The Reserve Bank of India (RBI) has clarified that a currency note featuring a star (*) symbol in the number panel holds the same validity as any other legal banknote. The RBI’s statement aims to address any doubts regarding the authenticity of such notes.
The star symbol is placed in the number panel of a banknote to indicate that it serves as a replacement for banknotes with printing defects. These replacement notes are included in packets of 100 serially numbered banknotes.
Taiwan’s Hon Hai Technology Group, popularly known as Foxconn, has decided to withdraw from its joint venture with India’s Vedanta Group in the semiconductor sector. Foxconn clarified that this move does not imply a complete departure from India’s semiconductor industry but rather stems from a shared understanding to explore diverse development opportunities.
Despite this development, both Foxconn and Vedanta affirm their commitment to India’s semiconductor mission and the “Make in India” initiative. Minister for Electronics and Information Technology, Ashwini Vaishnaw, highlighted this commitment in a brief statement shared on Twitter.
Tragedy struck in Manipur’s Bishnupur district as three individuals, including a father-son pair, fell victim to an act of violence carried out by militants. The incident occurred during the late hours of August 4. According to the Manipur police, the victims were attacked while they were sleeping, and subsequently, they were brutally assaulted with swords. The heart-wrenching incident took place in the area of Kwakta.
The police shared that the assailants responsible for the attack had come from Churachandpur. The incident has left the local community in shock and grief as the authorities investigate the circumstances surrounding this unfortunate event.
The Advertising Standards Council of India (ASCI) has unveiled new guidelines for advertisements related to charitable causes, particularly those on crowdsourcing platforms. These guidelines aim to enhance transparency, ethical standards, and sensitivity in the promotion of charitable initiatives.
Under the new norms, crowdsourcing platforms are mandated to disclose the fees charged by them when soliciting donations for charitable purposes. This move is aimed at ensuring transparency in financial transactions and enabling donors to have a clear understanding of how their contributions are being utilized.
Additionally, the ASCI emphasizes that advertisers must refrain from using graphic images of victims in distress, especially children and minors. This provision is in place to maintain ethical standards and to avoid exploiting vulnerable individuals for promotional purposes.
The ASCI’s new guidelines reflect the organization’s commitment to responsible advertising practices, particularly in the context of charitable endeavors. By setting forth rules for transparency, ethical messaging, and sensitivity, the ASCI aims to foster an environment of trust between donors, advertisers, and charitable causes.
These guidelines represent a significant step forward in aligning advertising practices with ethical considerations, ensuring that advertising serves as a positive force for social change and impact.
Air India and CFM International have successfully concluded an order agreement for LEAP engines, marking a significant milestone in the carrier’s fleet expansion plans. The engines will be deployed to power Air India’s new fleet of 400 narrow-body aircraft, consisting of 210 Airbus A320/A321 neo and 190 Boeing 737 MAX family aircraft.
This engine order represents a pivotal step in Air India’s strategic efforts to enhance its fleet capabilities and efficiency. The LEAP engines, known for their advanced technology and fuel efficiency, will contribute to optimizing the performance of the airline’s aircraft while also complying with environmental standards.
Campbell Wilson, CEO and MD of Air India, expressed his enthusiasm regarding the partnership with CFM International and the impact this engine order will have on the airline’s future development. The successful finalization of this significant deal signifies the commitment of both Air India and CFM International to fostering growth and innovation within the aviation industry.
As Air India continues to modernize its fleet and expand its operations, the collaboration with CFM International demonstrates the airline’s dedication to providing enhanced services to its passengers and maintaining its competitive position in the market. The deployment of LEAP engines underscores Air India’s commitment to sustainability, efficiency, and cutting-edge technology in its pursuit of delivering exceptional travel experiences to its customers.
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