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Mumbai commuters alert! Basic fares of taxi and autorickshaw hiked
Basic fares of taxi and autorickshaw in Mumbai increased by Rs 3 and Rs 2, respectively.
New fares will come into effect from October 1.
Post the increase, base fare will be Rs 28 and Rs 23 for travelling in a taxi ans auto, respectively.
Wall St update: US market deep in bear market as S&P 500 hits new two-year low
Wall Street's main indexes sank deeper into a bear market today as an early rally in stocks faltered after Federal Reserve policymakers advocated more interest rate hikes even at the risk of slowing economic growth.
The benchmark S&P 500 erased gains of up to 1.7% percent by early afternoon trading to hit lows last seen in late November 2020, leaving investors worrying about how much further stocks would have to fall before stabilizing.
At 12:31 p.m. ET, the Dow Jones Industrial Average was down 164.66 points, or 0.56%, at 29,096.15, the S&P 500 was down 17.49 points, or 0.48%, at 3,637.55, and the Nasdaq Composite was down 21.24 points, or 0.20%, at 10,781.68. (Reuters)
Centre further extends deadline for export of broken rice
The central government today further extended the deadline for export of broken rice in transit from September 30 to October 15.
In May, India restricted export of wheat to enhance domestic availability. This month, it also banned export of broken rice and imposed a 20 per cent export duty on non-Basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under paddy crop in the current kharif season.
The price of oil is breaking our back: EAM Dr S Jaishankar
We have concerns about the price of oil. The price of oil is breaking our back. This is our big concern: EAM Dr S Jaishankar in a joint press conference with US Secretary of state Antony Blinken.
Meanwhile, Blinken on Ukraine war stated: I really want to emphasize on what PM Modi said, I think he captured, as well as anyone I have heard, fundamentally what this moment is about as he said, this is not an era, the time for war and we could not agree more."
India, US have major interest in encouraging more resilient and strong supply chains: EAM Jaishankar
-India and US have a strong interest in encouraging more resilient and strong supply chains, and this requires policy decisions as well as practical measures involving business communities. We are focused on this, said External Affairs Minister Dr S Jaishankar after a meeting with US Secretary of state Antony Blinken.
-In today's meeting, we discussed our political coordination, exchanging assessments on collaborating on important regional issues and global challenges. In this regard, I would specially mention the Ukraine conflict and Indo-Pacific situation, said EAM Jaishankar.
-Our national, economic, technological security are all enhanced by closer collaboration... There is keen interest in India's National Education Policy and we will explore how that can be used best to expand our partnership, Jaishankar added.
Rajasthan crisis: Congress observers recommend action against three Gehlot loyalists
Amid high political drama, Congress observers for Rajasthan recommended disciplinary action against three party leaders, including two ministers, but did not seek any action against Chief Minister Ashok Gehlot.
The three Gehlot loyalists against whom action has been recommended are Cabinet Minister Shanti Dhariwal, Minister and Congress Chief Whip in the Assembly Mahesh Joshi, and MLA Dharmendra Rathore.
Delhi Liquor Policy scam: CBI arrests VIjay Nair, former CEO of Only Much Louder
Vijay Nair, former CEO of event management company Only Much Louder, and an accused in the Delhi Excise Policy case, was arrested by CBI (Central Bureau of Investigation) in connection with the Delhi liquor policy scam, reported news agency ANI quoting sources.
Nair is also an aide of Delhi Deputy Chief Minister Manish Sisodia, who is also named in the alleged liquor policy scam. The policy, implemented from November 17, 2021, was withdrawn after Lieutenant Governor VK Saxena recommended a CBI probe in July.
US Economic Data
US August new home sales at 0.685 million Vs 0.532 miliion (MoM) Vs estimate of 0.49 million
US September CB Consumer Confidence At 108 Vs 103.6 (MoM) Vs Estimate Of 104.3
US August New Home Sales At 28.8% (MoM) Vs Estimate Of -0.5%
Jet Airways in advanced talks for leasing planes; expects to start ops in coming weeks
Jet Airways is in an advanced stage of talks with aircraft makers and lessors to lease planes and expects to restart operations in the coming weeks, according to executives at the airline. The once-storied carrier is now under the ownership of the Jalan-Kalrock consortium and its air operator certificate was revalidated by aviation regulator DGCA in May this year.
The executives said the operations of Jet Airways will commence before the end of this year and the initial fleet plan is close to being finalised.
