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India News Highlights: FM Sitharaman highlights formalization of economy and global collaboration
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  • India News Highlights: FM Sitharaman highlights formalization of economy and global collaboration

India News Highlights: FM Sitharaman highlights formalization of economy and global collaboration

FP Staff • September 5, 2023, 12:07:03 IST
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India News Updates: In her opening remarks at the Global Fintech Fest 2023, Finance Minister Sitharaman emphasised the significance of newly revealed Income Tax Return (ITR) data for August, which indicates a considerable development in India’s economy’s formalisation

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India News Highlights: FM Sitharaman highlights formalization of economy and global collaboration
September 5, 2023, 11:57:00 (IST)
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Jammu and Kashmir LIVE Updates

Kishtwar Police, security forces bust hideout of HM terrorist Jhangir Saroori

Officials claimed on Tuesday that the Kishtwar Police, in coordination with the Army 26 Rashtriya Rifles (RR) and the CRPF 52 Bn, effectively demolished a hideaway belonging to Hizbul Mujahideen (HM) terrorist Jhangir Saroori.

While revealing the details, SSP Kishtwar Khalil Poswal stated that, acting on credible intelligence, Kishtwar Police, along with Army 26 RR and CRPF 52 battalion, uncovered and neutralised the hideout located in the Paribag area of Bhadat Saroor, where Jhangir Saroori was suspected of hiding and planning subversive activities, according to a release.

September 5, 2023, 11:55:34 (IST)
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Madhya Pradesh LIVE Updates

BJP’s Vikas Rath Yatra flagged off in Madhya Pradesh

With barely a few months till the state’s Assembly elections, Madhya Pradesh Chief Minister Shivraj Singh Chouhan launched the ‘Vikas Rath Yatra’ from Bhopal on Tuesday.

Apart from the president Minister, Bharatiya Janata Party state unit president VD Sharma and state Medical Education Minister Vishvas Kailash Sarang were present at the flag-off event.

September 5, 2023, 11:42:07 (IST)
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G20 LIVE Updates

G20 chair India says talks underway for global framework on crypto rules

India’s finance minister said on Tuesday that discussions are ongoing on a worldwide framework to oversee crypto assets, adding that cryptocurrencies could not be controlled properly without the cooperation of all countries.

“India’s (G20) presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets,” Nirmala Sitharaman said at an event in the financial capital of Mumbai.

“Active discussions are happening.”

September 5, 2023, 11:40:29 (IST)
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Karnataka LIVE Updates

ED attaches properties worth Rs 105.5 crore in Bank fraud case

According to a press statement issued on Monday, the Directorate of Enforcement (ED) has temporarily attached properties worth Rs 105.5 crores belonging to Bharath Infra Exports and Imports Ltd and others in a bank fraud case.

Residential sites, commercial properties, and a farmhouse in Bengaluru valued Rs. 104.90 crores, as well as confiscated cash totaling Rs. 14.5 lakhs, are among the connected immovable and moveable goods.

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September 5, 2023, 11:34:02 (IST)
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G20 LIVE Updates

Removal of non-tariff barriers in G20 nations to boost India’s alcoholic beverages exports: CIABC

The removal of non-tariff obstacles in G20 countries, such as minimum maturation requirements for whisky, would assist increase alcoholic beverage exports from India, according to the Confederation of Indian Alcoholic Beverage Companies (CIABC), the apex organisation for spirits manufacturers.

According to CIABC Director-General Vinod Giri, the G20 nations not only account for 80% of worldwide alcoholic beverage imports, but they also allow for higher product pricing and stronger operating margins. However, India has a little slice of that pie, accounting for only 0.1% of its imports.

September 5, 2023, 11:06:23 (IST)
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Global Fintech Fest 2023 LIVE Updates

FM Sitharaman highlights formalization of economy and global collaboration

In her opening remarks at the Global Fintech Fest 2023, Finance Minister Niramala Sitharaman emphasised the significance of newly revealed Income Tax Return (ITR) data for August, which indicates a considerable development in India’s economy’s formalisation.

