Onion shoots up to Rs 70-80 per kg; Centre considers imposing stock limits
NEW DELHI: The government of India is mulling imposing stock limits on onion traders as the retail prices of the key kitchen staple have shot up to Rs 70-80 per kg in the national capital and other parts of the country owing to supply disruption in the wake of excess monsoon rains in the major […]
Nok Air launches Guwahati-Bangkok flight service
NEW DELHI: Assam Chief Minister Sarbananda Sonowal on Sunday flagged off Nok Air’s Guwahati-Bangkok flight here and hoped that the introduction of the service will help in strengthening bilateral relations between Assam and Thailand. The introduction of the flight is not just an extension of airline route but more importantly a futuristic gesture, which will […]
Need to establish Forensic Science University to ensure accurate investigation and high conviction: Amit Shah
NEW DELHI: India’s Home Affairs Minister Amit Shah chaired the 29th meeting of the Northern Zonal Council was held at Chandigarh (Haryana). The meeting was attended by the Chief Ministers of Rajasthan, Punjab, Haryana, Himachal Pradesh, Governor of Jammu & Kashmir, Administrator of UT of Chandigarh, Lt. Governor of NCT of Delhi, and various Ministers […]
No need to have trade deal with China before 2020 elections: Donald Trump
By Lalit K Jha WASHINGTON: US President Donald Trump has said he does not feel the need to strike a trade agreement with China before the next year’s presidential elections, emphasizing that he is looking for a complete and not a “partial deal” with Beijing. The world’s two largest economies have been locked in a […]
East Kidwai Nagar flats cannot be allowed to turn into ruins: Delhi High Court
NEW DELHI: The Delhi High Court on Thursday said the flats already constructed at East Kidwai Nagar as part of its redevelopment cannot be allowed to turn into a ‘khandar’ (ruins) by prohibiting their use. Justice Navin Chawla said the flats have already come up there and “we cannot say let them become a ‘khandar’. […]
Corporate tax cut positive, but growth faces headwinds: Moody’s
NEW DELHI: Moody’s Investors Service on Saturday said the cut in corporate tax increases the Narendra Modi government’s fiscal risks while headwinds from cyclical factors such as rural stress, weak corporate sentiment and slow credit pose threats to near-term growth. On Friday, the Centre announced a reduction in the base corporate tax rate to 22 […]
Railways signs MoU with Odisha for joint redevelopment of Bhubaneswar Station
NEW DELHI: East Coast Railway under the aegis of Ministry of Railways signed a Memorandum of Understanding with Government of Odisha for development of Bhubaneswar station as Multi-Model Transport Hub in New Delhi. Chief Minister of Odisha, Naveen Patnaik, the Minister of Railways and Commerce & Industry, Piyush Goyal and the Minister of Petroleum and […]
NHAI bid to revive public private partnership for national highway projects
NEW DELHI: National Highways Authority of India (NHAI) has identified various stretches on pan India basis which will be constructed through Public Private Partnership on Built Operate Transfer (Toll) Mode. These stretches have been selected on the basis of consultation with the perspective bidders. NHAI has already invited the proposal for Annual Pre-Qualification for construction […]
Dutch administrator, Jet Airways’ RP agree to cooperate in insolvency
NEW DELHI: The resolution professional of Jet Airways and Dutch insolvency administrator have agreed to cooperate in insolvency proceedings against the debt-ridden airline, the National Company Law Appellate Tribunal (NCLAT) was informed on Friday. The RP and the Dutch Court Administrator have agreed on terms and conditions on which they will cooperate in the ongoing […]
Maharashtra government’s farm loan waiver scheme a sham, claims Congress
NEW DELHI: The Congress on Friday termed as false the BJP-Shiv Sena Maharashtra government’s claim that its Rs 34,000 crore loan waiver to 89 lakh farmers was the largest ever in the country. The opposition party claimed that 50 per cent of those entitled to waiver were yet to get benefits. Chief Minister Devendra Fadnavis, […]
Investor wealth up by Rs 6.8 trillion in a day following Nirmala Sitharaman’s announcements
NEW DELHI: Investor wealth on Friday zoomed a whopping Rs 6.82 trillion in single day as equity markets rallied, with the Sensex skyrocketing 2,284 points in intra-day trade, following a slew of economy-boosting measures announced by Finance Minister Nirmala Sitharaman. The 30-share key BSE index saw a hike by 1,921.15 points or 5.32 per cent […]
Rs 20,000 crore fund for stalled housing projects likely in 45 days: Report
NEW DELHI: The government of India is targeting to implement in the next one-and-a-half month its decision to set up a Rs 20,000-crore fund for those stalled housing projects that have neither been declared insolvent nor turned bad loans, sources said. To expedite the process, the finance ministry on Thursday held consultations with real estate […]
Projects worth Rs 8,588 crore approved for telecom towers, 4G in Northeast
NEW DELHI: The Digital Communication Commission (DCC) on Thursday approved various telecom infrastructure projects, including roll out of more than 3,500 mobile towers for 4G services in North East, involving total expenditure of Rs 8,588 crore. The DCC, formerly known as telecom commission, approved a special scheme to cover close to 12,000 uncovered villages in […]
IPL brand value rises 7% to $6.8 billion in 2019; MI, CSK rise fastest: Report
NEW DELHI: The brand value of Indian Premier League (IPL) has jumped 7 percent to USD 6.8 billion in 2019, with the value of the Mumbai and Chennai franchisees rising the fastest, says a report. However, the Shahrukh Khan-co-owned Kolkata franchise, along with embattled Vijay Mallya’s Bengaluru franchise saw an 8 percent decline in their […]
Arunachal ALG reopens after 3 years
NEW DELHI: The runway of the Advance Landing Ground (ALG) at Vijaynagar in Arunachal Pradesh has been made operational to re-establish military transport aircraft connectivity to the hamlet, close to the border with Myanmar and not too far from China. An AN-32 aircraft of the IAF touched down at the Vijaynagar ALG on Wednesday, after […]
FedEx Express to showcase healthcare solutions
NEW DELHI: FedEx Express said that it will participate as a Gold sponsor and showcase its healthcare solutions at the Supply Chain Management (SCM) Pharma Summit in Mumbai on September 24-25, 2019. Now in its 10th edition, the SCM Pharma summit will highlight the strategies, practices and tools in place to enable organizations to boost […]