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MoEFCC) plans to promote urban biodiversity to mitigate pollution, provide cleaner air, reduce noise, and harvest water, the official added. Further, pointing out that biodiversity will help issues such as spiralling mosquito population and monkeys moving into cities due to lack of green spaces, the official also noted that water conservation and crop production are other concern areas that can be addressed with urban forests. “If you look especially at South Delhi, the water table is depleting faster and many plants are needed to restore greenery," the person said.

workspace provider Incuspaze has raised $8 million (₹67 crore) led by the India Inflection Opportunity Fund (IIOF) and other financial institutions in its maiden funding round. The IIOF specialises in late-stage venture capital investments, focusing on companies poised for pre-IPO stages with clear strategies for stock market listing. Incuspaze has a portfolio of 3 million square feet in 18 cities across 44 locations. «This investment will significantly bolster our capabilities to provide top-tier workspace solutions tailored to enterprises, MSMEs, and startups. With our clear profitability matrix and enterprise-focused approach, we aim to become a dominant player in Indi's flexible workspace market,» said Sanjay Choudhary, founder & CEO, Incuspaze. It recently leased 220,000 square feet of space in Gurugram's M3M Urbana project on Golf Course Extension Road.

orphan drugs from the government-set price controls, people in the know told ET. It has asked the government to do away with the existing practice of 50% price cuts upon patent expiry, arguing that the government's price-setting provisions will stymie innovation. In a recent meeting held with the Department of Pharmaceuticals (DoP), the OPPI also sought exemption from price controls for drugs used for rare diseases.

insolvency resolution process (CIRP) of bankrupt companies to providing financial support to fight arbitration suits or even helping companies find sector expert lawyers for fighting costly disputes, a clutch of litigation funding startups are offering a range of services in the third-party funding market in India. Startups such as LegalPay, LitiCap, LegalFund and FightRight are helping companies fund their costly disputes, focusing on sectors including infrastructure, real estate, logistics, media entertainment and manufacturing.

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software update that caused technological havoc worldwide on Friday, and its repercussions continued through the weekend. The breadth of the outages highlighted the fragility of a digitized world dependent on a few providers for key computing services. But the problem appeared to divide those affected into haves and have-nots. Major customers of Microsoft and CrowdStrike are getting IT support to resolve the issues, but many smaller businesses whose Windows PCs may have received the problematic update are still struggling. Take Tsvetta Kaleynska, owner and founder of the Manhattan-based consumer insights company RILA Global Consulting, which has Fortune 500 clients. As of Saturday, she resolved the payroll issue and she got an extension until Monday on the research project. But the prospective client will not move forward with the new contract, cutting her annual earnings by nearly 25%, she estimated. The problem: she couldn't sign the contract because Docusign, which runs on Microsoft software affected by the faulty update, was down.

West Bengal Chief Minister Mamata Banerjee offered shelter to people in distress from Bangladesh, sources in the Central government said a state administration has no locus standi on the issue. These matters are handled by the Union government and the comments are «totally misplaced», the sources said. In an address at a public event in Kolkata, Banerjee, referring to violence-hit Bangladesh, said she would keep the doors of West Bengal open for people in distress from the neighbouring country and offer them shelter. «These are matters which are handled by the Union government,» said a source in the Central government.

Taxation of capital gains has again gained currency in the run-up to the budget. Specifically, the treatment of capital gains arising from equity ownership. Theoretically, there is little to justify differential treatment of capital gains arising from separate asset classes.

Amazon Prime Day sale ends soon : Awesome discounts on best kitchen appliances like chimneys, microwaves, and moreThe LG 55-inch 4K Ultra HD Smart OLED TV, available on Amazon, is a top-of-the-line option for those seeking the best picture quality and immersive experience. The OLED display delivers perfect blacks, infinite contrast, and vibrant colours.

