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Large amount of arms and ammunition were recovered from two terrorists of Babbar Khalsa International (BKI): Delhi Police Special Cell. Stay tuned for Latest LIVE news

4:51 PM

Encounter breaks out in Jammu & Kashmir's Budgam

4:44 PM

Kochi Metro Rail services resume; Kerala CM inaugurates new stretch

Metro Rail services in Kochi resumed on Monday after being suspended for five months due to the Covid-19 lockdown even as Kerala Chief Minister Pinarayi Vijayan inaugurated the newly finished Thykoodam-Pettah stretch.

 

The Metro services between Thykoodam and Aluva resumed at 7 am, adhering to Covid-19 protocols.

 

The inauguration of the Thykoodam-Aluva stretch of the Kochi Metro marked completion of the first phase of the urban transport mobility in the coastal city at a cost of Rs 6,218 crore.

 

Union Minister for Civil Aviation and Housing & Urban Affairs Hardeep Singh Puri presided over the function held on a virtual platform, hours after the Kochi Metro resumed services.

4:36 PM

Monsoon withdrawal might be staggered and slower this year: IMD

Though the South West monsoon will start withdrawing at the fag end from West Rajasthan starting second week of September, as per norm, the decrease in showers might not be swift in other parts of the country as new low pressure areas are developing over the Bay of Bengal. These are likely to cause good rains over Maharashtra, Karnataka and Kerala in the next four weeks. Read more

A group of people pose for pictures at Marine drive during Cyclone Nisarga, in Mumbai

4:31 PM

Delhi Assembly to hold special one-day session on Sept 14

The Delhi Cabinet has decided to convene a special one-day session of the Legislative Assembly on September 14, government sources said on Monday.

 

A proposal by Principal Secretary (Law) for the one-day special session of Delhi Assembly was considered and approved by the Cabinet on September 5, they said.

 

In view of the Covid-19 pandemic, the session will be held with various safety measures in place, including testing of legislators and staff, they added.

4:11 PM

Environment Ministry celebrates International day of Clean Air for Blue Skies

4:03 PM

RBI announces OMO for sale, purchase of govt securities of Rs 10,000 cr

The Reserve Bank of India (RBI) will conduct simultaneous purchase and sale of government securities under the Open Market Operation (OMO) for Rs 10,000 crore each on September 10, the central bank said on Monday.

 

The RBI on August 31 had announced that it would conduct special simultaneous purchase and sale of government securities under OMO for an aggregate amount of Rs 20,000 crore in two tranches of Rs 10,000 crore each as part of its measures to foster orderly market conditions.

 

"The first auction is scheduled for September 10, 2020," the RBI said in a statement.

3:52 PM

We have to show 'maximum flexibility' in implementing NEP: PM Modi

Prime Minister Narendra Modi said on Monday that "maximum flexibility" has to be shown in implementing the new National Education Policy (NEP) and all questions about it have to be addressed, as he asserted that it is not a government's but the country's education policy.

 

Addressing the 'Governors' Conference on the Role of NEP in Transforming Higher Education', Modi said it is natural for stakeholders to have questions about various aspects of the policy and "we are all working to address all these questions".

 

The view of every stakeholder is being heard with an open mind, he said, adding that most of the questions about the NEP are related to its implementation.

 

He likened the education policy to defence and foreign policies, saying they belong to the country not government. The education policy is linked to the nation's aspirations, he added.

3:34 PM

MP cuts stamp duty by 2% till 2020-end

3:20 PM

In pics: Few commuters and glitches as Metro services return after 6 months

After a halt of nearly 6 months, the Delhi Metro resumed services with curtailed operation of the Yellow Line, which connects Samaypur Badli in Delhi to the HUDA City Centre in Gurugram, on Monday. Commuters reported hiccups while making online payments at many stations, including Central Secretariat, Chawri Bazar, and Chandni Chowk. See photos

Commuters travel in a metro train after Delhi Metro resumed services with curtailed operation of the Yellow Line and Rapid Metro, amid the ongoing coronavirus pandemic, in New Delhi. Photo: PTI

3:01 PM

Tourism sector in dire straits due to Covid-19; needs urgent relief from govt: IATO

Industry body IATO on Monday urged the government to provide immediate relief to the tourism sector, which has been severely hit by the Covid-19 pandemic.

 

Most of the tour operators have been forced to lay off their staff, many have sent staff on furlough and those who are remaining are getting less than 30 per cent salary, the Indian Association of Tour Operators (IATO) said in a statement.

 

In light of this, IATO has sought various relief measures from the government. This includes one-time financial grant of the gross salaries amount paid to the staff of tour operators on the basis of the balance sheet of fiscal year 2018-19 which is submitted with the government authorities,IATO said.

2:48 PM

Centre, States will have to increase investment in research: President Kovind

The Centre and State governments will have to increase investment in research and innovation, said President Ram Nath Kovind on Monday.

 

"It is seen that investment in research and innovation in America is 2.8 per cent of the GDP, in South Korea, it is 4.2 per cent, and 4.3 per cent in Israel, while in India it is just 0.7 per cent. To speed up a big economy like India, it is important to ensure knowledge creation and encourage research. The Centre and State governments will have to increase the percentage of investment in research and innovation," the President said. Read More 

2:36 PM

Future Retail hits lower circuit for fifth straight day, slips 34% in a week

Shares of Future Retail (FRL) were locked in the lower circuit limit for the fifth straight session on Monday, down 5 per cent at Rs 106.85 on the BSE after the company reported a consolidated net loss of Rs 478 crore for the March quarter (Q4FY20), due to higher depreciation and other expenses. Future group company, which owns brands like Big Bazaar, fbb, Foodhall, Easyday and Nilgiris, had posted a net profit of Rs 203 crore in the year-ago quarter.

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2:28 PM

Fall in GDP alarming; time for bureaucracy to take meaningful action: Rajan

Terming the 23.9% fall in GDP in June quarter alarming, former RBI Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action.

 

The current crisis requires a more thoughtful and active government, he said, adding unfortunately, after an initial burst of activity, it seems to have retreated into a shell.

 

"The sharp decline in economic growth should alarm us all. The 23.9 per cent contraction in India (and the numbers will probably be worse when we get estimates of the damage in the informal sector) compares with a drop of 12.4 per cent in Italy and 9.5 per cent in the United States, two of the most Covid-19-affected advanced countries," Rajan wrote in a post on his LinkedIn page.

2:14 PM

Tariffs unsustainable at present, raising important: Vodafone Idea CEO

"Tariffs are unsustainable below cost as is the situation now. Raising tariffs is important and we are never shy of doing that. We have done it in the past when industry players followed us. That’s the reason, the regulator is also engaged in a discussion for setting a floor price," Ravinder Takkar said. Read more

2:02 PM

CRPF detects IED in Jammu & Kashmir's Kupwara, diffused