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Housing prices continue to rise across key Indian cities led by robust sales

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  Housing prices have continued to rise across top cities in India led by robust growth in residential sales momentum despite higher mortgage rates. Prices rose around 8 per cent from a year ago during the quarter ended March on the back of a consistent demand pattern, showed a CREDAI-Colliers-Liases Foras report. Read more

India threatened to shut down Twitter, says ex-CEO Jack Dorsey; govt says ‘outright lie’

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  There has been a significant surge in legal demands being made by India — from various courts and the government — to remove content from Twitter between 2014 and 2020, an analysis of Twitter’s global transparency reports by The Indian Express had earlier shown. ex-CEO Jack Dorsey Twitter’s co-founder and former boss Jack Dorsey has reiterated that the platform received “many requests” from the Indian government to block accounts covering farmers’ protests and those critical of the government. He has also said that the platform was threatened with “a shut down” and conducting raids at its employees’ homes in the country. Minister of State for Electronics and IT Rajeev Chandrasekhar responded to Dorsey’s claims, saying that under him, Twitter was in “repeated and continuous violations of India law” and at times “weaponised misinformation”. It is worth noting that Twitter’s new CEO Elon Musk also has a similar view of India’s social media regulations, having previously called them ...

Plagued by overseas deaths, India's cough syrup exporters must now take govt mandated tests

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The quality check of the cough syrups has been taken after India's image as the "pharmacy of the world" took a knock following the WHO alerts on contaminated cough syrups. Image used for representational purpose only.  NEW DELHI: From June 1, all cough syrup exporters will have to undertake mandatory testing of their products at specified government laboratories before getting permission for the outbound shipments. The direction comes after three alerts issued by the World Health Organisation (WHO), in seven months, on contaminated India-made cough syrups. “The export of cough syrup shall be permitted to be exported subject to export samples being tested and production of a certificate of analysis issued by any of the laboratories, with effect from June 1, 2023,” the Directorate General of Foreign Trade (DGFT) said in a notification on Monday. The earmarked central government labs include Indian Pharmacopoeia Commission, Regional Drug Testing Lab (RDTL — Chandigarh), C...

UPI transactions to remain free, Modi Govt not considering any charges

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 UPI Payment Charges Latest News: The Government is not considering any charges on UPI services, the Ministry of Finance today clarified. UPI Payment Charges Latest News: The Government is not considering any charges on UPI services, the Ministry of Finance today clarified. The Ministry said that the concerns of the UPI service providers for cost recovery would have to be met through other means. It also noted that UPI is a digital public good with immense convenience for the public and productivity gains for the economy. “UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Govt to levy any charges for UPI services. The concerns of the service providers for cost recovery have to be met through other means. The Govt had provided financial support for #DigitalPayment ecosystem last year and has announced the same this year as well to encourage further adoption of #DigitalPayments and promotion of ...