Flipkart will work with ABFRL on sales of its brands.ap
India's defence canteens sell liquor, electronics and other goods at discounted prices to soldiers, ex-servicemen and their families. (REUTERS)
India's defence canteens sell liquor, electronics and other goods at discounted prices to soldiers, ex-servicemen and their families. (REUTERS)

No more scotch? India moves to ban imported goods at military shops

The Oct. 19 internal order from the defence ministry, reviewed by Reuters, said that in future, 'procurement of direct imported items shall not be undertaken'.

The minutes show clearly that the MPC is not looking at FY21 anymore but beyond.

Your favourite newspaper at your fingertips.

Try Mint E-paper
Bihar Chief Minister Nitish Kumar greets Prime Minister Narendra Modi during an election meeting, ahead of Bihar Assembly elections.
Kiran Mazumdar-Shaw (Photo: @kiranshaw on Twitter)
Ebitda during the September quarter was 1,703 crore, up 30.9% Quarter on quarter. (MINT_PRINT)
Bajaj Auto said that the company is planning to ramp up production capacity for Chetak, said Rajiv Bajaj
Bajaj Auto said that the company is planning to ramp up production capacity for Chetak, said Rajiv Bajaj

Bajaj Auto plans a dedicated plant for electric scooter Chetak

  • Delhi, Bangalore and Hyderabad are among the key locations that are being evaluated by the company
  • The electric scooter is currently produced at the company’s Chakan plant, a unit that typically operates at near-100% capacity utilization round the year

Imran Khan, Prime Minister of Pakistan. (AP)
Imran Khan, Prime Minister of Pakistan. (AP)

Pakistan to stay on FATF grey list till February 2021

  • India's nuclear-armed neighbour failed to meet the conditions needed for unfettered access to international funds
  • In a statement, the FATF urged Pakistan to complete an internationally agreed action plan by February 2021

The most important news delivered to your inbox with our newsletters

Subscribe for free
Reserve Bank of India. Mint
Reserve Bank of India. Mint

MPC members differ over growth recovery

  • RBI deputy governor Michael Patra spoke about the need to exercise pragmatic caution even as some high frequency indicators indicate a sequential improvement
  • Governor Shaktikanta Das, on the other hand, was more optimistic about a strong economic rebound by next year

(Photo: Reuters)
India may pay the price for non-adherence to appropriate covid-19 behaviour with winter setting in, says health minister Harsh Vardhan. ht (MINT_PRINT)
India may pay the price for non-adherence to appropriate covid-19 behaviour with winter setting in, says health minister Harsh Vardhan. ht (MINT_PRINT)

Next 3 months will help determine the situation of Covid in India: Vardhan

  • In the last three months, the country has seen significant improvement in the Covid parameters
  • The Health Minister held a meeting ministers and other senior officials of Uttar Pradesh to review Covid-19 preparedness

Finance minister Nirmala Sitharaman. (MINT_PRINT)
Yes Bank's Net Interest Income (NII) increased 3.4% quarter-on-quarter to  ₹1,973 crore (MINT_PRINT)
Prime Minister Narendra Modi addresses supporters during an election campaign rally ahead of Bihar Assembly elections, at Biada Maida in Sasaram on Friday. (ANI Photo)
Prime Minister Narendra Modi addresses supporters during an election campaign rally ahead of Bihar Assembly elections, at Biada Maida in Sasaram on Friday. (ANI Photo)

PM Modi to brainstorm with global oil major chiefs on Monday

  • The meeting this year is expected to see participation from around 45 CEOs of major oil and gas firms
  • India is exploring the possibility of storing crude oil in the Strategic Petroleum Reserve of the US

The UPSC civil services prelims exam was conducted on 4 Oct. Photo: HT
Anand Mahindra, 65, is known for his witty and engaging posts on social media. (Reuters)
Anand Mahindra, 65, is known for his witty and engaging posts on social media. (Reuters)

The world will be a much safer place because... See Anand Mahindra's post

  • Anand Mahindra shared a post on Twitter, showing the digital way of dealing with 'violence' along with a video
  • In the video, two people can be seen talking to each other over video conferencing platforms. However, within seconds, they start yelling at each other showing slippers on the video cam

Covaxin is currently in the phase II clinical trial in the country (AFP)
The subject expert committee of the Central Drugs Standards Control Organisation earlier this week gave approval for phase 3 trials.
The subject expert committee of the Central Drugs Standards Control Organisation earlier this week gave approval for phase 3 trials.

