UAE, AZERBAIJAN SIGN MOU SET TO FACILITATE DIGITAL INFRA INVESTS

The Ministry of Investment of the UAE and the Ministry of Digital Development and Transport of the Republic of Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening the digital infrastructure in Azerbaijan with a focus on the development of data centers.

INDIA EYES ECONOMIC GAINS AS CHINA'S STIMULUS FUELS SURGE IN GLOBAL MINING DEMAND

Fitch Ratings anticipates a notable uptick in the demand for base metals in 2024, with a specific focus on copper, considered pivotal in the ongoing energy transition

SpiceJet eyes acquisition of bankrupt Go First: Report

SpiceJet is among the three entities that have shown late interest in acquiring bankrupt carrier Go First.

APAC chemicals sector: recovery amidst destocking shift - Fitch Ratings

Fitch Ratings anticipates a gradual recovery for rated APAC chemicals companies as they approach the end of the destocking cycle, signalling positive revenue growth in the years 2024 -2025.

ZEE REQUESTS DEADLINE EXTENSION FOR CULVER MAX MERGER

Zee Entertainment has formally asked for an extension beyond the December 21, 2023, deadline for its proposed merger with Culver Max Entertainment CMEPL), formerly Sony Pictures Networks India

Budget 2024-25: NAREDCO seeks funds for stalled projects, GST input tax credit

The National Real Estate Development Council (NAREDCO) has suggested the Union finance ministry come up with the second tranche of the Special Window for Affordable and MidIncome Housing (SWAMIH) fund in the upcoming budget for the financial year 20242025.

RIJIJU LAUNCHES MAIDEN INDIAN WINTER ARCTIC EXPEDITION, APPLAUDS SCIENTIFIC PROGRESS

Our scientists and team have committed their full support to the Ministry of Earth Sciences,” Rijiju stated. As deep as six kilometers, submersible devices being designed to explore the ocean’s depths will be able to descend

Assam tea worth Rs 2,300 crore sold at GTAC

Assam tea, worth nearly Rs 2,300 crore, was sold at the Guwahati Tea Auction Centre (GTAC) during the financial year 2023-2024 so far.

Electric bus penetration set to double next fiscal: Report

A report suggests that despite persistent counterparty risks and the limited availability of charging stations, the share of electric buses (e-buses) is poised to double to 8 percent in the next fiscal year.

NHAI grants TOT projects worth Rs 9,384 cr to successful bidders

After a delay of around three months, the National Highways Authority of India (NHAI) has granted Toll, Operate, and Transfer (TOT) projects covering a total length of 273 km to successful bidders. The projects, bundled under TOT packages 13 and 14, have been awarded at a total value of Rs 9,384 crores.

India, UK to hold 14th round of talks on FTA in Jan' 24

India and the UK will continue their deliberations on the ambitious free trade agreement (FTA) in the 14th round of negotiations which will take place in January 2024 to bring to fruition, a comprehensive and ambitious FTA which the two countries have been discussing since the launch of talks on 13 January, 2022.

India tops global remittance charts with $125 billion in 2023

The most recent Migration and Development Brief from the World Bank reveals a continuous rise in remittance flows to low- and middle-income countries (LMICs) in 2023, albeit at a slower pace than in previous years.

GOOGLE TAKES DOWN 2,500 FRAUDULENT LOAN APPS FROM ITS PLAY STORE, SAYS FM

In a written response to the Lok Sabha, Finance Minister Nirmala Sitharaman stated that the government is constantly engaged with the Reserve Bank of India (RBI) and various regulators and stakeholders concerned to control fraudulent loan apps

DELHI HIGH COURT DENIED BENEFITS OF SECTION 14 OF LIMITATION ACT CITING LACK OF DILIGENT PROSECUTION; PETITION UNDER SECTION 34 OF THE A&C ACT DISMISSED TWICE FOR NON-PROSECUTION

The Delhi High Court in the case U.P. Jal Vidyut Nigam Ltd v. C.G. Power & Industrial Solution Ltd observed and has stated that he application of Section 14 of the Limitation Act is not available to a petitioner who, through lack of diligence, allowed its section 34 petition moved under the Arbitration and Conciliation Act which is to be dismissed twice for nonprosecution.

SIT to probe incident of bureaucrat's son trying to mow down girlfriend with car in Thane

A special investigation team (SIT) has been formed to probe the incident in which a woman was injured after her boyfriend, who is a senior bureaucrat's son, allegedly tried to mow her down with his car in Thane city, police said on Sunday.

