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News

  • DCM fire in Rajendranagar

    DCM fire in Rajendranagar

    Hyderabad: In a shocking incident, a DCM vehicle carrying a load of plastic chairs caught fire at Rajendranagar on Monday.

    According to officials, the driver of the DCM noticed fire coming out from the vehicle’s rear side and after parking it on the roadside jumped out of it. The DCM went into flames within a few minutes.

    On receiving information, a fire tender from the local fire station rushed to the spot and the fire fighters doused the flames. The cause of the fire is being ascertained.

  • CC Hyderabad Launches Hyde Chapter

    CC Hyderabad Launches Hyde Chapter

    Global business networking organisation, Corporate Connections (CC Hyderabad) launched its first chapter recently in Hyderabad. The chapter aims to connect leaders around the world and empower them to create opportunities and bring meaningful change in their organisation and community.

    Dignitaries from various corporate worlds jointly participated in the event. Guest speaker Srinivas Rao Mahankali, CEO, T-Hub said, “T-Hub is the new Charminar of Hyderabad as a city that is rapidly growing with investments and interests from across the globe. Hyderabad is the vaccine capital of the world and proved itself during the pandemic. Its cordial people make it the destination beating even Bengaluru by close. I have observed that there is a paradigm shift of IT corporates to Hyderabad.”

    NiharYerubandi, Ananth Chaitanya Badhe and Ajay Manchukonda are the CC Hyderabad franchise owners. “This is a community for mutual growth because Hyderabad has a good ecosystem and many startups,” Executive Director (CC) NiharYerubandi said.

    KVT Ramesh, National Director (CC) said, “we need to connect and empower leaders with core values in order to excel as a catalyst for change and evolve in every sphere.”

  • G20 meeting to focus on infra investment

    G20 meeting to focus on infra investment

    Visakhapatnam: The second G20 Infrastructure Working Group (IWG) will deliberate on various aspects of infrastructure investments, including developing infrastructure as an asset class, promoting quality infrastructure investment and identifying innovative instruments for mobilising financial resources for infrastructure investment.

    Announcing this at a media conference, joint secretary of the Ministry of Finance Solomon Arokiaraj said the outcome of the Infrastructure Working Group feeds into the G20 Finance Track priorities and promotes infrastructure development. The second IWG meeting to be held in Visakhapatnam on March 28 and 29 will focus on the agenda for the Infrastructure Working Group under the Indian Presidency. The flagship priority to be discussed in this meeting includes ‘Financing Cities of Tomorrow: Inclusive, Resilient and Sustainable’, along with other priorities outlined in the 2023 Infrastructure Agenda, Solomon Arokiaraj mentioned.

    During the two-day G20 meeting, various official meetings and cultural programmes have been planned for the delegates. In addition to the formal discussions, the delegates will experience Visakhapatnam’s rich culture and beautiful landscapes. On the sidelines of the IWG meetings, a ’roundtable of international organisations to discuss infrastructure taxonomies’ will be organised in partnership with the Global Infrastructure Hub. This side event will witness participation of experts from key international organisations such as UNDP, OECD, IMF, ADB and EBRD. A capacity-building workshop for the G20 delegates will follow the two-day meetings on 30th March.

    The Ministry of Finance will steer the G20 Infrastructure agenda to ensure that the G20 acts as a global prime mover to envision new ideas and accelerate collective action.

  • Seminar on technological change in banking organized

    Seminar on technological change in banking organized

    Visakhapatnam: As a part of the Jan Bhagidari, a curtain raiser event held here on Monday, Reserve Bank of India, Andhra Pradesh Regional Office organised a seminar on the topic ‘technological transformation in banking- opportunities, issues and challenges’.

    India has assumed the G20 Presidency from December 1, 2022 and will continue till November 30, 2023. Under the ‘Finance Track’ of the Presidency, the Reserve Bank of India is working closely with the ministry of finance in conducting various meetings.

    The G20 Working Group meetings are being held in various cities and are attended by senior officials of G20, Central bank personnel, government officials, and international organisations.

    With the second Infrastructure Working Group Meeting to be held in Visakhapatnam on Tuesday and Wednesday, the events are aimed at taking G20 to the people of India from all walks of life and making it action oriented, which is also reflected in India’s G20 theme ‘VasudhaivaKutumbakam’ (one earth, one family, one future).

