
The embassy said that this decision, while deeply regrettable, was made after careful consideration, taking into account the historic ties and long-standing partnership between Afghanistan and India.
The embassy statement also listed key factors affecting its ability to continue the mission effectively and said that they were the primary reasons for the "unfortunate closure".
The embassy cited a "lack of suppor

Afghanistan Flag

The hike in prices is likely to hurt consumers as the gas distribution companies are expected to increase prices of CNG and PNG

natural gas pipeline

An era of agricultural research, education and extension marked by disruptive innovations has come to an end with the death of MS Swaminathan, Indian Agricultural Research Institute (IARI) Director A K Singh said on Thursday.
Renowned agricultural scientist Swaminathan (98), also known as the father of Green Revolution in India, died on Thursday in Chennai due to age-related illness. He is survived by three daughters.
"In passing away of Prof. Swaminathan, ends an era of agricultural research, education and extension that was full of disruptive innovation. If God appears to poor and hungry in form of bread as said by Mahatma Gandhi, that God is Dr. Swaminathan who should be worshipped by every citizen while taking daily meals," Singh said in a statement.
The celebrated agriculture icon was being treated for age-related illness for quite some time, M S Swaminathan Research Foundation sources said.

M S Swaminathan

China's ambassador to Australia on Thursday criticised Australian politicians who visit Taiwan, saying they are being utilized by separatists on the self-governing island.
Ambassador Xiao Qian was commenting in Sydney after an Australian parliamentary delegation visited Taiwan this week, and as a former prime minister plans to deliver a speech in Taipei next month. China considers Taiwan to be part of its territory.
Xiao said Australian parliamentarians and former prime ministers who visit Taiwan carry political significance.
It might be easily utilised by the political forces in Taiwan for their independent forces movement, for their secession movement, and I don't want to see that happen, Xiao told reporters.
I hope they will stick to the one-China policy' in words and indeed, refrain from engaging with Taiwan in whichever form or capacity so that they will not be politically utilized by people in the island with political motives, Xiao said. The one-China policy holds that the .

Taiwan

Fintechs, banks and non-bank financial companies (NBFCs) will have to redraw their contracts with their business partners with whom customer data gets shared

FinTech

M S Swaminathan was instrumental in developing high-yielding varieties of paddy that helped ensure India's low-income farmers produce more yield

FMCG maker Procter & Gamble India on Thursday announced a Rs 300 crore fund to collaborate with external partners and innovators for co-creating solutions for a modern supply chain ecosystem.
P&G Supply Chain Catalyst Fund will provide an opportunity to startups and innovators to collaborate with Procter & Gamble (P&G) India on customising business solutions, accelerating its journey towards Supply 3.0 initiatives, said a statement from the company.
This is a part of Rs 1,800 crore committed in business solutions through vGROW, in which the maker of brands like Gillette, Whisper, Vicks is investing in small businesses, individuals and large organisations offering innovative solutions.
"The announcement is in line with the Prime Minister's Gati Shakti initiative, which is an endeavour towards multi-modal connectivity in the country that will enhance seamless movement of goods and services through targeted interventions," the statement said.
Commenting on the ...

p&g, Procter & Gamble, tide

The number of resolutions of stressed assets under the insolvency law is likely to touch 300 this year, IBBI Chairperson Ravi Mital said on Sunday and urged resolution professionals to speed up the cases.
Creditors have recovered around Rs 3 lakh crore through the Insolvency and Bankruptcy Code (IBC) and the recoveries stood at more than Rs 51,000 crore last year, when the number of resolutions rose 80 per cent to 180, Mital said.
He was speaking at an event to mark the seventh annual day of the Insolvency and Bankruptcy Board of India (IBBI) in the national capital.
The IBBI is a key institution in implementing the IBC.
Mital said the IBC is a factor in the reduction of non-performing assets and emphasised that the law is not a recovery mechanism but a resolution mechanism.
Till August this year, 135 resolutions have happened and the number is likely to touch 300 by year-end, Mital said and asked resolution professionals to increase their speed for faster resolutions.
Corporate 

