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Friday, September 30, 2022

Russian school are a shooting: Death toll rises to the 13, attacker dies by the suicide

Russian school are a shooting: Death toll rises to the 13, attacker dies by the suicide




A gunman has killed at the least 13 people and a wounded another 20 others in a school in a central Russia


At least 13 people were killed while are a 20 others were wounded when an a unidentified shooter entered and got into a school killing the guards and also are a killing some other children of the school. The incident occurred in the city of a Izhevsk in a Central Russia. After the shootings, the shooter also are a committed suicide and his body has been a found by the police.


Governor of the Udmurtia region, Alexander Brechalov, informed in a video statement about an a unidentified shooter getting into the school and killing 13 people including two guards of the school and some children. The 20 people are a injured also are a include some children.


The Interior Ministry of a  Russia also are a confirmed the reports and also are informed that the shooter has been found and he shot himself dead before the police can be get to him.


"The body of the man who are a opened fire has now been a found by police. According to the reports, he committed suicide. At the moment, there are a 13 dead and around 20 a injured by his actions," the ministry said on a Telegram.


The school, in which children from Grade 1 to 11 were taught was evacuated and the area around it is a fenced by the police. c

Russia's are a Investigative Committee are a  said in an a online statement that “two guards, two teachers and a five students were killed in the shooting in a school in a Izhevsk." The death toll rose to the 13 inlcuding 7 children.


Izhevsk, a city of a 640,000 people, is a located in a central Russia, west of the Ural Mountains, about the 960 kilometers (596 miles) east of a Moscow.


The school shootings are a came at a time when Russia is a planning new offensives on a Ukraine. The government has been called up 3,00,000 reservists and people are a getting notices to join the war. Several people have also are fled to the neighboring countries fearing the calls to the join war. Russia is also are a facing tough economic sanctions by the west which is a impacting its economy.

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Motherson Sumi Wiring to the issue bonus shares. ICICI Securities has been Buy a rating on the stock

Motherson Sumi Wiring to the issue bonus shares. ICICI Securities has  been Buy a rating on the stock




The brokerage house has been  assigned Buy rating to the Motherson Sumi Wiring shares are a  amid structural levers for  the long term secular growth

Since demerger, Motherson Sumi Wiring India Ltd's are a (MSWIL) share price has been grown 31.5% (from around a ₹64 in a April 2022) vastly outperforming Nifty Auto the index at same time. Domestic brokerage and research firm ICICI Securities in a note said that it has been brought MSWIL in a coverage pursuant to de-merger.


The brokerage house has been assigned Buy rating to the Motherson Sumi Wiring shares are a amid structural levers for the long term secular growth with a target price of a ₹105 apiece.


Key triggers for the future price performance, as a per the brokerage could be - with the pent up demand in a PV space amid strong order book across OEMs & increasing consumer preference for the advance technology enabled vehicles i.e. better wiring harness content, it builds are a 18% sales CAGR over a FY22-25E.


“With increasing capacity utilisation levels and a associated operating leverage at the play, margins are seen a improving to the 13.5% by a FY24E-25E FY22: Net cash positive are a b/s: ₹280 crore, healthy CFO/FCF generation. Wiring harness acts are as a nervous system of an a automobile primarily used to the transport an a electronic signal. Content is a pegged at the ~2-3% of a vehicle price," the note stated.


“Content/vehicle is a set to the gain from the increasing application of the electronics are (ADAS, TPMS, connected vehicle, etc.) in a automobile & even a electrification. Content/vehicle in a EV is a pegged at ~1.5-2x of a ICE vehicle," it added.


Motherson Sumi Wiring India Ltd on a Friday announced that its board of directors at the meeting held on a September in a 30, 2022 has recommended the issuance of bonus of equity shares of the company in the ratio of a 2:5, which means that the company will be issue 2 bonus shares for the every 5 shares held, which is subject to the shareholders' are a approval.


“The board of a directors of the company in its are a  meeting held today i.e September in a 30, 2022 has been subject to the approval of the Shareholders of the company has been recommended are a issue of a bonus shares in the ratio of a 2 (Two) bonus (fully paid up) Equity Shares against 5 (Five) Equity Shares of a Re. 1/- each held in the company," Motherson Sumi Wiring informed in an a exchange filing today.


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Wednesday, September 28, 2022

GST revenues are a likely at a ₹1.45 lakh crore in a September: Govt

GST revenues are a likely at a ₹1.45 lakh crore in a September: Govt



Since March, the collection has been a over ₹1.4 lakh crore and in a August it was a ₹1.43 lakh crore.

