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₹1.2-1.3 trillion. Ajay Piramal, chairman and executive director, Piramal Enterprises, said if the Reserve Bank of India (RBI) allows certain non-banking financial companies (NBFCs) to accept public deposits, it will lessen their dependence on bank funding. Edited excerpts: Earlier, NBFCs used to have some advantage; there was a little more loosening in terms of RBI control compared to banks.

Piyush Goyal on Tuesday said that the current year shows some challenges with the geopolitical situation across the world, concerns around inflation and slowing growth which is impacting certain sectors such as petroleum, natural diamonds, readymade garments and chemicals. At an event organised by the Federation of Indian Export Organisation (FIEO), he emphasised on value, volume and quality of exports and that India is trying to unlock newer markets through free trade pacts, collaboration work different countries, encouraging investments in modern technology, looking for digitalization and technology adaption. “The current year does show some challenges with the geopolitical situation across the world with concerns around inflation slowing growth and the impact that we have seen in certain sectors,” Goyal said. He said the target for 2030 is to have $1 trillion of goods exports and $1 trillion of service exports, and that India aspires to to become a $35 trillion economy by 2047. The minister also met various export promotion councils earlier in the day where issues related to the EU’s Corporate Sustainability Due Diligence Directive, and Carbon Border Adjustment Mechanism were taken up. “Issues related to high imports of gold and some chemicals but the low exports of gems and jewellery were discussed,” said an industry representative who participated in the meeting, adding that exporters assured the government of reaching $450 billion of goods exports in the next seven months. Officials said that petroleum products, marine products and inorganic chemicals were among the 15 key product categories where export volumes rose but value fell in April-June FY24. At the FIEO event, Goyal said that India’s space sector is not

compensation claims in road accidents, the case is not expected to be proved like a criminal trial, the High Court of Karnataka has said. «It is well known that in a case relating to motor accident claims, the claimants are not required to prove the case as it is required to be done in a criminal trial.

U.S. Commerce Secretary Gina Raimondo says she rebuffed an appeal by Chinese leaders to reduce U.S. export controls on technology with possible military uses

Arunachal Pradesh which China claims as South Tibet and Aksai Chin occupied by it in the 1962 war as part of its territory. Taiwan and the disputed South China Sea are also included within the Chinese territory in the new map. Later in the day the External affairs ministry of India said that it strongly opposed the move by China.

Manipur Assembly session as a 'farce,' saying had the House sat for a few more days «differences» within the BJP would have come out in full display. In a post on X, Congress general secretary Jairam Ramesh said the BJP, as always, has «converted an opportunity into a formality.» The one-day session of the Manipur Assembly was adjourned sine die within an hour of commencement after Congress MLAs created an uproar demanding the session be extended to five days. Opposition MLAs led by former chief minister Okram Ibobi Singh said one day was not enough to discuss the prevailing situation in the strife-torn state. All the 10 Kuki MLAs, including the seven from the BJP, were also absent from the House. Ramesh said, «Today, the Manipur Assembly met for the first time since March 3rd, 2023.

UAE Navy Subject Matter Expert delegation led by Colonel Dr Ali Saif Ali Mehrazi arrived in India on August 27 on a four-day visit to specialised meteorology, oceanography and weather modelling units of Indian Navy (IN) at Kochi, Goa and New Delhi. This visit signifies the beginning of a new chapter in professional cooperation between the two navies, with the goal of exchanging professional knowledge, expertise, training and collaboration in the fields of meteorology, oceanography and weather and ocean modelling, a Defence Ministry release said. The UAE Navy delegation visited Kochi on August 28 where they met senior officers of the Navy for professional interaction at the Naval Operations Data Processing and Analysis Centre (NODPAC), which is a dedicated unit for aspects of oceanography, ocean state forecast and ocean modelling. They also visited the Indian Naval Meteorological Analysis Centre (INMAC), which looks into the aspects of weather forecasts and atmosphere modelling. The release said the UAE Navy delegation also visited the School of Naval Oceanology and Meteorology (SNOM), which caters to the Meteorological, Oceanographic and Numerical Weather Prediction (NWP) training needs of the Indian Navy. The Indian Navy over the years has accrued knowledge, expertise and skills in the domain of meteorology and oceanography, the release said. Through its dedicated units, the Indian Navy has also been supporting many countries in the Indian Ocean Region (IOR) with training in the fields as well as daily weather forecast services to ensure maritime safety in the region. The delegation would also be visiting Air Squadrons and Met Office at INS Hansa, Goa, which is the premier Naval Air Station of the Navy followed by a

Aksai Chin occupied by it in the 1962 war as part of its territory. The map also incorporates China's claims over the nine-dash line thus laying claim to a large part of the South China Sea. The map was released by China’s Ministry of Natural Resources during the celebration of Surveying and Mapping Publicity Day and the National Mapping Awareness Publicity Week on Monday in Deqing county, Zhejiang province, as per China Daily newspaper.

