Parsi New Year or Navroz is celebrated by the Parsi community across the world. Special feasts are prepared to celebrate this as ‘Jamshedi Navroj’ remarks the commencement of 'New Year' for Parsis in India. The word Navroj has been derived from two Persian words: Nav menaing new; and Roz meaning a day

If unsolicited couriers are coming from FedEx or Blue Dart, be careful! Nitin Kamat made a big disclosure

The rise of cyber fraud cases in the country is a concerning trend, with criminals constantly adopting new methods to deceive unsuspecting individuals. Previously, fraudsters operated from a distance, but now they have found a way to intrude into people's homes. This revelation comes directly from Nithin Kamath, the billionaire businessman and co-founder of Zerodha. Kamath shared his experience of a scam involving the misuse of big company names like FedEx and Blue Dart, where fraudsters send couriers and then exploit fear to extract money.Also Read: Kashmiri Brother-in-Law could not show Kamal, and pressure on Nagpur police failedKamath took to social media to disclose the incident involving his colleague. He tweeted, "There is a major scam going on in the name of Blue Dart, FedEx, and other courier companies, so please be cautious. My colleague received a call from an unknown person posing as a FedEx employee. The caller informed him that one of his parcels had been intercepted by the police due to the discovery of drugs."Furthermore, Kamath revealed that his colleague had recently made some online purchases, which were expected to be delivered through a courier service. Naturally, this information made his colleague extremely anxious. Subsequently, he received a video call from an individual claiming to be a police officer, who presented an official-looking document as proof. The fraudulent caller demanded a sum of money to release the parcel and provided bank details for the transfer. To add to the distress, the imposter already possessed the Aadhaar number of the colleague, creating a sense of urgency. In a panic, the colleague promptly transferred the money.In his tweet, Nitin Kamath also offered advice on how to prevent falling victim to such fraud. He suggested that instead of sending money, individuals should inform the fraudsters that they will consult their lawyer. Most scammers target those who are easily frightened. By mentioning a lawyer, the scammers are likely to disconnect the call immediately, avoiding further conversation. This simple step can save individuals from falling prey to a significant fraud scheme.Also Read: Cybercrime in Nagpur - Cyber Blackmailer Couple Arrested in Pune for Extorting MoneyIt is essential for people to remain vigilant and aware of such fraudulent activities. Fraudsters continuously adapt their methods, making it crucial for individuals to exercise caution. Companies should also take steps to educate their customers about potential scams and raise awareness of preventative measures. By fostering a culture of skepticism and promoting safe practices, individuals can better protect themselves from cyber fraud.In conclusion, Nithin Kamath's disclosure sheds light on a prevalent scam involving the misuse of prominent courier company names. By sharing his colleague's experience, he has provided valuable insight into the tactics used by fraudsters. It is crucial for people to stay informed, remain calm, and take appropriate measures to safeguard themselves from falling victim to such scams. By staying alert and adopting preventive measures, individuals can help combat cyber fraud and protect their hard-earned money.Source: https://www.the420.in/unsolicited-courier-coming-from-fedex-or-blue-dart-can-be-scam/

RBI ने लगाई 3 बैंको पर Monetary Penalty

RBI ने लगाई 3 बैंको पर Monetary PenaltyRBI ने लगाई 3 बैंको पर Monetary Penalty1 - RBI imposes monetary penalty on Gondia District Central Co-operative Bank Limited, Gondia (Maharashtra) - प्राइस-2 लाख 2 - RBI imposes monetary penalty on Tirupati Urban Co-operative Bank Ltd., Nagpur - प्राइस-₹50,000/ 2 - RBI imposes monetary penalty on The Shirpur Peoples’ Co-operative Bank Ltd., Shirpur   - प्राइस-₹3 लाख  rbi ने इन 3 बैंको पर लगाई पेनाल्टी rbi हमेशा बैंको पर अपनी नजर लगाये रखता है Please Share This web storyWhite Frame CornerWhite Frame CornerArrowShareOther storiesYellow Round BannerYellow Round BannerCBDC App downloadCBDC12Green LeafGreen LeafWavy Line Read the full article

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Flipkart and FICCI to Conduct E-Commerce Workshop Series for MSMEs,PayPal Acquires Online Deal-Finding Company, Amazon Echo Will Now Play Spotify’s Free Music Service and more.

