Indian lawyers and activists are calling on Prime Minister Narendra Modi's government to halt the implementation of new criminal laws, arguing they will increase litigation in an overburdened justice system and grant excessive powers to police. The new laws, effective since July 1, replace the Indian Penal Code of 1860, the 1973 Code of Criminal Procedure, and the Indian Evidence Act of 1872. They expand police powers, introduce the death penalty for gang-rape of minors, and impose strict deadlines for judicial rulings. Читать дальше...
French President Emmanuel Macron has asked Prime Minister Gabriel Attal to remain in office for the time being to ensure stability in the country. Attal had previously offered his resignation, but is prepared to stay as a caretaker.
EEPC India has also proposed that MSME manufacturing units that are Partnership/LLP/Sole Proprietor be given an Income Tax slab of 25% with the condition that they plough back this extra 10% in the business.
Godrej Industries Ltd announced on Monday that its chemicals business unit will acquire Shree Vallabh Chemicals' Ethoxylation unit II in Kheda, Gujarat, for an estimated Rs 45 crore. This acquisition will allow Godrej Industries to expand its product range by incorporating Ethoxylation technology into its existing portfolio.
The All India Council for Technical Education (AICTE) and OPPO India have launched the 'Generation Green' campaign, a 100-day initiative managed by 1M1B, to promote green skills among youth through 5,000 internships across Indian colleges. The campaign aligns with LinkedIn's Global Green Skills Report 2023, which highlights that job seekers with green skills are 29% more likely to get hired. The initiative aims to cultivate climate-conscious skills in students, enhancing their employability and contributing to sustainability efforts.
The Indian rupee closed almost unchanged against the U.S. dollar, with state-run bank bids and offers keeping the currency in a narrow range.
Guacamole, hummus and other healthy and tasty dips to pair with your snacks
Kolkata markets are experiencing high retail prices for vegetables, eggs, and poultry meat, causing suffering for the common man. Tomato prices have risen by nearly 150 per cent to Rs 80-100 per kg, while Brinjal is selling for Rs 110-140 per kg. Other vegetables, such as bitter gourd, green chilli, and bottle gourd, have also increased by an average of 50%. Egg and poultry meat prices have risen by 20-30 per cent in local markets.
The Indian Navy's P-8I aircraft has joined RIMPAC 2024, the world's largest international maritime exercise hosted by the US Pacific Fleet in Hawaii. With 29 participating countries, including India, RIMPAC aims to enhance multilateral relations and operational readiness across the Indo-Pacific. The exercise, running from June 27 to August 1, features diverse activities such as combat simulations, amphibious operations, and cyber exercises. India's involvement underscores its commitment to regional... Читать дальше...
Harshit Kapadia of Elara Securities prefers Hindustan Aeronautics, Bharat Electronics (PSU) and Data Patterns, Astra Microwave, Zen Technologies (private). Modi's Russia visit for defense ties boosts small arms and air defense. Hindustan Aeronautics tops Kapadia's list. Indigenization, order books, manufacturing, shipbuilding timelines (6-11 years), and fighter aircraft offer valuation gaps for PSU stocks.
India's labour ministry has refuted Citigroup's report that New Delhi will struggle to create sufficient employment opportunities despite a 7% growth rate. The ministry cited that the report does not analyze all official data sources available in the public domain, and that India has generated over 8 crore employment opportunities from 2017-18 to 2021-22, despite the COVID-19 pandemic.
Ashima Goyal emphasised that capacity needs to expand in health, education, environment, courts, policing as well as in infrastructure. "Rising agricultural productivity and strong supply chains are necessary to reduce volatility in food prices," she said, adding that many of these require good coordination with the states.
Mihir Shah caused a fatal accident killing Kaveri Nakhwa and injuring her husband near Bandra-Worli Sea Link. Son of Rajesh Shah, he might have been drunk. The car and driver Rajrishi Bidawat were found in Kalanagar. A Look Out Circular is issued. Stricter hit-and-run laws are being enforced.
SAR Televenture announced a composite equity issue of Rs 450 crore through a rights issue and follow-on public offering.
Anand Mahindra praised 9-year-old Indian-origin talent Pranysqa Mishra for her impressive performance on 'America's Got Talent.' Residing in Florida, Pranysqa wowed judges with Tina Turner's 'River Deep Mountain High,' receiving the Golden Buzzer from Heidi Klum, who was left in awe by her singing prowess.
Bhavish Aggarwal, CEO of Ola, has strongly supported Narayan Murthy’s proposal advocating a 70-hour workweek for young professionals. In an exclusive podcast interview with ANI, Aggarwal praised Murthy's leadership during his return to Infosys in 2013, emphasizing the transformative impact he had on the company. Aggarwal also expressed admiration for Steve Jobs and his influence on him, citing his preference for Apple products. Additionally, Aggarwal raised concerns about "techno-colonialism," highlighting... Читать дальше...
Neet UG 2024 Supreme Court Hearing | The Supreme Court, during a hearing on Monday, acknowledged evidence of a question paper leak in the NEET-UG exam. With 67 candidates scoring perfect marks, the Court highlighted the anomaly compared to previous years and hinted at a potential re-test if the leak spread via social media. Over 50 successful Gujarat candidates have petitioned to prevent exam cancellation, opposed by the Centre and the NTA, who argue that scrapping the test would unfairly impact honest students.
Mercedes-Benz India, under CEO Santosh Iyer, launched the EQA 250 and EQB 350 to attract new luxury car buyers. Upcoming EVs include the EQS Maybach SUV and electrified G-Class, priced over Rs 3 crore. They achieved their best sales in 2023 and 60% EV growth in H1 2024, targeting Rs 1 crore income households for double-digit growth.
Welspun One has raised Rs 2,275 crore through its second fund, attracting a diverse pool of investors. The fund aims to invest in new age warehousing assets to enhance logistics infrastructure in India and contribute to economic growth.
The Supreme Court has appointed former Chief Justice of India U U Lalit to lead a search-cum-selection committee for appointing vice-chancellors in West Bengal's state-run universities. This decision comes amid ongoing disputes between the West Bengal government and Governor C V Ananda Bose over university administration. A bench of Justices Surya Kant and Ujjal Bhuyan ordered the formation of the committee within two weeks, which will include five members.
The SME IPO of Ganesh Green Bharat was booked over 35 times so far on the second day of the bidding process. The issue, which closes tomorrow, received bids for 15 crore shares as against 45 lakh shares on offer.
Rajesh Shah, the father of Mihir Shah, made several calls to his son after Mihir was involved in a hit-and-run incident in Worli, resulting in the death of 45-year-old Kaveri Nakhwa. Prior to the accident, Mihir had been partying with friends at a pub in Juhu. The Mumbai Police have formed 14 teams to locate Mihir, who is currently missing, and have issued a lookout notice for him. Maharashtra Chief Minister Eknath Shinde has expressed concern over the rise in hit-and-run incidents and stated that... Читать дальше...
Prominent Indian businessman Ram Buxani, known for his leadership in the UAE's Indian community, passed away at 83. He was chairman of ITL Cosmos group and renowned for his philanthropy. India's Ambassador to the UAE, Sanjay Sudhir, expressed deep sorrow, calling Buxani a guide and role model. Known for his warmth and entrepreneurial spirit, Buxani's sudden death has prompted an outpouring of condolences from across the community. The exact cause of death, reportedly a fall in his bathroom, has not been officially confirmed.
