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Nitin Gadkari stated on Tuesday that highway agencies should not charge tolls if roads are not in good condition, emphasizing that poor road quality and prolonged wait times at toll plazas are unacceptable, a TOI article stated. Speaking at a global workshop on satellite-based tolling, set to be implemented over 5,000 km this financial year, Gadkari underscored the necessity for highway agencies to provide efficient services before collecting toll fees. “If you don’t provide good services, you should not charge toll,” Gadkari asserted. “We are in a hurry to start tolling to collect user fees and protect our interest. When the condition of any road is not good I get numerous complaints and there are social media posts all over...You should collect the user fee where you provide the best quality road. If you collect toll on roads with potholes, mud, then there will be a backlash from people. We (political leaders) face people’s ire.” Gadkari emphasized that field officers of National Highway (NH) agencies must be sensitive to the public's pain caused by delays at toll plazas, advocating for a mechanism to quickly address grievances. The minister's remarks reflect a growing frustration among commuters regarding the state of highways and toll collection practices.

Infosys has been hit by another lawsuit over a cyberattack on US subsidiary Infosys McCamish Systems (IMS) in November last year. Kelly Collins, the plaintiff, filed the case in May in the US District Court for the Northern District of Georgia, as per a court document seen by ET. Infosys had disclosed the cybersecurity incident at IMS on November 3, 2023. On March 6, a class action complaint was filed against IMS by another individual, John McNally.

Taipei: Taiwan, on Wednesday, reported that a total of 18 China's People's Liberation Army (PLA) aircraft and 6 People's Liberation Army Navy (PLAN) vessels were detected operating around Taiwan as of 6 am (local time), Taiwan News reported. According to the Ministry of National Defence, of the 18 People's Liberation Army (PLA) aircraft, five crossed the Taiwan Strait median line in the northern, southwestern, and eastern sectors of the country's air defence identification zone (ADIZ). In response, Taiwan sent aircraft and naval ships and deployed coastal-based missile systems to monitor PLA activity, as per Taiwan News.

visit Russia in July. However, he refused to comment on the development until the visit was publicly confirmed by the two governments. Asked about the US reaction as PM Modi is expected to visit Russia to meet Russian President Vladimir Putin next month, Miller responded, «So we've seen those reports. I haven't seen a visit publicly confirmed by either of the countries. So, I think I'll wait to decline comment until I see them publicly actually confirmed by the governments in question.» His remarks came after reports claimed that India and Russia are making arrangements for an upcoming visit by PM Modi to Russia. Russian Foreign Policy Adviser Yuri Ushakov confirmed the development, Russia-based RIA Novosti reported.

InterGlobe Aviation Ltd. slipped 0.1 per cent to Rs 4232.15 in Wednesday's trade as of 11:42AM (IST). The stock hit a high price of Rs 4265.7 and low of Rs 4227.05 during the session.

? The amount die-hard fans are willing to shelve to catch Telugu superstar Prabhas may make you dumbfounded. According to a News18 report, fans are willing to shelve as high as Rs 2300 to bag a ticket for ‘Kalki 2898 AD’. What makes this news even more astounding is that these are not fans from regions such as Telangana and Andhra Pradesh, which are considered the mainstay of Telugu stars, but Mumbai! Yes, you read that right! The most expensive ticket for the upcoming epic sci-fi fantasy is being sold in Mumbai.

Arvind Kejriwal in an alleged money laundering case, the Central Bureau of Investigation (CBI) has intensified its scrutiny. This move comes as the CBI interrogated Kejriwal at Tihar Jail on Tuesday, where he has been held since his arrest by the Enforcement Directorate (ED) on March 21. The CBI is now set to approach a Delhi court to seek custody of Kejriwal on Wednesday. According to news reports by India Today, as told to them by sources, the CBI may arrest Arvind Kejriwal and demand his custody. A vacation bench led by Justice Sudhir Kumar Jain granted the Enforcement Directorate's (ED) application to halt the bail order issued by the trial court on June 20. The court criticized the trial judge for what it described as a rushed decision without fully examining the extensive material provided by both parties, calling it «perverse.»

Meanwhile, the broader market continued its upward journey so far this year as well with the Nifty smallcap and midcap indices rising 20% each.

Supreme Court is set to hear Delhi Chief Minister Arvind Kejriwal’s plea today on June 26. The plea challenges the Delhi High Court’s decision to stay the earlier bail granted to Aam Aadmi Party chief by the trial court in connection with the Delhi liquor policy caseThe case is under investigation by the Enforcement Directorate (ED).