New Post has been published on https://www.bananaip.com/ip-news-center/flipkart-and-ficci-to-conduct-e-commerce-workshop-series-for-msmespaypal-acquires-online-deal-finding-company-amazon-echo-will-now-play-spotifys-free-music-service-and-more/

Flipkart and FICCI to Conduct E-Commerce Workshop Series for MSMEs,PayPal Acquires Online Deal-Finding Company, Amazon Echo Will Now Play Spotify’s Free Music Service and more.

Flipkart and FICCI to Conduct E-Commerce Workshop Series for MSMEs; PayPal Acquires Online Deal-Finding Company for USD 4 billion; E-Commerce Sites Top List of Consumer Complaints in India; Shutterstock Offers Affordable Music Licensing for Content Creators; Amazon’s Music Streaming Service is Now Free; Amazon Echo Will Now Play Spotify’s Free Music Service; Apple Finally Enters the B2B Streaming Market; Streaming Service Mubi Launches in India; Frozen 2 Release Accompanied by Record 67 Brand Deals in India and more.

Flipkart and FICCI to Conduct E-Commerce Workshop Series for MSMEs

Flipkart, the e-commerce marketplace owned by American retail giant Walmart, has partnered with the Federation of Indian Chambers of Commerce & Industry (FICCI) to launch a workshop series aimed at Micro, Small, and Medium Enterprises (MSME). The workshops, to be conducted across India starting with Ahmedabad in November, will be themed ‘Winning big with e-commerce’, and will aim to help MSMEs understand the e-commerce industry, how it can help them, and how they can build their business and increase brand visibility. According to Flipkart, its representatives will address specific accounting and taxation issues, access to capital, how to identify new opportunities, the importance of brand building online, how to build and scale their brands, and supply chain management and inventory planning for e-commerce. These workshops will then move to other Indian cities, including Bhubaneshwar, Chandigarh, Guwahati, and Nagpur.

PayPal Acquires Online Deal-Finding Company for USD 4 billion

PayPal, the American online payment company, is acquiring Honey Science Corporation, a company that operates a deal-finding browser add-on and mobile application, for USD 4 billion, mostly cash. Honey, which has 17 million monthly active users, tracks sales and retailers’ promo codes, provides consumers with the option to browse the best offers, and automatically selects the best cost-saving promo code while checking out on online shopping sites. The company also rolled out a price-tracking feature which informs shoppers of an item’s price history. Honey’s browser extension now works across approximately 30,000 websites, including fashion, technology, travel, and even pizza delivery sites. It claims that its users have saved a total of more than USD 2 billion till date.

With this acquisition, PayPal will now gain a giant foothold in the online shopping market, featuring earlier in the consumer’s shopping experience rather than just on the payment page, where it currently competes against credit cards or Apple Pay, for instance. PayPal has been facing increased competition from giants like Apple, Google, and Facebook, who have recently begun entering the payments market, apart from its traditional competitors in credit card companies.

E-Commerce Sites Top List of Consumer Complaints in India

According to data from the Ministry of Consumer Affairs, Food and Public Distribution, e-commerce companies topped the list of consumer complaints received on the government’s national helpline, with one in every five complaints directed against an e-commerce company. The list was led by Flipkart, Reliance Jio, and Amazon. More than 100,000 of the 500,000 plus complaints were against e-commerce companies, with banks following with 41,600, and telecom garnering 29,400. A ministry official said that the increase in the number of complaints against e-commerce companies was likely due to the growth in their consumer base. Most of the complaints against the e-commerce companies pertained to spurious products, problems in exchange, and delayed delivery, while those against telecom companies were related to overbilling, data deduction, and connectivity problems.

The government has responded to increasing dissatisfaction among consumers by shoring up its grievance redressal mechanism. The Ministry launched a mobile application where consumers could register their complaints, which would be redressed within 60 days. The government has also published draft e-commerce rules which focusses on e-commerce companies’ obligations and mechanisms of grievance redressal. Another ministry official claimed that companies, however, were responding well to complaints—of 565,000 complaints received last year, 555,000 were resolved, and a similar resolution rate is expected this year.

