Flash Flood Guidance Services launched; first of its kind for South Asian countries
NEW DELHI: Earth System Science deals with the Earth system’s five components—Atmosphere, Hydrosphere, Cryosphere, Lithosphere, and Biosphere, and their complex interactions. The Ministry of Earth Sciences (MoES) holistically addresses all the aspects relating the Earth System Science for providing weather, climate, ocean, coastal state, hydrological and seismological services. The services include forecasts, warnings and detection […]
ADB, India sign $10 million loan to support project preparation to expand horticulture in Himachal Pradesh
NEW DELHI: The Asian Development Bank (ADB) and the Government of India on 30th December 2020 signed a $10 million project readiness financing (PRF) to help finance piloting activities, and design and capacity building for an ensuing project that aims to expand horticulture production and farm household income in the hill state of Himachal Pradesh. The […]
ADB, India sign $231 million loan to enhance power generation capacity in Assam
NEW DELHI: The Asian Development Bank (ADB) and the Government of India on 30th December 2020 signed a $ 231 million loan to augment electricity generation capacity in the state of Assam through construction of a 120 megawatts (MW) hydroelectric power plant that will enhance availability of electricity for households. This is the third tranche […]
Suneet Sharma takes over the charge of new Chairman & CEO of Railway Board
NEW DELHI: Suneet Sharma has taken over the charge of new Chairman & Chief Executive Officer (CEO), Railway Board (Ministry of Railways) and ex-officio Principal Secretary to Government of India. The appointments committee of the Cabinet has approved the appointment of Shri Suneet Sharma as Chairman & CEO of Railway Board. Prior to this, Shri […]
Surgeon Vice Admiral Rajat Datta takes over as Director General Armed Forces Medical Services
NEW DELHI: Surgeon Vice Admiral Rajat Datta assumed the charge of Director General, Armed Forces Medical Services on 01 Jan 2021. Prior to assuming the present appointment, the Flag Officer held the post of DGMS (Navy) and Comdt, Army Hospital (R&R) Delhi Cantt & Col Comdt. He is an alumnus of Armed Forces Medical College, […]
Narendra Modi lays foundation stone of Light House projects across six states
NEW DELHI: Prime Minister Narendra Modi laid the foundation stone of Light House projects (LHPs) under Global Housing Technology Challenge (GHTC)- at six sites across six States, today through video conference. He announced the winners under Affordable Sustainable Housing Accelerators – India (ASHA-India) and gave away annual awards for excellence in implementation of Pradhan Mantri […]
Naveen Patnaik writes to Narendra Modi, urges him to set up airport in Puri
NEW DELHI: Odisha Chief Minister Naveen Patnaik on Friday wrote to Prime Minister Narendra Modi, requesting him to set up an airport in Puri for promotion of tourism in the state. The state government has identified land for the proposed Sri Jagannath International Airport in the coastal town, he said. Patnaik said the Rath Yatra […]
Ford, Mahindra to scrap previously announced automotive joint venture
NEW DELHI:US auto major Ford Motor Co on Friday said it and India’s Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their […]
Reliance Infrastructure completes sale of Delhi-Agra toll road to Cube Highways for Rs 3,600 crore
NEW DELHI: Reliance Infra on Friday announced completion of sale of its Delhi-Agra (DA) toll road to Cube Highways and Infrastructure for Rs 3,600 crore. In a regulatory filing, Reliance Infrastructure Ltd said it has completed the sale of its 100 per cent stake in DA Toll Road to Cube Highways and Infrastructure III Pte […]
GST collections at all-time high of over Rs 1.15 lakh crore in December
NEW DELHI: GST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy. The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore and is the highest since the introduction of Goods and Services Tax from July 1, 2017, the Finance […]
Noida 2020: Biggest airport, film city and new police system
By Kishor Dwivedi NOIDA: Development work on India’s biggest airport and a new film city made sure Gautam Buddh Nagar district in Uttar Pradesh stayed in the limelight in a year headlined by a pandemic and lockdown. Chief Minister Yogi Adityanath, in his multiple visits to the district in 2020, dubbed Noida and Greater Noida […]
Markets begin 2021 with a bang; Nifty closes above 14k
NEW DELHI: The BSE Sensex surged to record highs while the NSE Nifty closed above the 14,000-mark for the first time on Friday as markets continued their record run in the new year amid robust buying in IT, auto and FMCG stocks. Extending its record-setting streak for the fifth day, the 30-share BSE Sensex rose […]
India allows import/export of COVID-19 vaccine without any value limitation
NEW DELHI: The government of India has allowed import and export of COVID-19 vaccines without any value limitation, in order to ensure speedy clearance and distribution. The Central Board of Indirect Taxes and Customs (CBIC) has amended the regulations to facilitate the import/export of COVID-19 vaccines through courier, at locations where the Express Cargo Clearance […]
Modi government directs ED, RBI to act against Amazon, Flipkart for violation of FDI, FEMA
NEW DELHI: The Narendra Modi government (Centre) has taken strong cognizance of various complaints made by the Confederation of All India Traders (CAIT) for blatant violation of FDI Policy and Foreign Exchange Management Act, 1999 (FEMA) by these companies. CAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal informed that on several complaints made […]
Tata Trusts must introspect on more scrutiny by government bodies: Cyrus Mistry
NEW DELHI: SP Group chief Cyrus Mistry on Thursday said that instead of seeking to blame him at every turn, the Trustees of the Tata Trusts must introspect why they have deviated, leading to a greater scrutiny on their operations by the various government bodies. “We note that the Income Tax Appellate Tribunal has issued […]
63 Moons moves NCLT seeking to ensure recovery from DHFL benefit creditors
NEW DELHI: 63 Moons Technologies, formerly Financial Technologies, on Thursday said it has moved the National Company Law Tribunal (NCLT) seeking to ensure that recovery from DHFL benefit all creditors, including NCD-holders. The company holds over Rs 200 crore of NCD (non-convertible debentures) of the crippled mortgage player. “We have filed an application with the […]