The Income Tax (IT) Department is set to issue notices for suspected tax evasion to over 4 lakh high networth individuals (HNI) across the country who have been trading and investing in Bitcoin.

For passenger safety, a fund to be created with a corpus of Rs 1 lakh cr over a period of 5 years

Company said it is confident that Honda's 6 new models led by NAVI will reinvent two-wheeler mobility in India

The new Jaguar XE sports saloon will be assembled in India as part of the company's move to increase localisation

The vehicle will be available in both petrol and diesel variants; to take on Maruti Swift, Hyundai Grand i10, Chevrolet Beat, among others

Despite higher launches and unveilings at the event, footfall at the event was the worst in over two decades

The number of coronavirus cases reported in France has passed 100,000, top French health official said on Tuesday."As of this evening, we have passed the 100,000 mark in terms of test-confirmed coronavirus cases," Jerome Salomon told reporters.France now has 103,573 confirmed cases, with 5,497 new infections recorded in the past 24 hours.The death toll is 15,729. Of them, 10,129 were hospital patients. The number of people who died in hospitals in the past day is 559.On Monday, President Emmanuel Macron extended the nationwide lockdown until May 11. Restrictions on public life went into effect on March 17 in a bid to limit the spread of the deadly coronavirus.

Of the total commitments, 30% have come from foreign players

Maharashtra, which was the host state, alone received investment proposals of Rs 7.94 lakh cr and 3,294 MoUs

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RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)

The Odisha government has trained 1.72 lakh health personnel to fight COVID-19 in the state, where a spike in the number of positive cases was recently witnessed following the return of Odia migrant workers from other parts of the country, a senior official said. The state government has trained 1,72,499 health personnel to deal with the novel coronavirus outbreak, Chief Secretary A K Tripathy said while launching the 'COVID-19 workforce portal' here on Friday. Altogether 129 fresh novel coronavirus cases were reported in the state since May 3, when the return of the stranded migrant workers began. Of these, around 114 COVID-19 patients are returnees who were stranded in Gujarat, a health official said. A total of 8,023 doctors, 8,296 staff nurses, 4,105 paramedical staff and laboratory technicians, 4,114 AYUSH doctors, 4,905 ambulance drivers, 1,35,820 ANM/ASHA/AWW workers and 7,236 sanitation workers have been drafted into the COVID-19 workforce, Labour and ESI ...

Senior Congress leader P Chidambaram on Saturday welcomed the Centre's decision to borrow additional 4.2 lakh crore and said it should be used to provide relief to the poor and re-start the economy. "After resisting our appeals, especially through statements of the CEA, the government has finally decided to borrow an additional amount of Rs 4.2 lakh crore taking the projected fiscal deficit to 5.38 per cent. We welcome the decision," he said in a statement. The senior Congress leader, however, said, "It is not enough to borrow more unless the amount is used to provide relief to the poor and to re-start the economy. We look forward to the revised expenditure budget for 2020-21." Echoing similar sentiments put forth by several eminent economists, he had appealed to the central government to shed its reservations and borrow more in 2020-21. "In our view, the budgeted fiscal deficit of 3.5 per cent should not be a constraint in these extraordinary times," he said in the statement. The ...

The Delhi government has so far issued around 4.75 lakh e-tokens to buy liquor in the national capital, an official said on Saturday. Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores. The e-token is sent on mobile phones of registered people. The new system was introduced on Thursday in the wake of long queues outside liquor vends and people not following social distancing norms there. The Delhi government has allowed around 200 liquor shops to operate in the city. "The government has so far issued around 4.75 lakh e-token since Thursday evening to people to buy liquor without standing in long queues," the official said. People willing to get e-token can apply through a web link www.qtoken.in where they are allotted specific time for purchasing liquor after they fill personal details. According to the official, the e-token system is maintaining social ..

