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Archive for May 4th, 2021

Data of 80% of adult Indian users compromised in last 4 years: Canalys

Tuesday, May 4, 2021 22:00

“In last four years, at least 80% of the adult population in Bulgaria, Chile, Ecuador, India, Panama, Philippines, Qatar and Turkey have been compromised in single but separate data breaches,” Canalys said in the report, Now and next for the cybersecurity industry.

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Power ministry asks states to issue FY22 tariff orders

Tuesday, May 4, 2021 21:45

The recipients of the letter include major power consuming states such as Uttar Pradesh, Tamil Nadu, Chhattisgarh, Karnataka, Rajasthan, Madhya Pradesh, Punjab, Telangana and West Bengal.

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Hosting IPL 14 in India was the right call: Ness Wadia

Hosting IPL 14 in India was the right call: Ness Wadia

Tuesday, May 4, 2021 21:37

Punjab Kings co-owner Ness Wadia on Tuesday backed the BCCI's decision to host IPL 14 in India amid the COVID-19 threat, saying that was the "right call" before the situation deteriorated quickly.

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Kinks in O2 supply irk courts, impede manufacturers

Tuesday, May 4, 2021 21:37

Bottlenecks surrounding oxygen supply continue to hinder the treatment of Covid-19 patients, drawing the ire of high court judges, who stepped in to deliberate on ways to smoothen the crucial supply chain. With demand skyrocketing, oxygen producers as well as steelmakers and oil refiners have ramped up capacity. The country ...

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Covid-19 case count falls, so do testing numbers

Tuesday, May 4, 2021 21:37

India’s daily Covid case count has fallen from a peak of 402,000 on Friday, but experts have cautioned against complacency, saying lower testing could have contributed to the decline.Covid tests dropped from 1.95 million last Friday to 1.66 million on Monday. Expectedly, daily case count rose to over 362,000 on ...

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Several key sectors stare at export impact

Tuesday, May 4, 2021 21:37

India’s exports could take a knock in the months ahead as international buyers have started looking elsewhere for supplies amid uncertainty over delivery commitments as the pandemic rages.Textiles, garments, automobiles and steel are expected to be the most impacted, exporters said, even as demand recovers in the UK and the ...

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Banks, NBFCs ask RBI to relax bad loan rules

Tuesday, May 4, 2021 21:37

A second Covid wave many times worse the first has prompted banks, non-banking financial companies (NBFCs) and small-finance banks to ask Reserve Bank of India (RBI) that flexible restructuring up to two years across all categories of borrowers be allowed. Three people aware of the development said financial institutions have ...

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Banks’ lending spreads may have peaked, say analysts

Tuesday, May 4, 2021 21:30

The marginal lending spread — the interest rate on new loans minus new deposits — for the banking system has come off peak levels and declined by 16 basis points (bps) in March over February 2021, according to data released by the Reserve Bank of India (RBI).

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Australian IPL players and staff might fly off to Maldives in bid to get home

Australian IPL players and staff might fly off to Maldives in bid to get home

Tuesday, May 4, 2021 21:23

With their country shut for all those flying from India, the now suspended IPL's Australian contingent, comprising players, support staff and commentators, is expected to head to Maldives before taking a connecting flight for home. The IPL was suspended on Tuesday after multiple cases ...

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Your Queries – Income Tax: Gains from share trading taxed under business profit, file ITR 3/4

Tuesday, May 4, 2021 21:15

Separate disclosure of each source of income shall have to be made in the ITR Form, whether or not you choose to be governed by the new regime of taxation.

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