India Financial News

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Puja Khedkar from Indian Administrative Service with immediate effect, reported PTI quoting official sources. Khedkar has been accused of cheating and wrongly availing Other Backward Classes (OBC) and disability quota benefits to ensure her selection in the service. She has denied all allegations. The central government, vide order dated September 6, 2024, discharged Khedkar from the Indian Administrative Service under Rule 12 of IAS (Probation) Rules, 1954, with immediate effect, the sources said. The rules allow the central government to discharge probationers from service if they fail «to pass the re-examination...» or «if the central government is satisfied that the probationer was ineligible for recruitment to the Service or is unsuitable for being a member of the Service», among others.

At Oscar de la Renta, fashion shows are out and documentary films are in. After decades of runway shows in New York, the brand is trying something new. In August, the brand released a documentary, “A Sense of Beauty," following co-creative directors Laura Kim and Fernando Garcia as they complete their pre-fall 2024 collection.

External Affairs Minister S Jaishankar on Saturday highlighted India's readiness to collaborate with like-minded partners on focused agendas, citing the Quad as a prime example. Jaishankar made these remarks as he addressed the FPCI Global Town Hall 2024. Jaishankar also shared a post on X and wrote, «Addressing the @fpcindo Global Townhall 2024 session on 'Anticipating Greater Geopolitical Turbulence Ahead, and Finding Ways to Calm the Storm.'

Wrestling Federation of India President and Bharatiya Janata Party leader Brij Bhushan Sharan Singh on Saturday termed Congress leaders and wrestlers Vinesh Phogat and Bajran Punia «khalnayak» (villains). On September 6, the two ace wrestlers joined the Congress almost a month before the Haryana assembly polls. Brij Bhushan said, «Vo khalnayak hai Haryana ke. Visheshkar khildaiyo ke (They are villains of Haryana, especially to athletes).»

Chief of Defence Staff General Anil Chauhan on Saturday held extensive talks with Maldives' Chief of Defence Force Major General Ibrahim Hilmy, focusing on a reset of military ties that came under severe strain after President Mohamed Muizzu assumed office in November last. The talks between the two top military officials came a day after India and the Maldives held the fifth round of defence dialogue which decided to expedite implementation of the ongoing defence projects. Officials said the talks were aimed at furthering the bilateral defence cooperation, especially on measures to strengthen regional security and enhance bilateral training opportunities. It is understood that cooperation in the maritime security domain dominated the discussions.

FPIs) invested a total of Rs 9,642 crores in equity through exchanges and an additional Rs 1,388 crores in the 'primary market and others' category in early September. The FPIs showed strong interest in the Indian market, reflecting its resilience amid global uncertainties.

Pakistan Army Chief General Asim Munir accepted that it was involved in the 1999 Kargil War on Saturday, reported Pakistani news channel G News Network. Lt Gen (retd) Shahid Aziz, Musharraf, Nawaz Sharif had accepted involvement, but not when they were in office. Munir was speaking at an event on the occasion of Pakistan Army Day. He said that the Pakistani army had given tough fight to its enemies over the years. «Be it 1948, 1965, 1971 or 1999 Kargil Pakistan-India wars, thousands of Shuhadas have sacrificed their life for the country and nation,» he said, adding that sacrifices continued even today. Munir said that the Pakistani army was brave and knew the importance and the cost of independence

foreign exchange reserves of USD 680 billion, India has come a long a way since the time it had to pledge its gold to tide over a financial crisis, Vice-President Jagdeep Dhankhar said on Saturday. Dhankhar was speaking during the inauguration programme of Uttar Pradesh Sainik School in Gorakhpur. «Today's India presents a completely different picture than what was 10 years ago. There was a time when the same country, which was referred to as 'sone ki chidiya', had to pledge its gold in foreign banks. Back then, our foreign exchange was between USD 1 billion and USD 2 billion. Today, it is USD 680 billion. Look at the kind of progress we have made since,» he said. India's foreign exchange reserves jumped by USD 2.299 billion to a new high of USD 683.987 billion for the week ended on August 30.

