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SIT: Half of Morbi cables may have broken before tragedy

The SIT said Morbi municipality’s chief officer Sandipsinh Zala should not have signed the maintenance agreement with Oreva Group -- maker of Ajanta wall clocks -- without obtaining prior approval from the civic body’s general board. The agreement was signed on March 8, 2022, and the contract was for a period of 15 years.

from Times of India https://ift.tt/CD3LbPN
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Over 94% value erosion found in 165 IBC liquidation case

The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

from Times of India https://ift.tt/pqu8QW6
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ET GBS: India can provide labour force & secure manufacturing to the world, says Bob Moritz, Chairman, PwC

Looking at the leading indicators, it appears that the global economy will slow down in the next two years, says Bob Moritz.

from News-Economic Times https://ift.tt/sSu70v8

TMC holds protest outside Union MoS Nisith Pramanik’s Bengal residence over alleged killing of youth by BSF

The Trinamool Congress has chalked out a protest programme in front of the house of Pramanik, which continued till 6PM today. Trinamool leadership, including party Minister Udayan Guha was present during the "Gherao Abhjaan."

from News-Economic Times https://ift.tt/08S9rd5

Just mind games: Indian mentalists are busting the ‘chamatkar’ myth

Mentalists are trained to notice the slightest of changes in the cues. For instance, the eyes move in different directions when any form of mental activity is happening inside the human brain, explains Kumar. If one is remembering a picture from one’s past, the eyeballs move to the top right corner.

from Times of India https://ift.tt/TdLuRBV
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UK PM splashes cold water on prospects of quick trade deal

The so-called Northern Ireland Protocol, which governs trade between the region and the Republic of Ireland, has been one of the most vexing issues facing the EU and Britain since the UK left the bloc more than two years ago. Sunak met with European Commission President Ursula von der Leyen during Saturday's Munich Security Conference as British and EU officials try to capitalize on a recent thaw in relations to resolve their differences.

from News-Economic Times https://ift.tt/DiAw8zl

Char Dham yatra to begin on April 22 amid Joshimath fears

This year’s yatra will be held against the backdrop of the land subsidence in Joshimath, about 45km away from Badrinath, and it may prove a challenge for the authorities. Known as the ‘gateway to Badrinath’, Joshimath is the last major halt for pilgrims travelling on the lone route to the holy city.

from Times of India https://ift.tt/kR7OBC3
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