Earlier, the airline had said it was targeting to launch operations in October. (PTI)
Net direct tax mop up rises 23% to Rs 7.04 lakh crore so far this fiscal
The net direct tax collection has increased 23 per cent to Rs 7.04 lakh crore so far this fiscal, the income tax department said today.
The Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said the income and corporate tax collections were at a record high of Rs 14.09 lakh crore in 2021-22. (PTI)
Wall Street update: Dow opens higher after brutal selloff
US stocks rise, as the Dow Jones Industrial Average and S&P 500 bounce back from their lowest closing levels in nearly two years.
The Dow Jones Industrial Average rose 159.1 points, or 0.54 percent, at the open to 29419.88. The S&P 500 rose 31.4 points, or 0.86 percent, at the open to 3686.44, while the Nasdaq Composite rose 152.4 points, or 1.41 percent, to 10955.288 at the opening bell. (Reuters)
Direct tax collections sustaining the momentum: FM Nirmala Sitharaman
-Finance Minister Nirmala Sitharaman today said that India's direct tax collections have risen in relation to indirect tax collections, bringing in equity.
-Speaking after chairing a performance review of credit and other welfare schemes for scheduled castes in Public Sector Banks (PSBs), she also added that tax-related Redressals have to be done in time.
-Sitharaman reviewed the various measures taken by PSBs in giving credit to persons belonging to the Scheduled Caste community and their welfare in terms of reservation, backlog vacancies, functioning of welfare and grievances redressal mechanism etc.
Meta disables Russian propaganda network targeting Europe
A sprawling disinformation network originating in Russia sought to use hundreds of fake social media accounts and dozens of sham news websites to spread Kremlin talking points about the invasion of Ukraine, Meta revealed today.
The company, which owns Facebook and Instagram, said it identified and disabled the operation before it was able to gain a large audience. Nonetheless, Facebook said it was the largest and most complex Russian propaganda effort that it has found since the invasion began. (Associated Press)
Noida Metro crosses 48,000 single-day ridership
The last highest ridership for a day was recorded with 45,123 passengers on September 19 (Monday) and prior to that with 44,922 passengers on September 12 (Monday), the metro operator said.
Will block Srinagar-Jammu highway if fruit-trucks are not allowed smooth passage: Mehbooba
"Lakhs of people depend on this (fruit trade), they have taken loans, they have taken money from Delhi's mandis. Who will give them that money? Will you? So, I warn the government if you don't open the road for trucks, then I along with others will block the national highway," PDP president Mehbooba Mufti said in Shopian.
Durga Puja: Heavy rains likely to lash Kolkata, organisers on tenterhooks
-Durga Puja in Kolkata and southern West Bengal districts is likely to be rain-drenched this year with the Met department saying that a cyclonic circulation may form over northwest Bay of Bengal on October 1.
-The cyclonic circulation may intensify after formation on October 1, Regional Met director GK Das said.
Power Grid to invest Rs 328 crore in transmission line to link company's pooling station with RIL Jamnagar Refinery
Power Grid on September 27 stated that its board has approves investment of Rs 327.71 crore for Transmission Project-Jamnagar Oil Refinery of Reliance Industries Limited (RIL) to connect with Jam khambhaliya ISTS PS scheduled to be commissioned by September, 2023.
Separately, Power Grid also appointed G Ravisankar as the chief financial officer (CFO) of the company.
Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Reliance Retail launches fashion & lifestyle departmental store format 'Reliance Centro'
Reliance Retail, on September 27, announced the launch of its fashion and lifestyle departmental store format, 'Reliance Centro'. The first such store was launched today in Vasant Kunj, Delhi.
"Reliance Centro is aimed at democratizing fashion in India, by strengthening its reach & connect with consumers in India – right from categories like apparels, footwear, cosmetics, lingerie, sportswear to luggage and accessories with over 300 Indian and International brands," the subsidiary of billionaire Mukesh Ambani-owned Reliance Industries Limited (RIL) said in a statement.
Customers can avail themselves of the inaugural offer of Rs 1500 off on shopping worth Rs 3999 or get Rs 2000 off on shopping worth Rs 4999 and above.
Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Govt extends timelines for implementation of new EV testing norms
Government has extended timelines for implementation of new electric vehicles (EV) testing norms. It had earlier mandated new EV testing norms from October 1, 2022
-Phase one of new EV testing norms to be implemented from December 1, 2022
-Phase-2 to be implemented from March 31, 2023
DRDO conducts two successful test flights of very short range missiles
-Defence Research and Development Organisation (DRDO) conducted two successful test flights of Very Short Range Air Defence System (VSHORADS) missile on 27 Sep 2022 from a ground-based portable launcher from Integrated Test Range, Chandipur, off the coast of Odisha.
