Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
New Delhi, Jul 15 : Government think tank Niti Aayog is working on a proposal to replace LPG subsidy with cooking subsidy in order to extend the benefits to people using piped natural gas and biofuels for cooking purposes, a top official said today. Niti Aayog Vice Chairman Rajiv Kumar said subsidy should be applicable […]
Govt sets up 10-member panel to review penal provisions under companies law
New Delhi, Jul 15 : The government today said it has constituted a 10-member committee to review the penal provisions under the companies law and examine de-criminalisation of certain offences. The high-level panel, chaired by Corporate Affairs Secretary Injeti Srinivas, would submit its report in 30 days to the government. Noted banker Uday Kotak, former Lok […]
Farm loan waivers, not real income growth, driving rural revival: Report
Mumbai, Jul 15 : The green-shoots of demand growth seen in some rural pockets is driven by farm loan waivers and not likely due to real increases in rural incomes and wages, indicative that the economy is still some time away from a full-blown rural revival, says a report. Noting that rural demand has been […]
Wish Amartya Sen spends some time in India to see structural reforms: Niti Aayog VC
New Delhi, Jul 15: Days after Amartya Sen lamented that India has taken a quantum jump backwards since 2014, Niti Aayog Vice Chairman Rajiv Kumar today said the Nobel laureate should spend some time in the country to see the structural reforms undertaken by the Modi government. “I wish Professor Amartya Sen would spend some […]
58% of engineering students didn’t get jobs during campus placements this year
New Delhi, Jul 14: Campus placements for engineering students crossed the 40% mark (and hit 42%) for the first time in five years in 2017-18 on the back of more hiring by companies coupled with the closure of engineering colleges and lower enrolments. While it is alarming that 58% of engineering studentsacross the country were […]
639 farmers ended lives in Maharashtra in three months, says State govt
Mumbai, Jul 14: : Chief Minister Devendra Fadnavis, while replying to a calling attention motion moved by NCP MLC Vidya Chavan, asserted that appropriate action will be taken to recover mortgaged lands of farmers from lenders Chief Minister Devendra Fadnavis, while replying to a calling attention motion moved by NCP MLC Vidya Chavan, asserted that […]
Visitor to Delhi’s National Museum walks away with exhibit because he ‘liked’ it
New Delhi, Jul 14: A 53-year-old man has been arrested from Gurugram for allegedly stealing a replica of the ancient ‘Olduvai Handaxe’ from the National Museum at Janpath, Delhi police said on Saturday. Deputy commissioner of police (New Delhi) Madhur Verma said Uday Ratra was arrested from his Gurugram residence by a South Avenue police […]
Mukesh Ambani overtakes Alibaba’s Jack Ma to become Asia’s richest person
Mumbai, Jul 14: Mukesh Ambani overtook Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries Ltd. to disrupt the e-commerce space in India. The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth $44.3 billion on Friday with Reliance Industries Ltd. rising 1.6 percent to a record […]
Bank, LIC,GIC unions to protest against govt policies tomorrow
Mumbai, Jul 13: Employee unions of banks and state-run insurance companies will stage a sit-in at Azad Maiden in the city tomorrow to protest against privatization of banks, allowing foreign direct investment (FDI) in the insurance sector and to expedite wage revision. The protest is called by the Co-ordination Committee of Bank, Insurance and Financial […]
India poised to pip Britain to become 5th largest economy next year: Jaitley
New Delhi, Jul 13 : Union Minister Arun Jaitley today exuded confidence that India will pip Great Britain to become the fifth largest economy in the world next year if economic expansion continues at the projected rate. However, rising international crude oil prices and the global trade war would throw up challenges going forward, he […]