Over one lakh cases of lockdown violations were registered and 19,297 persons were arrested ever since prohibitory orders were enforced in Maharashtra in light of the COVID-19 pandemic, police said on Saturday. At least 1.02 lakh cases were registered under section 188 (disobeying an order passed by a public servant) of the Indian Penal Code, an official said. As many as 714 personnel, including 81 officers, of Maharashtra police contracted COVID-19, and of these 61 had recovered from the infection, he said. Maximum number of coronavirus cases reported in the police department were from Mumbai, he added. At least 194 cases of attacks on policemen were reported in various parts of the state, while 680 persons were arrested in these incidents and 73 policemen and a home guard were injured in these attacks, the official said. Nearly 32 cases of attacks on health workers were reported in the state till Saturday, he added. Meanwhile, the police have registered 1,289 offences of

Ride-hailing platform provider Ola on Saturday said it has donated Rs 50 lakh to the Tamil Nadu Chief Minister's Relief Fund to help the government in its fight against COVID-19 pandemic. The fund would support prevention and relief measures including healthcare support and addressing economic relief measures in the state. ".. Ola Group remains committed to helping states, communities and those most-affected by pandemic. We extend our humble contribution to the State of Tamil Nadu as we work together fighting COVID-19," Ola Group Co- founder Bhavish Aggarwal said in a company statement. "We are grateful to all men and women, who in these extra-ordinary times, who continue to serve at frontlines," Aggarwal who is also the CEO said. On Friday, another ride hailing major, Uber India had said it would offer free rides to healthcare workers and government officials of Greater Chennai Corporation engaged in coronavirus related work under its UberMedic Service. The free rides ...

The Indian Railways has operated 302 Shramik Special' trains since May 1 and ferried home more than 3 lakh migrants stranded in various parts of the country amid the coronavirus-induced lockdown, officials said. The national transporter has planned to operate 47 trains on Saturday, out of which 34 trains have already departed, they said. Every Shramik Special train has 24 coaches, each with a capacity of 72 seats. The railways, however, is allowing only 54 people in a coach to maintain social distancing norms by not allotting the middle berth to any passenger. While the railways has not yet announced the cost incurred on the special services, officials indicate the national transporter has spent around Rs 80 lakh per service. The government had earlier stated that the cost of the services has been shared on 85:15 ratio with states. Since the beginning of running the Shramik Special trains, Gujarat remained one of the top originating stations followed by Kerala. Among the receiving ...

Over 1 lakh migrant workers from Uttar Pradesh stranded in different parts of the country following the coronavirus-induced lockdown will return to the state by Saturday night on 114 trains, a senior government official said. Another 98 trains will reach the state on Sunday and Monday, while talks are on to allow 15 to 20 more, he said on Saturday. "Till Saturday morning, 97 trains have reached the state and another 17 will reach by the evening. With this, more than 1.20 lakh migrant workers and labourers will be back in the state," Additional Chief Secretary, Home, Awanish Awasthi said. These trains arrived at 36 railway stations of the state, with Lucknow and Gorakhpur receiving 11 trains each, he said. Awasthi said Chief Minister Yogi Adityanath has stressed that no migrant should undertake the journey home on foot or bicycle. The government has also given permission for 98 more trains which will bring back migrants from other parts of the country on Sunday and Monday, he said, ...

Healthcare firm HLL Lifecare on Saturday said its arm HLL Infra Tech Services has floated a tender seeking supply of over 1 lakh units of medical supplies towards COVID-19 testing on behalf of the Indian Council of Medical Research (ICMR). "The tender is seeking quotations for 40,000 units of viral transport media, 33,000 RNA extraction kits and 29,000 Combo RT-PCR COVID-19 tests," HLL Lifecare Ltd said in a statement. The tender is closing by May 10, the state-owned company added. "The viral transport media is used for transport of swabs collected for testing, RNA extraction kits are used to draw out RNA, which are single strand genetic materials of viruses, from samples which are then converted into reverse-transcribed into DNA while Combo RT-PCR tests has proven to be the 'gold standard' of COVID-19 diagnosis,"it said. HLL Lifecare is the procurement agency for hospitals and healthcare organisations under the Ministry of Health and Family Welfare.

