Tag: biggest

  • India’s forex reserves post biggest weekly fall in 11 months

    India’s forex reserves post biggest weekly fall in 11 months

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    New Delhi: India’s foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 its biggest weekly fall in 11 months.

    According to data released by RBI on Friday, the reserves are at their lowest level since January 6, 2023.

    The fall for the second straight week was mainly due to a decline in foreign currency assets, which dropped $7.1 billion to $500.59 billion.

    In the week ended February 10, the rupee lost 0.8 percent to close at 82.51 per dollar as US jobs data sparked worries about the Federal Reserve raising interest rates for longer than was earlier anticipated.

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    #Indias #forex #reserves #post #biggest #weekly #fall #months

    ( With inputs from www.siasat.com )

  • PM unveils India’s biggest helicopter manufacturing facility in Tumakuru

    PM unveils India’s biggest helicopter manufacturing facility in Tumakuru

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    Tumakuru: Prime Minister Narendra Modi on Monday inaugurated the Hindustan Aeronautics Limited’s helicopter factory the country’s largest chopper manufacturing facility in the Tumakuru district of Karnataka.

    Bengaluru-headquartered HAL plans to produce more than 1,000 helicopters in the range of 3-15 tonne with a total business of more than Rs 4 lakh crore over a period of 20 years at this facility in Gubbi taluk, officials said.

    The factory, spread across 615 acres for which the Prime Minister laid the foundation stone in 2016, would initially manufacture Light Utility Helicopters (LUH)).

    It will enable India to meet its entire requirement of helicopters without import and giving a much-needed fillip to the Prime Minister’s vision of ‘Aatmanirbhar Bharat’ in helicopter design, development, and manufacture, they said.

    Defence Minister Rajnath Singh, Karnataka Chief Minister Basavaraj Bommai and senior officials of the Ministry of Defence were among those present on the occasion.

    “It is a dedicated new greenfield helicopter factory which will enhance India’s capacity and ecosystem to build helicopters,” Singh said.

    Assembly polls in Karnataka are due by May.

    PM Modi unveiled the LUH, which has been flight tested. The LUH is an indigenously designed and developed three-tonne class, single-engine multipurpose utility helicopter. Initially, the factory will produce around 30 helicopters per year and can be enhanced to 60 and then 90 every year in a phased manner, according to the Defence Ministry.

    The factory will be augmented to produce other helicopters such as Light Combat Helicopters (LCHs) and Indian Multirole Helicopters (IMRHs). It will also be used for maintenance, repair and overhaul of LCH, LUH, Civil Advanced Light Helicopter (ALH) and IMRH in the future.

    Potential exports of civil LUH will also be catered to from this factory, which is being equipped with state-of-the-art Industry 4.0 standard tools and techniques for its operations, officials said.

    The proximity of the factory, with the existing HAL facilities in Bengaluru, will boost the aerospace manufacturing ecosystem in the region and support skill and infrastructure development such as schools, colleges and residential areas, it was noted.

    The factory is fully operational after the establishment of facilities like heli-runway, flight hangar, final assembly hangar, structure assembly hangar, air traffic control and various supporting service facilities, officials said. PTI GMS RS

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    ( With inputs from www.siasat.com )

  • Pathaan Box Office Collection Day 10: King Claims The Throne, Replaces Dangal as Biggest Bollywood Film – Kashmir News

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    The undisputed ruler of Bollywood is now Shah Rukh Khan. His latest film Pathaan becomes highest-grossing Bollywood movie has replaced Aamir Khan’s film Dangal. This is the first time that a film starring SRK has reached the top of the coveted list and it took a Bollywood film seven years to beat Dangal at the top.  

     

    The movie Pathaan surpasses all previous box office records for Shah Rukh Khan, Deepika Padukone, and John Abraham. As per some fans There are certain problems with the movie, despite the overwhelming love from the audience.

     

    The Pathan movie was released on January 25, 2023, and includes a Hindi version and Tamil and Telugu dubs. You may see a lot of drama, action, romance, thrills, and criminality in this movie, which is predicted to earn a huge amount at the box office in India and across the world. According to reports, the total estimated budget for this film is around 250 crores. Top actors of Bollywood are also included in this big budget film.

