CATEGORIES

ADB Grants $98M loan for India's horticulture farmers

A USD 98 million loan has been authorized by the Asian Development Bank (ADB) to help Indian horticultural crop farmers have better access to certified disease-free planting materials, protecting them from the effects of climate change.

ADANI GROUP CHAIRMAN UNVEILS SUSTAINABLE INITIATIVES IN CEMENT INDUSTRY

Gautam Adani, the chairman of the Adani Group, stated that he anticipates the company to take the lead in the production of sustainable cement

J&K boasts job boom, 7.4 lakh self-employed since 2021

The of Home Affairs, responding to queries in the Rajya Sabha, disclosed that Jammu and Kashmir witnessed a significant upsurge in employment prospects and economic initiatives over the past couple of years.

Surat shines with world's first jewellery mall

Surat, renowned as India's diamond capital, is set to elevate its status in the global diamond market with the official opening of the Surat Diamond Bourse (SDB).

'Agnipath' scheme to keep armed forces young and tech-savvy

Indiana Indian Army Chief Gen Manoj Pande hailed the 'Agnipath' scheme as a groundbreaking approach to manpower intake, emphasizing its role in ensuring a youthful profile within the armed forces. Introduced in 2022, the scheme enrols soldiers as 'Agniveers' for a four-year period, allowing them to later transition to civilian jobs while retaining the option to return to military service.

Adani aims for 60% renewable energy supply for Mumbai

In a significant declaraGautam Adani, the chairman of Adani Group, plans were unveiled to substantially increase Mumbai's reliance on renewable energy. Adani stated via a social media post on X (formerly Twitter) that Adani Electricity is on track to deliver 60% of Mumbai's electricity from renewable sources by 2027, setting a potential global record for a major city.

MAHARASHTRA GOVT SEEKS APPROVAL FOR RS 55,520 CRORE

The finance departmentstressed the vitalneed for supplementary funds to sustain ongoing schemes reliant on state treasury support for continued progress and implementation

India's carbon footprint expected to rise 8.2% in 2023

An international study forecasts an 8.2% surge in carbon emissions for India and a 4% increase for China in 2023. Conducted by a consortium of over 120 scientists, including the University of Exeter, UK, the research highlights a global rise in emissions from coal, oil, and gas by 1.1%, 1.5%, and 0.5%, respectively. Conversely, projections suggest a decline in the EU by 7.4% and the USA by 3%.

Nigeria, Philippines, Argentina eye Indian fighter jets: HAL

The Chairman and Managing Director of Hindustan Aeronautics Ltd (HAL), CB Ananthakrishnan, revealed on Wednesday that Nigeria, Philippines, Argentina, and Egypt have expressed keen interest in procuring India's indigenously-developed Tejas Light Combat aircraft. Ananthakrishnan shared that ongoing discussions were underway with these nations regarding potential procurement deals.

FM CALLS DEVELOPED COUNTRIES' MOVE TO LEVY BORDER ADJUSTMENT TAX 'MORALLY WRONG'

Sitharaman also lashed out at developed countries' move to levy a border adjustment tax to fund their own green commitments

FORMER EMPLOYEE AND DRIVER FLEE WITH BUSINESSMAN'S BAG CONTAINING RS 8 LAKH

Mumbai police successfully foiled a plan orchestrated by a former employee and a driver of a paper businessman to abscond with a bag containing nearly Rs 8 lakh last week.

Thane assistant civic commissioners may ensure setting of Marathi signboard order

Thane Municipal Commissioner Abhijit Bangar on Tuesday asked nine assistant civic commissioners to ensure that signboards of shops and other establishments in the city are displayed in the Marathi (Devnagri) script in bold letters as per Maharashtra government rules.

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.