Paris Paralympics. On Saturday morning, half of the Indian contingent made their return home after taking part in the Paris Paralympics. AvLekhara, Mona Agarwal, Pranav Soorma, Rakesh Kumar, and Manish Narwal are among others who touched down in Delhi. Fans outside the Delhi gathered in huge numbers and greeted the para-athletes by showering flower petals on them.

The Times of India, highlight the challenges women face when using ride-hailing services in the city. A 27-year-old professional recounted her ordeal, saying, “Three months ago, I was heading from Koramangala to Marathahalli around 10 pm. The driver complained about the traffic for over 15 minutes, and eventually asked me to get down unless I paid an additional Rs 50 to Rs 100, which I refused.” She further explained how the driver yelled continuously, forcing her to exit the auto. “It was already late, and I had to walk the rest of the way. I was scared the whole time,” she added. In a similar incident, Gowri, a 21-year-old student, booked an auto to a mall in Rajajinagar. “The driver took a long route, claiming there was traffic on the app-suggested way. He demanded more money and refused to leave until I paid double the fare,” she shared. Despite filing a complaint with the app, no action was taken.

Olympic Council of Asia General Assembly will take place at the Bharat Mandapam, Pragati Maidan in New Delhi on Sunday, September 8. On the occasion, former Indian shooter Randhir Singh will be officially named as the first Indian President of the Olympic Council of Asia in the presence of notable dignitaries including Minister of Youth Affairs and Sports, Mansukh Mandaviya, and top sports leaders from all 45 countries of Asia. Randhir Singh was unanimously elected by the OCA representatives for the top post when he emerged as the sole candidate contesting for the position earlier this year. The 77-year-old sporting legend hails from Patiala Punjab, and was born in a family of sportspersons. His uncle, Maharaja Yadavindra Singh, played Test cricket for India and was an IOC member. His father, also a first-class cricketer, Bhalindra Singh, was also an IOC Member between 1947 and 1992.

Public Provident Fund (PPF) is highly popular as a fixed income product because of its long-term guaranteed earnings and tax benefits. By contributing small amounts on a regular basis, the PPF scheme enables you to start saving and build a fund that aligns with your financial objectives.

Narendra Modi accompanied by his Singapore counterpart Lawrence Wong on Thursday visited a leading Singaporean semiconductor company and also signed an MoU on India-Singapore Semiconductor Ecosystem Partnership. Around the same time Maharashtra cabinet panel approved a $10-billion (₹83,947 crore) investment proposal by a joint venture between Israel's Tower Semiconductor and Adani Group to set up a semiconductor chip manufacturing unit at Taloja. A few days earlier, the Union Cabinet had approved setting up of an Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat by Kaynes Semicon with a Rs. 3,307 crore investment. The capacity of this unit will be 63 lakh chips per day. Now, ET has reported that the Indian Semiconductor Mission (ISM) is likely to receive a second budgetary allocation of up to $ 10 billion ISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and design capabilities was first established in 2022 with a budgetary allocation of $10 billion. The government will have to seek fresh funding under the ISM as it has almost exhausted the funds in the first phase which saw approvals of $11 billion, an official has told ET. Before nod to Kaynes and Tower-Adani plants, India had approved five chip plants: two by the Tata Group in Assam and Gujarat; and one each by Micron and CG Power in Gujarat and by RRP Electronics in Maharashtra.

Congress leader Pawan Khera slammed the Bharatiya Janata Party (BJP) on Saturday, saying that the BJP takes a stand for those who do wrong and that the Congress raises their voice against the wrong, following claims made by former Wrestling Federation of India president Brij Bhushan Sharan Singh that the wrestler's protest was politically motivated by the Congress. Speaking to ANI, Khera said, «Whoever does wrong, the BJP stands with them and they are with the BJP. Whoever is wronged, Congress fights for them and raises their voice and will raise it in the future too and that is why they also like Congress.» «Six players had filed an FIR against Brij Bhushan Sharan Singh. Have you seen what sections he was accused of? How dare he speak like this? We are proud that we stood, are standing and will stand with our daughters,» Khera added.

