CATEGORIES

SUPREME COURT CRITICISES HIGH COURT FOR NOT DECIDING BAIL APPLICATION ON MERITS AND DISPOSING IT ASKING ACCUSED TO APPROACH TRIAL COURT

The Supreme Court in the case observed that this approach amounts to non-exercise of jurisdiction. The Maharashtra Control of Organised Crime Act was invoked against the petitioner or accused in the present case. Thus, be seeks bail on merits and he pleaded his incarceration forsevenanda half years as a ground.

US raises costs for H-1B, EB-5 & more visas in fee hike

The United States has The declared a significant hike in fees for several non-immigrant visa categories, including the widely used H-1B, L-1, and EB-5 visas. This fee adjustment, the first since 2016, is slated to take effect from April 1, causing concerns, particularly among Indian nationals who heavily utilize these visa categories.

Pakistan's economic woes worsen as inflation hits 28.5%

Amidst an eco-Anomic crisis, Pakistan's caretaker government has revised its inflation projection, anticipating a staggering 28.5% inflation rate for January. The revised estimate, a 3.5% increase from the previous month, reflects persistent challenges in the form of food supply shocks, as reported by The Express Tribune.

ASIAN FACTORIES SPUTTER AS CHINA'S DEMAND WEAKENS

Mixed Asian factory performance: South Korea grows on increased demand, while Taiwan, Malaysia contract, and the Philippines expands at a slower pace.

Tata Steel considers UK plant boost with more govt. funding: Narendran

Tata Steel would consider additional future investments in its Port Talbot plant in the UK, if more government funding was made available, the company's Chief executive T V Narendran said on Wednesday.

Bain capital to invest 7B in India, ramp up hiring in 3-5 years

Capital has earmarked $7 billion to invest in India over the next three to five years as the country's relatively steady politics and economic growth lift its attractiveness for overseas money managers.

PAYTM FORESEES 60 MN IMPAC FROM RBI ACTION ON PAYMENTS BANK

Paytm has so far been suggesting that remedial action was going well. In October 2022, the bank received a final report from the RBI outlining

Assam cabinet approves new bill for tourism sector growth

On Wednesday, the Assam cabinet gave its nod to the Assam Tourism Development and Registration Bill 2024, aiming to regulate the state’s tourism sector.

UP plans to integrate higher edu with incubators to support biz ideas

Ittar Pradesh is set to higher Uta revolutionize education by integrating it with incubators, paving the way for angel funding to support innovative business ideas. With 63 operational incubators already in place, the government is ambitiously aiming to establish one at each higher education institution across all 75 districts.

MAHARASHTRA DOMINATES KHELO INDIA KHOKHO TOURNAMENT, CLINCHES GOLD IN FINALS

In a display of outstanding prowess, both the boys and girls from Maharashtra emerged victorious, securing gold in the highly competitive Khelo India Kho-Kho tournament finals held in Madurai on Tuesday.

Mumbai police's EOW arrests builder Tekchandani in cheating case

The Mumbai police's Economic Offences Wing (EOW) has arrested city-based builder Lalit Tekchandani in connection with a cheating and forgery case, an official said on Wednesday.

MUMBAI SCHOOL TEACHER GETS 5-YEAR JAIL TERM FOR SEXUALLY ASSAULTING MINOR GIRLS

A special court in Mumbai has sentenced a 28-year-old school teacher here to five years' rigorous imprisonment for sexually assaulting minor girl students.

'Belgium aims to scale up tech collaboration with India'

During a session held in the national capital, the Ambassador of Belgium to India, Didier Vanderhasselt, expressed Belgium's commitment to enhancing cooperation with India in order to scale up technological capabilities and address global challenges.

Nepal PM Dahal to address the problem facing Arun III hydropower project

In a recent high-level by Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda,' urgent attention was drawn to resolving issues related to the entry route of the 900 MW Arun III Hydropower Project, Nepal's largest energy initiative currently under construction by an Indian company.

Pak: PIA grounds flights due to unsettled fuel dues

In Pakistan International Airlines (PIA), the national carrier has grappled with internal turmoil leading to a halt in its domestic flight operations due to outstanding dues. According to a report by Dawn, the disruption ensued as the carrier's supply of aviation turbine fuel was completely cut off due to non-payment issues.

