City New Delhi Financial News

03.08 / 03:17

COST Reuters Mobile Tesla track country social In India, it's advantage Tesla as Chinese automakers face heat

Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to negotiate terms for an entry to the world's third-largest auto market without the competitive threat from BYD that it faces in other emerging markets, like Thailand. «The future of who wins in India will have some bearing on who wins globally in the EV race,» said Jasmeet Khurana of the World Economic Forum.

03.08 / 01:07

Digital Platform country Epublic infra revolution making India high-productivity, mega economy: Nandan Nilekani

Infosys cofounder and chairman Nandan Nilekani, who has spearheaded India's digital public infrastructure (DPI) revolution. India is moving from being an «offline, informal, low-productivity set of micro economies to a single online, formal, high-productivity, mega economy,» said Nilekani who was founder chairman of the Aadhaar project speaking at an event in New Delhi. «India's 'techade' is a different model of growth.

02.08 / 21:15

Provident electronic Rajeev Chandrashekhar bats for India's growing telecom sector

New Delhi: Minister of state for electronics and IT Rajeev Chandrasekhar. said Wednesday that the Indian telecom sector provided opportunity for more players to come even as he foresaw four players to continue to remain in the sector.

02.08 / 21:15

Digital Amazon Aware Platform Align Govt expected to release e-commerce rules & policy in 2 weeks

New Delhi: The union commerce and industry ministry is expected to come out with the e-commerce rules and policy in the next two week or post the ongoing parliament session, two people aware of the development said after the ‘final’ stakeholder consultation held with union minister Piyush Goyal on Wednesday. The much-awaited e-commerce policy is widely expected to have provisions for the Open Network for Digital Commerce (ONDC) that seeks to democratize e-commerce in India by enabling buyers and sellers to transact through a single platform.

02.08 / 21:15

UPS Man Platform Entertainment film show voice showbiz Showbiz: Where are the women business leaders?

NEW DELHI : In 2018, ZEE5, the video-streaming platform owned by Zee Entertainment Enterprises Ltd, released a crime thriller called Rangbaaz. The show, set in rural India of the 1990s, chronicled the real-life story of a small-town boy who turned into a dreaded gangster. It derived much of its appeal from the macho protagonist, with guns and sleek stunts, and a plot reeking of testosterone.

02.08 / 19:07

COST UPS Aviat Airlines IndiGo Q1 profit soars to record

NEW DELHI : InterGlobe Aviation Ltd, the operator of India’s largest airline IndiGo, reported record quarterly profit and revenue on robust demand for air travel, lower fuel costs, and favourable foreign currency movement. Net profit rose to ₹3,090.6 crore in the quarter ended 30 June from a loss of ₹1,064.3 crore. Total income rose by 32% to ₹17,161 crore from a year earlier.

02.08 / 19:07

BLOCK Aware Platform Action Racing country cover GST law on online gaming from 1 October; review after 6 months

NEW DELHI : The Goods and Services Tax (GST) Council, in a divided decision, decided to amend central and state laws from 1 October to ensure that 28% GST is paid on the full value of amounts deposited by players for betting on online games, casinos, and horse races. However, redeployed winnings will be excluded from the indirect taxation. The new regime will be reviewed after six months of implementation, finance minister Nirmala Sitharaman said.

02.08 / 18:11

COST Target Progressive Manufacturing Action Align Govt set to auction 90 critical mineral mines

New Delhi: The central government is set to auction around 90 mines containing critical minerals, such as lithium, which had not been put under the hammer by states for almost four years, a senior government official said on Wednesday. The change in the auction process was initiated soon after the Rajya Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, earlier in the day.

02.08 / 17:43

Aware Airlines NOC performer track Portal Govt to launch e-CARe portal for seamless transfer of bodies of Indians abroad

New Delhi: The Central government will launch e-CARe (e-clearance for after life remains) portal on Thursday to facilitate fast transfer of mortal remains of Indian nationals who die abroad, Union Health Minister Mansukh Mandaviya said on Wednesday during a press briefing. The government will depute a nodal officers from Airport Health Organization who will be monitoring the portal 24x7.

02.08 / 17:43

COST UPS Provident Aware Veda country Suniel Shetty invests in mental health app

₹55 crore over the next two years in the app to offer accessible, inclusive mental health support to people and provide a solution to help end the stigma of mental health. The made-in-India app, Shetty said, will democratize mental health treatment in India and worldwide. “I have seen the dedication of Manun since he launched Veda and when he came up with the idea to launch an app to make it affordable and accessible to people, my first question to him was how can I help? This app is a significant step in supporting people with mental health tools and online therapy so they can thrive in all aspects of their lives.

02.08 / 17:13

NMC performer Inside Colleges Govt to pilot rank system at 8 medical colleges

NEW DELHI : The National Medical Commission (NMC) is finalizing the process of ranking private and government medical colleges. As part of the plan, the medical education regulator will be conducting a pilot in eight medical colleges across India, during which, officials from the NMC and the Quality Council of India will survey patients, students, teachers and conduct random inspections. After the pilot, an approved system of rating will be replicated countrywide.

