Akshay Tritiya Parna Mahotsav held

Hyderabad, May 10th, 2024….108 Jains who fasted by eating alternative day for the past one year broke their fasting by consuming sugar cane juice today at Dadawadi Jain Temple at Karwan.

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Some of the people who fasted were as old as 86 years done young were just 19

It had more women than men. Some of them have fasted for 35 years.

The ceremony is called Akshay Tritiya Parna Mahotsav. It kicked off yesterday and concluded today.

Earlier all these 208 Jain’s drawn from across India, including 32 from the twin cities of Hyderabad and Secunderabad were ceremoniously taken in 25 well-decorated chariots in a km-long procession from Saibaba Temple in Gudi Malkapur to Dadawadi Jain Temple Karawan.

Vimlabhai Kochar from Nashik has been fasting by eating alternative day for the past 35 years. Kantha Bhai has been fasting for 16 years. Ugam Bhai Gandhi is an 81-year-old woman who has been fasting for the past 24 years. Kishore Golechs from Secunderabad who is into the cycling business has been fasting for 24 years. Sangeetha Kothari, a 52 years old woman has been fasting for the past 7 years.

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Sunitha Vinod, 52 from Nashik has done first time. Krishi Bandari, a 19-year-old girl from Hyderabad has done fasting a second time. Says, that fasting has taught her to exercise control on anything we do excessively. It has also taught me a very good discipline in life.

Mahendra Lunwath from Hyderabad who has been fasting for 20 years said it is mind control over food. I decided in mind and I never had any problem in fasting. He urged youngsters and first-timers to start fasting at least once a week. In an era where food is available at the click of a mouse from food delivery platforms such as Swiggy and Zomato, fasting is the only way forward to exercise control over food. We are what we eat. Obesity is on the rise. The best way is to fast at least once a week he said

The fast-breaking ceremony was organized under the guidance of Jain Guru Dr Samkit Muni Ji and two other Jain Monks.

On this day about 2000 Jains from across India such as Nashik, Pune, Jodhpur, Karnataka, and Chennai, and Hyderabad participated

108 Jain’s ended their year-long alternate fasting with sugar cane juice disclosed Swarupchand Kothari, Gautam Chand Dank, Sajjan Gandhi, Annaraj Bafna, and Vinod Kimtee, the office bearers of the organising body.

In Jainism, Akshaya Tritiya is important as it commemorates the first Tirthankara, Rishab dev Bhagwan, ending his one-year asceticism(severe self-discipline and avoiding all forms of indulgence) by consuming sugarcane juice poured into his cupped hands. Some Jains refer to the festival as Akashya Tritiya Parna Mahotsav. The ascetic practices include simple living, begging, fasting, and ethical practices such as humility, compassion, meditation, patience, and prayer. Akshay Tritiya Parna Mahotsav brings to an end to such a year-long strict self-discipline.

Akshay Tritiya Parna Mahotsav was organized by Shri Vardhaman Sthanakvasi Jain Shravak Sangh, Greater Hyderabad

Gold Savings App Jar Surpasses 2 Crore Users

Bangalore, April 2024: Jar offers a streamlined investment journey that takes minimal time and customers can start saving money in small amounts, which gets invested in 24K, 99.9% pure gold. With Jar, users can save effortlessly and convert it to cash or receive physical gold at their convenience. Jar’s revolutionary round-off method effortlessly accumulates spare change from every transaction and invests it in gold so users can save that extra bit every month.

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The company’s remarkable growth has not gone unnoticed. Jar won in the Best WealthTech Startup category at the Global Fintech Awards 2023 and was even mentioned as being one of the top UPI auto-pay players in the country. Jar was also recognized by LinkedIn as one of India’s Top Startups of 2023.

In the last 3 years, Jar has truly made leaps and bounds in the digital gold space, having started with a simple thought. Traditionally, there have always been high entry barriers in savings and investing: a high ticket size to start investing, time to understand and get started, and the complexity of the financial products.

From humble beginnings in Hassan, Karnataka, and Bihar Sharif, Bihar respectively, both Nishchay Ag and Misbah Ashraf had seen first-hand how middle India both earns and spends on a daily basis. They knew there was a gap in the market for a financial product that could help millions of people save better and get them started on their financial fitness journey.

That’s how Jar was born and, through Jar, these barriers of entry have been reduced significantly by leveraging the two most widely adopted financial tools in India – UPI and gold. Gold remains a popular investment in India, with over half the population (53%) choosing it. Now, a growing number of young investors are turning towards digital gold.

