Archive for October 2023

Home Archive for October 2023

GMR Airports Infrastructure Ltd (GIL) on Monday reported its consolidated net loss reduced to Rs 190 crore in the July-September quarter of the current fiscal year. The company had reported a net loss of Rs 197 crore in the quarter ended September 30, 2022. Company's net income during the reporting quarter rose 25 per cent to Rs 1,607 crore against a net income of Rs 1,285 crore achieved in the second quarter of previous fiscal, GIL said in a statement. The total passenger traffic increased by 25 per cent year-on-year to 26.5 million in the July-September period, the company said. EBITDA (earnings before interest, taxes, depreciation and amortisation) during the September quarter grew by 34 per cent year-on-year to Rs 848 crore, it said. According to GIL, passenger traffic at Delhi airport increased to 17.7 million, up 18 per cent YoY from 15 million in the corresponding quarter of FY23. Domestic traffic witnessed a 16 per cent YoY growth, while international traffic rose by 22 pe

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jawans injured as bus overturns in hilly area in Gujarat

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Caught on camera Stuntman crushed to death under tractor wheels at Punjab fair

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Participation of women in the country's workforce increased to 37 per cent in 2022-23, Union Education Minister Dharmendra Pradhan said on Saturday. Speaking at the 'Rozgar Mela' here, Pradhan said the figure was 23 per cent in 2017-18. "There has been balanced growth in society as there has been a rise in women's participation in the workforce," he said, adding that women are hard-working than men. The Narendra Modi government's women-focussed schemes have helped to raise the participation of women in the workforce, he said. The Centre is giving priority to women in policy-making and leadership roles, he said, maintaining that the prime minister has been stressing on the need to uplift women in the country. There is a need to skill women to increase the workforce of the country, he said, highlighting the importance of re-skilling and up-skilling working women to adapt them to changing technologies. Pradhan also said that the rate of unemployment in the country has come down to 3

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A Bangladeshi policeman was killed and more than 200 people, including security personnel, were injured on Saturday as violence erupted during rallies called by the ruling and opposition parties here, heightening tensions in the country ahead of the expected elections in January. The main opposition Bangladesh Nationalist Party (BNP), led by former prime minister Khaleda Zia, organised a grand rally here demanding the resignation of Prime Minister Sheikh Hasina to allow free and fair elections under a non-party interim government. Dhaka Metropolitan Police Spokesman Faruk Hossain said BNP activists hacked to death a police constable while 41 other policemen were wounded in clashes across the capital. He added that 39 policemen were undergoing treatment at the Rajarbagh Central Police Hospital (CPH). Doctors declared him (policeman) dead as he was brought here, Bacchu Mian, Inspector at the police outpost at state-run Dhaka Medical College Hospital, told reporters, as the ruling Awam

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As per the proposal, the Indian Navy will get 22 single-seated Rafale Marine aircraft along with four trainer aircraft

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PAK vs SA Pakistan lose consecutive World Cup matches for the first time

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The United States put forward a draft resolution on Saturday as global outcry grew over a worsening humanitarian crisis and mounting civilian death toll in Gaza

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CMS Info System Ltd stock closed two per cent higher at Rs 368.75 per share on BSE

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Drawing a parallel between terrorist attacks by Pakistan-based Lashkar-e-Taiba in Mumbai and by Hamas in Israel, US Secretary of State Antony Blinken on Tuesday said that all acts of terrorism are "unlawful and unjustifiable" and the Security Council must denounce member states that arm, fund and train terrorist groups. Blinken made the remarks while addressing the Security Council ministerial meeting on the situation in the Middle East following the October 7 attack on Israel by Gaza-based Hamas militants. "We must affirm the right of any nation to defend itself and to prevent such horror from repeating itself. No member of this Council, no nation in this entire body could or would tolerate the slaughter of its people, Blinken told the UN Security Council here. In his remarks, Blinken drew a parallel between the terrorist attacks by Hamas against Israel and the Pakistan-based terror organisation Lashkar-e-Taiba in Mumbai. "As this Council and the UN General Assembly have repeatedl

