The Election Commission of India recently disclosed that central agencies seized nearly Rs 9,000 crore during the ongoing Lok Sabha elections. This amount surpassed the total seizures during the 2019 general elections by over 2.5 times. Which are the top freebies seized and from where? Watch the video to find out.

The Election Commission of India recently disclosed that central agencies seized nearly Rs 9,000 crore during the ongoing Lok Sabha elections. This amount surpassed the total seizures during the 2019

ECI seizes nearly Rs 9,000 crore during Lok Sabha Polls | Lok Sabha Elections 2024

ReNew Energy Global Plc (ReNew) on Monday said it has signed an agreement with Anzen to sell entire stake in its wholly owned subsidiary RSWPL at an enterprise value of USD 176 million.
Under the agreement, ReNew Private will sell 100 per cent shareholding and economic interest in ReNew Sun Waves Pvt Ltd (RSWPL), which houses a 300 MW operating solar asset to Anzen India Energy Yield Plus Trust (Anzen).
In a regulatory filing, ReNew said it "announces the signing of definitive agreement to sell RSWPL to Anzen. The transaction is expected to close post completion of contractual obligations and conditions precedent including receipt of lender approval".
The enterprise value determined under the agreement is USD 176 million, subject to net current assets and other such adjustments as provided in the definitive documents.
Additionally, USD 17 million is expected to be received as an earn-out on account of change in law proceeds pertaining to increase in basic customs duty (BCD), safegu

Under the agreement, ReNew Private will sell 100 per cent shareholding and economic interest in ReNew Sun Waves Pvt Ltd (RSWPL), which houses a 300 MW operating solar asset to Anzen

Parle Biscuits has reported a twofold jump in profit at Rs 1,606.95 crore for FY24 while revenue from operations was up 2 per cent to Rs 14,349.4 crore.
Total revenue was up 5.31 per cent at Rs 15,085.76 crore in FY24 helped by other income, according to financial data accessed through business intelligence platform Tofler.
Parle Biscuits, a subsidiary of Parle Products, had reported a standalone profit of Rs 743.66 crore in FY23 and revenue from sale of products was at Rs 14,068.80 crore.
Incorporated in September 1974, Parle Biscuits is a leading manufacturer of biscuits and confectionery. It owns popular brands such as Parle G.
Parle Biscuits' advertising promotional expenses in FY24 were up 3.23 per cent to Rs 442.81 crore. This was at Rs 428.93 crore a year ago.
Total tax expense of Parle Biscuits was Rs 499.4 crore in FY24. Total expenses were at Rs 12,979.41 crore, down 2.54 per cent year-on-year.
Sharing the scenario and outlook, Parle Biscuits said FY24 was fulfilling an

Parle Biscuits, a subsidiary of Parle Products, had reported a standalone profit of Rs 743.66 crore in FY23 and revenue from sale of products was at Rs 14,068.80 crore

Older phones cannot support the app's evolving features, which is why WhatsApp will discontinue support for certain systems at specific points in their lifecycle

A new Centre of Excellence on Classical and Quantum Communications for 6G has been inaugurated this year at the IITM Research Park in Chennai to spearhead research and development in 6G technologies

Shyam Benegal breathed his last today at 6:38 pm at Wockhardt Hospital, Mumbai Central, where he was undergoing treatment for chronic kidney disease

India's SpaDeX mission, intended to develop and demonstrate technology required to dock and undock spacecraft in space, will be launched using PSLV-C60 on December 30 from Satish Dhawan Space Centre, Sriharikota, ISRO said.
On December 21, the launch vehicle was integrated and moved to the First Launch Pad, for further integration of satellites and launch preparations.
ISRO has also put up the fast time-lapse video of the moving of PSLV-C60, which was fully integrated up to PS4 at the PIF facility for the first time, to the First Launch Pad, in its X account.
On December 30, people can witness the launch live at the Launch View Gallery after registering for it. The registration started on Monday at 6 pm, ISRO said in its website.
SpaDeX mission is a cost-effective technology demonstrator mission for the demonstration of 'in-space docking' using two small spacecraft launched by PSLV, ISRO said in an explainer on the subject.
This technology is essential for India's space ambitions 

This technology is essential for India's space ambitions such as Indian on Moon, sample return from the Moon, the building and operation of Bharatiya Antariksh Station (BAS), ISRO stated

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

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, but a decision on big-ticket rate rationalisation, including a higher tax on sin goods, may be deferred.
The GoM on GST rate rationalisation had proposed rate rejigs in 148 items in its recommendations, but sources said that consensus is needed to be built on some of the tax changes that the panel has suggested and some more time may be needed for that.
The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is also likely to deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent (without input tax credit), from the current 18 per cent (with ITC).
However, the Fitment Committee (comprising tax

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

ECI seizes nearly Rs 9,000 crore during Lok Sabha Polls | Lok Sabha Elections 2024

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