According to police, the blaze erupted on the ground floor of the apartment complex, where some drums containing chemicals were stored and later spread to the first and second floor.
Locals -- more so in the area broadly called Nandigram lying across the minor Haldi River from Haldia -- fear a fresh round of land acquisition, as the state government pushes ahead with its petroleum, chemical and petrochemical investment region plans with Indian Oil Corporation and Calc Refinery Ltd as its anchor tenants. The PCPIR is one of the Left Front government's showcase projects in its efforts to accelerate growth in the state.
The Narcotics Control Bureau (NCB) on Saturday said it has arrested Jaffer Sadiq, a Tamil Nadu-based alleged dealer of narcotics, in connection with an international drugs trafficking investigation case.
The Lander and the Rover have scientific payloads to carry out experiments on the lunar surface. The main function of the Propulsion Module (PM) was to carry the Lander Module (LM) from the launch vehicle injection till final lunar 100 km circular polar orbit and separate the LM from PM, which it did.
Soy Sauce contains a chemical that may cause cancer, according to a food regulator. Food Standards Australia New Zealand (FSANZ), the governmental body responsible for developing food standards for Australia and New Zealand, says that ethyl carbamate (EC) is found in many common foods including soy sauce.
The country's exports edged up 1 per cent to $38.45 billion in December 2023 while the trade deficit narrowed to a three-month low of $19.8 billion, official data released on Monday showed. Imports declined by 4.85 per cent to $58.25 billion in December last year due to a dip in crude oil shipments. The previous low in trade deficit - the difference between imports and exports - was recorded in September at $19.37 billion.
As much as Rs 47,810 crore was spent on share buybacks by 48 companies in 2023 -- the highest amount since 2017. This surge in value was largely driven by a few large-sized issues, including those by Tata Consultancy Services (Rs 17,000 crore), Larsen & Toubro (Rs 10,000 crore), and Wipro (Rs 12,000 crore). In 2022, 58 companies had repurchased shares worth Rs 38,305 crore, according to data from Prime Database.
Exports contracted by 2.6 per cent to $34.47 billion in September even as the country's merchandise trade deficit narrows to $19.37 billion during the month under review, according to the government data released on Friday. Easing commodity prices helped in cutting down the country's import bill by 15 per cent to $53.84 billion in September, the 10th consecutive month of decline. During April-September this fiscal, exports contracted by 8.77 per cent to $211.4 billion.
During a hearing on Friday, the bench noted that Mumbai was witnessing a decline in the bursting of firecrackers.
Wholesale inflation rate eased to 34-month low of (-) 0.92 per cent in April on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation has been on a declining trend for 11 months in a row and entered the negative zone in April. In June 2020 WPI was at (-) 1.81 per cent.
Reliance Industries' (RIL's) consumer business is expected to lead earnings growth in the Q3FY24 performance, according to analysts. While the energy business is expected to show sequential weakness, the consumer business, especially retail, is estimated to show strong growth. The oil-to-telecom conglomerate will announce its Q3FY24 financial results on Friday.
The department of personnel and training has asked the Union Public Service Commission to recruit such specialists through "lateral entry" mode in 12 government departments/ministries, he said.
The benchmark Nifty and Sensex could see another 8-10 per cent from the current levels, said HDFC Securities in its outlook for equity markets in 2024. The brokerage said that the market movement in the next year will not be linear, and there will be more volatility. When asked about the market reaction to the General Elections in 2024, Dhiraj Relli, managing director and CEO of HDFC Securities, said more than the outcome of the elections, the market movement in the next three to four months will decide the market trajectory post elections.
As India's first solar exploration satellite reached space, four Kerala public sector undertakings, including Keltron, have reason to be delighted as they too have contributed to this achievement by the country. Various products indigenously developed and manufactured by the four PSUs - Keltron, Steel and Industrial Forgings Limited (SIFL), Travancore Cochin Chemicals (TCC) and Kerala Automobiles Ltd (KAL) - have been used in the Aditya L1 mission. This milestone achieved by the PSUs was highlighted by state Industries Minister P Rajeev in a Facebook post.
A chlorine gas leak in the Jhajhra area of Dehradun triggered panic on Tuesday morning, forcing people to leave their homes, officials said.
Tamil Nadu Governor R N Ravi has sought an action taken report from the state government over the twin hooch tragedy that claimed 21 lives, a government source said on Thursday.
Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. However, it was lower than the $2.18 billion in July last year, according to the Reserve Bank of India data. Outbound FDI, expressed as financial commitment, has three components - equity, loans, and guarantees.