After getting a foothold in the gold space, Jar now plans to expand its offerings to include Lending, Investments, and more to meet the needs of its ever-growing user base.

Rapido applauds Karnataka Government’s decision to withdraw policy on electric Bike Taxis

Bangalore, March 14, 2024: Rapido, a leading bike taxi platform, extends its warm appreciation to the Government of Karnataka for its recent decision to withdraw the electric bike taxi policy, notified in 2021. This significant move reflects the government’s commitment to fostering a conducive environment for innovation and growth within the ride-hailing sector.

However, there is confusion surrounding the government’s withdrawal of the electric bike taxi scheme as well as inaccurate information circulating on social media platforms. The Company pointed out that the recent order issued by the State Government of Karanataka nowhere mentions banning Rapido or any other aggregator operating under the protection of the High Court order.

We clarify that the Electric Bike Taxi Scheme notified in 2021 and now withdrawn in 2024 only pertains to grant of license for operating Electric Bike Taxis, this fact is self-evident under Clause 1(4) which specifically mention that this scheme shall only apply for Battery operated electric motorcycle or electric bike.

Rapido would like to shed light on the legal status of its operations and other similarly placed aggregators operating two-wheelers as bike taxis in the State of Karnataka. The issue of operation on bike taxis has been pending with the Hon’ble High Court since 2021.

The High Court had passed an interim protective order in favour of Rapido back in 2021 observed as follows-

“Petitioner (Rapido) submitted application for grant of bike Aggregator’s Licence to the Commissioner of Transport and it was rejected while issuing an endorsement that petitioners are required to file application for grant of Aggregator’s Licence before authority as specified in the Karnataka Electricity Bike Taxi Scheme 2021. Grievance of the petitioner in the application is for issuance of grant of bike Aggregator’s Licence not under the Electricity Bike Taxi Scheme. Therefore, there is non- application of mind in issuing the endorsement, since, reference is to the Karnataka Electricity Bike Taxi Scheme, 2020-21. On the other hand, petitioner’s grievance is for issuance of licence to general bike taxi’” and the High Court basis these specific observations directed the State Government of Karnataka not to take any coercive steps against the aggregator or its riders operating in the State of Karnataka. This protective interim order remains subsisting till date.

The Ministry of Road Transport and Highways (MoRTH) on 22nd January also recently issued an advisory clarifying that motorcycles fall within the definition of contract carriages as per section 2(7) of the Motor vehicles (MV) Act, 1988.

Pavan Guntupalli, co-founder of Rapido, stated, “We want to assure our customers and captains that Rapido will continue to operate seamlessly within Karnataka. Rapido is upholding the interim order from the Hon’ble High Court, which recognizes the legality of Rapido’s operations, reinforces our resolve to continue serving the people of Karnataka. With over 1,000,000 bike taxi rides happening in Bengaluru alone, it’s evident that bike taxis play a crucial role in Karnataka’s transportation ecosystem. This data highlights the significant demand and reliance placed on bike taxis for convenient and efficient mobility solutions across the state. Rapido expresses confidence that the Transport Department of the Government of Karnataka will adopt a more comprehensive approach, in line with the provisions of the Motor Vehicle Act and the recent advisory issued by the Ministry of Road Transport and Highways (MoRTH) related to grant of contract carriage permit to two wheelers. We firmly believe that the revised approach will facilitate the grant of contract carriage permits to two-wheelers and bike taxis, aligning Karnataka with states that have successfully implemented similar models. This move is not only crucial for the growth of the sector but also ensures compliance with the existing provisions of Motor Vehicle Act, 1988 and Motor Vehicle Rules. “

It is worth mentioning that the recent notification issued by the government nowhere mentions banning Rapido or any other aggregator operating under the protection of the High Court order.

Rapido expresses confidence that the Transport Department of the Government of Karnataka will adopt a more comprehensive approach, in line with the provisions of the Motor Vehicle Act and the recent advisory issued by the Ministry of Road Transport and Highways (MoRTH) related to grant of contract carriage permit to two wheelers. We firmly believe that the revised approach will facilitate the grant of contract carriage permits to two-wheelers and bike taxis, aligning Karnataka with states that have successfully implemented similar models. This move is not only crucial for the growth of the sector but also ensures compliance with the existing provisions of Motor Vehicle Act, 1988 and Motor Vehicle Rules.