India

  • Implementation of new quality standards for toys extended
    NEW DELHI, SEPTEMBER 16 (IANS): The Centre has extended the time period given to the domestic toy manufacturers for compliance with new quality standards. Accordingly, a notification for the implementation of 'Quality Controls' order was issued extending the time period by four months. The Department for Promotion of Industry and Internal Trade (DPIIT) issued the notification, extending the date of implementation of 'Toys (Quality Control) Order, 2020' to be imple
  • Mitra the robot helps COVID patients in India speak to loved ones
    NEW DELHI, September 16 (Reuters): A hospital in India has deployed a customer-service robot to patrol its wards, connecting coronavirus patients to friends and relatives. Mitra, meaning "friend" in Hindi, is best known for interacting with Prime Minister Narendra Modi at an event in 2017. Its piercing eyes are equipped with facial recognition technology to help it recall people it has previously interacted with. A tablet attached to Mitra's chest allows patients to
  • Covid impact: SpiceJet Q1FY21 net loss at over Rs 593 cr
    NEW DELHI, SEPTEMBER 15 (IANS): Airline major SpiceJet on Tuesday reported a net loss of Rs 593.4 crore during Q1FY21, as flight operations remained suspended for most part of the quarter following the nationwide lockdown. The company had reported a profit of Rs 261.7 crore in the same quarter of the previous year. The company's results belie the fears of investors. Interestingly, another listed airline in India had reported a loss of over Rs 2,800 crore for the same quarter.
  • SBI extends OTP-based ATM withdrawal throughout the day
    MUMBAI, SEPTEMBER 15 (IANS): To reinforce ATM security system, lending major State Bank of India (SBI) has extended its OTP-based cash withdrawal for Rs 10,000 and above throughout the day. OTP-based cash withdrawal for Rs 10,000 can now be carried out throughout the day across all SBI ATMs in the country starting September 18. "For withdrawing Rs 10,000 and above, SBI debit card holders now have to enter OTP sent on their registered mobile numbers along with their debit car
  • Electric vehicle startup PURE EV ventures into global market
    HYDERABAD, SEPTEMBER 15 (IANS): Indian Institutes of Technology Hyderabad-incubated startup PURE EV on Tuesday said it will launch its premium model EPluto7G scooter in Nepal by October 2020 as part of its international expansion plans. The battery and the vehicle have been designed and developed factoring in the gradient requirements of Nepal, the company said, adding that it has developed "power train" capabilities and efficiency in its vehicles to enhance the user exper
  • Air traffic recovery slower in India than other parts of Asia, Europe
    NEW DELHI, SEPTEMBER 15 (IANS): The recovery in air traffic in India has been slower than in other parts of Asia and Europe. While traffic in China has almost reached 90 per cent of pre-Covid-19 levels, traffic in Europe is also recovering faster than in India, according to a research report by HSBC. Ryanair reported a 53 per cent year on year traffic decline in August with a load factor at 73 per cent. Wizz reported a 41 per cent year on year decline in its traffic with a load f
  • At least 17 Indian MPs infected with coronavirus as cases near 5 million
    NEW DELHI, September 15 (Reuters): At least 17 members of the Indian parliament have tested positive for the coronavirus, government officials said on Tuesday, underlining the widening spread of infections set to cross five million cases soon. The lawmakers were screened ahead of the re-opening of parliament on Monday after six months. MPs cleared by the tests wore masks, occupied seats with glass enclosures and worked for truncated hours. Twelve of the 17 infected MPs were
  • 4 crore scholarships given to minority EWS, 54% to girls
    NEW DELHI, SEPTEMBER 15 (IANS): The Union Ministry of Minority affairs has told the Rajya Sabha in a written reply that since 2014-15 till date, over four crore scholarships have been distributed to the students belonging to the economically weaker sections (EWS) of the minority communities. Of this, 54 per cent scholarship has been given to the girl students. The information was given by Minority Affairs Minister Mukhtar Abbas Naqvi in the Upper House on Monday. The Ministry imp
  • Export benefits need to seamlessly flow to exporters to help execution of new orders: FIEO
    NEW DELHI, SEPTEMBER 15 (IANS): Indian export sector is looking up after months of fall and severe slide in wake of Covid-19 related disruptions. According to exporters body FIEO, Indian exporters have started receiving a lot of enquiries and orders from across the globe helping many sectors to show improved export performance, which is likely to get better in next few months. But, FIEO wants government to continue incentivising exports in these difficult period through continuat
  • Centre, States agree not to revise GST rates during pandemic
    NEW DELHI, SEPTEMBER 14 (IANS): GST rates in the country are unlikely to witness any change during the pandemic as the Centre and states have agreed not to disturb the indirect tax structure in wake of the current economic situation where growth has contracted and industrial activity has come to a standstill. Government sources privy to the development said that there would not be any increase in GST rates at least during the year and even steps taken to correct the inverted duty st
