BUILDING CODES
Won't comment on new criminal laws, says CJI DY Chandrachud
Amid a heated debate over three new criminal laws, CJI D Y Chandrachud refused to comment, citing the pending Supreme Court review. The laws replaced existing statutes and face a PIL challenging their validity. Chandrachud emphasised the court's commitment to the Constitution and litigants at a foundation ceremony for new court buildings, highlighting the importance of justice and the rule of law. The new complexes aim to enhance court efficiency and reduce case backlogs.
MHA framed three criminal laws discreetly; in force from today
Across the nation, special events on July 1 will mark the implementation of new criminal laws, promoting public awareness and understanding. These initiatives aim to educate and inform various segments of society about the significant impact of the legislations, particularly on women and children, fostering a more informed and empowered community.
Redevelopment projects: 8 common mistakes housing societies make when embarking on redevelopment, how to avoid it
The lure of new, modern flats can land ageing housing societies in big trouble. Find out how to avoid it.
Transforming multi unit retail operations with No Code
The retail industry in India is subject to the vagaries of the economy and operates in a competitive market. It needs a relentless focus on operational efficiency to gain any edge.
Hamara gaon, hamara digital push
While smartphone adoption among low- and moderate-income (LMI) communities is growing, usage is limited to social media and messaging apps. This indicates that critical challenges continue to hinder the use of digital payments for close to 1 bn LMI people, especially women and people from marginalised communities.
Hyperscalers host EkStep digital public goods, build AI bot
Tech giants Amazon Web Services (AWS) and Google Cloud are providing cloud storage and services to make the digital public goods (DPGs) created by non-profit EkStep Foundation available online. They are also collaborating to develop an AI-based virtual assistant for the foundation.
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MHA provides training, tech help for rollout of criminal laws
The Ministry of Home Affairs in India has trained 40 lakh grassroots-level functionaries and over 5.65 lakh police, prison, forensic, judicial, and prosecution officials to prepare for the rollout of three new criminal laws, the Bharatiya Nyaya Sanhita 2023, Bharatiya Nagarik Suraksha Sanhita 2023, and Bharatiya Sakshya Adhiniyam 2023.
40 lakh grassroots workers, 5.65 lakh police, prison officials trained to spread awareness on new criminal laws
As the new criminal laws laid emphasis on technology in investigation, trial and court proceedings, the National Crime Records Bureau (NCRB) has made 23 functional modifications in the existing Crime and Criminal Tracking Networks and Systems (CCTNS) application under which all cases are registered now in every police station in the country.
Amazon admits to safety lapses, assures Govt of corrective action
Amazon India has acknowledged lapses in workplace safety at its warehouse in the National Capital Region. In its communication to the central labour commissioner, the company admitted to breaching workplace safety standards on May 16, 2024, at its Manesar warehouse and committed to taking immediate corrective measures. Responding comprehensively to the central labour ministry's inquiry, as reported by ET, Amazon India clarified that one of the employees at the facility led a small group of employees and associates in a pledge following scheduled breaks, perceiving it as a motivational activity for the team.
Centre urges states to align labour rules with model guidelines, WB asked to draft rules for all labour codes
The Centre has urged West Bengal to expedite the drafting of rules under the four Labour Codes, emphasizing the benefits for all societal sections, including women and migrant workers. The Centre reassured Delhi and Tamil Nadu that existing state schemes will remain unaffected post-implementation. Labour secretary Sumita Dawra led discussions on state readiness and rule alignment.
Labour Codes: Secy to meet officials to take stock of state rules
The BJP-led NDA government is preparing to implement the four labour codes and will hold a meeting on June 20 with state labour secretaries and commissioners to review state rules. The aim is to align state rules with the Centre's model rules to ensure uniformity. Labour reforms are part of the government's 100-day agenda to enhance ease of doing business and attract investments. The government consolidated 29 central labour laws into four codes, with most states having framed rules across these codes.
Modi-led NDA govt must tackle unemployment problem, especially in unorganised sector: Rajiv Kumar
Former NITI Aayog Vice Chairman Rajiv Kumar emphasized that the Modi government's third term must address unemployment, particularly in the unorganized sector and SMEs. He highlighted the need to finalize the delayed four labor codes and recognized the K-shaped economic recovery post-COVID. Large corporations and highly skilled individuals have prospered, while lower-end workers and SMEs struggle.
IPL official jerseys, merchandise a hit with fans this year
During the recent IPL season, jersey sales across 10 teams surged to around 140,000 units, indicating a rising trend in fan merchandise adoption. playR, the official merchandise partner for several teams, reported selling 100,000 units, with a significant portion being jerseys. Online sales accounted for 50%, reflecting growing team loyalty among fans.
