Day: May 30, 2023

Chidambaram, Sitharaman in a war of words over ₹2,000 note

Manish Kumar

Congress leader P Chidambaram said that the introduction of ₹2,000 note and its subsequent withdrawal has cast “doubt on the stability” of the Indian currency.  BJP leader says the withdrawal of denomination is RBI’s decision.  Sitharaman tried to highlight the ‘achievements and successes’ of their government, whereas Chidambaram strove to put forth the ‘failures’ of the Centre.  The Indian economy is growing modestly at a much-reduced pace facing serious issues of unemployment, inflation, widening inequalities and stumbling welfare programmes,” said Chidambaram.  We are continuously monitoring inflation and the prices of…

Amid protests Wrestlers to throw medals in Ganga River, fast until death at India Gate

Manish Kumar

Wrestlers protesting against the Wrestling Federation of India (WFI) chief Brij Bhushan Singh said that they will throw their medals in the Ganga River in Haridwar.  After that, they will stage a hunger strike until death at India Gate read the statement in Hindi.  A scuffle had escalated between wrestlers and cops on Sunday when the former tried to march towards the new Parliament building to hold ‘Mahila Mahapanchayat’.  According to officials, the protesting wrestlers were accused of disregarding the police’s warning that causing disturbance during the inauguration. Wrestlers protesting…

CBI files corruption case against British company Rolls Royce in jet Trainer deal; senior executive booked

Manish Kumar

The CBI has filed a corruption case against British aerospace and defence company Rolls Royce.  The CBI has booked the top executive for alleged “kickbacks” in the procurement of Hawk 115 Advanced Jet Trainer aircraft for the Indian Air Force and Navy.  It is alleged that during 2003-12, these accused entered into a conspiracy with unidentified public servants who “abused their official positions” in lieu of “huge bribes, commissions, and kickbacks” paid by Rolls Royce to approve the aircraft purchase.  In 2012, media reports alleging corruption in the Rolls Royce…

Drones have hit several buildings in Moscow: Russia says Ukraine responsible

Manish Kumar

Drones have hit several buildings in the Russian capital Moscow, causing “minor” damage and leading residents to be evacuated.  Russia’s defence ministry has claimed Kyiv was behind a “terrorist” drone attack on its capital this morning.  Russia’s RIA state news agency reported that some residents of a building on Moscow’s Profsoyuznaya Street in the city’s south were being evacuated.  More than 10 drones were shot down in the region, Russia’s RBC news agency reports, citing sources.  Moscow mayor said in a Telegram post those drones “insignificant damage” to several buildings…

Get rid of RSS sympathizers from the bureaucracy: Congress High Command to Karnataka Govt

Manish Kumar

The Congress government in Karnataka is all set to identify and snub bureaucrats affiliated with the RSS, according to sources.  CM and deputy CM have got the list of officers in various departments, who have close ties with the RSS and enjoyed the backing of the previous BJP government.  The state government has received a clear-cut instruction from the Congress High Command to get rid of RSS sympathizers from the bureaucracy, the sources added.  The top officers in the departments like education, finance, urban development, BBMP, BDA, and lucrative posts…

Punia said ‘smiling wrestlers’ pics are ‘fake’: AAP posts screenshot of app used to edit the image

Manish Kumar

Bajrang Punia warned against posting a morphed photograph of Vinesh Phogat and Sangeeta Phogat that shows them smiling while detained by the police.  Saurabh Bharadwaj of the AAP shared a screen-recorded video in which he demonstrated the process of editing a photo using a popular mobile application.  Hitting out at ‘IT cell’ for spreading the morphed picture, Punia threatened to file a complaint against those found posting the photograph on social media.  Saurabh Bharadwaj alleged that the Bharatiya Janata Party’s IT cell purportedly used the app to potentially make the…

ONGC declares results for FY’23; posts net profit of Rs 38,829 crore for FY’23, highest ever total dividend of 225% for FY’23

Manish Kumar

·         Gross Revenue Rs. 36,293 crore in Q4FY’23, up by 5.2 %; Rs. 1,55,517 crore in FY’23, up by 40.9% ·         Total dividend for FY’23 Rs. 11.25 per share (225%) considering interim dividend of Rs. 10.75 per share (215%) and Final dividend of Rs. 0.50 per share (10%) ·         Eight discoveries made and three monetized in FY’23 ONGC Board of Directors in its 364th Meeting held on 26th May, 2023, approved the annual results for FY’23.   1.    Financial Performance (Standalone)  Particulars Q4FY’23 Q4FY’22 % Var FY’23 FY’22 % Var Gross Revenue (Rs. Crore) 36,293 34,497 5.2…

Flipkart Foundation Partners with Deepalaya to Launch ‘Nari Shakti’, a programme empowering marginalized girls and women through skill development

Manish Kumar

As part of the initiative, 600 girls and women will receive training in Fashion Designing, Beauty Culture & Wellness, creating new career opportunities for them The project will be implemented in two centers – Tavru district in Haryana, and Titron in Uttar Pradesh The Flipkart Foundation, under the Flipkart Group, has partnered with Deepalaya, a leading NGO supporting underprivileged women, youth, and children, to launch Nari Shakti, an innovative programme that aims to empower girls and women from marginalized communities. The primary objective of this initiative is to train over…

Wardwizard Innovations Establishes EV Centre of Excellence for Skill Development of Defence Personnel

Manish Kumar

Wardwizard Innovations & Mobility Ltd., a leading Indian manufacturer of electric two-wheelers under the brand ‘Joy e-bike,’ has embarked on a transformative journey to empower ‘Agniveers’ and other retired army officers. In a significant move, the company has signed a memorandum of understanding (MoU) with the Dogra Regiment and established the Wardwizard’s EV Centre of Excellence at Dogra Regimental Centre, Ayodhya Cantt in Faizabad, Uttar Pradesh.   This strategic collaboration aims to provide specialized skill development and upskilling opportunities in the flourishing Electric Vehicle (EV) industry for ‘Agniveers’ and other…