The Prime Minister, Shri Narendra Modi, will address the inaugural session of Advantage Assam – Global Investors Summit 2018, in Guwahati today. The two-day Summit will be the largest ever investment promotion and facilitation initiative by the Government of Assam. The Summit aims at highlighting the geo-strategic advantages offered to investors by Assam. The event shall showcase the manufacturing prowess and the opportunities offered by the State in terms of export-oriented manufacturing and services to growing economies in South and South-East Asia. The Summit will highlight investment opportunities in the State, focusing on: Power, Agriculture & Food Processing, IT &…
Author: khabarindia
(PTI) The Ministry of Railways is having a rethink on flexi-fares and bringing in a dynamic pricing system that will help increase occupancy and enhance revenues, Railway Minister Piyush Goyal said today. Replying to questions in the Rajya Sabha, he also said his ministry was planning a major overhaul of the obsolete signalling system currently being used and to introduce latest technology. During the Question Hour, some members raised questions about the flexi-fares, with BJP member Ram Vichar Netam saying there were times when the prices rose to a quite high level. In response, Goyal said a committee has submitted a report…
(PTI) The government expects to complete the privatisation of Air India by year-end and the winning bidder is likely to be known by the end of June, Union minister Jayant Sinha said today. The debt-laden carrier, which is staying afloat on taxpayers’ money, would be put up for sale as “four different entities”, while private players can have at least 51 per cent stake in the airline. The Minister of State for Civil Aviation said the information memorandum for the proposed strategic disinvestment of Air India would be issued in the next few weeks. The memorandum would lay out details about various…
(PTI) Benchmark Sensex plummeted 840 points on Friday — its biggest single-day fall in two-and-a-half years — while the NSE Nifty ended below the 10,800-mark as the post-Budget sell-off continued for the second straight day. The Budget 2018-19 presented on Thursday imposed long- term capital gains tax of 10 per cent on equities. Investors will also have to pay 10 per cent tax on distributed income from equity-oriented mutual funds. Market mood suffered another setback after Fitch Ratings on Friday said high debt burden of the government constrains India’s rating upgrade. The flagship Sensex crashed 839.91 points, or 2.34 per cent to…
(PTI) The CBI today filed a petition in the Supreme Court challenging a 2005 order of the Delhi High Court quashing all charges against accused persons in the politically-sensitive Bofors pay-off case. The filing of the appeal assumes significance as Attorney General K K Venugopal had recently advised the agency against moving a petition against the high court verdict after a delay of 12 years. Sources, however, said that after consultations, law officers were in favour of the appeal as the CBI came out with “some important documents and evidence” to challenge the high court order. The agency swung into action after…
(FE) Prime Minister Narendra Modi will be visiting three countries in the West Asia and Gulf region including Palestine, the United Arab Emirates (UAE) and Oman from 9 to 12 February, the Indian foreign ministry announced on Saturday. Modi’s visit to Palestine is his first since taking office in 2014. And it’s a standalone visit to Ramallah that comes after a similar visit to Israel last year— the first ever by an Indian prime minister in seven decades. The visit to Palestine also comes after Modi hosted Israeli Prime Minister Benjamin Netanyahu on six day visit to India between 14-19…
(AU) मुख्यमंत्री जयराम ठाकुर ने केंद्रीय गृह मंत्री राजनाथ सिंह से मुलाकात की। इस दौरान सीएम ने केंद्रीय मंत्री से हिमाचल में एनडीआरएफ (नेशनल डिजास्टर रिस्पांस फोर्स) बटालियन तैनात करने की मांग रखी। मुख्यमंत्री ने कहा कि हिमाचल में प्राकृतिक आपदाओं की आशंका बनी रहती है। ऐसे में एनडीआरएफ की एक बटालियन तैनात होने से राहत एवं बचाव कार्य में तेजी लाई जा सकती है। उन्होंने पुलिस के आधुनिकीकरण के लिए केंद्र से विशेष पैकेज की मांग के साथ सीमांत क्षेत्रों में तैनात होने वाली एसपीओ का मानदेय तीन हजार से बढ़ाने के लिए भी मदद मांगी।
(FE) PM Narendra Modi is all set to address the 40th edition of Mann Ki Baat today. PM Modi will be sharing his thoughts with the nation in the radio show which will be aired at 11 am. This will be the 40th edition of the Mann Ki Baat programme, this will be broadcast on All India Radio (AIR), Doordarshan and also on the Narendra Modi mobile application. In his 39th edition of ‘Mann ki Baat’ Prime Minister Modi had said, “A cleanliness survey will be conducted from January 4 to March 10, 2018, to evaluate achievements in the cleanliness level in…
(FE) Finance minister Arun Jaitley on Saturday urged the customs department to make cross-border trade easier in an effort to improve the country’s standing in the World Bank’s ease of doing business ranking. Additionally, he said the goods and services tax (GST) had stabilised in a very short time, which provided an opportunity to cut indirect tax rates further. In the past three years, India’s position on World Bank’s ease of doing business ranking improved to 100 from 142, Jaitley said. He added that the customs department could help improve upon the overall rankings to within 50 by aligning processes involved in…