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Budget session of Parliament to commence on January 31

The budget session of Parliament is set to commence on January 31 and will conclude on April 8. The first half of the budget session will run from January 31 to February 11. It will reassemble on March 14 to sit until April 8, subject to government exigencies.

The President will also address both Houses of Parliament assembled together at 11 am on January 31. The government will present the Budget for the financial year 2022-23 on February 1. “The 256th Session of Rajya Sabha (Budget Session – 2022) is summoned to meet on Monday, January 31, and subject to exigencies of Government Business, the Session may conclude on Friday, April 8.

During this period, Chairman may be moved to kindly adjourn the Rajya Sabha on Friday, February 11 to reassemble on Monday, March 14 to enable the Department-related Parliamentary Standing Committees to consider the ‘Demands for Grants relating to Ministries/Departments and prepare their reports,” a letter of Additional secretary-general of Ministry of Parliamentary Affairs Minister stated.

There will be no sitting on March 18 on account of Holi. “The Union Budget for 2022-23 will be laid in the Rajya Sabha after its presentation in Lok Sabha on Tuesday, February 1 at 11.00 am,” the letter said. Recently more than 400 staff members of Parliament have tested positive for COVID-19. Consequently, the Chairman of Rajya Sabha and Speaker of Lok Sabha has reviewed the situation and given instructions to both houses to prepare a plan for the smooth functioning of both houses during the budget session of Parliament amid COVID -19 Pandemic.

Business

Gold Price Down By 3,500. Check Latest Gold Rates

The gold rate today fell by a whopping Rs 3,500 per kg across the country. In India, the gold rate today was Rs 45,500 per 10 grams of 22-carat gold. In Delhi, the gold rate was Rs 45,150. While the gold rate in Mumbai was Rs 45,150, the same as the gold rate in Delhi, according to goodreturns’ website.

Check Latest Gold Rates In Your City Here On January 29, 2022

The following prices may not match the local prices because these do not include GST, TCS and other taxes. These are the prices per 10 grams of 22-carat of gold in various cities across the country. The rates have been taken from goodreturns.in.

  • Gold rate in Chennai: ₹45,490
  • Gold rate in Mumbai: ₹45,150
  • Gold rate in Delhi: ₹45,150
  • Gold rate in Kolkata: ₹45,150
  • Gold rate in Bangalore: ₹45,150
  • Gold rate in Hyderabad: ₹45,150
  • Gold rate in Kerala: ₹45,150
  • Gold rate in Pune: ₹45,150
  • Gold rate in Vadodara: ₹45,150
  • Gold rate in Ahmedabad: ₹45,150
  • Gold rate in Jaipur: ₹45,150
  • Gold rate in Lucknow: ₹46,100
  • Gold rate in Coimbatore: ₹45,490
  • Gold rate in Madurai: ₹45,490
  • Gold rate in Vijayawada: ₹45,150
  • Gold rate in Patna: ₹45,150
  • Gold rate in Nagpur: ₹45,150
  • Gold rate in Chandigarh: ₹46,100
  • Gold rate in Surat: ₹45,150
  • Gold rate in Bhubaneswar: ₹45,150
  • Gold rate in Mangalore: ₹45,150
  • Gold rate in Visakhapatnam: ₹45,150
  • Gold rate in Nashik: ₹45,150
  • Gold rate in Mysore: ₹45,150
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Business

Google to invest up to $1 billion in a partnership with Airtel

Bharti Airtel and Google, on Friday, January 28, 2022, said that they would partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem, under which Google intends to invest up to USD 1 billion.

The amount is part of the USD 10 billion ‘Google for India Digitization Fund’, which was announced by the CEO of Google and Alphabet Sundar Pichai in 2020, and will include equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the next five years, the companies said in a statement.

Also Read: BSF constable injured in encounter with smugglers; huge cache of drugs, arms seized

“Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of affordability, access, and digital inclusion,” they added.

The deal includes an investment of USD 700 million to acquire 1.28% ownership in Airtel and up to USD 300M toward potential multi-year commercial agreements. The partnership will focus on enabling affordable access to smartphones across price ranges and will continue to explore building on their existing partnerships to potentially co-create India-specific network domain use cases for 5G and other standards and help accelerate the cloud ecosystem for businesses across India.

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Business

Smartphone sales in India grow by 12% in 2021: Report

The smartphone market in India achieved a record 162 million shipments in 2021, growing 12 per cent in 2020, a new report revealed.

After a tough start to the year, due to the second wave of Covid-19, India recovered strongly in the second half, reports market research firm Canalys.

“Thanks to the vaccination rollout, market reopening and pent-up demand, smartphone shipments reached all-time highs for the full year. Growth is expected to continue in 2022, driven by both replacement demand and new customers migrating to smartphones,” Sanyam Chaurasia, Analyst Canalys said in a statement.

Following a strong comeback in Q3, smartphone vendors shipped 44.5 million devices in Q4 for 2 per cent growth, despite a challenging supply chain.

Also Read: Father-Son Arrested For Sharing Video Insulting Prime Minister

Xiaomi was the leader, shipping 9.3 million units and maintaining its 21 per cent market share. Samsung came second with 8.5 million units for a 19 per cent share.

For the first time, realme climbed to third place in India, with a 49 per cent year-on-year increase in volume that reached 7.6 million shipments. The fourth and fifth places were taken by Vivo and OPPO, with 5.6 million and 4.9 million units.

“Overall, India will see upward momentum towards future-proof technologies, with smartphones being at the core of the digital ecosystem and growing ever-more essential to the daily lives of Indian citizens,” Chaurasia added.

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Covid-19 Stats

29 Jan 2022, 9:34 AM (GMT)

Coronavirus Stats

40,858,241 Total Cases
493,218 Death Cases
38,360,710 Recovered Cases

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