Author: Amit Bhanot

PTI Uttar Pradesh Chief Minister Yogi Adityanath on Friday said no one can stop women from reaching the state assemblies and Parliament now. He said this while discussing the Nari Shakti Vandan Act during an address after launching the “Shakti Vandan Abhiyan” organised by the Bharatiya Janata Party (BJP) at the Indira Gandhi Pratishthan here. “The Nari Shakti Vandan Act (Women’s Reservation Act) will be implemented across the state,” Adityanath said. Under the Nari Shakti Vandan Act, there is a provision for 33 per cent reservation for women in the Lok Sabha and state assemblies. Adityanath said “after this Act,…

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FE In an attempt to bring relief to about 10 million taxpayers, outstanding direct tax demands up to Rs 25,000 for the period till FY10 and up to Rs 10,000 for the period between FY11 and FY15 have been withdrawn. This may provide a relief of around Rs 3,400 crore to the taxpayers, as per estimates. “There are a large number of petty, non-verified, non-reconciled or disputed direct tax demands, many of them dating as far back as the year 1962, which continue to remain on the books, causing anxiety to honest taxpayers and hindering refunds of subsequent years,” finance minister Nirmala…

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PTI The economic success of India is grounded in the pursuit of reforms over the last years, Managing Director of International Monetary Fund (IMF) Kristalina Georgieva said Thursday exuding confidence that it would achieve its goal of being a developed nation by 2047 by staying the course. “India has been a bright spot in the world economy, and it continues to be so. We are upgrading projections for Indian growth to 6.5 per cent in 2024. This comes on the back of fairly strong performance in 2023. The success of India is grounded in the pursuit of reforms over the…

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The Hindu Whilst maintaining the status quo with respect to direct and indirect taxes, Finance Minister Nirmala Sitharaman in her maiden interim budget presentation proposed to withdraw small, non-reconciled and disputed direct tax demands. This implies tax demands of up to ₹25,000 pertaining to the period up to FY 2009-10, and up to ₹10,000 for FY 2011 to 2015 — would be withdrawn. Ms Sitharaman held that that the moves were part of the treasury’s intent to improve ‘ease of living and doing business’. This turned out to be the major policy announcement on February 1 as Ms. Sitharaman maintained the status quo for…

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The Hindu Delhi Chief Minister Arvind Kejriwal will not appear before the Enforcement Directorate (ED) on Friday, February 2, 2024, for questioning in an alleged money laundering case linked to the now-scrapped Delhi excise policy, according to the AAP. The ED on Wednesday had issued a fresh and the fifth summons to Mr. Kejriwal after he skipped four earlier summons over the last four months. Mr. Kejriwal will not appear before the agency for questioning, the Aam Aadmi Party (AAP) said.Terming the summons “illegal”, the party said the ED is repeatedly sending notices to Mr.Kejriwal to arrest him. The AAP also alleged that the…

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Indian Renewable Energy Development Agency (IREDA), Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has unveiled released ‘Pahal’- the insightful house journal of its Vigilance Department. The journal has been unveiled by Chairman & Managing Director of IREDA, Shri Pradip Kumar Das on January 25, 2024. The ceremony took place at the registered office of IREDA in New Delhi, where Chief Vigilance Officer Shri Ajay Kumar Sahani and other senior officials graced the occasion. The initiative marks a significant step towards transparency, accountability, and the promotion of renewable energy initiatives by IREDA. During the…

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Shri Dharmendra Pradhan, Union Minister for Education and Skill Development & Entrepreneurship, interacted with over 100 entrepreneurs who have been trained under various skill development institutions like the National Institute of Entrepreneurship and Small Business Development (NIESBUD), Indian Institute of Entrepreneurship (IIE), and Skill India’s flagship scheme — Pradhan Mantri Kaushal Vikas Yojana (PMKVY). These schemes are aligned with the vision of the Prime Minister, Shri Narendra Modi, to make India a nation of job creators. While interacting with these entrepreneurs Shri Pradhan said that this was the first time that entrepreneurs from the skill ecosystem are accorded the honour…

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BS The government has halved the amount of equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects, the finance ministry has said. Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) announced equity infusion of Rs 30,000 crore in Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) to support the three state-owned firms’ energy transition plans. Alongside, she had also proposed Rs 5,000 crore for buying crude oil to fill…

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Free Press Journal Minister of Petroleum and Natural Gas and Housing and Urban Affairs Hardeep Singh Puri today inaugurated ONGC’s state-of-the-art digital Corporate Visualization Center ‘ONGC DARPAN’, in New Delhi. This first-of-its-kind digital hub in India will enable monitoring of ONGC’s oil and gas wells and drilling units (including offshore) centrally on real-time basis. The state of the art monitoring will help in reducing human intervention and downtime, optimizing operations, and facilitating predictive maintenance. The inauguration was attended by Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas, Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade…

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PTI French President Emmanuel Macron’s visit here as the chief guest for the Republic Day celebrations is likely to give a fillip to the ongoing talks for a comprehensive trade agreement between India and EU, economic think tank GTRI said on Wednesday. France is a key member of the 27-nation bloc European Union (EU). In June 2022, India and the EU restarted the negotiations for the long-pending trade and investment agreement, after a gap of over eight years.The negotiations for the ambitious free-trade agreement (FTA) were suspended in 2013 after several rounds of talks spanning six years. The Global Trade…

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