Author: admin

Paradigms addressed by direct purchase of rice from FCI for States: Explained

Posted on By admin

Image for representational purposes only. | Photo Credit: M. SRINATH The story so far: Union Minister for Food and Consumer Affairs Pralhad Joshi announced on August 1 that States can directly purchase rice from the Food Corporation of India (FCI) under the Open Market Sale Scheme (Domestic) without participating in the e-auction beginning August 1….

Read More “Paradigms addressed by direct purchase of rice from FCI for States: Explained” »

Business

Adani’s Ambuja Cement to invest ₹1,600 crore in Bihar to set up grinding unit

Posted on By admin

This investment from Ambuja Cementis “the largest investment in the State by a cement industry player”. File | Photo Credit: Reuters Adani Group-owned Ambuja Cement Ltd (ACL) on August 3 announced an investment of around ₹1,600 crore in Bihar to set up a cement grinding unit at Warisaliganj in Nawada district. The 6 MTPA Warisaliganj…

Read More “Adani’s Ambuja Cement to invest ₹1,600 crore in Bihar to set up grinding unit” »

Business

Finance Ministry urges insurance companies to support Kerala calamity victims for expedited insurance claims processing, payment

Posted on By admin

Rescuers and other stand amid debris after landslides hit hilly villages in Wayanad district, Kerala on July 30, 2024. | Photo Credit: AP The Finance Ministry on August 3 urged all Public Sector Insurance companies to extend all possible support to Kerala calamity victims so that their insurance claims can be expeditiously processed and paid….

Read More “Finance Ministry urges insurance companies to support Kerala calamity victims for expedited insurance claims processing, payment” »

Business

SBI Q1 results: Net profit rises marginally at ₹17,035 crore; gross NPAs decline to 2.21%

Posted on By admin

SBI posted a net profit of ₹16,884 crore in the April-June quarter of 2023-24. File | Photo Credit: Reuters State Bank of India (SBI) on August 3 reported an almost flat standalone net profit at ₹17,035 crore for the first quarter of the current financial year. The country’s biggest lender had posted a net profit…

Read More “SBI Q1 results: Net profit rises marginally at ₹17,035 crore; gross NPAs decline to 2.21%” »

Business

A policy soon to channel CSR funds in education: Karnataka Deputy CM Shivakumar

Posted on By admin

Deputy Chief Minister, D K Shivkumar speaking in the Karnataka Bank centenary year celebration function. File | Photo Credit: H.S. Manjunath The government of Karnataka will soon formulate a policy to mandate corporates in the States to direct their Corporate Social Responsibility finds to education, said Karnataka Deputy Chief Minister D.K. Shivakumar. ‘We are planning…

Read More “A policy soon to channel CSR funds in education: Karnataka Deputy CM Shivakumar” »

Business

India’s agri transformation a lesson for others: Modi

Posted on By admin

Prime Minister Narendra Modi speaks at the inauguration of the 32nd International Conference of Agricultural Economists, in New Delhi. | Photo Credit: PTI Inaugurating the triennial conference organised by the International Association of Agricultural Economists here on Saturday, Prime Minister Narendra Modi said India’s experience is valuable for discussions on transforming the food system and…

Read More “India’s agri transformation a lesson for others: Modi” »

Business

US Sending More Warships, Fighter Jets To Middle East Amid Rising Tensions

Posted on By admin

The United States said that it will bolster its military presence in the Middle East. Washington: The United States will bolster its military presence in the Middle East, deploying additional warships and fighter jets to protect US personnel and defend Israel amid soaring tensions in the region, the Pentagon said Friday. The announcement comes after…

Read More “US Sending More Warships, Fighter Jets To Middle East Amid Rising Tensions” »

World

Simone Biles says she loves her ’black job,’ an apparent clapback at Donald Trump

Posted on By admin

Simone Biles, of the United States, celebrates after performing in the floor exercise during the women’s artistic gymnastics all-around finals in Bercy Arena at the 2024 Summer Olympics, Thursday, Aug. 1, 2024, in Paris, France. | Photo Credit: AP Olympic gymnastics champion Simone Biles entered the fray of the U.S. presidential race on Friday with…

Read More “Simone Biles says she loves her ’black job,’ an apparent clapback at Donald Trump” »

World

US Secret Service Accepts Responsibility For Failure To Protect Trump

Posted on By admin

At 6 pm, former President Trump took the stage to begin remarks. Washington: The United States Service has owned its failure to protect former president Donald Trump at an election rally in Pennsylvania on July 13. A young gunman shot at Trump, 78, when he was addressing an election rally in Butler. Trump escaped the…

Read More “US Secret Service Accepts Responsibility For Failure To Protect Trump” »

World

Biden, US First Lady Jill Biden Extend Condolences Over Wayanad Landslides

Posted on By admin

Jill and I extend our deepest condolences to all those affected by the deadly landslides, Biden said. Washington: US President Joe Biden and First Lady Jill Biden expressed condolences to India over the devastating landslides in Kerala’s Wayanad that took the lives of over 300 people. “Jill and I extend our deepest condolences to all…

Read More “Biden, US First Lady Jill Biden Extend Condolences Over Wayanad Landslides” »

World