Author: Anish Mondal

[ad_1] Indian Railways has diverted a number of lengthy distance trains within the wake of the accident involving three trains in Odisha – Shalimar-Chennai Central Coromandel Categorical, Bengaluru-Howrah Superfast Categorical, and a items practice. Over 230 individuals have misplaced their lives and round 900 have been injured within the horrific practice crash. The rescue and reduction operation is underway. Senior railway officers is on the website of the accident. A have a look at the listing of diverted trains after the rail accident.

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[ad_1] The federal government is weighing a proposal to arrange an inter-ministerial panel comprising senior officers to iron out variations throughout varied ministries and departments on proposals referring to free commerce agreements (FTAs), an official supply advised FE. The transfer assumes significance, because the nation is both negotiating or planning to begin talks for a flurry of high-stake FTAs with key economies, such because the EU, the UK, Canada, Israel, members of Gulf Co-operation Council (GCC) and Australia. Whereas New Delhi has clinched an interim take care of Canberra, talks for a full-fledged FTA might begin quickly. Collectively these economies…

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[ad_1] Commerce and trade minister Piyush Goyal stated on Thursday that the Items and Providers Tax (GST) Council’s newest resolution to exempt small companies which have adopted e-commerce from obligatory registration will probably be a “game-changer” for the Open Community for Digital Commerce (ONDC) being promoted by his ministry. Talking at an occasion, Goyal stated: “It is a main resolution which can assist the e-commerce ecosystem however extra importantly, it is going to assist small companies profit.” He added that the handicraft and handloom segments, together with many different small companies within the textiles sector, stand to learn from this…

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[ad_1] The federal government’s prompt response to the complaints/considerations from a big selection of Muslim nations in regards to the pathetic grotesque statements from the ugly mouths of sundry BJP spokespersons offers me hope that we may be on the cusp of a brand new starting. To begin with, nothing the 2 unworthy ones stated was materially completely different from the horrible issues being routinely spouted by a number of BJP members, together with many who have been a lot senior. Certainly, the actions on the bottom (beatings, lynchings, imprisonment) condoned by the federal government/get together—silence means consent—have been substantively…

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[ad_1] Main industrialist Gautam Adani on Friday dedicated an funding of Rs 70,000 crore in Uttar Pradesh on the third version of the UP Traders Summit in Lucknow. Talking on the occasion, the billionaire investor stated this funding will create 30,000 jobs in India’s most populous state. Out of this funding, Rs 11,000 crore has already been spent on tasks like transmission and inexperienced vitality. “We’re investing over Rs 70,000 crore within the state. We anticipate that this funding will create over 30,000 jobs,” Adani stated. The group can also be investing Rs 24,000 crore on highway & transport infrastructure…

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[ad_1] Life Insurance coverage Company (LIC) has made positive factors of Rs 42,000 crore from investments within the fairness market within the monetary yr ended March 31, 2022. That is 16.6% extra in contrast with the Rs 36,000-crore positive factors made in FY21, managing director Raj Kumar advised reporters a day after the insurer introduced its first quarterly outcomes after itemizing. Of its whole property underneath administration (AUM), 25% stays in equities, whereas the remaining is allotted to bonds and different devices. “Our funding technique is predicated on the laws prescribed and we’re mandated to take a position 50% in…

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[ad_1] The Kolkata bench of the Nationwide Firm Regulation Tribunal (NCLT) has ordered initiation of insolvency proceedings in opposition to BK Birla group firm Birla Tyres, admitting an insolvency petition of SRF Restricted, an operational creditor of the tyre maker. The appliance filed by SRF, underneath Part 9 of the Insolvency and Chapter Code (IBC), for initiating the Company Insolvency Decision Course of (CIRP) in opposition to Birla Tyres, the company debtor, is admitted, mentioned the NCLT Kolkata bench in its order dated Might 5. “SRF has excellent dues of over Rs 15 crore from Birla Tyres as the corporate…

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[ad_1] Wheat procurement by the federal government companies in the important thing rising states – Punjab, Haryana, Madhya Pradesh, Rajasthan, Gujarat and Uttar Pradesh — for the 2022-23 session is about to commerce. The goal of 44 million tonne (mt) of grain procurement from the farmers could be decreased by round 10 mt as a result of a doable surge in export and excessive mandi costs. The official procurement session is from April-June, whereas a bulk of the wheat crop arrives within the mandis through the first six weeks of the procurement session. Whereas a significant quantity of wheat exports…

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[ad_1] Within the earlier week ended March 4, the reserves rose USD 394 million to USD 631.92 billion. It touched a lifetime excessive of USD 642.453 billion within the week ended September 3, 2021. The nation’s overseas change reserves declined USD 9.646 billion to USD 622.275 billion within the week ended March 11, based on the newest knowledge from the RBI.Within the earlier week ended March 4, the reserves rose USD 394 million to USD 631.92 billion. It touched a lifetime excessive of USD 642.453 billion within the week ended September 3, 2021. In the course of the reporting week,…

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[ad_1] Oil firm BP’s choice to promote out of Russia at a value of as a lot as $25 billion was a shock for an business that has labored very carefully with Russia. Company actions to censure Russia after its invasion of Ukraine differ extensively and embody some measures required by legislation and a few voluntary, with feedback starting from harsh condemnations to extra measured guarantees to evaluation enterprise within the nation. Listed below are some actions by giant multi-national firms: LEAVING RUSSIAVitality firms led by BP, Shell and Exxon Mobil are promising to promote Russia stakes and exit the…

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