(PTI) Banking services were impacted on Wednesday as employees went on a nationwide strike called by 10 central trade unions to protest against the government’s “anti-people” policies. Branch activities including cash withdrawal deposit in public sector banks in many places across the country have been affected due to the strike. Most of the lenders had informed their customers in advance about the strike call given by All India Bank Employees Association (AIBEA), All India Bank Officers’ Association (AIBOA), BEFI, INBEF, INBOC and Bank Karmachari Sena Mahasangh (BKSM), and its impact on banking services. Bank employees have extended support to the nationwide…
Author: Aruna Sharma
(HT) The government has signalled to at least two of its blue chip firms — Indian Oil Corporation (IOC) and Oil and Natural Gas Corporation (ONGC) — to be ready to participate in the strategic disinvestment of Bharat Petroleum Corporation Ltd (BPCL), two officials aware of the developments said. In the 2019-20 financial year, the government, which has been facing a slowdown in growth for six straight quarters, has so far mopped up just ₹17,364.26 crore through disinvestment. In the July 2019 budget, the Centre set a disinvestment target of ₹1.05 lakh crore. The participation of IOC and ONGC would…
(LiveMint) Prime Minister Narendra Modi on Monday expressed confidence that the coming decade will be of Indian entrepreneurs and said that the goal of a $ 5 trillion economy was a step to realise larger dreams. “As we enter the new decade, I would like to say that the decade would be of Indian entrepreneurs. The dream to make India a $5 trillion economy is just a step. We have bigger dreams and larger hopes,” Modi said at an event here. He said Indian entrepreneurs have the capacity to take risks, willingness to expand their businesses into new sectors and have…
(ET) NTPC has outbid the Adani Group for the Avantha Group’s 600 MW Jhabua power plant in Madhya Pradesh, with a Rs 1,900-crore offer that was two and-a-half times more than the rival bid, people in the know said. State-run NTPC’s offer is also the highest on a per-megawatt basis so far to buy out a stressed asset in the power sector. The thermal power producer undergoing bankruptcy proceedings owes more than Rs 5,000 crore to lenders, who could recover 38 per cent of their loans if they accept the NTPC offer.
(ET) Giving a major impetus to electric vehicle (EV) mobility the government has approved installation of 2,600 EV charging stations in 62 cities under FAME II. Tamil Nadu will get 256 such charging stations while the union territory of Puducherry will get 10. Maharashtra tops the number of charging points with 317 followed by Andhra Pradesh with 266. Gujarat, Rajasthan, and Uttar Pradesh will get 228, 205, and 207 EV charging stations respectively. The union territories of Delhi and Chandigarh are expected to get 72 and 70 charging stations while Uttarakhand and Himachal Pradesh will get 10 each. The newly minted union territory of…
(ET) Home minister Amit Shah will head a group of ministers to discuss the proposed National Tariff Policy that is being awaited as a major reform by the stressed power sector but being opposed by state governments and discoms due to clauses like penalties for load shedding.The inter-ministerial group will have 10 ministers, including eight in cabinet rank and two with independent charge, people familiar with the development said. Defence minister Rajnath Singh, finance minister Nirmala Sitharaman, road and transport minister Nitin Gadkari, coal and mines minister Pralhad Joshi, women and child development minister Smriti Irani, agriculture minister Narendra Singh…
(AU) मौसम विभाग ने आज (सोमवार) दून में बारिश के साथ ओले व मसूरी और चकराता में भारी बर्फबारी का अलर्ट जारी किया है। ऊंचाई वाले इलाकों में बर्फबारी में स्थानीय लोगों और पर्यटकों को किसी तरह की दिक्कत न हो इसके लिए जिला प्रशासन ने सभी विभागों को सतर्क कर दिया है। वहीं सोमवार को राजधानी देहरादून में बादल छाए रहे। जिससे कड़ाके की ठंड पड़ रही है। इसके बाद दून में बूंबाबांदी शुरू हो गई। वहीं शनिवार के हुई बर्फबारी के बाद अब मसूरी में खून जमाने वाली ठंड पड़ रही है। कुमाऊं में आज काशीपुर, रामनगर में धूप खिली…
(AU) नागरिकता संशोधन अधिनियम के तहत अफगानिस्तान, पाकिस्तान और बांग्लादेश से आए प्रवासियों को चिह्नित करने की कवायद शुरू हो गई है। उत्तर प्रदेश पहला राज्य है जिसने प्रवासियों को नागरिकता देने की दिशा में कार्रवाई शुरू किया है। प्रदेश सरकार ने सभी जिलाधिकारियों को ऐसे प्रवासियों को चिह्नित कर उनकी सूची तैयार करने को कहा है। इस कवायद के तहत उनकी भी पहचान होगी राज्य में अवैध रूप से रह रहे हैं। प्रदेश के अपर मुख्य सचिव गृह अवनीश कुमार अवस्थी ने बताया कि सभी जिलों के जिला मजिस्ट्रेट को यह निर्देश दिए गए हैं कि वह उन प्रवासियों की…
(LiveMint) Oil extended its dramatic price surge from Friday as the fallout between the U.S. and Iran escalated after the assassination of one of the Islamic Republic’s most powerful generals. Futures are up about 6% since Friday, trading above $70 a barrel in London, as the U.S. State Department said there’s “heightened risk” of missile attacks near military bases and energy facilities in Saudi Arabia. Iran said on Sunday it no longer considers itself bound by the 2015 nuclear deal negotiated with the U.S. and other world powers in the fallout from the killing of General Qassem Soleimani. Oil’s rising after…
(ET) With an aim to tackle the problem of stubble burning, the Indian Oil Corporation Ltd (IOCL) is going to set up India’s first ethanol plant at Panipat, which will convert paddy straw into ethanol, a renewable fuel, said an official. An MoU has been signed between the Haryana government and IOCL for the project, which will, in addition to alleviating the ill effects of stubble burning on the environment, also add to the income of farmers in the region. After harvesting the paddy with Combine harvester, bundles will be made of the straw with baler machines. As many as 30 collection…