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Amazon India has launched a new vertical called Bazaar featuring low-priced, unbranded fashion and lifestyle products. The segment went live on Amazon India’s Android app. To a select cohort of users, it's being placed prominently on the app, people aware of the plan said.

Irdai) is increasing its scrutiny of venture-funded startups that are aiming to become insurance companies, following the spate of financial irregularities at several new-economy firms, people aware of the matter said. To begin with, companies seeking a licence are required to liquidate any holding company structures and instead accept investor funding directly in the entity that is submitting the application, they added.

Hero MotoCorp, Bajaj Auto, TVS, Ather Energy, Ola Electric Mobility, and Kinetic Green have received approvals to sell two-wheelers and claim subsidy under the newly unveiled Electric Mobility Promotion Scheme (EMPS), 2024. According to government officials aware of the development, these prospective subsidies can be claimed for sales made in the upcoming four months. The move is aimed at addressing any industry concerns about financial support going away after the second leg of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME II) scheme that lapsed on March 31, 2024.

Prostate cancer cases worldwide are projected to more than double and deaths to increase by 85 per cent between 2020 and 2040, with low- and middle-income countries (LMICs) likely to bear the «overwhelming brunt» of this spike, according to The Lancet Commission on prostate cancer. The surge in cases is «inevitable», with actual numbers likely to be much higher because of under-diagnosis and missed opportunities for data collection in LMICs, researchers said. They said ageing populations and improving life expectancy will lead to more cases of prostate cancer in older men, and given than being 50 years or older is a risk factor, lifestyle changes and public health interventions may not be able to prevent the upcoming surge. «As more and more men around the world live to middle and old age, there will be an inevitable rise in the number of prostate cancer cases. We know this surge in cases is coming, so we need to start planning and take action now,» said lead author of the Commission, Nick James, professor of prostate and bladder cancer research at The Institute of Cancer Research, London, UK.

Defence Staff (CDS), General Anil Chauhan, delivered a significant address to future leaders of the armed forces at the Defence Services Staff College in Wellington, Tamil Nadu. He emphasized the critical need for military leaders to adapt to the evolving character of warfare, underlining the importance of «inter-services synergy.» General Chauhan highlighted the need for military leaders to adapt to the «changing character of war» and underscored the importance of «inter-services synergy» During his visit, General Chauhan was briefed by the Commandant on the ongoing training activities at the college, with a focus on fostering jointmanship and inter-services awareness. He also discussed the transformative reforms implemented in the Indian military in response to emerging security challenges.

Lok Sabha elections. Navrattan Group founder Himansh Verma, recognizing the crucial role of democracy in shaping the nation's future, appealed to voters to actively engage in the electoral process. Verma emphasized the significance of electoral participation in bolstering India's democratic framework. He stressed the role of elected representatives in formulating policies that drive economic growth, foster innovation, and tackle societal issues. Moreover, he highlighted the importance of voters critically assessing the agendas and commitments presented by political parties and candidates. Verma encouraged voters to prioritize concerns such as job creation, economic stability, social equity, and environmental preservation when making their electoral decisions.

Indian Army has initiated the induction of control and reporting systems under 'Project Akashteer' to bolster its air defense capabilities. This project aims to deliver an unprecedented level of situational awareness and control for the force to ensure the safety of friendly aircraft and engage hostile aircraft in contested airspace. The deployment of 'Akashteer' began with the flagging off of the first batch of control centers from BEL-Ghaziabad. Developed by Bharat Electronics Limited (BEL) as part of the 'Atmanirbhar Bharat' initiative, this project is poised to significantly enhance the operational efficiency and integration of the Army's air defense mechanisms. 'Project Akashteer' is a cutting-edge initiative designed to automate air defense control and reporting processes by digitizing them. By integrating radar and communication systems at all levels into a unified network, 'Akashteer' aims to deliver an unprecedented level of situational awareness and control.

Lok Sabha elections, it appears that the country's youngest eligible voters are displaying a concerning lack of interest in participating in the democratic process. Recent data reveals that fewer than 40% of 18- and 19-year-olds across the nation have registered to vote, with certain states like Bihar, Delhi, and Uttar Pradesh recording enrollment rates of less than a quarter, a TOI report stated. According to statistics released by the Election Commission after the announcement of poll dates, only a little over 1.8 crore new voters in the 18- and 19-year-old bracket have been included in the electoral rolls. This figure is considerably lower than the projected population size of this demographic, which stands at just under 4.9 crore. In essence, merely 38% of these first-time voters have successfully registered. Although there is a possibility of this number increasing as various stakeholders intensify their efforts to encourage registration, the current scenario raises questions about the extent to which such initiatives can effectively address the issue. Telangana emerges as a notable exception, with over 8 lakh 18- and 19-year-olds enrolled to vote, constituting approximately 66.7% of its projected population within this age group. Conversely, Bihar, known for its youthful population, reports dismal figures, with only 9.3 lakh enrolled out of a potential 54 lakh (17%). Similar trends are observed in other states like Delhi, Uttar Pradesh, and Maharashtra, where enrollment rates remain notably low.

Congress manifesto, raising questions about the seriousness and authenticity of the document. BJP spokesperson Sudhanshu Trivedi highlighted the incongruity, stating, «Recently the social media chairperson said she was not aware who was handling her social media account. At least the party should know who was making their manifesto at least.» Trivedi emphasized that one of the images used in the Environment section of the manifesto was traced back to Thailand, which he claimed to be a favorite destination of Rahul Gandhi, a prominent figure within the Congress party.

