OXIESEC PANEL

Name	Size	Modified	Perms
📁 ..	-	05/19/2025 10:07:13 AM	rwxr-xr-x
📄 00075c93132acf7a6e46e48d2291ce41.spc	5.69 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0102169e52b6a27a410e7b237202fe84.spc	140.81 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 027d4dde1e82475da3d9afe4844afb1d.spc	2.63 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 03036edfece701eaa1537fea4014dd44.spc	56.35 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0446f65691fba260d3eabbd1377240f8.spc	5.75 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 04d0c6cc2bf146b1318b78f84416b912.spc	124.45 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0582678c8cfff117f770f9368b70c2b5.spc	19.33 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0601d608f5e2ea8e198130b17fe6ef01.spc	157 bytes	05/16/2025 04:32:22 AM	rw-r--r--
📄 061ad7f2b0116c570fdc35c36824c7c6.spc	42.24 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 06e0c598a46c483b6b9d775e1ba1ecd4.spc	124.09 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0802b12194f292de0e9d9617ac014785.spc	290.02 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 083aed319a0b5c8691e31d9150d8005e.spc	19.84 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0a3bf48c84477cd58dbc2036a0331134.spc	70.63 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0b5e5f226006af7e46d02ba8ce216a45.spc	54.71 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0b73d04c6bba0acaf2f9a569f388313a.spc	33.59 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0b8a46fca237497cfc90498f9eb909ab.spc	686.66 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0ce2bdd7061489c6136e7614d421b874.spc	47.7 KB	05/16/2025 04:32:22 AM	rw-r--r--
📄 0de8a2204854bb5dd311607494c671e4.spc	828.58 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 0e15494dca4aeb24ea769582482c5162.spc	150.58 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 0eaec40cfb584fcb55fcdfb5d76684b9.spc	16.95 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 0ed254d4d9db6e3afe193b00bc6471bb.spc	89.85 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 0f079d9bb09fef940c38ee73b52b91d4.spc	34.42 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 0f5e21d9d8354d10ea23d99101259ba2.spc	42.06 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 0ffc1fa29a6bad7fb49e55940c374610.spc	75.61 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1071b4a15b6c2fe6f7a96f194d0ba524.spc	196 bytes	05/16/2025 04:32:23 AM	rw-r--r--
📄 10ae571a6266a8e21b0fbb15f552a1cb.spc	13.15 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 118c129ff99a905e4e9325e388b841fe.spc	45.34 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 131a4ad07dda46888cbbc1cb4c710a91.spc	59.6 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 132dee0a955be7733cc009e546de18da.spc	100.76 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 142d8795402a4e8a520be8ebea6f54f3.spc	22.7 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1469d584e9747d132077c9df3cda6c97.spc	121.15 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1479626ef8ef423638ca62f43b3e0f8d.spc	95.45 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 16e016e3ca27d793aa9172c1913c3f23.spc	26.74 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 19f3a21c36072f501f634db8e658bc9f.spc	16.6 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1b8954ae7aab6fd9784cbcc827133f80.spc	186 bytes	05/16/2025 04:32:23 AM	rw-r--r--
📄 1c0bbac8beea30e555f26fd02994e7a5.spc	19.96 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1c1a63fc25720b7c22c9c28fa2aa9379.spc	236.54 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1f1672e0ecc5e7a6d278c930015520ab.spc	166 bytes	05/16/2025 04:32:23 AM	rw-r--r--
📄 1f4cf3ae9ba91935f556711c1cfc34d4.spc	88.33 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 1f5e96e3f1a01f95ab611ec1458fe470.spc	169.16 KB	05/16/2025 04:32:23 AM	rw-r--r--
📄 20a75b688975a2d5d342eae9f4c33411.spc	1.22 MB	05/16/2025 04:32:24 AM	rw-r--r--
📄 225d97aca36305a8b407ea6d8d5b187e.spc	55.08 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 242d3dabf79d13154fcc384ff8b2d25e.spc	113.19 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 25512b0d18ae6e4d20d027abbc467365.spc	31.2 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 25948504a82cd8da1985fddd4500c1c7.spc	153.7 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 26e0c631724f3653c10c3123546ab5e2.spc	110.09 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2704664dff0e40e19de087fe00892bc2.spc	24.51 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 274ae07ff50cfde2bda57a71703b62f4.spc	2.54 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2799184659106c88b5072a3e3f763a4d.spc	2.54 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2801f3bdd649962fa663f608c2383280.spc	154.53 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 28099e26c5c9a06acb85a41ccd789efc.spc	500.36 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2aabe0323264e3f60916621039be0e76.spc	42.37 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2abcd685295b4a261ad2e866188e5e11.spc	125.3 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2aed529f6407470bef913050a1d118ef.spc	151 bytes	05/16/2025 04:32:24 AM	rw-r--r--
📄 2b2654a64e8b0f5d9cf497e0883b2042.spc	96.1 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2dae1abba28ecd05f3e1e91f308cf8c4.spc	87.25 KB	05/16/2025 04:32:24 AM	rw-r--r--
📄 2db16a36af8daf383cb739dd57a44d90.spc	147.19 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 2de250597c053bd81359233c14c51db4.spc	286.38 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 2fb670ecdcda7db936aa7d2f018a79e4.spc	23.75 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 30d5af6cd4c10ea02520bcaba31f3d1c.spc	141.02 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 31591159e55bceb27be71ce43cd1517e.spc	443.64 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 31f817c15425941589a9819216265501.spc	68.33 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 34661b0e5b23f423b303c946172b39f8.spc	20.99 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3567037b5acd1842946ba40397edead4.spc	84.5 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 37cf2adae9335c54f1dbc436922e6cfc.spc	181 bytes	05/16/2025 04:32:25 AM	rw-r--r--
📄 389ae768f4ecb350b56b92da3b04c1ac.spc	180.5 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3bcfb7838de30c68c7acc437c16935cc.spc	142.35 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3ca755a78dd04c91695e5fcee845991f.spc	42.02 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3d135369c757ae57c3c873e6070d5ac6.spc	46.18 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3e4e8d898fc42bca52bf888c3a33ef23.spc	614.85 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3e804b49f84699d48348b3bee312090d.spc	25.24 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3f92b590befbddc6f7237f2ff7a2ca21.spc	407.55 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 3f93802ae5a285cffaf04f22ceb596fb.spc	307.02 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 419e5468f73de12da7ac55b064ff6e04.spc	19.87 KB	05/16/2025 04:32:25 AM	rw-r--r--
📄 43cdef0c688f38c395285fd09bd1d8b6.spc	163 bytes	05/16/2025 04:32:25 AM	rw-r--r--
📄 445a8424173fb9de0f08493a09557c92.spc	39.14 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 447b88825763019604aca4e363415120.spc	3.18 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 44a6e222af7ac1e000190688f3824d27.spc	103.66 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 45ec354e05ea3a553e89c9f9d1ee7a6f.spc	67.86 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 48926180fcc9ab4ab897cfbc5279409e.spc	170 bytes	05/16/2025 04:32:26 AM	rw-r--r--
📄 4904c558085c30a9ca52969c7f875cf8.spc	155 bytes	05/16/2025 04:32:26 AM	rw-r--r--
📄 490fd4abfc32189cff5d5f38ddaaff5b.spc	22.31 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 491e4a0adc576f7c32fdb7ee38bb0997.spc	88.77 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 492e918dde587df3095914b1f67cd6ee.spc	31.56 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 4b6d0ec22ab2dc33cffefef17cf9a288.spc	87.42 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 4b6fa8105439c52ea4f2c1f18e0957e2.spc	181 bytes	05/16/2025 04:32:26 AM	rw-r--r--
📄 4c3facd12e8f40cab8114677f681ebaf.spc	134 bytes	05/16/2025 04:32:26 AM	rw-r--r--
📄 4ca537d8aa4727a23841361c475118e1.spc	42.22 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 4d1bb795413f82f68c666caa0c0c27bb.spc	148.14 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 4e8baeaef3679f9460ffdecddbb1f6a7.spc	35.08 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 5064bfc366d30fb3250bafeacadc83db.spc	22.11 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 50ba71d2f35fb5e96b224d907d33d263.spc	720.35 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 51447ae67b6d856982df0ea0496cf24b.spc	18.89 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 522fe4b133aa24cb42c79b24ecb5c838.spc	134.37 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 5432740bf8126b80fd18515165c5cf20.spc	22.07 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 55fad6ae8bfedfb81fafc8bd5112a79f.spc	31.16 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 577d0589862161e3aaa25ed8758b2765.spc	29.23 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 57e4b3f5cadf2d33fa630cb96499349a.spc	154 bytes	05/16/2025 04:32:26 AM	rw-r--r--
📄 588359e68ff59d4ef53aaf3edb6a44cf.spc	6.77 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 5a06bba505584742f9e590f2f81e0ff3.spc	128 bytes	05/16/2025 04:32:26 AM	rw-r--r--
📄 5c6d487a1fbb288f7f0f73b55f6b2df1.spc	41.86 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 5c744a4198beb7326dcf101f961486b4.spc	56.94 KB	05/16/2025 04:32:26 AM	rw-r--r--
📄 5ef8b2cef4776b3e3f9f79092ce932ca.spc	124.66 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 5fc9bcdda34ec7e72510b177a0164b7b.spc	602.71 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 60bc545cda9dafe75484b88be1dd4ae9.spc	67.49 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 60fe2edd86b212feb0f71552066ef55d.spc	186.19 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 6270f865db79068a5dedb78ba877e7a0.spc	100.02 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 6370a4a7eb9be29e32a96811bc0dd7b6.spc	19.59 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 63f55618eba7b0585577fb08ea8818dc.spc	41.42 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 651d4f6bf953adef7c5b8f05f01e1151.spc	32.47 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 66267a4d6dba7887fc7d4a1aa2da9b75.spc	123.73 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 663e01e065755a523f15f61782ef2fd0.spc	28.3 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 66506bf5272cefcb56085b4b77463bd8.spc	280.88 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 669fa07a0da20a5d0da35d972d5fcac5.spc	99.77 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 679d4423c6016aeb24557d767a509bbb.spc	46.29 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 69185497e5f13fd4744a2c39d76fb812.spc	32.55 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 69b3abe3aa88d144d3591d56873de72b.spc	150 bytes	05/16/2025 04:32:27 AM	rw-r--r--
📄 6a0ab3ec7216c8caa50e266f3ff16993.spc	22.35 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 6c7544e2246a222bbde6ad7d0406c8db.spc	200.49 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 6c7c31384f1626a700bc8fbd2f584add.spc	57.94 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 6cf9d92f08956fa74016014a99dc793e.spc	28.51 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 6ee565104f90a8212dd7e14133d6e4ae.spc	193 bytes	05/16/2025 04:32:27 AM	rw-r--r--
📄 6eede30400457c4277e91f133b7a27a6.spc	60.73 KB	05/16/2025 04:32:27 AM	rw-r--r--
📄 71f0008f42879a3e550851568b3494d0.spc	1.8 MB	05/16/2025 04:32:28 AM	rw-r--r--
📄 72ff111641b87f5d234c3ded91959234.spc	136.69 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7400954e05f62bf45dcf5c1087223df4.spc	2.63 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7463e454c4ab831179d37c4e86643dc2.spc	266.75 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 74a014a9f44690e4a045b1753c1ef5c9.spc	159 bytes	05/16/2025 04:32:28 AM	rw-r--r--
📄 76c5af11f8b8bd34c58097da8689d2a2.spc	185.34 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 76e6555adc909bfac627ceaba91df128.spc	167.17 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7ab2d04babf16e9d06f787e38f186748.spc	89.36 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7b9723cc6339397505e29dbe8497b10a.spc	150 bytes	05/16/2025 04:32:28 AM	rw-r--r--
📄 7beeb799568e0584e407e788f7ec973d.spc	56.61 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7c6fcaa553a1353d8fcc5535064f4008.spc	50.63 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7d1ab5c52f2c3ab33c409e73bedecc5e.spc	3.92 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7dc75885832733a5ea185d98887b82df.spc	33.47 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 7e7185a8ee7828937f2a05f0aa956f10.spc	162 bytes	05/16/2025 04:32:28 AM	rw-r--r--
📄 80d5eace46cca553f0c7e7a631ed6703.spc	123.39 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 828f89042b67ae6fca8657110997c302.spc	3.94 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 8341235cab83dcb126f0ad2b5812b63d.spc	88.67 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 8353d08af859970965abdbc71f5bf9a3.spc	37.15 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 83efe9d0463ea50fa82517c4a92ed589.spc	158 bytes	05/16/2025 04:32:28 AM	rw-r--r--
📄 8409cc881139fa5d466af5d757f19609.spc	48.09 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 84ed1e5a5cc7fb7930a3132f1dd7ae0a.spc	112.98 KB	05/16/2025 04:32:28 AM	rw-r--r--
📄 850a6a7f962502618892db457e231fe7.spc	131.61 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 852c8f9b4effcea04904f4e1e55da3f4.spc	459.08 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 874091b93fb13db66a5fdbe72fbb8d6b.spc	1.59 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 8b768f4e406ced9a4cba62897a7bc651.spc	97.91 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 8bbfe139e67e5f738b9ffcb18a7c5b86.spc	47.7 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 8d0823d0a4bd13241dc275b14e801667.spc	183.86 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 8d3db038a087fbdc54054a9282afa2c6.spc	164 bytes	05/16/2025 04:32:29 AM	rw-r--r--
📄 8d64115de2ca5294e771c8614663c953.spc	162 bytes	05/16/2025 04:32:29 AM	rw-r--r--
📄 8e24588eb23460ceefe5195686c2a6db.spc	101.38 KB	05/16/2025 04:32:29 AM	rw-r--r--
📄 906b5d59de170e528244744b925a8af5.spc	97.16 KB	05/16/2025 04:32:29 AM	rw-r--r--
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📄 925665a1ef421d5783a6690aaf7df881.spc	92.84 KB	05/16/2025 04:32:29 AM	rw-r--r--
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Indian equity markets are likely to open higher on Friday. SGX Nifty was up with gains signalling that Dalal Street is headed for a positive start, while global cues were mixed after the NASDAQ ended with gains while S&amp;P 500 and Dow Jones moved lower. &#8220;While most sectors are trading in tandem with the benchmark and drifting lower, defensive like FMCG and pharma are still holding strong. Participants should maintain a cautious stance and align their positions accordingly,&#8221; said Ajit Mishra, VP &#8211; Research, Religare Broking. In the previous session, benchmark index S&amp;P BSE Sensex opened with gains but bears took over later forcing the index to closed at 53,416, down 98 points. Nifty 50 ended at 15,938.

<h2>Stocks in focus on 15 July, Friday</h2>

ACC: The cement company reported a 60 percent on-year decline in consolidated profit at Rs 227 crore in quarter ended June 2022 dented by rising global fuel costs and related inflationary impacts. EBITDA fell 51 per cent YoY to Rs 426 crore and margin declined by 1,310 bps to 9.7 per cent in Q2CY22. Revenue increased by 15 per cent YoY to Rs 4,393 crore with cement sales volumes up 10.5 per cent at 7.56 million tonnes and ready mix concrete sales volumes up 43.1 percent at 0.83 million cubic metres.

Cipla: Drugmaker&#8217;s subsidiary Cipla Health Limited (CHL) has signed definitive agreements for the acquisition of Endura Mass. According to the company’s press statement, Endura and all other associated products would be part of the acquisition. CHL will initiate the distribution and marketing of the Endura Mass pending the closure of the proposed acquisition. Endura Mass has been sold in India for 20 years to consumers actively looking to gain weight.

Angel One: Angel One has reported a 50 per cent rise in consolidated net profit at Rs 181.50 crore for the quarter ended June 2022 as against Rs 121.37 crore posted in the same year-ago period. Total income surged 45 per cent to Rs 686.53 crore (Rs 474.48 crore). The company reported EPS of Rs 21.33 for the period ended June 30, 2022 as compared to Rs 14.58 for the period ended June 30, 2021. Meanwhile, the board of directors has declared Rs 7.65 a share as the first interim dividend for FY23. The company has fixed July 22 as the record date for determining eligibility of shareholders to receive the dividend.

Bharti Airtel: In line with the partnership announced at the beginning of this calendar year, Bharti Airtel on Thursday approved allotment of 71 million shares to tech major Google at an issue price of Rs 734 per share. Google will hold 1.2% of total post-issue equity shares of the company, Bharti said in a regulatory filing. The company’s special committee of directors for preferential allotment approved the same, it added. In January, Google had said that it will invest $1 billion in Bharti Airtel. Of this, $700 million (Rs 734 per share) will be for picking up 1.28% stake in the telecom service provider, while the rest will be for multi-year plans related to devices and other programmes around digital inclusion.

Tata Elxsi: The company clocked a robust 63 percent year-on-year growth in profit at Rs 184.7 crore for quarter ended June 2022 on strong operating profit and topline growth. Revenues from operations at Rs 725.9 crore grew by 30 percent YoY and EBITDA increased 58.8 percent YoY to 238.2 crore in Q1FY23.

Tata Steel Long Products: The company posted loss of Rs 331 crore in the quarter ended June 2022 against profit of Rs 331.6 crore impacted by loss at operating level due to higher raw material cost and finance cost. However, revenue increased by 18.2 percent YoY to Rs 1,994 crore in Q1FY23.

Q1 Results today: Jindal Steel &amp; Power, Federal Bank, Aditya Birla Money, Deep Diamond India, Den Networks, Integrated Capital Services, Just Dial, Kesoram Industries, Lloyds Metals and Energy, L&amp;T Technology Services, Oberoi Realty, and Opto Circuits (India) will be in focus ahead of quarterly earnings on July 15 while HDFC Bank, Bharat Electronics, ICICI Prudential Life Insurance Company, Netlink Solutions, Pil Italica Lifestyle, and Welcure Drugs &amp; Pharmaceuticals will be in focus ahead of their quarterly earnings on July 16.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:86:"https://www.financialexpress.com/wp-content/uploads/2022/07/blur-1853262_1920-1-10.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:118:"ACC, Cipla, Bharti Airtel, Cipla, Angel One, Tata Elxsi, Jindal Steel and Power, Tata Steel stocks in focus on 15 July";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:94:"https://www.financialexpress.com/wp-content/uploads/2022/07/blur-1853262_1920-1-10-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:1;a:6:{s:4:"data";s:22:" 
 
 
 
 
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Information technology (IT) stocks continued their downward journey on Thursday, with HCL Technologies, Tech Mahindra, TCS, Wipro witnessing selling pressure. The Nifty IT cracked below the 52-week low of 26,399.75 intra-day, marking the lowest level since May 2021, while the BSE IT index fell 1.44%.

An interesting fact is that the record plunge of the rupee is not helping curb the fall in IT stocks. A strong dollar against the rupee is considered to be positive for IT companies as a major chunk of their revenue comes from outside the country.

Nomura in a recent report indicated a potential slowdown for IT services demand as growth rates on spends are likely to decelerate, constrained by revenue and earnings volatility. “Although we still expect growth rates in the Indian IT sector in FY23F to be strong (double-digit revenue growth), we believe uncertainty on the same continuing in FY24F is extremely high,” Nomura said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:79:"https://www.financialexpress.com/wp-content/uploads/2022/07/nifty-IT-stocks.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:204:"Nomura in a recent report indicated a potential slowdown for IT services demand as growth rates on spends are likely to decelerate, constrained by revenue and earnings volatility. (Representational image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:87:"https://www.financialexpress.com/wp-content/uploads/2022/07/nifty-IT-stocks-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:2;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:39:"Syngenta to scale up spraying by drones";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:90:"https://www.financialexpress.com/industry/syngenta-to-scale-up-spraying-by-drones/2594748/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 08:05:49 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:5:"Drone";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:16:"farmers in India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:90:"https://www.financialexpress.com/industry/syngenta-to-scale-up-spraying-by-drones/2594748/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:135:"Syngenta is ready with two products (a fungicide and insecticide) for six crops including cotton, rice and soybean for drone spraying. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"anamika sinha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T08:06:27+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3003:"
Crop protection and seed company, Syngenta India, which was among the first companies to get approval for using drones for spraying of agrochemicals, is all set to scale up the use of drones in agriculture. Syngenta is ready with two products (a fungicide and insecticide) for six crops including cotton, rice and soybean for drone spraying. Syngenta will start with 50 drones and use them to spray 30,000 acres of farmland across the country. The company is launching drone spraying after conducting trials on 400 acres. Data has also been submitted to regulators for 20 crops.

Susheel Kumar, country head and managing director, Syngenta India, said India was now among the top five countries for Syngenta and they would be launching two to three new products every year in the Indian market. Syngenta is launching a slew of digital agri-tech solutions for farmers in India and is aiming to reach 2,50,000 farmers in a year, and then reach a million farmers thereafter.

Apart from drones for spraying, the company is also launching an app for growers that would offer digital agronomy, weather-based advisory alerts, personalized crop calendars, nutrient recommendations, image-based disease diagnostics and credit access to small farmers through tie-up with fin-tech companies.

Feroz Sheikh, chief information and digital officer, Syngenta Group, said the regulatory environment and favourable policies in the country had enabled them to take this drone technology to the farmers. The next two to three years will see a huge leap in Indian agriculture because the government opening up the sector for drones. Shortage of farm labour for spraying was a growing problem and drones would solve this problem for farmers. Sheikh said this was an efficient solution as drones used only around 12 litres of water instead of 150-200 litres of water used when spraying was done manually. It took around half a day to spray one acre manually, which would be done in 5-8 minutes by the drones. This also allowed for precision and targeted spraying without wastage, and would limit the farmers&#8217; exposure to these chemicals, Sheikh said.

Syngenta has tied up with five to six drone manufacturers for the supply of drones. These were early days for the technology and they would be looking into issues regarding last mile transportation of drones, storage, range of the drones and charging, and Sheikh hoped local innovations would solve these problems.

Apart from spraying, these drones could in the future be used for capturing images and generating data that would be used to offer advisories to the farmers. It would be taking the drones to some clusters and working on generating demand for drone spraying with teams on the ground. Plans are to create agri entrepreneurs and train them to offer these services at the village level.

A drone yatra is being flagged off from Pune on Friday with drone spraying in a soybean field in Manchar.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:85:"https://www.financialexpress.com/wp-content/uploads/2022/07/drones-for-spraying-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:108:"Syngenta has tied up with five to six drone manufacturers for the supply of drones. (Representational image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:93:"https://www.financialexpress.com/wp-content/uploads/2022/07/drones-for-spraying-1-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:3;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:113:"Utkarsh Classes plans to expand presence in Hindi-speaking market, aims to clock turnover of Rs 200 crore in FY23";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:166:"https://www.financialexpress.com/education-2/utkarsh-classes-plans-to-expand-presence-in-hindi-speaking-market-aims-to-clock-turnover-of-rs-200-crore-in-fy23/2594218/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 07:55:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:9:"Education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:166:"https://www.financialexpress.com/education-2/utkarsh-classes-plans-to-expand-presence-in-hindi-speaking-market-aims-to-clock-turnover-of-rs-200-crore-in-fy23/2594218/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:103:"In 2022, the company claims to have clocked a turnover of Rs 150 crore as EBITDA stood at Rs 59 crore.
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Utkarsh Classes aims to expand its online market in Hindi-speaking states including Uttar Pradesh, Madhya Pradesh, Bihar, and Haryana. “With online classes, more students can be reached out, especially those who cannot afford to come to our centres. However, we also plan to open a few offline centres,” Gehlot said. The company aims to start an offline centre in Prayagraj, Uttar Pradesh in November, 2022. Furthermore, the platform aims to clock a turnover of Rs 200 crore in FY23.&nbsp;

Regulatory files accessed by business intelligence platform Tofler revealed that Utkarsh Classes’ revenue from operation increased 178% to Rs 129 crore in FY21 from Rs 46 crore in FY20. The company’s net profit increased 77% to Rs 32 crore in FY21 from Rs 18 crore in FY20. In 2022, the company claims to have clocked a turnover of Rs 150 crore, while EBITDA stood at Rs 59 crore.“We are in an expansion phase in terms of online courses and presence, ” Gehlot noted.&nbsp; The company claims to have an average monthly expenditure of Rs 6-8 crore. The expenditure of the firm majorly includes employee benefit expenses with close to 1,100 staffers.

The firm monetises through sale of courses to students through online platform as well as through its offline centres.&nbsp; In FY22, the company claims to had enrolled 7.5 lakh students in online courses. In Q1,FY23, the company claims to have enrolled around two lakh students, with an average customer acquisition cost of Rs 350. By the end of FY23, the company aims to enroll 10 lakh students in online courses and 35,000 students in offline classes. The average ticket price for online courses is Rs 2,500 and the course fee for offline courses range between Rs 12,000-25,000. “Recently, we have started operations in 15 offline centres in Jaipur and Jodhpur. We will announce a few more centres in Jodhpur shortly,” Gehlot explained.&nbsp;

On July 13, 2022, the company rolled out an offline centre in Jodhpur for defence courses which includes Air Force, Army, Navy, National Defence Academy, Combined Defence Service, Coast Guard, Air Force Common Admission Test.&nbsp; According to Gehlot, the platform aims to focus on introducing more courses in defence to focus on Agniveer candidates.

Read Also: JAIN partners with Maldive’s higher education ministry to provide scholarships programmes";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:73:"https://www.financialexpress.com/wp-content/uploads/2022/07/utkarsh-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:93:"The company also aims to start offline centres in Prayagraj, Uttar Pradesh in November, 2022.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:81:"https://www.financialexpress.com/wp-content/uploads/2022/07/utkarsh-1-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:4;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:109:"Share Market LIVE: SGX Nifty hints at tepid start for Sensex, Nifty; Rupee at 80, sets new low against Dollar";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:167:"https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-bharti-airtel-google-trade-rupee-inflation-july-15-friday/2594757/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 07:54:48 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:10:"Bank Nifty";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:13:"Bharti Airtel";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:5:"Nifty";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:167:"https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-bharti-airtel-google-trade-rupee-inflation-july-15-friday/2594757/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:169:"Share Market News Today &#124; Sensex, Nifty, Share Prices LIVE: Ahead of the last trading session of the week, SGX Nifty was up with gains while global cues were mixed.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:16:"Kshitij Bhargava";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T08:18:21+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1320:"
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic headline indices closed with losses on the weekly futures &amp; options expiry session on Thursday. S&amp;P BSE Sensex opened with gains but bears took over later forcing the index to closed at 53,416, down 98 points. Nifty 50 ended at 15,938. Broader markets mirrored the fall charted by benchmark indices. Ahead of the last trading session of the week, SGX Nifty was up with gains while global cues were mixed after the NASDAQ ended with gains while S&amp;P 500 and Dow Jones moved lower.

Google has picked up a 1.2% stake in the telecom major Bharti Airtel. Bharti Airtel on Thursday informed the stock exchanges that its board has approved the allotment of 71 million shares to tech major Google at an issue price of Rs 734 per share. Shares of Bharti Airtel closed on Thursday at Rs 642 per share. The investment comes as a prior commitment that was made by Google in January this year. The internet giant will invest a total of $1 billion in Bharti Airtel. The remaining $300 million will go towards implementing commercial agreements. Google also holds a significant stake in Bharti Airtel’s rival Reliance Jio Platforms. Google had invested in the Mukesh Ambani-led company during its mega divestment spree.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:76:"https://www.financialexpress.com/wp-content/uploads/2022/07/Sensex-REU-4.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:67:"Global cues were mixed on mixed on Friday morning.
(Image: REUTERS)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:84:"https://www.financialexpress.com/wp-content/uploads/2022/07/Sensex-REU-4-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:5;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:39:"Data Drive: Microfinance’s rural rush";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:85:"https://www.financialexpress.com/opinion/data-drive-microfinances-rural-rush/2594475/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 06:30:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Opinion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:12:"microfinance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:85:"https://www.financialexpress.com/opinion/data-drive-microfinances-rural-rush/2594475/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:55:"The urban portfolio grew 5.7% y-o-y to Rs 1.7 trillion.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T06:30:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1370:"
The loan portfolio of rural microfinance grew at a faster clip, of 13.5% year-on-year, in the three months to March 22 with the gross loan portfolio touching Rs 1.7 trillion.

The urban portfolio grew 5.7% y-o-y to Rs 1.7 trillion.

The top 10 states constitute 83.4% of the gross loan portfolio.

The average balance per unique borrower for the two top states, West Bengal and Tamil Nadu, stood at Rs 51,500 and Rs 48,200 as of March.

Banks continue to dominate the market share with 37.7% of the total lending followed by NBFC-MFI with 33.3% market share.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-454.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-454-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:6;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:77:"India’s 1st monkeypox case reported in Kerala; Centre sends high-level team";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:132:"https://www.financialexpress.com/lifestyle/health/indias-1st-monkeypox-case-reported-in-kerala-centre-sends-high-level-team/2594600/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 06:20:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:6:"Health";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:9:"Lifestyle";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:6:"Kerala";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:132:"https://www.financialexpress.com/lifestyle/health/indias-1st-monkeypox-case-reported-in-kerala-centre-sends-high-level-team/2594600/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:274:"The authorities will be working with the state health departments and take stock of the situation and recommend necessary public health interventions. The government has been monitoring the situation and coordinating with states in case of any such possibility of outbreaks.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T06:20:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1711:"
The Union health ministry on Thursday rushed a multi-disciplinary team to Kerala to support the state health authorities after the&nbsp;first case of monkeypox in India was reported from Kerala.

The Central team comprises experts from the National Center for Disease Control, RML Hospital and senior officials from the health ministry along with experts from the regional office of health &amp; family welfare, Kerala.

A person who returned to Kerala from abroad and was hospitalised after showing signs of monkeypox tested positive for the disease, Kerala health minister Veena George said.

The authorities will be working with the state health departments and take stock of the situation and recommend necessary public health interventions. The government has been monitoring the situation and coordinating with states in case of any such possibility of outbreaks.

Since January 1 this year, the World Health Organization has reported 3,413 confirmed cases of monkeypox and one death in 50 countries indicating an increase in the spread of cases globally, union health secretary, Rajesh Bhushan, said in a letter to the states. This was to alert the state disease surveillance teams and screening teams at the point of entry. States have been asked to isolate patients till all the Monkeypox lesions have resolved and scabs have completely fallen off. States have been told to identify hospitals that would be equipped to manage suspect or confirmed cases of Monkeypox.

Meanwhile, the country reported 20,139 new Covid-19 cases on Thursday taking the active case load to 1,36,076 with the weekly positivity rate at 4.37% and daily positivity rate at 5.10%.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-475.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:172:"A person who returned to Kerala from abroad and was hospitalised after showing signs of monkeypox tested positive for the disease, Kerala health minister Veena George said.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-475-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:7;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:63:"Sebi disposes proceedings against Dish TV independent directors";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:112:"https://www.financialexpress.com/market/sebi-disposes-proceedings-against-dish-tv-independent-directors/2594591/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 06:15:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Dish TV";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:4:"Sebi";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:112:"https://www.financialexpress.com/market/sebi-disposes-proceedings-against-dish-tv-independent-directors/2594591/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:201:"The March interim order had directed that the demat accounts of the independent directors be frozen until the voting results of the AGM held on December 30, 2021, were disclosed on the stock exchanges.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T06:15:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2604:"
The Securities and Exchange Board of India (Sebi) has disposed of the proceedings initiated by a show cause notice against Dish TV independent directors Bhagwan Das Narang, Rashmi Aggarwal and Shankar Aggarwal without any further directions.

In March, the regulator had asked Dish TV India to disclose the results of its shareholder&#8217;s meeting held in December 2021 within 24 hours. The company did not disclose the results of its annual general meeting citing a pending case in the Bombay High Court. On March 7, Sebi&#8217;s whole-time member S K Mohanty passed an ex-parte interim order against Dish TV, its key management employees and the three IDs. Show cause notices were issued to the IDs seeking an explanation for the delay in disclosing the results despite repeated reminders.

While Dish TV subsequently applied for an amicable settlement of the matter under Sebi&#8217;s consent mechanism, the IDs decided to defend their position and initiate adjudication proceedings.

Sebi&#8217;s order on Thursday observed that the regulator&#8217;s first advisory was not disclosed by Dish TV to the exchanges. As a result, the advisory was not in the public domain. “The material available on record does not suggest that the noticees were otherwise aware of the first advisory issued by Sebi,” the order said.

The final advisory was disclosed by Dish TV to the exchanges subsequently. On February 14, before the commencement of the board meeting, the company informed the IDs that it had already replied to Sebi and was awaiting a final response.

“The SCN and facts and circumstances of the case do not show whether the replies of the company dated January 18, 2022 and February 10, 2022, to Sebi and disclosure to the stock exchanges on February 10, 2022, was done after deliberation with independent directors. The facts do not indicate any complicity of the independent directors for the disclosures under Regulation 44(3) of the LODR Regulations and the Advisories issued by Sebi. Thus, no omission to exercise due diligence can be attributed to the independent directors in the facts and circumstances of the case,” the Sebi order observed on Thursday.

The March interim order had directed that the demat accounts of the independent directors be frozen until the voting results of the AGM held on December 30, 2021, were disclosed on the stock exchanges.

Dish TV had disclosed the results of the AGM to the Exchanges on March 8 and the freezing of the demat accounts was to be lifted as per the said order.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-474.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:280:"On March 7, Sebi's whole-time member S K Mohanty passed an ex-parte interim order against Dish TV, its key management employees and the three IDs. Show cause notices were issued to the IDs seeking an explanation for the delay in disclosing the results despite repeated reminders.
";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-474-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:8;a:6:{s:4:"data";s:24:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:65:"Oil marketing companies’ Q1 margins to take a hit: ICICI Direct";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:112:"https://www.financialexpress.com/industry/oil-marketing-companies-q1-margins-to-take-a-hit-icici-direct/2594588/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 06:10:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:28:"Bharat Petroleum Corporation";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:11:"fuel prices";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:4:"HPCL";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:22:"Indian Oil Corporation";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:112:"https://www.financialexpress.com/industry/oil-marketing-companies-q1-margins-to-take-a-hit-icici-direct/2594588/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:219:"In a report released Thursday, ICICI Direct said Hindustan Petroleum Corporation (HPCL) may report a Rs 3,721-crore loss and Bharat Petroleum Corporation (BPCL) Rs 1,642 crore in the first quarter of the current fiscal.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T06:10:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2084:"
Strong refining margins notwithstanding, Indian Oil Corporation’s Q1 FY23 profit after tax (PAT) is likely to fall by around 68% in the first quarter to Rs 1,937 crore quarter-on-quarter (q-o-q) on marketing losses, brokerage firm ICICI Direct Research estimated.

In a report released Thursday, ICICI Direct said Hindustan Petroleum Corporation (HPCL) may report a Rs 3,721-crore loss and Bharat Petroleum Corporation (BPCL) Rs 1,642 crore in the first quarter of the current fiscal.

“Overall, gross refining margins (GRMs) for refiners are expected to improve q-o-q and are anticipated to be in the range of $25-27/bbl. Refining segment earnings are likely to be further supported by inventory gains. On the marketing front, marketing volumes are expected to grow in the range of 19-21% y-o-y. In terms of marketing margins, we estimate losses as OMCs did not pass on higher crude oil costs to customers,” it said.

“We also note that the companies are likely to face marketing inventory losses owing to excise duty cut in May. We expect one OMC to report ~68% q-o-q decline in earnings while the other two OMCs are expected to report losses,” it added.

For IOC, it said GRMs in the first quarter of the current fiscal are anticipated at $26.5/bbl, up from $18.5/bbl in Q4 FY22. Though the marketing segment volumes may have increased by 18.7% y-o-y, there will be losses on the marketing front as the company did not pass increasing crude oil costs to consumers.

While for BPCL, the GRMs in Q1FY23 would be at IOC&#8217;s level of $26.5/bbl, the company is expected to have incurred losses on the marketing front for not passing the increasing input costs to consumers even as marketing segment volumes could be higher by 20.5% y-o-y.

HPCL’s GRMs would be just a little higher than the two at $26.6/bbl, but “we expect a net loss of 13,721.6 crore”, ICICI Direct said. Lending support to the government’s effort to rein in inflation, OMCs have not increased petrol and diesel prices since May 22.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-473.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:241:"“We also note that the companies are likely to face marketing inventory losses owing to excise duty cut in May. We expect one OMC to report ~68% q-o-q decline in earnings while the other two OMCs are expected to report losses,” it added.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-473-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:9;a:6:{s:4:"data";s:24:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:86:"Maharashtra cuts value added taxes on petrol by Rs 5/litre and by Rs 3/litre on diesel";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:147:"https://www.financialexpress.com/market/commodities/maharashtra-cuts-value-added-taxes-on-petrol-by-rs-5-litre-and-by-rs-3-litre-on-diesel/2594569/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 06:00:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:11:"Commodities";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:6:"Diesel";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:11:"Maharashtra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:12:"Petrol Price";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:147:"https://www.financialexpress.com/market/commodities/maharashtra-cuts-value-added-taxes-on-petrol-by-rs-5-litre-and-by-rs-3-litre-on-diesel/2594569/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:171:"Apart from OMCs’ cost, dealers’ commission, VAT (collected by the states) and excise duty (collected by the Centre) comprise the final retail price of transport fuels.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T06:00:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1685:"
The Maharashtra government on Thursday reduced value added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel, a move that will cost the state exchequer Rs 6,000 crore on an annual basis.

The decision on reducing the VAT has been taken at a meeting of the Cabinet under newly-appointed chief minister Eknath Shinde.

Following the reduction, every litre of petrol and diesel in Mumbai will now cost Rs 106.35 and Rs 94.28, respectively, from Rs 111.35 and Rs 97.28, as on Thursday.

Sources in the oil marketing companies (OMCs) said that they are yet to receive any notification from the state government in this regard as yet. At retail outlets, fuel prices are generally revised in the morning.

The prices of petrol and diesel vary from market to market due to various factors like freight rates, VAT, local levies, etc. On Thursday, the prices of petrol and diesel in Delhi were Rs 96.72 and Rs 89.62 a litre, respectively.

Apart from OMCs’ cost, dealers’ commission, VAT (collected by the states) and excise duty (collected by the Centre) comprise the final retail price of transport fuels.

Aimed at controlling inflationary pressures due to soaring crude oil prices, the Centre has reduced excise duty on two occasions since November. Through the first one, with effect from November 4, the Centre had reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively. The latest one came in with effect from May 22, in which the duty was reduced by Rs 8 and Rs 6 a litre on petrol and diesel, respectively.

India meets around 85% of its crude requirements through imports.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-472.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:127:"The decision on reducing the VAT has been taken at a meeting of the Cabinet under newly-appointed chief minister Eknath Shinde.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-472-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:10;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:66:"CAD to worsen unless global prices ease steadily: Finance ministry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:115:"https://www.financialexpress.com/economy/cad-to-worsen-unless-global-prices-ease-steadily-finance-ministry/2594573/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 05:50:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:23:"Current Account Deficit";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:115:"https://www.financialexpress.com/economy/cad-to-worsen-unless-global-prices-ease-steadily-finance-ministry/2594573/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:312:"Elevated global farm prices have boosted the real purchasing power in the rural areas, with terms of trade for agricultural commodities remaining positive since March 2022. “This has triggered a recovery in rural demand, although some indicators are yet to recover to pre-pandemic levels,” the ministry said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T05:50:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3861:"
India’s current account deficit (CAD) will deteriorate in 2022-23 on account of costlier imports and tepid exports on the merchandise account, if recession concerns in the west do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the finance ministry said on Thursday. It, however, added that the deterioration of CAD could moderate with an increase in service exports, in which India is more globally competitive as compared to goods exports.

Primarily driven by an increase in the merchandise trade deficit, the CAD stood at 1.2% of GDP in 2021-22. Also, a sudden and sharp surge in gold imports amid the wedding season (as many weddings were postponed to 2022 from 2021 due to pandemic-induced restrictions) is also exerting pressure on CAD. In order to alleviate the impact, the government has recently hiked the customs duty on gold from 10.75% to 15%.

In its economic report for June, the ministry said the private corporate sector has started showing “signs of revival” with robust growth in net sales in the March quarter, aided by a general recovery in demand.

