NATIONAL DEVELOPMENT FISHERIES BOARD
DDA to not carry out demolition drive in Majnu Ka Tila on Saturday, Sunday: Sources
The Delhi Development Authority (DDA) will not carry out a demolition drive against encroachment on the Yamnua flood plain near Majnu Ka Tila gurdwara on Saturday and Sunday. The DDA has requested residents to vacate the area by Friday, citing the National Green Tribunal's April 3 order and the Delhi High Court's March 12 order.
PM GatiShakti platform may adopt AI to boost India’s economic development
The Indian government, under PM Narendra Modi's leadership, is planning to integrate artificial intelligence (AI) into the PM GatiShakti platform to accelerate infrastructure development. Named PMGS 2.0, this AI-enhanced system aims to predict economic trends and assess infrastructure needs across different scenarios. Already central to over 170 projects worth Rs 13.5 lakh crores, PM GatiShakti uses digital technology to enhance connectivity and efficiency. With logistics as a key focus, the initiative aims to reduce costs and boost economic and social development through integrated planning and technology adoption.
Maharashtra government to bring new law to crack down on bogus pathology labs
The issue concerns the urban development, public health and medical education departments, Samant said. BJP MLA Ashish Shelar said bogus pathology labs were looting money and playing with people's lives. Several collection centres that have come up over the years should be registered, he said, demanding criminal cases against violators.
SEZ units set to get refund of cess on imports
The Centre will refund the compensation cess levied on imported goods under Goods and Services Tax (GST) to businesses operating in special economic zones and their developers, effective from 2017. The Central Board of Indirect Tax and Customs has also directed the issuance of refunds of 5% GST collected on food packages intended for the public distribution system (PDS).
Development of Class-6 textbooks in final phase, to be available soon: Education ministry
Union Education Minister Dharmendra Pradhan reviewed the development of school textbooks in accordance with the New Curriculum Framework (NCF) at a meeting. The National Council for Educational Research and Training (NCERT) announced new textbooks for Classes 3 and 6 from the 2024-25 academic session.
No new duty concessions for milk, milk products imports: DGFT
India has strictly limited milk and milk product imports under tariff rate quotas (TRQs) in accordance with WTO commitments. Santosh Sarangi, director general of foreign trade, confirmed that no TRQ imports are planned for the current year. TRQ imports have occurred only three times in recent years, managed exclusively by cooperatives and state-owned entities, following guidelines that balance producer and consumer interests.
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Delhi govt to set up control room to monitor city's waterlogging situation after heavy rain
Bharadwaj said a round-the-clock control room is being set up at the PWD headquarters where senior officials will be present to monitor the waterlogging situation. Delhi government has started WhatsApp chatbot number 8130188222 and helpline number 1800110093 to register waterlogging complaints, he added.
US sanctions Boeing for sharing information about 737 Max 9 investigation
US investigators are sanctioning Boeing for sharing unauthorised information about a federal investigation into a door plug blowout on a Boeing 737 Max 9. The National Transportation Safety Board accused Boeing of violating investigative regulations by providing non-public information to the media and speculating about possible causes of the incident. Boeing's recent actions have led to sanctions, including restricted access to investigative information and a subpoena to appear at an investigative hearing in August.
A Southwest Airlines plane that did a 'Dutch roll' suffered structural damage, investigators say
A Boeing 737 Max suffered structural damage during a Southwest Airlines flight due to a Dutch roll. The NTSB disclosed the incident on May 25 from Phoenix to Oakland. Southwest notified the damage on June 7, leading to maintenance. Dutch roll involves yaw and rocking motions resembling ice skating.
Suspended board of Jaiprakash Associates moves NCLAT, challenges insolvency proceedings
Jaiprakash Associates' suspended board challenged NCLT's order for insolvency proceedings, with the matter listed before NCLAT. NCLT admitted ICICI Bank's plea on June 3, appointing Bhuvan Madan as Interim Resolution Professional. Despite JAL's claims of liquidity crunch and asset-rich status, NCLT upheld the insolvency decision. The tribunal also dismissed JAL's objections regarding debt restructuring and asset transfers.