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    CHECK THE LIST OF THE HIGHEST-GROSSING BOLLYWOOD FILMS EVER:

    1. Pathaan: Rs 378-380 (early estimate)
    2. Dangal: Rs 374.53 crore
    3. Tiger Zinda Hai: Rs 339 crore
    4. PK: Rs 337.72 crore
    5. Bajrangi Bhaijaan: Rs 315.49 crore

    Pathan 2023 Star Cast

    • Pathaan, a RAW agent, played by Shah Rukh Khan
    • John Abraham plays Jim, a former RAW agent who is now Outfit X’s boss.
    • As former ISI agent Rubina Mohsin, Deepika Padukone
    • Colonel Sunil Luthra is played by Ashutosh Rana.
    • General Qadir is played by Manish Wadhwa
    • Ingrid Kapadia
    • Ghegadmal, Siddhant
    • Rode Gautam
    • Georgia Chahal
    • Choudhary, Shaji
    • Diganta Hazarika as a Pathan ally
    • Avinash “Tiger” Singh Rathore, played by Salman Khan (cameo appearance)

    CHECK OUT THE DAY-WISE BOX OFFICE BREAKUP OF PATHAAN IN INDIA AFTER 10 DAYS:

    1. Wednesday: Rs 57 crore
    2. Thursday: Rs 70.5 crore
    3. Friday: Rs 39.25 crore
    4. Saturday: Rs 53.25 crore
    5. Sunday: Rs 60.75 crore
    6. Monday: Rs 26.5 crore
    7. Tuesday: Rs 23 crore
    8. Wednesday: Rs 18.25 crore
    9. Thursday: Rs 15.65 crore
    10. Friday: Rs 14.50-15.50 crore (early estimate)

    Total: Rs 378-380 crore (early estimate)

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    #Pathaan #Box #Office #Collection #Day #King #Claims #Throne #Replaces #Dangal #Biggest #Bollywood #Film #Kashmir #News

    ( With inputs from : kashmirnews.in )

  • Noise ColorFit Pulse 2: 1.8″ Biggest Display Smart Watch, 550 NITS Brightness, Sleek Metallic Body, HR, Sleep & Spo2 Monitoring, Upto 10 Days Battery Life, Calls & SMS Reply – Jet Black

    Noise ColorFit Pulse 2: 1.8″ Biggest Display Smart Watch, 550 NITS Brightness, Sleek Metallic Body, HR, Sleep & Spo2 Monitoring, Upto 10 Days Battery Life, Calls & SMS Reply – Jet Black

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    Noise ColorFit Pulse 2: 1.8" Biggest Display Smart Watch, 550 NITS Brightness, Sleek Metallic Body, HR, Sleep & Spo2 Monitoring, Upto 10 Days Battery Life, Calls & SMS Reply – Jet Black
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  • Biggest day of industrial action in Britain as teachers, workers strike over pay

    Biggest day of industrial action in Britain as teachers, workers strike over pay

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    London: Britain on Wednesday faced what has been dubbed the biggest industrial action in a decade as teachers, university lecturers, train and bus drivers and public sector workers went on a strike to demand better pay conditions.

    British Prime Minister Rishi Sunak’s official spokesperson admitted that the mass strike action will prove “very difficult” for the public.

    Teachers in England and Wales who are members of the National Education Union (NEU) are staging walkouts, affecting an estimated 23,000 schools. Estimates suggest around 85 per cent of schools in the regions will be fully or partially closed, impacting working parents over childcare.

    UK Education Secretary Gillian Keegan has insisted that “inflation-busting” pay rises are impossible even as talks remain ongoing.

    “I am disappointed that it has come to this, that the unions have made this decision. It is not a last resort. We are still in discussions,” the minister said.

    Train drivers from the RMT and Aslef workers’ unions are staging a strike in their long-running dispute over pay and conditions, including bus drivers in London. Around 100,000 civil servants employed in 124 government departments and other public sector bodies are also on strike in a dispute over better pay and working conditions.

    Workers’ unions have argued with employers for higher pay rises to combat record-high inflation and real-term cuts in income over the past decade.

    But ministers continue to insist increasing wages to higher levels would only fuel the cost-of-living crisis and hamper the Sunak-led government’s top priority of cutting down soaring inflation over the coming weeks and months.

    Further health sector strikes are planned next week, when nurses and ambulance workers take another round of strike action from February 6 over better wages and working conditions.

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    #Biggest #day #industrial #action #Britain #teachers #workers #strike #pay

    ( With inputs from www.siasat.com )

  • Hindenburg report on Adani: AAP demands probe into ‘biggest scam’

    Hindenburg report on Adani: AAP demands probe into ‘biggest scam’

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    New Delhi: The Aam Aadmi Party (AAP) on Tuesday termed the allegations of financial fraud against the Adani Group as the “biggest scam” and urged Prime Minister Narendra Modi to order “a fair probe” into the matter.

    In a letter to the prime minister, AAP Rajya Sabha MP Sanjay Singh also demanded that the passport of Adani Group’s founder and chairman Gautam Adani along with that of “all the important people concerned” be also confiscated so that they do not leave the country till the completion of the probe.

    The AAP’s demands came after a US-based firm, Hindenburg Research, last week released a report alleging that the Adani Group had “engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades”.

    The Adani Group’s listed companies have lost over USD 70 billion since the January 24 report that flagged high debt levels at the ports-to-energy conglomerate and the alleged use of offshore entities in tax havens.

