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Showing posts from June, 2023

Celebrity Goose Is Kicked To Death At China Social Media Furious

(Representative Image) At a tourist attraction in China, a star goose with thousands of online admirers was killed by being kicked to death because it "scared" someone's child, according to the South China Morning Post. The shocking case of animal cruelty has incited a surge of rage among social media users, particularly Chinese users. The SCMP further stated that the wild goose named Da Bao was an online celebrity and a popular attraction at a tourist spot in Shijiazhuang, in Hebei province, in northern China. Its gentle demeanour led it to gain a substantial following and more than 40,000 likes on a social media account named "Bar-headed Goose Da Bao" that regularly featured updates of its daily activities.' However, the owner of the social media account recently announced that the gentle Da Bao had died after being kicked by a visitor who claimed the goose had frightened their child. The owner of the account recorded a video of his exchange with

Activison Blizzard CEO Urges Federal Judge to Allow Takeover by Microsoft

The chief executive of Call of Duty maker Activision Blizzard, Bobby Kotick, went before a federal judge on Wednesday to urge her to allow his company to be bought by Microsoft for $69 billion (nearly Rs. 5,66,300 crore). Kotick said that any effort to make Call of Duty exclusive to one platform, as Microsoft critics have said might happen, would alienate some 100 million people who play the game each month. "You would have a revolt if you were to remove the game from one platform," said Kotick. He said that removing Call of Duty from PlayStation, which is made by Sony Group, would be "very detrimental" to Activision's business. The Federal Trade Commission has asked a judge to stop the Microsoft acquisition temporarily in order to allow the agency's in-house judge to decide the case. In the past, the side that lost in federal court often conceded and the in-house process was scrapped. Much of the testimony in the trial has focused on Activision's

Salaries Of 12700 Punjab Teachers Tripled After Regularisation

Punjab government has tripled the salaries of 12,700 teachers, who were regularised recently. Chandigarh: Punjab Chief Minister Bhagwant Mann on Tuesday said the salaries of 12,700 teachers, who were regularised recently, have been increased by up to three times. In a statement here, Mr Mann said these teachers will be known as associate teachers and special inclusive teachers, adding that they will be governed by a 'Policy for Welfare of Adhoc, Contractual, Temporary Teachers (Nation Builders) and other employees in the School Education Department'. Based on their educational qualifications and primary conditions for entry into services, their emoluments have been fixed up to the completion of 58 years in service. Mr Mann said these teachers will be entitled to an increment of 5 per cent on their salaries every year. The chief minister said BA pass education providers (associate teachers) who were hitherto getting Rs 9,500 per month will now get Rs 20,500 as an emolum

Madhya Pradesh BJP Leader Kills His Wife Following Dispute: Cops

The BJP leader is on the run after commiting the crime, the police said. (Representational) Bhopal: A Bharatiya Janata Party (BJP) leader shot his wife following a dispute in an inebriated state in Madhya Pradesh's capital Bhopal, a police official said on Tuesday. The incident occurred in Sai Nagar Colony under Ratibad police station limits in the city in the early hours of Tuesday. BJP leader Rajendra Pandey is at large after the incident. Additional Commissioner of Police (ACP) Chandrashekhar Pandey told ANI, "The incident occurred at around 1 am on Tuesday at Sai Nagar Colony under Ratibad police station in the city. BJP leader Rajendra Pandey, who was in an inebriated state, had a dispute with his wife over something. After that in a fit of rage, he shot his wife with a 12-bore gun, which hit her in the waist and she died." When the incident occurred, Mr Pandey's daughter and his son-in-law were also present in the house. After committing the crime, the a

Talks On With China To Resolve Border Issues Peacefully: Rajnath Singh

"People of the country are proud of their armed forces," said Rajnath Singh. Jammu: Defence Minister Rajnath Singh on Monday said the government will never let the sanctity of India's borders be violated and talks are going on at military and diplomatic levels with China to resolve issues in a peaceful manner. Addressing a national security conclave here, Rajnath Singh said there have been perceptional differences between India and China on the boundary issue for a long time. "I want to repeat that there have been some activities on the LAC since 2013, but I outrightly reject (claims) that there has been any significant change or encroachment on the LAC after our government was formed," Rajnath Singh said. Paying glowing tributes to soldiers martyred in Galwan Valley in eastern Ladakh in 2020, the minister said the Chinese Army ignored the agreed protocols and unilaterally tried to make some changes on the Line of Actual Control (LAC). He lauded the val