INDIA NOW ABLE TO CONTRIBUTE MUCH MORE TO GLOBE: EAM JAISHANKAR

Speaking to the Indian community in Vietnam, Jaishankar elaborated on India's significant global presence, citing the successful hosting of the G20 summit in New Delhi last month as a prime example

VIL eyes 5G rollout in 6-7 months post funding; faces Rs 30,000 cr debt payment in FY'26

Debt-ridden telecom firm Vodafone Idea on Tuesday said it will need 6-7 months to roll out 5G services after securing funding, for which discussions with investors are underway. Vodafone Idea CEO Akshaya Moondra during the company's earnings call said that the telco is in discussion with various vendors for the 5G roll-out as well as developing use cases.

Park hotels sets IPO price band at Rs 147-155, eyes strong market debut

Apeejay Surrendra Park Hotels on Wednesday AP said it has set a price band between Rs 147 and Rs 155 per equity share for its initial public offering (IPO).

Fidelity reduces Meesho's valuation to $3.5 bn

US-based Fidelity has again of Meesho, valuing the e-commerce start-up at $3.5 billion. This is a decline of about 29 per cent from the SoftBank-backed company's peak valuation of $4.9 billion.

RELIANCE INDUSTRIES TOPS HURUN GLOBAL 500 2023 AS INDIA'S MOST VALUABLE COMPANY

The report highlighted that Reliance, which was the most valuable Indian company last year too, fell ten spots in the rankings as its net worth decreased by 2 per cent in the year

Congress alleges govt's import of 5.6 mn tonnes of cheap steel

Ahead of scheduled Abudge budget session before Lok Sabha election, Senior Congress leader Jairam Ramesh on Wednesday alleged that Prime Minister Narendra Modi's government was allowing cheap steel imports resulting in huge problems for steel producers.

Centre issues advisories and surveys to boost female workforce participation

To bolster the representation of women in the workforce and advance gender equality, various ministries of the central government issued a series of advisories and surveys on Tuesday, aimed at industries and employers.

DIGI YATRA TO EXPAND TO 14 ADDITIONAL AIRPORTS THIS YEAR

Plans are afoot to introduce Digi Yatra at 14 airports, including Chennai, Bhubaneshwar and Coimbatore, by March this year

India's disability sector poised for $1 trillion boom

Pranav Desai, founder of the Voice of Specially Abled People, asserts that India's specially-abled population could actively contribute USD 1 trillion to the country's economy by 2047.

GST revenue collection in Jan'24 grows 10.4% yoy at Rs 1,72,129 cr

Underlining the higher level Under of economic activity in the country, India's gross GST revenue collection in the month of January 2024 posted a 10.4 per cent year-on-year (y-o-y) growth at ₹1,72,129 crore, over the revenues of ₹155,922 crore collected in the same month of 2023.

India slashes import duty on mobile parts

In a significant move to boost the country's electronics exports, the Union Ministry of Finance has announced a reduction in import duties on key components used in mobile phone production. The decision, revealed in a late Tuesday notification, is anticipated to have a positive impact on the mobile phone sector, fostering growth and enhancing global competitiveness.

INDIA'S APRIL-DEC FISCAL DEFICIT GROWS TO RS 9.82 LAKH CRORE, 55% OF FY24 TARGET

The Government is likely to announce a fiscal deficit target of 5.3 per cent of GDP for FY25.

Class 8 student injured in attack by classmate in Sangli school; accused detained

A 14-year-old student of Class 8 received injuries after a fellow student allegedly attacked him with a sharp object inside the classroom of a school in Maharashtra's Sangli district, a police official said on Tuesday.

NAVI MUMBAI BUSINESSMAN LOSES RS 60 LAKH IN CRYPTOCURRENCY TRADING FRAUD; 5 BOOKED

A 59-year-old businessman from Navi Mumbai township in Maharashtra has allegedly been duped of Rs 60.23 lakh after being lured to invest in forex and cryptocurrency trading for lucrative returns, police said on Tuesday.

MUMBAI OPEN TENNIS CHAMPIONSHIP TO BE HELD FROM FEBRUARY 5-11

Players from 31 countries will take part in the Mumbai Open Tennis Championship to be held here from February 5 to 11 following a gap of six years.