Tax filing has climbed significantly across all income ranges, with certain categories seeing a fourfold increase.

In today’s financial landscape, the finance minister emphasised the essential significance of increased global collaboration, calling it an imperative requirement. She emphasised technology as a powerful instrument for bringing about positive change and innovation in the financial industry.

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September 5, 2023, 11:00:11 (IST)
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Gujarat LIVE Updates

Two held in Surat for forging documents like Aadhaar, PAN cards using website

A police official stated that two people were detained in Gujarat’s Surat city for allegedly faking papers such as Aadhaar and PAN cards, as well as voter IDs, using a website, posing a severe danger to national security.

According to the source, the accused were accessing government databases illegally, which is a significant concern.

September 5, 2023, 10:47:29 (IST)
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Teachers’ Day LIVE Updates

I consider even my opponents as teachers, they teach me that my path is right: Rahul

On Teachers’ Day, Congress leader Rahul Gandhi stated on Tuesday that he considers his opponents to be his teachers since their actions, falsehoods, and words educate him that the road he is on is entirely correct.

Teachers’ Day commemorates the birth anniversary of former President S Radhakrishnan.

“I consider great men like Mahatma Gandhi, Gautam Buddha, Shri Narayana Guru as my gurus, who gave us the knowledge of equality of all people in the society, and of showing compassion and love towards everyone,” Gandhi said in a post in Hindi on Facebook.

September 5, 2023, 10:34:52 (IST)
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India Markets LIVE Updates

Markets climb in early trade on strong macroeconomic numbers

In early trade on Tuesday, equity benchmark indexes rose, extending their gain for the third day in a row, on the back of optimistic domestic macroeconomic data.

In early trade, the BSE Sensex rose 119.17 points to 65,747.31.

The Sensex rose 39.15 points to 19,567.95. Titan, Sun Pharma, Larsen & Toubro, ITC, Bajaj Finance, Power Grid, Nestle, and Tata Motors were the top gainers on the Sensex.

September 5, 2023, 10:22:49 (IST)
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Udhayanidhi Stalin Sanatan Row LIVE

Udhayanidhi Stalin receives death threats after statement against ‘Sanatana Dharma’

After receiving a death threat for his statement that “Sanatana Dharma should be eradicated,” security was stepped up outside of Tamil Nadu Minister Udhayanidhi Stalin’s Chennai home.

#WATCH | Security tightened outside the residence of Tamil Nadu Minister Udhayanidhi Stalin in Chennai after he was given a death threat regarding his 'Sanatana Dharma should be eradicated' remark. pic.twitter.com/r3HSLCBmab

— ANI (@ANI) September 5, 2023
September 5, 2023, 10:17:24 (IST)
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West Bengal Bypoll LIVE Updates

Over 17 pc cast votes in first two hours in Dhupguri assembly seat

An official reported that over 17% of people voted in the by-election to the Dhupguri assembly seat in West Bengal’s Jalpaiguri district in the first two hours of voting.

Polling began at 7 a.m. in the constituency’s 260 booths, amid tight security, and the poll percentage stayed at 17.25 until 9 a.m., he added.

“The polling has been peaceful so far. No untoward incident has been reported,” the Election Commission official said.

Tight security arrangements are in place across all the booths which are manned by central paramilitary forces where the casting of votes will continue till 6.30 p.m.

September 5, 2023, 10:13:02 (IST)
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Odisha LIVE Updates

Heavy rainfall warnings issued for several districts of Odisha

On Monday, the India Meteorological Department (IMD) Bhubaneswar predicted a low-pressure area likely to form over Odisha in the next 24 hours.

Director IMD Bhubaneswar H R Biswas said, “A low-pressure area is likely to form over Odisha in the next 24 hrs. Heavy rainfall, thunderstorms and lightning warnings have been issued for several districts.”

The IMD predicted heavy rainfall over parts of North Odisha for the next 48 hours till Monday.

