AI under the microscope, CCI probes impact on competition and innovation

The Competition Commission of India (CCI) has initiated a comprehensive study to analyze the impact of artificial intelligence (AI) on competition, efficiency, and innovation in key user industries, according to a press statement.

Macro & financial stability, boost to infra, extended PLI likely key areas in Modi 3.0

If one were to go by the Central Government's poll manifesto which has stayed aligned to the pre-poll interim Budget, a strong adherence to the path of macro and financial stability as priorities, marked by low inflation, strong external balances, high growth and fiscal prudence, appears to be the likely scenario if it comes back to power.

BYJU'S PAYS PARTIAL MARCH SALARIES AHEAD OF INVESTOR DISPUTE HEARING

Amidst an impending NCLT hearing spurred by investor discontent, Byju's disburses partial salaries, paying teachers and lower-level staff in full while others receive 50 to 100 percent of their March dues

Pakistan Formally Requests IMF Bailout Amid Cash Crunch

Pakistan has made a formal request to IMF for seeking the next bailout package in the range of $6 to $8 billion with the possibility of augmentation through climate financing, a media report said on Saturday.

Payroll Update: EPFO Registers Addition Of 15.48 Lakh Net Members In Feb 2024

The latest data released by the Employees' Provident Fund Organisation (EPFO) sheds light on the dynamic landscape of employment in India, revealing significant trends and patterns in job creation and workforce demographics. In February 2024, the EPFO recorded a noteworthy addition of 15.48 lakh net members, as disclosed in a statement issued by the Labour Ministry over the weekend.

Musk Delays India Visit Due To 'Heavy Tesla Obligations

The highly anticipated visit of Elon Musk, the CEO of electric vehicle giant Tesla, to India has been temporarily put on hold.

India Sees Decline In New Formal Job Creation, Hits Three-Month Low In February

The rural unemployment rate increased sharply to 7.8% in February from 5.8% in January, while urban unemployment rate fell from 8.9% to 8.5% during the same period.

India Shines As Global Growth Dims, Boasts Strong Performance To World Bank

India's economy has showcased remarkable resilience and growth amidst global challenges, with GDP estimates revised upwards to 7.6% for the fiscal year, according to Ajay Seth, India's Economic Affairs Secretary.

Beyond Borders: Healing Lives, Crafting Customized Medicines across 40 Nations

In a remarkable display of global outreach and dedication to healing, Navjivan Group has extended its reach to 40 nations, delivering tailor-made healthcare solutions and transforming lives worldwide.

Have withdrawn my resignation on advice of supporters, says Rais Shaikh

The Akhilesh Yadav-led Samajwadi Party's Bhiwandi East MLA Rais Shaikh on Sunday said he had withdrawn his resignation on the advice of his supporters, reported the PTI.

WALK FOR PARKINSON'S: AN AWARENESS INITIATIVE BY ARTEMIS LITE MULTI SPECIALITY HOSPITAL

Artemis Lite Multi Speciality Hospital, Gurugram organized a Walkathon on Sunday morning to mark the occasion and create the awareness on Parkinson's Disease.

SUPREME COURT SURPRISED AT GUJARAT APMC ALLOWING 5-STAR HOTEL ON LAND MEANT FOR AGRICULTURE MARKET YARD: 'THIS IS A SCAM'

The Supreme Court in the case Agriculture Produce Market Committee, Surat vs. State Of Gujarat observed and has declined to interfere with the order passed by the Gujarat High Court wherein the court directed the Agricultural Produce Market Committee, APMC Surat for auctioning the land which is allegedly misappropriated for the construction and running of a five-star hotel.

FORMER SUPREME COURT JUDGE RF NARIMAN: SYSTEM DID NOT BRING IN PEOPLE LIKE JUSTICE KURESHI; IF YOU ARE TOO GOOD AND INDEPENDENT YOU ARE OUT

Speaking on the appointment of judges, the former Judge of the Supreme Court, Justice Rohinton Nariman said that while the entire system that exists today was not per se bad, it was not being followed properly or working how it should be.

DELHI HIGH COURT: AN AWARD ISSUED BY UNILATERALLY APPOINTED ARBITRATOR CAN BE CONTESTED FOR INVALIDITY OF APPOINTMENT, EVEN BY THE APPOINTING PARTY

The Delhi High Court in the case Telecommunication Consultants India Ltd v. Shivaa Trading observed and has held that an award passed by a unilaterally appointed arbitrator can be challenged which being on ground of invalidity of such appointment and consequent lack of jurisdiction even by the party who made such an appointment.

