NATIONAL NEWS NEWS CATEGORIES 

Petrol, diesel to be costlier; tax on super-rich, gold imports

Finance Minister Nirmala Sitharaman Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.Presenting the maiden budget of Modi 2.0 government in Lok Sabha, Sitharaman, the first full-time woman Finance Minister, proposed measures to ease liquidity crisis facing shadow banking sector (NBFCs) and providing Rs 70,000 crore capital to public sector banks while…

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LEGAL NEWS NEWS CATEGORIES 

HC dismisses plea seeking SIT probe into attack on temple in walled city

The Delhi High Court Friday dismissed a PIL seeking SIT probe into the attack on a temple in the walled city here, saying that the police was already taking action and nothing can be done overnight.A bench of Chief Justice D N Patel and Justice C Hari Shankar said the petitioner in the instant matter expected the culprits behind the June 30 incident to be arrested overnight and observed that the expectation was “too high”.The court said that three FIRs were already registered in connection with the incident and investigation…

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NATIONAL NEWS NEWS CATEGORIES 

Economic Survey pegs economic growth at 7 pc for FY20

The government Thursday pegged the growth rate for the current fiscal at 7 per cent, marginally up from the five-year low of 6.8 per cent recorded in the previous fiscal. According to the Economic Survey for 2018-19, tabled by Finance Minister Nirmala Sitharaman in the Rajya Sabha, “real GDP growth for the year 2019-20 is projected at 7 per cent reflecting a recovery in the economy after a deceleration in the growth momentum throughout 2018-19.” The fiscal deficit estimate for 2018-19 has been retained at 3.4 per cent of the…

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NEWS CATEGORIES SPORTS 

Pakistan eye freak result against Bangladesh for improbable semifinal spot

Their semifinal chances reduced to just a mathematical possibility, former champions Pakistan will need an improbable win over Bangladesh to have a shot at making the semifinals of the World Cup when the two sides clash here on Friday. Pakistan’s resurgence in the World Cup looked eerily close to the 1992 Cup-winning edition before India’s loss to England dented their hopes of a semifinal spot and when New Zealand went down to the hosts last night, it was almost over for them. The road to the knockout stage for Sarfaraz…

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BUSINESS NEWS CATEGORIES 

Banks see whopping 73% spike in frauds at Rs 71,543 cr in FY19

Banks have reported a massive 73 percent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said Thursday. Till March 2019, the top five, 10 and 100 cases of frauds cumulatively reported constituted 24 percent, 34 percent and 70 percent of all frauds, respectively, a chief general manager with the RBI Jayant Dash said. In FY18, the banks had reported frauds worth Rs 41,167 crore, he added. “Total value involved in these frauds reported by the RBI-regulated entities during FY19 amounted to Rs…

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NEWS CATEGORIES SPORTS 

Gambhir lambasts selection panel after Rayudu calls it a day

West Former India opener Gautam Gambhir Wednesday blasted the MSK Prasad-led senior selection panel after middle-order batsman Ambati Rayudu decided to retire from all forms of cricket, saying the five selectors combined would not have made the runs Rayudu has scored in his career. Ignored for the ongoing ICC World Cup Rayudu announced his retirement from all forms of the game without specifying his reasons for calling it quits in his email to the Board of Control for Cricket in India.”According to me, the selectors have been a complete disappointment…

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NEWS CATEGORIES WORLD NEWS 

Trump touts July 4 military ‘salute’; critics see politics

President Donald Trump marshaled tanks, bombers and other machinery of war on Tuesday for a Fourth of July celebration that traditionally is light on military might, while critics accused him of using America’s military as a political prop.Under White House direction, the Pentagon was scrambling to arrange for an Air Force B-2 stealth bomber and other warplanes to conduct flyovers of the celebration on the National Mall. There will be Navy F-35 and F-18 fighter jets, the Navy Blue Angels aerial acrobatics team, Army and Coast Guard helicopters and Marine…

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ENTERTAINMENT NEWS CATEGORIES 

My enemies keep exposing themselves: Kangana

Kangana Ranaut says rather than her working to expose people, it is her enemies who keep doing the job for the actor.Over the years, the actor has publicly called out prominent people from Bollywood, including Karan Johar, Ranbir Kapoor and Alia Bhatt among others, over issues ranging from nepotism to lack of political temperament. Kangana has also been in a widely reported public spat with actor Hrithik Roshan. Asked if she would be exposing more people, the actor said she has a different take on it. “It isn’t that I expose anyone, sometimes…

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NATIONAL NEWS NEWS CATEGORIES 

India asked Pak to take steps to protect and promote its minority community: MEA

India has asked Pakistan from time to time to take steps to protect and promote safety, security and well-being of its minority community, the Ministry of External Affairs (MEA) said on Wednesday.Replying to a question in Lok Sabha, Minister of State for External Affairs V Muraleedharan said it is the responsibility of the Pakistani government to discharge its constitutional obligations towards its citizens, including those from the minority communities. “Based on reports of atrocities on minorities in Pakistan, the government has, from time to time, taken up the matter with the…

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BUSINESS NEWS CATEGORIES 

Sensex, Nifty end marginally higher; bank stocks gain

Equity benchmarks Sensex and Nifty ended modestly higher Wednesday after a volatile session as investors looked ahead to the Union Budget for further cues.Extending its gains for the third session, the 30-share BSE Sensex settled 22.77 points, or 0.06 per cent, higher at 39,839.25. Similarly, the broader NSE Nifty edged up 6.45 points, or 0.05 per cent, to 11,916.75.Investors are keeping their powder dry ahead of Budget 2019-20, to be presented Friday, and are expecting measures to spur growth and revive demand, traders said.Risk sentiment was also affected after data…

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