Thursday, March 13

National News

No payment problem with Russia on oil imports: Oil Minister Hardeep Singh Puri
No Comments
Business News, Feature, National News

No payment problem with Russia on oil imports: Oil Minister Hardeep Singh Puri

New Delhi, January 03, 2023.Oil Minister Hardeep Singh Puri on Wednesday said there are no payment problems in buying oil from Russia and the recent decline in purchase is a function of discounts they offer.He said Russian oil made up for just 0.2 per cent of all the oil that India imported in February 2022, before the start of the Russia-Ukraine war.Post the Ukraine war, some Western nations shunned Russian oil, leading to Moscow offering discounts. This led to Indian refiners lapping up the discounted oil. The discounts made Russia India's top oil supplier with a 40 per cent share. The share fell when the discounts were lower.
Read More
Truck drivers coming back to work,
No Comments
Feature, National News

Truck drivers coming back to work,

New Delhi, January 03, 2024.Truck drivers, who went on strike to protest against the new stringent law on hit-and-run cases, have started coming back to work and normalcy will return in a day or two, truckers’ body All India Motor Transport Congress (AIMTC) said on Wednesday.AIMTC on Tuesday appealed to protesting truck drivers to end their strike after the government assurance that the decision to invoke stringent jail and fine provisions for hit-and-run cases under the Bharatiya Nyay Sanhita (BNS) will be taken after consultation with the truckers’ body.Representatives of AIMTC met Union Home Secretary Ajay Bhalla on Tuesday to raise the issue of stringent provisions for hit-and-run cases.
Read More
Bajaj Finance Ltd. turns up new year’s excitement with Digital Fixed Deposit experience @ upto 8.85%
No Comments
Business News, Feature, National News

Bajaj Finance Ltd. turns up new year’s excitement with Digital Fixed Deposit experience @ upto 8.85%

Mumbai, January 03, 2024.Bajaj Finance Ltd., part of Bajaj Finserv, one of the country’s largest financial services groups, today announced the launch of Digital Fixed Deposit (FD), offering exclusive rates of up to 8.85% on deposits booked via its App and Website.Coinciding with the turn of the year, the Digital FD transforms the saving experience by encouraging customers to use digital and assisted digital mode to book deposits. The journey on the Bajaj Finserv app and website is simple, safe and seamless with near-instant FD booking.Effective January 2, 2024, Bajaj Finance is offering upto 8.85% per annum to senior citizensfor a tenure of 42 months for FDs booked on the Bajaj Finserv App and web. Depositors below 60 years can earn up to 8.60 per cent per annum. The revised r...
Read More
HERO MOTOCORP’S GURUGRAM MANUFACTURING FACILITY WINSCII NATIONAL AWARD
No Comments
Automobile News, Feature, National News

HERO MOTOCORP’S GURUGRAM MANUFACTURING FACILITY WINSCII NATIONAL AWARD

New Delhi, January 03, 2024The state-of-the-art manufacturing facility of Hero MotoCorp, situated in Gurugram in Haryana, has been conferred with the CII National Award for Excellence in Water Management, and rated as the ‘Winner’ in the ‘Within the Fence’ category.This is a recognition of the Company’s innovation and excellence in water management and the positive outcome of the water management initiatives at its Gurugram facility.As an organization,Hero MotoCorpis well on its way to achieving its committed target of being 500% water positive by 2025. Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters - is currently saving close to 3.8 million kiloliters of water every year.The Company is rapidly moving towards ‘water stewardship’ by not only red...
Read More
Anupam Kaura joins Kotak Mahindra Bank as its Chief Human Resources Officer
No Comments
Business News, Feature, National News

Anupam Kaura joins Kotak Mahindra Bank as its Chief Human Resources Officer

Mumbai,3rd January 2024.Kotak Mahindra Bank Limited (“KMBL”/“Kotak”)today announced the appointment of Anupam Kaura as Chief Human Resources Officer (CHRO) to spearhead organizational transformation, in the journey of ‘accelerating change’at Kotak. Anupam joins Kotak from CRISIL Ltd, London, UK where as Global Chief Human Resources Officer (CHRO) and overseeing Corporate Administration was responsible for various crucial aspects such as Talent Strategy, Performance and Rewards, Learning and Development (L&D), Culture Transformation, and overall organizational transformation efforts.  In the past year, Kotak has made global hires for key business priorities such as technology, customer experience and product.Anupam brings with him over 25 years of relevant experience in lea...
Read More
Union Minister Of Skill Development and Entrepreneurship, Shri Dharmendra Pradhan Flags Off ‘Kaushal Rath’ to Empower Odisha’s Youth
No Comments
Feature, National News

Union Minister Of Skill Development and Entrepreneurship, Shri Dharmendra Pradhan Flags Off ‘Kaushal Rath’ to Empower Odisha’s Youth