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September 5, 2023, 10:01:06 (IST)
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Himachal Pradesh LIVE Updates

Government working on war footing to open roads in disaster-hit Himachal: CM Sukhu

On Monday, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu convened a meeting to assess the state’s crisis condition.

He stated that the state administration was working on a war footing to open roads in Himachal Pradesh even without the assistance of the central government. He stated that if necessary, he will consult with the Prime Minister and the Home Minister.

On the question of increasing debt burden in the state, Sukhwinder Singh said, “The previous government had left behind a debt of Rs 75 thousand crores debt on the state. After the disaster, there has been more economic burden on the state. Despite this, the government will bring the economy of Himachal Pradesh back on track in 4 years and in 10 years Himachal Pradesh will be brought to a better condition.”

September 5, 2023, 09:42:44 (IST)
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Jammu and Kashmir LIVE Updates

Terrorist killed in encounter with security forces in Reasi; operation underway

On Tuesday, a search operation was launched in Jammu and Kashmir’s Reasi after one terrorist was killed and one police officer was injured in an encounter with security forces on Monday.

“One terrorist killed so far, one Police personnel injured. Details awaited,” officials said on Monday.

ADGP Mukesh Singh said, “On the basis of police input regarding the presence of two terrorists. Encounter going on in Gali Sohab in Tuli area of Chassana sir.”

#WATCH | J&K: Search operation underway in Reasi, after an encounter broke out yesterday where a terrorist was killed and a police personnel was injured. pic.twitter.com/ZQTAKMmtsC

— ANI (@ANI) September 5, 2023
September 5, 2023, 09:39:46 (IST)
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Teacher’s Day LIVE Updates

Teachers make important contribution in building strong nation: Amit Shah

Union Home Minister Amit Shah wished all teachers a happy ‘Teacher’s Day’ on Tuesday, saying that teachers not only transfer information but also play an essential role in developing a healthy community and a strong nation.

On the occasion, Shah also commemorated former President, exceptional teacher, and Bharat Ratna awardee Dr Sarvepalli Radhakrishnan, whose birthday is celebrated on this day.

शिक्षक बच्चों में सिर्फ ज्ञान व नैतिक आदर्शों को ही संचारित नहीं करते हैं, बल्कि उन्हें सामर्थ्यवान बनाकर एक सुदृढ़ समाज की संरचना व एक सशक्त राष्ट्र के निर्माण में महत्त्वपूर्ण योगदान देते हैं।

भारतरत्न डॉ. सर्वपल्ली राधाकृष्णन जी की जयंती पर उन्हें नमन करता हूँ और सभी शिक्षकों… pic.twitter.com/9MkaHiijET

— Amit Shah (@AmitShah) September 5, 2023
September 5, 2023, 09:37:07 (IST)
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Women’s Reservation Bill LIVE Updates

K Kavitha urges all political parties to unite and pass the Women’s Reservation Bill in upcoming Special Session of Parliament

MLC K Kavitha of the Bharat Rashtra Samithi (BRS) wrote a letter on Tuesday to the leaders of all 47 political parties, including West Bengal Chief Minister Mamata Banerjee, urging them to put aside political differences and prioritise the passage of the Women’s Reservation Bill in the upcoming special session of Parliament.

The Women’s Reservation Bill intends to reserve 33% of Lok Sabha and state legislative assembly seats for women. Despite being an important step towards gender equality and inclusive governance, the Bill has languished in the legislative limbo for far too long.

September 5, 2023, 09:14:35 (IST)
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G20 Summit LIVE Updates

US First Lady Jill Biden tests positive for Covid-19 ahead of President Biden’s India visit

The White House said on Monday that US First Lady Jill Biden tested positive for Covid-19 and is suffering from minor symptoms. Meanwhile, President Joe Biden was found to be virus-free.

The White House announced on Friday that Biden would fly to India on 7 September to attend the G20 Summit and will have a bilateral meeting with Prime Minister Narendra Modi on the margins of the historic summit on September 8.

US Vice President Joe Biden had stated that he is looking forward to his visit to India.

