WDFC, expected to finish by December 2025, is 96.4% operational at a cost of Rs 72,000 crore. Land costs increased. 100 km left, R K Jain optimistic. WDFC links Gujarat ports to Jawaharlal Nehru Port. Eastern DFC cut coal transit time. WDFC cut freight time between Western and North India, improved NCR milk transport.
Microsoft outage today hit flight operations in the US as top American carriers were reportedly restoring operations. However, Chinese airlines have claimed that the global Microsoft-CrowdStrike IT outage didn't have any bearing on their scheduled operations on Friday.
India experienced a 3% drop in Q1 agricultural exports amid the Red Sea crisis, higher freight costs, and China-US logistics issues. Products under APEDA felt the impact. Increased US tariffs on Chinese goods led to container shortages. Rajesh Agrawal noted declines in maize exports and rice export controls. The July 2023 ban on non-basmati white rice exports allowed for some humanitarian exemptions. A recovery in rice and cashew exports is expected once logistics improve, despite ongoing regional crises.
The ICJ criticized Israel’s settlement policies and illegal occupation under the Geneva Convention. Israel captured the West Bank, east Jerusalem and Gaza Strip in the 1967 Mideast war. The Palestinians seek all three areas for an independent state.
Bitcoin saw a surge on Thursday, briefly reaching $65,000, a signal of upswing in investor confidence and market activity, thanks also to political events and announcements. Although the price did not hold, this jump marks an important recovery phase for the leading cryptocurrency. BlockDAG Network appears to be setting its name in stone in the blockchain industry, nearing on the $60 million milestone in its Initial Coin Offering (ICO).
Reports suggest that the Pakistani Army plans to establish internment centers in Balochistan, modeled after facilities in Khyber Pakhtunkhwa, reminiscent of Guantanamo Bay or 'black sites' in Afghanistan. Critics fear these centers could formalize enforced disappearances and human rights abuses. Former senator Farhatullah Babar has expressed concern, highlighting the potential for indefinite detention without trial. Rights groups allege thousands have already disappeared in Balochistan. The Pakistani... Читать дальше...
As per the NCAER-NSE quarterly survey, released on Friday, the Business Confidence Index (BCI) stood at nearly 150 during the April-June quarter compared to 138 in the preceding quarter (January-March 2023-24) with 67% firms optimistic about the improvement in their own financial position, the highest since the third quarter of 2010-11 when it was 76%.
Ohmium's Rs 2000 crore green hydrogen electrolyzer plant in Bengaluru backs PM Modi’s green goals. Its 500 MW capacity will scale to 2,000 MW, generating jobs and using water electrolysis for green hydrogen. This industry-agnostic, pollution-free fuel, endorsed by Tata Group and NTPC, supports renewable energy, EV priorities, and India’s 5 trillion-dollar economy aim.
A global Microsoft outage has severely impacted air travel, causing significant delays and operational challenges at major airports, including those in Delhi and Bengaluru. Airlines are forced to manually check in passengers and issue handwritten boarding passes. The Indian Civil Aviation Minister has called for patience and cooperation from passengers while airlines and authorities work to resolve the disruptions. The issue stems from a technical problem with Microsoft 365 apps.
World Food India 2024, organized by the Union Ministry of Food Processing Industry, will highlight the opportunities in the food processing industry. The event will feature over 1000 international buyers and showcase the potential of West Bengal's agriculture sector. It will take place from 19 to 22 September in New Delhi.
Reliance Jio Infocomm maintains steady average revenue per user at Rs 181.7, adds 8 million subscribers, and sees a 12% increase in net profit. The company's focus on affordable internet and new prepaid plans aims to drive sustainable growth and market leadership.
Reliance Retail Q1 Results: For the April-June quarter, the company's revenue from operations was Rs 66,260 crore. It was Rs 62,159 crore in the same quarter of the previous financial year. Again, the gross revenue for the reported quarter was Rs 75,615 crore, an 8.1% rise from Rs 69,948 crore in the corresponding quarter of the previous year.
Brazilian astronomer Althos Salome, dubbed the living Nostradamus, earlier said that advanced nations, including the US, Russia and China have been working on developing EMP technologies for security purposes. Now the EMP has been blamed for the Microsoft outage.
Former US President Barack Obama has been working behind the scenes to convince the incumbent President Joe Biden to make way for another candidate of the Democratic Party to contest the election in November. There is mounting pressure on Biden to step aside even as he is dealing with many health issues including a visible ‘cognitive decline’.
A significant proportion of the on-network logistics orders are also currently being fulfilled by Ola, said ONDC. Players like Pidge, Loadshare, Shadowfax, Adloggs and Zypp have recorded more than 50 per cent month-on-month growth, it said.
Quick commerce platforms like Blinkit and Swiggy Instamart are in talks with leading apparel and shoe manufacturers like Arvind Fashions, Fabindia, Woodland, and Puma to sell their products to capitalize on the growing fashion business in India's e-commerce industry. These startups aim to exploit the growing fashion business, which is currently the second-largest selling category in India's e-commerce industry after electronics and smartphones.
Mukesh Ambani-led Reliance reported a 5% decrease in its consolidated net profit for the quarter ending June 2024, amounting to Rs 15,138 crore compared to Rs 16,011 crore in the same period last year. Despite this, revenue from operations grew by 12% YoY to Rs 2.36 lakh crore. The reported profit fell significantly short of Street expectations of around Rs 16,341 crore.
UFC schedule for Fight Night on July 20 main event has been revealed. There will be a number of prominent MMA fights taking place this weekend.
Like some of the larger peers, it showed a marginal uptick in the banking, financial services, and insurance (BFSI) vertical, the largest vertical contributing 34% to the revenue durng the quarter. While its revenue guidance for the September quarter looks a bit more optimistic than its forecast for the June quarter, demand revival is likely to take a few more quarters.
Wall Street's primary indexes declined at the opening bell on Friday as investors shifted focus away from prominent semiconductor and large-cap tech stocks, amidst concerns over the effects of a widespread global tech outage.
GST Registration: Every GST application other than made by a person notified under sub-section 6D of section 25 who has opted for Aadhaar authentication and is identified based on data analysis and risk parameters, shall be followed by biometric-based Aadhaar authentication and taking a photograph of the applicant where the applicant is an individual.
A global tech failure caused by a conflict between CrowdStrike's cybersecurity software and Microsoft Windows has disrupted operations across multiple industries worldwide. Major airlines, banks, and healthcare systems were among those impacted. Governments of Australia, New Zealand, and several U.S. states are also facing issues. The nature of the problem is being addressed, with manual intervention required for affected systems. The incident highlights the risks associated with the increasing dependence on interconnected technology companies.