1500 Cab Drivers Write To Delhi Minister Over New Scheme

The scheme was approved by Chief Minister Arvind Kejriwal last month. (Representational) New Delhi: Over 1,500 cab drivers have written to Delhi Transport Minister Kailash Gahlot and given suggestions on the Motor Vehicle Aggregator Scheme 2023. The scheme was approved by Chief Minister Arvind Kejriwal last month. Mandatory panic buttons in taxis, integration with emergency response number '112', and phase-wise transition to electric vehicles (EV) are some of the highlights of the scheme to regulate cab aggregators and delivery service providers in the national capital. In their petition, the drivers cited the higher cost of electric vehicles as compared to other vehicles. They have also demanded easy loan options to make the transition smoother. They have suggested that a scheme be launched to balance the costs of making the shift. The drivers have also requested the minister to make some provisions so that the vehicles come installed with panic buttons and extra cost

"Congress Let Go Of Kartarpur Sahib To Gain Power": Rajnath Singh

"Our Prime Minister has constructed the Kartarpur Sahib Corridor," said Rajnath Singh. (File) Chandigarh: Kartarpur Sahib got out of hand due to the mistake of Congress during partition, said Defence Minister Rajnath Singh in Chandigarh on Saturday. Rajnath Singh was in Chandigarh to attend Bharatiya Janata Party's (BJP) public outreach 'Sampark Se Samarthan' to mark the completion of nine years of the Modi government at the Centre. "When the country got independence, the line of partition was drawn on the chest of Punjab. At the time of partition, Congress leaders were in such a hurry to gain power that they let go of Shri Kartarpur Sahib. Our Prime Minister has constructed the Kartarpur Sahib Corridor," he said. "If anyone has understood this pain for the first time, it was only Prime Minister Narendra Modi. Because of his efforts, Kartarpur Sahib has been reconnected with Punjab. People know better what the BJP government has done in 9 ye

Alcaraz Powers Past Dimitrov Into Queen's Semi-Finals

Carlos Alcaraz remains in the hunt for his first grass court title after the world number two beat former champion Grigor Dimitrov 6-4, 6-4 to reach the semi-finals at Queen's Club on Friday. Alcaraz admitted earlier in the week to watching videos of Roger Federer and Andy Murray to learn how to move on the grass and appears to be finding his feet on the surface ahead of Wimbledon next month. Since surviving a marathon first round encounter with French lucky loser Arthur Rinderknech, Alcaraz has not dropped a set to reach the last four in London. A break in the first game was enough to win the Spaniard the first set as Dimitrov missed three chances to break back in the sixth game. The Bulgarian, who won the Queen's title in 2014, got off to a flier in the second set as he led 3-0. Alcaraz battled back to lead 4-3, only to give the break back for 4-4. However, the US Open champion was gifted the chance to serve for the match when an error-strewn game from Dimitrov threw awa

Shashi Tharoor Receives Honorary Doctorate From Geneva School Of Diplomacy

During his visit to the university, Mr Tharoor met Indian graduates and their parents. Senior Congress party leader Shashi Tharoor on Friday announced that he has received an honorary doctorate from the Geneva School of Diplomacy. Taking to Twitter, Mr Tharoor shared a series of images with the university's founder President Colum Murphy and Dean Athar Sultan-Khan and said that he is "delighted and honoured" to receive the honorary doctorate.  Mr Tharoor appeared at the Geneva School of Diplomacy to deliver a commencement speech to graduating students. "In my own address I spoke of the challenges facing world order today, my dismay at the global response to the Covid pandemic & the Ukraine war and the consequences of these, especially for developing countries, & ended with a ringing reaffirmation of the need for international cooperation," he wrote in the caption of the post.  In my own address I spoke of the challenges facing world order today, m