Rising public capital expenditure (capex) may have also started to “crowd-in private investment”, the report by the Department of Economic Affairs said. The share of the private sector in total investment proposals reached a record high of 85% in the June quarter, having jumped from an average of 63% in the preceding four quarters. The Centre’s own budgetary capex jumped 70% in May from a year before. It has pledged a record Rs 7.5 trillion in capex for FY23.

The report suggested that softening global commodity prices, especially of crude oil, will likely put a leash on inflation. However, it called for the continuance of policy measures to stabilise price pressure “to continue walking the tightrope of balancing inflation and growth concerns”.

India’s retail inflation eased to 7.01% in June from 7.04% in the previous month and from a 95-month high of 7.79% in April. However, it still remained above the upper band of the central bank’s medium-term target (2-6%) for a sixth straight month.

A rise in firms’ operating profit margins has led to an increase in interest coverage ratio, indicating improvement in credit health of most of the industries. “Improved credit health is expected to facilitate the absorption of higher credit costs arising from a tighter monetary policy,” the report said. The central bank has raised the repo rate by 90 basis points since May and is widely expected to go for another round of hike in August.

Elevated global farm prices have boosted the real purchasing power in the rural areas, with terms of trade for agricultural commodities remaining positive since March 2022. “This has triggered a recovery in rural demand, although some indicators are yet to recover to pre-pandemic levels,” the ministry said.

The ministry said the gross non-performing assets (GNPA) ratio in FY22 has dropped to its lowest level in six years, bolstering banks’ ability to lend. The newly-acquired financial strength has not weakened, despite the withdrawal of support measures extended in the wake of the Covid outbreak, as capital and liquidity buffers have been built well above regulatory requirements. “However, as the RBI’s financial stability report cautions, if the macroeconomic environment worsens to a medium or severe stress scenario, the GNPA ratio may rise above its pre-pandemic level,” it said.

Robust GST collection, increase in customs duties, and imposition of windfall tax on petroleum products are expected to boost revenues and help the Centre rein in its fiscal deficit at the targeted level of 6.4% and realise the capex goal as well, despite excise duty cut in fuel.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-471.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:174:"It, however, added that the deterioration of CAD could moderate with an increase in service exports, in which India is more globally competitive as compared to goods exports.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-471-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:11;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:52:"Despite high cane dues, sugarcane sowing up 4% in UP";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:111:"https://www.financialexpress.com/market/commodities/despite-high-cane-dues-sugarcane-sowing-up-4-in-up/2594563/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 05:45:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:11:"Commodities";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:9:"Sugarcane";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:14:"sugarcane crop";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:111:"https://www.financialexpress.com/market/commodities/despite-high-cane-dues-sugarcane-sowing-up-4-in-up/2594563/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:161:"This year, the state advised price of sugarcane was Rs 350 per quintal for the early variety, Rs 340 for the normal variety and Rs 335 for the rejected variety.
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Uttar Pradesh, the country’s largest sugarcane producer, is expected to see another bumper crop in the coming season. The total area under sugarcane cultivation is estimated to be up by 3-4% year-on-year.

According to industry sources, there is a continuous uptick in sugarcane planting for the 2022-23 (October-September) season, with higher cane prices providing the incentive for farmers to grow the crop instead of paddy and wheat. As per data, the state is estimated to have upward of 2.93 million hectare of land under sugarcane cultivation in 2022-23, against 2.84 million hectare in 2021-2022 season. The total area under cane was 2.76 million hectare in 2020-21 and 2.74 million hectare in 2019-20.

“The area under cane cultivation has seen a continuous upswing over the years, despite the fact that a clutch of sugar mills still owed farmers more than Rs 7,400 crore. The major reason behind the farmers’ keenness to plant sugarcane is the fact that cane prices in the state are more remunerative as compared to wheat and paddy. Added to this is the fact that most of the sugar mills have cleared their payment to farmers in a time-bound manner,” said a miller. The sugarcane department, on its part, has ensured the easy availability of high-yielding breeder seed to the farmers. “We have engaged women self-help groups (SHGs) in growing new varieties of sugarcane seedling in nurseries. We are also providing fertilisers, pesticides and other essential inputs on easy terms to farmers,” said cane commissioner Sanjay Bhoosreddy, adding that while sowing will continue till October, current data show that the area under cultivation has already seen an increase of 80,000 hectare.

Another reason for farmers turning to cane production is the fact that sugarcane is a sturdier crop compared to wheat and paddy and can withstand the vagaries of weather better that the rest. “While timely and adequate rains are absolutely necessary for wheat and paddy, deficit or late rains are conducive for the sugarcane, which is a major reason for the farmer turning to this crop,” said another miller. This year, the state advised price of sugarcane was Rs 350 per quintal for the early variety, Rs 340 for the normal variety and Rs 335 for the rejected variety. While cane payments of Rs 27,780 crore were cleared till July 5, another Rs 7,400 crore was pending. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-470.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:99:"The total area under cane was 2.76 million hectare in 2020-21 and 2.74 million hectare in 2019-20.
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 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:56:"e-NAM platform linked to private agri-services providers";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:106:"https://www.financialexpress.com/economy/e-nam-platform-linked-to-private-agri-services-providers/2594530/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 05:40:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:11:"agri sector";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:106:"https://www.financialexpress.com/economy/e-nam-platform-linked-to-private-agri-services-providers/2594530/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:55:"17.6 million farmers to get access a host of services

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The government on Thursday announced integration of trading, transportation, logistics, warehousing, assaying, packaging, weather forecast and fintech services provided by 41 private entities with its electronic National Agriculture Market (e-NAM), a move that would make more farmers use the online platform to sell their produce to buyers of their choice.

More than 17.6 million registered farmers, farmer producer organisations (FPOs), traders, commission agents and other stakeholders registered with the eNAM platform can avail these services provided by these private enterprises.

Entities whose digital platforms which have been integrated with eNAM include Star Agrobazaar Technology, Kisan Network, FPO Bazaar, Arya collateral, Aryadhan, Intello Lab, Bijak and Warehousing Development Regulatory Authority.

Agriculture minister Narendra Singh Tomar formally launched the e-NAM platform-of-platforms by stating that this would give a boost to online trade and ensure better price discovery by the platform.

According to an official with Small Farmers’ Agri-Business Consortium (SFAC), which operates the eNAM, the aim behind this integration of platforms by private players under e-NAM is to make available end-to-end services to farmers along with providing a platform for price discovery.

The official said that SFAC is aiming at bringing on board as many players so that farmers have the choice to take agri-services after registering with e-NAM portal.

“Integration of our embedded fintech platform with eNAM will enable access to finance for historically excluded small farmers and strengthen them socioeconomically,” Prasanna Rao, co-founder and CEO, Arya.ag, an agri-fintech platform, told FE.

Currently, 1,000 mandis in 22 states and Union territories are integrated into the e-NAM platform, which was launched in April 2016. At present, 17.3 million farmers, 2100 FPOs, 0226 million traders and around 0.1 million commission agents are registered with e-NAM.

However only 586 mandis are currently providing online trading services to farmers mostly within the states. Inter-state trade in farm produce — a facility for a farmer in one state to sell his produce to buyers in another state — is yet to gather momentum. This is one of the chief objectives of this platform for price discovery.

Because of small land holding of the farmers, SFAC has been focussing on formation of FPOs and encouraging them participate in the e-NAM platform for collective bargaining power. SFAC launched FPO trading module during covid-19 restrictions to enable FPOs to upload their produce from collection centres, farm gate with picture and quality parameter for online bidding, without physically bringing their produce to the mandis. Meanwhile, SFAC has empaneled private banks such as Axis Bank, Kotak Mahindra Bank, HDFC Bank, Indusind Bank and ICICI Bank for provisioning of payment and settlement services for e-NAM transactions.

The empanelment of these banks enables collections and settlement of funds to various e-NAM registered beneficiaries across the country.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-469.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:228:"Entities whose digital platforms which have been integrated with eNAM include Star Agrobazaar Technology, Kisan Network, FPO Bazaar, Arya collateral, Aryadhan, Intello Lab, Bijak and Warehousing Development Regulatory Authority.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-469-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:13;a:6:{s:4:"data";s:21:" 
 
 
 
 
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With Uttar Pradesh government clearing the way for importing 4% coal for both state gencos as well as independent power plants in the state for two months, the Centre is all set to restore the state’s domestic coal supply. Talking to FE, an official of the ministry of power said that railway rake allotment, which was reduced on account of UP’s denial to import coal, will henceforth be restored.

“Lesser number of rakes were being allotted to UP. But now that would be restored to 95% as is being done for other states. Uttar Pradesh will now be on the same footing as other states. It will not be at any disadvantage as far as coal supply is considered,” he said.

On being asked whether the restoration would be just for August and September, the two months for which the state has consented to import coal, or would be extended further, the official said that a call on this would be taken only after two months.

According to sources in the state power department, the Centre had reduced the daily quota of domestic coal allotted to UP from 17 rakes to 11 in the past fortnight, which was severely hampering the state’s power situation. “Many plants in the state were having hardly 1-2 days’ coal reserves. In this scenario, a severe power crisis situation was building up,” an official said, adding that the situation could have turned worse, especially during rains.

It may be mentioned that the Union power ministry had in December asked all utilities in the country to import 4% of their coal requirement for blending and later increased the blending percentage to 10%. It had followed up with a warning that if the gencos do not import 10% of coal for blending by June 15 — they would be penalised and their domestic coal supply would be cut.

According to sources, the restoration of domestic coal is extremely crucial for the state as most plants do not have any stock left and are running at reduced capacities. “We need to have 96% domestic coal stock so as to blend the 4% that will be imported,” said an official.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-468.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:176:"Talking to FE, an official of the ministry of power said that railway rake allotment, which was reduced on account of UP’s denial to import coal, will henceforth be restored.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-468-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:14;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:55:"LIC’s embedded value at Rs 5.41 trillion in March-end";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:101:"https://www.financialexpress.com/market/lics-embedded-value-at-rs-5-41-trillion-in-march-end/2594534/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 05:20:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:3:"LIC";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:101:"https://www.financialexpress.com/market/lics-embedded-value-at-rs-5-41-trillion-in-march-end/2594534/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:180:"LIC commanded a retail market share of 44% in FY22 as compared with 30% for the top three private insurers but has given up share in the last five years; its share in FY17 was 59%.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T05:20:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1879:"
Life Insurance Corporation of India’s (LIC) Embedded Value (EV) was at Rs 5.41 trillion at the end of March, significantly higher than Rs 95,605 crore at the end of March, 2021, the insurer said on Thursday.

The increase is due to the bifurcation of fund into separate participating and non-participating funds, pursuant to changes in the LIC Act, 1956. Earlier, the insurer had only one fund and the valuation surplus from the participating (par) and non-participating (non-par) business was distributed between policyholders and shareholders in a ratio of 95:5.

The insurer said the EV had not fallen since September, 2021 despite a mark-to-market loss of around Rs 40,000 crore. The EV is the present value of future profits plus the market value of net assets. One of the valuation parameters that analysts use is a multiple of the EV.

The LIC stock has lost nearly 25% since it listed on May 17 and closed Thursday’s session at Rs 715.

The state-owned insurer also put the value of its new business (VNB) margin for FY22 at 15.1 % as compared to 9.9% in FY21. The VNB was placed at Rs 7,619 crore as compared to Rs 4,167 crore for the previous financial year. The Annualised Premium Equivalent (APE) for year to March was Rs 50,300 crore, compared with Rs 45,588 crore for the year ended March, 2021.

LIC commanded a retail market share of 44% in FY22 as compared with 30% for the top three private insurers but has given up share in the last five years; its share in FY17 was 59%.

Analysts at JP Morgan recently rated the stock overweight with a price target , for March, 2023 of `840. “Our thesis centres on LIC’s 0.75x Price to Embedded Value — a measure of the market value of an insurer’s current and future policies,” analysts wrote. They estimate a conservative 12% profit CAGR over FY22-25.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-467.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:102:"The LIC stock has lost nearly 25% since it listed on May 17 and closed Thursday’s session at Rs 715.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-467-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:15;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:56:"Imports from Russia jump 272% in April-May to $5 billion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:104:"https://www.financialexpress.com/economy/imports-from-russia-jump-272-in-april-may-to-5-billion/2594365/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 05:10:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:6:"Russia";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:104:"https://www.financialexpress.com/economy/imports-from-russia-jump-272-in-april-may-to-5-billion/2594365/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:134:"To be sure, the growth in import value is substantially driven by a low base and a spurt in global commodity prices in recent months.
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India’s imports from Russia surged 272% in the first two months of this fiscal from a year before to $5.03 billion, as New Delhi stepped up purchases of oil, fertilisers and coal to tackle a growing domestic shortfall of the commodities.

Trade sources told FE that the pace of growth in imports from Russia remained elevated in June as well, albeit on a low base, as New Delhi continued to resist mounting Western pressure to cut trade ties with old ally Moscow following the latter&#8217;s invasion of Ukraine.

However, India&#8217;s exports to Russia plunged 46% on year to just $245 million until May this fiscal, primarily due to logistics and payment issues in the aftermath of Western sanctions on Moscow. Consequently, India’s trade deficit with Russia widened to $4.8 billion until May this fiscal from just $902 million a year before.

Data sourced from the DGCIS showed, between April and May, India’s imports of crude oil from Russia climbed 621% to $3.2 billion, while those of petroleum products jumped 879% to $509 million (see chart). Similarly, imports of coal, coke and briquettes, etc surged 210% to $520 million. Fertiliser purchases, too, spiked 808% to $345 million.

To be sure, the growth in import value is substantially driven by a low base and a spurt in global commodity prices in recent months. The trade sources said, apart from oil and petroleum products, coal imports from Russia continued unabated as the government sought to prevent any crisis in electricity generation during the summer. Three-quarters of the electricity produced in India uses coal and the country imports just under a quarter of its annual consumption of the raw material.

India’s reliance on Russia for fertiliser rose as crisis-ridden Ukraine, another supplier, isn’t in a position to ship out the key farm input. The government has been seeking to keep local supplies steady during the ongoing Kharif sowing season.

As FE had reported earlier, the surge in imports from Moscow suggests New Delhi, a net importer of commodities, has remained steadfast in its commitment to chart its own path despite Western pressure to shun Russian oil, especially when the advanced nations themselves are much bigger buyers of Russian fossil fuels.

Finance minister Nirmala Sitharaman recently defended the move, saying: “I will put my country’s interest first and energy security first. If oil is available and at a discount, why shouldn’t I buy it?” External affairs minister S Jaishankar, too, has decried the “campaign” against India on oil imports from Russia. India’s total oil purchases from Russia in a month would probably be less than what Europe does in an afternoon, he said earlier.

However, given that shipping lines are reluctant to take bookings to and from Russia, especially for dry cargo, Indian exporters haven’t been able to despatch much goods to Russia in the aftermath of the war. In the first two months of FY23, pharmaceutical exports to Russia dropped 34% to $50 million, while supplies of organic chemicals declined 12.5% to $35 million.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-482.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:353:"The trade sources said, apart from oil and petroleum products, coal imports from Russia continued unabated as the government sought to prevent any crisis in electricity generation during the summer. Three-quarters of the electricity produced in India uses coal and the country imports just under a quarter of its annual consumption of the raw material.
";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-482-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:16;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:56:"Google buys 1.2% stake in Bharti Airtel for $700 million";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:105:"https://www.financialexpress.com/industry/google-buys-1-2-stake-in-bharti-airtel-for-700-million/2594506/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 05:00:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:13:"Bharti Airtel";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:6:"Google";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:105:"https://www.financialexpress.com/industry/google-buys-1-2-stake-in-bharti-airtel-for-700-million/2594506/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:332:""We are not developing any exclusive device or anything like that. I think that requires a very different kind of capability set and we would much rather work across every player, whether it's device manufacturer or e-commerce player to really provide smartphone access,” Bharti Airtel chief executive Gopal Vittal had later said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T05:00:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3238:"
In line with the partnership announced at the beginning of this calendar year, Bharti Airtel on Thursday approved allotment of 71 million shares to tech major Google at an issue price of Rs 734 per share.

Google will hold 1.2% of total post-issue equity shares of the company, Bharti said in a regulatory filing.

The company&#8217;s special committee of directors for preferential allotment approved the same, it added.

The committee approved the &#8220;allotment of 71,176,839 equity shares of the face value of Rs 5 each fully paid up, on preferential basis to Google International (Google) at an issue price of Rs 734 per equity share (including a premium of Rs 729 per equity share),&#8221; the filing said.

In January, Google had said that it will invest $1 billion in Bharti Airtel. Of this, $700 million (Rs 734 per share) will be for picking up 1.28% stake in the country&#8217;s second-largest telecom service provider, while the rest will be for multi-year plans related to devices and other programmes around digital inclusion. The development has been viewed as positive which brings greater synergies between over-the-top players (OTT) and access service providers.

This is Google&#8217;s second strategic investment in a telecom access firm. In July 2020, it had picked up a 7.73% stake in Jio Platforms for $4.5 billion. While Jio was valued at Rs 4.36 trillion, the $700 million investment values Bharti Airtel at Rs 4.1 trillion.

The deal with Bharti and earlier with Jio is part of Google&#8217;s India Digitisation Fund through which it has committed to invest $10 billion over 5 to 7 years. Both the deals — the one with Bharti and the earlier one with Jio — does not have any exclusivity, meaning Google is free to forge similar partnerships with other players also.

OTT players cannot afford to have a walled garden approach, meaning providing any exclusive services to one or two players as such an approach will restrict their market.

While Jio, in partnership with Google, has developed an entry-level android smartphone to expand 4G services among the feature phone users, Bharti has ruled out getting into device manufacturing through the partnership with the tech major. &#8220;Together, the companies (Google and Bharti) will continue to explore further opportunities to bring down the barriers of owning a smartphone across a range of price points, in partnership with various device manufacturers,” it had said when the partnership was announced in January.

&#8220;We are not developing any exclusive device or anything like that. I think that requires a very different kind of capability set and we would much rather work across every player, whether it&#8217;s device manufacturer or e-commerce player to really provide smartphone access,” Bharti Airtel chief executive Gopal Vittal had later said.

While the partnership will benefit Bharti by way of building extensive offerings that cover a range of Android-enabled devices, and developing a cloud ecosystem; Google, through this and earlier partnership with Jio, will get access to more than 700 million mobile users in the country.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:68:"https://www.financialexpress.com/wp-content/uploads/2022/07/2-17.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:261:"This is Google's second strategic investment in a telecom access firm. In July 2020, it had picked up a 7.73% stake in Jio Platforms for $4.5 billion. While Jio was valued at Rs 4.36 trillion, the $700 million investment values Bharti Airtel at Rs 4.1 trillion.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:76:"https://www.financialexpress.com/wp-content/uploads/2022/07/2-17-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:17;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:60:"Brent falls below $98/bbl; rupee just shy of 80 vs US dollar";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:119:"https://www.financialexpress.com/market/commodities/brent-falls-below-98-bbl-rupee-just-shy-of-80-vs-us-dollar/2594639/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 04:45:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:11:"Commodities";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:16:"crude oil prices";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:18:"Rupee vs us dollar";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:119:"https://www.financialexpress.com/market/commodities/brent-falls-below-98-bbl-rupee-just-shy-of-80-vs-us-dollar/2594639/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:272:"Citi Group had earlier in the month said Brent might fall to $65 by the end of the current year and $45 by 2023-end. JP Morgan projects the price to hover around $104 a barrel in the remaining period of the current year, but says it may fall a little to $98/bbl next year.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T04:45:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:5143:"
Brent crude fell to $97.5 per barrel on Thursday, its lowest level in four-and-a-half months, brightening the prospects of an improvement in India&#8217;s macro-economic parameters and government finances and a lessening of its external-sector vulnerabilities.

Softening of oil prices — many analysts expect the near-prospects to be benign as the likely US rate hike later this month could hit demand — could cool inflation, lend significant support to the falling rupee, thanks to lower forex outgo on import of assorted commodities and curb budget spend on explicit subsidies.

Lower crude prices could also prompt an immediate review of the recently imposed “windfall taxes” on domestic oil producers and refiners as chances of their super-normal profits have reduced, analysts said. While RIL shares gained nearly 1% to close the session at 2,396.95 on the BSE, the stock of ONGC rallied as much as 6.5% in intra-day trade, before settling at127.15, up 2.2%.

Meanwhile, the rupee lost another 24 paise on Thursday to hit yet another record-low of 79.88 against the greenback, amid expectations of aggressive rate hikes by the Federal Reserve, following the forty-year high US inflation print.

Record FPI outflows from the equity market and a stronger dollar stoked further weakness in the local currency. As the rupee is just 12 paise away from the never-seen 80 per dollar mark, one view is that any further fall in Chinese currency and the euro can drive the Indian currency towards 80.5.

Brent crude price has eased by nearly $15-20 per barrel in the last few weeks. The path that they take in the coming few weeks remains to be seen and it is too early to say that the fall will continue,” Sourav Mitra, director–energy at CRISIL, said.

CLSA said in a report on Wednesday that the previous two weeks had seen a massive crash in the refining spreads of diesel, gasoline and aviation fuel for Indian refiners coinciding with a cool-off in crude prices from the peaks seen in June. “This questions the need for the continuation of the windfall tax imposed about two weeks back,” it said.

India&#8217;s retail inflation remained above the upper band of the central bank’s medium-term target (2-6%) for a sixth straight month in June, On February 25, Brent crude futures traded at $97.93, higher than Thursday price. Since then, prices remained upwards of $100 a barrel, barring a couple of aberrations, putting pressure on global economies, including India which imports around 85% of its crude requirements. India, as the third-largest oil consumer of the world, imported 212 million tonne (MT) crude oil in 2021-22 for $120 billion.

Citi Group had earlier in the month said Brent might fall to $65 by the end of the current year and $45 by 2023-end. JP Morgan projects the price to hover around $104 a barrel in the remaining period of the current year, but says it may fall a little to $98/bbl next year.

Crisil’s director-energy Saurav Mitra recently told FE that the fall in the benchmark Brent price will have a significant positive impact on India and other importing nations, including in terms of a reduction of overall inflationary pressure on these economies. “No doubt, the prices will tend towards moderation from their present levels. However, we expect a significant fall only in the medium-term. The price is forecast to reach $80-82 per barrel by 2024, and moderate to $63-68 starting 2026,” he said.

The government on July 1 slapped export duties on petrol and ATF (Rs 6 per litre) and diesel (Rs 13/litre) and imposed a windfall tax on domestic crude production at Rs 23,250 per tonne.

Meanwhile, according to S&amp;P Global Commodity Insights, India&#8217;s demand for oil products rose 0.7 million barrels per day in June, an increase of 16.3% year-on-year.

The dollar index, which tracks the greenback against a basket of currencies, rose to its highest level since June 2002. “Post US CPI, odds of a 100 basis points (bps) rate hike has increased significantly. Fed is not just hiking; they are increasing the pace of hikes in every meeting. At the same time, US yield curve has become inverted. An inverted yield curve hints at dramatic growth slowdown and even recession,” noted Anindya Banerjee, VP, Currency &amp; Interest Rate Derivatives at Kotak Securities.

Primarily driven by an increase in the trade deficit, India&#8217;s current account deficit stood at 1.2% of GDP in 2021-22. A sudden and sharp surge in gold imports amid wedding season (as many weddings were postponed to 2022 from 2021 due to pandemic-induced restrictions) is also exerting pressure on the CAD. The deficit will deteriorate in 2022-23 on account of costlier imports and tepid exports on the merchandise account, if recession concerns in the west do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the finance ministry said on Thursday, even as it pinned hopes of the potential of robust services exports to moderate the CAD.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-481.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-481-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:18;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:90:"Trade deficit hits $26 billion on rising imports; June exports up 23.52% to $40.13 billion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:136:"https://www.financialexpress.com/economy/trade-deficit-hits-26-billion-on-rising-imports-june-exports-up-23-52-to-40-13-billion/2594642/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 04:30:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:13:"trade deficit";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:136:"https://www.financialexpress.com/economy/trade-deficit-hits-26-billion-on-rising-imports-june-exports-up-23-52-to-40-13-billion/2594642/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:143:"Among high-value segments, the rise in exports in June was led by petroleum products (119%), followed by electronics (61%) and garments (50%).
";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T04:30:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3200:"
Merchandise exports rose 23.5% in June from a year before even on an unfavourable base but a steep 57.6% jump in imports on the back of elevated global commodity prices drove up trade deficit to a new monthly record of $26.2 billion.

With this, trade deficit in the June quarter jumped to a record $70.8 billion, way above that of $31.4 billion in the same quarter last fiscal, according to the provisional data released by the commerce ministry on Thursday.

This will likely inflate the country’s current account deficit for the first quarter of FY23 to more than 3% of GDP, compared with 1.5% in the previous quarter, according to some analysts.

Given the fears of recession in top markets (US and the EU), which have contributed immensely to India’s stellar export performance in FY22, external demand for Indian merchandise may falter in the coming months. The global supply chains, despite some improvement in recent weeks, still remain tangled.

Of course, with softening commodity prices, some pressure on the CAD front is expected to ease in the second half of this fiscal. Moreover, the dramatic rise in imports for a second straight month (even without oil and gems &amp; jewellery, imports jumped as much as 38.3% in June) signals improving domestic demand that had remained subdued for months in the wake of the Covid outbreak.

Exports increased to $40.1 billion in June, a record for the third month of any fiscal, and the growth is slightly higher than May’s 20.6%. Core exports grew 8.7% in June, against 8.6% in the previous month but well below 19.9% in April.

But imports spiked to $66.3 billion from $42.1 billion a year before, driven by a 99% jump in purchases of oil and petroleum products, 261% in coal and 183% in gold.

A spurt in prices inflated petroleum and coal import bill substantially, while massive gold imports were partly driven by jewellers’ bid to build inventory to cater for some pent-up demand. This is partly because many marriages were last year postponed to 2022 due to the pandemic, as pointed out in the finance ministry’s economic report for June. Fitch Ratings has already warned of a doubling of India’s CAD in FY23 to about 3.1% of GDP. Of course, senior government officials have assuaged concerns about financing the CAD.

Among high-value segments, the rise in exports in June was led by petroleum products (119%), followed by electronics (61%) and garments (50%). Aditi Nayar, chief economist at Icra, said while the elevated trade deficit for June poses some upside risks to the CAD for Q1FY23, “the correction in commodity prices has softened the outlook for the ongoing quarter, even though export growth may undergo a slowdown amidst a weaker outlook for the global economy. She projected a modest downsides to our FY23 CAD forecast of $105 billion or 3% of GDP.&#8221;

A Sakthivel, president of the apex exporters’ body FIEO, said the spike in imports is a matter of concern. However, the decent export growth “indicates the strength of the export sector amidst challenging ongoing geo-political and rising global uncertainties”.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-480.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-480-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:19;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:112:"The track to transport decarbonisation: Imperative to boost efficiency of terminal operations through innovation";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:161:"https://www.financialexpress.com/opinion/the-track-to-transport-decarbonisation-imperative-to-boost-efficiency-of-terminal-operations-through-innovation/2594472/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 04:15:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:7:"Opinion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"Indian Railways";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:16:"Railway Ministry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:161:"https://www.financialexpress.com/opinion/the-track-to-transport-decarbonisation-imperative-to-boost-efficiency-of-terminal-operations-through-innovation/2594472/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:220:"This needs increasing the Railways’ share in freight transport to reach 45% by 2030. While route-capacity adequacy will be critical, it is also imperative to boost efficiency of terminal operations through innovation 
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By Viral Joshi A significant element in India’s transport decarbonisation strategy involves improving the Railways’ market share to at least 45% in total freight transport by 2030. It is currently estimated to be at around 26%. Restoring Indian Railways (IR) as a national carrier with a dominant market share is a desirable step as it remains the most environment-friendly mode of land transport.

From the perspective of decarbonising India’s transport sector, focussed initiatives to energise the rail freight business and achieving greater modal share in freight movement is necessary. The government has committed huge investments to augment the line capacity of the railway network, including the construction of Dedicated Freight Corridors. Additionally, the Railways has launched massive electrification of almost the entire network, enabling the movement of citizens and goods involving near-zero carbon emissions.

Augmentation of route capacity and new lines have definitely reduced the transit time, thereby assuring timely delivery of goods. Even as detentions at loading and unloading terminals are responsible for almost three-fourths of total transit time, innovations in terminal operations have received little attention. Loading and unloading operations at almost all goods sheds are done manually, and deficient facilities, scarce mechanisation, and labour shortage often make detention of wagons and goods a common feature. Comprehensive assessment of issues related to terminal operations and remedial measures are far from satisfactory except at a few places. Many freight terminals remain under restriction for days together due to operational constraints, inadequate handling capacity, and other reasons. During 2019-20, around 500 terminals were under restriction for varying periods across the IR network. About 20 terminals were under restrictions for about three months in a year.

Poor release of wagons and heavy pipeline are the most common reasons (91.5%) behind imposing restrictions on further loading by the Railways. Poor release may occur due to inefficient loading/ unloading practices. A heavy pipeline may develop as demand is higher than existing capacity and the terminal needs either expansion or a new terminal to handle the increased traffic. The need is to develop a few but efficient terminals at high demand places. Uncertainty at the unloading terminals could be a reason to explore other options; a recurring and long terminal restriction could deprive Railways of its legitimate traffic.

The manual loading-unloading system of the IR is not only time-consuming but also gets easily affected by factors like labour management and climatic conditions. For areas where freight loading/unloading suffer due to labour issues, mechanisation can work as a better solution to leverage round-the-clock working of terminals. Along with mechanised loading/unloading systems, availability of warehouses will facilitate a faster and round-the- clock clearance of goods, and wharf will be available for placing new rake.

The Railways may consider taking the initiative to introduce mechanised loading/unloading operations at railway goods sheds and start a pilot project in perpetually heavy demand areas by appointing a mechanised handling agency that could undertake loading/ unloading operations at a pre-determined rate, the cost of which can be borne by the user. The Railways can expand its collaboration with Central Warehousing Corporation to develop a larger number of warehouses with mechanised loading/unloading system on railway owned goods sheds. Based on such pilot projects, IR needs to develop its own set of commodity-specific guidelines for mechanical operations.

Infrastructure upgradation and mechanisation will enable the faster evacuation of goods within the free time. It will result in lesser incidences of heavy demurrage and wharfage penalties, removing the unnecessary burden on private players.

Realising the potential of privatisation in increasing the efficiency of terminal operations, IR continues to promote the development of private sidings and private freight terminals under ‘Gati-Shakti Multimodal Cargo Terminal (GCT) Policy, 2021’. Along with easing the application and terminal development conditions, IR has directed zonal railways to open railway land for the freight terminal development. Easy availability of land will attract more players. Assisted sidings also can result in the development of greater number of freight terminals as the development cost will be divided between the Railways and the private player.

While the development of private freight terminals is taking place, the Railways should also focus on improving the existing terminal infrastructure, including access roads, to maximise efficiency. The integrated development approach, where key industrial units and logistics parks, national and state highways and rail freight terminals are incorporated, will not only improve the operational feasibility, but will also capture new traffic.

It is high time for IR to bring in infrastructural and institutional changes focused on freight terminal infrastructure and management in order to meet the envisioned freight demand of 3,000 MT per annum by 2027. (The writer is a Research Associate at The Energy and Resources Institute &#8211; TERI)";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-452.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-452-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:20;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:111:"Need to rethink MSP: Time has come to look at alternatives like deficiency payments &amp; direct income support";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:154:"https://www.financialexpress.com/opinion/need-to-rethink-msp-time-has-come-to-look-at-alternatives-like-deficiency-payments-direct-income-support/2594438/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 04:00:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Opinion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:3:"MSP";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:154:"https://www.financialexpress.com/opinion/need-to-rethink-msp-time-has-come-to-look-at-alternatives-like-deficiency-payments-direct-income-support/2594438/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:180:"While DPPs definitely can be considered as an alternative to MSPs, there is a warrant to consider other options that are non-distortionary like direct income support, for instance.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T04:00:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3470:"
NITI AAyog Member Ramesh Chand has proposed a deficiency price payments (DPP) system as an alternative to the existing practice of procuring food grain at minimum support prices (MSP) for the public distribution system. The proposal has merit and deserves serious consideration. The problems with MSP, a legacy of the green revolution since the late 1960s, are several. They mainly benefit large surplus-producing farmers in the vanguard agrarian regions of Punjab, Haryana and western Uttar Pradesh. They introduce a cost-plus determination to prices that is inflationary over the short-term. Such a regime also encourages cultivation of water-intensive crops like paddy in these regions that are facing groundwater-stress, and the need is for crop diversification. Extending them to more crops, besides wheat and rice, also has serious implications for the exchequer if it is backed by open-ended procurement.

The government spends Rs 35 for ensuring Rs 100 worth of MSP payments to farmers as physical procurement is expensive. More importantly, they don’t insulate farmers from continuing market failures, volatility of prices and sudden supply gluts, especially when bumper harvests are increasingly becoming the new normal unlike the era of food scarcity in the 1960s.

For such reasons, there is a need to rethink MSPs and consider DPPs. The latter compensates farmers for the difference between the MSPs for select crops and their mandi price if it rules at lower levels, and does not entail physical procurement. This is inspired by Madhya Pradesh’s Bhavantar Bhugtan Yojana, introduced in October 2017 following violent agrarian protests in the state against falling crop prices. Subsequently, a price deficiency scheme (largely for oil seeds) formed part of the Pradhan Mantri Annadata Aay Sankrakshan Abhiyan (PM-AASHA). Haryana is currently in the process of rolling it out for a few commodities. Scaling up a DPP to the national level clearly calls for a closer examination how it worked in MP and on a limited scale for oilseeds. Chand himself cautions that DPP cannot be stopped once implemented. In MP, BBY was given up the very next season as traders had gamed the system, widening the gap between mandi price and MSPs, causing an enormous amount of expenditure by the state government. The big question is how feasible is it to roll out such a scheme nationally by cutting out politically-connected intermediaries and transferring deficiency payments into the bank accounts of the farmers. The method of calculation of compensation and paperwork involved also needs to be simplified to enable more small farmers to register for the scheme.

While DPPs definitely can be considered as an alternative to MSPs, there is a warrant to consider other options that are non-distortionary like direct income support, for instance. At a time of agrarian distress, income support schemes—like the transfer of Rs 6,000 into the bank accounts of farmers by the PM-Kisan Samman Yojana—benefit farmers without distorting markets through DPP or MSPs. They have been found to be more inclusive and promote more equity across farm sizes, according to research. There is also a critical mass of quasi-rural basic income schemes like Telengana’s Rythu Bandhu scheme or Odisha’s Krushak Assistance for Livelihood and Income Augmentation, among others, that can serve as a basis or scaling up direct income support for farmers.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-451.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:245:"More importantly, they don’t insulate farmers from continuing market failures, volatility of prices and sudden supply gluts, especially when bumper harvests are increasingly becoming the new normal unlike the era of food scarcity in the 1960s.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-451-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:21;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:46:"Presidential polls: Inequity in representation";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:95:"https://www.financialexpress.com/opinion/presidential-polls-inequity-in-representation/2594461/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 03:45:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Opinion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:25:"President Ram Nath Kovind";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:95:"https://www.financialexpress.com/opinion/presidential-polls-inequity-in-representation/2594461/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:91:"There is a huge discrepancy in the value of the votes of ordinary voters through their MPs
";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:5:"guest";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T03:45:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:6150:"
By Atanu Biswas

The presidential election in the country is scheduled for July 18, and the outcome may be a foregone conclusion. The common electorate, of course, doesn’t directly vote in the presidential election but expresses opinion through the representatives in the state legislative assembly and Parliament. Then, is the value of a common voter the same across the country, or is there any significant difference among different states?

An Electoral College (EC) comprising the MLAs and MPs from various states is constituted for the election of the president and vicepresident of India. Article 81 of the Constitution, of course, requires that each state get seats in Parliament proportional to its population, “so far as practicable”. However, the population in different states is increasing at highly varying rates. India’s crisis of disproportionate representation—mostly due to the unequal amount of successes in population-limiting measures by different states over the years—has been deepening over the last half a century. As Milan Vaishnav and Jamie Hintson pointed out (bit.ly/2JOrk3K), India’s southern population is growing much more slowly than the northern population. This is creating malapportionment in political representation, in addition to several other disparities.

Also, proportional representation is not mandated for Union territories or for states with a population below 60 lakh (as of the 31st Amendment in 1973). And the 84th amendment of the Constitution (2002), extended the “freeze on undertaking fresh delimitation up to the year 2026 as a motivational measure to enable the State Government to pursue the agenda for population stabilisation”. Will the reallocation of Lok Sabha seats then be delayed until the next decennial census after 2026 (which is scheduled to take place in 2031)?

Well, how is the EC actually formed? The value of each common electorate in the presidential election through his/her MLA should be 0.001, that is the combined value of 1,000 voters of a state is 1. For example, the population of West Bengal in 1971 was 44,312,011, and the state has 294 Bidhan Sabha seats. Dividing 44,312,011 by 294,000 and expressing that in the nearest integer, the value of the vote of each MLA of West Bengal is 151. Similarly, the value of the vote of a Rajasthan MLA is 129, that of Kerala is 152, and that in Sikkim is only 7. Proceeding in this way, the combined value of all the 4,120 members of the legislatures across India is 5,49,474.

The total value of the votes of the MPs is also fixed to be the same as the total value of the members of the state legislative assemblies. The number of elected MPs in India is 776, of which 543 are from Lok Sabha and 233 are from Rajya sabha. The value of each MP of the country is assumed to be the same in the EC, and that value is 708. This is obtained by dividing the total value of the MPs by 776 and then expressing it in the nearest integer.

However, there is a huge discrepancy in the value of the votes of ordinary voters through their MPs. For example, the 1971 population of Sikkim is 209,843, and the state has 2 MPs combining both houses of Parliament. So, for Sikkim, the votes of 148 ordinary electorates through their MPs add to 1. On the other hand, the combined value of votes of 1,079 electorates in West Bengal is 1. Similarly, the combined value of 1,040 electorates of Kerala is 1; exactly the same for Rajasthan. The 1971 population is the basis of forming the EC at present.

If we look at the scenario through the lens of the 2011 census data, through their MPs, the combined value of 2,223 electorates of West Bengal would become 1, whereas 431 electorates of Sikkim would correspond to 1. In fact, 1,627 electorates of Kerala would make 1 and 2,766 electorates of Rajasthan together contribute a value of 1. Political scientist Alistair McMillan of the University of Sheffield, UK, showed that (bit.ly/3okuApT), according to the 2001 Census data, Tamil Nadu should have had seven fewer Lok Sabha seats, while Uttar Pradesh should have gained seven more. Following McMillan’s approach, Vaishnav and Hintson found that, in 2026, Tamil Nadu and Kerala should have eight seats less each than the present scenario, and Uttar Pradesh and Bihar should get 11 and 10 seats more, respectively, in order to ensure proportionate representation.

The first three Presidential elections in the country (1952, 1957, and 1962), of course, used the population figures of the 1951 census to find the values of the members of the Electoral College. The next two elections (1967 and 1969) used the population according to the 1961 census. The 1971 census is used thereafter. Certainly, there are changes in the demographic composition of different parts of the country since then.

How to resolve this ever-increasing trend of discrepancy? A proportionate reallocation of Lok Sabha seats after 2031, if that happens, would penalise the southern states for complying with the population-limiting measures, for sure, and would be the ‘pulling off the Band-Aid’ strategy, as indicated by Vaishnav and Hintson. On the other hand, they think that the northern states may argue that the notion of ‘one person, one vote’ is a central tenet of democratic representation. Admittedly, it is never easy to resolve this problem.

McMillan, however, suggested the increase in the number of seats in the Lok Sabha, just enough that the most overrepresented state does not lose any seats under reapportionment. And still, it will possibly not be able to eradicate the controversy. Reforming the composition of the Rajya Sabha is another suggestion that may also solve the problem a bit, of course.

Finding the best solution is not easy, for sure. And India’s malapportionment in representation is getting intensified with every passing day. This should be addressed and resolved with care.

