‘Maritime India Summit 2021’ to help Indian ports set international collaboration
NEW DELHI: Exploring the potential business opportunities in the Indian Maritime sector and contributing to an Aatmanirbhar Bharat, Prime Minister, Narendra Modi will inaugurate the ‘Maritime India Summit 2021’ the flagship initiative of the Minister of State for Ports, Shipping & Waterways (MoPSW), Government of India. This will be followed by a Welcome Address by […]
Supreme Court halts Future Group’s $3.4 billion deal on Amazon plea
By Upmanyu Trivedi NEW DELHI: India’s Supreme Court has stopped regulatory approval for the Future Group’s $3.4 billion asset sale to Reliance Industries Ltd., effectively halting the deal and marking another victory for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country’s retail sector. Agreeing with the American e-commerce […]
China says China, US and Europe should work together to uphold multilateralism
BEIJING: China, the United States and Europe should work together to uphold multilateralism, after US President Joe Biden called for democracies to coordinate their approach to China, foreign ministry spokesman Wang Wenbin said at a briefing on Monday. Biden on Friday drew a sharp contrast with the foreign policy of his predecessor, Donald Trump, and […]
Yogi Adityanath government tables Rs 5,50,270 crore budget to make Uttar Pradesh ‘atmanirbhar’
NEW DELHI: The Uttar Pradesh government on Monday presented its first paperless budget with a sharp hike in state expenditure for the Budget 2021-22 to Rs 5,50,270 crore in Legislative Assembly on Monday. The budget for 2021-22 was presented by the state’s Finance Minister Suresh Kumar Khanna in the presence of Chief Minister Yogi Adityanath. […]
Piyush Goyal dedicates 88 Railway projects in Kerala, Tamil Nadu, Madhya Pradesh , West Bengal and Karnataka
NEW DELHI: Railways, Commerce & Industry and Consumer Affairs, Food & Public Distribution Minister Piyush Goyal has inaugurated and dedicated a host of infrastructure projects, projects related to passenger amenities and facilities at various railway stations in Kerala, Tamil Nadu, Madhya Pradesh, West Bengal and Karnataka through video conferencing. About 88 Railway projects were dedicated to […]
Sensex tanks 435 points; Nifty gives up 15K
NEW DELHI: Extending its losses for the fourth straight session, equity benchmark Sensex slipped below the 51,000-mark by tumbling 435 points on Friday, tracking losses in ICICI Bank, Axis Bank and SBI. The 30-share BSE index ended 434.93 points or 0.85 per cent lower at 50,889.76. Similarly, the broader NSE Nifty gave up the 15,000 […]
IKEA to open first store in Noida, to invest Rs 5,500 crore in Uttar Pradesh
NEW DELHI: In its continuous endeavor to make Uttar Pradesh one of the most preferred investment destinations, the Yogi Adityanath government has signed an memorandum of understanding (MoU)with IKEA, the largest furniture and home applications company of the world, which will invest Rs 5500 crore in Uttar Pradesh. The Swedish company is going to start […]
Joe Biden administration introduces ambitious immigration bill in Congress
By Lalit K Jha WASHINGTON: In a major move that will benefit hundreds and thousands of Indian IT professionals in America, the Biden administration has introduced an ambitious immigration bill in Congress which among other things proposes to eliminate the per-country cap for employment-based green cards. The US Citizenship Act of 2021 proposes a pathway […]
Nitin Gadkari launches ‘Go Electric’ Campaign in presence of Power Minister RK Singh
NEW DELHI: Nitin Gadkari, the Union Minister for Road Transport & Highways, Micro, Small & Medium Enterprises Nitin Gadkari in the august presence of R. K. Singh, the Union Minister of State (IC) for Power and New & Renewable Energy, Minister of State for Skill Development and Entrepreneurship launched the “Go Electric” Campaign to spread […]
Five more states get additional borrowing of Rs. 2,094 crore
NEW DELHI: Reform linked additional borrowing permissions are stimulating reforms in Power Sector in the states. As a part of reform process, five more states namely, Bihar, Goa, Karnataka, Rajasthan and Uttarakhand have successfully met the target set by the Ministry of Power for reduction in Aggregate Technical & Commercial (AT&C) losses or achieved the […]
India will be released about Rs. 297196.52 crore to benefit all farmers
NEW DELHI:Government of India has released a record Rs. 125217.62 crore this year and Rs. 297196.52 crore more will be released during this financial year towards food subsidy of which Rs. 116653.96 crore is reflected in PFMS towards Punjab. In respect of Haryana approximately Rs. 24841.56 core would be benefiting farmers. E-mode of payment ensures […]
Deendayal Port crosses 100 MMT in cargo handling
NEW DELHI: Deendayal Port Trust, one of the 12 Major Ports of India, has crossed 100 MMT (Million Metric Tons) in cargo handling. Deendayal Port, erstwhile known as Kandla Port, is situated in Kutch, Gujarat. Deendayal Port handled 13.25 MMT of liquid cargo and 43.76 MMT of Dry cargo & containers at Kandla. It also […]
Narendra Modi lays foundation stone of two bridges in Assam
Narendra Modi ,Assam NEW DELHI: Prime Minister Narendra Modi laid foundation stone of two major bridge projects across River Brahmaputra today. This fulfilled the long pending demand of the people of Assam and Meghalaya. Speaking on the occasion, Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari said, road and infrastructure works worth Rs […]
Ro-pax services will drastically reduce distances: Narendra Modi
NEW DELHI: The Prime Minister, Narendra Modi launched ‘Mahabahu-Brahmaputra’ and laid the foundation stone of two bridges in Assam. Union Minister for Road Transport and Highways Nitin Gadkari; Union Minister for Law & Justice, Communications and Electronics & Information Technology Ravi Shankar Prasad; MoS (I/C) for Ports, Shipping and Waterways Mansukh Mandaviya and Chief Minister […]
Sensex sheds 379 points; Nifty ends below 15,200
NEW DELHI: Equity benchmark Sensex tumbled 379 points on Thursday, tracking losses in index heavyweights HDFC twins, ICICI Bank and Reliance Industries amid a weak trend in global markets. The 30-share BSE index ended 379.14 points or 0.73 per cent lower at 51,324.69. Similarly, the broader NSE Nifty dropped 89.95 points or 0.59 per cent […]
Odisha government to spend Rs 200 crore to revamp Kalinga Studio
BHUBANESWAR:The Odisha government has decided to invest Rs 200 crore to renovate Kalinga Studio here to boost the Odisa film industry and create employment opportunities in the sector, an official said on Thursday. During a meeting held on Wednesday, Chief Secretary S C Mohapatra directed the authorities to develop the facility as a film hub […]