32% Rise In Airport Staff Drunk On Duty In H1

A total of 189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year (Y-o-Y) increase, according to the Directorate General of Civil Aviation (DGCA). About half of the 189 workers who failed the mandatory alcohol tests were drivers, it said.

Santiniketan chronicles: Unesco tag adorns the idyllic haven

A functioning educational institute, it will have to navigate the challenges the heritage label presents

India bags 5 medals at Asiad day 1

In a rollicking start to its campaign, India bagged five medals on the opening day of the Asian Games 2023 in Hangzhou, China, moving to third position behind the host nation and Hong Kong.

Bullhorns, water cannons: China ships wall off South China Sea

Travelling by boat, NYT journalists saw firsthand how the world's most brazen maritime militarisation has transformed a major trade route

Apple intimidates workers who dare to leave, says Rivos

Chip startup Rivos is countersuing Apple, claiming the tech giant forces employees to sign restrictive agreements that prevent them from working elsewhere and stifle up-and-coming companies that hire its staff.

19TH ASIAN GAMES: Tencent at the wheel, esports gets its biggest moment

China scythed nearly $600 billion off Tencent Holdings's market value in its crackdown on tech and gaming. Now the country is betting on its biggest company - and professionalised video games - to help restore some national pride.

JP MORGAN EM INDEX ADDITION: Banks, FIs cash in on inclusion euphoria, look to raise ₹18K cr

Nabard plans to raise up to ₹3,000 crore

INDIA-CANADA ROW: Quiet diplomacy can achieve a lot more

The suspension of trade negotiations was the first salvo in the ongoing diplomatic spat between India and Canada. It is unlikely to hit the economic interests of either country, at least for now. However, unintended consequences cannot be ruled out. Soon after Prime Minister Justin Trudeau returned to Canada after the G20 meeting in New Delhi, Canada indefinitely postponed the scheduled five-day visit of a trade delegation to India starting 9 October. The Canadian trade mission was to be led by Mary Ng, Canadian Trade Minister. The agenda was to take forward the talks on the Early Progress Trade Agreement (EPTA) that were paused in August.

'Genpact is investing up to $600 mn over 3 yrs in AI'

Genpact is sharpening its focus on generative artificial intelligence (GenAl). While cost reduction and digital transformation remain high priorities for clients, they are increasingly turning to Genpact to help accelerate their data journey, says N V 'TIGER' TYAGARAJAN, chief executive officer (CEO), Genpact. NYSE-listed Genpact has more than 115,000 employees, a majority of whom are based in India. In an interview on Zoom with Ayushman Baruah, Tyagarajan talks about the investments in GenAl, acquisition strategy, and the technology spend environment. Edited excerpts:

No proof of flight cancellations due to Akasa pilot exits: DGCA to HC

Akasa Air has not submitted any proof of flight cancellation due to the abrupt resignation of 43 pilots, the Directorate General of Civil Aviation (DGCA) had told the Delhi High Court in its affidavit on Friday.

Despite JP Morgan move, time to wait and watch on bankstocks

Public sector bank stocks (PSBS) gained ground on Friday after JP Morgan suggested that it will include India in its Emerging Market (EM) Bond Index starting June 2024.

GLENMARK LIFE SCIENCES DIVESTMENT Deal to hit Glen Pharma's revenues in near term

But it will have more cash to recalibrate its innovative pipeline

Subscriptions drop as IPOs get bunched up

Deterioration in market sentiment, investment fatigue also to blame

Sensex posts steepest weekly fall in 15 mths

30-share index loses 2.7% in 4 sessions, barely holds 66K

A first since '07: Sensex's yield gap with 10-yr US bond turns negative

The benchmark BSE Sensex closed with a weekly loss of 2.7 per cent this Friday, its biggest seven-day loss in more than a year.

Auto workers' strikes spread to 38 locations

The president of the United Auto Workers said on Friday the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states.

Ukraine, US launch joint weapons production

Ukraine and the United States have agreed to U production in a step that will enable Kyiv to start producing air defence systems, President Volodymyr Zelenskyy said on Friday as he wrapped up a visit to the US.

Bidhuri's comments hate speech; will quit LS if action not taken: Danish Ali

Bahujan Samaj Party (BSP) Member of Parliament Danish Ali on Friday said he would quit his Lok Sabha membership if no action was taken against the Bharatiya Janata Party's (BJP's) Ramesh Bidhuri for the religious slurs he subjected Ali to in the Lok Sabha during a discussion on Thursday.

No place for aggression, hate over here: Canada

The Canadian government has said the circulation of an online video in which Hindu Canadians are told to leave the country is offensive and hateful, asserting that acts of aggression, hate, intimidation or incitement of fear have no place in Canada.

Robust digital infra helped save over $27 bn: DEA secy

Economic Affairs Secretary Ajay Seth (pictured) on Friday said digital public infrastructure (DPI) has led to savings of over $27 billion in government schemes, and achieve greater financial inclusion in a short period.

House committee seeks annual review of ESIC investment policy

The proposal comes as interest received from government bonds has seen a decline

'Move will boost₹, help finance CAD'

The inclusion of Indian government bonds in JP Morgan's emerging market debt index is expected to broaden India's investor base, potentially appreciate the rupee, and make it easier for Indian financial institutions to lend money, Chief Economic Advisor V Anantha Nageswaran said on Friday.

Rust on leased planes: Go First lessor to HC

The resolution professional Go First is not maintaining the aircraft in accordance with court orders and there are greenish deposits, corrosion and rusting on the leased planes, one of the lessors of the airline told the Delhi High Court on Friday.

'Air India must lift safety culture to highest level'

Air India must lift its safety culture to the highest level because what was once considered \"acceptable\" is no longer so, the airline's Chief Executive Officer (CEO) and Managing Director (MD), Campbell Wilson said on Friday.

JSW, Tata, Adani make a beeline to meet C&I green energy needs

Three conglomerates-JSW, Adani and Tata - have evinced interest in meeting the green energy requirements in the commercial and industrial (C&I) segment, top company executives said.

A tale of two cities: How Singur's loss became Sanand's gain

In October 2008, facing a public protest led by the then West Bengal opposition leader Mamata Banerjee against land acquisition, Tata Motors chose to withdraw its Nano small car project from Singur and move it to Sanand, a new industrial estate in Gujarat not far from Ahmedabad.

Made-in-India iPhone 15 may see blockbuster sales

Latest model can log 40-50% higher sales in India than iPhone 14, say retailers

GCCS go beyond Tier-I cities, chasing cost and talent

30-40% more demand for workforce in Tier-Il cities; some firms identifying Tier-I talent to lead smaller locations

FinMin stands by 6.5% GDP growth estimate for FY24

Holding that economic in activities July September (Q2) are shaping up well, the finance ministry has kept its estimate for the country's real gross domestic product (GDP) growth in 2023-24 (FY24) unchanged at 6.5 per cent.

PC, LAPTOP IMPORT RESTRICTIONS Govt hints at breather; no date for curbs

The Ministry of Electronics and Information Technology has proposed that companies that import laptops, tablets, PCs, and small servers should register on the Directorate General of Foreign Trade (DGFT) platform from November 1. on no While they will face restriction imports for a certain period after registering, when restrictions will start is being debated.