Category: POLICY

Trade war will help India emerge as bigger trading, manufacturing base: Arun Jaitley

NEW DELHI: India’s Finance Minister Arun Jaitley on Friday said the ongoing global trade war may have created initial instability , but will gradually open up opportunities for India as a bigger trading and manufacturing base. Calling on businesses to adopt ethical practices, Jaitley said that entities should pay their due share of taxes as […]

NBFCs, HFCs maintaining adequate liquidity buffer: Crisil

NEW DELHI: Non-banking financial companies (NBFCs) and housing finance companies (HFCs) are maintaining adequate liquidity buffer to manage any mismatches in their asset-liability maturity (ALM) profiles, rating agency Crisil said on Friday. The business fundamentals of non-banks including growth potential, asset quality and capitalisation, still look solid, the agency said in its report. “The liquidity […]

Solid waste management & recycling must for sustainable growth: Hardeep Puri

NEW DELHI: India’s Housing and Urban Affairs Minister Hardeep Puri has called upon the Industry and the society to self-regulate to bring about behavioural change for a greener and sustainable growth. He was delivering the inaugural address at a Conference on “Plastic Recycling & Waste Management – Opportunities and Challenges” here today. In this context, […]

Cabinet approves disinvestment of ITDC hotels in Bihar, Jammu and Kashmir

NEW DELHI: In continuation of the disinvestment policy of the government, the Cabinet Committee on Economic Affairs on Wednesday approved handing over of two India Tourism Development Corporation (ITDC) hotels in Jammu and Kashmir and Bihar to the respective state government, according to a statement. Incomplete project of Hotel Gulmarg Ashok in Gulmarg will be […]

About 209 MoUs signed during Assam investors summit

GUWAHATI: Assam Government has signed 209 memorandum of understandings (MoUs) with various industrialists or companies during the Global Investors Summit-2018 here with expectations to get an investment of Rs 79,000 crore, the assembly was informed on Thursday. Besides, Ambani, Tata, Adani, the Inland Waterways Authority of India, the Airports Authority of India and others have […]

India approves Rs 8,606 crore for border infrastructure, management

NEW DELHI: The government of India has approved Rs 8,606 crore for 60 projects being implemented under the umbrella scheme of Border Infrastructure and Management (BIM) to meet special development needs of people living in those areas, officials said on Wednesday. The projects are being implemented in 17 states having the international borders with Pakistan, […]

Supreme Court of India declares Aadhaar scheme constitutionally valid, strikes down some provisions

NEW DELHI: The Supreme Court of India on Wednesday declared the Centre’s flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions. A five-judge constitution bench headed by Chief Justice Dipak Misra held that while Aadhaar would remain mandatory for filing […]

Cabinet approves National Digital Communications Policy-2018

NEW DELHI: The Union Cabinet, chaired by the Prime Minister of India Narendra Modi has approvedthe National Digital Communications Policy-2018 (NDCP-2018) andre-designation of the Telecom Commission as the “Digital Communications Commission”. TheNDCP-2018 envisions supporting India’s transition to a digitally empowered economy and society by fulfilling the information and Communications needs of citizens and enterprises by […]

Housing ministry wants ‘stress fund’ to complete stuck projects in Noida and Greater Noida

NEW DELHI: In a move that is likely to bring relief to home buyers in Noida and Greater Noida, the Ministry of Housing and Urban Affairs (HUA) has urged the Ministry of Finance to create “Stress Funds” to complete stalled housing projects in these areas. An official said Housing and Urban Affairs Secretary Durga Shanker […]

India-Pakistan trade potential stands at $ 37 billion: World Bank

ISLAMABAD: The trade potential between India and Pakistan stands at $37 billion, according to a World Bank report which said that continued political tensions and lack of normal trade relations between the two nations have cast a shadow over cooperation efforts within South Asia. The report ‘A Glass Half Full: The Promise of Regional Trade […]

India’s urban areas facing multi-pronged challenges in ensuring housing for all

NEW DELHI: India’s urban areas are facing multi-pronged challenges and a “complex ecosystem” in ensuring housing for all, Union minister Hardeep Singh Puri said on Tuesday. Speaking at Project Managers Global Summit 2018 on ‘Powering India’s Breakthrough Growth: New Dimensions in Project Management’ here Tuesday, Puri said meeting these challenges require efficient project management which […]

NCP backs demand for JPC probe into Rafale deal

PATNA: The Nationalist Congress Party (NCP) on Tuesday backed the demand for a Joint Parliamentary Committee (JPC) probe into the Rafale deal and asked the Centre to come out with a “white paper” on the matter. NCP national general secretary Tariq Anwar said that the BJP, which was in the opposition in the 1980s, had […]

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