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21.09 / 07:59
Election President Universities RAI country Updates Delhi New CM Oath Ceremony 2024 Live Updates: Atishi to be sworn-in today, Mukesh Ahlawat a new face in Cabinet
Delhi New CM Oath Ceremony 2024 Live Updates: Aam Aadmi Party (AA) leader Atishi will take oath as the new Delhi Chief Minister at Raj Niwas around 4:30 pm on Saturday. Atishi will be the 17th woman chief minister in the country and the third woman Chief Minister of Delhi, after Sushma Swaraj and Sheila Dikshit.Five others will be sworn-in as ministers.
21.09 / 01:57
Citi Booking Metro electronic Features Interviews Sporting Amazon boosts investment in speed for faster deliveries across multiple products
Subscribe to enjoy similar stories. New Delhi: Online marketplace Amazon India will invest more in "speed" amid shifting preferences where consumers want everything from their soaps to pizzas delivered within hours, instead of days. “We deliver an assortment of 1 million products on the same day to Prime members and 4 million products the next day.
21.09 / 00:01
markets UPS Booking CEO Platform Apple Indians order Apple in 10 minutes. No, not the fruit
Apple clocked up to 25% higher sales of the iPhone 16 models on launch day compared with that of the iPhone 15 last year, with quick commerce platforms also getting into the act. But demand for the pricier Pro series surpassed supply. Several retail chains said availability of the costlier devices was at 20-25% of pre-bookings. Market tracker Counterpoint Research said based on early estimates, Day 1 sales of the iPhone 16 and 16 Plus were 20% higher than last year, while they were about 25% higher for the Pro models.
20.09 / 20:55
markets UPS Death wellness social Podcasts Traditional wisdom: How India’s repository of jnana is lying unread and unstudied
Ashtavakra Gita is not very well known; most Indians have heard of only one: the Bhagavad Gita, a part of the Mahabharata. Most don't know that there are some 60 Gitas in the Mahabharata, besides others that are not part of larger treatises. The Ashtavakra Gita is one of the most profound and yet most esoteric of those standalones, whose most recent English translation is, appropriately, by Bibek Debroy, who has also written about the Mahabharata's other Gitas. In New Delhi last week, Nirmala Sitharaman launched Life, Death and the Ashtavakra Gita by Bibek Debroy and Hindol Sengupta not as finance minister (as Debroy also did not translate it as chairman of the PM's Economic Advisory Council!) and «not even as Nirmala Sitharaman», as she put it. And the portions she read out from the ancient treatise, which is a conversation between Ashtavakra and King Janaka, explained her seemingly cryptic assertion. Chapter 5, Verse 4 of the Ashtavakra Gita, as translated by Debroy avers: «You are not the body. The body is not yours. You are not the enjoyer, or the doer. Your form is that of pure consciousness. You are the constant witness, indifferent. Roam around happy.» The gentle smile on Sitharaman's face indicated that she has indeed internalised this wisdom, perhaps because she had been already introduced to Ashtavakra Gita's wisdom as a child by her grandmother.
20.09 / 16:53
markets UPS Digital Trade RAI information India proposes retaliatory duties worth $1.1 bn against EU’s steel curbs
safeguard duties on its steel imports and has begun an exercise to firm up the list of items. “We are working on the products that would be subject to higher tariffs. These will mostly be steel products,” an official told ET. The two sides failed to reach an agreement on the concessions that the EU can offer India to mitigate the adverse impact of the safeguard duties it levies on some steel imports, which it extended by two years till 2026.
20.09 / 10:05
markets UPS Food country 2020 International Orkla India eyes public listing after completing restructuring
Subscribe to enjoy similar stories. NEW DELHI : The Indian arm of Norwegian investment company Orkla ASA, which sells spices and food products under the MTR Foods and Eastern Condiments brands in the country, is likely to complete its business restructuring in another 12 months before exploring a public listing, said a top executive. The company announced in October 2023 that its India businesses would be reorganized into one entity, Orkla India.
20.09 / 07:29
markets COST Provident Digital RAI India palm oil output to triple in 6 years as farmers plant more, says Agrovet exec
palm oil production is likely to triple in six years as the area under oil palm plantations increases and as plantations become mature for harvesting, a senior industry official said on Friday. The world's biggest edible oil importer relies on Indonesia, Malaysia and Thailand for palm oil supplies. An increase in production will help India slash edible oil imports that account for nearly two-thirds of its total consumption. India's palm oil production is likely to jump to 1.2 to 1.5 million metric tons by 2030-31 from the current 400,000 tons, as farmers have been expanding the area, said Sougata Niyogi, chief executive officer of the oil palm plantation division at India's biggest palm oil producer, Godrej Agrovet Ltd.
