Highlights: Paytm Payments Bank releases FAQs on refund, closing FASTags
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The Paytm Payments Bank has released a list of Frequently Asked Questions (FAQs) for the users regarding the refund and closing process of their FASTag accounts.
Competition Commission has ordered probe against Google for alleged unfair business practices with respect to its Play Store pricing policy, PTI reported.
Mauritian Financial Services and Good Governance Minister Soomilduth Bholah told news agency PTI that Mauritius is looking for investments from India. Bholah added that Mauritius is ensuring transparency in financial services sector and no shell companies operate in the island nation.
Competition Commission has ordered probe against Google for alleged unfair business practices with respect to its Play Store pricing policy, PTI reported.
Mauritian Financial Services and Good Governance Minister Soomilduth Bholah told news agency PTI that Mauritius is looking for investments from India. Bholah added that Mauritius is ensuring transparency in financial services sector and no shell companies operate in the island nation.
Probe agency Enforcement Directorate (ED) on Friday conducted searches at the Hyderabad house of Bharat Rashtra Samithi (BRS) leader K Kavitha in connection with an alleged money laundering case linked to the Delhi liquor policy case. This development comes after K Kavitha skipped at least two summons issued by the ED.
The Election Commission of India (ECI) today issued a press release stating that the dates for the Lok Sabha polls will be announced on Saturday at 3 PM. The BJP has so far released two lists of 267 candidates for the General Elections, while the Congress has came out with the names of 82 candidates over two lists.
The Supreme Court today ordered SBI to disclose electoral bond numbers, which reveal the link between donors and political parties.The Supreme Court was hearing an application today filed by the Election Commission seeking modification of the operative portion of its March 11 order in the electoral bonds case. The EC stated that the order had noted that copies of the documents submitted by it to the Supreme Court in sealed cover during the course of hearing be maintained at the office of the Election Commission. The EC said it did not keep any copy of the documents and added that they may be returned so that it can comply with the court directions.
A separate plea submitted by NGO Association for Democratic Reforms (ADR) challenging the exclusion of the Chief Justice of India from a panel for the selection of the chief election commissioner and election commissioners was also set to come up for hearing on Friday. The matter is not shown in Friday's list of business on the Supreme Court website.
Stating that it is closely monitoring the implementation of the the Citizenship Amendment Act in India (CAA), the United States expressed its concerns regarding the notification of the contentious law in a statement released on Thursday. "We are concerned about the notification of the Citizenship (Amendment) Act on March 11," said State Department Spokesperson Matthew Miller during his daily briefing with reporters. "We are closely monitoring how this act will be implemented. Respect for religious freedom and equal treatment under the law for all communities are fundamental democratic principles," Miller added.
West Bengal Chief Minister Mamata Banerjee was hospitalised on Thursday after she was injured in a fall in the vicinity of her home. The Trinamool Congress chief was admitted to the state-run SSKM hospital.
10:12 PM
McDonald's apologises for global system outage that shut down some stores for hours
McDonald's apologised on Friday for a global technology outage that shuttered some restaurants for hours.
The company said the outage was caused by a third-party technology provider and was not a cybersecurity issue. It started around 12 a.m. CDT during a configuration change and was close to being resolved about 12 hours later, the Chicago-based company said.
“Reliability and stability of our technology are a priority, and I know how frustrating it can be when there are outages. I understand that this impacts you, your restaurant teams and our customers,” Brian Rice, the company's global chief information officer, said in a statement.
“What happened today has been an exception to the norm, and we are working with absolute urgency to resolve it. Thank you for your patience, and we sincerely apologize for any inconvenience this has caused," the statement added.
9:48 PM
Civil aviation sector: DGCA refuses to extend June 1 deadline to implement new FDTL rules
The Directorate General of Civil Aviation (DGCA) has refused to extend the June 1 deadline for the airlines to implement the new flight duty time limitation (FDTL) norms for pilots. Last month, Federation of Indian Airlines — which comprises IndiGo, Air India, Vistara and SpiceJet — wrote a letter to the regulator asking it to defer the deadline by one year as about 25 per cent more pilots would be needed to implement the new norms. The airlines had said that they won’t be able to hire and train these many pilots by June 1. FDTL norms are important as they ensure adequate rest for pilots so that there is no untoward incident.
8:57 PM
Firing of employees: Tat Group's Air India lays off over 180 non-flying staff, says report
Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities.
The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model.
An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.
"A comprehensive process has been followed to assess the suitability of all employees over the past 18 months. During this phase, there have also been multiple Voluntary Retirement Schemes and reskilling opportunities offered to employees.
