Regulation, conducive environment among top factors to fuel crypto trading among Indian investors: Sumit G
Sumit Gupta, Co-Founder of CoinDCX, discusses the key drivers for crypto trading in India and the challenges of building in the evolving environment. He highlights the need for regulatory clarity and a conducive environment to incentivize more activity on Indian exchanges. Key Points
Economic TimesHC quashes NGT ex-parte order on Panje wetlands
The Bombay High Court has ordered the State environment department to hear objections from CIDCO and NMIIA in the dispute over the Panje wetland in Uran, Mumbai. The case involves an order to restore water flow to the wetland, which is claimed to affect migratory birds and the local fishing community. The High Court set aside orders from the National Green Tribunal and directed the environment department to hear all parties within 12 weeks. The court emphasized the need to protect the fragile ecology of Uran while striking an appropriate balance with development. | Mumbai news Key Points
Hindustan Times'We still have a hiring target, but…': What Infosys CEO Salil Parekh said while announcing Q1 results
Infosys Q1 results show attrition numbers and demand environment will shape hiring decisions. Company has not announced hiring targets at this time. Key Points
mintNCST chairman Chouhan resigns eight months before end of term
Harsh Chouhan, chairman of the National Commission for Scheduled Tribes (NCST), has resigned from his position with eight months remaining in his term. This has resulted in the tribal rights body being left with only one member. Chouhan's resignation comes after a disagreement with the environment ministry over the Forest Conservation Rules 2022, which he believed violated the Forest Rights Act. Key Points
Economic TimesSrikakulam collector inaugurates cycle rally to promote environment friendly transport
Srikakulam Collector Shrikesh B. Lathakar on May 16 asked people to use cycles to travel to short distances, as they were environment friendly and ensure fitness as well. Key Points
The Hindu
Depts that harm nature must pay for conservation initiatives: CM
“Such departments that cause the maximum damage to the environment and natural resources must be identified...” said the CM. Key Points
Hindustan TimesWorld environment Day 2023: Date, history, significance, theme of the day, host and all you need to know
World environment Day falls on June 5 and celebrates its 50th anniversary this year. The day raises awareness about environmental protection. Key Points
Hindustan TimesSatire | Greening India: some suggestions to improve the Forest (Conservation) Amendment Bill, 2023
The Forest (Conservation) Amendment Bill, 2023, is currently before a Parliamentary committee, awaiting inputs from the Indian public. Through the three-pronged strategy of redefinition, Photoshopping, and green painting, India can quickly become the greenest country in the world and win the UN Gold medal for Green Environment. Key Points
The Hindu57 swimmers were struck down with sickness and diarrhea after competing in open water at a world championship: report
Dozens of swimmers fell ill following a triathlon in Sunderland, England. A sample of the water taken by the environment Agency was found to have high levels of E. Coli. Key Points
InsiderWhy slum dwellers in Bangladesh have got a reason to smile
Bangladesh is logging consistent growth in terms of the economy and living standards. But the government is working towards achieving an inclusive development. Key Points
India Today
Do prelim probe before filing FIRs against businessmen, UP police told
The order has been issued in a bid to further improve ease of doing business and ensure no adverse environment is created for investors. However, this direction is not applicable for cognisable offences. Key Points
Economic TimesIndia's Infosys halves FY revenue growth outlook as clients cut spending
Infosys (INFY.NS), India's second-largest IT services firm by revenue, halved its full-year revenue forecast on Thursday and posted a first-quarter profit that missed estimates as clients cut back spending in a cloudy economic environment. Key Points
ReutersMonika Bhadoriya says TMKOC had male-chauvinist environment
Taarak Mehta Ka Ooltah Chashmah actor Monika Bhadoriya recalled the male chauvinist environment on the sets. She said it made her quit the show. Key Points
Hindustan TimesAmmonia gas leaks from Chennai fertiliser unit, people experience unease; hospitalised
According to the Tamil Nadu environment and Forest Department, a communication was received from the unit at 12.45 a.m. about the ammonia gas leakage that occurred during the pipeline's pre-cooling operation Key Points
FirstpostVivek Ramaswamy looking for a nanny, starting salary is ₹80 lakhs: Report
Indian-American entrepreneur and Republican presidential candidate Vivek Ramaswamy is reportedly looking for a nanny, according to a job listing on a staffing website. The position offers a salary of $100,000+ per year, with a schedule of 7 days on, 7 days off. Key Points
mint
Union environment Ministry grants final approval for Kalaignar pen monument in Bay of Bengal; lays down 15 conditions
The Union Ministry of environment has provided Coastal Regulation Zone (CRZ) clearance for the Tamil Nadu government’s proposal to construct Muthamizh Arignar Dr .Kalaignar pen monument in Bay of Bengal, off the Marina beach near Triplicane in Chennai, with 15 conditions. Key Points
The Hindu‘Having MS Dhoni as our captain is very special, his backing is very helpful for me as a cricketer’: Devon Conway
The 31-year-old opener feels special to be associated with the Chennai clan. He revealed that the environment in the team is family-oriented and that he loves the team culture. Key Points
The Indian ExpressSC takes note of HPC report, permits Vedanta to carry out upkeep of its closed Tuticorin plant
The top court took note of the July 2022 report of the High Powered Committee, set up by the Tamil Nadu government, for carrying out a 'Civil and Structural Safety Integrity Assessment Study' of the plant. At least 13 people were killed and several injured on May 22, 2018 when police had opened fire on a huge crowd of people protesting against environment pollution being allegedly caused by the factory. Key Points
