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Govt launches Rs 500 crore scheme to strengthen medical devices industry

Govt launches Rs 500 crore scheme to strengthen medical devices industry

Union Chemicals and Fertilisers Minister JP Nadda on Friday launched a Rs 500 crore scheme to strengthen India’s medical devices industry, focusing on critical areas such as manufacturing key components and accessories, skill development, support for clinical studies, development of common infrastructure, and industry promotion.

This initial outlay of Rs 500 crore will be for three years, up to financial year 2026-27 (FY27), according to a government communication.

Aaditya Thackeray accuses BJP of looting Maharashtra, ignoring state issues

Aaditya Thackeray accuses BJP of looting Maharashtra, ignoring state issues

Shiv Sena (UBT) leader Aaditya Thackeray on Friday criticised the Bharatiya Janata Party (BJP) for its actions in Maharashtra, claiming that the party has "looted" the state instead of addressing its issues.

While speaking to ANI on Friday, Thackeray stated that Prime Minister Narendra Modi should answer why the BJP looted Maharashtra instead of entangling them in the pages of history. Thackeray further questioned the BJP for not providing employment to the youth of the state.

Trump's priorities include border, ending wars: Indian-American lawyer

Trump's priorities include border, ending wars: Indian-American lawyer

The priorities of President-elect Donald Trump are border, terrorists, bringing home hostages, and ending the forever wars, said Kash Patel, an Indian-American lawyer in an interview.

"He is the only president in modern history not to start a new one. If the initial indications after the election are any indication of how it's going to be, it's going to be a very peaceful process.

Shah Rukh Khan receives death threat; police track suspect to Chhattisgarh

Shah Rukh Khan receives death threat; police track suspect to Chhattisgarh

Bollywood actor Shah Rukh Khan has been targeted with a ransom threat, reportedly made directly to the Bandra police station in Mumbai from Raipur, Chhattisgarh. A young man identified as Faizan allegedly demanded Rs 50 lakh, prompting the police to register a case and dispatch a team to Raipur for further investigation. Authorities traced Faizan’s location through an active phone number, reported NDTV.

This incident is not the first time the actor, fondly referred to as 'King Khan' by fans, has faced threats.

SC rules in favour of DRI authority; clears recovery of Rs 20,000 cr tax

SC rules in favour of DRI authority; clears recovery of Rs 20,000 cr tax

The Supreme Court on Thursday (November 7) ruled that officers from the Directorate of Revenue Intelligence (DRI) have the authority to issue show-cause notices and collect duties under the Customs Act, 1962.

This ruling confirms that DRI officers qualify as “proper officers” under Section 28 of the Customs Act, enabling them to perform these functions. This decision is expected to allow the government to proceed with a significant number of pending tax recovery cases, collectively valued at over Rs 20,000 crore, which had previously been on hold due to legal disputes.

Maharashtra polls: Paid leave for employees in Mumbai to increase turnout

Maharashtra polls: Paid leave for employees in Mumbai to increase turnout

The Mumbai district election officer has said all establishments, businesses and other workplaces within the Brihanmumbai limits are mandated to grant leave to their employees for voting in the Maharashtra assembly polls on November 20.

Violations to this directive by employers will result in action under the Election Commission's guidelines, district election officer and Brihanmumbai Municipal Commissioner Bhushan Gagrani said in a release issued on Wednesday.

Indian rupee drops to all-time low of 84.28 on bullish dollar outlook

Indian rupee drops to all-time low of 84.28 on bullish dollar outlook

The Indian rupee declined to a lifetime low on Thursday in the wake of expectations that Donald Trump's victory is likely to boost the dollar in the coming months.

The rupee dipped to 84.2950, inching past the previous all-time low of 84.28 hit on Wednesday.

'Modi govt is committed to building terror-free India': Union Minister Amit Shah

'Modi govt is committed to building terror-free India': Union Minister Amit Shah

Ahead of the two-day Anti-Terror Conference which is to be held on Thursday, Union Home Minister Amit Shah said that Prime Minister Narendra Modi's government is committed to building a terror-free India with its zero policy tolerance on terror.

Taking to social media X, Shah wrote in a post "The Modi govt is committed to building a terror-free India with its policy of zero tolerance. The two-day Anti-Terror Conference, beginning tomorrow, will further enhance coordination among agencies to strengthen Bharat's security bastion. Looking forward to addressing the conference tomorrow."

RBI makes changes to KYC norms to align it with money laundering rules

RBI makes changes to KYC norms to align it with money laundering rules

The Reserve Bank on Wednesday made changes to the Know Your Customer (KYC) norms to align them with recent amendments carried out in the Prevention of Money Laundering (Maintenance of Records) Rules and revised certain existing instructions.

According to the Amendment to the Master Direction - Know Your Customer (KYC) Direction, 2016, regulated entities (REs) will have to apply the customer due diligence (CDD) procedure at the unique customer identification code (UCIC) level.

Donald Trump set to break 132-year record with non-consecutive term win

Donald Trump set to break 132-year record with non-consecutive term win

Republican candidate Donald Trump stands on the verge of a rare achievement in American history: securing a non-consecutive second term as President of the United States, a feat last accomplished 132 years ago. If he clinches victory, Trump will join only one other president, Grover Cleveland, who served two non-consecutive terms in the White House, governing from 1885-1889 and 1893-1897, according to CNBC TV.

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