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Todays News Headlines.

McDonald's cheese crackdown: Maharashtra to inspect global fast-food chains.-After finding misleading claims related to the use of substitutes instead of real cheese in burgers and nuggets at a McDonald's outlet last week, the state of Maharashtra will be inspecting outlets of all global fast-food chains for food regulation violations, Reuters reported citing an official.The Indian state will run a check for misleading promotion of non-cheese items as containing cheese after mcdonald's crackdown and also inspect all McDonald's outlets in Maharashtra for the same.

https://economictimes.indiatimes.com/industry/cons-products/food/mcdonalds-cheese-crackdown-maharashtra-to-inspect-global-fast-food-chains/articleshow/108038204.cms?from=mdr

Amended Citizenship Rules Likely To Be Enforced From Next Month: Sources -The contentious Citizenship Amendment Act, which gives citizenship to religious minorities from three neighbouring countries who settled in India before December 31, 2014, is likely to come into effect from next month -- four years after it was passed -- sources have told NDTV. Sources said the online portal is ready for registrations and dry runs have already been done by the Union Home Ministry. The rule applies to Hindus, Sikhs, Buddhists and Christians from Pakistan, Afghanistan and Bangladesh and will be implemented before the model code of conduct for the general elections comes into play.

https://www.ndtv.com/india-news/rules-to-fast-track-citizenship-of-minorities-from-3-nations-likely-to-be-enforced-next-month-sources-5137451

Modi in Tamil Nadu, Maharashtra today: -Prime Minister Narendra Modi is set to conclude his two-day visit to three states – Kerala, Tamil Nadu, and Maharashtra – on Wednesday. His itinerary includes inaugurating and laying the foundation stone for various development projects. Starting his tour to Kerala on Tuesday, Modi visited the Vikram Sarabhai Space Center (VSSC) in Thiruvananthapuram.

https://www.hindustantimes.com/india-news/narendra-modi-tamil-nadu-maharashtra-today-pm-key-development-projects-full-schedule-february-28-101709083154372.html

SBI reckons poverty levels between 4%-5%; inflation to ease if core inflation is declining vis-a-vis food price rise.- India’s rural poverty level had declined to 7.2% in 2022-23 from 25.7% in 2011-12, while urban poverty slipped to 4.6% from 13.7% over the same period, State Bank of India’s economic research team said in a report on the Household Consumption Expenditure Survey (HCES).At a national level, the report reckoned that the poverty rate in India could now be in the range of 4% to 5%, with a caveat that these numbers could undergo minor revisions once the Census to count the population that was due in 2021, is completed and the rural-urban population share is published. 

https://www.thehindu.com/business/Economy/sbi-reckons-poverty-levels-between-4-5-inflation-to-ease-if-core-inflation-is-declining-vis-a-vis-food-price-rise/article67892372.ece

Patanjali Foods share price dips over 4% as Supreme Court issues contempt notice. -Shares of FMCG company Patanjali Foods fell by 4.13% to ₹1,555 apiece in today's early morning trade after the Supreme Court on Tuesday served a contempt notice to Ramdev-owned Patanjali Ayurved and its managing director Acharya Balakrishna for going back on their promise to not make "misleading claims" in advertisements for its medicines. 

https://www.livemint.com/market/stock-market-news/patanjali-foods-share-price-dips-over-4-as-supreme-court-issues-contempt-notice-11709092870352.html

The Hotel And Restaurant Association (Western India) – HRAWI has raised concerns regarding the existing GST structure for food and beverages served in restaurants within hotels where the taxation format is linked to room charges exceeding Rs.7500. The association highlighted the significant disadvantage this presents to the hospitality industry, emphasizing the pressing need for reform in the GST framework for restaurants operating within hotel premises. HRAWI advocates for de-linkage of GST rates in restaurants and has suggested that restaurants inside hotels, like standalone restaurants be levied uniform GST rates, irrespective of room charges.

https://www.hotelierindia.com/business/hrawi-pitches-for-reform-in-gst-framework-for-restaurants-within-hotel-premises

IHCL to open a Vivanta in Haridwar.- Indian Hotels Company (IHCL) announced the signing of a new Vivanta hotel in Uttarakhand’s ancient pilgrim city of Haridwar. The hotel is a Greenfield project.Speaking on the occasion, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “This signing is in line with IHCL’s vision of augmenting its presence in spiritual tourism. Haridwar, located on the banks of the sacred river Ganges, is one of the holiest destinations in India. This will be our third hotel in the city. We are happy to associate with LD Ladhani Group for this hotel.”

https://www.hotelierindia.com/operations/ihcl-to-open-a-vivanta-in-ha

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Today's News Headlines

Quad countries call for end in violence in Ukraine, Gaza, and Myanmar .-The Quadrilateral partnership consisting of Australia, India, Japan, and the United States intends to expand the Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA) into the Indian Ocean Region, the Foreign Ministers of the four member countries announced on Monday in Tokyo. Addressing the meeting, External Affairs Minister Dr. S. Jaishankar said the four members of the Quad grouping are democracies that are working as a “powerful stabilizing factor.” The Ministers also called for immediate cessation of violence in Ukraine, Gaza, and Myanmar. https://www.thehindu.com/news/international/no-country-should-dominate-others-says-quad-in-clear-message-to-china/article68459627.ece India "Important Partner" When World At "Historic Turning Point": Japan -Calling India an "important partner" at a time when the world is at a "historic turning point", Japan on Monday said that...