Business Archives - Page 49 of 65

Breaking News Business header International National

Rupee falls 4 paisa to settle at all-time low of 83.33 against US dollar

editor November 10, 2023

Mumbai : The rupee fell 4 paise to end the day at its all-time low of 83.33 (provisional) against the US dollar, amid increases in the price of crude oil and outflows of foreign money. Forex dealers stated that in the midst of a weak US dollar abroad and encouraging signals from the equities markets, investors were anticipating statistics on industrial output and inflation on the home front. The rupee began trading at 83.28 versus the US dollar at the interbank foreign exchange and fell as low as 83.49 during the day. The currency ultimately reached a record low of 83.33 (provisional) against the US dollar, down 4 paise from its previous close. Prior to this, on September 18 of this year, the currency's lowest closing level was noted at 83.32 against the dollar.The rupee's closing value versus the US dollar on Thursday was 83.29. The dollar index, which measures the strength of the US dollar relative to a basket of six other currencies, was down 0.02 percent at 105.89 in the meantime. The benchmark for global oil, Brent crude futures, increased by 0.81 percent to USD 80.66 a barrel. Regarding the local equities market, the BSE Sensex concluded at 64,904.68 points, up 72.48 points or 0.11 percent. To reach 19,425.35 points, the larger NSE Nifty increased 30.05 points, or 0.15 percent. According to exchange data, Foreign Institutional Investors (FIIs) sold shares worth Rs 1,712.33 crore on Thursday, making them net sellers in the capital market. [caption id="attachment_5370" align="alignnone" width="300"] Rupee falls 4 paisa to settle at all-time low of 83.33 against US dollar[/caption]

Business header International National

US-India 2+2 Ministerial Dialogue: EAM, Rajnath Singh meet with US counterparts

editor November 10, 2023

NEW DELHI: Defence Minister Rajnath Singh, External Affairs Minister S Jaishankar along with US Secretary of Defence Lloyd Austin and US Secretary of State Antony Blinken posed for the traditional family photo as the US-India…

Business header Jammu and Kashmir National

Lion couple from Gujrat to reach Jambu Zoo on 8 Nov

editor November 8, 2023

JAMMU: On Wednesday, November 8, two adult male and female Asiatic lions, ages 3.7 and 2.7, are scheduled to arrive at Jambu Zoo. According to the Department of Wildlife Protection, Lieutenant Governor Manoj Sinha is the one ordering the two lions to be brought to the UT. The IUCN lists the pair of Asiatic Lions that were imported from Gujarat as an endangered species. Currently, the only state with a wild population of Asiatic lions is Gujarat, which has given Jambu Zoo one pair of lions. According to CZA regulations, the two will live in a specially designed Lion habitat that is more than 5,500 square metres in size and has heating and ventilation for inclement weather. After a week of being kept in quarantine, they will be allowed to return to the enclosure for public display. The department would like to thank the Lieutenant Governor and the Government of Gujarat on this auspicious day for their help and support in locating lions, which would delight wildlife enthusiasts and the people of J&K. [caption id="attachment_5221" align="alignnone" width="300"] Lion couple from Gujrat to reach Jambu Zoo on 8 Nov[/caption]