  • Ashok Leyland to address larger LCV market with 'Bada Dost'
    CHENNAI, SEPTEMBER 14 (IANS): Truck major Ashok Leyland Ltd, with its new light commercial vehicle (LCV) 'Bada Dost', will be able to address a larger part of this market segment within and outside India, Chairman Dheeraj Hinduja said on Monday. Addressing reporters at the launch of Bada Dost model, he said: "Globally LCVs account for 70 per cent of the overall commercial vehicles market." According to him, Bada Dost - i3 and i4 - variants along with other current
  • India's parliament meets after six months as COVID cases surge
    NEW DELHI, September 14 (Reuters): India's parliament met for the first time in six months on Monday, as novel coronavirus cases across the country rose by more than 90,000 in the space of a day and the total number of infections neared 5 million. Members, including Prime Minister Narendra Modi, wore masks and sat in seats enclosed by glass partitions designed to prevent the spread of the virus. The assembly's hours have been truncated; the lower house will sit in the mor
  • India's Aug WPI rises sequentially on high food, fuel prices
    NEW DELHI, SEPTEMBER 14 (IANS): High food, fuel and manufactured goods' prices accelerated India's August wholesale inflation, official data showed on Monday. On sequential level, India's annual rate of inflation based on wholesale prices rose to 0.16 per cent in August from (-) 0.58 per cent in July. On a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry has risen to 1.17 per cent during the correspondin
  • Same sex marrriage under Hindu Marriage Act: Delhi HC asks petitioner to amend plea
    New Delhi, September 14 (IANS): The Delhi High Court on Monday posted a petition seeking allowance of registration of same sex marriage under the Hindu Marriage Act on October 21 while directing the petitioner to make certain amendments to the plea. "File a civil misc. application by the next date of hearing in order to amend the petition....the matter is adjourned on October 21," said a division bench of the high court presided by Chief Justice D N Patel and Justice Pr
  • GST compensation cess: 13 states decide, 12 opt for 1st option
    NEW DELHI, SEPTEMBER 13 (IANS): A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall and almost all have decided to go for the first option proposed by the Centre, source said. Out of the 13, 12 states have opted for the first option, under which the Union government has offered states that they could borrow the shortfall arising out of GST implementation, estimated at Rs 97,000 crore approximately. The amount would be borrowed
  • China hands over 5 youth from Arunachal Pradesh
    Itanagar, September 12 (IANS): Five young men from Arunachal Pradesh, who went missing on September 2 and were later found to be in Chinese territory, were handed over to India by the People's Liberation Army on Saturday amid the ongoing stand-off between the two sides at the Line of Actual Control in Eastern Ladakh area. The missing five returned to India 11 days after they were said to have been abducted, defence sources said. The five youth were handed over to Indian autho
  • India's online food delivery GMV to hit $13bn by 2024: Report
    BENGALURU, SEPTEMBER 11 (IANS): Indias total online food delivery gross merchandise value (GMV) is expected to be $13 billion by 2024 by clocking 12 million daily orders on an average, said a new report on Friday. While online food delivery, which has scaled to more than 500 cities and towns in India and over 10x GMV over the past three years, will continue to be the core, a significant growth is expected in the other businesses such as ads and groceries, amongst others, according t
  • China, India agree to disengage troops on contested border
    BEIJING/NEW DELHI, September 11 (Reuters): China and India said on Friday they had agreed to de-escalate renewed tensions on their contested Himalayan border and take steps to restore "peace and tranquillity" following a high-level diplomatic meeting in Moscow. Chinese State Councillor Wang Yi and Indian Foreign Minister S. Jaishankar met in Moscow on Thursday and reached a five-point consensus, including agreements that troops from both sides should quickly disengage
  • India, China agree on 5-point plan to resolve border standoff
    New Delhi, September 11 (PTI): Noting that the current situation at their border is not in the interest of either side, India and China have agreed on a five-point roadmap including quick disengagement of troops and avoiding any action that could escalate tensions for resolving the four-month-long face-off in eastern Ladakh. As the two countries reached the agreement during the talks between External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi on Thursday eveni
  • Indian pomegranates to hit Australian supermarkets for the first time
    NEW DELHI, SEPTEMBER 10 (IANS): Indian pomegranates will soon appear on Australian supermarket shelves for the first time in another positive development in the two countries' agricultural relationship. Australia's High Commissioner to India, Barry O'Farrell AO, said India is well placed to satisfy his country's growing demand for pomegranates, which is fuelled by their use in restaurants and in cooking shows. This follows the completion of an import protocol for