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Demonetisation Impact: Just 1.5 lakh tax returns vs 23.5 lakh notices sent

Demonetisation Impact: Just 1.5 lakh tax returns vs 23.5 lakh notices sent

Twenty one months after the launch of Operation Clean Money (OCM) to find out how much of the demonetised currency that returned to the banking system during the November 9-December 2016 window is tax-compliant, the government says it doesn’t have centralised information as yet on prosecutions launched against persons identified for suspicious cash deposits.

Bullet train project: Protesting Gujarat farmers mull moving ICJ
Bullet train project: Protesting Gujarat farmers mull moving ICJ

Prime Minister Narendra Modi’s ambitious Ahmedabad-Mumbai bullet train project, which is already facing several hurdles, is likely to get derailed further.

Lessons for RBI from the shocking Rupee slide and questions it has raised
Lessons for RBI from the shocking Rupee slide and questions it has raised

The central bank is learning the hard way that inflation targeting is not the panacea it was so sure about

Government frees spectrum for wifi, 5G services in 5 Ghz band from licence
Government frees spectrum for wifi, 5G services in 5 Ghz band from licence

The government has freed a set of spectrum in the 5 Ghz band from licensing for providing Wifi and partially 5G services by telecom companies.

Tata Sons writes off entire Rs 28,651 crore investment in Tata Teleservices
Tata Sons writes off entire Rs 28,651 crore investment in Tata Teleservices

The heavy tariff war triggered by the entry of Reliance Jio in 2016 led to Tata Sons signing a pact with Bharti Airtel to hive off consumer mobile business of Tata Teleservices without any debt transfer to the Sunil Bharti Mittal-led firm.

Sad state of affairs! Nearly 50,000 deaths in 3 years after being hit by trains, says Indian Railways data
Sad state of affairs! Nearly 50,000 deaths in 3 years after being hit by trains, says Indian Railways data

Nearly 50,000 people have lost their lives between 2015 and 2017 on railway tracks after being hit by trains, according to official data from the Indian Railways.

India has second highest insurance gap in the world of $27 billion: Report
India has second highest insurance gap in the world of $27 billion: Report

India has the second largest insurance gap in the world of USD 27 billion (in absolute terms) after China, where the underinsurance or insurance gap is over USD 76 billion.

AUTOMOBILES

Hero Destini 125 First Ride Review: Is the new 'Hero' too little too late?
Hero Destini 125 First Ride Review: Is the new 'Hero' too little too late?

Hero Destini 125 has just registered its presence in India amid the festive season at a price that you just can't ignore. As the fast-growing 125cc automatic segment already has some big and established players, will this new Hero be able to shine its 'Destiny'?

TRAVEL

Drukair launches first direct connection between North East India and Singapore
Drukair launches first direct connection between North East India and Singapore

Singapore Changi Airport has announced the launch of its 16th city link to India with the introduction of a new non-stop service between Guwahati and Singapore, operated by Drukair Royal Bhutan Airlines. This new route marks the first direct connection between Northeast India and Singapore

Horoscope: By Peter Vidal

Today ( 23 Oct )This Week ( 21 Oct - 27 Oct )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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