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India's foreign exchange reserves rise to USD 602.16 bln

India’s foreign exchange reserves jumped by USD 708 million to USD 602.161 billion for the week ended August 11, the Reserve Bank of India (RBI) said on Friday.

India signs MoU with Trinidad and Tobago

India and Trinidad and Tobago have signed a Memorandum of Understanding for the sharing of ‘India Stack, a collection of open application programming interfaces and digital public goods that aim to facilitate identity, data, and payment services on a large scale, an official release from the Ministry of Electronics and IT said Thursday.

Delhi court convicts former Ministry of Steel official

A Delhi court on Friday convicted a former official of the Ministry of Steel in a coal scam case related to alleged irregularities in the allocation of a coal block in Chhattisgarh.

UPL SAS, NSL Sugars ink pact

UPL Sustainable Agriculture Solutions said on Friday it has signed an agreement with NSL Sugars to promote sustainable sugarcane production and green agriculture through optimised usage of natural resources.

RBI BARS BANKS FROM LEVYING PENAL INTEREST

'Penal charges shall be reasonable and commensurate with the noncompliance of material terms and conditions.'

PM Modi urges to open innovations for public good

Prime Minister Narendra Modi on Friday urged G20 nations to facilitate equitable availability of technology and also appealed to them to open innovations for the public good.

Gadkari expresses dismay over officials' response to CAG

Union Road Transport and Highways Minister Nitin Gadkari has expressed dismay over the inadequate response to questions raised by the Comptroller and Auditor General (CAG), which resulted in controversy over the cost of construction of the Dwarka Motorway in Delhi.

'Debroy's article doesn't reflect govt or EAC-PM views'

The Economic Advisory Council to the Prime Minister (EACPM) has distanced itself from its chairman Bibek Debroy’s article suggesting embracing a new constitution and said the article in no way reflects the views of EACPM or the Government of India.

AICTE partners with Jio Institute

The All India Council for Technical Education (AICTE) has partnered with Jio Institute for a faculty development programme on artificial intelligence (AI) and data science, according to a release.

NLCIL inks pact to supply solar power to Rajasthan

State-owned NLC India (NLCIL) has inked a pact to supply 300 MW of solar power for 25 years to Rajasthan Urja Vikas Nigam under the CPSU scheme.

RBI expected to hold policy rate again: Crisil

The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report.

PM CITES REPORTS TO ASSERT NEW ERA OF ECONOMIC PROSPERITY

‘India is making remarkable progress on achieving equitable and collective prosperity’

Settlement of Gyanvapi matter not legally possible

Advocate Vishnu Shankar Jain, who is standing up for the Hindu side in the Gyanvapi case, said on Thursday that the CPC does not allow for an out-of-court settlement of the Gyanvapi Mosque dispute.

IAF Rescues 780 people in Himachal with 50+ Chopper Sorties

Over the past 48 hours, Western Air Command helicopters have conducted more than 50 sorties, saving more than 780 people from flood-affected districts in Kangra district, Himachal Pradesh, according to Indian Air Force authorities.

Chandrayaan-3 & Luna-25: Race to moon's south pole heats up

Russia’s Luna-25 and India’s Chandrayaan-3 preparing for lunar landings next week, the race to the unknown south pole of the Moon is picking up speed. Each mission has important ramifications beyond the exciting competition in the skies.

NEHRU-JI IS KNOWN FOR HIS WORK & NOT JUST HIS NAME

A day following the name dispute, Rahul Gandhi made a statement about it. \"Nehru-ji is known for his work, not just for his name\"

Supreme Court Collegium recommended Transfer of Justice Rajnish Bhatnagar From Delhi High Court to Rajasthan HC

The Supreme Court Collegium recommended to transfer Justice Rajnish Bhatnagar from Delhi High Court to Rajasthan High Court on August 10, 2023.

SUPREME COURT DISMISSED PIL SEEKING MANDATARY PRE-LITIGATION MEDIATION

The Supreme Court in the case Youth Bar Association of India V. Union of India observed and has dismissed the Public Interest Litigation, PIL moved wherein seeking for directions for mandatory pre-litigation mediation in certain matters such commercial cases, partition suits, probation petitions.

DELHI HIGH COURT ORDERED CRIMINAL CONTEMPT ACTION AGAINST MAN FOR MAKING 'SCANDALOUS REMARKS' AGAINST FAMILY COURT JUDGE IN PLEADING

The Delhi High Court in the case Narender Bhutani v. Anjali Bhutani observed and has directed its Registry to register the case of criminal contempt which being against a man for making scandalous allegations against the Principal Judge of a family court in the national capital

India brings 'Mission LIFE' to UN through special exhibition

India is currently hosting a special exhibition at the United Nations headquarters in New York, centered around the ‘Mission LiFE’ (Lifestyle for Environment) initiative. This collaborative effort was launched by Prime Minister Narendra Modi and UN Chief Antonio Guterres, with the aim of promoting sustainable living practices.

'AIME testimony to strong India-ASEAN linkages'

The recently-held maiden ASEAN–India Maritime Exercise (AIME) is a testimony to the deep and historic cultural linkages between India and the ASEAN countries, India’s High Commissioner to Singapore Shilpak Ambule has said.

China's troubled $137 bn shadow bank plans debt restructuring

Amid concerns of potential financial contagion, Zhongzhi Enterprise Group Co., a significant player in China’s shadow banking sector, is taking steps to address its liquidity crisis. Reports reveal that the company has enlisted KPMG LLP to conduct a thorough audit of its balance sheet, a decision made in late July.

'US LAWMAKERS FOSTER STRONGER US-INDIA BILATERAL TIES'

The US Congressional US-India relationship: delegation restates a crucial aspect of the the robust bipartisan consensus that underpins it

Hospital revenue increase by 8-10% on rise in lifestyle disease

ICRA stated that it expects the hospital sector’s revenues to increase by 8–10% in FY24 as a result of a rise in lifestyle diseases, greater awareness, and increasing use of health insurance. Operating leverage and cost-cutting measures are expected to keep operating margins at or near their current level of roughly 22%.

HBL Power hits new high on positive outlook & increases 155%

HBL Power Systems (HBL) shares rose 7% on the BSE in intraday trade on Thursday in an otherwise quiet market on positive outlook, setting a record high of Rs 263.55.

MakeMyTrip CTO, tech investment thrives amid travel upswing

Travel is back with a vengeance, and online travel agency MakeMyTrip has expanded outside the conventional business-to-consumer segment to line up new offers and new partners, according to Sanjay Mohan, group CTO.

Bata India & Adidas are likely to collaborate

The shoe company Adidas and the footwear manufacturer Bata India are in talks about a strategic alliance for the Indian market.

CEO OF PAYTM, RECEIVES A 10.3 PC SHARE FROM ANTFIN

Antfin, a significant Alibaba Group company based in China, has transferred its 10.3 percent ownership

Haryana youths to get skill training from OYO

Hospitality tech platform OYO said it will facilitate on-the-job training across its vacation home business in countries such as Denmark to selected youth from Haryana in conjunction with Vishwakarma Skills University. OYO signed a memorandum of agreement (MoU) with Vishwakarma Skill University, Haryana Kaushal Rozgar Nigam Limited (HKRNL) and the Foreign Cooperation Department of Haryana government, the company stated.

Research needs to conduct on diseases, affect fisheries industry

The ICAR-Central InstiFreshwater Aquaculture (CIFA) should carry out need-based research for the benefit of aqua farmers and focus on diseases that cause huge loss to the industry every year, Fisheries Secretary Abhilaksh Likhi said.