Saurav Mukherjee

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India Jan 15, 2020

PMC Bank Scam: Bombay High Court Orders House Arrest of Wadhawan Brothers, Forms 3-Member Panel to Recover Dues Payable by HDIL

The Bombay High Court directed the Mumbai Police to shift HDIL promoters Rakesh Wadhawan and Sarang Wadhawan from Arthur Road Jail to House arrest. Also, it appointed a 3-member committee headed by retired HC Judge S Radhakrishnan to expeditiously recover dues payable by HDIL to crisis-hit PMC Bank.
India Jan 13, 2020

CAA Protests Row: Mamata Banerjee Hits Out at Dilip Ghosh's 'Shoot Them Like Dog' Remark, Says 'West Bengal Isn't Uttar Pradesh'

Amid the controversy on WB BJP chief Dilip Ghosh's comment over 'shooting down those involved damaging public property like what is practiced in UP' sparking a row, state CM Mamata Banerjee slammed BJP stating that they don't have to take any responsibility if anything goes wrong.
India Jan 12, 2020

JNU Unrest: Delhi Police Adds 7 More Names to List of Vandals for January 5 Violence, Identified People Listed Through Social Media Posts Reach 44

Delhi Police on Sunday claimed to have identified 7 more people for January 5 violence in Jawaharlal Nehru University. With this, the new list of identified vandals through social media posts rose to 44.
India Jan 10, 2020

Budget 2020 Expectations: From Reduction in Income Tax to Steps For Revival of Economy, Here's What is Expected From Nirmala Sitharaman's 'Bahi Khata'

With the Union Finance Minister Nirmala Sitharaman all set to present Union Budget 2020 next month, here's what people expect from Finance Minister's 'Bahi Khata'.
India Jan 07, 2020

Indian Railways Mulls Running Hydrogen-Powered Engines for Passenger Trains by End of 2021

With an aim to reduce reliance on fossil fuel-based energy sources, Indian Railways is planning to build hydrogen-powered rail engines which would propel passenger trains on a suburban route. Report says that the work on this new scheme has already begun and the new engines might touch the track by the end of 2021.
India Jan 06, 2020

Income Tax Department Notifies 5 New Disclosures Under New ITR-1 Sahaj, ITR-4 Sugam Forms; Here Are All The Details

Each year the CBDT notifies the ITR forms sometime in April, but this time it has notified two ITR forms -- ITR 1 and ITR 4 -- in the first week of January 2020. Here are all details about five new disclosures.
India Jan 06, 2020

JNU Violence: Yogendra Yadav Claims He Was Attacked Thrice by Mob and Police, Tweets Videos as 'Proof'

Swaraj Abhiyan chief and an alumnus of JNU Yogendra Yadav on Sunday night claimed that he was attacked thrice while he was protesting at the gate against the attack on students and professors. Yadav even claimed that even an inspector and tweeted videos as proofs.
India Jan 05, 2020

Mamata Banerjee 65th Birthday Special: Unknown Facts About the Fearless Bengal Leader Who Specialises in Turning Political Tidal Waves

Chief Minister of West Bengal and supremo of TMC -- Mamata Banaerjee -- will turn 65 this year. Here's some unknown facts about the fearless Bengal leader who specialises in turning political tidal waves.
India Dec 31, 2019

India’s Current Account Deficit Declines to USD 6.3 Billion From USD 19 Billion in Q2 of FY 2019-20, Says RBI Preliminary Data

The Reserve Bank on Tuesday issued a preliminary data on India’s Balance of Payments (BoP) for the second quarter (Q2) of FY 2019-20 and stated that country's Current Account Deficit (CAD) declined to USD 6.3 billion from USD 19.0 billion in Q2 of 2018-19.
India Dec 31, 2019

Nirmala Sitharaman Forms National Infrastructure Pipeline, Plans Rs 105 Lakh Crore Infra Development by 2025 in Phased Manner

Union Finance Minister Nirmala Sitharaman on Tuesday said that the Centre has formed National Infrastructure Pipeline (NIP) and has planned Rs 105 lakh crore infrastructure development by FY 2025 in a phased manner. She also stated that for this, the government expect private share in infrastructure sector to increase to 30 percent by 2025.
India Dec 31, 2019

RuPay, UPI Digital Payments Mandatory for Businesses With Over Rs 50 Crore Turnover from February 2020, Defaulters to be Fined Rs 5,000 Per Day

