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Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed more than a thousand homes and other structures in 2017

government is looking at ways to give a big push to its Bharat staples brand, under which it sells atta, rice and pulses in the retail market at subsidised rates, ahead of the general elections in April-May. «The plan is to carpet bomb Bharat brand products in every assembly constituency before the elections,» said a senior official aware of the government's plan, adding that the mandate is to take it to as many consumers as possible. The three agencies — Kendriya Bhandar, National Agricultural Cooperative Marketing Federation of India (NAFED) and National Cooperative Consumers' Federation of India (NCCF) — through which the Bharat products are sold have been asked to sell 300,000-400,000 metric tonnes of rice and atta every month, said the people cited above. Equal emphasis has to be given to pulses also, they added.

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One of the biggest potential problems Thomas West foresees for the future of the RIA space is organic growth.

Small and mid-sized funds have seen high inflows, causing concern among authorities about how they would hold up in the event of a sharp market selloff. The Securities & Exchange Board of India (SEBI) has also been reviewing stress tests conducted by such funds, sources have previously said.

Congress in Karnataka and BJP have locked horns over UK professor Nitasha Kaul being denied entry into India for the state-organised conference on the Constitution over the last weekend. The ruling Congress has hit out at the BJP, calling the incident yet another example of how the Centre restricts both individual and state rights. “It is a stark reminder of the multiple challenges to the constitutional idea of India. All patriotic Indians must reflect on these threats and unite to reclaim our Constitution,” Social Welfare Minister H C Mahadevappa said on Monday. The Karnataka government, he added, had every right to host a programme on Constitution awareness and invite an expert to speak at the convention. Industries Minister MB Patil said the incident showed what type of democracy there was in India. “This is not a good thing for our country because in our country Baba Saheb Ambedkar has given a world class Constitution where everyone’s views are respected. There is a freedom to talk,” he said.

artificial intelligence (GenAI) projects are expected to go live this year, helping clients drive greater value from the technology, Harrick Vin, chief technology officer, Tata Consultancy Services (TCS), told ET. “We are currently engaged in over 250 different projects in various categories, but they are all mainly in assist and augment categories,” said Vin, who took over the role in July.

Coca-Cola Co's global chairman and chief executive officer, James Quincey, will head a 220-member company leadership team on a potentially big-impact visit to India this week, executives aware of the plans told ET, pointing to New Delhi's rapidly ascending importance for the Atlanta-based beverage firm that is striving to drive sales in mature markets such as the US and Europe. India, the world's most populous and youngest country, is a top-five volume growth priority market for the maker of Coke and Sprite aerated drinks, Minute Maid juice and Kinley bottled water. «The executives are keen on meeting the government brass,» said one of the executives cited above. «They will also be engaging with bottling partners that now operate close to half of Coca-Cola's bottling business in India — and are crucial since they will infuse capital into the business.»

World Protein Day 2024: World Protein Day is observed every year on February 27. This day is celebrated to draw people’s attention and create awareness on the health benefits of protein in our diets and to promote nutritional security worldwide. Protein can be consumed through different sources of plants and animals.

New Delhi: Russia’s top luxury hotels, once managed by Ritz Carlton, Four Seasons and Park Hyatt, are looking at leading Indian hospitality firms to run these properties, after the international brands checked out of the country following its invasion of Ukraine. Russian officials have sounded out Tata group’s Indian Hotels Co. Ltd (IHCL), which operates Taj luxury hotels; and East India Hotels (EIH), which operates The Oberoi hotels, a person aware of the matter said on condition of anonymity.

that its Arkansas distribution center shipped FDA-regulated products to more than 400 Family Dollar stores in Alabama, Missouri, Mississippi, Louisiana, Arkansas, and Tennessee. According to the plea agreement, the company began receiving reports in August 2020 of mouse and pest issues with deliveries to stores.

A recent study conducted by MassMutual has unveiled a worrying gap in knowledge about Social Security benefits among Americans approaching retirement.

out-of-pocket expenditure (OOPE) on healthcare has been a significant worry for Indians. According to a 2022 WHO report, high OOPE on health impoverishes some 55 million Indians annually, with over 17% households incurring catastrophic levels of health expenditures every year. This high cost has serious cascading impacts, reveals a new Aiims report.

Drugs Controller General of India (DCGI) has asked importers of cosmetics to provide information on consignments coming into the country, as it looks to prevent sale of unregulated and fake products, according to people aware of the development. The regulator has sought information on the number of consignments, their bills, the quantity imported, and cost of imported cosmetics, among other details. The importers ET spoke with confirmed receiving the DCGI's notice. Earlier, the DCGI had issued show-cause notices to ecommerce portals for the selling and distribution of spurious, adulterated cosmetics and cosmetics manufactured without valid licence in contravention of the Drugs and Cosmetics Act, 1940. «The Cosmetics Rules, 2020 have been notified on 15.12.2020 by the government of lndia under the Drugs and Cosmetics Act, 1940 (23 of 1940),» it said in the notice dated February 23.

GIFT City have reached out to the Reserve Bank of India (RBI) for consultations in setting up a dollar payment system mechanism that aims to bring about greater efficiency in transactions conducted in the US currency, sources aware of the developments told ET. «There are initial discussions about this matter because at present when a dollar transaction happens from one bank's nostro account abroad, it takes several hours for a subsidiary in GIFT City to receive the dollars,» one of the sources said. A potentially new dollar payment system could be akin to the existing Real-Time Gross Settlement System (RTGS), said the source.

unlimited graphic design space is all about. Graphically is one such creative services company that provides customers globally with unlimited customized graphic and illustration designs at one flat rate. Graphically, it is all about changing the space of unlimited graphic design.

Personal hygiene and wellness brand Pee Safe has partnered with the Indian Navy and Navy Welfare and Wellness Association (NWWA) to offer products for women hygiene to the serving women personnel. This collaboration is part of the Memorandum of Understanding that was signed by the Indian Navy and NWWA with Pee Safe as part of the former’s wellness initiative for ‘Women in White.’ On the occasion of the 38th NWWA Diwas, Pee Safe kits were presented to all women officers and Agniveers posted in Delhi and the same is planned to be distributed in all commands.

Election Commission on Monday roped in banks and post offices to spread voter awareness as part of its efforts to increase voting percentage in the upcoming Lok Sabha polls. The poll panel has often expressed concern over urban and youth apathy with many registered voters not turning up at the polling stations to cast ballot in the previous elections. Over 30 crore of the 91 crore electors did not cast their ballot in the previous parliamentary polls. The Election Commission (EC) on Monday signed a memorandum of understanding (MoU) with two prominent organisations — the Indian Banks' Association (IBA) and the Department of Posts (DoP) — to amplify its voter outreach and awareness efforts ahead of the Lok Sabha elections.

Adani group is planning to foray into the cab service space with electric vehicles in partnership with Uber, multiple people aware of the negotiations told ET. Billionaire Gautam Adani and Uber CEO Dara Khosrowshahi last week discussed the strategic alliance whereby Adani Group is looking to become a fleet operator by purchasing and listing hundreds of electric four-wheelers on Uber, the sources said.

By Nitin Kumar

Equity linked savings scheme (ELSS) mutual funds come with a three-year lock in period and give equity exposure while offering tax benefits, at the same time, to investors. Under section 80C of the Income Tax Act, investors are entitled to claim income tax exemption of up to ₹1,50,000 against the investment made in ELSS funds. “Investors with moderate to high-risk appetite are encouraged to consider ELSS as a viable investment option since it not only helps them save income tax, but also facilitates wealth creation," says Deepak Aggarwal, a Delhi-based chartered accountant.