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Madras HC quashes closure of 186 brick kilns citing procedural violation Real Estate News

CHENNAI: In a reprieve to 186 brick kilns in Coimbatore which were sealed by the district administration for allegedly encroaching the elephant corridor in the area, Madras high court has set aside the closure orders. Passing the order in a batch of pleas moved by the owners of the brick kilns, Justice Pushpa Sathyanarayana made […]

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Covid-19 patients at greater risk of mental disorders finds Oxford University study

LONDON: Patients are at an estimated 44 per cent greater risk of neurological and mental health diagnoses after Covid-19 than after flu, and a 16 per cent greater risk than with other respiratory tract infections, the largest study of its kind by the University of Oxford revealed on Wednesday. Overall, the estimated incidence of being

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Ola Electric: Ola e-scooter to step into global markets this fiscal

NEW DELHI: Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said. The company, which is working on setting up a ‘Hypercharger Network’ for its electric vehicle, is slated to launch its electric scooter in India in July this

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US Treasury’s Janet Yellen tamps down inflation fears over Biden spending plan

WASHINGTON: US Treasury secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden‘s plans for infrastructure, jobs and families will cause inflation, saying the spending will be phased in over a decade. “It’s spread out quite evenly over eight to 10 years,” Yellen, former Federal Reserve chair, said in an interview with NBC’s

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From extension of due dates to late fee waivers. All you need to know about relief measures for tax compliance

The central government on Sunday announced several relief measures for tax compliance amid the raging second wave of coronavirus disease (Covid-19). Here is a list of measures taken under the Goods & Services Tax (GST) law to ease the compliance of taxpayers in the face of a national health crisis. > The due date for

From extension of due dates to late fee waivers. All you need to know about relief measures for tax compliance Read More »

Franklin Templeton unitholders to get Rs 2489 crore in next tranche

NEW DELHI: SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund‘s six shuttered schemes in this week from Monday. SBI MF has already distributed Rs 12,084 crore to investors. This included Rs 2,962 crore distributed during the week of April 12. “We are

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Australia’s Perth at risk of second snap-lockdown with three new Covid-19 infections

SYDNEY: Australia’s fourth-largest city faces prospects of its second snap lockdown in two weeks, officials said on Sunday, after a hotel quarantine security guard in Perth and two of his housemates tested positive for Covid-19. Western Australia (WA) Premier Mark McGowan said late on Saturday he had yet to decide whether the state’s capital city,

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