Sambalpur, January , 2024.In a bid to develop the potential of the younger generation in building 'Viksit Bharat' by 2047,Union Minister of Skill Development and Entrepreneurship, Shri Dharmendra Pradhanlaunched the "Kaushal Rath", a bus providing skills on wheels.This transformative initiative, led by NSDC, aims to provide accessible and hands-on skill training to foster growth and innovation.These specialized mobile buses are designed to provide skill training and certification to aspiringcandidates across Odisha’sSambalpur, Angul & Deogarh districts.Equipped with state-of-the-art tools, facilities, and certified trainers, these buses will offer training and certification across course modules including Digital Literacy, Financial Literacy, Retail & Entrepreneurial Skills...
Read More
IHCL AND IFC MAKE STRIDES IN ECO-FRIENDLY HOSPITALITY
No Comments
Business News, Feature, National News

IHCL AND IFC MAKE STRIDES IN ECO-FRIENDLY HOSPITALITY

JAIPUR, JANUARY, 2024. India's leading hospitality company, Indian Hotels Company (IHCL) today announced the successful completion of nine pioneering pilot projects in collaboration with IFC’s TechEmerge Sustainable Cooling Innovation Program, within a short span of 18 months. This underscores the company’s unwavering commitment to fostering environmentally responsible practices to bring efficient, climate-smart, cost-effective cooling solutions to India's hospitality sector.Mr. Gaurav Pokhariyal, Executive Vice President - Human Resources, IHCL, said, "IHCL with Paathya, its comprehensive ESG+ platform, is committed to driving sustainability and social impact measures.  The rigorous testing of nine innovative cooling solutions has allowed us to validate their real-world ...
Read More
Guwahati takes the green route with 100 Tata Motors electric buses
No Comments
Automobile News, Business News, Feature, National News

Guwahati takes the green route with 100 Tata Motors electric buses

Guwahati, 2nd January 2024.Tata Motors, India’s largest commercial vehicle manufacturer, today announced that it has supplied 100 electric buses to Assam State Transport Corporation (ASTC). The 9-metre, air-conditioned Tata Ultra electric buses that will ply on the roads of Guwahati are designed to provide a safe, comfortable and convenient intra-city commute. These zero-emission buses are indigenously built on a next-gen architecture, equipped with the latest features and are powered by advanced battery systems. The buses were launched by the Hon’ble Chief Minister of Assam, Dr. HimantaBiswaSarma on 1 January 2024.Commenting on the announcement, Mr. Rohit Srivastava, Vice President & Business Head – CV Passengers, Tata Motors, said, “Making public transport more effective and ...
Read More
Truckers’ protest leads to panic buying of fuel, govt holds talks to resolve issue
No Comments
Feature, National News

Truckers’ protest leads to panic buying of fuel, govt holds talks to resolve issue

New Delhi, January 02, 2024.Protests were held in many states on the second day of the strike by some truckers' associations against stricter punishments in the new law on hit-and-run cases, even as the government began talks on Tuesday with the agitating groups to end the stir that threatened to impact the supply of essentials and led to panic buying of fuel in several places.Towards the evening, truck drivers in Maharashtra's Nashik district called off their strike after local authorities assured them of looking into their demands. However, Rajasthan saw some violence on Monday night as a mob burnt a police vehicle and pelted stones at security personnel, leaving three injured in Kekri district.Some truck, bus and tanker operators began a three-day strike on Monday in several...
Read More
LIC gets GST demand notice of Rs 116 crore
No Comments
Feature, National News

LIC gets GST demand notice of Rs 116 crore

New Delhi, January 02, 2023.Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 116 crore on it for short payment of Goods and Services Tax (GST) for 2017-18.The company has received communication/demand order for interest and penalty for Telangana state on January 2, LIC said in a regulatory filing.The corporation shall file an appeal before Joint Commissioner (ST), Hyderabad Rural Division against the said order within the prescribed timelines.
Read More
TVS Motor Company’s Sales Grow By 25% in December 2023
No Comments
Automobile News, Business News, Feature, National News

TVS Motor Company’s Sales Grow By 25% in December 2023

New Delhi, January 02, 2023.TVS Motor Company recorded monthly sales of 301,898 units in December 2023 with a growth of 25% as against 242,012 units in the month of December 2022. Two-WheelerTotal two-wheelers registered a growth of 27% with sales increasing from 227,666 units in December 2022 to 290,064 units in December 2023. Domestic two-wheeler registered growth of 33% with sales increasing from 161,369 units in December 2022 to 214,988 units in December 2023. Motorcycle registered a growth of 19% with sales increasing from 124,705 units in December 2022 to 148,049 units in December 2023. Scooter registered a growth of 34% with sales increasing from 76,766 units in December 2022 to 103,167 units in December 2023. Electric VehicleThe Comp...
Read More
Five nations become full members of BRICS
No Comments
Feature, National News

