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Eight chartered accountants are among the 258 persons arrested in the drive. (Representative image) Photo: iStock
India's Reforms Story
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A woman walks past a poster of Reliance Industries installed outside the venue of the company's annual general meeting in Mumbai June 7, 2012.  (REUTERS)
A woman walks past a poster of Reliance Industries installed outside the venue of the company's annual general meeting in Mumbai June 7, 2012. (REUTERS)

Reliance spins off oil-to-chemical unit

Reliance for the first time reported integrated earnings of the O2C business in its third quarter financial results

Residents rest for a few minutes after receiving the first dose of the COVID-19 vaccine at a pop-up vaccination site in the NYCHA housing complex in Brooklyn (Reuters)
Residents rest for a few minutes after receiving the first dose of the COVID-19 vaccine at a pop-up vaccination site in the NYCHA housing complex in Brooklyn (Reuters)

US surpasses 25 million coronavirus cases: Johns Hopkins data

  • The milestone was reached only five days after the US, the world's wealthiest and hardest-hit nation, recorded 400,000 deaths from the disease
  • President Joe Biden warned that deaths may reach 600,000 before vaccines begin to create immunity on a large scale

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The COVID-19 pandemic has severely disrupted the economies across the globe in unprecedented ways
A woman walks past a poster of Reliance Industries installed outside the venue of the company's annual general meeting in Mumbai June 7, 2012. REUTERS/Vivek Prakash/File Photo (REUTERS)
A woman walks past a poster of Reliance Industries installed outside the venue of the company's annual general meeting in Mumbai June 7, 2012. REUTERS/Vivek Prakash/File Photo (REUTERS)

Reliance’s Q3 numbers fall short as  investors await fresh triggers

  • RIL’s standalone Ebitda fell as much as 33% y-o-y; drop in consolidated profit was contained at 5%
  • The company’s gross refining margin continued to be substantially lower on a y-o-y basis

India ranks ninth globally in terms of the number of IPOs in 2020 with 43 IPOs raising $4.09 billion, as per the report ( Photo: iStock)
India ranks ninth globally in terms of the number of IPOs in 2020 with 43 IPOs raising $4.09 billion, as per the report ( Photo: iStock)

India sees 19 IPOs worth $1.84 billion in 2020 December quarter: Report

Reflecting strong momentum, India witnessed 19 initial public offers worth $1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021, according to a report.

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A healthcare worker fills a syringe with a dose of Bharat Biotech's Covid-19 vaccine called Covaxin (REUTERS)
Awfis is a startup that rents coworking space to businesses. Photo: Awfis
Work permits of foreigners in some professions will not be renewed after their expiry date
Work permits of foreigners in some professions will not be renewed after their expiry date

Oman bars expats from certain jobs amid economic downturn

  • A number of jobs in the private sector will be nationalised, Omani labour ministry said
  • Various jobs in insurance companies, shops and car dealerships, including finance, commercial and administrative positions, will be 'limited to Omanis only', the ministry added

These unique motor insurance schemes allow the users to pay the premium only on the days they use the vehicle or the distance they travel. Photo: HT
A healthcare worker fills a syringe with a dose of Bharat Biotech's COVID-19 vaccine called COVAXIN, during the coronavirus disease (COVID-19) vaccination campaign at All India Institute of Medical Sciences (AIIMS) hospital in New Delhi (REUTERS)
A healthcare worker fills a syringe with a dose of Bharat Biotech's COVID-19 vaccine called COVAXIN, during the coronavirus disease (COVID-19) vaccination campaign at All India Institute of Medical Sciences (AIIMS) hospital in New Delhi (REUTERS)

Covid vaccination: Over 16 lakh healthcare workers inoculated so far, says govt

  • India administered over 1 million vaccine doses within six days of roll out of the nationwide covid-19 inoculation program
  • More than 31,000 healthcare workers have been vaccinated in five states on the ninth day of the massive countrywide covid-19 vaccination program

Toy-tractors on display at the site of farmers' ongoing agitation against the new farm laws at the Singhu border (PTI)
(representational image)
In watching a Pujara rise above his pain; in watching a team of neophytes, cobbled together with duct tape, perform prodigies, we momentarily rise above our own pain. (Photo: AFP)
In watching a Pujara rise above his pain; in watching a team of neophytes, cobbled together with duct tape, perform prodigies, we momentarily rise above our own pain. (Photo: AFP)

Revenge of the lambs at the Gabbatoir

  • A day of unbelievable cricket at Brisbane can make you, albeit momentarily, forget even the most deeply-felt griefs
  • In no other field of endeavour do you take such selfless delight in the accomplishment of others, in achievements that in actuality make no particular difference to your own lives

Whatsapp and Facebook logos  (REUTERS)
FILE PHOTO: An employee fixes a VW sign at the company's production line  (REUTERS)
Photo: Bloomberg
The White House in Washington DC with beautiful blue sky
From the lowest point in March, the Sensex has climbed 96%.bloomberg (MINT_PRINT)
Pakistan's flag. (REUTERS)
Pakistan's flag. (REUTERS)