Asserting that chemical weapons were used in Syria by the embattled Assad regime, US Secretary of State John Kerry termed the last week's attack that killed over 300 civilians a "moral obscenity" that should shock the conscience of the world.
Indian Oil Corporation signed an agreement with West Bengal government on Wednesday for setting up a world class petroleum, chemical and petrochemical hub at Haldia.
Madhya Pradesh chief minister Shivraj Singh Chauhan urged the government to boycott next year's London Olympics because of the event's sponsorship deal with Dow Chemical company, according to local media reports.
Foreign direct investment (FDI) equity inflows in India declined 24 per cent to $20.48 billion in April-September 2023, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data. FDI inflows stood at $26.91 billion during the first six months of the last fiscal. Inflows during January-March 2023 also contracted 40.55 per cent to $9.28 billion.
As many as 267 of 453 companies from the BSE500 index are trading above their consensus price targets, according to the data compiled by Bloomberg. Not all companies in the BSE500 index are tracked by analysts.
Wholesale price inflation remained in the negative territory for the fourth month in a row in July at (-)1.36 per cent, even though prices of food items, especially vegetables, skyrocketed. The inflation, however, has inched up from (-)4.12 per cent recorded in June fuelled by 62.12 per cent rise in vegetable prices. In July last year, wholesale price index (WPI) was 14.07 per cent.
Expressing concern over the possible use of chemical weapons by the Assad regime, the United States warned that such a move would cross a red line. "We closely monitor and we continue to closely monitor Syria's proliferation- sensitive materials and facilities," White House Press Secretary Jay Carney told reporters.
India's trade ties with Israel have only strengthened in the years after 2019. The total value of trade rose to $10.5 billion on a rolling four-quarter basis in June 2023 from $5.5 billion in the same month in 2019, shows a Business Standard analysis of data from the Centre for Monitoring Indian Economy (CMIE). A rolling four-quarter number provides a comparable figure across different time periods.
India's largest software services exporter Tata Consultancy Services on Friday said it will expand its strategic business alliance with US-based Dow Chemicals that will create new jobs in Midland-Michigan.
The Congress on Saturday submitted its suggestions on stringent laws for crimes against women to Justice J S Verma Committee even as it disfavoured chemical castration of rapists.
Liquid and powder raw materials worth Rs 2.73 lakh, chemicals worth Rs 2.59 lakh, besides vehicles, two country-made pistols, four magazines, and 14 cartridges were seized from seven accused, he said.
Whether the age-old cry of kendrer banchana will be able to drown out pangs of Sandeshkhali, the EVM will tell.
'Higher valuation remains the only spoiler for equities.'
According to Delhi Fire Services officials, they received a call about the blast at 5:45 pm and it was transferred from the Delhi Police PCR (police control room).
As outrage against the death of the Delhi gang-rape victim, Congress has decided to propose a tougher law to check crimes against women which could include a provision like chemical castration of perpetrators of rape in rare cases.
Tata Group remained India's largest business conglomerate in market capitalisation in calendar year 2023 while the Mukesh Ambani camp raced ahead of the Adani businesses to become the second-largest. The Tata companies ended 2023 with a combined group market capitalisation of Rs 28.68 trillion, up 35 per cent from the Rs 21.2 trillion at the end of December 2022. Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago.
Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.
Reliance Industries Ltd was the biggest wealth creator during the five-year period from 2018 to 2023 while Adani Enterprises Ltd was the top all-round wealth creator, according to a study by Motilal Oswal Financial Services. The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged as the largest wealth creator, adding Rs 9,63,800 crore wealth over 2018-23. It was followed by Tata Consultancy Services (Rs 6,77,400 crore wealth addition), ICICI Bank (Rs 4,15,500 crore), Infosys (Rs 3,61,800 crore) and Bharti Airtel (Rs 2,80,800 crore).
Investigators probing into the failed bid by an alleged Al Qaeda operative to blow up a US plane are trying to figure out what type of explosive or chemicals he sneaked inside the aircraft that could not catch the attention of the security check points.
After the successful deployment of Chandrayaan-3's lander and rover on the moon, Indian Space Research Organisation (ISRO) is hoping that their mission life will not be limited to one lunar day or 14 earth days, and that they will come back to life when the sun again rises on the Moon, to carry on with the experiments and studies there.
Officials probing a blast that occurred near the Israeli embassy in New Delhi suspect it was a well-orchestrated plan, knowing that no CCTV camera was installed on Prithviraj Road, police sources said on Wednesday.
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