New Delhi: The India Meteorological Department (IMD) has forecast persistent heavy rainfall in northeast India and the extreme South Peninsula, even as concerns grow over the uneven spatial distribution of this year's monsoon, meteorologists said. Heavy isolated rainfall is likely over Arunachal Pradesh today; in Assam and Meghalaya from Thursday to Saturday and over Nagaland, Manipur, Mizoram and Tripura for the next five days.

The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension

By David Shepardson

Amazon's CEO Andy Jassy communicated a new policy requiring employees to be present at the office for a minimum of three days per week. This decision was met with opposition, leading to protests and resignations from employees unwilling to relocate to the central offices.

France's education minister announced Monday a ban on long robes in classrooms starting with the new school year, saying the garments worn mainly by Muslims are testing secularism in the nation's schools. Critics say that abayas, worn by women, and Khamis, the male garb, are no more than a fashion statement. They say the garments do not constitute an ostentatious sign of religion and should not be banned from classrooms under a 2004 law. For Gabriel Attal, the recently appointed education chief, the garments are «an infringement on secularism,» a foundational principle for France, and, in some cases, a bid to destabilize schools. The 34-year-old Attal, appointed in July, was potentially moving into a minefield with his ban on long robes to «protect» secularism, prompted by growing reports of the garments in some classrooms around the country. Previous statements and laws on secularism have seeded acrimonious debate. «Our schools are continually tested. We know that,» Attal said at a news conference a week ahead of the start of the school year. He said that the wearing of abayas and khamis had grown recently, and must be met with a firm response to tackle what sometimes amounts to «infringements, attempts at destabilization.»

Disaster Management Authority said on Friday. On Sunday, CM Sukhvinder Singh Sukhu said the state is grappling with devastation after recent heavy rainfall and landslide, but relentless efforts were carried out to restore crucial roadways and other basic amenities. In the national capital, humid weather conditions prevailed on Monday with the minimum temperature settling at 26.4 degrees Celsius, normal for this time of the year.

Commerce Secretary Gina Raimondo says she and her Chinese counterpart agreed to exchange information on U.S. export controls that irk Beijing and set up a group to discuss other commercial issues

Enforcement Directorate (ED) and six other officials for accepting bribes ₹5 crore to save Delhi businessman Aman Dhall in the Delhi liquor scam case. The accused named in the FIR have been identified as Pawan Khatri, Assistant Director, ED; Nitesh Kohar, Upper Division Clerk; Deepak Sangwan, Employee of Air India; Amandeep Singh Dhall; Birender Pal Singh; Praveen Kumar Vats, Chartered Accountant; Vikramaditya, CEO of Claridges Hotels and Resorts.

France had become the first European country in 2011 when it imposed a ban on full-face veils. Further in 2004, France had banned the wearing of hijabs and other religious symbols in state schools. On Monday, the newly-appointed 34-year-old education minister of France said that wearing of long robes will be banned starting with the new school year, saying the garments worn mainly by Muslims are testing secularism in the nation's schools.

Russia and China, a paragraph on the war in Ukraine was classified as 'Chair Summary', while remaining 16 paragraphs became part of the 'Outcome Document' that was unanimously adopted by all the member countries, said an official release. Chief science advisers and the nominated equivalents from G20 members and guest countries met during the day at Mahatma Mandir here for the second meeting of the G20-Chief Science Advisers' Roundtable under India's G20 presidency. «We are very hopeful and convinced that the next presidency of Brazil will take it forward. In this roundtable, the focus was on three themes — One Health for better disease prevention, control, and pandemic preparedness, efforts to expand access to scholarly scientific knowledge and ensuring diversity, equity, inclusion, and accessibility in science and technology ecosystem» Ajay Kumar Sood, Principal Scientific Adviser to the government, said at a press conference. All the member countries collectively deliberated on these issues and expressed commitment towards fulfilling these common priorities, Sood added. «We recognise that interdependent health threats to human, animal, plant and environmental health should be addressed collectively through the One Health approach.

Congress in Andhra Pradesh and the opposition TDP on Monday approached the Election Commission, urging it to weed out bogus entries from the state's electoral rolls and accusing each other of vitiating the voters' list.

business loan for CA, you can maintain or even get your working capital to the required level. For example, if you have not received funds from creditors, you can use the loan to meet the expenses you need to pay. There comes a time when every practice or business needs to upgrade and/or expand its establishment.

Guwahati: Several people were detained in Dhalai and West Tripura districts during the 12-hour shutdown in Tripura on Monday demanding introduction of Roman script for the tribal Kokborok language and passage of the 125th Constitutional Amendment Bill. Around 300 people were detained, Twipra Students Federation (TSF) held a 12-hour shutdown in Tripura.