Hyderabad, Feb 6 (IANS) App-based transport workers across the country associated with Ola, Uber, Rapido, Porter and other app-based ride-hailing platforms will observe “breakdown” on Saturday against falling incomes and “worsening exploitation”. Telangana Gig and Platform Workers Union (TGPWU) and Indian Federation of App Based Transport Workers (IFAT) have called the All-India ‘breakdown’.They said on Friday that the ‘breakdown’ has been called to protest against falling incomes and ‘worsening…
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Mumbai, Feb 5 (IANS) Union Home and Cooperation Minister Amit Shah on Thursday will launch Bharat Taxi, India’s first ride‑hailing service application based on a co-operative model.The minister will unveil the application as a government‑backed alternative to established players such as Uber, Ola, and Rapido.Supported by the Ministry of Cooperation and operated by Sahkar Taxi Cooperative Limited, Bharat Taxi is being promoted as a driver‑owned mobility service that follows a zero‑commiss…
Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.Speaking at the Treasury Department’s Trump Accounts Summit on Wednesday (local time), Trump said more than “$18 trillion” in investment is flowing into the US, driving large-scale construction across industries from automobil…
Washington, Jan 29 (IANS) US President Donald Trump on Wednesday unveiled a new federal initiative called “Trump Accounts,” saying the programme would provide every newborn American child with a government-funded investment account to give families a financial head start from birth.Speaking at the Treasury Department’s Trump Accounts Summit, Trump said the initiative would “give every newborn American child a financial stake in the future,” calling it a way to ensure that children begi…
New Delhi, Jan 25 (IANS) With exports stagnating and cost of doing business skyrocketing, Pakistan is going through an ‘investment emergency’ amid ad-hocism and a lack of transparency in policy affairs, a new report has revealed.According to the Federation of Pakistan Chambers of Commerce and Industry, the cost of doing business in Pakistan is 34 per cent higher than that of its neighbours and regional states.“This pushes the entire gamut of the economy on a slippery note as industries, entrep…
Bengaluru, Jan 23 (IANS) In a major development, the Karnataka High Court on Friday lifted the ban on bike taxi services in the state, allowing operators to resume services. The court also permitted the state government to impose necessary conditions in accordance with the law.A division bench of Chief Justice Vibhu Bakhru and Justice C.M. Joshi allowed a batch of appeals filed by cab aggregators ANI Technologies (Ola), Uber, Rapido and others, challenging an earlier single-judge order that had …
New Delhi, Jan 17 (IANS) The admission by Pakistan Finance Minister Muhammad Aurangzeb that some multinational companies have left the country due to ‘high taxes and energy costs’ has proved that doing business there is becoming extremely difficult for global firms.Addressing the Pakistan Policy Dialogue, hosted by Policy Research and Advisory Council (PRAC), in Islamabad, he said there are firms that are leaving Pakistan, “which is true”, reports Pakistan Observer.“We must acknowledge if …
New Delhi, Jan 14 (IANS) Around 52 per cent of tech and banking professionals in India and US said their companies plan to increase hiring in India in 2026, a report said on Wednesday.The report from anonymous community app for professionals, Blind, said that 34 per cent of respondents expect a significant increase and 18 per cent who anticipate a moderate rise, the report said.The survey gathered responses from 2,392 verified professionals across the United States and India and reported that th…
New Delhi, Jan 5 (IANS) A new government-backed cab-hailing app, Bharat Taxi, is gaining rapid traction across India just days after its launch, signalling a strong early response from users, giving fierce competition to ola and Uber. Supported by the Ministry of Cooperation, the app is seeing a surge in registrations, with around 40,000 to 45,000 new users signing up every day over the past two days.According to a post by the Ministry of Cooperation on social media platform X, Bharat Taxi has a…
New Delhi, Dec 26 (IANS) Delhi Chief Minister Rekha Gupta said on Friday that shared taxis and EVs are key to the government’s pollution control strategy, and officials are in touch with transportation network companies such as Ola and Uber to prioritise shared rides. Shared taxi services, which were available in Delhi before the pandemic but were discontinued later, are now being considered for revival to provide affordable and convenient transport options to commuters, she said.The Delhi gov…