Country Financial News
30.09 / 16:19
UPS
Citi
Manufacturing
country
Indian
Confederation of Indian Textile Industry elects Rakesh Mehra as chairman for 2 years
Textile Industry (CITI) on Friday has elected Rakesh Mehra as Chairman, Ashwin Chandran as Deputy Chairman and Dinesh Nolkha as Vice Chairman for two years- 2023-2025. The decision was made during the organisation’s 65th Annual General Meeting (AGM), held virtually. In a statement, the apex body of textile industry said that Dinesh Nolkha has been elected as the vice-chairman at the 65th annual general meeting. Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said. He expressed his commitment to fostering collaborative and inclusive initiatives for the overall growth of the textile sector. Reflecting on the industry’s recent challenges, outgoing Chairman T Rajkumar acknowledged the sector’s resilience, citing a 4.33% growth in the country’s cumulative exports of textiles and apparel in August compared to the previous year. India aims to clock $350 billion in apparel and textiles market size including $100 billion exports by 2030.
30.09 / 15:15
MET
Citizens
VISA
country
reports
‘Majboori thi’: Jaishankar on suspending visa for Canada amid diplomatic row over Nijjar killing
Khalistani extremist Hardeep Singh Nijjar in June in British Columbia's Surrey. What began as a tit-for-tat move in expelling diplomats from India and Canda aggravated to India suspending visa services for Canadian citizens on 21 September citing "security threats" faced by the Indian High Commission and consulates in Canada.
30.09 / 15:15
UPS
Reuters
economy
NIFTY
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country
Oil rises 30% in 3 months on Saudi Arabia, Russia output cuts; Brent stares at $100-mark
closer to $100 a barrel, many investors took profits on the rally given ongoing macroeconomic concerns. Crude prices going above $100 per barrel mark brings inflationary pressures on global economy and will compel central banks to raise interest rates all over again. Front-month Brent November futures settled down 7 cents to $95.31 per barrel at the contract's expiry, up about 2.2 per cent in the week and 27 per cent between July-September.
30.09 / 14:49
UPS
Citi
FIVE
Parke
RAI
country
UP government to auction land for data centres near Jewar airport
Jewar airport. These plots are part of a 100-acre data centre park planned by the state government-run Yamuna Expressway Industrial Development Authority (Yeida). The UP government aims to establish three data centre parks where it is expecting investments of Rs 20,000 crore. The one in Jewar is the first of these planned facilities. “The investment explosion across the Indian data centre market over the past few years has been long overdue.
30.09 / 14:49
Digital
CEO
Platform
WhatsApp
country
blues
reports
WhatsApp plans to replace green checkmark with blue one for verified channels
WhatsApp is reportedly planning to replace the green verification badge with a blue checkmark for verified channels on Android. According to WABetaInfo, the change will also apply to verified businesses.
30.09 / 13:37
Target
country
information
reports
Department
China says US is the true 'empire of lies'
BEIJING (Reuters) — The United States is the true «empire of lies», the Chinese foreign ministry said on Saturday, lashing out at a U.S. State Department report that accused Beijing of ploughing billions of dollars annually into information manipulation efforts.
30.09 / 13:35
UPS
country
information
India can face any natural disaster confidently with Killari quake management template: Sharad Pawar
administrative system to face any natural disaster in the country with confidence stemmed from the effective disaster management during the 1993 Killari earthquake in Maharashtra, NCP chief Sharad Pawar, who helmed the state at that time, said. Speaking at the 30th anniversary of the earthquake in Latur district, he also reminisced how resources were mobilised by the state government and the Centre for carrying out the huge rehabilitation work. A temblor of 6.2-6.3 magnitude struck several villages in Latur and Osmanabad districts in the wee hours of September 30, 1993, killing more than 8,000 people and injuring 16,000.
30.09 / 13:35
MET
FIVE
country
Department
India likely to experience normal to above-normal maximum temp in October: IMD
India are likely to record normal to above-normal maximum and above-normal minimum temperatures in October, the India Meteorological Department (IMD) said on Saturday. It said the northeast monsoon, which brings rainfall to five meteorological sub-divisions of south peninsular India — Tamil Nadu, coastal Andhra Pradesh, Rayalaseema, Kerala and south interior Karnataka — in the October to December period is most likely to be normal.
30.09 / 13:05
BLOCK
Citizens
Remark
performer
country
Govt has allocated Rs 100 cr for Aspirational Blocks Programme this fiscal: Official
Aspirational Blocks Programme (ABP), which aims to improve governance at the block level, in order to enhance the quality of life of citizens, a top government official said on Saturday. The Aspirational Blocks Programme is being implemented in 500 aspirational blocks across 329 districts in the country.
30.09 / 13:05
UPS
Extreme
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country
Department
Monsoon ends with 'normal' rainfall as positive factors counter El Nino effect, says IMD
monsoon season has ended with India receiving «normal» cumulative rainfall — 820 mm against a long-period average of 868.6 mm — with positive factors countering the effect of El Nino conditions, the India Meteorological Department (IMD) said on Saturday. Rainfall between 94 per cent and 106 per cent of the long-period average (LPA) is considered normal. However, normal cumulative rainfall over the country during the monsoon season doesn't mean even spatial and temporal spread of precipitation.
30.09 / 13:05
UPS
President
shootings
country
exclusive
reports
Why Bangladesh is calling Canada a hub for all murderers
AK Abdul Momen has said Canada must not be a «hub of all the murderers». «Murderers can go to Canada and take shelter, and they can have a wonderful life while those he killed, their relatives are suffering,» Momen said in a TV interview recently. When asked about Bangladesh's founding father Sheikh Mujibur Rehman's killer who continues to live in Canada, Momen said, «He’s having a good life in Canada.
