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AIADMK alliance with BJP to continue, says party general secy Palaniswami

AIADMK alliance with BJP to continue, says party general secy Palaniswami

All India Anna Dravida Munnetra Kazhagam (AIADMK) newly appointed General Secretary Edappadi Karuppa Palaniswami on Thursday said the party would continue its alliance with the BJP.

"We never said no. We have also always said that AIADMK is in alliance with the BJP. We were in alliance during the Erode East by poll. As of now, we are still travelling together in alliance towards the 2024 Parliament elections as well," said Palaniswami.

Donald Trump indicted in New York over hush money paid to porn star

Donald Trump indicted in New York over hush money paid to porn star

Donald Trump was indicted in New York for directing hush money payments to a porn star during his 2016 campaign, a historic event in American law and politics that is certain to divide an already polarized society and electorate.

A grand jury returned the indictment on Thursday, according to two people with knowledge of the matter, who asked not to be identified because the charges haven’t yet been made public.

CRISIL revises outlook on Vedanta's loans from 'stable' to 'negative'

CRISIL revises outlook on Vedanta's loans from 'stable' to 'negative'

Rating agency CRISIL has revised outlook on Anil Agarwal-controlled Vedanta Ltd’s (Vedanta) term loans and debentures from “stable” to “negative”.

The change in outlook reflects the possibility of higher-than-expected financial leverage and lower financial flexibility with reducing ratio of cash surplus to one-year maturities for FY23 and FY24.

Nykaa trades lower for 8th straight day, down 11%; stock nears record low

Nykaa trades lower for 8th straight day, down 11%; stock nears record low

Shares of FSN E-commerce Ventures, the parent company of Nykaa, continued to reel under pressure, and were down 2 per cent at Rs 125.05 on the BSE in Wednesday’s intra-day trade. The stock of the beauty e-retailer traded lower for the eight straight day and has shed 11 per cent during this period. It now quotes close to its all-time low of Rs 120.75, touched on January 23, 2023.

Election Commission to announce Karnataka Assembly elections schedule today

Election Commission to announce Karnataka Assembly elections schedule today

The Election Commission of India will announce the schedule of the General Election to the Legislative Assembly of Karnataka slated this year at 11

The EC will hold a press conference at Plenary Hall, Vigyan Bhawan in the national capital.

Karnataka, which has 224 seats in the Assembly currently has 119 MLAs of the ruling BJP, while Congress has 75 and its ally JD(S) has 28 seats.

Eye on growth post-pandemic, ITC to invest Rs 3,000 crore annually in India

Eye on growth post-pandemic, ITC to invest Rs 3,000 crore annually in India

ITC plans to invest Rs 3,000 crore per year for the next few years in India to boost its investments and accelerate growth, chairman and managing director of the cigarette-to-cookies conglomerate Sanjiv Puri said in an interview with The Economic Times (ET).
The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities. ITC will also go ahead with the demerger of its hotel business in the "next couple of quarters", which has been delayed due to the Covid-19 pandemic.

Irrigation projects worth Rs 5,500 crore sanctioned in Karnataka: CM Bommai

Irrigation projects worth Rs 5,500 crore sanctioned in Karnataka: CM Bommai

Karnataka Chief Minister Basavaraj Bommai on Tuesday said that irrigation projects worth Rs 5,500 crore have been sanctioned and launched across the state.

Speaking after unveiling the statues of Kittur Rani Chennamma, Kranti Veera Sangolli Rayanna, and Dr BR Ambedkar in the premises of Suvarna Vidhana Soudha here on Tuesday, he said in this year's budget, provision has been made to establish the Kittur Karnataka Development Authority which will decide on various big projects.

Healthy kids, adolescents may no longer need Covid shots, says WHO

Healthy kids, adolescents may no longer need Covid shots, says WHO

Healthy children and adolescents may no longer need Covid shots, the World Health Organization said, updating its guidance on vaccines as the world adjusts to living permanently with the virus.

Older people and higher-risk groups — including those with underlying conditions — should get Covid boosters between six and 12 months after their last injections, the WHO said in a statement announcing a revised vaccine road map for the new stage of the pandemic.

PAN-Aadhaar linking: Pay Rs 1000 fine as late fee; Know consequences of not linking

PAN-Aadhaar linking: Pay Rs 1000 fine as late fee; Know consequences of not linking

Permanent Account Number (PAN card) to become inoperative if Aadhaar and PAN are not linked by the end of this financial year March 31, 2023. From April 1, 2023, you will be required to pay additional fees to the government in the instance your PAN and Aadhaar are not linked.

"Tax would be required to be deducted at a higher rate if PAN becomes inoperative," said a CBDT circular dated March 30, 2022.

Disney layoff: 7,000 jobs to be affected ‘over the next four days’ impacting Disney Entertainment, Parks divisions

Disney layoff: 7,000 jobs to be affected ‘over the next four days’ impacting Disney Entertainment, Parks divisions

As part of a $5.5 billion cost-cutting effort, Disney has begun executing the first round of employment layoffs, which are estimated to affect 7,000 jobs. CEO Bob Iger sent a memo to staff on March 27.

During the next four days, the first group of affected employees received notifications. Thousands of workers will be affected by a second round of layoffs planned for April, and the remaining staff will be informed before summer.

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