02.08 / 16:13

NMC performer Inside Schools Ranking system for medical schools on the cards

02.08 / 16:13

Target Extreme band show track country end CPI may hit 6.2% by end of Q2, says Morgan Stanley

NEW DELHI : Morgan Stanley on Wednesday said it expects India’s retail inflation to leap to 6.2% at the end of the quarter ending September, against its previous forecast of 5.5%, due to higher prices of food. However, the consumer price index (CPI) is expected to moderate to 5-6% in the second half of FY24. The investment bank said despite its core inflation forecast for India remaining unchanged, it maintains the base case of a shallow rate cut cycle from Jan-March 2024.

02.08 / 16:13

Samsung country electronic India’s approach to trade remains too anachronistic

₹900 crore in incentives have been withheld by the Centre, “citing invoicing discrepancies", as Mint reported. A word commonly used to describe Indian trade and economic policy is ‘insularity’.

02.08 / 16:13

UPS Extreme Action DAL country Stop hate speech, violence at Nuh protests, says SC

NEW DELHI : There should be no hate speech or violence at a series of protests planned by the Vishwa Hindu Parishad (VHP) in Delhi and the national capital region (NCR) to protest against the sectarian violence over the past few days in Haryana’s Nuh district, the Supreme Court told the Centre, Haryana, Uttar Pradesh and Delhi on Wednesday. It was responding to an urgent application fby one Shaheen Adbullah in a pending matter, also filed by him, to curb instances of hate speech across the country.

02.08 / 15:43

Citizens Aware Airlines NOC performer Indian Portal Govt to launch e-CARe portal for seamless transfer of mortal remains of Indian citizens from aboard

New Delhi: The Central government will launch e-CARe (e-clearance for after life remains) portal on Thursday to facilitate fast transfer of mortal remains of Indian nationals who pass away abroad, Union Health Minister Mansukh Mandaviya said on Wednesday during a press briefing. The government will depute a nodal officer from Airport Health Organization to monitor the portal 24x7 and scrutinize and give fast-track approvals.

02.08 / 15:43

UPS Provident COMPOSITE Highways exclusive Bills on Jan Vishwas, mines and minerals, forest conservation passed in Rajya Sabha

New Delhi: The Rajya Sabha on Wednesday passed the Jan Vishwas (Amendment of Provisions) Bill, Mines and Minerals (Development and Regulation) Amendment Bill, and the Forest (Conservation) Amendment Bill, days after they were passed in the Lok Sabha, thus completing the legislative process and paving the way for the bills to become laws. The Jan Vishwas (Amendment of Provisions) Bill, 2023, proposes to decriminalise 183 provisions in 42 Central Acts administered by 19 ministries and departments, giving further boost to ease of living and ease of doing business.

02.08 / 13:49

country Forty eight Gati Shakti multi-modal cargo terminals commissioned till 30 June

New Delhi: In a major boost to the country’s transportation infrastructure, the government announced the commissioning of 48 Gati Shakti Multi-modal Cargo Terminals (GCTs) as of 30 June 2023. In a written reply to a question in Lok Sabha, Union railways minister Ashwini Vaishnaw said, “Upto 30th June, 2023, a total of 48 GCTS have been commissioned across the country, which include 05 GCTs (i.e.

02.08 / 13:49

UPS Provident FIVE Extreme Highways country Rajya Sabha passes Forest Conservation (Amendment) Bill

New Delhi: The Rajya Sabha on Wednesday passed the Forest (Conservation) Amendment Bill, which will exempt land within 100 km of the country's border, that is needed for national security projects, small roadside amenities, and public roads leading to habitation, from the purview of the forest conservation laws. It also exempts land up to 10 ha, proposed to be used for constructing security-related infrastructure, or the land proposed to be used for constructing defence-related projects, camps for paramilitary forces, or public utility projects as specified by the central government not exceeding five hectares in left-wing extremism affected area, from conservation laws.

02.08 / 13:49

UPS Provident Platform awards cover Centre Centre launches Vivad se Vishwas 2.0 scheme to settle contractual disputes

New Delhi: To provide a much-needed impetus to the resolution of contractual disputes involving the government and government undertakings, the Department of Expenditure, Ministry of Finance, launched the “Vivad se Vishwas 2" scheme on Wednesday. The move is aimed at promoting ease of doing business and will cover disputes up to 30 September 2022. Finance minister Nirmala Sitharaman had announced in the budget that in order to settle contractual disputes involving the government and government undertakings, where an arbitral award is under legal challenge, a voluntary settlement scheme with standardized terms will be introduced.

02.08 / 12:53

VISA country foreign Centre Centre introduces Ayush visa category for foreign nationals seeking medical treatment in India

New Delhi: To promote India as a destination for traditional medical treatments, the ministry of home affairs has announced the introduction of Ayush (AY) visa. The visa is aimed at facilitating travel for foreign nationals seeking treatment under Ayush systems/traditional systems of medicine, including therapeutic care, wellness, and yoga.

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