In a bright sign for resumption of economic activities amid the Covid-led lockdown across the country, the migrant workers, who left various states for their native places amid the shutdown, have begun expressing willingness to return to work, indicate developments in Haryana. Haryana Home Minister Anil Vij on Saturday said over 1.5 lakh migrant workers have applied on government portal, expressing their willingness to return back to work in the state. Vij said most of these 1.5 lakh workers, who have registered themselves to return, belong to Bihar, Uttar Pradesh and Madhya Pradesh. He also said on the same portal nearly 8 lakh migrant workers, however, have registered themselves for leaving the state. Nearly 1.5 lakh migrant workers want to return to Haryana while 8 lakh of them have registered themselves for leaving the state for their native states, Vij said. Most of the 1.5 lakh who want to come back are from Bihar, UP and MP. They want to come here as commercial activities have .

In the run-up to the Rajasthan state elections, public audits of electoral rolls are beginning to payoff remarkably, says Nikhil Dey.

Close to 150,000 Indian farmers committed suicide in nine years from 1997 to 2005, official data show. While farm suicides have occurred in many States, nearly two thirds of these deaths are concentrated in five States, writes P Sainath.

The share of the 'suicide belt' - Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, and Chhattisgarh - remains very high; these states account for two-thirds of the total farm suicides in the country. P Sainath reports.

A 3-acre pond dug in the Yenepoya Medical College 15 kms from Mangalore is catching run-off from about 15 acres of the campus and from an equal area of their neighbourhood. It has already saved the institution a substantial sum on getting water from outside. Shree Padre reports.

Mumbai police commissioner Param Bir Singh on Saturday informed that India cricket skipper Virat Kohli and his wife actor Anushka Sharma have contributed Rs 5 lakh each for police welfare amid the novel coronavirus outbreak.

Assam has been allotted 1.25 lakh MT of rice per month under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) scheme for three months from April to June for free distribution among 2.49 crores beneficiaries under the National Food Security Act (NFSA) in the state.

The maximum number of entries came from Ludhiana district with 16,084 students sending in their videos, followed by Amritsar, Sangrur and Patiala districts.

The company’s stock has risen by 95 per cent reportedly and its value now stands at $10 million. The brand had, last month, reported that over 23 thousand people had joined one of their live classes.

The final report of the task force on NIP for 2019-2025 suggested steps like deepening bond markets, setting up of development financial institutions and land monetisation to meet the funding needs,

Rising for the fourth straight session, the 30-share BSE Sensex settled 997.46 points, or 3.05 per cent, higher at 33,717.62.

The ministry constructed 10,855 km of national highways against the targeted 16,420 km in fiscal 2019, with an average daily construction rate of about 30 km.

The final report of the task force on National Infrastructure Pipeline (NIP) for 2020-2025 presented to the government suggested agricultural reforms broadly in three areas e-market infrastructure, storage and processing, and research and development (R&D).

Government officials said that collection numbers present a worrying trend, given that normal business activities were underway till March 24 when a nationwide lockdown was announced.

Sugar sales in March and April declined by 10 lakh tonne because of the imposition of nationwide lockdown to control the coronavirus disease, the Indian Sugar Mills Association (ISMA) said.

The RBI said the bank is not in a position to pay its current or future depositors and has violated regulatory norms for minimum capital requirement.

Tata Consultancy Services' market valuation zoomed Rs 73,753.12 crore to Rs 7,56,049.23 crore, becoming the biggest gainer in the top-10 chart.

Indian banks are already grappling with 9.35 lakh crore rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC.

The government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.

The move from Kotak Mahindra comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21.

With five months still left for 2019-20 marketing year to end, the association feels the mills have the potential to fulfil their exports commitments.

The procurement of wheat and rice (second crop) during the ongoing Rabi season has picked up pace despite severe logistical constraints posed due to countrywide lockdown," the food ministry said in a statement.

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.

Finance Minister Nirmala Sitharaman in her Budget for 2020-21 had pegged gross borrowing in the new financial year at Rs 7.8 lakh crore, higher than Rs 7.1 lakh crore estimated for 2019-20.

Confederation of Indian Industry said a substantive stimulus is required from the government in the form of support to the poor and to the industry.

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.

The Checkmate Covid-19 Blitz Open, organised to raise funds for Kerala's fight against Covid-19, was won by Grandmaster SL Narayanan.

A total of 19,245 players registered for the CheckmateCovid Chess Tournament and GM Ankit Rajpara won it.