Business Archives - Page 45 of 59

Govt indulging in distraction politics on Adani issue: Rahul Gandhi on Apple alert

editor October 31, 2023

NEW DELHI: Congress leader Rahul Gandhi said on Tuesday that Apple had warned him and other opposition leaders and members of his office that state-sponsored hackers were aiming for their phones. He also said that snooping and investigation agencies are brought in as soon as the Adani issue is brought up. In relation to the Adani issue, he also claimed that the government was engaging in "distraction politics". Gandhi displayed a copy of the email that the manufacturer of Apple phones sent to a number of opposition leaders warning them about "state-sponsored attackers trying to compromise" their phones during a news conference.Party chiefs like Pawan Khera, Supriya Shrinate, K C Venugopal, and a number of other opposition leaders, he claimed, had received the Apple warning. "We don't feel afraid. I don't mind if you tap on the phone as much as you like. I will give you my phone if you would want to have it," he said. "The hierarchy in the country is No. 1 - Adani, no. 2 Prime Minister Narendra Modi and no. 3 Amit Shah," he said. Gandhi made his point by recounting an old story. He said that there once was an Indian monarch who was attacked and resisted by the people, but he was unaffected by anything and held firm. "We keep attacking the king, people are against him, but nothing happens," the opposition people stated to a rishi after a few years. Gandhi stated, "The king's soul is not with him; it is in a parrot that lives in a little cottage," according to Rishi. "Adani has the soul of Narendra Modi. The fact is that power is not with you. Intelligence organisations start spying on people as soon as they come into contact with Adani," he claimed. Adani is encircled by us, so he cannot flee. Distraction politics are happening," he declared. On Tuesday, a few opposition figures shared the alleged screenshots on their X accounts, claiming to have received warnings from Apple alerting them to "state-sponsored attackers trying to remotely compromise" their iPhones. The message from Apple on X was posted by Shiv Sena (UBT) MP Priyanka Chaturvedi, Mahua Moitra of the Trinamool Congress, Raghav Chadha of the Aam Aadmi Party, Shashi Tharoor of the Congress, and Pawan Khera, head of his party's media and publicity department. Sitaram Yechury, general secretary of the CPI(M), too got a similar communication. contacted Apple for a reaction on the issue, but they did not receive one right away. "I got a text and email from Apple alerting me to the possibility that the government is attempting to access my email and phone. @HMOIndia obtain a life. I feel sorry for you because of Adani and PMO's bullying; I shared the screenshots with Moitra. "ALERT: State-sponsored attackers may be targeting your iPhone," read the warning that the MPs posted. According to Apple, state-sponsored attackers are attempting to remotely compromise the iPhone linked to your Apple ID. Because of who you are or what you do, these attackers are probably specifically aiming their attacks at you. A state-sponsored attacker may be able to remotely view your private information, conversations, and even the camera and microphone if they manage to breach your smartphone. It said, "Please take this warning seriously, even though it may be a false alarm. Amit Malviya of the BJP responded to the opposition leaders by writing on X, saying, "It's all well and good for regular suspects to stir up a ruckus over a'state sponsored' attack and act like martyrs. However, this whole mess will probably end up as damp squib, just like it has in the past!"Why not hold off till Apple provides clarification? Or is it too much to pass up the chance to infuriate?" [caption…

Business International National

USISPF honours Nita. M. Ambani with the 2023 USISPF Global Leadership Award for Philanthropy and Corporate Social Responsibility

editor October 30, 2023

29 October : Nita M. Ambani, Founder and Chair of Reliance Foundation was presented the award by John Chambers, Chairman of USISPF, at a reception in New Delhi on Sunday 29 October attended by USISPF…