Fino Payments Bank eyes tripling digital banking revenue share by FY25
Fino Payments Bank sees an opportunity in the digital banking space after Paytm Payments Bank's exit. To capitalise on this, they're ramping up their digital offerings, aiming to grow their digital revenue share from 5-6% in FY24 to 15% this fiscal year. Since December, Fino has deployed around 14,000 QR codes which reported 300,000 transactions valued at Rs 33 crore.
Build your superstructure
As generative AI continues to evolve, the debate over its development and release models becomes important. Across the foundation models driving the explosion of GenAI are two broad philosophies for the development and release of this tech: open- and closed-source models.
IBC rescued 3,171 distressed companies in eight years: Sitharaman
Finance minister Nirmala Sitharaman on Thursday said the Insolvency and Bankruptcy Code (IBC) has rescued 3,171 distressed companies and assisted in the shutdown of unviable firms since its introduction eight years ago. This is a marked improvement from the resolution of stress in less than 3,500 firms under the erstwhile Board of Industrial and Financial Reconstruction (BIFR) regime in 30 years, she said, pitching the IBC as a landmark piece of legislation.
How AI made Mark Zuckerberg popular again in Silicon Valley
Meta's CEO, Mark Zuckerberg, introduced an open-source AI system, challenging closed models like OpenAI. Jeffrey Emanuel, a hacker and AI enthusiast, initially skeptical, was impressed by Meta's move to make the code freely accessible.
View: Your first 100 days to-do list, Gov
The upcoming government will have its work cut out for it as it steps into power following the conclusion of the 18th Lok Sabha polls. While the current administration has made strides in improving the business environment in India, there are key reforms that the new government must prioritize to fully capitalize on the country's growth potential.
'God's influencer' UK teen Carlo Acutis set to become Catholic Church's first millennial saint
Carlo Acutis, a UK-born teenager who died of leukemia in 2006, is set to become the Catholic Church's first millennial saint. Known as "God's influencer," Acutis used his tech skills to spread the church's teachings online. His path to sainthood was marked by two miracles, including a Brazilian boy's recovery from a rare disease and a university student's miraculous recovery after a brain injury. Pope Francis approved these miracles, paving the way for Acutis' canonisation.
Cards vs UPI; Byju’s advisory council dissolved
Happy Monday! UPI's ease of use is driving a shift to cashless payments, leaving debit cards behind. This and more in today’s ETtech Morning Dispatch.
New PoS deployment grows at slowest pace since demonetisation: RBI data
Industry insiders told us that while new PoS terminals are still being deployed, it’s mostly in organised and large format retail, which offer all payment forms. However, grocery shops, smaller stores and eateries are tilting towards QR code-based UPI transactions.
Out of school, into startups: Young founders are on the rise, ready to even pause studies to chase their entrepreneurial dreams
In 2023, Ayush Pathak and Aryan Sharma founded Induced, assisting businesses in automating workflows with AI. Apoorv Singh launched Connect AI with Asta. Himanshu Rajpurohit's startup, Strangify, provides corporate mental health solutions. Dyumna Madan's ProjectClay helps students find career paths.
Temples would be built in Mathura, Varanasi after NDA returns to power with 400-plus seats: Himanta Biswa Sarma
Assam Chief Minister Himanta Biswa Sarma on Saturday said grand temples would be built in Varanasi and Mathura and the Uniform Civil Code would be implemented if the NDA returns to power by winning over 400 Lok Sabha seats. He said the NDA, under the leadership of Prime Minister Narendra Modi, will ensure that Pakistan occupied Kashmir, which is an integral part of India, returns to the country.
Sale of ancestral property: Can daughters and her descendants make rightful claims?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Maharashtra government asked to handover land for Bombay High Court building by September
The Supreme Court ordered Maharashtra to hand over 9.64 acres by September 2024 for the new Bombay High Court building, stressing timely delivery of smaller portions as per an integrated development plan.
Shiprocket to upskill 100,000 Indian MSMEs through e-commerce learning
The Shiprocket Growth Academy aims to foster a thriving community where sellers can connect, share valuable insights and learn collaboratively.
BJP needs 400 LS seats to build 'Krishna Janmabhoomi temple' and 'Gyanvapi temple': Assam CM Himanta Biswa
Assam CM Himanta Biswa Sarma vows to build Krishna Janmabhoomi temple in Mathura and Gyanvapi temple in Kashi if BJP secures 400 seats. He criticises Congress for suppressing Hindu sentiments and advocates for a Uniform Civil Code. Sarma highlights the need to control infiltration to prevent original inhabitants from becoming minorities and warns of infiltrators from Bangladesh gaining citizenship.
UPI growth 2.0: Efforts on to crack DBT code
UPI user base has been hovering around 300 million for some time; RBI, banks are trying to push up this number.
Tipplers toast local labels as big brands lose way in policy maze
State liquor policy changes result in scarcity of popular brands like Royal Stag, Budweiser, and Old Monk. Liquor stores push new brands due to supply chain disruptions. Mainstream brands limit supplies leading to a shift towards local brands, impacting the industry supply chains.
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