Modi government could withdraw new farm laws considering upcoming Uttar Pradesh polls: BJP leader
NEW DELHI: A BJP leader has supported farmers’ agitation against the three new farm laws and said that the BJP-led Narendra Modi government (central government) could withdraw them keeping in mind Uttar Pradesh assembly polls. “The demands made by the farmers are right. Keeping in mind the assembly polls and anger among the farmers, the […]
Tata to market Odisha’s Koraput Coffee
BHUBANESWAR: Tata Coffee has decided to market the beans produced in tribal-dominated Koraput district of Odisha across the country and abroad, Chief Minister Naveen Patnaik has said. Appreciating the effort of Tribal Development Co-operative Corporation of Odisha Ltd (TDCCOL), Patnaik said that Tata Coffee will procure the produce from Koraput and market it by maintaining […]
Supreme Court refuses to entertain pleas of Amazon, Flipkart against CCI probe
NEW DELHI: The Supreme Court Monday refused to entertain pleas of e-commerce firms, Amazon and Flipkart, challenging an order permitting the Competition Commission of India (CCI) to carry out a preliminary investigation into the alleged violation of the competition law. A three-judge bench headed by Chief Justice N V Ramana said that challenging the enquiry […]
Sebi enforces amendments to empower independent directors
NEW DELHI: Capital markets regulator Sebi has overhauled the rules pertaining to the appointment, removal and remuneration of independent directors to ensure their independence and effectiveness. The development assumes significance in the backdrop of the role of independent directors coming under scrutiny for their failure in detecting and preventing corporate frauds and promoter mismanagement. The […]
Over Rs 600 crore sanctioned to build roads and bridges in Uttarakhand
NEW DELHI: The government of India has sanctioned over Rs 600 crore for the construction of 42 roads and bridges in Uttarakhand, Chief Minister Pushkar Singh Dhami said on Friday. Giving the information at a press conference here, Dhami said the Ministry of Road Transport and Highways has sanctioned Rs 615.48 crore out of the […]
Second Covid-19 wave: MahaRERA grants six-month extension to developers till October
NEW DELHI: The Maharashtra Real Estate Regulatory Authority on Friday allowed a six-month relief to builders to deliver projects by accepting their demand for invoking the ‘force majeure’ clause because of the second Covid-19 wave. This is the second time in the pandemic that the authority has granted such a relief for the builders in […]
Adidas launches new 4dfwd and 4dfwd pulse Shoes
NEW DELHI: Adidas running has launched the latest iteration of its 4DFWD and 4DFWD Pulse, the next step in data-driven 3D printed midsole innovation. These running shoes are a result of combining years of athlete data with the unique technology of 3D printing, Adidas 4DFWD is created to provide runners with an all-new running experience. […]
Lok Sabha passes bill to end all retrospective taxation
NEW DELHI: A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha on Friday amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues. When the ‘The Taxation Laws (Amendment) Bill, 2021′ would be passed by Rajya […]
RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4 per cent
NEW DELHI: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy is yet to recover from the impact of second COVID-19 wave. This is the seventh time in a row that the Monetary Policy Committee (MPC) headed […]
India invites Australian investors to tap opportunities in infrastructure sector
NEW DELHI: Insdia’s Finance Minister Nirmala Sitharaman on Thursday invited Australian investors to tap opportunities in India’s infrastructure sector which needs funding to the tune of Rs 111 lakh crore over five years. Australia is an important partner of India as a strong liberal democracy with shared diaspora and bilateral trade and investment. The bilateral […]
ABL Indira JV bags Rs 350 crore project to upgrade police infrastructure in Maldives
CHENNAI: ABL Indira Projects — a Joint Venture between Ashoka Buildcon Ltd and city-based Indira Projects and Developments, on Tuesday said it recently signed an engineering, procurement and construction contract worth Rs 350 crore with the Maldives Police Service. The agreement was towards the design, construction of police stations, barracks and detention centre facilities. The […]
KIET Group organized 5-Day workshop on Outcome Based Education
NEW DELHI: KIET Group of Institutions, Delhi-NCR, Ghaziabad organized a 5-Day Workshop on Outcome Based Education (OBE) Practices (Phase – 2) for its faculty members. In continuation to this, an esteemed external expert Prof. N. J. Rao, Ex-Chairman of Centre for Electronics Design & Technology (CEDT), IISc Bangalore, delivered an online lecture on Outcome Based […]
Exports up 47.91 per cent in July to $35.17 billion in India
NEW DELHI: India’s exports grew 47.19 per cent to USD 35.17 billion in July on account of healthy growth in petroleum, engineering, and gems and jewellery segments, according to provisional data of the commerce ministry. Imports during the month also rose by 59.38 per cent to USD 46.40 billion, leaving a trade deficit of USD […]
Parliament passes Vessels Bill amid Opposition protest
NEW DELHI: Parliament Monday passed The Inland Vessels Bill, 2021, which aims to bring uniformity in the application of the law relating to inland waterways and navigation within the country. Lok Sabha had passed the Bill already on July 29. It was cleared by Rajya Sabha Monday by a voice vote amid Opposition protest and […]
Business Tycoon Abhishek Verma inaugurates ‘Taurus’ flagship store in Noida
NEW DELHI: Billionaire industrialist Abhishek Verma and his wife Anca Verma, Chairperson of Olialia World, have inaugurated country’s largest and one of the fastest-growing apparel store belonging to Taurus in Noida. The mega store is based in centrally located Sector-18. Taurus wants to focus on the Delhi-NCR region and then branch out to other metropolitan […]
Sensex rallies 364 points; Nifty ends above 15,850
NEW DELHI: Equity benchmark Sensex rallied 364 points on Monday, driven by gains in index majors Reliance Industries, Infosys and TCS amid a positive trend in global equities. The 30-share index ended 363.79 points or 0.69 per cent higher at 52,950.63, while the broader NSE Nifty surged 122.10 points or 0.77 per cent to 15,885.15. […]