- Relief for FPIs as Centre unveils booster dose for economy (Roundup)(23:16)
New Delhi, Aug 23 (IANS) With the economy in slowdown mode and expected to falter further, the Modi government on Friday came out with slew of measures including the reversal of the income tax surcharge on FPIs, an upfront recap of PSBs and relief for the struggling auto sector.
- Pak has no claim on river waters, says Minister(22:12)
New Delhi, Aug 23 (IANS) Union Jal Shakti Minister Gajendra Singh Shekhawat said on Friday that "Pakistan is needlessly crying hoarse over India's decision to utilize our own share of water. It is India's right; the Indus Water Treaty allows us to do so," he told IANS.
- In New India, corruption, loot reined in: Modi (Roundup)(21:06)
Paris, Aug 23 (IANS) Prime Minister Narendra Modi said that in "new India, corruption, nepotism, dynasty, loot of people's money, and terrorism have been reined in like never before", in an indirect reference to the arrest of senior Congress leader and former Finance Minister P. Chidambaram for alleged corruption.
- India Inc hails FM steps to boost economy(23:22)
New Delhi, Aug 23 (IANS) India Inc on Friday welcomed the Central government's move to give a major economic boost to diverse sectors such as NBFCs, auto, housing, MSMEs, equity markets and banking via a slew of measures on tax surcharge, GST refunds, easier loans and demand generation.
- Solution for stalled home projects next week: FM(21:40)
New Delhi, Aug 23 (IANS) Holding out hope for distressed home buyers across the country, Finance Minister Nirmala Sitharaman Friday said that the government is working on a solution to get the stalled housing projects completed.
- Rahul to lead opposition delegation to Kashmir(22:26)
New Delhi, Aug 23 (IANS) A delegation of nine opposition parties led by former Congress chief Rahul Gandhi will visit Jammu and Kashmir on Saturday to meet the people and party leaders in the region where restrictions have been imposed since the abrogation of Article 370.
- UAE will partner India in $5tn economy target: Minister(22:18)
Abu Dhabi, Aug 23 (IANS) India's partnership with the UAE is set to play a key role in its march towards its ambitious goal of becoming a $5 trillion economy, Sultan bin Saeed Al Mansoori, UAE's Minister of Economy has said, welcoming Prime Minister Narendra Modi's visit to his country.
- Realty support: Housing finance firms to get Rs 20k cr more(20:56)
New Delhi, Aug 23 (IANS) In a major relief for housing finance companies and the real estate sector, Finance Minister Nirmala Sitharaman on Friday said that National Housing Bank (NHB) would provide additional Rs 20,000 crore to HFCs, taking up the total liquidity support to Rs 30,000 crore.
- Govt to recap banks with Rs 70k cr to boost lending (Lead)(20:50)
New Delhi, Aug 23 (IANS) Faced with an acute credit crunch following the NBFC crisis, the government has decided to provide Rs 70,000 crore to the banks up front to enable them lend Rs 5 lakh crore, benefitting corporates, retail borrowers, and small traders among others.
- NRAI hits back at Zomato CEO with #ZoGoisNoGo campaign (2nd Lead)(20:44)
New Delhi, Aug 23 (IANS) A day after Zomato CEO Deepinder Goyal taunted Rahul Singh, President of the National Restaurant Association of India (NRAI), on Twitter and logged out of the restaurants' #logout campaign against the deep discounting practices of online food aggregators, Singh on Friday hit back at Goyal by starting a new campaign #ZoGoisNoGo.
- Sindhu, Praneeth assure medals in World Championships (Lead)(20:20)
Basel (Switzerland), Aug 23 (IANS) Shuttler Sai Praneeth on Friday ended India's 36-year wait for a medal in the men's section of the BWF World Championships by sealing his place in the semifinals of the prestigious event, thereby assuring himself a bronze medal.
- Government gives major boost to auto sector(20:12)
New Delhi, Aug 23 (IANS) The Central government on Friday gave a major boost to the automobile industry by announcing a slew of measures to reverse slowdown denting the sector.
- Will appeal against WADA suspending NDTL: Rijiju(19:50)
New Delhi, Aug 23 (IANS) Union Sports Minister Kiren Rijiju has made his disappointment known after the World Anti-Doping Agency (WADA) suspended the National Dope Testing Laboratory (NDTL) for six months starting August 20.
- NRAI hits back at Zomato CEO with #ZoGoisNoGo campaign (Lead)(19:24)
New Delhi, Aug 23 (IANS) A day after Zomato CEO Deepinder Goyal taunted Rahul Singh, President of the National Restaurant Association of India, on Twitter and logged out of the restaurants' #logout campaign against the "unethical" deep discounting practices of online food aggregators, Singh on Friday hit back at Goyal by starting a new campaign #ZoGoisNoGo.
- India can lead in standardising ethical use of AI: Microsoft(19:16)
New Delhi, Aug 23 (IANS) With the government focusing on the use of Artificial Intelligence (AI) and Machine Learning (ML) as people are increasingly adopting digital technologies, India can lead in setting standards for ethical use of AI, a top Microsoft executive said on Friday.
- Delhi HC order copied from ED note, say Chidambaram counsel(18:58)
New Delhi, Aug 23 (IANS) Senior Congress leader P. Chidambaram's lawyer on Friday alleged that the Delhi High Court order, denying him anticipatory bail in the INX Media case, was a "cut-copy-paste job" from an Enforcement Directorate note submitted by the Solicitor General, who represents both the ED and the CBI.