(The author is Professor of statistics, Indian Statistical Institute, Kolkata)";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-450.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:143:"Will the reallocation of Lok Sabha seats then be delayed until the next decennial census after 2026 (which is scheduled to take place in 2031)?";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-450-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:22;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:64:"Non-food credit sustains momentum; maintains double-digit growth";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:113:"https://www.financialexpress.com/economy/non-food-credit-sustains-momentum-maintains-double-digit-growth/2594517/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 03:30:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"ECONOMY";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:113:"https://www.financialexpress.com/economy/non-food-credit-sustains-momentum-maintains-double-digit-growth/2594517/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:253:"On the corporate side, companies are ready to borrow from banks after undergoing deleveraging over the past few years as recovery in economic activity and increased investments and consumption may sustain the momentum, ICICI Securities had said earlier.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T03:30:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2056:"
The pace of growth in non-food credit grew by 13.8% on year in the fortnight ended July 1, as per data released by the Reserve Bank of India (RBI), sustaining double-digit growth for three fortnights in a row. The non-food credit has clocked more than 10% growth in each fortnight of the first quarter of the current financial year, except for the fortnight ended May 20.

Outstanding non-food credit as on July 1 stood at Rs 120.99 trillion, higher than Rs 108.45 trillion in the same fortnight a year ago. Deposit growth, which had moderated in the previous fortnight ended June 17, also grew 9.77% on year to Rs 169.6 trillion.

Among the recently reported loan growth data by some private banks for Q1FY23, HDFC Bank posted a 21.5% on year growth in advances to Rs 13.95 trillion as on June 30, 2022. Other banks such as Federal Bank, IndusInd Bank, CSB Bank and AU Small Finance Bank (SFB) reported double-digit loan growth during the quarter.

Top private sector banks such as ICICI Bank, HDFC Bank and Axis Bank maintained strong mortgage disbursements, brokerage Emkay Global Financial Services said in a report. Armed with cost advantage and improved turnaround time, banks have gained market share in home loans as State Bank of India (SBI), other public sector banks are also trying to bolster home loans, it said. Although overall credit growth remains healthy, led by retail, analysts believe that large private banks will be better placed to capture retail growth momentum due to better technology.

On the corporate side, companies are ready to borrow from banks after undergoing deleveraging over the past few years as recovery in economic activity and increased investments and consumption may sustain the momentum, ICICI Securities had said earlier.

Although Q1FY23 has seen robust growth in credit, analysts at Kotak Institutional Equities said that the growth has not been evenly spread out across segments as loan growth is led by the metropolitan area, rising from a lower base.&nbsp; ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-464.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:161:"The non-food credit has clocked more than 10% growth in each fortnight of the first quarter of the current financial year, except for the fortnight ended May 20.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-464-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:23;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:79:"Supreme Court sets aside order to Subrata Roy to appear before Patna High Court";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:130:"https://www.financialexpress.com/industry/supreme-court-sets-aside-order-to-subrata-roy-to-appear-before-patna-high-court/2594513/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 03:15:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:5:"Patna";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:11:"Subrata Roy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:13:"Supreme Court";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:130:"https://www.financialexpress.com/industry/supreme-court-sets-aside-order-to-subrata-roy-to-appear-before-patna-high-court/2594513/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:247:"The HC directions were issued on various anticipatory bail applications filed in cheating cases committed by non-banking finance companies (NBFCs). More than 600 applications are pending for the release of the matured amount by the Sahara company.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T03:15:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2213:"
Setting aside Patna High Court&#8217;s order that summoned Sahara group chief Subrata Roy in an anticipatory bail case completely unrelated to him, the Supreme Court on Thursday said that the HC had exceeded its jurisdiction by asking him to come personally in the cheating case to explain his plan to refund matured deposits to the small investors of his group companies.

A bench led by Justice AM Khanwilkar expressed its displeasure, saying the judge had stepped out of bounds. “This was a case of anticipatory bail of another person. This was also not a PIL. In my limited experience of 22 years as a judge, I can say this order has gone beyond its jurisdiction. (Summoning order), in our opinion, is impermissible and cannot be countenanced,” Justice Khanwilkar observed, adding that the judge had no power to add unrelated third parties in a bail plea.

The apex court had earlier stayed the HC’s orders of February 11 and April 27 against Roy and its firm Sahara Credit Cooperative Societies. Roy or the Sahara Group had no nexus with the original criminal complaint and the Sahara chief was not a party to the cases, his counsel had argued, adding that despite that the HC had issued a summoning order in the “most arbitrary manner”.

The HC directions were issued on various anticipatory bail applications filed in cheating cases committed by non-banking finance companies (NBFCs). More than 600 applications are pending for the release of the matured amount by the Sahara company.

Roy in its appeal had told the apex court that the HC could not have used its powers under Section 438 CrPC to “virtually convert the anticipatory bail proceedings into an omnibus exercise for recovering disputed dues and resolving alleged claims of fraud and cheating involving the public at large in Bihar.”

While the HC had also issued directions to the Reserve Bank of India for creating awareness regarding the functioning of Nidhi companies and also directed registration of a PIL in the alleged fraud by these companies, it had also impleaded Sebi, RoC (Bihar), ministry of corporate affairs, department of economic affairs, etc in these proceedings.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-463.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:327:"Roy in its appeal had told the apex court that the HC could not have used its powers under Section 438 CrPC to “virtually convert the anticipatory bail proceedings into an omnibus exercise for recovering disputed dues and resolving alleged claims of fraud and cheating involving the public at large in Bihar.” (File image)
";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-463-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:24;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:71:"L&amp;T Infotech reports marginal drop in Q1 net profit at Rs 634 crore";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:115:"https://www.financialexpress.com/market/lt-infotech-reports-marginal-drop-in-q1-net-profit-at-rs-634-crore/2594526/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 03:00:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:24:"Larsen & Toubro Infotech";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:115:"https://www.financialexpress.com/market/lt-infotech-reports-marginal-drop-in-q1-net-profit-at-rs-634-crore/2594526/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:232:"LTI’s consolidated revenue from operations rose 5.14% to Rs 4,522.8 crore from Rs 4,301.6 crore recorded during the previous March quarter, and a 30.62% increase from Rs 3,462.5 crore recorded during the year-ago period, it added.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T03:00:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2824:"
Larsen and Toubro Infotech (LTI), a subsidiary of construction major Larsen &amp; Toubro (L&amp;T), has posted a marginal fall of 0.5% in consolidated net profit at Rs 634.4 crore for the quarter ended June 30. In comparison, the technology firm had posted a net profit of Rs 637.5 crore in the sequential fourth quarter ended March.

However, the company’s earnings beat Bloomberg analysts’ consensus estimate, who were expecting the firm to post a net profit of Rs 578.6 crore in the first quarter of this financial year.

On a year-on-year basis, the global technology consulting and digital solutions company’s net profit rose 27.70% from Rs 496.8 crore recorded in the June quarter of last fiscal, it said in a statement.

LTI’s consolidated revenue from operations rose 5.14% to Rs 4,522.8 crore from Rs 4,301.6 crore recorded during the previous March quarter, and a 30.62% increase from Rs 3,462.5 crore recorded during the year-ago period, it added.

“LTI posted a 2.9% q-o-q constant currency growth, while that on a year-on-year basis was 26%. We had a seasonal pass-through (licence payment) in the fourth quarter and our revenue growth was adjusted for that, or else it would have been 5.1% in constant currency terms. We also closed four large deals with a net new TCV (total contract value) of $79 million during the quarter, and two of these are with global Fortune 500 clients,” LTI president sales and executive board member Sudhir Chaturvedi said.

LTI, together with Mindtree, also signed one large deal (with a Europe-based travel technology company) during the quarter.

“This is a playbook example of how we plan to leverage our joint capabilities to drive growth across both companies in the large deal space. Our large deal pipeline continues to be at the same level as of the fourth quarter and we have a pipeline of over $2 billion at this point,” Chaturvedi added.

Earlier in May, Larsen &amp; Toubro Infotech and Mindtree – both subsidiaries of L&amp;T &#8212; announced plans to merge the companies to create a $3.5-billion IT services provider.

“A steering committee has been set up, which is meeting regularly to oversee the integration. The regulatory process also remains on track largely, and we have received approvals from the stock exchanges,” LTI wholetime director and COO Nachiket Deshpande said.

LTI is also on track with its hiring plans, Deshpande said, adding that its hiring engine continues to “work well”. “Our headcount addition was over 2,100 in the first quarter, which has been in line with the previous quarters as we continue to build pay for strong Q2. We also remain on track for our fresher hiring plan to hire at least 6,500 freshers in FY23,” he added.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-466.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:203:"On a year-on-year basis, the global technology consulting and digital solutions company’s net profit rose 27.70% from Rs 496.8 crore recorded in the June quarter of last fiscal, it said in a statement.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-466-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:25;a:6:{s:4:"data";s:21:" 
 
 
 
 
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American hospitality major Marriott International is looking to explore more offbeat locations in India as it formally announced on Thursday the opening of Courtyard by Marriott Aravali in Faridabad, Haryana. The company is also planning to open a hotel in Jim Corbett National Park in Uttarakhand, apart from starting a new project in Shimla, Himachal Pradesh.

While Courtyard by Marriott is designed for the upscale tier, with its overall products and services geared towards business travellers, the new Courtyard by Marriott Aravali is the first resort property under the brand in India. This is also the 23rd Courtyard by Marriott property in the country and second in Delhi-NCR after Courtyard by Marriott Gurugram.

Marriott International now has 131 hotels and resorts under its umbrella in India, spanning 16 brands like St Regis Hotels &amp; Resorts, The Ritz-Carlton, JW Marriott, W Hotels, The Luxury Collection, Westin, Marriott Hotels, Sheraton, Renaissance Hotels, Marriott Executive Apartments, Le Meridien, Aloft, Tribute Portfolio, Courtyard by Marriott, Four Points by Sheraton, and Fairfield by Marriott.

Talking to FE, Arun Kumar &#8212; market VP &#8212; North India, Nepal and Bhutan of Marriott International &#8212; said that Courtyard by Marriott Aravali will attract leisure customers who will drive from Delhi and nearby destinations as well as cater to wedding demand. The new property will also appeal to companies who do their offsite meetings and incentive trips, he added.

Globally, Marriott International has over 1,200 Courtyard hotels, with a major chunk concentrated in the USA. Kumar said that the brand recall of Courtyard by Marriott is very high and that ties into what the company is trying to do in India and get the customers who understand the brand to use the new resort.

Although the company did not disclose any timeline, it confirmed that a new JW Marriott hotel would open in Jim Corbett National Park. “That is something I am looking forward to. Such destinations are catching up. Wildlife tourism is also increasing,” Kumar said. Another property of the same brand will open in Ranthambore National Park by CY2025.

At present, Marriott International does not have any property in Himachal Pradesh. However, a new JW Marriott hotel will come up in the state&#8217;s capital, Shimla, by CY2025. Marriott International, by CY2025, will also have new properties under Marriott Marquis and St Regis brands in Delhi.

According to Kumar, the corporate bookings, at different hotels of Marriott International in the regions, he is heading, have reached 60% of the CY2019 levels.

As inbound tourism has still not touched the pre-Covid levels, the domestic market continues to drive demand. “Now 88% of our business comes from local Indian travellers. It is going to get balanced off as international travel comes in,” Kumar added.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-465.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:152:"The company is also planning to open a hotel in Jim Corbett National Park in Uttarakhand, apart from starting a new project in Shimla, Himachal Pradesh.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-465-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:26;a:6:{s:4:"data";s:24:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:69:"General insurance: Flight delayed? Know how travel insurance can help";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:125:"https://www.financialexpress.com/money/insurance/general-insurance-flight-delayed-know-how-travel-insurance-can-help/2594509/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 02:30:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:9:"Insurance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:5:"Money";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:17:"general insurance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:16:"insurance sector";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:16:"Travel Insurance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:125:"https://www.financialexpress.com/money/insurance/general-insurance-flight-delayed-know-how-travel-insurance-can-help/2594509/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:96:"Travel insurance can compensate passengers if a flight gets delayed, re-scheduled or cancelled 
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Flight delays are the most annoying part of travellers’ lives. Yet they happen for multiple reasons. Between January and May 2022, over four lakh travellers were affected due to flight delays, according to DGCA data. Travel insurance with flight delay cover can help travellers in such cases.

“Travel insurance policy that covers flight delay can come to the rescue of travellers to cover the cost of incidental expenses at the airport if the flight departure is delayed beyond the prescribed duration (120-150 minutes),” says Adarsh Agarwal, chief distribution officer, Digit Insurance.

What is covered? An insurer will compensate its customers if a flight gets delayed due to inclement weather, non-availability of key airline crew or support employees, technical issues or equipment failure in the aircraft, air traffic congestion, operational problems like crew scheduling issues, or delays due to cancellation or rescheduling of other flights.

When a claim is not paid A claim may not be paid if the delay is duly communicated prior to the scheduled departure, or in case an advance notice has been issued about strike or labour disputes or permanent withdrawal of services by the airline. “Policyholders should check the exact terms and coverage provided by insurance providers,” says Agarwal.

How to claim The amount of the claim depends on the premium paid for the policy. Domestic and international travel insurance have different kinds of benefits respectively. There are different policies for student travel, family travel and senior citizen travel.

“In case of a delayed, rescheduled, or cancelled flight, you can get compensated if you have an insurance policy which covers it. You can also claim compensation for any difference in the amount of flight ticket, added with the charges of accommodation,” says Indraneel Chatterjee, co-founder, RenewBuy.

If the policyholder has to spend the night in a hotel due to delays, then even the overnight accommodation charges are borne by the insurance companies.

“However, one has to be careful while buying the policy and understand what all are covered in the policy. The consumer can reach out to insurance agents through online channels or phone calls, for claiming the settlements. The turnaround time depends on the insurance company and type of claims,” says Chatterjee.

Monsoon flight delays Any delay caused by a carrier due to inclement weather may be covered by the insurer. “Flight delays make the policyholders eligible for compensation in case there is a delay of two hours or more, due to the monsoon rains,” says Chatterjee.

International flight delays If an international flight gets delayed beyond the prescribed time, an insurer pays a fixed benefit to the customer. The compensation amount varies from insurer to insurer. Beyond flight delays, international travel insurance usually helps in protecting against unexpected events that can impact one’s finances during travel. Emergency medical expenses, loss of baggage, delay of checked-in baggage, trip cancellation, loss of passport, health issues and accidental death, etc., are usually covered under international travel insurance.

“In case of international flight delays, the policyholder can avail F&amp;B and accommodation (in case of overnight or longer delays) and get the same reimbursed from the insurer. If there is a change in the flight route due to any unavoidable circumstance, one can cancel the trip and settle the claim from his insurer,” says Chatterjee.

Travel claims Always buy travel insurance before an international trip The claim amount depends on premium paid &amp; policy terms Monsoon flight delays of two hours or more are covered There are various policies for different kinds of travel plans For claims settlement, you can connect with insurance agents either online or via phone calls";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-461.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:75:"Travel insurance with flight delay cover can help travellers in such cases.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-461-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:27;a:6:{s:4:"data";s:24:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:59:"Financial goals: Life insurance aims to replace lost income";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:116:"https://www.financialexpress.com/money/insurance/financial-goals-life-insurance-aims-to-replace-lost-income/2594445/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 02:15:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:9:"Insurance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:5:"Money";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:14:"financial plan";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:18:"Financial planning";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:14:"life insurance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:116:"https://www.financialexpress.com/money/insurance/financial-goals-life-insurance-aims-to-replace-lost-income/2594445/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:119:"A judicious mix of term, endowment/whole-life and annuity insurance policies can meet the most sensitive goals of life
";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T02:15:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2848:"
There are two types of financial goals in life — insurance and investment goals. Certain goals can be better realised through insurance. All sensitive goals of life fall under this category. The risk of dying prematurely, leaving behind dependents with no or little stable income is one such risk. The risk of becoming physically or mentally incapacitated resulting in loss of earning capacity is another risk which can affect the standard of living of a family, education and marriage of children and more.

These financial risks can be managed by various life insurance/annuity products. A judicious mix of term, endowment/whole-life and annuity policies can meet the most sensitive goals of life.

Investment goals, on the other hand, can vary from individual to individual. It can be buying a luxurious house at a prime location or buying a premium segment car or going for a vacation abroad. There is nothing wrong in dreaming big. People have started to believe that by investing in areas which promise high returns, it is possible to fulfil some dreams of life. They are willing to take risks for the possibility of earning high returns.

Insurance goals The problems start when one tries to achieve even insurance goals with the help of investment products. When the objective is to reach insurance goals, an individual cannot afford to take chances. If one wishes to achieve investment goals with the help of insurance products, he will not be successful as insurance goals can never be compromised.

Though there is a common perception that life insurance policy is profitable only in the event of death, it is the result of inappropriate positioning of life insurance in the financial market by the insurers. For the better understanding of the insuring public, we can say that no one makes a windfall when someone dies. Life insurance is a mechanism to arrange replacement of lost income.

It is designed to give the family some money which enables it to reach the insurance goals of the deceased life assured. Again, if the life assured is alive on the date of maturity, he has not incurred any loss. For one, he has got back the sum assured either in lump sum or in instalments along with a bonus which is pretty decent. Secondly, he has enjoyed the risk cover for a long period which must have given him reasonable peace of mind.

The insuring public needs to understand the value of this peace which life insurance products alone can generate in the world. In India, insurance goals are sometimes undermined and disproportionately larger emphasis is given on investment goals. We have to value attainment of insurance goals if we want to live and work with peace and dignity.

The writer is an insurance industry analyst";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-460.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:207:"People have started to believe that by investing in areas which promise high returns, it is possible to fulfil some dreams of life. They are willing to take risks for the possibility of earning high returns.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-460-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:28;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:57:"Drop in global cotton prices to benefit textile exporters";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:118:"https://www.financialexpress.com/market/commodities/drop-in-global-cotton-prices-to-benefit-textile-exporters/2594417/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 02:00:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:11:"Commodities";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:6:"cotton";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:118:"https://www.financialexpress.com/market/commodities/drop-in-global-cotton-prices-to-benefit-textile-exporters/2594417/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:253:""In the fabrics segment, India is likely to dominate the global market in coming months for the same reasons,” says Bharat Chhajed, former president of Powerloom Development &#038; Export Promotion Council (PDEXCIL), set-up by the Government of India.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:5:"guest";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T02:00:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3530:"
By Nayan Dave

Decreasing global prices of cotton coupled with depreciation of the Indian rupee against US dollar have provided much needed succour to the ailing textile industry.

Textile traders are anticipating fresh export orders, especially for fabrics in the next couple of months. Currently cotton prices are at a 20-month low and they are likely to go further down following large scale sowing in cotton producing states including Gujarat, Maharanee’s, Madhya Comradeship, Easthampton, Punjabi, Hardpan, Carnation, Permanganate, Tamil Nada and Andorra Comradeship.

In fact, cotton brokers are anticipating a cooling off of cotton prices to below Rs 65,000 per candy (356 kg per candy) once the fresh cotton crop hits the market in October this year.

“Export demand for fabrics and ready-made garments is likely to witness growth in the wake of gradual reduction in cotton prices,” said an industry observer.

As far as garments are concerned, Bangladesh and Vietnam are the major gainers in international markets compared to India. These two countries are benefiting from China-plus-one policy adopted by European nations and the US.

Besides, disturbances in Sri Lanka too have resulted in diversion of exports business to both these nations, according to industry sources. &#8220;In the fabrics segment, India is likely to dominate the global market in coming months for the same reasons,” said Baccarat Chhajed, former president of Powerloom Development &amp; Export Promotion Council (PDEXCIL), set-up by the Government of India.

Depreciation of the rupee against the US dollar is likely to bring windfall gains for Indian textile exporters as compared to their Chinese counterparts, claims Chhajed.

According to him, at present units working in the entire textile value chain are making losses due to existing raw-material inventories they have purchased at higher rates.

Vinay Thadani, CEO of Vishal Fabrics Limited, one of the leading denim makers in the country, said that competitiveness of denim exporters from India has improved significantly following continuous fall in cotton prices. “Denim exporters were finding it difficult to stand against Chinese competitors as raw material (cotton) rates went up from Rs 40,000 to Rs 50,000 to as high as Rs 1.10 lakh per candy in a span of the last 18 to 20 months.

Cotton sowing figures are encouraging and the textile industry is expecting an increase in cotton harvest this season. &#8220;Raw material will be available at cheaper rates and ultimately production cost will also go down,” says Thadani.

He however said that textile demand is likely to remain muted for a period of a month or two but after that the price of cotton is likely to stabilise.

Spinners, however, are not likely to benefit from falling cotton prices as prices of cotton yarn are decreasing faster than cotton, claimed Gautam Dhamsania, adding, “In this declining trend of cotton prices, weavers are demanding yarn at lower prices in anticipation of further fall in cotton rates. As far as spinners are concerned, they will be able to operate with profitability only after October once fresh stock of cotton will hit the market, &#8221; he said.

He was however bullish over overall prospects for the textile industry as a whole including that of spinning segment in the long run following increase in cotton acreage under cultivation.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-445.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:183:"In fact, cotton brokers are anticipating a cooling off of cotton prices to below Rs 65000 per candy (356 kg per candy) once the fresh cotton crop hits the market in October this year.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-445-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:29;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:70:"Mental health AI assistant Wysa secures $20 million to expand globally";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:120:"https://www.financialexpress.com/industry/mental-health-ai-assistant-wysa-secures-20-million-to-expand-globally/2594498/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:45:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:23:"Artificial Intelligence";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:120:"https://www.financialexpress.com/industry/mental-health-ai-assistant-wysa-secures-20-million-to-expand-globally/2594498/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:239:"The company will use the capital to further expand into the US, UK, India and other global markets across enterprises, and health providers as well as to improve wider usability through multi-lingual support and easier access via WhatsApp.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T01:45:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2038:"
Wysa, a digital platform for mental health, on Thursday raised $20 million in a fresh round of funding led by HealthQuad, along with participation from British International Investment (BII). Existing investors W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others also participated in the round.

The company will use the capital to further expand into the US, UK, India and other global markets across enterprises, and health providers as well as to improve wider usability through multi-lingual support and easier access via WhatsApp.

Founded in 2015 by Jo Aggarwal and Ramakant Vempati, Wysa is an automated mental health support app, available both to individuals, through employer benefits programs and healthcare services. The company supports individuals with the help of an “emotionally intelligent” conversational agent which guides users via evidence-based cognitive-behavioural techniques (CBT), meditation, breathing and mindfulness exercises, as well as micro-actions to help build mental resilience skills.

For employers, Wysa offers a workplace solution that caters to the full spectrum of behavioural health needs. This solution embeds into existing company benefits, such as Employee Assistance Programs (EAP) or external health care provider networks, and can be customised by geography or cohort. Currently, Wysa claims to have facilitated over 400 million conversations with 4.5 million users in 65 countries.

“Wysa has not only been extremely successful as a consumer well-being platform but has also developed into a clinically validated, powerful tool to proactively manage mental health and well-being. Wysa meets people where they are, whether that means a little help with occasional workplace stress, right up to coping with debilitating pain, depression and anxiety. With this funding, we look forward to scaling up further and helping millions of more people,” said Ramakant Vempati, co-founder of Wysa in a statement.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-458.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:143:"Existing investors W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others also participated in the round.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-458-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:30;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:88:"India’s horticultural crops output increase marginally to 341 million tonne in 2021-22";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:146:"https://www.financialexpress.com/market/commodities/indias-horticultural-crops-output-increase-marginally-to-341-million-tonne-in-2021-22/2594490/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:30:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:11:"Commodities";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:16:"farmers in India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:146:"https://www.financialexpress.com/market/commodities/indias-horticultural-crops-output-increase-marginally-to-341-million-tonne-in-2021-22/2594490/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:76:"Horticultural crop output continues to be higher than foodgrain production

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India’s production of horticultural crops consisting of fruits, vegetables, spices, medicinal plants and plantation crops in the crop year 2021-22 (July-June crop year) grew by around 2% to 341 million tonne (mt) against 334 mt reported in 2020-21.

The horticultural crops production continues to be higher than the foodgrain production. As per the third advance estimates for the foodgrains production released in May, India’s output of rice, wheat and pulses in 2021-22 crop year was estimated at a record 314.51 mt.

“Increase in production of fruits, vegetables and honey while decrease in production of spices, flowers,aromatics and medicinal plants and plantation crops over previous year, is envisaged,” according to an official statement after the release of second advance estimates of horticultural crops production.

The vegetables production grew marginally to 204.61 mt in 2021-22 compared to 200.4 mt as per the final estimate for 2020-21.

The production of onion is estimated to rise by close to 19% to 31.7 mt in 2021-22 against 26.6 mt reported in the previous year.

At the same time, the production of potato is estimated to decline by 4% in the current crop to 53.6 mt from 56.2 mt reported in 2020-21. The output of tomato is estimated to decline by 4% in the current crop year to 20.3 mt compared to 21.18 mt as per final estimate for 2020-21.

In case of fruits production, the second advance estimate pegs the output at 107.1 mt in 2021-22 compared to 102.5 mt reported in the 2020-21 crop year.

Amongst the key fruits, banana production is estimated to witness a growth of 6% to 35.13 mt in 2021-22 compared to 2021-22 while the mango output is estimated at 20.3 mt in 2021-22 which is marginal decline from the previous year.

As per the agriculture ministry data, India’s horticulture crop production was a record 334.6 mt in 2020-21, which was 4.4% more than the final estimate of 320.4 mt in 2019-20.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-457.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:126:"The vegetables production grew marginally to 204.61 mt in 2021-22 compared to 200.4 mt as per the final estimate for 2020-21.
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 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:48:"COAI welcomes Adani Group’s foray into telecom";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:96:"https://www.financialexpress.com/industry/coai-welcomes-adani-groups-foray-into-telecom/2594487/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:15:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:11:"Adani Group";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:4:"COAI";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:6:"Telcos";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:16:"telecom industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:96:"https://www.financialexpress.com/industry/coai-welcomes-adani-groups-foray-into-telecom/2594487/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:230:"Last week, Adani Group said that it has no plans to enter into consumer mobility. Further, its decision to participate in the auction gave the perfect opportunity to the telecom firms to once again put forward their point of view.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T01:15:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1832:"
Telecom operators have welcomed Adani Group&#8217;s entry into the telecom sector by way of applying for spectrum auctions for private network solutions. In a statement on Thursday, the Cellular Operators Association of India (COAI) &#8212; of which Reliance Jio, Bharti Airtel, and Vodafone Idea are members &#8212; said that the right way for enterprises is to participate in the auctions and acquire spectrum.

COAI is opposed to direct allocation of spectrum to enterprises for private networks as they feel it upsets the level playfield. “We are happy to note that the companies wanting to use 5G spectrum have made applications for open bidding of the spectrum through a transparent auction process, which ensures that a level playing field is maintained and all interested parties bid for the spectrum required by them,” the industry body said.

Last week, Adani Group said that it has no plans to enter into consumer mobility. Further, its decision to participate in the auction gave the perfect opportunity to the telecom firms to once again put forward their point of view.

“The spectrum should not be provided on the administrative basis as it leads to no business case for the rollout of 5G networks in the country. If the independent entities set up private captive networks with direct 5G spectrum allotment by DoT, it will diminish the revenue so much that there will be no viable business case left for the telecom service providers (TSPs) and there will not remain any need for 5G networks rollout by TSPs,” COAI said in a statement.

It further said the country’s structured licensing framework has helped orderly growth of India’s digital connectivity landscape and the opening up of access to spectrum to enterprises directly disturbs the level playing field.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-456.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:231:"It further said the country’s structured licensing framework has helped orderly growth of India’s digital connectivity landscape and the opening up of access to spectrum to enterprises directly disturbs the level playing field.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-456-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:32;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:56:"Aquafina case: No SC stay on proceedings against PepsiCo";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:106:"https://www.financialexpress.com/industry/aquafina-case-no-sc-stay-on-proceedings-against-pepsico/2594635/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:12:57 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:13:"PepsiCo India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:106:"https://www.financialexpress.com/industry/aquafina-case-no-sc-stay-on-proceedings-against-pepsico/2594635/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:71:"The matter relating to the seizure soft drink bottles pertains to 2013.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T01:13:02+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:966:"
The Supreme Court on Thursday refused to stay the criminal proceedings initiated by the Kerala state authorities against Pepsico Holdings for allegedly failing to prominently display the “declaration related to the selling price and month and year of packing” on its ‘Aquafina’ bottled water, which was seized during a 2016 inspection, and its soft drink bottles, Miranda and 7Up, which allegedly did not have the name and address of the person/office to whom a consumer complaint could be made.

The matter relating to the seizure soft drink bottles pertains to 2013.

A bench led by Justice Dinesh Maheshwari sought a response from the Kerala government and the state Legal Metrology department on the Pepsico’s appeals seeking quashing of the complaints and setting aside of the trial courts’ orders that took cognisance of the 2017 and 2014 complaints “without showing any application of mind, in a mechanical manner&#8221;.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:68:"https://www.financialexpress.com/wp-content/uploads/2022/07/2-16.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:359:"A bench led by Justice Dinesh Maheshwari sought a response from the Kerala government and the state Legal Metrology department on the Pepsico’s appeals seeking quashing of the complaints and setting aside of the trial courts’ orders that took cognisance of the 2017 and 2014 complaints “without showing any application of mind, in a mechanical manner".
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 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:61:"ACC June quarter profit falls 60% on rising global fuel costs";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:111:"https://www.financialexpress.com/industry/acc-june-quarter-profit-falls-60-on-rising-global-fuel-costs/2594601/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:11:46 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:3:"ACC";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:111:"https://www.financialexpress.com/industry/acc-june-quarter-profit-falls-60-on-rising-global-fuel-costs/2594601/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:213:"The company’s Ebitda during the quarter fell 51% to Rs 426 crore from the year-ago period due to significant impact of fuel cost increase. As of June 30, ACC’s cash and cash equivalent stood at Rs 4,517 crore.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T01:11:49+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2206:"
Cement maker ACC on Thursday posted a drop of 60.07% in its consolidated net profit at Rs 227.35 crore in the second quarter ended June 30, impacted mainly by rising global fuel costs, even as the demand outlook is “positive”.

ACC, a subsidiary of Switzerland-based building materials conglomerate Holcim, follows a January-December financial year.

A consensus estimate of Bloomberg analysts was expecting the firm to post a net profit of Rs 296.6 crore in the June quarter.

In comparison, the company had posted a consolidated net profit of Rs 569.45 crore for the same quarter of last financial year. During the three-month period under review, ACC’s revenue from operations rose 15% to Rs 4,468.42 crore from Rs 3,884.94 crore, the company said in a regulatory update.

During the reporting quarter, the firm’s power and fuel costs rose to Rs 1,311.92 crore, up 58% from Rs 830.17 crore recorded during the comparable year-ago quarter.

“The April-June quarter was impacted by rising global fuel costs and related inflationary impacts. We were able to mitigate part of this impact through our efficiency project ‘Parvat’. The cost reduction journey will be further accelerated with commissioning of waste heat recovery projects in Jamul, Kymore and Ametha plants taking the share of green power to 15%,” ACC MD and CEO Sridhar Balakrishnan said.

“The integrated unit at Ametha will be commissioned in the fourth quarter of 2022. Land acquisition and other actions for the grinding unit project at Salai Banwa are progressing as per schedule,” he added.

The company’s Ebitda during the quarter fell 51% to Rs 426 crore from the year-ago period due to significant impact of fuel cost increase. As of June 30, ACC’s cash and cash equivalent stood at Rs 4,517 crore.

“Prediction of a normal monsoon will augur well for the rural economy. We maintain a positive outlook for demand in the coming months,” it added.

Shares of ACC closed 0.8% lower at Rs 2,156.40 on the BSE. The stock has outperformed benchmark Sensex over the last six months with 8.6% fall against the Sensex’ loss of 12.8%.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-479.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:125:"A consensus estimate of Bloomberg analysts was expecting the firm to post a net profit of Rs 296.6 crore in the June quarter.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-479-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:34;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:49:"At Rs 14.6 crore, Dabur CEO pay rises 43% in FY22";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:98:"https://www.financialexpress.com/industry/at-rs-14-6-crore-dabur-ceo-pay-rises-43-in-fy22/2594607/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:10:22 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:5:"Dabur";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:98:"https://www.financialexpress.com/industry/at-rs-14-6-crore-dabur-ceo-pay-rises-43-in-fy22/2594607/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:349:"The company said that at the end of FY22, it had 12 brands above Rs 100 crore in size, two brands over Rs 500 crore and another four brands that have a turnover above Rs 1,000 crore. “By the end of this fiscal, we have two more brands – Meswak and Real Drinks – joining the coveted Billion Rupee Turnover Club,” it said in the annual report.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T01:10:26+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2668:"
Dabur chief executive officer (CEO) Mohit Malhotra took home over Rs 14.60 crore as remuneration in the financial year 2021-2022, a near 43% jump over Rs 10.22 crore that he earned in the last financial year.

Malhotra, who could be among the highest paid CEOs in the FMCG industry, earned salary and perquisites of over Rs 11.55 crore while performance-linked incentives were at `2.5 crore and retiral benefits of close to Rs 55 lakh, according to the company’s annual report for the financial year ended March 31.

PD Narang, the company’s group director of corporate affairs, earned over Rs 16.74 crore during the year, a 32% surge over last year’s compensation of Rs 12.72 crore.

Dabur’s revenue from operations for the full year ended March 31 increased nearly 14% to Rs 10,889 crore. The India standalone business&#8217;s revenue increased by 13.8% while international business registered a growth of 15.8% in cross currency terms. Ebitda for the full year increased 12.5% y-o-y to Rs 2,254 crore, while operating margins declined 20 basis points to 20.7% due to high material inflation.

The company said that at the end of FY22, it had 12 brands above Rs 100 crore in size, two brands over Rs 500 crore and another four brands that have a turnover above Rs 1,000 crore. “By the end of this fiscal, we have two more brands – Meswak and Real Drinks – joining the coveted Billion Rupee Turnover Club,” it said in the annual report.

Mohit Burman, vice-chairman, Dabur said in his address to shareholders: “We have recorded our highest ever revenue growth in the last eight years. Our consolidated revenue crossed Rs 10,000-crore mark for the first time with an annual growth of 13.9%. This surge in growth is despite accelerating inflationary pressure in the last quarter and demonstrates Dabur’s remarkable resilience and agility.”

CEO Mohit Malhotra said that e-commerce has become the most preferred method of purchase by consumers and the trend will only grow. “To leverage the opportunities that the e-commerce space has to offer, Dabur has introduced a series of new products exclusively for online markets…our e-commerce business contributed to 6.5% of our sales in financial year 2021-2022,” he said.

Malhotra added that despite the substantial shrinkage in overall consumption due to high inflation, the company has been able to increase its market share across 99% of its product portfolio. “To overcome the challenges posed by the cost headwinds we aim to leverage our power brands and continue deploying investments and resources behind them,” he said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-477.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:170:"PD Narang, the company’s group director of corporate affairs, earned over Rs 16.74 crore during the year, a 32% surge over last year’s compensation of Rs 12.72 crore.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-477-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:35;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:51:"UpGrad arm buys WOLVES India for undisclosed amount";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:102:"https://www.financialexpress.com/industry/upgrad-arm-buys-wolves-india-for-undisclosed-amount/2594426/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 01:00:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:16:"Ronnie Screwvala";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:102:"https://www.financialexpress.com/industry/upgrad-arm-buys-wolves-india-for-undisclosed-amount/2594426/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:104:"With 70 professionals, WOLVES has closed over 5,000 placements in technology and product roles, it said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T01:00:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:943:"
UpGrad Rekrut, a fully-owned subsidiary of Ronnie Screwvala-led upGrad, has acquired a 100% stake in WOLVES India, a recruitment and staffing firm for an undisclosed amount, the company said on Thursday.

Bengaluru-based WOLVES India will continue to operate independently. The company claims to specialise in placing high-quality tech talent across startups, along with mid and large-sized organisations in India and overseas. With 70 professionals, WOLVES has closed over 5,000 placements in technology and product roles, it said.

The tech industry in India will continue to observe steady demand for skilled talent and is expected to become a $350 billion market by FY26, according to the release. UpGrad aims to become the largest tech-talent powerhouse. “This (acquisition) aligns with our ambition of becoming the global talent superpower in the next few years,” the management at upGrad Rekrut said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-447.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:151:"“This (acquisition) aligns with our ambition of becoming the global talent superpower in the next few years,” the management at upGrad Rekrut said.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-447-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:36;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:65:"Detect Technologies gets $28 million from Prosus Ventures, others";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:114:"https://www.financialexpress.com/industry/detect-technologies-gets-28-million-from-prosus-ventures-others/2594361/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 00:45:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:3:"ESG";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:114:"https://www.financialexpress.com/industry/detect-technologies-gets-28-million-from-prosus-ventures-others/2594361/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:151:"Detect Technologies provides cloud-based applications to industries to automate and enhance visibility of industrial risks and improve productivity. 
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Detect Technologies, a software-as-a-service (SaaS) enterprise, has raised $28 million in primary and secondary funding in its Series B round led by Prosus Ventures. Existing investors Accel and Elevation Capital, Shell Ventures, Bharat Innovation Fund and Bluehill Capital participated in the round, too.  The company will use these funds to further expand and strengthen its sales and operations across international markets in North America and Europe and widen its product suite, it said in a statement on Thursday.  Detect Technologies provides cloud-based applications to industries to automate and enhance visibility of industrial risks and improve productivity.

“Our vision is to provide actionable intelligence to help industries mitigate their risks while achieving their business objectives sustainably. We are grateful for the confidence bestowed upon us by our investors, and look forward to accelerating our market expansion,” said Daniel Raj David, CEO and co-founder, Detect Technologies The company claims that its insights have helped industries improve workplace safety, monitor work processes effectively, increase visibility of external risks on their infrastructure and improve productivity.

“Frontline worker safety and asset productivity are massive unsolved global problems, with significant financial and ESG-related implications. Detect team has done a phenomenal job in building a machine learning based, plug and play cloud solution to automate detection of safety violations on a near real-time basis, which is reflected in their market leadership, quality of logos and the recent as well as expected scale up in the business,”&nbsp;Ashutosh Sharma, head of investments, India, at Prosus Ventures, said.&nbsp;";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-446.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:215:"The company will use these funds to further expand and strengthen its sales and operations across international markets in North America and Europe and widen its product suite, it said in a statement on Thursday. 
";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-446-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:37;a:6:{s:4:"data";s:24:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:82:"Higher volumes could turn securitisation into key funding source for NBFCs: Crisil";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/industry/banking-finance/higher-volumes-could-turn-securitisation-into-key-funding-source-for-nbfcs-crisil/2594199/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 00:30:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:17:"Banking & Finance";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:14:"banking sector";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:4:"NBFC";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:5:"NBFCs";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/industry/banking-finance/higher-volumes-could-turn-securitisation-into-key-funding-source-for-nbfcs-crisil/2594199/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:240:"Foreign financial institutions, including banks, acquired 17% of all assets securitised. A stable market environment could mean deeper participation by other large investors, including foreign institutions and mutual funds, the agency said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T00:30:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2292:"
Non-banking finance companies (NBFC) are likely to rely on securitisation as a funding source led by higher volumes, which will lead to increased disbursements by non-banks after a slowdown. Banks can also improve their retail and priority sector targets through securitisation, ratings agency Crisil said in a report.

Securitisation volume grew by 70% to Rs 35,000 crore in the first quarter of the current financial year led by higher participation from public and private sector banks along with other financial institutions. Foreign financial institutions, including banks, acquired 17% of all assets securitised. A stable market environment could mean deeper participation by other large investors, including foreign institutions and mutual funds, the agency said.

Additionally, the base effect caused by low volumes last fiscal due to second wave also led to sharper growth in Q1FY23. The growth in securitization volumes would have been higher if not for higher interest rates, which prompted divergent yield expectations among NBFCs and banks the ratings agency said.