India, as the current G20 president, will host the powerful grouping’s annual summit in New Delhi on September 9 and 10.

September 5, 2023, 09:02:01 (IST)
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Madhya Pradesh LIVE Updates

Neemuch to soon receive Vande Bharat Express, says Ashwini Vaishnaw

Union Railway Minister Ashwini Vaishnaw said that Madhya Pradesh’s Neemuch would soon get a Vande Bharat Express.

Addressing the public at Neemuch on Monday, the Railway Minister said, “It is time for Vande Bharat to run on this route. Your Member of Parliament (MP) Sudhir Gupta has already requested for the same. Vande Bharat Express will run on your route soon.”

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September 5, 2023, 08:59:39 (IST)
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Karnataka LIVE Updates

Top Karnataka BJP leader meets Deputy CM DK Shivakumar, discusses ‘state political issues’

Speculations ran rife across political circles in Karnataka that Tejaswini Ananth Kumar, the wife of the late Union Minister and BJP leader Ananth Kumar, would jump ship to Congress after she met state Deputy Chief Minister DK Shivakumar on Monday.

Karnataka Congress president Shivakumar, following the closed-door meeting, posted a picture with Tejaswini, who is also Karnataka Bharatiya Janata Party vice president, on his X handle saying, “discussed state political issues.”

September 5, 2023, 08:49:31 (IST)
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Assam LIVE Updates

Assam CID arrests 2 more police officers for corruption and extortion

According to sources, Assam Police detained two additional policemen on Monday, including an Indian Police Service (IPS) officer and an Assam Police Service (APS) officer from the Bajali district, in connection with an extortion case.

The detained police officers have been named as Shiddhartha Buragohain, IPS, the then Superintendent of Police of Bajali district, and Pushkal Gogoi, APS, the then Deputy Superintendent of Police (HQ), according to Pranab Jyoti Goswami, CPRO of Assam police.

September 5, 2023, 08:39:53 (IST)
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Udhayanidhi Stalin Sanatan Row LIVE Updates

Congress seeking refuge behind veil of Freedom of Speech: Assam CM on ‘Sanatan Dharma’ row

In response to DMK leader Udhayanidhi Stalin’s contentious statements on Sanatan Dharma, Assam Chief Minister Himanta Biswa Sarma slammed Congress on Monday, claiming that instead of “taking action” against its alliance partner, the party is hiding under the guise of “Freedom of Speech.”

“Rather than taking action against their alliance partners for anti-Hindu statements, Congress is seeking refuge behind the veil of ‘Freedom of Speech’, Himanta Biswa Sarma posted on X.

The Assam CM accused the Congress of being “a key conspirator in the ‘Annihilation of Sanatan Dharma’ gang”.

September 5, 2023, 08:30:45 (IST)
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Assam LIVE Updates

Use of modern technology in agriculture is Assam Govt’s priority: Minister Atul Bora

Assam Agriculture Minister Atul Bora launched a demonstration of drone technology in agriculture at an event in the state’s Golaghat district.

The demonstration was organised in collaboration with Brihangam Farmer Producer Company (FPC) of Rajabari, Bokakhat at Mohurapathar Kamargaon area under Bokakhat assembly constituency by Krishi Vigyan Kendra (KVK) Golaghat, Assam Agricultural University (AAU), Jorhat, and the state Agriculture department.

September 5, 2023, 08:13:58 (IST)
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Teachers’ Day LIVE Updates

President Murmu to confer award to 75 teachers from schools, colleges, govt institutes today

President Droupadi Murmu will present the National Teachers’ Award to 75 teachers from across the country today on the occasion of National Teachers’ Day.

As per the Minister of Education, the award ceremony will take place in Vigyan Bhawan in New Delhi.

Each award carries a certificate of merit, a cash award of Rs 50,000 and a silver medal. The awardees would also get an opportunity to interact with the Prime Minister, said the statement. Department of School Education and Literacy of Ministry of Education has been organising a National level function on Teachers Day every year to confer the National Awards to the best teachers in the country, selected through a rigorous, transparent selection process.

