RAI Financial News

Hurriyat Conference on Monday said it has always believed in the dialogue process and had conveyed the same to Lok Sabha member Asaduddin Owaisi in 2016, when Hurriyat leaders were in detention in Srinagar.

chip fabrication and packaging as well as other companies in the ecosystem under the second phase of the India Semiconductor Mission (ISM), said ISM CEO Akash Tripathi.

Brevity has its own advantages. And the country's top judge, Chief Justice of India DY Chandrachud, makes the most of it in his administrative avatar. On Monday, he disclosed that he marks a case with «NTD» — which means «not to be deleted» — to ensure that the registry does not delete the said case fixed for hearing on a certain date. He disclosed this on the request of a counsel urging that his case be not deleted from the cause list already fixed for hearing. Apple iPhone 16 LaunchA

The iPhone 16 series is rumored to include several variants: the base iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. This new generation is anticipated to be the most powerful and feature-rich iPhone lineup yet, particularly the Pro models. A notable addition is expected to be Apple Intelligence, which will integrate advanced AI features across all variants.

EV transition of fleets by companies is 'very important' to 'somewhat important' in reducing air pollution and emissions, according to a study released by Sustainability Mobility Network (SMN) on Monday. The study, 'Consumer Perceptions & Insights in the Last Mile Delivery Sector for the Transition to Electric Vehicles (EV)', has also concluded that more than 80 per cent of respondents from Bengaluru are willing to switch to a brand with strong emission reduction commitments. Last-mile delivery refers to the transportation of goods from its distribution hub to the door of the customer. As of 2024, the last mile delivery sector alone is responsible for the emission of 5 lakh tonnes of CO2, a greenhouse gas, into the atmosphere. In Karnataka, apart from Bengaluru, consumers from Hubli-Dharwad were also surveyed.

Manipur is escalated by the involvement of militants. Police have found that out of six people killed on Saturday in Jiribam three belonged to Kuki militant outfitKuki Liberation Army (KLA), a group that is under the Suspension of Operations (SoO) pact with the central government and one from on ceasefire Meitei outfit UNLF (P). Six people were killed in Jiribam district on Saturday. Among those killed one was a civilian and the rest were armed people. Manipur police has stated in X, “In c/w the case of 06.09.2024, suspected Kuki militants had attacked Nungchappi village under Jiribam District resulting in death one senior citizen civilian identified as Yurembam Kulendra Singha (63) yrs S/O.

Direct selling company Amway India on Monday announced an investment of $4 million in four research and development labs across India. Amway India, ultimate wholly owned subsidiary of the US $ 7.7 billion Amway Corporation, said in a statement that the investment would be infused on strengthening scientific capabilities and support in health and wellbeing. Rajneesh Chopra, managing director, Amway India, said: “There is a need for a transformative approach to nutrition and wellness in India, as the health landscape here faces significant challenges related to nutrition, lifestyle and gut health.”

Electric Mobility Promotion Scheme (EMPS) till the launch of the third edition of its flagship incentive scheme FAME (Faster Adoption and Manufacturing of Electric Vehicles), Union Minister for Heavy Industries H D Kumaraswamy Monday said. EMPS was scheduled to be in force till Sep 30. But the announcement for benefits to support adoption of e-mobility is likely to take another two months, Kumaraswamy said recently, necessitating an extension. “It will be extended till FAME comes,” Kumaraswamy said at the 64th Annual Session of the Automotive Component Manufacturers’ Association (ACMA).

Apple Inc.’s iPhone 16 line will be the focus of its product launch event Monday, its slumping wearable-device business is poised to get a boost as well. For the first time since the end of 2022, the company will unveil major changes to the Apple Watch and AirPods earbuds. All three versions of the smartwatch — the SE, standard Series line and Ultra — will get upgraded. And the two lower-end AirPods models will get the most significant update in their history. A lack of recent upgrades has weighed on sales of Apple’s wearables division, which also includes home products and accessories. The unit’s revenue is poised to decline for the second year in a row during fiscal 2024, which runs through September. But analysts expect the category to bounce back in 2025 with a 6.2% revenue gain to $39.5 billion.

AAP) on Monday released its first list of 20 candidates for the upcoming Haryana Assembly Elections amid alliance talks with Congress. The party led by Delhi chief minister Arvind Kejriwal had been stepping up pressure on the Congress for an alliance in the polls. Earlier today, AAP's state unit chief, Sushil Gupta, had said that his party will release the names of candidates from all the 90 seats if the deal is not finalised by the evening. The last date for filing nominations for the Haryana election is September 12. Polling is scheduled to be held on October 5.

Sabarkantha district, Gujarat. The incident occurred on Sunday when the couple attempted to cross a flooded causeway in Idar town. Local fire officials successfully rescued the couple once the water levels receded.

Indian IPO market is witnessing an unprecedented boom, with a strong surge in new issues this year. Next week, the momentum is set to peak with as many as 13 IPOs scheduled to hit the market, marking one of the largest clusters of offerings in a single week. Analysts said this flurry of activity reflects growing investor confidence and signals a vibrant capital-raising environment, underscoring India's robust economic fundamentals.

