Tuesday, 31 October 2023
As Trump tried to buy Buffalo Bills, bankers doubted he'd get NFL's OK, emails show at fraud trial
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Massive windfarm project to be built off Virginia coast gains key federal approval
Monday, 30 October 2023
Spending passes $17M in Pennsylvania high court campaign as billionaires, unions and lawyers dig in
Tennessee governor, congressman discuss safety on visit to Jewish school that foiled armed intrusion
Judge wants to know why men tied to Gov. Whitmer kidnap plot were moved to federal prisons
Doctors could revive bid to block Arizona ban on abortions performed due to genetic abnormality
Sunday, 29 October 2023
Biden will visit a Minnesota family farm this week as top officials kick off stops in rural America
4 people, including 2 students, shot near Atlanta college campus
POLL ALERT: Oklahoma slips to No. 10; Kansas and K-State enter rankings; No. 1 Georgia and rest of top five hold steady
Saturday, 28 October 2023
South Africa wins the Rugby World Cup after beating New Zealand 12-11
India Imposes $800 Per Tonne Minimum Export Price On Onion
The government on Saturday imposed a minimum export price (MEP) of USD 800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices.
The decision will come into effect from October 29.
Besides, the government has also announced the procurement of additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured.
The MEP is there for all varieties of onion except Bangalore Rose and Krishnapuram onions; and for cut, sliced, or broken in powder forms.
"Exports of onions is free. MEP of USD 800 FOB (free on board) per tonne is imposed till December 31, 2023," the Directorate General of Foreign Trade said in a notification.
An official statement said that the step will help in maintaining sufficient availability of onion to domestic consumers at affordable prices as the quantity of stored Rabi 2023 onion is declining.
The USD 800 per tonne MEP translates into about Rs 67 per kg.
Onion from the buffer has been disposed continuously since the second week of August in major consumption centres all over the country, and also supplied to retail consumers at Rs 25 per kg through mobile vans operated by NCCF and NAFED.
"Till date about 1.70 lakh metric tonne of onion has been disposed from the buffer. The continuous procurement and disposal of onion from the buffer are undertaken to moderate the prices for consumers while ensuring remunerative prices to the onion farmers," the statement said.
The DGFT notification added that certain onion consignments will be allowed to be exported without MEP and that included consignments that have been handed over to the Customs before this notification and is registered in their system.
Onion consignment that has entered the Customs station for exportation before this notification and is registered in the electronic systems of the concerned custodian of the Customs station with verifiable evidence of date and time stamping of these commodities having entered the customs station prior to the issuance of this notification is also permitted to be exported.
It added that export duty will not be refunded, if paid.
Onion prices have further risen to Rs 65-80 per kg in the retail market of the national capital on lower supply.
Mother Dairy, which has around 400 Safal retail stores in Delhi-NCR, is selling loose onions at Rs 67 per kg. E-commerce portal Bigbasket is selling at Rs 67 per kg, while Otipy at Rs 70 per kg.
Local vendors are selling onions at Rs 80 per kg.
Mother Dairy was selling onions at Rs 54-56 per kg on Wednesday and now the rates have touched Rs 67 per kg.
With the rise in retail prices, the Centre on Friday decided to step up the sale of buffer onion at a subsidised rate of Rs 25 per kg in retail markets in order to provide relief to consumers.
According to the Department of Consumer Affairs data, on Saturday the all-India average retail price of onion is Rs 45 per kg, but the maximum price is Rs 80 per kg. In Delhi, the average price is ruling at Rs 75 per kg.
According to the ministry, onion is being offloaded from the buffer stock in both wholesale and retail markets in those states where there is a sharp rise in prices.
Since mid-August, about 1.7 lakh tonnes of buffer onion has been offloaded in 22 states at different locations.
In retail markets, buffer onion is being offloaded through two cooperative bodies NCCF and NAFED outlets and vehicles at a subsidised rate of Rs 25 per kg.
In Delhi too, buffer onion is being sold at this subsidised rate.
A senior government official said the delay in kharif onion sowing due to weather reasons has resulted in less coverage and late arrival of the crop.
The fresh kharif onion should have started arriving by now but it has not.
With stored rabi onion getting exhausted and due to delay in the arrival of the kharif onion, there is a tight supply situation, resulting in price increases in both wholesale and retail markets, the official added.