Business header National

Centre Asks States Not To Impose Tax Or Duty On Power Generation

editor October 29, 2023

NEW DELHI, Oct 29: The Central government has requested that states refrain from imposing any taxes or duties on electricity produced by any source, including wind, solar, hydro, or coal, adding that doing so would be unlawful and unconstitutional. In a circular published on October 25, the Union Ministry of Power stated that it had been brought to the attention of the Central Government that several State Governments had placed extra fees on the production of electricity from different sources, purporting to be development free/charges/fund.It stated that it is unlawful and unconstitutional to impose such additional costs or fees in the form of taxes or duties on the production of energy, which includes all forms of generation, including nuclear, solar, wind, and thermal. The ministry clarified the constitutional position by stating that the VII Schedule expressly states the authority to impose taxes and charges. The states' authority to impose taxes and duties is listed in entries 45 through 63 of List II of the VII Schedule. Since the Central Government has residuary powers, the State Governments cannot impose any taxes or charges that are not clearly listed in this list, it stated. The states are permitted to impose taxes on the sale or consumption of energy within their borders per Entry-53 of the List-II (State List).This excludes the authority to levy any fees or charges on the production of electricity. This is due to the fact that electricity produced on a state's territory may be used in other states, and no state has the authority to impose taxes or other obligations on its citizens, according to the decision. The ministry continued by saying that where a supply of products or services occurs outside of a state, Article-286 of the Constitution expressly forbids states from charging any taxes or charges on that supply. Additionally, taxes on the sale or consumption of electricity purchased by the Central Government or consumed by it for use by the Government or its agencies are prohibited by Articles 287 and 288.The directives said that no state might impose taxes or levies on electricity generation or interstate delivery under the pretence of charging more or offering a free service for electricity generated from any source, including renewables, hydropower, or thermal energy, in accordance with the requirements of the constitution. The federal government requested that states immediately eliminate any taxes, duties, or fees imposed under the pretence of funding for the generation of power from whatever source. The Ministry had requested in April that states refrain from levying any taxes or duties on electricity generation, particularly from hydroelectric projects. Under the pretence of imposing a cess on the use of water for electricity generation, many states have levied taxes or levies on the production of electricity.However, the power ministry had stated on April 25 that "even though the state may call it a water cess, it is actually a tax on the generation of electricity-the tax is to be collected from the consumers of electricity who may happen to be residents in other states." It said that any tax imposed on the non-consumptive usage of these rivers' water for the production of power would be unconstitutional. The ministry had claimed that hydroelectric projects don't use water to generate electricity, noting that the majority of them are situated on interstate rivers. Similar to how energy from wind projects is produced, electricity is produced by guiding the flow of water via a turbine. The wind is used to turn the turbine, producing power. As a result, the ministry declared that there was no justification for imposing an air or water cess. [caption id="attachment_4650" align="alignnone" width="300"] Centre Asks States Not To Impose Tax Or Duty On…

Business header International National Political

Govt imposes USD 800/tonne minimum export price on onion; to buy additional 2 lac tonnes for buffer

