Bhubaneswar Municipal Corporation introduces Rs 2000 charge for gas-powered cremations to maintain facilities

The Bhubaneswar Municipal Corporation has decided to implement a Rs 2,000 fee for cremations using gas-powered chambers in city crematoriums, a decision made to maintain these facilities. This move comes alongside renovations and expansions at crematoriums like Satya Nagar, which now offers both wood-based and gas-powered options. Green campaigners have advocated for gas-based crematoriums to…

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FPI rules: Sebi eases compliance for govt securities investors; move to boost sovereign debt inflows

Sebi has eased compliance norms for Foreign Portfolio Investors (FPIs) investing solely in government securities under the fully accessible route. These GS-FPIs are now exempt from providing investor group details and certain disclosure requirements. The move aims to attract greater long-term foreign investment into India’s sovereign debt market by simplifying procedures.

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