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APSEZ) has received the key environmental and coastal regulation zone approval from the Centre to more than double the capacity of its flagship port located at Mundra to 514 million tonnes with an investment of ₹45,000 crore. This could strengthen APSEZ's case while seeking a rollover from the Gujarat government on the concession period for the port when it ends in 2031 after a 30-year run. The port, located in Gujarat's Kutch district, currently has a design capacity and environmental and coastal regulation zone approval for handling 225 mt of cargo a year, including 9.5 million twenty-foot equivalent units (TEUs), a standard measure used for containers.

NB: BSE Capital Goods index mostly consists of industrial equipment makers & service providers.Nifty & BSE Infra index is wisely diverse, consisting of energy, construction, power and equipment, transportation to tourism. BSE has performed better due to high exposure in PSUs & Midcaps.Capital Goods have outperformed infra stocks due to the lean capital requirement compared to the high long-term and working capital required by infra based companies. Their cash conversion cycle is longer due to the long period of inventory, manufacturing, EPC, and dependence on timely disbursement of government funds, which in total may take 2 to 4 months.

Indian stock market: The Nifty remained within the defined range of 23,300-23,500. The short-term sentiment is likely to remain more or less positive. Support levels are seen at 23,400/23,300, where put writers have built significant positions.

nearly 50 degrees Celsius. While the official human toll as of 1 June stood at 87, the tragedy did not end there. Life underwater, too, perished before fishermen had a chance to extinguish it.

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PLI scheme, the government is in the final stages to put in place similar processes for other manufacturing units, an official said. The move assumes significance as some domestic manufacturing firms have flagged the issue of delay in getting visas for Chinese technicians, who are required for works like installation or repair of certain machines, besides training workers in India. «Most of the PLI (production-linked incentive scheme) visas have been taken care of. For general manufacturing also, we are trying to create a better streamlined SOP… that is with the Ministry of Home Affairs. It's at the final stages. We are hoping to sort it out. We have done a lot of sensitisation,» the official said. The rollout of SOPs does not require any approval from the Union cabinet as it is an internal process to relax norms «a bit» for facilitating visa applications of Chinese professionals or technicians whose expertise is required by domestic manufacturing units, the official added.

bioluminescence. Their research reveals that at least 94 different organisms possess the ability to produce their own light through internal chemical reactions. Despite its widespread occurrence, the origins and original function of bioluminescence remains unknown. The by Danielle DeLeo focuses on octocorals, which are soft-bodied corals like sea fans with tree-like structures found in oceans worldwide. This comprises approximately 3,500 species, with many exhibiting bioluminescent capabilities.

Indian stock market: On Friday, the domestic benchmark equity indices Sensex and Nifty 50 closed the session in positive territory. The 30-share BSE Sensex concluded the session up by 181.87 points or 0.24 per cent at the level of 76,992.77, while the Nifty 50 finished at 23,465.60, marking an increase of 66.70 points or 0.29 per cent.In broader market movements, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both surpassing the performance of the benchmark indices.

The Scotish Sun, Ron Halliday has pointed that iconic sites such as the Skara Brae settlement, Maeshowe cairn, Brochs in Orkney as pivotal in this theory. "There are Scottish objects and sites that could be related to ancient aliens.

Also Read: How can you avoid credit score scams? These are 7 key ways“A clean repayment history is the most crucial element for a good credit score," advices Sanjeet Dawar, Managing Director, CRIF High Mark. Plan and ensure timely payments of your Equated Monthly Instalments (EMIs) and at least the minimum payment due on your credit cards.The time of default also plays a vital role in the computation of a credit score.

Also Read: Nifty 50 to hit 25,816 in 12 months; PL overweight on banks, auto, telecom: ITC, BEML among high conviction picksOn a weekly basis, the BSE benchmark climbed 299.41 points or 0.39 per cent, while the Nifty advanced 175.45 points or 0.75 per cent. The benchmark index's tone was subdued from start to finish, resulting in modest gains for both indices. Sectoral buying and traction in select themes kept traders engaged.

