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The bridge over the Kurung River connects Bairabi with Sairang and is roughly 21 km away from capital Aizawl. The Northeast Frontier Railway (NFR), which is implementing the 51.38 km railway project, has rushed medical and engineering teams to provide medical assistance and to help in the recovery process. NFR general manager (construction) Sunil Kumar Jha, along with senior officials, have rushed to Mizoram from the NFR headquarters in Maligaon (Guwahati). Prime Minister Narendra Modi, Union Home Minister Amit Shah, Railway Minister Ashwini Vaishnaw, chief ministers of the northeastern states and top leaders have expressed their anguish over the mishap. The PM, who is now in Johannesburg for the BRICS Summit, announced an ex-gratia of ₹2 lakh from the Prime Minister's National Relief Fund (PMNRF) to the next of kin of those deceased and ₹50,000 for those injured. The railway minister announced an ex-gratia compensation of ₹10 lakh to the kin of the deceased; ₹2 lakh for those who have been grievously injured and ₹50,000 for those with minor injuries. Mizoram Chief Minister Zoramthanga, posted on X: «Under construction railway overbridge at Sairang, near Aizawl collapsed today; at least 17 workers died: Rescue under progress.

PayPal will make it easier to invest in crypto as major banks remain cool on the space, under a deal with Independent Reserve that will allow its customers to use a credit card to send Australian dollars to its digital currency exchange.

Wesfarmers has singled out Woodside Energy in an escalating row over domestic gas supply in Western Australia, warning the situation in the state is putting investment in critical minerals processing at risk.

The 117 PwC partners who will join spin-off Scyne Advisory will get a similar income as before, but be paid like executives in a corporation via base pay, equity and potential bonuses rather than a share of profits per year.

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Tata Communications, a part of Tata Group, Wednesday said it plans to raise ₹1,750 crore through issuance of non-convertible debentures (NCDs). The deemed date of allotment of the NCDs is August 29 and they will mature after three years of the allotment date. Tata Communications in a regulatory filing said the issuance will be done on a private placement basis to eligible investors. The company will issue a total of 175,000 NCDs of face value ₹1,00,000 each aggregating to ₹ 1,750 crore, the filing said. «The NCDs are proposed to be listed on the wholesale debt market segment of the National Stock Exchange of India Limited,» it added.

Reliance Jio and Vodafone Idea (Vi) have called for auctions as the default mechanism for spectrum assignment for broadcast and telecom applications, a suggestion which was opposed by broadcast entities and peer telecom operators. At an open house discussion hosted by the Telecom Regulatory Authority of India (Trai) Wednesday, Bharti Airtel reiterated the need for regulation of content tariff across distribution platforms so that the same content is not priced radically different on different platforms. The topic of the discussion was 'Regulating Converged Digital Technologies and Services — Enabling Convergence of Carriage of Broadcasting and Telecommunication'. «Auction should be the default mechanism for assignment of spectrum whether it is for telecom or broadcasting so — satellite or terrestrial,» a representative from Jio said during the three-hour-long discussion held virtually. Jio said more spectrum should be made available for 5G, and that the service provider should be allowed to decide what to use acquired spectrum for, rather than the regulator pre-deciding which band can be used for what purpose. «Majority of spectrum bands can be used interchangeably between separate satellite and terrestrial networks,» the Jio representative said. Vodafone Idea, in its comments, supported the view that all spectrum should be auctioned.

NEW DELHI : Contesting claims of a cost overrun in the construction of the Dwarka Expressway by the Comptroller and Auditor General’s (CAG), Union minister for road transport and highways Nitin Gadkari asserted that the project did not experience any cost overrun or corruption. Speaking at the Mint Sustainability Summit 2023 on Wednesday, he, however, added that ministry officials erred in not providing a written response to CAG’s findings. “In the Bharatmala programme, there was no detailed estimated cost.

India should prioritize water conservation to make it an integral part of its development strategy as it emerges as one of the world’s fastest-growing economies, jal shakti minister Gajendra Singh Shekhawat said on Wednesday. “With India being one of the fastest growing economies in the world today, it is imperative for the country to show seriousness towards increasing use of water and its conservation to move forward with its developmental pursuit," the minister told the Mint sustainability summit. India, with 18% of the global population, possesses a mere 4% of the world’s potable clean water resources, setting the stage for a looming crisis.

Brics this week to air their grievances against Western powers, present themselves as defenders of developing economies and set out the case for an alternative international order. Russian President Vladimir Putin, addressing the South African summit by video, accused the West of provoking everything from the war in Ukraine and global inflation to hunger in the world’s most vulnerable countries by hampering Russian grain and fertilizer sales through sanctions.

Benefit Street Partners and other unsecured creditors of oil driller Sanchez Energy wrested control of the reorganized company from senior lenders earlier this month. They have had little time to celebrate. After winning a court battle for control of the business, Benefit Street now faces a different fight—to keep the extra payoff it expects to receive for financing the litigation.

Chandrayaan-3 on Moon, RSS chief Mohan Bhagwat on Wednesday said that India will lead the world on the path of both material as well as spiritual progress. «Until now no one had landed on the south pole of the Moon. Our scientists after long hard work have achieved this feat of landing first in the south pole.

Join us as we explore a range of options that combine functionality and affordability, ensuring that you have the perfect tool to enhance your culinary experiences. Elevate your cooking endeavors without breaking the bank, as we present the best small mixer grinders that are accessible to all at just Rs.1100 and above.

