logo
Lok Sabha to begin proceedings with obituary references for Shibu Soren, others

Lok Sabha to begin proceedings with obituary references for Shibu Soren, others

Time of India4 hours ago
The Lok Sabha is set to convene on Tuesday. Proceedings will commence with tributes to deceased former Members of Parliament. Several key bills are slated for discussion and potential passage. These include amendments to the National Anti-Doping Act, the National Sports Governance Bill, and the Readjustment of Representation of Scheduled Tribes Bill. The Merchant Shipping Bill will also be presented.
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
The Lok Sabha will begin its proceedings on Tuesday with obituary references to the passing away of former MPs Tilakdhari Prasad Singh, Ram Rati Bind, and Shibu Soren According to the List of Business issued by the Lok Sabha Secretariat, Union Sports Minister Mansukh Mandaviya is scheduled to move amendments to the National Anti-Doping Act, 2022, for consideration and passage in the House. The Union Sports Minister will also move the National Sports Governance Bill, 2025, in the lower house of the Parliament.The National Sports Governance Bill aims to "provide for the development and promotion of sports, welfare measures for sportspersons, ethical practices based on basic universal principles of good governance, ethics and fair play of the Olympic and sports movement, the Olympic Charter, the Paralympic Charter, international best practices and established legal standards and to provide for the resolution of sports grievances and sports disputes in a unified, equitable and effective manner and for matters connected therewith or incidental thereto, be taken into consideration."In addition, Union Law Minister Arjun Ram Meghwal will move amendments to the Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, for further consideration and passage."That the Bill for enabling reservation of seats in accordance with article 332 of the Constitution for effective democratic participation of members of Scheduled Tribes and to provide for the readjustment of seats in the Legislative Assembly of the State of Goa, in so far as such readjustment is necessitated by inclusion of certain communities in the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto, be taken into consideration," the list of business read.Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal will move the Merchant Shipping Bill, 2024, to update and unify existing law to align with international maritime treaties.Sonowal will move that the Bill aimed at consolidating and amending the laws related to merchant shipping be taken up for consideration. The Bill seeks to align India's maritime regulations with its international treaty obligations, promote the growth of Indian shipping, and ensure the effective management of the Indian mercantile marine in a manner that serves the national interest.Meanwhile, Congress MP Amar Singh and Bharatiya Janata Party (BJP) MP Nishikant Dubey will present reports of the Public Accounts Committee (PAC) on various subjects, highlighting the action taken by the government on recommendations in the previous reports, including "Misappropriation of Public Money in Department of Posts, Establishment and Operationalisation of Sagar Prahari Bal, Indo-Nepal Border Road Project, and Manpower and Logistics Management in Delhi Police."The proceedings of the House will begin at 11:00 AM today.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian tennis legend Sania Mirza makes BIG move, will be seen in role as…
Indian tennis legend Sania Mirza makes BIG move, will be seen in role as…

