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Govt passing bills even as no-confidence motion accepted in LS: Oppn MPs

Govt passing bills even as no-confidence motion accepted in LS: Oppn MPs

With the Centre pushing its legislative business during the Monsoon session of Parliament, Opposition parties on Friday alleged that the government is "subverting" the Parliamentary traditions by passing Bills even as the motion of no-confidence has been accepted in Lok Sabha.

Congress MP Manish Tewari cited former Union Parliamentary Affairs Minister Satyendra Narayan Sinha as saying that "whenever there is a no-confidence motion, no substantive motion should be brought just to forestall the whole thing".

Haier offices raided by income tax authorities at multiple locations

Haier offices raided by income tax authorities at multiple locations

Multiple offices of Haier, the home appliance company, were raided by income tax authorities on Friday according to a report filed by India Today.

The raids were carried out in offices located in major cities, including Delhi, Mumbai, Pune, and Noida, among other locations.

Zomato hits over 2-year high on extended buying; up 101% from 52-week low

Zomato hits over 2-year high on extended buying; up 101% from 52-week low

Shares of Zomato hit 15-month high of Rs 86.37, gaining nearly 2 per cent on the BSE in Friday's intra-day trade, in an otherwise weak market. The stock price of the food delivery platform company was quoting higher for sixth straight trading day, surging 11 per cent during the period. By comparison, the S&P BSE Sensex was down 0.52 per cent at 65,922 at 12:21 PM.

India second country after China to burn one billion tonnes of coal: IEA

India second country after China to burn one billion tonnes of coal: IEA

India has become the second country after China to burn more than one billion tonnes (BT) of coal in 2022, as demand grew at 8 per cent, according to the International Energy Agency (IEA), a Paris-based intergovernmental organisation.

The agency’s latest report showed that demand rose by 5.5 per cent in the first half of 2023 on continued strong economic growth and reliance on coal, according to a report in The Times of India (TOI).

AMD to invest $400 mn in India over 5 yrs to extend R&D capabilities

AMD to invest $400 mn in India over 5 yrs to extend R&D capabilities

U.S. chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru.

AMD's announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi's home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra.

70% of world's tigers are found in India: PM Modi lauds Project Tiger

70% of world's tigers are found in India: PM Modi lauds Project Tiger

Laying thrust on Project Tiger, which completed its 50 years recently, Prime Minister Narendra Modi on Friday said that it is the result of the pioneering conservation initiative that 70 per cent of the world's tigers are found in India.

In a video message to the G20 Environment and Climate Sustainability Ministerial Meeting in Chennai on Friday, the Prime Minister said that Project Lion and Project Dolphin are in the pipeline.

Gold price rises Rs 330 to Rs 60,490, Silver price unchanged at Rs 77,400

Gold price rises Rs 330 to Rs 60,490, Silver price unchanged at Rs 77,400

The price of 24-carat gold rose Rs 330 during Wednesday's early trade, with ten grams of the precious metal selling at Rs 60,490 according to the GoodReturns website. Silver price remained unchanged with 1 kg of the precious metal selling at Rs 77,400.

The price of 22-carat gold rose Rs 300 and the yellow metal was selling at Rs 55,450.

Adani's Mundra port handled 5,300 TEUs in July, crosses pre-Biparjoy levels

Adani's Mundra port handled 5,300 TEUs in July, crosses pre-Biparjoy levels

Adani Group-owned Mundra port in Gujarat handled over 5,300 twenty-foot equivalent units (TEUs) in July 2023.

With this the handling has crossed the pre-Cyclone Biparjoy levels of around 4,900 TEUs, Adani Group said in a statement on Thursday.

Zypp Electric allocates Rs 1.5 crore for buyback, first in EV industry

Zypp Electric allocates Rs 1.5 crore for buyback, first in EV industry

Electric vehicle (EV) service platform Zypp Electric became the first company in the segment to offer employee stock ownership plan (Esop) buyback. In a statement on Thursday, it said that 15 employees, who have been a part of the company for over a year, have been allocated Rs 1.5 crore under the plan.

"I have always been selling ESOPs within the team, however as expected it had few takers on the concept. This realisation of the monetary value of ESOPs among employees was to make them feel the power of this amazing wealth-creation tool.

Govt taking decisions in interest of farmers for 9 years: PM Modi in Sikar

Govt taking decisions in interest of farmers for 9 years: PM Modi in Sikar

The Centre has taken decisions in the interest of farmers for nine years and created arrangements from seed to market for them, Prime Minister Narendra Modi said on Thursday and dedicated 1.25 lakh PM Kisan Samriddhi Kendras to the nation.

Addressing a rally in this Rajasthan town, he described the Kendras as one-stop centres for farmers that would pave the way for their prosperity.

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