Five nations become full members of BRICS

New Delhi, January 02, 2023.The BRICS bloc of top emerging economies, including India, Russia and China, has announced induction of five full members into it as part of an attempt to expand its strategic heft against the backdrop of Western dominance in world affairs.As Moscow assumed the presidency of BRICS, Russian President Vladimir Putin said on Monday that the grouping has become a 10-nation body now with Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates joining it as new members.In August, the top BRICS leaders at the grouping's summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1.
Read More
Newton School of Technology opens first round of admission for B.Tech in Computer Science and Artificial Intelligence for Class of 2024
No Comments
Feature, National News

Newton School of Technology opens first round of admission for B.Tech in Computer Science and Artificial Intelligence for Class of 2024

New Delhi, 02 January 2024.Following the tremendous success of the inaugural cohort of the on-campus Bachelor of Technology in Computer Science and Artificial Intelligence program, Newton School of Technology, in collaboration with Rishihood University, is now accepting applications for the online entrance exam NSAT (Newton Scholastic Aptitude Test) for the batch of 2024. Beginning December 22,  students from across the country who have secured more than 50% in their Higher Secondary School exams in 2022, 2023 or 2024- from a recognised board can apply for a B.Tech. in Computer Science and Artificial Intelligence here.Through the early intake round, applicants can avail a bunch of scholarships and increase their chances of admissions. Based on NSAT, Interview scores, JEE, CBSE...
Read More
Tata Motors registered total sales of 234,981 units in Q3FY24
No Comments
Automobile News, Business News, Feature, National News

Tata Motors registered total sales of 234,981 units in Q3FY24

Mumbai, January 2024.Tata Motors sales in the domestic & international market forQ3FY 2023-24 stood at 234,981 vehicles, compared to 228,169units during Q3FY 2022-23Domestic Sales Performance:Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change Total Domestic Sales 76,13872,9974%229,610223,0013%Commercial Vehicles:Category Dec’23 Dec’22 % Change Q3 FY24Q3 FY23 % Change HCV Trucks  11,19910,17810%29,65627,6257%ILMCV Trucks 5,6755,2558%15,41114,0929%Passenger Carriers  3,0602,69414%7,7046,49419%SCV cargo and pickup 12,73414,827-14%38,96443,493-10%Total CV Domestic 32,66832,954-1%91,73591,7040%CV IB 1,51299552%4,7914,21014%Total CV 34,18033,9491%96...
Read More
Air India Express to start direct flights connecting Ayodhya with Bengaluru, Kolkata from January 17
No Comments
Feature, National News

Air India Express to start direct flights connecting Ayodhya with Bengaluru, Kolkata from January 17

New Delhi, December 29, 2023.Air India Express on Friday said it will start direct flights connecting Ayodhya with Bengaluru and Kolkata from January 17.Earlier this month, the airline announced direct flight between Ayodhya and Delhi.In a release, the airline said the flights on the Bengaluru-Ayodhya and Kolkata-Ayodhya routes will be launched on January 17.
Read More
Indian Navy unveils new design for admirals’ epaulettes
No Comments
Feature, National News

Indian Navy unveils new design for admirals’ epaulettes

New Delhi, December 29, 2023.The Indian Navy unveiled a new design for Admirals' epaulettes on Friday, drawing inspiration from the legacy of Chhatrapati Shivaji Maharaj.The unveiling of the epaulettes, a shoulder piece worn to show the rank of an officer, came three-and-a-half weeks after Prime Minister Narendra Modi made an announcement on it.In his address at the Navy Day celebrations at Sindhudurg in Maharashtra on December 4, Modi expressed happiness that the epaulettes donned by the naval officers will now highlight the heritage and legacy of Chhatrapati Shivaji Maharaj.
Read More
Uday Kotak, the founder and director of Kotak Mahindra Bank, Sharing his year end musings
No Comments
Feature, National News

Uday Kotak, the founder and director of Kotak Mahindra Bank, Sharing his year end musings

New Delhi, December 29, 2023.Uday Kotak, the founder and director of Kotak Mahindra Bank, Sharing his year end musings. A Financial Sector Model for India’s dream: 9% annual growth, $30 trillion GDP by 2047.India is transforming from a nation of savers to investors. The tussle between the saver/ borrower and issuer/ investor model is underway.In the early 80s, the Indian saver had low confidence in financial assets versus gold and land. Slowly the saver moved some part to bank deposits, UTI and LIC.Even in the 90s, investing in equities was considered “speculative”. Hence companies looking for capital went to the foreign institutional investor (FII). FIIs saw potential and bought into companies while the Indian saver stayed away. Companies raised capital through the less kn...
Read More
Ministry of Skill Development and Entrpreneurship facilitates strategic partnership for the implementation of PMJANMAN scheme
No Comments
Feature, National News

