REGIONS
Regional airports found wind beneath their wings in FY24
India's hinterland air travel surged last year, driven by civil aviation ministry data and government schemes. Airports like Diu, Pantnagar, Tezpur, and Prayagraj saw significant growth, boosted by the Udan scheme and low fares. IndiGo and other airlines expanded services, with CFO Gaurav Negi highlighting the importance of regional routes for broader networks.
India a key ally of US in rivalry with China: US ambassador to India
In an interview, US ambassador to India Eric Garcetti emphasised Washington's support for New Delhi's rise as a global power. He highlighted investments and partnerships to ensure a free and open Indo-Pacific region amidst competition with China. Garcetti stressed the importance of international alliances to address interconnected challenges, including security threats, economic coercion, climate crisis, and governance issues. The US is collaborating with India to bolster defence capabilities and innovation through initiatives like Indus-X.
BJP is a 'parasite', 'ate up' regional parties: Jairam Ramesh
Jairam Ramesh criticized PM Modi for promoting consensus outside but confrontation inside Parliament, calling BJP a 'parasite.' He lauded the INDIA bloc's resurgence, deemed the 2024 election a personal defeat for Modi, defended Rahul Gandhi’s Agnipath remarks, criticized Modi’s 'parjeevi' tag, noted BJD's Rajya Sabha support, accused BJP of twisting Gandhi’s words, criticized the non-biological PM, and mentioned Varanasi.
SCO fosters regional stability & multilateral coop: Kazakhstan
The SCO Summit in Astana, Kazakhstan, represents a significant event for over 3 billion people. Kazakhstan, as a founding member, prioritizes the SCO's development within its balanced foreign policy. Deputy Foreign Minister Roman Vassilenko emphasized the summit's role in mutual respect and consensus-building. Under Kazakhstan's presidency, over 150 events focused on energy, digitalization, and environmental protection. President Tokayev's "World Unity for Just Peace and Harmony" initiative highlights Kazakhstan's influence. Kazakhstan's strategic location, rich resources, and strong economic growth make it a key player in global diplomacy and trade.
Regional labour office gives a clean chit to Foxconn on alleged case of discrimination against married women
In its submission to the labour ministry on Wednesday, the regional labour commissioner, Chennai, said there is no evidence supporting claims of discrimination against married women in the recruitment and employment processes at the Foxconn's Chennai iPhone factory.
Pakistan equips JF-17 jets with Ra'ad nuclear missiles, US report confirms
Recently analyzed photographs from the 2023 Pakistan Day Parade rehearsals have unveiled Pakistan's JF-17 Thunder Block II aircraft equipped with a Ra'ad air-launched cruise missile (ALCM), as confirmed by the Federation of American Scientists (FAS).
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CoinDCX buys UAE crypto trading platform BitOasis
Crypto exchange CoinDCX has acquired BitOasis, a Dubai-based company, for an undisclosed amount, to enter the Middle East and North Africa region. With this, the company adds $270 million to its assets under management.
NABARD partners with Online PSB Loans Ltd to digitalize Jan Suraksha Schemes for regional rural banks
National Bank for Agriculture and Rural Development (NABARD) and Online PSB Loans Limited have signed an agreement to promote financial inclusion through regional rural banks. The collaboration seeks to smoothen the process of enrolment and claim settlement under the Jan Suraksha Schemes for all 43 Regional Rural Banks (RRBs) onboarded on one platform through the JanSuraksha Portal.
Aerospike appoints Venkatesh Guntur as country manager for Southeast Asia
California-based Aerospike has appointed Venkatesh Guntur as its new country manager for Southeast Asia. Guntur, with over 25 years in enterprise IT sales, will lead the firm's growth and expansion in the ASEAN region, focusing on enhancing its presence in AI-centric business applications.
Indian real estate witnesses $1.7 bn private equity inflow during H1 2024
Private equity investment in the Indian real estate sector reached USD 1.7 billion in the first half of 2024, marking a 42% increase year-on-year, as reported by Savills India. However, Q2 2024 saw investments of USD 1.1 billion, similar to the previous year's figures.
Putin arrives in Kazakhstan for Russia-China dominated SCO summit
Russian President Vladimir Putin arrived in Kazakhstan for regional security and defense talks, along with bilateral meetings with Chinese and Turkish leaders. The Shanghai Cooperation Organisation (SCO) summit, set for July 3-4 in Astana, will address deepening cooperation among member countries. While Russia and China will dominate the discussions, leaders from several countries, including India, Iran, and Turkey, will attend. UN Secretary-General Antonio Guterres is also expected. Putin plans bilateral talks with Chinese President Xi Jinping and Turkish President Tayyip Erdogan. India's Prime Minister Modi will be represented by Foreign Minister Subrahmanyam Jaishankar.
Qila caters to Middle East's region’s data localisation guidelines
The expansion is aimed to provide multiple advantages for enterprises operating in the UAE, which includes data security, compliance with local regulations, and streamlined integration of blockchain technology. Qila’s new cloud data analytics solution TreePye, is designed to optimise cloud usage from both efficiency and cost perspectives.
Parva by S L Bhyrappa
The 'Madra' people, a group of people between the Iravati and Chandrabhaga rivers, are ruled by Salya, an old and growing-old king. His grand-daughter, a 20-year-old, is amazed by his strength and power, but Salya explains that they are people from old times, living in cities of other kingdoms and in good health.
