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Autonomous Services:Uber Technologies and Lyft Inc. each teaming up with Baidu Inc. to trial driverless taxis in UK
Global robotaxi rollouts are accelerating, with Chinese companies...
A year on, Jeju Air crash report delayed as families question probe’s credibility
“It feels like all kinds of doubts are just growing bigger and...
India’s declining household savings amid reduced FDI is big concern: Report
A major reason for this decline mentioned by the report is the drop in household financial savings, which fell from 10.1 per cent of GDP in FY00 (Year 2000) to just 5 per cent in FY23. At the same time, financial liabilities have risen sharply from 2 per cent to 5.8...
From April 1, no sale of petrol to vehicles older than 15 years: Delhi Minister Sirsa
Addressing media persons after a meeting, Delhi Forest and Environment Minister Manjinder Singh Sirsa ,said, “Special gadgets are being installed at petrol pumps to identify vehicles older than 15 years so that they are not sold fuel.” New Delhi: Delhi Forest and...
EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25
The retirement body had paid 50.8 million claims worth Rs 2.05 lakh crore in 2024-25, up from 44.5 million claims totaling Rs1.82 lakh crore in the previous year. The 8.25 per cent interest rate in 2023-24 was based on EPFO’s record investment income of Rs 1.07 lakh...
IRDAI issues norms allowing insurers to use derivatives for hedging their equity portfolios
In line with these guidelines, insurers will be able to buy hedges in stock & index futures and options against their holding in equities subject to the exposure and position limits. The equity derivatives shall be used only for hedging purpose. Any OverThe...
Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts
While an investigating agency was fully empowered to conduct an investigation and recommend freezing of the entire account to the bank, the court pointed out, when resorted to such a measure, it must assign reasons. When it comes to small-time vendors, the action...
El Nino, La Nina forecast: Weather Agencies grapple with prediction challenges
An accurate read on the status of the El Niño-Southern Oscillation is essential for governments, energy markets and farmers planning their cropping regimes, especially as global warming exacerbates extreme weather. Warm and cold phases can cause sapping droughts or...
Regulatory standards must be stronger for quality medicines: Health secy
The meeting with state drug regulators comes in the wake of the Drugs Controller General of India (DCGI) prohibiting the production and export of all combinations of pain relief medicines tapentadol and carisoprodol, following reports that unapproved combinations of...
Crypto trading booms in India’s interiors as job growth, incomes disappoint
Overall, India's crypto market is expected to grow to more than $15 billion in 2035 from $2.5 billion last year at a compound annual growth rate of 18.5 per cent, said Kush Wadhwa, partner at consulting firm Grant Thornton Bharat Like thousands of his countrymen in...
Machinery for citizens to flag misleading ads needed: SC
A bench of Justices Abhay S Oka and Ujjal Bhuyan said the Drug and Magic Remedies (Objectionable Advertisements) Act, 1954 was of vital importance New Delhi: The Supreme Court on Monday underscored the importance of creating a mechanism for citizens to file complaints...
Financial, capacity constraints of EU’s carbon border policy may disrupt India’s steel sector: Study
Being implemented since October 2023, the Carbon Border Adjustment Mechanism (CBAM) aims to apply carbon content-based charges on imports of certain emission-intensive products such as steel from countries with less stringent emission regulations, including India New...