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FSSAI moves to make food packaging safer

FSSAI moves to make food packaging safer

NEW DELHI: Loose packaging such as coloured and black carry bags, disposable containers with aluminium coating and sweet boxes have emerged as major contaminants of packaged food, prompting the food regulator to come up with new regulation on food packaging.

Around 80% of food samples packed in coloured carry bags, 59% in black carry bags and over 24% in aluminium coated disposable containers and 21% in sweet boxes were found chemically contaminated

Mukesh Ambani’s Reliance Jio boosts internet connectivity; India crosses 50-crore mark in 2018

Mukesh Ambani’s Reliance Jio boosts internet connectivity; India crosses 50-crore mark in 2018

In a boost to Modi government, the number of internet connections in India has surged by 65 per cent in 2018 to cross ambitious 50 crore-mark set up three years back as billionaire Mukesh Ambani’s Reliance Jio continued to take lead in boosting internet connectivity across the country through its low cost data. At the end of September 2018, there were 56 crore narrowband and broadband connections in India, according to TRAI data.

Sensex vaults 269 points to reclaim 36K-mark; Nifty ends above 10,800

Sensex vaults 269 points to reclaim 36K-mark; Nifty ends above 10,800

Benchmark indices surged for the third straight session on Friday on across-the-board buying by foreign funds amid a rebound in the rupee and upbeat global cues.

The BSE Sensex rallied 269.44 points or 0.75 per cent to finish at 36,076.72, while the broader NSE Nifty spurted 80.10 points, or 0.74 per cent, to 10,859.90.

Nirav Modi located in UK, British authorities inform India: Govt

Nirav Modi located in UK, British authorities inform India: Govt

New Delhi: British authorities have informed India that bank fraud fugitive Nirav Modi is living in the UK, the government has said.

Replying to a question, Minister of State for External Affairs VK Singh told Rajya Sabha that National Central Bureau of Manchester conveyed to Indian agencies that their investigations have led to the location of Nirav Modi in the UK.

Capital goods: Pace of land acquisition is strong for NHAI

Capital goods: Pace of land acquisition is strong for NHAI

Our meetings with NHAI helped obviate any funding concerns towards their near-term commitments and on their ability to scale up pace of land acquisition. Key negatives include capacity constraints (consultants, concessionaires) to materially grow pace of ordering and weak response to its second ToT package.

There was limited clarity provided on ineligibility of bidding by construction companies that delay the execution of ongoing projects.

M&M Financial Services gets nod to raise Rs10,000 crore

M&M Financial Services gets nod to raise Rs10,000 crore

New Delhi: Mahindra & Mahindra Financial Services on Friday said that it has received approval from Registrar of Companies to raise up to Rs10,000 crore through non-convertible debentures.

The company informed stock exchanges that it will issue “secured redeemable non-convertible debentures and/or unsecured subordinated redeemable non-convertible debentures of face value of Rs1,000 each for an amount up to Rupees 10 thousand crores”.

Earthquake of 6.9 strikes off Philippines, tsunami waves possible: centre

Earthquake of 6.9 strikes off Philippines, tsunami waves possible: centre

An earthquake of 6.9 magnitude struck off the southern Philippine island of Mindanao on Saturday and hazardous tsunami waves were possible on parts of the coasts of the Philippines and Indonesia, the Pacific Tsunami Warning Center said.

There were no immediate reports of casualties or damage, from the earthquake, which the U.S. Geological Survey (USGS) said struck 193 km (120 miles) east of the Philippine city of General Santos, at a depth of 60 km (37 miles).

Hyundai Motor reveals world’s first smart fingerprint technology to vehicles – All you need to know

Hyundai Motor reveals world’s first smart fingerprint technology to vehicles – All you need to know

This week, Hyundai Motor Company announced the world’s first smart fingerprint technology that allows drivers to not only unlock doors, but also start the vehicle. Hyundai plans to implement the technology initially in the Santa Fe SUV model that is to be released in select global markets in the first quarter of 2019.

RBI to ensure sustained growth of NBFC sector

RBI to ensure sustained growth of NBFC sector

Following the crisis the non-banking financial companies (NBFCs) faced on account of the IL&FS credit default, the Reserve Bank of India on Friday said it would ensure sustained growth in the sector and abate liquidity fears.

The NBFC sector, with a size of around 15% of scheduled commercial banks balance sheet, has been growing robustly in recent years, providing an alternative source of funds to the commercial and retail sector in the face of slowing bank credit.

SBI account holder duped of Rs 6.8 lakh via UPI app: What happened and how can you avoid such frauds

SBI account holder duped of Rs 6.8 lakh via UPI app: What happened and how can you avoid such frauds

An account holder of the State Bank of India (SBI) has been duped of Rs 6.8 lakh. According to a Times of India report, the resident of Uttar Pradesh's Noida lost more than Rs 6 lakh after the money was transacted seven times from his bank account during the last two months.

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