editor October 29, 2023

NEW DELHI: In an effort to boost the supply of onions on the domestic market and control pricing, the government on Saturday set a minimum export price (MEP) of USD 800 per tonne for onion exports through December 31 of this year. The ruling is effective as of October 29. In addition, the government has declared that it will purchase an extra 2 lakh tonnes of onions for the buffer in addition to the 5 lakh tonnes that it has already purchased. All onion varieties—aside from Bangalore Rose and Krishnapuram onions—as well as chopped, sliced, or broken onions in powder form are covered by the MEP. "Onion exports are free. MEP of USD 800 FOB (free on board) per tonne is enforced through December 31, 2023, according to a statement from the Directorate General of Foreign Trade. According to an official statement, the action will support keeping onions reasonably priced and sufficiently available to domestic consumers as the amount of Rabi 2023 onions being stored is decreasing. The MEP of USD 800 per tonne is equivalent to roughly Rs 67 per kg. Since the second week of August, onions from the buffer have been regularly disposed of in the nation's key consumption hubs. They have also been made available to retail customers at a cost of Rs 25 per kg via mobile vans run by NCCF and NAFED.Approximately 1.70 lakh metric tonnes of onions have been removed from the buffer thus far. In order to keep consumer prices in check and guarantee onion growers receive fair compensation, onions are continuously purchased and disposed of from the buffer, according to the statement. The DGFT announcement further stated that some onion consignments, including those that were turned over to Customs prior to this notice and are registered in their system, will be permitted to be exported without MEP. Consignments of onions that were brought into the Customs station for exportation prior to the issuance of this notification and that are registered in the electronic systems of the relevant Customs station custodian with verifiable proof of the date and time these goods were brought into the Customs station are also eligible for export. It further stated that export duties paid would not be reimbursed. Due to a reduction in availability, onion prices in the national capital's retail market have increased even further to Rs 65–80 per kg. In Delhi-NCR, Mother Dairy, which has over 400 Safal retail locations, charges Rs 67 per kg for loose onions.e-commerce website Otipy costs Rs 70 per kg, whereas Bigbasket sells for Rs 67. Onions are being sold by local sellers for Rs 80 per kg. On Wednesday, Mother Dairy was selling onions for Rs 54–56 per kg; as of right now, the price per kg has increased to Rs 67. The Centre agreed on Friday to increase the sale of buffer onions at a discounted rate of Rs 25 per kg in retail markets in an effort to help customers in light of the increase in retail prices. The average retail price of onions in India on Saturday is Rs 45 per kg, with a maximum price of Rs 80 per kg, according to data from the Department of Consumer Affairs. The going rate in Delhi is Rs 75 per kg on average. In those states where there has been a significant increase in prices, the ministry reports that onions are being offloaded from the buffer stock in both wholesale and retail markets. Approximately 1.7 lakh tonnes of buffer onions have been offloaded at various places across 22 states since mid-August. Buffer onions are offloaded from retail markets by vehicles and the outlets of two cooperative entities, NCCF and NAFED, at a reduced rate of Rs 25 per kg. Buffer onions are also available in Delhi at this discounted price. According to a top government official, poor weather caused the kharif onion seeding to be delayed, which led to less crop coverage and a delayed delivery of the crop. By now, the fresh kharif onions ought to have begun to arrive, but they haven't. The official said, "There is a tight supply situation, resulting in price increases in both wholesale and retail markets. This is caused by stored rabi onions running out and delays in the arrival of kharif onions." The government has quadrupled the buffer supply of onions for the current year, he added, so domestic availability should improve and pricing should be monitored in the coming days. The consumer affairs ministry, working with NCCF and NAFED, has kept a buffer stock of 5 lakh tonnes of onions for the 2023–24 fiscal year. They also have plans to purchase an additional 2 lakh tonnes of onions in the near future. [caption id="attachment_4635" align="alignnone"…

Breaking News Business header National

Mukesh Ambani receives death threat, email demands Rs 20 cr

editor October 28, 2023

MUMBAI: Mukesh Ambani, the chairman of Reliance Industries, received emails threatening to shoot him to death if he did not pay Rs 20 crores. The threatening email said, "If you don't give us 20 crore rupees, we will kill you, we have the best shooters in India," according to the Mumbai police. Following receipt of the email, Mumbai's Gamdevi Police filed a case against an unidentified individual under sections 387 and 506 (2) of the IPC and commenced an inquiry, based on the complaint of Mukesh Ambani's security in-charge. [caption id="attachment_4586" align="alignnone" width="300"] Mukesh Ambani receives death threat, email demands Rs 20 cr[/caption]

Breaking News Business header Jammu and Kashmir National Political

IT department sensitises officers about taxation, financial matters

editor October 28, 2023

JAMMU: An outreach and sensitization programme was held on Friday by the Income Tax Department and the Deputy Commissioner's office to increase public knowledge and comprehension of financial and tax issues. During the programme, Assistant Accounts Officers and Drawing and Disbursing Officers from various departments participated in an interactive session led by Income Tax Officer Jammu, Rajneesh Gupta, and Deputy Commissioner Income Tax Jammu, Dr. Mohnish Digra. In addition to highlighting the need of financial literacy, Dr. Mohnish Digra underlined India's goal of being a developed country by 2047. He emphasised the number of income tax returns filed over the years and the steady rise in net direct tax receipts.Dr. Mohnish Digra also spoke to the audience about a worrying trend in which people are reporting incorrect deductions in order to obtain fraudulent refunds, which causes losses for the government. Employees were reminded that the Income Tax Department keeps a careful eye on these kinds of deductions, and DDOs were made aware of their responsibility to confirm the validity of such claims. Rajneesh Gupta emphasised the severe repercussions of claiming fictitious refunds, which include case review, tax recovery, and penalties under section 270A up to 200% of the tax avoided. He pointed out that such behaviour may result in prosecution under Income Tax Act section 276C, which carries a harsh sentence of up to seven years in prison.Gupta also provided the audience with information regarding the possible remedies for correcting errors, which include filing amended forms for Assessment Years 2021–22 and 2022–23 under section 139(8A) of the IT Act and paying 25% and 50% of the applicable penalties in addition to the tax. For Assessment Year 2023–2024, ITR revisions are permitted without incurring penalties. Interactions took place during the programme to address a variety of topics, including how to accurately file ITRs, how to use the Income Tax chatbot, what deductions are allowed under the Income Tax Act of 1961, and how tax calculation advantages both under the old and new tax regimes. Attendees included PO POSHAN, Renu Bhasin, Assistant Commissioner General, Manisha, and other district officers. [caption id="attachment_4571" align="alignnone" width="300"] IT department sensitises officers about taxation, financial matters[/caption]

