News Updates: PM Modi says he will address B20 Summit India 2023 tomorrow, adds this key G20 platform unites business stakeholders for economic growth focus.
August 26, 2023 / 09:57 PM IST
Indian Air Force’s Southern Air Command (SAC) showcases fighter jets on Shanghumugham Beach in Thiruvananthapuram to celebrate 40th anniversary
August 26, 2023 / 09:54 PM IST
Indian diaspora joins ‘India Day’ celebrations at Navnat Center in London
“The Navnat Center in London hosts ‘India Day’ celebrations, drawing participation from the Indian diaspora to commemorate India’s 77th Independence Day and the cccomplishment of Chandrayaan-3’s successful landing.
#WATCH | ‘India Day’ celebrated at the Navnat Center in London. People from the Indian diaspora participated in the event to celebrate India’s 77th Independence Day and the successful landing of Chandrayaan-3 pic.twitter.com/BRu5lyr5vP
— ANI (@ANI) August 26, 2023
August 26, 2023 / 09:49 PM IST
PM Modi to address B20 Summit India 2023 tomorrow
PM Narendra Modi says this key G20 platform unites business stakeholders for economic growth focus.
“At 12 noon tomorrow, 27th August, I will be addressing the B20 Summit India 2023. This platform is bringing together a wide range of stakeholders working in the business world. It is among the most important G20 Groups, with a clear focus on boosting economic growth,” tweets PM.
August 26, 2023 / 09:43 PM IST
BWF World Championship Semi-Final: HS Prannoy wins opening game 21-18
August 26, 2023 / 09:21 PM IST
UPI has empowered India leading to a revolution: Justice Yashwant Varma
Technology has changed the way we work, communicate, educate and learn, Justice Yashwant Varma of the Delhi High Court said on Saturday, adding that unified payments interface (UPI) has empowered India leading to a revolution. Speaking at the Indian Science Competition hosted by Anand and Anand law firm, Justice Varma called the initiative a great step.
August 26, 2023 / 09:14 PM IST
PM Modi halts speech to assist person in distress
Prime Minister Narendra Modi halted his speech and asked doctors from his team to attend to a person who had fainted during a function at the Palam airport here on Saturday. Modi was addressing a function organised to welcome him on his return from official visits to South Africa and Greece, and to mark the successful landing of the Chandrayaan-3 mission on the Moon. During his speech, Modi noticed that a person in the crowd had taken ill, apparently due to the afternoon heat, and stopped his address.
August 26, 2023 / 08:52 PM IST
India considering EVs for priority sector lending, official says
India’s finance ministry is considering a proposal to include electric vehicles under the Reserve Bank of India’s (RBI) priority sector guidelines, a move that would make it cheaper to raise funds, a government official said on Saturday. The proposal was made to the finance ministry by the power ministry. “We will discuss with the RBI, and a detailed examination will be done,” the official said, requesting anonymity because the discussions are ongoing.
August 26, 2023 / 08:35 PM IST
India considers raising retirement age for state-owned bank bosses
India is considering raising the retirement age for chairmen and managing directors of state-owned banks, which control over 60% of the banking system’s assets, a government official said on Saturday. The proposal under consideration is to raise the age limit for the chairman of the country’s largest lender, State Bank of India (SBI), to 65 years from 63 years, and that for managing directors of other state-owned banks to 62 years from 60, the official said.
August 26, 2023 / 08:19 PM IST
Over 50 cr Jan Dhan accounts opened in past 9 years, total deposits cross Rs 2 lakh cr
More than 50.09 crore accounts have been opened under the PM Jan Dhan Yojana in the last nine years and the deposit balance swelled to over Rs 2.03 lakh crore, the Finance Ministry said on Saturday. The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on August 28, 2014, with the aim to provide universal banking services through the opening of zero-balance bank accounts for every unbanked household, based on the guiding principles of banking the unbanked, securing the unsecured and funding the unfunded.
August 26, 2023 / 07:51 PM IST
SBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDs
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC. The proposal before the government also includes hiking the retirement age limit of managing directors of public sector banks (PSBs) to 62 years, from the current 60 years, a senior government official said on Saturday.