WeWork is tapping advisers for restructuring advice as it struggles with a heavy debt load and poor financial performance, Bloomberg News reported on Wednesday citing people familiar with the matter. Shares of the Softbank Group-backed WeWork fell about 15% to 0.12 cents in afternoon trade. The New York Stock Exchange (NYSE) suspended trading in WeWork's warrants on Tuesday due to «abnormally low» trading price levels and said will initiate proceedings to delist them. The flexible workspace provider has hired real estate adviser Hilco Global, engaged consultant Alvarez & Marsal and re-engaged law firm Kirkland & Ellis for advice on its options, according to the report. The company is seeking to avoid a Chapter 11 bankruptcy filing and restructure its debts out of court, the report added citing a person familiar with the matter. WeWork, Hilco Global, Alvarez & Marsal and Kirkland & Ellis did not immediately respond to Reuters' requests for comment.

Shell Energy India on Wednesday said it will invest Rs 3,500 crore in Gujarat to set up a renewable energy facility, charging stations for electric vehicles, and an LNG regasification terminal, which would create nearly 4,300 jobs. A memorandum of understanding (MoU) in this regard was signed between the Gujarat government and Shell Energy India in Gandhinagar on Wednesday in the presence of Chief Minister Bhupendra Patel, a government release said. The agreement has been signed as part of the upcoming 10th edition of the Vibrant Gujarat Global Summit to be held in January next year, said the release. Under this MoU, Shell Energy India will invest Rs 2,200 crore to set up a renewable energy production facility on 1,200 acres in Banaskantha district of north Gujarat. The facility will provide direct and indirect employment to more than 1,000 people, and it is expected to commence commercial production by 2026.

After Bruce Pearl discovered Lake Martin in east-central Alabama, he dreamed about owning a piece of property along its shoreline. Pearl, who has been head coach of Auburn University’s men’s basketball team for roughly a decade, began visiting the lake in 2014 on the recommendation of a friend. In 2019, after he coached his team to the NCAA Men’s Final Four , a bump in pay allowed Pearl, now 63, to build his family a vacation home on the lake.

By Hannah Lang

At the Bengaluru edition of the ET Soonicorns Summit 2023 – an Economic Times initiative to track the next frontiers of growth for the Indian startup ecosystem – the maritime startup sector will be in focus, with a Keynote Address by Sarbananda Sonowal, Union Minister for Ports, Shipping, and Waterways, Government of India on the theme of ‘Building a future-ready maritime shipping industry to power India@100.’ The Summit – scheduled to bring together key policymakers, entrepreneurs, investors and ecosystem stakeholders in Bengaluru on August 26 – will feature a special Maritime Startup Spotlight Track which will also showcase disruptive startups from the sector, such as ShipsKart, Navalt, EyeROV, Planys, and Logstar, among others, along with the launch of a report on the 50 Emerging Maritime Startups of India.Register now for the ET Soonicorns Summit With a focus on fostering connections, sharing actionable insights, and enabling collaborations, the ET Soonicorns Summit provides a platform for startups, investors, policymakers, and industry influencers to explore the key trends and themes shaping India’s innovation economy and define a roadmap for powering the future of India's technological transformation. The Inaugural Session of the ET Soonicorns Summit, which will feature the Keynote Address by Union Minister Sonowal, will also include inaugural addresses by influential leaders in the ecosystem.

Infosys Foundation announced the winners of the third edition of its Aarohan Social Innovation Awards on Wednesday. The eight winners across Education, Healthcare and Women empowerment categories, shortlisted over a pool of 2,400 entries, received Rs 50 lakh each in prize money.Infosys Foundation founder Sudha Murthy said compassion is the basis of the foundation's work.

Taylor Swift fans, known as Swifties, have a golden opportunity to secure their spots at 'The Eras Tour' as a new wave of tickets is set to hit the market on August 22, for her performances in Japan. In a surprise announcement, Lawson Ticket unveiled that the highly sought-after tickets would become available at 7 p.m. JST (6 p.m. Manila time). The process to obtain these coveted passes can be initiated through a link provided by Lawson Ticket on its official website. Responding to the overwhelming demand from ardent fans, the organizers stated, «Due to popular demand, we have decided to sell a few additional copies on a first come, first served basis. Don't miss this opportunity to be part of the magic!» The heart of the event will be the Tokyo Dome, boasting a massive capacity of 55,000 attendees. From February 7 to 10, 2024, Swift will grace the stage at this iconic venue, captivating the Japanese audience with her chart-topping hits and unmatched showmanship. Introduced in November of the previous year, The Eras Tour is Taylor Swift's artistic voyage through the various musical phases of her illustrious career. The inaugural leg of the tour spanned from March 18 to August 5, encompassing stadiums across the United States. This extraordinary musical journey is scheduled to culminate in August 2024. While Japan is a pivotal stop on the tour, the excitement will continue to reverberate across Asia. Beyond Japan, the only other Asian destination to host The Eras Tour is Singapore. The electrifying performances will unfold at the colossal National Stadium, accommodating 55,000 fans, on March 2, 3, 4, 7, 8, and 9, 2024.

NASA, and more. The two European stations will complement support from NASA's Deep Space Network and ISRO's own stations to ensure the spacecraft's operators never lose sight of their pioneering Moon craft. Meanwhile, the Canberra Deep Space Communications Complex, which is part of NASA's Deep Space Network, earlier tweeted, “The Goldstone Deep Space Communications Complex, part of said Our sister station @GoldstoneDSN continues with two-way communications for @isro's #Chandrayaan3 mission to the Moon.