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Congress to release an exclusive 'manifesto' for prized state of UP

Congress to release an exclusive 'manifesto' for prized state of UP

Congress, which is betting big on the prized state of Uttar Pradesh for its revival and turnaround in electoral fortunes, is preparing a manifesto exclusively for the state.

The 'mini-manifesto' would address various burning socio-economic issues in UP, which accounts for 80 Lok Sabha seats and is key to the formation of any government at the Centre.

Poll of polls: BJP-led alliance to win with slim majority in LS elections

Poll of polls: BJP-led alliance to win with slim majority in LS elections

Indian Prime Minister Narendra Modi's ruling alliance will win a thin majority in a general election that starts on Thursday, an average of four opinion polls showed, with a focus on national security appearing to trump concerns over jobs and farm prices.

The coalition led by Modi's Hindu nationalist Bharatiya Janata Party (BJP) is expected to win 273 of the 543 parliament seats at stake, one more than the halfway mark required to rule.

YES Bank advances 4% after announcement of fund raising plan

YES Bank advances 4% after announcement of fund raising plan

YES Bank shares rose 4 per cent to Rs 270 in intra-day trade on the BSE on Tuesday after the private lender announced fundraising plan by way of issuance of equity shares.

The board of directors of the bank is scheduled to meet on April 26, 2019 to consider raising of funds by way of issuance of equity shares including but not limited through preferential issue and/or Qualified Institutions Placement (QIP)/ Global Depository Receipts (GDRs)/ American Depository Receipts (ADRs)/ Foreign Currency Convertible Bonds (FCCBs)/ or any other methods on private placement basis, YES Bank said in a BSE filing.

CBI opposes Lalu Yadav's bail plea in SC, says he is likely to get involved in political activities

CBI opposes Lalu Yadav's bail plea in SC, says he is likely to get involved in political activities

The CBI Tuesday opposed in the Supreme Court the bail plea of RJD supremo Lalu Prasad Yadav, who is serving jail term in connection with fodder scam cases, saying he is likely to indulge in political activities ahead of Lok Sabha polls.

The CBI, which sought nod from a bench headed by Chief Justice Ranjan Gogoi to file its response to the bail plea of Yadav, said the RJD leader is likely to get involved in political activities and misuse the grant of bail ahead of upcoming Lok Sabha polls.

Asian Paints lower for third straight day; stock down 4% to Rs 1,440

Asian Paints lower for third straight day; stock down 4% to Rs 1,440

Asian Paints shares were trading lower for the third straight day, down 4 per cent, at Rs 1,440 in intra-day trade on Tuesday due to higher crude oil prices, one of the key raw materials in paint manufacturing.

Meanwhile, in a regulatory filing, Asian Paints said that a fire broke out at the company's paint manufacturing facility in Vishakhapatnam, Andhra Pradesh, on Tuesday afternoon.

India highest recipient of remittances in 2018: World Bank

India highest recipient of remittances in 2018: World Bank

India retained its position as the world's top recipient of remittances with its diaspora sending a whopping$ 79 billion back home in 2018, the World Bank said in a report Monday.

India was followed by China ($ 67 billion), Mexico ($ 36 billion), the Philippines ($ 34 billion), and Egypt ($ 29 billion), the global lender said.With this, India has retained its top spot on remittances, according to the latest edition of the World Bank's Migration and Development Brief.

IT raids: EC calls CBDT chairman, Revenue Secretar

IT raids: EC calls CBDT chairman, Revenue Secretar

The Election Commission has called the revenue secretary and chairman, Central Board of Direct Taxes on Tuesday to discuss ongoing income tax raids.

Revenue Secretary A B Pandey and CBDT Chairman P C Mody have been called to explain the raids amid allegations by the Congress that the ruling BJP was using enforcement agencies to target it during the poll season.

Infosys hits new high of Rs 774 ahead of March quarter results

Infosys hits new high of Rs 774 ahead of March quarter results

Infosys shares hit a new high of Rs 774, up 1 per cent, on the BSE in early morning trade on Tuesday ahead of its January-March quarter (Q4FY19) results on Friday. The stock has surpassed its previous high of Rs 771 touched on February 8, 2019, in intra-day trade.

In the past three weeks, Infosys has outperformed the market by gaining 9 per cent, after the IT major commenced buyback offer on March 20. In comparison, the benchmark S&P BSE Sensex was up 2 per cent and the sector index S&P BSE IT index was up 6 per cent during the same period.

Don't know why government officials should manage temples: SC

Don't know why government officials should manage temples: SC

The Supreme Court Monday asked as to why should government officials manage religious places and temples in the country while taking note of the fact that several devotees visiting the Jagannath temple in Puri were being harassed.

A bench of Justices SA Bobde and SA Nazeer observed this while hearing a plea which has highlighted difficulties faced by the devotees at Jagannath temple and their alleged harassment and exploitation by the 'sevaks' (staff).

Rupee opens 8 paise higher against US dollar amid soaring oil prices

Rupee opens 8 paise higher against US dollar amid soaring oil prices

The rupee opened eight paise higher at 69.59 against the US dollar on Tuesday amid soaring oil prices and subdued Asian equities. The domestic unit tumbled 44 paise to close at 69.67 on Monday amid higher dollar demand from importers and rising crude oil prices.

It was the third straight session of loss for the domestic unit, during which it has lost 126 paise.

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