Govt to decriminalise Income Tax Act, PMLA

New Delhi/Chennai (IANS) The NDA government is moving to decriminalise the Income Tax Act and the Prevention of Money Laundering Act (PMLA) as part of steps towards restoring business confidence.

These are among the steps being taken to catapult…

Heroin worth approx Rs 100 cr seized in Kolkata

Kolkata (IANS) In a major drug haul by Kolkata Police, heroin worth between Rs 75 crore to Rs 105 crore in the international market, was seized early on Tuesday and two persons were arrested, a senior officer said.

Acting on a tip off, the…

IMF's Gopinath projects economic recovery for India in 2020-21

United Nations (IANS) The International Monetary Fund, which sharply cut India's growth rate, is projecting a recovery in 2020-21, the organisation's Chief Economist Gita Gopinath said on Monday.

The recovery "should come from the…

Sensex slips 120 points in early trade

Mumbai (IANS) The benchmark Sensex declined 120 points during the early trade on Monday owing to the selling in heavyweights.

Reliance Industries, HDFC Bank and TCS fell over 1 per cent on the NSE. Besides, the market breath was also negative…

India tests submarine-launched ballistic missile

New Delhi (IANS) The test fire of 3,500-kilometre range ballistic missile known as K-4 from a nuclear capable submarine was successful, sources in Defence Research and Development Organsiation (DRDO) said on Sunday.

The missile developed by…

As 'ekadashi' sets in, Nadda to replace Shah by afternoon

New Delhi (IANS) Just ahead of Delhi election and as the "ekadashi" sets in, the "world's largest political party" - BJP will have a new President on Monday by 2.30 p.m., bringing an end of Amit Shah era. Party Working President Jagat Prakash…

3 terrorists killed in encounter in Shopian, J&K

Srinagar (IANS) Three terrorists were gunned down by security forces in an encounter in Kashmir's Shopian district on Monday.

One of the terrorists killed has been identified as Adil Sheikh, responsible for looting eight weapons from the…

Delhi court convicts 19 in Bihar shelter home case

New Delhi (IANS) The Saket court in Delhi on Monday convicted 19 accused, including high-profile Brajesh Thakur, in connection with the alleged sexual and physical assaults on girl inmates at a shelter home in Bihar's Muzaffarpur district.

SC rejects plea on Nirbhaya case convict's juvenile status

New Delhi (IANS) The Supreme Court on Monday rejected a petition of Nirbhaya case convict Pawan Gupta regarding his alleged juvenile status, pointing out that the plea had already been rejected by subordinate courts.

A bench headed by Justice…

Budget 2020 may push back fiscal deficit MTFP target

New Delhi (IANS) The fiscal deficit for FY20 and its roadmap for FY21 could be heading towards a recalibration with the February Budget slated to hint at the targeted 3 per cent fiscal deficit for the next financial year be pushed to 2022-23, people…