Narendra Modi announces Rs 1000 crore Startup India seed fund
NEW DELHI: The Prime Minister Narendra Modi interacted with startups and addressed ‘Prarambh: Startup India International Summit’ via video conferencing. Ministers from BIMSTEC countries and Union Ministers Prakash Javadekar, Piyush Goyal and Som Parkash were present on the occasion. Speaking on the occasion, the Prime Minister said that the start-ups are changing the demographic characteristics of […]
Kapil Wadhawan’s fresh offer for DHFL, ‘100% refund’ to creditors
NEW DELHI: Kapil Wadhawan, the erstwhile promoter of Dewan Housing Finance Corporation Ltd (DHFL), has written to the administrator of the bankrupt company with a fresh proposal to repay 100 per cent of the principal debt to the creditors. In a letter which has also been marked to the Reserve Bank of India (RBI), the […]
GHMC polls: TRS emerges as single largest party, but BJP makes electoral inroads with a ‘saffron strike’
HYDERABAD: Backed by a high-octane campaign involving its top guns, the BJP on Friday made significant electoral inroads here in the fiercely contested GHMC polls, almost giving a scare to the ruling TRS, which just managed to retain control of the civic body it won four years ago. BJP’s resurgent performance prompted the state leadership […]
Pharma firm in India to make Russia’s Sputnik V COVID-19 vaccine
MOSCOW:Indian pharmaceutical company Hetero will manufacture over 100 million doses of the Russian Sputnik V COVID-19 vaccine per year under the terms of a deal unveiled on Friday between it and Russia’s RDIF sovereign wealth fund. The move, which RDIF cast as another step in its efforts to scale up international manufacturing of its flagship […]
Hyderabad – Nashik SpiceJet Flight Flagged off under UDAN
NEW DELHI: Taking the next stride in boosting regional aerial connectivity in India under RCS-UDAN (Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik) of the Government of India, the second direct flight commenced operations today from Hyderabad, Telangana to Nashik, Maharashtra. Chhagan Bhujbal, Guardian Minister, Nashik, Hemant Godse, Member of Parliament, Nashik, Surah Mandhare, […]
Odisha’s Soyeb Aftab tops NEET 2020 gets cent per cent score
NEW DELHI: The National Testing Agency (NTA) has released the result of NEET 2020 examination on its official website, along with the final Q&A score. Soyeb Aftab of Odisha has topped the examination with a perfect score of 720 out of 720. Shoaib’s parents are over the moon that their son’s hard work has got […]
Indiabulls Housing sells additional stake in OakNorth to raise Rs 441 crore
NEW DELHI: Indiabulls Housing Finance on Friday said it has sold its additional stake in OakNorth Bank for Rs 441 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (Capital to Risk-weighted Assets Ratio) of the company, it said. The company has further sold a portion of its stake […]
Having property ownership rights big step towards making country ‘Aatmanirbhar’: Narendra Modi
NEW DELHI: Prime Minister of India Narendra Modi on Sunday launched the physical distribution of property cards under the ‘SVAMITVA’ (ownership) scheme via video conferencing, and asserted that it is a “historic move” that will transform rural India. This will pave the way for villagers to use property as a financial asset for taking loans […]
Yogi Adityanath announces to set up country’s ‘biggest’ film city in Uttar Pradesh
NEW DELHI: Uttar Pradesh Chief Minister Yogi Adityanath on Friday announced to set up the country’s “biggest” film city in the state’s Gautam Buddh Nagar, officials said here. “The CM, while addressing a review meeting, announced to set up the biggest and most beautiful film city of the country in Gautam Buddh Nagar. He instructed […]
Global economic recovery may take five years, says World Bank chief economist
MADRID:The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank’s chief economist Carmen Reinhart said on Thursday. “There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as much as […]
Coronavirus: Saudi Arabia to lift travel restrictions from January 2021
NEW DELHI: Saudi Arabia has announced that it will lift travel restrictions from January 2021. In a statement on Sunday, the Interior Ministry attributed the delay in lifting the restrictions due to the severe Covid-19 situation in some countriesm reports Xinhua news agency. The Health Ministry said it has the right, according to the situation, […]
Indian Railway to soon link all Northeast state capitals, Bangladesh: Piyush Goyal
NEW DELHI: The Indian Railways are working on connecting capitals of all eight northeastern states and also executing a project to link up with Bangladesh’s railway networks to facilitate communication with other parts of India via the neighbouring country, Railways Minister Piyush Goyal said on Friday. With the Centre’s focus on all-round development of the […]
Punjab seeks over Rs 80,000 crore aid from Modi government
NEW DELHI: Stressing that the coronavirus challenge is likely to stay for long, the Punjab government sought a fiscal aid of over Rs 80,000 crore from the Centre (Narendra Modi government) to save lives and secure lovelihoods’. Chief Minister Amarinder Singh in a memorandum to Prime Minister Narendra Modi pointed towards a ‘large-scale devastation and […]
Vista Equity to invest $1.5 billion in Reliance’s digital arm
NEW DELHI: India’s Reliance Industries Ltd (RIL) on Friday announced a $1.5 billion (Rs 11,367) stake sale in digital unit Jio Platforms, a third deal in a little over two weeks that will inject a combined $8 billion in the telecoms-to-energy group to help it pare debt. Private equity firm Vista Equity Partners is buying […]
Narendra Modi disburses Rs 12,000 crore to six crore farmers
BENGALURU: Prime Minister Narendra Modi on Thursday slammed states, which have not enrolled with the Pradhan Mantri Kisan Samman Yojana (PMKSY), saying that such petty politics has done great damage to the farming community. “I expect that in the new year, those states which are not associated with the Kisan Samman Yojana will at least […]
Devendra Fadnavis back as Maharashtra Chief Minister,Ajit Pawar Deputy Chief Minister
NEW DELHI: The month-long political impasse in Maharashtra ended dramatically on Saturday with Devendra Fadnavis returning as the chief minister, backed by the Sharad Pawar-led NCP. NCP’s Ajit Pawar was sworn-in as the deputy chief minister. Governor Bhagat Singh Koshyari administered the oath at the Raj Bhavan here at around 7.30 am Blaming the Shiv […]