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Over 500 drones to measure India’s rural assets, end property dispute woes

A big force of drone pilots on the ground to measure the rural land in India stretching from Kanyakumari to Kashmir and Shillong to Somnath, would be deployed by the Survey of India (SOI).

“A hi-tech drone takes around 15 minutes to map an average Indian village. We expect that by March 2024, the ‘drone flying’ in the country would be complete,” said Sunil Kumar, the Union Secretary for the Panchayati Raj Ministry, the nodal agency for implementing the massive land survey scheme.

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Sebi tightens rules for exchange disruptions

SEBI also said on Monday it had asked the NSE to identify those responsible for the failure within 21 days and to determine why it did not move to a backup swifter.

Brokers and traders criticised the NSE sharply for not communicating well enough during last month’s outage, which they said caused losses for some investors.

The outage was the second major one for the NSE in recent years after a five-hour shutdown in 2017 due to a software problem.

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Electric shock – German auto stocks get a new lease of life

Volkswagen, the German company competing with Toyota to be the world’s biggest vehicle seller by volume, laid out its ambitious plan to turn 70% of European sales at its core VW brand electric during its “power day” last Monday.German rival BMW, meanwhile, said on Wednesday it was aiming for half of its sales to be non-fossil fuel vehicles by 2030, and that around 90% of its market categories would have fully-electric models available by 2023.

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