Delhi

01 Feb 2021; MEMO: Israel's Mossad spy agency is involved in the investigation into the explosion near the Zionist state's embassy in India last week, RT reported on Sunday.

According to Israeli and Indian media, a bomb exploded near the Israeli Embassy in New Delhi, breaking the windows of three cars but causing little damage in the embassy itself. There were no casualties.

New Delhi, Feb 1 (PTI) Seeking to further improve the ease of doing business, Finance Minister Nirmala Sitharaman on Monday said NRIs will be allowed to set up one person companies, definition of small companies will be revised and various provisions of the Limited Liability Partnership (LLP) Act will be decriminalised.

The proposed relaxations to rules governing One Person Companies (OPCs) are expected to benefit startups and innovators.

New Delhi, Feb 1 (PTI) The government on Monday said definition of small companies will be revised by raising capital base to Rs 2 crore from the current limit of Rs 50 lakh.

In the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman proposed setting up of investor charter across financial products.

She said an asset reconstruction and management company will be set up for stressed assets of banks, while also stating that the National Company Law Tribunal (NCLT) framework will be strengthened.

New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Monday said the government will borrow about Rs 12 lakh crore in 2021-22.

Presenting the Union Budget for 2021-22, she said expenditure for the next fiscal year has been pegged at Rs 34.83 lakh crore, which includes Rs 5.54 lakh crore of capital spending.

Sitharaman also said states will get 41 per cent share of taxes as per the 15th Finance Commission recommendation and the government has accepted the recommendation.

New Delhi, Feb 1 (PTI) Following are the highlights of the 2021-22 Budget presented by Finance Minister Nirmala Sitharaman in Parliament on Monday:

Fiscal position and health outlay:

* Spending on healthcare hiked by 137 pc to over Rs 2.23 lakh crore

* Rs 35,000 cr outlay for COVID vaccine in fiscal beginning April 1

* Today India has 2 vaccines available, 2 more vaccines are expected soon

* Sharp increase in capital expenditure for next fiscal to Rs 5.54 lakh cr, up from Rs 4.39 lakh cr of last fiscal

New Delhi, Feb 1 (PTI) The defence budget, including outlay for payment of pensions, was increased to Rs 4.78 lakh crore for 2021-22 as against last year's Rs 4.71 lakh crore.

Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.

New Delhi, Jan 31 (PTI) Media bodies on Sunday condemned the police action against two journalists who were picked up during the farmers' protests at Delhi's Singhu border for allegedly misbehaving with police personnel.

They said such crackdowns impinge on the media's right to report freely and interferes with its right to freedom of expression.

Freelance journalist Mandeep Punia and Dharmender Singh (with Online News India) were detained by Delhi Police last evening for allegedly misbehaving with personnel on duty.

New Delhi, Jan 30 (PTI) The Supreme Court Collegium is understood to have withdrawn its approval to a proposal for the appointment of an additional judge of the Bombay High Court, Justice P V Ganediwala, as a permanent judge of the court following her two controversial verdicts in sexual assault cases.

The decision was taken after the judge faced flak for her interpretation of sexual assault under the Protection of Children from Sexual Offences (POCSO) Act, a source said.

New Delhi, Jan 30 (PTI) BCCI secretary Jay Shah was unanimously elected as the president of the Asian Cricket Council (ACC) at its Annual General Meeting (AGM) on Saturday, a development hailed by his colleagues in India.

The 32-year-old replaces Bangladesh Cricket Board (BCB) chief Najmul Hasan Papon.

While addressing the AGM, Shah said: "Formed with a view to organise, develop and promote the sport in the region, the ACC has steadily grown in stature."

29 Jan 2021; MEMO: An improvised explosive device (IED) detonated outside the Israeli Embassy in India's capital New Delhi today, police said, slightly damaging three vehicles.

Israeli TV Channel 13 reported that the explosion occurred 50 metres from the embassy.