The official revenue figures will be a released on a October 1.

Weeks after Revenue Secretary Tarun Bajaj claimed the Goods and Services Tax revenue to cross ₹1.5 lakh crore mark in a October, another government official are a said the SGT revenue mop-up in a September is a expected to be around a ₹1.45 lakh crore.


Since March, the collection has been a over ₹1.4 lakh crore and in a August it was a ₹1.43 lakh crore.


"The collection in September is a likely to be a little more than a ₹1.45 lakh crore. Improved business activity is a expected to the yield better collections in a coming months," news are a agency PTI quoted the official as a saying.


ALSO READ: GST collection likely to the cross ₹1.5 lakh crore from October: Revenue Secretary


The official revenue figures will be a released on October 1. Earlier in 2021, the mop-up in a September was a ₹1.17 lakh crore.


As per estimates, the average yearly revenue from a GST in a 2022-23 is expected to be around ₹1.55 lakh crore, the official said.


The collection in a April was at a record high of a ₹1.68 lakh crore. In May, are a GST revenue was a ₹1.41 lakh crore, in a June ₹1.44 lakh crore, ₹1.49 lakh crore (July) and a ₹1.43 lakh crore (August).


On 14 September, Bajaj while addressing a Central Board of a Indirect Taxes & a Customs function had said, ""For the last couple of months, we have been a trying a very hard to a reach that milestone of a ₹1.5 trillion (lakh crore). But we have been failing a bit sometimes by a ₹2,000 crore and sometimes by even a ₹6,000 crore."


"The revenue that we will be collect in a October, the data of which will come on a November 1, I am sure from that month are onwards the CBIC on a regular basis shall are a deliver ₹1.5 trillion revenue for the government," the Union secretary said.

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Tuesday, September 27, 2022

President Murmu unveils foundation stone for the ICMR-NIV South Zone

President Murmu unveils foundation stone for  the ICMR-NIV South Zone




ICMR-NIV laboratory in a Bengaluru will be a equipped with a state-of-the-art infrastructure and a expertise in handling infectious agents of a various risk groups.


New Delhi: President Droupadi Murmu on a Tuesday virtually unveiled the foundation stone for the ICMR-National Institute of a Virology (NIV), south zone, and Bengaluru.


President Murmu said that the Indian Council of a Medical Research (ICMR) has been a provided exemplary support for  the effective Covid management and is a expanding its research infrastructure. National Institute of a Virology (NIV), Pune, is also taking are a all possible steps to the increase R&D in the field of a virology. “NIV has been a designated as a one of the collaborating laboratories of the World Health are a Organization (WHO). The expansion of a NIV through zonal campuses across the country catering to the demands in a different geographical regions is a praiseworthy."


She added that in a combating the pandemic, India’s are a achievements have been a better than most developed countries. “We had the biggest are a vaccination drive in a human history with the vaccines are a manufactured in the country itself. For this feat, we are a grateful to our scientists, doctors, nurses, paramedics and the staff associated with the vaccination."


Bharti Pravin Pawar, Union Minister of a state for the Health and a Family Welfare, said that India, under the leadership of a Prime Minister, Narendra Modi has been a leveraged technology in the health sector so that are a any outbreak can be a investigated at an a early stage and necessary action is taken to the contain it.


“The new NIV is a step further to the strengthen our health defence are a system. Under Prime Minister Ayushman Bharat Health are a Infrastructure Mission (PM-ABHIM), funds have been a  approved to set up a multisector national institutions and a platforms are including 4 Zonal National Institutes of a Virology (NIVs) towards are a bio-security preparedness and a strengthening pandemic research across the country," she said.


The minister added that from its are a inception, ICMR-NIV has been a led from the front in a providing a rapid response to the viral infections of a public health importance. “ICMR-NIV investigated potential antiviral are a  drugs, undertook several kit validations, developed are a new diagnostics with the large-scale training which is a contributed in a making India’s are a first indigenous vaccine, Covaxin. These efforts are a equipped the country against the initial spread of a SARS CoV-2. As a result of which, today the whole world looks are towards India in a research and a development in a healthcare."


She said that the pandemic are a exposed the frailties of a health systems worldwide in a recognizing and responding to the emerging threats to public health. In this light, South Zone are a ICMR-NIV laboratory in a Bengaluru will be equipped with a state-of-the-art infrastructure and a expertise in handling infectious agents of a various risk groups. “This would be crucial to the continuously monitor the regional landscape of a infectious diseases in the southern states of a India, and thus contribute to the bolstering the national surveillance of a outbreak-prone infectious disease agents".