“More than 80 non-bank entities being present in the market in the first quarter, up from 50 last fiscal, indicates strong comfort originators have with the securitisation process. Market activity in the past quarter also reflected the diversity of various asset classes across secured and unsecured loan categories,” Krishnan Sitaraman, senior director and deputy chief ratings officer of CRISIL Ratings said.

Mortgage-backed securitisation (MBS) loans comprised 45% of the total volume compared with 53% in the previous year while asset backed securitisation (ABS) comprised the balance.

Within the ABS category, commercial vehicle (CV) loans comprised 49%, and microfinance 20% of transaction value, with many underlying loans eligible for priority sector lending (PSL) classification. Securitisation in gold loans (14%) continued to rise, while two-wheeler, education, school finance and unsecured loans saw renewed investor interest.

However, any sharp rise in interest rates, high inflation and future waves of the pandemic impacting economic activity could be potential headwinds for securitisation volumes this fiscal, the report said.&nbsp; ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-432.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:127:"Banks can also improve their retail and priority sector targets through securitisation, ratings agency Crisil said in a report.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-432-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:38;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:59:"L&amp;T becomes debt-free on cash, cash equivalents in FY22";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:104:"https://www.financialexpress.com/industry/lt-becomes-debt-free-on-cash-cash-equivalents-in-fy22/2594141/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Fri, 15 Jul 2022 00:15:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"Larsen & Toubro";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:17:"Larsen and Toubro";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:104:"https://www.financialexpress.com/industry/lt-becomes-debt-free-on-cash-cash-equivalents-in-fy22/2594141/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:232:"The infrastructure major would venture into the business through technology tie-ups and business partnerships. Further, the company has also identified green hydrogen, clean energy technology and offshore wind as new growth avenues.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-15T00:15:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3966:"
Larsen &amp; Toubro (L&amp;T) has emerged debt-free after considering cash and cash equivalents in FY22, a move that would help the engineering and construction conglomerate rekindle its earlier stalled buyback process.

“There was a net increase of Rs 2,164 crore in the cash balances as of March 31, 2022, as compared to the beginning of the year. The company has become debt-free after considering cash and cash equivalent during the year,” according to the company’s annual report for FY22.

This paves way for L&amp;T to buy back shares, which were put on hold after the Securities and Exchange Board of India (Sebi) had denied permission for its Rs 9,000 crore buyback offer in 2019. The market regulator had rejected the company’s proposal on the ground’s that the group’s consolidated debt to equity ratio would cross two times the paid-up capital and reserves, assuming full acceptance of the scheme.

L&amp;T’s total borrowings fell to Rs 20,298 crore as of March 31, 2022, from Rs 24,474 crore in the previous year. For the year, its gross debt-equity ratio fell to 0.30:1 from 0.40:1 a year ago, it said in the annual report.

L&amp;T also intends to advance its green business portfolio, which constituted 38% of its standalone revenues in FY22, including forays into new businesses of manufacturing storage batteries. The company’s board has approved entry into the Green Energy business through green hydrogen and derivatives and advanced chemistry cell batteries (such as lithium-ion batteries). These new businesses are proposed to be set up in FY23 through joint ventures with L&amp;T having a dominant share.

The infrastructure major would venture into the business through technology tie-ups and business partnerships. Further, the company has also identified green hydrogen, clean energy technology and offshore wind as new growth avenues.

“We do believe that alternative fuels such as green hydrogen will go a long way to create a cleaner environment and contribute towards the nation’s energy security. We have a unique opportunity to play a significant role to accelerate the ecosystem around green hydrogen, with our thrust in both the EPC (Engineering, Procurement and Construction) and BOO (build own and operate) spaces…,” L&amp;T chief executive officer and managing director SN Subrahmanyan said.

In FY22, L&amp;T’s revenue from its green portfolio of businesses stood at Rs 38,843 crore. For the reporting year, it contributed 38.2% of total revenues, an increase from 33.2% in FY21 and 31.4% in FY20.

The company’s green portfolio comprises projects embedded with advanced technology, solutions centred around renewables, water and effluent treatment plants, efficient power distribution, mass transit systems and green buildings.

L&amp;T’s order book stood at Rs 3.58 trillion as of March 31, 2022, with that from the infrastructure segment standing at 73%. L&amp;T is targeting group revenues of Rs 2.7 trillion and an 18% ROE by FY26.

Earlier in May, L&amp;T said it plans to double its revenue and order inflows by FY26, under ‘Lakshya 2026’, a five-year plan with FY21 as the base year.

“India is expected to post top quartile growth among emerging nations in the medium term. Challenges hovering on the horizon include runaway oil prices, supply chain disruptions and the US rate hikes affecting capital flows into India. Despite these roadblocks, however, our view is that the bold structural reforms carried out by the Government in the last couple of years will pave the way for improved quality of growth,” said AM Naik, chairman of L&amp;T.

The company also plans to divest non-core assets, he added. The conglomerate also handed out a paycheck of Rs 61.27 crore to Subrahmanyan in FY22, which was about a 115% hike over the previous financial year, the annual report said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-431.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:203:"In FY22, L&T’s revenue from its green portfolio of businesses stood at Rs 38,843 crore. For the reporting year, it contributed 38.2% of total revenues, an increase from 33.2% in FY21 and 31.4% in FY20.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-431-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:39;a:6:{s:4:"data";s:26:" 
 
 
 
 
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Public sector lender Punjab National Bank (PNB) has gone live on the account aggregator ecosystem as financial information user (FIU) as well as financial information provider (FIP), the lender said in a press release. Other than PNB, Union Bank of India, Canara Bank and Indian Bank are the three other PSU lenders who have connected to the account aggregator system.

“Punjab National Bank is working on multiple business use cases which can leverage on the account aggregator ecosystem and offer interesting products to its customers. This will further enhance the outreach of the bank to provide customized digital products to its customers,” Atul Kumar Goel, managing director and chief executive officer of PNB said.

Other PSU lenders are in various stages of implementing the process of connecting to the account aggregator system. While State Bank of India (SBI), Bank of Baroda and UCO Bank are in the testing phase, Indian Overseas Bank, Punjab and Sind Bank, Bank of India and Bank of Maharashtra are in the development phase. Central Bank of India is in the evaluation phase, according to information on Sahamati, a member-funded industry alliance. &nbsp;

Most of the major private sector banks such as HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank and Kotak Mahindra Bank have also connected with the account aggregator system. As of Monday (July 11), a total of 56 banks, fintechs and non-banking finance companies (NBFC) are live on the system. &nbsp;&nbsp;&nbsp;

Earlier this month, Union Finance Minister Nirmala Sitharaman had directed all public sector banks to implement the account aggregator system by the end of July. The account aggregator system&nbsp;is a financial data exchange where banks, fintechs or NBFCs can exchange customer data after taking consent from such users. The move is expected to give consumers more control over their data and also bring down processing costs for banks through access to better data. The system was introduced in September 2021. &nbsp;

Under the account aggregator system, a lender who requests the data is called financial information user (FIU) and the one that provides the data is called financial information provider (FIP). The data cannot be shared without taking consumer’s permission. The entities which facilitate the data exchange are account aggregators. OneMoney, FinVu, CAMS and NADL are providing facilitation services after receiving approval from the Reserve Bank of India (RBI). There are 8 entities awaiting RBI approval for providing account aggregator services, a National Securities Depository Ltd (NSDL) and PhonePe.

Since the launch of the system in 2021, 8.6 lakh accounts are linked by account holders and 8.1 lakh consent requests have been fulfilled so far.&nbsp; ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-429.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:356:"“Punjab National Bank is working on multiple business use cases which can leverage on the account aggregator ecosystem and offer interesting products to its customers. This will further enhance the outreach of the bank to provide customized digital products to its customers,” Atul Kumar Goel, managing director and chief executive officer of PNB said.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-429-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:40;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:127:"Sen-sational ‘partner in crime’: Lalit Modi announces ‘new beginning’ with ‘betterhalf’ Sushmita Sen — check pics";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:156:"https://www.financialexpress.com/lifestyle/sen-sational-partner-in-crime-lalit-modi-announces-new-beginning-with-betterhalf-sushmita-sen-check-pics/2594652/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 22:56:16 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:9:"Lifestyle";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:156:"https://www.financialexpress.com/lifestyle/sen-sational-partner-in-crime-lalit-modi-announces-new-beginning-with-betterhalf-sushmita-sen-check-pics/2594652/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:107:"Lalit Modi shared a mushy post along with a series of pictures from their vacation in Maldives and Sardinia";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Shriparna Saha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T23:18:39+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:4495:"
In what can be called the ‘breaking the internet’ news of the day, businessman and IPL founder Lalit Modi announced via a social media post that he is ’beginning a new life finally’ with ‘betterhalf’ and former Miss Universe Sushmita Sen.

Lalit Modi took to his Twitter and Instagram handles to make the official announcement. He shared a mushy post along with a series of pictures from their vacation in Maldives and Sardinia. He also shared a few throwback pictures featuring the duo in their younger days.

“Just back in London after a whirling global tour #maldives # sardinia with the families &#8211; not to mention my #betterhalf @sushmitasen47 &#8211; a new beginning a new life finally. Over the moon.” said one of his social media posts.

<figure class="wp-block-embed is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just back in london after a whirling global tour <a href="https://twitter.com/hashtag/maldives?src=hash&amp;ref_src=twsrc%5Etfw">#maldives</a> # sardinia with the families &#8211; not to mention my <a href="https://twitter.com/hashtag/betterhalf?src=hash&amp;ref_src=twsrc%5Etfw">#betterhalf</a> @sushmitasen47 &#8211; a new beginning a new life finally. Over the moon. ???????????????????????????????????????? <a href="https://t.co/Vvks5afTfz">pic.twitter.com/Vvks5afTfz</a>&mdash; Lalit Kumar Modi (@LalitKModi) <a href="https://twitter.com/LalitKModi/status/1547587779852259329?ref_src=twsrc%5Etfw">July 14, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div></figure>

In another Twitter post, he clarified that “Just for clarity. Not married &#8211; just dating each other. That too it will happen one day.&#8221;

<figure class="wp-block-embed is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just for clarity. Not married &#8211; just dating each other. That too it will happen one day. ???????????????????????????????? <a href="https://t.co/Rx6ze6lrhE">pic.twitter.com/Rx6ze6lrhE</a>&mdash; Lalit Kumar Modi (@LalitKModi) <a href="https://twitter.com/LalitKModi/status/1547595996363780096?ref_src=twsrc%5Etfw">July 14, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div></figure>

Lalit Modi also changed his Instagram bio and display picture after the announcement. “Founder @iplt20.INDIAN PREMIER LEAGUE finally starting a new life with my partner in crime. My love @sushmitasen47” it said.

Lalit Modi’s posts garnered thousands of retweets, likes, and reactions within minutes of going online. While some couldn’t believe the news, a user shared, “it’s a pleasant surprise.” Soon memes started doing the rounds.

Lalit Modi is in London since 2010. Sushmita Sen on the other hand was in news last for returning to the screen with the third season of her successful web show, Aarya.

Sen, however, didn’t make any official announcement about her relationship with Lalit Modi till the time this story was published.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:100:"https://www.financialexpress.com/wp-content/uploads/2022/07/Screenshot-2022-07-14-at-10.50.03-PM.png";s:4:"type";s:9:"image/png";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:61:"Lalit Modi shares he is dating Sushmita Sen (Pic : Instagram)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:108:"https://www.financialexpress.com/wp-content/uploads/2022/07/Screenshot-2022-07-14-at-10.50.03-PM-300x167.png";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:41;a:6:{s:4:"data";s:27:" 
 
 
 
 
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The electrification for commercial vehicles travelling long-distance may have begin on a very slow start globally given the huge challenges of the size of batteries, charging infrastructure and long charging time among others.

But on the other hand, despite having a slow initial start, India is aiming to take a lead in driving adoption of electric vehicles, especially in the two-, three-wheelers and e-buses for public transportation.

In what may come as a very interesting update, the joint venture between Indian Oil Corporation (IOCL) and Israel’s Phinergy, <a href="https://www.financialexpress.com/auto/electric-vehicles/indian-oil-to-launch-cost-effective-aluminium-air-batteries-for-evs-electric-cars/2093204/">which aimed to manufacture aluminium-air batteries in India</a>, will start its maiden pilot soon.

Hardeep Singh Puri, Union Minister of Petroleum &amp; Natural Gas, Government of India took to social media to announce that the JV between IOCL and Phinergy has manufactured 100 small aluminium plates that will power a 50-seater bus for about 500km in India.

<figure class="wp-block-embed"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet" data-width="500" data-dnt="true">Big revolutions come in small packages! 100 such small aluminium plates in air batteries developed by <a href="https://twitter.com/hashtag/Phinergy?src=hash&amp;ref_src=twsrc%5Etfw">#Phinergy</a> in a JV with <a href="https://twitter.com/IndianOilcl?ref_src=twsrc%5Etfw">@IndianOilcl</a> will power a 50 seater bus for about 500 kms! An initiative under <a href="https://twitter.com/makeinindia?ref_src=twsrc%5Etfw">@makeinindia</a> borne out of a JV signed during <a href="https://twitter.com/hashtag/PMModi?src=hash&amp;ref_src=twsrc%5Etfw">#PMModi</a> Ji’s 2017 Israel visit. <a href="https://t.co/qJy5ZERPuM">pic.twitter.com/qJy5ZERPuM</a>&mdash; Hardeep Singh Puri (@HardeepSPuri) <a href="https://twitter.com/HardeepSPuri/status/1547067434447736834?ref_src=twsrc%5Etfw">July 13, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div></figure>

<a href="https://www.financialexpress.com/industry/indian-oil-corp-acquires-stake-in-israeli-battery-developer-phinergy/1856151/">It was in 2020, that IOCL and Phinergy announced the formation of a joint venture in India to collaborate in developing aluminium-air battery system including R&amp;D, customisation, manufacturing, assembly, sell and service of aluminium-air energy systems technology.</a> Aluminium is naturally available in India and its extraction and recycling technologies are also very well established.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:79:"https://www.financialexpress.com/wp-content/uploads/2022/07/FXhJoPoUsAE-i10.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:87:"https://www.financialexpress.com/wp-content/uploads/2022/07/FXhJoPoUsAE-i10-300x191.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"191";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:42;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:88:"Cipla Health to acquire Endura Mass; Signs definitive agreements to rope in key products";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:156:"https://www.financialexpress.com/healthcare/news-healthcare/cipla-health-to-acquire-endura-mass-signs-definitive-agreements-to-rope-in-key-products/2594617/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 21:55:59 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:10:"Healthcare";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:5:"Cipla";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:156:"https://www.financialexpress.com/healthcare/news-healthcare/cipla-health-to-acquire-endura-mass-signs-definitive-agreements-to-rope-in-key-products/2594617/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:172:"Cipla Health will immediately initiate the distribution and marketing of the said products pending the closure of the proposed acquisition, the company stated on Thursday. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Sushmita Panda";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T21:57:30+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1734:"
Cipla Limited on Thursday announced that Cipla Health Limited (CHL) has signed definitive agreements for the acquisition of Endura Mass. According to the company&#8217;s press statement, Endura and all other associated products would be part of the acquisition.

The company claims that this acquisition is in line with Cipla’s strategic imperative to augment the Company’s wellness portfolio for bringing about a shift from an illness to a wellness mindset.

&#8220;As per the signed definitive agreements, the acquisition is subject to the completion of certain closing conditions. CHL shall immediately initiate the distribution and marketing of the said products pending the closure of the proposed acquisition,&#8221; the company said in a statement on Thursday.

“With this strategic acquisition, we will be expanding our portfolio into a new category of weight gain, thereby catering to a very specific nutritional need for a set of our consumers. Being underweight is linked to multiple challenges such as poor stamina, poor concentration and low immunity. The addition of Endura &amp; Endura mass to our portfolio perfectly complements our existing offerings across all key OTC/Wellness categories and would hence help us offer an even more comprehensive solution to all key consumer needs,&#8221; Shivam Puri, Chief Executive Officer of CHL stated on Thursday.

The company claims that it is well positioned to further build and develop the nutrition supplement category owing to its strong existing offline and online distribution muscle and a deep consumer in sighting engine which has already helped create over 12 strong brands within the portfolio through this acquisition.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:76:"https://www.financialexpress.com/wp-content/uploads/2022/02/cipla-shares.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:206:"The company claims that this acquisition is in line with Cipla’s strategic imperative to augment the Company’s wellness portfolio for bringing about a shift from an illness to a wellness mindset. (File)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:84:"https://www.financialexpress.com/wp-content/uploads/2022/02/cipla-shares-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:43;a:6:{s:4:"data";s:24:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:77:"Moderna’s mRNA vaccine for Nipah virus to go through Phase 1 Clinical trial";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:143:"https://www.financialexpress.com/healthcare/news-healthcare/modernas-mrna-vaccine-for-nipah-virus-to-go-through-phase-1-clinical-trial/2594609/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 21:44:57 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:5:{i:0;a:5:{s:4:"data";s:10:"Healthcare";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:7:"Moderna";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:5:"Nipah";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:7:"vaccine";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:143:"https://www.financialexpress.com/healthcare/news-healthcare/modernas-mrna-vaccine-for-nipah-virus-to-go-through-phase-1-clinical-trial/2594609/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:220:"The experimental mRNA-1215 Nipah virus vaccine will be tested in a dose-escalation clinical trial to evaluate its safety, tolerability, and ability to generate an immune response in 40 healthy adults ages 18 to 60 years.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Sushmita Panda";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T21:45:38+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2585:"
The National Institute of Allergy and Infectious Diseases (NIAID) which is a part of the National Institutes of Health (NIH) announced Wednesday that it has launched an early-stage clinical trial evaluating an investigational vaccine to prevent infection with the Nipah virus. Manufactured by Moderna, the experimental vaccine is was developed in collaboration with NIAID’s Vaccine Research Center.

According to reports, it is based on a messenger RNA (mRNA) platform—a technology used in several approved Covid-19 vaccines. Meanwhile, NIAID is sponsoring the phase 1 clinical study, which is being conducted at the NIH Clinical Center in Bethesda, Maryland.

Nipah virus infection is a zoonotic disease, meaning that it is spread between animals and people. Fruit bats are the natural host for the virus. The first known Nipah outbreak occurred in 1998 in Malaysia and Singapore and resulted in 265 human cases and 105 deaths, and caused significant economic damage to the swine industry there. Since 1999, outbreaks have occurred annually in Asia, primarily in Bangladesh and India. Currently, there is no licensed vaccine or treatment for Nipah virus infection.

“Nipah virus poses a considerable pandemic threat because it mutates relatively easily, causes disease in a wide range of mammals, can transmit from person-to-person, and kills a large percentage of the people it infects. The need for a preventive Nipah virus vaccine is significant,&#8221; said NIAID director Anthony S. Fauci, M.D.

NIAID’s Pandemic Preparedness Plan, published earlier this year, established a framework to study viruses of pandemic potential and prioritize research on prototype pathogens, such as Nipah virus. This is the first clinical trial using the prototype pathogen approach since the plan’s publication.

The experimental mRNA-1215 Nipah virus vaccine will be tested in a dose-escalation clinical trial to evaluate its safety, tolerability, and ability to generate an immune response in 40 healthy adults ages 18 to 60 years. Moreover, the study participants will be evaluated through clinical observation and blood collection at specified times throughout the study and will be followed by clinical study staff for 52 weeks following their final vaccination.

The virus can cause mild-to-severe disease rapidly progressing from respiratory infection symptoms to encephalitis (brain swelling) leading to coma or death. According to reports, an estimated 40 percent to 75 percent of people infected with the Nipah virus die.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:102:"https://www.financialexpress.com/wp-content/uploads/2022/07/vaccine-usa-reuters-1047203-1635983546.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:164:"The virus can cause mild-to-severe disease rapidly progressing from respiratory infection symptoms to encephalitis (brain swelling) leading to coma or death. (File)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:110:"https://www.financialexpress.com/wp-content/uploads/2022/07/vaccine-usa-reuters-1047203-1635983546-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:44;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:101:"Kerala reports India’s first monkeypox case; Centre rushes high-level team for effective management";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:156:"https://www.financialexpress.com/lifestyle/health/kerala-reports-indias-first-monkeypox-case-centre-rushes-high-level-team-for-effective-management/2594610/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 21:44:53 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:6:"Health";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:9:"Lifestyle";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:6:"Kerala";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:156:"https://www.financialexpress.com/lifestyle/health/kerala-reports-indias-first-monkeypox-case-centre-rushes-high-level-team-for-effective-management/2594610/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:200:"Kerala Health Minister Veena George earlier said a 35-year-old man who returned to the southern state from abroad and was hospitalised after showing signs of monkeypox tested positive for the disease.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Hemant Abhishek";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T21:46:00+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1956:"
The Union health ministry on Thursday rushed a high-level multidisciplinary team to Kerala which reported the country&#8217;s first case of monkeypox, a statement said, adding the team will assist the state authorities in instituting adequate public health measures to deal with the situation.

Kerala Health Minister Veena George earlier said a 35-year-old man who returned to the southern state from abroad and was hospitalised after showing signs of monkeypox tested positive for the disease.

The central team to Kerala comprises experts drawn from the National Centre for Disease Control (NCDC), Dr RML Hospital, New Delhi and senior officials from the health ministry along with experts from Regional Office of Health and Family Welfare, Kerala.

&#8220;In view of the report of confirmation of a case of monkeypox disease from Kollam district in Kerala, the health ministry has decided to depute a multidisciplinary central team to support the Kerala government in investigating the outbreak and institute requisite public health measures,&#8221; an office memorandum by the health ministry said.

The team shall work closely with the state health departments and take stock of the on-ground situation, and recommend necessary public health interventions, officials said.

&#8220;The Government of India is taking proactive steps by monitoring the situation carefully and coordinating with states in case of any such possibility of outbreak occurs,&#8221; the health ministry said.

According to the World Health Organisation (WHO), monkeypox is a viral zoonosis (a virus transmitted to humans from animals) with symptoms similar to those seen in the past in smallpox patients, although it is clinically less severe.

With the eradication of smallpox in 1980 and subsequent cessation of smallpox vaccination, monkeypox has emerged as the most important orthopoxvirus for public health.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:82:"https://www.financialexpress.com/wp-content/uploads/2022/07/monkeypox-1200_who.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:191:"The team shall work closely with the state health departments and take stock of the on-ground situation, and recommend necessary public health interventions, officials said. (Source: WHO.int)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:90:"https://www.financialexpress.com/wp-content/uploads/2022/07/monkeypox-1200_who-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:45;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:62:"MediBuddy acquires online doctor consultation platform, Clinix";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:130:"https://www.financialexpress.com/healthcare/news-healthcare/medibuddy-acquires-online-doctor-consultation-platform-clinix/2594595/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 21:32:21 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:10:"Healthcare";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:130:"https://www.financialexpress.com/healthcare/news-healthcare/medibuddy-acquires-online-doctor-consultation-platform-clinix/2594595/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:153:"MediBuddy claims that it has a partner network of over 90,000 doctors, 7,000 hospitals, 3000 diagnostic centers, 2,500 pharmacies and 1,800-members team.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Sushmita Panda";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T21:32:30+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2021:"
MediBuddy on Wednesday announced that it has acquired Clinix, an online doctor consultation platform specialising in rural India. According to the company&#8217;s press statement, MediBuddy’s acquisition of Clinix will help them further scale their operations, expand services to the interiors in rural India.

Reportedly, Clinix has set up a system of training locals by teaching them the booking procedures for online doctor consultations. Additionally, they have put up kiosks in several localities which essentially functions as an e-clinic, where individuals can consult a doctor online for their primary healthcare needs with the help of the facilitator, it stated.

“We see our acquisition of Clinix as a significant step forward in our aim to provide quality healthcare made accessible to every Indian. Clinix has a wide presence in the rural areas and with our network and infra-tech support, we aim to further expand our reach and services and achieve our goal of covering a large section of the population, who have limited access to quality healthcare solutions,&#8221; Satish Kannan, co-founder, and CEO at MediBuddy said in a statement.

“In India, the doctor-patient ratio is very skewed and when you compare it to rural India it becomes even lesser. MediBuddy’s advanced technology and extensive network will go a long way in helping us cover a wider range of population and bridge the urban-rural divide in terms of quality healthcare solutions,&#8221; Aravind Dhulipala, co-founder and CEO of Clinix stated on Wednesday.

MediBuddy claims that it has a partner network of over 90,000 doctors, 7,000 hospitals, 3000 diagnostic centers, 2,500 pharmacies &amp; 1,800-members team. According to the company, they have created an integrated ecosystem that offers patients several healthcare services in 16 Indian languages to enable user-friendly consultation to people in tier 2 and 3 cities that they can &#8220;seamlessly&#8221; access anytime and anywhere.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:72:"https://www.financialexpress.com/wp-content/uploads/2022/07/Doctor-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:130:"Reportedly, Clinix has set up a system of training locals by teaching them the booking procedures for online doctor consultations.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:80:"https://www.financialexpress.com/wp-content/uploads/2022/07/Doctor-1-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:46;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:50:"Magenta to deploy EV fleet for Amazon in Hyderabad";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:109:"https://www.financialexpress.com/express-mobility/magenta-to-deploy-ev-fleet-for-amazon-in-hyderabad/2594580/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 21:28:10 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:16:"Express Mobility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:109:"https://www.financialexpress.com/express-mobility/magenta-to-deploy-ev-fleet-for-amazon-in-hyderabad/2594580/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:203:"Magenta Mobility has partnered with Amazon India to deploy two and four-wheeler electric vehicles in its fleet in Hyderabad. Amazon India will include a total of 10,000 EVs in its delivery fleet by 2025.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Shakti Nath Jha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T21:28:24+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1811:"
Mumbai-based homegrown electric mobility and charging solutions provider, Magenta Mobility, has announced its collaboration with Amazon India. Through this partnership, Magenta Mobility will work with Amazon India to induct a fleet of electric vehicles including two and four-wheeler electric vehicles for its delivery partners in the south Indian city of Hyderabad.&nbsp;

Speaking on the partnership, Maxson Lewis, Founder, and Managing Director, Magenta Mobility, said, “The collaboration between Amazon and Magenta is a welcome step, which reaffirms Amazon India’s significant progress in the electric mobility industry. This launch in Hyderabad is a continuation of our collaboration with Amazon that started in Bengaluru and will help transform a significant number of Amazon’s last-mile delivery fleet to EVs and encourage the e-commerce industry to decarbonize last-mile logistics; actively.”

Abhinav Singh, Director – Customer Fulfilment, Supply Chain and Global Specialty Fulfilment, Amazon India, said, &#8220;At Amazon India, we are determined to build a supply chain that will minimize the environmental impact of our operations and add to our goal of inducting 10,000 EVs to our fleet by 2025. Our collaboration with Magenta Mobility will help us serve customers in a more environmentally-friendly way.”

He further added, “This collaboration is an important step towards building an enabling ecosystem to drive electric transportation and further driving more sustainable operations in Hyderabad, an important locale for us.” It is worth mentioning that in 2020, Amazon India announced that it would include 10,000 EVs in its delivery fleet by 2025. The induction of these EVs is in addition to Amazon’s global commitment of 100,000 EVs by 2030.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:84:"https://www.financialexpress.com/wp-content/uploads/2022/07/Magenta-Amazon-India.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:92:"https://www.financialexpress.com/wp-content/uploads/2022/07/Magenta-Amazon-India-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:47;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:109:"Delhi’s Rajiv Gandhi Cancer Institute gets first indigenously developed Surgical Robotic System, SSI-Mantra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:173:"https://www.financialexpress.com/healthcare/medicaldevices/delhis-rajiv-gandhi-cancer-institute-gets-first-indigenously-developed-surgical-robotic-system-ssi-mantra/2594578/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 21:16:33 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:10:"Healthcare";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"Medical Devices";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:15:"medical devices";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:15:"robotic surgery";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:173:"https://www.financialexpress.com/healthcare/medicaldevices/delhis-rajiv-gandhi-cancer-institute-gets-first-indigenously-developed-surgical-robotic-system-ssi-mantra/2594578/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:286:"SS Innovations claims that it is the first company in South Asia to launch this machine SSI Mantra. According to the company, it is an advanced surgical robotic system that has more and better features and applications than existing Surgical Robotic Systems and is much less expensive. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Sushmita Panda";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T21:17:45+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:6980:"
Rajiv Gandhi Cancer Institute and Research Center (RGCI), New Delhi gets its first-ever Made-in-India Surgical Robotic System, SSI-Mantra which is developed by med-tech start-up SS Innovations. On Thursday, robotic cardiac surgeon Dr. Sudhir P Srivastava and creator of SSI Mantra, along with Dr. Sudhir Rawal, Medical Director, RGCI announced the official launch and acquisition of the first model of the indigenous surgical robotic system.

The Gurugram-based company claims that it is cheaper, more advanced, and more efficient than the US FDA-approved Da Vinci system which was approved for use in India in 2000. In 2002, India&#8217;s first robotic cardiac surgery was conducted with the Da Vinci system, and the first urological surgery in 2006.

According to a study published in the Indian Journal of Urology in 2020, there are currently 66 centres and 71 robotic installations as of July 2019, with more than 500 trained robotic surgeons in our country.

“More than 12,800 surgeries have been performed with robotic assistance in these 12 years. The numbers are expected to increase as more robotic surgeons get trained and other surgical specialties increasingly utilise this platform,&#8221; the study stated. Although the Da Vinci system has been a norm in India since its first operation, many other alternatives have also hit the Indian markets in recent years. According to Sudhir P Srivastava, he wants to make a difference by building a cheaper alternative to Da Vinci.

According to reports, the Da Vinci system costs between Rs6 crore and Rs15 crore. SSI&#8217;s Mantra is in the Rs4 crore to Rs5 crore bracket. Meanwhile, Dr. Srivastava informed Financial Express.com that the operation and maintenance cost would be one-third of the Da Vinci system.

During the press conference, the experts informed that SSI Mantra went through its first human pilot clinical trials between December 2020 and January 2021 at RGCI in which the surgeons successfully performed 20 complex surgical procedures. Some of the procedures include Radical Nephrectomy, Hysterectomy, Radical Cystectomy among others. In April this year, SSI Mantra 2.0 system was used to perform human pilot clinical trial in which surgeons performed 8 complex procedures.

Moreover, Dr. Srivastava also informed that they are planning to get USFDA approval by the end of this year. The experts along with RGCI Medical Director Dr. Rawal informed that the robot is now ready to provide an advanced method of surgery, which will be accessible to the general public.

&#8220;Since it&#8217;s a cancer hospital, we don&#8217;t get benign cases. For starters, we will be performing surgeries for urology-related cancer. We might perform our first surgery tomorrow or next week. I have used to system multiple times now and its surgeon-friendly and much better than other robotic systems,&#8221; Dr. Rawal told Financial Express.com.

SS Innovations claims that it is the first company in South Asia to launch this machine SSI Mantra. According to the company, it is an advanced surgical robotic system that has more and better features and applications than existing Surgical Robotic Systems and is much less expensive.

<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="620" height="413" src="https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--620x413.jpg" alt="" class="wp-image-2594579" srcset="https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--620x413.jpg 620w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--400x267.jpg 400w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--300x200.jpg 300w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--768x512.jpg 768w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--1536x1024.jpg 1536w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--2048x1365.jpg 2048w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--650x433.jpg 650w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--1200x800.jpg 1200w, https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-Sudhir-P.-Srivastava--150x100.jpg 150w" sizes="(max-width: 620px) 100vw, 620px" /><figcaption> Dr. Sudhir P Srivastava, Founder, Chairman &amp; CEO, SS Innovations (FE.com) </figcaption></figure></div>

When asked other than cost-effectiveness what makes SSI Mantra different and better than Da Vinci, Dr. Sudhir P Srivastava, Founder, Chairman &amp; CEO, SS Innovations told Financial Express.com: &#8220;There are many features that Da Vinci doesn&#8217;t. First of all, the surgeon console. With this system, the surgeon gets to sit instead of leaning over or hunched over as it gets painful for the surgeon during long surgeries. With SSI Mantra command centre, the surgeon gets to sit ergonomically, you have a large 32-inch monitor for better magnification which helps with precision. The Da Vinci has arms and all of them are connected sometimes when you have to position them there is difficulty and sometimes they collide during surgery. In SSI Mantra you can use any number of arms and place them wherever required. The third major factor, we have 3-D vision for everybody in the room. Our system is also prepared for tele-mentoring because of high connectivity and 3-D. With these features the procedure becomes faster and safer.&#8221;

Dr. Srivastava that this complete fore-arm system has been placed in RGCI with all components and it&#8217;s operational now.

On the investment front, Dr. Srivastava told Financial Express.com: &#8220;I have personally put in over seven and a half million dollars of my life-saving and I almost went bankrupt then we raised money. By now, roughly I would say close to 300 crores has gone into this development as it&#8217;s very complex. We roped in very talented engineers.&#8221;

He also emphasised that the robotic system will be fully controlled by surgeons and it doesn&#8217;t work on its own. &#8220;It&#8217;s like an extension to the surgeon&#8217;s hand and because of its precision it actually makes even complex surgeries safer,&#8221; he added.

Dr. Srivastava also maintained that with robotic surgeries recovery rate is faster as it only takes a week whereas in laparoscopic surgeries sometimes it takes months or over a year to heal completely.

Apart from Dr. Sudhir P Srivastava and Dr. Sudhir K Rawal (Medical Director, RGCI), Dr. Somashekhar S P (Chairman &amp; HOD Surgical Oncology, Manipal Comprehensive Cancer Care Center) and Dr. Arun Prasad (Bariatric and Robotic Surgeon, Apollo Hospitals) were also present during the event.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:172:"https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-SomaShekhar-Dr-Arun-Prasad-Dr-Sudhir-Rawal-Dr.-Sudhir-P-Srivastava-at-SSI-event-Taj-mansingh-hotel-delhi.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:138:"Dr. SomaShekhar, Dr Arun Prasad, Dr, Sudhir Rawal, Dr. Sudhir P Srivastava at SSI event, Taj mansingh hotel, delhi (FE.com/Sushmita Panda)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:180:"https://www.financialexpress.com/wp-content/uploads/2022/07/Dr.-SomaShekhar-Dr-Arun-Prasad-Dr-Sudhir-Rawal-Dr.-Sudhir-P-Srivastava-at-SSI-event-Taj-mansingh-hotel-delhi-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:48;a:6:{s:4:"data";s:21:" 
 
 
 
 
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Hyundai Motor India believes that diesel variants will continue to make significant contribution to the volumes of the new Tucson, which was unveiled by the country’s second-largest passenger car manufacturer on Wednesday.

The share of diesel variants stood at 67% of the Tucson volumes in CY2021. “It could be on similar lines (for the new Tucson),” Tarun Garg, director — sales, marketing, and service, Hyundai Motor India, told FE.

While bookings for the new Tucson, Hyundai’s flagship SUV in the country, will open on July 18, its price will be announced in the first week of August.

Since its launch in CY2004, the SUV has garnered sales of over 7 million units globally. It is now in its fourth generation. In India, 68% of the Tucson volumes in CY2021 came from customers who were already driving Hyundai vehicles. A majority of the customers had upgraded from Creta and Verna. “We have sold 1.2 million units of Creta and Verna over the past so many years. Our market research shows that many of these customers want to stick to Hyundai and they want a better proposition in terms of a more premium product,” Garg said, adding that “we believe the new Tucson will give us an opportunity to go back to these customers with a better proposition”.

“We have 2.0-litre petrol and 2.0-litre diesel powertrains for the new Tucson. In the diesel, we also have the 4WD. We have very good options for the customers,” he said. The new Tucson is not only longer than the old model, it has a better wheelbase as well, translating into more space in the cabin, Hyundai claimed.

According to Garg, among the new Tucson’s USPs are its several segment-first features, global appeal, large customer base of Hyundai, and the company’s wide sales and service network.

Hyundai currently has more than 130,000 pending bookings. Garg said while the semiconductor situation is improving, it will be much better in the second half of CY2022 compared to the first half.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:87:"https://www.financialexpress.com/wp-content/uploads/2022/07/2022-hyundai-tucson-2-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:95:"https://www.financialexpress.com/wp-content/uploads/2022/07/2022-hyundai-tucson-2-1-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:49;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:79:"Bihar cop compares PFI training camps to RSS shakhas, triggers BJP-RJD face-off";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:131:"https://www.financialexpress.com/india-news/bihar-cop-compares-pfi-training-camps-to-rss-shakhas-triggers-bjp-rjd-face-off/2594549/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 20:51:49 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:131:"https://www.financialexpress.com/india-news/bihar-cop-compares-pfi-training-camps-to-rss-shakhas-triggers-bjp-rjd-face-off/2594549/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:130:"Soon after his remarks, the BJP asked for the removal of Dhillon from the post of SSP, while comparing him to a PFI spokesperson. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Sayan Ganguly";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T20:51:57+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:4440:"
A massive political controversy has erupted in Bihar after a top police officer in Patna on Thursday compared the extremist Islamic outfit PFI to RSS shakhas when it came to training of youth in several disciplines like physical training and martial arts. Patna’s Senior Superintendent of Police (SSP) Manavjit Singh Dhillon made these remarks while addressing the media on a terror training module busted earlier in the day, wherein two suspected terrorists, including a retired Jharkhand police officer, were arrested.

“The organisation worked at Masjids and Madrassas to mobilise youths and worked to radicalize them. The modus operandi was similar to that of RSS shakhas. They train the youth under the guise of physical education and spread propaganda and agenda. We got documents of camps teaching martial arts and training members to use sticks and swords under the guise of physical training. The document was being used to radicalise, brain wash and mobilise people,” he said.

“No involvement of any mainstream religious institutions has been found. The accused, who used to be SIMI workers, stayed away from the public glare,&#8221; the SSP further added

“Organisations like the PFI have several underground cells. The accused held meetings in their name and organised training camps for its members. Their general vision document said that if people of the Muslim community are tortured and suppressed, they will work to protect them,” Dhillon said.

<figure class="wp-block-embed is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet" data-width="500" data-dnt="true">पटना के वरीय पुलिस अधीक्षक ने संघ की मोडस ऑपेरंडी के बारे में बिल्कुल सही कहा कि ये लोग शारीरिक प्रशिक्षण के नाम पर अपना प्रोपेगैंडा और घृणा फैलाते हैं! और किसी क्षेत्र में पाँव जमने पर दंगे, मॉब लिंचिंग और अन्य सामाजिक सौहार्द विरोधी गतिविधियों को अंजाम देते हैं! <a href="https://t.co/SFoLMYIZ6S">pic.twitter.com/SFoLMYIZ6S</a>&mdash; RJD Patna (@patna_RJD) <a href="https://twitter.com/patna_RJD/status/1547553034250907649?ref_src=twsrc%5Etfw">July 14, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div></figure>

Soon after his remarks, the BJP asked for the removal of Dhillon from the post of SSP, while comparing him to a PFI spokesperson. BJP legislator from Bihar Harish Bhushan Thakur called Dhillon ‘mentally insolvent’ while demanding an apology for his statement.

Dhillon, however, found support in the opposition party RJD, which tweeted, “Patna&#8217;s Senior Superintendent of Police has rightly said about the modus operandi of the Sangh that these people spread their propaganda and hatred in the name of physical training! And in some areas, they carry out riots, mob lynchings and other anti-social harmony activities.&#8221;

The terror module was busted earlier in the day by the Patna police wherein two suspected terrorists were nabbed. According to initial probe, they were planning an attack on Prime Minister Narendra Modi during his visit on July 12. Several objectionable documents were seized during the raids, wherein plans were laid out to turn India into an Islamic nation by 2049.

“The arrested persons have been identified as Mohammad Jallauddin, a retired Jharkhand police officer, and Athar Parvez. They have links with PFI. Jallauddin was earlier associated with Students’ Islamic Movement of India (SIMI),” Phulwari Sharif Assistant Superintendent of Police (ASP) Manish Kumar had told news agency PTI.