Narendra Modi on Sunday announced that India will contribute one million dollars to the UNESCO World Heritage Centre to provide support for heritage conservation in countries, especially of the Global South. Speaking at the inauguration of the 46th session of the World Heritage Committee at Bharat Mandapam in New Delhi today, PM Modi said that India considers the preservation of global heritage as its responsibility, and hence, is providing support for heritage conservation not only in India but also in countries of the Global South. «India considers the preservation of global heritage as its responsibility, and hence, we are providing support for heritage conservation not only in India but also in countries of the Global South. India is assisting in the conservation of many heritages like Angkor Wat in Cambodia, Cham Temples in Vietnam, and Bagan Stupa in Myanmar. In this direction, I am making an announcement. India will contribute one million dollars to the UNESCO World Heritage Centre. This grant will be used for capacity building, technical assistance, and the conservation of world heritage sites,» PM Modi said.

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With the key highlight of the session to be Union Budget by Finance Minister on Tuesday, the Monsoon Session will observe a stormy battle with united opposition, INDIA bloc, set to corner the Centre on issues ranging from the NEET paper leak case and railway safety.

vote of confidence in Parliament on Sunday, nearly a week after he was sworn in to lead a coalition government in the Himalayan nation. Oli secured 188 votes in favour of the Vote of Confidence motion tabled by him while 74 votes were cast against the motion. Out of a total of 263 members of the House of Representatives, who were present, one member abstained. Oli, 72, required 138 votes out of a total of 275 votes to pass the floor test in the House of Representatives (HoR). Prime Minister Oli has won the vote of confidence in the Lower House, Speaker of the HoR Dev Raj Ghimire announced after the counting of votes.

Heavy rains pounded Mumbai and its suburbs on Sunday, disrupting flight operations and inundating roads in many parts of the city, officials said. Flight operations at Chhatrapati Shivaji Maharaj International Airport were suspended twice for a brief period due to inclement weather and low visibility, a source said. At least 15 flights were diverted to the nearby airports, mainly Ahmedabad, till 4 pm. As intermittent heavy spells of rain hit the city, runway operations were suspended at 12.12 pm for eight minutes and from 1 pm to 1.15 pm, the source said.

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Food Processing Minister Chirag Paswan feels that his ministry «deserves a good budget» allocation for setting up of processing units across the country which will help in providing job opportunities to local people and also boost farmers' income. Without disclosing contents of his ministry's request from the Finance Minister Nirmala Sitharaman, Paswan said his ministry has sent the Budget wish list to the finance ministry and was not sure of how much of that will be accepted in this budget, considering the limitations. But, he was hopeful that the wishlist would be accepted in the subsequent years. In an interaction with PTI, he also outlined his top three priorities — setting up of food processing units, taking Indian brands to global markets and clearing various misconceptions regarding processed foods.

population dynamics, potentially leading to an ageing crisis, Dr Ajay Murdia, the man behind India's one of the largest fertility chain, Indira IVF, has said. Talking to PTI ahead of the World IVF Day on July 25, Dr Murdia said that India stands at a critical crossroads, facing an unprecedented infertility crisis that threatens not only millions of families but the country's future demographic balance. «According to some estimates, about 27.5 million married couples are actively trying to conceive and are suffering from infertility. But only about 275,000 IVF cycles are performed every year,» he said. «This silent epidemic, affecting one in six couples, is rapidly evolving into a national emergency with far-reaching consequences for India's societal structure and economic prospects,» Murdia, Founder and Chairman of Indira IVF, said.

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investing has grown by leaps and bounds creating a vibrant startup ecosystem in India. The Private Market Play

Aam Aadmi Party Rajya Sabha MP Sanjay Singh on Sunday accused BJP of «messing» with the health of Delhi Chief Minister Arvind Kejriwal, who is lodged in Tihar jail. Addressing a press conference, Singh said that Kejriwal's medical report shows that anything can happen to him anytime. «The BJP is messing with Kejriwal's health. Initially, they were saying that he is eating sweets and trying to spike his sugar levels but now they are saying that he has reduced his food intake. Why will someone do this and pose a threat to their own life?» Singh said.