Egypt To Court Indian Investors With Special Spot On Suez Canal Region

The Suez Canal is controlled by Egypt, and commands 20 percent of global container trade. (file) New Delhi: The announcement by Egypt that it will offer a dedicated slot for India within the Suez Canal Economic Zone (SCEZ) is set to figure high on the agenda during Prime Minister Narendra Modi's visit to the country from June 24-25, which will be the first by an Indian PM since 1997. Egypt has been positioning its Suez Canal region as a prime investment prospect for Indian businesses. One of the major strategic choke points in the world connecting the Mediterranean Sea with the Red Sea and the Indian Ocean, the Suez Canal is controlled by Egypt, and commands 20 percent of global container trade. The Suez Canal holds significant importance for Indian trade too. Out of the total 4.8 million barrels per day of crude oil shipped and transported through the canal, 500,000 barrels per day of crude is shipped to India. The development axis of the Suez Canal region, SCZONE, includ

PM Modi Leaves For Egypt After Concluding "Historic" US State Visit

PM Narendra Modi today left for Egypt after concluding his "historic" US State Visit. Washington: Prime Minister Narendra Modi today left for Egypt after concluding his "historic" US State Visit during which he held talks with President Joe Biden and addressed the Joint Session of Congress. This is the Prime Minister's first visit to Egypt. The two-day State Visit to Egypt at the invitation of President Abdel Fattah El-Sisi is also the first bilateral visit by an Indian Prime Minister since 1997. PM Modi was in the US at the invitation of President Biden and First Lady Jill Biden. His visit to the US started in New York, where he led a historic event at the UN Headquarters to commemorate the 9th International Day of Yoga on June 21. Later, in Washington DC, he was given a red-carpet welcome at the White House by President Biden. The two leaders held a historic summit on Thursday, followed by PM Modi's address to Congress and a State Dinner hosted

Wagner Chief Claims His Forces Shot Down Russian Military Helicopter

Wagner chief accused Valery Gerasimov of ordering strikes against his units. (File) Moscow: The chief of mercenary group Wagner Yevgeny Prigozhin said early Saturday that his forces had shot down a Russian military helicopter. "A helicopter has just now opened fire at a civilian column. It has been shot down by units of PMC Wagner," Mr Prigozhin said in a new audio message. He did not provide any details and AFP could not verify the claim. Yevgeny Prigozhin earlier said his units, which have for months spearheaded an assault in eastern Ukraine, had entered the southern Russian region of Rostov. Mr Prigozhin accused Chief of the General Staff Valery Gerasimov of ordering strikes against his units even though they were moving among civilian vehicles. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Adblock test (Why?) from NDTV News- Special https://ift.tt/xrVKc3q https://ift.tt/w7JfFhE via IFTTT

US Report Says No Direct Evidence Covid Came From China's Wuhan Lab

The agency said that they had not found evidence of a specific incident that could have caused outbreak. Washington: U.S. intelligence agencies found no direct evidence that the COVID-19 pandemic stemmed from an incident at China's Wuhan Institute of Virology, a report declassified on Friday said. The four-page report said the intelligence agencies still could not rule out the possibility that the virus came from a laboratory, however, and had not been able to discover the origins of the pandemic. "The Central Intelligence Agency and another agency remain unable to determine the precise origin of the COVID-19 pandemic, as both (natural and lab) hypotheses rely on significant assumptions or face challenges with conflicting reporting," the report said. The agencies said that while "extensive work" had been conducted on coronaviruses at the Wuhan institute (WIV), they had not found evidence of a specific incident that could have caused the outbreak. "

Russian Mercenary Arm Wagner Groups Says Moscow Army Attacked Its Forces

Russian mercenary group Wagner said that Moscow attacked on its rear camps. Moscow: The chief of Russian mercenary group Wagner on Friday accused Moscow's military leadership of ordering strikes on their camps and killing a "huge" number of forces. "We were ready to make concessions to the defence ministry, surrender our weapons," Yevgeny Prigozhin said in a furious audio message released by his spokespeople. "Today, seeing that we have not been broken, they conducted missile strikes at our rear camps." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Adblock test (Why?) from NDTV News- Special https://ift.tt/J4lDwvL https://ift.tt/w7JfFhE via IFTTT

