The Comptroller and Auditor General of India (CAG) has flagged financial losses to the Indian Railways to the tune of Rs 2604.40 crore in 33 case studies of non-recovery of loans and GST, improper decision to generate non-fare revenues, ineligible grant of concession, and unfruitful expenditures. According to the CAG, the instances mentioned in the report are those which came to notice in the test audit for the period 2021-22 as well as those which came to notice in earlier years, but could not be reported in the previous Audit Reports. Читать дальше...
The UN human rights office is expressing concerns about reports that Iran has executed 29 people over two days this week, with the rights chief decrying an alarmingly high number" of executions in such a short period of time. The office of the U.N. High Commissioner for Human Rights said Friday it has verified 38 people were executed in July, bringing the total number of executions to at least 345 this year mostly for drug offenses or murder including 15 women. Imposing the death penalty for offenses... Читать дальше...
The US economy expanded 2.8 per cent in the second quarter and 1.4 per cent in the first quarter of 2024
He discussed the company's Q1 performance, festival season plans, challenges and future plans
External Affairs Minister S Jaishankar arrived here on a three-day official visit to reset the bilateral relationship with the Maldives, the first high-level trip from India after the archipelago nation's pro-China president Mohamed Muizzu assumed office last year. Jaishankar's trip to the Maldives comes weeks after President Muizzu's visit to India in June to attend the swearing-in ceremony of Prime Minister Narendra Modi's government. The ties between India and the Maldives came under severe strain since Muizzu... Читать дальше...
UltraTech Cement's Rs 3,142 crore open offer for acquiring 26 per cent stake in India Cements Ltd (ICL) will tentatively open on September 19 and close on October 3. The Aditya Birla group flagship company has proposed to acquire 8.05 crore shares of ICL at Rs 390 apiece, said the draft of the offer submitted to bourses. The offer price is 6.3 per cent higher than the closing price of Rs 366.90 of ICL at BSE. The mandatory open offer was triggered after UltraTech on July 28 announced to acquire 32.72... Читать дальше...
The Comptroller and Auditor General of India said in its report that while carrying out an audit of Management of Health Services in Indian Railways' it observed the shortage of medical and para medical staff in test checked hospitals of the Zonal Railways. There was also shortage in availability of machines/medical equipment with reference to IPHS (Indian Public Health Standards) norms. Even the minimum requirement of machines/medical equipment as per clinical Establishment (Registration and Regulation) Act 2010 was not being met... Читать дальше...
Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business
The 'Great Wall of Indian Hockey' PR Sreejesh will soon be seen in a new role following his retirement from the sport, with Hockey India set to announce him as the coach of the junior national team. Sreejesh, 36, brought the curtain down on his illustrious goalkeeping career following India's victory over Spain in the bronze-medal match on Thursday. Sreejesh, whose glorious 18-year-long career saw India clinch two Olympic bronze medals (2020 Tokyo and 2024 Paris), is regarded as the best-ever hockey goalkeeper the country has produced. Читать дальше...
Sun TV Networks Ltd on Friday reported a decline of 5.48 per cent in its consolidated profit after tax at Rs 559.58 crore in the first quarter ended June 2024. The company had reported a PAT (profit after tax) of Rs 592.08 crore in the April-June period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations was down 2.72 per cent to Rs 1,312.40 crore during the quarter under review. It was at Rs 1,349.22 crore in the year-ago period. Читать дальше...
As many as 6,164 children aged between six months and six years, 2,638 adolescent girls, 232 pregnant women and 753 lactating mothers are residing in refugee camps in Manipur and they are linked to nearby anganwadi centres, the government informed Parliament on Friday. In a written reply to a question in the Lok Sabha on facilities provided to the women and children residing in Manipur's refugee camps, Women and Child Development Minister Annpurna Devi provided an update on the support being extended... Читать дальше...
