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NEW DELHI : The El Nino phenomenon that developed in July has remained weak, but has affected rainfall in August due to changes in atmospheric conditions, India Meteorological Department (IMD) director-general Mrutyunjay Mohapatra said, adding it will turn moderate in September and remain strong till December. Mohapatra said below-normal rainfall is expected in the rest of August as well. In a wide-ranging interview, the IMD chief spoke of rainfall distribution and deficiency, forecast errors and extreme weather events.

Mint Sustainability Summit. “Electric is part of the solution, so is ICE (internal combustion engine) with better emission technology, and so is hydrogen.

Mint Sustainability Summit 2023 in New Delhi on 23 August, the minister said the government has been pushing for sustainable construction of roads and highways in a bid to protect the ecology, and not just for the transition to green mobility. Outlining the achievements of the NDA government, he said that the country has added around 86,000 km to its national highway network since 2014. The minister added that currently the national highway network of India is the second largest in the world at over 1.46 lakh km, after the US.

NEW DELHI : The government may review its capital expenditure plans for this fiscal year during pre-budget meetings slated to start in October-November, two senior officials said. This comes amid expectations that the Narendra Modi administration will announce a slew of popular schemes in the coming months ahead of general elections early next year.

India has sought relaxation in certain visa requirements, reduction in the number of documents and fast tracking of the application processing time to allow easier and quicker mobility of its skilled professionals to Australia. The move is aimed at allowing direct entry of Indian workers into Australia instead of the current practice under which skilled workers are often routed through GCC nations or the UK, Ireland or New Zealand before they land up in Australia. Skills development minister Dharmendra Pradhan raised these issues in his meeting with the Australian healthcare and aged care minister Mark Butler recently as the two countries prepare to hold the seventh round of Australia-India Education and Skills Council meeting next month, people familiar with the deliberations told ET. Since India and Australia have already signed the mutual recognition of qualifications for education and skills, certain visa application requirements could also be looked into for more relaxation, India conveyed to Australia, citing the mandatory requirement to obtain a positive skills assessment from the Australian Nursing and Midwifery Accreditation Council or the Australian Community Workers Association if the candidate obtains the qualifications overseas. According to a senior official, India has also flagged the issue of cost of examination, saying it is very high and can affect the mobility of qualified workers at the round table with the Australian minister.

wristwatch is one of the most exclusive, niche habits left in a world that has become obsessed by functionality. This unassuming accessory assumes that functionality cannot be the end all and be all. The wristwatch is no longer a necessity.

National Career Service (NCS) portal of the ministry of labour and employment has registered more than one million active vacancies in August, 2023, both from the public and private sector, paving the way for greater employment opportunities for India’s youth, the ministry said on Monday. This is the highest in the current fiscal with the number of vacancies in May at 0.56 million and 0.76 million each in June and July. Further, the ministry foresees an increase in employment opportunities with an expected surge in demand during the upcoming festive season, leading to a new high in active vacancies in the NCS portal. The vacancies on NCS Portal are mobilized through direct reporting by the employers on the portal and API integration with various private job- portals. “Out of the one million active vacancies, about one third vacancies are notified for the selection of freshers, which would facilitate many young candidates to get employment opportunity just after their education,” the labour ministry said. A significant number of vacancies registered on NCS are for technical support executives, sales executives, data entry operators, logistics executives, software engineers and maintenance engineer, among others. According to the ministry, 51% of the active vacancies have been reported in the finance & insurance sector followed by 13% from the transport and storage sector.

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Paytm-pioneered QR Codes have changed the entire payments landscape, teaching ‘scan and pay’ to millions of users. With the launch of Paytm Soundbox in 2019, in-store payments got a complete overhaul. Paytm became the first company to introduce audio payment alerts through its iconic Soundbox.

(Reuters) — Shares of Vietnamese electric-vehicle maker Vinfast surged 30% in premarket trading on Monday, extending a rally from last week that more than quadrupled its market value to $160 billion.