August 26, 2023 / 07:28 PM IST
Awaiting India’s response on dispute settlement mechanism in proposed investment protection pact: EU trade commissioner
The European Union is awaiting India’s response to its proposal for setting up a dedicated dispute settlement mechanism under the bilateral investment protection pact that is being negotiated along with an ambitious free trade agreement (FTA) by the two sides, a top EU official said on Saturday. The EU’s Executive Vice-President and Commissioner for TradeValdisDombrovskistold a select group of journalists that both sides are engaged in “intensive” negotiations on the proposed FTA and that “progress” has been made on various issues.
August 26, 2023 / 06:58 PM IST
Assam’s Tezpur University researcher part of ISRO’s solar mission
A PhD student of Assam’sTezpurUniversity is working hard as a member of the team behind India’s first solar mission, scheduled to be launched next month by the Indian Space ResearchOrganisation(ISRO).JanmejoySarkarjoined the ambitiousAdityaL1 mission as a Senior Research Fellow from the Inter-UniversityCentrefor Astronomy and Astrophysics (IUCAA) in Pune two years ago, the university said in a statement on Saturday.
August 26, 2023 / 06:27 PM IST
News Alert
No capital infusion in non-life general insurance companies in FY24: Senior Finance Ministry official
August 26, 2023 / 06:21 PM IST
Manipur: Upcoming assembly session just an eyewash, not in public interest, says Congress
Former Manipur chief minister and Congress leader Okram Ibobi Singh on Saturday said the upcoming assembly session on August 29 is just an eyewash and not in public interest. Speaking to reporters at the Congress Bhavan here, Okram said, “I attended the meeting of the business advisory committee (BAC) today (Saturday) and learnt that the session will be just for a day. Since it is a constitutional obligation to hold a session before September 2, Tuesday’s session has been called.”
August 26, 2023 / 06:04 PM IST
B20 Summit Live Updates: Sanjiv Puri speaks
“ISBB(International Sustainability Standards Board) standards will become useful and impactful only if there is a capacity to understand and interpret it. So, we need to develop the capacity of regulators and interpreters. These standards should be regulated rather than voluntary. Only then it will become mainstream, otherwise it will remain with very few companies.”
August 26, 2023 / 05:51 PM IST
DIAL spokesperson on the upcoming G20 summit in Delhi: Delhi Airport is fully equipped with ample parking space for aircraft
“So far, we have received requests for cancellation of approximately 80 departing and 80 arriving domestic flights over 3 days, which is a mere 6% of the normal domestic operations at Delhi Airport. The restrictions will not cause any impact on international flights.” they added.
August 26, 2023 / 05:43 PM IST
B20 Summit Live Updates: Call for clear and uniform ESG framework to drive adoption: Sanjiv Puri
“We need to have simple framework, something which is clearly defined and could be uniformly adopted, to accelerate the adoption of ESG” the Chairman & Managing Director, ITC Ltd, India said.
August 26, 2023 / 05:28 PM IST
Chhattisgarh CM Baghel writes to PM, seeks probe into toilet construction during BJP rule
Chhattisgarh Chief Minister Bhupesh Baghel on Saturday wrote a letter to Prime Minister Narendra Modi seeking investigation into the toilet construction in the state during the previous BJP government. Despite Chhattisgarh being declared as an Open Defecation-Free (ODF) state in 2018, around 15 lakh families are yet to have access to advanced toilet facilities, he claimed.
August 26, 2023 / 05:14 PM IST
XLRI, CMC Vellore sign pact for healthcare professionals
Country’s premier B-school XLRI and Christian Medical College (CMC), Vellore, have signed a memorandum of understanding (MoU) to jointly develop and offer a variety of management programmes and collaborative research to address the future needs of healthcare professionals. Both institutions have a rich legacy of offering high-quality, relevant, cutting-edge educational programmes and grooming well-rounded, responsible professionals to address the growing needs of industry and the nation, a XLRI statement on Saturday said.
