The Karnataka government has temporarily halted the state-level best teacher award for the principal of Kundapur Government Pre-Graduation College due to past controversy over enforcing a hijab ban. Following backlash on social media, Education Minister Madhu Bangarappa stated that the issue is under review. Hindu organizations and political figures have criticised the decision as appeasement politics.
The Punjab Cabinet has approved an increase in value-added tax on petrol and diesel by 61 paise and 92 paise per litre, respectively. This decision, made during a meeting chaired by Chief Minister Bhagwant Mann, is expected to boost revenue by Rs 395 crore from diesel and Rs 150 crore from petrol.
PresVu eye drops, approved by DCGI, offer a breakthrough for presbyopia by improving near vision in just 15 minutes, eliminating the need for reading glasses.
Former Education Minister Manish Sisodia emphasised that teachers' salaries should surpass those of IAS officers to help India become a developed country by 2047. Speaking at a Teachers' Day event, he cited examples from Germany and Switzerland. Sisodia also shared his experiences of studying education systems while incarcerated in Tihar jail for 17 months.
"Google's refusal to provide third-party access to Android Auto platform may be in breach of competition rules," Advocate General Laila Medina at the Luxembourg-based Court of Justice of the European Union (CJEU) said.
The Karnataka education department has paused an award for BG Ramakrishna due to backlash over his past actions during the hijab controversy. The principal allegedly asked students wearing hijabs to stand outside the classroom, leading to significant criticism. The decision reflects the impact of public opinion on recognizing individuals for their achievements.
Prime Minister Narendra Modi emphasized the role of proper toilets in reducing infant and child mortality, citing research on the Swachh Bharat Mission's impact. He noted that improved sanitation has significantly benefited public health in India. The research published in 'Nature' highlighted that toilet construction under SBM may have averted 60,000 to 70,000 infant deaths annually.
MahaRERA: A non-resident Indian (NRI) paid Rs 97 lakh to book a Godrej flat, however when Godrej cancelled the flat booking, entire money (Rs 97 lakh) was allegedly forfeited by Godrej. After a 6 year fight MahaRERA appelate tribunal ordered Godrej to pay Rs 97 lakh plus State Bank of India (SBI) highest MCLR interest rate plus 2% to the NRI. By calculation this comes to Rs 1. 26 crore.
Disgruntled Sebi employees staged a silent protest outside the Mumbai headquarters, demanding the withdrawal of a statement blaming 'external forces' for their grievances and seeking the resignation of their boss. The protest follows an unprecedented complaint to the finance ministry about a toxic work culture under Sebi's leadership.
A total of 1,682,704 shares changed hands on the counter till 02:09PM (IST).
Stability in US markets sets the tone for the resumption of the rally in India.
The Noida Authority's proposed amendments to building by-laws aim to increase the Floor Area Ratio (FAR), which will boost both commercial and residential growth. This change, part of the Noida Master Plan-2031, will allow for more units within the same land area, promoting efficient land use and accommodating a growing population.
Radisson Hotel Group has signed Glenview Resort in Kasauli, expanding its presence in Himachal Pradesh to 10 hotels. The resort will open in Q4 2024, featuring various rooms, event spaces, a swimming pool, gym, and dining options. The location is easily accessible from Chandigarh International Airport and popular destinations like Shimla and Solan.
Innovative Retail Concepts runs the business-to-cusotmer (B2C) unit of BigBasket. It posted net loss of Rs 1,267 crore for FY24 and an operating revenue of Rs 7,885 crore. Over the past two years, BigBasket has seen major rivalry from quick commerce players such as Zomato-owned Blinkit, Swiggy Instamart and Nexus Venture Partners-backed Zepto in the hyperfunded online grocery delivery space.
A total of 6,930 shares changed hands on the counter till 02:03PM (IST)
A total of 27,894 shares changed hands on the counter till 01:59PM (IST)
Recent seizures of advanced weapons in Punjab and Kashmir highlight a disturbing trend: high-tech arms originally intended for NATO forces are ending up in the hands of terrorists and criminals in India. The flow of these weapons from Afghanistan, following the US military withdrawal, underscores a broader issue of global arms trafficking and its impact on regional security.
The combined disbursements of both companies stand at over Rs 10,000 crore across 450+ companies, showcasing significant market presence and expertise
A total of 2,916 shares changed hands on the counter till time (IST).
Businesses are increasing seasonal hiring by 20% compared to last year, driven by demand in Tier 2 and 3 cities. Major metros have seen an 18-20% rise, while smaller cities have witnessed a 22-25% surge. Key roles include delivery executives, warehouse workers, and logistics coordinators.
The Joint Parliamentary Committee, led by Jagdambika Pal, aims to introduce a bill benefiting the poor, children, women, and minorities. They have invited three ministries for discussions and are considering feedback from various stakeholders, including Muslim organizations that have expressed objections to the Waqf Amendment Bill 2024.
Rain continues to affect parts of Rajasthan with the Meteorological Centre in Jaipur predicting active monsoon in the eastern region this week. Heavy rainfall was recorded in several districts including Bundi, Jaipur, and Jodhpur. Nainwa in Bundi district logged the highest rainfall of 141 mm. Moderate to heavy rain with thunderstorms is expected to persist in Jodhpur and Bikaner divisions till Sunday, with heavy rain likely in Jodhpur division till Saturday.
Commerce and Industry Minister Piyush Goyal has proposed discussions on a border adjustment tax with key steel industry leaders to protect against imports at predatory prices. He emphasized the need for sustainable manufacturing, lower carbon emissions, and higher productivity. Goyal also assured government support to safeguard the steel industry's interests.
However, it is important to note that grey market premiums are just an indicator of how the company's shares are stacked up in the unlisted market and are subject to change rapidly.
On the technical charts, the RSI of the stock stood at 40.98.