Latest news with #402
Time of India
27-06-2025
- Business
- Time of India
MP gets over Rs 30k crore investment proposals at RISE conclave in Ratlam
Indore: The Madhya Pradesh govt has received investment proposals worth Rs30,402 crore at Ratlam RISE Conclave, which would help generate 35,520 jobs, chief minister Mohan Yadav said on Friday. Yadav was speaking at the 8th Regional Industry, Skill and Employment (RISE) Conclave at Nehru Stadium in Ratlam. He said Madhya Pradesh, along with the rest of the country, is undergoing transformation. Innovations are occurring across all development sectors, creating a favourable investment climate. "Ratlam, once known for apples, sarees, and gold, will now be recognised for skills, scale, and startups," Yadav said, adding that Ratlam has a proud history and its central location in the country makes it special. "Air cargo services will soon be available for goods transportation and discussions with Maharashtra govt are underway to facilitate port services for Madhya Pradesh traders," he said. The govt is making every effort to provide employment to youth, the CM said announcing plans to attract investment from wherever possible and to conduct a roadshow in Surat on June 29 to encourage investors. The chief minister announced that a satellite township would soon come up in Ratlam to accommodate devotees attending Simhastha 2028 in Ujjain, facilitating their stay and gradual movement into the month-long religious congregation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Se você sofre com dores no joelho, leia isso antes que seja apagado Receita Anti-Dores Undo Besides, a textile park sponsored by the Centre will soon come up in Dhar district. Yadav announced plans to promote green energy for environmental protection, with existing MSME units investing separately in renewable plants receiving industrial development grant assistance. During the conclave, an MoU was exchanged between the MSME department and Walmart, enhancing market connectivity for small entrepreneurs. Yadav released publications including, 'Successful Entrepreneur-Prosperous State' booklet by the MSME department, 'ITI and Industry Connect'magazine by the skill development department, and 'Youth Sangam' brochure. He performed bhoomi pujan and launched 47 industrial units valued at over Rs1,670 crore with a single click. These projects are expected to create more than 3,780 new jobs, reinforcing the govt's focus on employment-led development. The event also featured virtual inauguration of new industrial areas in Rewa, Sagar, Alirajpur, and Pithampur. The event, themed 'Successful Entrepreneurs, Prosperous Industries, Inclusive Growth', attracted over 3,500 industrialists and investors from across India. More than 5000 participants registered on the Invest MP portal.
Time of India
12-06-2025
- Business
- Time of India
RBI buyback sees strong demand with bids doubling notified amount
The Reserve Bank of India (RBI) received bids Rs 53,031 crore against the notified amount of Rs 26,000 crore at the second buyback auction of this fiscal year. At the auction held on Thursday, the central bank accepted 99% of the notified amount. At the first buyback held last week, the RBI received bids worth Rs 27,256 crore, of which the central bank accepted Rs 23,856 crore or 95% of the notified amount, data showed. Buybacks are a way for the government to pay off debt for next fiscal year to reduce its gross borrowing. It also results in RBI infusing durable liquidity into the system. The RBI bought back five government bonds maturing in 2026 at Thursday's auction. The 5.63% 2026 government bond saw the highest demand with bids received at Rs 26,616 crore. Of this, the central bank accepted Rs17,402 crore. 'The strong demand at the buyback auction indicates that banks may have taken this opportunity to lighten their HTM book, especially because there are no OMOs on the horizon,' said Rajeev Pawar, head of treasury at Ujjivan Small Finance Bank . 'In a buyback, banks get to sell short-term bonds and replace them with longer maturity papers and lock-in yields. Further buyback auctions will depend on how the government spending pans out and on evolving liquidity conditions.' Bonds maturing in FY27 are more than double versus this year at Rs 6.48 lakh crore and are consistently high until 2032. The government has also budgeted Rs 2.5 lakh crore for bond switches this year, 60% more than the previous year. In a bond switch, the government replaces bonds maturing in the near term with long-term debt. The RBI, on behalf of the government, is scheduled to conduct an auction on Monday to switch government securities worth Rs 25,000 crore. It will conduct the auction to switch nine government bonds maturing between 2026 and 2029 for papers with maturity between 2032 and 2062.