August 26, 2023 / 04:56 PM IST
NCCF procures 2,826 tn onion from farmers for buffer stock; to scale up buying in coming days
The National Cooperative Consumers’ Federation of India (NCCF) on Saturday said it has purchased 2,826 tonnes of onion at Rs 2,410 per quintal directly from farmers in the last four days mostly from Maharashtra as it resumed procurement of the bulb for a higher buffer stock. The government enhanced the onion buffer stock target from 3 lakh tonnes to 5 lakh tonnes this year.
August 26, 2023 / 04:31 PM IST
Castrol appoints Rohit Talwar as Vice President and Head of Marketing
Talwarwill hold office from 1 November 2023. JayaJarmani, his predecessor has taken a year’ssabbatical.
August 26, 2023 / 04:05 PM IST
Karur Vysya Bank strengthens branch network
Private sector Karur Vysya Bank strengthening its footprint has inaugurated 10 new branches in the Southern region, the Tamil Nadu-based bank said on Saturday. The bank has inaugurated six new branches in Tamil Nadu, two in Andhra Pradesh and one each in Telangana and Karnataka respectively. With the inauguration of new branches, the total branch network increased to 822, a bank statement said.
August 26, 2023 / 03:58 PM IST
Adani-Hindenburg row: SEBI’s inability to reach final conclusion ‘deeply worrying’, says Congress
The Congress on Saturday said stock market regulator SEBI’s inability to reach a conclusive finding on the allegations of round-tripping and money laundering by the Adani Group was “deeply worrying”. Congress general secretary Jairam Ramesh said the Securities and Exchange Board of India (SEBI) has admitted this in its status report to the Supreme Court and added only a Joint Parliamentary Committee (JPC) can examine how the government flouted norms and procedures to help Prime Minister Narendra Modi’s “favourite business group”.
August 26, 2023 / 03:38 PM IST
BP urges more oil, gas investment while speeding energy transition
Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions. Global gas prices surged seven-fold last year as 3% of global gas supplies were hit following Russia’s invasion of Ukraine, forcing countries to boost energy spending and shift to coal, BP CEO Bernard Looney said in New Delhi. “We need to do both. We need to invest in today’s energy system responsibly and, at the same time, we must invest in accelerating energy transition,” Looney told the B20 conference.
August 26, 2023 / 03:23 PM IST
B20 Summit Live Updates: Mastercard CEO Michael Miebach addresses B20 Summit
Resilience was the focus of conversation in this task force. It is time that we all perform better in protecting and driving resilience: Miebach Michael, Chief Executive Officer, Mastercard, USA at the session on Financial Inclusion for Economic Empowerment at B20 Summit India
August 26, 2023 / 03:09 PM IST
Rajasthan govt sanctions Rs 265 crore for 15 water projects
The Rajasthan government has sanctioned Rs 265.64 crore for 15 water projects, it said in a statement on Saturday.The state government is continuously strengthening water projects to ensure irrigation and drinking water supply. Chief Minister Ashok Gehlot has given financial approval of Rs 265.64 crore for 15 works in this sequence, it said.With this approval, 15 works related to the Rajasthan Water Sector Livelihood Improvement Project will be carried out, along with various announcements made in the budget.
August 26, 2023 / 02:57 PM IST
Home Minister Amit Shah in Rajasthan Live Updates: Union Home minister demands resignation of Rajasthan CM Ashok Gehlot
At ‘Sahkar Kishan Sammelan’, Union Home Minister Amit Shah demands resignation of Rajasthan CM Ashok Gehlot over ‘red diary’, which allegedly contains details of his financial transactions
August 26, 2023 / 02:48 PM IST
Home Minister Amit Shah in Rajasthan Live Updates: Union Home minister Amit Shah talks about Chandrayaan 3
At ‘Sahkar Kishan Sammelan’, Union Home Minister Amit Shah says, “PM Modi gave our space mission new speed and energy…Today, I want to tell the people who raised slogans that instead of raising slogans, if they had pushed forward Chandrayaan, then they would not have come to the point of raising slogans…”
August 26, 2023 / 02:40 PM IST
Home Minister Amit Shah in Rajasthan Live Updates: Union Home minister Amit Shah lambasts Rajasthan CM Ashok Gehlot
Speaking at the ‘Sahkar Kishan Sammelan’, Union Home Minister Amit Shah said, “…Nowadays, Rajasthan CM Ashok Gehlot is very scared of red diary. But why is he scared?… Inside the red diary, there are black deeds hidden. The red diary consists of details of the corruption worth crores…”
August 26, 2023 / 02:37 PM IST
Home Minister Amit Shah in Rajasthan Live Updates: Union Home minister Amit Shah addresses’Sahakar Kisaan Sammelan’
“For the last 75 years, farmers wanted a separate Ministry of Cooperation. PM Modi fulfilled this 75-year-long demand of farmers,” says Union Home minister Amit Shah in his address during ‘Sahakar Kisaan Sammelan’ in Gangapur, Rajasthan.