BTech graduates in India have narrowed sharply over the years, according to the findings of a Deloitte survey. This could potentially lessen the lure of opting for costly management courses after completing BTech. The pay gap between MBA and BTech graduate salaries has nearly halved to 57% in 2024 from 102% in 2021, according to Deloitte's Campus Workforce Trends 2024 study shared exclusively with ET. «This is without accounting for the investment of time and money,» said Neelesh Gupta, partner at Deloitte.

Volodymyr Zelenskyy on Saturday predicted «history being made» at the Swiss-hosted conference that aims to plot the first steps toward peace in Ukraine even though experts and critics don't expect any major breakthroughs because Russia isn't attending. The presidents of Ecuador, Ivory Coast, Kenya and Somalia joined dozens of Western heads of state, other senior government leaders and high-level envoys at the meeting, in the hopes that Russia could join in one day.

An interest rate cut from the Bank of Canada earlier this month marked the first signal that borrowing costs are heading down, but experts say the rates Canadians can expect on savings accounts are also at risk.

World War 3 begin next week? A week after observing the 80th anniversary of D-Day when the Allied forces had landed at Normandy in World War 2, will another internecine war erupt soon? This question looms over world leaders, defense experts, historians as well as astrologers. All eyes are set on Indian astronomer Kushal Kumar, who predicted the beginning of Word War 3 on June 18, 2024. Dubbed as 'new Nostradamus', he told the 'Daily Star', «NOW, Tuesday, 18 June 2024 has the strongest planetary stimulus to trigger WW3.» Earlier, he predicted the death of Iranian President Ebrahim Raisi, who died in a helicopter crash last month. In a post on 'The Medium', Kumar, cited a recent terror attack on Hindu pilgrims in the Indian administered state of Kashmir. He has also talked about the shots fired at the Demilitarized Zone between North and South Korea. The 'new Nostradamus' has also talked about the escalation of tension and conflict between Israel and the Islamist militant organization Hezbollah, after the Lebanon-based outfit fired rockets at the Jewish state.

Despite trending memecoins dominating this crypto bull cycle, a recent downturn has seen Dogecoin (DOGE) and PEPE’s prices drop. On the other hand, Rebel Satoshi (RECQ) is being recognized as a new project aimed at entrenching true decentralization in the crypto space.

Question: As the income tax return filing season has set in, kindly guide on what are the key documents which taxpayers should possess for duly furnishing their tax returns?

Finance Minister Nirmala Sitharaman is expected to present the maiden budget of the Modi 3.0 government in the third week of July. The finance minister, who will be presenting her sixth straight full-fledged Union Budget next month, is expected to announce tax changes in the form of new deductions and exemptions within the new tax regime, according to experts, as they do not see the government revisiting tax slabs or introducing any new changes in the old tax regime.

Retirement is inevitable, and the older generation, which often trusted fixed deposits, can struggle with financial planning due to inflation reducing post-tax returns. The fear of outliving savings is a real concern due to the constant devaluation of money. Explain the benefits of mutual fund investments. Mention the different types of mutual funds for various financial needs. For short-term needs, suggest debt mutual funds. This is useful if your dad is nearing retirement or already retired. For younger dads, talk about equity mutual funds for long-term goals.

logistics firms such as Delhivery and Xpressbees, which have hitherto focused on servicing ecommerce orders, are entering the quick-commerce sector as demand continues to surge on platforms like Swiggy Instamart, Blinkit, Zepto and others, multiple people aware of their plans told ET. Gurgaon-based logistics firm Delhivery — the largest third-party logistics (3PL) firm — has started to manage Swiggy Instamart’s larger warehouses that supply to small dark stores, or fulfilment centers, in city pockets. Similarly, Pune-based Xpressbees is in talks with multiple players to enter the segment, sources added.

New laptops equipped with Microsoft Windows start shipping to customers next week but without a flagship feature called Recall that drew concerns about privacy and cybersecurity