The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.
Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). State-owned public cebPower Finance Corporation (PFC) and Small Industries Development Bank of India (Sidbi) are planning to raise up to Rs 11,500 crore through bonds on Tuesday as issuers expect borrowing costs to ease.
Sri Lanka is facing a severe crisis after Cyclone Ditwah caused widespread flooding and landslides, resulting in numerous deaths and displacement. India has launched 'Operation Sagar Bandhu' to provide relief. The situation is expected to remain critical with rising river levels and continued rainfall.
The Supreme Court has directed authorities to relocate stray dogs from institutional areas like schools and hospitals to designated shelters due to a rise in dog bite cases. The court also addressed the issue of stray animals on highways.
An independent probe from the Commissioner of Railway Safety (CRS) is unlikely in the Jalgaon train tragedy due to the negligence of passengers, according to railway sources. The tragedy occurred when 12 passengers were killed after stepping down from their train due to a fire rumor and were struck by another train. Experts say the CRS probe is unlikely because the passengers' actions were deemed negligent. While the CRS is typically involved in serious railway accidents, the 1998 rules allow for discretion when deaths or injuries result from passenger negligence. Passengers had ample time to move to safer locations but remained on the side tracks, ultimately leading to the tragic incident.
A track curvature is being investigated as a possible factor in the fatal train accident in Jalgaon, Maharashtra, where 12 passengers were killed after jumping off a train due to a fire rumour. The Karnataka Express train, which ran over the passengers, had its visibility and braking distance affected by the curvature, according to railway officials. The incident occurred when passengers on the Lucknow-CSMT Pushpak Express jumped onto the tracks after fearing a fire, only to be hit by the oncoming Karnataka Express.
Railway Minister Ashwini Vaishnaw has said the Mumbai suburban railway would soon get new-design trains fitted with better features for passenger comfort and reducing overcrowding.
A witness in the July 2023 train shooting incident, where an RPF constable allegedly killed four people, testified in a Mumbai court, describing the events.
The rear coach of the Ahmedabad-Barauni Express was engulfed in heavy smoke after a fire on Monday evening between Khandwa and Itarsi section of the Bhopal division in Madhya Pradesh, though no one was hurt as the bogie was empty, an official said.
Cyclone Ditwah exits Sri Lanka after causing widespread destruction and over 120 deaths, heading towards the Indian coast. Heavy rains and high winds are expected to continue.
A stampede-like situation at New Delhi Railway Station on Saturday evening left at least 15 people injured, and fatalities are feared. The incident occurred due to overcrowding on platforms 14 and 15, triggered by a rush of passengers heading to Prayagraj for the Maha Kumbh. Eyewitnesses described a chaotic scene with passengers fainting from suffocation and a scramble for space. Authorities are investigating the incident, with initial reports suggesting overcrowding due to the influx of passengers for the religious festival. Rescue teams and fire tenders were dispatched to the scene, and the injured were taken to hospitals for treatment.
Following the alleged molestation of two Australian women cricketers in Indore, a Madhya Pradesh minister advises players to inform local authorities when going out due to their popularity in India.
Following the alleged molestation of two Australian women cricketers in Indore, a Madhya Pradesh minister advises players to inform local authorities when going out due to their popularity in India.
The CRPF CRPF) jawan was going to catch the Brahmaputra Express, while the kanwariyas (devotees of Lord Shiva) also wanted to buy tickets for the same train for going to Baidyanath Dham in Jharkhand. An argument broke out between them over purchasing the tickets.
Which were India's first companies that still exist today? Many trace their origins to over a century back. These venerable organisations are business entities. But they chronicle the beginnings of Corporate India.
Mumbaikars woke up to very heavy rainfall on Monday, while the India meteorological department (IMD) issued a 'red' alert, forecasting extremely heavy rains at isolated places in the city and adjoining areas, prompting the civic body to declare a holiday for schools and colleges, officials said.
This is not the first time that a large number of people have died in stampedes at temples and other religious gatherings over the years in India.