Shutterstock Offers Affordable Music Licensing for Content Creators

Shutterstock, the American provider of stock photography, is expanding its offerings to include music. It has launched an unlimited music subscription plan for USD 149 per month, giving content creators and digital marketers access to more than 11,000 tracks that can be included in web-based content, like YouTube videos, podcasts, and conference presentations. The Shutterstock Music Library, which will be searchable by genre, mood, or popularity, has been curated by professional musicians, and hundreds of tracks will be added every month. According to Shutterstock, this is a cost-effective feature for marketers lacking the budget and resources to pursue high-end music productions, and “frees them to focus on the creative vision rather than worrying about budget”.

Amazon’s Music Streaming Service is Now Free

Online retail giant Amazon is now offering its music streaming service free, with advertisements. While it previously offered free, ad-supported music streaming to owners of its smart device Echo, it is now expanding a 2 million song catalogue same to all customers. This is the same catalogue offered to those who have subscribed to Amazon’s Prime membership, albeit with advertisements.

This move won’t ruffle any feathers among major music streaming services like Spotify or Apple Music, considering Amazon’s music catalogue is much smaller, and is not supported by personalisation technology as advanced as what drives Spotify’s Discover Weekly playlist, for instance. Amazon’s move, instead, is aimed at making its Prime subscription more appealing to its consumers, encouraging them to subscribe to remove ads. Amazon’s Prime subscription is one of the company’s major focuses, as Prime members will shop more often from Amazon’s e-commerce site, which is where its profits primarily lie.

Amazon Echo Will Now Play Spotify’s Free Music Service

Swedish-American music streaming provider Spotify, whose service previously worked with Amazon Echo only for premium subscribers, has now extended support on the smart device for its free tier users. Similar support will now also be available on smart speakers manufactured by American audio manufacturing company Bose and consumer electronics company Sonos. This news comes on the heels of Amazon’s announcement that its own music service would become free across devices. Though Amazon’s limited 2 million song catalogue doesn’t make it much of a competitor to Spotify, which boasts of over 50 million songs as well as powerful personalisation capabilities, Spotify’s stock dropped almost 5% following Amazon’s announcement.

Apple Finally Enters the B2B Streaming Market

Technology behemoth Apple has finally announced its much-anticipated move into the Business-to-Business (B2B) streaming market, with department store Harrods and clothing company Levi’s already using Apple’s music streaming service Apple Music in their stores. While regular Apple Music or Spotify subscriptions do not permit use on commercial premises, providing B2B streaming at additional costs has long seemed an obvious way for streaming services to generate extra revenue.

Streaming services Pandora and Sirius already offer B2B services in the US, while there are companies like Mood Media and Playnetwork whose primary business is providing music to retail clients. Apple seemed to confirm its plans to enter the market when it registered trademarks for Apple Music for Business last year, and Spotify has demonstrated interest in retail-focussed Soundtrack Your Brand, which published a study in 2018 estimating that the music industry was missing out on revenues worth USD 2.65 billion per year by not exploiting B2B streaming to its fullest.

Streaming Service Mubi Launches in India

12-year old movie streaming and rental service Mubi has launched in India. Unlike more well-known streaming services like Netflix and Amazon Prime, Mubi’s primary selling point is its selection of critically acclaimed movies. Mubi also maintains a stark difference from its larger competitors in the market by maintaining a small catalogue of just 30 movies at any given point, with every new title being accompanied by the exit of an existing one; no movie stays longer than 30 days on the platform. Founded in 2007, Mubi initial business plan mirrored that of services like Netflix. However, realising financial constraints, Mubi rerouted itself into its current form of offering a very limited selection, focussing on lesser-known critical gems.

Having amassed 9 million subscribers worldwide, Mubi has launched in India at a much lower price point than in other countries—much like other streaming services. It has also, for the first time, launched a dedicated channel for local movies. With access to both the local and global channels, Indian subscribers will have access to 60 movies. Mubi has appointed Academy Award-winning film producer Guneet Monga, of Gangs of Wasseypur– and Lunchbox-fame, as its content advisor.

Frozen 2 Release Accompanied by Record 67 Brand Deals in India

The release of Frozen 2, Disney’s sequel to its 2013 animated blockbuster, in India has been anteceded by a flurry of merchandising as Disney India has signed sponsorship deals with a record 67 brands, the highest such number for an animated movie in the country. These partnerships involve brands like toy retailer Hamleys, fashion brands Max and Reliance Trends, clothing chain Pantaloons, and e-commerce company Flipkart.