“They were teaching locals how to use swords and knives and also instigating them for communal violence. An investigation has revealed that people from other states were visiting them in Patna. Those visitors used to change their names while staying in hotels in the Bihar capital to conceal their identities,” he further told PTI.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:67:"https://www.financialexpress.com/wp-content/uploads/2022/07/cop.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:197:"Patna’s Senior Superintendent of Police (SSP) Manavjit Singh Dhillon made these remarks while addressing the media on a terror training module busted earlier in the day. (screengrab from presser)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:75:"https://www.financialexpress.com/wp-content/uploads/2022/07/cop-300x168.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"168";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:50;a:6:{s:4:"data";s:24:" 
 
 
 
 
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U.S. stock indexes tumbled on Thursday after weaker-than-expected earnings from big U.S. banks JPMorgan Chase &amp; Co and Morgan Stanley underscored growing fears of a sharp economic downturn.

The benchmark S&amp;P 500 was heading for its fifth consecutive session of losses amid fears that aggressive measures by the Federal Reserve to control soaring prices could push the world&#8217;s largest economy into a recession.

JPMorgan fell 4.3% after it reported a bigger-than-expected 28% fall in quarterly profit and suspended share buybacks as it set aside more money to cover potential losses.

Jamie Dimon, CEO of the largest U.S. bank, flagged a number of concerns including geopolitical tension, high inflation and the &#8220;never-before-seen&#8221; quantitative tightening as threats to global economic growth.

&#8220;The big concern is that the slowdown of the economy and higher inflation are really just the beginning of what investors have been worrying about,&#8221; said Sam Stovall, chief investment strategist at CFRA.

&#8220;We saw the P/E ratios come down pretty dramatically in the first half of this year. And now the question is, did the price decline anticipate an earnings decline? That is what I think is the reaction today.&#8221;

Morgan Stanley dropped 2.4% after the bank missed profit estimates for the first time in nine quarters as its investment banking unit struggled to cope with a slump in global dealmaking.

The wider S&amp;P 500 banks index tumbled 3.1% to its lowest level since December 2020.

All the major S&amp;P sectors were lower, with energy, materials and financials leading the losses.

&#8220;We expect much of the upcoming reporting season to represent an earnings &#8216;confession&#8217; period for chief executive officers as guidance to analysts will likely be adjusted noticeably to the downside,&#8221; Wells Fargo&#8217;s senior global market strategist Scott Wren wrote in a note.

As of last Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April-to-June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.

At 09:53 a.m. ET, the Dow Jones Industrial Average was down 505.78 points, or 1.64%, at 30,267.01, the S&amp;P 500 was down 59.65 points, or 1.57%, at 3,742.13, and the Nasdaq Composite was down 162.18 points, or 1.44%, at 11,085.40.

Recession fears have jolted investors this year as central banks across the world move to aggressively raise borrowing costs to curb sky-high inflation, pushing Wall Street to its worst first-half performance in decades.

After a robust jobs report last week cemented the case for a 75-basis-point rate hike in July, investors were rattled by hot consumer prices data on Wednesday that pushed traders to bet on an ever bigger full percentage point rate hike later this month.

A Labor Department report showed on Thursday that U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked.

Another report showed the number of Americans filing new claims for unemployment benefits rose for a second straight week last week.

U.S.-listed shares of Taiwan Semiconductor Manufacturing rose 1.0% after the contract-chipmaker gave an upbeat revenue forecast.

Conagra Brands fell 6.9% after the food group forecast annual earnings below estimates, with price hikes slowing demand for its frozen foods and snacks.

Declining issues outnumbered advancers for a 9.74-to-1 ratio on the NYSE and a 4.40-to-1 ratio on the Nasdaq.

The S&amp;P index recorded one new 52-week high and 42 new lows, while the Nasdaq recorded no new highs and 175 new lows.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:75:"https://www.financialexpress.com/wp-content/uploads/2022/07/wall-1200-2.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:97:"The wider S&P 500 banks index tumbled 3.1% to its lowest level since December 2020.
(File image) ";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:83:"https://www.financialexpress.com/wp-content/uploads/2022/07/wall-1200-2-300x200.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"200";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:51;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:86:"I2U2 leaders focus on food security and clean energy; UAE to invest 2 bn in food parks";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:138:"https://www.financialexpress.com/world-news/i2u2-leaders-focus-on-food-security-and-clean-energy-uae-to-invest-2-bn-in-food-parks/2594527/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 20:36:04 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:10:"World News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:20:"United Arab Emirates";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:138:"https://www.financialexpress.com/world-news/i2u2-leaders-focus-on-food-security-and-clean-energy-uae-to-invest-2-bn-in-food-parks/2594527/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:285:"According to the statement India will be providing appropriate land and will also facilitate farmers integration into the food parks. For the overall sustainability of the project, private sectors from the US and Israel will be called to share their expertise and innovative solutions.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Hemant Abhishek";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T20:36:10+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2809:"
At the first I2U2 Leaders summit which took place virtually food security and clean energy were in focus. And at the end of the talks between the four leaders a joint statement issued stated that innovative ways to ensure longer-term, more diversified food production and food delivery systems were discussed.

UAE Investment

Under the framework of four nation grouping I2U2, the United Arab Emirates (UAE) had announced its decision to invest USD 2 billion to develop a series of integrated food parks across India.

This was announced following the talks between the four leaders at the first ever I2U2 Leaders summit where Prime Minister Narendra Modi, US President Joe Biden, UAE President Mohammed bin Zayed Al Nahyan and Israeli Prime Minister Yair Lapid were present.

The joint statement released at the end of the virtual meeting stated that the focus was on the food security crisis; they all talked about more diversified food production, food delivery system as well as clean energy.

Food Parks

According to the statement India will be providing appropriate land and will also facilitate farmers integration into the food parks. For the overall sustainability of the project, private sectors from the US and Israel will be called to share their expertise and innovative solutions.

The investments are expected to help maximise crop yields, which in turn will help in dealing with the food crisis in the Middle East and South Asia.

Renewable Energy

The members of the West Asia QUAD also agreed to advance hybrid renewable energy projects in Gujarat. This will have 300 megawatts of wind and solar capacity.

All the four leaders expressed determination to leverage well-established markets and to build inclusive and innovative and science based solutions which will enhance food security.

What did the PM say?

Prime Minister Modi in his speech virtually said that the four countries have identified joint projects in many sectors and a roadmap too has been prepared to help in moving them forward.

According to him, under the I2U2 framework the four countries have agreed to increase joint investment in six investments in six critical areas. These include energy, transportation, space, water, food security and health.

In his speech he talked about the cooperative framework of grouping which is a good model for practical cooperation in the midst of increasing global uncertainties.

“By mobilising the mutual strengths of our countries – capital, expertise and markets – we can accelerate our agenda, and contribute significantly to the global economy,” the Prime Minister said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:73:"https://www.financialexpress.com/wp-content/uploads/2022/07/UAE-India.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:203:"Under the framework of four nation grouping I2U2, the United Arab Emirates (UAE) had announced its decision to invest USD 2 billion to develop a series of integrated food parks across India. (File image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:81:"https://www.financialexpress.com/wp-content/uploads/2022/07/UAE-India-300x184.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"184";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:52;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:97:"Churning in the Gulf! Alliances of US and Russia would impact developments in Middle East: Expert";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/world-news/churning-in-the-gulf-alliances-of-us-and-russia-would-impact-developments-in-middle-east-expert/2594510/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 20:21:34 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:10:"World News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:6:"israel";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:9:"Joe Biden";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:24:"United States of America";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/world-news/churning-in-the-gulf-alliances-of-us-and-russia-would-impact-developments-in-middle-east-expert/2594510/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:259:"According to the statement the US and Israel have inked, to deny Iran the ability to arm itself with nuclear weapons, the statement states that the US will use “all elements of national power” available. The statement also included pledge by Washington to";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Hemant Abhishek";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T20:21:40+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:4091:"
The US and Israel on Thursday have inked a joint declaration committing to preventing Iran from acquiring nuclear weapons. The declaration was signed in the presence of the US President Joe Biden and Israeli Prime Minister Yair Lapid in West Jerusalem. The two leaders reiterated their anti-Iran positions when they had one on one talks which was followed by the first ever I2U2 Leaders summit. This summit took place virtually and all the leaders – Prime Minister Narendra Modi, UAE Sheikh Mohamed bin Zayed Al Nahyan, President Joe Biden and Israeli Prime Minister Yair Lapid were present.

According to the statement the US and Israel have inked, to deny Iran the ability to arm itself with nuclear weapons, the statement states that the US will use “all elements of national power” available. The statement also included pledge by Washington to

The joint declaration also includes a pledge by Washington to continue military aid to Israel.

The visit of US President Joe Biden to Israel and Saudi Arabia which began on Wednesday had Iranian nuclear developments as one of the main agenda of discussions with Israel and Saudis. The US –Iran nuclear deal delivered by Barak Obama in 2015 and abandoned by Donald Trump in 2018 seems going nowhere, although President Biden remains keen to revive the talks.

Expert View

Sharing his views with Financial Express Online, Indian Army veteran Maj Gen Nalin Bhatia says, “The coming together of two parallel alliances, US-Israel-Saudi Arabia and Russia-Iran-Turkey, would certainly impact the developments in the Middle East.”

According to him, “Equally interesting aspect of the visit would be the meeting between President Biden and Saudi Crown Prince MSB on Friday, something that the President seemed not too keen on in the recent past, calling him a ‘pariah’ in his election campaign.”

Meanwhile, “Iran continues to challenge the USA and its allies; primarily Israel and Saudi Arabia, and continues with its anti US tirade by remaining defiant to come to negotiations on the nuclear deal. Iran continues to pursue its nuclear programme and encourages its Shia proxies to militarily target US in Iraq and Saudi in Yemen,” he observes.

Iran offers drones to Russia

Other interesting developments that would certainly concern the US are the reports of Iran offering its array of UAVs and weapons- capable drones to Russia for use in Ukraine.

“As is widely known, Iranian drone expertise has grown exponentially during the last couple of years. It has used drones extensively in Gaza, Yemen, Lebanon, Syria, and Iraq. In fact Iranian drones, loaded with explosives have been a major headache for US troops in Syria,” he adds.

At the moment, the war in Ukraine seems to have brought Iran closer to Russia, due to both countries being at the receiving end of US sanctions.

According to the Indian army veteran and expert on strategic affairs, “The reports of forthcoming visit of Russian President Putin to Tehran on July 19 to attend a trilateral meeting with the leaders of Iran and Turkey — Ibrahim Raisi and Recep Tayyip Erdogan, in the backdrop of Iranian offer of drones to Russia would be keenly watched.”

The present global political as well as economic situation remains in the throes of uncertainty. “Both Iran and Russia have been working together to forge closer relationships to break free from the sanctions regime. How the alliance shapes would be interesting from the perspective of new alignments that would emerge in the Middle East,” he states.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:119:"https://www.financialexpress.com/wp-content/uploads/2022/07/Joe-Biden-US-President-Israel-Prime-Minister-Yair-Lapid.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:225:"U.S. President Joe Biden and Israeli Prime Minister Yair Lapid sign a joint declaration affirming the "unbreakable bonds" between the two countries and a U.S. commitment to protecting Israeli security, in Jerusalem (AP Photo)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:127:"https://www.financialexpress.com/wp-content/uploads/2022/07/Joe-Biden-US-President-Israel-Prime-Minister-Yair-Lapid-300x186.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"186";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:53;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:53:"Rishi Sunak on winning streak as 5 left in UK PM race";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:106:"https://www.financialexpress.com/world-news/rishi-sunak-on-winning-streak-as-5-left-in-uk-pm-race/2594478/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 20:02:42 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:10:"World News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:106:"https://www.financialexpress.com/world-news/rishi-sunak-on-winning-streak-as-5-left-in-uk-pm-race/2594478/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:195:"There are now five candidates left in the Tory leadership contest after Suella Braverman, the Indian-origin Attorney General in the fray, was knocked off the shortlist with the least votes at 27.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Hemant Abhishek";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T20:02:48+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:881:"
Rishi Sunak tightened his grip on the race to replace Boris Johnson as Conservative Party leader and British prime minister as he bagged 101 votes to again emerge as the winner of the latest voting round on Thursday.

There are now five candidates left in the Tory leadership contest after Suella Braverman, the Indian-origin Attorney General in the fray, was knocked off the shortlist with the least votes at 27.

Trade Minister Penny Mordaunt (83 votes), Foreign Secretary Liz Truss (64 votes), former minister Kemi Badenoch (49 votes) and Tory backbencher Tom Tugendhat (32 votes) remain on the ballot in the narrowing race after the second round of votes were cast by lawmakers.

The next few rounds of voting among Conservative Party members of Parliament to whittle this list down to just two by next Thursday is scheduled for early next week.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:80:"https://www.financialexpress.com/wp-content/uploads/2022/07/Rishi-Sunak-1200.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:192:"Former Chancellor of the Exchequer Rishi Sunak speaks to the media at an event to launch his campaign to be the next Conservative leader and Prime Minister, in London, Britain. (Reuters image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:88:"https://www.financialexpress.com/wp-content/uploads/2022/07/Rishi-Sunak-1200-300x165.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"165";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:54;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:102:"Takehiko Matsushita appointed as managing director of Toshiba JSW Power Systems Private Limited (TJPS)";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:153:"https://www.financialexpress.com/brandwagon/takehiko-matsushita-appointed-as-managing-director-of-toshiba-jsw-power-systems-private-limited-tjps/2594340/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:53:02 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:11:"Brand Wagon";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"Toshiba";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:153:"https://www.financialexpress.com/brandwagon/takehiko-matsushita-appointed-as-managing-director-of-toshiba-jsw-power-systems-private-limited-tjps/2594340/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:89:"Matsushita joined Toshiba Group in 1994 and largely focused on the thermal power business";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:16:"Vainavi Mahendra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:53:51+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3462:"
Toshiba JSW Power Systems Private Limited (TJPS), a joint venture between Japan’s Toshiba Group (Toshiba) and India’s JSW Group (JSW), has appointed Takehiko Matsushita as its new managing director. Matsushita joined Toshiba Group in 1994 and largely focused on the thermal power business during his 28 years of association with the group. His wide-ranging experience and expertise in mechanical system engineering especially for combined cycle power plant earned him the position of project manager for Nishi-Nagoya Project in Japan in 2012.

Toshiba group is committed to sustainable growth and TJPS has the expertise and experience to provide world-class maintenance services to thermal power plants in India, Takehiko Matsushita, said. “With my global experience in the thermal power sector, I will lead TJPS to contribute to India’s increasing energy demand and also keep in mind environmental considerations. At TJPS, we are also considering expanding our business coverage to renewable energy sector, and maximize our skill and experiences for nuclear business,” he added.

India is a rapidly growing economy with increasing energy consumption that has doubled since 2000. The country is rapidly moving towards renewable clean energy sources, however at present, the majority of the electric power supply is thermal power plants which remains a challenge to the environment. TJPS offers high efficiency equipment to existing thermal power plants which can help in reduction of CO2 emissions and keeping high availability.

TJPS also offers effective solutions for “preventive maintenance” by way of advanced digital IoT solutions like EtaPRO for the thermal plants which further help in improving the efficiency and reliability of power generating assets. In addition, TJPS can provide a Carbon Dioxide Capture Utilisation and Storage (CCUS) solution, which helps to separate and capture CO2 from its source, such as thermal power plants. The captured CO2 can later be used in a different form for a different purpose. TJPS is committed to help improve and modernise the Indian thermal power sector, resulting in transition towards a carbon neutral society.

“With a world-class manufacturing setup already available at the Chennai factory, We are confident that other industries can also benefit from Toshiba’s high quality manufacturing capabilities, we are looking forward to contributing to the overall development of India For a New Day”, Matsushita highlighted.

Read Also: <a href="https://www.financialexpress.com/brandwagon/ivm-podcasts-onboards-meghnad-s-as-creative-director-non-fiction-and-safura-ubaid-as-creative-director-fiction/2594335/">IVM Podcasts onboards Meghnad S as creative director (non-fiction) and Safura Ubaid as creative director (fiction)</a>

Follow us on<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">&nbsp;</a><a rel="noreferrer noopener" href="https://twitter.com/FEBrandWagon" target="_blank">Twitter</a>,&nbsp;<a rel="noreferrer noopener" href="https://www.instagram.com/brandwagononline/" target="_blank">Instagram</a>,&nbsp;<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">LinkedIn,&nbsp;</a><a rel="noreferrer noopener" href="https://www.facebook.com/BrandWagon-100334421409230/?ref=bookmarks" target="_blank">Facebook</a> ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:152:"https://www.financialexpress.com/wp-content/uploads/2022/07/Mr.-Takehiko-Matsushita-Managing-Director-Toshiba-JSW-Power-Systems-Private-Limited-TJPS.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:49:"Toshiba group is committed to sustainable growth.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:160:"https://www.financialexpress.com/wp-content/uploads/2022/07/Mr.-Takehiko-Matsushita-Managing-Director-Toshiba-JSW-Power-Systems-Private-Limited-TJPS-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:55;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:72:"India’s second largest entrance exam ‘CUET-UG’ to debut on July 15";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:117:"https://www.financialexpress.com/education-2/indias-second-largest-entrance-exam-cuet-ug-to-debut-on-july-15/2594452/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:46:31 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:9:"Education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:117:"https://www.financialexpress.com/education-2/indias-second-largest-entrance-exam-cuet-ug-to-debut-on-july-15/2594452/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:117:"With 14.9 lakh registrations, CUET-UG is the common gateway for undergraduate admission in all central universities. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"jhumur nandi";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:46:39+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3189:"
The debut edition of India&#8217;s second largest entrance exam Common University Entrance Test -Undergraduate (CUET-UG) to begin on July 15, 2022 at test centres in over 510 cities of India and abroad.

With 14.9 lakh registrations, CUET-UG is the common gateway for undergraduate admission in all central universities and second biggest entrance exam surpassing JEE-Main&#8217;s average registration of nine lakh. NEET-UG is the biggest entrance test in India with an average of 18 lakh registrations.

While the National Testing Agency (NTA) is having a final check of the logistics, the aspirants are an anxious lot, preparing for the exam that will transform the way undergraduate admissions are conducted in the country, especially at popular central universities like Delhi University where class 12 scores was a deciding factor.

&#8220;The CUET (UG)–2022 has been scheduled for approximately 14.9 lakh candidates, with around 8.1 lakh candidates in the first slot and 6.80 lakh candidates in the second. These candidates have applied for 54,555 unique combination of subjects across 90 universities,&#8221; Jagadesh Kumar, chairman, University Grants Commission said.

&#8220;Given such a large number of subjects, a unique date sheet for every individual candidate has been created. Accordingly, advance intimation slip for examination city to all candidates with the date and city of the exam has been issued followed by admit cards. The exam will be conducted from July 15 to August 20 at exam centres located in over 500 cities across India and 10 cities abroad,&#8221; he added.

The exam will be conducted in two phases. Phase one will be held in July and the second one in August. Candidates who have opted for Physics, Chemistry or Biology have been assigned for phase two of the CUET exam given the NEET (UG) &#8211; 2022 will be held on July 17.

The aspirants have been anxious about a delay in receiving admit cards and less time for preparation for those appearing in phase one of the CUET exam. &#8220;Some candidates have requested a change of centre. Such requests are being considered by the NTA and the candidates need not feel anxious about it,&#8221; Kumar said.

Elaborating on the format of the score, Kumar added that it will be the NTA score which is in percentile format. &#8220;The score will indicate the position of a candidate vis-a-vis other candidates who took the test. It is an indicator of the relative position of the candidate,&#8221; he said.

Kumar had clarified that students from state boards will not be at a disadvantage under the new system and the exam will not give a push to the coaching culture.

A total of 44 central universities, 12 state universities, 11 deemed universities, and 19 private universities have applied to participate in the first edition of CUET for UG admissions in the 2022-23 academic session.

With inputs from PTI.

Read also: <a href="https://www.financialexpress.com/education-2/campus-365-forays-into-corporate-education-sector/2594386/">Campus 365 forays into corporate education sector</a>";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:73:"https://www.financialexpress.com/wp-content/uploads/2022/07/education.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:87:"NEET-UG is the biggest entrance test in India with an average of 18 lakh registrations.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:81:"https://www.financialexpress.com/wp-content/uploads/2022/07/education-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:56;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:114:"IVM Podcasts onboards Meghnad S as creative director (non-fiction) and Safura Ubaid as creative director (fiction)";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:163:"https://www.financialexpress.com/brandwagon/ivm-podcasts-onboards-meghnad-s-as-creative-director-non-fiction-and-safura-ubaid-as-creative-director-fiction/2594335/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:35:39 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:11:"Brand Wagon";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"podcast";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:163:"https://www.financialexpress.com/brandwagon/ivm-podcasts-onboards-meghnad-s-as-creative-director-non-fiction-and-safura-ubaid-as-creative-director-fiction/2594335/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:74:"The appointment of both the senior hires came into effect from July, 2022.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:16:"Vainavi Mahendra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:37:12+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2903:"
With an aim to strengthen the leadership tier, IVM Podcasts has appointed Meghnad S as the creative director (non-fiction) and Safura Ubaid as the network’s creative director (fiction). As per the company, both the hires come with a prolific track record and will work in their respective areas of expertise, to elevate the business. The appointment of both the senior hires came into effect from July, 2022. “By bringing in the best talent and fortifying the management team, we are ensuring our business is ready to navigate and scale in a fast-evolving content landscape,” Amit Doshi, head, IVM Podcasts-Pratilipi, said.

In his new role as the creative director (non-fiction), Meghnad S will seek concepts and oversee every stage, right from conceptualisation to execution of content in the non-fiction genre. The podcast network has a wide array of non-fiction podcasts including finance, political, current affairs, and sports to name a few. On the fiction side, Safura Ubaid will mainly look into scouting for interesting ideas, adapting concepts and stories and managing the existing portfolio of fiction audio dramas. Ubaid is a seasoned creative expert in the original content and intellectual property (IP) space. She comes with a track record of having created elevated premium content for multiple platforms including Netflix, Amazon, Universal Pictures, and Fox Star Studios, among a slew of others.

For Meghnad S, it&#8217;s time to experiment with new, creative ways of delivering non-fiction content to a growing base of podcast listeners in India. &#8220;We’re living in a golden age of storytelling and what&#8217;s fascinating is we are witnessing a massive consumer shift in the consumption of stories. I look forward to building a strong premium fiction slate within an ecosystem where stories can shapeshift into high-quality scripted audio and video content,&#8221; Safura Ubaid, creative director (fiction), IVM Podcasts, stated.

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Follow us on<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">&nbsp;</a><a rel="noreferrer noopener" href="https://twitter.com/FEBrandWagon" target="_blank">Twitter</a>,&nbsp;<a rel="noreferrer noopener" href="https://www.instagram.com/brandwagononline/" target="_blank">Instagram</a>,&nbsp;<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">LinkedIn,&nbsp;</a><a rel="noreferrer noopener" href="https://www.facebook.com/BrandWagon-100334421409230/?ref=bookmarks" target="_blank">Facebook</a> ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:89:"https://www.financialexpress.com/wp-content/uploads/2022/07/New-Hires-at-IVM-Podcasts.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:97:"https://www.financialexpress.com/wp-content/uploads/2022/07/New-Hires-at-IVM-Podcasts-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:57;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:84:"MedGenome Labs to now offer tests for assessing minimal residual disease in patients";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/healthcare/diagnostic/medgenome-labs-to-now-offer-tests-for-assessing-minimal-residual-disease-in-patients/2594372/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:23:54 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:10:"Diagnostic";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:10:"Healthcare";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:11:"diagnostics";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:9:"MedGenome";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/healthcare/diagnostic/medgenome-labs-to-now-offer-tests-for-assessing-minimal-residual-disease-in-patients/2594372/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:142:"According to doctors and experts, MRD is described as the number of very small cancer cells that remain in the body during or after treatment.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Sushmita Panda";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:30:13+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2220:"
MedGenome, a genomics research and diagnostics company, on Thursday announced that it is offering Adaptive Biotechnologies’ next-generation sequencing (NGS)-based clonoSEQ Assay to assess minimal residual disease (MRD) in patients with multiple myeloma (MM), chronic lymphocytic leukemia (CLL), and B-cell acute lymphoblastic leukemia (B-ALL).

According to doctors and experts, MRD is described as the number of very small cancer cells that remain in the body during or after treatment. The number of remaining cells can be so small that they do not show any physical signs or symptoms and often can go undetected through traditional methods.

MedGenome Labs claims that the clonoSEQ test may effectively detect and monitor MRD in patients with certain types of blood cancer. &#8220;It helps to detect MRD even at low levels offering a prognostic value to clinicians, helping them to assess how patients respond to treatment or if any change in disease management is required,&#8221; the company said in a press statement on Thursday.

&#8220;The test determines MRD at very low levels (10-6 sensitivity) as compared to other currently available assays for MRD detection and therefore imparts benefit to a larger number of patients. The test identifies dominant immune cell clones at the time of high disease burden that can be monitored after the treatment to determine MRD,&#8221; it added.

“At MedGenome, we have always been at the forefront of bringing innovative technologies in genomics, aiding clinicians to choose the right treatment/management regime for patients. We are excited to introduce clonoSEQ in India. This will be a valuable tool in monitoring treatment decisions leading to better patient outcomes across multiple types of blood cancers,&#8221; Vedam Ramprasad, PhD, Chief Executive Officer (India) of MedGenome Labs said in a statement.

“We are excited that MedGenome will be able to offer clonoSEQ to patients in India living with lymphoid malignancies. MRD assessment with clonoSEQ is a critical tool for physicians and patient to manager their disease,&#8221; Nitin Sood, Chief Commercial Officer, MRD, of Adaptive Biotechnologies stated.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:90:"https://www.financialexpress.com/wp-content/uploads/2022/07/laboratory-g3b48f0d47_1920.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:155:"MedGenome Labs claims that the clonoSEQ test may effectively detect and monitor MRD in patients with certain types of blood cancer. (Image Credit: Pixabay)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:98:"https://www.financialexpress.com/wp-content/uploads/2022/07/laboratory-g3b48f0d47_1920-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:58;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:111:"Karnataka’s Skill Development Ministry to launch its ambitious Skill Connect Portal on World Youth Skills Day";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:173:"https://www.financialexpress.com/industry/sme/msme-skil-karnatakas-skill-development-ministry-to-launch-its-ambitious-skill-connect-portal-on-world-youth-skills-day/2594387/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:22:22 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:3:"SME";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:9:"MSME News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:26:"MSME Policy small business";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:173:"https://www.financialexpress.com/industry/sme/msme-skil-karnatakas-skill-development-ministry-to-launch-its-ambitious-skill-connect-portal-on-world-youth-skills-day/2594387/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:226:"Skill, Labour, Talent for MSMEs: Karnataka Skill Connect Portal (KSCP) is touted to be a digital platform that will bring together academic institutions, various skilling agencies, potential workforce, and potential employers.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Sonal Khetarpal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:26:39+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3754:"
Skill, Labour, Talent for MSMEs: Karnataka Skill Development Corporation (KSDC) has received approval from the Karnataka Government to build its ambitious project <a>the Karnataka Skill Connect Portal (KSCP)</a>.

Karnataka Skill Connect Portal (KSCP) is touted to be a digital platform that will bring together academic institutions, various skilling agencies, potential workforce, and potential employers.

Government of Karnataka’s Section 8 organisation Karnataka Digital Economy Mission (KDEM) will act as a knowledge bridge between the government and the industry and support the department of skill development with advisory and program management services to successfully build the KSCP platform. Sanjeev Gupta, CEO, KDEM said, “KDEM will act as an industry guide to the department of skill development, bringing in technology, best practices, and process-based support for meeting the objectives of skilling programs in the state of Karnataka while providing the industry with access to skilled and trained manpower.”

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The KSCP platform’s approval was announced through a short video that was unveiled by the Chief Minister of Karnataka Basavraj Bommai,&nbsp;along with&nbsp;Dr. C N Ashwath Narayan, Karnataka’s Minister for Higher Education, IT, BT, &amp; ST, Skill Development, Entrepreneurship and Livelihood; Dr E V Ramana Reddy, ACS, Department of Electronics, IT BT S&amp;T and Sanjeev Gupta, CEO, KDEM.

Speaking on the occasion, Chief Minister of Karnataka Basavaraj Bommai said, “For us to be recognized on a global platform, we need to build a skilled workforce which can only be achieved if the youth of our state are provided with the right training and skillset.”

The portal will have online courses available that will allow aspiring employees and students to identify their skill gaps and enroll in training programs. There will also be a job listing feature that will enable them to not only train but also apply for jobs.

The KDEM’s statement on the launch said the portal will also have an AI-based career guidance service that will help candidates map their existing skills with jobs. The assessment will enable candidates to identify their skills gap and its AI tool will also suggest relevant training programs to strengthen their employment opportunities.

Dr. Ashwathnarayan C N, Hon&#8217;ble Minister, Dept of Electronics, IT BT S&amp;T said,&nbsp;“In a bid to encourage and increase employment while stimulating talent, we aim at furthering skill development initiatives in the technology space for the youth to create a robust start-up ecosystem.”

S Selva Kumar, Additional Chief Secretary, Department of Skill Development, Entrepreneurship and Livelihood, said,&nbsp;“Karnataka is leading the charts for providing a favourable ecosystem for the talent to learn and grow because of the state’s unwavering commitment to bridge the skill gap in order to transform the lives of the people. This platform by KSDC is a stride in this direction and to leverage our position globally in reinforcing talent building, stimulating entrepreneurship and innovation throughout Karnataka.”

Ashwin Gowda, Managing Director, Department of Skill Development&nbsp;said, “We are very hopeful of enabling an enriching platform to the ascending start-up environment of Karnataka and ensure the state’s competitiveness in the global market.”";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:79:"https://www.financialexpress.com/wp-content/uploads/2022/07/online-learning.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:87:"https://www.financialexpress.com/wp-content/uploads/2022/07/online-learning-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:59;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:52:"Delhi records 520 fresh COVID-19 cases, one fatality";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:110:"https://www.financialexpress.com/lifestyle/health/delhi-records-520-fresh-covid-19-cases-one-fatality/2594443/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:21:32 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:6:"Health";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:9:"Lifestyle";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:8:"Covid-19";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:110:"https://www.financialexpress.com/lifestyle/health/delhi-records-520-fresh-covid-19-cases-one-fatality/2594443/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:98:"The fresh infections came out of 15,114 COVID-19 tests conducted a day ago, according to the data.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:32:52+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1715:"
Delhi on Thursday recorded 520 fresh COVID-19 cases with a positivity rate of 3.44 per cent, while one more person succumbed to the viral disease, according to health department data.

With this, Delhi&#8217;s COVID-19 caseload climbs to 19,42,425 and its death toll to 26,289, it showed. The fresh infections came out of 15,114 COVID-19 tests conducted a day ago, according to the data.

On Wednesday, Delhi recorded 490 coronavirus cases with a positivity rate of 3.16 per cent and three fatalities due to the disease. On Tuesday, the city recorded 400 COVID-19 cases with a positivity rate of 2.92 per cent and one fatality. The city reported 280 cases of the disease with a positivity rate of 4.21 per cent on Monday.

Of the 9,490 beds for COVID-19 patients in Delhi hospitals, only 117 were occupied as on Thursday. Beds at Covid care centres and Covid health centres are lying vacant, the health department said in its bulletin.

The number of active COVID-19 cases in Delhi now stands at 1,935, down from 1,966 the previous day. As many as 1,318 patients are under home-isolation, it said. There are 233 containment zones in the national capital at present, the bulletin stated.

Delhi has reported a few cases of the BA.4 and BA.5 sub-variants of Omicron, which are highly transmissible, but experts have asked people not to panic as these sub-variants do not cause severe infection.

The number of daily Covid cases in Delhi touched the record high of 28,867 on January 13 during the third wave of the pandemic. The city had recorded a positivity rate of 30.6 per cent on January 14, the highest during the third wave of the pandemic.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-449.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:98:"With this, Delhi's COVID-19 caseload climbs to 19,42,425 and its death toll to 26,289, it showed.
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Campus 365, an edtech firm known for its school management software has announced that it has ventured into the corporate education sector. The news comes after its most recent collaboration with Daikin Japanese Institute of Manufacturing Excellence (DJIME).

With its unique one-stop software solution, Campus 365 will now manage student finances, track progress in classes, manage expenses, leave, attendance, admissions and even a vaccination tracker.

The recent partnership with DJIME has helped Campus 365 foray into the corporate education sector where the company is offering customisable and consolidated Enterprise Resource Planning (ERP) solution to the trainees of the ongoing certification course that the institute is offering since earlier this year.

In a statement earlier, Campus 365 has already mentioned that the association with DJIME is a stepping stone for the ed-tech firm to automate the Indian education industry and as a result raise the educational standards in India.

Campus 365 is a school ERP software based out of Gurgaon. Over the past two years, the need for online systems has been magnified, especially when it comes to schooling and education, Campus 365 has understood these needs and has made several strides in rolling out features that are useful for students, teachers, parents, and administration alike. Campus 365 claims to raised Rs 2.15 crores in seed funding in 2021.

Read also: <a href="https://www.financialexpress.com/education-2/maldivian-higher-edu-minister-meets-isdc-for-cooperation-and-internationalisation-of-maldives-education-sector/2594254/">Maldivian higher edu minister meets ISDC for cooperation and internationalisation of Maldives education sector</a>";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:82:"https://www.financialexpress.com/wp-content/uploads/2022/07/Untitled-design-16.png";s:4:"type";s:9:"image/png";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:57:"Campus 365 is a school ERP software based out of Gurgaon ";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:90:"https://www.financialexpress.com/wp-content/uploads/2022/07/Untitled-design-16-300x169.png";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:61;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:81:"CBI files fresh FIR against Mehul Choksi in Rs 55.27 crore Canara Bank fraud case";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:134:"https://www.financialexpress.com/india-news/cbi-files-fresh-fir-against-mehul-choksi-in-rs-55-27-crore-canara-bank-fraud-case/2594405/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:06:58 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:11:"Canara Bank";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:3:"CBI";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:12:"Mehul Choksi";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:134:"https://www.financialexpress.com/india-news/cbi-files-fresh-fir-against-mehul-choksi-in-rs-55-27-crore-canara-bank-fraud-case/2594405/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:140:"The agency has also booked Bezel Jewellery and its whole-time directors, including Choksi, Chetna Jhaveri, Dinesh Bhatia and Milind Limaye.
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The CBI has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly cheating a Canara Bank-led consortium to the tune of Rs 55.27 crore, officials said on Thursday.

The agency has also booked Bezel Jewellery and its whole-time directors, including Choksi, Chetna Jhaveri, Dinesh Bhatia and Milind Limaye. The Canara Bank and the Bank of Maharashtra had sanctioned Rs 30 crore and Rs 25 crore respectively as working capital facility under a consortium agreement to Bezel Jewellery.

It is alleged that though the loan was granted for the manufacturing and sale of gold and diamond-studded jewellery, the company did not route any of the business transactions through the account to hide diversion of funds.

The company did not repay the loan, causing a loss of Rs 55.27 crore to the consortium, the agency has alleged. Choksi is already wanted in a Rs 13,500-crore scam in the Punjab National Bank, along with his nephew Nirav Modi. Choksi has taken the citizenship of Antigua and Barbuda, where he is settled since he fled India in 2018.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-444.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:177:"The Canara Bank and the Bank of Maharashtra had sanctioned Rs 30 crore and Rs 25 crore respectively as working capital facility under a consortium agreement to Bezel Jewellery.
";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-444-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:62;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:106:"Sony Pictures Networks India acquires exclusive broadcast rights to World Athletics Championships Oregon22";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:159:"https://www.financialexpress.com/brandwagon/sony-pictures-networks-india-acquires-exclusive-broadcast-rights-to-world-athletics-championships-oregon22/2594334/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:05:26 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:11:"Brand Wagon";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"Sony";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:159:"https://www.financialexpress.com/brandwagon/sony-pictures-networks-india-acquires-exclusive-broadcast-rights-to-world-athletics-championships-oregon22/2594334/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:123:"Broadcast partnership includes exclusive television and digital rights including video-on-demand in the Indian subcontinent";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:16:"Vainavi Mahendra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:05:38+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3384:"
Sony Pictures Networks India (SPN) has acquired the media rights for the World Athletics Championships Oregon22, which is scheduled from July 15 &#8211; 24, 2022, in Eugene, Oregon, United States. As per the company, this deal will give SPN rights to broadcast the upcoming edition of the World Athletics Championships on its sports channels across India and the subcontinent, including Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka The association will also allow SPN to showcase all video-on-demand content for its viewers.

“We are pleased to have acquired the media rights of World Athletics Championships Oregon22 for India and the subcontinent. The World Athletics Championships Oregon22 is anticipated to be a gathering of the world athletes,” Rajesh Kaul, chief revenue officer, distribution and head – sports business, Sony Pictures Networks India, said.

The World Athletics Championships Oregon22, will be live telecast across SONY TEN 2 channels in India as well as livestreamed on SPN’s OTT platform, SonyLIV. The 2022 World Athletics Championships will be the 18th edition of the World Athletics Championships and will mark the first time the US hosts the most prestigious event in the sport. The 10-day grand sporting competition will host 2,000 athletes representing more than 200 nations, who will aim to give their best performance across 49 track and field disciplines.

“India is an important and growing market for athletics, partly as a consequence of the rising performance level of Indian athletes at our major championships. As a global organisation we want our sport to be available to athletics fans in every country in the world and this agreement with Sony Pictures Networks India will help us achieve that,” Jon Ridgeon, CEO, World Athletics, stated.

For India, Olympic javelin champion Neeraj Chopra will lead the country&#8217;s charge, heading a strong contingent that will include: Tajinderpal Singh Toor (Men&#8217;s Shot Put), Kamalpreet Kaur (Women&#8217;s Discus Throw), Priyanka Goswami (Women&#8217;s 20km Race Walk), Rahul Rohilla (Men&#8217;s 20km Race Walk), Sandeep Kumar (Men&#8217;s 20km Race Walk), Murali Sreeshankar (Men&#8217;s Long Jump), Jeswin Aldrin (Men&#8217;s Long Jump), Abdulla Aboobacker (Men&#8217;s Triple Jump), Avinash Sable (Men&#8217;s 3000m Steeplechase), Praveen Chitravel (Men&#8217;s Triple Jump), Seema Punia (Women&#8217;s discus throw) along with a team for the men&#8217;s 4&#215;400 relay and more.

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Follow us on<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress"> </a><a rel="noreferrer noopener" href="https://twitter.com/FEBrandWagon" target="_blank">Twitter</a>, <a rel="noreferrer noopener" href="https://www.instagram.com/brandwagononline/" target="_blank">Instagram</a>, <a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">LinkedIn, </a><a rel="noreferrer noopener" href="https://www.facebook.com/BrandWagon-100334421409230/?ref=bookmarks" target="_blank">Facebook</a> ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:73:"https://www.financialexpress.com/wp-content/uploads/2022/07/SOny-ten2.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:159:"The World Athletics Championships Oregon22, will be live telecast across SONY TEN 2 channels in India as well as livestreamed on SPN’s OTT platform, SonyLIV.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:81:"https://www.financialexpress.com/wp-content/uploads/2022/07/SOny-ten2-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:63;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:105:"Indian Vice President Elections 2022 Full Schedule: Voting Date and Time, Result – All You Need to Know";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:152:"https://www.financialexpress.com/india-news/indian-vice-president-elections-2022-full-schedule-voting-date-and-time-result-all-you-need-to-know/2594395/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 19:01:07 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:22:"Bharatiya Janata Party";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:14:"Venkaiah Naidu";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:152:"https://www.financialexpress.com/india-news/indian-vice-president-elections-2022-full-schedule-voting-date-and-time-result-all-you-need-to-know/2594395/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:246:"Vice Presidential Elections 2022 -Voting Date and Time, Full Schedule, Result: The VP is indirectly elected by an Electoral College by ‘proportional representation’ by means of a single transferable vote, and the voting is by a secret ballot.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Sayan Ganguly";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:04:21+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:4129:"
Vice Presidential Elections 2022 Voting Date and Time, Full Schedule: The voting to elect India&#8217;s 16th Vice-President will be held on August 6 as the tenure of incumbent M Venkaiah Naidu ends on August 10. The results will be announced on the same date as the polling and the new Vice-President will be sworn in on August 11. The last date of nomination is on July 19. The Vice President is the ex-officio chairperson of the Rajya Sabha and is the second highest constitutional post in the country after the President. Here is everything that you need to know about the Vice-presidential elections:

How is the Vice-President elected in India?

