We need more funds from Modi government to repair highways due to floods: Yediyurappa
BENGALURU: Karnataka on Saturday appealed to union minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Nitin Gadkari to release adequate grants to take up flood damage repair works as Karnataka has suffered severe damages to infrastructure including National Highways. For the last one year, BS Yediyurappa has come under severe attack from […]
Modi government to undertake infra projects worth Rs 1.16 trillion in Karnataka: Nitin Gadkari
NEW DELHI:The Narendra Modi government (Centre) will undertake infrastructure projects worth Rs 1.16 lakh crore in Karnataka in the coming years, Union Minister Nitin Gadkari said on Saturday. The Road Transport and Highways Minister was addressing a virtual event after laying foundation stone and inaugurating projects worth Rs 11,000 crore in Karnataka. The 33 projects […]
Suffered losses worth Rs 437.70 crore during violence in iPhone plant: Wistron
NEW DELHI: Taiwanese firm Wistron Corporation has said that it suffered losses worth Rs 437.40 crore during recent violence when a section of the company’s workers vandalised property at the firm’s iPhone manufacturing plant in Kolar district in Karnataka. A large number of employees allegedly indulged in activities of arson, loot and violence at Wistron’s […]
Taiwanese firms keen to invest in Karnataka
BENGALURU: Taiwanese companies expressed keenness to invest in Karnataka and strengthen economic and cultural relations between Taiwan and the southern state, said Karnataka Industries Minister Jagadish Shettar on Friday. “A Taiwanese delegation led by Taipei Economic and Cultural Centre (TECC) director-general Ben Wang met state Chief Minister B.S. Yediyurappa, and evinced interest to invest in […]
Rs 64,522 crore motor premium earned, Rs 35,519 crore claims paid in FY19
NEW DELHI: A total sum of Rs 35,519 crore of motor insurance claims were settled during 2018-19 by Indian general insurance companies while the gross underwritten premium was Rs 64,522.35 crore, the Insurance Information Bureau of India said on Tuesday. In its annual report on motor insurance for fiscal 2018-19, the Bureau said that Rs […]
Long-pending issue of Donimalai Iron ore mine resolved: NMDC
NEW DELHI: The long pending issue of Donimalai Iron ore mine of NMDC Ltd, which was suspended since November 2018, has finally concluded through the endeavor of the government. The decision has not only paved way for operationalization of the mine but also is a timely decision taken in a situation when the steel companies […]
Dharmendra Pradhan lays foundation stone for CBG plant in Bagalkot district of Karnataka
NEW DELHI:India’s Petroleum & Natural Gas and Steel Minister Dharmendra Pradhan today laid the foundation stone for the Leafiniti Bioenergy’s CBG plant in Bagalkot district of Karnataka,through video conference. This plant will utilize 200 TPD of press mud and will be commissioned at the estimated cost of about 42 crores. This will generate about 10.2 […]
Karnataka eyes 50% of $100 billion bio-economy by 2025
BANGALURU: Karnataka has set a target of achieving 50 per cent market share of the $100-billion national bio-economy by 2025, said Chief Minister B.S. Yediyurappa on Thursday. “We have set a target of achieving 50 per cent market share of the $100-billion national bio-economy in the next five years, as the state has been at […]
Karnataka to ink 12 pacts with partner countries soon
BENGALURU: Karnataka would sign 12 agreements with global innovation alliance (GIA) partner countries at the Bengaluru Tech Summit from November 19-21, Deputy Chief Minister C.N. Ashwath Narayana said on Monday. “The 12 agreements will be signed with GIA partner countries, mostly in Europe, at the ensuing three-day Bengaluru Tech Summit,” Narayan, who holds the portfolios […]
Day after bypolls,Karnataka hikes power tariff by 40 paise
BENGALURU: Just 24 hours after polling ended for two Assembly seats in the state, the Karnataka Electricity Regulatory Commission (KERC) on Wednesday announced a hike in power tariff by 40 paise per unit with an average increase of 5.4 per cent against the Electrical Supply Companies’ (Escoms) demand for increase of 17.26 per cent in […]
Yediyurappa invites Piramal Group to invest in Karnataka
BENGALURU: Karnataka Chief Minister B S Yediyurappa on Tuesday assured all cooperation from the state government to the Piramal Group, which expressed its willingness to invest in the pharmaceutical sector in the state. During a virtual meeting with Anand Piramal, president of Piramal Group, Yediyurappa said the state government has brought in many reforms in […]
Proud moment for India; all 8 beaches recommended by government gets International Blue Flag Certification
NEW DELHI: It is a proud moment for India as 8 beaches of India, spread across five states and two union territories, have been awarded the “BLUE FLAG” by an International Jury comprising of eminent members viz UNEP, UNWTO, FEE, IUCN. The beaches that have been awarded the ‘BLUE FLAG” are Shivrajpur (Dwarka-Gujarat), Ghoghla (Diu), […]
Karnataka appellate authority rules 18% GST on whole wheat ‘parota’ is void
NEW DELHI: The Karnataka Appellate Authority of Advance Ruling (AAAR) has given a ruling that the 18 per cent Good and Services Tax (GST) applicable on whole wheat parantha or parota (fried flat bread) and Malabar Parota is void ab initio. The authority was approached by ID Fresh Food (India) Pvt. Ltd, a food products […]
Modi government allows 5 states to procure 13.77 lakhs tonnes of pulses, oilseeds
NEW DELHI:The government of India has allowed five states to procure 13.77 lakh tonnes of pulses and oilseeds in the current Kharif season (2020-21), the Union Ministry of Agriculture & Farmers Welfare said in a statement on Monday. The five states are Tamil Nadu, Karnataka, Maharashtra, Telangana and Haryana. The Kharif Marketing Season (KMS) 2020-21 […]
Karnataka unveils new policy to boost tourism, create jobs
BENGALURU: Marking ‘World Tourism Day’, Karnataka unveiled a new tourism policy to create 10-lakh jobs and attract Rs 5,000 crore investments in the sector by 2025. “Our aim is to increase the contribution of tourism to 20 per cent from 15 per cent of the gross state domestic product (GSDP) and attract more domestic and […]
B. S. Yediyurappa says will ensure Congress sits in opposition for next 10 years
BENGALURU: Karnataka Chief Minister B. S. Yediyurappa on Saturday asserted his dream is to ensure BJP’s victory in next Assembly elections and make Congress to sit in Opposition for 10 years in a row. Replying to a no-confidence motion here, Yediyurappa said angrily that how can the Congress make mockery of the mandate given to […]