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PUNJAB NATIONAL BANK Q3FY24 NET PROFIT JUMPS 253% YOY TO ₹2,223 CR

PNB's Q3 FY24 Net profit soars 253% YoY to Rs 2,223 crore; strong growth in net interest income and digital transactions

D2M broadcasting tech anticipated for the upcoming yr

Mobile Direct (D2M) broadcasting technology is anticipated to be accessible to the general public by “next year,” as stated by a senior government official, who expressed confidence in its coexistence with the internet. D2M technology facilitates the direct broadcast of video and other multimedia content to mobile phones, eliminating the need for an active internet connection.

OPEN AI BLOCKS AI USE IN POLITICAL CAMPAIGNS AND ELECTION INFLUENCE

Theapproach involves enhancing platform safety by promoting accurate voting information, implementing measured policies, and enhancing transparency

Airbus partners with Tata Group to set up India's first helicopter

In a major boost to ‘Make in India’, Airbus Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.

30,000 Indian students studying in France by 2030

In a significant move to foster academic collaboration, the French government, under President Emmanuel Macron’s leadership, has set an ambitious target of hosting 30,000 Indian students in its universities by 2030

Dwindling rice stores, steady appetite push India prices to record highs

The surge in parboiled rice prices from India comes amid concerns over the country’s rice output. With the first expected decline in eight years, there’s heightened attention on New Delhi’s potential extension of export curbs to stabilize food prices. The evolving situation underscores the delicate balance between meeting international demand and ensuring domestic food security, especially as political considerations become increasingly relevant in the lead-up to elections.

REVOLUTIONIZING CREDIT FOR MILLIONS IN INDIA

Regulatory action against predatory Chinese lending apps in India has shifted focus to utilizing the Unified Payments Interface UPI) to expand credit offerings, especially among lower-income individuals.

Ranjan Pai Secures 40% Stake in Debt-Free Byju's Aakash Institute

Ranjan Pai, the chairman of Manipal Education and Medical Group, may emerge as the majority shareholder in Aakash Institute, owned by Byju's, with 40 per cent stake. The Aakash board has reportedly given the green light for the conversion of Ranjan Pai's $300 million investment made during 2023 into equity. This move values Aakash Institute, one of Byju Raveendran's key assets amid challenges in the edtech sector, at approximately $700 million and would position it as a debt-free entity.

Amara Raja targets Giga factory operation by End of 2025

Amara Raja Batteries Ltd announced that its inaugural giga factory is set to commence operations by the conclusion of 2025. The company emphasized the need for an integrated approach in establishing giga factories, combining advanced technology, substantial capital expenditure, giga-scale facilities, and a supportive ecosystem.

Tesla anticipates growth slowdown ahead of 2025 EV Model launch: Musk

Tesla expects to start pronext-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday, after warning of a sharp slowdown in sales growth this year.

MAHARASHTRA DEVOTEES OFFER GIANT 7-FOOT SWORD, WEIGHING 80 KG TO RAM LALLA

Devotees from Maharashtra presented a giant 7 feet 3 inches long sword weighing 80 kilograms to Ram Lalla in Ayodhya. The present highlights the deep devotion and reverence held for Lord Ram Lalla by his followers and the connection between Ayodhya and its followers across India.

DELHI HIGH COURT: DELHI INTERNATIONAL AIRPORT LIMITED, DIAL AGAINST THE DECISION TO COMMENCE COMMERCIAL FLIGHT OPERATIONS AT HINDON AIRFORCE STATION

Therefore, DLAL has also challenged acommunication issued by AAI inviting various airline operators to increase flight operations and file their respective flight schedule for availing slots at the Hindon Airforce Station.

How indigenous anti-train collision system Kavach works

A recent trial carried out by the Agra Division of North Central Railway has yielded promising results for, the Kavach, anti-train collision system, which was tested successfully at a speed of 160 kmph.

Conundrum of Coalition Governments

A coalition government is a form of government in which political parties cooperate to form a government. The usual reason for such an arrangement is that no single party has achieved an absolute majority after an election.

Surrogacy: Navigating rights, ethics, and religious perspectives in today's world

Recently, an insightful article penned by Sarah Jefford, titled \"I am a surrogate mother -the Pope should stay out of my life\", has found its place in The Age newspaper of Australia, delving into the statements made by the Pope regarding surrogacy.

