The disagreement centres around whether satellite broadband spectrum should be auctioned or administratively allocated in India

Elon musk, musk, Elon, Mukesh Ambani, Ambani

Stock Market Today: Bears took the reins on the D-Street as 21 out of 30 constituent stocks of BSE Sensex ended in red, dragged by Bajaj Finance, Reliance Industries, and Tata Steel

stock market, BSE

Trudeau highlighted ongoing tensions between the two nations and stressed the importance of an upcoming meeting between their national security advisors

Justin Trudeau, Canada PM

Rajasthan Chief Minister Bhajan Lal Sharma on Saturday asked officials to expedite the implementation of projects announced in his government's budget.
According to an official statement, he said his government is going to complete one year in office on December 15.
All land allotments and tender process announced in the budget should be completed and preparations for the foundation stone laying made by that period, he said.
Sharma presided over a division level meeting held in Bharatpur Collectorate Auditorium.
Sharma said public servants should perform their duties with full devotion and dedication, keeping the spirit of public service paramount.
He directed officials to complete the initiatives announced in the budget on priority.
Sharma also reviewed the district-wise progress of development works of various departments and the law and order situation in the state.

Bhajan Lal Sharma, Chief Minister, Rajasthan

Chief Minister-designate Omar Abdullah Saturday said the delay in the swearing-in of the new government in Jammu and Kashmir was due to the need to follow the procedures for revoking the President's Rule in the Union Territory.
"There is a procedure. There has been the President's Rule here for the last six years. A Cabinet note is needed to end the President's Rule which has to be sent to the Rashtrapati Bhavan, which then goes to the home ministry.
"Then there were holidays --? today it was Dussehra and tomorrow it is Sunday. God willing, if all these procedures are completed on Monday, then we will make our preparations on Tuesday and then God willing, we will take oath on Wednesday," Abdullah said.
He was talking to reporters after watching a match of the Legends League Cricket here.
When asked why there was a delay in government formation in the age of technology, Abdullah said government formation has nothing to do with technology.
"We tried to form the government once throu

Omar Abdullah, Farooq Abdullah, Omar, Farooq

External Affairs Minister S Jaishankar and prime ministers of China and Russia among others will attend the two-days SCO Council of Heads of Government meeting here next week to discuss the ongoing cooperation in economy, trade and environment, Pakistan said on Saturday.
Pakistan is hosting the Shanghai Cooperation Organisation (SCO) Council of Heads of Government (CHG) meeting on October 15 and 16 and in his capacity as the current Chair of the CHG, Prime Minister Shehbaz Sharif will preside over the summit, the Foreign Office (FO) said in a statement.
SCO member States will be represented by the Prime Ministers of China, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan as well as the First Vice President of Iran and External Affairs Minister of India, it said.
The CHG meeting will discuss ongoing cooperation in the fields of economy, trade, environment, socio-cultural linkages and review the performance of the Organisation. The leaders will adopt important ...

S Jaishankar, Jaishankar

New communication continues the trend of baseless assertions, which seem to be part of a deliberate strategy to smear India for political gains, says the Ministry of External Affairs

Trudeau, Justin Trudeau, Canada PM

Textile manufacturer Alok Industries on Monday said its consolidated net loss widened to Rs 262.10 crore for the second quarter ended September 2024.
The company had posted a net loss of Rs 174.83 crore in the July-September period a year ago, according to a regulatory filing from Alok Industries, jointly owned by Reliance Industries and JM Financial Asset Reconstruction.
Its revenue from operation fell 35.46 per cent to Rs 885.66 crore during the period under review. It was Rs 1,372.34 crore in the corresponding period a year ago.
The total expenses in the September quarter declined 25.45 per cent to Rs 1,160.63
Alok Industries' total income, including other income, was down 34.97 per cent to Rs 898.78 crore in the September quarter.
Reliance Industries owns a 40.01 per cent stake and 34.99 per cent by JM Financial Asset Reconstruction Company in Alok Industries, which operates in-home textiles, cotton yarn, apparel fabric, garments, and polyester yarn.
Shares of  Alok Industrie

textile industry, company, MSMEs, jobs, employment

The government on Sunday imposed import curbs on parts of pocket lighters with immediate effect, a move which would help encourage domestic manufacturing and cut dependence on their inbound shipments from China.
"Import of parts of pocket lighters, gas fuelled, non-refillable or refillable lighters (cigarette lighters)... is restricted with immediate effect," the directorate general of foreign trade (DGFT) said in a notification.
Imports of cigarette lighters, priced less than Rs 20, are already prohibited. The import ban is also there on pocket lighters, gas-fuelled, non-refillable or refillable.
Last year, the government also issued mandatory quality standard norms for flame-producing lighters with a view to contain import of sub-standard goods and boost domestic manufacturing.
Items under the quality control orders (QCO), cannot be produced, sold/traded, imported and stocked unless they bear the BIS (Bureau of Indian Standards) mark.
During April-July this fiscal, import of lig

In one rare situation, there is a case for some protectionism against imports from China

India, which aims for net zero emissions by 2070, is looking for renewable power to fuel its economic expansion. Nepal and Bhutan have surplus power and export 2,070 megawatts and 700 megawatts

Electricity, Energy

Pakistan Prime Minister Shehbaz Sharif on Tuesday held separate meetings with leaders of various SCO member states on the sidelines of the summit, exchanging ideas to promote bilateral ties and strengthen the intergovernmental international organisation.
Pakistan is hosting the two-day SCO Council of Heads of Government (CHG) summit on October 15 and 16. The Shanghai Cooperation Organisation (SCO) comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus  with 16 more countries affiliated as observers or dialogue partners.
According to official statements, Sharif held separate meetings with Belarusian Prime Minister Roman Golovchenko, Tajik Prime Minister Qohir Rasulzoda, and Kyrgyz Prime Minister Akylbek Japarov, discussing ways to further strengthen bilateral relations.
During his meeting with Golovchenko, Sharif emphasised the importance of sustained exchanges to unlock the potential for cooperation, particularly in trade, ...

Pakistan Prime Minister Shehbaz Sharif

A red carpet was rolled out to welcome the guests, underscoring the importance of the event and the cordial relations between the two nations, as per the statement

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Nepal, Bhutan seek Indian investment in hydro projects, power export

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