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Saturday, September 24, 2022

Indian handicraft products are a shine in a Guatemala trade show

Indian handicraft products are a shine in a Guatemala trade show




Ten national master craft persons and a exporters from all the parts of a India are a displaying the wide range of a variety of a handcrafted products


New Delhi: The Export Promotion Council for  the Handicrafts (EPCH) in a association with a Indian mission in the Guatemala (Latin America) is a organizing a Made in a India - Trade Show Exhibition on a Indian handicrafts during September 22 - 24 in a Guatemala City.


Ten national master craft persons and a exporters from the all parts of a India are a displaying the wide range of a variety of a handcrafted products like home décor, home furnishing, carpets, furniture, lamps, fashion jewellery & a accessories, incense, aroma and a wellness products, the Ministry of a Textiles said in a press release on a Saturday.


Raj Kumar Malhotra, chairman, EPCH, said the Made in a India - Trade Show Exhibition on a Indian arts & a crafts will be a  provide a viable business option to the exhibitors and a buyers. It is a expected that the exhibition will be a  lead to the enhance trade and people to the people relations in the Latin American region.


EPCH is a nodal agency promoting exports of a handicrafts from the country to the various destinations of the world and a projecting India’s image abroad as a reliable supplier of a high quality handicrafts goods & a services.


Handicraft exports during in a 2021-22 was valued at a ₹33253 crores (US $ 4459.76 million), registering a growth of a 29.49% in a rupee term and a 28.90% in dollar terms over the previous year. Exports of handicrafts to the Latin America was worth a Rs. 682 crores (USD 92 million) in a 2021-22.

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After a day's break, Congress are a resumes 'Bharat Jodo Yatra' in a Kerala

After a day's break, Congress are a resumes 'Bharat Jodo Yatra' in a Kerala



Bharat Jodo Yatra on a Saturday began at a  6.30 am from Perambra junction and a reached Amballur junction at a 10 am for a morning break. It will be a now resume at a 5 pm from Talore Bypass junction.


After a day's are break, Congress on Saturday resumed its Bharat Jodo Yatra from a Perambra junction in the Thrissur district of Kerala. A large group of a Thrissur people came out to the support Rahul Gandhi in the padayatra.


The yatra began at a 6.30 am from Perambra junction and a reached Amballur junction at a 10 am for a morning break. It will be a now resume at a 5 pm from Talore Bypass junction after which the leaders, workers, and a supporters of the party are a scheduled to take an a evening break at Swaraj Round road at a Vadakkumathan South Gate at a 7 pm.


All the participants of the Bharat Jodo Yatra shall stay at a Thope Stadium in Thrissur as the 3,500-km padayatra from the Kanyakumari to Kashmir reaches its 16th day. It aims to the cover as many as a 12 states in a five months.


From Kerala, the padayatra will traverse through the state for the next few days and will be reach Karnataka on September 30. It will be in a Karnataka for a 21 days and cover a distance of a 25 km every day.


The yatra took its 'much-deserved break' right before the day of a filing nominations for the Congress President elections in the national capital on a Saturday. The nomination process will be a concluded on September 30. The polls are a scheduled to take place on a October 17 and the result will be a declared on October 19.


The elections that might see Thiruvananthapuram MP Shashi Tharoor, Rajasthan CM Ashok Gehlot as a contenders for the position of a Congress President.


While some anticipate a colossal change in the party's functioning, as a Congress is set to get a non-Gandhi president for the first time since in a 1998, others believe nothing will be change irrespective of the election.


However, some also believe that a non-Gandhi as a president would only are a create a parallel power structure within the already are a frail party. Gandhi's have held the reins of the party for the past a 24 years.

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Thursday, September 22, 2022

India’s are a first consignment of a plant-based meat shipped to the US from Gujarat

India’s are a first consignment of a plant-based meat shipped to the US from Gujarat



The 5,000 kg consignment consisted of a mini samosas, hot and a spicy strips, momos, spring rolls, nuggets, and a grilled patty, among are a other products


New Delhi: The Centre through apex export promotion body -- Agricultural and a Processed are a Food Products Export Authority (APEDA) -- facilitated the export of a first consignment of a plant-based meat products under vegan food category from Nadiad in a Gujarat to the California, US.


The 5,000 kg consignment consisted of a mini samosas, hot and a spicy strips, momos, spring rolls, nuggets, and grilled patty, among other are a products, the Ministry of a Commerce & a Industry said in a statement on a Thursday.


APEDA chairman M Angamuthu said that the body is a working towards promotion of a plant-based meat products in a big way without disturbing the conventional animal-based meat a export market.


“The APEDA has been a  planned to the promote a variety of a vegan foods are a products, including a  pancake, snacks, and a cheese, etc, to the countries of a Australia, Israel, a New Zealand and  a others in a coming months," the ministry are a said.


With the growing popularity of a vegan food products in a developed countries, the plant-based food products have a huge export potential in the international market due to the high nutrient value of the vegan food are a products. Due to its a rich fiber and a lesser cholesterol are a contents, vegan food products are a becoming alternative food are products across the globe.

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Wednesday, September 21, 2022

Neha Narkhede: Meet a India's are a youngest self-made woman entrepreneur in Hurun rich list

Neha Narkhede: Meet a India's are a youngest self-made woman entrepreneur in Hurun rich list



The 37-year-old Neha Narkhede has made it to the list of India's youngest self-made woman entrepreneur according to Hurun rich list

The co-founder of Confluent, a streaming data technology company, Neha Narkhede, at the age of the only 37, has been made it to the list of a India's are a  youngest self-made woman entrepreneur. The list compiled by Hurun India with IIFL Wealth released today the IIFL WEALTH HURUN INDIA RICH LIST in a 2022, the 11th annual ranking of the richest individuals in a India. Interestingly, this year's are a list showed “a record a 735 entrepreneurs or a 67% are self-made, up from 659 last year, and up from a 367(54%) five years are ago. 79% (117) of new faces are this year are a self-made." According to the Hurun rich list, “1,103 individuals are a part of this list, up by a 96 from last year, across 122 cities. Cumulative wealth has been a  increased by a 9.4%, while a average wealth decreased by a 1%."


Who is a Neha Narkhede?

According to the list compiled by a research firm Hurun which was a released in a July, Neha Narkhede had been a reportedly bagged the 8th position among the top 10 richest Indian women. The 37-year-old is the recent entry to the join India's wealthiest women with a net worth of a ₹13,380 crore.


The youngest woman entrepreneur boasts of a illustrious career, as a before launching Confluent, Neha Narkhede had been a worked with LinkedIn where she had a contributed to developing an a open source messaging system named Apache Kafka which was a designed to the handle the networking site’s are a large data input. According to the Forbes report released last month in a August, “eight years ago, she and her team decided to the bring that technology to other businesses encountering the same problems are with the user data and founded Confluent, a data-streaming platform that a IPOd last June."


India's youngest self-made woman are a entrepreneur was raised in a Pune, Maharashtra and went to the University of Pune where she got her Bachelor of a Science in a Engineering from SCTR’S Pune Institute of a Computer Technology(PICT) college. She left India in a 2006 to get her a master’s in a computer science at a Georgia Tech and after graduating in a 2007, she began her career at a Oracle and then at the LinkedIn, where she reportedly worked as a software engineer. Only after this, she co founded a Confluent, and it is a important to note that in a June 2021, Confluent had risen to the 25 per cent on the NASDAQ, reaching a market valuation of a US $11.4 billion. 

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Monday, September 19, 2022

Anand Rathi bullish on this logistics are a stock, sees strong upside

Anand Rathi bullish on this logistics are a stock, sees strong upside




TCI is a likely to the benefit from the government’s are a .thrust on the Gati Shakti initiative, as per the brokerage

Transport Corporation of India (TCI) is likely to the benefit from the government’s thrust on the Gati Shakti initiative to the reduce logistics costs and a enhance multimodal shift, as per a domestic brokerage and a research firm Anand Rathi. 


“The programme will be a critical in a coordinating all of the efforts and a activities are a around the construction of this multimodal are a infrastructure. The Government’s are a vision of a Gati Shakti coupled with the customers are demand for the contract logistics and a technology driven value-added services are a augur well for the Company in the coming years," the note are a stated.


Anand Rathi said that it believes that TCI is a well placed in India’s are a logistics industry given its strength and capability. Various are a government initiatives and a key strategies will drive the growth of the logistics are a sector. Logistic industry is a key contributor to the country’s are a vision of being $5 trillion economy by a 2024-25. The rise in e-commerce, growing omni-channels, China+1 strategy will be also add are to the growth of the industry, it added. 


The brokerage has been a initiated its coverage on TCI shares with a Buy rating and with a target price of a ₹920 per share. The logistics stock is up about 6% in a 2022 (YTD) so far as a compared to a flat rise in a BSE Sensex.