September 5, 2023, 08:00:05 (IST)
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Uttarakhand LIVE Updates

Voting for Bageshwar assembly bypoll begins in Uttarakhand

The byelection for the Bageshwar assembly seat in Uttarakhand began at 7 a.m. on Tuesday.

The death of sitting BJP MLA and cabinet member Chandan Ram Das in April prompted the bypoll.

The bypoll is significant because the outcome will reflect the attitude of voters in Uttarakhand ahead of the 2024 Lok Sabha elections. In the 2014 and 2019 general elections, the BJP won all five Lok Sabha seats in the state.

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September 5, 2023, 07:41:35 (IST)
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Assam LIVE Updates

143 grams of heroin seized in Karimganj, 2 arrested

On Sunday night, the Border Security Force (BSF) and the Karimganj district police detained two people and seized a firearm and 143 grams of heroin from their hands in Assam’s Karimganj district, officials said on Monday.

Based on source information, the Karimganj district police and the BSF team apprehended a vehicle in the Badarpur region of the district.

September 5, 2023, 07:37:41 (IST)
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ISRO LIVE Updates

Aditya L1 successfully performs 2nd earth-bound manoeuvre: ISRO

The Aditya-L1 spacecraft, India’s first solar mission, successfully completed its second earth-bound manoeuvre on Tuesday, according to the Indian Space Research Organisation (ISRO).

“Aditya-L1 Mission: The second Earth-bound maneuvre (EBN#2) is performed successfully from ISTRAC, Bengaluru. ISTRAC/ISRO’s ground stations at Mauritius, Bengaluru and Port Blair tracked the satellite during this operation. The new orbit attained is 282 km x 40225 km,” ISRO said in a post on ‘X’ in the early hours of Tuesday. 

Aditya-L1 Mission:
The second Earth-bound maneuvre (EBN#2) is performed successfully from ISTRAC, Bengaluru.

ISTRAC/ISRO's ground stations at Mauritius, Bengaluru and Port Blair tracked the satellite during this operation.

The new orbit attained is 282 km x 40225 km.

The next… pic.twitter.com/GFdqlbNmWg

— ISRO (@isro) September 4, 2023
September 5, 2023, 07:19:56 (IST)
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Delhi Police LIVE Updates

Delhi Police conduct vehicle checking ahead of G20 summit

The Delhi Police have begun conducting car checks at several points around the national capital in preparation for the impending G20 meeting on September 9 and 10.

Between Monday night and early Tuesday morning, surprise checks were conducted at India Gate and other locations across the city.

Police officers were observed stopping automobiles to perform comprehensive checks. Earlier on Monday, Meenakashi Lekhi, Union Minister of State for External Affairs and Culture, stated that paramilitary troops, Delhi police, and a number of other individuals are assisting in ensuring security for the G20 Summit.

The Delhi Police have begun conducting car checks at several points around the national capital in preparation for the impending G20 meeting on 9 September and 10 September. Between Monday night and early Tuesday morning, surprise checks were conducted at India Gate and other locations across the city. Police officers were observed stopping automobiles to perform comprehensive checks. Earlier on Monday, Meenakashi Lekhi, Union Minister of State for External Affairs and Culture, stated that paramilitary troops, Delhi police, and a number of other individuals are assisting in ensuring security for the G20 Summit. “So I must say that so far as safety, security, et cetera are concerned, that arrangement is being looked after by various departments, including paramilitary forces, Delhi police and several other people are engaged in that process,” Meenakashi Lekhi said while speaking to ANI. She also highlighted the diversity of the G20 Summit, held under India’s presidency, saying, “We’ve had about 52 locations and 250 plus events. So 250-plus conferences is not a joke to handle. It’s a logistic nightmare if not done right, but everything’s been done just right.” Meanwhile, all the government officials were on alert mode as the G20 week commenced, considering a warning circulated earlier from a designated wing of the Ministry of Home Affairs (MHA) from any “misleading, fake and counterfeit” emails being circulated by ill elements.

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