BUSINESSMAN SWINDLED OF RS 27 LAKH IN ATTEMPT TO PURCHASE 300-YEAR-OLD ANTIQUE IDOL

A Mumbai businessman fell victim to a fraud amounting to Rs 27.52 lakh while attempting to acquire a purported 300-year-old antique idol of Lord Krishna worth Rs 1 crore.

THOUSANDS GATHER AT CHAITYABHOOMI IN MUMBAI TO PAY TRIBUTES TO AMBEDKAR

Maharashtra Chief Minister Eknath Shinde and Deputy chief ministers Devendra Fadnavis and Ajit Pawar paid tributes to Dr B R Ambedkar on his 67th death anniversary on Wednesday.

Delhi High Court: Over-Crowding Of Emergency Wards In Govt Hospitals Must Be Circumvented, Emergency Need To Augment Space And Medical Facilities

The Delhi High Court in Its Own Motion versus.

BOMBAY HIGH COURT DENIED REGULARISATION TO SENIOR CITIZEN UNDER EMPLOYMENT GUARANTEE SCHEME, ENHANCED COMPENSATION DUE TO 37 YEARS OF LITIGATION

The Bombay High Court in the case Ashok Bhikanrao Deshmukh v. State of Maharashtra and Ors observed that the workers under the Employment Guarantee Scheme, EGS are not entitled to continued employment or regularisation.

US announces $21 million in additional aid for Gaza

In the midst of renewed tensions between Israel and Hamas, the United States has announced an additional $21 million in aid to Gaza, according to CNN, citing US Aid Administrator Samantha Power during her visit to Egypt.

Kazakh Prez strengthens Investment Council powers to boost economic

Ka z a k h P r e s i de nt Kassym-Jomart Tokayev has recently taken a significant step in bolstering the country’s economic landscape by signing a landmark decree aimed at enhancing the efficiency of attracting investments and accelerating economic growth.

AIRLINE INDUSTRY SET FOR $25.7B NET PROFIT IN 2024: IATA

For 2023, the net profit is estimated at USD 23.3 billion, significantly higher than the $9.8 billion projected by the IATA in June this year.

80% term deposits: Rs 1.5-10 mn range, 60% from metros

According to a survey by Kotak Institutional Equities, eighty percent of all term deposits fall between the Rs. 1.5 million and Rs. 10 million range and are mainly mobilized during the one to three-year bucket window

Onions & atta available at major metro stations for travellers

Kitchen necessities like flour, onions, and pulses may soon be available for purchase at major metro stations in Delhi, beginning with Rajiv Chowk.

85% crop area now sown with climate-resistant wheat

A study of the standing wheat crops in several major growing states conducted by senior agriculture ministry officials has revealed that about 85% of the seeded area under the crop is under climate-resistant types, allaying concerns about the impact of a colder winter on this year’s rabi crops.

Veg thali cost up by 10% amidst lower Kharif output

In a recent report by rating agency CRISIL, the cost of a vegetarian thali surged by 10% in November compared to October, attributing the spike to reduced Kharif output owing to irregular rainfall and amplified demand during the festive season

'Digital India Act delayed until after next general election'

The anticipated introduction of the Digital India Act (DIA), aimed at replacing the archaic IT Act of 2000, may face a delay in implementation ahead of the impending general elections, as revealed by Minister of State for Electronics and IT, Rajeev Chandrasekhar.

NCEL granted export permission for rice and sugar

The newly established National Cooperative Exports Ltd (NCEL) has received authorization to export 14,92,800 tonnes of non-Basmati rice to 16 countries and 50,000 tonnes of sugar to two countries, as disclosed by Cooperation Minister Amit Shah in the Rajya Sabha on Wednesday.

Lok Sabha nod sought for Rs 58,378 crore extra expenditures

In a bid to address additional financial requirements in the current fiscal year, the government has proposed a net additional spending of Rs 58,378 crore.

INDIAN AUTO INDUSTRY RECORDS HISTORIC SALES FIGURES

In this month, 2-wheelers surged to 22.47 lakh vehicles and passenger vehicles reached 3.6 lakh vehicles, driving overall retail sales to an impressive 18% YoY growth.

CR to run special trains, extra local services for Ambedkar death anniversary

The Central Railway will operate 18 special long-distance trains to and from Mumbai and 12 extra local services to cater to the rush of people in the city on B R Ambedkar’s death anniversary, observed as Mahaparinirvan Din, on December 6.

