Author: Deshwale Editorial Desk

The Bombay High Court has questioned the Brihanmumbai Municipal Corporation (BMC) over the requirement of domicile certificates for street vendors in Mumbai. This requirement has sparked debates about its impact on the livelihoods of thousands of hawkers and its legal implications. Several hawkers’ unions have argued that the rule disqualified around 70,000 street vendors from voting in the town vending committee elections. They claim this exclusion threatens their right to earn a living, as committee decisions directly affect hawking zones and licensing. The court raised concerns about the legal basis for the domicile rule and its potential to discriminate against…

As online dating grows in popularity, so do the risks associated with AI-driven deception. A new study by McAfee reveals that 61% of Indians believe it is possible to develop romantic feelings for an AI chatbot. The report also highlights increasing incidents of deepfake scams, fraudulent profiles, and impersonation of celebrities, making it difficult for online daters to differentiate between genuine and deceptive interactions. AI Chatbots and Romance: A Rising Concern With the rise of artificial intelligence in digital spaces, online romance scams have become more sophisticated. According to McAfee’s study: Preferred Platforms for Online Dating Social media has emerged…

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in the Lok Sabha, aiming to replace the Income Tax Act of 1961. The Bill seeks to simplify tax laws, making them more understandable for taxpayers while reducing litigation. This marks a significant overhaul of India’s tax system, which has remained largely unchanged for over six decades. Key Highlights of the Income Tax Bill 2025 Impact of the Income Tax Bill 2025 The proposed Bill is expected to simplify tax compliance, improve transparency, and align Indian tax laws with global best practices. The introduction of the ‘tax year’ concept and…

કોમોડિટી વાયદાઓમાં રૂ. 9551 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 71472 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 6956 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 20302 પોઇન્ટના સ્તરે દેશના અગ્રણી કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર વિવિધ કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 81024.20 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 9551.22 કરોડનાં કામકાજ થયાં હતાં, જ્યારે કોમોડિટી ઓપ્શન્સમાં રૂ. 71472.48 કરોડનું નોશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ ફેબ્રુઆરી વાયદો 20302 પોઇન્ટના સ્તરે પહોંચ્યો હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 756.21 કરોડનું થયું હતું. કીમતી ધાતુઓમાં સોના-ચાંદીના વાયદાઓમાં રૂ. 6956.20 કરોડનાં કામકાજ થયાં હતાં. એમસીએક્સ સોનું એપ્રિલ વાયદો 10 ગ્રામદીઠ રૂ.…

The Multi Commodity Exchange of India (MCX), India’s leading commodity derivatives exchange, reported a total turnover of ₹81,024.2 crore across various futures and options contracts on 12 February 2025, as of 5:00 PM. This includes ₹9,551.22 crore from commodity futures and ₹71,472.48 crore (notional) from options on commodity futures. Bullion:In the precious metals segment, gold and silver variants collectively registered a turnover of ₹6,956.20 crore. Gold: The GOLD Apr-25 futures contract declined by 0.67% to ₹84,950 per 10 grams. The contract saw a turnover of ₹3,350.48 crore with a volume of 3,941 lots and an open interest (OI) of 17,304…

Prime Minister Narendra Modi recently visited Marseille, France. His visit has rekindled interest in a significant episode from India’s struggle for independence. Marseille holds a special place in Indian history due to its association with Vinayak Damodar Savarkar, a prominent freedom fighter. Let us delve into Savarkar’s connection to Marseille, his life and legacy, and the controversies surrounding him. Veer Savarkar’s Connection to Marseille On 8 July 1910, while being transported from London to India aboard the SS Morea, Savarkar attempted a daring escape during the ship’s stopover in Marseille. He sought asylum on French soil, aiming to elude British…

India took part in the 63rd session of the Commission for Social Development (CSoCD), held from 10 to 14 February 2025 in New York, USA. Smt. Savitri Thakur, Minister of State for the Ministry of Women and Child Development, led the Indian delegation. The session facilitated discussions on global social development challenges, with a focus on inclusive policies and social well-being. Representatives from 49 countries, including ministers from 16 nations such as France, Türkiye, Saudi Arabia, and Sweden, participated. India’s Address at the Ministerial Forum On 11 February, Smt. Savitri Thakur delivered India’s statement at the Ministerial Forum, addressing the…

Steel Authority of India Limited (SAIL) has declared its financial results today for the quarter and nine month ending 31st December, 2024. Key highlights: Performance of Q3 FY 25 (Standalone) at a glance: UnitQ3 23-24Q2 24-25Q3 24-25Crude Steel ProductionMillion Tonne4.754.784.63Sales VolumeMillion Tonne3.814.104.43Revenue from OperationsRs. Crore23,34524,67524,490Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)Rs. Crore2,3193,1742,389Profit Before Exceptional Items and TaxRs. Crore3841,113289Exceptional ItemsRs. Crore76029Profit Before Tax (PBT)Rs. Crore4611,113318Profit After Tax (PAT)Rs. Crore331834126 Performance of 9M FY 25 (Standalone) at a glance: Unit9M 23-249M 24-25Crude Steel ProductionMillion Tonne14.2214.08Sales VolumeMillion Tonne12.4612.54Revenue from OperationsRs. Crore77,41773,162Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)Rs. Crore8,4517,983Profit Before Exceptional Items and…

Mumbai’s bustling traffic is about to get a little smoother, thanks to a new rule at Dahisar Toll Naka. To ease congestion during peak hours, heavy vehicles are now banned from passing through this toll. This change targets the busiest morning hours, aiming to make daily commutes less hectic for regular travellers. If you’re driving a heavy vehicle, plan ahead! Authorities have requested operators to adjust their schedules to avoid the restricted times. This initiative is expected to reduce bottlenecks and improve overall traffic flow, benefiting thousands of commuters every day. The move is part of Mumbai’s broader strategy to…

Chandrakishore Prasad The Kumbh Mela, one of the world’s largest religious gatherings, is steeped in ancient mythology, tracing its origins to the legend of the Samudra Manthan – the churning of the ocean. According to Hindu mythology, during this great churning, fourteen divine treasures emerged, with the last and most precious being the pot of Amrit – the Amrit of immortality. The celestial physicians, the Ashwini Kumaras, proclaimed that even a single drop of this Amrit would grant immortality. Naturally, this sparked a fierce battle between the gods (Devas) and the demons (Asuras), both of whom were involved in the…