8:41 PM
Centre hikes windfall tax on petroleum crude, says govt notification
The Indian government has raised its windfall tax on petroleum crude to Rs 4,900 ($59.15) a tonne from Rs 4,600 with effect from March 16, according to a government notification released on Friday.
8:12 PM
Political news: BRS leader K Kavitha taken into custody by ED; party alleges violation
The Enforcement Directorate on Friday arrested BRS leader K Kavitha in Hyderabad and is bringing her to Delhi for questioning in connection with a money laundering probe linked to the Delhi excise policy scam case, agency sources said. Agency officials raided the premises of the leader in Hyderabad today morning and later arrested her. BRS leader and former Telangana minister Vemula Prashanth Reddy claimed that Kavitha was taken to Delhi on a flight at 8.45 pm. He alleged that the move was "pre-planned" and that they would protest against it. BRS working president K T Rama Rao, former minister Harish Rao and a large number of party workers gathered at Kavitha's residence and raised slogans.
6:25 PM
Ukraine-Russia war: Russian missile strike kills at least 14 people in southern Ukraine
A Russian missile strike on Odesa in southern Ukraine on Friday killed at least 14 people and injured 46 others, local officials said. A first missile struck houses and when emergency crews arrived at the scene a second missile landed, authorities said. Among those killed were a paramedic and an emergency service worker. The attack occurred as Russians voted in a presidential election that is all but certain to extend Vladimir Putin's rule by another six years after he crushed dissent and as the war in Ukraine stretches into its third year. At least 10 houses in Odesa and some emergency service equipment were damaged in the attack, which started a blaze, according to Ukraine's Emergency Service and regional Gov. Oleh Kiper.
6:03 PM
Forex reserve live: India's forex kitty expands $10.47 bn to $636.095 bn
India's forex kitty jumped by $ 10.47 billion to $ 636.095 billion for the week ended March 8, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $ 6.55 billion to $ 625.626 billion. In October 2021, the country's forex kitty had reached an all-time high of $ 645 billion. The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year. For the week ended March 8, the foreign currency assets, a major component of the reserves, increased by $ 8.121 billion to $ 562.352 billion, the Reserve Bank of India (RBI) said. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves increased by $ 2.299 billion to $ 50.716 billion during the week, the RBI said.
4:53 PM
BJP moves high court over PM Modi roadshow permission
The BJP's Tamil Nadu unit today approached the Madras High Court, challenging a police order denying permission to Prime Minister Narendra Modi's road show in Coimbatore on March 18.
4:49 PM
Mauritius looking for investments from India, says Mauritian minister Soomilduth Bholah
Mauritian Financial Services and Good Governance Minister Soomilduth Bholah told news agency PTI that Mauritius is looking for investments from India.
4:27 PM
McDonald's outlets suffer system outage across world; ops suffer: Report
McDonald's today stated that a technology outage had disrupted operations at many of its outlets worldwide, including Japan and Australia, but ruled out the possibility of a cybersecurity incident. Many McDonald's stores in Japan stopped taking in-person and mobile customer orders because of the system disruption, a spokesperson at McDonald's Holdings Company Japan said,
4:16 PM
Electoral bonds data: Freeze BJP bank accounts, conduct special investigation, says Kharge
Congress chief M Mallikarjun Kharge today asked for a special investigation into the electoral bonds scheme and said the BJP's bank accounts must be frozen till its completion. He also raised the issue of several companies purchasing electoral bonds soon after they faced raids by central agencies such as Enforcement Directorate and Income Tax Department. The BJP encashed Rs 6,060 crore over five years through the Electoral Bonds Scheme.
4:05 PM
News update: ED raids BRS leader K Kavitha's premises in money laundering probe
4:00 PM
US statement on CAA 'misplaced, misinformed, unwarranted', says MEA
The Ministry of External Affairs (MEA) spokesperson today termed the U. State Department's statement on the country's implementation of a contentious, religion-based citizenship law "misplaced, misinformed, and unwarranted". Washington, in a statement earlier this week, had said it was "concerned" about the notification of the Citizenship Amendment Act and defined "respect for religious freedom and equal treatment" as fundamental democratic principles.
3:55 PM
UDF, LDF destroyed Kerala's culture of spirituality, says PM Modi in Kerala
3:52 PM
PM Modi in Kerala: In the last 10 years, we have worked hard for the welfare of all citizens, says PM Modi
Topics : Electoral Bond Narendra Modi sbi Election Commission Supreme Court Election Commissioners Lok Sabha elections BJP Congress
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First Published: Mar 15 2024 | 8:47 AM IST