Monday, August 8

India

PM modi will lay the foundation stones for the reconstruction of five railway stations in Tamil nadu
India

PM modi will lay the foundation stones for the reconstruction of five railway stations in Tamil nadu

On Thursday, Prime Minister Narendra Modi will lay the foundation stones for the reconstruction of five Tamil Nadu railway stations: Chennai Egmore, Rameswaram, Madurai, Katpadi, and Kanyakumari. The railway station redevelopment project will cost around Rs 1,800 crore to complete. The project was undertaken to improve the passengers' convenience and comfort by providing modern amenities. PM Modi will also dedicate 1,152 residences built under the Pradhan Mantri Awas Yojana-Urban as part of the 'Light House Project — Chennai,' which cost Rs 116 crore to build. In Chennai, the PM Modi will dedicate 11 projects worth over Rs 31,500 crore to the nation and lay the foundation stone for them. The 75-kilometer Madurai-Teni (Railway Gauge Conversion Project), which cost over Rs 50...
From April 2022, Zomato will be 100 percent plastic-free.
India

From April 2022, Zomato will be 100 percent plastic-free.

Zomato, an online meal delivery service, stated on Friday that it will serve 100 percent plastic-free orders starting in April 2022, to deliver more than 10 crore items in sustainable packaging over the next three years. Zomato Founder and CEO Deepinder Goyal stated in a blog post that the company recognizes the importance of beginning to promote biodegradable and other non-plastic alternatives for them to become as accessible and available as plastic is today. "From now on, every meal you buy through Zomato will be 100% plastic neutral," he stated. "This means we will voluntarily recycle more than 100% of all plastic used in the packaging of your order." "We have begun working with cutting-edge ISO-certified plastic waste management organizations, who will partner with munici...
Prime Minister Modi pays tribute to Jallianwala Bagh massacre victims
India

Prime Minister Modi pays tribute to Jallianwala Bagh massacre victims

Prime Minister Narendra Modi on Wednesday paid tributes to the victims of the Jallianwala Bagh massacre and said that their unparalleled courage and sacrifice will keep motivating the coming generations. Sharing the speech at the inauguration of the renovated complex of Jallianwala Bagh Smarak last year, PM Modi tweeted, "Tributes to those martyred in Jallianwala Bagh on this day in 1919. Their unparalleled courage and sacrifice will keep motivating the coming generations." PM Modi unveiled the renovated Jallianwala Bagh memorial through video conferencing on August 28, last year, and stated that those 10 minutes of April 13, 1919, became the immortal story of our freedom struggle, due to which we can celebrate the Amrit Mahotsav of freedom today. Jallianwala Bagh is the place th...
Coal India surges 32% in 4 days on improved outlook; stock nears 52-wk high
India

Coal India surges 32% in 4 days on improved outlook; stock nears 52-wk high

Shares of Coal India (CIL) surged 7 percent to Rs 198 on the BSE in Thursday’s intra-day trade. The stock has rallied 32 percent in the last four trading sessions on an improved outlook amid rising commodity prices. The stock of state-owned companies now traded close to its 52-week high of Rs 203.85 registered on October 6, 2021. At 10:30 am; the stock pared some of the gains and traded 2.7 percent higher at Rs 190 on the back of heavy volumes. In comparison, the S&P BSE Sensex was up 0.1 percent at 55,515. The trading volumes at the counter jumped considerably with a combined 33 million equity shares changing hands on the NSE and BSE so far in trades. European coal surged to historic highs as sanctions against Russia for its assault on Ukraine tightened the global market sup...
PM Gati Shakti to play big role in development of modern infra: PM Modi
India

PM Gati Shakti to play big role in development of modern infra: PM Modi

Prime Minister Narendra Modi on Monday said the PM Gati Shakti initiative will help in further developing modern infrastructure in the country through better coordination and monitoring. He also asked the private sector to partner with the government and increase investments. The PM Gati Shakti - National Master Plan was announced last year to break departmental silos and bring in more holistic and integrated planning and execution of projects to address the issues of multi-modal and last-mile connectivities. This will help in bringing down the logistics cost, Modi said while addressing the Department for Promotion of Industry and Internal Trade (DPIIT) stakeholders' meet on PM Gati Shakti. This will help in bringing down the logistics cost, Modi said while addressing the Departme...
Budget provides for vibrant ecosystem in defence manufacturing: PM Modi
India