He also mentioned that the government has doubled the buffer onion stock for the current year and this should improve domestic availability and check prices in the coming days.
For the 2023-24 fiscal year, the consumer affairs ministry through NCCF and NAFED has maintained a buffer onion stock of 5 lakh tonnes and plans to procure an additional 2 lakh tonnes of onion in the coming days.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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Former Vice President Mike Pence drops his bid for the Republican presidential nomination
Friday, 27 October 2023
Live Updates | Authorities name all 18 Maine mass shooting victims and lift shelter-in-place order
Maine's officials have lifted a shelter in place order as they search for the suspect in the Lewiston massacre
Maine's close-knit deaf community is grieving in the wake of shootings that killed 4 beloved members
The victims of a mass shooting in Maine ranged in age from 14 to 76, medical examiner says; names not yet released
Thursday, 26 October 2023
Missouri nonprofit director stole millions from program to feed needy kids, indictment alleges
Police in Illinois fatally shoot sledgehammer-wielding man after reported domestic assault
Gunman opens fire on city of Buffalo vehicle, killing one employee and wounding two others
Wife of ex-Alaska Airlines pilot says she's in shock after averted Horizon Air disaster
Wednesday, 25 October 2023
White House wants more than $23 billion from Congress to respond to natural disasters
Tennessee attorney general sues federal government over abortion rule blocking funding
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Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025
Tuesday, 24 October 2023
Bagged, precut onions linked to salmonella outbreak that has sickened 73 people in 22 states
Oregon State University gives all clear after alerting bomb threat in food delivery robots
States sue Meta claiming its social platforms are addictive and harm children's mental health
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California regulators suspend San Francisco robotaxi service for safety reasons
Monday, 23 October 2023
US Forest Service sued over flooding deaths in the wake of New Mexico's largest recorded wildfire
Bitcoin Nears $31,000 Mark. Here Are The Reasons For Its Recent Boom
Cryptocurrency Bitcoin is witnessing a boom and the coin managed to gain 2.19 per cent and traded at $30,543.48 on Monday. The value of the largest cryptocurrency by circulation went up by over 9.5 per cent in the past seven days and is nearing the $31,000 mark now.
Bitcoin price witnessed sluggish growth and lost significant value in the crypto crashes in recent years. Bitcoin managed to attain an all-time high of $68,789.63 on November 10, 2021, before it started dropping in value. The tables have turned now owing to the recent surge rally in the crypto domain.
At the time of writing, Bitcoin held a market capitalization of $596.19 billion, up by 2.2 per cent, according to CoinMarketCap statistics. In addition, the 24-hour trade volume saw a substantial hike of 22.5 per cent and was recorded at $16.14 billion. In the past month, the cryptocurrency behemoth gained 14.91 per cent in value.
October has proven to be a lucky month for Bitcoin, aka BTC, and the entire crypto market. In October, Bitcoin price shot up by about 12.7 per cent.
The recent Bitcoin surge can be attributed to several key factors. At first, the market for crypto rallied on October 21 and led to the liquidation of about $64 million in short positions in the span of 24 hours. This liquidation, including a staggering figure of $2.53 million on the crypto trading app Binance forced short-sellers to cover their positions, thereby adding to the Bitcoin demand.
In addition, US Federal Reserve Chair Jerome Powell's hints of possible suspension of interest rate hikes may have also had an immediate effect on Bitcoin price.
According to a report by Coinpedia, on October 19, Bitcoin surged by about 3.7 per cent after Powell's remarks.
Apart from the above mentioned factors, the crypto market sentiment was further boosted by a drop in charges against Ripple executives in the XRP vs SEC lawsuit. The XRP price rose over 8 per cent on Thursday and likely affected Bitcoin's price as well, considering that cryptocurrency is an integrated market.
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Sunday, 22 October 2023
Search for suspect in fatal shooting of Maryland judge continues for a fourth day
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
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Saturday, 21 October 2023
Shooter gets 23 years to life for ambushing NYC police twice in 12 hours, wounding 2
Hurricane Norma makes landfall near resorts of Los Cabos on Mexico’s Baja California peninsula
Friday, 20 October 2023
Marine fatally shot at Camp Lejeune was 19 and from North Carolina, the base says
Owner of California biolab that fueled bio-weapons rumors charged with mislabeling, lacking permits
US warns of a Russian effort to sow doubt over the election outcomes in democracies around the globe
Thursday, 19 October 2023
US intelligence estimates toll in Gaza hospital blast on “low end” of 100-300, calls loss of life “staggering.”
Trial of a man accused of killing a New Hampshire couple on a hiking trail nears conclusion
Maryland police officer suspended after arrest on Capitol riot charges
US Navy warship in Red Sea intercepts three missiles heading north out of Yemen
Wednesday, 18 October 2023
Midair collision between hang glider and paraglider in Utah kills 1, injures 2 others
Search continues for inmate who escaped from Houston courthouse amid brawl in courtroom
Tuesday, 17 October 2023
Live updates | Jordan loses 20 Republicans in speaker's vote, creating uphill climb to win gavel
Deer struggling in cold Alaskan waters saved by wildlife troopers who give them a lift in their boat
Cleanup cost for nuclear contamination sites has risen nearly $1 billion since 2016, report says
Ex-Michigan gubernatorial candidate sentenced to 2 months behind bars for Capitol riot role
Monday, 16 October 2023
Pepper X marks the spot as South Carolina pepper expert scorches his own Guinness Book heat record
Sunday, 15 October 2023
Son of banana tycoon takes lead with 51% of votes counted in Ecuador’s presidential runoff election
Actor Suzanne Somers, who played Chrissy Snow on past US TV sitcom “Three’s Company,” has died at 76, publicist says
Exit poll says Poland's governing conservative party wins most votes but is unlikely to have a parliamentary majority
POLL ALERT: Washington jumps into top 5 for first time in 6 years after beating Oregon, Air Force moves into rankings
Saturday, 14 October 2023
Ohio's Hopewell Ceremonial Earthworks mark UNESCO World Heritage designation
A teen's death in a small Michigan town led the FBI and police to an online sexual extortion scheme
3 dead after a shooting at a party at a Denver industrial storefront
Friday, 13 October 2023
Schumer says he's leading a bipartisan group of senators to Israel
Georgia woman sentenced to 30 years in prison in child care death of 4-month-old
Advocacy group says a migrant has died on US border after medical issue in outdoor waiting area
Federal, local officials agree on $450 million deal to clean up Milwaukee waterways
Thursday, 12 October 2023
UN suspends and detains 8 peacekeepers in Congo over allegations of sexual exploitation
Wednesday, 11 October 2023
Ex-NFL player Sergio Brown arrested in Southern California in connection to mother's slaying
Man who found bag of cash, claimed finders-keepers, pays back town, criminal charge dropped
California law banning large-capacity gun magazines likely to survive lawsuit, court says
Rare birdwing butterflies star in federal case against NY man accused of trafficking insects
Tuesday, 10 October 2023
Less than 24 hours after hitting picket lines, Canadian auto workers reach tentative agreement with General Motors
New indictment charges Rep. George Santos with stealing donor IDs, making unauthorized charges to their credit cards
Kari Lake wants to be elected to the Senate. She also wants to keep fighting the election she lost
Israeli military says about 1,500 bodies of Hamas militants have been found in Israeli territory
Wall Street Journal reporter loses appeal and will stay in a Russian jail at least through November
Former Alabama lawmaker pleads guilty to voter fraud charge for using fake address to run for office
Hughes Van Ellis, youngest known survivor of Tulsa Race Massacre, dies at 102
Oklahoma judge dismisses case of man who spent 30 years in prison for Ada rape
White House condemns a violent crash at the Chinese Consulate in San Francisco
Monday, 9 October 2023
Former Texas congressman Will Hurd suspends his Republican presidential bid, endorses Nikki Haley
Ted Schwinden, who served two terms as Montana governor, dies at age 98
Mast snaps aboard historic Maine schooner, killing 1 and injuring 3
Sunday, 8 October 2023
Tourism resuming in West Maui near Lahaina as hotels and timeshare properties welcome visitors
Shooting at Pennsylvania community center kills 1 and injures 5 victims
Saturday, 7 October 2023
Former Tropical Storm Philippe's remnants headed to waterlogged New England and Atlantic Canada
Israeli rescue service confirms at least 22 people killed in Hamas incursion
California Gov. Gavin Newsom vetoes bill that would have decriminalized psychedelic mushrooms
Friday, 6 October 2023
Mississippi Democrat Brandon Presley aims to rally Black voters in governor's race
Arkansas jail inmates settle lawsuit with doctor who prescribed them ivermectin for COVID-19
A Florida man who shot down a law enforcement drone faces 10 years in prison
Judge denies temporary bid for out-of-state help for North Dakota congressional age limit measure
Thursday, 5 October 2023
Man with handgun seeking Wisconsin Gov. Tony Evers arrested in state Capitol, posts bail and returns with assault rifle
US moves closer to underground testing of nuclear weapons stockpile without any actual explosions
Who might replace McCarthy as House speaker? What are Republicans already demanding for their vote?
