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Death toll rises to 308 in Wayanad landslides, rescue operations underway

Death toll rises to 308 in Wayanad landslides, rescue operations underway

Kerala Health Minister Veena George on Friday confirmed 308 deaths in the multiple landslides that hit Wayanad on July 30.

The rescue and relief operations are underway in Chooralmala and Mundakkai in the Meppadi region where the landslides wreaked havoc.

Rupee near all-time low, RBI intervention expected to limit losses

Rupee near all-time low, RBI intervention expected to limit losses

The Indian rupee is likely to hover near its all-time low at open on Friday, unable to benefit from a drop in US bond yields, with traders expecting intervention from the Reserve Bank of India to continue limiting the currency's losses.

Non-deliverable forwards indicate rupee will open at around 83.73-83.74 against the US dollar, marginally weaker than its close at 83.7175 in the previous session.

Karnataka authorities have withdrawn GST tax notice, says Infosys

Karnataka authorities have withdrawn GST tax notice, says Infosys

In the Rs 32,400 crore Goods and Services Tax (GST) demand on Infosys, the Karnataka State authorities have withdrawn the pre-show cause notice to the company.

In a regulatory filing, the company said: “The company has received a communication from Karnataka State authorities, withdrawing the pre-show cause notice and has directed the company to submit further response to the Directorate General of GST Intelligence (DGGI) central authority on this matter.”

Zomato Q1 FY25 results: Profit rises to Rs 253 crore, revenue up 74%

Zomato Q1 FY25 results: Profit rises to Rs 253 crore, revenue up 74%

Food aggregator platform Zomato on Thursday reported a consolidated profit of Rs 253 crore in the first quarter (Q1) of financial year 2024-25 (FY25), up from Rs 175 crore a quarter ago. The company turned profitable for the first time ever in the corresponding period last year (Q1 FY24), with a profit of Rs 2 crore.

Zomato’s revenue from operations rose 74 per cent year-on-year (Y-o-Y) to Rs 4,206 crore in Q1, up from Rs 2,416 crore a year ago. It had reported a revenue of Rs 3,562 crore in the previous quarter.

Power consumption up by 3.5% to 145.4 bn units in July amid rainfall

Power consumption up by 3.5% to 145.4 bn units in July amid rainfall

India's power consumption rose a meagre 3.5 per cent to 145.40 Billion Units (BU) in July compared to the year-ago period as rainfall brought down temperatures from the scorching heat.

In July 2023, the power consumption stood at 140.41 BU, according to official data.

The highest supply in a day (peak power demand met) also rose to 226.63GW in July 2024 against 208.95 GW in the year-ago month.

India's new Parliament building leaks: Congress MP files adjournment motion

India's new Parliament building leaks: Congress MP files adjournment motion

Congress MP Manickam Tagore has submitted an adjournment motion notice in the Lok Sabha over "water leaks" inside the Parliament. The notice, filed on Thursday (August 1), proposes the formation of a "specialised committee" to inspect the Parliament building. The Congress MP has also shared a video of water leaks inside the lobby caused by heavy rainfall on Wednesday.

Andhra Guv promulgates ordinance for Rs 1.3 trn Vote-on-Account budget

Andhra Guv promulgates ordinance for Rs 1.3 trn Vote-on-Account budget

Andhra Pradesh Governor S Abdul Nazeer has promulgated an ordinance approving a Vote-on-Account budget for the state for a sum of Rs 1.3 trillion for four months.

The Andhra Pradesh Appropriation (Vote-on-Account No. 2) Ordinance, 2024 came into force and enables the state government to withdraw funds from the Consolidated Fund of the state.

Air India Express freedom sale: Get fares starting at Rs 1947 from today

Air India Express freedom sale: Get fares starting at Rs 1947 from today

As India gears up to celebrate its 77th Independence Day, Air India Express has launched a "Freedom Sale" with fares as low as Rs 1947.

Book your flights between now and August 5th for travel until September 30th, 2024. You can explore both domestic and international routes, including popular getaways like Delhi-Jaipur, Bengaluru-Goa, and Delhi-Gwalior.The airline is offering discounts across its network of 15 international and 32 domestic destinations.

Infosys gets demand notice for GST evasion of over Rs 32,000 crore

Infosys gets demand notice for GST evasion of over Rs 32,000 crore

India's second largest IT services company Infosys has been slapped with a 'pre-show cause' notice for alleged GST evasion to the tune of about Rs 32,403 crore.

In a BSE filing, the Bengaluru headquartered IT firm said Karnataka State GST authorities have issued a pre-show cause notice for payment of GST of Rs 32,403 crores for the period July 2017 to March 2022, towards the expenses incurred by overseas branch offices of Infosys Ltd, and added that the company has responded to the pre-show cause notice.

UPSC cancels Puja Khedkar's selection, bans her for life for identity fraud

UPSC cancels Puja Khedkar's selection, bans her for life for identity fraud

The Union Public Service Commission (UPSC) on Wednesday cancelled the selection of Puja Khedkar as a trainee Indian Administrative Service (IAS) officer and imposed a lifetime ban on her from taking any future UPSC examinations. This severe action follows the discovery that Khedkar had falsified her identity to surpass the permissible number of attempts for the Civil Services Examination (CSE).

The UPSC, in a statement, confirmed that Khedkar was found guilty of violating the Civil Services Examination rules by faking her identity to gain additional attempts.

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