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development activities but land has also been acquired for compensatory aforestation, the government said on Thursday. While replying to a supplementary question in the Rajya Sabha, environment and forest minister Bhupendra Yadav also said the country's consolidate overall forest cover has increased and the government is trying to further increase it. He said while forest cover in five northeastern states — Arunachal Pradesh, Manipur, Nagaland, Mizoram and Meghalaya — has reduced, states such as Andhra Pradesh, Telangana, Odisha, Karnataka and Jharkhand have seen their forest cover increase. «In last 10 years, 1,73, 396 hectares forest area (which is 1,733 sq km) has been lost due to development activities, however, under compensatory aforestation, land has also been acquired,» the minister said.

India vs Spain head to head:Looking at the head to head clashes, India won four of its matches against Spain in the past five encounters.India vs Spain match time:The India vs Spain Paris Olympics 2024 bronze medal match will begin at 5.30 pm IST at the Yves-du-Manoir Stadium in Paris.India vs Spain Live, Bronze Medal: The India vs Spain Paris Olympics 2024 bronze medal match will begin at 5.30 pm IST at the Yves-du-Manoir Stadium in Paris.India vs Spain Live, Bronze Medal: It is going to be PR Sreejesh's final international hockey match for the country, and the Indian hockey team is trying to best to give Sreejesh a medal-winning farewell at the biggest stage.

The recent amendment to the Finance Bill, which offers the choice of a 20% LTCG tax with indexation or a 12.5% tax without indexation forproperty deals before 23 July, is a welcome change. 

Waqf Act, aiming to enhance accountability and transparency in the functioning of Waqf boards and ensure mandatory inclusion of women. This initiative responds to demands from within the Muslim community and includes around 40 amendments. The Bill mandates mandatory verification for property claims by Waqf Boards and revises sections of the Act to change the composition and functioning of the Boards, incorporating women’s representation. Key amendments include mandatory verification of property claims and revisions to the composition and functioning of Waqf Boards to ensure better governance. ALSO READ: Waqf through the ages: How Rs 1-lakh crore property owner board acquires land and what the govt aims to change

heatwaves have become more frequent and intense, emerging as a significant contributor to heat-related deaths. Researchers said that this underscores the urgency of recognising their impact and severity. In the study, published in the journal Nexus, the researchers from The Hong Kong Polytechnic University analysed six available heat wave indices, including the Wet Bulb Globe Temperature (WBGT) index and Canada's humidex. WBGT index was first developed in the 1950s by the US military to prevent heat-related illnesses in training camps.

Union Minister Pralhad Joshi said on Thursday that the central government is not targeting anyone by bringing amendments to the Waqf Board Act and added that the opposition parties want to «only create an atmosphere.» «We are not targeting anyone. They (Opposition) want to only create an atmosphere. Our minister will explain in detail when he introduces the bill. They want to misguide some people in the community. They are trying to tarnish the image of India. We are one of the best democracies in the world,» Pralhad Joshi said while speaking to ANI. Parliamentary Affairs Minister Kiren Rijiju on Thursday moved the Waqf (Amendment) Bill, 2024 in Lok Sabha. Congress MP KC Venugopal opposed the bill in the House and dubbed it an «attack on the federal system.»

ride-hailing drivers are facing the threat of job loss from artificial intelligence as robotaxis begin to proliferate. Self-driving technology, still experimental, is being aggressively greenlit in China compared to the US, where approvals are often suspended after accidents. At least 19 Chinese cities are testing robotaxis and robobuses, with seven cities approving tests without human-driver monitors from at least five industry leaders: Apollo Go, Pony.ai, WeRide, AutoX, and SAIC Motor. Apollo Go, a subsidiary of technology giant Baidu, plans to deploy 1,000 robotaxis in Wuhan by year-end and operate in 100 cities by 2030. Pony.ai, backed by Japan's Toyota Motor, operates 300 robotaxis with plans to increase to 1,000 by 2026. WeRide is known for autonomous taxis, vans, buses, and street sweepers, while AutoX, backed by Alibaba Group, operates in cities including Beijing and Shanghai. SAIC Motor has been operating robotaxis since 2021. In the US, Alphabet's Waymo operates uncrewed robotaxis that collect fares, with over 1,000 cars in San Francisco, Los Angeles, and Phoenix. Cruise, backed by General Motors, resumed testing in April after an accident last year.

