Tag: india politics
ONGC Hopes To Recover Over $500 Million Dividend As Sanctions On Venezuela Eased
India’s Oil and Natural Gas Corp hopes to recover over $500 million in dividends pending since 2014 for its stake in Venezuelan projects as sanctions on the nation were eased, a source said on Thursday. The source declined to be named due to sensitivity o...
NITI Aayog To Develop Action Plan To Bridge Trade Deficit With China
NEW DELHI: Government think tank NITI Aayog has initiated a study to develop a comprehensive action plan to bridge India’s trade deficit with China over time and align trading strategies with emerging geopolitical situation and potential risks to safeguar...
Mandatory Imported-Coal Blending Extended Till FY24-End
NEW DELHI: The government on Wednesday extended mandatory blending of imported coal with domestic fuel for power gencos till the end of the current financial year, in an attempt to ensure uninterrupted power supply across the country. It also extended the...
US Withdraws Proposal On Digital Trade At WTO
NEW DELHI: In a leg-up for India’s consistent stand against global rules on e-commerce, the US has decided to withdraw its proposal on digital trade at the WTO to retain the policy space for regulating big-tech firms. The US proposal on e-commerce rules,...
Govt Takes A Hard Look At Divestment Calendar
NEW DELHI: The finance ministry is reviewing its disinvestment schedule following the recent stock market selloff amid high volatility triggered by global factors, said people aware of the details. The ministry is likely to adopt a “prudent selloff” appro...
Officials’ Meet Shape Agenda For Abu Dhabi WTO Ministerial
NEW DELHI: A two-day meeting of senior officials of the World Trade Organisation (WTO) member countries which concluded in Geneva last Tuesday shaped agenda for the coming ministerial meeting of the world body, by narrowing down the differences over the k...
TCS Gets Notice From Maha Labour Ministry Over Lateral Onboarding Delay
MUMBAI: India’s largest information technology (IT) services company, Tata Consultancy Services (TCS), has received a notice from the Maharashtra government’s Ministry of Labour & Employment regarding the company’s delay in onboarding lateral recruits...
Ethics panel meet today on Mahua bribery case
The Ethics Committee of Lok Sabha is set to convene its first meeting today to address the “cash for query” accusation, involving TMC MP Mahua Moitra. The complainant, BJP parliamentarian Nishikant Dubey, along with advocate Jai Anant Dehadrai, are schedu...
Renault Lines Up € 3 Billion Investment, 8 New Models To Expand Global Reach
CHENNAI: French automotive major Renault announced on Wednesday that it has lined up an investment of approximately €3 billion ($3.2 billion) for expansion, as part of its International Game Plan for 2027. This initiative encompasses regions beyond Europe...
ED raids Rajasthan Cong chief’s premises in paper leak case
Enforcement Directorate (ED) is carrying out searches at 11 locations in Rajasthan, including official residence of state Congress chief Govind Singh Dotasra in Jaipur along with a few other places linked to him. The ED has also reportedly raided the prem...
Priyanka offers Rs 10,000 for Rajasthan women family heads
Congress leader Priyanka Gandhi Vadra slammed the BJP-led Centre on Wednesday over its “hollow” welfare schemes while addressing a rally where her party promised an annual honorarium of Rs 10,000 to the women heads of families in Rajasthan. At a public ra...
BJP says Cong backing Hamas, Khalistan for votes
The BJP on Wednesday alleged that the Congress is indulging in “appeasement” politics for votes ahead of state assembly polls as the grand old party and its leaders have come out in “support” of Hamas and Khalistan. BJP national spokesperson Sambit Patra...
India’s Power Demand For ACs To Exceed Total Consumption Of Africa: IEA
NEW DELHI: India’s demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday. In its l...
Banks Tap Business, Rework Plan To Raise Low-Cost Deposits
NEW DELHI: The Centre’s “just-in-time” mechanism to release money for government agencies, including at the state level, has forced banks to rework their fund-raising strategy as they have lost out on low-cost current and savings account float.Worst hit a...
Govt Eyes Regulatory Sandbox For OTT Communication Apps
NEW DELHI: The government is likely to provide the option of a regulatory sandbox for existing and new over-the-top (OTT) communication apps to test features in a “live but safe environment” before they are allowed to be released for all users. According...
