Industrialist Mukesh Ambani on Tuesday said the slowdown in the Indian economy was temporary and the recent measures taken by the government would help reverse the trend in the coming quarters. Speaking at Saudi Arabia’s annual investment forum, also known as ‘Davos in the desert’, he said the reforms undertaken …
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Govt. to work on relief package for telcos
Industry stares at over Rs. 1.4 lakh-crore payout to exchequer The government has constituted a Committee of Secretaries (CoS), headed by Cabinet Secretary Rajiv Gauba, to work out a relief package for the telecom sector, a move that may help mitigate the impact of the more than Rs. 1.4 lakh …
Read More »Automobile sales witness Diwali boom
The festive season has brought some relief to automakers, with passenger vehicle makers witnessing up to a 50% jump in retail sales during the Diwali period — driven mainly by high discounts — as compared to the festive season last year. Even though this growth comes on a low base …
Read More »Post-monsoon season sees excess rainfall
A prolonged south west monsoon, the onset of the north east monsoon, and cyclone Kyarr have resulted in a wet October across the State. October to December is considered the post-monsoon period, which includes the north east monsoon. Source : https://www.thehindu.com/todays-paper/post-monsoon-season-sees-excess-rainfall/article29828073.ece
Read More »City’s air quality dips with spike in stubble burning
Delhi’s air quality deteriorated further on Tuesday and remained one notch short of the ‘severe’ category (AQI 401), the worst for this season so far. The Air Quality Index on Tuesday was recorded at 400, ‘very poor’ category, at 4 p.m., which is the average of the past 24 hours, …
Read More »‘Kudankulam nuclear plant didn’t come under cyberattack’
Officials deny that the power unit site was hacked Hours after a cybersecurity expert claimed on Twitter that the Kudankulam Nuclear Power Plant’s (KKNPP) domain controller-level access could have been compromised, officials categorically denied it on Tuesday. KKNPP Site Director Sanjay Kumar said the totally isolated network of KKNPP could …
Read More »‘Deep discounts by e-com firms hitting GST revenue’
The Confederation of All India Traders (CAIT) has written to Finance Minister Nirmala Sitharaman alleging loss of GST revenue to the government due to deep discounting by e-commerce firms, particularly Amazon and Flipkart. Seeking investigation into the business model of both the players, CAIT said e-commerce companies sell goods much …
Read More »Third Brexit delay comes with conditions
French President Emmanuel Macron had been the main hurdle to giving Britain a Brexit extension, arguing there had to be a good reason for a delay and that the British needed to break their own political deadlock. But a source close to Mr. Macron said the prospect of an election …
Read More »Air India paints ‘Ek Onkar’ symbol on Boeing 787
Air India will launch a new flight connecting Amritsar with London Stansted on the 550th birth anniversary of Guru Nanak, founder of Sikhism, on October 31. The Boeing 787 aircraft, which will bring thousands of Sikhs to their most important pilgrim city, will also sport an important religious symbol ‘Ek …
Read More »‘Unintended pregnancy endangers mother, child’
A study conducted by the World Health Organization (WHO) in 36 countries found that two-thirds of sexually active women who wished to delay or limit childbearing stopped using contraception for the fear of side effects, health concerns and underestimation of the likelihood of conception. This led to one in four …
Read More »Second round of Smart Cities, AMRUT may roll out in 2020
Those who were left out will be covered, says Minister The second round of the Centre’s flagship urban development schemes — the Smart Cities Mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) — were being considered and could be rolled out in 2020, Union Minister of State …
Read More »NGT pulls up State over lack of progress in lake rejuvenation
The National Green Tribunal (NGT) pointed to ‘patent non-compliance in critical areas’ by the State and its authorities in matters relating to the highly polluted Bellandur, Agara and Varthur lakes in the city. During a recent hearing, the NGT’s Principal Bench, referring to the report submitted by the NGT-appointed committee …
Read More »Even short-term ‘vaping’ may cause Inflammation in non-smokers: Study
Even short-term use of e-cigarettes may cause cellular inflammation — a driver of lung cancer and other respiratory diseases — in non-smokers, according to a study. Researchers at the Ohio State University in the U.S. found the first evidence of biological changes linked to e-cigarette use.PTI Source : https://www.thehindu.com/todays-paper/tp-life/even-short-term-vaping-may-cause-inflammation-in-non-smokers-study/article29730605.ece
Read More »Meet the world’s fastest ant
It’s official: the Saharan silver ant is the fastest of the world’s 12,000 known ant species, clocking a blistering 855 millimetres — nearly a metre — per second, researchers said on Thursday. Measured another way, the six-legged sprinter covers 108 times its own body length per second, a feat topped …
Read More »Domestic air traffic growth at 1% in Sept.
Domestic aviation traffic grew at a measly rate of 1.18% in September as compared to the year ago period, according to the monthly data released by the Directorate General of Civil Aviation (DGCA). Airlines altogether flew 1.15 crore passengers last month as compared to 1.13 crore during the same period …
Read More »IL&FS completes sale of wind energy arm to Orix
Infrastructure Leasing and Financial Services (IL&FS), has completed its first asset sale plan, selling 51% stake in its wind energy arm to Orix Corporation. “The IL&FS Group has completed the sale process of its 51% stake, held through IL&FS Wind Energy Limited (IWEL) in seven operating wind power SPVs (with …
Read More »No better place to invest than India: FM
Investors can find no better place in the world than India that has a democracy- loving and a capitalist-respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors during an interaction session at the IMF’s headquarters that the government was continuously working towards bringing reforms. “It …
Read More »‘For FMCG, rural growth worst in 7 years’
For the first time in seven years, rural growth has fallen below that of urban for the fast-moving consumer goods (FMCG) industry, whose sales are often looked upon as a barometer of overall economic growth and consumption due to the range and reach of products across price points. According to …
Read More »TB cases see decrease in India
The tuberculosis incidence rate in India has decreased by almost 50,000 patients over the past one year, according to the World Health Organization (WHO)-2019 edition of the Global Tuberculosis (TB) Report released on Thursday. The report notes that in 2017, India had 27.4 lakh TB patients which came down to …
Read More »Karnataka most innovative State, says NITI Aayog
Karnataka has been ranked as the most innovative State in the NITI Aayog’s India Innovation Index 2019, released on Thursday. Tamil Nadu, Maharashtra, Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat and Andhra Pradesh follow in the rankings of the 10 major States, in that order. “The study examines the …
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