20.09 / 06:55
markets COST Manufacturing Mobile exclusive innovations Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive
Subscribe to enjoy similar stories. NEW DELHI : Tata Motors Ltd, India’s leading electric vehicle (EV) manufacturer, is engaging with the Centre to re-examine the e-taxi segment's exclusion from the ₹10,900 crore EV subsidy scheme approved by the cabinet on 11 September, two people close to the development said. The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE), marking the third phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) policy, leaves the e-taxi segment outside the purview of subsidies, even though it is a key form of shared mobility.
19.09 / 19:17
markets Provident Mobile Experts country recommendations International Telcos oppose 'service authorisation', see threat of regulatory uncertainty
NEW DELHI/KOLKATA: India’s top telecom operators decried the sector regulator’s suggestion that the government grant service authorisation to companies offering communication services instead of entering into a contractual agreement, warning that such a move would ring in regulatory uncertainty and undermine investor confidence. All three private carriers — Reliance Jio, Bharti Airtel and Vodafone Idea (Vi) — unanimously stated during a consultation process of the regulator that the current practice of contractual arrangement should continue as it provides regulatory certainty and predictability. But the Telecom Regulatory Authority of India (Trai) has not agreed to the demand of telcos.
19.09 / 17:19
Reuters Manufacturing Trade track reports International Speculative and misleading: MEA on media report saying ammunition from India entering Ukraine
India on Thursday described as «inaccurate» a media report that said artillery shells sold by Indian arms manufacturers have been diverted by European customers to Ukraine and New Delhi has not intervened to stop it. «We have seen the Reuters report. It is speculative and misleading. It implies violations by India, where none exist and hence, is inaccurate and mischievous,» Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said. He said India has an «impeccable» track record of compliance with international obligations on the export of military and dual-use items. «India has been carrying out its defence exports taking into account its international obligations on non-proliferation and based on its own robust legal and regulatory framework, which includes a holistic assessment of relevant criteria, including end-user obligations and certifications,» Jaiswal said.
19.09 / 13:41
markets Provident Enterprise country 2020 strain China welcomes more Indian investments, ambassador says
Indian investments and commodities in the Chinese market and also hopes that India will provide a «sound business environment» for Chinese firms in the country, Beijing's ambassador to India, Xu Feihong, said on Thursday. The comments signal a willingness from Beijing to forge deeper economic ties with New Delhi that have been strained since a deadly clash between their troops on a Himalayan frontier in 2020. India heightened scrutiny on Chinese investments after the clash and created new layers of red tape for Indian firms with Chinese stakeholders. But the Indian government is now looking to loosen some of these restrictions as its firms struggle to scale up manufacturing.
19.09 / 11:27
COST awards reports Department Courts International Law ministry seeks arbitration data of last 24 years from all ministries
Subscribe to enjoy similar stories. NEW DELHI : The Union law ministry has sought details of all arbitration proceedings involving the Centre over the last 24 years from all ministries as part of its efforts to streamline India’s arbitration system. In a communication reviewed by Mint, the ministry sought details like legal costs, number of advocates engaged for the government, arbitration results, and subsequent appeals starting from 2000.
19.09 / 06:01
markets Digital Bill Experts Universities Waqf Bill: JPC to hear suggestions from All India Muslim League, muslim boards and others in today's meeting
Joint Parliamentary Committee on Waqf Amendment Bill 2024 on Thursday commenced their meeting at the Parliament Library Building with the agenda of listening to suggestions by several muslim boards and experts. As per the new schedule, the meeting will now be held on September 19 and 20, 2024. A meeting of the Joint Parliamentary Committee on the Waqf (Amendment) Bill, 2024, was earlier scheduled for September 18, 19 and 20 at the Parliament House Annexe in the capital city of New Delhi. JPC to hear suggestions today: In the meeting, representatives from the Ministry of Minority Affairs will record oral evidence before the committee on the Waqf (Amendment) Bill, 2024.The Joint Parliamentary Committee will also hear the views or suggestions of some experts and stakeholders, such as Prof Faizan Mustafa, Vice Chancellor, Chanakya National Law University, Patna; Pasmanda Muslim Mahaaz and All Indian Muslim Personal Law Board, on the bill.
18.09 / 14:40
UPS Booking Racing show travelers Destinations Sporting Indian F1 fans are making a beeline for Singapore and Abu Dhabi
Skyscanner data in June showed that flight bookings for today — September 18 — jumped 189 per cent compared to the previous day, suggesting that Indian fans were eager to soak up the pre-race atmosphere in Singapore ahead of this weekend’s Singapore Grand Prix (September 22). Similarly, the platform also saw a 188 per cent jump in flight bookings for the Abu Dhabi Grand Prix in December. Skyscanner data also showed a surge in hotel bookings for the race weekends. “As sports fever intensifies in India, we’re witnessing a growing desire among fans to travel and experience global sporting events first-hand,” said Mohit Joshi, travel trends and destination expert at Skyscanner. “Our search volume data from July 14 to August 10 showed that the New Delhi – Singapore route has seen a 1,030 per cent increase in searches for travel in the month of September compared to the previous month [June 16 to July 13], coinciding with the Singapore Grand Prix.”
18.09 / 14:40
markets Digital Cooper Strategy wellness Trade President France backs IMEEC as key to India-Middle East-Europe trade connectivity
Gérard Mestrallet, French President Macron’s Special Envoy for the India-Middle East-Europe Economic Corridor (IMEEC), who was in India this week told ET’s Dipanjan Roy Chaudhury that President Emmanuel Macron has made this project a priority. Macron sees IMEEC as a way to enhance connectivity and foster integration between India, the Arabian Gulf and the European Union. Q: Can you share French perspective on IMEEC? A: France has been a staunch supporter of the IMEEC project from the outset.
18.09 / 07:55
UPS community Justice country Courts Interviews Section 498A: Centre may review the domestic violence law
Subscribe to enjoy similar stories. NEW DELHI : In what may result in the first review of the new Indian criminal codes, the Centre has started discussions on the misuse of Sections 85 and 86 of the Bharatiya Nyay Sanhita (BNS) that criminalize domestic violence against women by their husbands and in-laws, said Union law and justice minister Arjun Ram Meghwal in an interview. The development comes after the Supreme Court expressed concerns over the replication of Section 498A of the now-repealed Indian Penal Code in the BNS without adequate safeguards for husbands and their relatives against frivolous complaints.
18.09 / 01:55
markets UPS Manufacturing CEO Research country electronic Is Adani's semiconductor play a long-term game?
Subscribe to enjoy similar stories. New Delhi: The Adani group will manufacture microchips for its own businesses ranging from ports to power and mining, as well as for global and domestic customers at its proposed fabrication plant in Maharashtra, multiple officials aware of the plans said. The ports-to-cement conglomerate has tied up with Israel’s Tower Semiconductor to build the foundry in Maharashtra's Raigad district.
18.09 / 00:45
markets UPS Booking Extreme voice social Ola Electric builds new service team as complaints mount to 80,000 a month
Subscribe to enjoy similar stories. New Delhi: Ola Electric has assembled a new service team as the maker of battery-powered scooters grapples with a mounting pile-up of service complaints from customers. The Bengaluru-based company has been receiving nearly 80,000 complaints every month, according to two individuals with direct knowledge of the situation, and its service centres are struggling to keep pace.
17.09 / 06:53
markets Election Universities reports Schools Atishi's journey to the top: From an activist, advisor and AAP’s force to the new CM of Delhi
Atishi Marlena Singh. She emerged as a strong contender for leading the Aam Aadmi Party (AAP) government in the national capital and was also backed by Manish Sisodia. Arvind Kejriwal, party supremo and the Delhi CM, held a legislative meeting at his residence where it was decided to make Atishi his successor. The former IRS officer is also said to tender his resignation to the LG later. The appointment of new Chief Minister comes ahead of the elections in the national capital and after Kejriwal announced on Sunday that he would resign and would not resume the CM's post until the people of Delhi declared him «honest».
17.09 / 03:45
markets UPS Target economy wellness country Hostile takeovers of faltering firms are integral to a competitive economy
Subscribe to enjoy similar stories. The Competition Commission of India’s (CCI) recent easing of a company takeover rule marks a welcome shift in a country where hostile acquisitions have long been viewed with alarm. Under the CCI’s revised rule, companies will no longer need its approval to acquire up to 25% of a target’s shares in the secondary market before making a formal bid.
17.09 / 01:23
markets Manufacturing country travelers International Vaccines US-India partnership to solve global challenges, advance growth: DFC official
Nisha Biswal, the US International Development Finance Corporation's (DFC) Deputy Chief Executive Officer, during her travel to Mumbai and New Delhi from September 10-14, highlighted the DFC's partnership with India to advance key growth and development priorities and work with the nation to solve the world's most critical challenges, the release said. While in India, Biswal announced USD 70 million in new DFC investments to support affordable home loans in India and vaccine manufacturing, it added. She spoke at the US-India Business Council's (USIBC) India Ideas Summit about the DFC's strategic vision for driving long-term growth between both countries and the broader Indo-Pacific region.

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