CATEGORIES

EAM's visit to Lanka underlines agility of India's development cooperation p'ship

The recent visit of India's External Affairs Minister, S. Jaishankar, to Sri Lanka and his consequential meeting with President Ranil Wickremesinghe have significantly bolstered bilateral cooperation. The Indian High Commission highlighted the extensive scope and flexibility of India's development cooperation partnership with Sri Lanka.

Puma onboards Shami as brand ambassador, launches new spikes for pacers

Sports brand Puma announced that it has roped in Indian fast bowler Mohammed Shami as its brand ambassador as it launches spikes, especially for pacers. Under the partnership, Shami will endorse Puma's footwear, apparel and accessories through multiple activities and campaigns throughout the year.

Air India Express plans to add 50 new Boeing 737 MAX planes

Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business.

BANKS GO BIG ON P'SHIPS WITH INSURANCE FIRMS

Notable collaborations include UCO Bank, AU Small Finance Bank, South Indian Bank, DCB Bank, and Capital Small Finance Bank with various insurance providers.

Bengaluru Metro hits 7L daily ridership record

Following the start of full train services on the whole purple line, Namma Metro, Bengaluru's public transit metro train network, has seen a tremendous increase in passenger numbers.

Delhi govt schools host mega parent-teacher meeting

Beginning on Thursday, a twoday massive parent-teacher meeting (PTM) was held at all schools run by the Municipal Corporation of Delhi (MCD) and the Delhi government. According to officials, the PTM is being spread out over two days to allow parents to attend it at their convenience.

DFS SECRETARY URGES SWIFT PM VISHWAKARMA SCHEME IMPLEMENTATION

State authorities have been ordered by Financial Services Secretary Vivek Joshi to swiftly implement the Pradhan Mantri Vishwakarma Scheme, which PM Narendra Modi unveiled last month

E-tailers to see $13 bn festive season, non-metro sellers get more orders

Micro, Small, and Medium Enterprises (MSMEs) in non-metro cities in India are witnessing a surge in Diwali orders this year, outpacing their metro city counterparts, according to a report by Shiprocket, a tech-enabled logistics platform.

India's exports drop 2.6%

India's merchandise exports have been contracting amid slowing global demand, with a 2.6% year-on-year decline to $34.47 billion in September. Imports also fell by 15% to $53.84 billion during the same month, leading to a 5-month low trade deficit of $19.37 billion, marking a YoY drop of over 30%. This decline has been attributed to global headwinds and recessionary trends in India's major export destinations.

FM calls for aligning World Bank processes with MDBs to benefit client states

Finance Minister Nirmala Sitharaman called upon the World Bank to take lead in aligning processes and procedures with other multilateral development banks to benefit client countries that deal with multiple MDBs, amidst encouraging signs of progress towards G20 countries common goal of creating a better, bigger and more effective' WB to address national and global challenges for maximising developmental impact. \"We believe that the direction of the World Bank's evolution will set the template across the MDB ecosystem,\" said Sitharaman, participating in the 108th Meeting of the Development Committee Plenary of the World Bank in Marrakech, Morocco.

India's female labour force participation rate hits 37%

India has witnessed a notable increase in the Female Labor Force Participation Rate (FLFPR), with a substantial leap of 4.2 percentage points, reaching 37.0% in 2023, according to the Periodic Labor Force Survey Report 2022-23.

G20 ADOPTS CRYPTO ROADMAP, URGES SWIFT IMPLEMENTATION

The G20 2023 Financial Inclusion Action Plan aims to advance financial inclusion in terms of access, usage, and quality for individuals and MSMEs through innovative methods, including digital public infrastructure, to support inclusive growth and sustainable development.

Puri's Jagannath Temple to enforce strict dress code

Starting from January 1, 2024, the Shree Jagannath Temple Administration (SJTA) in Puri, Odisha, has taken a firm decision to rigorously implement a dress code for devotees visiting the sacred Jagannath temple. This revered temple holds immense religious significance and is considered one of the four dhams, making it a vital pilgrimage site for many followers of the faith.

Om Birla meets Oz Speaker ahead of G20 Parliamentary Speakers' Summit

Ahead of the 9th G20 Parliamentary Speakers' Summit (P-20), Lok Sabha Speaker Om Birla met with Australian Speaker Milton Dick on Thursday and discussed the strong and old parliamentary relationship between India and Australia.