India.com

timean hour ago

  • India.com

Indian tennis legend Sania Mirza makes BIG move, will be seen in role as…

Sania Mirza has joined as brand ambassador of TPL team. (Photo: Instagram) Sania Mirza announced her retirement from professional tennis back in 2023. She is a former world No. 1 doubles player and won six Major titles in her illustrious career – three in women's doubles and three in mixed doubles. Sania, who is 38 years of age now, will be seen in a new role now. Hygiia Ventures, a Canadian-backed investment firm founded by entrepreneur Gaurav Agarwal, has acquired the Gurgaon Grand Slammers franchise in the Tennis Premier League (TPL) ahead of their seventh season. Indian tennis icon Sania Mirza will be their brand ambassador. TPL is the 4th Indian sports league to successfully enter their seventh season, joining an elite group of long-running sporting leagues in India. Known for its fast-paced, viewer-friendly format and a mix of international stars and emerging Indian players, the league continues to attract top investors and global attention. Gurgaon Grand Slammers marks another international investment into the TPL ecosystem. Gaurav Agarwal, whose ventures span digital research, consumer intelligence, and global investments across 80+ companies, sees this move as a natural step. 'Sports have always held a special place in my heart, not just as a father to a passionate young tennis player but also as someone who admires the discipline it brings. Acquiring a team in the Tennis Premier League is a meaningful way for us to support emerging Indian talent while expanding our investments into sports and franchise management.' Why did Sania Mirza join as brand ambassador? Sania Mirza is running successful tennis academies in Dubai and Hyderabad after her retirement from professional tennis. She has reported net worth of over Rs 216 crore with majority of her income coming from brand endorsements, real estate investments and incomes from her tennis academy. 'I'm thrilled to be associated with a team that values both talent and innovation. Gaurav's vision aligns perfectly with what Indian tennis needs—structured, long- term investment. I'm looking forward to supporting the Gurgaon Grand Slammers this season,' Sania Mirza. Welcoming the new franchise, Kunal Thakkur, Co-Founder of TPL, said, 'Season 7 is a milestone for us, and the addition of Gurgaon Grand Slammers strengthens the league further. With Gaurav's business expertise and Sania's tennis legacy, this team is set to make an impact.' The Gurgaon Grand Slammers will make their debut in Season 7 of the Tennis Premier League, further expanding the league's footprint and global appeal. Sania Mirza got divorce from husband Shoaib Malik in 2024 A year after her retirement, Sania Mirza got divorce from her husband and former Pakistan cricketer Shoaib Malik in 2024. Sania shuttles her time between Dubai and Hyderabad to take care of her son Izhaan Mirza Malik. Shoaib Malik has married for the third time to Pakistan TV actress Sana Javed.

3 reasons behind Trump's continued rants against India
3 reasons behind Trump's continued rants against India

First Post

timean hour ago

  • First Post

3 reasons behind Trump's continued rants against India

From India's refusal to bend on trade terms to its rejection of Trump's claims about brokering peace, the reasons behind his rants reveal a deeper clash of priorities between the two nations. read more US President Donald Trump's ongoing verbal attacks on India have raised eyebrows, with his criticisms rooted in a mix of trade frustrations, geopolitical posturing, and personal grievances. From India's refusal to bend on trade terms to its rejection of Trump's claims about brokering peace, the reasons behind his rants reveal a deeper clash of priorities between the two nations. India's firm stance on farm sector At the heart of Trump's ire is India's refusal to bow to US demands in trade negotiations. Trump has repeatedly expressed frustration over India's unwillingness to conclude a trade deal on his terms, particularly its protectionist stance on agriculture. India's agricultural sector is a cornerstone of its economy, contributing 18.4 per cent to the country's Gross Value Added (GVA) in 2022–23. STORY CONTINUES BELOW THIS AD For millions of Indian households, farming isn't just a job—it's a lifeline. With a majority of the workforce tied to agriculture, especially in rural and semi-urban areas, crop income serves as both a livelihood and a buffer against economic uncertainty. This makes the farm sector a politically sensitive issue, leaving little room for compromise. Indian negotiators have consistently stressed that protecting this sector is non-negotiable, a stance that has frustrated US efforts to open India's markets to American agricultural imports. The India-Pakistan narrative: A claim India rejects Another sore point for Trump is India's outright rejection of his repeated assertions that he played a key role in preventing a war between India and Pakistan. Since May 10, Trump and his team have claimed nearly 30 times that the United States brokered peace between the nuclear-armed neighbours. However, Indian Prime Minister Narendra Modi has firmly denied these claims. During a parliamentary debate on 'Operation Sindoor,' the military campaign launched against Pakistan in May, Modi stated, 'No world leader asked us to stop the operation.' While he avoided naming Trump directly, the message was clear: India denies any foreign mediation in the conflict. Pakistan, on the other hand, has acknowledged Washington's involvement, creating a stark contrast in narratives. Trump's insistence on taking credit for averting a full-scale war may stem from his need for a foreign policy win. Having failed to deliver on his promise to end the Russia-Ukraine war on 'Day One' of his presidency, Trump appears eager to claim a diplomatic victory in South Asia. India's refusal to validate his narrative has only fueled his frustration. STORY CONTINUES BELOW THIS AD The Nobel Peace Prize snub Adding insult to injury, India has distanced itself from the White House's suggestion that Trump deserves a Nobel Peace Prize for his supposed role in brokering peace globally, including between India and Pakistan. White House Press Secretary Karoline Leavitt touted Trump's diplomatic achievements, but India's Ministry of External Affairs spokesperson Randhir Jaiswal brushed off the claim. 'As far as the statements of the White House are concerned, please take your question to them,' Jaiswal said, redirecting inquiries back to Washington. Trump's rants against India reflect a broader clash of national priorities. India's focus on protecting its agricultural sector and energy security runs counter to US demands for open markets and geopolitical alignment.