-VSHORADS incorporates many novel technologies including miniaturized Reaction Control System&integrated avionics, which have been successfully proven during tests. The missile, meant for neutralizing low-altitude aerial threats at short ranges is propelled by a dual thrust solid motor, DRDO stated.
-The design of the missile including the launcher has been highly optimized to ensure easy portability. Both the flight tests have completely met the mission objectives.
Putin wants to 'save people' of Moscow-held Ukrainian territories
President Vladimir Putin said that Russia wanted to "save people" in four Moscow-controlled territories in Ukraine, on the last day of annexation votes denounced as a sham by Western leaders.
"Saving people in the territories where this referendum is taking place... is the focus of the attention of our entire society and of the entire country," Putin said during a televised meeting with officials. (AFP)
Maharashtra: SC allows EC to go ahead with hearing Shinde group's claim of being real Shiv Sena
The Supreme Court has allowed the Election Commission on India (ECI) to hear Eknath Shinde faction's plea for claim on Shiv Sena and party symbol.
The top court rejected the plea of Uddhav Thackeray group seeking stay on proceedings before EC.
SC is likely to set out procedural aspects concerning demonetisation hearing tomorrow
A constitution bench in Supreme Court comprising five judges will hear the petitions challenging government's demonetisation process of 2016 tomorrow, September 28 case. The top court is likely to set out procedural aspects concerning the hearing tomorrow.
Indian Railways: 497 stations made Divyangjan-friendly
As a part of ‘Sugamya Bharat Abhiyan’, to provide ease of movement for Divyangjans, aged and children on railway platforms, Indian Railways is installing lifts and escalators at railway stations across the country. So far, there are 497 stations where either lifts or escalators have been provided, the national transporter stated.
PM Modi concludes visit to Tokyo after attending Abe's state funeral
PM Modi concludes a poignant visit to Tokyo. The legacy of former PM Shinzo Abe & the commitment of PM Modi & PM Kishida will continue to guide the India-Japan partnership to new heights: MEA Arindam Bagchi.
PM Modi meets Mrs Akie Abe after Ex PM Shinzo Abe's funeral
MEA Arindam Bagchi said, "Following the State Funeral, PM Modi had a private meeting with Mrs Akie Abe at Akasaka Palace. PM recalled his fond memories with Abe San & conveyed his heartfelt condolences on the loss."
Rajasthan Political Crisis | Congress leader Sachin Pilot reaches Delhi
Rajasthan Political Crisis | Congress leader Sachin Pilot reaches Delhi
PM Modi pays respect to Former Japanese PM Shinzo Abe
"When I was in Tokyo earlier this yr, little did I imagine I would be back for solemn program of former PM Abe’s state funeral. He was a great leader, a phenomenal individual & someone who believed in India-Japan friendship. He shall live on in hearts of millions," tweets PM Modi
ED conducts searches in 3 premises pertaining to Coda Payments India Pvt Ltd
ED conducted searches in 3 premises pertaining to Coda Payments India Pvt Ltd in connection with an ongoing investigation under PMLA, 2002 against Coda Payments India Pvt Ltd & ‘Garena Free Fire’ mobile game & froze bank account balance of Rs 68.53 Crore: Enforcement Directorate
SC reserves order in matter related to EWS reservation
-Supreme Court reserves judgement on petitions challenging the constitutional validity of 10% quota for Economically Weaker Section (EWS) in higher education and employment.
-Constitution bench headed by Chief Justice of India UU Lalit was hearing the case.
Assam | Air show conducted by IAF’s Surya Kiran Aerobatic Display Team in their Hawk Mk 132 aircraft over Lachit Ghat, Guwahati
External Affairs Minister S Jaishankar addresses the media
The External Affairs minister said, "Govt of India raised the matter with the Govt of Pakistan conveying grave concerns at such a shocking & deplorable incident: EAM replies to National Minorities Commission on alleged kidnapping & forceful conversion of a female Sikh teacher in Pak's Khyber Pakhtunkhwa on Aug 20. GoI has also shared its expectations that Pak Govt will sincerely probe it& take strict action against those responsible for this incident.Pak has also been called upon to ensure safety & welfare of the members of the minority communities in Pak, incl their places of worship."