MAHA TOPS COUNTRY IN RIOTING CASES IN 2022, 3RD IN MURDERS: NCRB DATA

Maharashtra has recorded as many as 8,218 cases of rioting in 2022, the highest in the country for the year, the latest data released by the National Crime Records Bureau (NCRB) has revealed.

DELHI HIGH COURT EXTENDED THE ARBITRATION PERIOD DESPITE SIGNIFICANT DELAYS, CONSIDERING THE ADVANCED STAGE OF PROCEEDINGS

The Delhi High Court in the case Iqbal Singh v. Naresh Kumar observed and has extended the time period for the completion of arbitral proceedings, despite observing that there being inordinate delay in the completion of arbitral proceedings, on the ground that the proceedings, though protracted and has reached the advance stated.

DELHI HIGH COURT: CRUCIAL TO DISTINGUISH BETWEEN CITIZENS LEGITIMATE EXPECTATIONS AND UNREASONABLE DEMANDS FROM STATE

The Delhi High Court in the case Ravi Gupta v. State (Govt of NCT of Delhi) and Anr observed and has recently held that it is crucial to distinguish between legitimate or reasonable expectations and illegitimate or unreasonable demands made by citizens from the State.

CALCUTTA HIGH COURT EXTENDED POLICE PROTECTION TO FAMILY OF CONGRESS WORKER KILLED IN PANCHAYAT POLL VIOLENCE UPON FINDING THEY WERE BEING THREATENED BY ACCUSED

The Calcutta High Court in the case Rubi Khatun Versus the State of West Bengal and Ors observed and has extended the police protection which is granted to the family of an Indian National Congress worker who was allegedly killed by members and workers of the ruling political dispensation.

'DEGRADATION OF VALUES RAMPANT, REFORMATION NECESSARY IN SOCIETY'

Hindi version of ‘Jawahar’, a book on veteran freedom fighter Jawaharlal Darda, released

INDIA'S PER CAPITA EMISSIONS LESS THAN HALF OF GLOBAL AVERAGE IN 2022

The US is also the biggest CO2 emitter since the Industrial Revolution

JCB India anticipates double-digit growth in 2024 sales: CEO & MD Shetty

JCB India, a prominent heavy construction machinery manufacturer, envisions a substantial double-digit growth in volume sales for the year 2024, as revealed by its Chief Executive Officer and Managing Director, Deepak Shetty, on Monday.

Skechers plans robust growth in India, to boost mfg

Skechers, the American footwear giant, has identified India as one of its fastest-growing markets in the past three years, prompting a significant increase in the company’s investments in the country.

360 ONE Asset invests $16M in CoreEL Technologies for aerospace growth

CoreEL Technologies, a key player in technology development, systems engineering, and product manufacturing for the aerospace and defense sectors, has successfully secured a substantial investment of approximately USD 16 million from 360 ONE Asset Management Limited, formerly known as IIFL Asset Management Limited (referred to as “360 ONE AMC”).

ADANI GREEN ENERGY SEALS ITS LARGEST-EVER PROJECT FINANCING OF $1.36 BILLION

The development of AGEL, the largest renewable energy park in the world, near Khavda, Gujarat, will be made possible in part by the green loan facility.

Solar power could reach 75,000 GW with long-term storage

A ground breaking report Are released jointly by the International Solar Association (ISA) and the Long Duration Energy Storage (LDES) Council has unveiled a transformative vision for the future of renewable energy.

Tax filings near 80 million mark, MOS Finance tells lawmakers

Parlia Darliament received notable insights into India's tax landscape as Minister of State for Finance, Pankaj Chaudhary, disclosed that a staggering 7.76 crore tax returns have been filed for income earned in the fiscal year 2022-23, as of December 2. Anticipating further filings, Chaudhary remarked that this figure is expected to rise by the deadline, set for December 31, 2023.

GOVERNMENT FILLS 700,000 POSITIONS THROUGH 11 ROZGAR MELAS

The PMO pledged to recruit one million individuals within 1.5 years following protests against the Agniveer scheme, and recent figures suggest substantial progress toward this ambitious target.

FICCI seeks extension of FAME II, sops for adoption of over 30 mn EVs in 5 yrs

Tith the time period for the current FAME II scheme nearing completion in March 2024, industry has called for the continuation of the scheme for the next five years for enabling upfront near price-parity for EVS vis a vis ICE vehicle, and to help increase the adoption of EVs over the next few with a review at the end of three years.