'Delhi govt to set up over 1k Chhath Ghats across capital'

The Delhi Government will set up more than 1,000 'Chhath Ghats' across Delhi for 'Chhath Puja' this year, Revenue Minister Atishi said. In a high-level review meeting held with all the district magistrates on Wednesday, she directed the officials to begin the preparation for the 'Chhath Puja' festival in advance so that there is no inconvenience to the devotees and mismanagement at the last moment, as per an official release.

4 DEAD, 70+ HURT AFTER NORTHEAST EXPRESS DERAILS IN BUXAR

Six coaches of the Delhi-Kamakhya North East Express went off the tracks near Raghunathpur station in Buxar on Wednesday night

'We Can't Kill a Child', Says SC on Termination of 26 Week Pregnancy

The Supreme Court on Thursday expressed, \"We cannot kill a child,\" during a hearing on the Centre's request to reconsider its decision allowing a married woman, a mother of two, to terminate her 26-week pregnancy.

SC TO PASS UNIFIED ORDER TO PREPARE 7 AND 9 JUDGE-BENCH CASES FOR HEARING

The Supreme Court on Thursday said it will pass a common order for several significant cases, comprising both nine-judge and seven-judge bench matters. These cases encompass various topics, including those related to money bills and the speaker's authority to disqualify MLAs, as a means to prepare them for hearing.

World Bank and Japan launch mineral supply chain plan

The World Bank, in partnership with Japan and joined by Italy, the Republic of Korea, Canada, and the United Kingdom, has launched an initiative aimed at addressing the dual challenges of job creation and climate change.

LANKA CONFIRMS MAJOR DEBT DEAL WITH CHINA

The Sri Lankan government has made a significant stride towards economic recovery by confirming a preliminary deal with China for restructuring its debts, which is being viewed as a pivotal development in the country's efforts to overcome its financial challenges. This collaborative effort seeks to alleviate Sri Lanka's financial strain, providing a glimmer of hope amid its economic crisis.

EFC India Ltd Dark horse in the domestic co-work spaces mkt

Incorporated in 1984, EFC (I) Ltd is the flagship company of the EFC Group & is a fully integrated player & commands an integrated supply chain with access to & expertise in budgeting, project design, project execution & procurement from captive sources/vendors via its subsidiary Whitehills Design Ltd.

Thomson enters domestic laptop mkt with global export plans

Business official on Wednesday, consumer electronics giant Thomson will enter the Indian laptop market over the next two quarters and is also thinking about exporting smart TVs and other domestically produced goods to other regions.

Global energy transition $400-billion market for India

He added that as a large energy importer India needs to find alternatives that make the country less vulnerable.

MARUTI AIMS TO TRIPLE CAR MARKET EXPORTS BY 2030

Maruti eyeing bigger pie of global car market, aims to 3X exports by 2030 Autoretail sales up 9% in H1FY24; PVs, three-wheelers

J&K tops in e-governance, with 1050 digital services

Jammu and Kashmir has emerged as a leader in the e-governance landscape, offering a staggering 1050 e-services, according to the National e-Services Delivery Assessment (NeSDA) report, surpassing states like Madhya Pradesh with 1010 services and Kerala with 911 e-services.

Women MPs more active in Parliament

The policies implemented government are making a substantial positive impact on women across India. Increased accessibility to LPG cooking fuel has significantly improved women's health and well-being, while enhanced toilet accessibility is contributing to the safety of women.

Farm insurance enrolments on the rise for 2 years

The Pradhan Mantri Fasal Bima Yojana (PMFBY), India's primary subsidized crop insurance scheme, has undergone a significant transformation, with the latest review by the farm ministry revealing several positive indicators for the current summer cropping season. This review, which encompasses data up until the present season, offers an encouraging glimpse into the state of agriculture insurance in the country.

Tripura CM inaugurates fish transhipment yard in Nagichhera

In a bid to combat the growing traffic congestion issue in Agartala, Tripura Chief Minister Manik Saha unveiled the Nagichhera Fish Transhipment Yard, a development project with an expenditure of approximately Rs 3.50 crore.

ODISHA AIMS TO LEAD GLOBAL MILLETS MOVEMENT

The International Convention on Millets expects 4,000 to 5,000 attendees, featuring farmers and diverse groups, with a program covering B2B sessions, technical demos, and cultural elements

Jio-Airtel battle for home Wi-Fi

India's largest telecom operators, Reliance Jio Land Bharti Airtel, are engaged in a fierce competition to boost their average revenue per user (ARPU) through bundled services, marking ARPU as a critical earnings indicator in the telecom sector.