Business header Jammu and Kashmir National Political

CS Dr.Mehta flags off 400 person J&K contingent of Amrit Kalash Yatra for New Delhi

editor October 28, 2023

JAMMU: At the Conventional Centre Jammu here, Chief Secretary Dr. Arun Kumar Mehta officially launched the Amrit Kalash Yatra under the banner of "Meri Mati Mera Desh" (Mitti Ko Naman Veeron Ko Vandan) to New Delhi today. In addition to a sizable number of PRI members from throughout the UT, those in attendance included Additional Chief Secretary (ACS), Home, R K Goel; Commissioner Secretary, GAD, Sanjeev Verma; Secretary Culture, Dr Syed Abid Rasheed Shah; and other Administrative Secretaries, IGP Jammu, Div Com Jammu, DC Jammu.The chief guest and other dignitaries lit a traditional lamp to kick off the programme. The Chief Secretary also gave the attendees a pledge on PanchPran (Pratigya) that included a developed nation by 1947. During the programme, the Chief Secretary and other dignitaries also kept some Mitti in the Kalash (pot) under the'muthibharmitti'. He described it as a symbolic action to demonstrate support for fellow citizens of our magnificent country. Speaking to the crowd, the Chief Secretary announced that 83 lakh participants from Jammu and Kashmir made up the largest group of participants in Meri Maati Mera Desh, based on the population ratio of the country's States and Unions.He praised everyone who helped make this a reality and called this accomplishment extraordinary. Dr Mehta also expressed gratitude to the relevant departments for contributing to the UT's tremendous performance. According to him, a lot of activities were held at the block and panchayat levels. Every home provided Mitti (dirt), which was mixed throughout the programme to commemorate the nation's vast cultural, linguistic, and socioeconomic variety. According to the Chief Secretary, UT's success in a number of areas may be attributed to the dedication of its staff and administration. He implied that the rapid improvement the UT has made over the last few years should make every household in J&K proud.According to Dr. Mehta, UT today prides itself on being among the top performers in the nation in practically every programme run at the national level. Dr. Syed Abid Rasheed Shah, the secretary of culture, has earlier highlighted the panchayat and block level events that took place during this event's initial phase. He also spoke to the representatives who would take part in this month's final programme in New Delhi on the 31st. Prior to this, the Chief Secretary planted a tree on campus to launch a plantation effort as part of "Vasudha Vandhan." In order to commemorate the construction of the greatest number of these structures in the UT, he also unveiled a Shilaphalakam on the same grounds.It should be noted that the Amrit Kalash Yatras gather mitti from every family at the block level and are to be transported to New Delhi by volunteers in order to create a national monument that will be named AmritVatika. The Chief Secretary congratulated all parties involved on the program's excellent year-end. About four hundred volunteers from each UT block and ULB make up the J&K contingent. The groups would be headed by cultural officers and district-level nodal officers to ensure a seamless transition of this yatra to the nation's capital. [caption id="attachment_4567" align="alignnone" width="300"] CS Dr.Mehta flags off 400 person J&K contingent of Amrit Kalash Yatra…

