Morning Digest | Indian Navy steps up surveillance in Arabian Sea, Gulf of Aden; Transport unions threaten to intensify protests, and more
The Hindu
The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on January 4, 2024
Transport unions threaten to intensify protests
The All India Road Transport Workers’ Federation, a platform of various trade unions of drivers and transport workers, has warned that it will intensify the protests if the Centre does not withdraw Sections 104(1) and (2) of the Bharatiya Nyaya Sanhita (BNS) immediately. The Centre of Indian Trade Unions (CITU), in a statement on January 3, supported the agitations of truck drivers and workers against the BNS provisions on the punishment to drivers involved in accidents.
Railways tightens RTI norms days after revealing the cost of PM selfie points
The Indian Railways has tightened norms for Zonal Railways furnishing information under the Right to Information (RTI) Act after a controversy over cost of selfie points installed at railway stations. Under the new rules, all replies must be cleared by General Managers of Zonal Railways or Divisional Railway Managers.
Higher PF pension | Employers get five more months to process applications
The Employees’ Provident Fund Organisation (EPFO) on Wednesday extended the time for employers for uploading and submitting the joint options of employees to claim higher pension with their wage details online till May 31. This is the fifth extension for the process, which was initiated to implement the Supreme Court verdict on the matter delivered on November 4, 2022. The decision was taken by Labour Minister Bhupender Yadav, the Union Labour Ministry said in a release.
Supreme Court verdict on Adani probe ‘extraordinarily generous’ to SEBI: Congress
Rupee trading in narrow range as U.S. dollar strengthens, Brent oil rises amid Ukraine-Russia conflict, FIIs sell equities.
Billionaire Gautam Adani indicted in U.S. for fraud and bribery, facing charges of defrauding American investors.
Air India has signed an agreement with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a built-to-suit facility for the AME program that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.
Zepto raises $350 million in largest domestic fundraise in India, backed by leading financial institutions and notable individuals.
Adani Enterprises Ltd stock dips on NSE and BSE after Kenyan project cancellations and U.S. court allegations.
HSBC Flash India PMI shows uptick in private sector activity, with rising cost pressures and increased prices for customers.
Rupee rises slightly against US dollar amid geopolitical pressures, foreign outflows, and domestic equities; Brent oil surges.
Sensex and Nifty rebound in early trade driven by value buying, bank stock rally, and positive global cues.
The pandemic-induced downturn marked a turning point for cab drivers in Bengaluru. According to Tanveer Pasha, president, Ola and Uber Drivers’ Association, the number of active cabs in the city has dropped from over 1 lakh before the pandemic to just around 30,000 today.
Amazon will likely face an EU investigation next year into whether it favours its own brand products, said sources.
White House addresses bribery charges against Indian billionaire Adani, expresses confidence in U.S.-India relationship.