ocean trench, marine

Conservation and restoration of marine resources and ecosystems is fundamental to development, and we need a sustainable blue economy to make this happen

Needed: A sustainable blue economy

Business Standard

India must protect the integrity of its constitutional institutions from outside interference, including those that are politically motivated, said Justice P S Narasimha, Judge, Supreme Court of India, on Sunday.
Justice Narasimha was delivering the Justice E S Ventakaramiah Centennial Memorial Lecture, organised by the National Law School of India University (NLSIU) in Bengaluru.
Justice Venkataramiah served as the 19th Chief Justice of India. He previously served as a judge of the Karnataka High Court, as well as the Advocate General of Mysore. According to the Supreme Court Observer, he was a part of benches that pronounced 720 judgments. Of these, he authored 256 judgments during his term at the Supreme Court.
In his lecture, Justice Narasimha said integrity of the institutions can be maintained only by putting in place safeguards in the appointment, decision making and removal process of individuals who helm these institutions.
He also added that the topic of the memorial ...

Supreme Court, SC

The committee is expected to submit its report to the Defence Minister in the next two to three months with a detailed assessment of the requirements of the force

Indian Air Force, Agniveer Vayu trainees,

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. money cash

Amid reports claiming that Delhi's tableau has missed the cut for next year's Republic Day parade, AAP national convenor Arvind Kejriwal on Sunday accused the Centre of playing politics over the issue.
Kejriwal also slammed the BJP, saying Delhi being the national capital, its tableau should be included in the Republic Day parade every year.
"I want to ask them -- why is Delhi's tableau being excluded once again this year? Why are the people of Delhi being prevented from participating in the Republic Day celebrations," Kejriwal asked at a press conference.
Claiming that Delhi's tableau has been missing the cut for several years now, Kejriwal said, "What kind of politics is this? Why is there so much hatred towards Delhi and its people? If these leaders hold such animosity, why should the people of Delhi vote for them?"
Notably, Assembly elections in Delhi are due in February.
Hitting back at the AAP chief, Delhi BJP President Virendra Sachdeva claimed Kejriwal shows his "true colo

KEJRIWAL

Three managers were dismissed for the violations, and a police report was filed against them

Singapore Post

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST cut and key rate rationalisation decisions

GST council meeting

After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.
Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.
Despite this short-term reversal, the broader December trend remains positive. FPIs have infused Rs 21,789 crore into Indian equities so far this month, reflecting continued confidence in India's economic growth potential and its resilient markets.
FPIs adopted a cautious approach due to the US Fed meeting and uncertainty about 

Foreign portfolio investor exodus: Financial sector bears the brunt, FPI

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised Rs 27,870 crore.
Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.
The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.
"Rising retail participation, strong domestic inflows and active participation by FPIs (

ipo market listing share market

A 50-year-old doctor from Saudi Arabia, who has been living in Germany since 2006, is the prime suspect in the Christmas market attack in Magdeburg, which killed five people

Germany police

The accumulated losses of state public sector enterprises (PSEs) rose from Rs 3,953.70 crore in 2020-21 to Rs 4,778.70 crore in 2022-23, while the profit earned by 13 SPSEs stood at Rs 20.21 crore as on September 30, 2023, according to a report by the Comptroller and Auditor General (CAG) on finances tabled in the Assembly on Saturday.
The net worth of nine out of these 14 PSEs has been completely eroded by losses and their worth was (-) Rs 1,932 crore against an equity investment of Rs 2,085.59 crore, while three PSEs have outstanding government loans amounting Rs 3,132 crore, the report said.
Himachal Pradesh State Electricity Board topped the list of loss making enterprises with accumulated losses of Rs 1,809.61 crore, followed by Himachal Pradesh Road Corporation at Rs 1707.12 crore, HP Power Corporation at Rs 552 crore, Himachal Pradesh Power Transmission Corporation at Rs 395.91 crore, HP Financial Corporation at Rs 180.97 crore, State Forest Corporation at Rs 113.04 crore, HPM

