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European Commission Takes Bold Step Towards Textile Waste Reduction

Introduction: In a bid to combat the mounting textile waste problem and strengthen the used textile market within the European Union (EU), the European Commission has introduced a groundbreaking proposal. With a focus on holding producers accountable for the entire lifecycle of textile products, the initiative aims to encourage waste reduction, reuse, and recycling. This […]

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Indore Municipal Corporation Makes History by Receiving EPR Credit for Recycling Banned Single-Use Plastic

Date: July 7, 2023 Indore Municipal Corporation (IMC) in Madhya Pradesh, India, has become the first urban body in the country to receive Extended Producer Responsibility (EPR) credit for its commendable efforts in recycling banned single-use plastic items. Indore has successfully implemented a complete ban on such items within the city, and as a result,

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RBI Report Urges India to Promote Global Use of its Currency and Bond Market Integration

A report released by the Reserve Bank of India (RBI) recommends that India take significant measures to enhance the international usage of its currency, the Indian Rupee (INR). The report suggests including Indian debt in global bond indexes, permitting offshore banking services in INR, and reviewing taxes on masala bonds, among other initiatives. The report

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Insufficient Lighting Plagues Madurai’s Roads Despite INR 347 Crore Spent on LED Lights

Madurai, a city in the southern parts of the state, continues to suffer from inadequate lighting on its roads despite the Madurai Corporation’s expenditure of INR 347.83 crore over the past two years for the installation of LED lights. State Municipal Administration Minister K.N. Nehru revealed this information, highlighting the discrepancy between the significant investment

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BIS Recruitment 2023: Management Executive Positions Open, Check Eligibility, Salary, and Application Process

The Bureau of Indian Standards (BIS) has released a notification for the recruitment of Management Executives on a contract basis. According to the official BIS Recruitment 2023 announcement, eligible Indian candidates are invited to apply for these positions. The selected candidates will be appointed for a tenure of two years, which may be extended for

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BIS Officials Raid Manufacturing Unit in Mumbai, Seize Large Quantity of Uncertified LED Control Gear

Date: July 3, 2023 In a recent enforcement raid, officials from the Bureau of Indian Standards (BIS), Mumbai Branch Office, took action against a manufacturing unit located in Kandivali East, Mumbai. The raid, conducted on July 3, 2023, resulted in the seizure of a significant stockpile of control gear for LED modules that lacked BIS

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Footwear Manufacturers Seek Exemption from BIS Norms for Micro-Units, Cite Practical Challenges

Introduction: Footwear manufacturers from Kerala have recently appealed to the Indian government, requesting additional time to comply with the Bureau of Indian Standards (BIS) norms for their products. They have also urged the authorities to exempt micro-units entirely from the implementation of these norms. The industry contends that the immediate implementation of BIS standards for

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India plays key role in shaping ITU 6G Vision Framework

The International Telecommunication Union (ITU) recently approved the 6G Vision Framework, with India’s Department of Telecommunications, Ministry of Communications playing a pivotal role in its formulation. Prime Minister Shri Narendra Modi released India’s 6G Vision document, called “Bharat 6G Vision,” on March 23, 2023, outlining India’s ambition to be a leading contributor to the design,

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Uncovering Hidden Gems: The Undervalued Investment Opportunity in EPR Properties Preferred Shares

Introduction: In the search for lucrative investment opportunities, astute investors often uncover hidden gems that go unnoticed by the masses. One such opportunity arises with EPR Properties PFD C CV 5.75% (NYSE:EPR.PC), an exchange-traded preferred stock issued by a real estate investment trust (REIT). This article aims to shed light on the undervalued nature of

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Footwear Makers Urge Government for More Time to Implement BIS Order

Introduction: Footwear manufacturers in the state are seeking an extension from the government to comply with a recent order issued by the Bureau of Indian Standards (BIS). The order requires footwear products to adhere to BIS norms, ensuring quality and discouraging cheap imports. However, the industry, comprising over 400 micro, small, and medium-scale enterprises, is

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