New Delhi: The CAG on Friday denied any malfeasance in the transfer of auditors connected with reports that unearthed alleged irregularities in the Centre’s flagship Bharatmala and Ayushman Bharat schemes, saying transfers and postings are a matter of administrative convenience, and attaching ulterior motives to these is highly presumptuous. In a statement, the Comptroller and Auditor…
New Delhi: Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business. Besides, the combined entity of Air India Express, also the country’s first international budget carrier, and AIX Connect,…
New Delhi: The CBIC on Thursday said that there is no GST on Gangajal, amid Congress claims that the government has imposed an 18 percent tax on it. “Gangajal is used in pooja by households across the country and puja samagri is exempt under GST… All these items have been exempt since the introduction of…
Mumbai: The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd for non-compliance with certain provisions, including Know Your Customer (KYC) norms. The central bank also found non-compliance with certain provisions related to ‘RBI Guidelines for Licensing of Payments Banks, ‘Cyber security framework in…
Bengaluru: The impact technology has on human activities made the Reserve Bank of India (RBI) show interest in it, the deputy governor of the central bank, T Rabi Sankar, said on Wednesday. Speaking at the grand finale of the second global hackathon, “Harbinger-2023 — Innovation for Transformation”, Sankar said fintech is transforming the financial system across…
New Delhi: As the war between Israel and Hamas grows intense, the Indian Embassy in Israel has set up a 24-hour helpline desk for the citizens stranded there and has asked them to follow the security advisories. In a post on X, the Indian Embassy in Israel has stated that it has been working constantly…
Washington: India has a high debt like that of China but the risks associated with it are not as great as that of its northern neighbour, a senior official from the International Monetary Fund has said, advising India in the medium term to have an ambitious fiscal consolidation plan that brings down deficits. “The current debt…
Toronto: A prominent Indo-Canadian community member has voiced deep concern over the “ecosystem” in Canada that has enabled Khalistan extremists to use violence, threaten and bully those opposing their “nefarious agendas’. Amidst the diplomatic standoff between Canada and India over the killing of a pro-Khalistan separatist in Surrey in British Columbia province in June, he…
Mumbai: Mukesh Ambani has raced ahead of Gautam Adani to become the richest Indian on a list of wealthiest people in the country. The 66-year-old chairman of the diversified Reliance Industries saw his wealth growing by a marginal 2 per cent to Rs 8.08 lakh crore, while Adani’s fortune plummeted by 57 per cent to Rs…
New Delhi: Karnataka Chief Minister Siddaramaiah on Monday said he has urged State Commission for Backward Classes chairperson K Jayaprakash to submit the caste census report and asserted that once that is done, his government will definitely publish the data. Asked about the matter at a press conference at the All India Congress Committee (AICC) headquarters…
