Page 283 - Latest News
Pakistan professionals struggle with higher costs as economy teeters
Like most people in the nation of 220 million, Ahsan and her husband, who owns a car servicing business, are struggling to cope with a surge in living costs triggered
 "Pakistan professionals struggle with higher costs as economy teeters")
Govt hikes DA, DR for central govt employees to 42% of basic pay
The move will benefit about 4.8 million central government employees and 6.9 million pensioners. The decision will be effective from 1 January, 2023
 "Govt hikes DA, DR for central govt employees to 42% of basic pay")
Private equity firm TPG sells 7.6% stake in Campus Activewear for Rs 806 cr
Private equity firm TPG on Friday divested a 7.6 per cent stake in sports and athleisure footwear company Campus Activewear for Rs 806 crore through an open market transaction
 "Private equity firm TPG sells 7.6% stake in Campus Activewear for Rs 806 cr")
Cabinet extends Ujjwala subsidies by 1 year, hikes dearness allowance
The total cost outlay for the Centre as a result will stand at Rs 13,780 crore, including Rs 6,100 crore in 2022-23 and Rs 7,680 crore in 2023-24
 "Cabinet extends Ujjwala subsidies by 1 year, hikes dearness allowance")
Amazon, others revamp 'free' shipping as costs soar, says report
Product inflation and soaring shipping costs are making the service unsustainable as the prospect of recession threatens to wallop already-flagging online spending
 "Amazon, others revamp 'free' shipping as costs soar, says report")
India must end crackdown on Kashmiri human rights defenders: UN expert
The NIA said the case relates to the terror funding of proscribed terrorist organisations, such as LeT and Hizb-ul-Mujahideen, by certain NGOs, trusts and societies based in the Valley
 "India must end crackdown on Kashmiri human rights defenders: UN expert")
Bharat Petroleum launches 19 EV fast-charging stations at 110 fuel stations
BPCL, a Maharatna and a Fortune Global 500 company, today announced the launch of 19 EV fast-charging stations at 110 fuel stations along 15 highways in Karnataka, Kerala and Tamil Nadu
 "Bharat Petroleum launches 19 EV fast-charging stations at 110 fuel stations")
C-DOT, Reliance Jio set to power India's global telecom gear ambition
C-DOT, which has tied up with TCS, is expected to export telecom equipment by 2024
 "C-DOT, Reliance Jio set to power India's global telecom gear ambition")
Jack Dorsey's wealth tumbles $526 million after Hindenburg's latest report
Dorsey's fortune plunged by $526 million on Thursday, his worst single-day decline since May. He's now worth $4.4 billion after the 11% drop, according to the Bloomberg Billionaires Index
 "Jack Dorsey's wealth tumbles $526 million after Hindenburg's latest report")
Won't accept differential standards of security: EAM Dr S Jaishankar
He cautioned that adversaries of the country could misuse the situation
 "Won't accept differential standards of security: EAM Dr S Jaishankar")
Centre approves Rs 318 cr for Tanakpur-Pithoragarh all-weather road
The Union Ministry of Road Transport and Highways has allocated Rs 318 crore for the construction of 150-km-long Tanakpur-Pithoragarh all-weather road
 "Centre approves Rs 318 cr for Tanakpur-Pithoragarh all-weather road")
Microsoft's $69 bn Activision takeover deal gets boost from UK regulators
The narrowing of the probe echoes a similar step at European Union level where the bloc is said to be only focusing on cloud gaming services.
 "Microsoft's $69 bn Activision takeover deal gets boost from UK regulators")
India has committed over $240 bn in water sector: Gajendra Singh Shekhawat
He said India is implementing the largest dam rehabilitation programme in the world, to build climate resilience critical water storage infrastructure
 "India has committed over $240 bn in water sector: Gajendra Singh Shekhawat")
Ajay Banga tests Covid positive; meetings with PM Modi, others cancelled
According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine
 "Ajay Banga tests Covid positive; meetings with PM Modi, others cancelled")
India aspires to take technical textiles market to $40 bn in 4-5 yrs: Goyal
Currently, India is the fifth largest producer of technical textiles in the world with a market size of nearly $22 billion
 "India aspires to take technical textiles market to $40 bn in 4-5 yrs: Goyal")
Karnataka scraps 4% reservation for religious minorities, adds them in EWS
The cabinet decided to bring the religious minorities under the EWS category
 "Karnataka scraps 4% reservation for religious minorities, adds them in EWS")
Upgraded payments platform with 100% indigenous technology, says Paytm
The company said the new platform can handle 10 times more payments traffic compared to its older platform
 "Upgraded payments platform with 100% indigenous technology, says Paytm")
RBI imposes Rs 30 lakh penalty on Karur Vysya Bank for non-compliance
In a statement, the Reserve Bank said a Select Scope Inspection (SSI) of the bank was conducted by it from February 21, 2022, to March 4, 2022
 "RBI imposes Rs 30 lakh penalty on Karur Vysya Bank for non-compliance")
Credit card payments on foreign travels likely to attract tax at source
According to the LRS, which was introduced in 2004, all resident individuals, including minors, are allowed to freely remit up to $250,000 per financial year
 "Credit card payments on foreign travels likely to attract tax at source")
Govt claims farmers received Rs 514 for Rs 100 paid in PMFBY crop insurance
PMFBY was launched with an aim to address problems of high premium rates for farmers and reduction in the sum-insured due to capping
 "Govt claims farmers received Rs 514 for Rs 100 paid in PMFBY crop insurance")