After Calling Him "Dictator" Biden Still Expects To Meet Xi In "Future"

Joe Biden called Xi Jinping a dictator at a fundraising event in California. (FILE) Washington: US President Joe Biden said Thursday he still expected to meet Xi Jinping in the "near term" after angering China by referring to its leader as a "dictator." "I expect to be meeting with President Xi sometime in the future, near term," Biden told a joint news conference with Prime Minister Narendra Modi. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Adblock test (Why?) from NDTV News- Special https://ift.tt/7JfHVtx https://ift.tt/oRFkBmg via IFTTT

Viral Video: Mother Giraffe Chases Hyena Away To Protect Her Calf

The caption for the video states, "Mother Giraffe protects her baby from a hyena." An old proverb states that a mother will do anything for her child, and a newly popular wildlife video has once again demonstrated this. A mother giraffe's strong protective instinct is on display in the video. A giraffe standing with its baby is visible in the video. She makes every effort to keep the calf safe. So when the hyena attempts to approach, she shoos it away. The mother giraffe's aggressive move startled the carnivore, who bolted away right away. The video has gotten a lot of online reactions from social media users. Mother giraffe protects her baby from a hyena 🎥 wild.animalpower pic.twitter.com/wvSeY49iSf — Gabriele Corno (@Gabriele_Corno) June 21, 2023 "I have seen deer behave in this manner when their young are perceived to be in danger," commented one user. "This is how a mother ought to protect her child-whether inside or outside the womb,&

Gujarat Couple Kidnapped In Iran Trying To Enter US Illegally Returns

The kidnappers released the couple on payment of a ransom of Rs 10 lakh, police said. (File) Ahmedabad: A couple from Gujarat who were held hostage in Iran while they were trying to enter the US illegally returned on Wednesday, city police said. The couple were released by the kidnappers on payment of a ransom of Rs 10 lakh, police said. Krushnanagar police in Ahmedabad city had on Tuesday registered a First Information Report (FIR) against agents Abhay Raval and Pintu Goswami, who had allegedly promised to send the couple to the US through Iran. The case was registered under Indian Penal Code sections 364-A (kidnapping) and 420 (cheating) but no arrest has been made yet, police said. "The couple -- Pankaj Patel and his wife Nisha Patel -- returned on Wednesday morning. Further investigation is being done by the Ahmedabad crime branch," said Deputy Commissioner of Police, Zone 4, Kanan Desai here. The Patels have been admitted to a private hospital in Gandhinagar. A

Couple Fall Off Train After Three People Attack Them Over Clicking Photos

(Representative Image) A 25-year-old man and his woman relative fell off the Surat Express after they were allegedly beaten up by three people following a dispute over clicking photos in Madhya Pradesh's Gwalior district on Wednesday, police said. Bilaua police station in-charge Ramesh Shakya said police received information in the morning that a woman and a man were lying injured near a railway track. Police reached the spot and shifted the duo to a hospital, he said. "They told police that an argument ensued when three youths started clicking their pictures and making videos in a compartment of the Surat Express. When the duo resisted, they were thrashed. During the altercation, they fell off the train," the official said. The investigation is handed over to the Government Railway Police (GRP), he added. Superintendent of Police (SP) Rajesh Singh Chandel said a team has been formed to identify the attackers. The woman (35) and the man hail from Jharkhand. They

Noida Woman Found Dead Family Alleges Murder By In-Laws

The woman, aged around 27, had had a fight with her husband in the morning. Noida:: A mother of three children in Uttar Pradesh's Greater Noida allegedly died by suicide on Wednesday. Her in-laws cremated the body without calling in the police. The woman, aged around 27, had had a fight with her husband in the morning after which she locked herself inside a bathroom of the house. She was later found hanging there, police said. The woman's brother told the Badalpur Police that she had been killed by her in-laws, said a police spokesperson. An investigation has been launched into the matter, he added. The woman, who got married in 2016, had three children – a son and two daughters. "This morning, she had a fight with her husband after which she went to the bathroom and was later found dead… The in-laws did not inform the woman's family and burned the body," the spokesperson said. "Once a complaint is received, appropriate legal action would be ensure