Business header National Political

Jio Launches Super-Fast Internet Everywhere in India

editor October 27, 2023

27-OCT : Jio, one of India’s top internet providers, has done something incredible. They’ve brought super-fast internet to the farthest parts of India using satellites. This means people in places that couldn’t get good internet…

Breaking News Business header National

1 web Satellite Service Ready To Connect All Parts Of The Country From Next Month : Mittal

editor October 27, 2023

New Delhi, Oct 27: The OneWeb satellite communication service, according to Bharti Airtel Chairman Sunil Bharti Mittal, is prepared to link every region of the nation starting next month. Speaking at the opening session of the India Mobile Congress 2023, Mittal stated that Airtel has expanded its 5G services over the whole nation, including 20,000 villages and 5,000 towns and cities, since the service's inception last year. He stated that Airtel has been providing internet access to rural and isolated areas with funding from the Universal Services Obligation Fund, and that satellite technology now makes it possible to connect the entire nation."The OneWeb constellation is prepared to serve both the nation and the world. From next month onwards, everybody, anywhere in the nation, including isolated or challenging regions, will be able to connect," Mittal stated. After merging with Eutelsat, OneWeb will now do business as Eutelsat OneWeb, with its main office located in London.Holding the largest share of 21.2% in the combined company is Bharti Enterprises. OneWeb, sponsored by Bharti Enterprise, has finished assembling its constellation of more than 618 low-Earth orbit satellites, enabling it to provide broadband internet services globally from space. [caption id="attachment_4537" align="alignnone" width="300"] 1web Satellite Service Ready To Connect All Parts Of The Country From Next Month : Mittal[/caption]

Breaking News Business header Jammu and Kashmir National Political

LG Sinha receives Amrit Kalash from all Blocks and Municipal bodies of Kashmir Division

editor October 27, 2023

SRINAGAR : Today, as part of the Meri Maati Mera Desh Campaign, Lieutenant Governor Manoj Sinha accepted the Amrit Kalash from all of the Kashmir Division's blocks and municipal bodies and gave the Amrit Kalash Yatra the green light to continue on to New Delhi via Jammu. Over 1.5 lakh special celebration activities were planned in J&K to commemorate the collection of Mitti and Rice from homes in all villages and urban wards from September 11th to September 30th, 2023. On this auspicious occasion, the Lieutenant Governor dedicated 4605 Shilaphalakams and 3952 Amrit Vatikas throughout the University of Technology to honour the memories of notable individuals who gave their lives and made priceless contributions to the advancement and prosperity of Jammu Kashmir."Meri Maati Mera Desh is a time to honour the bravery and selfless sacrifice made by freedom warriors. The Lt Governor stated in his speech that "the sacred flame of their selfless sacrifice and contribution of our charismatic forefathers in development will illuminate our journey of Amrit Kaal." It is a representation representing the dreams and ambitions of the average person in J&K, Utah, not an actual event. According to him, it's also a wake-up call to a new J&K that is advancing with a fresh sense of purpose and determination.The Lieutenant Governor urged cooperation in achieving the goal of a developed India while delivering the "Panch Pran" commitment to the populace. Through Panch Pran, Hon. Prime Minister Shri Narendra Modi Ji has opened our eyes to a new direction. "These five Pran will guide us in Amrit Kaal," he said. "Goal of developed India is to remove any trace of colonial mindset, take pride in our roots, unity and sense of duty among citizens." According to the Lieutenant Governor, Meri Maati Mera Desh is also a representation of renewed commitment, a chance for group introspection, and a fresh start for team J&K.He stated, "I am convinced that the campaign will create new strength and new confidence in the development journey of J&K UT." We will have to commit every moment of our life to nation building. To commemorate the event, the Lieutenant Governor also planted a sapling of Picea smithiana, or Himalayan spruce. The following people were in attendance: Dr. Syed Abid Rasheed Shah, Secretary of the Tourism Department; Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor; Junaid Azim Mattu, Mayor of SMC; Aftab Malik, Chairman, DDC Srinagar; DDC Chairpersons; members of PRIs; ULBs; and senior officers from Civil Administration, Police, and Security Forces. [caption id="attachment_4513" align="alignnone" width="300"] LG Sinha receives Amrit Kalash from all Blocks and Municipal bodies of Kashmir Division[/caption]

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