Government amends IT rules to establish social media grievance appellate panels
The content filtering choices made by social media sites like Meta and Twitter will be subject to review by the grievance committees.
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India developed GrainATM bags global innovation award
The automatic grain dispensing machine developed in India by the United Nations World Food Programme has been awarded with the global innovation award in Munich, Germany.
WPI inflation reaches new high of 15.08 %
In April, wholesale price-based inflation hit a new high of 15.08 percent, owing to increased costs in a variety of sectors, including food and commodities. Inflation based on the WPI was 14.55 percent in March and 10.74 percent in April of the previous year.
Moody’s improve rating outlook of India from negative to stable
The rating agency expects India's real GDP growth to be average around 6% over the medium term, reflecting a potential activity recovery as conditions normalise.
Chinese investors may be blocked by the Government of India from buying shares in LIC’s IPO: Report
"The government may block the Chinese investors from becoming cornerstone investors in the LIC IPO, but still, the Chinese investors can buy shares in the secondary market," says a government official.
Uday Kotak to remain as the Non- executive Chairman of IL&FS for another six months
Uday Kotak term as non-executive chairman of the debt-ridden IL&FS group has been extended by the government of India for another six months.
Government exempts Air India to pay taxes on its transfer of assets to SPV Air India Holdings Ltd
In a series of guidelines, the Central Board of Direct Taxes (CBDT) has averred that no TDS shall be deducted under section 194Q in case of transfer of goods by Air India Ltd to AIAHL.
Centre issues fresh parameters to spot fake COVID-19 vaccines, Check here
In September, The Union Health Ministry conferred a list of restraints with the states and Union territories to spot the original models of Covishield, Covaxin and Sputnik V. These three vaccine variants are being used across India to suffice the mass inoculation drive against the virus.
Tenure of UCO Bank’s MD, CEO extended for 2 years by government
The central government, through a notification dated August 26, extended the term of office of Atul Kumar Goel as UCO Bank's managing director and chief executive officer (MD & CEO), for a period of two years or until further orders, whichever is earlier, the bank added during a regulatory filing.
Swiggy joins hand with Reliance BP Mobility to build EV ecosystem
It had been alleged that Swiggy and Zomato were in the talks with electric scooter and bike aggregators like Spinny, Zypp and eBikeGo to switch 10 per cent of their fleets to electric by 2021.
India, World Bank signs $250 million project for safety of existing dams
The dam safety management would be transformed by another major innovation of the project which would introduce a risk-based approach to it which would help to effectively allocate financial resources towards the importance of dam safety needs.
Centre brings down minimum time limit to solve public grievances
A Parliamentary Standing Committee had recommended to reduce the minimum time limit in March.
Government spent Rs 17784 crore in renovating airports in past 5 years: Ministry of Civil Aviation
The AAI would be receiving more than the net benefits that it would have initially received if they operated the six airports on their own, as post the PPP, the estimated net benefits accumulating to the AAI would be more.
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