Business Archives - Page 34 of 62

CBI Searches Premises Of Harsh Mander’s NGO For Financial Irregularities

editor February 2, 2024Leave a comment

NEW DELHI, Feb 2: According to sources, the CBI conducted searches at the headquarters of an NGO founded by writer and human rights campaigner Harsh Mander on Friday and filed a case alleging violations of the Foreign Contribution (Regulation) Act against the organisation. Mander is the founder of the NGO Aman Biradari and was a member of the National Advisory Council under Sonia Gandhi's leadership in the previous UPA government. After receiving a report from the Union Home Ministry, Aman Biradari has become the subject of a formal complaint alleging that he violated many provisions of the Foreign Contribution (Regulation) Act. [caption id="attachment_10119" align="alignnone" width="300"] CBI Searches Premises Of Harsh Mander’s NGO For Financial Irregularities[/caption]

Model-actor Poonam Pandey dies of cervical cancer, says her manager. She was 32

editor February 2, 2024Leave a comment

MUMBAI: Poonam Panday, a model and Bollywood actor, passed away on Friday from cervical cancer, according to a statement posted on her official Instagram profile by her management. On February 2, Poonam Panday, who was 32 years old, passed away from cervical cancer. We're having a difficult morning. We are so sorry to notify you that Poonam, our darling, passed away from cervical cancer. She greeted every living thing that had touched her with unadulterated love and kindness. We would respectfully ask for privacy at this time of loss as we cherish all that we have together. It said as much. Many people are concerned after seeing Panday's Instagram post. Some comments on her post question whether the account has been hacked or whether this is a cervical cancer awareness campaign. However, Parul Chawla's management told India Today that she was diagnosed with cancer some time ago, but it was at an advanced stage. Her hometown of UP is where the funeral will take place for the most part. More information is still pending." In 2013, Poonam Pandey starred in her first Bollywood film, Nasha. Her last appearance was on the reality series "Lock Upp." Pandey was a multidimensional individual who was well-known for her charitable work and active participation on social media in addition to her career as an actor. [caption id="attachment_10116" align="alignnone" width="300"] Model-actor Poonam Pandey dies of cervical cancer, says her manager. She was 32[/caption]

Breaking News Business header International National

Biden admin approves 4 billion dollars arms package sale to India

editor February 2, 2024

WASHINGTON: The US Congress was informed today by the Biden Administration of its intention to sell weapons valued at around $4 billion, primarily Hellfire missile-equipped MQ 9 B drones. In a press release on Thursday, the US Department of Defence agency Defence Security Cooperation Agency stated that the sale contributes to the strategic relationship between the US and India being strengthened. "An important force for political stability, peace, and economic progress in the Indo-Pacific and South Asia region," it continued, is New Delhi. "The US State Department has decided to approve a potential $3.99 billion foreign military sale of MQ-9B remotely piloted aircraft and associated equipment to the Government of India.In a statement, the Defence Security Cooperation Agency stated that it had "delivered the necessary certification informing Congress of this potential sale today." 31 MQ-9B Sky Guardian aircraft, 161 Embedded Global Positioning and Inertial Navigation Systems (EGIs), 35 L3 Rio Grande Communications Intelligence Sensor Suites, 170 AGM-114R Hellfire missiles, 16 M36E9 Hellfire Captive Air Training Missiles (CATM), 310 GBU-39B/B Laser Small Diameter Bombs (LSDB), and eight GBU-39B/B LSDB Guided Test Vehicles (GTVs) with live fuzes are among the items that the Indian government has requested to purchase. By bolstering the strategic relationship between the US and India and enhancing the security of a "major defence partner," which is still a "important force for political stability, peace, and economic progress in the Indo-Pacific and South Asia region," the proposed sale will support US foreign policy and national security objectives, according to the release. Additionally, it stated that India has shown a commitment to modernising its military and will have no trouble integrating these goods and services into its armed forces. This will increase India's ability to meet "current and future threats" by enabling unmanned surveillance and reconnaissance patrols in sea lanes of operation. "The proposed sale of this equipment and support will not alter the basic military balance in the region," it stated. General Atomics Aeronautical Systems, Poway, CA, will serve as the lead contractor, according to the statement. Any offset arrangement will be negotiated between the contractor and the buyer. There won't be a need to send any more contractor or US government agents to India in order to carry out this proposed sale. "There will be no adverse impact on US defence readiness as a result of this proposed sale," the press release stated. [caption id="attachment_10089" align="alignnone" width="300"] Biden admin approves 4 billion dollars arms package sale to India[/caption]

