BS The production-linked incentive (PLI) schemes for 14 sectors have attracted over Rs 95,000 crore in investment till September this year, an official statement said on Tuesday. According to the Commerce and Industry Ministry, as many as 746 applications have been approved till November 2023 under these schemes. In the Union Budget 2021-22, the government announced an outlay of Rs 1.97 trillion for the schemes. The sectors included electronics, telecommunication, pharma, white goods (AC and LED light components), and textiles. The aim is to enhance India’s manufacturing capabilities and exports. “746 applications have been approved till November 2023. PLI units are established…
Author: Amit Bhanot
MC Adani Green Energy (AGEL) on December 26 said its board of directors have approved a preferential issuance of warrants to the promoters for a quantum of Rs 9,350 crore, at a per share price of Rs 1,480.75. The funds shall be utilised for deleveraging and accelerated capital expenditure, the company said. It added that AGEL is now fully equipped to achieve its stated target of 45 GW by 2030, with 20.6 GW locked in capacity, secured land of over 2,00,000 acres (equivalent to over 40 GW of additional capacity) in resource rich areas of India, and additional equity infusion of Rs…
BS State-owned NBCC on Tuesday announced sales of 5,000 units for Rs 2,900 crore across several residential projects of erstwhile Amrapali Group. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of Amrapali through NBCC (India) Ltd. “In a step towards the resolution of the stuck Amrapali project, NBCC has completed the sale of 5,000 flats having a value of around Rs 2,900 crore. This is a significant step towards delivering relief to the thousands of purchasers who have been waiting for years for their apartments,” the…
PTI BJP president J P Nadda has removed West Bengal leader Anupam Hazra from the post of the party’s national secretary. A former Lok Sabha MP, Hazra has been critical of the party’s functioning in the state for some time. The BJP’s decision came on Tuesday, coinciding with Nadda and Home Minister Amit Shah’s visit to Kolkata for a host of political programmes. Mr. Hazra’s removal from the post is being seen as a message to dissidents within the party to stick to organisational discipline and toe the leadership’s line.
PTI Two flights of SpiceJet were diverted at the Delhi airport on Wednesday morning due to bad weather, according to an official. The official said the flights were diverted to Jaipur between 0900 and 0915 hours. Several areas in the national capital were engulfed in dense fog on Wednesday morning leading to low visibility and the minimum temperature was recorded at 7.8 degrees celsius. On Tuesday also, flight operations were impacted at the Delhi airport due to dense fog.
DJ तेलंगाना की मुख्य सचिव शांति कुमारी ने घोषणा की है कि उपराष्ट्रपति जगदीप धनखड़ 27 यानी आज वह दिसंबर को हैदराबाद का दौरा करेंगे। एक आधिकारिक बयान के अनुसार, शनिवार को आयोजित एक समन्वय बैठक के दौरान उन्होंने अधिकारियों को माननीय गणमान्य व्यक्ति की यात्रा के लिए फुलप्रूफ व्यवस्था सुनिश्चित करने का निर्देश दिया। एक प्रेस विज्ञप्ति के अनुसार सुरक्षा व्यवस्था को देखते हुए उपराष्ट्रपति के साथ-साथ एक पुलिस बैंड भी मौजूद रहेगा, यह ध्यान में रखते हुए कि यह धनखड़ की शहर की पहली यात्रा है। सीएस ने अधिकारियों से ब्लू बुक के मुताबिक सभी नियमों-यातायात और सुरक्षा का…
PTI The Reserve Bank on Tuesday proposed to introduce a new category of money changers who may conduct business through an agency model by becoming Forex Correspondents (FxCs) of Authorised Dealers. Currently, the Reserve Bank issues licences to authorised dealers — banks authorised to deal in foreign exchange — and full-fledged money changers. Licences are also granted to financial and other institutions to carry out specific foreign exchange transactions related to their business. The framework for licensing of Authorised Persons (APs) under FEMA, 1999 was last reviewed in March 2006.
The Hindu Striking a nostalgic note on India-Russia ties, External Affairs Minister S. Jaishankar shared memories of a visit to Moscow during his childhood, at the beginning of his five-day visit to Moscow and St. Petersburg on Monday for bilateral talks with Russian Foreign Minister Sergey Lavrov and Trade Minister Denis Manturov. Shortly after landing in Moscow, Mr. Jaishankar visited the Kremlin, posting an entry pass in his name from a 1962 commemoration for the first Russian cosmonauts in space at the Red Square, where he visited as a seven-year-old boy, along with a current picture of himself at the Red Square…
MC Delhi Health minister Saurabh Bharadwaj on Monday said that the national capital is seeing three to four Covid cases on average every day and asserted that the city is well equipped to fight the virus resurgence. Sixty-three cases of COVID-19 sub-variant JN.1 had been reported in the country till Sunday, including 34 in Goa, official sources said on Monday. Nine cases have been detected in Maharashtra, eight in Karnataka, six in Kerala, four in Tamil Nadu, and two in Telangana, they added. “There was a meeting with the Centre over COVID-19 situation and we were informed that the cases…
DJ आज मंगलवार तड़के लद्दाख की कांपी धरती। राष्ट्रीय भूकंप विज्ञान केंद्र के मुताबिक, भूकंप सुबह लगभग 4:33 बजे आया। इसका केंद्र सतह से 5 किलोमीटर नीचे रहा। गौरतवब है कि आज देर रात जम्मू में भी भूकंप के झटके महसू किए गय। मंगलवार तड़के जम्मू और कश्मीर के किश्तवाड़ जिले में रिक्टर पैमाने पर 3.7 तीव्रता का भूकंप आया, नेशनल सेंटर फॉर सीस्मोलॉजी (एनसीएस) ने जानकारी दी। एनसीएस के मुताबिक, भूकंप देर रात करीब 1.10 बजे 5 किमी की गहराई पर आया।