BJP declares income of over Rs 1,000 crore in 2017-18
NEW DELHI: The BJP has declared a total income of Rs 1,027.34 crore during financial year 2017-18 and spent 74 per cent (Rs 758.47 cr) of it, according to a report by the Association for Democratic Reforms (ADR). The ADR said the Congress was yet to file its audit report for the year. The BSP’s […]
Replace Narendra Modi with Nitin Gadkari: Maharashtra farmer leader tells RSS
NEW DELHI: In a huge embarrassment, a prominent Maharashtra farmer leader has demanded that the Rashtriya Swayamsevak Sangh (RSS) must replace Prime Minster Narendra Modi with Union Minister Nitin Gadkari if the Bharatiya Janata Party (BJP) wishes to win the 2019 general elections. The demand has come from a state-government panel, Vasantrao Naik Sheti Swavalamban […]
Huge investment opportunities for Turkish construction firms in India: Suresh Prabhu
NEW DELHI: Huge investment opportunities exist in India in various sectors including construction for Turkish companies, Commerce and Industry Minister Suresh Prabhu said on Tuesday. He said all issues such as trade deficit, raised by Turkey, would be looked upon by India. “There is a huge potential for Turkish construction companies to operate in India,” […]
IndoSpace raises $1.2 billion to develop, buy logistic parks
NEW DELHI: Everstone-backed IndoSpace said it has raised $1.2 billion from investors through its new fund to develop and acquire industrial and logistics parks. IndoSpace is one of the largest provider of modern industrial and logistics real estate in India and has taken total commitment to India to above $3.2 billion. It is promoted by […]
Jammu & Kashmir government to set up RERA
JAMMU: The Jammu and Kashmir government for the first time will set up a Real Estate Regulatory Authority (RERA) in the state to promote regulated and planned growth of the real estate sector, official spokesman said. On Friday, the State Administrative Council (SAC) under the chairmanship of Governor Satya Pal Malik approved the establishment of […]
Bank of Baroda to shut three overseas branches by June
NEW DELHI: State-owned Bank of Baroda will close down three overseas branches by June. The bank in a regulatory filing said that as per the government guidelines for rationalisation of overseas presence, increase in efficiency and profitability of the overseas offices, it will close down branches in Guyana, Trinidad and Tobago and Ghana by June […]
Maharashtra Chief Minister to speak to Dilip Kumar, Saira Banu over property woes
MUMBAI: Maharashtra Chief Minister Devendra Fadnavis said on Monday he will speak to legendary actor Dilip Kumar and his family to allay their fears over a property issue involving a city-based builder. Saira Banu, veteran actress and Kumar’s wife, had Sunday sought a meeting with Prime Minister Narendra Modi, who will be in Mumbai on […]
AAI seeks bids for six airports, to finalise bidders on February 28
NEW DELHI: The Airports Authority of India (AAI) will choose the bidders to operate its aerodromes at Guwahati, Thiruvananthapuram, Lucknow and three other places on the basis of “per-passenger fee” and finalise the bids on February 28. As part of an open international competitive bidding process, the AAI has sought bidders for carrying out operations, […]
Demonetisation: Data on printing of Rs 2000, Rs 500 notes should be disclosed, says CIC
NEW DELHI: The note printing subsidiary of the Reserve Bank of India (RBI) has failed to explain how disclosure of data on Rs 2000 notes and Rs 500 notes printed after demonetisation will affect economic interests of the state, the Central Information Commission (CIC) has noted ordering its disclosure. The Bhartiya Reserve Bank Note Mudran […]
After Kamal Nath, Chhattisgarh Chief Minister announces Rs 61 billion farm loan waiver
RAIPUR: Chhattisgarh Chief Minister Bhupesh Baghel on Monday announced that his government will waive short-term agricultural loans of farmers, fulfilling a promise made by the Congress ahead of the just concluded state assembly polls. Short-term agriculture loans to the tune of over Rs. 6,100 crore of over 16.65 lakh farmers drawn from cooperative banks and […]
Bhupesh Baghel sworn in as Chief Minister of Chhattisgarh
NEW DELHI: Congress leader Bhupesh Baghel was on Monday sworn in as the Chief Minister of Chhattisgarh. MLAs T.S. Singh Deo and Tamradhwaj Sahu, who were front-runners for the Chief Minister post, were sworn in as Ministers. Governor Anandiben Patel administered the oath of office and secrecy to Baghel, 57, and the two during the […]
Cabinet approves establishment of two new AIIMS at Tamil Nadu, Telangana
NEW DELHI: The Union Cabinet chaired by Prime Minister Narendra Modi today has approved establishment of two new All India Institute of Medical Sciences (AIIMS) at Madurai, Tamil Nadu at a cost of Rs 1,264 crore and Bibinagar, Telangana at a cost of Rs 1,028 crore. The AIIMS will be set up under Pradhan MantriSwasthya […]
Cabinet approves 4-lane bridge across river Ganga in Bihar
NEW DELHI: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, approved the project for construction of a 5.634 km long new 4 – lane bridge across river Ganga, just 38 meters on upstream side of the existing Mahatma Gandhi Setu (also called Gandhi Setu or Ganga Setu), along with approaches […]
Oppo to hire from campuses for Hyderabad centre
NEW DELHI: Chinese handset maker Oppo on Saturday said it has set up a research and development (R&D) centre in Hyderabad. The India R&D centre is the fourth such set up globally and the largest outside China, it said. The company—which competes with the likes of Xiaomi, Samsung and vivo in the Indian market—did not […]
Kamal Nath signs farmers’ loan waiver file
BHOPAL: Loans of up to Rs two lakh of Madhya Pradesh farmers will be waived, with Chief Minister Kamal Nath on Monday signing a file to the effect. The move follows a promise by Congress president Rahul Gandhi during the poll campaign that if people of Madhya Pradesh voted for Congress, then they would implement […]
FIIs outflows near Rs 1 trillion so far in 2018
NEW DELHI: Foreign investors’ portfolio investments have long been known as ‘hot money’ that comes in fast but can go out even faster and it is the outward journey that seems to be the underlying theme for the Indian capital markets as 2018 draws to a close, with net outflows nearing the Rs 1 lakh […]