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Assam's Kaziranga National Park reopens for tourists

Kaziranga National Park and Tiger Reserve in Assam, which is a UNESCO World Heritage Site, was reopened for tourists on October 2. The national park had been shut since May for tourists due to flooding and rains. Chief Minister Himanta Biswa Sarma and Isha Foundation founder Sadhguru Jaggi Vasudev declared the national park open for tourists on September 22.


Life without AR will soon be unthinkable: Apple CEO Tim Cook

Apple CEO Tim Cook in a recent interview said that soon we will be looking at life before Augmented Reality (AR). "AR apps are already in the App Store, but the possibilities will go much, much further," he said. Calling it "a profound technology", Cook said that AR will soon affect everything including teaching and medicine.

OPEC+ to consider oil output cut of over 1 million barrels per day: Reports

According to reports, OPEC+ is mulling an oil output cut of over a million barrels per day when it meets on October 5. OPEC+, consisting of OPEC countries and allies like Russia, will meet in person in Vienna for the first time since March 2020. The output cuts are being considered after the fall in global oil rates.

Chinese film 'Return to Dust' disappears from the country's cinemas, internet

Chinese film 'Return to Dust' has been withdrawn from cinemas and streaming platforms in the country despite earning 100 million yuan at the box office. Released in China on July 8, the film depicts the hardships of life in rural China. "We didn't receive an official document to block the film," a person associated with the film's makers said.



Insolvency cases involving nearly ₹10.5 lakh cr disposed of in 5 yrs: NCLT

National Company Law Tribunal (NCLT) has disposed of insolvency cases amounting to nearly ₹10.5 lakh crore in last five years, said NCLT President Chief Justice (Retired) Ramalingam Sudhakar. Of the total, 23,608 cases amounting to ₹7.21 lakh crore have been settled before admission. Resolution plans have been approved in 565 cases, involving an amount of ₹3.03 lakh crore, Sudhakar added.

Government issues draft guidelines for listing of regional rural banks

The Finance Ministry issued draft guidelines to enable regional rural banks (RRBs) to raise resources by listing on stock exchanges. According to the guidelines, RRBs would require a net worth of at least ₹300 crore during the previous three years. They should also possess capital adequacy above the regulatory minimum level of 9% in each of the previous three years.

Inflation will average 5.2% next fiscal, assuming normal rains: RBI

According to RBI's 'Monetary Policy Report September 2022', average inflation will be 5.2% in 2023-24, assuming "a normal monsoon, a progressive normalisation of supply chains, and no further exogenous or policy shocks". The central bank is mandated to keep retail inflation in a range of 2-6%. The RBI recently hiked the repo rate to 5.9% to bring inflation under control.

Govt extends concessional customs duty on edible oil import till March 2023

The Central Board of Indirect Taxes and Customs (CBIC) has extended existing concessional import duties on specified edible oils up to March 31, 2023. The government, in its notification, said that the move was aimed at increasing domestic supply and keeping prices under control. The concessional customs duty on edible oil import was also extended till March 2023.

Finance Ministry to launch special financial inclusion drive from Oct 15

The Finance Ministry took to Twitter to announce a special financial inclusion drive to achieve saturation bank accounts and expansion of Kisan Credit Card coverage. The drive will run from October 15 to November 26 and focus on mobile/Aadhaar seeding of existing accounts with special focus on making small accounts normal accounts by doing full KYC.

SEBI tightens disclosure norms for IPO-bound companies

SEBI approved new mandates including tightening of disclosure norms for IPO-bound companies. In its board meeting, the market regulator allowed companies for confidential pre-filing of offer documents along with relaxing open offer pricing rules for disinvestment of public sector undertakings (PSUs). As per the new norms, buying and selling of mutual funds falls under insider trading rules.

Windfall profit tax cut on domestic crude oil, diesel; scrapped for jet fuel

According to a Finance Ministry notification issued late Saturday night, the tax on domestically produced crude oil was reduced from ₹10,500 to ₹8,000 per tonne. The levy on the diesel export was reduced to ₹5 per litre from ₹10 per litre. The government also scrapped the export tax on jet fuel completely. All the changes will be effective immediately.

Jio to launch 4G-enabled laptop for ₹15,000: Report

Reliance Jio will be launching a laptop with an embedded 4G sim card for ₹15,000, Reuters reported on Sunday. The company has partnered with companies like Qualcomm and Microsoft for the 'JioBook'. The laptop will be available to enterprise customers like schools and government institutes from this month, with a consumer launch expected within the next three months.

TRAI to propose unified KYC system to stop fraudulent calls: Chairman

TRAI Chairman PD Vaghela said TRAI is planning to set up a unified know-your-customer system, which should be accessible by all telecom operators, to check fraudulent callers and spammers. Speaking at India Mobile Congress, Vaghela said spammers have started using multiple numbers and proxy servers to call people and TRAI will use AI and machine learning to detect them.

Disappointed with the decision: Xiaomi on ED seizing assets

Xiaomi said that the company is "disappointed with the decision" of FEMA authority, which approved an order of seizure of over ₹5,551 crore worth of deposits. The company said over 84% of the ₹5,551.27 crore were royalty payments made to US company Qualcomm. "We believe our royalty payments and statements to the bank are all legitimate and truthful," Xiaomi said.



India win a T20I series against SA on home soil for 1st time ever, break multiple records

India defeated South Africa by 16 runs to take an unassailable 2-0 lead in the three-match series. It's the first time that India clinched a T20I series against South Africa at home. India recorded their highest-ever T20I total (237/3) against South Africa. Suryakumar Yadav became the fastest batter to reach 1,000 T20I runs in terms of balls faced (573).

Ethiopia's 23-yr-old Yehualaw becomes youngest-ever winner of London marathon

Ethiopia's 23-year-old Yalemzerf Yehualaw became the youngest-ever winner of the London marathon, finishing in two hours, 17 minutes and 26 seconds. Notably, it's the third fastest women's London Marathon time in history. Yehualaw, who tripped during the run, said she's happy to win in London. Kenya's Amos Kipruto won the men's race in two hours, four minutes and 39 seconds.



What are the features of Light Combat Helicopters that'll be inducted tomorrow?

The Indian Air Force (IAF) will formally induct the first batch of the made-in-India Light Combat Helicopters (LCH) on Monday. The helicopters are primarily designed for deployment in high-altitude regions and have stealth features, armour protection, night attack capability and crash-worthy landing gear for better survivability. They can operate at an altitude of up to 5,000 metres with weapons.



Shri Tulsi Tanti one of the foremost believers in Aatmanirbharta: Adani

Chairman of Adani Group, Gautam Adani took to Twitter to condole the death of Founder and Chairman of Suzlon Energy, Tulsi Tanti. Calling him one of the foremost believers in Aatmanirbharta, Adani called Tanti a "gifted visionary who proved that India could be a global player in the wind energy space." Tulsi Tanti passed away due to cardiac arrest.




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