30.09 / 12:23
UPS
Citi
Manufacturing
economy
country
reports
Ukraine lures Western weapons makers to transform defence industry
Zelenskiy said on Saturday he wants to turn Ukraine's defence industry into a «large military hub» by partnering with Western weapons manufacturers to increase arms supplies for Kyiv's counteroffensive against Russia. He was speaking at a forum his government convened with international producers to discuss how to jointly develop industrial capacity to build and repair weapons in Ukraine despite constant Russian bombardment. «Ukraine is in such a phase of the defence marathon when it is very important, critical to go forward without retreating. Results from the frontline are needed daily,» Zelenskiy told executives representing more than 250 Western weapons producers. «We are interested in localizing production of equipment needed for our defence and each of those advanced defence systems which are used by our soldiers, giving Ukraine the best results at the front today,» he told the forum in Kyiv. Zelenskiy said that air defence and de-mining were his immediate priorities.
30.09 / 10:29
BLOCK
WhatsApp
country
Department
Identify, transform 100 most backward blocks, Modi tells central, state authorities
Speaking at the launch of ‘Sankalp Saptaah’, a week-long programme on the implementation of the government’s aspirational blocks programme, Modi told the secretaries of central government departments and officials of states to identify 100 blocks in the country that are lagging behind in their respective departments and work towards improving the conditions there. Modi stressed that these 100 identified blocks should surpass the national average in development and said Sankalp Saptaah should not merely remain a NITI Aayog programme.
30.09 / 10:29
Action
NMC
country
information
reports
Department
patient
Colleges
NMC brings out new rules for medical colleges
₹ 1 crore per violation on the college. In addition, a penalty of ₹ 5 lakh can be imposed against the faculty, dean, or the director for submitting false information, along with penal action for misconduct of professional ethics under the Registered Medical Practitioner Regulations.
30.09 / 10:29
FIVE
WhatsApp
country
cover
2020
Madhya Pradesh Assembly Elections 2023: ‘We will conduct caste census if…’, Rahul Gandhi at Jan Akrosh Yatra
Jan Aakrosh Yatra in poll-bound Madhya Pradesh on Saturday, said that the BJP-led state government is not giving the right price to the farmers for their crops. Addressing the public meeting here, Rahul Gandhi said, “Go and ask the farmers of Chhattisgarh how much money they get for the paddy crop. What we promised, we completed it." “For the first time in the history of India, farmers are paying taxes.
30.09 / 09:59
Lowe's
Booking
VISA
Strategy
country
travelers
China seeks to make travel, payments easier for foreigners
China plans to make it easier for foreign tourists to book tickets, register at hotels and use their overseas bank cards in an effort to boost stubbornly low visitation figures. The State Council released the list of measures, though stopped short of outlining specific strategies to hit its targets, in a statement on Friday that underscored tourism’s important role in spurring economic growth. The release coincides with the first day of of the eight-day National Day and Golden Week holiday period, which is typically a boon for travel and consumption. China’s three-year pursuit of Covid Zero essentially sealed the country off from the world and, despite its reopening earlier this year, few foreign tourists are visiting. A top concern for many is safety, but visa hassles, lack of flights and idiosyncratic payment systems also make the idea of a holiday in China daunting for many potential visitors. Payments and the use of digital platforms that are unique to the country represent a practical hurdle for many tourists. It’s often difficult to use cash, though China’s central bank has repeatedly said that rejecting it is illegal. And most vendors — from street stalls to large department stores — only accept local payment systems such as WeChat Pay and Alipay.
30.09 / 09:59
Provident
Bill
show
country
voice
beautiful
gatherings
Amit Shah hails PM for Chandrayaan-3, new Parliament, G20 summit, women's bill; says 4 works completed in 3 months
Narendra Modi for the new Parliament building, Chandrayaan-3, the G20 summit and Women Reservation Bill, Union Home Minister Amit Shah on Saturday said he completed all four works within three months while it would have normally taken 50 years just to do any one of them. Addressing a gathering here, Shah showered praise on Modi for «rejuvenating» the Indian Space Research Organisation (ISRO) and inspiring its scientists, as well as sending out a message through the G20 summit that India is with both the developed and developing nations.
30.09 / 09:59
Provident
FIVE
Telegram
Platform
WhatsApp
country
social
Cyber
Bengaluru Police bust Rs 854 crore cyber investment fraud, arrest six people
Bengaluru Police have busted a Rs 854 crore cyber fraud scam and arrested six people who allegedly cheated thousands of victims across India on the pretext of an investment scheme, officials said on Saturday. The accused — Manoj, Panindra, Chakradhar, Shrinivas, Somashekar and Vashanth — are all residents of Bengaluru, they said. The three other accused, alleged to be the masterminds behind the fraud have been identified, police said, adding efforts are being made to apprehend them.
30.09 / 09:59
Citi
BLOCK
Man
VISA
country
reports
Indian
Amid Indo-Canada standoff, Indian envoy's Gurdwara visit blocked in Scotland by pro-Khalistan extremists
Vikram Doraiswami, who was touring Scotland this week was blocked from entering a gurdwara in the city of Glasgow by pro-Khalistan extremists. During a planned visit to Glasgow Gurdwara Guru Granth Sahib on Albert Drive on Friday, members of Sikh Youths UK posted videos of their face-off with gurdwara officials as a few of them approached the High Commissioner's car and asked him to leave. The local police said it was called to the “disturbance” and its enquiries remain ongoing. “We were called around 1.05 pm on Friday, 29 September, to a report of a disturbance that happened in the Albert Drive area of Glasgow.
30.09 / 09:49
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