    The group has denied all charges and threatened to sue the US firm.

    “This is the biggest scam committed by Narendra Modi’s closest friend. Lakhs of crores of money of the investors have gone down the drain due to this. Allegations levelled against the Adani Group are very serious and cause of worry for crores of people of this country,” Singh, who is also AAP’s national spokesperson, told a press conference.

    The AAP demands that “a fair and honest probe” be ordered into the matter so that truth comes out before the nation, he said.

    “We also demand a JPC (joint parliamentary committee) probe into the matter. We will raise this issue during the ongoing Budget Session of Parliament,” he added.

    Singh wrote to the prime minister on Monday, urging him to order a probe into the matter.

    In his five-page letter to the prime minister, Singh listed the allegations levelled by Hindenburg Research against the Adani Group and said the US firm’s report brings forth “several serious examples and proofs of how the Adani Group and its affiliates are cheating the government, regulators and investors.”

    With the US firm’s report, it has become “a very serious matter” and calls for immediate action, the AAP leader noted.

    “It is our demand that after registration of a case in this matter as soon as possible, an honest and a fair investigation into each and every aspect be started,” Singh said in his letter to the prime minister.

    The passports of all the important people concerned, including Adani Group’s founder and chairman Gautam Adani, should also be confiscated “so that all these people cannot leave the country until the investigation is complete and the truth comes out,” the AAP leader added.



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    #Hindenburg #report #Adani #AAP #demands #probe #biggest #scam

    ( With inputs from www.siasat.com )

  • The Great British Walkout: Rishi Sunak braces for biggest UK strike in 12 years

    The Great British Walkout: Rishi Sunak braces for biggest UK strike in 12 years

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    LONDON — Public sector workers on strike, the cost-of-living climbing, and a government on the ropes.

    “It’s hard to miss the parallels” between the infamous ‘Winter of Discontent’ of 1978-79 and Britain in 2023, says Robert Saunders, historian of modern Britain at Queen Mary, University of London.

    Admittedly, the comparison only goes so far. In the 1970s it was a Labour government facing down staunchly socialist trade unions in a wave of strikes affecting everything from food deliveries to grave-digging, while Margaret Thatcher’s Conservatives sat in opposition and awaited their chance. 

    But a mass walkout fixed for Wednesday could yet mark a staging post in the downward trajectory of Rishi Sunak’s Conservatives, just as it did for Callaghan’s Labour. 

    Britain is braced for widespread strike action tomorrow, as an estimated 100,000 civil servants from government departments, ports, airports and driving test centers walk out alongside hundreds of thousands of teachers across England and Wales, train drivers from 14 national operators and staff at 150 U.K. universities.

    It follows rolling action by train and postal workers, ambulance drivers, paramedics, and nurses in recent months. In a further headache for Sunak, firefighters on Monday night voted to walk out for the first time in two decades.

    While each sector has its own reasons for taking action, many of those on strike are united by the common cause of stagnant pay, with inflation still stubbornly high. And that makes it harder for Sunak to pin the blame on the usual suspects within the trade union movement.

    Mr Reasonable

    Industrial action has in the past been wielded as a political weapon by the Conservative Party, which could count on a significant number of ordinary voters being infuriated by the withdrawal of public services.

    Tories have consequently often used strikes as a stick with which to beat their Labour opponents, branding the left-wing party as beholden to its trade union donors.

    But public sympathies have shifted this time round, and it’s no longer so simple to blame the union bogeymen.

    Sunak has so far attempted to cast himself as Mr Reasonable, stressing that his “door is always open” to workers but warning that the right to strike must be “balanced” with the provision of services. To this end, he is pressing ahead with long-promised legislation to enforce minimum service standards in sectors hit by industrial action.

    GettyImages 1246663918
    Sunak has made tackling inflation the raison d’etre of his government, and his backbenchers are reasonably content to rally behind that banner | POOL photo by Oli Scarff/Getty Images

    Unions are enraged by the anti-strike legislation, yet Sunak’s soft-ish rhetoric is still in sharp relief to the famously bellicose Thatcher, who pledged during the 1979 strikes that “if someone is confronting our essential liberties … then, by God, I will confront them.”

    Sunak’s careful approach is chosen at least in part because the political ground has shifted beneath him since the coronavirus pandemic struck in 2020.

    Public sympathy for frontline medical staff, consistently high in the U.K., has been further embedded by the extreme demands placed upon nurses and other hospital staff during the pandemic. And inflation is hitting workers across the economy — not just in the public sector — helping to create a broader reservoir of sympathy for strikers than has often been found in the past. 

    James Frayne, a former government adviser who co-founded polling consultancy Public First, observes: “Because of the cost-of-living crisis, what you [as prime minister] can’t do, as you might be able to do in the past, is just portray this as being an ideologically-driven strike.”

