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Delhi LG approves DDA budget of Rs 8,811 crore

Delhi Lieutenant Governor VK Saxena on Wednesday approved the annual budget of the Delhi Development Authority (DDA) for the financial year 2024-25 with an outlay of Rs 8,811 crore.

RAJ BUDGET PROPOSES RS 10 B FOR SCHOOLS, COLLEGES, HOSPS; RECRUITMENT TO 70K POSTS

Finance Minister Diya Kumari said the former government ignored several assembly constituencies

INDIA EXPORTED TOTAL 169049.22 MT OF MILLETS IN FY24

The Agricultural & Processed Food Products Export Development Authority (APEDA), is actively promoting export of agricultural products, including millets, from India as well as providing assistance to registered exporters of millets under Agriculture & Processed Food Export Promotion Scheme. In financial year 2022-23, Indian states exported 169049.22 metric tonnes (MT) of millets, as per official data.

42% of Indian Kirana stores already moved away from Paytm

A survey released by Kirana Club on Thursday revealed that after the Reserve Bank of India (RBI) announced restrictions on the Paytm Payments Bank on 31 January, 42 per cent of mom-and-pop stores (or kirana stores) in India have already switched to using other mobile payment apps. It also added that nearly 20 per cent say they intend to use other payment apps.

Govt put economy among 'top five' globally, revitalised financial sector, overhauled credit ecosystem

An inheritance of a reform ready healthy economy rendered non-performing in 10 years, squandering away of credit for the 1991 economic changes after coming to power in 2004 and the UPA Government’s quest to maintain high economic growth by any means after the global financial crisis of 2008, severely undermining the macroeconomic foundations are among the key miscalculations of governance by the Congress-led coalition in power between 2004-2014, according to the White Paper presented by Finance Minister Nirmala Sitharaman on Thursday.

RBI KEEPS REPO RATE UNCHANGED AT 6.50%, PEGS GDP IN FY25 AT 7.0%

Looking ahead, the RBI expects recovery in rabi sowing, sustained profitability in manufacturing and underlying resilience of services to support economic activity in 2024-25.

MUMBAI UNIVERSITY HOSTS ANNUAL CONVOCATION 2023

Mumbai University marked a significant milestone with its Annual Convocation for the year 2023 held on Tuesday, February 7, 2024. The distinguished event witnessed the presence of Maharashtra Governor Ramesh Bais, UGC Chairman Prof. M.

FIRST BUS SERVICE ON ATAL SETU FINALIZED BY BEST

Mumbai is gearing up for its inaugural public transport bus service on the Mumbai Trans Harbour Link (MTHL), also known as Atal Setu, as the Brihanmumbai Electric Supply and Transport (BEST) has settled on route S-145 in coordination with the Chalo app.

MUMBAT'S 2050 SPENDING TO SOAR 166% TO TACKLE ESCALATING URBAN HEAT

In the aftermath of a record-breaking global heat year in 2023, a new international study warns that Mumbai's expenditure to manage urban heat, intensified by rapid urbanization, may surge by 166% in 2050 if carbon emissions continue to rise. The study, conducted by Moody's RMS, focuses on Mumbai, New York, Paris, and Rio de Janeiro.

TRIO WHO REACHED MUMBAI FROM KUWAIT ON A BOAT HELD FOR ILLEGAL ENTRY INTO INDIA

The Mumbai police on Wednesday arrested three persons for entering India illegally, a day after they reached the metropolis on a boat from Kuwait, an official said. The boat with the trio on board was anchored at the Gateway of India on Tuesday. Prima facie, nothing suspicious was found on the boat, he said.

SUPREME COURT POSTS SNC LAVALIN CASE FOR FINAL HEARING ON MAY 01, 2024

The Supreme Court in the case Kasthuri Ranga Iyer v. State represented by Addl. Superintendent of Police CBI and Ors. observed wherein the appeal was filed by the Central Bureau of Investigation challenging the discharge of Kerala Chief Minister Pinarayi Vijayan and certain officials in the SNC Lavalin case for final hearing on May 01, 2024.

SUPREME COURT: COMMON INTENTION CANNOT BE INFERRED MECHANICALLY MERELY BASED ON PRESENCE OF ACCUSED NEAR CRIME SCENE

The Supreme Court in the case Velthepu Srinivas v. State Of Andhra Pradesh, now the State of Telangana observed while affirming that the life imprisonment of three accused or appellants for murder, modified the sentence of another accused, A3 to culpable homicide and sentenced him to ten years.