insolvency

Cleanliness drives are the need of the hour to keep the environment neat and clean, Union Minister Anurag Thakur said on Sunday and urged people to take active part in the 'Swachhta Abhiyaan'.
The Swachhta Abhiyaan in Hamirpur started from Deotsidh, the seat of Baba Balak Nath, an incarnation of Lord Shiva.
Thakur also took part in the Vishva Hindu Parishad's Shaurya Jagran Yatra in Deotsidh. The yatra will criss-cross the district in five days.
He hailed the Vishva Hindu Parishad and the Bajrang Dal for taking out these yatras ahead of the inauguration of the Ram temple in Ayodhya.
"Lord Ram is the symbol of courtesy and virtue, a man of values and morals. Ramchandra is 'maryada purushottam', which means the perfect man. Lord Ram is considered to have taken birth on the earth to destroy the evil forces of the age," he said.
Speaking at a district-level youth festival in Una on Saturday, he said India is heading towards becoming self-reliant in every sphere.
Youth festivals are b

Anurag Thakur

People from all walks of life, from politicians to students, participated in an hour-long "shramdaan" on Sunday, responding to Prime Minister Narendra Modi's appeal for a nationwide cleanliness drive.
According to the Union Housing and Urban Affairs Ministry, more than 9.20 lakh sites across the country have been adopted for the mega drive.
In a recent episode of "Mann Ki Baat", Modi appealed for "one hour of shramdaan for swachhata" on October 1 by all citizens and said it would be a "Swachhanjali" to Mahatma Gandhi on the eve of his birth anniversary.
Wielding a broom, Union Home Minister Amit Shah participated in a cleanliness drive in Ahmedabad. BJP chief JP Nadda also took part in the drive in Delhi's Jhandewalan area.
Taking part in the "shramdaan (voluntary labour)", Union Power Minister RK Singh told reporters, "We (Centre) have taken a resolve to make the country clean. It is a big challenge but we will do it."
Union ministers and BJP leaders across the country grabbed br

Swachh Bharat to external debt: Here're key points to know about Eco Survey

Indian athlete Jyothi Yarraji failed to qualify for the final of the women's 200m event after she finished third in her heat with timings of 23.78 seconds at the Hangzhou Asian Games on Sunday.

Jyothi Yarraji smashed the women's 100m hurdle national record for the second time in less than two weeks while winning the event at the Loughborough International Athletics Meet in the UK. (Photo: Twitter/@SportsIndia3)

Jyothi Yarraji

Seasoned Jyothi Surekha Vennam edged out her South Korean rivals to top the qualification, while world champion Aditi Swami secured the fourth spot to also make the cut, and power India to grab the top-seeding in the women's compound archery at the Asian Games here on Sunday.
As action got underway in the discipline in the continental showpiece, the script unfolded as per expectations with the Indians dominating the compound section.
The country also had an inspiring show in the Olympic-discipline recurve section, where veteran Atanu Das finished fourth, while promising youngster Dhiraj Bommadevara was the next best Indian at sixth spot to make the cut in the men's section.
As a result, the Indian men's recurve team qualified as the third seeds with 2022 points. Recurve heavyweights South Korea topped the qualifiers with 2048 points, while Chinese Taipei (2030) took the second spot in the standings.
The women's recurve and men's compound qualifiers are slated in the second-half of

Indian compound archery team beat Mexico in the final to win gold at World Championship. Photo: World Archery

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Resolutions under insolvency law likely to touch 300 this year: IBBI chief

Cleanliness drive need of hour: Anurag Thakur urges people to take part

People respond to PM Modi's appeal, participate in cleanliness drive

Asian Games 2023: Yarraji fails to qualify; Borgohain in semi-final of 200m

Asian Games 2023: Jyothi, Aditi power India to top-spot in women's compound

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How 20% TCS will impact your foreign stock holdings, crypto from October 1

Airtel hits 50 mn 5G customers, says services now span all districts

Railways utilised 59% of its capex in first 6 months of 2023-24: Vaishnaw

Afghan embassy in India announces shut down of operations from Oct 1

Govt hikes domestic natural gas prices to $9.20 per mmBTu from Oct 1

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