Net direct tax collection dips 1.39% to Rs 4.59 lakh cr in April-June
Advance tax collection during April 1-June 19, 2025 grew a meagre 3.87 per cent to Rs 1.56 lakh crore. In the comparable period in 2024, advance tax collection had recorded an annual growth of 27 per cent.
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Hans India
34 minutes ago
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Centre unveils Rs 2.3 crore startup challenge to boost renewable energy innovation
New Delhi: The government on Saturday launched an innovative 'Start-Up Challenge' with a total prize pool of Rs 2.3 crore to accelerate rooftop solar and distributed renewable energy innovations in the country. The selected innovators will compete for Rs 2.3 crore, including Rs 1 crore for first prize, Rs 50 lakh for second prize, Rs 30 lakh for third prize, and 10 consolation prizes of Rs 5 lakh each. Last sate for application is August 20 and the result will be announced on September 10. Winners will also gain incubation support, pilot implementation opportunities, and mentorship from domain experts and investors, facilitated by MNRE and NISE, according to a Ministry of New and Renewable Energy statement. The unique national innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed energy ecosystem. It is being implemented under the aegis of MNRE with support from the National Institute of Solar Energy (NISE), and in coordination with StartUp India, DPIIT. The Start-Up Challenge seeks applications from innovators and startups in India, focusing on four key categories to boost renewable energy adoption. These are affordability – making rooftop solar affordable for low- and middle-income households using innovative financing, modular systems, and circular economy strategies. Resilience is another category, to enhance climate resilience, grid stability, and cybersecurity in solar infrastructure, especially for vulnerable and remote areas. Inclusivity – expanding access to underserved communities through community solar, virtual net metering, and inclusive financing models, and 'environmental sustainability' – promoting eco-friendly technologies such as solar panel recycling, land-neutral solar deployment, and hybrid clean energy models, are the last two categories. The challenge welcomes a wide range of startups in green tech, IoT, AI, blockchain, construction, energy hardware, fintech, and waste management.
The Print
38 minutes ago
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Gold declines Rs 600 to Rs 99,960/10 g; silver plunges Rs 2,000/kg
Gold of 99.5 per cent purity dipped Rs 550 to Rs 99,250 per 10 grams (inclusive of all taxes). The yellow metal had closed at Rs 99,800 per 10 grams on Thursday. The precious metal of 99.9 per cent purity had settled at Rs 1,00,560 per 10 grams in the previous market session. New Delhi, Jun 20 (PTI) Gold prices slipped below the Rs 1 lakh-mark, falling Rs 600 to Rs 99,960 per 10 grams in the national capital on Friday due to selling by jewellers and stockists in line with weak global cues, according to the All India Sarafa Association. Silver prices also diminished Rs 2,000 to Rs 1,05,200 per kilogram (inclusive of all taxes) on Friday. It had ended at Rs 1,07,200 per kg on Thursday. 'Silver slid from recent highs, nearing one-week lows and heading for their first weekly decline in three weeks. It fell below USD 35.70 per ounce after a sharp rally earlier in the week. 'The decline came as investors liquidated positions in bullion to cover losses elsewhere amid rising geopolitical tensions between Israel and Iran,' Rahul Kalantri, Vice-President, Commodities at Mehta Equities, said. The Bank of England on Thursday also held rates steady in its monetary policy meetings, which also limited gains of precious metals. However, intensifying conflict between Israel and Iran, and weakness in the rupee is also supporting prices of gold and silver in the domestic markets, Kalantri said. On the global market, spot gold was trading at USD 3,353.67, lower by USD 16.72 per ounce, or 0.5 per cent. Spot silver fell 0.77 per cent to USD 36.10 per ounce in the overseas markets. 'Traders will watch developments on US trade tariffs and Middle East military engagement will drive volatility. Any signs of de-escalation or non-involvement from the US in the Iran-Israel conflict could keep gold under pressure. 'On the other side, renewed tensions will continue to support prices,' Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, said. PTI HG HG TRB BAL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Pink Villa
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Prince and Family OTT Verdict: Box office, Twitter review of Dileep, Dhyan Sreenivasan's Malayalam comedy drama
Prince and Family hit JioHotstar on June 20 onwards, after completing a successful theatrical run. The movie is directed by a debutant filmmaker Binto Stephen and received mixed reviews at the time of its theatrical release. And now, within a day of its launch on OTT, social media has already been filled with reviews left by audiences who watched the film online. Here's how they felt about the movie. Prince and Family OTT verdict Well, a majority of viewers agreed that Prince and Family is a decent movie which can indeed be enjoyed with family and within a varied age group. The film's starting, as many have credited, was so well woven that none of the viewers were able to comprehend what was next in store for them. Nonetheless, there were still some traces of poor direction and disappointing writing in some quite evident places. Actor Dileep's performance was well-rounded and has been tagged as the driving force of the entire narrative. His perfect comic timing and charm attempted to outlive certain flaws like 'being cringey' and 'forced humor'. Other than him, many viewers felt that the remaining choice of cast appeared to be questionable since they did not put forth much of an effort for the joint appeal of the movie. The second half as per the audience was tedious and far-stretched, and any attempt at sending across a meaningful message was overridden. Absence of real humor and the use of outdated themes are some of the most common flaws pointed out by the netizens after watching Prince and Family on-screen. Prince and Family box office response Well, the movie appeared as the top performer in Kerala in terms of box office numbers, surpassing many Malayalam films which were released subsequently. Prince and Family outgrossed movies like Padakkalam and Sarkeet at the box office and grossed over Rs. 5.25 crore within just 5 days of release. It is only topped by Mohanlal 's Thudarum among other latest releases.
