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Amit Shah on Sunday said the three proposed criminal laws are people-centric, have the flavour of Indian soil and their main purpose is to protect the constitutional, human and personal rights of citizens. Addressing the International Lawyers' Conference organised by the Bar Council of India here, Shah also said the approach of the three bills is also to provide justice rather than mete out punishment. He appealed to all lawyers in the country to provide their suggestions to the Bharatiya Nyaya Sanhita (BNS-2023), Bharatiya Nagarik Suraksha Sanhita (BNSS-2023) and the Bharatiya Sakshya Adhiniyam (BSA-2023) so that the country can have the best laws that benefit all. The three bills, which were introduced in the Lok Sabha on August 11, will replace the Indian Penal Code, 1860, Criminal Procedure Act, 1898, and the Indian Evidence Act, 1872 respectively. «India's criminal justice system was imprinted with colonial law.

India has been carrying out a lot of construction activities at the China border in the last three years, BRO Director General Lt General Rajeev Chaudhry said on Sunday. The DG was here to inspect the ongoing construction work of an air dispatch unit of the Border Roads Organisation (BRO), touted to be the world's largest 3D concrete printed campus. Chaudhry said the government of India is fully supporting the BRO for carrying out infrastructure development projects by way of increasing the budget and new technology. The government of India has «increased our budget by 100 per cent in the last two years», he added. When asked if China is carrying out big infrastructure development near the border areas of India, the DG said that a lot of construction activities have been being carried out by the BRO and other agencies at the China border in the last three years. The DG said that around 300 BRO projects worth Rs 8,000 crore were completed during the last few years. «In the last three years, we set up 295 road projects, bridges, tunnels and airfields which were dedicated to the nation,» Chaudhry said. «In four months, our 60 more projects will be ready and the pace of our work has increased,» he added. The DG said that the BRO was using steel slag — a by-product of steel — and plastic in the construction of roads. «Today, the BRO's pace of work is quite fast and the government has complete support in it, be it the budget, machines, new technology and simplification of procedures.

MotoGP race in Greater Noida has provided Uttar Pradesh with economic opportunities worth around Rs 1,000 crore besides employment generation on a large scale, the state's Industrial Development Minister Nand Gopal Gupta said on Sunday. While addressing a Business Conclave ahead of the main event of MotoGP's first-ever bike race in India at the Buddh International Circuit (BIC) on Sunday, the minister for Export, NRI and Investment Promotion, said, «With the successful organization of Global Investor Summit, International Trade Show and MotoGP, Uttar Pradesh is completing the hat-trick of international events in the year 2023. »The telecast of this event is reaching 50 crore homes in 200 countries through satellite TV," Gupta said. «More than one lakh tickets have been sold for the MotoGP event.

artificial intelligence (AI) and machine learning — posers on what kind of skills we should arm ourselves with.Coursera — one of the online platforms that provide learning modules across business, technology and analytics domains for working professionals across countries, domains and age groups — recently shared its analysis of learner interest and trends from India. What stood out from this data was that its Indian learners were more likely to be developing AI-related skills than learners in many other countries, over-indexing on learning about artificial neural networks (1.15x), applied machine learning (1.2x), and machine learning algorithms (1.2x). Over-indexing, in this context, refers to a higher percentage of people choosing the courses compared with the benchmark. The other areas that saw high indexing among Indian learners — beyond AI/machine learning — included data visualisation software, blockchain, supply chain systems, software architecture, investment management, people analysis, C programming, distributed computing, algorithms and data structures.

Shein is sending more low-priced apparel and home goods to US warehouses from China to speed up shipping times for shoppers, according to data from global trade analysis firm ImportGenius provided exclusively to Reuters. Shein, known for its $10 tops and $5 biker shorts, until recently has made many American purchasers face wait times of up to two weeks or more to receive their goods. This, say analysts, has put the fast-fashion e-tailer at a competitive disadvantage to bigger rivals such as Target, Walmart and Amazon.com, particularly during the holiday shopping season.

