Kangana to be brand ambassador of UP’s ODOP; actor meets Yogi Adityanath.

India

CM Yogi & Gangana

Bollywood actor Kangana Ranaut will be the brand ambassador Uttar Pradesh government’s One District One Product Programme, the government announced on Friday, after the actor met Uttar Pradesh chief minister Yogi Adityanath at his official residence in Lucknow.


Nitin Gadkari says the NHAI is building EV charging stations along highways.

India

Nitin Gadkari

“NHAI is also developing electric vehicle charging infrastructure along the highways to promote the use of electric vehicles,” he said


RBI’s new auto-debit rule, pension norms: 9 changes that will set in from October 1

India

RBI

From pension rules to the new automatic debit guidelines and some banks stop using checkbooks, a series of changes will take effect starting Friday. Most changes will have a direct impact on people’s daily lives. As the deadline for the Reserve Bank of India (RBI) to extend the implementation of the standards is coming to an end, the new automatic debit rules will take effect today.
Since additional authentication factors have now become mandatory requirements, there will be no automatic repeated payments for services such as recharges, utility bills, etc.
In order to ensure the safety and security of card transactions, the Central Bank instructed all banks that use cards or prepaid payment instruments (PPI) or unified payment interfaces (UPI) to process recurring transactions (domestic or cross-border) in December last year. AFA compliance will not continue after March 31, 2021. This rule applies to all types of recurring payments, such as ott, dth, etc.


Musk, Bezos set to offer broadband in India

Business

Elon Musk & Jeff Bezos

Jeff Bezos and Elon Musk are the two richest businessmen in the world. They will compete with Airtel’s Sunil Mittal and Reliance Jio’s Mukesh Ambani in the high-speed broadband and Internet sectors because they have already competed with the Indian government. Contacted and proposed a separate plan to provide a satellite-based Internet. The connectivity company’s plan is to provide a large amount of bandwidth through low earth orbit (LEO) satellites deployed about 1,000 kilometers from the earth-speeds of up to 1 GBPS or higher. Musk’s satellite Internet companies Starlink and Amazon have respectively negotiated with the Ministry of Telecommunications and the Ministry of Space and Space to launch satellite Internet services in India. A source in the telecommunications sector stated that companies must follow the prescribed guidelines for telecommunications services when they start the service.


India’s quest for a road to Central Asia

Geo Politics


Central Asia may want India to act as a counterbalance to China. It is said that China has so far pledged US$100 million to improve Afghanistan’s connectivity. In a speech at the Shanghai Cooperation Organization (SCO) meeting on September 17, Narendra Mo Prime Minister Di talked about how Central Asia has historically served as a bridge between different regional markets. He said that in the 21st century, India is committed to increasing ties with inland Central Asia.


“We believe that the Central Asian landlocked countries can benefit a lot by establishing connections with India’s huge market. Unfortunately, due to the lack of mutual trust, many connection options are not open to them today. Investment and our efforts on the International North-South (Transit) Corridor (INSTC) are all driven by this reality,” the Prime Minister said.


Tata Sons wins bid for Air India, official announcement awaited

Business

Air Asia

The long wait is finally over. According to Bloomberg News, Tata Sons won the bid for Air India. Later that day, the top bureaucrat in charge of the government’s divestment plan said that no final decision had yet been made. The political license will be divided into two levels. At one level is the specific alternative mechanism of Air India, which is composed of the Minister of Interior Amit Shah, the Minister of Finance Nirmala Sitalaman, and the Minister of Commerce Pyosh · The delegation group composed of Goyal and other ministers.
Then came the approval of the coalition cabinet led by Prime Minister Narendra Modi. Moneycontrol has contacted Tata Sons and is waiting for a reply. Moneycontrol has independently confirmed to sources that Tata Sons is indeed the leader in bidding.

The Coal Crisis Worsens Due to Increased Power Demand and Record Global Rates

Business

Graph of utilizing coal

Prices for power-generation fuels are rising globally as industrial growth boosts electricity demand, causing coal and liquefied natural gas supplies to tighten.


Under the EV Policy, Maharashtra receives a ₹2,823 Cr investment for a vehicle manufacturing facility

India

EV charging

Under the EV Policy, Maharashtra receives a $2,823 million investment for a vehicle manufacturing facility. “The ₹2,800 crore investment will create 1,250 job opportunities and contribute to climate action,” said Shri Aaditya Thackeray, Hon’ble Minister for Environment, Tourism, and Protocol, Government of Maharashtra.


States’ fears over GST regime have come true: Tamil Nadu Finance Minister

Tamil Nadu

Palanivel Thiaga Rajan

Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Wednesday said the States’ fears of losing autonomy with the Goods and Services Tax regime have come true.
“One thing that is very clear to me is the fears of loss of autonomy have been fully realised. The States have now very little independence in any matters of taxation now,” he said, stressing on how many problems can be resolved to the satisfaction of the States and industry if the GST decisions are data-driven.Blaming the Centre’s policy and attitude towards the States as the problem, he underscored the need for businesses and government to work together for a strong economy


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