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Department of Telecom (DoT) has sought views on norms for allocating satellite spectrum from sector regulator Trai, Parliament was informed on Wednesday. The government has decided to allocate spectrum for satellite communication services through an administrative mechanism while telecom operators are required to purchase the radiowaves through auction. Minister of State for Communications, Pemmasani Chandra Sekhar in a written reply to the Lok Sabha said that spectrum assigned administratively are also chargeable and hence contribute to revenue.

Union Ministry of Panchayati Raj is undertaking several measures, including the use of community radio, to spread awareness against the "Sarpanch Pati" system, the government informed the Rajya Sabha on Wednesday. The «Sarpanch Pati» system is a practice in which the husband of an elected woman sarpanch wields the actual power. In a written reply to a question in the Rajya Sabha, Union Minister of State for Panchayati Raj SP Singh Baghel said various modes of information, education and communication activities, media engagement, conferences, seminars, training programmes, screening of public service awareness films, broadcasting of programmes through community radio were being done to spread awareness on issues such as the «Sarpanch Pati» system.

Subscribe to enjoy similar stories. Kota-based Allen Career Institute, a prominent coaching centre that prepares students for medical and engineering entrance tests, has started retrenching faculty members and administrative staff as enrolments decline, people aware of the development said. The institute, which runs classroom coaching in more than 60 cities in India, has laid off more than 200 employees, and more are expected to be shown the door.

U.S. officials are urging telecommunication companies to boost network security following a Chinese hacking operation that gave officials in Beijing access to the private texts and phone conversations of Americans

semiconductor chips, integrated circuits, memory chips, parts of electronic integrated circuits and micro assemblies, and amplifiers worth Rs 1.71 lakh crore in fiscal 2023-24, the minister of state for electronics and information technology, Jitin Prasada, told Lok Sabha on Wednesday. To offset the semiconductor import bill and kickstart the homegrown chip manufacturing ecosystem, the government has approved five semiconductor chip manufacturing and assembly projects with a cumulative investment of Rs 1.52 lakh crore, Prasad said in reply to a question in the lower house of the Parliament. Apart from the chip manufacturing and assembly units, the government has also approved proposals from nearly 15 semiconductor design companies under the Design Linked Incentive scheme, the minister of state said.

Enron, the Houston-based energy company that exemplified the worst in corporate fraud and greed in America after it went bankrupt in 2001, is coming back

Subscribe to enjoy similar stories. New Delhi: Auction of assets like land, buildings, plant and machinery belonging to businesses getting liquidated is likely to see a wider public participation, with the Insolvency and Bankruptcy Board of India (IBBI) planning to make these transactions more mainstream.

A former B.C. resident has been fined $18.4 million for diverting millions of customer deposits for his cryptocurrency trading platform to gambling.

startups by the government till October this year, Parliament was informed on Tuesday. The Government, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging private investments in the startup ecosystem of the country launched the Startup India initiative in January 2016.

Suvendu Adhikari said on Tuesday that the West Bengal government did not wait for the Joint Parliamentary Committee (JPC) report on Waqf but Mamata Banerjee’s Trinamool government raised the issue due to “votebank politics”. Adhikari was giving his speech today on the floor of the House during discussion on the Waqf resolution. He slammed the Trinamool Congress on wrong information by party MP Kalyan Banerjee on Waqf.

‘Barron’s Roundtable’ panelists Ben Levisohn, Teresa Rivas and Jacob Sonenshine share their top stock picks.

Ayushman Bharat scheme is to address the distinct challenges faced by senior citizens and to reduce the economic vulnerabilities of this group, the Rajya Sabha was informed on Tuesday. Responding to a question, Union Health Minister J P Nadda said that on October 29, 2024, the government expanded Ayushman Bharat — Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to provide free treatment benefits of up to Rs 5 lakh per year to all aged 70 years and above, irrespective of their socio-economic status. «The aim of this expansion is to address the distinct challenges faced by senior citizens, including limited access to affordable healthcare and a significant disease burden. Many elderly individuals suffer from chronic illnesses and disabilities, highlighting the urgent need for targeted healthcare interventions,» he said. The initiative also strives to reduce the economic vulnerabilities of this group, as a substantial portion is no longer employed, leading to high dependency on others, Nadda said.

By Peter Shawn Taylor

Subscribe to enjoy similar stories. If you don’t have a finance background, it can be difficult to invest on your own. Most retail investors take the help of a knowledgeable friend or turn to YouTube to understand the basics of investing.

Dharavi Redevelopment Project (DRP) has embraced cutting-edge technologies to survey and document Asia's largest slum, officials said. Drones and remote sensing technology Light Detection and Ranging (LiDAR) are being used to map the 620 acres densely populated Dharavi slums. This is to ensure accuracy, transparency, and efficiency in a redevelopment project of this scale and complexity. The Dharavi Redevelopment Project Pvt Ltd, in which the Adani Group holds an 80 per cent stake along with the state government, plans to turn 620 acres of prime land, about three-quarters of the size of New York's Central Park, into a glitzy urban hub. About 7 lakh living in rickety shanties with open sewers and shared toilets in the densely populated slums, close to Mumbai's international airport, are to be given flats up to 350 square feet free of cost.

No appointment had been sought, Tatkare said, amid the continuing suspense over who would be the next Maharashtra chief minister. «Amit Shah is currently in Chandigarh. We may hold political discussions tonight. We will talk about what is happening,» said Tatkare. «There is no question of waiting (for appointment),» he added. Asked about distribution of portfolios in the new Maharashtra government, set to be sworn in on December 5, Tatkare said it would be decided at a meeting of the Mahayuti allies.

Subscribe to enjoy similar stories. Quant Mutual Fund confirmed it has appointed a new chief executive in an effort to decouple the CEO and CIO (chief investment officer) functions currently held by founder Sandeep Tandon. The new chief executive, who is set to join in April 2025, is a mutual fund industry outsider – from a global financial conglomerate – according to a source.

Subscribe to enjoy similar stories. Imagine we are on a game show where we’re given a choice of picking any one of three doors. Behind one door is a car, while the others hide one goat each.

Swan Hills, Alta., was caught on video (see the player above.)No injuries were reported after RCMP were called to the house explosion early Monday morning, but police said several homes and vehicles near the blast sustained damage.The RCMP said officers were called about an explosion at a home on Pan Am Street at 3:55 a.m.Police said preliminary information suggests the cause was likely a gas leak.“There’s no risk to the public, gas to that residence was shut off so there’s no chance of another explosion happening today, thankfully,” said RCMP Const. Cory Riggs.Riggs said while the blast is unusual, it’s also not unheard of.“I’ve been a police officer for seven years now, and this isn’t something that happens every day.

The British Columbia Securities Commission has imposed more than $18 million in sanctions on a cryptocurrency trading platform and its owner who it says diverted customers’ assets to gambling and personal accounts.