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Govt replaces building code with a new standard, Retains fire safety provisions as ‘advisory’

New Delhi: Govt on Thursday replaced National Building Code (NBC) with National Building Construction Standards (NBCS) by withdrawing the earlier code. The new standards will serve more as guidelines, with this being done following directives from Deregulation Cell under Cabinet Secretariat.TOI has learnt that one of the main reasons for replacing NBC with NBCS was…

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Stock market holiday on May 1: Are NSE, BSE, MCX open on Maharashtra Day?

Indian markets are set for a shortened trading week, with the NSE and BSE remaining closed on Friday, May 1, for Maharashtra Day. The holiday will pause trading across equity, equity derivatives and related segments.For investors planning trades or settlements, Friday’s closure will be the latest scheduled market break after the April 14 holiday observed…

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