A special Frozen collection has been launched by Pantaloons for young girls, which includes joggers, leggings, sweatshirts, sweater dresses, and footwear. Hasbro, the toy and board games company, will roll out a range of new dolls and playsets inspired by the two protagonists, Elsa and Anna, while multinational conglomerate ITC has launched a line of stationery products including notebooks, geometry boxes, and colouring sets based on the movie. Paint company Asian Paints has introduced a series of wall décor derived from the film, while Flipkart will be selling Frozen themed merchandise across categories. This amassing of deals is symptomatic of a trend of increasing localisation and marketing initiatives by Hollywood studios in India.

  Authored and compiled by  Param Gupta 

The Licensing and E-Commerce News Bulletin is brought to you jointly by the E-Commerce Law and Consulting/Strategy Divisions of BananaIP Counsels, a Top IP Firm in India. If you have any questions, or need any clarifications, please write to [email protected]  with the subject: Licensing News.

Disclaimer: Please note that the news bulletin has been put together from different sources, primary and secondary, and BananaIP’s reporters may not have verified all the news published in the bulletin. You may write to [email protected]  for corrections and take down.

Global Investors Back Oriental Structural’s Infra Investment Trust Reporting By Sanjit Bakshi

A group of investors, including the Asian infrastructure investment bank (AIIB) based in Beijing, the German SDR, the International Finance Corporation and the Indian HEG group, have invested in an infrastructure investment trust SNE 1.47% (InvIT) formed by the infrastructure company Oriental Structural Engineering (OSE) based in Delhi), said two people who were familiar with the agreement. Oriental Infra Trust raised Rs 2.3 billion rupees through an offer of units that was opened on 10 June. It attracted considerable interest from international investors and was over-subscribed, one of the people said, and reaffirmed the interest of investors in operational infrastructure assets in India. OSE, the sponsor of InvIT, has 60% of the units. OSE and DEG refused to comment, while IFC, HEG and AIIB did not respond to emails until the time of publication on Wednesday. Infrastructure trusts, or InvIT, are becoming popular with investors of long-term income that generate income, such as toll roads and energy transfer projects. There are currently three InvITs listed: IRB InvIT Fund (from IRB Infrastructure Developers), IndiGrid InvIT Fund (Sterlite Power Grid Ventures) and IndInfravit, sponsored by L&T Infrastructure Development Projects. Canada's Brookfield, which purchased the West West Mukesh Ambani gas pipeline with losses of $ 2 billion, is also planning to include it as InvIT. Oriental Structural Engineering is dedicated to the construction of tracks, highways and bridges. Assumes projects under contracts for engineering-acquisition-construction and construction-operation transfer. Your InvIT consists of five roads: Nagpur Bypass, Indore-Khalghat (NH3), Etawah-Chakeri (Kanpur), Hungund-Hospet (NH-13) and Nagpur-Betul Highway. These roads have a length of 2,804 kilometers of lanes and their combined income amounted to around Rs 1,700 million in the fiscal year 2019. “OSE has another $ 1 billion in road assets that are also available for Oriental InvIT for acquisition under the ROFO agreement (right offer). This would lead to a guaranteed increase in the size of Oriental INVIT by 50% in the coming years, "said the second person. EY is the investment bank advisor of the sponsor, while ICICI Securities is the commercial banker in this transaction. The spokesmen of both refused to comment. InvITs enable a large number of investors to raise their money for investments in infrastructure assets in exchange for regular dividends. InvITs invest in operational infrastructure assets such as roads, telecommunications towers and power plants.

Since operational infrastructure assets offer stable and long-term returns under the InvIT structure, global investors are interested in Indian entities that generate such entities. The most important global physical education company, KKR & Co, together with the Singapore GIC state investment fund, have chosen a large stake in IndiGrid. IndInfravit had the participation of CPP Investment Board, which had subscribed for $ 152 million in 30% of its units, and Allianz Capital Partners, which had acquired 25% of the units for $ 128 million. Last month, CPPIB and Piramal Enterprises announced their plan to set up India's first renewable energy-focused InvIT to raise $ 600 million and purchase corporate assets.

