Delhi to India

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By Shirish B Pradhan Kathmandu, Nepal Army chief General Prabhuram Sharma will pay a four-day visit to India next month during which he will meet with his Indian counterpart General M Naravane and other service chiefs to boost bilateral defence ties, it was announced here on Thursday. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/3moDfHv

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As per IRCTC’s website, income from the convenience fee is recognized on the basis of the value of the convenience fee earned on the tickets booked by domestic customers through its website. from Economic Times https://ift.tt/3pQAdhv

ITC's valuation at 16 times FY23 earnings appears fair, the brokerage said while suggesting a target of Rs 240 on the stock. from Economic Times https://ift.tt/3CmY5N7

Lauding India's policy efforts to push reserves and strengthen its external position, the multilateral agency has advised the central bank against excessive forex market intervention." Further accumulation of reserves is less warranted, and foreign exchange intervention should be limited to addressing disorderly market conditions" IMF said in its recently released country report for India. from Economic Times https://ift.tt/3CDM3iB

As per the Department of Investment and Public Asset Management (DIPAM) website, so far in the current financial year (April-March) the government has received Rs 15,651 crore as dividend from central public sector enterprises (CPSEs). from Economic Times https://ift.tt/3BlFRKp

The meeting came a day after former Punjab chief minister Amarinder Singh announced that he would float his own political party once the Election Commission approves it. from Economic Times https://ift.tt/3vRy85P

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The order vindicated their position and exposed the government's attempt to evade inquiry or debate in Parliament, opposition leaders said on Wednesday. They expressed the hope that the probe would unearth the 'depth of illegal surveillance the government had conducted' on opposition parties, activists, media and institutional heads. from Economic Times https://ift.tt/3Bx2tId

The decision on the session has been taken after consensus on the issue at the All-Party Meeting held at Chandigarh on October 25, an official statement said. In another decision, the Cabinet chaired by Chief Minister Charanjit Singh Channi gave approval to the Punjab Anti Red Tape Rules, 2021 framed by the Governance Reforms and Public Grievances department. from Economic Times https://ift.tt/3pXUkuf

A five-member team led by Singh had earlier in the day recorded Wankhede's statement for four hours during its probe against him following allegations made by a witness in the ship case, Prabhakar Sail, that there was an 'extortion bid of ₹25 crore' for the release of actor Shah Rukh Khan's son Aryan Khan, who has been in jail for more than three weeks now. from Economic Times https://ift.tt/3GszF7f

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Inflation expectation in the US measured by the 5-year breakeven inflation has risen to 2.94 per cent, the highest in 16 years. The persistence of a list of inflationary factors have led to a rise in core inflation and feeding into views of a potential wage-price spiral, especially when the labour market has tightened. from Economic Times https://ift.tt/3ElgjyX

Moderna plans to apply for separate U.S. regulatory clearance in children ages 6 through 11 "very soon," Bancel said, adding that he is hopeful that age group could start receiving Moderna's shots by the end of this year. "It's entirely possible that this side of Christmas, 6 to 11 years of age would have access to Moderna's vaccine," Bancel said. from Economic Times https://ift.tt/3pIC8EL

Union home minister Amit Shah is expected to take feedback from the party's former Lok Sabha prabharis, MPs, and MLAs. Four yatras are also expected from four different regions. from Economic Times https://ift.tt/3BmdPyy

"The government in its affidavit had categorically stated to the Supreme Court that we are also of the opinion that in order to counter the false narrative of certain vested interest groups, it would be fair if we establish a committee of experts and they look into this whole issue," BJP national spokesperson Sambit Patra told media persons on Wednesday. from Economic Times https://ift.tt/3jKhNep

The telephonic conversation comes after Congress and RJD broke off the alliance ahead of the by-polls in Kusheshwar Asthan (SC) and Tarapur constituencies in Bihar scheduled on October 30. from Economic Times https://ift.tt/2XPW2C2

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Two influential US Senators wrote to President Joe Biden on Tuesday urging him to waive impending sanctions on India for buying S-400 air defence systems from Russia, saying such a waiver would advance US national security interest. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2ZwpJce

The weekly options data shows bullish indications. The 18200 Put was one of the most active strikes as it saw massive writing and addition of Open Interest. This means that market participants do not expect Nifty50 to slip below this level by expiry. from Economic Times https://ift.tt/3be0KMY

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Net interest income (NII) for the quarter jumped 28 per cent to Rs 5,335 crore compared with Rs 4,162 crore in the same quarter last year. Interest income reversal for the quarter was Rs 322 crore as compared to Rs 216 crore year-ago, the NBFC said. from Economic Times https://ift.tt/2ZlBQbM

Assuring India's cooperation and support to the AIIB for its future endeavours, she urged the Beijing-based lender to set up a Resident Board and Regional Offices to ensure accountability, transparency and quality of operations and investments. from Economic Times https://ift.tt/3jFvP0D

Fresh bids have been called to attract more buyers with a new clause that the successful bidder will now have to pay only 20% of the final consideration as upfront money at the time of issuance of the Letter of Intent (LoI). The remaining amount, i.e. 80% of the final consideration, will have to be paid in 90 days from the date of issuance of the LoI to the successful bidder. from Economic Times https://ift.tt/3pDHktn

By Sajjad Hussain (Eds: Updating with more details) Islamabad, Prime Minister Imran Khan on Tuesday approved the appointment of Lt Gen Nadeem Anjum as the new chief of Pakistan's spy agency ISI, apparently succumbing to pressure from the powerful Army over the key post after nearly three weeks of deadlock over the key post. from Economic Times https://ift.tt/3E9W5rY

Ashish Mishra was arrested in connection with the violence that was triggered after he allegedly ran his car over protesting farmers in Tikunia in Lakhimpur Kheri. from Economic Times https://ift.tt/3mghIk7

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Earlier this month, the OECD had announced that 136 countries had agreed to join an accord to impose a two-pillar global tax reform plan. As per the deal, large multinationals have to pay a minimum tax of 15% on their global incomes from 2023 and those with profits above a threshold will now have to pay taxes in the markets where they conduct business. from Economic Times https://ift.tt/3CdMorV

"We do not foresee any capital requirement for lenders going forward. They all have plans to raise capital from the markets," said a government official, adding that this year allocation will be done by the end of March. from Economic Times https://ift.tt/3jURtOT

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