DELHI HIGH COURT CALLS FOR MEETING TO ENSURE BANKS FOLLOW SOP ON PROVIDING INFO ABOUT FRAUDULENT TRANSACTIONS TO LAW ENFORCEMENT AGENCIES

The Delhi High Court in the case Dabur India Limited v. Ashok Kumar and Ors & other connected matters observed and has directed the Indian Banks Association, IBA to hold a meeting to ensure that all banks follow the Standard Operating Procedure SOP in respect of providing information on fraudulent transactions to the law enforcement agencies.

iPhone reigns in China's smartphone market

Apple Inc.'s iPhone emerged as the top-selling smartphone series in China for the first time in 2023, showcasing robust performance amid intense local competition and expanding government restrictions.

DEEPENING, MATURING, EXPANDING, INDIA AND US FORGE CLOSER BONDS

Despite challenges, he found a consistent thread of positivity in these interactions, reinforcing his belief that the U.S.-India partnership would endure through crises and continue to progress.

Sun Pharma to acquire remaining 21.52% shares of Taro

Sun Pharmaceutical IndusStre tries has entered an agreement with Taro Pharmaceutical to acquire the balance 21.52 percent stake in the Israel-based company for a cash consideration of $43 per share amounting to $347.73 million (Rs 2,982 crore).

Pichai hints at more layoffs at Google in 2024

A day f day following the termination of approximately 1,000 employees, Google's CEO Sundar Pichai hinted at the possibility of additional job cuts in the coming year, as reported by The Verge.

BOEING LANDS 150 MAX JET ORDER FROM AKASA AMIDST INDUSTRY CHALLENGES

Akasa’s total order book now stands at 226 aircraft, bolstering its domestic and international expansion plans, according to the statement.

Adani enhances market standing, secures 7 GW Khavda project

Adani Energy Solutions limited (AESL) announced on 28 December that it has secured a letter of intent (Lol) to acquire Halvad Transmission from PFC Consulting Limited (PFCCL). Halvad Transmission, a special-purpose vehicle established by PFCCL, is dedicated to evacuating 7 gigawatts (GW) of renewable energy (RE) from the Khavda RE park in Gujarat.

Indian Railways powers up Northeast: electrifies 937 RKM tracks

In the northeastern reLgion of India, the railway network is swiftly undergoing electrification to achieve Net Zero Carbon Emissions by 2030.

GOVT CRACKS DOWN ON ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS

The central government is taking action against the promotion of deceptive loan apps on social media

PM Modi unveils ambitious development agenda in Goa: Key projects, initiatives unveiled

The Prime Minister, Shri NaThe rendra Modi inaugurated and laid the foundation stone for development projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa today.

ONGC ties up with Total Energies to detect, measure methane emissions

State-run energy company She corporation has signed an agreement for cooperation with TotalEnergies to carry out methane emissions detection and measurement campaigns.

India set to invest around 67 bn over 5-6 yrs, lift refining capacity to 450 MMTPA: Modi

The India Energy Week comes at a pivotal juncture when the initial six months of this fiscal year has seen India's GDP growth rate surge by over 7.5 percent -a figure surpassing global growth estimates -- and the country has emerged as the world's third-largest energy consumer, oil consumer and LPG consumer as well as the fourth-largest importer of LNG, refiner and automobile market globally.

GOVT RECEIVED INVESTMENT PROPOSALS WORTH RS 33,129 CR DURING WORLD FOOD INDIA 2023

MoFPI in India sees a surge in investment interest totaling Rs 33,129 crore, driven by schemes and initiatives promoting the food processing sector’s growth

Mortgage Rates Surge Past 7% Amid Economic Rebound

The The average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December, hitting 7.04%, according to Mortgage News Daily.

Review Order Banning Paytm Bank Services, Founders Urge Govt

In a In a concerted effort to adLdress concerns regarding the recent regulatory directive impacting Paytm Payments Bank (PPBL), a group of prominent startup founders has penned a letter to key governmental bodies, including the Prime Minister, the Finance Minister, and the Reserve Bank of India (RBI).

Worli Seaface: Mumbai's Very Own Billionaires Row

Akin to the ultra-luxury towers dotting the southern tip of Central Park in Manhattan, Mumbai is also witnessing the emergence of its very own Billionaires' Row at Worli Seaface. Much like the famed New York neighbourhood, Worli Seaface with some of the most super premium and high-value residences in the city, has gained a reputation as the address that spells success.

DELHI HIGH COURT REFUSED TO QUASH SUMMONS AGAINST ARWIND KEJRIWAL: RETWEETING DEFAMATORY CONTENTS AMOUNTS TO DEFAMATION

T he Delhi High Court in the case Arvind Kejriwal v. State and Anr. observed and has refused to quash the summons issued against Delhi Chief Minister Arvind Kejriwal in a criminal defamation case for retweeting an allegedly defamatory video which is posted by YouTuber Dhruv Rathee in 2018.

CHINESE PREZ DIGS IN HIS HEELS DESPITE MOUNTING SETBACKS

Lam predicted Xi likely would not seek to reign beyond a fourth five-year term, although at that time he might remain a power behind the throne by retaining the chairmanship of the allimportant Central Military Commission.