MSC BANK JOB 2022

MSC BANK JOB 2022

ABOUT MSC BANK JOB The Maharashtra State Co-operative Bank Ltd., (MSC Bank), Mumbai invited applications for the post of Treasury Domestic Dealer, Treasury Forex Dealer, and Treasury Mid Office/Back Office. The total number of vacancies available is 08. The Online written test will be held at Mumbai, Pune, Nagpur, Nasik, Aurangabad, Nanded, and Kolhapur centers. The last date for the online…

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State Bank of India acknowledged that Plastic furniture mould

The ratio of the conversion of the plastic waste into petrol is one kilogram of plastic into the volume of 1000 cc of petrol.The environment friendly project, realized with the collaboration of the initiators of the project in India, Unique Waste Plastic Management & Research CO. Moreover, plastic can only be recycled three to four times, after that it loses its strength and can’t be recycled. The world produces no less than 60% more plastic wastes than it did some ten years back with a production of 100 million tons every year. The project realized with the collaboration of Indian partners is due to start in the course of the year 2007, once the EIA obtained.Unique Waste Plastic Management & Research Co.. The Liquid Hydrocarbons pilot project proposed by the Green Hydrocarbons (Mtius) Ltd has the ambitious desire of turning our plastic wastes into hydrocarbon petrol. The process was later extended to treat 25,000 tons daily in 2006 and the objective of the project is to treat some 450,000 tons. Ltd of India later launched a pilot project where some 5,000 tons of plastic wastes were converted everyday. Representatives of the State Bank of India acknowledged that Plastic furniture mould the wholesale plastic bucket suppliers project is already running on profit, thus proving the efficiency of the method. The pilot project will hence be converting some 2., will enable Mauritius to get rid of its plastic wastes while at the same time providing resources such as petrol. She asked for analysis by Indian Oil and made a number of recommendations for the use of the final products. This project is a green alternative to the palliative solutions that have been found so far to deal with plastic wastes. The initiator of the project will bring all the technology and equipment necessary for the setting of the pilot plant while the government, in collaboration with Green Hydrocarbons Ltd. Land filling, incineration and recycling 4% are presently being used but they do not resolve the problem of environmental damage caused by plastic.This project has enabled India to better manage the country’s plastic wastes while at the same time creating jobs.After about one year of operation, the project was realized with the help of loans. She worked with a team on the formula and in 2004; they succeeded in turning 300mg of plastic into hydrocarbon liquids. Pvt., will provide the necessary location and licenses. While giving a lecture on Applied Chemistry, she came up with the idea of turning plastic back into hydrocarbons.Now just imagine a process able to clear our environment of plastic wastes, creating jobs in waste management and collection and at the same time bringing useful resources such as petrol and gas, which can be beneficial to our economy. In 2006, the population’s consumption of non-biodegradable plastic products amounted to some 70 million Polyethylene Terephthalate (PET) bottles, 7 million PVC bottles, and 113 million plastic bags. BeginningsThe concepts of plastic conversion into hydrocarbons was elaborated by Professor Alka Zadgaonkar of the Raisoni College of Engineering, Nagpur in Indian, in the year 1995.According to the report from the Ministry of environment, Mauritius produces some 120 tons of plastic wastes daily amounting to a total of 43,800 tons of waste every year of which only 4%, representing some 164 tons, are recycled. India produces 10,000 tons of plastic wastes everyday which 40% are recycled. Actually India sells its hydrocarbon at 40% to 50% less than normal diesel. Ltd.Recycling is unfortunately not a practical solution in that the cost of collection is quite high; there is a limited market for it, with an absence of marketing. The technology is presently being exported to other regions such as Rajasthan and even to America; for instance, some hospitals are being operated using their own wastes.The investments for the pilot project in Mauritius are estimated to around 100 to 300 millions Rupees.5 tons of plastic wastes daily into some 25,000 liters of petrol and other by-products. Pvt. The Waste to Compost project, will however give a new dimension to the processing of plastic in that hydrocarbon and the other by-products used as compost. Land filling, incineration, recycling, gasification and blast furnace have shown their limits in the treatment of plastic wastes

Saraswat Bank Recruitment 2021 | 150 Junior Officer in Grade - B Vacancies

Saraswat Bank Recruitment 2021 | 150 Junior Officer in Grade – B Vacancies

Saraswat Bank Recruitment 2021 | 150 Jr. Officer Vacancies | Last Date 19-03-2021 | Saraswat Bank Junior Officer Notification @ http://www.saraswatbank.com Saraswat Bank Recruitment Notification of Junior Officer – Marketing And Operations in Grade – B Vacancy. Saraswat Co-operative Bank Ltd Requires 150 Jr. Officer For its Branches in Mumbai, Pune, Aurangabad, Jalgaon, Nagpur, Nasik, Kolhapur,…