India Among Top 3 Nations With Highest 5G Base, Remarkable: Nokia CEO
The 5G network rollout in India has been remarkable and the country is among the top three nations with the largest 5G installed base in the world, a top Nokia official said on Thursday. Nokia President and CEO Pekka Lundmark was addressing an event during the inauguration of the company's 6G research lab in Bengaluru.
"5G rollout in India is truly remarkable. This has been one of the fastest telecom network roll-outs ever and means India is now among the top three countries in the world that have the largest 5G installed base, with 5G download speeds beating those found in many advanced markets," Lundmark said.
While there has been a decline in telecom gear shipment across major geographies, the 5G rollout in India has been able to offset a dip in the business of Ericsson and Nokia.
Nokia posted 333 per cent growth in India sales at about Rs 9,500 crore in the June quarter of 2023.
Ericsson reported 74 per cent growth in net sales in the June 2023 quarter in "South East Asia, Oceania and India" to around Rs 10,700 crore of which around 90 per cent of its business comes from India.
Reliance Jio and Bharti Airtel are expected to invest about Rs 75,000 crore in the current financial year to strengthen their networks, according to a report by JM Financial.
According to the report, Jio may invest around Rs 42,000 crore and Bharti Airtel around Rs 33,000 crore in FY24, but the investment will taper down after their 5G network rollout target is met as per their announcement.
"We are satisfied with this work so far - but there is still more to do. We will continue to support India's digital transformation across industry, society and public services," Lundmark said.
Nokia's 6G Lab was inaugurated virtually by Union Telecom Minister Ashwini Vaishnaw.
The first-of-its-kind project aims to accelerate the development of fundamental technologies and innovative use cases underpinned by 6G technology that will address the future needs of both industry and society.
Nokia's 6G lab will function as a platform for collaboration among industry stakeholders and facilitate the testing of innovative solutions while establishing their potential for commercialisation.
The lab includes a setup to research 'Network as a Sensor' technology that enables the network to sense objects, people and movement without the need for onboard sensors.
In the 6G era, 'Network as a Sensor' has been identified as a key enabling technology that supports the vision of bringing the digital and physical worlds together, Nokia said in a statement.
Sensing will be fully integrated into the wireless network and operate simultaneously with communication services.
"Nokia's experts at its Bengaluru centre will support India's ambition to make notable contributions towards global 6G technology standards. Further, it is in the process of building research collaborations with premier research institutes in India like IISc and IITs to further scale up the 6G research initiative in India," the statement said.
Last month, India's vision to have ubiquitous coverage under 6G technology was accepted by UN body ITU's Study Group in its meeting held in Geneva -- a move that is expected to reduce the cost of deployment of the next-generation technology.
The International Telecommunication Union (ITU) decides on the development of international mobile telecommunication standards after coordination with its member countries, technology companies and other stakeholders.
India has already secured more than 200 patents on 6G technology through Industry and academic collaboration with the support of the Department of Telecom.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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Wednesday, 4 October 2023
Tennessee Dem Gloria Johnson raises $1.3M, but GOP Sen. Marsha Blackburn doubles that in Senate bid
Aggravated assault charges filed in case of motorcyclist seen smashing in back of woman’s car
Environmentalists suffer another setback in fight to shutter California's last nuclear power plant
A man charged with voter fraud in Florida blames rivalry between Trump and DeSantis supporters
Tuesday, 3 October 2023
Kansas police chief who led raid on small weekly newspaper has resigned, official says
New Mexico Attorney General has charged a police officer in the shooting death of a Black man
'Tennessee Three' Democrat sues over expulsion and House rules that temporarily silenced him
Gun evidence is focus at the trial of a man accused of killing New Hampshire couple on hiking trail
Monday, 2 October 2023
Government sues Union Pacific over using flawed test to disqualify color blind railroad workers
Elon Musk facing defamation lawsuit in Texas over posts that falsely identified man in protest
Selma Blair helps White House salute landmark disability legislation
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