Ministry of Skill Development and Entrpreneurship facilitates strategic partnership for the implementation of PMJANMAN scheme

New Delhi December, 2023.National Institute for Entrepreneurship and Small Business Development (NIESBUD), under the aegis of Ministry of Skill Development and Entrepreneurship (MSDE), and Tribal Cooperative Marketing Development Federation of India (TRIFED), under the Ministry of Tribal Affairs, today signed an MoU for the implementation of the Pradhan Mantri Janjatiya Abhiyaan (PMJANMAN) Scheme in Particularly Vulnerable Tribal Groups (PVTGs) habitations. The partnership is a strategic plan to converge efforts towards attaining the vocational education and skilling component under the scheme.Speaking on the occasion, Shri Atul Kumar Tiwari, Secretary, MSDE, said, “in the quest for an equitable society, skilling will play a transformational role in upgrading the livelihood op...
Read More
Government will sell rice at ₹25 per kg
No Comments
Business News, Feature, Food and Beverages, National News

Government will sell rice at ₹25 per kg

Jaipur, December 28, 2023.The government will now sell rice at Rs 25 per kg under the Bharat brand. The government is doing this to control the rise in rice prices. The government already sells flour and pulses under this brand. At present the average price of rice in the country is Rs 43 per kg.It will be sold through the National Agricultural Cooperative Marketing Federation of India (Nafed), National Cooperative Consumers Federation (NCCF) and Kendriya Bhandar outlets.
Read More
Tesla’s first India manufacturing plant likely to be set up in Gujarat
No Comments
Automobile News, Business News, Feature, National News

Tesla’s first India manufacturing plant likely to be set up in Gujarat

New Delhi, December 28, 2023.Electric vehicle (EV) manufacturing giant Tesla is likely to establish its first local India manufacturing plant in Gujarat.An announcement is likely to be made during the Vibrant Gujarat Summit scheduled for January 2024, with Tesla CEO Elon Musk likely to be present for the occasion.As per the report, Gujarat's strategic advantages, including its favourable business environment and strategic location, have positioned it as the preferred destination for Tesla's manufacturing endeavours.
Read More
Bhupinder Singh became the chairman of the new committee of wrestling association.
No Comments
Feature, National News, Sports News

Bhupinder Singh became the chairman of the new committee of wrestling association.

New Delhi, December 28, 2023.The Indian Olympic Association on Wednesday formed an ad-hoc committee on Wednesday to look into the matters of the federation just days after the newly elected Wrestling Federation of India body was suspended by the Sports Ministry.The committee will be led by Wushu Association of India Bhupinder Singh Bajwa who is the chairman and will also consist of Olympian MM Somaya and former international badminton player Manjusha Kanwar.“The IOA has recently become aware that the recently appointed President and officials of WFI have made arbitrary decisions in violation of their own constitutional provisions and against the principles of good governance espoused by IOC and further without following due process overturned the rulings of the IOA- appointed A...
Read More
PM Modi to inaugurate multiple development projects, flag off trains in Ayodhya on December 30
No Comments
Feature, National News

PM Modi to inaugurate multiple development projects, flag off trains in Ayodhya on December 30

New Delhi, December 28, 2023.Ahead of the consecration ceremony at the Ram temple in Ayodhya, Prime Minister Narendra Modi will inaugurate a slew of development projects in the Uttar Pradesh city on December 30, including an airport and a redeveloped railway station, and flag off two new Amrit Bharat and six new Vande Bharat trains.Modi will launch projects worth more than Rs 11,100 crore to revamp civic facilities and develop world-class infrastructure in Ayodhya and projects worth over Rs 4,600 crore for other parts of Uttar Pradesh.A statement issued by the Prime Minister's Office (PMO) said Modi's vision is to develop modern, world-class infrastructure in Ayodhya, improve connectivity and revamp its civic facilities, which also conform to the rich history and heritage of th...
Read More
Bull run: Investors’ wealth climbs Rs 12.80 lakh cr in five days
No Comments
Business News, Feature, National News

Bull run: Investors’ wealth climbs Rs 12.80 lakh cr in five days

New Delhi, December 28, 2023.With the equity markets rallying for the fifth day running, investors' wealth climbed Rs 12.80 lakh crore, amid prevailing bullish sentiments due to optimism over the country's macroeconomic fundamentals and fresh foreign fund inflows.The 30-share BSE Sensex jumped 371.95 points or 0.52 per cent to settle at an all-time closing high of 72,410.38 on Thursday. During the day, it rallied 445.91 points or 0.61 per cent to reach its lifetime peak of 72,484.34.
Read More
Verified by MonsterInsights