BJP spokesperson Pradeep Bhandari on Saturday reacted to former JK CM Omar Abdullah's remarks on Afzal Guru and said that his statement reflects mindset of INDIA alliance which is about backing the terrorists. Bhandari further praised PM Modi and his policies for Jammu and Kashmir and said that PM Modi has always a vision of development. BJP National Spokesperson Pradeep Bhandari said, «Prime Minister Narendra Modi's vision for Jammu and Kashmir has been a vision of development. It has been a vision which has ensured that there is no terror or terror is uprooted from the valley. On the other hand, the Congress party, Rahul Gandhi and Omar Abdullah, believe in giving soft support to terrorists. Omar Abdullah said that if it had been in his capacity, he would not have allowed Afzal Guru's hanging, a terrorist's hanging. This speaks volumes about the mindset of the INDI Alliance, which is about backing the terrorists. In the last 10 years, Jammu and Kashmir has witnessed no stone pelting incident and the terror in the valley has gone down. We are extremely confident that that the people of Jammu and Kashmir will choose a BJP-led government in order to continue to be on the path of development.»

India has sent around 2300 kg of medical aid to Chad, in response to a deadly fire incident in the African nation, the Ministry of External Affairs said on Saturday. The consignment departed from New Delhi today, contains essential life-saving antibiotics and general medicines. This underscores India's 'Vishwabandhu' approach, where it serves as a friend to the whole world.

Read more about other air purifiersin the kitchen and diningsection on the Top Trending Productspage. Read about the Best Dyson Air Purifiers in India below. 1. Dyson Air Purifier Big+Quiet Featuring HEPA H13 filter, the Dyson Air Purifier Big+Quiet is capable of capturing fine pollutants as small as 0.1 micron. It features a long-range air projection which ensures that even large rooms are effectively purified. It is also Dyson’s quietest purifier at 56 dBA ensuring a very quiet operation in your home. It also enables you to control it with your voice or app ensuring easy management with smart connectivity. Also, its hygienic filter replacement system allows for a simple and clean filter change. Special Features:

Ravi Teja fans! The star’s latest release, ‘Mr. Bachchan’ is gearing up for an OTT debut! According to a123 Telugu report, the action comedy is set to premiere on Netflix on September 12. The Ravi Teja-starrer was one of the most anticipated releases of 2024. However, the movie failed to make a mark at the box office. Its lifetime performance at the box office was abysmal. Ahead of the movie's premiere,OTT Play disclosed that the production team at People Media Factory secured a substantial Rs 33 crore deal by selling the streaming rights to Netflix, the highest amount ever for a Ravi Teja film. However, following the movie’s disappointing performance at the box office, Netflix opted to stream the action-packed drama within just a month of its theatrical release. «Mr. Bachchan» represents Ravi Teja's third consecutive failure at the box office. His two prior films, ‘Tiger Nageswara Rao’ and ‘Eagle’, also faced significant losses, marking them as major commercial flops.

Wockhardt has denied allegations regarding payment of rent by Carol Info Services and its connection with certain orders passed by SEBI in relation to the company. «In this regard, we categorically deny these allegations and state that these allegations are completely baseless and misleading,» Wockhardt said in a regulatory filing late Friday. It said the company has acted and continues to act in compliance with all applicable laws. On Friday, the Congress' media and publicity department head, Pawan Khera said that between 2018 and 2024, Madhabi Buch — as a whole-time member and later chairperson of Securities and Exchange Board of India (SEBI) — had been receiving rental income amounting to Rs 2.16 crore from Carol Info Services, a company affiliated to Wockhardt.