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Time of India
13-07-2025
- Time of India
Police destroy narcotics worth 2.94 crore in Lakhimpur dist
1 2 3 4 Dibrugarh: Lakhimpur police on Saturday destroyed narcotics worth Rs 2,94,25,600 at their reserve facility, which included 56g of heroin and 566.112kg of marijuana, seized recently during several anti-drug operations across the district. Senior superintendent of police Gunendra Deka supervised the incineration process, which was conducted in strict compliance with the Narcotics Drugs and Psychotropic Substances (NDPS) Act, 1985, ensuring all legal protocols were followed. "This disposal represents our ongoing efforts to eliminate the menace of drug from our district. This destruction sends a clear message that law enforcement agencies are committed to creating a drug-free society," Deka said. The entire procedure was conducted in the presence of the district drug disposal committee, which oversees such operations, to ensure transparency and adherence to legal requirements. "We have taken all necessary precautions to ensure that the disposal process meets environmental and safety standards. The samples required for legal proceedings have been properly preserved and will be used as evidence in ongoing cases," Deka added.


Time of India
01-07-2025
- Climate
- Time of India
Grim monsoon forecast: Below-normal rainfall in northeast this month likely to trouble farmers
G uwahati: There is an ominous sign for farmers in most parts of the northeast as deficit rainfall was recorded in the first month of the monsoon in June in four out of seven NE states. The IMD has predicted below-normal rainfall in July for the northeastern region. According to the probabilistic forecast of the rainfall during July, issued by the IMD on Monday, while most parts of the country are likely to experience normal to above-normal rainfall, most parts of the northeast are likely to receive below-normal rainfall. Prof Rajib Lochan Deka of the agricultural meteorology department of Assam Agricultural University said, "Mid-June to mid-July is very crucial for transplanting rice seedlings. If the rainfall-deficient situation continues in July, rice production in most parts of Assam and the northeast is likely to be impacted negatively." In Assam, he said that rainfall during the first month of the monsoon 2025 (June) was deficient. "It was largely deficient in Dibrugarh, Golaghat, Baksa, Barpeta, Bongaigaon, Bajali, and Goalpara, where the departure from normal rainfall varied from 62% to 72%," Deka added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Despite rain wreaking havoc in most parts of the northeast, Assam, Meghalaya, Arunachal Pradesh, and Manipur recorded deficient rainfall between June 1 and July 1. Meghalaya recorded the highest 47% departure below normal, followed by a 40% departure in Arunachal Pradesh, a 34% departure in Assam, and a 20% departure in Manipur. Only Tripura, Mizoram, and Nagaland recorded rainfall in the normal range, with a minus 14% departure in Tripura, a 10% positive departure in Mizoram, and a minus 6% departure in Nagaland. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!


