NEW DELHI: The Vidarbha Cricket Association (VCA) celebrated the remarkable achievement of its Ranji Trophy-winning team by announcing a substantial cash reward of Rs 3 crore for the players. Additionally, the support staff and some individual players were recognized with separate cash incentives for their outstanding contributions.In a significant gesture, the VCA felicitated Akshay Wakhare,…
NEW DELHI: Foreign portfolio investors (FPIs) maintained their selling streak in February, pulling out Rs 34,574 crore from Indian equities, as per data from the National Securities Depository Limited (NSDL).The sell-off was particularly strong in the final week of the month, with FPIs offloading Rs 10,905 crore worth of shares between February 24 and February…
NEW DELHI: Goods and services tax collections rose 9.1% to Rs 183,646 crore during February on the back of double-digit rise in the mop up from domestic sources. On a gross basis, GST from domestic sources, which refers to transactions within the country, rose 10.2% to Rs 1,41,945 crore, while those related to imports were…
NEW DELHI: The Enforcement Directorate (ED) has issued a show-cause notice to One97 Communications, the parent company of Paytm, over alleged violations of the Foreign Exchange Management Act (Fema) in transactions amounting to Rs 611 crore.The notice, dated Feb 27, cited alleged contraventions between 2015 and 2019 related to Paytm’s acquisition of two subsidiaries, Little…
Nirmala Sitharaman (File photo) NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday lauded the role of the Public Financial Management System (PFMS) in achieving key goals of governance, like reaching last mile benefiting 60 crore beneficiaries and direct delivery of more than 1,200 central and state schemes including 1,100 DBT schemes. Speaking at the…
DTC losses mounted by Rs 35k crore in 6 years: CAG (Pic credit: PTI) NEW DELHI: The Comptroller and Auditor General (CAG) has stated that Delhi Transport Corporation‘s cumulative losses soared from Rs 25,300 crore in 2015-16 to nearly 60,750 crore in 2021-22 as it was weighed down by dwindling fleet, with 45% of buses…
Hardik Pandya (BCCI Photo) The high-octane Champions Trophy 2025 clash between India and Pakistan at the Dubai International Cricket Stadium had no shortage of drama. While India’s clinical bowling performance put them in control before Virat Kohli‘s masterclass sealed the game, it was Hardik Pandya’s wrist — not just his lethal deliveries — that stole…
MUMBAI: Stirring controversy, transport minister Pratap Sarnaik said MSRTC is suffering losses due to the discounts given to women and senior citizens, and that no new concessions will be given from now on. “Our sisters get a 50% concession, senior citizens also get concessions for years in buses, and due to those concessions, the situation…
NEW DELHI: The metro unit of Delhi Police has recovered and returned more than 450 stolen mobile phones valued at over Rs 1 crore to their owners in 20 days, officials said on Friday. Mobile thefts constitute over 80 per cent of all crimes registered in Delhi Metro, police said. The metro unit of Delhi…
MUMBAI: The customs department stuck to its stand on its demand of Rs 12,000 crore duty from Skoda Auto Volkswagen India, saying it wants to bring the company in line with the law and with other auto importers, who are paying the same 30% duty on such imports. Additional Solicitor General N Venkatraman said the…