Yoga Can Fix All Lifestyle Issues: Man Who Quit Job To Teach Yoga

Chakra Project has taught yoga to over 65,000 people so far. New Delhi: Fifteen years ago, when Santhanam Sridharan, 37, quit the corporate world to learn the art of yoga, the world was still far less exposed to screen time and the pressures of multi-tasking and fighting lifestyle disorders were only building up. "Even then, I saw what was wrong with it. I didn't want that life. The toxic productivity, the focus seemed to be driven towards making a lot of money now so that you can spend on doctors later. That is not how anybody's life should be," he said, explaining why his views on getting a work-life balance became stronger. He is the founder of a yoga centre now that goes beyond just a yoga class, focussing on building a community of people who help each other in their pursuit of a deep sense of all-around well-being. Mr Sridharan was just 27 when he started the Chakra Project, a yoga centre in Mumbai to help people understand the benefits of yoga and see it

Pub in China Slaps Woman With Fine For Not Creating A ''Vibrant Vibe''

Social media users were left bewildered by the strange incident A woman in China was left shocked after she was charged an extra 300 yuan (Rs 3,431) because she and her friends were ''not creating a vibrant enough vibe” in a pub, South China Morning Post reported. As per the report, the unidentified woman had booked a VIP booth at the Boom Shake bar in Hangzhou, Zhejiang province, to enjoy with her friends.  When the bill for 4,988 yuan (57,053) arrived, they were surprised to find an extra bottle of wine and a mystery charge of 300 yuan added. The woman confronted the staff and was told that the extra charge was a ''punishment'' because the atmosphere around their booth was not good enough. ''He said we were fined as the vibe around us during the last hour there was not vibrant enough,'' the woman told news site Pear Video. The woman who was left speechless by the response said, ''We went there as consumers, not to work to creat

Flood-Like Situation In Rajasthan As Cyclone Biparjoy Brings Heavy Rain

59 people were rescued from Rajasthan districts that are facing a flood-like situation. Jaipur: Fifty-nine people were rescued on Sunday from Rajasthan's Jalore, Sirohi and Barmer districts which are facing a flood-like situation due to heavy rainfall caused by cyclonic storm Biparjoy, officials said. Chief Minister Ashok Gehlot spoke to the district collectors of Jalore, Sirohi, Barmer and Pali during the day. The situation is under control and continuous monitoring is being done, the officials added. State Disaster Relief Force (SDRF) Commandant Rajkumar Gupta said 39 civilians stranded in flood-affected Od Basti of Bhinmal town in Jalore were rescued and taken to safer places. Twenty people trapped in their houses due to water-logging in the low-lying areas of Dhaurimanna town in Barmer district were rescued by the personnel of the force, he said. Police said four people, including a woman, were killed in two separate rain-related incidents in Barmer and Rajsamand distri

Ton-up Usman Khawaja Keeps England At Bay In Ashes Opener

Usman Khawaja ended his decade-long wait for a maiden Test hundred in England as he led an Australia recovery in the Ashes opener at Edgbaston on Saturday. Australia were struggling at 67-3 after Stuart Broad struck twice in two balls to remove David Warner and Marnus Labuschagne before England captain Ben Stokes captured the prize wicket of star batsman Steve Smith. But they had recovered to 311-5 at stumps on the second day of this five-match series, with opening batsman Khawaja 126 not out and wicketkeeper Alex Carey unbeaten on 52 in an unbroken stand of 91. That still left Australia 82 runs behind England's first-innings 393-8 declared built on Joe Root's 118 not out. Australia captain Pat Cummins insisted Thursday his recently-crowned World Test champions had no need to emulate England's ultra-aggressive 'Bazball' style batting, saying: "Somewhere our batters might take 200 balls to get a hundred and that's totally fine." His words were underl

South Africa's Ramaphosa Tells Putin "War Has To Have An End"

