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IndiGo on Monday has started to operate 35 flights from the new building of the Terminal 1 of Delhi’s Indira Gandhi International Airport, reported TOI. Operations from the terminal were smooth, said officials. IndiGo and Spicejet have now partially shifted their operations at T1. «Flight operations were smooth after 35 IndiGo departures were shifted to the new T1 from Monday,» said an airport official.

ministry of labour and employment has written to all state governments urging them to include migrant workers, building workers, beedi workers, cine workers, non-coal mine workers, contract labourers, and other unorganised workers under Pradhan Mantri Awas Yojana (PMAY). This comes after the union cabinet recently approved the extension of the PMAY for an additional five years, from FY 2024-25 to 2028-29, with the aim of providing two crore additional houses to eligible beneficiaries, the ministry said in a statement issued on Tuesday. According to the statement, the ministry is of the view that these workers represent a disadvantaged section of society and ensuring their coverage under PMAY is not only a matter of social justice but also a necessary step towards improving their living conditions.

For decades, climate scientists have been warning governments—and society at large—about the impact of climate change, especially the increased frequency and intensity of a range of nature-related disasters. Today, we are witnessing these unfold as news media headlines scream, almost on a daily basis, about how climate change has exacerbated disasters.

“We wish to inform you that Union Cabinet chaired by Honourable Prime Minister of India, Shri Narendra Modi approved the proposal of Kaynes Semicon Private Limited, a wholly owned subsidiary of Kaynes Technology India Limited, to set up a semiconductor unit at Sanand, Gujarat through its press release dated 02nd September, 2024,” the company said in a filing to the exchanges.

Netflix regarding the controversy surrounding the 'IC814-The Kandahar Hijack', the OTT platform has assured to be 'sensitive' to and in accordance with the India's sentiments. Further, it has also assured the Information and Broadcasting Ministry that it will conduct a content review following an uproar for the use of Hindu names for two terrorists, ANI reported citing sources. The Anubhav Sinha directed series has drawn criticism from the BJP-led centre for using Hindu names of two terrorists, 'Bhola' and 'Shankar', while the other three are referred to as Chief, Doctor, and Burger.

IIT Bombay has completed final placements with an average annual package of Rs 23.5 lakh, a 7.8% jump from last year’s average of Rs 21.8 lakh but fewer students compared to last year have landed jobs during the process, a report released by the institute has revealed. In one of the most challenging years for placements to date, about 74.5% of the 1979 students who actively participated in the campus drive have got jobs, with 1475 job offers accepted. This is compared to about 82% last year when 1845 students actively participated and 1516 job offers were accepted. This is despite 364 companies making offers, compared to 324 last year. Seventy-eight international offers were accepted in both Phases of the IIT Bombay placements 2023 — 24, while 22 offers of above Rs 1 crore per year were accepted during this drive, according to data from the institute. Around 206 students received salaries of less than Rs 10 lakh.

Madan Sabnavis, Chief Economist, Bank of Baroda, says the steps announced by the government cover both crops – horticulture as well as allied activities – and this is required for overall enhancing and creating more steady growth and output as well as income for farmers. Today when we are talking in terms of rural consumption lagging, one of the factors behind it is that we are not seeing a commensurate increase in terms of income. Sabnavis also says that we may not see the impact in the immediate quarter. 3.5% to 4% should be the trend growth that we should see in the case of overall GDP growth of 7% to 8% at the aggregate level. It will take a couple of years before all these pieces are put together.

Brigade Enterprises plans to raise up to Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business. The company on September 2 launched its Qualified Institutional Placement (QIP) issue to raise funds. In a regulatory filing late on Monday, Brigade Enterprises informed that a committee of directors authorised the opening of the QIP Issue on Monday.

Congress on Monday charged Securities & Exchange Board of India (Sebi) chairperson Madhabi Puri Buch of receiving remuneration from private entities such as ICICI Bank and ICICI Prudential even while heading the regulatory body. Congress leader Pawan Khera alleged that Buch received ?16.8 crore from ICICI since joining Sebi in 2017. While Khera refused to divulge the source of this information saying Buch should prove the figures are wrong, he added that this amount was 5.09 times more than her salary of ?3.3 crore from Sebi during the corresponding time frame. Hours later, ICICI Bank refuted the charges and it has not paid any salary or granted ESOPs to Buch after her retirement.

Israel because there is a risk such equipment might be used to commit serious violations of international humanitarian law, foreign minister David Lammy said on Monday. Lammy said the decision to suspend the licences did not amount to a blanket ban or an arms embargo, but only involved those that could be used in the conflict between Israel and Hamas in the Palestinian enclave of Gaza. Soon after the Labour Party won an election in July, Lammy said he would update a review on arms sales to Britain's ally Israel to ensure these complied with international law.