Paul Graham of Y Combinator recently shared an anecdote that perfectly encapsulates the challenge of regulating artificial intelligence (AI). When he asked someone helping the British government with it what they would regulate, the response was a refreshingly honest, “I’m not sure yet." As Graham noted, this might be the most intelligent thing anyone has said about AI regulation thus far. AI creates a “pacing problem," first explained in Larry Downes’ book The Laws of Disruption.

GEM Enviro Management made a stellar market debut today, as its shares opened at ₹142.50 each on BSE SME, indicating a premium of 90% over the issue price of ₹75. The price continued to surge post the listing to hit the ₹149 mark, a 99% premium over the issue price.The SME IPO, valued at ₹44.93 crore, was open for subscription from June 19 to June 21, 2024, at a price between 71 and 75 per share.

trade ban: GNFC, PNB, SAIL, and Indus Towers. Balrampur Chini Mills, Chambal Fertilisers, Granules, and Piramal Enterprises have successfully exited the ban list, while the remaining stocks continue to be restricted from F&O trading.

Reddit said on Tuesday it will update a web standard used by the platform to block automated data scraping from its website, following reports that AI startups were bypassing the rule to gather content for their systems. The move comes at a time when artificial intelligence firms have been accused of plagiarizing content from publishers to create AI-generated summaries without giving credit or asking for permission.

Avalon Technologies with a target price of Rs 700. The current market price of Avalon Technologies Ltd. is Rs 557.55. Avalon Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 3650.67 Crore) operating in General sector.

Gold prices were flat on Wednesday as the dollar and Treasury yields held firm ahead of a key inflation reading due later this week, which could provide more clarity on the Federal Reserve's interest rate path. FUNDAMENTALS

Yemen's Houthi rebels early Wednesday targeted a ship in the Gulf of Aden and the southern Israeli port city of Eilat, authorities said. The attacks follow the departure of the USS Dwight D. Eisenhower after an eight-month deployment in which the aircraft carrier led the American response to the Houthi assaults. Those attacks have reduced shipping drastically through the route crucial to Asian, Middle East and European markets in a campaign the Houthis say will continue as long as the Israel-Hamas war in the Gaza Strip rages. The ship attack happened off the coast of Aden, the British military's United Kingdom Maritime Trade Operations center said.

Oil prices fell in early Asian trade on Wednesday after an industry group reported a surprise jump in U.S. stockpiles, fueling concerns about weaker-than-expected demand in the top oil consuming nation. Brent crude oil futures fell 19 cents, or 0.2%, to $84.82 a barrel by 0023 GMT. U.S. West Texas Intermediate crude futures fell 11 cents, or 0.1%, to $80.72 per barrel.

Also read | Route Mobile to become $1 billion business: Proximus Group CEO Belgium-based Proximus Group, which has acquired a majority stake in Route Mobile, intends to double the group's revenues to $3 billion in 3-4 years, on the back of synergies from the new acquisition, Mint reported in May 2024. Within that, Route Mobile alone is expected to generate $1 billion in revenues, the report said.

Sensex surged 712.44 points, or 0.92%, to close at 78,053.52, while the Nifty 50 settled 183.45 points, or 0.78%, higher at 23,721.30.“After the last few range bound sessions, investors placed bullish bets on banking and select frontline IT stocks which helped benchmark indices scale fresh highs even as the majority of the sectors ended in red. Most of the private banking stocks had missed the upsurge seen in recent weeks and hence there was a flurry of activity in the financial space ahead of the monthly expiry on Thursday," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.Also Read: Weekly picks: Motilal Oswal suggests these three stocks to buy today predicting up to 9% upsideHere are key domestic and global market cues for Sensex today:Asian markets traded mostly lower on Wednesday tracking mixed cues overnight from US stocksJapan’s Nikkei 225 rose 0.26%, while the Topix fell 0.17%.

₹169.77 crore—including ₹44.3 crore for the April-December 2023 period and ₹73.47 crore for Q4—for the differential regulatory fee, pending Sebi’s final decision on its request. While BSE declined to comment on the matter, a query to Sebi went unanswered. Notional turnover refers to the total value of an options contract while premium turnover refers to the actual traded value.

Read here: Nvidia stock rebounds, lifts Nasdaq higherLast week, Nvidia briefly became the world’s most valuable company, surpassing the market value of Microsoft. The company has positioned itself as the dominant provider of chips to support artificial intelligence applications and have made it emblematic of this year’s tech-driven boom in US stocks.Nvidia stock price is up 154% this year and has accounted for nearly 30% of the S&P 500’s year-to-date return as of Monday’s close, according to S&P Dow Jones Indices, Reuters reported.