The IMD issued a "Nowcast" warning, forecasting thunderstorms accompanied by lightning and intense spells of rain with gusty winds reaching 50-60 kmph at isolated places in Mumbai in the next three to four hours.
Nana Jagannath Shankerseth is one of the greats who made Bombay India's foremost city.
The Commissioner of Railway Safety has determined that the Mysuru-Darbhanga Bagmati Express accident was caused by sabotage, prompting increased security measures and investigations.
Security measures were heightened across Uttar Pradesh following a car blast in Delhi. Anti-terror agencies and police conducted searches in multiple cities, including Lucknow, in response to the incident.
At least four out of the 13 persons killed in the Jalgaon train accident have been identified as hailing from Nepal, authorities said on Thursday.
The India Meteorological Department (IMD) has issued a 'red alert', warning of extremely heavy rainfall in Mumbai, Thane, Raigad and Palghar districts on Sunday, extending the wet patch in the region.
Activist Manoj Jarange has criticized the Maharashtra government for extending the permission for his hunger strike for Maratha reservation by only one day. He warned that Marathas from across the state will come to Mumbai if their quota demand is not met quickly, threatening to escalate the protest and stop taking water in the next two days.
The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.
'It was amazing how he controlled the crowd, not with force or even star power, but with sheer love.'
Heavy rains in Maharashtra have caused floods, road blockages, and widespread damage, resulting in casualties and displacement. The state government is monitoring the situation and coordinating rescue efforts.
'All these people who came from the Congress -- all outsiders -- have been given complete control of the party.' 'Today, we get no response or protection from the central leadership.' 'You can't run a party thinking only your people matter and nobody else should remain.'
Call it political opportunism or sagacity, his moves, in effect, have not allowed the Bharatiya Janata Party to appoint its own chief minister to date, despite enjoying a near hegemonic status nationally and the best performance in recently held assembly polls where the saffron party bagged 89 seats, followed by the Janata Dal-United with 85.
rediffGURU Nayagam PP, founder of EduJob360, breaks down the top government competitive exams aspirants can target in 2026, along with their eligibility criteria, important dates, syllabus essentials and preparation strategies.
Railways shunted out 5 top officials who are responsible for operations, signalling and safety.
According to Kumar, medical and railway assistance teams are at the site to provide help to passengers.
The mega block, which started at Thursday midnight, has affected the suburban services on CR's main corridor, causing inconvenience to lakhs of office-goers.
More than 7,500 people have been evacuated from low-lying flooded areas as the Yamuna river's level rose to 207 metres at the Old Railway Bridge on Wednesday.
Indian Railways has managed to improve its freight volumes each year since the pandemic. However, its inability to add new industries and goods will pose a challenge for the national transporter in the wake of it setting an ambitious target of 45 per cent share in the national logistics by 2030. According to officials, the ministry of railways achieved 114 million tonnes (mt) of miscellaneous goods (classified as balance and other goods) in 2023-24.
YOUNITY, a flash mob tribute to the cultural diversity of India, was conducted by the Rotaract Club of Mumbai's H R College at the Mumbai Central railway station on Thursday, September 22, 2022.
Heavy overnight rainfall caused widespread flooding in Kolkata, disrupting traffic, public transport, and daily life. Train and Metro services were suspended, and many areas experienced significant waterlogging.
A severe traffic congestion extending for kilometers was witnessed on the routes to the Maha Kumbh Mela in Prayagraj on Sunday with Samajwadi Party president Akhilesh Yadav asking the government to make emergency arrangements for the stranded devotees.
Shooter Swapnil Kusale, who won a bronze medal in the 2024 Paris Olympics, arrived in Pune on Thursday.
A moving goods train carrying diesel caught fire on Sunday at Tiruvallur in northern Tamil Nadu severely affecting train services on the arterial Chennai-Arakkonam rail route, which also links Chennai with Karnataka, Kerala and Andhra Pradesh, officials said.