Breaking News Business header International National

Sikh separatist Gurpatwant threatens to blow up Air India flight on 19 Nov

editor November 5, 2023

NEW DELHI: The founder of the Sikhs for Justice (SFJ) organisation, Gurpatwant Singh Pannun, a designated terrorist, has made a new video in which he begs Sikhs not to board Air India flights after November 19 because they could endanger their lives. He asserted that on November 19, Air India will not be permitted to operate. "We are requesting that Sikhs avoid travelling on Air India. On November 19, there will be an international embargo. Air India will not be permitted to function. Sikhs, refrain from using Air India after November 19. In the video that is making the rounds on social media, Pannun stated, "Your life could be in danger." According to Pannun, the name of the Indira Gandhi International (IGI) Airport in Delhi will change and it would remain closed on November 19. He emphasised that the present Cricket World Cup final match will take place on this same day. "It is the same day in November on which the final match of the World Terror Cup will be played," he stated. "The name of this airport will be Shahid Beant Singh, Shahid Satwant Singh Khalistan airport, when Punjab will be liberated," he stated. Chief of Staff for SFJ Pannun has threatened people before. Amidst a diplomatic spat between India and Canada after the murder of Khalistani terrorist Hardeep Singh Nijjar in September, he called for Hindu-Canadians to leave the country. In a video that went viral on social media, Gurpatwant Singh Pannun said that Sikhs who supported Khalistan had continuously demonstrated their allegiance to Canada. He continued by threatening and pressuring Hindus living in Indo-Canada to leave the nation. Gurpatwant Singh Pannun's hate speech went viral, and Hindu Forum Canada's lawyers requested that the Canadian Immigration Minister forbid Pannun from entering the country.The lawyer for Hindu Forum Canada wrote to Mark Miller, Canada's Minister of Immigration, claiming that Pannun's recent remarks have traumatised and distressed both the Hindu community and the Canadian public at large. Hindu Forum Canada is an Ontario-based non-profit humanitarian organisation that promotes laws that improve the lives of minority populations in the country. Khalistani secessionists staged a 'Referendum' in Surrey, British Columbia, earlier in September. The founder of the outlawed Sikhs for Justice (SFJ), designated terrorist Gurpatwant Singh Pannun, attended the Khalistani separatist assembly at the Guru Nanak Singh Gurudwara in Surrey, Vancouver. Using menacing language, Pannun made a provocative statement directed at Prime Minister Narendra Modi, External Affairs Minister S Jaishankar, and other prominent figures. He asserted that India's territorial integrity was being threatened by separatists. Notably, after Canadian Prime Minister Justin Trudeau claimed that "agents of the Indian government" were involved in Nijjar's June death, relations between India and Canada have deteriorated. In a tit-for-tat move over Canada's decision, India had denied the claims as "absurd and motivated" and expelled a Canadian envoy. To date, Canada has not made available any proof to the public regarding the killing of Nijjar. [caption id="attachment_5037" align="alignnone" width="249"] Sikh separatist Gurpatwant threatens to…

Breaking News Business header National

Mukesh Ambani receives fresh threatening emails for ignoring previous demand

editor November 4, 2023

MUMBAI: Mumbai police reported on Saturday that Mukesh Ambani, the chairman of Reliance Industries, had received new threat emails that threatened to punish him severely if he disregarded earlier communications requesting Rs 400 crore in extortion. Two threatening emails with the sender identifying himself as Shadab Khan were received between October 31 and November, according to the police. "Industrialist Mukesh Ambani received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded Rs 400 crore," according to cops.Ambani has previously received emails threatening to shoot him to death if he didn't pay the Rs 20 crore. Then, every time an email was received, the ransom kept going up to Rs 200 crore and Rs 400 crore. Mumbai police had previously stated that the first such threatening email had been issued on October 28. "The sender cites a lack of response to the prior email and increases the ransom," they added. Following receipt of the email, the Mumbai Gamdevi Police filed a case against an unidentified individual under sections 506 (2) (criminal intimidation) and 387 (putting a person in fear of death or grievous hurt in order to commit extortion) of the Indian Penal Code (IPC) in response to the complaint of Mukesh Ambani's security in-charge. [caption id="attachment_4986" align="alignnone" width="300"] Mukesh Ambani receives fresh threatening emails for ignoring previous demand[/caption]

Business header Jammu and Kashmir National Political

LG visits World Skill Center in Bhubaneswar, Odisha

editor November 4, 2023

BHUBANESWAR: Today, Lieutenant Governor Manoj Sinha paid a visit to the World Skill Centre, a prestigious advanced skill training facility founded by the Odisha government in Bhubaneswar. Dr. Mandeep Kumar Bhandari, the Lieutenant Governor's principal secretary, and Saurabh Bhagat, the commissioner/secretary of the J&K Department of Skill Development, joined him. The Lieutenant Governor engaged with instructors and trainees while touring the building and lab. The Lieutenant Governor stated in his speech that the World Skill Centre is essential to the upskilling of Odisha young and their readiness for careers in the future.In order to provide excellent engineering and non-engineering skill training, as well as a unique mentoring approach that allows students to hone their talents, he emphasised the necessity of duplicating the institute's best practises and training programmes throughout the nation. "Our institutions must link skills, workplace change, and industry needs." The Lt Governor stated that training programmes should make use of technology to solve issues with demand and the skills gap, develop young people, and provide a cadre of experts with specialised expertise to aid in the development of a developed India.The Lieutenant Governor stated that in order to provide greater job prospects for young people in the skill sectors, high skill sets and capabilities are required due to the quick industrialization and exponential growth of technology. He continued, "We have to look at every avenue to get the younger workforce out of the less productive informal sector and into the more productive formal sectors." The Lieutenant Governor praised the Odisha government's efforts under the "Skilled in Odisha" programme. The Lieutenant Governor also discussed the continuing industrialization of Jammu and Kashmir at the World Skill Centre, as well as the special initiatives of the UT Administration aimed at making J&K a centre for innovation and skill development.There were prominent officials from the Odisha government in attendance, including Subroto Bagchi, Chief Advisor to the Government of Odisha on Institutional Capacity Building, and Alka Misra, Chairperson of the Odisha Skill Development Authority. Afterwards, the Lt Governor spoke with representatives of Startup Odisha and talked about the changes the group has done to create the state's startup and innovation environment. The Lieutenant Governor was briefed by the Startup Odisha team on "O Hub," a cutting-edge incubator that hopes to register over 5000 firms by 2025. Dr. Omkar Rai, Executive Chairman of Startup Odisha, listed the organization's noteworthy accomplishments and future growth goals. [caption id="attachment_4956" align="alignnone" width="300"] LG visits World Skill Center in Bhubaneswar, Odisha [/caption]

