2021 will witness lot of regulatory efforts channelled towards virtual assets: SBI official

NEW DELHI: The use of crowdfunding websites create additional risk and the year 2021 will see a lot of regulatory effort channelled towards virtual assets, a senior SBI official said on Monday. Addressing a virtual ‘AML/CFT Conference 2020′, Sujit Kumar Varma, SBI’s Deputy Managing Director (Corporate Accounts Group) said that the trade-based money laundering remains […]

Donald Trump signs Tibet policy to preempt Chinese move on Dalai Lama’s succession; China firmly opposes

By Lalit K Jha and K J M Varma WASHINGTON/BEIJING: US President Donald Trump has signed into law a bill that reaffirms the right of Tibetans to choose a successor to the Dalai Lama and calls for establishing an American consulate in Tibet, prompting China to warn that the act will seriously disrupt and hurt […]

L&T plans to hire 1,100 engineers across business verticals in 2021

NEW DELHI: Engineering and construction conglomerate Larsen & Toubro (L&T) is looking to recruit close to 1,100 graduate and post graduate engineer trainees in 2021 and deploy them across various business verticals, a top company official has said. The company, through its ongoing virtual hiring process, has already made around 250 offers in the recent […]

Donald Trump signs $900 billion Covid-19 pandemic relief package

WEST PALM BEACH:President Donald Trump has signed a $900 billion pandemic relief package, ending days of drama over his refusal to accept the bipartisan deal that will deliver long-sought cash to businesses and individuals and avert a federal government shutdown. The massive bill includes $1.4 trillion to fund government agencies through September and contains other […]

Amit Shah launched several development projects in Assam

NEW DELHI: India’s Home Minister Amit Shah today launched several development projects in Assam.Shah laid the foundation stone of New Medical College in Guwahati. To be built at a cost of around Rs 850 crore, this will be the second medical college in Guwahati city. Shah also laid the foundation stone of nine law colleges to […]

Narendra Modi launches Ayushman Bharat PM-JAY SEHAT to extend coverage to all residents of Jammu & Kashmir

NEW DELHI: The Prime Minister, Narendra Modi launched Ayushman Bharat PM-JAY SEHAT to extend coverage to all residents of Jammu & Kashmir today through video conference. Union Ministers, Amit Shah, Dr Harsh Vardhan, Dr Jitendra Singh and Lieutenant Governor of Jammu & Kashmir,Manoj Sinha were present on the occasion. The Prime Minister also interacted with […]

Bihar Cabinet approves proposal to create 103 new nagar

NEW DELHI: The Bihar Cabinet on Saturday gave its nod for creation of 103 new nagar panchayats, eight new nagar parishads, and upgrading five municipal councils to municipal corporations, an official release said. The decision was taken to boost urbanisation and increase the states share in central resources, the release said. The Cabinet meeting, chaired […]

Modi government plans product specific warehouses around ports, waterways

NEW DELHI: In a major step towards strengthening port infrastructure, the Narendra Modi government proposes to create product specific warehouses at various major and non-major ports across the country. The proposed warehouses will cater to a host of products such as cement, electronic products, pharmaceuticals, auto spares parts and components. They will also be equipped […]

SJVN gets 3 hydroelectric projects in Chenab basin from Himachal Pradesh

NEW DELHI: State-owned power producer SJVN Ltd has been awarded three hydroelectric power projects totaling 501 megawatts (MW) by the Himachal Pradesh government. The three projects are to be developed in the Chenab river basin in Himachal Pradesh, SJVN said in a statement. ‘The Cabinet meeting chaired by Himachal Pradesh Chief Minister Jai Ram Thakur […]

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