India:Union Budget 2023-24 Highlights
NEW DELHI: India’s Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A Per capita income has more than doubled to ₹1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest in […]
Slaughter industry uses water extensively, increases pollution: Mohan Bhagwat
NEW DELHI: Water consumption and pollution increases due to slaughter houses and the associated industry, Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat said here on Wednesday while appealing people to conserve water. He was speaking at ‘SuJalam’, a conference on water conservation organized by the Deendayal Shodh Sansthan and Madhya Pradesh Jan Abhiyan Parishad. “The […]
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 […]
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 lays foundation stone and dedicates to nation projects worth Rs. 75,000 crore in Maharashtra
NEW DELHI: The Prime Minister Narendra Modi laid the foundation stone and dedicated to the nation various projects worth more than 75,000 crore in Maharashtra today. It includes national rail projects worth more than 1500 crores, National Institute of One Health (NIO), Nagpur and Nag river pollution abatement project, Nagpur. During the programme, the Prime […]
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 […]
Nirmala Sitharaman to kick-start pre-Budget meetings from Monday
NEW DELHI: Finance Minister Nirmala Sitharaman will kick-start the customary pre-budget meetings beginning Monday with a special focus on issues concerning climate change and infrastructure. The minister would hold virtual meetings on November 21 in three groups with industry chambers, infrastructure sector and environment experts seeking suggestions for the 2023-24 Budget making from stakeholders. On […]
Demonetisation enforced after extensive talks with RBI: Modi government tells Supreme Court
NEW DELHI: The 2016 demonetisation was a “well-considered” decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court. Defending its decision to demonetise currency notes of Rs 500 and Rs 1,000 denominations, the Centre told the […]
Narendra Modi launches infra projects worth Rs 15,233 crore in Andhra Pradesh
VISAKHAPATNAM: Prime Minister Narendra Modi on Saturday dedicated to the nation the Rs 2,917 crore U-field Onshore Deepwater Block project of ONGC in Andhra Pradesh. It is the deepest gas discovery project with a production potential of about three million metric standard cubic metres per day (MMSCMD). On the second day of his two-day tour […]
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 […]
Telangana to develop dedicated industrial park for Taiwanese companies
HYDERABAD: A team from Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) and Taipei Economic and Cultural Center (TECC) on Friday met Telangana Minister for IT and Industries K T Rama Rao and discussed a wide range of topics ranging from trade and economic cooperation to cultural exchange programmes. An official release said the minister spoke […]
Money in NPS belongs to people, can’t go back to state governments as per law: Nirmala Sitharaman
SHIMLA: India’s Finance Minister Nirmala Sitharaman on Thursday said the money in the National Pension Scheme (NPS) belongs to individual contributors and as per law, state governments cannot get it back. Responding to queries on restoration of the old pension scheme (OPS), Sitharaman clarified at a press conference that Rajasthan and Chhattisgarh governments that are […]
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 […]
Narendra Modi to visit Indonesia from November 14-16 to attend G20 summit: MEA
NEW DELHI: Prime Minister Narendra Modi will visit Indonesian city of Bali from November 14 to 16 to attend the G20 summit, the Ministry of External Affairs (MEA) announced on Thursday. India will assume the Presidency of the powerful grouping from the current chair Indonesia on December 1. The G20 or Group of 20 is […]