UCO Bank reduces T-bill benchmark linked rates
IOCL to have $1 trillion turnover by 2047, supply 1/8th of India's energy needs
Alkem Laboratories on Friday said its consolidated net profit increased by 91 per cent to Rs 550 crore in the first quarter ended June 2024, aided by robust sales. The drug firm had reported a net profit of Rs 288 crore in the April-June quarter of last fiscal. Total income increased to Rs 3,152 crore in the first quarter as against Rs 3,033 crore in the year-ago period, Alkem Laboratories said in a regulatory filing. "We are happy that our efforts to improve profitability have started paying off... Читать дальше...
The divide within the auto industry recently came to the fore after a July 5 order by the Uttar Pradesh government to waive a registration tax of 8-10 per cent for strong hybrid vehicles
There are no plans to bring a law on electoral bonds for funding of political parties, the Lok Sabha was informed on Friday. The Lower House was also told that no proposal for funding of political parties through the Election Commission was under consideration of the government. In a written reply, Law Minister Arjun Ram Meghwal replied in the negative on whether the government had any plan to bring a law regarding electoral bonds for political party funding. He was also asked whether an alternative... Читать дальше...
Uneasy relations between Rajya Sabha chairman Jagdeep Dhankhar and opposition parties on Friday erupted in a heated exchange between the chair and Samajwadi Party MP Jaya Bachchan, leading to a walkout by opposition parties and Dhankhar calling it "disrespect to democracy and constitution". The cine star objected to the "tone" in which Dhankhar addressed her as well as switching off the mike of Leader of the Opposition Mallikarjun Kharge, triggering a heated exchange. The Chairman, who is also the Vice President of India... Читать дальше...
However, chairperson Saluja directed not to vest, exercise existing ESOPs
Railways earned approximately 5 per cent of its total revenue from flexi fare, tatkal and premium tatkal tickets from 2018-19 to 2022-23, Railway Minister Ashwini Vaishnaw said in a written reply in the Rajya Sabha on Friday. Vaishnaw gave the information responding CPI (M) MP John Brittas, who wanted the details of revenue earned by Railways on account of flexi fare, tatkal, premium tatkal and cancellation of tickets during last five years till March 3, 2024 and for the first quarter of 2024-25. Читать дальше...
GE Power India on Friday reported a narrowing of its consolidated loss to Rs 9.53 crore in the June 2024 quarter. The company suffered a consolidated net loss of Rs 135.79 crore in the quarter ended on June 30, 2023, according to a regulatory filing. Total income rose to Rs 465.80 crore in the quarter from Rs 440.28 crore in the same period a year ago. The Quarter Ended (QE) with an order backlog of Rs 3,917 crore up by 15.8 per cent compared to Rs 3,382.3 crore during the quarter ended in June 2023. Читать дальше...
LIC's VNB margins improved by 20 basis points (bps) to 13.90 per cent in Q1 FY25 over the same period last year due to a change in the business mix of the insurer
Eminent agri economist Ashok Gulati says imports likely to double in the next 5 yrs if policies remain unchanged
Arunachal Pradesh Chief Minister Pema Khandu on Friday said the state government is preparing a master plan for the long-term development of the twin capital cities, Itanagar and Naharlagun. Inaugurating a drinking water supply project at the Tomo Riba Institute of Health and Medical Sciences (TRIHMS) in Naharlagun, Khandu said the plan will focus on beautifying the state capital and upgrading colony roads. The new water supply project will significantly increase the institute's water capacity from 200,000 to 1.9 million litres daily... Читать дальше...
Apple is reportedly preparing a significant redesign of its Mac mini. Instagram doubled the media limit for carousel post. OpenAI offers DALL-E in free tier but with daily limit on image generation.
Aviation regulator DGCA has approved integrating the aircraft line maintenance operations of Air India and Vistara as the two airlines move close to their merger. In a release on Friday, Air India said the integration will help in optimising resources to enhance operational performance and reduce aircraft turnaround times to bolster on-time performance. "With a unified maintenance team and resources, Air India will be better positioned to service a mixed fleet of wide body and narrow body aircraft... Читать дальше...