August 26, 2023 / 02:28 PM IST
B20 Summit Live Updates: Mastercard CEO Michael Miebach addresses B20 Summit
Mastercard CEO Michael Miebach said, “Small busineses, and people who do not have any support has hit the most during the last year pandemic”
August 26, 2023 / 02:23 PM IST
B20 India Summit Live Updates: Need to put existential viability above business viability, says Uday Kotak
Veteran banker Uday Kotak pitched for sustainable development, saying existential risk of planet should be given more importance to than business profitability and growth. Read here
August 26, 2023 / 02:09 PM IST
Tamil Nadu train-fire Live Updates:Tamil Nadu Minister Ma Subramanian addresses train-fire mishap
Tamil Nadu Minister Ma Subramanian says, “Nine people died in the incident, out of which four people have been identified. The injured in the accident are being treated. After the postmortem, the bodies will be sent to their hometown. We are talking to the Uttar Pradesh government.”
August 26, 2023 / 01:52 PM IST
Tamil Nadu train-fire Live Updates: Divisional Railway Manager Aditya Kumar addresses Tamil Nadu train-fire mishap
“This train has started from Lucknow and has been booked by a private tourist agency through IRCTC and due to illegal cylinder use this incident took place, as per the information received so far… Madurai division is doing the further proceedings. We’ll act upon the information received from Madurai Division… The booking was of 63 people,” says Divisional Railway Manager Aditya Kumar on Madurai train fire incident.
August 26, 2023 / 01:50 PM IST
News Alert
DCW chief Swati Maliwal issues notice to Delhi Police over the rape of two minors in two separate cases in one hotel in Jagatpuri Delhi.
August 26, 2023 / 01:39 PM IST
B20 Summit Live Updates: Sun Xiao, Secretary General, CCOIC says ‘Ultimate goal of growth is to increase the happiness of people’
“The ultimate goal of growth is to increase the happiness of the people rather than to increase the deposits in their bank accounts,” says SUN Xiao, Secretary General, China Chamber of International Commerce (CCOIC), China
August 26, 2023 / 01:30 PM IST
B20 Summit Live Updates: Martin Schroeter, Chairman and CEO, Kyndryl, USA highlights role of technology in connecting people
“India has used technology to bring people into the economy through straightforward approaches. The Indian government has connected people by giving access to internet and technology, and bringing public and private institutions to educate people how to use it,” says Martin Schroeter, Chairman and Chief Executive Officer, Kyndryl, USA
August 26, 2023 / 01:26 PM IST
B20 Summit Live Updates: “Inequality is the number 1 issue that we face today,” says Bob Sternfels, Global Managing Partner, McKinsey & Company
Bob Sternfels the Global Managing Partner, McKinsey & Company, USA said “Cross country income gaps are narrowing however, 70% of the current population lives in a country where income gap is widening.In the last 30 years, 1 billion people have been lifted out of poverty and 60% of the world’s growth is run by low-income countries”. Sternfels added that growth can be inclusive through three ideas, “Broader participation in capital markets, Stimulating SME growth and accelerating technology”.
