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Rajya Sabha Wednesday passed The Boilers Bill, 2024 which seeks to repeal the century old Boilers Act, 1923 and decriminalise seven offences to promote ease of doing business. The Bill would provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and uniformity in registration. The Union Cabinet had cleared the bill in August. “The Boiler Bill, in a way, keeps the country safe and secure. It provides for a clear and transparent regulatory mechanism and sets accountability,” said commerce and industry minister Piyush Goyal.

Subscribe to enjoy similar stories. The genomic testing market in India, still at a nascent stage, is poised for big growth in the coming years as demand increases on the back of changing disease patterns, more awareness, and falling prices. Companies like Strand Life Sciences, a subsidiary of Reliance Industries Ltd, and MedGenome are increasing their footprint through organic and inorganic routes, with a focus on the smaller cities and towns.

Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year

Zo Indigenous Identity Card prepared by the Zo Reunification Organisation (ZoRO) in Aizawl was inaugurated on Wednesday. Mizoram state assembly speaker Lalbiakzama on Wednesday inaugurated the ‘Zo Indigenous Identity Card’. Though divided into 3 countries and states, the brotherhood and link of the Zo people continue which demands that all of them help each other, he said.

Subscribe to enjoy similar stories. Saudi Arabia’s sway over the Organization of the Petroleum Exporting Countries long meant unquestioned dominance of the global oil market. Those days are over, at least for now.

revenue from operations and a profit of Rs 3.72 crore during financial year ended March 2024. To fund its strategic expansion plans and enhance operational capabilities, the company is planning to launch an initial public offering (IPO) very soon, a release said.

Israeli bombardment, while behind the scenes, the United States and Gulf countries courted him diplomatically. It was a secretive, two-pronged approach meant to pressure Syrian President Bashar Assad to abandon his most important regional alliance with Hezbollah and Iran. The overtures to Assad were the product of what Israel and its allies saw as a rare but risky opportunity: With Iran's regional network fracturing under Israeli attack, they hoped to force Iran's most important partner out of the alliance, according to former U.S. officials, two European diplomats and four Israeli officials who spoke on condition of anonymity because of the sensitivity of the subject. Now, those regional ambitions may be derailed by a far smaller and long-discounted force: Resurgent rebels have launched a surprisingly successful attack in Syria, exploiting in part the strain Israel has put on the alliance that helped Assad maintain power through more than a decade of uprising and civil war. In a matter of days, the rebels seized most of the country's large city of Aleppo, and challenged Assad's grip on the country's northwest.

Swiss Re Institute report «Changing climates: the heat is (still) on», the Philippines and the US are the most economically vulnerable among 36 countries analyzed. This vulnerability is driven by the increasing severity of weather-related catastrophes like floods and tropical cyclones.

Subscribe to enjoy similar stories. The global economy is set to grow at slightly a faster pace next year as inflation continues to cool, but could falter if tariffs rise and governments fail to narrow wide budget deficits, the Organization for Economic Cooperation and Development said Wednesday. In a quarterly report, the Paris-based research body said it now expects the world economy to grow by 3.3% next year, a pickup from the 3.2% rate of expansion it estimates for this year.

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The projections were made during a Meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power here last evening. Union Power Minister Manohar Lal chaired the meeting. As per 20th Electric Power Survey (EPS) report published by the Central Electricity Authority (CEA), the peak demand and energy requirement is pegged at around 366 GW and 2474 BU by 2031-32, it stated.

Subscribe to enjoy similar stories. SEOUL—A day after declaring martial law, South Korea’s president is now facing the prospect of impeachment, creating more political instability for a close U.S. ally.

Subscribe to enjoy similar stories. NATIONAL CLIMATE policies are a relatively recent invention. In 1997, according to the Grantham Institute, a think-tank at the London School of Economics, there were 60; by 2022 the number had risen to almost 3,000.

Delhi High Court, while preventing the police from arresting activist Nadeem Khan, who was accused of "promoting enmity" through a viral video, stated on Tuesday that the country's unity is «not so fragile» and emphasized the need for greater trust in the intelligence of the common people. «We are in a democratic country… The common man isn't so fragile that merely one exhibition will shake his conviction,» Justice Jasmeet Singh said. «The country places great pride in our fundamental rights. Article 19(1)(a) is to be protected.»

TikTok took down several networks allegedly trying to meddle in Romania’s elections, executives said Tuesday as they defended the company’s election integrity measures to European Union lawmakers

President Joe Biden is finding ways to celebrate trains in the waning days of his presidency thousands of miles from home

RBI has largely been following a data-driven and evidence-based approach in its pursuit of a contextually relevant Policy, a Policy stemming from the concerns at the time of formulation and an attempt to arrive at judicious Policy prescriptions. With an uncanny ability to connect the dots and draw meaningful inferences, it is not difficult to predict the shape of things likely to come as I have done repeatedly for the last several years. But this time is different, the choices are not so stark and we are confronted with the cognizable Shakespearean dilemma of “to be or not to be”. No wonder, then, opinion about the Policy move is divided: some believe that a rate cut is necessary to shore up a flagging economy; others maintain that given the ravages of the inflationary spiral, an unchanged rate would best serve the objectives of the central bank.

«Korea has been a very weak market this year. It is down about 19% in dollar terms within the EM index and so this is just more pain for the Korean market and we will have to see how the politics plays out,» says Geoff Dennis, Independent EM Commentator. This morning we have woken up to those kind of news coming in from South Korea wherein, of course, there was that Martian law that was put on, then it was taken off. Now, there is news of impeachment, a lot going on as far as the Extraordinary General Meeting of the Central Bank in South Korea is concerned. But it begs the question whether India is one of those safe havens of sort where there is political stability, where there is economic stability, while even countries like, of course, China, South Korea, West Asia, and all of that are going through their own turmoil. Does that make India stand out as one of the best opportunities right now? Geoff Dennis: Oh, yes, it does.

sustainability, inclusivity and security are now playing an important role in global trade discussions and they would dictate the future talks, a senior official said on Tuesday. Additional Secretary in the Department of Commerce L Satya Srinivas also emphasised on the importance of adopting a holistic perspective on the commercial significance of free trade agreements (FTAs) for the country. «On the plate of trade, there are vast new dimensions getting added...How do we deal with those new dimensions...These new regulations and new focus areas of present will dictate our trajectory towards the future,» he said at CII's Partnership Summit here. Earlier in trade discussions, the main issues which used to figure included reduction or removal of customs duties and non-tariff barriers.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says the assets the Adani group owns, whether it's in power generation, distribution, or even things like roads, airports, data centers, and ports, all have huge growth potential ahead. They've built up a solid capacity and are reinvesting a good chunk of cash flow back into the business, which is a smart move. They might tweak their growth strategies a bit, but using their free cash flow to fuel future expansion in these areas would be a great idea. The recent drop in stock prices is a solid buying opportunity for investors. Adani stocks fell and they have recovered. Can we ignore the news and just move on? Deven Choksey: From day one, I have been making a viewpoint that fundamentals do not change because of whatever the allegations have come up from the Department of Justice in the US court. In my viewpoint, the fundamentals remain strong. With Rs 85,000 crore EBITDA and growing at the rate of 20% per annum on a 2,40,000 crore debt, the balance sheet of the group itself is very solid with the cash flow generation that they have.