Business header Jammu and Kashmir National Political

Div Com Jammu reviews progress on Delhi-Amritsar Katra Expressway

editor November 4, 2023

JAMMU: Ramesh Kumar, the Divisional Commissioner for Jammu, presided over a meeting on Friday to discuss the status of the Delhi-Amritsar Katra Motorway project's construction. Along with senior officers from the Forest, JPDCL, Defence Estates, and other relevant departments, the meeting was attended by NHAI Regional Officers, Director Airports, Chief Engineers, Jal Shakti, and Project Directors. Deputy Commissioners from Kathua, Samba, Reasi, and Jammu also participated via video conference. The meeting examined the status of the work on the famous motorway in great detail. It was stated that all of the completed packages are currently under construction. The Divisional Commissioner thoroughly examined the procedures for acquiring land and allocating compensation.In order to guarantee the smooth completion of the esteemed road projects, he gave the Deputy Commissioners instructions to act quickly to resolve land-related concerns and any obstacles. He gave Tehsildars tight instructions to speed the payment of land purchase compensation within a given time period. In this regard, he also directed DCs to approach Tehsildars for weekly progress reports. A further highlight of the meeting was the majority of land-related issues were resolved. In order to quickly address any outstanding issues, the Divisional Commissioner asked NHAI personnel to be in constant contact with the Deputy Commissioners. To guarantee the Delhi-Amritsar Katra Expressway's prompt completion, the NHAI was given the order to expedite the project's construction. [caption id="attachment_4949" align="alignnone" width="300"] Div Com Jammu reviews progress on Delhi-Amritsar Katra Expressway[/caption]

Breaking News Business header National

YouTuber Elvish Yadav denies charge after FIR filed against him for allegedly supplying snake venom at rave party

editor November 3, 2023

NOIDA : YouTuber Elvish Yadav has refuted reports that he supplied snake venom at a Noida rave. This comes after the YouTuber was accused of delivering the venom in a formal complaint against six individuals. In an Instagram video, Elvish Yadav asserted that all of the accusations made against him are untrue. "When I woke up, the media was reporting on my suspected arrest. These accusations made against me are entirely untrue and fraudulent. They are 1% true, at most. I'm ready to assist the UP Police. I kindly ask the UP Government and CM Yogi Adityanath to accept complete responsibility for me, even if I had a 0.1% participation in this.I ask that the media refrain from disseminating false information until that time, as I am unrelated to this. The Uttar Pradesh forest department and Noida police busted the group for allegedly providing snake venom at a rave party during a combined raid at Sector 51 Saffron Villa in Noida earlier. According to Uttar Pradesh police, "An FIR has been filed at Noida Sector 49 Police Station against six individuals, including Bigg Boss winner and YouTuber Elvish Yadav, for selling snake venom at rave parties." When they supplied the poison at parties, they used to get paid a substantial amount of money. In a raid, nine snakes were also saved." Meanwhile, five people were taken into custody by the police from the banquet hall: Rahul, Titunath, Jayakaran, Narayan, and Ravinath. From the party location, five cobras, a red snake, a python, and two more snakes were found. "A YouTuber named Elvish Yadav provided snake venom and live snakes in Noida and created videos with other gang members/Youtubers in NCR farmhouse," said the FIR, which is based on a complaint filed by People For Animals. They planned unlawful rave parties and shootings. They drank intoxicants and snake venom, and they frequently invited foreign girls.Rahul's accomplice served as his representative." According to the FIR, "Elisha Yadav was contacted by one of our informants, who requested that he plan the rave party and obtain Cobra Venom." Elvish provided us with Rahul's name, who we got in touch with. He claimed he could arrange the poisoning anywhere we desired. Then, carrying the Venom, he arrived at the Sector 51 Banquet Hall. After then, the DFO and the Noida police arrived at the location and took the organisers into custody." The Wild Life (Protection) Act, 1972's sections 9, 39, 48A, 49, 50, and 51, as well as section 120-B of the IPC, were the legal bases for the FIR."The forest department, police, and PFA conducted a joint raid in which five people have been arrested," stated Parmod Kumar, District Forest Officer. There are recovered snakes. PFA had been keeping an eye on this situation for a while. The accused allegedly charged exorbitant fees for providing poison at gatherings, according to the police. Additionally, 20 to 25 millilitres of highly lethal poison were taken from the defendant. [caption id="attachment_4917" align="alignnone" width="300"] YouTuber Elvish…

Business header National Political

Rs 50,000 cr FDI in food processing sector in last 9 yrs: Modi

editor November 3, 2023

NEW DELHI: On Friday, Prime Minister Narendra Modi announced that over the previous nine years, foreign direct investment (FDI) up to Rs 50,000 crore has been drawn to India's food processing industry, which has become a "sunrise" industry. At Bharat Mandapam in the nation's capital, Modi was giving a speech at the second World Food India event. The final day of the three-day event is November 5. "The food processing industry has received FDI of Rs 50,000 crore over the past nine years. It is the outcome of the government's pro-farmer and pro-industry policies, according to Modi. According to him, the capacity for processing food at home has grown dramatically over the past nine years, and exports of processed food have climbed by 150%.The prime minister launched a "food street" as part of "World Food India 2023" and gave seed cash support to more than a lakh Self Help Groups (SHGs). The celebration of 2023 as the International Year of Millets intends to highlight India as the world's food basket. The international event was not able to be organised in the following years because of the COVID-19 epidemic, which took place during the first edition in 2017. "Seed Capital Assistance" will assist SHGs in increasing their marketable prices through higher-quality manufacturing and better packaging. Union Minister of Food Processing Industries Pashupati Kumar Paras encouraged international businesses to make investments in India in this field during his speech.According to Union Commerce Minister Piyush Goyal, the Modi administration has strengthened the nation's food processing industry and guaranteed the nation's food security. He outlined the development initiatives carried out by the national government over the last nine years. Around 200 cooks will participate in the "Food Street," which showcases regional cuisines and royal culinary legacy, and will include traditional Indian cuisine. Government agencies, business leaders, farmers, entrepreneurs, and other interested parties will have a forum to network, develop alliances, and look into investment opportunities in the agri-food sector through World Food India. CEO roundtables with an emphasis on investment and ease of doing business will also be held during the event. A number of pavilions have been erected to highlight the power and inventiveness of the Indian food processing sector. [caption id="attachment_4902" align="alignnone" width="300"] Rs 50,000 cr FDI in food processing sector in last 9 yrs: Modi[/caption]

Business header Jammu and Kashmir National

Tata Motors To Supply, Operate 200 Electric Buses In Srinagar, Jammu For 12 Yrs

editor November 2, 2023

NEW DELHI, Nov 2: On Thursday, Tata Motors announced that as part of the Srinagar and Jammu Smart City projects, it will provide and run 200 electric buses in both cities for a period of 12 years. Tata Motors said in a statement that the company has delivered the first batch of Ultra EV air-conditioned electric buses to Srinagar Smart City Ltd through TML Smart City Mobility Solutions (J&K) Pvt Ltd, a group entity. The statement went on, "The delivery of the electric buses is a part of its bigger order to supply, maintain, and operate 100 electric buses for the Srinagar and Jammu Smart City projects over a period of 12 years."This marks a significant milestone in our ongoing commitment to safer, smarter, and greener mobility solutions, and we look forward to playing a key role in shaping the future of public transport in Jammu & Kashmir," stated Asim Kumar Mukhopadhyay, chairman of TML Smart City Mobility Solutions (J&K) Pvt Ltd, in response to the delivery of the first batch. According to Tata Motors, it has provided more than 1,000 electric buses to various Indian cities to far, with an overall mileage of over 9.6 crore kilometres and an uptime of more than 95%. [caption id="attachment_4833" align="alignnone" width="300"] Tata Motors To Supply, Operate 200 Electric Buses In Srinagar, Jammu For 12 Yrs[/caption]

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