    The objective of the seminar was to educate the participating banks about the importance of technology in the banking sector and technological transformations which were taking place in the banking sector, both internationally and locally.

    As a part of this seminar, experts from IDRBT, Hyderabad and HDFC Bank were invited to cover the changing technological landscape in banking industry.

    The speakers shared their own experience with the changing technologies and the way it benefitted a large proportion of the Indian population. They also spoke about the innovations in payment system aided by technology which the Indian banking sector had pioneered. Further, they apprised the participants about looming cyber threats which accompanied the usage of new technologies and the preparedness required to counter such challenges.

  • young students celebrate convocation day

    young students celebrate convocation day

    Visakhapatnam: Wearing long gowns, students of Class V of Kendriya Vidyalaya-2 Nausenabaugh took part in the Convocation Ceremony 2023 celebrations.

    Principal of the school Nishikant Aggarwal gave away the certificates to the young graduates.

    Sharing tips on the upbringing of children, the principal underlined the concept of teaching them young. He spoke about how those passing out of the primary class groomed as confident students to face the next phase of the academic years.

    Impressive cultural programmes staged by the students enthralled the audience and concluded with KVS anthem.

    Headmistress M Venkat Lakshmi, among others, participated.

  • BRS will present an adjournment motion in Parliament today

    BRS will present an adjournment motion in Parliament today

    BRS MPs moved adjournment motion in the Parliament on Tuesday, demanding the tabling and passing of the Women’s Reservation Bill.

    The BRS floor leader Nama Nageswara Rao gave the adjournment motion in Lok sabha. The MPs in the adjournment motion also request for an all party meeting to discuss the Women’s Reservation Bill.

    MLC Kavitha from BRS party earlier this month sat on a day long protest at Jantar Mantar, demanding the introduction of the Women’s Reservation Bill.

    Bharat Jagruthi led by MLC Kavitha organised round table conference in New Delhi that witnessed participation of over 15 political parties, civil society organisations and student community.

    MLC Kavitha led Bharat Jagruthi would soon be launching a ‘Missed Call Campaign’ to further the demand for Women’s Reservation Bill. Along with the campaign, there will also be round table discussions in colleges and universities across India to discuss the need for tabling and passing of Women’s Reservation Bill.

  • G-20 summit begins in a grand manner in Visakhapatnam

    G-20 summit begins in a grand manner in Visakhapatnam

    With the succes of The Global Investors Summit (GIS) held on the 3rd and 4th of this month in Visakhapatnam and attracted the attention of the country and abroad, Visakhapatnam city is now geared up for G-20 conference and the conference bhas begun in gradeur.

    The conference will be held in Visakhapatnam on 28th, 29th, 30th and 31st under the theme One Earth, One Family, One Future with 57 representatives from G-20 countries and European countries have reached Visakha for this four-day conference at Radisson Blue Hotel in the city.Special cultural groups have been prepared to welcome the guests.

    The second meeting of the Infrastructure Working Group (IDABUG) of G-20 countries will be held as part of G 20 conference today.

    In the wake of the G-20 summit, the police force has taken strict measures to prevent any untoward incident in the city. Security has been beefed up with around 2,500 policemen. Personnel from Srikakulam, Parvathipuram Manyam and Vizianagaram districts were also brought in for the rescue. Strict arrangements have been made without disrupting the traffic.

  • India net security provider, protector of territory: Sri Lankan President

    India net security provider, protector of territory: Sri Lankan President

    Colombo (IANS) | Sri Lankan President Ranil Wickremesinghe said India is a net security provider and protector of the region. Participating in an online interview conducted by Harvard University, President Wickremesinghe said that as a small country with a strong democratic tradition and an open economy, Sri Lanka has always maintained its political independence and the longest relations with its closest Neighboring India is seen as the savior of the region.

    He said, “The other sticky issue, which we have to take into account, is the big power rivalry smoldering in the Indian Ocean, while our island has always maintained its political independence, India is considered the net security provider in the region and Sri Lanka is the immediate neighbor of.”

    Wickremesinghe took over as the President of Sri Lanka after a serious political upheaval. The country was going through its worst economic crisis ever and public outcry forced former President Gotabaya Rajapaksa to flee the country.

    Wickremesinghe said Sri Lanka’s objective was not big power rivalry in the region.

    “We all want to make sure that we all work with India, China, America, Japan and everyone else,” he said.