China's 7 million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed in the face of a nationwide glut of unsold apartments. Now he predicts another crisis as he stands next to his car watching neighbours order driverless taxis. «Everyone will go hungry,» he said of Wuhan drivers competing against robotaxis from Apollo Go, a subsidiary of technology giant Baidu.

Balanced Advantage fund, the second-largest dynamic asset allocation scheme with assets under management of ₹60,000 crore, reduced its equity allocation to 31.2% in July, the lowest in the past 20 months, amid increasing equity valuation. «The fund is run in a countercyclical manner, paring down equity when markets rise and increasing it when markets fall. In line with the model and the prevailing high equity market valuations, the net equity levels of the fund have been reduced,» said Sankaran Naren, CEO, ICICI Prudential Mutual Fund. Balanced advantage funds invest in a mix of debt and equity, based on market valuations. Such schemes lower allocation to equities when market valuations appear expensive and vice versa. The net equity component in the scheme can vary between 30% and 80%, with the balance being invested in a mix of arbitrage and debt, with total equity allocation above 65%, thereby giving it equity taxation. Fund managers decide equity valuations based on the trailing price-to-earnings (PE) ratio of Nifty 50 or S&P BSE 100 and use other ratios like price-to-book and dividend yield to decide equity allocation.

Boutique banks have been having a pretty good 2024 so far, with Evercore and Moelis in particular recording spectacular revenue increases. As a consequence, they’ve been hiring – both from each other and from Wall Street.

One reason why Goldman Sachs made its ill-fated move into «platform businesses» that were supposed to generate a steady flow of income for minimal incremental effort was that its lucrative sales and trading business was seen as being too erratic. The firm's latest 10Q filing today, says times have changed. 

riots in parts of the UK. Sky asked its employees to leave early while BBC and ITV allowed their employees to work from home. These instructions came as reports emerged about possible riots in parts of London, as per a report on Deadline. Thousands of riot police stood ready Wednesday as Britain remained on high alert for more violent far-right protests across the country. Nightly riots, during which mosques and migrant targets have been attacked, have erupted in English towns and cities since three children were murdered on July 29, as per AFP report. Police were steeling themselves for more than 100 demonstrations linked to the disorder on Wednesday, including possible counter-protests by anti-fascist activists. Courts have ordered jail terms for offenders as authorities seek to head off new troubles.

Documents obtained by The Associated Press show that a gear crack that led to a fatal crash of a V-22 Osprey last year may have been started by weak spots in a metal used to manufacture that part

The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence

Mijain Lopez has gone out on top. The 41-year-old Cuban defeated Yasmani Acosta Fernandez of Chile 6-0 in the 130-kilogram final at the Paris Olympics on Tuesday to win his fifth consecutive gold medal in Greco-Roman wrestling. He's the first Olympic athlete to win gold in the same event at five consecutive Games, and the first wrestler to win five gold medals.

Pershing is being fined and censured by Finra for failing to report fractional share trades executed for customers for 16 years, the self-regulatory agency disclosed Tuesday.

₹33,999 for the 12GB RAM and 256GB storage variant, the Deadpool Limited Edition F6 is available for purchase on Flipkart. Shoppers can benefit from a substantial discount of up to ₹28,200 on exchanges, with an additional ₹4,000 off for select trade-ins.

Stocks climbed around the globe and bonds fell after the Bank of Japan moved to reassure markets in the wake of historic volatility sparked in part by the Asian nation’s unexpected rate hike last week.

Registered investment advisors using the Flourish Annuities platform will benefit from an expansion of the marketplace announced this week.

As volatility gripped global markets to start the week, hedge funds stepped in to buy the big dip in technology shares, according to Goldman Sachs Group Inc.’s prime brokerage data.

In a significant relief for beleaguered investment advisors, the Securities and Exchange Board of India (Sebi) has proposed relaxing existing regulations on qualifications for registered investment advisors (RIAs) and research analysts. This comes after years of tightening rules that have strained the industry.