THE Pimpri Chinchwad Municipal Corporation (PCMC) achieved a significant milestone by securing the prestigious AA+ stable credit rating from CRISIL for its proposed Rs 200 crore green municipal bonds. ”This achievement complements PCMC’s existing reaffirmed AA+ stable credit rating for its Rs 200 crore municipal bond programme. The new AA+ stable credit rating issued on July 4 for its green bond initiative underscores PCMC’s robust financial health and strategic governance,” said officials from the civic administration. The funds raised through these green municipal bonds will be dedicated to initiatives promoting…
Month: July 2024
BJP leaders hold high-level executive meeting in Manipur, adopt resolution to expedite peace initiative, discuss flood relief | India News
A high-level executive meeting chaired by Union Minister of State for Law and Justice, Arjun Ram Meghwal, adopted several resolutions, including expediting the initiative to restore peace in the state, on Wednesday. The meeting, convened at the state BJP office in Imphal, was attended by Manipur Chief Minister N Biren Singh, BJP Northeast Region in-charge Sambit Patra, state cabinet ministers, and MLAs. Addressing the media, the Chief Minister revealed that speeding up the peace initiative to restore normalcy was one of the resolutions adopted at Wednesday’s meeting. “We are all…
Both houses of Maharashtra legislature adjourned amid din after oppn boycotts all-party meet on Maratha quota | Mumbai News
Both houses of Maharashtra legislature witnessed uproar on Wednesday over the opposition boycotting the all-party meeting convened earlier by the chief minister on the Maratha reservation issue, leading to adjournment of the legislative assembly and council for the day. The all-party meeting convened on Tuesday evening was boycotted by Maha Vikas Aghadi members accusing the government of not taking them into confidence. In the Lower House, presiding officer Sanjay Shirsat hurriedly conducted the day’s business, including passing supplementary and budgetary demands, an appropriation bill, and a tax-related amendment bill, before…
Foreign Airlines Refuse to Submit Data Requested by GST Officers in Investigation
Various foreign airlines, along with Lufthansa, Emirates and British Airways, have refused to furnish the information asked via the Indian Goods and Services Tax (GST) authorities related to ongoing investigations, as per the sources. The director general (DGGI) of GST had asked for information related to a probe into the valuation of services given via the foreign airline to their Indian arms. However, the airlines have learned to have told the council that they do not uphold such granular data. As per the GST council, late last year sent notices…
Lord Balabhadra idol falls on servitors in Puri, 7 hurt | India News
At least seven servitors were injured after idol of Lord Balabhadra fell on the Charamala (steps to the chariot) while being taken off his Taladhwaja chariot during the Pahandi ritual (ceremonial procession) to the Gundicha Temple. The injured servitors were rushed to the Puri district headquarters hospital. Their condition is stated to be stable.Pahandi of the sibling deities which started with Lord Balabhadra was delayed for a few minutes because of the incident. It later resumed after situation was brought under control. CM Mohan Charan Majhi expressed concern over the…
Adoption agencies: Supreme Court warns non-compliant states of contempt | India News
The Supreme Court on Tuesday directed the chief secretaries of states and Union Territories (UTs), which are yet to set up Specialised Adoption Agencies (SAAs) in every district, to do so by August 30, failing which contempt of court proceedings will be considered against them. A three-judge bench presided by CJI D Y Chandrachud, which perused an affidavit filed by the Union Ministry of Women and Child Development, noted that only 370 out of 760 districts in the country have functional SAAs. The court said in its November 20, 2023…
For AI readiness, Gujarat govt, Intel Corporation sign partnership deal | Ahmedabad News
The Gujarat government on Tuesday signed a partnership agreement with US-based technology company Intel Corporation for Artificial Intelligence (AI) readiness, in the presence of Chief Minister Bhupendra Patel. Under this initiative, the Department of Science & Technology (DST) and Intel Corporation aim to make Gujarat a hub for innovation and investment in the digital economy, the state government said in a statement. It aims to empower students, professionals, citizens and digital leaders by equipping them with the skills, mindsets and toolsets needed to thrive in an AI-driven world. “With this…
Opp says Megha Engg’s fine waived over electoral bonds | Mumbai News
Opposition Nationalist Congress Party (SP) on Tuesday alleged that the Maharashtra government waived fine of Rs 105 crore slapped on Megha Enginnering and Infra Corp Pvt Ltd, the company which has paid Rs 584 crore in electoral bonds to Bharatiya Janata Party (BJP). During a discussion on budget allocation, NCP (SP) MLA Jayant Patil said, “The company has been given a work of Satara-Pandharpur road for Rs 932 crore. The company was given permission for mining of 5,000 brass minerals in Khatav tehsil of Satara. However, it mined 2.45 lakh…
Not-so-digital India: Why are post offices across Pune refusing digital payment and only accepting cash? | Pune News
The General Post Office (GPO), located in Camp behind the city’s iconic Zero stone that dates back to the British era, is one of Pune’s most known landmarks. And though it has moved with the times with India Post having added an array of services beyond stamps and Speed Post, such as Aadhaar card updates, small savings schemes, life insurance schemes and many more, time seems to stand still in the colonial building when it comes to paying for any of these services these days. For, incredibly enough, since the…
How Gautam Gambhir’s success at KKR helped him land the India coach job | Cricket News
Team India, set to enter a transition phase in the next three years, will do so under their youngest-ever Indian coach — 42-year-old Gautam Gambhir. More than a month after guiding Kolkata Knight Riders to an IPL title, the Board of Control for Cricket in India (BCCI) appointed the former India opener as their new head coach on Tuesday. Gambhir’s three-and-a-half year tenure will begin with the limited-overs tour to Sri Lanka, which begins on July 27. Gambhir’s appointment has largely come along expected lines after it became clear that…