JSW GROUP CHAIRMAN SAJJAN JINDAL FACES RAPE ALLEGATIONS; FIR REGISTERED BY MUMBAI POLICE

Mumbai Police has officially registered a First Information Report (FIR) against Sajjan Jindal, the Chairman and Managing Director of JSW Group, following an order from the Bombay High Court.

ANGRY LOCALS, KIN OF WORKERS BLOCK ROAD NEAR BLAST-HIT FACTORY IN NAGPUR

Angry locals and relatives of workers blocked a highway near an explosives manufacturing unit in Nagpur district, where a blast claimed nine lives on Sunday, and demanded they be allowed to allowed to enter the premises to see the bodies. The crowd was later dispersed, police said.

Delhi High Court: Correctness Of Information Provided Cannot Be Adjudicated In Proceedings Under RTI Act

The Delhi High Court in the case Narendra Tyagi v. Assistant Director, CPIO observed and has stated that the correctness of information provided under the Right to Information Act, 2005, or any other dispute or controversy, cannot be adjudicated in proceedings under the enactment.

BOMBAY HIGH COURT DIRECTED DEPARTMENT TO PERMIT AMEND IN GSTR-1, EITHER ONLINE OR MANUAL

The Bombay High Court in the case Star Engineers (I) Pvt. Ltd. Versus Union of India observed and has directed the department to permit the petitioner or assessee to amend or rectify Form GSTR-1 for the period July 2021, November 2021, and January 2022, either online or manually.

Delhi High Court Upholds Charges Framed Against Former Punjab and Haryana High Court Registrar, Recruitment 2017 Haryana Judicial Paper leak

The Delhi High Court in the case Dr Balwinder Kumar Sharma v. State of UT Chandigarh observed and has upheld that the charges framed against former Registrar i.e., the Recruitment of the Punjab and Haryana High Court, Dr. Balwinder Kumar Sharma, in connection with the paper leak of Haryana Civil Services i.e., the Judicial Branch Preliminary Examination, 2017.

TELANGANA HIGH COURT PASSED A SLEW OF DIRECTIONS TO ENSURE SPEEDY DISPOSAL OF CASES AGAINST MLA & MPS

The Telangana High Court in the case observed and has passed the slew of directions to the Courts and Police Officials concerned in furtherance of the Suo Motu proceedings initiated that were taken up by the court in order to the ensure speedy disposal of cases with regards to MLAs and MPs.

17th Dubai Int'l Food Safety Conference kicks off at DWTC

The Dubai International TH Food Safety Conference, now in its 17th edition, commenced on December 11, 2023, at the Dubai World Trade Center (DWTC) with the theme 'Impact of Climate Change on Food Safety.'

India to host Quad Summit later in 2024

The e The anticipated QUAD (Quadrilateral Security Dialogue) Summit, originally scheduled for January in India, has been reportedly postponed to a later date in 2024, according to sources close to the matter. The decision stems from the logistical challenge of finding dates that align with the schedules of all QUAD partners.

Global South expresses deep disappointment over GST draft at COP28

The ongoing climate conference (COP28) has become a battleground for developing countries as they express deep dissatisfaction with the latest draft of the global stocktake (GST), a document considered pivotal to the conference’s outcomes.

TEACHERS, ADMINISTRATIVE STAFF IN POK DEMAND OVERDUE HIKE

The increase of 30 to 35 per cent is the basic right of the employees, which should be given to them. We have waited for five months on this matter,\" one of the protesting teachers said

Honda Elevate hits 20,000 sales since September launch

Honda Cars India on Saturday said its mid-sized Sports Utility Vehicle Elevate has crossed 20,000 sales mark since its launch in the domestic market in September this year.

Genrobotics chosen among top three Indian startups at global AI summit

Genrobotics, a Kerala-based startup acclaimed for leveraging technology for social change, has been adjudged among top three Artificial Intelligence (AI) startups of India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023 organised by the Ministry of Electronics and Information Technology in New Delhi.

FCI boosts market supply with E-Auctions of Wheat, Rice

In a proactive measure to enhance the availability of essential commodities in the open market and mitigate inflationary trends, the Food Corporation of India (FCI) has successfully conducted 25 e-auctions, resulting in the sale of 48.12 Lakh Metric Tons (LMT) of wheat under the Open Market Sale Scheme (Domestic).

India's banking sector poised for growth: Fitch Ratings

Fitch Ratings presents a positive outlook for 2024, underlining the nation’s substantial improvement in 2023, surpassing expectations.

DHARAVI PROJECT TENDERFINALIZED DURING MVA GOVERNMENT: ADANI

The Adani Group won the Dharavi project through a transparent, internationally competitive, and equitable bidding procedure, the group announced in a statement