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Consumer protection regulator CCPA on Monday said it is probing 20 IAS coaching centres for alleged misleading advertisements and unfair trade practices of using toppers and successful candidates' names and pictures to influence prospective aspirants. Briefing media, Central Consumer Protection Authority (CCPA) Chairperson Nidhi Khare said out of 20 institutes, a penalty of Rs 1 lakh each has also been imposed on four centres -- Rau's IAS Study Circle, Chahal Academy, IQRA IAS and IAS Baba. Notices have been issued to Vajirao & Reddy Institute, Chahal Academy, Khan Study Group IAS, APTI Plus, Analog IAS, Shankar IAS, Sriram's IAS, BYJU's IAS, Unacademy, NEXT IAS, Drishti IAS, IQRA IAS, Vision IAS, IAS Baba, Yojana IAS, Plutus IAS, ALS IAS, Rau's IAS Study Circle and Dhishti IAS, she added. "The notices have been issued in the last one-and-half years for deliberately concealing important information about successful students. We have imposed a penalty on four centres, while other ..

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Tata Motors and Ford India signed deal for the latter's Sanand unit for Rs 725 cr in 2022

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They may consider visiting campuses only after March qtr

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Nawaz Sharif returns to Pakistan after year exile eyes political comeback

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On Friday afternoon, Biden released a statement taking credit for the pair's release and thanking "the government of Qatar and the government of Israel for their partnership in this work

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China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said

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Greta Thunberg posts Stand With Gaza tweet then deletes Heres why

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Train misses station halt reverses nearly metres to pick up passengers

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Attorneys for some plaintiffs opposed the idea of a return to bankruptcy court

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Wifes poor cooking skill not cruelty Kerala High Court dismisses divorce plea

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Air India, Vistara, SpiceJet, and IndiGo representatives thanked him for the recent amendment in IBC whereby aircraft equipment have been exempted from moratorium under the IBC

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Gaza facing severe water crisis How dehydration could kill the survivors

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The federal judge overseeing the 2020 election subversion case against Donald Trump in Washington imposed a narrow gag order on him on Monday, barring the Republican former president from making statements targeting prosecutors, possible witnesses and the judge's staff. The order from U.S. District Judge Tanya Chutkan is a milestone moment in the federal case that accuses Trump of illegally conspiring to overturn his 2020 election loss to Democrat Joe Biden. Special counsel Jack Smith's team had raised alarm about a barrage of statements disparaging prosecutors, the judge and prospective witnesses. Those comments, prosecutors said, risked undermining public confidence in the court system and causing witnesses or people who might be picked as jurors for trial to feel harassed and intimidated. Chukan said there would be no restrictions statements criticizing the Justice Department generally or statements about Trump's belief that the case is politically motivated. Trump's lawyers ...

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How dogs are helping displaced Israelis cope with war trauma Ground Report

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Australia bounce back after twin losses with wicket win over Sri Lanka

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The US has asked Qatar to relay a warning to Hezbollah not to open up a second front to the war in the country's north

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Chief Justice of India D Y Chandrachud on Saturday said technology-friendly legal systems must be complemented by a change in mindset of each judge, member of the bar, registry official and administrative staff. Technology is a source of inclusion and any resistance to it often stems from "inner inertia to disturb the status quo and fear of the unknown", he said. CJI Chandrachud was speaking at an event here to celebrate the platinum jubilee of the Rajasthan High Court. He also inaugurated the paperless court and Telegram channel of the High Court. "Our move towards a technology-friendly legal system must be complemented by a change in the mindset of every judge, every member of the bar, registry official and administrative staff," the chief justice said. Citing conditions set by some high courts for litigants to get access to a digital link for video conferencing, he said, "Technology is only for the old and not for the young... these mindsets have to change. In our revolution to

