National Highways Logistics Management Ltd (NHLML), a 100% owned company of NHAI signed an agreement for the development of Multi Modal Logistics Park (MMLP) at Bengaluru proposed to be developed under the Public Private Partnership (DBFOT) model at an estimated cost of Rs 1,770 crore, the agreement has been signed between Government SPV, Bengaluru MMLP Pvt. Ltd. & Concessionaire SPV M/s. PATH Bengaluru Logistics Park Pvt. Ltd. The MMLP is being developed in an area of 400 acre at Muddelinganahalli in Bengaluru rural district in Karnataka. The project is poised to become the first and largest MMLP ever implemented in…
Author: Aruna Sharma
Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has signed a significant Memorandum of Understanding (MoU) with Bank of Maharashtra (BoM) today, September 18, 2023. This collaboration aims to promote and facilitate co-lending and loan syndication for a diverse spectrum of Renewable Energy projects across the nation. The MoU comprises several services including co-lending and co-origination support for all Renewable Energy projects, facilitating loan syndication and underwriting, management of Trust & Retention Account for IREDA borrowers, and a commitment to establishing stable…
The Ministry of Finance today approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees. The welfare measures are related to the amendments to LIC (Agents) Regulations, 2017, Enhancement of Gratuity Limit, and Uniform Rate of Family Pension among others. The following welfare measures w.r.t. LIC agents and employees were approved: Enhancement of the gratuity limit from Rs 3 lakh to Rs 5 lakh for LIC agents. It will bring substantial improvements to the working condition and benefits of LIC agents. Enabling reappointed agents to be eligible for renewal commission, thereby…
There was a long felt need of an office for all the aviation regulatory authorities to be under one roof and in close vicinity of Ministry of Civil Aviation (MoCA) for better coordination. This critical requirement was addressed today with the inauguration of‘Udaan Bhawan,’ an Integrated Office Complex at Delhi’s Safdarjung Airport which was inaugurated by Shri Jyotiraditya M. Scindia, Union Minister of Civil Aviation and Steel, in the august presence of General (Dr.) Vijay Kumar Singh (Retd.), Union Minister of State for Road Transport & Highways & Civil Aviation and Shri Vumlunmang Vualnam, Secretary, MoCA. Directorate General of Civil…
The Prime Minister, Shri Narendra Modi addressed the Special Session of Parliament in Lok Sabha today. The Special Session is taking place from the 18th to the 22nd of September 2023. Addressing the House, the Prime Minister remarked that today is an occasion to recollect and reminisce the parliamentary journey of 75 years of India before the proceedings are shifted to the newly inaugurated building. Speaking about the Old Parliament Building, the Prime Minister mentioned that the building served as the Imperial Legislative Council before India’s independence and was recognised as the Parliament of India post-independence. He pointed out that…
The Vice-President of India and Chairman, Rajya Sabha, Shri Jagdeep Dhankhar today congratulated the nation for successfully conducting the G20 Leaders’ Summit in New Delhi. Lauding the outcomes of the Summit as ‘transformational’, he expressed his conviction that these outcomes would help in reshaping of the global order in the decades to come. Addressing the House at the commencement of the 261st session of the Rajya Sabha, the Vice-President stressed that India’s presidency of G20 had elevated the nation’s stature on the global stage. Noting that this presidency had been ‘inclusive, ambitious and people-centric’, he expressed his appreciation for the vision…
(FE) Reliance Industries’ subsidiary Jio Financial Services will enter three FTSE Russell indices: FTSE All-World Comprehensive Factor Index, FTSE Emerging Comprehensive Factor Index and FTSE All-World ex CW Balanced Factor Index. The demerged entity will be included in the indices 20 July onwards. However, Jio Financial Services will remain at a static price on FTSE indices, since the date of listing on exchanges has not been announced yet, following its demerger from Reliance Industries. “[Jio Financial Services] will remain in the index at a static estimated price until its trading commences on the exchange. If the trading day remains unknown…
(AU) भाजपा के राष्ट्रीय अध्यक्ष जगत प्रकाश नड्डा ने शुक्रवार को कुल्लू और मंडी जिले में बाढ़ प्रभावित क्षेत्र का दौरा किया। इस दौरान उन्होंने अधिकारियों से राहत कार्यो को लेकर फीडबैक ली। एनएचएआई शिमला क्षेत्रीय अधिकारी अब्दुल बासित और एनएचएआई परियोजना निदेशक मंडी वरूण चारी ने बाढ़ के कारण मंडी-कुल्लू नेशनल हाईवे को हुए नुकसान की स्थिति के बारे में भाजपा राष्ट्रीय अध्यक्ष जेपी नड्डा को पूरी जानकारी दी। वरुण चारी ने कहा कि 4 मील के पास मंडी-कुल्लू नेशनल हाईवे को बहाल करने में समय लग रहा है, लेकिन इसे जल्द बहाल करने के लिए कार्य प्रगति पर…
(PTI) Union Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Dr Shaktikanta Das will jointly chair a meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) to be held on July 17-18 in Gandhinagar where 66 delegations will be in attendance, officials said on Thursday. The meeting, where a range of issues related to global economy and international financial architecture will come up for discussion, will be preceded by a conclave of G20 Finance and Central Bank Deputies (FCBDs) in the Gujarat capital from July 14 to 15. These meetings are being held under India’s presidency…
(PTI) The Chandrayaan-3 mission will carry the hopes and dreams of our nation, Prime Minister Narendra Modi said on Friday, lauding Indian scientists hours before the launch of India’s third lunar mission. Till Chandrayaan-1, the moon was believed to be a bone-dry, geologically inactive and uninhabitable celestial body while it is now seen as a dynamic and geologically active body with the presence of water and sub-surface ice, he said on Twitter. Maybe in the future, it can be potentially inhabited, the prime minister added. Modi tweeted, “14th July 2023 will always be etched in golden letters as…