Yahoo
08-04-2025
- Health
- Yahoo
‘I am very proud of Utah': RFK Jr. commends state officials on fluoridation ban
SALT LAKE CITY (ABC4) — During a surprise visit to Utah, Robert F. Kennedy Jr. praised state officials for taking steps to ban water fluoridation in its water supply. In a press conference with state officials, Kennedy told lawmakers that they are leading the nation in 'making America healthy again' with the recent passage of the fluoridation ban, and other measures. 'I am very proud of Utah, it has emerged as the leader in making America healthy again,' Kennedy told reporters. 'If we want to be a moral nation, if we want to maintain our moral authority around the world, our chief obligation is to our children, and we are letting them down. I am very happy that Utah is taking the lead in so many ways.' PREVIOUS: Gov. Cox signs fluoridation ban into law – a nationwide first The visit comes after the Utah Legislature passed three bills during the 2025 General Session: H.B. 81 — or Fluoride Amendments — which bans fluoridation in public water systems. H.B. 402 — or Food Additives in Schools — which bans additives in school lunches. H.B. 403 — or SNAP Funds Amendments — which prohibits food stamp and other food assistances funds four buying soda. 'While other states are just talking about the solutions, Utah is actually implementing and creating the solutions,' House Speaker Mike Schultz said during the press conference. 'We are not afraid to lead on these issues.' READ MORE: Will removing fluoridation reduce your water bill? Here's what cities say During the visit, reporters also had a chance to hear from the EPA administrator, Lee Zeldin, who made an announcement that the EPA will be making fluoride 'top of the list' in the agency's agenda. 'EPA is here today to make an announcement that wouldn't be happening if not for Secretary Kennedy,' Zeldin began. 'What EPA is going to do is go back and look at these studies … and we're prepared to act on this science.' Kennedy has also indicated that he will ask the CDC to stop recommending that fluoride be added in public drinking water. Prior to the press conference, Kennedy and other officials took a tour of the public health center at the University of Utah. Several protesters gathered at the event, and multiple organizations issued statements regarding Kennedy's visit to the state. 'We welcome public discourse on health policy,' said Dr. Rodney Thornell, President of the Utah Dental Association. 'But it's important that these discussions are rooted in sound science and public health evidence. Fluoridation is one of the most studied and beneficial public health interventions of the last century.' The Utah Oral Health Coalition voiced their concerns, saying, 'Fluoride is especially critical for young children who lack regular access to dental services. Our coalitions of dentists, dieticians, medical doctors, researchers, and academics in Utah are available to all media to provide accurate information on fluoride. We call on Secretary Robert F. Kennedy Jr. and Utah leadership to support science-based, community decision-making in public health policies.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Axios
03-04-2025
- Business
- Axios
Glendale voters will decide on portion of VAI Resort in special election
Glendale voters will soon get a say on one aspect of the ambitious VAI Resort. The big picture: Labor advocacy group Worker Power collected enough signatures to force the City Council to put two measures on the ballot for the May special election in Glendale. Those two measures pertain to the City Council's November decisions to incorporate 10 acres owned by VAI into the resort project, and to change the zoning so it can be used for corporate office space. If voters reject Propositions 401 and 402, it would reverse the council's decisions. Why it matters: If the council's decisions are overturned, it would create "tremendous uncertainty for the developers as to what their timeline looks like" and would likely require VAI to seek another zoning agreement from the city, Garrick Taylor, a spokesperson for the Yes for Glendale campaign, told Axios. What they're saying:"Why inject any doubt into this project when we are so close to bringing it to completion?" Taylor said. Catch up quick: The $1.2 billion VAI Resort is slated to include four hotels with about 1,100 rooms, indoor and outdoor performance venues, a white-sand beach, 12 restaurants, bars, shopping stalls and the first-ever Mattel Adventure Park across 66 acres. The first phase of the resort is expected to open later this year just south of State Farm Stadium in Glendale's Sports and Entertainment District. It is expected to be Arizona's largest resort and to create about 2,000 permanent jobs. The intrigue: Worker Power argues that the 10 acres should be used for green space, as it was previously zoned for, per the Arizona Republic. The group is tied to Unite Here Local 11, which represents hotel, restaurant and airport workers in Arizona and California. In 2023, Worker Power backed a lawsuit challenging a property tax incentive the city planned to give VAI. The latest: Yes for Glendale, a campaign to support Propositions 401 and 402, launched this week. The campaign touts support from political and business figures including Glendale Mayor Jerry Weiers, Council Member Lauren Tolmachoff and Glendale Chamber of Commerce president and CEO Joshua Gunn. What they're saying: "The VAI Resort project represents our city's next step forward. This development will strengthen our economy, provide thousands of jobs and increase city revenues to improve police, fire, infrastructure and more," Weiers said in a campaign statement. The other side: Worker Power treasurer Brendan Walsh told the Glendale Star there's "significant dissatisfaction among residents" about the concessions the city has given VAI, saying people in Glendale want more input on large developments.