Anurag Thakur said the Centre has set a target to make India 'Viksit Bharat' by 2047 and slammed the previous UPA government over corruption and scams. Addressing IT professionals here on Thursday, he said, "… IT stands for 'India Tomorrow' and what is the target for India tomorrow? The target is to develop India into Viksit Bharat by 2047." Taking a dig at the Congress, the Union Minister said, «Can you imagine 10 years back our countrymen were finding it even difficult to think about freeing themselves from the clutches of corrupt Congress party and its alliance partners where one after another scam took place.» Referring to the various scams during the UPA regime, he said because we have a short memory, sometimes we forget especially those aged between 18 and 22, they were only eight and 10 years old then. «They are not aware of 2G scam or CWG scam… They didn't know about AgustaWestland, Coal scam and all that...»

'We lost almost everything': Indians recall horror during Taiwan earthquake Furthermore, 660 people have been stranded due to road damage and 1,067 have been injured severely. Notably, strict building regulations and widespread public disaster awareness appear to have staved off a major catastrophe on the island. Will Taiwan's earthquake create another chip shortage? Here's all to know Prime Minister Narendra Modi on the X platform wrote that India stands in solidarity with the people of Taiwan.

While investors might pick advisors based on their own financial needs and alignment of values, advisors who align themselves with larger wealth firms may have an edge in attracting affluent clients.

Geoffrey G. Jones is the Isidor Straus Professor of Business History at Harvard Business School. Speaking to Srijana Mitra Das, he discusses the evolution of socially responsible companies: Q. In your book ‘Deeply Responsible Business’, what factors shaped values-driven leadership? A.

₹20,000 crore from the markets through a follow-on public offer (FPO) likely as early as next week, said three people aware of the discussions the cash-strapped company was having with banks. It is learnt to have appointed Axis Bank, Jeffries Group and State Bank of India as lead bankers for managing the share sale. Two of the people cited above said that a price band may be decided by early next week, which is likely to be at a discount to the current price.

Tesla has begun production of right-hand drive cars at its plant in Germany for export to India later this year, three people aware of the company's plans told Reuters, as it moves ahead with a possible entry into the world's third-largest car market. A team from Tesla is expected to visit India later this month to look at sites for a local car manufacturing plant that would require an investment of about $2 billion, said two of the three people, who declined to be named because the plans are not public yet. India last month slashed the import tax rate on certain electric vehicles if their makers invest at least $500 million in the country and start production there within three years. The move is a win for Tesla, which had lobbied for months for lower taxes, but faced resistance from local carmakers.

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Rahul Gandhi recently filed his nomination papers from Wayanad in Kerala, the constituency he represents in the lower house of Parliament. Among several disclosures, he also disclosed his total assets amounting to ₹20 crore. He has ₹9.24 crore in movable assets, out of which ₹55,000 in cash, ₹26.25 lakh in bank deposits, ₹4.33 crore in bonds and shares, ₹3.81 crore in mutual funds, ₹15.21 lakh in gold bonds and ₹4.20 lakh in jewellery.

defaulting on loan repayment from being considered a criminal offense, except in cases of fraud, breach of trust, or as specified by the law. He further explained that when a borrower consistently misses EMI payments, the lender has the authority to systematically inform them. Typically, banks or financial institutions are required to give the borrower reasonable notice to fulfill their payment obligation.

Reliance Industries (RIL), Tata Motors and Indian Oil Corporation (IOC) will be the key bidders for the government's pilot project for the use of green/grey hydrogen (H2) in the transport sector, according to people who are aware of the development. The initiative is in line with the government's aim to decarbonise the economy, reduce dependence on fossil fuel imports, and enable India to assume technology and market leadership in green hydrogen. «The pilot projects will help to identify operational issues (with regards to H2) and gaps in terms of current technology readiness, regulations, implementation methodologies, infrastructure, and supply chains,» stated the revised request for proposal (RFP) document reviewed by ET. The bid for the Rs 496-crore project which opened in February, closes on Thursday. It is part of the National Green Hydrogen Mission which was launched in January 2023 with an outlay of Rs 19,744 crore. One of the key criteria from the bidders is participation as a consortium or partners to ensure the entire value chain — from making hydrogen and dispensing it and running vehicles fuelled by hydrogen. The bidding consortium should include a vehicle manufacturer, hydrogen fuel supplier distributor, and other partners as required.

Mallikarjun Kharge on Wednesday launched the party's 'Ghar Ghar Guarantee' programme under which the party functionaries would reach out to 80 million households and make them aware of its five sets of promises with 25 guarantees that the party has vowed to implement if voted to power. Ahead of the Lok Sabha elections, Congress chose Usmanpur, Kaithwara area in the North East Delhi parliamentary constituency, one of the three constituencies that the party would be contesting in the national capital this time, for the launch of the campaign. Kharge and other party members also distributed pamphlets about the details of the five sets of Congress promises that have already been announced by the party during the course of Rahul Gandhi's 'Bharat Jodo Nyay Yatra' that concluded in Mumbai recently.

The compliance function in banks is the nerve-centre that performs a vital role in preserving organizational resilience and stability. Equate it to our cardiovascular system. Just as a weak heart can debilitate the body, even result in a sudden demise, so can inept and deficient compliance take a toll on a bank’s health, with serious implications for the entity as well as the financial sector.