Staff associations of mainstream lenders and regional rural banks at loggerheads over merger proposal
The All India Regional Rural Bank Employees Association strongly opposes the merger proposal, citing concerns about the treatment of RRB employees and the lack of tangible benefits from such mergers. They assert that the proposed merger is objectionable and anti-employee, highlighting historical mistreatment by larger banks and the absence of real relief for RRB staff.
Three new criminal laws to be available in regional languages, including Tamil, says Amit Shah
Union Home Minister Amit Shah said on Monday that the three new criminal laws will be available in all regional languages, including Tamil, and if anyone has any issue regarding the names of the laws, there should have been a combined effort. The Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita (BNSS) and the Bharatiya Sakshya Adhiniyam (BSA) came into effect on Monday.
Three new criminal laws to be available in regional languages, including Tamil, says Amit Shah
Union Home Minister Amit Shah said on Monday that the three new criminal laws will be available in all regional languages, including Tamil, and if anyone has any issue regarding the names of the laws, there should have been a combined effort. The Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita (BNSS) and the Bharatiya Sakshya Adhiniyam (BSA) came into effect on Monday.
Maharashtra government to unveil new policy for hoardings in Mumbai Metropolitan Region
The Maharashtra government, led by state Minister Uday Samant, will introduce a new policy on hoardings in the Mumbai Metropolitan Region following a recent tragic incident where 17 individuals lost their lives due to a hoarding collapse in Ghatkopar. The policy will be revealed after the legislative council poll results, with a committee headed by former Allahabad High Court chief justice Dilip Bhosle investigating the incident.
IMD predicts extremely heavy rainfall during the next 2 days, issues red alerts for Northeastern states
In addition to the heavy rainfall in the northeastern region, the IMD has observed light to moderate rainfall across other parts of the country, including central and northwest India, with some areas experiencing heavy precipitation. "If we talk about the other parts of the country specifically the Centeral part of north west India everywhere we are expecting and we are experiencing also light to moderate rainfall and somewhere heavy rainfall also," Kumar said.
Zelenskyy appeals to West to relax targeting limits for Ukraine as glide bombs hammer front line
Recent drone footage released by Ukraine's military shows bodies in the civilian area of Toretsk amid heavy Russian bombardment. Ukrainian rescue services have scaled up evacuation efforts as Russian glide bombs devastate the town. President Zelenskyy reported over 800 glide bomb attacks in the past week and called for increased military aid to counter Russian aircraft. Russian bombs recently struck a postal warehouse in Kharkiv, killing one and injuring nine, while another attack in Vilniansk killed seven civilians and wounded dozens. Russian officials reported Ukrainian shelling injuries and downed drones in various regions.
Weather forecast: IMD issues alert for widespread rainfall and thunderstorms across multiple regions
Weather forecast: The IMD has issued a widespread rainfall and thunderstorm alert for multiple regions in India, with intense rain, isolated thunderstorms, lightning, and gusty winds expected in various states. Delhi recently saw its highest 24-hour June rainfall in 88 years. IMD forecasts heavy rain in North India and issues orange alerts for several states. Additionally, warnings for extremely heavy rainfall were issued for Arunachal Pradesh and Assam.
India presents its priorities under Colombo Process
Chairing the Colombo Process, I, Muktesh Pardeshi, focused on safe and orderly migration for overseas employment, emphasizing renewed commitment, collaboration, and financial sustainability while presenting an action plan for membership expansion and addressing migration issues.
Goa to have liquor sales near educational institutions and regional places
Although the relaxation does not give the excise agency complete authority to grant licenses in these previously restricted locations, the move has startled many. Apart from the applicant needing to pay twice the licence price, the excise commissioner must obtain government clearance before granting such an application.
Russia launches missile attack on Kyiv and surrounding region, Ukraine says
Russia launched three missiles on Ukraine, with two destroyed. No damage reported. Kyiv under air raid alerts. Witnesses heard blasts around Kyiv. Reporting by Pavel Polityuk and Sergiy Karazy.
Thousands of NATO troops join drills in strategically sensitive Baltic Sea region
NATO troops from 20 countries are participating in military exercises in the Baltic Sea region, which has become increasingly sensitive following Russia's invasion of Ukraine. The exercises include sea mine sweeps, submarine detection, and landings. The exercises are organized by NATO's Naval Striking and Support Forces and the U.S. 6th fleet.
Jammu region witnesses 29 terrorist attacks since 2021
The number of civilian deaths stood at 17 in the first six months of this year as compared to 12 in the whole of 2023, as per official data. Terrorists recently targeted a bus carrying pilgrims in the Reasi region of Jammu, leading to deaths of nine pilgrims and injuring 33.
For creators, regional apps are the gift that keeps on giving
Mid-tier creators are leaving Instagram and YouTube for regional apps like Moj, ShareChat, Rooter, Stan, and Eloelo to earn through virtual gifting. These platforms offer opportunities for creators to engage with audiences and monetize their content effectively.
Jammu region sees spike in terrorism since 2021
Over 100 active militants in Jammu region, with 71 foreign terrorists and 38 local recruits. Foreign terrorists outnumber local militants.
MSMEs are like mitochondria power engines which are boosting West Bengal’s economy, says Shashi Panja, Minister of Industries, West Bengal
West Bengal has close to 90 lakh MSME enterprises, many of them single-person enterprises, and they employ over 1 crore people.
MahaRERA keeps registration of 1,750 lapsed housing projects in abeyance
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has put the registration of 1,750 lapsed housing projects on hold across the state and plans to take similar action on 1,137 more projects. The Mumbai Metropolitan Region leads with 761 projects affected, followed by Pune with 628. Homebuyers are advised caution, with a list of affected projects available on MahaRERA's website.
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