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1:30 PM

Possible bid to attack temple foiled in J-K's Poonch

Security forces detained four suspects and recovered six grenades from them in Jammu and Kashmir's Poonch district, foiling a possible bid to attack a temple, police said on Sunday. Poonch Senior Superintendent of Police (SSP) Ramesh Kumar Angral said the success was achieved when Special Operations Group (SOG) of the local police along with troops of the 49 Rashtriya Rifles detained two brothers -- Mustafa Iqbal and Murtaza Iqbal of Galhuta village -- during vehicle checking near Basooni in Mendhar sector at around 8 pm on Saturday. "Their interrogation was conducted at 49 Rashtriya Rifles Battalion headquarters, Basooni," the officer said.

1:27 PM

MSMEs, small dealers not to be affected by mandatory 1% cash GST payment rule

Small businesses and dealers will not be impacted by the new government rule of paying at least 1 per cent of GST liability in cash as only entities with annual turnover of Rs 6 crore and above are required to follow the new rule, Finance Ministry sources said.

1:15 PM

Six of top-10 most valued firms add Rs 60,198 cr in m-cap

Six of the top 10 most valued Indian firms together added Rs 60,198.67 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services (TCS) emerging as the biggest winners. Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart.  On the other hand, HDFC Bank, HDFC, ICICI Bank and Bajaj Finance witnessed decline in their market valuation. The market capitalisation of Infosys zoomed by Rs 19,849.41 crore to Rs 5,26,627.07 crore.

12:40 PM

2021: Banks brace for pandemic-hit corporates' bad loan woes, muted credit growth

Tackling non-performing assets will be a major challenge for the banking sector in the new year as many companies, especially in the MSME sector, may not be able to withstand the heat of the coronavirus pandemic which led to a historic contraction of the economy in the first half of the current fiscal. Besides, muted private investment impacting the corporate loan growth will be another challenge that banks will have to face in the coming months. Despite ample liquidity in the system, demand from the corporate sector is very low and bankers hope that faster than anticipated recovery could bring in the animal spirit as far as India Inc in concerned.

12:35 PM

India's crude steel output grows 3.5 pc to over 9 MT in Nov

India registered a growth of 3.5 per cent in crude steel production at 9.245 million tonne (MT) in November, according to World Steel Association.

12:20 PM

2021: Banks brace for pandemic-hit corporates' bad loan woes, muted credit growth

Tackling non-performing assets will be a major challenge for the banking sector in the new year as many companies, especially in the MSME sector, may not be able to withstand the heat of the coronavirus pandemic which led to a historic contraction of the economy in the first half of the current fiscal. Besides, muted private investment impacting the corporate loan growth will be another challenge that banks will have to face in the coming months. Despite ample liquidity in the system, demand from the corporate sector is very low and bankers hope that faster than anticipated recovery could bring in the animal spirit as far as India Inc in concerned.

12:13 PM

EU extends ban on Pakistan national carrier by 3 months

The European Union Aviation Safety Agency (EASA) has extended a ban on Pakistan International Airlines (PIA) for three months, despite the Pakistani officials' expectations that ban would be lifted. The EASA on Saturday informed that the PIA that the ban would only be lifted after a safety audit of the Civil Aviation Authority (CAA), Dawn reported. The EASA had in July suspended the authorisation for PIA to operate flights in the EU member states for six months due to safety concerns.

12:09 PM

Unemployment benefits expire for millions as Trump rages

Unemployment benefits for millions of Americans struggling to make ends meet lapsed overnight as President Donald Trump refused to signed an end-of-year Covid-19 relief and spending bill that had been considered a done deal before his sudden objections. The fate of the bipartisan package remained in limbo Sunday as Trump continued to demand larger COVID relief checks and complained about pork spending. Without the widespread funding provided by the massive measure, a government shutdown would occur when money runs out at 12:01 a.m. Tuesday.

12:01 PM

Nothing alarming in Rajinikanth's medical reports, to be discharged soon

There is nothing alarming in the test reports of superstar Rajinikanth, Apollo Hospital said on Sunday. "All the investigations reports have come in and there is nothing alarming in the reports. The team of doctors will evaluate him this afternoon and take a decision on his discharge," said the latest medical bulletin issued by the hospital. The 70-year-old was admitted to the hospital on Friday with severe fluctuations in blood pressure.

11:33 AM

Pledge to make India free of single-use plastic in 2021: Modi

PM Modi talks about the need of cleanliness and to work for Swachh Bharat. He once again says that in 2021 we have to make India free of single-use plastic.

11:25 AM

Kashmir benefitting from GI tag for Kesar

PM Modi talking about Kesar production in Jammu and Kashmir said that the Kashmiri Kesar is unique and after the GI tag recognition it got a new identity. After the GI tag it was launched in Dubai's supermall which will boost its import and benefit its farmers. He also mentions Nation Saffron Mission which is enabling farmers to further push its reach. 

11:20 AM

Can do approach, will do spirit:

PM Modi talking about youth says that they can achieve anything as they have the can do approach and will do spirit.

11:15 AM

Modi talks about rise in leopards, tigers in Indian forests

PM Modi also talks about the rise in numbers of tigers and leopards which are facing a destruction of their habitat. He said that India has shown the world the way to safeguard the wildlife and conservation. he also mentioned the increase in wildlife areas, number of lions in the country and how civil society, NGOs and governments are working together to safeguard the flora and fauns of India. 

11:13 AM

Modi remembers Guru Govind Singh as farmers from Punjab continue agitation

PM Modi remembered Guru Govind Singh on this day and talked about the sacrifice of his sons and mothers who gave their lives. he mentioned his visit to the Rakabgunj gurudwara earlier this week. The statements come in the backdrop of massive farm protest led by farmers of Punjab and Haryana, who have cornered Delhi demanding repeal of recently passed agricultural reforms.

11:10 AM

Vocal for local is a household slogan today

Vocal for local is a household slogan and it is responsibility of manufactures to make global level products and companies, startups need to come together and lead. He urged people to make a list of daily items and see what all foreign products are being used and to switch to their Indian alternative. Modi also asked citizens to take a resolution for the country.