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maritime industry expert said on Wednesday. Modernisation and upgradation of Indian shipyards is in progress, while older dockyards are being assessed for reopening and adding more capacities for green shipbuilding given a strong pickup in global demand, said Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, Maritime at DNV, a Norway-based testing, certification and technical advisory services provider. «We see great potential in India emerging as a hub for green shipbuilding, driven by its government's strong focus on alternative fuels and renewable energy like biofuels and wind power,» said the industry veteran. The Indian government is encouraging investments and technology transfer from Japanese and Korean shipyards to establish shipbuilding and ship repair clusters in the country. This comes at a time when most traditional shipbuilding yards in Asia are fully booked while demand for green-maritime assets is surging ahead of the phase-based elimination of greenhouse gas emissions by 2050, as set by the International Maritime Organization (IMO).

Palestinian state and its institutions, and prepare for a future after the war in Gaza and escalating conflict in Lebanon, Norway’s foreign minister said Friday. Espen Barth Eide told The Associated Press that “there is a growing consensus in the international community from Western countries, from Arab countries, from the Global South, that we need to establish a Palestinian Authority, a Palestinian government, a Palestinian state — and the Palestinian state has to be recognized.” Eide said many issues need to be addressed, including the security interests of Israel and the Palestinians, recognition and normalization of relations after decades of conflict and the demobilization of Hamas as a military group.

Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users' password data and for taking too long to alert the regulator over the issue. An inquiry was launched in April 2019 after Meta Ireland informed the regulator that it had «inadvertently stored certain passwords of social media users» in a readable format on its internal system, the DPC said in a statement.

Kashmir on Wednesday to witness the ongoing assembly elections. The delegation comprised diplomats from Delhi-based missions of the US, Mexico, Guyana, South Korea, Somalia, Panama, Singapore, Nigeria, Spain, South Africa, Norway, Tanzania, Rwanda, Algeria and the Philippines, people familiar with the matter said. Most of the embassies are represented by their Charge d'affaires and deputy chief of missions, they said. Others are represented by political officers at minister-counselor and counselor ranks.

Subscribe to enjoy similar stories. State-run energy companies on the prowl for foreign assets will focus on projects that are already pumping oil and gas or are about to do so, two people aware of the plans said, after the endless wait for supplies from countries where India has made energy investments in the past prompts a rethink. Though it is far cheaper to invest in foreign exploration and production (E&P) projects in their early stages, the timeline to production is lengthy, something India cannot afford given its galloping energy needs, the people said on the condition of anonymity.

emergency landing after a passenger discovered a live mouse in her meal. The aircraft, which was en route from Oslo, Norway, to Málaga, Spain, diverted to Copenhagen, Denmark, on Wednesday. According to SAS spokesperson Oystein Schmidt, the decision to land was a standard safety procedure due to the potential risk posed by rodents, including the possibility of them damaging electrical wiring on the plane. “This is something that happens extremely rarely,” Schmidt stated. “We have established procedures for such situations, which also include a review with our suppliers to ensure this does not happen again.” Passenger Jarle Borrestad, who was seated next to the woman who found the mouse, shared his experience on Facebook, stating, “Believe it or not, a lady next to me opened her food and a mouse jumped out.” Despite the shock of the incident, Borrestad noted that passengers remained calm throughout, explaining, “People were not stressed at all.” He humorously added that he put his socks over his trousers to prevent the mouse from crawling up his legs.

Subscribe to enjoy similar stories. NEW DELHI : The Indian arm of Norwegian investment company Orkla ASA, which sells spices and food products under the MTR Foods and Eastern Condiments brands in the country, is likely to complete its business restructuring in another 12 months before exploring a public listing, said a top executive. The company announced in October 2023 that its India businesses would be reorganized into one entity, Orkla India.

A 36-hour monetary rollercoaster will start with the Federal Reserve’s probable decision to cut interest rates on Wednesday, and finish on Friday with the

Subscribe to enjoy similar stories. Not long ago America’s main concern with sovereign-wealth funds was how to regulate these large pools of money controlled by foreign governments. Now, seemingly overnight, the hot new idea in Washington, DC, is that America should join the club.

The German government says it is cracking down on irregular migration and crime following recent extremist attacks, and plans to extend temporary border controls to all nine of its frontiers next week

SWFs to stabilize their financial systems. The largest SWF, Norway’s Government Pension Fund-Global, was established in 1990 to preserve and grow the country’s oil revenues from the North Sea. Today, the fund manages $1.7 trillion and holds stakes in 9,000 companies across 70 countries.