No Changes In Tax Rates For Direct, Indirect Taxes: FM

editor February 1, 2024Leave a comment

NEW DELHI, Feb 1: Nirmala Sitharaman, the minister of finance, stated on Thursday that there have been no modifications to the tax rates for import tariffs or other indirect taxes. She added that since 2014, the number of tax filers has increased by 2.4 times and the amount of direct tax collected has tripled. According to her, refunds have been issued more quickly and the processing period for tax returns has been slashed from 93 days in FY14 to 10 days. The administration is still working towards fiscal consolidation, with the goal of cutting the deficit to 4.5 percent in 2025–2026. The Goods and Services Tax (GST) tax base has more than doubled since FY14, the speaker continued. [caption id="attachment_10047" align="alignnone" width="300"] No Changes In Tax Rates For Direct, Indirect Taxes: FM[/caption]

Business header Jammu and Kashmir National

NH144A Widening Project: DDC Rajouri inspects South Point of 700-meter tunnel at Nowshera

editor February 1, 2024

RAJOURI: Today, Rajouri Om Prakash Bhagat, the District Development Commissioner, paid a visit to the South Point of the 700-meter tunnel that is now under construction at Nowshera as part of the NH144A Package V. The NH144A widening project is a significant step towards the district's growth and, by enhancing connectivity, will give the local economy a much-needed boost. The Rajouri community will gain a lot from the tunnel, including shorter travel times, increased security, and a more effective transit system. During his visit, the DDC also spoke with the people, assuring them that the government is dedicated to ensuring the project is completed quickly, offering the essential benefits to the general public in terms of connectivity, and that the best possible efforts are being taken in this respect.Additionally, he requested that the involved officers continue to maintain interdepartmental collaboration in order to finish the project within the allotted time frame and provide the public with the benefits that are required. The DDC also issued directives to uphold work quality and issued a warning against any negligence in this area. ADC Nowshera, Kartar Singh; AC Defence, Saleem Quershi; Tehsildar Nowshera; and relevant BRO officers accompanied the Deputy Commissioner on his visit. [caption id="attachment_10023" align="alignnone" width="300"] NH144A Widening Project: DDC Rajouri inspects South Point of 700-meter tunnel at Nowshera[/caption]

Acting tough against defaulters, JPDCL disconnects power of more than 1700 consumers, realizes huge arrears in 2 days

editor February 1, 2024Leave a comment

JAMMU: The Jammu electricity Distribution Corporation Limited (JPDCL) has disconnected 1702 defaulters in a campaign against "illegal" electricity connections and past-due payments, earning a substantial sum of money in just two days, according to officials today. "In the first place, connections of 1702 consumers including influential consumers (Industries, Hotels and Influential persons) were disconnected to sensitise the masses to clear their liabilities on account of electricity bills and develop habits of paying electricity bills in time," it stated. The JPDCL Spokesperson said, "A total of 49,028 inspections."All customers have been advised by JPDCL to pay their outstanding balances right now in order to prevent being disconnected.During the crackdown, which was a component of JPDCL's continuous efforts to stop energy theft and deal with financial irregularities, the inspection procedure was strengthened and included both day and night patrols to look for power theft. Spokesman for JPDCL emphasised that the initiative's goal was to tighten the noose around customers who frequently connect up, violate agreed-upon loads, and bypass metres. The JPDCL reaffirmed in a formal statement its dedication to helping legitimate customers and making sure they are not burdened by the misdeeds of bad people. The electricity distribution company emphasised even further how actions like energy theft must be taken seriously. These actions not only cause blackouts but also damage to transformers, which inconveniences law-abiding customers. JPDCL's two-day operation yielded significant revenue, including pending arrear dues on Tuesday alone. This indicates the gravity of the problem and the company's resolve to rapidly resolve outstanding payments. With 1411 inspections conducted throughout the Jammu Division, the inspection covered a number of circles. In the course of these initiatives, 432 KW of load was added in each of Jammu Province's 10 districts. In the meantime, JPDCL claimed in an official statement that several Sub Divisions of JPDCL initiated a new, enormous disconnection drive against powerful and persistent defaulters with significant arrears after realising that the defaulters were not receiving a consistent supply of power over the winter. Targeted during the initiative were domestic, commercial, and industrial customers with sizable outstanding debt. In order to prevent power disconnections, the JPDCL asked customers to pay their outstanding bills as soon as possible. They also pledged to continue supplying dependable and continuous electricity to those who meet their financial commitments. [caption id="attachment_10020" align="alignnone" width="300"] Acting tough against defaulters, JPDCL disconnects power of more than 1700 consumers, realizes huge arrears in 2 days[/caption]…

