Posts in category

Finance


Congress claims 'fresh proof' of the alleged scam in Rafale deal, says it's a precursor to 'massive storm'

The Congress on Friday stated Prime Minister Narendra Modi‘s silence on what it claimed is fresh proof of irregularities in the Rafale deal is a precursor to a “massive storm” the government is about to face. Congress leader Pawan Khera said Modi cannot leave his political and constitutional responsibility and accountability in the “biggest defence scam” of India and for the …

PM Modi pays heartfelt tribute to Indian soldiers on the 100th anniversary of WWI, reaffirms commitment to world peace

Prime Minister Narendra Modi’s interaction today with beneficiaries of the “Ujjwala Yojana”, a government scheme to provide cooking gas cylinders to the poor, had some lighter moments. PM Modi “snagged” an invite to the home of a Tamil Nadu woman for idlis and dosas and also laughed when a woman in Odisha shared that she …

Smart cities, IT to feature in Modi’s talks with East Asia Summit partners

Introducing the Micro, Small and Medium Enterprises (MSME) Support and Outreach programme, Prime Minister Narendra Modi Friday announced the 12 historic decisions including 59-minute loan portal for sanction of up to Rs 1 crore for small and medium enterprises. He said the move will boost small and medium enterprises. “12 major decisions taken by the Central government for MSMEs …

VP praises Nehru for the vision to make India scientifically advanced nation

Vice President M Venkaiah Naidu praised Jawaharlal Nehru for his vision of a people-centric governance and initiatives to create India a scientifically advanced nation. Addressing the civil servants attending the 93rd Foundation Course, here on Wednesday, the Vice President also recalled how Sardar Patel foresaw the necessity of a competent civil service for the unity …

Exports bounce back, grow 17.86% to $26.9 b in October

India’s goods export throwback in October posting a 17.86 percent year-on-year growth to $26.98 billion boosted by an increase in shipments of petroleum products, chemicals, pharmaceuticals, and engineering goods. Imports in the month increased from 17.62 percent to $44.11 billion widening the trade deficit to $17.13 billion compared to $14.61 billion last October, according to …

Uber India to launch fuel price index to boost drivers’ income

Leading cab aggregator Uber India said that it will be rolling out a national fuel price index to correlate the drivers’ earnings with altered in the fuel prices. The new incentive will be first launched in Mumbai. The drivers of popular cab aggregators Ola and Uber went on a 12-day strike in October due to …

Center is eyeing RBI reserves to fund ‘electoral lollipops’. Krishnan

The Congress alleged the Centre is planning to “loot” the RBI’s reserve as the elections are coming. Terming the move as “demonetization phase-2” the Opposition party regulated the Narendra Modi government is coercing the RBI to pay a special dividend of ₹3.6 lakh crore, equal to nearly 40 percent of the reserves accumulated over decades. …

Real estate sales to go up by 9-12% this festive season

The real estate sales anticipated going up by 9-12 percent in Q4, 2018 (Festive season quarter) as against Q3, 2018. “However, the ongoing liquidity crisis in Indian real estate could, to some extent, play spoilsport for developers this festive season,” proposed Anuj Puri, Chairman – Antirock Property Consultants. According to Puri, it is still too …

Rafale deal Centre says procurement procedure ‘completely followed’

The Defence Procurement Procedure was “completely followed” in the procurement of 36 Rafale fighter jets from France and the deal was apparently approved by the Cabinet Committee on Security (CCS), the Centre informed the Supreme Court on Monday. The Centre’s stand was reflected in a document given to the court, which had asked the government …

National Programme for Education of Girls at Elementary Level (NPEGEL), Government of India

Description There exists a significant gender space in enrolment at the elementary level, which is more acute for scheduled caste and scheduled tribe girls, for whom the gender gap is almost 30% at the primary level and 26% at the upper primary stage. The lower of this gender gap has now plateaued and the further …

Nearly 260 Scientists Apply For Government Scheme For Foreign Research And Development Talent

The Centre’s ambitious scheme to attract top international talent in the country’s research and development ecosystem has collected an enthusiastic response with nearly 260 global scientists filing applications, of whom 70 would be shortlisted, a senior official said. Department of Science and Technology Secretary Ashutosh Sharma said the screening of the applicants will start this …

New Government Scheme Okayed To Provide Cash During Job Lossdf

Taking cognizance of lack of long-term jobs, the Ministry of Labour and Employment on Wednesday said it has rolled out a scheme to financially help those who lost their jobs even as it relaxed norms for its other benefits. The Employees’ State Insurance Corporation (ESIC), in its 175th meeting on Tuesday here, approved ‘Atal BimitVyakti …