Business

Demand for gig jobs increased by 25% in September, reports Economic Times.

Demand for gig economy jobs in India rose by approximately 25% in September, according to a report from The Economic Times. This increase indicates a growing reliance on short-term, freelance, or contract-based work arrangements. The surge is attributed to economic factors driving both businesses to hire flexibly and workers to seek alternative income sources. The data reflects a broader shift in the country's employment landscape towards more flexible work models.

Elon Musk's Starlink Reapplies for Satellite Internet License in India

Elon Musk's SpaceX has resubmitted its application to operate the Starlink satellite internet service in India. The company initially filed in 2021 but withdrew to address regulatory requirements. The renewed bid follows recent government guidelines permitting satellite internet services. Musk aims to provide high-speed connectivity across India, including remote areas.

Delhi Police denies permission for planned CJP protest.

Delhi Police has refused to grant permission for a protest organized by Citizens for Justice and Peace. The planned demonstration was intended to address concerns over social justice issues. Authorities cited potential law and order disruptions as the primary reason for the denial. The refusal aligns with standard procedures for regulating public gatherings in the capital.

RBI guidelines enable third-party UPI apps like Apple Pay

The Reserve Bank of India has issued new guidelines for third-party UPI applications. These rules create a framework for non-bank entities like Apple to offer UPI payment services. This development could pave the way for the launch of Apple Pay in India. The move aims to foster greater competition and innovation in the digital payments ecosystem.

NFL Hall of Famer and coach Mike Ditka dies at age 86

Mike Ditka, an NFL Hall of Fame player and former coach, has died at the age of 86. He achieved fame as a tight end for the Chicago Bears in the 1960s and was later inducted into the Pro Football Hall of Fame. Ditka later returned to coach the Bears, leading them to a Super Bowl victory in 1986. He remained a prominent and iconic figure in Chicago sports until his death.

New credit rating agency launches to challenge dominant firms Fitch, Moody's, S&P

A new credit rating agency has launched to compete with the three major firms: Fitch, Moody's, and S&P Global. The new entity, called 'The Big Three', aims to provide alternative assessments for investors. This move follows increased regulatory scrutiny and market demand for more competition in the ratings sector. The agency's launch represents a direct challenge to the long-standing dominance of the established players.

Rahul Gandhi alleges electoral fraud, says President asked for evidence

Congress leader Rahul Gandhi claimed that President Droupadi Murmu asked for proof of stolen elections. He made these remarks at a press conference in New Delhi. Gandhi alleged the ruling party had committed electoral fraud in the recent polls. He did not provide specific details about the evidence requested or submitted.

Delhi Traffic Police Issues Advisory Ahead of Planned CJP Protest

The Delhi Traffic Police issued a traffic advisory on Friday. The advisory warns of potential disruptions due to a planned protest by CJP. The protest is scheduled to take place in the national capital. The police urged commuters to plan their routes accordingly and avoid the affected areas.

Sharon Osbourne lists historic Los Angeles home for sale

Sharon Osbourne has put her historic Los Angeles residence up for sale. The property, known as the 'Osbourne House', is a notable landmark in the city. No specific asking price has been publicly disclosed in the initial reports. The sale marks the end of the family's long-term ownership of the iconic home.

Chicago Marathon expects one million spectators this weekend

The Chicago Marathon is set to take place this weekend. Organizers anticipate approximately one million spectators will attend the event. The marathon is a major annual sporting event held in Chicago. The large turnout is expected due to the event's popularity and the return of typical post-pandemic participation levels.

Amit Shah asserts BJP electoral success despite Rahul Gandhi's accusations

Union Home Minister Amit Shah claimed the BJP continues to win elections regardless of allegations made by Rahul Gandhi. He stated this while addressing a rally in Jaipur, Rajasthan, on Thursday. Shah accused the Congress leader of spreading falsehoods about the ruling party. The Home Minister framed this as a reason for the BJP's enduring political support.

'India’s STEM talent can power deeptech startups'

Meesho, Groww CEOs Discuss Post-IPO Company Transformations

CEOs from Meesho and Groww, two prominent Indian startups, have shared insights on their companies' evolution following initial public offerings. The executives outlined strategic shifts and operational changes undertaken after becoming publicly listed entities. Their comments highlight the increased scrutiny and new responsibilities that accompany a stock market debut. The discussion provides a view into how high-profile Indian tech firms adapt to the demands of public markets.

INDIA bloc MPs march from Parliament protesting suspension

Members of Parliament from the opposition INDIA bloc staged a march from Parliament House. The protest occurred on Wednesday in New Delhi. This action was taken to demonstrate against the suspension of 141 opposition MPs from the ongoing Winter Session. The suspended lawmakers have been barred from participating in parliamentary proceedings.

Montana Braces for Heavy Snow and Strong Winds

The state of Montana is expecting significant winter weather. Forecasts predict up to three inches of snow alongside strong winds. This system is set to arrive imminently, according to a report in the Economic Times. The conditions are likely to create hazardous travel and potentially disrupt daily activities.

Several Mumbai-Delhi Trains Cancelled Due to Farmer Protests

Indian Railways has cancelled multiple trains between Mumbai and Delhi. The cancellations are a direct result of the ongoing 'Chalo Delhi' protest by farmers. This disruption is impacting travel along this crucial national corridor. The railway authorities took this step to ensure safety and manage the operational challenges posed by the agitation.

Rahul Gandhi warns of government collapse if Congress wins state polls

Congress MP Rahul Gandhi stated his party's state election victories would lead to the central government's fall. He made these remarks during a campaign event in Punjab's Barnala district. Gandhi claimed the current administration is afraid of opposition unity. He predicted a shift in power following the upcoming state assembly results.

RBI increases average cash reserve ratio for banks

The Reserve Bank of India has raised the average cash reserve ratio requirement for banks. This new rule mandates that banks must maintain a higher daily average of deposits with the central bank. The policy change was announced by RBI Governor Shaktikanta Das. The adjustment aims to better manage liquidity within the banking system.

Delhi suspends internet services for 24 hours amid CJP protest

The Delhi government has ordered a 24-hour suspension of internet services in parts of the national capital. This action was taken in response to planned protests by the Confederation of Jain Pilgrims (CJP). The suspension began at 10 PM on Tuesday. Authorities stated the measure was necessary to maintain public order and prevent the spread of misinformation.

Susan Dell's public appearance generates significant online discussion

Susan Dell, wife of billionaire Michael Dell, recently made a public appearance. Her look at the event garnered widespread attention on social media. The Economic Times reported that her appearance sparked an online frenzy. The specific reasons for the intense public reaction were not detailed in the report.