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Aim is to make Mumbai global fintech capital, says PM Modi
Prime Minister Narendra Modi Eight crore new jobs in last 3 to 4 years Mumbai: Prime Minister Narendra Modi on Saturday has said he wanted to ensure emergence of Maharashtra as the world’s big financial powerhouse and make Mumbai a global fintech capitaland to make...
Tier I cities dominate in blue-collar gig job opportunities: Report
It further revealed that Delhi emerged as the prime hub for gig workers, leading with 17.7 per cent of job openings and 22.9 per cent of applications, reflecting robust demand across sectors Mumbai: With a rise in gig economy, tier-one cities led in short-term...
India antitrust probe finds Apple abused position in apps market
The Competition Commission of India (CCI) has been investigating Apple Inc since 2021 for possibly abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system New Delhi:An investigation by India's antitrust body...
Nasscom Raises Concerns Over Karnataka’s Draft Bill on Gig Workers
Nasscom has voiced concerns over Karnataka's draft bill on digital platform-based gig workers, describing it as placing ''onerous and prescriptive'' obligations on aggregators. These regulations, such as minimum notice periods for termination, disclosures, and...
Delhi High court upholds 50% warning label size 0n Pan Masala packages
A bench headed by Acting Chief Justice Manmohan dismissed a petition by a pan masala manufacturer, who challenged a notification issued by the FSSAI in October 2022, and said the mandate gives effect to the legislative intent of safeguarding the larger public interest...
India can become world’s 2nd largest economy by 2031: RBI deputy guv
Michael D Patra,Deputy Governor,RBI "These gains need to be reflected in per capita income with two milestones - a per capita income level of USD 4516-14,005 to reach middle income country status, and beyond that level to attain the position of a developed country...
India’s score on SDG index shoots up as poverty level dips, economy grows
Between 2018 and 2023-24, the fastest moving States are Uttar Pradesh (increase in score by 25), followed by J&K (21), Uttarakhand (19), Sikkim (18), Haryana (17), Assam, Tripura and Punjab (16 each), Madhya Pradesh and Odisha (15 each), the report states New...
SC refuses to entertain plea on protection of doctors from violence says existing laws sufficient
The apex court was hearing the DMA's petition which also sought directions to the authorities to ensure adequate security at hospitals and medical centres to prevent attacks on doctors and healthcare workers by patients' relatives and others New Delhi:The Supreme...
Modi 3.0: Govt drops privatisation plans
Among other plans, the government intends to introduce succession planning in majority-owned companies alongside a proposal to train 230,000 managers across firms to prepare them for senior roles, the officials said. The government is likely to implement a plan that...
India’s population to peak in early 2060s to 1.7 billion before declining: UN
"The population of India, which is expected to remain the world's largest throughout the century, will likely decline by 12 per cent after reaching its peak in the early 2060s at about 1.7 billion," the UN report published by the United Nations Department of Economic...
Domestic PV wholesales up 3 pc at 3,37,757 units in June: SIAM
As per the data issued by Society of Indian Automobile Manufacturers (SIAM), two-wheeler wholesales rose 21 per cent to 16,14,154 units last month, as compared with 13,30,826 units in June 2023. New Delhi: Passenger vehicle wholesales in India rose 3 per cent...
Rush to prevent oil spill from grounded ship off South African coast
The Panama-flagged "Ultra Galaxy" ran aground close to Doring Bay, some 300 km north of Cape Town, late on Tuesday after it started listing badly. The ship was abandoned by its 18-strong Filipino crew while still at sea and concerns have since risen over the potential...
CMA CGM says its ship lost 44 containers in tough weather
“No injury to the crew has been reported, no pollution, no strong damage to the vessel which remains fully seaworthy,” the company said, adding that 33 additional containers had been damaged French shipping and logistics company CMA CGM said on Thursday that its ship...
Global reserve managers upbeat on growth but worry about politics
But 87% of the reserve managers surveyed flagged further escalation in geopolitical conflicts as the biggest threat to this benign outcome, and 41% said they are diversifying their investments more across regions and currencies fearing an escalation of tensions...
US insurers may take a hit of about $2.7 billion from damage caused by Hurricane Beryl
Triggered a record $44 million payout to the nation of Grenada from a regional catastrophe insurance fund Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC)...
Generic-Viagra safety called into doubt after FDA finds false data by an Indian company
Data from the researcher, Synapse Labs Pvt. Ltd., may have been used in hundreds of drugs, which remain available for sale on pharmacy shelves and in Americans’ medicine cabinets Generic versions of erectile dysfunction drugs Viagra and Cialis, among other...
SC terms rising suicide cases as social issue, seeks Centre’s response on PIL
A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra took note of the submissions of lawyer and petitioner Gaurav Kumar Bansal that effective steps are needed to deal with the rising number of suicide cases and asked the Centre to...
EU markets watchdog signals a hard line on new ESG disclosures
The European Securities and Markets Authority acknowledged that complying with the new European Sustainability Reporting Standards creates “challenges” for companies, and the first reports, due next year for the largest firms, will constitute a “milestone in the...