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations
ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations

Business Standard

timean hour ago

  • Business Standard

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations

Oil & gas-related stocks were under pressure in trade on Tuesday, August 5, 2025. On the National Stock Exchange (NSE), the Nifty Oil & Gas index declined 1.3 per cent to day's low at 11,001.25. Last checked, 12 out of 15 stocks were trading with losses on Nifty Oil & Gas. Among others, Mahanagar Gas was down 2.9 per cent, Hindustan Petroleum Corporation 1.57 per cent, Petronet LNG 1.54 per cent, Reliance Industries (RIL) and Gail India were down 1 per cent. Why are oil & gas stocks falling? The sell-off in the stocks came after US President Donald Trump on Monday stepped up pressure on New Delhi, threatening to 'substantially' raise tariffs on inbound shipments from India over the purchase of a 'massive' amount of Russian crude oil. 'India is not only buying massive amounts of Russian oil, they are then, for much of the oil purchased, selling it on the open market for big profits. They don't care how many people in Ukraine are being killed by the Russian war machine. Because of this, I will be substantially raising the tariff paid by India to the US,' he wrote on Truth Social. India imports a third of its total crude from Russia, making the country New Delhi's largest crude supplier. India is also the second-largest buyer of Russian crude, after China. India imported about 1.75 million barrels per day of Russian oil from January to June this year, up 1 per cent from a year ago, according to news agency Reuters. Responding to Trump's statement, the Ministry of External Affairs (MEA) called the move 'unjustified and unreasonable.' The ministry stressed that India's energy ties with Russia are driven by national "necessity" and are far smaller in scale compared to trade between Russia and the West. How will India's stoppage of Russian crude imports hit Oil & Gas companies? JM Financial Institutional Securities believes that if India stops importing crude oil from Russia, it could hit Indian refiners' gross refinery margins (GRM) by $1-1.5 per barrel, as the Russian crude discount is $3-4 per barrel. Additionally, Russian crude constitutes 30-40 per cent of India's crude requirement. Every $1 per barrel will have a negative impact on FY26 Earnings before interest, tax, depreciation and amortisation (Ebitda) of— 8-10 per cent for oil market companies (OMCs); 20-25 per cent for Mangalore Refinery & Petrochemicals/Chennai Petroleum Corporation; and 2 per cent on RIL's consolidated Ebitda. What to do with oil & gas stocks? JM Financial has maintained a 'Sell' rating on Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL). The brokerage has reiterated its 'Hold' call on Bharat Petroleum Corporation (BPCL). JM sees the risk-reward not favourable for HPCL, BPCL and IOCL, given their aggressive capex plans, valuations being 10-30 per cent above the historical average (at 1.4x FY27 PB for HPCL/BPCL and 0.9x FY27 PB for IOCL) and risks to sustainability of current high marketing margin. On Oil and Natural Gas Corporation (ONGC) and Oil India, the brokerage has maintained 'Buy' as it believes they are key beneficiaries of high crude price, while their current marlet prices are discounting $60 per barrel crude realisation; every $1 per barrel higher oil price boosts their consolidated earnings per share (EPS) by 1.3-1.8 per cent.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store