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Новости за 18.06.2024

Five more and counting: India's Cannes show continues; wins include silver & bronze Lion for Earlyman Film ad

Economictimes.indiatimes.com 

Indian agencies have secured five Lions at the Cannes Lions, marking a significant achievement for the country. Earlyman Film won a silver and bronze Lion for their 'Jindal Steel-The Steel of India' ad, while Ogilvy Mumbai's Cadbury 5 Star 'Erase Valentine's Day' campaign, Leo Burnett Mumbai's Gatorade 'Turf Finder' campaign, and VML Mumbai's Coca-Cola 'Sing to Remember' campaign each received a bronze Lion.

DICGC lags global peers in processing claims: Michael Patra

Economictimes.indiatimes.com 

DICGC takes about a month or more to reimburse deposits when a bank collapses, while the International Association of Deposit Insurers (IADI) is moving towards reimbursement within seven days from 14 days now, Patra said in his keynote speech at the IADI executive committee meeting in Rome.

Credit funds, family offices fill void left by banks at AIFs

Economictimes.indiatimes.com 

The central bank came out with a circular in December 2023, requiring mainstream banks and NBFCs to divest their investments in AIFs that have funded any company that has borrowed from the bank or NBFC. The regulator had also raised provisions for banks or NBFCs investing in AIFs that subsequently lend to their borrowing companies.

WhatsApp business calling service won't disrupt traditional toll-free channels: Experts

Economictimes.indiatimes.com 

According to communications sector experts, WhatsApp's introduction of calling for businesses is not expected to significantly diminish traditional telecom voice calling channels. Instead, it aims to enhance customer service through "contextual calling" without disrupting existing toll-free customer services managed by large enterprises. This move is seen as providing businesses with an additional service channel to expedite customer query resolutions and increase lead conversions.

PCB dumping duty hits IT hardware making under PLI

Economictimes.indiatimes.com 

Executives ET spoke with said the cost impact due to the ADD is 3-4% for lighting products, 1% for IT hardware products, and 2-3% for telecom products. This is especially hurting those firms that have undertaken domestic PCB assembly, where components like transistors and resistors are mounted on top of the bare PCB, as part of the localisation schedule of the revised IT hardware PLI scheme.

India's world-beating growth pace to continue, says RBI Governor Shaktikanta Das

Economictimes.indiatimes.com 

"In the first three quarters of 2023-24, the current account deficit was 1.2% (of GDP)," Das said. "Our teams are working on the fourth quarter numbers. They look to be even lower, and when you look at the annual current account deficit number, I will not be surprised next week when we publish the current account deficit numbers - they could be even lower than 1% (of GDP)," he said at the ET Now event.



As new ad regime dawns, cos make over 5K avowals

Economictimes.indiatimes.com 

Marketers in India have started implementing the self-declaration certificate (SDC) mandate for new ads since June 18. The ministry of information and broadcasting (MIB) directive mandated that all new print, TV, digital, and radio ads must have an SDC generated through the Broadcast Seva portal for TV and radio and the PCI for print and digital ads from June 18. While the SDC mandate is challenging for advertisers, it will not hinder the rollout of new ads. Brand marketers have generated over 5,000... Читать дальше...

Jharkhand govt set for cabinet expansion; Kalpana Soren likely to be one of the inductees

Economictimes.indiatimes.com 

Five months ahead of the assembly polls in Jharkhand, the Champai Soren-led coalition government is considering a Cabinet expansion in July. This move aims to fill two vacancies and possibly include Kalpana Soren, wife of jailed former CM Hemant Soren, who won the Gandey assembly by-election in May. While sources suggest Kalpana could be a key face for the upcoming polls, there is speculation about her reluctance to join the Cabinet for less than six months.

Som Distilleries & Breweries' child labour incident casts a cloud over India Inc's supply chains

Economictimes.indiatimes.com 

Listed company SDBL in Bhopal rescued 58 children from child labour. Bachpan Bachao Andolan aided in rescue operation. While listed companies themselves rarely engage in child labour practices, they can become inadvertently connected to such practices through their supply chains. These issues predominantly involve smaller, unorganized entities in sectors like textiles, carpets, mining, firecrackers, and agriculture, where supply chains are intricate and challenging to oversee.

Third Eye: BJP's poor UP results, Uddhav's backchannel talks, and Naidu's speaker aspirations in focus

Economictimes.indiatimes.com 

Political circles are buzzing with a mix of speculation and intrigue following several key events. The BJP's poor performance in Uttar Pradesh has spurred numerous theories. Meanwhile, Uddhav Thackeray, during a joint press conference with Sharad Pawar and Congress leaders, humorously deflected questions about rumoured backchannel talks with BJP to join NDA, evoking laughter among the leaders. Additionally, Andhra Pradesh CM N Chandrababu Naidu's strategic manoeuvre to assert TDP’s claim on the Speaker’s post has sparked curiosity.

