Category: POLICY

Supreme Court seeks NBCC response on completing stalled Jaypee group projects

NEW DELHI: The Supreme Court on Tuesday sought response from the NBCC on whether it is willing to give a revised proposal to complete the stalled projects of Jaypee group. A bench of justices A M Khanwilkar and Dinesh Maheshwari issued notice to the National Buildings Construction Corporation Limited (NBCC) and sought its reply by […]

Final NRC released, excludes 19.07 lakh applicants

GUWAHATI: The much-awaited updated Final National Register of Citizens (NRC) in Assam was released on Saturday, excluding names of over 19 lakh applicants. A total of 3,30,27,661 people had applied to be included in the NRC. Of them, 3,11,21,004 have been included in the document and 19,06,657 excluded, a statement from the NRC State Coordinator’s […]

India approves proposal for review of FDI policy on various sectors

NEW DELHI: The Union Cabinet chaired by the Prime Minister of India Narendra Modi has approved the proposal for Review of Foreign Direct Investment on various sectors. Major Impact and Benefits from FDI Policy Reform The changes in FDI policy will result in making India a more attractive FDI destination, leading to benefits of increased […]

Indian Railways waive freight charges for relief materials to 3

BENGALURU: The Indian Railways has announced waiver of freight charges for transportation of relief materials to Karnataka, Maharashtra and Kerala, which have been badly hit by floods. Relief materials for these states can be booked on goods train and parcel vans by all government organisations across the country free of cost, Deputy Director (Traffic Commercial) […]

Piyush Goyal to lead delegation of five Chief Ministers, business leaders to Vladivostok

NEW DELHI: Commerce and Industry Minister Piyush Goyal will lead a delegation of five chief ministers, including from Uttar Pradesh and Gujarat, and business leaders to Vladivostok in Russia from August 11-13, an official statement said on Friday. The commerce ministry said the visit is aimed at exploring investment opportunities and strike close partnerships with […]

Delhi government will start providing free WiFi in the next 3-4 months: Arvind Kejriwal

NEW DELHI: Chief Minister Arvind Kejriwal on Thursday announced that his government will start providing free WiFi to the people in next three to four months. He said people will also get 15GB data every month. The Delhi chief minister said that the Cabinet on Thursday approved the free WiFi proposal under which 11,000 hotspots […]

President of India gives assent to Jammu and Kashmir reorganisation legislation

NEW DELHI: President of India Ram Nath Kovind on Friday gave assent to a legislation through which Jammu and Kashmir would be split into two Union Territories — Jammu and Kashmir, and Ladakh. The Parliament had earlier this week given its nod to the legislation for bifurcating the state, a bold and far-reaching decision that […]

Haryana has potential to become NCR’s peri-urban agri and dairy hub in the region

NEW DELHI: Haryana Agriculture & Farmers Welfare, Dairying and Animal Husbandry, Minister O P Dhankar emphasized on the potential of Haryana to become a peri-urban agri and dairy hub in the region. Dhankar was speaking at the CII Northern Region Conference on Food Processing and Dairy at New Delhi today. Having proximity to Delhi-NCR, Government […]

Trade suspension to hurt Pakistan’s economy more than India’s: Experts

NEW DELHI: Pakistan’s decision to suspend bilateral trade ties with India would hit the neighbouring country more as they import essential items, according to experts. India’s exports to Pakistan have already dropped significantly due to strained trade relations after the Pulwama terror attack in February this year. “The suspension of trade relations will hit Pakistan […]

Odisha Chief Minister launches 22 projects worth Rs 4,461 crore

BHUBANESWAR: Odisha Chief Minister Naveen Patnaik on Wednesday launched 22 new projects, involving a total investment of Rs 4,461.42 crore. The projects are expected to create employment opportunities for 9451 people. “I congratulate all the companies concerned on this achievement and assure everyone for complete facilitation support from the state government,” Patnaik said. He said […]

RBI Governor says 35 bps rate cut balanced, based on data

NEW DELHI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday termed the steeper 0.35 percent repo rate cut as a “balanced” call given the domestic and global developments. He explained that a 0.25 percentage points reduction, as it has done thrice this year since February, would have been “inadequate”, while a 0.50 percentage points […]

Parliament passes bill to increase number of Supreme Court judges from 30 to 33

NEW DELHI: India Parliament on Wednesday passed a Bill which seeks to increase the number of Supreme Court judges from the present 30 to 33 with a view to reducing pendency of cases. Moving “The Supreme Court (Number of Judges) Amendment Bill, 2019” for consideration and return, Law Minister Ravi Shankar Prasad said, “I would […]

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