Animal rights groups claimed that "Hvaldimir," a beluga whale well-known for its alleged connections to the Russian military, had been shot to death. The whale made headlines across the world in 2019 when it was spotted off the coast of Norway. It was wearing a harness made of metal, which led to speculation that Russia had been training it to be a spy. Animal rights organizations NOAH and One Whale claimed that gunshot was the cause of the whale's demise and pushed Norwegian police to launch a criminal inquiry into the event, as per the reports of The Moscow Times. Hvaldimir's body was discovered on Saturday in a bay on the southwest coast of Norway. Following that, his remains were transferred to the Norwegian Veterinary Institute for an autopsy; the results are expected to be available in three weeks. After seeing the whale's corpse, Regina Crosby Haug, the leader of One Whale, verified that it had sustained many gunshot wounds. Hvaldimir's bloodied body was depicted in photos that One Whale and NOAH published, and they clearly indicated bullet holes. The director of NOAH, Siri Martinsen, stressed the gravity of the injuries and voiced concern about the possibility of criminal conduct. At present, the police are assessing the amount of evidence to see if a formal inquiry should be launched.

ongoing Paris Paralympics 2024, winning a bronze. Devi's video clip, showcasing her precision by the use just her right foot, jaw support, and shoulder movement, went viral. Her moves were aptly summed up by Erik Solheim, Norway's environment minister, who wrote on X: "This is beyond possible! Sheetal Devi is poetry in motion..." Devi is one of 84 Indian athletes at the Paralympics.

Tim Walz made Minnesota one of the most progressive states in the union by enacting a plethora of tax cuts, credits, and rebates for low- and middle-class families and moderate tax hikes on the wealthy. But if the Harris-Walz Administration ticket wins the election, what consequences would his progressive policies have for the wealthy across the country? For insight on how Walz's five policies could affect the wealthy if he becomes the Vice President, the economists Stan V. Smith, Ph.D., President of Smith Economics Group, LTD. in Chicago, and Michael Collins, CFA, Founder & CEO of WinCap Financial in Boston, have provided comprehensive analysis.

The Norwegian king’s eldest child, Princess Märtha Louise, will marry American self-professed shaman Durek Verret on Saturday in a picturesque corner of southern Norway.

New York Stock Exchange. S&P 500 and Nasdaq composite each finished 0.2 per cent higher after drifting between small gains and losses most of the day. The benchmark S&P 500 is now within 0.8 per cent of its record high set last month. The Dow Jones Industrial Average rose 9 points, or less than 0.1 per cent, which was good enough for its second all-time high in two days. The index is on an eight-day winning streak. S&P 500 rose 8.96 points to 5,625.80. The Dow rose 9.98 points to 41,250.50, and the Nasdaq gained 29.05 points to close at 17,754.82. The S&P 500 and Dow have been hovering around all-time highs since last week amid expectations among investors that the Federal Reserve will soon cut interest rates.

Europe's allure seems intact for Indian travellers. Visa applications for European destinations have jumped year-on-year after the summer vacations as Indians unleash their wanderlust to explore Europe in autumn and winter as well. Travel and tourism industry executives said this has stretched visa appointment timelines for many European countries, with some offering no slots at all.

Olympic champion Emmanuel Wanyonyi of Kenya inched ever so close to the men's 800 metres world record on Thursday, missing the global mark by two tenths of a second in winning the Lausanne Diamond League with the second fastest time in history. Wanyonyi, who turned 20 during the Paris Olympics, clocked one minute 41.11 seconds to narrowly miss the world mark of 1:40.91 set by Kenya's David Rudisha at the 2012 London Olympics. The young Kenyan ferociously chased the green lights in the inner lane that keep pace with the world record in ideal 25 C conditions, just missing Rudisha's record but matching Wilson Kipketer's 1997 time as second fastest ever run.

Reliance Industries' pace of investment in its new energy business seems slow, with cumulative investment at $2 billion so far against a plan of investing $10 billion in the first three years, Kotak Institutional Equities said in a report on Friday. Since it is a new foray and initial learnings need to be made, the pace of capital expenditure (capex) will gradually rise, the report added. Reliance forayed into new energy business in June 2021 with the launch of wholly-owned subsidiary Reliance New Energy (RNEL). During FY24, RIL invested ₹8,000 crore in solar energy through RNEL. Out of this, ₹6,900 crore went into Reliance New Solar Energy (RNESL) which «will commence the first train of module and cell manufacturing in FY25,» Kotak said.