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government officia

Increase in tax on electric vehicles will make it difficult for the electrification journey of the Indian automotive industry, Kia India Managing Director and CEO Gwanggu Lee said on Thursday.
The company, which unveiled its new company SUV Syros, is looking at around 17 per cent sales growth next year at 3 lakh units as compared to 2.55 units expected this year.
A big burden for EVs is still the high price, Lee told PTI here in an interaction.
"So without any tax incentive from the government it is very difficult," he said when asked about the impact on possible increase in tax on EVs.
New EVs at present attract 5 per cent GST.
There has been speculation that the GST rate on used EVs, currently taxed at 12 per cent, may be reclassified into the higher 18 per cent tax slab.
Kia India currently sells two EV models -- EV6 with price starting at Rs 60.96 lakh and EV9 tagged at Rs 1.3 crore.
Lee cited the example of Canada where sales of EVs crashed when the incentives on EVs were .

Electric vehicles, EVs, Electric car

ChatGPT is now available on WhatsApp. OnePlus 13r launching in India on Jan 7. Vivo X200 series sale starts. Sennheiser Profile Wireless microphones launched. Nothing OS 3.0 roll out

Tech Wrap December 19

The Federation of All India Farmer Association (FAIFA) released a comprehensive agricultural roadmap on Thursday, calling for enhanced digital infrastructure and sustainable farming practices to boost India's agricultural sector through 2040.
The white paper, titled "Indian Agriculture Outlook 2025," was unveiled by parliamentarians Magunta Sreenivasulu Reddy and Putta Mahesh Kumar to mark Kisan Divas 2024, highlighting persistent challenges, including low productivity, weather vulnerabilities, and fragmented landholdings.
"Despite government initiatives across crop, livestock, and fisheries sectors, significant hurdles remain in realising Indian agriculture's full potential," FAIFA said in the report.
FAIFA projected that Indian agriculture will likely grow at a CAGR of 5.5 per cent from 2025 to 2030, reaching a total value of Rs 42 lakh crore. Foodgrain production is projected to increase by 25 per cent by 2030, from the current 330 million metric tonnes.
"On the National Farmers

Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that th

Check for loopholes in coverage, like sub-limits, and evaluate whether you need to augment coverage through a super top up policy

Health insurance customers will face higher premiums as insurers implement hikes. HDFC Ergo General Insurance has recently raised premiums for its flagship product, Optima Secure. New India Assurance has also announced upcoming hikes across all its p

Zetwerk raises $90 million in 2024, led by Khosla Ventures, Rakesh Gangwal, and Baillie Gifford, increasing its valuation to $3.1 billion

zetreck

Congress calls FIR against Rahul Gandhi over Parliament scuffle a 'badge of honour', alleging BJP's vendetta and diversionary tactics to counter his protest against Amit Shah's Ambedkar remarks

Rahul Gandhi, Rahul, congress leader

The I-T department probes Rs 7,500 crore spent on lavish weddings, targeting Jaipur planners and fake billing networks linked to foreign destination events and cash transactions

weddings, marriage

The latest Economic Survey said, India has to find the right balance between importing goods from China and importing capital (FDI) from China

How policymakers are split over attracting Chinese investment into India

The Banning of Unregulated Lending Activities Bill calls for the CBI to handle probes in cases spanning multiple states or UTs

The Centre, in collaboration with states, has proposed to classify unregulated lending as a cognizable and non-bailable offence, with penalties including imprisonment of up to 10 years. The finance ministry has invited feedback by February 13 from st

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Needed: A sustainable blue economy

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India must protect integrity of constitutional institutions, says SC Judge

Govt forms committee to look into IAF's overall capability development

CII calls for reforms in priority sector lending framework ahead of Budget

Kejriwal slams Centre after Delhi tableau excluded from Republic Day parade

Singapore Post fires CEO, senior executives after whistleblowing report

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55th GST Council takes key decisions, defers rate cuts on insurance premium

FPIs pull out Rs 976 crore from Indian equities amid rising dollar

IPO boom: Record Rs 1.6 trn raised in 2024; bigger gains expected in 2025

Who is the Saudi-born suspect behind Germany Christmas market attack?

Losses of Himachal's 30 PSEs rose from Rs 3,953 cr to Rs 4,778 cr: CAG