(FE) Following a long campaign for the Uttar Pradesh state assembly elections, Prime Minister Narendra Modi returned to Gujarat for a two-day trip. The Prime Minister, who was also the former Chief Minister of the state is inaugurating the 1.4 extra dose cable bridge on the Ahmedabad-Mumbai National Highway today. Earlier, PM Modi had gone on social networking site Twitter and said that he would dedicate the Four-Lane Extradosed bridge over the Narmada at Bharuch on the National Highway 8, and Petrochemicals Complex of OPAL at Dahej to the nation. The 1.4 km bridge is reported to be the longest…
Author: Aruna Sharma
(FE) The government is looking to raise close to Rs 9,000 crore by selling 10% equity stake each in the state-run companies Bharat Heavy Electricals Ltd and Oil India Ltd as part of its plan to raise funds from its equity stakes in 16 PSUs to meet its ambitious disinvestment target for the next financial year 2017-18, CNBC TV18 reported on Tuesday citing a wire report, which quoted an unidentified government official. The government could either sell the shares in the open markets, or might ask the companies to buy back the shares themselves, the news report said. While 10%…
(AU) सुप्रीम कोर्ट ने इस बात का परीक्षण करने का निर्णय लिया है कि क्या केंद्र सरकार और आरबीआई 500 और 1000 रुपये के पुराने नोटों के बदलने की समय सीमा घटा सकता है जबकि प्रधानमंत्री ने राष्ट्र के नाम अपने संबोधन में कहा था कि पुराने नोट 31 मार्च, 2017 तक बदले जा सकते हैं। नियम में बदलाव करने के खिलाफ दाखिल तीन याचिकाओं पर सुप्रीम कोर्ट ने केंद्र सरकार और आरबीआई को नोटिस जारी किया है।चीफ जस्टिस जेएस खेहर की अध्यक्षता वाली तीन सदस्यीय पीठ ने इस मामले का परीक्षण करने का निर्णय लेते हुए केंद्र और आरबीआई…
(PTI) The benchmark BSE Sensex rose about 50 points in early trade today on sustained buying by funds and retail investors amid mixed global cues.Rising for the second straight session, the BSE 30-share barometer surged 49.98 points, or 0.17 per cent, to 29,098.17.The gauge had rallied 215.74 points in the previous session. Sectoral indices, led by power, oil & gas, consumer durables, PSU, FMCG, capital goods, auto and banking, were in the green, gaining by up to 0.69 per cent.Shares of Adani Power surged 5.58 per cent to Rs 40.70, while Reliance Power was quoting 3.63 per cent higher at…
(AU) यूपी के सीएम अखिलेश यादव ने लखनऊ के सपा कार्यालय में प्रेस कांफ्रेंस करते हुए भाजपा व बसपा पर निशाना साधा। उन्होंने कहा कि जनता ने हमें चुनाव में पूरा सहयोग किया है। इस बार फिर से यूपी में सपा की सरकार बनने जा रही है।उन्होंने कहा कि भाजपा के लोग हमारे काम से परेशान हैं। इसलिए प्रधानमंत्री को वाराणसी में दो रोड शो करने पड़े।उन्होंने तंज कसते हुए कहा कि जो लो फेल होते हैं। वहीं दोबारा परीक्षा देते हैं। उन्होंने कहा कि जनता ने हमें हमारे रोड शो में जबरदस्त समर्थन दिया है। यूपी में सपा की…
A high level delegation led by Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhanhad organized a promotion event for India’s new Hydrocarbon Exploration and Licensing Policy (HELP) at CERA Week 2017 in Houston, World’s energy capital on 6thMarch 2017. The aim was to encourage active global participation in upcoming investment opportunities in India which has one of the world’s fast growing oil and gas industry. The promotion event was participated by global energy leaders, government dignitaries, policy makers, innovators and industry professionals. During the event, Shri Pradhan spoke about the transformative and proactive policy reforms undertaken…
(FE) Indian government favours creation of integrated companies in the public sector but would ensure that it does not result in monopoly, the visiting Union Minister Dharmendra Pradhan said. “The kind of robust market that is emerging in India… We have segmented companies. Now we want to create integrated companies. Certainly, I can assure one thing that there will be multi entity. We will have mixed basket,” Pradhan told reporters on Monday at a news conference here on the sidelines of the CERAWeek conference. The week-long conference is being attended by top world leaders from the oil and natural gas…
(FE) Oil & Natural Gas Corp is in for a shakedown with the petroleum ministry ordering a detailed review of its board of directors for a possible revamp of the functional heads, following prolonged delays in projects linked to output enhancement.While examining the status of oil and gas production last January, Petroleum Secretary KD Tripathi noted lapses in the development of discovered oilfield Ratna and R-Series, restarting of oil production from Amguri field as well as in conducting two-dimensional seismic surveys to identify new oil and gas reserves. “In this context, Secretary advised Joint Secretary (Exploration) to examine on file…
(FE) The Modi government will unleash the next set of reforms necessary for improving the ease of doing business by pressing for the passage of the twin codes on wages and industrial relations that form the crux of its agenda for reducing labour market rigidities. Official sources told FE that both the codes, which have already undergone legal vetting, would be taken to the Cabniet soon for approval and once it is secured, placed in Parliament, most likely in the second half of the budget session. Among the major proposals are introducing fixed-term employment – which was made applicable in…
(AU) यूपी की अखिलेश सरकार में परिवहन मंत्री गायत्री प्रजापति सूबे की पुलिस के सामने आज सरेंडर कर सकते हैं। मीडिया रिपोर्ट्स के अनुसार गायत्री के सामने आकर सरेंडर करने की खबरें मिल रही हैं। सामूहिक बलात्कार के केस में आरोपी प्रजापति फिलहाल फरार हैं। अमेठी से समाजवादी पार्टी के उम्मीदवार गायत्री प्रजापति के खिलाफ पहले से ही लुकआउट नोटिस जारी किया जा चुका है और उनका पासपोर्ट भी निरस्त्र कर दिया गया है।वहीं एडीजी दलजीत चौधरी ने न्यूज एजेंसी एएनआई को बताया कि गायत्री प्रजापति केस में यूपी एसटीएफ ने नोएडा से दो और लोगों को अरेस्ट किया है।