Real estate sector pushes for tax rationalisation and reduced approval cost as Modi 3.0 set to take oath
With Narendra Modi set to take oath as Prime Minister for the third time, the real estate industry has high expectations from Modi 3.0. The interim budget announced a boost for affordable housing by adding 2 crore more houses to the PMAY-U scheme. Experts emphasize the need for policy reorientation, cost reductions, and tax rationalization to accelerate growth. Industry leaders stress the need for government intervention to drive further growth, including reforms in GST and revisiting affordable housing definitions.
No strings attached support to NDA, but we expect help for Andhra's development: Nara Lokesh
Telugu Desam Party extends unconditional support to NDA, seeking Centre's backing for Andhra Pradesh's development as an electronics manufacturing hub, automotive cluster, and port-rich coastline. N Chandrababu Naidu's son Nara Lokesh emphasises on private investment attraction, government decisions, and winning Mangalgiri for the first time since 1985. TDP seeks Centre's support for commitments made during Andhra Pradesh's bifurcation, without demanding special status.
Relief for 20,000 homebuyers! Suraksha Group finally takes over Jaypee Infratech via insolvency process
According to a regulatory filing by Jaypee Infratech on Wednesday, Suraksha Group informed the IMC (Implementation and Monitoring Committee) that May 24, 2024, i.e., the date of the NCLAT order should be treated as the 'Approval Date' as defined in the approved resolution plan.
"We must see Bharat's development in global context:" Prime Minister Narendra Modi says need to dream new dreams
Speaking about his thoughts during his three-day meditation, the PM wrote, "Amidst this detachment, amidst the peace and silence, my mind was constantly thinking about the bright future of Bharat, the goals of Bharat." Citing Swami Vivekananda's message that, 'Every nation has a message to deliver, a mission to fulfil, a destiny to reach.' the Prime Minister wrote "For thousands of years, Bharat has been moving forward with this sense of meaningful purpose. Bharat has been a cradle of ideas for thousands of years."
PM Modi: Reflections and new Sankalp from my Sadhana at Kanniyakumari
From Kashmir to Kanniyakumari... this is a common identity that is deeply ingrained in the heart of every citizen of the country. This is the ‘Shakti Peeth’ (seat of Shakti) where Maa Shakti incarnated as Kanya Kumari. At this Southern tip, Maa Shakti performed penance and waited for Bhagwan Shiva, who was residing in the Himalayas at the northernmost parts of Bharat, writes PM Modi on his time meditating at Kanniyakumari's Vivekananda Rock Memorial
Has India’s toy story started to falter?
After hitting a high of $177 million in the financial year 2022, India’s toy exports are seeing a fall. To add to the pain, imports are also rising.
IBC rescued 3,171 distressed companies in eight years: Sitharaman
Finance minister Nirmala Sitharaman on Thursday said the Insolvency and Bankruptcy Code (IBC) has rescued 3,171 distressed companies and assisted in the shutdown of unviable firms since its introduction eight years ago. This is a marked improvement from the resolution of stress in less than 3,500 firms under the erstwhile Board of Industrial and Financial Reconstruction (BIFR) regime in 30 years, she said, pitching the IBC as a landmark piece of legislation.
Provide compensation to families of those killed in heatwave: Rajasthan HC to govt
The Rajasthan High Court directed the state government to provide compensation to dependents of heatwave victims and emphasized declaring heatwaves and cold waves as national calamities.
Coach Ki Khoj: Deadline ends but BCCI, Gautam Gambhir remain mum
The BCCI's search for the next chief coach of the Indian men's cricket team is shrouded in mystery as the deadline for applications has passed without any official announcements. Despite Gautam Gambhir emerging as a frontrunner following his success with Kolkata Knight Riders in the IPL, both Gambhir and the BCCI have chosen to remain silent on the matter.