Coronavirus update: Bharat Biotech aims to launch Covaxin by June 2021

  • The vaccine maker to enrol 26,000 subjects for phase 3 trial starting mid-November. The trial will be conducted across 25-30 sites in the country and the process of getting ethics committee approvals of individual sites is on

At present, 5paisa.com mobile application has over 60 lakh users
Sebi has levied a fine on an employee of Biocon Ltd for violating insider trading norms (MINT_PRINT)
Sebi has levied a fine on an employee of Biocon Ltd for violating insider trading norms (MINT_PRINT)

Sebi levies fine on Biocon employee for violating insider trading norms

  • Singh's transactions exceeded the value of 10 lakh on two occasions and were required to be disclosed within two days, but she failed to do so
  • Sebi imposed a consolidated fine of 3 lakh on Singh for both the violations -- not obtaining pre-clearance and making delayed disclosures

A bottle containing the drug Remdesivir is held by a health worker at the Institute of Infectology of Kenezy Gyula Teaching Hospital of the University of Debrecen in Debrecen, Hungary, (AP)
A bottle containing the drug Remdesivir is held by a health worker at the Institute of Infectology of Kenezy Gyula Teaching Hospital of the University of Debrecen in Debrecen, Hungary, (AP)

WHO says it will have advice on remdesivir in 3-4 weeks

  • A WHO panel will convene next week to look at all evidence of the effectiveness of the drug
  • WHO chief scientist Soumya Swaminathan said the U.S. FDA drug regulator does not appear to have taken the results of the global health body's study into account in giving approval

Dr Randeep Guleria, director of AIIMS (Photo: Mint)
The finance ministry had last week revised its borrowing calendar for the second half to accommodate the special borrowing scheme (PTI)
The finance ministry had last week revised its borrowing calendar for the second half to accommodate the special borrowing scheme (PTI)

Centre kicks off GST compensation release under special borrowing scheme

  • The Centre borrowed and transferred 6,000 crore to 16 states and two union territories on Friday under the scheme
  • Out of the 21 states that opted for the borrowing scheme, five did not have any revenue shortfall to be compensated

Convalescent Plasma Therapy is an experimental procedure for treating COVID-19 patients. (AFP)
A file photo of the Indian Parliament. Photo: Priyanka Parashar/Mint
The number of COVID-19 patients in U.S. hospitals climbed to a two-month high. (REUTERS)
The number of COVID-19 patients in U.S. hospitals climbed to a two-month high. (REUTERS)

New Covid-19 infections in US approach record single-day high

  • There are now nearly 41,000 hospitalized coronavirus patients across the country, up 34% from Oct.
  • On Thursday, there were 916 reported fatalities in the United States, a day after the country recorded over 1,200 new deaths for the first time since August

Nestle India: Demand in ‘out-of-home’ channels improved during the quarter (Reuters)
Nifty rose 0.28% to 11,930.35
Foreign minister S. Jaishankar. (MINT_PRINT)
Foreign minister S. Jaishankar. (MINT_PRINT)

India invested deeply in success of United Nations: Jaishankar

  • The external affairs minister also said that India is looking forward to beginning its eighth term as a non-permanent member of the UN Security Council
  • India has been elected as a non-permanent member of the UN Security Council (UNSC) for a two-year term, beginning January 2021

RJD leader Tejashwi Yadav waves his supporters as he arrives to address the crowd during an election rally ahead of the Bihar Assembly Elections
RJD leader Tejashwi Yadav waves his supporters as he arrives to address the crowd during an election rally ahead of the Bihar Assembly Elections

Lalu coming out on bail on Nov 9, Nitish's farewell next day: Tejashwi

  • Prasad is in judicial custody in Jharkhand capital Ranchi after his conviction in fodder scam cases
  • Tejashwi said Bihar has a budget of 2.13 lakh crore and the Nitish Kumar government manages to spend just 60 per cent of it

Senior Congress leader Shashi Tharoor.ht (MINT_PRINT)
Congress leader Rahul Gandhi along with RJD leader Tejashwi Yadav during an election meeting, at Hisua in Nawada district, Friday (PTI)
Punjab Finance Minister Manpreet Singh Badal (Twitter/Manpreet Singh Badal)
Gold rates today: On MCX, prices edged higher to  ₹50,845 per 10 gram
Shares of RVNL closed at  ₹18.80 on Friday, up 0.53% over the previous close on the BSE (MINT_PRINT)
Shares of RVNL closed at 18.80 on Friday, up 0.53% over the previous close on the BSE (MINT_PRINT)

Govt to sell up to 15% stake in RVNL via OFS

  • The government will appoint up to three merchant bankers for managing RVNL share sale
  • During the current financial year, the government has mopped up 6,138.48 crore through OFS and IPO of PSUs

If the spouse possesses technical or professional qualifications and the income is solely attributable to the application of his or her technical or professional knowledge and experience, such income cannot be clubbed. Photo: Hindustan Times
If the spouse possesses technical or professional qualifications and the income is solely attributable to the application of his or her technical or professional knowledge and experience, such income cannot be clubbed. Photo: Hindustan Times

Income tax rules, exclusions for clubbing income of minor child and spouse

If the minor child is suffering from any disability of any nature specified under Section 80U of the Income Tax Act, the income cannot be clubbed.

(Photo: Reuters)
Netizens took to social media to share pics an videos of rains.  (Twitter)
x
×
My Reads Redeem a Gift Card Logout