New Straits Times
01-07-2025
- Business
- New Straits Times
More investors flocking to 'stable' Europe
PETER Roessner is feeling both sides of United States President Donald Trump's trade war. While tariff risks mean the chief executive officer of Luxembourg-based hydrogen firm H2Apex can no longer rely on US suppliers for its more than €200 million project in Lubmin, Germany, investor interest in European projects is rising. "Investors in the hydrogen sector are now focusing more on the European market due to the absolute uncertainty and planning insecurity in the US," he said, adding that this included both local and US players. "The framework conditions in Europe are not ideal, but they are stable." Roessner's comments are indicative of a trend that has taken hold in recent months: Investors and companies are increasingly turning to Europe, drawn by an infrastructure- and defence-led spending push that offers stability at a time when Trump's erratic tariff policies have made the US market a less safe bet, according to more than a dozen interviews with executives and fund managers. The shift has also been fuelled by Trump's tendency to make sweeping tariff threats and announcements that are then often delayed or changed, and to draw up executive orders that have tested the limits of his presidential power. "The US is coming from a very capital market-friendly and stable environment. Now, there is political intervention and also an attempt to expand power," said Christoph Witzke, who heads the CIO office at Deka, one of Germany's largest investment funds. "This creates uncertainty that some kind of intervention ... could come at any time," he said, adding that Europe had become the centre of attention in the most recent investor conferences as a result. With a July 9 deadline for a trade deal less than two weeks away — and Trump saying he will impose 50 per cent tariffs on all European Union goods without a deal — investors have started shifting their money. Data from LSEG's Lipper Funds show that more than US$100 billion has flowed into European equity funds so far this year — up threefold from the same period last year — while outflows from the US more than doubled to nearly US$87 billion. "All that is an indication that at least market forces, investors, those who move real money around, actually see value and have confidence in Europe," said European Central Bank president Christine Lagarde earlier this month. This shift in focus was also illustrated by the weak market debut of Holcim's North American spin-off Amrize late last month, which was announced to much fanfare in early 2024 at a time when the lure of US valuations also got some of its rivals excited. In contrast, the share price of Holcim itself, now squarely focused on Europe, Latin America and North Africa, soared 15 per cent. Siemens Energy, which makes more than a fifth of its sales in the US, has noted a shift in sentiment, said finance chief Maria Ferraro, on the back of a recent US roadshow and an 84 per cent rise in the group's share price year-to-date. Apart from the improved market view, more investments are also crucial in efforts to revive the EU's economy and narrow its competitiveness gap compared with other regions, most notably China and the US. Closely watched foreign direct investment flows into Germany, the bloc's largest economy, more than doubled to €46 billion in the first four months of 2025, according to the most recent data from the Bundesbank, marking the highest level since 2022. It also shows that German companies even pulled money out of the US in three of the first four months of the year, with their balance of foreign direct investments in April at a negative €2.38 billion. Negative balances emerge when companies either divest more than they invest in a foreign country or decide against extending credit lines to local counterparts. But the picture is not all rosy, with several investors pointing out that Europe is now under pressure to act faster, create better regulation and make good on its spending pledges. "This sentiment can quickly turn again. This should be both a warning and an incentive to use the momentum now and consistently implement the planned agenda," said Stefan Wintels, head of German state-backed lender KfW.


The Hindu
01-07-2025
- General
- The Hindu
Mizoram University gets A+ grade in latest NAAC accreditation
The Mizoram University (MU) has been awarded the A+ grade with CGPA 3.30 in the latest cycle of assessment of the National Assessment and Accreditation Council (NAAC). The university had the A grade with CGPA 3.16 in the previous cycle of assessment. The university's Vice-Chancellor Dibakar Chandra Deka said the recognition highlighted the Mizoram University's unwavering commitment to excellence in teaching, research, infrastructure development, and student-centric initiatives. 'This achievement is considered remarkable for the university in its Silver Jubilee year, a university not easily accessible from mainland India, more so in the global context,' Mr. Deka said. A seven-member team of academicians deputed by the Bengaluru-based NAAC visited the Mizoram University campus in blended mode, both physical and virtual, from June 3-5. The NAAC, an autonomous body established by the University Grants Commission, assesses higher educational institutions across India on key parameters, including curriculum, teaching-learning processes, research and innovation, governance, infrastructure, and student support services.


Irish Examiner
30-06-2025
- Business
- Irish Examiner
Dalata to open new hotel in Berlin
Ireland's largest hotel group Dalata is to open its first hotel in Berlin as it continues to expand its presence in Europe. Dalata will open the four-star Clayton Hotel Tiergarten in Berlin, which previously operated as Novotel Berlin Am Tiergarten hotel. The hotel has undergone an 18-month refurbishment. Upon full completion, the Clayton Hotel will include 274 bedrooms. Dalata expects to commence operations, through a 25-year lease, in the second half of 2026. The hotel will be leased from European hotel investment group Deka. "We are very excited to announce our first hotel in Berlin, a leading global travel destination and a key strategic location in our European expansion strategy," said Dalata deputy chief executive Shane Casserly. "Situated close to numerous leisure and business hubs, the fully refurbished hotel will be ideally positioned to benefit from Berlin's rich mix of cultural, historical, sporting, and business events and attractions. We value deeply our partnerships, and we look forward to expanding our footprint in Germany and continuing our strong relationship with Deka." Dalata is currently the subject of a takeove bid led by Swedish group Pandox, which last week increased its stake in Dalata. Dalata rejected a €1.3bn takeover bid led by Pandox earlier this month as "materially undervalued".