Volkswagen plans to lay off thousands of workers and close at least three factories in Germany as part of a big restructuring effort. This decision comes amid rising pressures from low demand and competition in the electric vehicle market, increasing tensions between management and workers.
In his 115th Mann Ki Baat talk, Prime Minister Modi warned about "digital arrest" scams, stressing that no government agency will reach out to people through video calls. He highlighted the need for awareness and asked schools to teach kids about online safety. Modi also shared plans to celebrate the 150th anniversaries of Sardar Patel and Birsa Munda and talked about India's advancements in animation and virtual reality.
Authorities found a huge scam involving a fake company in Pune, registered under an auto rickshaw driver's name, with fraud estimates between Rs 5,000 and Rs 8,000 crores. The main suspect, Ashrafbhai Ibrahimbhai Kalavadiya, set up 246 fake GST firms and tricked many people in the process.
Uttar Pradesh’s Authority for Advance Ruling (UPAAR) decided that supplying manpower to foreign clients who don't have a permanent office in India will lead to Goods and Services Tax (GST). This ruling affects companies like Pacific Staffing Solutions that offer staffing services to overseas clients while operating in India.
Shantanu Naidu, a close friend of Ratan Tata, is named in Tata's ₹10,000 crore will. He will inherit part of Goodfellows and will not have to worry about education costs. The will also includes valuable properties and arrangements for Tata's pet dog, Tito.
The United States recently sent a large group of illegal Indian immigrants back to India on a chartered flight. This action is part of ongoing efforts to work with India to reduce illegal migration and tackle human smuggling. The Department of Homeland Security (DHS) stressed its commitment to enforcing immigration laws and encouraging legal ways to migrate.
Nirmala Sitharaman, India's Finance Minister, asked for more help from international financial institutions at the G7 African Ministerial Roundtable. She stressed the importance of boosting lending from Multilateral Development Banks to meet Sustainable Development Goals and improve development finance in Africa.
A Congress MLA from Telangana, Anirudh Reddy, has called for banning Andhra leaders from entering Telangana after the Tirumala temple rejected letters from Telangana MLAs. He questioned Andhra Chief Minister Chandrababu Naidu's dedication to Telangana amidst ongoing debates about temple practices.
The National Investigation Agency (NIA) has started looking into four recent train derailments to check for possible sabotage. Investigators found items like gas cylinders and cement blocks on the tracks, which suggests someone might be trying to cause accidents. While there's no solid proof of sabotage yet, authorities are staying alert and working with state officials to improve railway safety.
No more OTPs may be delivered after November 1 due to new TRAI rules requiring traceability of transactional messages. Telecom companies warn that many service providers are unprepared, leading to potential disruptions. A two-month extension is requested for compliance.