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The MPIDC officials said an online allotment process will be adopted for the canceled plots

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Jasprit Bumrah is a bigger threat than Pakistan pacers says Sunil Gavaskar

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The US will never falter from its support for Israel, Secretary of State Antony Blinken said on Thursday but underlined the importance of taking "every possible precaution to avoid harming civilians" as the Israeli military prepares for a "next stage" of the war against Hamas militants in Gaza. "No country can or would tolerate the slaughter of its citizens or simply return to the conditions that allowed it to take place. Israel has the right, indeed the obligation, to defend itself and to ensure that this never happens again," Blinken told reporters while speaking alongside Israeli Prime Minister Benjamin Netanyahu in Tel Aviv. Blinken also reiterated that respect for civilian life is what distinguishes democracies from the likes of Hamas, saying, "As the Prime Minister and I discussed, how Israel does this matters." Blinken also stressed that Hamas does not represent the Palestinian people. "This was just one of Hamas' countless acts of terror. It brings to mind the worst of ISIS

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The Israeli military said Wednesday night that hostile aircraft had entered the country from Lebanon, setting sirens blaring across northern Israel as it urged citizens there to shelter. The military did not specify the kind of aircraft. But Lebanon's Iranian-backed Hezbollah and Palestinian militants are known to have drones and gliders. The news came after Hezbollah fired anti-tank missiles at an Israeli military position earlier Wednesday, claiming to have killed and wounded troops. The Israeli military confirmed the attack but did not comment on possible casualties. The Israeli army shelled the area in southern Lebanon where the attack was launched.

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War with Hamas clashes with Lebanon Syria How Israel faces attack on fronts

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We lost everything Israeli woman breaks down after house gets bombed by Hamas

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Grateful to Humans of Bombay founder as controversial lawsuit concludes

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Manipur High Court Acting Chief Justice among judges transferred by top court

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Government sets up control room amid IsraelPalestine war Check details

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The first of a two-part series looks at the reasons compelling farmers across Punjab to burn stubble

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Video Samajwadi Party worker bawls his eyes out at Mulayam Singhs memorial

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Indian Navy and Tanzania Shipping Agencies Corporation also signed a technical agreement on Sharing White Shipping Information, the Ministry of External Affairs said in a statement

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Hamas threatens to kill captives if Israel continues attacks without warning

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Chief of Air Staff Air Chief Marshal VR Chaudhari on Sunday unveiled a new ensign of the Indian Air Force (IAF), replacing the existing one that was adopted more than seven decades back. The IAF Chief released the new ensign at the 91st IAF Day celebrations in Uttar Pradesh's Prayagraj. In the new ensign, the IAF crest features in the top right corner. It is a momentous day in the annals of the IAF's history, the force said on 'X'. The unveiling of the new ensign by the IAF came over a year after the Navy made changes in its ensign shedding its colonial past. The existing ensign was adopted in 1950, replacing the Royal Indian Air Force ensign that featured the Union Jack and the RIAF roundel (red, white and blue). "As we start a new chapter in the history of IAF, let us all strive to be the change that we want to see," Air Chief Marshal Chaudhari said in his Air Force Day address. "Let us work together to take our air force to greater heights and let us use our commitment and ..

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Biotechnology major Biocon on Saturday said the US health regulator has issued a complete response letter for Biocon Biologics' application for Insulin Aspart, a proposed biosimilar for diabetes treatment. The US Food and Drug Administration (USFDA) has issued a Complete Response Letter (CRL) to convey to the company that its initial review of an application is complete, and it cannot approve the application in its present form. "The CRL did not identify any outstanding scientific issues with the product. The CRL references the requirement for a satisfactory resolution of deficiencies from the pre-approval inspection (PAI) of our Malaysia facility for Insulin Aspart, held in August 2022," Biocon spokesperson said in a regulatory filing. The company had submitted a comprehensive Corrective and Preventive Action (CAPA) plan in September 2022 that the agency found to be adequate and indicated that it would require a re-inspection of the Malaysia facility prior to the approval of the ..

