The Income Tax Department is conducting searches in four cities, including Delhi and Jaipur, in connection with a tax evasion case against a Rajasthan-based jewellery group, officials said on Monday.

They said the raids have been launched early morning in Delhi, Jaipur, Mumbai and Kota.

Shares of YES Bank extended their decline itnto second straight day, down 17 per cent to Rs 21.20 in the intra-day trade, on the BSE on Monday on the back of heavy volumes after the bank on Friday fixed floor price for its proposed follow-on public offer (FPO) at Rs 12 per share and a cap of Rs 13 per unit. In the past two trading days, the stock has tanked 20 per cent from a level of Rs 26.65 on the BSE.

With the political logjam in Rajasthan continuously intensifying, the ruling Congress in the state has made it clear that it will not tolerate any indiscipline in the party.

The statement comes as the crucial Congress Legislature Party meeting is underway.

With the political developments in Rajasthan intensifying after Deputy Chief Minister Sachin Pilot revolted against the Ashok Gehlot led government, the Congres party is likely to sack the former as the president of Rajasthan Congress.

Raghuveer Meena likely to be appointed as new Congress state president in place of Sachin Pilot, sources quoted by Zee News claimed.

As the coronavirus cases in India continue to spread rapidly, India is now just behind the United States and Brazil in terms of the total confirmed cases as it already overtook Russia to take the third spot in the list of worst-hit nations in the world affected by the coronavirus disease (COVID-19). It is, therefore, also the biggest epicenter of the coronavirus disease pandemic in Asia.

With over 28,800 new cases reported in the last 24 hours, India's COVID-19 count on Monday crossed the 8.78 lakh-mark, while the death toll has crossed the 23,000-mark as well.

The World Health Organization has reported another record in the increase in the number of confirmed coronavirus cases over a 24-hour period, at over 230,000.

The UN health agency said Sunday the United States again topped the list among countries, with more than 66,000 cases recorded.

Rajasthan Deputy Chief Minister and Congress leader Sachin Pilot will not attend the Congress Legislative Party (CLP) meeting scheduled to be held on Monday at Chief Minister Ashok Gehlot's residence.

The meeting has been scheduled for 10:30 AM on Monday at the Chief Minister's residence in Jaipur and a whip has been issued for all Congress legislators to compulsorily attend the meeting.

The clinical trials of the world’s first coronavirus vaccine on volunteers at Sechenov First Moscow State Medical University have been successfully completed, Vadim Tarasov, the director of the Institute for Translational Medicine and Biotechnology, told Sputnik, adding that the first group of volunteers would be discharged on Wednesday and the second on July 20.

The university began clinical trials of the vaccine produced by Russia’s Gamalei Institute of Epidemiology and Microbiology on June 18.

An encounter broke out between security forces and terrorists in the Srigufwara area of Anantnag district in South Kashmir.

A top officer informed that a joint team of Anantnag Police, 3 RR and CRPF launched a cordon and search operation on specific inputs about the presence of militants in the area.

Abhishek Bachchan took to his Twitter page and confirmed that Aishwarya Rai Bachchan and daughter Aaradhya Bachchan have also been tested positive for coronavirus. He also revealed that Jaya Bachchan has been tested negative. Abhishek went on to share that Aishwarya and Aaradhya will be home quarantining. While Amitabh Bachchan and Abhishek are admitted to Nanavati Hospital in Mumbai. Abhishek also urged everyone to follow rules and be safe too.

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