Department Financial News
21.05 / 15:39
UPS
Manufacturing
Trade
Department
prevention
International
Govt rolls out mandatory quality norms for asbestos cement products
government has issued mandatory quality norms for asbestos or fibre cement-based products to curb the import of sub-standard goods and boost domestic manufacturing. A notification 'Asbestos or Fibre Cement based Products (Quality Control) Order, 2024 ' was issued in this regard by the Department for Promotion of Industry and Internal Trade (DPIIT) on March 6 this year. Under these orders, items cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. «It shall come into force on the expiry of six months from the date of publication of this notification in the Official Gazette,» the DPIIT notification said.
21.05 / 14:07
markets
COST
Experts
Universities
electronic
information
Department
Here's how to buy renewable energy from your electric utility
As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there's a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property.
21.05 / 12:59
UPS
Citi
Booking
track
Department
Traffic
Uber shuttle buses to hit Delhi roads: Commuters can book seats via app, track trips in real time— all you need to know
Uber became the first aggregator to be licensed by the Transport Department of Delhi to run Uber shuttle in the capital city. It will be a part of the Delhi Premium Bus programme. With the 'Uber shuttle' option on the Uber app, passengers in Delhi will be able to reserve seats in advance on the route of their choice.
21.05 / 12:57
UPS
Provident
information
reports
Department
compliance
Income Tax Return Filing: I-T dept rolls out new functionality to improve compliance | Details you need to know
ITR Filing 2024: The Central Board of Direct Taxes (CBDT) has rolled out a new functionality in the Annual Information Statement (AIS) to display the status of information confirmation process in real-time.
21.05 / 12:21
COST
Citi
Bill
President
reports
Department
Uber and Lyft say they won't leave Minnesota after all — and drivers are getting a raise
Uber and Lyft announced they will keep operating in Minnesota, now that state lawmakers have passed a measure that will increase driver pay to a level the companies can accept
21.05 / 12:09
markets
Provident
Racing
Enterprise
NVIDIA
Coherent
Department
Scale AI valued at $14 bln in Nvidia, Amazon-backed funding round
Scale AI said on Tuesday it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from tech giants Nvidia, Amazon, and Meta, valuing the AI data startup at nearly $14 billion. Top tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and machine learning have been a bright spot in an otherwise subdued private funding market.
21.05 / 11:51
COST
UPS
Trade
reports
Department
Macy's tops expectations for the first quarter as luxury sales shine
Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending
21.05 / 11:51
Action
community
Justice
Department
recommendations
International
Top US drug agency a notable holdout in Biden's push to loosen federal marijuana restrictions
The Biden administration’s push to reclassify marijuana as a less-dangerous drug is going forward without the support of the nation’s premier narcotics agency
21.05 / 11:51
Discover
BAY
Death
community
shooting
Department
Investigations
Over $450K recovered for workers of California mushroom farms that were sites of fatal shootings
Federal officials say that the owners of two Northern California mushroom farms where a farmworker killed seven people in back-to-back shootings last year will pay more than $450,000 in back wages and damages to 62 workers
21.05 / 11:51
Waters
BAY
community
blues
reports
Department
Interviews
California congressman urges closer consultation with tribes on offshore wind
A California congressman says tribes should be more involved in the decision-making process for the development of the first offshore wind farms along the West Coast
21.05 / 11:51
UPS
President
gay
reports
Department
rights
The White House says FDIC chairman to step down following report on agency's toxic workplace culture
The chairman of the Federal Deposit Insurance Corporation will step down from his post once a successor is appointed
21.05 / 11:35
UPS
Election
Southern
Department
Schools
India's northwest braces for more heatwaves amid elections
India's northwest braces for more heatwave days this summer, capital Delhi has ordered the closure of all schools as temperatures surge as high as 47 degrees Celsius ahead of voting in the final two phases of national elections. The India Meteorological Department said a confluence of weather patterns was driving up temperatures in the breadbasket region. WHY IS INDIA IS SEEING MORE HEATWAVES?
21.05 / 11:01
Citi
Waves
WhatsApp
Department
Intense summer heat in Delhi pushes power demand to all-time high of 7717 MW
intense summer heat, Discom officials said. According to the State Load Dispatch Centre (SLDC) Delhi real-time data, the peak demand of the city broke all previous records. It reached 7717 MW at 3.33 pm, they said. Delhi's previous all-time high peak power demand was recorded at 7,695 MW on June 29, 2022, officials said.