Ajay Mishra Teni, MoS, Union Home Ministry comments on PFI raids
Ajay Mishra Teni, MoS, Union Home Ministry said, "We have got suspicious info against PFI. Raids were conducted on the basis of inputs we received. Some people were arrested too. The raids are underway, searches will happen as per the info we will receive further"
Punjab govt tables confidence motion in Assembly; BJP walks out
The Punjab Congress chief said, "They called the session on 3 issues i.e GST, Power, stubble burning but they didn't talk about it. They have misled the House, Governor & people of Punjab. If they want to bring a confidence motion, they should dissolve the House and go for fresh polls"
Congress MLAs were escorted out by the assembly officials after being directed by House speaker. BSP and SAD MLAs are present
We briefed Congress interim President Sonia Gandhi about work done so far regarding Congress president elections: M Mistry
Elections will happen as per schedule. Till now nominations forms have been taken by Sashi Tharoor and Pawan Bansal: Congress central election authority chairman M Mistry
Everything is available in our country that's necessary for overall growth of defence company: Rajnath Singh
In every respect, India has provided a conducive environment for defence companies in recent past: Defense min Rajnath Singh at annual session of Society of Indian Defence Manufacturers
FIFA says more than 2.4 million tickets World Cup tickets were sold in three rounds of sales
FIFA, football’s world governing body, previously said that more than 2.4 million tickets for the tournament have been sold in the three rounds of sales that have taken place this year.
Defence Min Rajnath Singh today reviewed the preparations for the forthcoming DefExpo 2022 at a meeting in New Delhi
During the meeting, the Raksha Mantri was briefed by officials about the extensive arrangements being made by multiple stakeholders for the event: MoD
Ashok Gehlot should not remain CM if he decides to contest for the party president post: Sachin Pilot
Congress MLA Sachin Pilot has told the Congress high command that Rajasthan CM Ashok Gehlot should not remain CM if he decides to contest for the party president post & that it is his responsibility to bring MLAs together: Sources
Congress MLAs supporting Sachin Pilot for Chief Minister's post arrive at his residence in Jaipur.
The party's top leadership is restructuring the organisation for the 2023 elections here. Top leadership will decide (CM face): MLA Khiladi Lal Bairwa
International Civil Aviation Organisation signs MoU with International Solar Alliance
Civil Aviation Minister Jyotiraditya Scindia tweets, "Proud moment for India as Int'l Civil Aviation Org signs MoU with Int'l Solar Alliance, initiative 1st proposed by PM Modi. Jointly hosted by India & France, event marks a new dawn for solar energy use in global civil aviation sector."
Congress MLA Sachin Pilot is in constant touch with other MLAs apart from supporting MLAs
He has further asked his supporters to wait for the high command's decision, saidsources.
Congress MLA Sachin Pilot has told the Congress high command that Rajasthan CM Ashok Gehlot should not remain CM if he decides to contest for the party president post & that it is his responsibility to bring MLAs along, according to sources.
Shiv Sena MP Sanjay Raut's lawyer completed his arguments on bail, ED to argue on the next date
Matter adjourned till 10th October.
Dada Saheb Phalke Award to be conferred to actor Asha Parekh this year: Union Minister Anurag Thakur
PFI raids update | Based on intelligence inputs, we conducted raids and caught over 80 people associated with PFI & SDPI: Karnataka ADGP
20 more people are also being questioned. They have been sent to preventive custody. They were planning to incite communal violence/public disorder: Karnataka ADGP (Law & Order)
PM Modi to visit Gujarat on 29-30 September
PM to inaugurate and lay foundation stone of various development projects worth around Rs 29,000 crores in programmes spread across Surat, Bhavnagar, Ahmedabad and Ambaji.
Ankita Bhandari murder case | Merrut, UP
I joined Vanantara resort, Rishikesh in May but left job there in July. Ankit Gupta (accused) & Pulkit Arya (main accused) misbehaved & verbally abused girls. They used to bring girls, VIPs came there too: Former employee, Vanantara resort
President Vladmir Putin scheduled to address both houses of the Russian Parliament on Sept 30
Russian President Vladimir Putin is likely to announce the accession of occupied regions of Ukraine to the Russian Federation during his address to parliament on Sept. 30, the British Ministry of Defence said on Tuesday. Read more.
Panruti Ramachandran expelled from AIADMK
AIADMK sr leader & ex-minister Panruti Ramachandran expelled from party for party unlawful activities & crossing party lines, says AIADMK interim Gen Secy Edappadi K Palaniswami.
Earlier this morning, Ramachandran was appointed as political advisor for AIADMK by O Panneerselvam.
