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Birla drops a bomb: Voda-Idea will shut down if it gets no help

Birla said the company will have to opt for insolvency route in the absence of relief from govt.

Modi government

Dec 06, 2019, 04.39 PM IST

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UP government to implement 25 projects on priority ahead of 2022 elections

The chief minister has invited Prime Minister Narendra Modi to lay the foundation stone of two of these projects — the Bundelkhand Expressway this month and the Jewar International Airport in January. Work on the third such project, the defence corridor in UP, is expected to begin next February when the Defence Expo is held.

Indian government's loan bonanza seen a temporary salve and a long-term pain

Reviving a practice not used in three decades, India's governmen...

FICCI urges government to revisit tendering system for construction work contracts

Experience in India has shown that officials in procuring ...

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  • Murmu directed to conduct audit of all 220 KV and 132 KV transmission line towers and take corrective measures before the start of the next winter season to prevent damage to power structure, he said.

    "Empowering Indian Coast Guard and enhancing coastal security. MoD issues notification enabling CG to 'Visit, Board, Search and Seize' suspicious vessels within India's EEZ and its continental shelf @IndianCoastGuard," Defence Secretary Ajay Kumar tweeted. A Coast Guard official said earlier, the maritime security agency did not have the power to board any vessel passing through India's EEZ.

    The latest was in 2018, when it dismissed a plea by attorney general KK Venugopal to refer the issue to a bench of seven judges. He raised the demand again on Monday before Chief Justice SA Bobde, dubbing the issue as “sensitive”. The Chief Justice said he would take a call on the matter in two weeks.

    Shaw, who had earlier said the government treated India Inc as "pariahs" and doesn't want to hear any criticism of the economy, was responding to Finance Minister Nirmala Sitharman remarks that spreading one's own impression "can hurt national interest" in relation to the statement made by Bajaj on Saturday.

    The estimated cost for construction of all housing projects is Rs 8,500 crore and amount recoverable from homebuyers and buyers of commercial areas is Rs 3,700 crore, which is 43% of the cost. Banks have also been told to release funds to homebuyers.

    The power and petroleum ministries are working on the new proposal. The earlier scheme entailing subsidy has been shelved. The proposed new scheme will offer no subsidy and hopes to help operate the power stations at 90% capacity by selling the bundled power. Bundling of solar power with an equal amount of gas-based power is expected to result in lower cost of production.

    Modi claimed that the Raghubar Das government in Jharkhand has created a favourable environment for investments over the last five years. He also credited it with decrease in Leftwing extremism.

    The indices will have a base date of November 29, 2019 and a base value of 1,000.

    In August, the government announced a mega plan to merge 10 public sector banks into four with a view to creating fewer and stronger global-sized lenders with robust balance sheets that can be used to boost credit and spur growth.

    The rupee's rise was also supported by weaker dollar against key global currencies.

    She said ministers were listening to criticism and responding positively. “It is this government and Prime Minister Modi which listens to criticism, which responds to criticism with a positivity rather than keep sitting and criticising in return".

    Replying to comments made by veteran industrialist Rahul Bajaj at the Economic Times award function here, Home Minister Amit Shah said that Defence Minister Rajnath Singh has already condemned her remarks and the party has taken action against her.

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