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Goyal added that trade in domestic currencies will help save at least 5 per cent on all trade between the two countries

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This UK university launched the first MA programme in magic and occult science

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Here is the best of Business Standard's opinion pieces for today

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Asian Games 2023 LIVE update: Indian men's cricket team, women's & men's Kabaddi would look to confirm three medals for the country; India's medal tally: 86 - 21 Gold, 32 Silver & 33 Bronze

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The growth in AUM results from both market performance and fresh investments

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Kulmeet Bawa, president and MD, SAP Indian Subcontinent, talks about SAP's growth journey in India and AI strategy

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Edtech firm Physics Wallah is planning to expand its counselling centres for students' well-being to 18 cities, the company said on Wednesday. The company has a team of experienced counsellors -- 17 online and six offline -- in Kota and Patna that are run under the name of Prerna. While online counselling is available for students across the country, Physics Wallah is planning to open offline centres in 16 more cities. "Ahead of World Mental Health Day on October 10, Physics Wallah has extended its focus beyond academics to address a crucial concern: students' emotional well-being through its free helpline 'Prerna'. The helpline will also be expanding its offline presence to 16 more cities, allowing for physical assistance to students," the firm said in a statement. Beyond counselling, the Prerna team engages with parents and helps them identify potential issues in their children and find the right support. "Students frequently approach me to share their challenges, and I feel ...

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ENG vs NZ New Zealand eye final revenge vs Jos Buttlers England in opener

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The retreat of the southwest monsoon from northern India and an early harvest have contributed to the rise in instances of stubble burning in the six states

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Bengaluru mulls congestion tax on roads during peak hours to reduce traffic

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Investors unlikely to withdraw during market downturns or for other needs may do without them

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Handler of arrested terrorists a fugitive operating from Pakistan Delhi Police

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Turkeys airstrikes on Kurdish militant targets after suicide bombing in Ankara

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Here is the best of Business Standard's opinion pieces for today

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Asian Games 2023 LIVE updates: Indian paddlers Sutirtha and Mukherjee will be in action in Semis vs Koreans in the women's doubles event. India have 53 medals - Gold- 12, Silver - 20; Bronze - 20

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"Services supply and demand grew at a slower pace in September, as market conditions improved less than expected," said Wang Zhe, senior economist at Caixin Insight Group.

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On a visit to the state earlier, Rahul launched a blistering attack on the BJP, saying its government in Madhya Pradesh was "epicentre of corruption" and was not paying the proper price to farmers

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Asian Games 2023 LIVE udpates: Indian men's team lock horns with China in the afternoon in a historic Gold medal match. India have won 10 Gold, 14 Silver and 14 Bronze with a total of 38 medals.

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Asian Games Day Live India take on China in badminton final

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Afghan embassy in India ends operations cites lack of diplomatic support

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Azad Engineering Ltd has filed draft papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The company's IPO comprises a fresh issue of up to Rs 240 crore and an offer-for-sale (OFS) of equity shares aggregating up to Rs 500 crore by a promoter and investors, according to the draft red herring prospectus (DRHP). The OFS consists of the sale of equity shares aggregating up to Rs 170 crore by promoter Rakesh Chopdar, equity shares worth up to Rs 280 crore by Piramal Structured Credit Opportunities Fund and equity shares to the tune of up to Rs 50 crore by DMI Finance. Proceeds from the fresh issues will be used for funding capital expenditure of the company, payment of debt, and general corporate purposes, as per the draft papers filed on Friday. Azad Engineering is one of the key manufacturers of their qualified product lines supplying global original equipment manufacturers (OEMs) in the aerospace and defence, energy, and oil an

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Video Police use hand pump to recover spurious liquor hidden underground

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