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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.

INDIAN OEMS YET TO ADOPT INVENTORY MANAGEMENT PRACTICE

No Indian auto manufacturer till date has implemented just-In-time (JIT) end-to-end in supply chain, a widely adopted inventory management practice in the auto manufacturing industry, thus running the risk of sudden shifts in orders and bloated inventory which leading to potential disruptions in operations and financial strain.

Toyota launches new Innova HyCross model

Toyota Kirloskar Motor (TKM) has introduced a new grade in the Innova HyCross the GX (O) petrol variant.

INDUSTRY HOPES FOR BETTER CHARGING INFRA

Tesla has been exploring the possibility of establishing a manufacturing plantin the country, in lieu of customs duty concessions.

GEMS, JEWELLERY EXPORTS IN FY24 DIP BY 12.2%

Gems and jewellery exports declined by 12.17 per cent to Rs 2,65,187.95 crore (USD 32,022.08 million) during 2023-24, compared to the previous financial year due to high interest rates in the US and slow recovery in China, Gem and Jewellery Export Promotion Council (GJEPC) data showed.

World Bank received USD 11 billion funds for new financial instruments

The World Bank has received endorsements of USD 11 billion for the new financial instruments aimed at boosting lending capacity and addressing shared global challenges.

INDIA MUST CONTINUE REFORMS FOR SUSTAINED GROWTH: IMF

India is on a sustained growth path driven by consumption and public investments, India’s economic performance stands out against a backdrop of global uncertainties said Krishna Srinivasan IMF Director, Asia and Pacific Department in an Exclusive interview to ANI.

FOREIGN INVESTORS EXIT INDIAN DEBT MARKET AMID GLOBAL UNCERTAINTY

JP Morgan emerging market index will see a1 weightage starting June 2024 and increasing by 1 every month to capat10 ceiling by April 2025.

NEED FOR INDIA-BANGLADESH ECONOMIC COOPERATION DEAL: CUTS

India needs exploring partnership opportunities to navigate the changing trade dynamics effectively.

India calls for balancing energy stability amidst oil volatility

India has emphasised the importance of balancing market stability, affordability, with pragmatism and its commitment to support efforts to achieve balance in global energy markets amidst recent trends and volatility in global oil markets.

Govt renewable power co IREDA achieves all-time high profit

Indian Renewable Energy Development Agency Ltd. (IREDA) achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore in its audited financial results for the fiscal year 2023-24, the company informed in an exchange filing on Friday.

Viksit Bharat not a high-flying dream, itis achievable: FM

Finance Minister Nirmala Sitharaman articulated her vision for Viksit Bharat 2047 during an interaction held at the Gujarat Chamber of Commerce and Industry (GCCI) premises in Ahmedabad on Saturday. “Viksit Bharat is not a highflying dream;

'Restoration of Indian economy since 2014 a lesson for Harvard'

The restoration of the Indian economy, especially banks since 2014 is actually a lesson for the Harvard Business School said finance minister Nirmala Sitharaman, while addressing the gathering at the Gujarat Chambers of Commerce and Industry (GCCI), in Ahmedabad on Saturday. The finance minister was speaking on the topic Vikshit Bharat 2047.

CCPA URGES FSSAI PROBE: NESTLE ACCUSED OF ADDING SUGAR TO BABY PRODUCTS

The Central Consumer Protection Authority (CCPA) urged FSSAI to investigate Nestle India for allegedly adding sugar to baby products

'Nation's mood is for PM Modi's leadership': NCP (Ajit Pawar faction) leader Praful Patel

As the voting in the first phase of 2024 general election is underway, Nationalist Congress Party (Ajit Pawar faction) Praful Patel said on Friday that the mood of the nation is for development and for Prime Minister Narendra Modi’s leadership.

Bajaj Auto's Pulsar hits Rs 10,000 cr mark; New variant coming in May 2024

FY24 has been a remarkable year for Bajaj Auto’s Pulsar, achieving two significant milestones—record breaking sales volume and reaching the prestigious Rs 10,000 crore mark as a brand. To capitalize on this success, Bajaj Auto has announced plans to launch six new models in the first half of FY25, starting with the largest Pulsar variant in early May.

An MoU to revitalize the Temple Management Education ecosystem Temple Connect partners with Mumbai University and WeSchool to Enhance Temple Management Courses

Mumbai University, Shikshana Prasaraka Mandali, and WeSchool have joined hands with Temple Connect to enhance Temple Management courses.

World's shortest living woman casts her vote in Nagpur, urges everyone to vote

The world’s shortest living woman, Jyoti Amge on Friday cast her vote at a polling booth in Nagpur. After casting her vote, Jyoti urged everyone to come out and vote in large numbers. “Today, I am feeling very good because I have voted.

SUPRIYA SULE OWES RS 35 LAKH TO SUNETRA PAWAR, REVEALS ELECTION AFFIDAVIT

The electoral battle in Maharashtra’s Baramati Lok Sabha seat is going to be a closely watched contest between NCP candidates Sunetra Pawar and Supriya Sule, who are vying for victory in the Pawar family’s stronghold.

SUPREME COURT REFUSED TO INTERFERE WITH CONCURRENT FINDINGS THAT CHEQUE WAS NOT ISSUED TOWARDS LEGALLY ENFORCEABLE DEBT, UPHOLDS ACQUITTAL | SECTION 138 NI ACT

The Supreme Court in the case M/S Rajco Steel Enterprises Versus Kavitha Safaff And Anr. observed and has upheld the acquittal of an accused in the 16-year-old cheque dishonor case since the complainant failed to prove that there exists a legally enforceable debt which being against the accused.

India, Russia agree to deepen cooperation in higher education

Russia is exploring new opportunities for cooperation with India in areas of education, science, and innovative technologies, as well as professional training, as it looks to introduce Indian youth to all the opportunities for obtaining higher education in Russia and encourage their interest in Russia’s technical achievements, particularly in space exploration, aviation and military technology, and medicine.

MARCH SEES JAPAN'S INFLATION DIP TO 2.6 PER CENT

As of data released on Friday, Japanese inflation decreased to 2.6 per cent in March, largely in line with market expectations.