South African President Cyril Ramaphosa meets Putin in Moscow Moscow: South African President Cyril Ramaphosa, who is in Russia as part of a peace-seeking delegation, on Saturday told his Russian counterpart Vladimir Putin that the conflict in Ukraine had to stop. "This war has to have an end... It must be settled through negotiations and through diplomatic means," said Ramaphosa. He added that his delegation, consisting of seven African leaders, "came with a very clear message: that this war has to be ended." "This war is having a negative impact on the African continent and indeed on many other countries around the world," Ramaphosa said ahead of formal talks with the Russian president. On Friday, the delegation held talks with Ukrainian President Volodymyr Zelensky in Kyiv. "We have come to listen to you and through you to hear the voice of the Russian people," said Comoros President Azali Assoumani, who currently heads the African U

Drunk Kerala Cop Barges Into House Creates Ruckus; Arrested

The drunk cop had barged into a house under the "influence of alcohol", police said. (Representational) Thiruvananthapuram: A Kerala civil police officer was allegedly attacked by a group of people in Palayam in Kerala's Thiruvananthapuram after he "barged" into a house in an "inebriated" state on Friday morning. Police said, the accused had barged into a house under the "influence of alcohol" and started to create a ruckus. The alleged incident took place on Friday morning. He has been identified as R Biju, a civil police officer of the Telecom Communication (wireless) Department of the Kerala police. As per the police complaint filed by one of the family members, On Friday morning, Biju allegedly barged into a residence in Bakery Junction near Palayam. "He started to create ruckus inside the house," the complaint alleged. "After hearing the noise, the neighbours come out and chased him away on the road," the po

Archaeologists Discover Well-Preserved 3000-Year-Old Sword In Germany

The rare Bronze Age sword was unearthed from a burial site. A sword from a Bronze Age burial was found by archaeologists in Germany, and unexpectedly, it is still gleaming due to its excellent preservation. According to a statement issued on June 14 by the Bavarian State Office for Monument Protection, the 3,000-year-old sword was found in the graves of a man, woman, and child in the Bavarian town of Nordlingen. Although it appears that the trio were buried quickly after one another, it is unknown if they were linked. The sword has been preserved so exceptionally well that it practically still shines. A translation of the statement reveals that it is a representative of the bronze full-hilt swords (octagonal sword type), whose octagonal hilt is entirely made of bronze. According to a LiveScience report, archaeologists dated the sword to the end of the 14th century B.C. Sword discoveries from this time and region are rare, as many middle Bronze Age graves were looted over the mi

10 Killed In Road Accident In Canada: Report

At least 10 died Thursday in a road accident in central Canada's Manitoba province. (Representational) Montreal: At least 10 people died Thursday in a road accident in central Canada's Manitoba province, local media reported. Canadian police, who did not immediately respond to requests from AFP, said on Twitter that officers were responding to a "mass casualty collision" near the town of Carberry. According to media reports, the accident involved a semi-trailer truck and a minivan specialized in transporting disabled people. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Adblock test (Why?) from NDTV News- Special https://ift.tt/LB8Tw1W https://ift.tt/EqtUznL via IFTTT

Cyclone Biparjoy: 22 Injured 940 Villages Plunge Into Darkness In Gujarat

Cyclone Biparjoy: 23 animals have been killed, 524 trees have fallen so far due to strong wind. Gandhinagar: At least 22 people were injured, while electric poles and trees were uprooted as 'very severe' cyclonic storm Biparjoy made landfall in Gujarat's coastal areas on Thursday evening, officials said. In addition to this, 23 animals have also been killed and heavy rains coupled with gusty winds brought down over 524 trees and electric poles at various places in Gujarat, snapping the supply of power to around 940 villages, they said. As the storm's landfall process started, gusty winds at over 120 kmph and heavy rains lashed the Saurashtra and Kutch coasts of the state. Officials said that several relief and rescue teams are on alert as tens of thousands of people were evacuated to safe locations in Gujarat. "Around 22 people have been injured due to the storm. So far, there is no news of anyone's death. 23 animals have been killed, 524 trees have fa

