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Siemens Gamesa sells its power electronics business to ABB
Karnataka Government Scraps Town and Country Planning Amendment Bill
The Karnataka government decided to withdraw the Town and Country Planning (Amendment) Bill, citing concerns over flaws in its provisions. Urban Development Minister Suresh BS conveyed this decision during a session of the Assembly, explaining that the government identified certain shortcomings in the bill. However, he did not provide detailed information about the specific issues that led to this move. The minister also highlighted that the bill had faced objections from Governor Thaawarchand Gehlot, who raised concerns about its provisions. While the exact nature of these objections was not..
Rajasthan Deploys Geo-fencing Tech to Curb Illegal Sand Mining
In an effort to combat illegal mining activities, the Rajasthan mining department is set to implement geo-fencing technology, which was recently included in the state’s newly approved mining policy. This initiative is designed to strengthen compliance in areas vulnerable to illegal mining. An official stated that geo-fencing would play a crucial role in monitoring high-risk areas, while GPS tracking systems would be installed at check posts to improve oversight. Additionally, seized sand would be transported through the e-Ravanna system to ensure transparency. The policy also requires th..
Residential Rents in England rise 9.3% Year-on-Year to November 2024
The average rent for residential properties in England rose at its fastest annual pace on record. The data also indicated an increase in house prices. The Office for National Statistics (ONS) reported that private sector rents in England increased by 9.3 per cent, reaching an average of 1,362 pounds in the 12 months leading up to November. This marked the largest rise in records dating back to 2015. The increase in rents was primarily driven by an 11.6 per cent jump in London. Nationwide, rents across the United Kingdom were 9.1 per cent higher than the previous year. Additionally, British ..
