Month: October 2022

Yotta Infra to invest Rs 39,000 crore in Uttar Pradesh in 5-7 year in data centre business

NOIDA: Data centre company Yotta Infrastructure will invest Rs 39,000 crore in Uttar Pradesh over the next 5-7 years, a top official of the company said on Monday. The Hiranandani Group firm has committed investment under a memorandum of agreement signed with the UP government. The investments will go towards constructing the data center campus, […]

By 2025, India hopes to expand its defence manufacturing beyond $25 billion

NEW DELHI: The Prime Minister, Narendra Modi laid the foundation stone of the C-295 Aircraft Manufacturing Facility in Vadodara, Gujarat today. He also visited an exhibition showcasing technological and manufacturing strides in the aerospace industry under Aatmanirbhar Bharat. Addressing the gathering, the Prime Minister said that today we have taken a big step in the […]

West Bengal breached borrowing limit by seeking loan of Rs 10, 000 crore from RBI: BJP

KOLKATA: Leader of Opposition Suvendu Adhikari on Friday claimed that West Bengal has “breached its borrowing limit” under the Fiscal Responsibility & Budget Management (FRBM) Act by making a loan request of Rs 10,000 crore to the Reserve Bank of India (RBI). Taking to Twitter, the BJP MLA from Nandigram urged the union finance ministry […]

Parliamentary panel raise apprehensions over draft telecom Bill provisions

NEW DELHI: Members of the parliamentary panel on IT on Friday expressed apprehensions about some provisions of the new draft telecom bill and sought details from the Telecom Ministry about how the law will ensure data safety and privacy, sources said. The Parliamentary Standing Committee on Information and Technology chaired by Shiv Sena MP Prataprao […]

Pact to set up Tata-Airbus project in Gujarat inked under MVA rule: Maharashtra minister

MUMBAI: Maharashtra minister Uday Samant on Friday claimed that the deal to set up the Tata-Airbus C-295 transport aircraft project in Gujarat had been signed by the Centre in September last year when the Maha Vikas Aghadi (MVA) government was in power in the state. The state Industries Minister also slammed the opposition for creating […]

Will introduce one GST slab instead of 5 if Congress comes to power: Rahul Gandhi

HYDERABAD: Congress leader Rahul Gandhi on Friday said if the party comes to power at the Centre, there would be a revisit of GST (goods and services tax). Addressing a gathering in Mahabubnagar District as part of his ‘Bharat Jodo Yatra,’ he alleged that the existing faulty GST regime and Prime Minister Narendra Modi-led government’s […]

SJM writes to environment minister opposing the release of GM mustard

NEW DELHI: The Swadeshi Jagran Manch (SJM) on Friday opposed a regulatory body’s recommendation for environmental release of genetically modified mustard, calling it “dangerous” and urged the Centre (Narendra Modi government) to ensure that the crop’s seed is not allowed to be planted “now or ever”. In a letter to Union Environment Minister Bhupender Yadav, […]

Narendra Modi to lay foundation stone of military aircraft manufacturing hub in Vadodara

NEW DELHI: In a major boost to ‘Make in India’ and domestic aviation manufacturing, Prime Minister Narendra Modi will lay the foundation stone of a transport aircraft manufacturing project for the Indian Air Force (IAF) at Vadodara, Gujarat on October 30, 2022. Raksha Mantri Rajnath Singh, Minister of Civil Aviation Jyotiraditya M Scindia and Gujarat […]

Railways does not earn profit through passenger trains: Raosaheb Danv

JALNA: Union minister Raosaheb Danve has said that running passenger trains does not benefit the railways in terms of revenue, and added that the central government runs these services for the convenience of people. The Minister of State for Railways also said that the national transporter tries to make up for the losses incurred due […]

Naveen Patnaik launches ‘Safal’ common credit portal for farmers in Odisha

NEW DELHI: Odisha Chief Minister Naveen Patnaik Wednesday launched a common credit portal SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers. The facility will enable farmers and agri-entrepreneurs to access more than 300 term loan products of over 40 banks, the chief minister said while launching the portal. It has also been […]

Dabur announces investment of Rs 325.87 crore in Indore plant

NEW DELHI: Home-grown FMCG major Dabur on Wednesday said it will invest Rs 325.87 crore in its Indore plant. The company will manufacture red toothpaste and one-litre juice packs, and increase the production capacity of portion packs of its range of juices. “The Board of Directors have approved the Capital Expenditure of Rs 325.87 crore […]

India, China trade crosses $100 billion during January-September; deficit up at $75 billion

BEIJING: India and China bilateral trade continued to boom, crossing USD 100 billion for the second year in the first nine months of 2022 while India’s trade deficit climbed to over USD 75 billion, according to trade data released by Chinese customs. The total bilateral trade, amidst the military standoff in eastern Ladakh, went up […]

Dabur India to acquire 51% stake in Badshah Masala in Rs 587.52 crore deal

NEW DELHI: Home-grown FMCG firm Dabur India on Wednesday said it will acquire 51 per cent stake in Badshah Masala in a Rs 587.52-crore deal, marking its entry in the fast-growing spices and seasoning category. The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm […]

Back To Top