Bike Taxi Ban: Drivers Write To Delhi Lt Governor Citing Livelihood Threat

The drivers said the Delhi government was adamant on banning their services. New Delhi: A section of bike taxi drivers has sought Delhi LG V K Saxena's intervention in helping them stave off a Delhi government ban which proscribed them from plying on city roads in absence of a policy. The Delhi government had earlier in the week banned app-based taxi services such as Rapido and Uber in view of absence of a policy for plying of bike taxis on city roads. In a memorandum they handed over to LG's office, the drivers said the Delhi government was adamant on banning their services. "We will face difficulties in meeting household expenses, getting our children educated and getting our parents treated," read the memorandum. The Supreme Court had on Monday stayed a Delhi High Court order that essentially allowed Rapido and Uber to operate in the national capital by asking the Delhi government not to take any coercive action against them till a new policy was formulate

Markets Regulator Asks Listed Firms To Confirm Or Deny Rumours From Oct 1

Sebi's move is aimed at streamlining the disclosure requirements (File) New Delhi: To streamline the disclosure requirements, Sebi has notified rules asking the top 100 listed companies by market capitalisation to confirm, deny or clarify any market rumour reported in the mainstream media from October 1. Further, for the top 250 listed entities, the rule will kick in from April 1, 2024, the Securities and Exchange Board of India (Sebi) said in a notification. These companies will have to "confirm, deny or clarify any reported event or information in the mainstream media which is not general in nature and which indicates that rumours of an impending specific material event" are circulating amongst the investing public, within 24 hours from the reporting of the information. To strengthen the corporate governance at listed entities, Sebi came out with a framework to address the issue of certain shareholders enjoying special rights perpetually. Any special right gran

US Federal Reserve Pauses Rate Hikes But Signals More Tightening Ahead

The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes. Washington: The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating that another sharp increase could be needed before year-end. After 10 straight increases since March 2022, the Fed's rate-setting committee voted to hold its benchmark lending rate between 5.0 percent and 5.25 percent, the central bank said in a statement. Despite the Fed's aggressive campaign of monetary tightening, annual inflation remains stubbornly above its long-term target of two percent, while unemployment is close to record lows. Holding interest rates steady gives policymakers on the Federal Open Market Committee (FOMC) time "to assess additional information and its implications for monetary policy," the Fed said. The move was broadly in line with analysts' expectations. However, FOMC membe

Google Planning to Add Online Shopping Features to Generative AI

Google is bringing generative AI technology to shopping, aiming to get a jump on e-commerce sites like Amazon.com. The Alphabet-owned company announced features Wednesday aimed at helping people understand how apparel will fit on them, no matter their body size, and added capabilities for finding products using its search and image-recognition technology. Additionally, Google introduced new ways to research travel destinations and map routes using generative AI — technology that can craft text, images or even video from simple prompts. “We want to make Google the place for consumers to come shop, as well as the place for merchants to connect with consumers,” Maria Renz, Google's vice president of commerce, said in an interview ahead of the announcement. “We've always been committed to an open ecosystem and a healthy web, and this is one way where we're bringing this technology to bear across merchants.” Google is the world's dominant search engine, but 46 percent of

Arvind Kejriwal Says Delhi's Water Crisis To Be Resolved Within 2-3 Years

Arvind Kejriwal said that government is taking radical steps to tackle the water problem in Delhi. New Delhi: Delhi's water crisis will be resolved within the next two-three years as the government is taking radical steps to tackle the problem, Chief Minister Arvind Kejriwal said on Tuesday. In 2015, Delhi's water production stood at 850 million gallons per day (MGD). It has now increased to 1,000 MGD, he said at a press conference at the Delhi Secretariat. Mr Kejriwal said he has set an ambitious target to further enhance Delhi's water production capacity to a range of 1,200-1,300 MGD. Once this goal is achieved, Delhiites will no longer face water shortages, he added. To accomplish this, the government plans to install tubewells in areas with high water-tables, enabling the extraction of water on a large scale. Additionally, an innovative approach will be adopted to recharge groundwater by rejuvenating lakes with treated sewage treatment plant (STP) water, the ch