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Silkyara tunnel be expedited to save the workers and called for a detailed probe into the incident while reiterating its demand to withdraw the Code on Occupational Safety, Health and Working Conditions, 2020. “There should be a thorough probe into the laxity at any level, right from tendering to various other stages of work of the tunnel,” the trade unions said in a joint letter. The 10 unions include Congress-backed INTUC, AITUC of the Communist Party, HMS, CITU, AIUTUC, TUCC, Sewa, Aicctu, LPF and UTUC along with independent sectoral federations and associations. “We demand the Occupational Safety and Health Code, based on the premise of ‘ease of doing business’, be withdrawn forthwith, which weakens whatever safety measures exist at present, rather pushes the workers out of the safety net,” it said. The trade unions demanded that the government ratify the ILO conventions about health and safety, which have been brought under Fundamental Principles of Rights at Work by ILO in its session in 2022. “We demand that all the four codes, including the Code on OSH, be withdrawn and the Indian Labour Conference should be held at the earliest to address the workers’ concerns on codification of laws,” it said in a statement. The road transport and highways secretary Anurag Jain said on Tuesday that the government hopes to rescue the trapped workers in 72 hours if the horizontal drilling of the tunnel, resumed on Tuesday, is successful. 41 workers got trapped after a portion of the tunnel under construction between Silkyara and Dandalgaon on the Brahmakhal-Yamunotri national highway collapsed on November 12. As part of the Chardham Mahamarg Pariyojana, the road transport and highway ministry has taken up the construction

Bank of India (RBI) to be 6.5% for the current year, which is exactly where it was in the last ‘normal’ year before the pandemic (i.e. 2018-19). This begs the question that if GDP growth is back at pre-pandemic levels, why is the central government fiscal deficit much higher (5.9% target for 2023-24 versus 3.4%)? The need to lower the deficit is well known.

Siddhesh Mehta, Research Analyst, SAMCO Securities, says “if the investors are investing in the Tata Technologies IPO with the motive of listing gains, then they should not enter the IPO if there is a big gap up. But if they are entering with a long-term perspective, then the IPO is worth investing for the investors. The investors should not miss this opportunity.” What is your view on Tata Technologies? It is a must subscribe, but post that, is it a must buy even if there is a gap up listing? The Tata Technologies IPO garnered significant attention following the filing of its DRHP and today it has made its debut on Dalal Street. The earnings valuation is relatively cheap. We can also say that the IPO has an attractive and not an aggressive valuation. So, with a long-term perspective, we can subscribe to the IPO even after a big gap up because the Tata Group has its name as its legacy.

Britain’s Conservative government will try to win favor with voters by cutting taxes but avoiding worsening inflation in a budget statement

A culinary issue erupted as the European Parliament prepares to vote on Wednesday on a proposal about packaging waste

Israel’s Cabinet on Wednesday approved a temporary cease-fire with the Hamas militant group that is expected to bring the first halt in fighting in a devastating six-week conflict and win freedom for dozens of hostages held captive in the Gaza Strip.The deal calls for a four-day cease-fire, during which Israel will halt its military offensive in Gaza while Hamas frees “at least” 50 of the roughly 240 hostages it and other militants are holding, Prime Minister Benjamin Netanyahu’s office said. The first hostages to be released are women and children.“The government of Israel is committed to bringing all of the hostages home.

The year is drawing to a close and the stock market is at the crossroads. On on side uncertainties are looming, but on the other unbridled optimism is driving investors' confidence. ETMutualFunds spoke to Rahul Singh, CIO — Equities, Tata Mutual Fund, to make sense of what is happening in the market.

support a plan that calls for the release of 50 women and children taken captive by Palestinian Hamas militants in exchange for a five-day ceasefire in hostilities, according to the office of Prime Minister Benjamin Netanyahu. Israeli Prime Minister Benjamin Netanyahu has stated unequivocally that when the truce ends, the onslaught on Hamas will restart. Both parties evaluate the possible advantages of a respite in hostilities, and this delicate balance is in jeopardy.

SBI PO Prelims Result 2023: State Bank of India has announced the results of the preliminary examination of Probationary Officers recruitment (SBI PO Prelims 2023). Candidates who appeared for the examination can check their results at SBI's official website, sbi.co.in in the careers portal. In November, the online preliminary examination for the post of SBI Probationary Officer recruitment was conducted by the Institute of Banking Personnel Selection (IBPS).

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says both the dominant segments where Tata Technology is involved are supposed to be exploding at this stage. Tata Technology will benefit from a credible management, fantastic track record, and a great parentage. The valuation at which it is coming is also very reasonable compared with its peers. The Tata Tech IPO will open on November 22 after a hiatus of almost 18 to 19 years from the Tata stable. The IPO price band has been decided at Rs. 475-500. Despite that, the implied valuation turns out to be around Rs 20,000 odd crore. Tata Tech's valuations are around 25 to 30 times forward earnings and that compares with an L&T Tech which is upwards of 35 times. KPIT Tech which is trading at 60 times forward earnings. Tata Elxsi is close to 65-70 times. What is your view on Tata Tech? Well, I am extremely positive.

Carbon-free electricity has never been more plentiful. Wind and solar power have taken off over the past two decades, faster than experts ever expected.