Economic TimesNetizens can't keep calm as Jackie Shroff poses with a plant at the Nita Mukesh Ambani Cultural Centre launch-Entertainment News , Firstpost
The actor has always propagated about the importance of environment and going green. And netizens couldn't keep calm, here are some reactions. Key Points
FirstpostWorld Autism Awareness Day: Neurodiversity at workplace
Every year on April 2nd, World Autism Awareness Day is celebrated. The main goal of celebrating this is to assist people who suffer from autism so that they can fully enjoy their lives without boundaries or restrictions. Key Points
Economic Times
Career Wrap: The evolution of hiring and firing in 2023 and beyond
2023 job market was extremely dynamic - the domestic tailwinds slowed marginally by global headwinds created an interesting environment for both HR heads and job seekers. The year witnessed a paradigm shift with strong ‘back to office signals from tech giants and polarized debates around work hours per week. Key Points
Economic TimesSneaky crocodile makes itself at home inside a chicken coop
The official Facebook handle of Queensland environment shared about the incident. Here's what happened. | Trending Key Points
Hindustan TimesHigh Court to probe Jadavpur University crisis following tragic student demise
Even students who enrolled eight years ago still reside in the hostels. Administrative structures are lacking, contributing to an environment where ragging of students persists. The situation within the university has severely deteriorated Key Points
FirstpostIndia's Infosys shares slide after cutting full-year growth outlook
Shares of Infosys (INFY.NS), India's second-largest software exporter, fell as much as 10% on Friday after the company halved its full-year revenue growth outlook and posted a weaker-than-expected first-quarter profit. Key Points
ReutersAluva youth feted as one of the fastest to scale Mount Everest Base Camp
Muhsin V.A., an Indian soldier from Aluva posted in Ladakh, could not have asked for a better gift on World environment Day when he received an acknowledgment from the International Book of Records recognising him as one of the fastest individuals to trek to the Mount Everest Base Camp (MEBC) Key Points
The Hindu
India looks to build consensus at WTO to block non-trade issues
India is pushing for forging consensus with like-minded countries at the World Trade Organization in order to prevent entry of non-trade issues such as environment and sustainability into the trade negotiations. Brazil, China, Thailand and South Africa are some of the countries which could get affected and India will try to build a consensus with them. The move by advanced economies to impose green taxes has already made the developing and emerging economies wary of such moves. Key Points
Economic TimesIT stocks rally looks pre-mature after Accenture's underwhelming guidance. Should you sell?
Accenture reiterated its headline FY24 revenue growth guidance of 2-5% YoYcc but increased the inorganic contribution to more than 2% vs 2% earlier, which implies that FY24 organic growth guidance has been trimmed slightly. Management indicated no change in the demand environment – persistent weakness in BFS, CMT, and discretionary spends. Key Points
Economic TimesFitch warns it may downgrade many US banks, including JPMorgan
Fitch Ratings has warned that US banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of the operating environment for the industry. If Fitch were to lower its score to A+ from AA-, it would be forced to re-evaluate ratings on more than 70 US banks. This news follows Moody's downgrading 10 mid-sized US banks earlier this month and warning that it may cut ratings of several others. Key Points
Economic TimesTech Mahindra Q2 Preview: Profit to fall 42% YoY; deal wins seen muted
The communications vertical is expected to be the weakest during the September quarter. Deal wins are likely to remain soft similar to the previous two quarters, due to weak macro environment and slow decision-making of businesses. Key Points
Economic TimesMs Nidarshana Gowani gifts Tulsi sapling to the Governor of Maharashtra at an event on Earth Day-Entertainment News , Firstpost
The Kamala Ankibai Ghamandiram Gowani Trust has been actively involved in several initiatives that support women's growth and development. They have been working to get women the status they deserve, and they have achieved significant milestones in this regard. Key Points
Firstpost
ET Explainer: What's a regulatory sandbox? How it spurs innovation
The 2023 Telecommunications Act requires the establishment of regulatory sandboxes (RSs) to assess and promote innovation in emerging communication technologies. The introduction of sandboxes is anticipated to promote the involvement of startups and small to medium-sized enterprises (SMEs) in devising relevant use cases for 5G and beyond, extending into the realm of 6G. The thorough live testing conducted within a sandbox environment is also expected to assist telecommunication companies and technology firms in identifying and addressing issues before launching new products commercially. Key Points
Economic TimesGovt notifies draft rules for India's 'Green Credit' scheme — 'meant to incentivise voluntary action'
Green credits earned by individuals & industries will be tradable via a proposed market platform. Notification comes 2 months after environment ministry readied the scheme's draft contours. Key Points
ThePrintExporters seek separate division for non-trade issues, faster customs clearance
Exporters requested the establishment of a distinct division within the Commerce and Industry Ministry to address non-trade barriers, particularly those related to environment and sustainability. During their discussion with Union Minister Piyush Goyal, they also highlighted concerns about Chinese goods entering India via the ASEAN free trade agreement. Key Points
Economic Times