Article 63-71 of the Indian Constitution deals with the election, qualification and removal of the Vice President. The VP is indirectly elected by an Electoral College by ‘proportional representation’ by means of a single transferable vote, and the voting is by a secret ballot. Showing one&#8217;s ballot paper under any circumstances is not allowed, as per the directives of the Election Commission. No parties can issue any whip to its members to vote for a particular candidate. The electoral college consists of both elected and nominated members of the Lok Sabha and the Rajya Sabha. The ballot paper will consist of names of the candidates, and not carry any symbols. The electors will be given a specific pen for ticking their choice. Using any other pen can lead to the votes being rejected.

Total members of the Electoral College &#8211; 790 (Rajya Sabha: Elected &#8211; 233, Nominated &#8211; 12; Lok Sabha: Elected &#8211; 543, Nominated &#8211; 2)

For a nomination to be successful a candidate requires 20 MPs as proposers and another 20 MPs as seconders. A security deposit of Rs 15,000 has to be made by the candidate.

Who can be the Vice-President of India?

An Indian citizen, who has completed 35 years of age, and is qualified to be elected as a Rajya Sabha member, is eligible for the post. The person cannot hold any office of profit under the Government of India or any State or under any local government bodies.

The following persons are also eligible for the Vice-President&#8217;s post:

Current President of India Current Vice President of India Governor of any state MPs/MLAs

The term of the VP can be for five years. He/She can be re-elected indefinitely as there is no fixed retirement age for the post. In the absence of the President, due to death, impeachment or resignation, the VP assumes the role as the office of President is continuous and cannot be kept vacant. The VP draws a monthly salary of Rs 1.25 lakh and it is fixed by the Parliament. Unlike the President, the VP is not offered any official residence like the Rashtrapati Bhavan.

Vice-Presidential Election 2022 Schedule:

Here is the full schedule of polls to elect the Vice President of India:

<ul><li>Issue of Election Commission’s notification calling the election &#8211; July 5, 2022 (Tuesday)</li><li>Last date of making nominations &#8211; July 19, 2022 (Tuesday)</li><li>Date for the Scrutiny of nominations &#8211; July 20, 2022, (Wednesday)</li><li>Last date for the withdrawal of candidatures &#8211; July 22, 2022 (Friday)</li><li>Date on which a poll shall, if necessary, be taken &#8211; August 6, 2022 (Saturday)</li><li>Hours of poll &#8211; 10 am to 5 pm</li><li>Date on which counting, if required, shall be taken &#8211; August 6, 2022 (Saturday)</li></ul>

On June 29, the Election Commission announced the date for the polls following a meeting of the poll panel chaired by Rajiv Kumar, Chief Election Commissioner of India, and attended by Anup Chandra Pandey, Election Commissioner. Article 324 read with the Presidential and Vice-Presidential Elections Act, 1952 and the Presidential and Vice-Presidential Elections Rules, 1974, vest the responsibility of conducting elections to the office of the Vice-President of India with the Election Commission of India.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:80:"https://www.financialexpress.com/wp-content/uploads/2022/03/M-Venkaiah-Naidu.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:44:"Vice President M Venkaiah Naidu (File image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:88:"https://www.financialexpress.com/wp-content/uploads/2022/03/M-Venkaiah-Naidu-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:64;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:104:"Truecaller takes on Twitter Spaces, Clubhouse with new ‘Open Doors’ app for Android, iPhone: Details";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:157:"https://www.financialexpress.com/industry/technology/truecaller-takes-on-twitter-spaces-clubhouse-with-new-open-doors-app-for-android-iphone-details/2594402/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:55:39 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:10:"Technology";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"technology news";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:10:"Truecaller";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:157:"https://www.financialexpress.com/industry/technology/truecaller-takes-on-twitter-spaces-clubhouse-with-new-open-doors-app-for-android-iphone-details/2594402/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:52:"The app is available for both Android and iOS users.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Shriparna Saha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:16:18+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1649:"
Truecaller has launched a new app called Open Doors, which allows users to make private audio conversations. The company claims that it&#8217;s easy to use and is aimed at taking on services like Twitter Spaces and Clubhouse. The app is available for both Android and iOS users.

&#8220;Our new app Open Doors was born out of a simple question &#8211; how can we help people make new connections without being intrusive? And this is what we want to do: to bridge the world using the most natural form of communication, our voices&#8221;, said the company in an official blog post.

The app is currently available in various languages, such as English, Hindi, Spanish, Latin, and French. According to the company, conversations that are happening through the app are never stored anywhere. Also, nobody can listen in on them without your permission.

How OpenDoors works

The company claims that the process of signing in with Open Doors is simple. If you&#8217;re already a Truecaller user, then you can just tap the app&#8217;s icon and sign in with one tap. However, if you&#8217;re not a user of the app, then you&#8217;ll need to provide a one-time password or a missed call to get the verification process started.

The app only needs two permissions to function: contacts and phone permission. It&#8217;s a completely secure app, and the participants can&#8217;t see each other&#8217;s phone numbers.

As a user of Open Doors, you can set the time and start a conversation at any time. You can also let your friends join the conversation by clicking on a link you share.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:111:"https://www.financialexpress.com/wp-content/uploads/2022/07/IMAGE-Truecaller-launches-Open-Doors-MEDIABRIEF.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:83:"As a user of Open Doors, you can set the time and start a conversation at any time.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:119:"https://www.financialexpress.com/wp-content/uploads/2022/07/IMAGE-Truecaller-launches-Open-Doors-MEDIABRIEF-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:65;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:119:"Nupur Sharma case: AG Venugopal declines consent to initiate contempt proceedings against former Delhi HC judge, others";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:170:"https://www.financialexpress.com/india-news/nupur-sharma-case-ag-venugopal-declines-consent-to-initiate-contempt-proceedings-against-former-delhi-hc-judge-others/2594397/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:54:05 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:170:"https://www.financialexpress.com/india-news/nupur-sharma-case-ag-venugopal-declines-consent-to-initiate-contempt-proceedings-against-former-delhi-hc-judge-others/2594397/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:302:"In a letter, advocate C R Jaya Sukin had sought the AG's consent to initiate criminal contempt of court against Dhingra, former additional solicitor general Aman Lekhi and senior advocate K Rama Kumar for calling the top court's observations in Nupur Sharma's case "irresponsible, illegal and unfair".
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Attorney General K K Venugopal has refused sanction to initiate contempt proceedings against former Delhi High Court judge S N Dhingra and two others for criticising the Supreme Court over its oral observations against suspended BJP leader Nupur Sharma. In a letter, advocate C R Jaya Sukin had sought the AG&#8217;s consent to initiate criminal contempt of court against Dhingra, former additional solicitor general Aman Lekhi and senior advocate K Rama Kumar for calling the top court&#8217;s observations in Nupur Sharma&#8217;s case &#8220;irresponsible, illegal and unfair&#8221;. Venugopal said the statements made by the three people were neither &#8220;vituperative or abusive&#8221; nor were they likely to interfere with the administration of justice by the Supreme Court. &#8220;I have gone through your request seeking consent to initiate proceedings for criminal contempt against Justice (retd) S N Dhingra, Mr Aman Lekhi and Mr K Rama Kumar senior advocate. I find that the statements made by three persons, who are in the realm of fair comment, on a hearing conducted by the Supreme Court. &#8220;The statements are not vituperative or abusive nor are they likely to interfere with the administration of justice by the Supreme Court of India. It may be noted that the Supreme Court, in a large number of judgements, has held that fair and reasonable criticism of judicial proceedings would not constitute contempt of court,&#8221; the AG said in his letter. Venugopal said he was not satisfied that the criticism made by the three people named in the letter was with malice or an attempt to impair the administration of justice. &#8220;I am not satisfied that the criticism made by the three persons named in your letter is with malice or is an attempt to impair the administration of justice, or that it was a deliberate and motivated attempt to bring down the image of the judiciary. In the circumstances, I accordingly decline consent to initiate proceedings to criminal contempt of the Supreme Court,&#8221; he said. A vacation bench of justices Surya Kant and J B Pardiwala had on July 1 severely reprimanded Sharma for her comment against Prophet Mohammad, saying her &#8220;loose tongue&#8221; has &#8220;set the entire country on fire&#8221; and that she was &#8220;single-handedly responsible for what is happening in the country&#8221;. Refusing to entertain Sharma&#8217;s plea for clubbing of FIRs lodged in various states against her for the remark, the bench had said that the comment was made either for cheap publicity, political agenda, or some nefarious activities.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:71:"https://www.financialexpress.com/wp-content/uploads/2022/07/nupur-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:25:"Nupur Sharma (File photo)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:79:"https://www.financialexpress.com/wp-content/uploads/2022/07/nupur-1-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:66;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:85:"Automatic exchange of info should also cover assets like crypto: FM Sitharaman at G20";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:143:"https://www.financialexpress.com/digital-currency/automatic-exchange-of-info-should-also-cover-assets-like-crypto-fm-sitharaman-at-g20/2594309/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:50:59 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:16:"Digital Currency";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:6:"crypto";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:10:"G20 summit";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:143:"https://www.financialexpress.com/digital-currency/automatic-exchange-of-info-should-also-cover-assets-like-crypto-fm-sitharaman-at-g20/2594309/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:336:"At the G20 Ministerial Symposium on Tax and Development in Bali, Sitharaman said investigations have shown that numerous layers of entities are often set up by tax evaders to conceal their unaccounted assets even though the automatic exchange of information framework provides for financial account information to various jurisdictions.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:51:24+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1752:"
Finance minister Nirmala Sitharaman on Thursday said G20 should examine the feasibility of bringing non-financial assets like crypto in the ambit of automatic exchange of information among nations to check tax evasion.

At the G20 Ministerial Symposium on Tax and Development in Bali, Sitharaman said investigations have shown that numerous layers of entities are often set up by tax evaders to conceal their unaccounted assets even though the automatic exchange of information framework provides for financial account information to various jurisdictions.

Tax evaders, being smart, explore other avenues to shift their unaccounted wealth through investment in non financial assets, she noted.

&#8220;While the development of crypto asset reporting framework is underway, I call upon the G20 to examine feasibility of an automatic exchange of information in respect of other non-financial assets beyond those covered under the Common Reporting Standards (CRS) like immovable properties as well,&#8221; she said.

Sitharaman has been making a strong case for global regulation of cryptocurrencies to tackle the risks on money laundering and terror funding.

In the area of tax transparency, she said, considerable progress has been made with the automatic exchange of information in respect of financial accounts, while over 100 countries have committed to exchanging financial account information under the CRS.

Several other jurisdictions which are not yet part of the framework will have to be brought in, she said, adding &#8220;I would think it is for the G20 to play the role of a catalyst in encouraging these jurisdictions to become part of the automatic exchange of information.&#8221;";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-442.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:136:"Tax evaders, being smart, explore other avenues to shift their unaccounted wealth through investment in non financial assets, she noted.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-442-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:67;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:79:"WhatsApp feature update to let users put voice notes as status, says new report";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:140:"https://www.financialexpress.com/industry/technology/whatsapp-feature-update-to-let-users-put-voice-notes-as-status-says-new-report/2594394/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:50:46 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:10:"Technology";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"technology news";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:8:"Whatsapp";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:16:"WhatsApp updates";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:140:"https://www.financialexpress.com/industry/technology/whatsapp-feature-update-to-let-users-put-voice-notes-as-status-says-new-report/2594394/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:108:"The report suggests that users will be able to record and upload their voice notes as their WhatsApp Status.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Shriparna Saha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:17:32+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1766:"
WhatsApp introduced its &#8216;Status&#8217; feature in 2017 following in the footsteps of sister platforms, Facebook and Instagram, and turning it for the first time into a platform for passively consuming content. But now, the app is going the extra mile bringing in the option to add a voice note as your status for your profile. along with photo videos or GIFs.

According to a report by WABetainfo, WhatsApp is working on an update that will allow users to add a voice note to their profile. The feature is expected to be released in the coming weeks.

The report suggests that users will be able to record and upload their voice notes as their WhatsApp Status. They will also be able to add an audio file to their profile. Similar to how it does with videos and photos, WhatsApp users will be able to set their privacy settings.

Besides being able to record and share audio content, the end-to-end encryption of WhatsApp also makes it a safer option for users when it comes to sharing content. Voice has become a vital part of social media platforms like Facebook and Instagram, and users are now turning to voice notes as the go-to option for all messaging needs.

The company had already been working on bringing voice notes to its Status feature for some time now. The latest test suggests that the feature will be available to its users very soon. As mentioned earlier, the company will start the formal process by bringing the tool to its beta testers, and after successfully clearing all the issues, it will be ready for a wider release.

Besides voice notes, WhatsApp is also working on adding more than 30 new emojis to its platform. These include a pink heart emoji, a shaking head, and a hi-five icon.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/whatsapp-2-1.jpeg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:102:"The company had already been working on bringing voice notes to its Status feature for some time. now.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:85:"https://www.financialexpress.com/wp-content/uploads/2022/07/whatsapp-2-1-300x167.jpeg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:68;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:94:"Ludhiana railway station revamp: Indian Railways releases first glimpse of the proposed design";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:159:"https://www.financialexpress.com/infrastructure/railways/ludhiana-railway-station-revamp-indian-railways-releases-first-glimpse-of-the-proposed-design/2594384/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:46:47 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:8:"Railways";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:159:"https://www.financialexpress.com/infrastructure/railways/ludhiana-railway-station-revamp-indian-railways-releases-first-glimpse-of-the-proposed-design/2594384/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:119:"The project, which is part of the ongoing redevelopment of the Indian Railways, has been in the works for a long time. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Shriparna Saha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:46:54+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2591:"
Punjab&#8217;s Ludhiana Junction Railway Station is set to be revamped at an expected cost of around Rs 300 crore. The project, which is part of the ongoing redevelopment of the Indian Railways, has been in the works for a long time. On Thursday, the Ministry of Railways released a glimpse of the proposed design of the station.

“A fascinating upgrade for the trade &amp; commerce hub of Punjab! A glimpse of the proposed design of the to-be redeveloped Ludhiana Jn. Station, read the tweet.

<figure class="wp-block-embed is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet" data-width="500" data-dnt="true">A fascinating upgrade for the trade &amp; commerce hub of Punjab! Glimpse of the proposed design of the to-be redeveloped Ludhiana Jn. Station. <a href="https://t.co/5knqxF8cjh">pic.twitter.com/5knqxF8cjh</a>&mdash; Ministry of Railways (@RailMinIndia) <a href="https://twitter.com/RailMinIndia/status/1547080327926931456?ref_src=twsrc%5Etfw">July 13, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div></figure>

The project will be carried out through an integrated procurement, construction, and engineering process. It is estimated that the work on the station will be completed in about 24 months.

The authorities plan to provide various lifts and stairs at the station to make it easier for passengers to reach the platform. They also plan to link the station with the elevated roads. A second floor will additionally be built under the project.

Besides these, other facilities such as a VIP lounge, food courts, and air-conditioned waiting rooms will also be added to the station. This will be the first major revamp of the station, which was opened in 1860 by the Britishers. It is one of the major junctions of the Ferozepur railways division.

The authorities are also planning to link the station with the Shamnagar road. Although the station has not undergone any major renovation since it was established, it will still get an upgraded entrance. This will be done in two phases. The parking areas, civil lines, and food courts will additionally get upgraded.

The old residential quarters near the railway station will also be demolished to make space for the revamped station. The entry and exit points of the Civil lines and Old GT Road will additionally be improved. In addition, the railway yard will be upgraded to increase the speed of trains.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:89:"https://www.financialexpress.com/wp-content/uploads/2022/07/ludhiana-railway-station.jpeg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:60:"A second floor will additionally be built under the project.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:97:"https://www.financialexpress.com/wp-content/uploads/2022/07/ludhiana-railway-station-300x167.jpeg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:69;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:43:"Sports Metaverse launches virtual land sale";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:102:"https://www.financialexpress.com/digital-currency/sports-metaverse-launches-virtual-land-sale/2594377/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:40:53 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:16:"Digital Currency";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:14:"cryptocurrency";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:3:"NFT";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:6:"web3.0";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:102:"https://www.financialexpress.com/digital-currency/sports-metaverse-launches-virtual-land-sale/2594377/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:90:"Sports Metaverse said it was partnering with LandWorks, a protocol developed by EnterDao.
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Sports Metaverse announced the launch of a public land sale, where landowners can acquire fan caves to hang out with friends globally, customise their own NFTs, play pool, stream sports events, advertise and let their land to tenants.

“We have assembled the best metaverse builders in the space, the most forward-thinking web3.0&nbsp; brands and some of the biggest sports people of all time. The Sports Metaverse is the new frontier &#8211; the future of sports is billions of fans instantly connected with one another, their sports icons and brands in the metaverse,” Chris Worsey, SportsIcon, CEO, co-founder, said.

Users can trade NFTs, buy land, interact with iconic sportspeople, and visit stadiums. Special purpose land like building a stadium or an event hall will also be possible, the company claimed.

Sports Metaverse said it was partnering with LandWorks, a protocol developed by EnterDao, that enables VR landowners to let their land permission lessly, listing it for specific prices on which would-be tenants can make bids.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:84:"https://www.financialexpress.com/wp-content/uploads/2022/07/SPORTS-JPG_page-0001.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:107:" The company claimed users can trade NFTs, buy land, interact with iconic sportspeople, and visit stadiums.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:92:"https://www.financialexpress.com/wp-content/uploads/2022/07/SPORTS-JPG_page-0001-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:70;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:71:"Pescafresh rolls out OOH and social media campaign to promote Pescalive";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:124:"https://www.financialexpress.com/brandwagon/pescafresh-rolls-out-ooh-and-social-media-campaign-to-promote-pescalive/2594332/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:40:24 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:11:"Brand Wagon";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:11:"Advertising";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:124:"https://www.financialexpress.com/brandwagon/pescafresh-rolls-out-ooh-and-social-media-campaign-to-promote-pescalive/2594332/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:140:"Through the campaign, the company aims to drive Pescafresh’s product visibility and communicate brand messaging to the customers in Mumbai";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:16:"Vainavi Mahendra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:41:04+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2511:"
D2C seafood and meat brand Pescafresh has unveiled an out-of-home (OOH) campaign in Mumbai to promote their recently launched tech-platform Pescalive. The campaign has been ideated and planned by the in-house team. The company has used 30 BEST buses displaying features of Pescalive. Furthermore, the campaign is also live on social media platforms.

According to the company, the objective is to drive product visibility and communicate brand messaging to the customers. Leveraging on the creative elements with a new twist, the campaign will be running for the entire month of July. It will help the brand not only reach out to the new audience, but will also strengthen the brand presence.

BEST buses have been an integral part of Mumbai&#8217;s identity, Sangram Sawant, founder, Pescafresh. “What makes BEST bus advertising especially effective and powerful is that you can’t ignore it. The new campaign has allowed us the flexibility to be creative with our messages, ‘what you see is, what you get, with Pescalive.’ It has given us a larger canvas to drive our message more effectively to our target audience on the roads,” he added.

The brand has designed the campaign with a message on Pescalive encouraging the consumer to log in to the app everyday. On digital, the platform has started influencers editions, live cooking sessions with renowned chefs, interactions with food bloggers and more. On Pescalive, customers will also get to see the right tips for buying seafood, hacks to cook and other information on Pescafresh products.

Pescafresh had recently raised funds and aims to invest it in geographical expansions and technological intervention. Pescafresh, which is currently present in Mumbai, will soon launch its operations in Pune and Delhi NCR.

Read Also: Apollo Tyres appoints Vikram Garga as regional group head for marketing

Follow us on<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress"> </a><a rel="noreferrer noopener" href="https://twitter.com/FEBrandWagon" target="_blank">Twitter</a>, <a rel="noreferrer noopener" href="https://www.instagram.com/brandwagononline/" target="_blank">Instagram</a>, <a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">LinkedIn, </a><a rel="noreferrer noopener" href="https://www.facebook.com/BrandWagon-100334421409230/?ref=bookmarks" target="_blank">Facebook</a> ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:66:"https://www.financialexpress.com/wp-content/uploads/2022/07/3.jpeg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:113:"Leveraging on the creative elements with a new twist, the campaign will be running for the entire month of July. ";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:74:"https://www.financialexpress.com/wp-content/uploads/2022/07/3-300x169.jpeg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:71;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:80:"RRB NTPC CBT 2 Guwahati exam dates released: Check details at rrbguwahati.gov.in";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:125:"https://www.financialexpress.com/jobs/rrb-ntpc-cbt-2-guwahati-exam-dates-released-check-details-at-rrbguwahati-govin/2594367/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:29:39 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:18:"Jobs and Education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"Jobs";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:10:"Jobs India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:8:"railways";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:125:"https://www.financialexpress.com/jobs/rrb-ntpc-cbt-2-guwahati-exam-dates-released-check-details-at-rrbguwahati-govin/2594367/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:91:"In its notice, the RRB has said that the NTPC CBT 2 Guwahati exams will be computer-based. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:17:"Subhajit Dasgupta";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:29:44+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1898:"
RRB Recruitment: The Railway Recruitment Board (RRB) has released the exam dates for RRB NTPC CBT 2 Guwahati on its official website rrbguwahati.gov.in. As per the board, while the exam will start on August 10, 2022, it will go on till August 12, 2022.

The board has announced these dates for pay levels 2, 3, and 5. In its notice, the RRB has also said that the NTPC CBT 2 Guwahati exams will be computer-based. It may be noted that the second stage exams CEN-01/2019 for RRB Guwahati were to be held between June 15, 2022, to June 17, 2022, but had to be postponed due to floods and landslides.

Now, the level 5 exam has been postponed to August 10, 2022, level 2 to August 11, 2022, and level 3 to August 12, 2022. It may be noted that dates are tentative and can be changed as per the prevailing situation.

Also, candidates who are appearing for CBT-2 for different levels will get different e-call letters for each dates and level. According to RRB, even as a candidate will be scheduled for all exams in the same city, the exam center can be different. All candidates will be given common city intimation slips.

Importantly, candidates appearing for RRB NTPC CBT 2 Guwahati exam can download their Railway Recruitment Board admit card four days before the exam. They will also be required to carry their original Aadhaar card at the exam centres. Candidate&#8217;s Aadhaar-linked biometric authentication will be done in the examination hall before the start of the exam.

Meanwhile, RRB is all set to conduct recruitment exams for Group D 2019 pay level 1 exam. It will conduct the exam from August 17, 2022, onwards in several phases. RRB was to conduct the exam on February 23, 2022, but it was postponed due to nationwide protests of appearing candidates. The Railway Recruitment Board then released the revised schedule on the website.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:67:"https://www.financialexpress.com/wp-content/uploads/2022/07/rrb.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:210:"It may be noted that the second stage exams CEN-01/2019 for RRB Guwahati were to be held between June 15, 2022, to June 17, 2022, but had to be postponed due to floods and landslides. (Representative image: IE)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:75:"https://www.financialexpress.com/wp-content/uploads/2022/07/rrb-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:72;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:110:"Maldivian higher edu minister meets ISDC for cooperation and internationalisation of Maldives education sector";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:164:"https://www.financialexpress.com/education-2/maldivian-higher-edu-minister-meets-isdc-for-cooperation-and-internationalisation-of-maldives-education-sector/2594254/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:28:22 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:9:"Education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:164:"https://www.financialexpress.com/education-2/maldivian-higher-edu-minister-meets-isdc-for-cooperation-and-internationalisation-of-maldives-education-sector/2594254/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:181:"Hasan has also expressed his interest to follow ISDC model in Karnataka such as Design Thinking with World Design Council (WDC) and Data Literacy with Institute of Analytics (IoA). ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"jhumur nandi";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:28:26+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1863:"
Ibrahim Hasan, higher education minister, Maldives has held a meeting with International Skill Development Corporation (ISDC) officials to expand and implement the Indian education model in Maldives. The Minister and his team held a meeting with Tom Joseph, executive director &#8211; Strategy and Development, ISDC and Teresa Jacobs, executive director &#8211; Learning, ISDC in Bengaluru.

ISDC is the leading International Education Company promoting British education and skills. The UK based company is already working with an excess of 700 Universities and aims to bridge the skill gap globally with a team of highly skilled professionals and has supported thousands of students achieving their dreams.

Hasan also held meeting with Ashwath Narayan, minister of higher education, Karnataka and briefed him about the initiatives taken by the Government in implementing NEP. He also briefed the minister about their initiatives with ISDC like the inclusion of the design thinking in the curriculum and data literacy projects from the school level.

The minister has expressed its interest to collaborate with ISDC for the introduction of British professional bodies into the country and to explore avenues of internationalization through the Scottish Qualifications Authority. Hasan has also expressed his interest to follow ISDC model in Karnataka such as Design Thinking with World Design Council (WDC) and Data Literacy with Institute of Analytics (IoA). The Minister has been invited to UK for the next level meeting with the ISDC Global Headquarters later this month.

Read also: <a href="https://www.financialexpress.com/education-2/omotec-partners-with-kamakshi-sharma-to-educate-students-on-cyber-security/2594243/">OMOTEC partners with Kamakshi Sharma to educate students on Cyber Security</a>";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:70:"https://www.financialexpress.com/wp-content/uploads/2022/07/Pic-1.jpeg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:116:"The Minister has been invited to UK for the next level meeting with the ISDC Global Headquarters later this month.
 ";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:78:"https://www.financialexpress.com/wp-content/uploads/2022/07/Pic-1-300x169.jpeg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:73;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:87:"Proportion of unmarried youth rising, finds govt survey; Jammu and Kashmir, UP top list";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:137:"https://www.financialexpress.com/india-news/proportion-of-unmarried-youth-rising-finds-govt-survey-jammu-and-kashmir-up-top-list/2594320/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:24:11 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:17:"Jammu and Kashmir";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:13:"Uttar Pradesh";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:137:"https://www.financialexpress.com/india-news/proportion-of-unmarried-youth-rising-finds-govt-survey-jammu-and-kashmir-up-top-list/2594320/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:155:"While the proportion of the population aged under 15 years is projected to decline, the elderly in the population is expected to increase, it also stated.
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The proportion of unmarried persons within the age bracket of 15-29 years has increased to 23 per cent in 2019 from 17.2 per cent in 2011, according to a government survey.

As per the National Youth Policy 2014, those aged 15 to 29 years are classified as youth.

The latest report of the National Statistical Office stated that the percentage share of the youth population (15-29 years) who are never married has shown an increasing trend in the male population from 20.8 per cent in 2011 to 26.1 per cent in 2019 and similar trend has been observed in case of the female population. The proportion of unmarried females rose from 13.5 per cent in 2011 to 19.9 per cent.

In 2019, the highest percentage share of youth population who are never married have been observed in the States/UTs of Jammu &amp; Kashmir followed by Uttar Pradesh, Delhi and Punjab and the lowest have been observed in the States/UTs of Kerala, Tamil Nadu, Andhra Pradesh, Himachal Pradesh and Madhya Pradesh, it stated.

However, the report did not attribute any reason for rising in the proportion of unmarried youth. It stated that early marriage in India has been declining over time.

The data showed that among the adolescent women (15-19 years), 1.7 per cent of women have been first married by the age of 15 years during 2019-21 as compared to 11.9 per cent in 2005-06.

Age at marriage also seems to have increased over the years. A significant reduction has been observed in the level of age at first marriage for women in the 25-29 years age cohort as only 52.8 per cent of women have been first married by the age of 20 years during 2019-2021 as compared to 72.4 per cent in 2005-06, it stated.

Men tend to marry considerably later than women in India since 42.9 per cent of males in the 25-29 years age cohort were first married by the age of 25 years in 2019-21. This percentage was almost double at 83 per cent for females. The percentage of the population who never married also has increased among both males and females in all age groups over the years.

The median age at first marriage increased steadily from 17.4 years in 2005-06 to 19.7 years in 2019-21 for women in the 25-29 age cohort. A similar trend has also been observed for the median age at first cohabitation in the same age cohort during the same period.

It showed that the more educated the woman is, the higher the median age at first marriage, with the median among women aged 25-29 who have completed 12 or more years of education exceeding the median age among women having no schooling by 5.5 years during 2019-21.

Further, one good thing is the median age at marriage has increased by two years for women with no schooling and by 1.2 years for those who have not even completed their primary education during this period, it stated.

The percentage of women aged 20-24 years married before age 18 years in the country has halved in the last 15 years from 47 per cent in 2005-2006 to 23 per cent in 2019-21. Similarly, teenage pregnancy and motherhood have declined from 16 per cent to 7 per cent during the same period, it stated.

India&#8217;s population, which reached 1,211 million in 2011 and is projected to reach 1,363 million in 2021 makes India one of the youngest countries in the world, with 27.3 per cent of its population aged 15–29 years, i.e., youth (Report of Technical Group on Population Projections for India and States 2011-2036, Ministry of Health &amp; Family Welfare), it stated.

In terms of absolute numbers, between 2011 and 2036, because of the declining fertility and increasing life expectancy, the population pyramid of the country will undergo a shift, it stated.

While the proportion of the population aged under 15 years is projected to decline, the elderly in the population is expected to increase, it also stated. However, it stated that the youth population is expected to increase initially but will start to decline in the latter half of the 2011-2036 period. The total youth population increased from 222.7 Million in 1991 to 333.4 Million in 2011 and is projected to reach 371.4 Million by 2021 and thereafter decrease to 345.5 million by 2036, it said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-441.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:108:"The proportion of unmarried females rose from 13.5 per cent in 2011 to 19.9 per cent. (Representative image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-441-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:74;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:90:"States told to ensure screening, testing of all suspect monkeypox cases at points of entry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/lifestyle/health/states-told-to-ensure-screening-testing-of-all-suspect-monkeypox-cases-at-points-of-entry/2594346/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 18:15:39 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:6:"Health";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:9:"Lifestyle";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:148:"https://www.financialexpress.com/lifestyle/health/states-told-to-ensure-screening-testing-of-all-suspect-monkeypox-cases-at-points-of-entry/2594346/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:212:"A majority of these cases have been reported from the European region (86 per cent) and the Americas (11 per cent). This points at a slow but sustained increase in the spread of monkeypox cases globally, he said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:15:46+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2913:"
Amid a rise in monkeypox cases globally, the Centre on Thursday asked states to ensure screening and testing of all suspect cases at points of entry and in the community as part of India&#8217;s preparedness against the disease.

It also asked the states and Union Territories to identify hospitals and ensure adequate human resources and logistic support to manage any suspect or confirmed monkeypox case.

In a letter, Union Health Secretary Rajesh Bhushan said the World Health Organization (WHO) has reported that from January 1 to June 22, a total of 3,413 laboratory-confirmed monkeypox cases and one death have been reported to it from 50 countries and territories.

A majority of these cases have been reported from the European region (86 per cent) and the Americas (11 per cent). This points at a slow but sustained increase in the spread of monkeypox cases globally, he said.

Considering this is the first time that cases and clusters are being reported concurrently in five WHO Regions, the global health body has assessed the overall risk of spread of cases as &#8216;moderate at the global level&#8217;.

&#8220;Continued expansion of monkeypox disease globally calls for proactive strengthening and operationalisation of requisite public health actions for preparedness and response against the disease in India also,&#8221; Bhushan said.

He reiterated some of the key actions that need to be taken by all states and Union Territories in line with the Health Ministry&#8217;s guidelines on the subject. The key actions include orientation and regular re-orientation of all key stakeholders including, health-screening teams at points of entry, disease surveillance teams and doctors in hospitals about common signs and symptoms, differential diagnosis, contacts and contact tracing, among others.

Bhushan urged them to ensure screening and testing of all suspect cases at points of entry, and in the community, patient isolation until all lesions have resolved and scabs have completely fallen off, protection of ulcers, and symptomatic and supportive therapies.

Continued monitoring and timely treatment of complications remain key measures in preventing mortality, the Union health secretary said. He also stressed that intensive risk communication directed at healthcare workers, identified sites in health facilities as well as the public about preventive strategies and the need for prompt reporting of cases needs to be undertaken.

The states were asked to ensure adequate human resources and logistic support at identified hospitals equipped to manage suspected and confirmed monkeypox cases. &#8220;As the COVID-19 pandemic continues to pose challenges, it is vital we remain aware and alert about other public health threats and proactively prepare ourselves to tackle them,&#8221; Bhushan said.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-443.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:176:"It also asked the states and Union Territories to identify hospitals and ensure adequate human resources and logistic support to manage any suspect or confirmed monkeypox case.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-443-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:75;a:6:{s:4:"data";s:23:" 
 
 
 
 
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Asus will launch the Zenfone 9, its next gen flagship phone globally on July 28. The Taiwanese major is holding simultaneous events in New York, Berlin, and Taipei to launch the Zenfone 8 successor. It isn’t immediately clear if India falls among the first wave of countries where the Zenfone 9 will be made available post launch. The ROG Phone 6 series prices in India were revealed at the same time as global launch— though there is still no word on actual availability— so there’s some hope for the Zenfone 9, too. But we’ll see.

<h2>ASUS ZENFONE 9 EXPECTED SPECS, DESIGN</h2>

An official-looking promo video of the alleged Zenfone 9 has leaked already online giving us a good look –or at least some idea—of the phone’s design as well as key specs. Like the Zenfone 8, the Zenfone 9 is also being billed as a compact flagship which is to say it will pack high-end hardware including Qualcomm’s latest and greatest chip inside a sleek iPhone mini-like chassis.

Based on the leaked video, it seems the design of the Zenfone 9 would be completely different from that of its predecessor with relatively flatter –metallic—sides and a much more striking dual camera assembly. The same seems true about the choice of colours, too, as Asus appears to be going for more energetic, bolder hues including blue and red, in addition to the standard silver and black flavours. The Zenfone 9 will also come with a dedicated smart key called “Zentouch” for quick shortcuts like slide to scroll through a page when you’re browsing.

<figure class="wp-block-embed"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet" data-width="500" data-dnt="true">We can’t wait to share this exciting news with you – we’ll be live on July 28 at 9.00 p.m. (UTC+8) to reveal the most grabbable Zenfone 9 ever! Save the date ???? <a href="https://t.co/E7CuOIAvoE" rel="nofollow">https://t.co/E7CuOIAvoE</a>&mdash; ASUS (@ASUS) <a href="https://twitter.com/ASUS/status/1547068300420579328?ref_src=twsrc%5Etfw">July 13, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div></figure>

Rumoured specs include a 5.9-inch AMOLED display with a 120Hz refresh rate, Qualcomm Snapdragon 8+ Gen 1 chip, 50MP Sony IMX766 main sensor with gimbal-stabilised lens, and 4,300mAh battery. The phone is also said to be IP68-certified for dust and water resistance. Stay tuned for more.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:67:"https://www.financialexpress.com/wp-content/uploads/2022/07/zen.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:77:"Like the Zenfone 8, the Zenfone 9 is also being billed as a compact flagship.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:75:"https://www.financialexpress.com/wp-content/uploads/2022/07/zen-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:76;a:6:{s:4:"data";s:22:" 
 
 
 
 
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Lok Sabha Speaker Om Birla on Thursday said no word has been banned from use in Parliament and members are free to express their views while maintaining decorum of the House. Birla&#8217;s comments came amid a controversy over publication of a booklet by the Lok Sabha Secretariat that listed words such as &#8216;ashamed&#8217;, &#8216;jumlajeevi&#8217;, &#8216;taanashah&#8217;, &#8216;abused&#8217;, &#8216;betrayed&#8217;, &#8216;corrupt&#8217;, &#8216;drama&#8217;, &#8216;hypocrisy&#8217; and &#8216;incompetent&#8217; as unparliamentary expressions. &#8220;No word has been banned. Members are free to express their views. No one can snatch that right, but it should be as per decorum of Parliament,&#8221; Birla told reporters even as the Opposition targeted the government, accusing it of listing every word used by them to &#8220;describe how BJP was destroying India&#8221; as unparliamentary. Birla said people unaware of parliamentary practices were making all kinds of comments and asserted that legislatures were independent of government. &#8220;It is a routine practice continuing since 1959,&#8221; he said referring to the release of the booklet compiling lists of words and expressions deemed unparliamentary. Birla said words chosen for expunging have been used by members of the ruling party as well as the opposition.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-380.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:93:"Birla said people unaware of parliamentary practices were making all kinds of comments. (PTI)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-380-300x200.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"200";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:77;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:67:"Uber India announces new initiatives at its Driver Advisory Council";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:126:"https://www.financialexpress.com/express-mobility/uber-india-announces-new-initiatives-at-its-driver-advisory-council/2594314/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:53:31 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:16:"Express Mobility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:126:"https://www.financialexpress.com/express-mobility/uber-india-announces-new-initiatives-at-its-driver-advisory-council/2594314/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:162:"Launched in March 2022, the Driver Advisory Council aims to facilitate a two-way dialogue between Uber and drivers across six metro cities to address key issues. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:11:"Yash Sharma";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:53:36+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3658:"
Uber India hosted the second meeting of its National Driver Advisory Council (DAC) in Gurugram. Launched as an initiative to take direct feedback from drivers across product categories to improve their experience of driving on Uber. The DAC convened for its second edition which saw participation from drivers from Delhi NCR, Mumbai, and Kolkata sharing their feedback and taking stock of the initiatives announced earlier.

The company has announced changes rooted in the Council’s feedback including the roll-out of an unconditional upfront drop-off destination across India, hassle-free app login, and enhanced support for drivers on the Uber platform.

Launched in March 2022, the Driver Advisory Council aims to facilitate a two-way dialogue between Uber and drivers across six metro cities to address key issues. The discussion is monitored by a third-party review board led by Aapti Institute, a Bengaluru-based think-tank to provide independent oversight on the Council’s work.&nbsp;

Every few months, drivers who are part of the Council meet the Uber India leadership team to give feedback, share ideas, and discuss issues that impact them. Parallel to the Gurgaon meet, a concurrent meeting of the DAC was held in Bangalore today with drivers from Chennai, Hyderabad, and Bangalore.

A slew of changes were announced by Uber on the basis of driver feedback and recommendations by the independent board:

Unconditional upfront destination for all: Drivers on the Uber platform across India will now be able to see the trip destination before they decide to accept the ride. Encouraged by the reduction in the number of trip cancellations after the pilot launch in May 2022, Uber has decided to do away with the trip acceptance threshold and rolled out the unconditional feature to all cities. Uber will continue monitoring feedback from drivers and riders and make changes if required.

Enabling easier login: Uber has now introduced an OTP-based login that will help drivers to log in to the app easily. This is a result of feedback from drivers who raised the issue of log-in difficulties.

Enhanced driver support: Uber Auto and Moto drivers will now have a Home phone button added to their Uber app to call for support when required. Uber will now send a push notification to riders about waiting charges when they book a trip.&nbsp;

Now Uber has introduced cashless operations at airports in Mumbai, Delhi, Pune, Hyderabad, and Bangalore.

Fare increase across cities: The fares have been increased up to 15 per cent to offset the cost of rising fuel prices.

Long-distance pick-up fee: This is done in order to compensate drivers when they travel a long distance to pick up riders.&nbsp;

Daily pay: Payment frequency changed to all weekdays for drivers to receive online payment transfers.&nbsp;&nbsp;&nbsp;

Displaying payment method: Sharing the information about cash or online payment mode with the drivers up front to help them make informed choices while accepting rides.