ITR verification time restriction from 120 days to 30 days from the date of return submission in order to speed up this procedure. The change came into effect from August 1, 2022. According to the social media X(previously known as Twitter), “Dear Taxpayers, Do remember to verify your ITR within 30 days of filing. Delayed verification may lead to levy of late fee in accordance with provisions of the Income-tax Act, 1961. Don’t delay, verify your ITR today!” For ITR that are being filed on July 28, one must ensure that their ITR is verified within 30 days from the date of submitting the same on the income tax portal. So, today is the last date for tax payers who have filed tax on July 28. If the ITR is not verified, then it will be assumed that taxpayer has not filed the ITR.

₹684.10 apiece levels on NSE, logging to the tune of 3 per cent intraday rise during Monday deals. During the IRCTC AGM, the Indian Railways' PSU informed that the company has registered robust financial performance and announced final dividend of ₹2 per share to its shareholders, who would hold the scrip on record date.

Jio chairman Akash Ambani on Monday said that the JioBharat phones will now a UPI feature. While making the announcement at the 46th annual general meeting, Ambani said, «JioBharat phone is a gateway to digital independence for those who cannot afford smartphones.» «Jio Bharat also supports UPI payments.

Larsen and Toubro (L&T) has fixed September 12 as the record date for its Rs 10,000 crore buyback, which will be done through the tender route. The record date will determine the number of shareholders who will be eligible to participate in the buyback. The company has recently received shareholder's approval for the same. Under the proposed buyback of shares, L&T will take back 3.3 crore shares from shareholders at a maximum price of up to Rs 3,000 apiece, a 17% premium from the market price from the date of announcement. «The buyback committee may determine the specific price at which the buyback will be made, at an appropriate time, which will be subject to the final buyback offer price and adjust the number of equity shares within the buyback size,» L&T said. This is the first buyback announced by the company since the listing. The amount required by the company for the buyback is intended to be met out of current surplus or cash balances or cash available from internal accruals. Under a buyback, the company buys back its own shares from shareholders and it is seen as a tax-efficient way to give cash back to investors.

TVS Motor has undergone a transformative journey. This ability to understand and solve customer needs in markets globally and deliver satisfactory products, has emboldened the company to chart a bold new path. With a remarkable ability to weather economic fluctuations, TVS Motor has forged a reputation for resilience.

Sarv Jatiya Hindu Mahapanchayat's call for a 'shobha yatra' on Monday, officials said. Authorities have denied permission for the yatra. As a precautionary measure, the Nuh district administration has already ordered the closure of educational institutions and banks on Monday, suspended mobile Internet and bulk SMS services, and imposed prohibitory orders in the communally-sensitive district. Outsiders have been barred from entering Nuh with security personnel being deployed at all the entry points of the district.Haryana Police personnel and paramilitary forces have been deployed to keep a strict vigil. Security has been tightened at inter-state and inter-district borders, they said. Multiple layers of barricades have been erected by police at various points and all vehicles entering Nuh were thoroughly checked by security personnel.

Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle unit and the two companies will form a strategic partnership. Xpeng's shares surged around 16% in early Monday trade. As part of the deal, which could be worth as much as $744 million, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment. «Project 'MONA' will accelerate the Company's production and sales growth and help achieve greater economies of scale,» Xpeng said in a statement. Didi will support the launch by «providing access to its mobility market» and the two companies will explore strategic cooperation in a number of areas, including marketing, financial and insurance services. Didi will acquire around 3.25% of Xpeng shares under the deal, which could increase depending on whether production and sales targets are fulfilled.

Nuh Violence LIVE: Permission denied to carry out procession today; VHP adamant on taking out ‘Shobha Yatra’ 1. Security has been beefed up in Nuh district and other areas and outsiders will be barred from entering Nuh. According to a police spokesperson in Nuh, 1,900 Haryana Police personnel and 24 companies of paramilitary forces have been deployed.

(Reuters) — Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it is facing technical problems with its systems impacting various banking channels.

HONG KONG (Reuters) — Chinese electric car company Xpeng (NYSE:XPEV) said it will acquire ride-hailing giant Didi's smart electric vehicle unit and the two companies will form a strategic partnership.

(Reuters) -Electric vehicle maker BYD Co (SZ:002594) Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean division to buy its mobility business in China for 15.8 billion yuan ($2.17 billion).