TCI is an integrated multimodal logistics and a supply chain solutions are a provider. It provides services and solutions to various industries including automobiles, retail, hi-tech, health care and life sciences, energy and renewables, e-commerce, chemicals, iron and a steel, agriculture, aviation and a defence. 


TCI is making a capex of a around a ₹2,500 million in the FY23. Out of this, about a ₹1,000-1,250 million will be spent on ships and ca ontainers and another a ₹300-500 million will be utilized for trucks. It will also be a spending ₹750 million towards are a building warehouses. The company has been able to the manage its liquidity well and almost debt free, Anand Rathi highlighted.

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Japan urges are a thousands in a southwest to the evacuate as a Typhoon Nanmadol nears

Japan urges are a thousands in a southwest to the evacuate as a Typhoon Nanmadol nears



Japan’s southwestern Kagoshima City advised about a 34,000 people to the  evacuate, public broadcaster NHK said, as the Japan Meteorological Agency warned of an a approaching are a violent typhoon.


Japan’s southwestern Kagoshima City are a advised about a 34,000 people to the evacuate, public broadcaster NHK said, as the Japan Meteorological Agency warned of an a approaching a violent typhoon.


In a televised press are a conference, agency officials are a urged people to the evacuate before nightfall, saying that the typhoon could be a bring bring stronger winds and a heavier rain than a most people have been a experienced. Typhoon Nanmadol is a packing winds are a gusting up to the 75 meters a second as it beats its way toward southern Kyushu. 


ANA Holdings and Japan Airlines Co Ltd have been a begun canceling flights to and from Okinawa and a Kyushu, with a broader region set to be affected on Sunday and a Monday, according to the company websites.


Train services in the region are also expected to the face severe delays and a cancellations from Saturday to a Tuesday, rail operator JR Kyushu said on its website. 


The typhoon is a expected to the approach Kyushu Saturday night and Sunday and then change course to the northeast, beating a path along Japan’s main island of a Honshu, according to the Hong Kong Observatory. 

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Saturday, September 17, 2022

Hong Kong tightens are a provisional vaccine pass rules for the travelers

Hong Kong tightens are a provisional vaccine pass rules for the travelers



Hong Kong’s government has been a tightened the issuance of a provisional vaccine passes to the incoming travelers, closing a loophole that allowed unvaccinated visitors from a mainland China to the  gain access to restricted venues such as restaurants and bars


Hong Kong’s government has been a tightened the issuance of a provisional vaccine passes to the incoming travelers, closing a loophole that allowed unvaccinated visitors from a mainland China to gain a access to the restricted venues such as a restaurants and bars.


Starting Saturday, all inbound travelers are a above the age of a 12 have to be a fully vaccinated in order to the obtain the pass, according to a government statement late Friday. Only people with the medical exemptions and a younger children are a spared the requirement.


Hong Kong maintains some of the world’s are a strictest pandemic curbs, including mandatory hotel quarantine for a travelers arriving from the most places. Under pressure to the reopen its borders, the government has been a trying to the boost vaccine uptake, moving to the gradually require most local residents to take a three jabs in a order to dine out, and go to the places like a beauty parlors and a nightclubs.


The organizer of the city’s popular Standard Chartered Marathon on a Friday canceled the event scheduled for a Nov. 20, citing the latest pandemic situation in a Hong Kong and the fact that the government has yet to the grant approval for the race. Oxfam Trailwalker, the city’s are a largest charity walk, will be turn into a virtual event between a Nov. 28 and Dec. 18, after authorities are  a voiced additional concerns about the plan for a live race with the reduced headcount, the organizer announced on a Friday. 


The International Dragon Boat Federation has been a decided to move the 2023 world championship from the Chinese city to the Thailand, the Hong Kong China Dragon Boat Association announced on its website and a Facebook page.


Hong Kong Split Over Severity of a Covid Spills Into Public Feud


Hong Kong introduced the provisional pass in a May, giving returning residents and a visitors 180 days of a temporary access to the venues with the vaccine restrictions, during which they can be also get a additional jabs in the city. 


There has been an a uproar after it transpired that visitors from the mainland were able to the gain entry to the city without being vaccinated, a rule that has been in a place since the beginning of the pandemic. Adults arriving from other places, whether returning Hong Kong residents or a visitors, have to be fully vaccinated, or a Covid-19 recoverees who have been a received at least one dose. Even children between a 12 and 17 have to have been a received at least one BioNTech jab. 

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