Infra lender National Bank for Financing Infrastructure and Development (NaBFID) has said that lack of data on the sector is making it difficult for them to convince the regulator about the need for higher provisioning for project loans in the sector. «For retail, there is credit bureau but similar thing in infra is not available But for the credit bureaus, where would have been the fintechs» said NABFID MD and CEO Rajkiran Rai ." Nabfid is a new organistion and when we were looking at pricing, we were looking for numbers (on losses). Nowhere is it available. Whatever is available is lopsided data, is not correct data" «When we were looking at pricing, we were looking for numbers (on losses). Nowhere is it available. Whatever is available is lopsided data, is not correct data. But for the credit bureaus, where would have been the fintechs. Such data is not available for the infrastructure sector» said NABFID MD and CEO Rajkiran Rai indicating that the sector does not have end to end data like retail or MSMEs .

Prozeal Green Energy and Nepalese firm Golyan Power have inked a joint venture agreement for setting up solar power projects in the Himalayan nation. The agreement was signed on Tuesday at Golyan Group headquarters in Kathmandu, marking a significant milestone in both companies' commitment to advancing renewable energy solutions, a statement said. The agreement was signed by Shobit Rai, Director of Prozeal Green Energy, and Akshay Golyan, Director of Golyan Power. The partnership underscores a shared vision to contribute meaningfully to a cleaner and greener future for Nepal.

Gopal Rai, Delhi Environment Minister and AAP leader, released a statement on Sunday regarding the possibility of cloud seeding (artificial rain) and the construction of smog towers in Delhi. Gopal Rai refuted the allegations by BJP leaders that the Delhi government was wasting money by not constructing smog towers. «Yesterday, BJP leaders said that money was wasted. They do not know that on the orders of the court, the Delhi government built a smog tower in Connaught Place and the centre built in Anand Vihar. In such a situation, how did the Delhi government waste money?», said the Delhi Environment minister. Rai criticised the condition of the smog tower built by the Union government in Anand Vihar, he added, «Also, find out what the condition of the smog tower built by the Centre is, and why are you hiding the smog tower of Anand Vihar. We are always ready to give all kinds of support to the Centre.»

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post-mortem of the 27 Indian pilgrims who were killed in the tragic bus accident in Nepal was underway in a hospital in the Bagmati province on Saturday, ahead of the transportation of the bodies to Maharashtra, a media report said. At least 27 Indian pilgrims, all from Maharashtra, who were in Nepal for a 10-day tour, were killed and 16 others injured after their bus veered off the highway and fell into a fast-flowing river in central Nepal on Friday. The post-mortem of bodies is being held in the Bharatpur Hospital in the Chitwan district of the Bagmati province, the MyRepublica news portal reported. The bodies were sent from the Anbu Khaireni Hospital to Chitwan for a post-mortem, the report said, quoting Deputy Superintendent of Police Deepak Rai.

Uttar Pradesh Congress Committee Chief, Ajay Rai and former state president Ajay Kumar Lallu among 100 other unknown people for creating disruptions near Raj Bhawan in Lucknow. Congress had on August 22, led by Rai staged a protest outside Raj Bhawan in Lucknow for a Joint Parliamentary Committee probe into the Hindenburg Report on Adgroup and Madhabi Puri Buch. The complaint against Rai was filed by Hazratganj sub-inspector, Rahul Singh.

film categories, have seen fierce competition this year. Here’s a detailed look at the nominees and the anticipated showdowns in different categories.

shooter Manu Bhaker's coach Jaspal Rana has slammed the national federation's «ever-changing» Olympic selection policy, saying that it has hurt some of the most promising talents in the past and will damage more youngsters if there is no consistency going forward. Rana, a pistol legend in his own right who won three Asiad gold medals in the 2006 edition, hardly minced words as he questioned the federation's tendency to make last-minute changes to its policy, and its stubborn refusal to acknowledge or facilitate the presence of shooters' personal coaches at national camps and trials. He made these observations during a visit to PTI headquarters with Bhaker, who won bronze medals in 10m air pistol and 10m air pistol mixed team (alongside Sarabjot Singh), for an interaction with its editors on Friday. «The (federation's) selection policy changes every six months. I met the sports minister and told him 'get the selection policy from the federation. Let them decide… whatever they decide, right or wrong, we are not discussing that, and then stick to it'.

Retailers Association of India (RAI) have urged the Delhi government and Municipal Corporation of Delhi (MCD), to reconsider the prohibitive signage fees currently being imposed in Delhi and the National Capital Region (NCR). These fees are significantly higher than those in other parts of India, placing a heavy financial burden on small and medium retail traders who rely on store signage to attract customers. RAI, representing approximately 13,667 member establishments nationwide, including large and small retailers, is committed to fostering a supportive environment for the growth of modern retail in India. The current signage fees in Delhi NCR, particularly in areas such as Janakpuri, are making it increasingly difficult for retailers to afford the necessary signage that highlights their stores to the public.