The DAC comprises 37 drivers chosen from 6 metros after a three-part process run by an Independent Review Board. These drivers work across a range of product offerings available on Uber including cars, auto-rickshaws, and motorbikes, and represent the interests of tens of thousands of drivers on the platform. The selected drivers will represent their community for a year, after which the selection process will be repeated.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:70:"https://www.financialexpress.com/wp-content/uploads/2022/07/uber-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:67:"Uber India announces new initiatives at its Driver Advisory Council";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:78:"https://www.financialexpress.com/wp-content/uploads/2022/07/uber-1-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:78;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:87:"Pre-owned luxury car market in India crosses 60,000 unit sales, up 20% says Luxury Ride";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:167:"https://www.financialexpress.com/express-mobility/indias-pre-owned-luxury-car-market-clocks-15-20-per-cent-annual-growth-with-sales-volume-of-over-60000-units/2594285/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:51:33 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:16:"Express Mobility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:167:"https://www.financialexpress.com/express-mobility/indias-pre-owned-luxury-car-market-clocks-15-20-per-cent-annual-growth-with-sales-volume-of-over-60000-units/2594285/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:227:"Consumers owning SUVs within the price range of Rs 15-20 lakh are joining the trend of shifting to a more premium pre-owned luxury car, says Sumit Garg, Co-founder &#038; MD, Luxury Ride in a conversation with Express Mobility.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Amrita Rohira";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T19:45:15+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:9025:"
The semiconductor shortages have hit the global automotive industry in a big way and the ever-growing waiting periods for vehicles have made the situation even worse, there lies a blessing in disguise for another automobile arm, the pre-owned cars market.&nbsp;In fact, there is a significant demand in the used-car segment. According to a CRISIL study, the pre-owned car market is expected to reach a market size of over 70 lakh vehicles by 2025-26, up from 38 lakh vehicles in 2020-21.&nbsp;

The new-age consumer is thoughtful, and so exists the used cars sector. The long waiting period, and increase in prices of new vehicles, has thus made owning a luxury car at a heavily discounted cost a lucrative alternative.&nbsp; This, however, comes with a risk factor, especially in the unorganised sector. Hence, there have been new players entering the luxury used-car segment to target the customers. In a conversation with Express Mobility, Sumit Garg, Co-founder, and MD, Luxury Ride shares his views about the pre-owned luxury car market trends.&nbsp;

Excerpts:&nbsp;

How has the global chip shortage impacted the used-car industry? Do you think this has made a way to create that shift to pre-owned cars?

Though there are many factors cumulatively driving the growth of the pre-owned car industry, the global semiconductor shortage can be considered to be the major factor leading to the rapid growth of the segment.&nbsp;

Also, given that the new car prices are soaring as a consequence of the chip shortage, customers are acutely considering pre-owned cars coming in the same price bracket as the new car that too without any compromise on the performance of the car.&nbsp;&nbsp;

What has been your turnover for the last three years? What is the average sales, ticket size, and the most expensive vehicle sold?

Though the market for the past couple of years has been disruptive, still we were able to clock a decent growth of 45 per cent annually where we have sold approximately 1,500 cars and serviced around 14,000 cars.

The average ticket size is around Rs 40 lakh. If we look at the current market then Mercedes-Benz, BMW, Audi, and Jaguar are among the most expensive luxury car brands in the pre-owned market.

What is the average turnaround time from acquiring a vehicle to the final sale?&nbsp;

The average time span for procuring and selling a pre-owned luxury car takes approximately 6-8 weeks. At Luxury Ride we ensure a value chain across the lifecycle with our 100 per cent cars that are supported by in-house service, 6-months engine transmission warranty, and one year buying back facility. We enable all India sourcing of vehicles that have undergone through 150 point checks and OEM quality repairs.

The pre-owned car sales segment is still very unorganised. How do you think the industry will mature up?

Considering that the pre-owned car industry is growing at an exponential rate, it is even more important than ever before to bring about revolutionary changes in the market. Though many organised players emerged in the pre-owned car sector during the pandemic, they still make up for only 20 per cent of the market.&nbsp;

It is the need of the hour that organised and unorganised assets are brought together to provide the best of both to the consumers.&nbsp;

The association will help the organised players and even start-ups to take leverage of the strong networking of the unorganised players and build their reputation in the market. Likewise, the unorganised players can benefit from the technological advancement at the disposal of the organised players.&nbsp;

There is a significant development taking place in the electric vehicle segment especially the luxury or premium segment. Do you think there will be a separate pre-owned market for EVs in the near future?&nbsp;

The EV industry is in the nascent stage, and it will take some years for EVs to fully overtake the mainstream market.&nbsp;

Right now, the focus must be on investing in the right technology for establishing a robust infrastructure for EV resilient country. However, given the efforts being made the future seems promising for the EV sector which will be followed by the pre-owned EV segment riding the growth wave likewise.&nbsp;&nbsp;&nbsp;

<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="620" height="349" src="https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-620x349.jpg" alt="Luxury Ride Showroom" class="wp-image-2594321" srcset="https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-620x349.jpg 620w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-400x225.jpg 400w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-300x169.jpg 300w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-768x432.jpg 768w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-310x174.jpg 310w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-150x84.jpg 150w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-81x45.jpg 81w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-100x56.jpg 100w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo-650x366.jpg 650w, https://www.financialexpress.com/wp-content/uploads/2022/07/Luxury-Car-Luxury-Ride-Showroo.jpg 1200w" sizes="(max-width: 620px) 100vw, 620px" /><figcaption>Today, Luxury Ride has showrooms in 7 cities across north India and aspires to add 50 more showrooms in the next 4-5 years.</figcaption></figure></div>

What are your future plans for Luxury Ride?

Currently, at Luxury Ride we have 50-55 cars in the inventory at any given point in time. We want to increase this number to 100 cars by the end of the year. Along with this, we have plans to expand our offerings and services to new markets. We are working towards growing our business three times by catering to customer needs with our seamless technological interface.&nbsp;&nbsp;

At present how many outlets do you have, any future expansion plans?

Today, Luxury Ride has showrooms in 7 cities across north India namely, Delhi, Gurugram, Karnal, Chandigarh, Jaipur, Dehradun, and Ludhiana, and aspires to add 50 more showrooms in the next 4-5 years. The showrooms are a mix of company-owned and franchise operations. Luxury Ride focuses on more premium brands like Audi, BMW, Mercedes-Benz, Porsche, Volvo, Jaguar, Lexus, Mini Cooper, Volkswagen, Land Rover, Bentley, and other exotic cars between the price range of Rs 12 lakh to Rs 2 crore.

In the future, we want to organise the pre-owned luxury car market by raising the service standards under one roof. Luxury Ride aims to build an integrated platform for end-to-end pre-owned luxury car solutions.

What is the overall growth rate for the pre-owned luxury vehicle market? What is the split between demand from urban customers versus tier 2-3 markets?

As per the 2021 estimate, India’s pre-owned luxury car market is clocking a 15-20 per cent growth annually where the sales volume averages over 60,000 units a year. Given the digital transformation happening, experts are estimating that the total sales of the sector will leap from 20 per cent in FY 2021 to 30 per cent in FY 2026.

If we look at the demand portrayed by urban and tier 2 and 3 markets, metro cities have always been the hub attracting large transactions in terms of selling and purchasing pre-owned luxury cars. Though, till date, the metro cities register the maximum purchase, over time the market is making inroads into the tier 2 and 3 cities namely Jaipur, Chandigarh, and Dehradun to name a few. The masses in these cities are showing a preference for high-end premium cars with unmatched performance that comes within their budget.

Can you share some insights on the latest trends that you have witnessed?

If we look at the current trend, the premium sedan owners like Toyota Corolla or the Honda Civic are upgrading to pre-owned luxury cars. Even people owning SUVs within the price range of Rs 15-20 lakh are joining this trend of shifting to a more premium pre-owned luxury car. It has been observed that consumers already owning cars like Toyota Innova or Mahindra XUV500 are eying pre-owned models like Mercedes Benz CLA and C Class, the Jaguar XE, and the BMW X1 all in the range of Rs 25-35 lakh.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:96:"https://www.financialexpress.com/wp-content/uploads/2022/07/A3CDD02A-84C1-44EE-BA7C-416D8315.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:157:"Organised and unorganised players should come together to provide the best of both worlds to consumers in the pre-owned luxury car segment, says Sumit Garg. ";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:104:"https://www.financialexpress.com/wp-content/uploads/2022/07/A3CDD02A-84C1-44EE-BA7C-416D8315-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:79;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:82:"US Stocks: Futures fall as JPMorgan, Morgan Stanley kick off earnings on sour note";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:129:"https://www.financialexpress.com/market/us-stocks-futures-fall-as-jpmorgan-morgan-stanley-kick-off-earnings-on-sour-note/2594292/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:46:34 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Markets";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"us stock market";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:129:"https://www.financialexpress.com/market/us-stocks-futures-fall-as-jpmorgan-morgan-stanley-kick-off-earnings-on-sour-note/2594292/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:159:"Shares of JPMorgan were 3.3% lower in premarket trading after it reported a fall in second-quarter profit, hit by higher provisions to cover potential losses.
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U.S. stock index futures fell on Thursday after JPMorgan Chase &amp; Co and Morgan Stanley kicked off the earnings season with downbeat results, adding to worries of a potential recession.

Shares of JPMorgan were 3.3% lower in premarket trading after it reported a fall in second-quarter profit, hit by higher provisions to cover potential losses. Jamie Dimon, chief executive of the largest U.S. bank, flagged a number of concerns including geopolitical tension, high inflation and the &#8220;never-before-seen&#8221; quantitative tightening as threats to global economic growth.

&#8220;As far as the things that you do not want to see, you have got pretty much every one of them, missing top and bottom line, cutting the buybacks and increasing credit reserves are all things consistent with battening down the hatches for a recession versus a short-term blip in demand in the first half,&#8221; said Thomas Hayes, managing member at Great Hill Capital Llc in New York.

&#8220;The market does not like it and rightfully so.&#8221;

Morgan Stanley fell 2.6% after reporting a drop in quarterly profit as dealmaking slumped amid soaring market volatility. Shares of other banks Wells Fargo &amp; Co, Goldman Sachs Group Inc and Citigroup fell between 1.8% and 2.3%.

Recession fears have roiled financial markets this year as central banks across the world move to aggressively raise borrowing costs to curb sky-high inflation, pushing Wall Street to its worst first-half performance in decades.

After a robust jobs report last week cemented the case for a 75-basis-point rate hike in July, investors were rattled by hotter-than-expected consumer prices data on Wednesday that pushed traders to bet on an ever bigger full percentage point interest rate hike later this month.

Investors will now be watching the Labor Department&#8217;s report on the producer prices index for final demand, which is expected to show a 10.7% rise in the twelve months through June after an increase of 10.8% in May.

The report is due at 8:30 am ET (1230 GMT).

At 7:06 a.m. ET, Dow e-minis were down 416 points, or 1.35%, S&amp;P 500 e-minis were down 48.5 points, or 1.27%, and Nasdaq 100 e-minis were down 103.5 points, or 0.88%.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-440.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:220:"Jamie Dimon, chief executive of the largest U.S. bank, flagged a number of concerns including geopolitical tension, high inflation and the "never-before-seen" quantitative tightening as threats to global economic growth.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-440-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:80;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:74:"OMOTEC partners with Kamakshi Sharma to educate students on Cyber Security";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:128:"https://www.financialexpress.com/education-2/omotec-partners-with-kamakshi-sharma-to-educate-students-on-cyber-security/2594243/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:42:36 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:9:"Education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:128:"https://www.financialexpress.com/education-2/omotec-partners-with-kamakshi-sharma-to-educate-students-on-cyber-security/2594243/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:172:"The courses are short-term ones covering introduction, basics and advanced modules of 12 hours each. The fees are around Rs 10,000 for groups of 40 students for six hours. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"jhumur nandi";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:57:08+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2195:"
To enhance education on cybersecurity and its awareness amongst students, On My Own Technology (OMOTEC), innovation and research Lab that brings STEM learning to students of all age groups, has partnered with Kamakshi Sharma, world record holder on cybercrime investigations to educate students on Cyber Security.

Having trained over 2.5 lakh police officers and 50,000 officers in 35 days, and worked on over 5000 cases, Kamakshi Sharma is the first woman in the country to hold a World and Asia Record in cybercrime investigations. “OMOTEC is addressing the crucial topic of cyber security, which is the need of the hour. Targeting students to reduce online crimes is going to be very effective in the long run and I am delighted to be partnering with them for this mission,” Sharma said.

The courses are short-term ones covering introduction, basics and advanced modules of 12 hours each. The fees are around Rs 10,000 for groups of 40 students for six hours. Students of nine years of age and above can enrol into these courses as they are the ones highly exposed to digital platforms and online gaming. The courses would be available in both online and offline mode.

Through its courses, OMOTEC is advocating cybersecurity awareness and educating students on detection mechanisms in order to reduce the rate of cyber frauds and help people from becoming victims of online crimes.

“Kamakshi brings a lot of energy, passion, thought process and technical know-how to really navigate the complex world of Cyber Security given her practical experience in solving live cases which is what OMOTEC believes in &#8211; Skilling to Application. She has solved 5,000 cases and trained 50,000 Indian Cops and with this kind of vast experience and real time knowledge to solve the most complex cases, she is the best option,” Shekhar Jain, co-founder, OMOTEC said.

Read also: <a href="https://www.financialexpress.com/education-2/jain-partners-with-maldives-higher-education-ministry-to-provide-scholarships-programmes/2594195/">JAIN partners with Maldive’s higher education ministry to provide scholarships programmes</a>";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:79:"https://www.financialexpress.com/wp-content/uploads/2022/07/Kamakshi-Sharma.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:70:"Students of nine years of age and above can enroll into these courses ";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:87:"https://www.financialexpress.com/wp-content/uploads/2022/07/Kamakshi-Sharma-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:81;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:72:"Suzuki Motorcycle India partners with Bandhan Bank for vehicle financing";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:131:"https://www.financialexpress.com/express-mobility/suzuki-motorcycle-india-partners-with-bandhan-bank-for-vehicle-financing/2594305/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:40:04 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:16:"Express Mobility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:131:"https://www.financialexpress.com/express-mobility/suzuki-motorcycle-india-partners-with-bandhan-bank-for-vehicle-financing/2594305/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:195:"Suzuki Motorcycle India has partnered with Bandhan Bank to facilitate hassle-free financing for its two-wheeler buyers. Bandhan Bank has a network presence across 34 States and Union Territories.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Shakti Nath Jha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:40:31+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2026:"
Suzuki Motorcycle India, the two-wheeler subsidiary of Suzuki Motor Corporation (Japan), has today announced its partnership with Bandhan Bank, a leading Indian private sector bank. Thanks to this tie-up, Suzuki claims the customers will avail of round-the-clock retail finance options to purchase their favourite two-wheeler along with added benefits, including sanction within 5 minutes, hassle-free documentation, and more.

The Memorandum of Understanding (MoU) between both the parties was signed at the corporate office of Suzuki Motorcycle India on July 12, 2022. Commenting on the partnership, Devashish Handa, Executive Vice President, Sales, Marketing &amp; After-Sales, Suzuki Motorcycle India Pvt. Ltd. said, “Our association with Bandhan Bank is a part of our plan to offer customised and easy retail finance options keeping in mind the needs of our customers. The tie-up is another step to enhance the convenience and ease of purchase for Suzuki customers in India.”

He added, “We believe that this partnership is commencing at an appropriate time with the high-demand Festive Season just around the corner. We are sure that Bandhan Bank, which is one of the fastest-growing Private Sector Banks in the country will further enhance the ever-increasing preference for Suzuki Two-Wheelers in India and will further the growth story of Suzuki Motorcycle India, which has been an exception to the depressed market sentiment being experienced in the overall Indian Two-Wheeler Industry.”&nbsp;

As part of the association, Suzuki Motorcycle India says that its customers will be able to get fast loan approval with nominal documentation at a competitive interest rate. Bandhan Bank has a network presence across 34 States and Union Territories. It will provide an all-in-one solution for the finance-related requirements of the consumers, including easy scheme options, digital login, 24*7 operational support and a pre-approved program for Bandhan Bank customers.&nbsp;&nbsp;";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:83:"https://www.financialexpress.com/wp-content/uploads/2022/07/Suzuki-Bandhan-Bank.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:91:"https://www.financialexpress.com/wp-content/uploads/2022/07/Suzuki-Bandhan-Bank-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:82;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:96:"Mumbai-Ahmedabad bullet train project put on fast-track, all clearances given: Devendra Fadnavis";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:147:"https://www.financialexpress.com/india-news/mumbai-ahmedabad-bullet-train-project-put-on-fast-track-all-clearances-given-devendra-fadnavis/2594287/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:38:44 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:17:"Devendra Fadnavis";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:11:"Maharashtra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:147:"https://www.financialexpress.com/india-news/mumbai-ahmedabad-bullet-train-project-put-on-fast-track-all-clearances-given-devendra-fadnavis/2594287/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:161:"Addressing a press conference in Mumbai after the state cabinet meeting, Fadnavis said Chief Minister Eknath Shinde has given all the clearances for the project.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:15:"Omvesh Upadhyay";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:38:47+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:4282:"
The Maharashtra government has given all the clearances for expediting the Mumbai-Ahmedabad bullet train project, Deputy Chief Minister Devendra Fadnavis said on Thursday.

The development comes barely a fortnight after the change in government in the western state. The previous Maha Vikas Aghadi (MVA) government headed by Shiv Sena president Uddhav Thackeray had not taken any step to put the project on fast-track.

Addressing a press conference in Mumbai after the state cabinet meeting, Fadnavis said Chief Minister Eknath Shinde has given all the clearances for the project. The pending issues were related to the forest clearances and land acquisition, among others, he said.

Sources in Delhi said that over the past few days, the Shinde government cleared long pending issues related to the project. The Mumbai Metropolitan Region Development Authority (MMRDA) has issued directives to shift a petrol pump of BPCL located on a plot at BKC earmarked for the terminus of the high-speed train to be constructed as a three-storey underground structure and will have six platforms on the lowest level, the sources said.

About 1.2 hectares of land in Palghar, Maharashtra, was handed over to the project last week which was earlier stuck up for months, they said. With this, 90.56 per cent land (98.8 per cent in Gujarat and 100 per cent in Dadra Nagar Haveli and 72.25 per cent in Maharashtra) has been acquired for the entire project.

In a review meeting on July 12, the government has committed that issues involving transfer of land for BKC underground station (4.84 hectare) and 3.92 hectare at Vikroli for tunnel shaft will be resolved by September.

For bullet train project alignment passing through the forest area, stage I clearance has been granted by the Maharashtra government and stage II approval is also expected by September, the sources said.

&#8220;So far, foundation and pier works have been completed in a 75 km stretch of the 352-km-long Gujarat portion of the project. The works on bridges on rivers and launching of girders for viaducts in 180 km length of alignment are going on in full swing. The works on all eight stations between Vapi and Sabarmati are also under various stages of construction.

&#8220;The Sabarmati passenger hub is nearing completion, which will provide seamless multi-modal connectivity to various inter and intra city transport. Contracts for all civil and track packages have already been awarded in the Gujarat portion of the bullet train project alignment.

It is expected that trial run between Vapi-Sabarmati may be conducted in 2026 and the section in Gujarat portion i.e. Sabarmati-Vapi is likely to be fully operational in 2027,&#8221; a source privy to the development said.

The project had been put on the back burner by the MVA government. Thackeray had instead asked the railway ministry to build a high-speed train corridor between Pune and Nagpur cities.

The estimated cost of the Mumbai-Ahmedabad bullet train project is Rs 1,10,000 crore, out of which Rs 88,000 crore are being funded by the Japan International Cooperation Agency (JICA). Over 70 per cent land required in Maharashtra for the project has been acquired in Thane and Palghar districts.

In the 14th Joint Committee meeting held between India and Japan on June 30, 2022 and headed by Minister of Railways from Indian side, both sides agreed for the modalities for procurement of E5 series Shinkansen Rolling Stock, and now all the pending issues of Rolling Stock procurement such as interfacing, integration, testing and trial of Rolling Stock are going to be resolved soon, the sources said.

E5 series Shinkansen bullet trains, which can travel up to a speed of 360 km/ph, are part of a new generation Japanese high-speed train (also called Hayabusa) introduced into commercial operation in March 2011 in Japan which are designed to be more comfortable and faster than ever before.

Prime Minister Narendra Modi and his then Japanese counterpart Shinzo Abe had laid the foundation of the bullet train project in Ahmedabad in September 2017. The train is expected to cover the distance of over 500 km in around two hours.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:85:"https://www.financialexpress.com/wp-content/uploads/2022/07/devendra-fadnavis-gwr.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:141:"Sources in Delhi said that over the past few days, the Shinde government cleared long pending issues related to the project. (File photo: IE)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:93:"https://www.financialexpress.com/wp-content/uploads/2022/07/devendra-fadnavis-gwr-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:83;a:6:{s:4:"data";s:21:" 
 
 
 
 
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European shares fell on Thursday and the safe-haven dollar rose after the latest red-hot U.S. inflation reading increased investor fears about Federal Reserve rate hikes and a possible recession.

Wednesday&#8217;s data showed U.S. consumer prices jumped 9.1% year-on-year in June, up from May&#8217;s 8.6% rise. The data was seen as firming the case for the Federal Reserve to raise rates aggressively. Policymakers might consider a 100 basis point increase at the July meeting, Atlanta Federal Reserve Bank President Raphael Bostic said.

By early European trading, money markets were pricing in a 54% chance of a full percentage point hike at the July meeting and a 46% chance of a 75 basis point rise.

By 1106 GMT, Europe&#8217;s STOXX 600 index was down 1% at an 8-day low. London&#8217;s FTSE 100 was down 0.9%. The selling looked set to continue on Wall Street, with S&amp;P 500 futures down 1.3% and Nasdaq futures down 1% . &#8220;The Fed probably needs to temper people&#8217;s expectations in terms of what they can do,&#8221; said Eddie Cheng, head of international multi-asset investment at Allspring Global Investments.

&#8220;In the past hiking cycle, we have observed that inflation kept rising during the hiking cycle… it takes time for the monetary policy to affect inflation.&#8221; Cheng said that riskier assets will be the &#8220;collateral damage&#8221; in the Fed&#8217;s attempts to reign in inflation.

American&#8217;s biggest bank, JPMorgan Chase &amp; Co reported a fall in second-quarter profit. Chief executive Jamie Dimon warned that geopolitical tension, high inflation, waning consumer confidence, the never-before-seen quantitative tightening and the war in Ukraine &#8220;are very likely to have negative consequences on the global economy sometime down the road&#8221;.

The dollar index was up 0.4% at 108.7, while the dollar was up 1.3% against the yen, at its strongest since 1998 . The British pound was down 0.5% at $1.1832. In the first vote to choose who will succeed Boris Johnson as Conservative party leader, former finance minister Rishi Sunak won the biggest backing from Conservative lawmakers.

The euro was down 0.5% at $1.001, having slipped below parity on Wednesday for the first time since 2002. The euro has been under pressure because of the European Central Bank lagging the Fed in ending its ultra-easy monetary policy of the past decade, as well as the economic risks from the euro zone&#8217;s dependence on Russian gas.

The European Commission cut its forecasts for euro zone economic growth for this year and revised up its estimates for inflation. Germany&#8217;s benchmark 10-year government bond yield was up 7 basis points at 1.219%.

Italian yields rose sharply ahead of a parliamentary confidence vote which risks bringing the country&#8217;s government down. The U.S. 10-year yield was up around 6 basis points at 2.9614%. The 2-year, 10-year part of the Treasury yield curve is the most inverted it has been at any point in this cycle, according to Deutsche Bank.

Yield curve inversion &#8211; which is when short-dated interest rates are higher than longer-dated ones &#8211; is commonly seen as an indicator that markets are anticipating a recession.

Oil prices fell as traders saw a large U.S. rate hike possibly reducing crude demand. Overnight, the Monetary Authority of Singapore and the Bangko Sentral ng Pilipinas surprised markets by tightening monetary policy in off cycle moves.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-436.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:164:"By early European trading, money markets were pricing in a 54% chance of a full percentage point hike at the July meeting and a 46% chance of a 75 basis point rise.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-436-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:84;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:80:"US Stocks: Is the market getting ready for a 100 basis points rate hike by FOMC?";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:154:"https://www.financialexpress.com/investing-abroad/featured-stories/us-stocks-is-the-market-getting-ready-for-a-100-basis-points-rate-hike-by-fomc/2594295/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:34:32 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:16:"Featured Stories";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:15:"us stock market";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:9:"us stocks";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:154:"https://www.financialexpress.com/investing-abroad/featured-stories/us-stocks-is-the-market-getting-ready-for-a-100-basis-points-rate-hike-by-fomc/2594295/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:146:"The Fed is paying closer attention to an inflation measure that includes volatile food and energy prices as it aggressively raises interest rates.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Sunil Dhawan";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:34:35+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1999:"
The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings during the year and other meetings as needed. The next FOMC meet is on July 26-27 and the investors globally will be watching it with bated breath. With inflation running hot, the Fed is expected to hike rates by 100 basis points ( 1 per cent) later this month.

The U.S. Bureau of Labor Statistics had announced inflation of 9.1 per cent for June 2022, the largest 12-month increase since November 1981. The peak inflation may still be out of reach as of now. “The markets prepared for another 100 bps hike in the July 26-27 meeting. The Fed is paying closer attention to an inflation measure that includes volatile food and energy prices as it aggressively raises interest rates,” says Mitul Shah- Head of Research at Reliance Securities.

Many other industry experts are echoing that view. “With inflation pressures intensifying, future markets are now pricing in the possibility of a 100bps hike in this coming July FOMC meeting instead of 75 bps hike that was earlier priced in”, says Ritika Chhabra, Economist and Quant Analyst at Prabhudas Lilladher.

Cost pressures due to supply crunch may have moderated, but if costs remain elevated and the economy starts reeling after aggressive rate hikes, the impact could be more drastic on asset classes including equities. Inflation has emerged as the biggest roadblock for the equity asset class and it remains to be seen how much rate hikes are in store before it is controlled. Till then the stocks may continue to remain in bear market territory.

Soumyo Sarkar, Ex-Wall Street Fund Manager and a Member of the Financial Advisory Council at Fintso (wealthtech platform) is of the opinion that, “In the current cycle, we expect the Feds to raise the Fed funds rate, currently at 1.75%, to around 3.5% by year end or before and then pause and see where inflation is then, before deciding on further rate raises.”";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:67:"https://www.financialexpress.com/wp-content/uploads/2022/07/5-4.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:141:"The U.S. Bureau of Labor Statistics had announced inflation of 9.1 per cent for June 2022, the largest 12-month increase since November 1981.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:75:"https://www.financialexpress.com/wp-content/uploads/2022/07/5-4-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:85;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:86:"Daler Mehndi sentenced to two years in prison in 2003 human trafficking case, arrested";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:138:"https://www.financialexpress.com/india-news/daler-mehndi-sentenced-to-two-years-in-prison-in-2003-human-trafficking-case-arrested/2594298/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:34:31 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:5:"India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:138:"https://www.financialexpress.com/india-news/daler-mehndi-sentenced-to-two-years-in-prison-in-2003-human-trafficking-case-arrested/2594298/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:264:"In September 2003, an FIR was lodged against Daler Mehndi and his elder brother Shamsher based on complaints claiming that they had been smuggling migrants to foreign countries while cheating them. At least 35 people had accused him of fraud, according to reports.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Sayan Ganguly";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:38:22+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1118:"
Singer Daler Mehendi was on Thursday sentenced to two years in jail in connection with a human trafficking case dating back to 2003. A district court in Delhi today upheld a trial court verdict which held Mehendi guilty in 2018 and ordered two years&#8217; imprisonment. Soon after the order, Mehendi was taken into custody by the Punjab police.

<figure class="wp-block-embed is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><a href="https://twitter.com/ANI/status/1547544938468233216" rel="nofollow">https://twitter.com/ANI/status/1547544938468233216</a></div></figure>

In September 2003, an FIR was lodged against Daler Mehndi and his elder brother Shamsher based on complaints claiming that they had been smuggling migrants to foreign countries while cheating them. At least 35 people had accused him of fraud, according to reports.

Mehndi was convicted in 2018 by a trial court following a case registered against the Punjabi singer in 2003. He was later released on bail. Now, after the session court&#8217;s verdict, Mehndi can approach the High Court.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:85:"https://www.financialexpress.com/wp-content/uploads/2022/02/Daler_Mehndi_on_Stage.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:54:"Daler Mehndi convicted in 2003 human trafficking case.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:93:"https://www.financialexpress.com/wp-content/uploads/2022/02/Daler_Mehndi_on_Stage-300x200.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"200";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:86;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:104:"Russia to attend G20 summit? Group is victim of global polarisation spearheaded by the West, says expert";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:155:"https://www.financialexpress.com/world-news/russia-to-attend-g20-summit-group-is-victim-of-global-polarisation-spearheaded-by-the-west-says-expert/2594071/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:28:00 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:10:"World News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:10:"G20 summit";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:155:"https://www.financialexpress.com/world-news/russia-to-attend-g20-summit-group-is-victim-of-global-polarisation-spearheaded-by-the-west-says-expert/2594071/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:126:"Last week, external affairs minister Dr S Jaishankar held talks with his Indonesian counterpart Retno Marsudi focusing on G20.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:28:04+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:4607:"
Ahead of the G20 summit later this year, Indonesia’s Foreign Minister Retno Marsudi, without blaming any country, has urged Ukraine and Russia, the two conflicting parties, to seek a negotiated settlement to end the war in Ukraine.

He has rightly pointed out that the G20 is the right platform to &#8220;create an atmosphere that&#8217;s comfortable for everybody.&#8221; Indonesia resisted the Western pressure to disinvite Russia. In a smart move, it decided to invite Ukraine too for its summit meeting in November. President Zelensky, however, is unlikely to attend the Summit, since Russia’s President Vladimir Putin has confirmed his participation.

In the last few years, the G-20 was developing into a cohesive forum to discuss the challenges of global governance. But the war in Ukraine has divided its members into three broad groups.

“The first group is represented by the G7 members who are united in their opposition to Russia. The opposition group led by Russia, and backed willy nilly by China, is undeterred by Western sanctions and pressures. And finally, a majority of the non-Western states represents the third group which has refused to take sides,” explains Prof Rajan Kumar, School of International Studies, JNU.

These states have refused to join the sanctions imposed by the West. India, Brazil, Turkey, South Africa, Argentina and Indonesia have maintained a neutral position without supporting any side.

Why?

According to Prof Rajan Kumar, “These states are more concerned about the economic fallout of the Ukrainian crisis on global food and energy prices. Their economic stability is at stake and they seek an early resolution of the crisis. They consider the G20 to be an important forum to discuss these issues.”

The divisions within the G20 became obvious when many of the Western leaders boycotted a dinner where Russia’s foreign minister Sergei Lavrov was present. Sergei Lavrov also reciprocated by boycotting the addresses of Western foreign ministers.

Sharing his views with Financial Express Online, Prof Rajan Kumar says, “The G20 is a divided house today. It has become a victim of global polarisation spearheaded by the West. The G7 members appear disinterested in initiating a dialogue with Russia. They want other states to follow their decisions rather than making them part of the decision-making. The West is yet to come to terms with a new global reality where non-Western states are unwilling to abide by Western stratagems.”

Next year India will host G20 Summit

Stage is set for India to host the G20 summit next year either in October or November. All the Heads of State and Government are expected to be in India for the summit in New Delhi at the mega state-of-the-art summit venue at Pragati Maidan.

Besides the main summit, there will be 190 other meetings which will take place in different locations across the country during the yearlong presidency of India which will start in December this year.

Will India invite other countries besides the G 20 members?

Yes, according to sources, India is likely to invite other countries to participate in the summit.

For India it will be the first time hosting the summit. New Delhi is already in the G20 governance structure. This governance structure which has Italy, India and Indonesia is called the troika. It represents the previous, current and incoming presidencies of G20.

Indonesia hosting the G20 summit

In 2022, Indonesia, which is the current chair, is hosting the summit in Bali in November, and the focus is going to be on the ongoing war between Ukraine and Russia, the economic fallout of the war and the impact globally.

It is already clear that Indonesia has no plans to boycott Russia’s presence at the summit. The Russian President Vladimir Putin has already confirmed his presence.

EAM in Bali

Last week, external affairs minister Dr S Jaishankar held talks with his Indonesian counterpart Retno Marsudi focusing on G20.

On the sidelines of the G20 conclave in Bali, he also had bilateral meetings with his counterparts from Brazil, Mexico, Argentina, Saudi Arabia, the United Arab Emirates, South Africa and Senegal.

And the main issue that was discussed with all his counterparts from various countries was expanding the two way cooperation despite the changing geopolitical situations.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-439.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:188:"In the last few years, the G-20 was developing into a cohesive forum to discuss the challenges of global governance. But the war in Ukraine has divided its members into three broad groups.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-439-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:87;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:91:"Will all kinds of tuition fees qualify for tax benefit under Section 80C? Check eligibility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:149:"https://www.financialexpress.com/money/income-tax/will-all-kinds-of-tuition-fees-qualify-for-tax-benefit-under-section-80c-check-eligibility/2594270/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:27:49 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:10:"Income Tax";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:3:"Tax";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:10:"tax saving";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:149:"https://www.financialexpress.com/money/income-tax/will-all-kinds-of-tuition-fees-qualify-for-tax-benefit-under-section-80c-check-eligibility/2594270/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:157:"While tuition fee tax benefit is incidental, do have a separate investment plan to save for children's long term goals such as higher education and marriage.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Sunil Dhawan";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:27:53+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1969:"
Tuition fees paid by parents for their kid&#8217;s education come with tax benefits. The amount paid as tuition fees qualifies for tax benefit under section 80C up to a maximum limit of Rs 1.5 lakh per annum. It means, under income tax rules you are allowed to deduct the fee amount from your gross total income, thus reducing the taxable income. Effectively, you pay a lower tax than before if you are paying tuition fees for your children.

But, before you take advantage of tuition fee in your income tax return, ensure they are eligible for tax benefit under section 80 C. As per the rules, they have to be a full-time education, including any play school activities, pre-nursery and nursery classes. The institution can be either private or a government sponsored one. Further, tuition fees paid at the time of admission or anytime during the financial year to any university, college, school or other educational institution qualifies for tax benefit. The educational institution has to be based in India.

Any payments, other than tuition fees, to the educational institutions will not be eligible for tax benefit. For example, payments like development fees or donation or capitation fees, etc., are not covered and do not qualify for tax benefit. Also, if parents have failed to pay tuition fees on time, the applicable late fee paid will not be eligible.

Importantly, the tax benefit on tuition fee applies for the fees paid for up to two children. So if a couple has four children and are taxpayers, both can claim tax benefit as both have a separate limit of two children each. It is only the parent who makes the payment gets the tax advantage. If both parents are working and are taxpayers, both can claim individually up to the amount of fees paid.

While tuition fee tax benefit is incidental, do have a separate investment plan to save for children&#8217;s long term goals such as higher education and marriage.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-438.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:123:"The amount paid as tuition fees qualifies for tax benefit under section 80C up to a maximum limit of Rs 1.5 lakh per annum.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-438-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:88;a:6:{s:4:"data";s:25:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:123:"Indian Navy Recruitment 2022: applications invited for 200 Agniveer (MR); Check qualification, salary, last date &amp; more";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:158:"https://www.financialexpress.com/jobs/indian-navy-recruitment-2022-applications-invited-for-200-agniveer-mr-check-qualification-salary-last-date-more/2594181/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:26:06 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:6:{i:0;a:5:{s:4:"data";s:18:"Jobs and Education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:9:"education";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:15:"Government jobs";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:11:"Indian Navy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:4;a:5:{s:4:"data";s:4:"Jobs";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:5;a:5:{s:4:"data";s:10:"Jobs India";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:158:"https://www.financialexpress.com/jobs/indian-navy-recruitment-2022-applications-invited-for-200-agniveer-mr-check-qualification-salary-last-date-more/2594181/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:101:"Indian Navy has released the notification for enrolment as Agniveer (MR) for 01/2022 (Dec 22) batch. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Nidhi Mittal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:26:10+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:3106:"
Indian Navy Agniveer (MR) Recruitment 2022: Indian Navy has released the notification for enrolment as Agniveer (MR) for 01/2022 (Dec 22) batch. A total of 200 vacancies for Agniveer (MR) will be recruited through this recruitment process. out of which, 40 vacancies are reserved for female candidates.

What are the important dates for Indian Navy Agniveer Recruitment 2022?

Indian Navy Recruitment 2022 online application process is to start from July 25 onwards and close on 30 Jul 22. The link to the applications will be activated on the Indian Navy&#8217;s official website <a href="http://www.joinindiannavy.gov.in" rel="nofollow">http://www.joinindiannavy.gov.in</a>.

What is the selection procedure for Indian Navy Agniveer Recruitment 2022?

Shortlisting of candidates would be based on aggregate percentage secured in the Class 10th. Shortlisting for Agniveer (MR) –– male &amp; female will be carried out state wise in a ratio of four times the vacancies. Shortlisted candidates will receive a call-up letter for agniveer (MR) written examination and PFT. Candidates should note that Aadhar Card is mandatory for written examination/ PFT.

When and Where would be the training held for Indian Navy Agniveer Recruitment 2022?

According to the official notification, the qualified candidates will be called for training which is scheduled to be held in Dec 22, at INS Chilka, Odisha

What is the minimum qualification required for Indian Navy Agniveer Recruitment 2022?

Candidates who have passed 10th exam from the Boards of School Education recognised by Ministry of Education, Govt. of India are eligible to apply for the said posts.

What is the minimum age required to apply for Indian Navy Agniveer Recruitment 2022?

Candidates should be born between 01 Dec 1999- 31 May 2005 (Both dates inclusive) to apply for the said posts.

Indian Navy Agniveer Recruitment 2022: are only male candidates eligible for the post?

No, According to the official notification, the above vacancies are available for unmarried male and unmarried female candidates who are eligible for enrolment as Agniveer in the Indian Navy. Candidates who will appear in the training must undertake not to marry until completion of their ab-initio training.

Indian Navy Agniveer Recruitment 2022: How to apply?

Candidates can follow the easy steps given below and apply to the posts followed by easy steps given below.

<ol><li>Candidates are required to visit the official website of Indian Navy &#8211; joinindiannavy.gov.in.</li><li>Click on the notification link that reads &#8216;Indian Navy Agniveer Recruitment 2022 Online Application&#8217;.</li><li>Fill up the online application form carefully along with the application fee.</li><li>Submit the application form and download Indian Navy Agniveer Recruitment 2022 for future reference.</li></ol>";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:94:"https://www.financialexpress.com/wp-content/uploads/2022/07/Agniveer-Navy-Recruitment-2022.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:131:". A total of 200 vacancies for Agniveer (MR) will be recruited through Indian Navy Agniveer (MR) Recruitment 2022 Process. FIle/IE.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:102:"https://www.financialexpress.com/wp-content/uploads/2022/07/Agniveer-Navy-Recruitment-2022-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:89;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:71:"Apollo Tyres appoints Vikram Garga as regional group head for marketing";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:124:"https://www.financialexpress.com/brandwagon/apollo-tyres-appoints-vikram-garga-as-regional-group-head-for-marketing/2594155/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:25:45 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:11:"Brand Wagon";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:124:"https://www.financialexpress.com/brandwagon/apollo-tyres-appoints-vikram-garga-as-regional-group-head-for-marketing/2594155/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:204:"Garga, who was vice-president and head of strategy, insights and analytics, and innovation at Mahindra and Mahindra (M&#038;M), will spearhead the regional marketing team, the company said in a statement
";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Smriti Mishra";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:25:49+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2039:"
Apollo Tyres on Thursday announced the appointment of Vikram Garga as its group head, marketing for the Asia Pacific, Middle East and Africa (APMEA) region.

Garga, who was vice-president and head of strategy, insights and analytics, and innovation at Mahindra and Mahindra (M&amp;M), will spearhead the regional marketing team, the company said in a statement.

He will be responsible for marketing and product strategy for all product categories, dealer programmes, brand positioning and monitoring performance in conjunction with sales, it added.

“Vikram joins us in a senior leadership role for the region, and given his strong track record of providing strategic and operational leadership in FMCG and automotive industry, he would be a key asset for us going forward,&#8221; Apollo Tyres president, APMEA, Satish Sharma said.

