NTPC starts India’s first green hydrogen blending operation in PNG network
NEW DELHI: NTPC Ltd commissions India’s first green hydrogen blending project. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas township, Surat. The project is a joint effort of NTPC and Gujarat Gas Limited (GGL). The first molecule of green hydrogen from the project was set in […]
India’s GST revenues grow 15 per cent to nearly Rs 1.50 lakh crore in December
NEW DELHI: The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance. This is the 10th month in a row that the revenues have remained above the Rs 1.4 lakh crore mark. The […]
Supreme Court to pronounce verdict on pleas against demonetisation on Monday
NEW DELHI: The Supreme Court is scheduled to pronounce its judgment on Monday on a batch of pleas challenging the government’s 2016 decision to demonetise currency notes of Rs 1,000 and Rs 500 denominations. A five-judge Constitution bench headed by Justice S A Nazeer, who will retire on January 4, is likely to pronounce its […]
India aims to double auto industry size to Rs 15 trillion by 2024 end: Nitin Gadkari
KOLKATA: India is aiming to double the size of its automobile industry to Rs 15 trillion by the end of 2024, making it one of the world’s top countries in this sector, Union Road Transport and Highways Minister Nitin Gadkari said on Wednesday. Gadkari also said that his ministry will carry out project works worth […]
India approved 98 FDI proposals from nations sharing border since April 2020
NEW DELHI: The government of India has approved 98 foreign direct investment (FDI) proposals from countries sharing land border with India since April 2020 out of 423 received from sectors including trading and electronics, Parliament was informed on Wednesday. Many of these proposals are from China, either directly or indirectly, Minister of State for Commerce […]
Parliament passes bill to rename New Delhi International Arbitration Centre
NEW DELHI: Parliament on Wednesday passed a bill to rename the New Delhi International Arbitration Centre as the India International Arbitration Centre. The Rajya Sabha passed the New Delhi International Arbitration Centre (Amendment) Bill, 2022, which was piloted by Union Law Minister Kiren Rijiju in the house on Wednesday. The Lok Sabha has already passed […]
Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit in Gujarat
NEW DELHI: Billionaire Anil Agarwal is struggling to find financial backers for a planned semiconductor factory in India’s Gujarat with an investment of as much as Rs 1.54 trillion ($18.6 billion), according to people familiar with the matter. Agarwal’s representatives met with large funds from the Middle East, Singapore, and the US over the past […]
Finance and Central Bank Deputies meeting under India’s G20 Presidency to be held in Bengaluru
NEW DELHI: The first G20 Finance and Central Bank Deputies (FCBD) meeting is scheduled to be held during 13-15 December 2022 in Bengaluru. This meeting, which will mark the start of discussions on the Finance Track agenda under the Indian G20 Presidency, will be hosted jointly by the Ministry of Finance and the Reserve Bank […]
Narendra Modi dedicates AIIMS Nagpur to the nation
NEW DELHI: The Prime Minister, Narendra Modi dedicated to the nation, AIIMS Nagpur today. The Prime Minister also took a walkthrough of the Nagpur AIIMS Project Model and witnessed Milestone Exhibition Gallery that was showcased on the occasion. The Prime Minister’s commitment to strengthening health infrastructure across the country will be strengthened through the dedication […]
India will make efforts to meet 230-Gw peak demand in April 2023
NEW DELHI: The government of India will take all possible measures to meet the 230 gigawatt (GW) single-day peak demand expected in April 2023, according to Power Secretary Alok Kumar. On Wednesday, Power Minister R K Singh presided over a meeting to review the preparation to meet the high electricity demand expected in April next […]
Farmers get Rs 1.25 trillion as claims till October 31 under Pradhan Mantri Fasal Bima Yojana since 2016
NEW DELHI: Farmers have been paid claims worth Rs 1,25,662 crore under the Pradhan Mantri Fasal Bima Yojana since its inception in 2016, the government said on Thursday. Crop insurance premium totalling Rs 25,186 crore have been paid by the farmers under the scheme till October 31, 2022. Under the Pradhan Mantri Fasal Bima Yojana […]
India inaugurates swanky Terminal-2 of Kempegowda International Airport
NEW DELHI: India’s Prime Minister Narendra Modi inaugurated Terminal 2 of Kempegowda International Airport at Bengaluru. The Prime Minister also interacted with airport authorities where he was briefed on the model of the Terminal 2 building. The Prime Minister also inspected the facilities at the experience centre and took a walkthrough of Terminal 2 of […]
India urges BIMSTEC nations to work in cooperation to transform farm sector
NEW DELHI: India’s Agriculture Minister Narendra Singh Tomar on Thursday urged the member countries of BIMSTEC to work together for development of a comprehensive regional strategy to strengthen cooperation for transformation of farm sector. India hosted the second Agriculture Ministerial-level meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) here […]
Madhya Pradesh aims to contribute Rs 55,000 crore to India’s GDP by 2026: Shivraj Singh Chouhan
MUMBAI: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday said the state’s contribution to India’s economy will reach USD 550 billion by 2026 as the country is expected to become a USD 5-trillion economy. Chouhan said the state’s gross domestic product (SGDP) is growing at 19.67 per cent this year and it has been […]
India’s Nitin Gadkari approves Rs 68,000 crore road projects in four Northeastern states
NEW DELHI: India’s Road Transport and Highways Minister Nitin Gadkari on Wednesday approved a slew of new road projects, valued at Rs 68,000 crore, in four Northeastern states to make international standard surface connectivity. Addressing a late-night press conference after reviewing various national highway projects in the region, Gadkari said that new projects are worth […]
Prime Minister Narendra Modi unveils logo, theme and website of India’s G-20 Presidency
NEW DELHI: The Prime Minister, Narendra Modi unveiled the logo, theme and website of India’s G-20 Presidency via video conferencing today. Addressing the gathering, the Prime Minister remarked that from 1st December 2022, India will preside over the G-20 Summit and said that it is a historic opportunity for the country. The Prime Minister said […]