August 26, 2023 / 01:22 PM IST
B20 Summit Live Updates:’Current inequality increase result of Covid 19…,’ says John Denton, Secretary General, ICC
“The current inequality increase is the consequence of COVID-19, the Russia-Ukraine war, and protectionism.The International Chamber of Commerce wants to reanimate trade as a driver to decrease inequality,”John Denton, Secretary General of the International Chamber of Commerce said
August 26, 2023 / 01:19 PM IST
PM Modi in Delhi Live Updates: PM Modi speaks about India’s vision to be a developed country by 2047
“21st century is driven by technology. This is the need of the hour that in order to become a developed country by 2047, we have to strongly march forward on the path of science and technology,” says PM Modi in his address at Palam airport, Delhi.
August 26, 2023 / 01:08 PM IST
PM Modi in Delhi Live Updates: PM Modi addresses people at Palam airport in Delhi
When we achieve some success, we resolve to prepare for new heights,” says PM Modi in his address at Palam airport, Delhi.
August 26, 2023 / 01:07 PM IST
PM Modi in Delhi Live Updates: BJP National President JP Nadda says ‘Your(PM Modi) guidance & direction have made Chandrayaan-3 a successful project’
On PM Modi’s arrival, BJP national president JP Nadda said, “PM Modi returned from a 4-day visit to South Africa and Greece. Your guidance & direction have made Chandrayaan-3 a successful project. It is making the whole nation proud… Your commitment and dedication show that you went to Bengaluru directly and met the ISRO scientists who set a record for India with their hard work… In 2019 when Chandrayaan-2 could not succeed, everyone was disappointed. The PM came forward and cheered the nation… Today the nation has established itself in the field of science and space… The world is appreciating India’s science and research. Prime Minister’s guidance has given us the chance to experience this moment…”
August 26, 2023 / 01:04 PM IST
PM Modi in Delhi Live Updates: PM directs all govt departments to involve space technology in delivery of services
Directed all govt departments to involve space technology in delivery of services to people in transparent manner says PM Modi
August 26, 2023 / 01:02 PM IST
PM Modi in Delhi Live Updates: PM Modi highlights role of Chandrayaan 2 in Chandrayaan 3’s success
“When Chandrayaan-3 was successful, we also named the spot (where Chandrayaan-2 left its footprint on the Moon in 2019) as ‘Tiranga’. ‘Tiranga’ gives us the strength to fight every obstacle. When Chandrayaan-2 failed, ‘Tiranga’ became an inspiration for Chandrayaan-3,” says PM Modi while addressing people gathered outside Palam airport, Delhi.
August 26, 2023 / 01:00 PM IST
PM Modi in Delhi Live Updates: PM Modi urges people of Delhi to ensure G20’s success
Delhi hosting G20 Summit; people may face inconvenience, but we have to ensure its success says PM Modi
August 26, 2023 / 12:58 PM IST
PM Modi in Delhi Live Updates: PM Modi addresses people gathered at Palam airport
” I went to attend BRICS in South Africa…I got a lot of congratulatory messages during BRICS for Chandrayaan-3. The whole world has sent congratulatory messages”, says Prime Minister Narendra Modi at Palam airport
August 26, 2023 / 12:54 PM IST
B20 Summit Live Updates: CEO, Tata Sons, Roopa Purushothaman addresses rising inequality
“Though equality between countries has got better but inequality within countries has also increased in a few decades” says CEO, Tata Sons, Roopa Purushothaman
August 26, 2023 / 12:53 PM IST
B20 Summit Live Updates: CEO, Tata Sons, Roopa Purushothaman, says ‘inclusivity is foundation of deliberations’
Roopa Purushothaman, Chief Economist and Head of Policy Advocacy, Tata Sons, India spoke at the B20 Summit and said, “Inclusivity has been the foundation of the deliberations at the B20 summit. Across this decade, we have seen inequality increase across any measure”
August 26, 2023 / 12:42 PM IST
Air India safety audit Live Updates: Lapses found in Air India’s internal safety audit
A two-member inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in internal safety audits of Air India. The findings of the surveillance team have raised a host of serious concerns and are being looked into further, the DGCA said
August 26, 2023 / 12:40 PM IST
PM Modi in Delhi Live Updates: BJP President JP Nadda welcomes PM Modi
“I thank and welcome PM Modi on behalf of all the people who have gathered here,” says BJP president JP Nadda as PM Modi arrives at Palam airport, Delhi.
