The conflict in West Asia, which began on 28 February with coordinated US and Israeli strikes on Iran, has escalated as Iran launched missile and drone attacks on the US and allied military bases across the region, including Saudi Arabia, the United Arab Emirates (UAE), Qatar, Bahrain and Kuwait. At the peak on 28 February,…
Bengaluru: Ravi Raheja, group president of real estate firm K Raheja Corp., and his wife Sumati Raheja, have sold a 6,772 square feet apartment at Raheja Artesia, a super-luxury tower in Mumbai’s Worli for ₹121 crore. The sale to Shree Dhootapapeshwar Ltd comes amid a wave of record-setting deals in the city’s most expensive real…
While the union government is using its emergency powers to block lawsuits over LNG diversions to priority sectors, legal experts say constitutional courts still hold the power to strike down orders that are arbitrary or unreasonable. Source link
Moreover, the drought has extended well beyond reasonable timelines, even up north, with small and mid-budget releases such as Tu Yaa Main, Assi and O’Romeo performing dismally in cinemas, initiating a lull as early as February. All hopes are now pinned on the release of Dhurandhar: The Revenge, which arrives in theatres later this month…
As groundwater levels decline, labour costs rise and climate plays havoc, policymakers and scientists are increasingly promoting direct seeded rice (DSR) as a more viable alternative to traditional rice cultivation. However, there are stumbling blocks hindering its wider adoption. Source link
Mumbai: The Reserve Bank of India (RBI) has softened its proposed dividend payout framework for banks after industry feedback, easing some accounting restrictions while retaining the broader structure that links payouts to core capital strength. The most significant modification is about how bad loans are treated while calculating profits available for dividend distribution. In the…
Power needs Similarly, mobile towers rely heavily on diesel-based generator sets during power grid outages for smooth operations. “Any constraints on fuel availability could affect network uptime and uninterrupted digital connectivity, including voice and data services, 5G, national security operations, emergency and disaster response, digital governance platforms, financial transactions, healthcare and telemedicine, and other mission-critical…
NEW DELHI: As natural gas supplies tighten amid the ongoing conflict in West Asia and the closure of the Strait of Hormuz, the Centre has directed gas producers and oil marketing companies to prioritize supplies to households and transport, curtailing allocations to sectors such as fertiliser, industry and power. Under the Essential Commodities Act, the…
Industry bodies say a government order prioritizing LPG for households has created confusion over commercial cylinder supply used by restaurants. Source link
New Delhi: India should aim to become the global leader in agricultural and processed food exports, commerce and industry minister Piyush Goyal said on Tuesday, urging deeper collaboration between the food, agriculture and hospitality sectors to boost value-added exports. India’s food and agricultural exports, covering farm produce and fisheries, have reached nearly ₹5 trillion (over…