Direct tax collections at Rs 6.75 lakh cr till November

New Delhi (IANS): Showing an increase of 15.7 percent over the last year, the gross direct tax collections till November stood at Rs 6.75 lakh crore, according to provisional figures released on Monday.

This was despite a 50 percent rise in…

Crops damaged in Jharkhand due to drought

Ranchi (IANS): A Central team that visited Jharkhand has confirmed that the standing crops have been damaged due to drought, a state official said here on Monday.

The team, led by Agriculture Joint Secretary Atish Chandra, visited seven districts…

Ramgarh: Baby elephant falls into well, rescued

Ramgarh  (IANS): A baby elephant that strayed from its herd and fell into a 30 feet deep well in Gosi village in Jharkhand's Ramgarh district was rescued after a five-hour long operation on Monday.

According to Forest Department officials,…

India test fires Agni-V missile

Bhubaneswar (IANS): India successfully test fired its indigenously developed nuclear-capable ballistic missile Agni-V off the Odisha coast on Monday.

The surface-to-surface missile having a strike range of 5,000 km was launched at 1.30 p.m.…

Sensex nosedives over 700 points, Nifty ends below 10,500 mark

Mumbai (IANS): The Indian equity market slumped around two percent on Monday, with the S&P BSE Sensex shedding over 700 points, tracking a similar sell-off globally along with uncertainties over the upcoming results of the recently held state…

RBI Governor Urjit Patel quits

Mumbai (IANS): Reserve Bank of India (RBI) Governor Urjit Patel on Monday resigned from his post with immediate effect, citing "personal reasons".

"On account of personal reasons, I have decided to step down from my current…

HAL test flies light copter up to 6km altitude

Bengaluru (IANS): State-run Hindustan Aeronautics Ltd (HAL) has test flown a prototype of its Light Utility Helicopter (LUH) up to 6km altitude, the defence behemoth said on Monday.

"The LUH has achieved a milestone of flying at 6km…

Modi hails Urjit Patel for bringing financial stability

New Delhi (IANS) Calling him a thorough professional with impeccable integrity, Prime Minister Narendra Modi said RBI Governor Urjit Patel, who quit on Monday, steered the banking system out of chaos and brought financial stability.
…

India expected to receive total remittance of $80 bn in 2018

Washington (IANS) India is expected to receive a total remittance of $80 billion in 2018, said the latest edition of the World Bank's Migration and Development Brief, released on Saturday.

"Among major remittance recipients,…

Iran to stage military drills in Indian Ocean

Tehran (IANS) Iran's navy has planned to stage large-scale military drills in the Indian Ocean in the coming months, the media reported citing officials.

The exercises are aimed to "boost Iran's naval performance in…