    He also emphasized that Sri Lanka would like to see that there is no conflict between India and China and between India and Pakistan.

    Wickremesinghe said, “It is the most tense place in the world with three nuclear powers. None of us want to be in a situation where we have to choose between India and China if there is a confrontation.”

    He said, “Then comes the third question about Sri Lanka and India and China. So far I think India and China want this issue to be bilateral and they have held it. Maybe indirectly by Russia and others intervened.”

    President Wickremesinghe clarified, “Our job is to ensure that there is no confrontation and easing of relations. Now, it is going to be a difficult task when the Quad is working on one side and China on the other. West, Russia And although the scale of the conflict between China and India is in our part of the world, we are not involved in the Ukraine issue and have refrained from taking sides.”

    He said, “The UK should not have a presence in the Indian Ocean and the Pacific, because its military power could make things worse. I think in this region we will manage somehow. We don’t want things to get worse.” And we all want to make sure that we all work with India, China, America, Japan and everyone else.”

    Responding to a question on the growing competition in the region between China and other countries, President Wickremesinghe said that Sri Lanka maintains close ties with all the members of the Quad and China as well.

    –IANS

  • Controversial Israeli judicial reform bill now in next Knesset session: Netanyahu

    Controversial Israeli judicial reform bill now in next Knesset session: Netanyahu

    Jerusalem (IANS) | Israeli Prime Minister Benjamin Netanyahu announced on Monday that his government would delay his controversial justice bill until the next parliamentary session, facing growing opposition, including from at least one minister. In a televised address to the nation, he said the delay stems from a desire to reach a broad consensus, the BBC reported.

    As protests erupted and calls for a general strike, flights out of Tel Aviv were halted and McDonald’s closed, Netanyahu called on protesters to behave responsibly and refrain from violence.

    Not long ago, the major party in the governing coalition—the far-right Jewish Power Party—said it had agreed to withdraw the delay in the law if it were presented to Israel’s parliament in its next session.

    In his address, Netanyahu said that Israel currently has two camps and that the country “does not need” this tension to continue. He said that some people are rejecting military service, which in itself is a big crime.

    It came as the Israel Army called on soldiers to continue their duty and act responsibly amid social divisions over the government’s plans to overhaul the judiciary. There were reports that many refused to appear for compulsory military service.

    Netanyahu also said that his government would never accept a civil war and that he was facing a crisis that posed a real threat to national unity. Netanyahu said he is trying to find a solution because the country is at a dangerous crossroad.

    He alleged that extremist minorities were out to divide the country and that the crisis forced everyone to act responsibly.

    –IANS

  • Delhi Police foils extortion attempt, 2 arrested

    Delhi Police foils extortion attempt, 2 arrested

    New Delhi (IANS) | The Special Cell of Delhi Police has solved a blind case of extortion within three days of the incident and arrested two members of the gang. DCP Special Cell (South Western Range) Injit Pratap Singh said that the accused, identified as Dinesh Kumar Sah and Kishore, had demanded extortion of Rs 50 lakh from a businessman named Bahadur Singh Rawat.

    Kishore, a resident of Mangolpuri, suggested Dinesh to use the name of gangster Neeraj Bawana, who is from the same area.

    Initially, a case was registered in this regard at Khyala police station, but in view of the sensitivity of the case, the investigation was transferred to the special cell.

    The DCP said, “We checked the CCTV footage of the area and identified the scooty being used by the accused. Thereafter the ownership of the vehicle was checked and the same was found registered in the name of Dinesh Kumar Sah. Scooty was traced was traced and with the help of human resources and technical surveillance, its owner was identified and the vehicle was finally traced.”

    After the arrest, Kishore revealed that the scooty belonged to Dinesh who was the mastermind of the crime. After this Dinesh was arrested from Peeragarhi.

    The DCP said, “After lengthy interrogation and analysis of call detail records, it was found that the complainant is the owner of an MCB manufacturing firm, Elixir Engineering & Electrical Industries. Dinesh is also in the same business running ‘SAH Enterprises’.”

    He said, “About 10 years back, Dinesh was working as a laborer in the firm of the complainant Bahadur Singh Rawat and later he left the job on petty issues. Due to enmity and greed, Dinesh along with his laborer Kishore killed Bahadur Singh Rawat. conspired to extort money from

    –IANS