Anthony Scaramucci, former White House communications director has publicly stated that Donald Trump's wife Melania does not want him to win the US elections 2024, and rather wants him to lose the polls. This bombshell dropped by Scaramucci has ended up giving chills down the spine of the Republican camp, as this has the potential to move voters away from Trump, as public perception around a relationship is quite important in any Presidential campaign.

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Vedanta board on Monday approved the third interim dividend of Rs 20 per equity share for the financial year 2024-25. The total dividend payout will amount to Rs 7,821 crore. The company has set the record date on September 10, 2024.

Cabinet led by PM Narendra Modi on Monday announced the launch of Digital Agriculture Mission with an outlay of Rs 2,817 crore, in an attempt to improve farmers' lives through technology. The government has given its nod to a total of seven agriculture projects worth Rs 13,966. «Today, 7 major decisions have been taken in the cabinet meeting for improving the lives of farmers and increasing their income,» Union Minister Ashwini Vaishnaw said in a media briefing. A major component of this mission is the creation of an Agri Stack, which includes a Farmers Registry, Village Land Maps Registry, and Crop Sown Registry.

Sebi chief Madhabi Puri Buch on Monday announced that single filing with exchanges would become a reality very soon. «It is a work in progress. If you file your disclosure in one exchange, it will automatically populate on the website of the other exchanges,» Buch said at a CII Summit.

Artificial intelligence is beginning to allow many employers to automate functions long performed by human workers

India's growth is driven by investment in infrastructure, inclusive development, manufacturing, and simplification of laws, said Ashwini Vaishnaw, union minister for electronics and information technology, information and broadcasting, and railways. When it comes to infrastructure, the government is investing not just in physical and digital assets but social resources as well, he said at the Economic Times World Leaders Forum on Saturday. Medical colleges for example have nearly doubled to 706 in the last 10 years, while the number of premier All India Institutes of Medical Sciences (AIIMS) have gone to 22 from seven, he said Vaishnaw. On the manufacturing side of things, a key driver of new jobs, Vaishnaw said the government is focusing on creating new industries through programmes such as production-linked incentive (PLI) schemes. The PLI for mobile phone manufacturing has generated 1.2 million direct and indirect jobs in the past decade, he said. The total production value of mobile phones manufactured in India has risen from $2.3 billion in 2014 to $50 billion in 2024, he said.

RBI is poised to roll out its next major financial innovation, a technology platform that enables 'frictionless credit'. The platform, proposed to be called Unified Lending Interface (ULI), aims to facilitate a seamless and consent-based flow of digital information, including land records, to lenders from multiple data service providers. This, Das added, would reduce the time required for credit appraisal, particularly for smaller and rural borrowers. Coincidentally, his statement comes at a time when the account aggregator (AA) framework — created by the market-led industry alliance Sahamati and launched three years ago by RBI — has logged a record 100 mn consents. AA is using a framework like ULI to shift away from collateral-based lending to one premised on cash flows, addressing the formal credit needs of millions of underserved Indians. In short, India is poised to roll out another initiative to democratise access to credit. In the last decade, India banked the unbanked, whereby 80% of adults today own a bank account. Now, by seeking to enable universal lending, RBI is breaking down barriers to provide financial resources to a broader spectrum of borrowers. The impending convergence of fintech and AI will only accelerate this trend of serving the underbanked.

FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other regulatory clearances. TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd with the company, according to a statement from Tata Group FMCG arm. «We wish to inform you that the conditions outlined under Clause 17 of the Scheme, including the filing of certified copies of the order with the Registrar of Companies, of the respective companies, in Form INC-28, have been duly completed. Accordingly, in terms of the Scheme, the effective date of the scheme (of merger) is September 1, 2024,» the company said in a regulatory filing. This is in line with the company's focus on simplifying and streamlining the business. This consolidation of legal entity structure will unlock efficiencies and synergies, it added.

BJP has set a target of making one crore members in Rajasthan, the party's membership campaign state convenor Arun Chaturvedi said on Sunday. He said that the target of making one crore members has been set at all 51,000 booths in the state. Prime Minister Narendra Modi will start the party's membership campaign on Monday from the BJP's central office in New Delhi. On September 3, Chief Minister Bhajanlal Sharma and state president Madan Rathore will start the campaign in the state. Chaturvedi said that under the BJP's membership campaign, anyone can become a member by giving a missed call through the Namo app, website or scanning a QR code. This time, along with online, members will also be made through offline mode.

Champions Trophy 2025, scheduled to be hosted by Pakistan, has stirred discussions in the cricketing world, especially regarding India's potential participation. Despite being chosen as hosts, Pakistan faces challenges due to the ongoing political tension between the two nations, which has hindered any bilateral cricketing series since 2013.