'No WhatsApp, FB messenger': Terror groups in Pak switch to new messaging apps

  • Terrorist groups and their handlers from Pakistan are switching to new applications which include one developed by a Turkish company
  • The new applications have the ability to work with the slowest internet connections where Enhanced Data for Global Evolution (EDGE), used in the late 2000s, or 2G is in operation

Indian Army trucks drive near Pangong Tso lake near the India-China border in Ladakh area. (AP)
In this file photo taken on October 28, 2015, Nepal's Prime Minister KP Sharma Oli waves after casting his vote in an election for Nepal's new president in Kathmandu. (AFP) (HT_PRINT)
In this file photo taken on October 28, 2015, Nepal's Prime Minister KP Sharma Oli waves after casting his vote in an election for Nepal's new president in Kathmandu. (AFP) (HT_PRINT)

Nepal PM Oli expelled from Communist Party amid political unrest

Tens of thousands of people protested in Nepal’s capital on Friday against the prime minister for dissolving Parliament and ordering new elections

A BMC healthcare worker collects the swab sample of a resident at Govandi. (HT )
FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai.  (REUTERS)
Johnson presses Biden for new trade deal in post-Brexit era (DOWNING ST via REUTERS)
Johnson presses Biden for new trade deal in post-Brexit era (DOWNING ST via REUTERS)

Johnson presses Biden for new trade deal in post-Brexit era

  • White House press secretary Jen Psaki said Friday that the administration had no timeline for forging a new trade deal
  • The UK regained control over its national trade policy at the start of the month following the end of a post-Brexit transition period

The earlier limit of  ₹1 lakh under Section 80C was fixed way back in 2003. It has been almost 18 years when the original limit of  ₹1 lakh was fixed. It has only been increased by 50% in 2014 which works out to just less than 3% annually.. Photo: iStock
The earlier limit of 1 lakh under Section 80C was fixed way back in 2003. It has been almost 18 years when the original limit of 1 lakh was fixed. It has only been increased by 50% in 2014 which works out to just less than 3% annually.. Photo: iStock

Budget 2021: Here's a strong reason to enhance limit u/s 80C to 2.50 lakh

Experts ask to declutter the section by taking out certain investments or expenses in a different Section.

Nithin Kamath, 39, Founder and CEO, Zerodha. Kamath, who already had experience in the business he was setting up, put as much as  ₹1.5 crore from his own savings to start the venture
Nithin Kamath, 39, Founder and CEO, Zerodha. Kamath, who already had experience in the business he was setting up, put as much as 1.5 crore from his own savings to start the venture

Nithin Kamath's take on Indian capital market size and why it's 'flawed'

  • Zerodha founder Nithin Kamath says looking at trading turnover to estimate capital market size is misleading. That's because most trades are leveraged
  • The best way to estimate the size of the Indian capital markets is by checking the revenue pool

Sandeep Kataria,, CEO of Bata Shoe Organisation
A health worker prepares to administer a COVID-19 vaccine. (AP)
Modi, Xi Jinping to lead Davos Agenda, Biden, Johnson skip event. Details here (AFP)
Modi, Xi Jinping to lead Davos Agenda, Biden, Johnson skip event. Details here (AFP)

Modi, Xi Jinping to lead Davos Agenda. Key events to who to attend. Details here

  • Prime Minister Narendra Modi will address the event on Thursday, while Chinese prez Xi Jinping will deliver a special address on Monday
  • As per the schedule released on the WEF website, Covid 19 pandemic and vaccination drives across the world will dominate the event

As on 24 January, till 8 am, nearly 16 lakh (15,82,201) beneficiaries have received COVID-19 vaccination. (AP)
An 18-year-old teenager receives a dose of the Pfizer-BioNtech COVID-19 vaccine at Clalit Health Services in Israel's Mediterranean coastal city of Tel Aviv. (AFP)
US President Joe Biden waits to sign his first executive order in the Oval Office  (AP)
BPCL aims to increase customer base by 10 times with new campaign (MINT_PRINT)
A file photo of former US president Donald Trump
A file photo of former US president Donald Trump

Donald Trump is unlikely to get another Davos invite

The former US president Trump, the star attraction of last Jan’s gathering of power-brokers in the Swiss Alps, is unlikely to be invited back, according to the World Economic Forum’s founder and executive chairman, Klaus Schwab

Tejas Mk-1A fighter
Photo: Bloomberg
Photo: Bloomberg

World’s economic recovery gets delayed by slow vaccine rollouts

While global growth is still on course to rebound from the recession of last year, it may take longer to ignite and not be as healthy as previously forecast. The World Bank already this month trimmed its prediction to 4% in 2021 and the IMF will this week update its own outlook

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