India slashes import duty on key parts needed for mobile manufacturing

editor January 31, 2024Leave a comment

NEW DELHI: The central government has slashed import duty on several key components used in the production of mobile phones in a bid to boost the country's electronics exports, the Union Ministry of Finance announced.…

Police rescue 300 tourists stranded near Atal Tunnel in Rohtang after snowfall

editor January 31, 2024Leave a comment

KULLU: Following Tuesday night's intense snowfall, 300 visitors who were stuck close to the Atal Tunnel's South Portal (SP) in Rohtang were rescued by Himachal Pradesh Police. According to Kullu SP Sakshi Verma, "three hundred tourists were travelling at the South Portal (SP) of ATR when about fifty vehicles and one bus from the Himachal Road Transport Corporation (HRTC) were trapped. The ATR has been cleared of all tourists." SP Kullu went on to say that she carried out a rescue mission with the assistance of the Sub Divisional Magistrate (SDM) Manali, Tehsildar Manali, Station House Officer (SHO) Manali, and a team.This is in response to an orange notice that the India Metrological Department issued on Tuesday for a number of locations in Himachal Pradesh, warning of the probability of rain in some areas of the state and snow in the higher mountains during the course of the following 48 hours. IMD states that there is a chance of heavy rain or snowfall in certain areas of the districts of Chamba, Kangra, Kinnaur, Kullu, Lahaul, Spiti, Mandi, and Shimla between the late hours of January 30 and the early hours of February 2. Snowfall has been forecast by the Meteorological Department for both the lowlands and the state's high-altitude regions. In the higher regions of Himachal Pradesh, rain and snow are possible starting tonight and lasting for the next five to six days. Tonight is when the rainy activity will begin. There is a risk of moderate to severe snowfall in the districts of Chamba, Lahaul-Spiti, Kinnaur, and Kullu on January 31 and February 1. For these places, we have issued an orange alert. Districts of Kangra, Bilaspur, and Shimla are likely to have rain and thunderstorms with lightening activity, according to IMD Senior Scientist Sandeep Kumar Sharma. [caption id="attachment_9960" align="alignnone" width="300"] Police rescue 300 tourists stranded near Atal Tunnel in Rohtang after snowfall[/caption]

Uber launches operations in Srinagar its 1st stop

editor January 31, 2024January 31, 2024Leave a comment

SRINAGAR: Uber, a ride-hailing service, began operating in Jammu and Kashmir on Tuesday. Srinagar was the first location. In the valley, the company has launched "UberGo" and "Intercity," an out-of-town product. Shiva Shailendran, Head of Supply and Regional Operations, said in a statement: "With the global ride-hailing app now available in Srinagar, tourists, as well as locals, will now find a trusted ride in and around Srinagar with a few taps on the app." "The launch of our service will also create meaningful earning opportunities for drivers and will support the economic growth of local communities," he stated. According to the firm, Uber's entry into Srinagar is consistent with its aspirations to expand throughout India, with the goal of broadening its reach and product offerings to local markets. You can reserve intercity transport to visit popular tourist spots in and around Srinagar, such as Gulmarg, Sonmarg, and Pahalgam. Return trips lasting up to five days can be scheduled for intercity travel, during which time passengers can keep both the driver and their Uber and make additional stops along the way. All Uber rides can now be reserved up to 90 days in advance, giving users more time to arrange their travels and improving journey planning. According to the corporation, this function also benefits drivers because it allows them to project their profits in advance and budget their spending appropriately. [caption id="attachment_9954" align="alignnone" width="300"] Uber launches operations in Srinagar its 1st stop[/caption]

Munawar wins Bigg Boss 17, beats Abhishek Kumar to win the finale race

editor January 29, 2024Leave a comment

MUMBAI: Bigg Boss 17's stand-up comedian Munawar Faruqui has been crowned the winner after months of fierce competition. He won the finale by defeating fellow competitor Abhishek Kumar. He received a highly sought-after trophy and a Rs 50 lakh cash award. During the 17th season of Colours, Munawar was one of the most well-liked competitors. Thanks to his shayaris, he has dominated the spotlight ever since entering the Bigg Boss house. But his plan quickly backfired, and he encountered a number of difficulties, chief among them being Ayesha Khan's entry onto the programme and her grave accusations against him. He was accused by Ayesha of lying to her, cheating on her, and making a marriage proposal to a different female. Though his performance plummeted, he was still able to stand tall. Prior to 'Bigg Boss 17', Munawar became well-known for winning the 'Lock Upp' reality show. [caption id="attachment_9842" align="alignnone" width="300"] Munawar wins Bigg Boss 17, beats Abhishek Kumar to win the finale race[/caption]

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