He will be based out of Apollo Tyres&#8217; corporate headquarters in Gurugram, India and report to Sharma, the statement said.

At M&amp;M, Garga was the head of marketing for passenger vehicles and pick-ups. He played a key role in the re-launch of the Thar brand in 2020 and led digital marketing transformation, as well as the new Mahindra SUV strategy, it added.

He spent a large part of his career with Castrol, where he held roles such as VP, sales for Industrial and Heavy Duty and global brand director for the commercial vehicle category, the company said.

Follow us on<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">&nbsp;</a><a rel="noreferrer noopener" href="https://twitter.com/FEBrandWagon" target="_blank">Twitter</a>,&nbsp;<a rel="noreferrer noopener" href="https://www.instagram.com/brandwagononline/" target="_blank">Instagram</a>,&nbsp;<a href="https://www.linkedin.com/showcase/brandwagon-financialexpress">LinkedIn,&nbsp;</a><a rel="noreferrer noopener" href="https://www.facebook.com/BrandWagon-100334421409230/?ref=bookmarks" target="_blank">Facebook</a> ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:110:"https://www.financialexpress.com/wp-content/uploads/2022/07/gettyimages-1160000498-170667a64-620x400-1-1-2.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:175:"He will be responsible for marketing and product strategy for all product categories, dealer programmes, brand positioning and monitoring performance in conjunction with sales";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:118:"https://www.financialexpress.com/wp-content/uploads/2022/07/gettyimages-1160000498-170667a64-620x400-1-1-2-300x169.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"169";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:90;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:54:"Dunagiri- Project 17A Frigate to be launched on Friday";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:103:"https://www.financialexpress.com/defence/dunagiri-project-17a-frigate-to-be-launched-on-friday/2594265/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:23:55 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Defence";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:12:"Defence news";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:103:"https://www.financialexpress.com/defence/dunagiri-project-17a-frigate-to-be-launched-on-friday/2594265/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:209:"According to the Indian Navy, the ships under P17A have been designed in-house  by the Directorate of Naval Design (DND). The DND has in the past successfully designed several classes of indigenous warships.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:24:13+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2345:"
On Friday, `Dunagiri’ under Project 17A, will be launched into the Hooghly river at Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, in the presence of defence minister Rajnath Singh.&nbsp;The frigate is the fourth ship under Project 17A and has been named after a mountain range located in the state of Uttarakhand.

According to an official statement, these are follow-on of the P17 Frigates (Shivalik Class). They have better platform management systems, stealth features, sensors, and advanced weapons.

More about ‘Dunagiri’: The soul of a ship lives eternally and finds a suitable ship

This is the reincarnation of the erstwhile ‘Dunagiri’, the Leander Class ASW Frigate. The erstwhile ‘Dunagiri’ was in service for 33 years of service from May 05 1977 till October 2010. While in service it had participated in several multinational drills at sea, and witnessed many various challenging operations.

Background

As it has been reported earlier, the first two ships of P17A Project were launched in 2019 at Mazagon Dock Limited (MDL) and the other one in 2020 at GRSE.

Also, Udaygiri, the third ship was launched at MDL earlier this year in May. Now the launch of the fourth ship is a positive indication of self-reliance of the Indian Navy in ship building.

Who has designed these frigates?

According to the Indian Navy, the ships under&nbsp;P17A have been designed in-house &nbsp;by the Directorate of Naval Design (DND). The DND has in the past successfully designed several classes of indigenous warships.

As a major step towards Atmanirbhar Bharat in Defence, according to the official statement more than 75 percent of the orders for equipment &amp; system are being placed on domestic companies.

More about Project 17A

These multi-role ships will be playing a critical role in the emerging international maritime threats and also will help in dealing with China’s bullying in the Indian Ocean Region (IOR).

There will be seven frigates built under P-17 A for the Indian Navy which will be equipped with advanced stealth capability. The construction of these ships is taking place at MDL (four) and GRSE, Kolkata (three).";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-437.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:188:"According to an official statement, these are follow-on of the P17 Frigates (Shivalik Class). They have better platform management systems, stealth features, sensors, and advanced weapons.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-437-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:91;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:99:"66% of last mile emissions are linked to six major e-commerce &amp; parcel delivery firms: Research";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:150:"https://www.financialexpress.com/express-mobility/66-of-last-mile-emissions-are-linked-to-six-major-e-commerce-parcel-delivery-firms-research/2594144/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:23:01 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:16:"Express Mobility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:150:"https://www.financialexpress.com/express-mobility/66-of-last-mile-emissions-are-linked-to-six-major-e-commerce-parcel-delivery-firms-research/2594144/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:74:"The report highlights the top six companies in terms of overall emissions.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:11:"Yash Sharma";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:23:06+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:6181:"
According to new research conducted by Stand.earth research group and Clean Mobility Collective, the last-mile emissions of the six largest global delivery and e-commerce companies alone amount to approximately 4.5 megatons of CO2. This figure is expected to rise exponentially in the coming years. This is roughly equivalent to the annual CO2 emissions from 1 million petrol passenger vehicles.

The report highlights the top six companies in terms of overall emissions: UPS, FedEx, Amazon Logistics (Amazon&#8217;s logistics and courier division), DPD (Strategic partner &amp; significant minority stakeholder of DTDC India), eKart (Flipkart&#8217;s courier division), and DHL eCommerce Solutions (courier division of Deutsche Post DHL Group). Commitments from them are far behind what is required to achieve zero-emission deliveries and lack transparency.

Lead author, Stand.earth, Greg Higgs said, &#8220;We researched 90 courier companies across Europe, India, and North America,&#8220;.

“None of them are open about their last-mile emissions. We discovered that the top six polluters account for more than two-thirds of total CO2 emissions in our database of parent companies. Furthermore, because these six companies are primarily responsible for subcontracting delivery services to many of the remaining companies in our dataset, their negative impact on the environment and public health is likely to be even greater,” he added.

The report also finds that the last mile CO2 emissions in India and across the other regions, are at least half of all overall emissions from e-commerce deliveries.&nbsp; While the primary e-commerce majors researched as part of the study in India are Amazon and Flipkart in India, a range of courier and logistics companies with a significant footprint and providing delivery services to these companies were additionally researched, and the findings on emissions and transparency were similar. Some of the major Indian courier and last mile delivery companies researched include Delhivery, DTDC India, Blue Dart Express, Shadowfax, Ecom Express, amongst others.&nbsp;

Other India-specific findings in the report show that India&#8217;s last mile emissions per delivery (285 gCO2) are significantly higher than the global weighted average (204 gCO2). Furthermore, five Indian cities – Delhi, Mumbai, Kolkata, Bangalore, and Chennai – emit more CO2 from last-mile delivery than the last mile emissions of entire countries such as France and Canada.

The higher Indian figures for average per parcel delivery compared to global or European figures are concerning- the rise in India could potentially be attributed to greater congestion in Indian cities compared to other regions. India would benefit from ensuring an ambitious transition to electric for its last mile delivery. This would mean cleaner air in congested cities, reduction in carbon emissions, and savings for the gig workers. The e-commerce majors need to enable this transition considering their impact and future growth plans.

Interestingly, Indian homegrown&nbsp; brand Flipkart, with their commitment to transition their last mile fleets to EV by 2030, articulates this ambition, wherein they along with committing to Climate Group&#8217;s EV100 target of 100% EV fleets by 2030 also commit aims to achieve net zero across their operations by 2040. Moreover, with an array of regulatory pathways and instruments announced and under implementation, from the Central and several State Governments, the context as well as opportunity is in place for this sector to be the torch-bearer for this seismic transformation in India. The findings of the study point to the policy focus and intent that is already being put into accelerated EV transition in the delivery sector &#8211; through the Niti Aayog&#8217;s Shoonya campaign, and for e.g. key states such as Delhi and Maharashtra, identifying policies and regulations that are actively decarbonizing the last mile delivery sector.

Siddharth Sreenivas, Clean Mobility Collective India Coordinator said, “The short trips that millions of delivery vehicles take every day have a disproportionate impact on pollution, smog, air quality, and, ultimately, our health, as well as our ability to achieve a zero-emission future. It is critical that businesses collaborate with our governments to come clean about their emissions and commit to clear, time-bound plans to reduce them,”.

With the Indian ecosystem expected to massively expand in terms of business and allied employment, companies need to plan and scale-up how they will decarbonize their delivery fleets in a way that is “socially just” while being compatible with environmental and climate accountability and commitments.

Acknowledging the challenges faced by the sector, Atul Mudaliar, Head of Business Actions India, Climate Group said, “This is not just an e-commerce or a delivery sector problem, it is an industry-wide gap globally. Scope 3 emissions, referring to emissions from the extended supply chain including sub-contracted last mile delivery partners, outside a company’s direct control are intractable, they are most difficult to quantify and hence least reported. Much of the industry’s focus has been on managing Scope 1 and Scope 2, which apply to internal emissions within the companies operations, as they are easy to start but the approach is slowly changing and will need to change even faster. If Scope 3 in e-commerce is a big driver of emissions then the industry should invest in transparent accounting and disclosures.”&nbsp;

Mudaliar further added, “India’s $350 billion 2030 market can show the way to tackle this problem. It is significant to note that the report acknowledges Indian home grown brand, Flipkart, which has committed to Climate Group’s EV100 campaign to transition their entire last mile fleet by 2030 along with engaging their extended value chain to meet net-zero emissions including Scope 3 by 2040.&#8220;";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:84:"https://www.financialexpress.com/wp-content/uploads/2022/06/pollution-delhi-759.jpeg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:92:"https://www.financialexpress.com/wp-content/uploads/2022/06/pollution-delhi-759-300x167.jpeg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:92;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:93:"Exports rise 23.52 pc to USD 40.13 billion in June; trade deficit at record USD 26.18 billion";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:140:"https://www.financialexpress.com/economy/exports-rise-23-52-pc-to-usd-4013-billion-in-june-trade-deficit-at-record-usd-2618-billion/2594264/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:18:16 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"ECONOMY";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:5:"Trade";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:140:"https://www.financialexpress.com/economy/exports-rise-23-52-pc-to-usd-4013-billion-in-june-trade-deficit-at-record-usd-2618-billion/2594264/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:139:"The trade deficit during the first three months of this fiscal widened to USD 70.80 billion from USD 31.42 billion in the year-ago period. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:17:"Subhajit Dasgupta";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:18:28+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:736:"
India&#8217;s merchandise exports in June grew by 23.52 per cent to USD 40.13 billion, while the trade deficit ballooned to a record of USD 26.18 billion, according to the government data released on Thursday.

Imports expanded by 57.55 per cent to USD 66.31 billion in June compared to the year-ago month, the data showed.

The trade deficit stood at USD 9.60 billion in June 2021.

Cumulative exports in April-June 2022-23 rose by about 24.51 per cent to USD 118.96 billion, while imports increased 49.47 per cent to USD 189.76 billion during the period.

The trade deficit during the first three months of this fiscal widened to USD 70.80 billion from USD 31.42 billion in the year-ago period.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:74:"https://www.financialexpress.com/wp-content/uploads/2022/07/economy1-2.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:57:"The trade deficit stood at USD 9.60 billion in June 2021.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:82:"https://www.financialexpress.com/wp-content/uploads/2022/07/economy1-2-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:93;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:69:"CAD expected to deteriorate in FY23 on costlier import: FinMin Report";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:118:"https://www.financialexpress.com/economy/cad-expected-to-deteriorate-in-fy23-on-costlier-import-finmin-report/2594230/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:14:19 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:23:"Current Account Deficit";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:118:"https://www.financialexpress.com/economy/cad-expected-to-deteriorate-in-fy23-on-costlier-import-finmin-report/2594230/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:220:"On the positive side, the report said, agriculture is picking up momentum with the revival in monsoon and Kharif sowing. The geographical distribution of the rainfall too has improved considerably. It is far less skewed.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:14:47+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:5116:"
India&#8217;s current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry&#8217;s monthly economic review.

The review released on Thursday by the ministry also said that global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket.

For the present, it said, &#8220;their global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation.&#8221; If recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, &#8220;then India&#8217;s CAD (current account deficit) will deteriorate in 2022-23 on account of costlier imports and tepid exports on the merchandise account.&#8221; Primarily driven by an increase in trade deficit, the CAD stood at 1.2 per cent of GDP in 2021-22. Analysts expects CAD may expand to 3 per cent of the GDP in the current financial year.

The deterioration of CAD could, however, moderate with an increase in service exports in which India is more globally competitive as compared to merchandise exports, the report said, adding that the widening of CAD, has depreciated the Indian rupee against the US dollar by 6 per cent since January of 2022.

The rupee, however, has performed well in 2022 compared to other major economies unlike in 2013, where it depreciated against other major economies, thus, reflecting strong fundamentals of the Indian economy.

The depreciation of rupee, in addition to elevated global commodity prices, has also made price-inelastic imports costlier, thereby making it further difficult to reduce the CAD, it said.

To meet the financing needs of a widening CAD and rising FPI outflows, forex reserves, in the six months since January 2022, have declined by USD 34 billion, it said.

In order to further diversify and expand the sources of forex funding so as to mitigate volatility and dampen global spill overs, measures have been taken by the RBI to enhance forex inflows while ensuring overall macroeconomic and financial stability, it said.

These measures include exemption from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) on Incremental Foreign Currency Non-Resident (Bank) FCNR(B) and Non-Resident (External) Rupee (NRE) Term Deposits, lifting interest rate cap on these deposits, easing norms for FPI in debt market, increasing the external commercial borrowings limit under the automatic route.

On the commodity prices, the report said, global headwinds continue to pose a downside risk to growth as crude oil and edible oils, which have driven inflation in India, remain the major imported components in the consumption basket.

For the present, their global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation.

In addition, it said, various measures taken by the government to temper inflationary pressures may also contribute to capping inflation. The government has hiked the customs duty on gold from present 10.75 per cent to 15.0 per cent in order to alleviate the impact.

However, as long as retail inflation in India continues to be higher than RBI&#8217;s tolerance level of 6 per cent, as it still is at 7 per cent in June 2022, stabilization policy measures will need to continue walking the tightrope of balancing inflation and growth concerns.

On the positive side, the report said, agriculture is picking up momentum with the revival in monsoon and Kharif sowing. The geographical distribution of the rainfall too has improved considerably. It is far less skewed.

Elevated international agricultural prices have enhanced the real purchasing power in the rural areas with terms of trade for agricultural commodities remaining positive since March 2022, it said.

This has triggered a recovery in rural demand, although some indicators are yet to recover to pre-pandemic levels, it added. With regard to corporate sector, the report said, it has begun to show signs of revival with robust growth in net sales in the quarter ending March 2022, assisted by a general recovery in demand.

Improved fundamentals of the corporate sector and a well-capitalized financial system have instilled confidence in investors, it said, adding, private equity and venture capital investments in the first two months of Q1 of 2022-23 have risen above their levels in the corresponding period of the previous year. The government&#8217;s sustained focus on expanding capital expenditure has resulted in its year-on-year growth of 70.1 per cent in May 2022.

To further facilitate capex, it said, the government has also announced rules for disbursing Rs 1 trillion in interest-free capex loans to states.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-435.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:252:"The review released on Thursday by the ministry also said that global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-435-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:94;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:111:"Oppo Pad Air, Oppo Enco X2 wireless earbuds to launch in India on July 18 alongside Oppo Reno 8 series: Details";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:171:"https://www.financialexpress.com/industry/technology/oppo-pad-air-oppo-enco-x2-wireless-earbuds-to-launch-in-india-on-july-18-alongside-oppo-reno-8-series-details/2594247/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:13:39 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:10:"Technology";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:4:"Oppo";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:15:"technology news";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:171:"https://www.financialexpress.com/industry/technology/oppo-pad-air-oppo-enco-x2-wireless-earbuds-to-launch-in-india-on-july-18-alongside-oppo-reno-8-series-details/2594247/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:62:"The Pad Air will be the brand’s first tablet in the country.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Saurabh Singh";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:13:43+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2171:"
Oppo Pad Air and Oppo Enco X2 wireless earbuds will be launched in India on July 18 alongside Oppo Reno 8 series, Oppo announced today. The Pad Air will be the brand’s first tablet in the country. The Enco X2, meanwhile, will be follow-up to the Enco X— Oppo’s flagship TWS earbuds.

<h2>OPPO PAD AIR CONFIRMED FEATURES</h2>

Oppo has teased a few key features of both devices ahead of launch. The Oppo Pad Air, which is being billed for education entertainment, has a Qualcomm Snapdragon 680 chip and Oppo’s “AI system booster 2.1” that’s said to ensure smooth multitasking on the tablet. The design is sleek and premium with what the brand is calling a “sunset dune 3D texture” paired with its “glow” aesthetic that, among other things, seemingly makes it resistant to fingerprints and scratches.

The Pad Air, Oppo says, has a screen that’s certified by TÜV Rheinland for low blue light eye comfort. The tablet tuns ColorOS 12 for Pad software which, as the name suggests, is a ColorOS tailored for tablets with features like multi-device connection, two-finger split-screen, and dual windows, in addition to support for floating windows.

Oppo says the Pad Air will be the only tablet in its price segment that would allow users to switch from their existing Oppo phone’s screen to the tablet’s larger display. The tablet also supports drag-and-drop and clipboard sharing between devices.

As is usually the case with many tablets, Oppo will offer a stylus for this tablet –presumably sold separately— with 4,096 levels of pressure sensitivity.

<h2>OPPO ENCO X2 CONFIRMED FEATURES</h2>

The Enco X2 are a pair of high-end truly wireless earbuds that support active noise cancellation and what Oppo is calling a segment-first “Dolby Atmos Binaural Recording” that would allow users to record and play back audio “efficiently.”

Oppo has worked with Dynaudioon “anext-generation Super Dynamic Balance Enhanced Engine (SuperDBEE) acoustic system” for the Enco X2 in addition to equipping them with a Hi-Res Audio Wireless certification. These support the LHDC codec.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:70:"https://www.financialexpress.com/wp-content/uploads/2022/07/oppo-1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:43:"Oppo Pad Air, Oppo Enco X2, Oppo Reno 8 Pro";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:78:"https://www.financialexpress.com/wp-content/uploads/2022/07/oppo-1-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:95;a:6:{s:4:"data";s:21:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:114:"G20 must ensure developing nations earn ‘meaningful revenues’ from global minimum tax deal: Nirmala Sitharaman";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:157:"https://www.financialexpress.com/economy/g20-must-ensure-developing-nations-earn-meaningful-revenues-from-global-minimum-tax-deal-nirmala-sitharaman/2594224/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:12:55 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:2:{i:0;a:5:{s:4:"data";s:7:"Economy";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:7:"ECONOMY";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:157:"https://www.financialexpress.com/economy/g20-must-ensure-developing-nations-earn-meaningful-revenues-from-global-minimum-tax-deal-nirmala-sitharaman/2594224/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:226:"The proposed two-pillar solution consists of two components -- Pillar One which is about reallocation of additional share of profit to the market jurisdictions and Pillar Two consisting of minimum tax and subject to tax rules.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:12:"Anish Mondal";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T18:27:38+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2989:"
Finance minister Nirmala Sitharaman on Thursday called on G20 countries to ensure that developing nations do not face any &#8220;unintended consequences&#8221; of the proposed global minimum tax deal at the G20 and earn &#8220;meaningful revenues&#8221;.

She also said that the concerns of developing nations should also be addressed while formulating rules for the proposed two-pillar tax deal to ensure a fairer and inclusive tax system.

&#8220;…it is necessary to guard against any unintended consequences, which may have an adverse impact on developing countries. We shall continue to work for the strengthening of international cooperation for a fairer, transparent, efficient and effective global tax system that supports and empowers the developing countries in their efforts to mobilise resources,&#8221; she said while addressing the &#8216;G20 Ministerial Symposium on Tax and Development&#8217; in Bali.

A total of 130 countries, including India, had in July last year agreed to a overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15 per cent rate. The finance ministry had then said that some significant issues, including share of profit allocation and scope of subject to tax rules, are yet to be addressed and a &#8216;consensus agreement&#8217; would happen after working out the technical details of the proposal.

The proposed two-pillar solution consists of two components &#8212; Pillar One which is about reallocation of additional share of profit to the market jurisdictions and Pillar Two consisting of minimum tax and subject to tax rules.

Developing countries make up almost one-third of the membership of the G20 inclusive framework for taxation. &#8220;There is a need to ensure that the developing countries are able to effectively participate in the negotiations as well. Resource constraints and the limited capacities to participate in the discussions at the inclusive framework need to be addressed to ensure that membership of the developing countries result in their needs and concerns being articulated and heard and that truly is the inclusive framework,&#8221; she said.

Sitharaman called on the G20 inclusive framework to support the active participation of all members in the finalisation of the technical aspects of the two-pillar solution.

This, she said, would ensure a &#8220;fairer, sustainable and inclusive tax system, which results in meaningful revenue&#8221; for the developing countries. &#8220;We need to have their (developing nations) inputs and include them particularly because these rules will affect them,&#8221; the minister said.

Both the pillars of the proposed taxation system should come into effect simultaneously for an equitable solution, Sitharaman said, adding &#8220;there is no way in which they can be implemented separately, because their effectiveness will be lost.&#8221;";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-434.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:184:"She also said that the concerns of developing nations should also be addressed while formulating rules for the proposed two-pillar tax deal to ensure a fairer and inclusive tax system.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-434-300x166.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"166";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:96;a:6:{s:4:"data";s:23:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:63:"Top 10 reasons behind ride cancellation by Ola and Uber drivers";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:123:"https://www.financialexpress.com/express-mobility/top-10-reasons-behind-ride-cancellation-by-cab-service-providers/2594177/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:12:28 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:4:{i:0;a:5:{s:4:"data";s:16:"Express Mobility";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:4:"News";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:3;a:5:{s:4:"data";s:18:"Passenger Vehicles";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:123:"https://www.financialexpress.com/express-mobility/top-10-reasons-behind-ride-cancellation-by-cab-service-providers/2594177/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:123:"Studies have shown that more than there have been about 79 per cent ride cancellation issues that cab users have reported. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:13:"Amrita Rohira";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:21:08+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:7268:"
Since the recent tweet got viral, wherein a man from Bengaluru shared a bus ticket sharing his experience after a good waste of time booking a cab and making it to his destination. This again raised the question as to why there have been so many ride cancellations of late.&nbsp;

<a href="https://twitter.com/srinualavilli/status/1546474133944299520?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1546474133944299520%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.livemint.com%2Fnews%2Findia%2Fphoto-of-rs-20-ticket-goes-viral-sets-off-debate-over-viability-of-ola-uber-11657695267261.html">https://twitter.com/srinualavilli/status/1546474133944299520?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1546474133944299520%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.livemint.com%2Fnews%2Findia%2Fphoto-of-rs-20-ticket-goes-viral-sets-off-debate-over-viability-of-ola-uber-11657695267261.html</a>

Studies have shown that more than there have been about 79 per cent of ride cancellation issues that cab users have reported.&nbsp;

The two names, not alien to anyone &#8211; Ola and Uber have been in the limelight for quite some time now. So, here are a few probable reasons behind such cases in point.&nbsp;

The ever-rising fuel prices

The rising fuel prices have impacted the entire transportation industry and the cab drivers, being the ‘not so rich’ section of the society are also struggling with the ever-increasing fuel costs.&nbsp;

A driver who devotes more than 14 hours to the job every day is spending Rs 20,000 a month on fuel on an average basis. The question is, how much is the cab driver earning then? To add more expenses to his list, many drivers have loans to clear, so they have to pay monthly EMI as well.&nbsp;

Drivers&#8217; inclination towards cash payments

While the country is slowly adapting to digital payments, here, on the contrary, drivers prefer cash payments and this has become one of the reasons behind ride cancellations. Many drivers cancel rides since they see the mode of payment on the app. The reason is they find it difficult to set aside enough money to meet their daily expenses.&nbsp;

Drivers keen to switch professions

The pandemic changed the ways our lives used to be. For the cab drivers, it was about switching their professions. This indicates a very serious safety concern since the newly appointed drivers aren’t much experienced.&nbsp;

There have been multiple instances where drivers chose to become delivery partners of Zomato, Zypto, and Swiggy among others.&nbsp;

The e-commerce industry and with that the logistics industry have seen a boom in the last few years, thereby creating demand for last-mile delivery providers for platforms like Amazon, Myntra, and others.&nbsp;

Alternate sources of income give the driver an option to accept or deny the bookings

Another reason for ride cancellations is that the drivers have stopped relying on a single profession. So, driving cabs is no more the primary and only source of income for many drivers now. The drivers accept a ride if they find it convenient else they drop it. Else, they continue with the other works at hand.&nbsp;

Drivers bat for personal trips, axing aggregators’ cut

Another fact that many of us must have witnessed is that once the driver reaches the location, the driver himself asks to cancel the booking but carry on with the travel. This means the passenger is picked up and dropped to the desired location without the aggregator company being involved. &nbsp;

<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="620" height="349" src="https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-620x349.jpg" alt="Ola-cab booking" class="wp-image-2594234" srcset="https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-620x349.jpg 620w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-400x225.jpg 400w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-300x169.jpg 300w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-768x432.jpg 768w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-310x174.jpg 310w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-150x84.jpg 150w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-81x45.jpg 81w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-100x56.jpg 100w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2-650x366.jpg 650w, https://www.financialexpress.com/wp-content/uploads/2022/07/cats-16-620x413-2.jpg 1200w" sizes="(max-width: 620px) 100vw, 620px" /><figcaption>The passenger is picked up and dropped to the desired location without the aggregator knowing the same.. </figcaption></figure></div>

Affording a car has become a challenge&nbsp;

The increased costs of owning a vehicle has also impacted the Ola -Uber-driven cab industry. Every day one or the other car manufacturer announces a hike in passenger car prices, over-budgeting the lower-middle class drivers.&nbsp;

GST means added costs for drivers&nbsp;

GST has given leverage to travelers in terms of slightly reduced costs. However, this is not what the cab companies or drivers appreciate. The GST has posed problems causing an increase in the lease payments which makes the drivers bear the increase in their costs and look for other employment options.&nbsp;

The demand for different rates for AC and non-AC rides

Another possible reason for the ride cancellations is the demand for AC. While the usual fare charges range between Rs 12-13 per km, the drivers expect a minimum of Rs 24-25 per km because of the additional costs involved in turning the AC on.&nbsp;

The challenging routes and traffic congestion

One persistent culture is whenever a commuter books a mini or a micro ride using the apps, the waiting time increases up to 10-12 mins which should ideally be less than 3-4 mins. This becomes more problematic if the cab is booked for a location that is a bit confusing for the driver, ending up with canceled bookings. The destination is not the issue, what makes the cabbers cancel the bookings is the route to reach the terminus.&nbsp;

High commission rates of the aggregators&nbsp;

It is not just the drivers who are to be blamed. The cab aggregators are the real culprits behind the charges you pay for cancellation fees. The cab drivers are supposed to pay about 25-30 per cent of what they earn to the aggregator as commission.&nbsp;

The failure of cab companies to compensate for the expectations versus real-time issues with their own drivers has just added to the existing chaos and this is why trip cancellations have become very common.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:94:"https://www.financialexpress.com/wp-content/uploads/2022/04/Uber-Ola-Electric-EV-660x440-2.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:105:"Ola and Uber have been in the limelight for quite some time now for the multiple ride cancellation cases.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:102:"https://www.financialexpress.com/wp-content/uploads/2022/04/Uber-Ola-Electric-EV-660x440-2-300x200.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"200";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:97;a:6:{s:4:"data";s:22:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:53:"Liquidity stress eases for Vedanta Resources: S&amp;P";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:98:"https://www.financialexpress.com/industry/liquidity-stress-eases-for-vedanta-resources-sp/2594235/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:09:42 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:3:{i:0;a:5:{s:4:"data";s:8:"Industry";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:1;a:5:{s:4:"data";s:13:"Vedanta Group";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}i:2;a:5:{s:4:"data";s:17:"Vedanta Resources";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:98:"https://www.financialexpress.com/industry/liquidity-stress-eases-for-vedanta-resources-sp/2594235/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:220:"The rating agency also said that while Vedanta Resources still has some funds to raise, it has sufficient cash at its cash-rich India operating subsidiary Vedanta Ltd and will gain from established banking relationships.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:17:"Subhajit Dasgupta";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:09:46+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:1782:"
S&amp;P Global Ratings on Thursday said liquidity stress has reduced for Vedanta Resources Ltd as the company has addressed a large part of its debt maturities for the ongoing financial year.

The rating agency also said that while Vedanta Resources still has some funds to raise, it has sufficient cash at its cash-rich India operating subsidiary Vedanta Ltd and will gain from established banking relationships.

&#8220;That said, Vedanta Resources&#8217; weakened access to capital markets and persistent refinancing needs constrain the rating,&#8221; S&amp;P Global Ratings said in a statement.

From the requirement to refinance about USD 3 billion at the start of the current fiscal year, Vedanta Resources&#8217; debt maturities for the rest of the fiscal are now about USD 1.3 billion.

&#8220;We assume the company will meet about half of the remaining amount due in fiscal 2023 further dividends from Vedanta Ltd, and the rest will be refinanced,&#8221; it added.

Even if Vedanta Resources is not able to raise funding for the 2023 bonds, the rating agency said it should be still able to meet the bond repayments through dividends from its subsidiary Vedanta Ltd.

&#8220;Our assessment of Vedanta Resources&#8217; liquidity takes into account the impact on the company&#8217;s earnings from a fall in commodity prices in recent months and the Indian government&#8217;s imposition of a windfall tax on oil,&#8221; it said.

A large dividend from its cash-rich India operating subsidiary has boosted billionaire Anil Agarwal-led Vedanta Resources Ltd&#8217;s efforts to refinance debt, Moody&#8217;s Investors Service had earlier said.

Vedanta Resources Ltd owns 69.7 per cent stake in Vedanta Ltd.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:72:"https://www.financialexpress.com/wp-content/uploads/2022/07/vedanta1.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:187:"From the requirement to refinance about USD 3 billion at the start of the current fiscal year, Vedanta Resources' debt maturities for the rest of the fiscal are now about USD 1.3 billion.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:80:"https://www.financialexpress.com/wp-content/uploads/2022/07/vedanta1-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:98;a:6:{s:4:"data";s:20:" 
 
 
 
 
 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:5:{s:0:"";a:6:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:105:"Varanasi’s Kashi Vishwanath temple implements new rate chart for darshan, puja, for Sawan; Details here";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:166:"https://www.financialexpress.com/lifestyle/travel-tourism/varanasis-kashi-vishwanath-temple-implements-new-rate-chart-for-darshan-puja-for-sawan-details-here/2594050/";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:7:"pubDate";a:1:{i:0;a:5:{s:4:"data";s:31:"Thu, 14 Jul 2022 17:09:10 +0530";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:8:"category";a:1:{i:0;a:5:{s:4:"data";s:16:"Travel & Tourism";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:4:"guid";a:1:{i:0;a:5:{s:4:"data";s:166:"https://www.financialexpress.com/lifestyle/travel-tourism/varanasis-kashi-vishwanath-temple-implements-new-rate-chart-for-darshan-puja-for-sawan-details-here/2594050/";s:7:"attribs";a:1:{s:0:"";a:1:{s:11:"isPermaLink";s:5:"false";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:11:"description";a:1:{i:0;a:5:{s:4:"data";s:116:"Elaborate arrangements have been made at Varanasi’s Kashi Vishwanath Dham for the month of Sawan beginning today. ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:32:"http://purl.org/dc/elements/1.1/";a:1:{s:7:"creator";a:1:{i:0;a:5:{s:4:"data";s:14:"Shriparna Saha";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:7:"updated";a:1:{i:0;a:5:{s:4:"data";s:25:"2022-07-14T17:09:15+05:30";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:40:"http://purl.org/rss/1.0/modules/content/";a:1:{s:7:"encoded";a:1:{i:0;a:5:{s:4:"data";s:2405:"
Elaborate arrangements have been made at Varanasi’s Kashi Vishwanath Dham for the month of Sawan beginning today. Hence, if you are planning to visit the holy shrine this month, then here is the new rate chart for worship and other rituals at the temple. Devotees have to pay extra for worship, puja and &#8216;abhishek&#8217; in the month of Sawan in Kashi Vishwanath temple. The ticket for Sugam Darshan on Monday of Sawan will be Rs 750 per person, while on other days except for Monday, the price of this ticket has been kept at Rs 500.

For Mangla Aarti, ticket prices have been fixed to Rs 1000 on normal days, while the ticket price of this will be Rs 2000 on Monday of Sawan. The ticket for Mid-day Bhog Aarti, Sapt Rishi Aarti, and Shringar Bhog Aarti will be Rs 500 for the whole month.

On the other hand, devotees need to spend Rs 700 on getting Rudrabhishek from one shastri in the entire month of Sawan, whereas for getting Rudrabhishek from five Shastri, on Monday of Sawan, the fixed rate is Rs 3000 and on the rest of the week, Abhishek can be done for Rs 2100. If the devotees want to do special Sawan special Shringaar (make-up) for the occasion on Monday, then he will have to spend 20,000.

Fine for littering around temple premises If you are caught eating paan-gutkha or littering in and around Kashi Vishwanath Dham, then you will have to pay a fine of Rs 500. The temple management has started this campaign over complaints received from devotees.

The Chief Executive Officer said that the temple administration is also starting surveillance through cameras so that if any employee, officer, visitor, or policeman spread filth in and around the premises, then a fine of Rs 500 can be imposed immediately on being caught.

Special arrangements at Kashi Vishwanath Temple The devotees will enter Kashi Vishwanath Dham from the gate facing the river Ganga as well as other gates. Red carpet will be rolled out from Kashi Vishwanath Corridor Gate on Ganga Ghat to Kashi Vishwanath temple.

For the convenience of the devotees, LED TVs will be installed at a dozen places on the&nbsp; temple corridor premises so that they may watch Baba Vishwanath on screen. &nbsp;This time, about seven lakh people are expected to have ‘darshan’ of Baba Kashi Vishwanath every Monday.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:93:"https://www.financialexpress.com/wp-content/uploads/2022/07/kashi-vishwanath-main-temple.jpeg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:74:"The ticket for Sugam Darshan on Monday of Sawan will be Rs 750 per person.";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:101:"https://www.financialexpress.com/wp-content/uploads/2022/07/kashi-vishwanath-main-temple-300x200.jpeg";s:5:"width";s:3:"300";s:6:"height";s:3:"200";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}i:99;a:6:{s:4:"data";s:21:" 
 
 
 
 
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Sri Lanka&#8217;s former prime minister Mahinda Rajapaksa and ex-finance minister Basil Rajapaksa on Thursday gave an undertaking to the Supreme Court through their lawyers that they will not leave the crisis-hit country until the Fundamental Rights petition filed against them is heard on Friday, a media report said on Thursday.

A five-judge bench of Lankan Supreme Court comprising Chief Justice Jayantha Jayasuriya, Justice Buwaneka Aluwihare, Justice Priyantha Jayawardena, Justice Vijith Malalgoda, and Justice LTB Dehideniya are scheduled to hear on Friday the petition against the two members of the erstwhile powerful Rajapaksa family, the Daily Mirror Lanka website reported.

A petition was filed in the apex court as Basil Rajapaksa, the younger brother of President Gotabaya Rajapaksa, was earlier on Tuesday turned back at the Colombo airport as he attempted to leave the country through the VIP terminal.

Basil, 71, tried to leave the bankrupt island nation a day before Gotabaya Rajapaksa fled to the Maldives from where he appointed Prime Minister Ranil Wickremesinghe as the acting President, escalating political crisis and triggering a fresh wave of protests in the country reeling under the worst financial crisis in decades.

Basil, a US passport holder, resigned as finance minister in early April as street protests intensified against shortages of fuel, food and other necessities and quit his seat in parliament in June.

Basil is being widely held responsible for the country&#8217;s worst economic crisis which has heaped misery on the people. Mahinda Rajapaksa, the patriarch of the Rajapaksa clan, resigned from the post of prime minister on May 9, hours after his supporters attacked anti-government protesters outside Gotabaya Rajapaksa&#8217;s office.

Mahinda, 76, was earlier in May barred by a Sri Lankan court from travelling abroad in view of investigations against them for the deadly attack on anti-government protesters in Colombo.

The former prime minister was being protected at the country&#8217;s Trincomalee naval base following his resignation from the post.

Wickremesinghe was sworn-in as Sri Lanka&#8217;s new prime minister by President Gotabaya Rajapaksa, days after his predecessor Mahinda Rajapaksa resigned. Wickremesinghe was on Wednesday appointed as the acting president of the island nation in the absence of Gotabya Rajapaksa who has fled the country amidst the country-wide violence.

The acting president on Wednesday declared a state of emergency in the country and a curfew in the Western province has been imposed as protesters gathered near his office at Flower Road in Colombo following his appointment as the acting president.

Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, the worst in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials.

Schools have been suspended and fuel has been limited to essential services. Patients are unable to travel to hospitals due to the fuel shortage and food prices are soaring.

Last week, Prime Minister Wickremesinghe said Sri Lanka is now a bankrupt country.";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:29:"http://search.yahoo.com/mrss/";a:2:{s:7:"content";a:1:{i:0;a:6:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:6:"medium";s:5:"image";s:3:"url";s:69:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-433.jpg";s:4:"type";s:10:"image/jpeg";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";s:5:"child";a:1:{s:29:"http://search.yahoo.com/mrss/";a:1:{s:5:"title";a:1:{i:0;a:5:{s:4:"data";s:199:"Mahinda, 76, was earlier in May barred by a Sri Lankan court from travelling abroad in view of investigations against them for the deadly attack on anti-government protesters in Colombo. (File image)";s:7:"attribs";a:1:{s:0:"";a:1:{s:4:"type";s:4:"html";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}s:9:"thumbnail";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:3:"url";s:77:"https://www.financialexpress.com/wp-content/uploads/2022/07/1-433-300x167.jpg";s:5:"width";s:3:"300";s:6:"height";s:3:"167";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}}s:27:"http://www.w3.org/2005/Atom";a:1:{s:4:"link";a:1:{i:0;a:5:{s:4:"data";s:0:"";s:7:"attribs";a:1:{s:0:"";a:3:{s:4:"href";s:38:"https://www.financialexpress.com/feed/";s:3:"rel";s:4:"self";s:4:"type";s:19:"application/rss+xml";}}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}s:44:"http://purl.org/rss/1.0/modules/syndication/";a:2:{s:12:"updatePeriod";a:1:{i:0;a:5:{s:4:"data";s:8:" hourly ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}s:15:"updateFrequency";a:1:{i:0;a:5:{s:4:"data";s:3:" 1 ";s:7:"attribs";a:0:{}s:8:"xml_base";s:0:"";s:17:"xml_base_explicit";b:0;s:8:"xml_lang";s:0:"";}}}}}}}}}}}}s:4:"type";i:128;s:7:"headers";a:15:{s:12:"content-type";s:34:"application/rss+xml; charset=UTF-8";s:6:"server";s:5:"nginx";s:13:"last-modified";s:29:"Fri, 15 Jul 2022 02:52:26 GMT";s:4:"etag";s:34:""b177ea4752f49a7b0c2afd44920ac1bb"";s:8:"x-hacker";s:106:"If you're reading this, you should visit wpvip.com/careers and apply to join the fun, mention this header.";s:12:"x-powered-by";s:33:"WordPress VIP <https://wpvip.com>";s:11:"host-header";s:32:"a9130478a60e5f9135f765b23f26593b";s:4:"link";s:67:"<https://www.financialexpress.com/wp-json/>; rel=https://api.w.org/";s:15:"x-fastcgi-cache";s:3:"HIT";s:4:"vary";s:15:"Accept-Encoding";s:16:"content-encoding";s:4:"gzip";s:13:"cache-control";s:10:"max-age=60";s:7:"expires";s:29:"Fri, 15 Jul 2022 02:54:38 GMT";s:4:"date";s:29:"Fri, 15 Jul 2022 02:53:38 GMT";s:10:"connection";s:29:"keep-alive, Transfer-Encoding";}s:5:"build";s:14:"20170417072931";}