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AIR INDIA INTENDS TO LAUNCH FLIGHTS TO BOSTON, LOS ANGELES
Tata Group-owned Air India is planning to operate flights to more US cities, including Los Angeles, and is assessing various metrics
LS passes 'Jan Vishwas Bill' to promote ease of biz
On Thursday, Lok Sabha passed The Jan Vishwas (Amendment of Provisions) Bill, 2023 that seeks to promote ease of business by decriminalising minor offences by amending 183 provisions in 42 acts.
Odisha govt team steps up efforts in US for investment
The Odisha government delegation, which is in Silicon Valley in the USA, engaged in a series of discussions with high-ranking officials of multiple leading business organisations, the Odisha Chief Minister’s Office said in a press release.
Goa girl conquers 3 peaks above 6,000m in 62.5 hours
A 12-year-old mountaineer, Gunjan Pankaj Prabhu Narvekar from Goa set a new global record by successfully climbing three peaks above 6000 metres in the Markha Valley in the Ladakh region in just 62.5 hours. After achieving this commendable feat, Gunjan now aims for Mt Everest.
SECL TO INVEST RS 168 CR TO PLANT 26L SAPLINGS
To carry out the plantation work, the miner recently signed 2 separate agreements with CGRVVN and MPRVVN, the coal ministry said
Meta's FB reports 3.03B MAUS, strong ad rev in Q2 2023
Meta, the parent company of Facebook, reported better-than-expected quarterly earnings driven by a rebounding digital ad business.
FCI vends 1 lakh tn wheat, 100 tn rice in 5th e-auction
The Food Corporation of India (FCI), a state owned entity, conducted its fifth e-auction of the fiscal year 2023-24, where it sold 1.06 lakh tonnes of wheat and 100 tonnes of rice.
'India launches $10-billion semiconductor PLI'
India is making significant strides in becoming a key player in the global semiconductor supply chain, thanks to the production-linked incentive (PLI) scheme that attracted major firms like Vedanta and Taiwan’s Foxconn.
Banks recover over Rs 10 lakh crore in last 9 years
Over the last nine years, banks in India have taken significant measures to recover and reduce nonperforming assets (NPAs), resulting in an aggregate recovery of Rs 10,16,617 crore.
INDIA'S ECONOMIC GROWTH TO ACCELERATE: DELOITTE
The report highlights the significance and future implications of monetary policies pursued in the West
Nissan's Q1 net profit more than doubles as amt weakens
Nissan reported on Wednesday that its net profit more than quadrupled in the three months ending in June, offsetting decreases in China with stronger sales in Japan and North America and a weaker yen.
Cong issues whip asking all its RS MPs to be present today
With the government planning to bring a bill in Parliament to replace the Delhi services ordinance, the Congress on Wednesday issued a whip, asking all its Rajya Sabha MPs to be present in the House on Thursday as “very important issues will be taken up for discussion”.
BJP stages walkout over women's atrocities debate
BJP legislators staged a walkout from the West Bengal Assembly on Wednesday after their adjournment motion to discuss “atrocities against women in the state” was not allowed by Speaker Biman Banerjee citing “procedural lapses” for tabling the motion.
'29,295 VACANCIES FILLED IN J-K AFTER ARTICLE 370 REPEAL'
Union Minister Nityanand Rai, the govt of J&K has taken various initiatives to bring down unemployment by schemes
SUPREME COURT: SUBSTANTIAL QUESTIONS OF LAW NOT REQUIRED TO BE FORMULATED IN SECOND APPEALS ARISING OUT OF PUNJAB AND HARYANA COURT
The Supreme Court in the case Gurbachan Singh (D) vs Gurcharan Singh(D) observed wherein second appeal is arising out of the State of Punjab And Haryana courts are required to frame substantial questions of law as stated under section 100 of the Code of Civil Procedure.
SUPREME COURT: SETTLEMENT BETWEEN EMPLOYEE UNION AND EMPLOYER WOULD NOT OVERRIDE MODEL STANDING ORDERS UNLESS IT IS MORE BENEFICIAL TO EMPLOYEE
The Supreme Court in the case Bharatiya Kamgar Karmachari Mahasangh vs Jet Airways Ltd observed that any settlement which being between employee Union and the Employer would not override the Model Standing Order, unless the same being more beneficial to the employees.
Abu Dhabi's HUB71, Wio Bank to enhance banking for tech startups
Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital.
Pakistan ranks 99th out of 121 nations in GHI
Pakistan score’s on Global Hunger Index (GHI) has dropped from 38.1 in 2006 to 26.1 in 2022, revealing the extent of the crisis that the gripped the country and its people, media reported.
IMF 'ENCOURAGES' INDIA TO REMOVE RESTRICTIONS ON NON-BASMATI RICE
The government on 20 July had banned the export of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season
Microsoft posts $20.1 bn Qr profit (AP), new AI platform shift
Microsoft’s battle to outsell competitors like Google, Amazon, and Facebook parent Meta in the sale of cutting-edge artificial intelligence technology has been fueled by a 20% increase in quarterly profits, which were disclosed on Tuesday.
Bharat Petroleum could post Rs 6,850 bn profit in Q1
Bharat Petroleum Corp. Ltd. is expected to have turned the corner and declared profits for the June quarter as opposed to a loss reported a year before.
AIR INDIA EXPECTED TO REPLACE LEGENDARY MAHARAJAH' MASCOT
Air India, which is undergoing a brand refurbishment strategy, has decided to remove the Maharajah mascot from its brand identity
LS Bill allows using birth certificate in multiple places
A bill was introduced in the Lok -Sabha on Wednesday with an aim to allow use of birth certificate as single document for admission to an educational institution, issuance of driving licence, preparation of voter list, Aadhaar number, registration of marriage or appointment to a government job.
GLOBAL RICE MKT SEEKS GOVT INTERVENTION
India banned exports of broken rice last September resulting in importers seeking more government deals in order to overcome shortages
Complaints against digital lending apps double: Finmin
The government and RBI have been clamping down on such loan apps and are now required to show their lending license which has to be approved on the Play Store. The apps also cannot access customer photos and contacts.
Samsung expects Galaxy Z Fold 5 & Flip 5 success
Samsung, the Korean smart devices major, has expressed confidence that its newly launched foldable smartphone models, the Galaxy Z Fold 5 and Galaxy Z Flip 5, will consolidate its leadership position in the market.
PNB's profit quadruples to Rs 1,255 cr in Apr-June qtr
State-owned Punjab National Bank (PNB) reported a significant surge in standalone net profit, reaching Rs 1,255 crore in the April-June quarter.
Reliance Retail in talks with QIA for $1 bn invest
Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar, is reportedly looking to expand its presence in India and is engaged in discussions to acquire a minority stake in Reliance Retail Ventures Ltd., the rapidly growing retail arm of Indian billionaire Mukesh Ambani.
India's pharma industry proves resilient to cough syrup deaths
India’s pharmaceutical exports are projected to experience robust growth, reaching approximately $27 billion in the current fiscal year, nearly twice the pace of the previous year.
INDIAN ECONOMY TO GROW AT FASTEST PACE IN 2023: IMF
The report also highlights that several economies have fiscal deficits and government debt levels above pre-pandemic levels