West Asia conflict a ‘war’, government firms can invoke ‘force majeure’ clause

The clause allows relief in extraordinary circumstances beyond human control, such as war, and frees parties from contractual liability NEW DELHI: The West Asia conflict should be treated as a “war” to invoke the ‘force majeure’ clause in public contracts where obligations have been impacted by disruptions, the finance ministry has said.It has allowed govt…

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From crypto to crops: Bitcoin mining heat warms a Dutch greenhouse for growing tulips |

Dutch greenhouse growing tulips In a greenhouse on the outskirts of the Netherlands’ flower-growing regions, rows of tulips bloom in a climate controlled not only by traditional horticultural equipment but also by humming cryptocurrency computers. Instead of allowing heat generated by Bitcoin mining machines to dissipate into the air, farmers and engineers have begun redirecting…

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India opposes China-led IFD pact’s inclusion; flags risks to WTO framework and core principles

India on Saturday said it has strongly opposed the China-led Investment Facilitation for Development (IFD) Agreement being incorporated into the World Trade Organisation (WTO) framework, flagging concerns over its systemic implications, PTI reported.The issue was raised at the ongoing 14th ministerial conference (MC14) of the WTO in Yaounde, Cameroon, where Commerce and Industry Minister Piyush…

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Mumbai University UG admissions 2026: Application begins tomorrow, check complete schedule here

The University of Mumbai has announced that the registration process for Undergraduate (UG) admissions 2026 will begin from tomorrow, May 6, 2026. Students who meet the eligibility criteria can apply online through the official admission portal. The admissions are being conducted for the academic session 2026–27. Courses offered As per the National Education Policy (NEP)…

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SBI partners Mitsubishi to finance projects, M&A

MUMBAI: Japan’s Mitsubishi UFJ Financial Group and State Bank of India on Wed announced a strategic partnership to structure and finance projects, including mergers and acquisitions, acquisitions, and real estate funding for Indian and global clients.The alliance follows new rules by Reserve Bank of India allowing banks to fund corporate acquisitions up to 75% of…

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