Quincy Krosby, Financial Chief Global strategist, discusses consumer spending, the labor market and inflation data.

To make surety bond business more attractive, the government is looking at making relevant changes in the Insolvency and Bankruptcy Code (IBC) to consider insurers as financial creditor in case of default of infra projects.The surety bond issued by a general insurance company is a three-party contract by which one party (the surety) guarantees the performance or obligations of a second party (the principal) to a third party (the obligee).The surety is a company that provides the financial guarantee to the obligee (usually a government entity) that the principal (business owner) will fulfil their obligations.

Long-term Recurring Deposits (RDs) offer several benefits for people looking to save and grow their money over an extended period. They offer a disciplined and predictable way to save and grow your money over an extended period. RD is particularly beneficial for individuals, for example, senior citizens, who want to achieve specific financial goals or prefer low-risk investments with guaranteed returns.

By John Kallelil

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LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio. Huayou has joined the growing number of Chinese electric vehicle and battery companies seeking to expand overseas to get closer to their foreign clients and benefit from local incentives.

real estate is gradually gaining acceptance among investors as assets under management have touched Rs 4,000 crore, according to a report. TruBoard Partners, a tech-enabled real asset management company, has come out with a report on fractional ownership. Many private companies have set up fractional ownership platforms that allow investors to own a fraction of real estate assets. «Fractional ownership typically involves the ownership of an underlying real estate asset among multiple investors.

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Missile Cum Ammunition (MCA) Barge, Yard 77 (LSAM 9) was launched by Cmde G Ravi, Warship Production Superintendent (Visakhapatnam), on Friday at Guttenadeevi, East Godavari, Andhra Pradesh (the launch site of M/s SECON), ministry of defence said in a statement. With all major and auxiliary equipment/systems sourced from indigenous manufacturers, this barge is a proud flag bearer of the “Make in India” initiatives of the ministry of defence. «Contract for construction and delivery of 08 x Missile Cum Ammunition (MCA) Barge was concluded with M/s SECON Engineering Projects Pvt Ltd, Visakhapatnam, a MSME, in consonance with “Aatmanirbhar Bharat” initiatives of the Government of India. The MSME shipyard has already delivered first MCA Barge on 18 Jul 23 and has launched Second Barge on 18 Aug 23.

Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts. The Reserve Bank had raised the benchmark repo rate to 6.5 per cent on February 8, 2023 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation and certain global factors including elevated crude oil prices in the international market. The Reserve Bank Governor-headed six-member Monetary Policy Committee (MPC) meeting is scheduled for October 4-6, 2023. The last meeting of the MPC, the highest rating-setting panel, was in August. «We do expect the RBI to hold on to a status quo position this time as inflation is still high and liquidity tight.

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Quadrant Private Equity’s Pacific Hunter hospitality empire has been handed a lifeline after its two lenders extended the debt out two years and provided the group with access to additional facilities.

Vande Bharat Express train, with regular operations of the Patna-Howrah-Patna route commencing on September 26th. In a noteworthy development, Prime Minister Narendra Modi will virtually inaugurate this service on Sunday.

Prime Minister Narendra Modi on Sunday flagged off nine Vande Bharat trains virtually in a move that is expected to significantly improve rail connectivity to religious and tourist destinations across 11 Indian states. «Speed, scale of infrastructure development is matching aspirations of 140 crore Indians,» PM Modi at the event he attended virtually. He added that popularity of Vande Bharat trains is rising constantly rising as over 1.11 crore passengers have already travelled in them. According to an official statement, these new Vande Bharat trains will be the fastest on their respective routes, ensuring passengers save a considerable amount of time during their journeys. «Now, 25 Vande Bharat trains running, now nine more added; that day is not far when these trains will connect all parts of country,» said PM Modi. «Under PM Modi's vision the railway sector has transformed in the past nine years… Several new facilities are being installed,» said Railway Minister Ashwini Vaishnaw at the event.Catch Live Updates of the Vande Bharat train launch here The routes on which these trains will operate are as follows: