County Centre Financial News

Delhi. Not so much because of the rain, but because it has caused residents to drown to death, from those attempting to walk through flooded roads to unfortunate IAS candidates caught off guard by a sudden flood in their coaching center's basement library. In fact, new waterlogging zones have recently emerged in almost every part of the city, from Zakhira in West Delhi to Satya Niketan off Dhaula Kuan to the SPA-Kotla road axis to the posh Golf Links Road and Lutyens bungalows, which found themselves in nearly knee-deep water this rainy season. The looming question is whether this is due to the high rainfall levels alone, or if it is a man-made disaster unfolding in the capital, exacerbated by the AAP government's decade-long political slugfest with the Centre?

Isro) on Friday successfully launched an earth observation satellite (EOS) carrying payloads featuring new technology developments in satellite mainframe systems on board a Small Satellite Launch Vehicle (SSLV) from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The SSLV will be transferred to private industry eventually. “The third developmental flight of SSLV is successful,” Isro said in a post on X. “The SSLV-D3 placed EOS-08 precisely into the orbit. This marks the successful completion of ISRO/DOS's SSLV Development Project. With technology transfer, the Indian industry and NSIL will now produce SSLV for commercial missions.”

UnTrade, a new automated crypto investing platform, is getting ready to show its AI-optimized trading algorithms at Money Expo Mumbai 2024. The event will be on August 17-18 at the Jio World Convention Centre. UnTrade will demonstrate how investors can use advanced algorithms to possibly make big profits.

Delhi High Court seeking the re-framing of guidelines for coaching institutes, with a particular focus on criminal liability. The PIL calls for stricter regulations and accountability measures to address issues such as fraud, exploitation, and safety concerns within these institutions. The petition requests the court to mandate that the Centre and Delhi Government establish specific rules and regulations for the operation of paying guest accommodations for students, both in Delhi and nationwide, ensuring that these accommodations are safe, regulated, and suitable for students. The plea also advocates for the development of an education system focused on the holistic development and refinement of students' minds, rather than solely preparing them for entrance examinations. The objective is to shift the emphasis towards broader educational goals and personal growth.

Bangladesh President Mohammed Shahabuddin dissolved Parliament on Tuesday to make way for the formation of an interim administration and released former prime minister Khaleda Zia from detention, a day after Sheikh Hasina resigned as PM and fled the country amid escalating protests and civil unrest. Negotiations on composition of the interim administration continued through the day, even as law-and-order situation deteriorated, with attacks on minorities and Indian assets, including the Indira Gandhi Cultural Centre in Dhaka, according to people familiar with the matter. The police, facing wrath of protesters-dozens of whom were reportedly killed in firing in recent weeks-issued an apology and declared an indefinite strike. 'US revokes Hasina visa, UK refuses asylum'

Supreme Court on Monday took suo motu cognisance of the deaths of three civil services aspirants in the basement of a coaching centre here and sought responses from the Centre and the Delhi government. A bench of Justices Surya Kant and Ujjal Bhuyan said the recent incident in the national capital was an eye-opener for all. «These places (coaching centres) have become death chambers. Coaching institutes can operate online unless there is full compliance of the safety norms and basic norms for a dignified life. Coaching centres are playing with the lives of aspirants who come from different parts of the country,» the bench said. On Friday, the Delhi High Court transferred the probe into the deaths of the three students at Rau's IAS Study Circle in Old Rajinder Nagar from the city police to the Central Bureau of Investigation (CBI) «to ensure the public has no doubt over the investigation».

Rajya Sabha by the government to a question on the MGNREGS, TMC MP Derek O'Brien on Sunday claimed the BJP-led Centre in its response has «finally» accepted that West Bengal has been given «zero» funds under the 100-day rural employment guarantee scheme. The TMC and its Lok Sabha MP Abhishek Banerjee have been demanding a white paper on the scheme to prove what the Centre had paid to West Bengal since the BJP's loss in the 2021 state assembly polls, Rajya Sabha member O'Brien said in a post on X. «Finally! Modi govt admits inside Parliament that Bengal's been given zero for MNREGA funds,» O'Brien said in a post on X, sharing the July 26 reply that gave state and UT-wise data of the last five financial years on the number of households that have completed 100 days of employment under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In West Bengal, the number of households that completed 100 days of wage employment was «zero» in 2023-24, according to the written reply given by Union Minister of State for Rural Development Kamlesh Paswan in the Upper House of Parliament.

Mizoram Chief Minister Lalduhoma met Minister of DoNER Jyotiraditya Scindia and discussed enhancing the yield of oil palm farmers per hectare. They met in New Delhi they discussed enhancing the yield of oil palm farmers per hectare by addressing their needs and establishing a Samadhan Centre in Mizoram.