Polycab India and KEI Industries. JPMorgan maintained an overweight rating on RIL and Morgan Stanley has an underweight rating on IGL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on Polycab India and KEI Industries: Buy Goldman Sachs initiated coverage with a buy rating on Polycab India and a target of Rs 5750 while on KEI Industries it has kept a target of Rs 2730. Both companies are in a prime position to benefit from the nation's infrastructure push.

stock market reacted with optimism Tuesday to the resounding election win by libertarian Javier Milei, despite the country being gripped by uncertainty over what changes the self-described «anarcho-capitalist» will bring. Milei, a 53-year-old economist who has vowed to scrap multiple government departments and sometimes campaigned by waving a chainsaw from the stage, trounced Argentina's long-dominant Peronist coalition as voters punished the government for decades of economic decline. Latin America's third-biggest economy is creaking under annual inflation of 143 percent. Monday, the day after the election, was a public holiday in Argentina, delaying the market reaction.

The BIS Innovation Hub and the Cyber Resilience Coordination Centre (CRCC) hosted a conference on November 8, 2023, focused on «Securing the future monetary system: cyber security for central bank digital currencies». General Manager Agustín Carstens opened the event with a clear message: the advent of CBDCs is inevitable, and their security is paramount to the future financial system.

New Delhi’s private schools in their recent announcement regarding nursery admissions highlighted the significance of proximity as a primary factor, accruing the maximum points for applicants. The registration process for nursery, KG, and Class I seats for the general category commences on Thursday and concludes on December 15.

Karnataka Chief Minister Siddaramaiah on Tuesday said his decision to do justice to the disadvantaged communities, by accepting the report of the Socio-Economic and Education Survey, popularly known as the "caste census", is unwavering. His statement is seen as significant as the Karnataka State Commission for Backward Classes chairperson is expected to submit the report to the state government this month.

Eminem previously demanded that Vivek Ramaswamy stop using his music on the campaign trail, and the Republican presidential contender appeared to be willing to drop the matter. Eminem has also threatened to sue Vivek Ramaswamy for the use of his song "Lose Yourself." Eminem took issue with the usage of his music during Ramaswamy's campaign events, according to a cease-and-desist letter sent to Ramaswamy's lawyer on August 23, 2023. It came more than a week after Ramaswamy, a tech entrepreneur and political novice, impromptu performed Eminem's famous 2002 song «Lose Yourself» during a campaign stop during the Iowa State Fair. BMI received a communication from Eminem, objecting to the Vivek Ramaswamy campaign's use of Eminem's song, stated the publisher in a letter. According to the letter, «BMI will regard any performance of the Eminem Works by the Vivek 2024 campaign as a material breach of the Agreement for which BMI reserves all rights and remedies with respect thereto.» When Ramaswamy learned about the letter, he appeared to mock the Grammy winner, 50, on his X page (formerly known as Twitter). «Would The REAL Slim Shady Kindly Stand Up?» «Didn't he just say what I think he said?» He tweeted, copying the rapper's words from «The Real Slim Shady» and tagging Eminem with a sweaty grinning face emoji.

Supreme Court on Tuesday allowed the Insolvency and Bankruptcy Board of India (IBBI) petition and transferred to the Bombay High Court various petitions pending before the high courts of Delhi and Madhya Pradesh. This was done after the IBBI pleaded that such transfer either to the apex court or to any of the HCs was necessary to avoid multiplicity of proceedings and confusion caused by possible divergence of opinions by different HCs. The three petitions pending before the HCs of Bombay, Delhi and Madhya Pradesh have challenged the vires of the Regulation 31 A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution process for Corporate Persons) Regulations, 2016 by questioning the powers of the board to issue sub-ordinate legislation. The Fifth amendment to the CIRP Regulations, which was notified on September 20, 2022 and came into force from October 10, last year, had inserted the provision relating to the payment of regulatory fees to IBBI under the Regulation 31(ba) read with Regulation 31A of the CIRP Regulation.

The band on Monday announced dates for its tour in North America. The group, led by core members Mick Jagger, Keith Richards and Ron Wood, will begin their American tour in Houston, Texas, followed by performances in 12 other cities in the country before taking the stage in Vancouver city of Canada.

Guwahati: Phase-1 MBBS students with 27 displaced and another 6 non displaced students' of the Churachandpur Medical College (CMC) protested as they are debarred from appearing in their first year examination which commences on Tuesday. The 27 MBBS displaced tribal students have filled up their examination forms, admit cards and deposit their examination fees besides submitting copies for payment of fees through the deputy commissioner (DC) Churachandpur. They were informed that their admit cards and other examination materials were sent only to 6 (six) MBBS students and rest of the displaced students' were excluded .The students feel hurt because their fellow displaced students from Churachandpur Medical College were allowed to continue their studies at JNIMS centre uninterrupted but no such arrangement were made. The emergency shutdown for 48 hours following the killing of Kuki-Zo in an ambush on Monday in Manipur's Kangpokpi district witnessed stringent enforcement in the whole of Kangpokpi. The emergency total shutdown imposed by the top Kuki-Zo tribal body, the Committee on Tribal Unity, Sadar Hills Kangpokpi will culminate at 6:00 p.m. on November 22. Volunteers were seen along National Highway 2 strictly enforcing the total shutdown.

State Goods and Service Tax Officer, Chennai, conducted a search at its warehouse in the southern city on November 16-17, and a penalty of Rs 1 lakh was imposed for «minor non-compliance». In a regulatory filing, the company said the initiation of search was pursuant to the provisions of Section 67 of the Tamil Nadu Goods and Services Tax Act, 2017.