Global entities call on Taliban to reopen girls' schools

As the world observed the International Day of Education international organizations have united in calling for the immediate lifting of the ban on girls' education in Afghanistan, a restriction that has persisted for over two years.

iPhone reigns in China's smartphone market

Apple Inc.'s iPhone Apple 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. According to market tracker IDC, the iPhone secured the first position in shipments for both the fourth quarter and the overall year. Despite earlier predictions of a decline in iPhone sales during the fourth quarter, timely discounts and promotions helped Apple maintain its market share.

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

In a farewell ceremony held at the India House, sador to the United States, Taranjit Singh Sandhu, highlighted the deepening and maturing relationship between the two largest democracies. The 61-year-old Sandhu, who is set to retire later this month after over 35 years in the foreign service, expressed that the India-U.S. relationship has expanded across various domains, including technology, trade, defense, space, healthcare, education, skilling, and people-to-people connections.

OPPO and Nokia resolve patent dispute with cross-license agreement

OPPO, based in China, and Finland's Nokia have reached a global patent cross-license agreement, putting an end to their prolonged 5G patent dispute. The resolution comes after multiple lawsuits in various countries, where OPPO faced challenges in using Nokia's 5G patent technology, leading to sales halts and product delisting in certain regions.

Zee moves to NCLT for Sony merger; Japanese firm opposes

Zee Entertainment, led by media tycoon Subhash Chandra, has taken the matter to a corporate disputes tribunal, seeking Sony's adherence to a $10 billion merger agreement. Despite the failed merger, the Japanese media giant remains committed to thriving in the Indian market.

INDIA'S PRIVATE SECTOR ECONOMY GAINS GROWTH MOMENTUM AT START OF 2024

HSBC: Sharp January uptick in India's private sector with strong output growth and increased hiring

CM Kejriwal unveils 3rd Light House Skill Center in Delhi

The third Light House Skill Th Center has been opened in the Matia Mahal neighborhood of old Delhi by Chief Minister Arvind Kejriwal.

TN's Sivakasi gears up for festival season cracker production

Sivakasi, Virudhunagar district, Tamil Nadu, known for its firecracker and match manufacturers, is poised for a significant increase in Diwali cracker production as the much-anticipated celebrations get closer.

Goodricke strategises diversification to offset tea industry challenges

Through the ABHA-based registrations, Sharma added, patients would also have digital access to their prescriptions, pharmacy slips, and diagnostic results.

10 MILLION REGISTRATIONS IN DIGITAL OPD SCHEME

K'taka, UP top list for registrations, 3 AIIMS in top-30 implementers

Adani firm ACC reports robust Q3 show, PAT up 375% at Rs 538 cr

Cement and building materials major and a company of the diversified Adani Group, ACC Limited reported robust Q3 FY'24 financial results with the firm's standalone net profit rising 377.57 per cent to Rs 527.48 crore in Q3 FY24 as against Rs 110.45 crore in the same quarter of FY23. The company has achieved significant improvements in all financial matrices.

Rupay doubles share, hits Rs 10,000 cr peak

Rupay credit card spending reached a milestone, exceeding Rs 10,000 crore in December, marking a twofold annual increase.

DLF sales bookings double up to Rs 13,316 crore

Realty giant DLF Ltd has witnessed a significant surge in its sales bookings, doubling annually to reach Rs 13,316 crore in the first nine months of the current fiscal year. The remarkable increase is attributed mainly to the robust demand for DLF's luxury housing properties in Gurugram.

World Bank unveils $100 million investment plastic cleanup bond

In a groundbreaking move crisis, the World Bank has introduced a pioneering seven-year USD 100 million Plastic Waste ReductionLinked Bond. This innovative financial instrument aims to tie investor returns to Plastic Waste Collection Credits, Plastic Waste Recycling Credits, and Voluntary Carbon Units generated by projects in Ghana and Indonesia.

Defence Ministry to acquire 14 fast patrol vessels for Rs 1,070 crore

The Indian Defence Ministry has recently finalized a contract with Mazagon Dock Shipbuilders Ltd (MDL), based in Mumbai, for the procurement of 14 fast patrol vessels (FPVs) at a cost of Rs 1,070.47 crore.