On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
Throughout the night, Severe Cyclonic Storm Asani proceeded west-northwestwards at a pace of 5 mph across west-central and adjacent southwest Bay of Bengal, bringing severe rains to parts of the Andhra Pradesh coast. It was about 300 kilometers southeast of Kakinada (Andhra Pradesh), 330 kilometers south-southeast of Visakhapatnam (Andhra Pradesh), 510 kilometers south-southwest of Gopalpur (Odisha), and 590 kilometers south-southwest of Puri (Odisha) at 5:30 a.m. on Tuesday, according to an India Meteorological Department (IMD)…
"Asani, a severe cyclone, moves northwest, bringing rain on the Andhra coast" Prime Minister Narendra Modi expressed his sadness at the death of renowned Odia writer Binapani Mohanty on Sunday, praising her “monumental contributions” to Odia literature, particularly fiction writing. Mohanty died on Sunday night at her Cuttack home owing to age-related issues, according to her relatives. Mohanty, a Padma Shri recipient, died at the age of 85. She was a single woman who shared her home with her nephew. “Pained by the passing away of noted…
"PM Modi expresses his condolences on the death of great Odia writer Binapani Mohanty." Prime Minister Narendra Modi on Thursday said India moving from the 75th year of independence to its centenary in 2047 cannot be a routine affair and it should be a watershed moment for the country. “Our Amrit Kaal is not just to laud the last seven decades. We may have gone from 70-75 (years of independence) in routine. We may go from 60-to 70 (years of independence) in routine. But from 75 to 2047, India…
"India at 100 should be watershed moment for country: PM Modi" India logged 861 new coronavirus infections taking the total tally of COVID-19 cases to 4,30,36,132, while the active cases dipped to 11,058, according to the Union Health Ministry data updated on Monday. The death toll has climbed to 5,21,691 with six fresh fatalities, the data updated at 8 am stated. The active cases comprise 0.03 per cent of the total infections, while the national COVID-19 recovery rate remained at 98.76 per cent, the ministry said. A reduction…
"India records 861 fresh Covid-19 infections, six more fatalities" An Air India flight from Poland’s Rzeszow carrying students evacuated from northeastern Ukrainian city Sumy landed in Delhi on Friday morning, officials said. The flight had taken off from Rzeszow around 11.30 pm (IST) on Thursday and landed in Delhi at 5.45 am on Friday, they said. India has sent three flights to Poland to bring back 600 students evacuated from Sumy. Another flight is expected to land in Delhi around 8.40 am, officials said. According to the…
"AI flight carrying students evacuated from Ukraine’s Sumy lands in Delhi" Prime Minister Narendra Modi has asked the Indian Air Force (IAF) to evacuate Indians stranded in Ukraine due to the Russian military offensive against that country, sources said on Tuesday. The IAF is likely to deploy several C-17 aircraft as part of Operation Ganga from Tuesday, they said. Till now, only private Indian carriers were evacuating Indians from Romania and Hungary, countries with land borders with Ukraine on the western side, as the Ukrainian airspace…
"Ukraine crisis: PM Modi asks Air Force to evacuate stranded Indians" Days after the Union Budget proposed taxing cryptocurrencies, which gave rise to apprehensions of legitimising them, an Reserve Bank of India (RBI) official has asked for a complete ban on such virtual currencies citing threat to macroeconomic stability. In a speech to bankers on Monday, RBI deputy governor T Rabi Sankar demolished all the arguments for allowing cryptocurrencies in India as none of them pass basic scrutiny. On the argument that advanced economies (AE) have not resorted to banning such currencies,…
"RBI DG Rabi Sankar asks for complete ban on cryptocurrencies in India" India has invested more than USD 3 billion in Afghanistan for the welfare of its people, said Minister of External Affairs V. Muraleedharan in Lok Sabha on Friday. Replying to a question in the Lower House of Parliament on investment in Afghanistan, the MoS said, “India has been engaged in a development partnership with Afghanistan, which includes more than five hundred projects spread across each of the 34 provinces of the country in critical areas of power,…
"India invested more than $3 billion in Afghanistan" In a setback to the BJP-JJP government in Haryana, the Punjab and Haryana High Court on Thursday stayed the state government law to give 75 per cent reservation to youth belonging to the state in the private sector. The law under the Haryana State Employment of Local Candidates Act, 2020 is applicable in industries having more than 10 employees. A Bench headed by Justice Ajay Tewari, while staying the order, admitted a bunch of petitions challenging the law…
"Haryana’s 75% quota for locals in private jobs put on hold by High Court" By Administrator_India Capital Sands In an attempt to attract large investments for setting up semiconductor wafer fabrication facilities within the country to strengthen the electronics manufacturing ecosystem, the Ministry of Electronics and Information Technology unveiled the scheme for setting up Semiconductor Fabs in India. This is in line with the National Policy on Electronics 2019 (NPE 2019) to make India a global hub for Electronics System Design and Manufacturing (ESDM) and enable the industry to…
"Govt unveils scheme for setting up semiconductor fab units in India."