Can cities fine homeless for sleeping in parks and on sidewalks

The most significant case Tin decades on homelessness has reached the Supreme Court as record numbers of people in America are without a permanent place to live.

HDFC Bank CFO: Rs 200 cr written back on AIF provisions after RBI clarification

TDFC Bank has done a Hwrite back of around Rs 200 crore or 20 percent on its provisions made to its alternative investment funds (AIFS), said Srinivasan Vaidyanathan, Chief Financial Officer, HDFC Bank.

ULTRATECH ACQUIRES INDIA CEMENTS' 1.1 MTPA GRINDING UNIT FOR RS 315 CR

Ultratech Cement, on April 20, announced its acquisition of a grinding unit from India Cements in Maharashtra for Rs 315 crore

India's development incomplete without developed Kashmir, says Puri

Hardeep Singh Puri, serving as Union Minister of Housing and Urban Affairs and Petroleum and Natural Gas, conveyed a powerful message regarding the pivotal significance of Kashmir in India's developmental trajectory during the 'Viksit Bharat Ambassador meetup' convened in Srinagar on Saturday.

FPIs Sell Rs 5,254 crore in Indian equities amid rising US bond yields, become net sellers in debt mkts

Foreign portfolio investors (FPIs) have shifted their stance in the Indian markets, transitioning from net buyers to net sellers as the momentum of their buying diminished with the onset of the new fiscal year 2024-25 (FY25).

India diversifies trade, exports to China, UAE, Russia, Singapore surge

India's export landscape For the financial year 202324 witnessed notable strides, particularly in markets like China, Russia, Iraq, UAE, and Singapore.

GOVERNMENT AIMING TO ENHANCE INDIA'S APPEAL FOR MANUFACTURING AND SERVICES: FM SITHARAMAN

Speaking about inflation, she said it never crossed the tolerance band, except for one month, under the Narendra Modi government, whereas before that pre-2014) the economy was ina bad shape and inflation was in double digits

EPFO adds 15.48 lakh net members during Feb 2024

Employees’ Provident Fund Organisation’s (EPFO) provisional payroll data highlighted the addition of 15.48 lakh net members in the month of February, 2024, according to a release issued by the Labour Ministry on Saturday. The data indicated that around 7.78 lakh new members were enrolled during February, 2024.

Raptee's 1st EV bike in Chennai

In a significant milestone for the company and the EV industry, Raptee Energy, the Chennai-based innovative electric vehicle (EV) startup, has rolled out its first productionready motorcycle from its manufacturing plant, signalling the company’s transition from startup to a full-fledged EV brand.

ZOMATO GETS RS 11.8 CR TAX DEMAND NOTICE

Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to its subsidiaries located outside India from July 2017 to March 2021.

NUEGO LAUNCHES E-BUS FOR INTERCITY SERVICE

NueGo is set to revolutionise long-distance travel journey with the launch of India’s first intercity electric bus service in a significant step towards decarbonisation and creating a more sustainable public transportation ecosystem in India.

Court to deliver verdict on SSC recruitment scam

The Calcutta High Court is scheduled to deliver its verdict on Monday (April 22) regarding petitions and appeals concerning purported irregularities in the selection of candidates for government-sponsored and aided secondary and higher secondary schools in West Bengal through a recruitment process initiated in 2016.

CJ] CHANDRACHUD URGES T0 VOTE

Chief Justice of India DY Chandrachud of India has urged citizens not to overlook the opportunity to vote in the general elections, emphasizing it as the “foremost duty” in a constitutional democracy.

Court reserves order on Kejriwal’s plea for medical assistance

Delhi’s Rouse Avenue Court has reserved its order on a plea filed by Delhi Chief Minister Arvind Kejriwal, seeking directions to Tihar jail authorities to administer insulin and allow him to consult doctors via video conferencing daily for 15 minutes due to his acute diabetes and fluctuating blood sugar levels.

COURT GRANTS BAIL TO YES BANK FOUNDER

A Mumbai Court has granted bail to Yes Bank founder RanaKapoor in an alleged loan fraud case on Friday in Mumbai.

Rise of philosopher-manager in corporate leadership

Translating it to modern world, philosopher-manager cultivates critical thinking, inquisitiveness and inquiry.