PSBs seek changes to rules for Infra loans, may approach govt
State-owned lenders plan to approach the government seeking changes to terms governing performance bank guarantees (PBGs), timely compensation from concessioning authorities, and greater immunity for board members sanctioning funds for infrastructure projects as they firm up their response to Reserve Bank of India (RBI) draft rules on project financing that call for higher provisioning.
Kedarnath: Helicopter carrying 7 pilgrims makes emergency landing on grass as pilot loses control after hair-raising tail spin. Watch video
A helicopter carrying seven people, including six pilgrims, made an emergency landing near Kedarnath's helipad due to a technical snag. All passengers, including the pilot, are safe. The incident prompted Rudraprayag District Magistrate Saurabh Gaharwar to commend the pilot's quick decision, averting a major mishap. Investigations are underway. Meanwhile, Uttarakhand's Chief Secretary urges Chardham pilgrims to register and follow allocated dates for a smooth yatra experience.
Aviation experts to begin probe of Singapore Airlines turbulence incident that left British man dead
Aviation investigators arrived in Bangkok on Wednesday to learn how and why severe turbulence sent a Singapore Airlines plane into a sudden dive that tossed passengers and crew around the cabin, leaving a British man dead and dozens others injured. Twenty people remained in intensive care in hospital after Flight SQ321, which was flying from London's Heathrow airport to Singapore, hit the turbulence Tuesday over the Andaman Sea.
Rationalisation of govt bodies: WCD ministry 'officially' dissolves Food and Nutrition Board
The Women and Child Development (WCD) Ministry has officially dissolved the Food and Nutrition Board (FNB), a technical wing of the ministry responsible for providing technical and logistical support for community nutrition programmes. The FNB had a network of offices and quality control laboratories in Delhi, Faridabad, Mumbai, Kolkata, and Chennai. The decision came after a Cabinet meeting in April last year, following recommendations from the Principal Economic Adviser's report on the rationalisation of government bodies.
After Singapore Airlines turbulence accident, flight crews urge buckling up
Flight attendants and pilots are emphasizing the importance of wearing seatbelts following a Singapore Airlines flight's severe turbulence that resulted in one passenger's death and numerous injuries. The flight, traveling from London to Singapore, encountered heavy turbulence over the Indian Ocean, descending rapidly before making an emergency landing in Bangkok. Weather experts noted the development of "explosive thunderstorms" near the flight path, highlighting the unpredictable nature of turbulence.
Rajnish Kumar, Mohandas Pai to exit Byju’s advisory council
Both Mohandas Pai and Rajnish Kumar had joined the advisory council after the edtech's investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–left the board of the company last year
Nepal returns to locally manufactured spices after govt bans Indian spices
Nepali consumers are increasingly turning to locally manufactured and packaged spices following the ban on Indian spices due to high levels of ethylene oxide. The ancient market of Ason in Kathmandu has witnessed a surge in the purchase of locally produced spices, both processed and raw, as consumers prefer products made with traditional formulas passed down through generations. The ban on Indian spices, including MDH and Everest brands, was prompted by concerns raised by several countries, including Singapore and Hong Kong, regarding the presence of ethylene oxide, a carcinogenic pesticide.
Mother Dairy to invest Rs 750 crore to set up two dairy, fruits and vegetables processing plants
"In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations," Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said.
View: Will rich nations distort WTO?
The WTO ministerial conference in Abu Dhabi has sparked discussions on reforms to agriculture and fisheries subsidies. Developed countries aim to reshape the institution to favor their interests, impacting dispute resolution, decision-making, and negotiations. Developing countries must safeguard their interests and prevent the dominance of plurilateral agreements.
Opposition making claims about handing over 'Mahanand' to Gujarat for political gains: Ajit Pawar
Deputy Chief Minister Ajit Pawar in Maharashtra has dismissed false allegations that Mahanand Dairy is being handed over to the National Dairy Development Board in Gujarat for political gain. Pawar cited past losses and the failure of management to handle the institution. He also defended a water pipeline scheme from Jayakwadi dam to Chhatrapati Sambhajinagar city, stating that the local governing body would not be able to repay the loan.
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