(ET) BJP president Amit Shah called up Uddhav Thackeray on Friday, amid Shiv Sena’s new-found buoyancy following the nature of the electoral verdict in Maharashtra. A source said that Shah indicated to the Sena chief about his plans to visit Mumbai after Diwali. BJP and Sena did not officially comment on the Shah-Thackeray telephonic conversation. Shah’s call came a day after the Sena chief demanded a 50:50 power-sharing agreement and lined up a wish list, which included more ministerial berths in the Union Cabinet and a free hand for Sena in the next Brihan Mumbai Corporation polls. Shah’s call came…
Author: Aruna Sharma
(PTI) Union Steel Minister Dharmendra Pradhan on Friday met officials of Japanese steel companies Nippon Steel and Daido Steel in Tokyo and invited them to invest in India. Pradhan, along with senior officials of the ministry, is in Japan to attend the two-day Global Forum on Steel Excess Capacity (GFSEC). His meeting assumes significance as steel companies in Japan have shown interest in investing in India. “Met with representatives of Daido Steel Co.Ltd in Tokyo. Daido is one of the world’s largest speciality steel manufacturers also dealing in high-performance materials, magnetic materials, parts for the automobile industry and industrial equipment,” Pradhan…
(LiveMint) The Bharatiya Janata Party (BJP) is set to return to power in Haryana. BJP president Amit Shah late on Friday evening said his party will enter into a coalition with Dushyant Chautala-led Jannayak Janta Party (JJP). The newly formed alliance is likely to stake claim to form the government on Saturday. According to the agreement between the two parties, the BJP’s Manohar Lal Khattar will continue to be chief minister while the deputy chief minister will be from JJP. “Accepting the mandate by the people of Haryana, leaders of both parties have decided that BJP-JJP will form the government together in Haryana. CM will…
(PTI) In signs of the growing clout of India in the world energy market, Russia’s most powerful oligarch Igor Sechin accompanied Oil Minister Dharmendra Pradhan during his visit to Far East Russia, which New Delhi is eyeing for boosting its energy presence and opening a new shipping route. The chief executive of Russia’s oil giant Rosneft accompanied Pradhan to shipbuilding complex in Zvezda in Far East Russia on Tuesday, an official statement said. Pradhan is on a 4-day visit to Vladivosto as a follow-up to the visit of Prime Minister Narendra Modi to Vladivostok for the Eastern Economic Forum in…
(AU) किसी भी देश की आर्थिक वृद्धि के लिए ईज ऑफ डूइंग बिजनेस यानी कारोबार सुगमता बेहद महत्वपूर्ण होती है। ऐसे में विश्व बैंक की ताजा और अंतिम सूची में भारत ने कारोबार सुगमता के मामले में 14 पायदान की छलांग लगाई है। इस सूची में अब भारत का 63वां स्थान है। बता दें विश्व बैंक की कारोबार सुगमता की फाइनल सूची में सऊदी अरब 62वें और यूक्रेन 64वें पायदान पर है। इस सूची में किसी भी देश को चार प्रमुख क्षेत्रों को ध्यान में रखते हुए रैंक दी जाती है। यह चार क्षेत्र हैं- नया बिजनेस शुरू करना, दिवालियेपन का समाधान…
(ET) The cabinet significantly eased entry barriers in the state-dominated petrol pump business to encourage competition from Indian and foreign firms. It also approved a revival package for state-owned telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) that aims at the eventual merger of the withering former monopolies. It also raised the minimum support price (MSP) for rabi, or winter sown, crops by 5-7% to increase rural incomes by giving giving a higher assured price at which state agencies buy crops such as wheat, pulses and oilseeds. The cabinet also approved a bill to regularise unauthorised…
(ET) Asia-Pacific power industry tender activity in September 2019 saw 425 tenders announced, marking a drop of 31% over the last 12-month average of 620, according to GlobalData’s power database. India, however, led the activity in September 2019 with 254 tenders and a share of 59.8%, up 9.8% over the previous month and down 21% when compared with the last 12 month-average. India was followed by the Philippines with 59 tenders and a share of 13.9%. Bangladesh issued 55 tenders and its share was 12.9% during the month. Looking at the last 12-month average, India held the top spot with 321 tenders,…
(FE) Uttar Pradesh must grow to its full capacity to become a $1-trillion economy and help India achieve a GDP size of $5 trillion, 15th Finance Commission chairman NK Singh said on Tuesday after meeting chief minister Yogi Adityanath. “For development of UP, a new growth rate is needed. If UP continues to move at this (current) rate, it will not be able to become a $1-trillion economy,” Singh told reporters in Lucknow, while urging the state to also do more in health and education sectors. On the possibility of a package for the state from the finance commission, Singh…
(ET) Prime Minister Narendra Modi will inaugurate the Kartarpur Corridor on November 9 and dispatch the first lot of pilgrims to visit Kartarpur Sahib gurdwara in Pakistan’s Punjab province, Ministry of Home Affairs said on Tuesday. Former prime minister Manmohan Singh would be a part of the Sikh delegation led by Punjab Chief Minister Amarinder Singh, said a Home Ministry official, adding that they will pay obeisance at the shrine and return the same day. The announcement comes a day after India declared that it would sign an agreement on the Corridor with Pakistan on Wednesday. Earlier, there was information that…
(PTI) Former president Pranab Mukherjee on Tuesday said he was concerned about the “increase in violence” arising out of differences among people and the “utter disregard” for human life which is hurting the nation’s harmony. Delivering a lecture at the North East Institute of Advanced Studies on its Foundation Day via video conferencing from Delhi, Mukherjee said there was a need to encourage reasoned public engagement on all issues of national importance and that dialogue not disruption was essential for a healthy democracy. “Today, I notice, with great concern, there is an increase in violence arising out of differences. Consequently,…