NDA's Maha poor Lok Sabha show: NCP hits back at BJP for blaming Ajit Pawar; warns of taking 'different stand' on alliance

Economictimes.indiatimes.com 

The blame game between BJP and NCP has escalated in Maharashtra after BJP members blamed Ajit Pawar's NCP alliance for their poor Lok Sabha election results. NCP leaders, including Amol Mitkari and Rupali Patil, have strongly refuted these claims, warning of reconsidering their alliance if the targeting continues. They criticized BJP's leaders for making divisive statements, suggesting it led to electoral setbacks rather than Ajit Pawar's influence.

No change in BJP's Maharashtra leadership and government, party makes it clear

Economictimes.indiatimes.com 

Fadnavis accompanied Goyal when he was talking with reporters after a meeting at BJP headquarters over Maharashtra assembly polls. BJP is exploring the option of declaring candidates for Maharashtra, Haryana and Jharkhand polls, scheduled to be held later this year, before election panel announces dates, sources said.

Four lakh workers face salary delays as lab diamond prices fall

Economictimes.indiatimes.com 

Nearly four lakh workers in Surat's LGD industry face wage delays and job uncertainties due to falling prices of lab-grown diamonds, impacting revenue of units. Export demand is not as expected, leading to concerns of job losses. Export volume growth has slowed down, and the value of lab-grown diamonds has fallen significantly.

JDU MP Devesh Chandra Thakur draws flak from his own party & ally BJP for his anti Muslims & Yadavs remark

Economictimes.indiatimes.com 

Sitamarhi MP Devesh Chandra Thakur's controversial statement that he won't work for Muslims and Yadavs because they didn't vote for him in the Lok Sabha polls has sparked criticism across Bihar. Thakur, who secured victory over RJD candidate Arjun Ray, faced rebuke from within his own JDU party, including senior leaders like Vijay Choudhary and Giridhari Yadav, who termed his remarks shameful and called for their retraction.

TDP shifts focus to Andhra specific union ministry-wise list of demands, sets aside speaker's post pursuit

Economictimes.indiatimes.com 

The Telugu Desam Party (TDP) has opted not to pursue the Speaker's post and instead focused on presenting specific demands to the Centre concerning Andhra Pradesh. TDP leader N Chandrababu Naidu aims to secure central funds for the development of Amaravati as the sole capital of Andhra Pradesh and clearance of arrears related to the Polavaram Irrigation Project.

Australian, Canadian broadcasting corp reports on Indian 'meddling' alike

Economictimes.indiatimes.com 

Australian Broadcasting Corporation (ABC) has made allegations about Indian spies and the Modi government's infiltration in Australia, similar to a report by Canadian Broadcasting Corporation (CBC). The ABC report claims that the Sikh diaspora and their families in India have been coerced by Indian authorities, and the Australian government is worried about Indian spies on its soil.

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NDA focuses on president's address, floor unity; speaker's name to be announced soon

Economictimes.indiatimes.com 

The BJP is preparing for the upcoming Parliament session by conducting consensus-building exercises with its allies for the President's address. Defence Minister Rajnath Singh is leading these efforts, organizing meetings with NDA constituents to coordinate better and ensure unity in parliamentary proceedings. Discussions at these meetings, held at Singh's residence, focused on aligning NDA allies on the content of the President's address and enhancing floor coordination to present a cohesive front against the Opposition.

Firing incident leaves one dead in Burger King, Rajouri Garden

Economictimes.indiatimes.com 

A fatal shooting occurred at Burger King in Rajouri Garden, Delhi, resulting in one death, according to Delhi Police. Police and Crime Teams are currently at the scene investigating the incident, with efforts focused on gathering information and reviewing CCTV footage.

CCI approves WeWork Inc's exit from India unit

Economictimes.indiatimes.com 

CCI approves WeWork Inc's exit from WeWork India as investors acquire stake. Co-founded by Adam Neumann and Miguel McKelvey, WeWork India reports revenue growth and narrowing losses. Awfis goes public, while other platforms like Indiqube, CoWorks, 91Springboard, and Bhive operate in the coworking space.

Pannun Case: Top democratic senators urge strong diplomatic response

Economictimes.indiatimes.com 

Democratic Senators have called for a strong diplomatic response from the Biden administration to allegations of the Indian government's involvement in a foiled plot to assassinate Sikh extremist Gurpatwant Singh Pannun on US soil. The letter, signed by Senators Jeff Merkley, Ron Wyden, Tim Kaine, Bernie Sanders, and Chris Van Hollen, urged accountability and a briefing on the administration's engagement with the Indian government.

US, India must stay at tech forefront, says Ajit Doval

Economictimes.indiatimes.com 

India and the US must remain at the forefront of technology to protect and defend their value systems and strategic interests. National Security Advisor Ajit Doval and American counterpart Jake Sullivan attended the Initiative for Critical and Emerging Technology (iCET) Industry Roundtable. They discussed the importance of innovation, production, and deployment in technology partnerships.


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