Traffic Financial News

MeitY) to take strong steps to check rampant instances of spam and phishing communications that are rapidly shifting to over-the-top (OTT) apps, such as WhatsApp and Telegram. The OTT apps currently fall under MeitY's mandate in terms of regulatory compliance — not under The Telecom Regulatory Authority of India (Trai) and the telecom department. The latter have been taking several steps to check the menace of pesky calls and messages which are used to perpetrate financial fraud as well. In a recent meeting of the joint committee of regulators, officials of Trai asked Meity officials to take steps to control the menace being now perpetrated also through the communication apps.

Bengaluru has alleged that she was harassed and physically assaulted by an auto driver after she canceled a ride booked through Ola. The incident occurred on Wednesday when she and her friend booked two autos. Ola has responded to her complaint on social media, promising an investigation. The Additional Director General of Police Traffic and Road Safety, Alok Kumar, also assured that appropriate action would be taken. According to the woman, the incident began when she canceled her friend's auto ride. She arrived first, and her friend canceled her booking. The other auto driver then followed them, visibly angry. Despite her attempts to explain the situation, the driver started shouting and hurling abuse. «Yesterday in Bangalore (Bengaluru), my friend & I booked two autos on Ola due to peak hours. I arrived first, so she canceled hers. The other auto driver followed us, furious. Despite explaining the situation, he started shouting and hurling abuse,» she said.

Nitin Gadkari on Wednesday said two-wheeler manufacturers should provide helmet to the purchaser of the vehicle at a discount or reasonable rate as many people die in road accidents just for not wearing helmets. Addressing an event here, Gadkari said 50,029 people lost their lives in accidents in the country in 2022 when they were not wearing helmets. «I am thinking of requesting two-wheeler manufacturers… if they can give some reasonable discount on helmets to the purchaser of the vehicle then we can save the life of the people,» he said. The road transport and highways minister also stressed on the need to plan the parking arrangement for school buses.

Significant traffic jams were reported in various parts of Delhi, including South, Central, and North Delhi, as well as in New Delhi, Noida, and Gurugram. The Delhi Traffic Police has issued a traffic advisory due to severe water logging at Mundka, which has significantly impacted traffic flow on Rohtak Road.

raising fresh capital. In the first eight months of 2024, 55 companies raised ₹58,400 crore through QIPs, the second-highest ever after ₹80,800 crore in 2020. With several companies announcing plans to raise funds, QIPs are on track to break records in 2024. The corporate sector is taking advantage of the vibrant equity markets to strengthen balance sheets and raise the required resources to fund expansion plans, said market participants.

India’s G20 Sherpa Amitabh Kant said on Tuesday that the disparity in taxes India imposes on electric vehicles (EVs) and hybrids will “continue for a long time." The goal is to increase battery manufacturing and accelerate the electrification of transport. With India having set itself a target of net-zero carbon emissions by 2070, the country needs to decarbonize.

New Delhi: The Centre has prepared a five-year plan for developing and expanding more than 50 airports in smaller cities, two senior officials aware of the development said on condition of anonymity. The move is in line with anticipated growth in air travel demand in these cities.

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Another death is being linked to dangerous Takata air bag inflators by U.S. regulators, the 28th in the United States

Himachal Pradesh Teacher Eligibility Test (HP TET) June 2024 exam. The results are available on the official HPBOSE website, hpbose.org. Out of 41,675 registered candidates, 37,826 appeared for the exam, with only 4,882 passing, resulting in a pass rate of approximately 12.9%. Candidates who took the HP TET June 2024 exam are encouraged to visit the HPBOSE website to download their scorecards by entering their roll numbers and application numbers. The HP TET is an essential requirement for those aspiring to teach at the elementary level (Classes 1 to 5) in Himachal Pradesh. This exam evaluates the teaching abilities and subject knowledge of candidates. To pass, General Category candidates need to achieve at least 60% (90 marks), while candidates from OBC, SC, ST, and PH categories require a minimum of 55% (82 marks).

IndiGo on Monday has started to operate 35 flights from the new building of the Terminal 1 of Delhi’s Indira Gandhi International Airport, reported TOI. Operations from the terminal were smooth, said officials. IndiGo and Spicejet have now partially shifted their operations at T1. «Flight operations were smooth after 35 IndiGo departures were shifted to the new T1 from Monday,» said an airport official.