    Starmer’s sleight of hand

    At the same time, strikes are not the political headache for the opposition Labour Party they once were. 

    Thatcher was able to portray Callaghan as weak when he resisted the use of emergency powers against the unions. David Cameron was never happier than when inviting then-Labour leader Ed Miliband to disown his “union paymasters,” particularly during the last mass public sector strike in 2011.

    Crucially, trade union votes had played a key role in Miliband’s election as party leader — something the Tories would never let him forget. But when Sunak attempts to reprise Cameron’s refrains against Miliband, few seem convinced.

    QMUL’s Saunders argues that the Conservatives are trying to rerun “a 1980s-style campaign” depicting Labour MPs as being in the pocket of the unions. But “I just don’t think this resonates with the public,” he added.

    Labour’s current leader, Keir Starmer, has actively sought to weaken the left’s influence in the party, attracting criticism from senior trade unionists. Most eye-catchingly, Starmer sacked one of his own shadow ministers, Sam Tarry, after he defied an order last summer that the Labour front bench should not appear on picket lines.

    Starmer has been “given cover,” as one shadow minister put it, by Sunak’s decision to push ahead with the minimum-service legislation. It means Labour MPs can please trade unionists by fighting the new restrictions in parliament — without having to actually stand on the picket line. 

    So far it seems to be working. Paul Nowak, general secretary of the Trades Union Congress, an umbrella group representing millions of U.K. trade unionists, told POLITICO: “Frankly, I’m less concerned about Labour frontbenchers standing up on picket lines for selfies than I am about the stuff that really matters to our union” — namely the government’s intention to “further restrict the right to strike.”

    The TUC is planning a day of action against the new legislation on Wednesday, coinciding with the latest wave of strikes.

    Sticking to their guns

    For now, Sunak’s approach appears to be hitting the right notes with his famously restless pack of Conservative MPs.

    Sunak has made tackling inflation the raison d’etre of his government, and his backbenchers are reasonably content to rally behind that banner.

    As one Tory MP for an economically-deprived marginal seat put it: “We have to hold our nerve. There’s a strong sense of the corner (just about) being turned on inflation rising, so we need to be as tough as possible … We can’t now enable wage increases that feed inflation.”

    Another agreed: “Rishi should hold his ground. My guess is that eventually people will get fed up with the strikers — especially rail workers.”

    Furthermore, Public First’s Frayne says his polling has picked up the first signs of an erosion of support for strikes since they kicked off last summer, particularly among working-class voters.

    “We’re at the point now where people are feeling like ‘well, I haven’t had a pay rise, and I’m not going to get a pay rise, and can we all just accept that it’s tough for everybody and we’ve got to get on with it,’” he said.

    More than half (59 percent) of people back strike action by nurses, according to new research by Public First, while for teachers the figure is 43 percent, postal workers 41 percent and rail workers 36 percent.

    ‘Everything is broken’

    But the broader concern for Sunak’s Conservatives is that, regardless of whatever individual pay deals are eventually hammered out, the wave of strikes could tap into a deeper sense of malaise in the U.K.

    Inflation remains high, and the government’s independent forecaster predicted in December that the U.K. will fall into a recession lasting more than a year.

    GettyImages 1245252842
    More than half (59 percent) of people back strike action by nurses, according to new research by Public First, while for teachers the figure is 43 percent, postal workers 41 percent and rail workers 36 percent | Joseph Prezioso/AFP via Getty Images

    Strikes by ambulance workers only drew more attention to an ongoing crisis in the National Health Service, with patients suffering heart attacks and strokes already facing waits of more than 90 minutes at the end of 2022.

    Moving around the country has been made difficult not only by strikes, but by multiple failures by rail providers on key routes.

    One long-serving Conservative MP said they feared a sense of fatalism was setting in among the public — “the idea that everything is broken and there’s no point asking this government to fix it.”

    A former Cabinet minister said the most pressing issue in their constituency is the state of public services, and strike action signaled political danger for the government. They cautioned that the public are not blaming striking workers, but ministers, for the disruption.

    Those at the top of government are aware of the risk of such a narrative taking hold, with the chancellor, Jeremy Hunt, taking aim at “declinism about Britain” in a keynote speech Friday.

    Whether the government can do much to change the story, however, is less clear.

    Saunders harks back to Callaghan’s example, noting that public sector workers were initially willing to give the Labour government the benefit of the doubt, but that by 1979 the mood had fatally hardened.

    This is because strikes are not only about falling living standards, he argues. “It’s also driven by a loss of faith in government that things are going to get better.”

    With an election looming next year, Rishi Sunak is running out of time to turn the public mood around.

    Annabelle Dickson and Graham Lanktree contributed reporting.



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    ( With inputs from : www.politico.eu )