Budget provides for vibrant ecosystem in defence manufacturing: PM Modi

Highlighting challenges faced in procuring defence equipment from abroad, Prime Minister Narendra Modi on Friday stressed on promotion of the 'AatmaNirbhar Bharat' and 'Make in India' campaign in defence manufacturing. The Prime Minister also highlighted that about 70 per cent of the defence budget has been kept for the domestic industry only. Addressing a webinar on 'Aatmanirbharta in Defence - Call to Action', the Prime Minister said, "When we procure weapons from outside, its process is so long that by the time they reach our security forces, many of them become outdated. Its solution is in 'AatmaNirbhar Bharat campaign' and 'Make in India'." The Prime Minister mentioned that this year's Union budget has a blueprint for developing a vibrant ecosystem from research and developme...
Cyclone Gulab makes landfall in Andhra Pradesh; Odisha experiences light rain
India

Cyclone Gulab makes landfall in Andhra Pradesh; Odisha experiences light rain

By Administrator_India Capital Sands Odisha experienced light to moderate rainfall as cyclone Gulab made landfall at a place in Andhra Pradesh, about 95 kilometres from Gopalpur in the state where a large number of people have been evacuated as a precautionary measure, officials said. The wind speed of the cyclone is much less in Odisha compared to that in the neighbouring state during landfall. Special Relief Commissioner P K Jena said after 12 noon of Sunday, the cyclonic storm suddenly picked up speed and moved over the Bay of Bengal towards the landmass at 25 kilometres per hour (kmph) from the earlier 17 kmph and made the landfall three hours ahead of the expected time. “Though three hours have passed since the landfall process started at 6 pm, there is so far not much ...
Ganesh Chaturthi 2021: Public celebration banned in these states
India

Ganesh Chaturthi 2021: Public celebration banned in these states

By Administrator_India Capital Sands Amid the fears of a possible COVID-19 third wave, some states have banned public celebration of Ganesh Chaturthi to prevent large gatherings. Maharashtra The Maharashtra government has now prohibited any physical 'darshan' of Ganesh idols or entry into Ganpati Mandals (associations) during the festival, which is usually celebrated on a large scale in the state. Mumbai mayor Kishori Pednekar said the third wave of COVID-19 is already here, and requested people to celebrate the festival at home. Only "online" darshan will be allowed in Mumbai. On August 22, the state government had issued guidelines regarding the celebrations, saying that processions should not be taken out before installing and immersing Ganesh idols. Delhi The...
Expo 2020 Dubai: India to feature its march to become $5 tn economy, fightback against COVID-19
India

Expo 2020 Dubai: India to feature its march to become $5 tn economy, fightback against COVID-19

By Administrator_India Capital Sands The Indian pavilion at the Expo 2020 Dubai will feature the country’s fightback against COVID-19 and its emergence as a global business hub presenting huge opportunities for the world, according to the Ministry of Commerce and Industry. The Dubai Expo, which runs from October 1, 2021, to March 31, 2022, will welcome millions of visitors from across the globe throughout a six-month celebration of creativity, innovation, humanity, and world cultures. In a statement released on September 2, the ministry said that the country will showcase a resurgent India’s march to becoming a $5 Trillion economy in the post-COVID world. “The India Pavilion in Expo 2020 Dubai starting October 1 is set to showcase a resurgent India’s march to becoming a $5 T...
Canada to extend ban on arriving passenger flights from India
India

Canada to extend ban on arriving passenger flights from India

By Administrator_India Capital Sands Canada will extend its ban on arriving passenger flights from India to September 21 because of the risks posed by COVID-19, the federal transport ministry said in a statement. The ban was first imposed on April 22 and has already been rolled over several times. The measure does not apply to cargo flights or medical transfers.