The project will generate direct employment for about 102 lakh man-days, or what Vaishnaw described as «human days», during the construction. Prime Minister Narendra Modi said in a post on X, «Today's Cabinet decision will improve connectivity between Mumbai and Indore. In addition to boosting commerce, it will also provide employment opportunities to several people.»

The transportation sector has been severely impacted, with the South Central Railway, headquartered in Secunderabad, canceling numerous train services and rerouting others. The India Meteorological Department (IMD) has issued a warning for extremely heavy rainfall in Adilabad district on Monday.

Hyderabad on Saturday caused significant disruptions across the city, leading to widespread waterlogging and massive traffic jams. The downpour, which began as a light drizzle around 5 am, continued throughout the day, severely affecting daily life. IMD has predicted heavy rains are expected in various parts of Hyderabad for the next 2-3 days.

monsoon remained active over Telangana, bringing heavy to very heavy rainfall across various districts, including the capital Hyderabad. On Saturday, Hyderabad witnessed heavy waterlogging in some parts of the city, leading to disruption in traffic. Narayanpet witnessed particularly heavy rainfall at isolated spots, while Mahabubabad experienced significant downpours across most areas. Additionally, Warangal, Bhadradri Kothagudem, Khammam, Mahabubnagar, Mulugu, Nagarkurnool, Suryapet, and Wanaparthy were impacted by isolated showers of varying intensity.

Ashish Kacholia, who is known for spotting many multibagger stocks, recently took to social media after missing a flight from Bengaluru to Mumbai due to an error in Google Maps. Kacholia said that the mapping application significantly underestimated the travel time from his location in Bengaluru to Kempegowda International Airport (KIA). Kacholia was traveling from HSR Layout, a residential area in Bengaluru, to KIA, a distance of about 55 km. Google Maps, the ace investor said, initially estimated the journey would take around 1 hour and 45 minutes. However, due to Bengaluru’s infamous traffic congestion and unexpected rainfall, the trip extended to three hours, causing Kacholia to miss his flight. A social media user suggested that the ace investor should have asked him to drop him to the airport on his bike. Ashish Kacholia said in jest: «Next time.»

When actions need approval or authorization, someone is usually waiting for a “green light." “Fed Gives Green Light to Lowering Interest Rates," blared headlines after a recent speech by Federal Reserve Chair Jerome Powell. Other papers reported that season four of the Apple TV series “Ted Lasso“ is “Close to a Green Light." The latest Covid-19 vaccines have received a “green light" from the Food and Drug Administration. “Green light" is also part of the colorful metaphorical language exchanged between writers and editors.

cyclone «Asna,» a deep depression over the Arabian Sea, causing heavy rains in Gujarat, is likely to move West-Northwest over the Northeast Arabian sea and away from the Indian Coast during the next 24 hours. Additionally, the IMD stated that the deep depression has been moving at a speed of 14 km per hour with a latitude of 23.6° N and a longitude of 66.4°E, 250 km West of Naliya in Gujarat, 160 km South-South West of Karachi in Pakistan, and 350 km East- Southeast of Pasni in Pakistan. Earlier on Friday, IMD scientist Ramashray Yadav said that Ahmedabad and Gandhinagar would receive light to moderate rains.

India as road accidents. Despite a decline in road crashes globally, India's numbers are on the rise — it accounts for 6% globally, with a 10% increase over 2019. Which is why road transport minister Nitin Gadkari's concern over these numbers are more than understandable.

Noida International Airport in Uttar Pradesh's Jewar are in full swing with work being done in partnership with Air India SATS, NIA Chief Executive Officer Christoph Schnellmann said on Thursday and noted there will be cargo capacity for well over one lakh tonnes of cargo when the facility opens. Schnellmann told that work on the passenger terminal is also in full swing. «The development works on the cargo terminal and multimodal cargo hub are in full swing as well. We're working in partnership with Air India SATS who have designed the facility, who are constructing the facility and who will operate the facility. There will be a capacity for well over 1 lakh tonnes of cargo when the facility opens and it's designed in a modular fashion to grow with the demand. We plan to submit our application for the aerodrome license this year,» he said.

Icra Ltd. This, he said, was largely attributable to rising demand for international travel for leisure, jobs—primarily in the Middle East—and studies. India's aviation market—the world's third largest and also the fastest growing—is on the cusp of a boom as the economy expands and incomes rise, prompting airlines to add capacity.