Delhi Air Pollution: 22 Delhi-bound trains delayed, 8 rescheduled; India-UK to restart trade talks next year: UK PM Keir Starmer; Maha Polls & more
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India-UK to restart trade talks next year, says UK PM Keir Starmer
“A new trade deal with India will support jobs and prosperity in the UK, and represent a step forward in our mission to deliver growth and opportunity across our country,” Starmer said on Monday following a bilateral meeting with Indian Prime Minister Narendra Modi at the Group of 20 summit in Brazil.Prime Minister Narendra Modi had an "extremely productive meeting" with Starmer on the sidelines of the G20 Summit. "For India, the Comprehensive Strategic Partnership with the UK is of immense priority. In the coming years, we are eager to work closely in areas such as technology, green energy, security, innovation and technology. We also want to add strength to trade as well as cultural linkages," PM Modi said on X.
Delhi Air Pollution Live Updates: 22 Delhi-bound trains delayed, 8 rescheduled due to fog
The air quality in Delhi and its surrounding areas, including Noida, Ghaziabad, and Gurugram, hit "alarmingly high" levels on Tuesday, with most Air Quality Index (AQI) monitoring stations registering the maximum 500-mark in the severe-plus category. A dense layer of smog continued to shroud the National Capital Region (NCR) for the seventh consecutive day, raising concerns about public health and safety.The hazardous air quality severely disrupted train services, with 22 trains delayed and eight rescheduled, leaving passengers stranded and frustrated. Prolonged exposure to the toxic smog has led to growing alarm among authorities and residents alike.
Maharashtra Election 2024 Live: Amit Shah says BJP and its allies will win assembly polls
Union Home Minister Amit Shah, who is on a two-day Gujarat visit, on Monday (November 18) evening expressed confidence about the BJP and its allies winning the assembly polls in Maharashtra and Jharkhand. Addressing a gathering of the ruling BJP organised on the outskirts of Ahmedabad city, Shah noted India was on its way to becoming the third largest world economy, from the fifth now, by 2027 under the able leadership of Prime Minister Narendra Modi. Gujarat Chief Minister Bhupendra Patel was among key leaders who attended the informal gathering organized by the Ghatlodia assembly unit of the party, said a BJP release.
#TechTalks??
Meesho acts against 2.2 crore suspicious transactions, lodges 12 cases in a year
SoftBank-backed e-commerce platform Meesho has acted against 2.2 crore suspicious transactions on its platform and filed 12 cases in the last 12 months, according to the company's annual report released on Monday.
Meesho's 'Trust Assurance Report' said that it's team has developed pioneering analytical models, sophisticated data science frameworks, and advanced computational logic, which has helped prevent 13 lakh bot orders and blocked 77 lakh scam attempts from accessing the company's platform."In the last 12 months, Meesho has prevented over 2.2 crore fraudulent transactions. Additionally, Meesho undertook extensive steps to remove bad actors from the platform," the report said.
Amazon Black Friday sale: Huge discounts on smartphones, laptops and more
Black Friday Sale: Amazon has unveiled the much-awaited deals for Black Friday Week 2024, promising huge discounts on smartphones, laptops, earbuds and other items.
The Amazon Black Friday event is all set to begin on Thursday, November 21, and conclude on Monday, December 2, with new deals being dropped each day, reports said.The e-commerce giant has already made available several early deals that are live on Amazon.com .
What to expect?
During the Black Friday Week 2024, Amazon is offering discounts on a wide range of products. Smartphones: Customers can expect a major price drop on handsets from leading brands such as Apple, Samsung and OnePlus. These discounts shall be offered on different variants, ranging from flagship models to budget-friendly options.
Laptops: For those planning to buy a new laptop or a PC, this is the best time to grab one. People can expect significant savings on different laptop options from Apple, HP, Dell and Lenovo. So, whatever your requirement — a lightweight laptop for travel, a gaming machine or for business purposes — multiple options will remain on sale.
#PersonalFinance??
Timeline for next insurance reforms: Composite insurance license, risk-based solvency and IFRS accounting
Since the appointment of Debasish Panda as the IRDAI Chairman in March 2022, many structural reforms have been introduced for India's insurance sector. Some of the biggest reforms under Debasish Panda as IRDAI Chairman include the shift to principal-based regulations from rule-based, move towards 'use and file' regime from 'file and use', the Expenses of Management (EoM) Regulations and the latest one on providing higher surrender value to policyholders.
There are equally large insurance reforms waiting to unfold. These include Composite Insurance License, Risk-based Solvency and Supervision and IFRS accounting method.
Composite Insurance License will allow life insurers to manufacture health and other general insurance products like motor insurance and vice versa. Though the implementation of composite insurance license would only depend on parliamentary approval, when Panda was asked about his expectation, he said the earlier the approval comes in for Insurance Amendment Act which facilitates Composite Insurance License, the better it would be.
ICICI Prudential MF to launch minimum variance equity fund on Nov 18
ICICI Prudential MF has introduced an open ended equity scheme called 'ICICI Prudential Equity Minimum Variance Fund'. The fund will?invest in a diversified set of equity instruments with an aim to minimise the portfolio volatility.The NFO?(New Fund Offer ) opens for subscription on November 18 and closes on December 2, 2024.Features of the schemeBenchmark: Nifty 50 TRI (Total Return Index). The composition of the benchmark is such that, it is most suited for comparing performance of the scheme.Minimum Investment Amount: ?5,000/- and in multiples of ?1/-. The minimum additional purchase amount is ?1,000/- plus in multiple of ?1/-.
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#ExpertEdge??
Why India is a poster boy for NRI investments: A realty sector perspective
India’s real estate market has increasingly attracted Non-Resident Indians (NRIs), establishing itself as a reliable and rewarding investment destination. Amid global economic uncertainties, India has proven to be a beacon of stability and growth for real estate investments. Several factors make India the go-to choice for NRIs, from rising property prices to strong rental markets and a resilient economy.
In contrast to the stability of the Indian housing market, global real estate sectors have faced significant challenges. In the USA, high interest rates and a shortage of housing supply have slowed the market. Meanwhile, China’s real estate sector is dealing with a severe crisis, with major developers defaulting on loans and creating uncertainty for investors. This global downturn has pushed NRIs to consider India’s relatively stable and growing market, where property investments are secure and poised for growth.
How to solve India’s energy storage challenge in the green transition: An FSG perspective
India’s energy revolution is gathering momentum, driven by bold targets of reaching 500 GW non-fossil-based energy capacity by 2030 and meeting half of all its energy requirements through renewable energy. Already, solar arrays dot the landscape in many areas, wind turbines stand tall in coastal regions, and the share of renewables in the nation’s energy mix grows.
But the clean energy transition has revealed a critical shortfall — a lack of adequate energy storage capacity to manage the inherent intermittency of solar and wind energy. As India scales up renewable energy generation, it needs innovative, large-scale energy storage solutions that can help maintain grid stability and ensure a consistent supply of clean energy.??
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OOBT PERSON
6 天前Delhi is on the verge of imposing Lockdown if no improvement happens in the next two days.