Author: News Desk

While all the seizures including cash, precious metals and liquor during the entire period of model code of conduct in 2018 stood at Rs 103 crore, the enforcement agencies have made a seizure of Rs 130 crore since October 9 when the Model Code of Conduct came into force.During the last 24 hours that ended at 9 a.m. on October 17, cash, gold, liquor and other items worth over Rs 21 crore were seized. The total cash seized by authorities rose sharply to Rs 71.55 crore with seizure of Rs 12.58 crore.The agencies have also seized 72 kg gold, 429…

The Income Tax Appellate Tribunal had ruled in favour of LIC in both the cases pertaining to the assessment year 2013-14. While one of them involves an amount of Rs 1,838.8 crore, the disputed sum in the second case is Rs 3,153.9 crore.”The Income Tax Department has filed an appeal before Honourable Bombay High Court against the decision of Income Tax Appellate Tribunal. The communication in this regard was received on October 17, 2023,” LIC stated in a regulatory filing on Tuesday.”These litigations will not have a material adverse effect on the Corporation’s financial position and result of operations,” the…

The court has summoned the officer responsible for this action to provide a written explanation.Additional Sessions Judge Pulastya Pramachala presided over the hearing on charges against three accused individuals in the northeast Delhi riots case, where the FIR was filed by the Gokalpuri police station.The court observed that while initially, 25 complaints were consolidated into the case, it had directed in April last year that only 17 of these complaints should be considered in the current case.Despite this, the Investigating Officer (IO) filed a new supplementary charge sheet on May 17 for prosecuting 22 complaints.The IO’s decision was based on…

Sources said that the officials have examined about 740 lockers while there are over 300 lockers which have not been opened yet.They further said that the names and addresses of owners of these 300 are not available.According to the Income Tax Department, there are a total of 1100 lockers at Ganpati Plaza. Out of these, 540 lockers are not active. Also, there are still over 300 lockers which have not been opened as information about these locker holders is being collected.Income Tax officials say that the investigation will continue until all the locker owners come and open their lockers.Meanwhile, Kirori…

This, he said, had pushed farmers into losses. “The restrictions have caused distress and losses to farmers who are suffering. Basmati prices have fallen from Rs 3,500-3,600 per quintal to Rs 2,500. Farmers are incurring a loss of at least Rs 1,000 per quintal, which means they are facing a loss of more than Rs 20,000 per acre. Farmers fear that if the exporters’ strike too continues, this rate may fall further,” he said in a statement here. “Rice exporters say the Central government has kept the minimum export price of Basmati rice at $1200 per ton, which is very…

Dharwad, Oct 17 (IANS) Karnataka’s Suraj Prabodh and Gujarat’s Madhwin Kamath scored upset victories. knocking out fancied players to make it to the main draw of the ITF Dharwad Men’s World Tennis Tour 2023 on Tuesday. While Madhwin staged a superb comeback win against former Indian Davis Cupper and Asian Games medalist Vishnu Vardhan 5-7, 6-3, 10-5, Suraj sidelined 14th seed Yash Yadav in straight sets 6-4, 6-1 at the Dharwad District Lawn Tennis Association courts.In the only two singles matches played on the opening day of the main draw of the US $ 25,000 event that started on Tuesday,…

New Delhi, Oct 17 (IANS) Apple on Tuesday brought more choice to iPad users with a new and affordable Apple Pencil that offers pixel-perfect accuracy, low latency and tilt sensitivity.Designed with a matte finish and a flat side that magnetically attaches to the side of iPad for storage, the new Apple Pencil pairs and charges with a USB-C cable.The new Apple Pencil will be available for Rs 7,900 (Rs 6,900 for education) beginning in early November.The new Apple Pencil is compatible with all iPad models with a USB-C port, including iPad (10th generation), iPad Air (4th and 5th generations), iPad…

The 25-year-old, playing only his second match for Railways, walked into the middle with the score of 131/4 with five overs remaining. With the help of 8 sixes and one four, Ashutosh cruised to 53 off 12 deliveries in his record-breaking inning, striking with a 441.66 strike rate.However, he got out of the penultimate over but his inning helped the Railways to finish with a score of 246 for 5.Ashutosh made his T20 debut way back in 2018 for Madhya Pradesh and last played the format in 2019. He has featured in just one 50-over game, for MP also in…

“The CCI vide its letter dated October 17, 2023 has communicated that it has considered and approved the combination under Green Channel Route,” IDFC said in a regulatory filing with the stock exchange.The proposal for the merger was approved by the board of directors of IDFC and IDFC First Bank on July 3.The proposed amalgamation would come into effect after it receives the clearance from statutory and regulatory bodies such as the Securities and Exchange Board of India, the Reserve Bank of India and the National Company Law Tribunal (NCLT).IDFC holds a stake of around 30.93 per cent in IDFC…

Advocate General Devidas Pangam, speaking to IANS, said that the timeline ends on October 24 and there is a need to seek extension. “I have given my opinion to the state government to make an application before the Goa Bench of Bombay High Court seeking extension,” he said.On July 24, the Bombay High Court at Goa had directed the state government to notify the Mhadei Wildlife Sanctuary as a Tiger Reserve within three months.The Court was hearing a petition filed by Goa Foundation (a local NGO). It had sought direction from the court to notify a tiger reserve in the…