Delhi Rains LIVE: Heavy rainfall lashed national capital Delhi on Wednesday. The Indian Meteorological Department (IMD) issued advisory, urging Delhi residents to avoid going out until necessary.

New Delhi: The Energy and Resources Institute (TERI)organized a photo exhibition titled "Coal Dependence: Lives in an Extractive Economy" at its headquarters at the Indian Habitat Centre on July 25 and 26.Thetwo-day exhibition was part of a project “Just Transition: Understanding and the Implications of Moving Away from Coal", supported by the MacArthur Foundation.The exhibition strove to illuminate the lives of communities that are intricately connected to the coal economy, which is at the heart of the just energy transition debate.Through a series of compelling photographs, the exhibition examined the everyday realities of individuals engaged in selling, extracting, and transporting coal which happens in the absence of alternate lucrative means of income. These images highlighted the vulnerabilities faced by these communities as we aspire to transition towards cleaner energy sources.The photo exhibition was inaugurated by Dr Vibha Dhawan, Director-General, TERI, and attended by Mr Ajay Shankar and Mr Jiwesh Nandan, Distinguished Fellows at TERI.

Qatar is progressing towards establishing a crypto framework, which will legally recognize digital assets as part of its strategy to bolster the country’s digital economy.

NITI Aayog and claimed that the apex public policy think tank chaired by Prime Minister Narendra Modi has proposed the privatisation of all public sectors.

Rajasthan government will provide reservation for Agniveers in the recruitment of jail and forest guards and state police, Chief Minister Bhajanlal Sharma has said. A statement from the Chief Minister's Office on Saturday said Sharma made a big announcement for Agniveers on the occasion of Kargil Vijay Diwas (July 26).

hotels in Bihar and Odisha after budget proposals sought to help boost tourism in the two eastern states, industry insiders said. Organised branded hotel supply in the two states is currently limited.

legislative assembly of Bihar, a state which has been at the centre of yet another paper leak controversy, on Wednesday passed a bill aimed at curbing leaks of question papers of competitive and recruitment examinations.

Under pressure from the disappointment in the Lok Sabha polls, the government got a massive boost for its 2024-25 budget in the form of a windfall dividend transfer by the Reserve Bank of India (RBI). With help from that revenue gain, the Centre chose to focus on cutting the fiscal deficit, and offer some tax relief to boost consumption, but only with a marginal increase in revenue expenditure. Did the budget manage to fire on all cylinders, or did it just showcase policy continuity? Mint breaks it down: After an unexpected loss of majority in the elections, the temptation to deliver a pro-welfare or a populist Budget could have run high for the ruling party.

Treasury Bills in the Budget. With the reduced supply of sovereign Treasury Bills seen bringing down their yields, cost of borrowing for firms is correspondingly set to fall as rates on debt instruments such as certificates of deposits and commercial papers are benchmarked to the government’s T-bills.

YSRCP) will bring the issue of post-poll violence in Andhra Pradesh to Delhi this week. The Opposition party, which was recently routed in Assembly and Lok Sabha elections in Andhra Pradesh, has accused the ruling Telugu Desam Party (TDP) of targeting YSRCP cadres and elected representatives – a charge that TDP has refuted. Former chief minister and YSRCP chief Y S Jagan Mohan Reddy will be in the capital on Tuesday and has sought time with President Draupadi Murmu, Prime Minister Narendra Modi and home minister Amit Shah. On Wednesday, Reddy will hold a protest against the violence with his party MPs, MLAs and corporators. YSRCP has invited all political parties, including Congress and BJP, to come out in support. The party will also hold an exhibition of photographs and videos of people affected by violence at India International Centre (IIC). Speaking to ET, YSRCP’s Rajya Sabha MP V Vijaysai Reddy said, “There is a complete breakdown of law and order in the state. It is a fit case for imposition of President’s rule. There have been 1,050 assaults, 31 murders and 300 attempted murders including the brutal murder of YSRCP youth worker in the state over the last 45 days of TDP-Jana Sena government’s rule.” The protest follows a brutal incident where a YSRCP youth wing worker was brutally hacked to death in Vinukonda.

Airbus is set to expand its Safety Promotion Centres (SPC) to China, the USA, Germany, and the United Kingdom, added Nicolas Bardou, the product safety communications and aircraft accident crisis response advisor, during a discussion with ANI. The Safety Promotion Centre is a specialized facility focused on enhancing safety within the aviation industry. The SPC was introduced in 2023 as a strategic initiative to disseminate safety controls. Notably, in India, Airbus operates a satellite SPC located in Bangalore, furthering its global safety outreach.

pro-Palestine and pro-Hezbollah slogans and flags during a Muharram procession in Srinagar on Monday. The case has been registered at Kothibagh Police Station in Srinagar under sections 223 and 152 of BNS and 13 of UAPA against unknown persons. «This is an open FIR and the investigation will establish who all were involved in this,» said an official.