21.05 / 09:31
markets
Target
Sustainability
KPI
country
Department
BSE Power records 107% surge in a year, 9 stocks including NTPC, Tata Power jump between 100% and 400% – here's why
Also Read: Explained: What's driving the ongoing uptrend in metal stocks? The country is experiencing a significant surge in power demand each month, driven by increased usage in both the industrial and household sectors. The above-normal temperatures witnessed across most regions during April and May have led to a surge in the use of cooling appliances such as air conditioners and desert coolers, resulting in heightened power consumption. The India Meteorological Department (IMD) has forecast above-normal maximum temperatures across the country for the summer season.
21.05 / 09:31
FIVE
security
performer
Department
Updates
play
KKR vs SRH Live Score Updates, Play-off IPL 2024: Batting heavyweights against each other to secure IPL final berth
KKR vs SRH Live Score Updates, Play-off IPL 2024: We are finally in the IPL 2024 playoffs, and this time, the viewers are in for a lot of surprises. After an incredible 2024 season, Shreyas Iyer-led Kolkata Knight Riders finished at the top of the IPL points table for the first time in 17 seasons. With some massive records to its name, Sunrisers Hyderabad's journey to the second spot has been a mix of courage and luck.
21.05 / 08:19
Dreams
wellness
performer
country
Department
Videos
cricket
‘Hamara time kharab nahin hai…,’ Rinku Singh's ambitious claim amid T20 World Cup snub
Rinku Singh, the middle-order player for India and Kolkata Knight Riders , stated that his goal in senior cricket is to lift a large trophy for his team with his own hands. Rinku, who is accompanying the Indian team to the ICC T20 World Cup as a reserve, will depart on June 1, is currently competing in the Indian Premier League on behalf of Kolkata Knight Riders. With four fifties and 474 runs scored at an average of 59.25 and a strike rate of 149.52 in his breakout season the previous year.
21.05 / 06:55
Remark
Election
wellness
Department
prevention
peace
rowing
Lok Sabha Elections 2024: When is dry day in Delhi? Check dates, time and other details
Delhi will observe dry days from 6 PM on May 23 to 6 PM on May 25, due to the upcoming Lok Sabha Elections 2024. This decision, mandated by the Election Commission of India (ECI), aims to maintain public order and ensure a fair and peaceful election process. Directive from the Election Commission The ECI has directed that all wine shops and bars in the affected constituencies, as well as adjacent constituencies, will remain closed during this period. «All wine shops and bars will be closed on polling day to maintain public order,» stated the ECI directive. This measure is crucial for preventing any disruptions on election day.
21.05 / 06:03
Citi
FIVE
Extreme
isolate
Department
Schools
Delhi reels under severe heatwave: IMD issues 'red alert' as temperatures soar
Delhi is in the grip of an intense heatwave, with temperatures crossing 47 degrees Celsius, prompting the India Meteorological Department (IMD) to issue a 'red alert' for the next five days. This scorching weather has pushed the city's peak power demand to unprecedented levels for May, leading to the immediate closure of schools by the Delhi government. Unprecedented Heatwave Grips Delhi The capital has been experiencing a relentless rise in temperatures, with Sunday recording the highest temperature this summer at 44.4 degrees Celsius. Saturday saw temperatures at 43.6 degrees Celsius, a significant increase from Friday's 42.5 degrees Celsius.
21.05 / 05:11
UPS
Provident
Deloitte
Department
Updates
Can you transfer EPF account from unexempted trust to EPFO, exempted trust?
It is not too difficult to do this nowadays if the employer maintains EPF accounts either with the Employees' Provident Fund Organisation (EPFO) or in an exempted trust. Transfer requests can be submitted online on the Member e-Sewa portal — irrespective of whether the transfer is happening within EPFO or from EPFO to an exempted trust or vice versa. Also Read: You could lose Section 80C benefit on EPF contribution due to this
21.05 / 02:15
Digital
Google
Justice
Department
Schools
Courts
rights
Google cuts mystery check to US in bid to sidestep jury trial
Alphabet's Google has preemptively paid damages to the U.S. government, an unusual move aimed at avoiding a jury trial in the Justice Department's antitrust lawsuit over its digital advertising business. Google disclosed the payment, but not the amount, in a court filing last week that said the case should be heard and decided by a judge directly. Without a monetary damages claim, Google argued, the government has no right to a jury trial.
21.05 / 02:15
Waves
FIVE
Extreme
Southern
isolate
Department
Updates
Weather update: IMD predicts heavy rainfall in THESE states till May 24. Check details here
India Meteorological Department (IMD) said that various states of the Southern part of India, as well as the Northern states, will observe heavy rainfall in Southern till May 23. In an official release, IMD said, “Isolated extremely heavy rainfall also very likely over Tamil Nadu and Kerala till May 24." It further said that heavy to heavy rainfall is expected over Tamil Nadu, Puducherry, Karaikal, Kerala, and Mahe on May 23.
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