MINISTRY OF ROAD TRANSPORT & HIGHWAYS  

Notification issued for greater facilitation of citizens in the issue of International Driving Permit (IDP) across the country (AUG 29, 2022)

India, being a signatory to Convention on International Road Traffic of 1949 (Geneva Convention), is required to issue IDP as provided under this Convention, for the acceptance of the same on reciprocal basis with other countries.  

Now, through this amendment, the format, size, colour etc. for IDP has been standardized for issuance across India, and in adherence to the Geneva Convention.

For Copy of Gazette Notification, Click Here

For Press Release, Click Here

DELHI HC 

Antrix case: Delhi High Court sets aside Rs 15,000-crore arbitral award in favour of Devas Multimedia (AUG 29, 2022)

In a significant win for the Centre, the Delhi High Court has overturned a judgement by the International Chamber of Commerce ordering Antrix — the commercial arm of ISRO — to pay Devas Multimedia Private Limited over Rs 15,000 crore in damages and interest. 

The Delhi High Court held that the the impugned award dated September 14, 2015 suffers from patent illegalities & fraud and is in conflict with Public Policy of India.

For Details, Click Here

BUSINESS NEWS 

Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani tells shareholders (AUG 29, 2022)

Reliance became India’s first corporate to cross $100 billion in annual revenues, said Ambani. It’s consolidated revenues grew 47 per cent to $104.6 billion and its annual consolidated EBITDA crossed a crucial milestone of ₹1.25 lakh crore.

For Details, Click Here

NEWS AT GLANCE 

  • Telecom and IT Minister Ashwini Vaishnaw says government is likely to introduce Data Protection Bill in Budget Session of Parliament.  
  • Prime Minister Narendra Modi says 50 percent of India's energy production will be met by non-fossil fuel by 2030.
  • NASA is counting down to the lift-off of its giant new Moon rocket, Artemis I.

WORD OF THE DAY 

Imperium in imperio - A sovereignty within a sovereignty. For example - shadow government.

MARKET TODAY (as on 29.08.2022)

BSE SENSEX               57,972.62 ▼ 861.25 (1.46%)        

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1 US Dollar = 79.94 Indian Rupee (Last updated · 29 August at 2:24 pm UTC)

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