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RBI-Maintained Kangra Co-operative Bank Account Duped in Rs 7.79 Crore Cyber Fraud

In a stunning turn of events, an extraordinary sum of Rs 7.79 crore has allegedly been embezzled from the current account of Kangra Co-operative Bank, which is overseen by the Reserve Bank of India (RBI). This incident has left top officials perplexed, given that the bank operates under the financial supervision of the RBI, yet the fraudulent activities occurred within the regulatory system itself. Authorities are grappling with the task of identifying the individual behind this audacious cyber theft, although officials from Kangra Bank assert that they have managed to identify the accounts where the stolen funds were transferred.

Sahdev Sangwan, the Senior Manager (IT) of Kangra Bank, took the initiative to file a complaint with the Delhi Police, resulting in the registration of a First Information Report (FIR) in early May. Currently, an ongoing investigation is underway to uncover the intricate details surrounding this brazen cyber fraud.

Also Read: Cybercrime in Nagpur - Cyber Blackmailer Couple Arrested in Pune for Extorting Money

According to Sangwan's complaint, Kangra Bank maintains a current account with the RBI for the purpose of conducting various banking transactions, such as Real Time Gross Settlement (RTGS), National Automated Clearing House (NACH), National Electronic Fund Transfer, and Check Truncated System on behalf of its customers.

In line with the established procedure followed by Kangra Bank and the RBI, the bank has issued a standing instruction to transfer Rs 4 crore daily from the current account to a settlement account. This arrangement facilitates the bank's ability to offer RTGS and NACH services to its customers. At the close of each day or in the early hours of the following day, the RBI sends an email statement to the bank, outlining all the transactions executed in the settlement account throughout the day. Kangra Bank officials then cross-verify the statement, and any remaining funds are transferred back to the current account from the settlement account.

On April 20, 2023, alarm bells rang when Kangra Bank officials noticed an irregularity in the statement received from the RBI. They observed a discrepancy of over Rs 3.14 crore, indicating that a significant amount had not been transferred from the settlement account to the current account. Despite promptly informing the relevant authorities, including the RBI and other financial security departments, no satisfactory explanation has yet been found to account for this substantial mismatch.

To their dismay, similar discrepancies occurred over the next two days as well. On both April 21 and April 22, the current account received amounts that were over Rs 2.40 crore and over Rs 2.23 crore less than expected, respectively, from the settlement account. When combined, these irregularities amounted to an astounding Rs 7.79 crore in suspected fraudulent transactions over the three-day period.

Also Read: Kashmiri Brother-in-Law could not show Kamal, and pressure on Nagpur police failed

In Sangwan's complaint, it was revealed that Kangra Bank has managed to identify accounts with other banks into which the fraudulently withdrawn funds were transferred. However, the individuals responsible for these deceptive transactions remain unknown. The Delhi Police suspect the involvement of cyber hackers or tampering, as the culprits appear to be unaffiliated with the bank.

Kangra Co-operative Bank Ltd, which originated as a modest thrift and credit society in March 1960, received authorization from the RBI in 1972 to engage in banking activities. Today, with 12 branches spread across various parts of Delhi, it stands as one of the largest urban co-operative banks under the administrative control of the Delhi Government through the Registrar of Cooperative Societies.

The ongoing investigation aims to delve into the intricacies of this cyber fraud, as both Kangra Bank and the RBI collaborate closely to strengthen security measures and prevent future incidents of this nature.

Source: https://www.the420.in/rbi-maintained-kangra-co-operative-bank-account-duped-in-rs-7-79-crore-cyber-fraud/

Finance Minister Nirmala Sitharaman will address the press conference at 3 pm on 41st Goods and Services Tax (GST) Council meeting which was held today via video conferencing in New Delhi.

FM Nirmala Sitharaman chaired the meeting, which was also attended by Anurag Thakur, Minister of State (MoS) for Finance, finance ministers of various states and Union Territories (UT) and senior officers from the Union Government and states. Opposition-ruled states had united to pressure the Centre to give them the promised compensation for loss of revenue arising from the implementation of GST.

Meanwhile, the shareholders of Tata Sons — the unlisted holding company of Tata Group — will get a glimpse of the group’s digital strategy today during the company’s annual general meeting (AGM).

The e-AGM comes at a time when the group is facing significant challenges in each of its businesses.