The Union Finance Ministry issued a circular asking all the companies with turnover of Rs 50 crores or more to provide facility of payment through RuPay Debit Card and UPI QR code to their customers from February 1, 2020. The circular had been issued as per the set guidelines by Union Ministry of Finance, failing which the businesses would be penalised Rs 5,000 a day.
India Dec 30, 2019

Year-Ender 2019 on Indian Economy: 5 Key Decisions Taken by Nirmala Sitharaman to Fix The Plunging Economy This Year

2019 has been a roller-coaster ride for the Forbes World's 34th Most Powerful Woman, who happens to be the Union Finance Minister of India -- Nirmala Sitharaman. Though the crisis in the auto to retail sector continued, the FM kept her feet intact in the slipping financial mud. Here are five key decisions taken by World's 34th most powerful woman.
India Dec 27, 2019

Year-Ender 2019 on RBI: Reserve Bank Does a 'Bull Jumper' Job to Stabilise Plunging Indian Economy; Here's a Round-Up of Central Bank's Key Decisions & Policies This Year

Reserve Bank of India had seen many ups and downs in the year 2019, and tried its best to do a 'bull jumper' job to stablise plunging Indian economy. For this, the central bank reduced the repo rate by 135 basis points and took several other steps. Here's a round up of RBI's key decisions and policies in 2019.
Social Viral Dec 25, 2019

Harsha Bhogle's Social Media Post on Dissent Against CAA and NRC Goes Viral But Cricket Commentator Tells Netizens 'My India Isn't Broken'

A day after the renowned cricket commentator and analyst Harsha Bhogle penned down an emotional post on social media and raised concerns over the protests against CAA and NRC, he has been countered by other netizens. Following which he said, "my India isn't broken".
World Dec 24, 2019

US Presidential Nominee Pete Buttigieg Expresses Concern on India's Anti-CAA Protests, Says Govt Action 'Could Threaten Longstanding Democratic Traditions'

The row over the CAA in India has crossed seven oceans and reached United States, where the Democratic Party nominee for US Presidential elections -- Pete Buttigieg -- expressed his concern on the issue. Buttigieg was of the opinion the steps to stop protests against CAA might threaten India's democratic traditions.
India Dec 20, 2019

Union Revenue Department Issues Guidelines For Income Tax Officials, Asks Them to Achieve Direct Tax Collection Target of Rs 13.5 lakh Crores

Days after directing the senior officers to boost both direct and indirect tax collections and meet the targets, Revenue Department asked the income tax officials them to achieve direct tax collection target of Rs 13.5 lakh crores.
India Dec 19, 2019

Nirmala Sitharaman Heads 38th GST Council Meet, Extends GSTR Return Filing Deadline Till January 31; Here Are All Details

Union Finance Minister Nirmala Sitharaman on Wednesday headed the 38th meeting of the Goods and Services Tax Council meeting and extended the return filing deadline for GSTR 9 and GSTR 9C for 2017-18 to January 31, 2020, which was earlier set to December 31, 2019. Here are all details.
India Dec 17, 2019

Finance Ministry Issues Guidelines For Revenue Dept Officers, Asks Them to Boost Monthly GST Collection to Rs 1.1 Lakh Crore

Narendra Modi-led Union government initiated measures to boost tax collections for the next four collection months and asked the senior officers of the Revenue department's senior officers to achieve set targets. In the meeting, the government had set the monthly goods and services tax (GST) collections for the next four months to Rs 1.1 lakh crore.
India Dec 16, 2019

Mamata Banerjee-Governor Jagdeep Dhankhar Feud Widens Over Citizenship Protests in West Bengal, Both Exchange Bitter Letters

The long-running feud between West Bengal Chief Minister Mamata Banerjee and Govenor Jagdeep Dhankhar took new turns on Monday when the due exchanged bitter letters. Governor Jagdeep called Banerjee's rally against the CAA and NRC as unconstitutional, while Banerjee claimed she has to first maintain peace and harmony in state.
India Dec 16, 2019

Jamia Millia Islamia Protest Against Citizenship Amendment Act Draws National Attention: What We Know So Far

With reports of violence and vandalism of public properties in New Delhi, and detention of Jamia Millia Islamia University students by the Delhi Police, the heat in the political atmosphere has certainly gained momentum. Here's what we know so far.

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