Stay tuned for the latest news of the day

CATCH ALL THE LIVE UPDATES Auto Refresh 02:43 PM Latest News LIVE: GST Council meeting debates revenue shortfall of states A crucial meeting of the GST Council on compensating states for revenue shortfall began on Thursday with the states ruled by non-NDA parties opposing the Centre's move to ask states to borrow to meet the deficit, according to a PTI report. The 41st meeting of the Goods and Services Tax (GST) Council headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states, held deliberations via video conferencing on ways to make up for the shortfall in states' revenues, sources said. While Congress and the states ruled by non-NDA parties pushed for the Centre meeting its statutory obligation of covering the deficit, the Union government cited a legal opinion to say it had no such obligation if there was a shortfall in tax collections. 02:23 PM LIVE updates: FM Sitharaman to address media about GST Council meeting today at 3 pm. Stay tuned

02:20 PM Rupee settles 48 paise higher at 73.82 (provisional) against US dollar 01:57 PM Latest News LIVE: 41st GST Council meeting underway The 41st Goods and Services Tax (GST) Council meeting is currently underway in the national capital on Thursday. Finance Minister Nirmala Sitharaman is chairing the meeting, which is also attended by Anurag Thakur, Minister of State (MoS) for Finance, finance ministers of various states and Union Territories (UT) and senior officers from the Union Government and states. The meeting is conducted through video conferencing.

In the last meeting held on June 12, the GST Council decided to waive off fees for late filing returns between July 2017 to January this year in a bid to minimise the impact of COVID-19 crisis on micro, small and medium enterprises (MSMEs). On Wednesday, Congress interim President Sonia Gandhi held a meeting with Chief Ministers of Congress-ruled states and their counterparts of West Bengal, Maharashtra and Jharkhand on the issues related to GST dues of states and said the refusal to pay GST compensation to states is nothing short of betrayal on the part of the Narendra Modi government.

01:48 PM Nagpur bench of Bombay HC dismisses a PIL seeking declaration of funds received by PM-CARES: ANI 01:45 PM Rhea Chakraborty asks Mumbai police for protection, claims threat to her life and family Actor Rhea Chakraborty on Thursday said there was a threat to her and her family's life and requested the Mumbai police for protection, news agency PTI reported. Rhea took to Instagram and shared a video where her father was seen being hounded by the media outside her building compound. She said they have been trying to get out of the house to cooperate with various investigating agencies probing actor Sushant Singh Rajput's death. "The man in this video is my father Indrajit chakraborty (retd. army officer). We have been trying to get out of our house to co-operate with ED, CBI and various investigation authorities to cooperate. "There is a threat to my life and my family's life. We have informed the local police station and even gone there, no help provided. We have informed the investigation authorities to help us get to them, no help arrived. How is this family going to live?" the 28-year-old actor wrote. 01:19 PM CBI today called Sushant Singh Rajput's flat-mate Siddharth Pithani for the seventh consecutive day for questioning in the actor's death case: police official

12:51 PM Moratorium was a good idea as cash flows were affected: Aditya Puri, MD, HDFC Bank at Business Standard’s webinar series Unlock BFSI 2.0 12:19 PM GST Council meet underway; FM Sitharaman to address media at 3 pm 12:15 PM Education Dr Ramesh Pokhriyal Nishank to issue statement on NEET, JEE Exam 2020 row soon

सुवर्ण तारण कर्ज योजना - Gold Loan - Shri Sairam Urban Credit Co-Operative Society ltd - Nagpur !  

Shri Sairam Urban Credit Co-operative Society ltd - Nagpur

Perfect Scheme To Fixed Your Money.... 

Shri Sairam Urban Credit Co-operative Society ltd - Nagpur

For More information -  832-958-2943

Office Location - Mehendi Bagh Road , Kesarwani Bhavan, Lalganj Itwari Nagpur

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Saraswat Bank, the premier Multi-State and the largest Bank among the Co-operative Banks in India has published notification for recruitment for Branch Managers for its branches in Mumbai, Thane, Pune, Nashik, Aurangabad, Nagpur, Vadodara, Ahmedabad, Bengaluru, and Indore. It is an urban co-operative banking institution which based in Maharashtra, India and operating as a co-operative bank since 1918.It provide Banking and Financial services. You can check more details like educational qualification, selection process & how to apply in below given official notification.