(ET) India should ease norms for hiring and firing workers to make it easier for companies to do business in the country, according to a former adviser to Prime Minister Narendra Modi’s government. Easing the rules are crucial for employers, as their primary aim is not to fire workers, Arvind Panagariya, the former head of government think-tank NITI Aayog, said in an interview in New Delhi. “You need consistency across labor laws.” Finance Minister Nirmala Sitharaman, in her maiden budget this month, proposed combining multiple laws governing workers to form four sets of labor codes to improve the ease of doing business.…
Author: Aruna Sharma
(ET) Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so, Power and New and Renewable Energy Minister R.K. Singh said on Tuesday. The capacity of coal based generation would increase from the current about 195 gigawatt (GW) to 238 GW by March, 2027. “Accordingly, the total coal requirement would increase from 698 MT for 2019-20 to 877 MT during 2026-27,” Singh said in a written reply to the Rajya Sabha. As there is a already shortage in coal supply, the government needs to raise production to…
(ET) India and Russia on Monday explored opportunities for investments in oil and gas sectors in both countries eyeing to expand their partnership in this sector. Yury Borisov, Deputy Prime Minister of the Russia heading an 18-member strong Russian delegation, representing various Ministries, visited Delhi on 22 July 2019, and met Dr. S Jaishankar, External Affairs Minister. Both co-chaired the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC). They held their first inter-sessional meeting since the External Affairs Minister assumed office. With a view to prepare for Prime Minister’s forthcoming visit to Vladivostok, Russia, as the Chief…
(Hindustan) भाजपा के राष्ट्रीय उपाध्यक्ष और सदस्यता अभियान के सह संयोजक दुष्यंत कुमार गौतम ने कहा कि सदस्यता अभियान से देश का निर्माण होता है। पिछले सदस्यता अभियान के बलबूते हमें लोकसभा चुनाव में भारी बहुमत मिला है। आगे भी चुनाव होने वाले हैं। हमें एक-एक बूथ को मजबूत करना होगा। मंगलवार को भाजपा महानगर कार्यालय में सदस्यता अभियान की बैठक में राष्ट्रीय उपाध्यक्ष दुष्यंत कुमार गौतम ने कहा कि किसी दल के लिए सदस्य बनाना जरूरी होता है, जो सदस्य नहीं बनाते हैं, वह दल लोकतांत्रिक तरीके नहीं चल सकते। पिछले बार जब हमने सदस्यता अभियान चलाया तो 11…
(PTI) State-owned gas firm GAIL India has hired a newly-built LNG ship from Japan’s Mitsui OSK Lines for ferrying gas from nations such as the US for three years beginning 2021, and plans to charter hire additional vessels. GAIL in its latest annual report said it has contracted long-term LNG from the USA (5.8 million tonnes per annum) and Russia (2.5 million tonnes) and is now actively trading the gas in international market. The company in 2017 chartered hired the vessel Meridian Spirit from Total for three years, extendable by one year, to transport the LNG sourced from the USA. It also…
(ET) The finance ministry has extended the deadline for filing income tax return (ITR) for FY2018-19 by individuals to August 31, 2019 from July 31, 2019. The extension is a much needed relief as there were multiple problems being faced by individuals in filing returns by July 31. July 31 was the deadline to file income tax returns for most individuals and HUFs. This is that category of individuals and HUFs who are not mandatory required to get their accounts audited for tax purposes. Many chartered accountant/tax practitioner societies had appealed to the government to extend the ITR filing deadline to…
(AU) सरकार ने संसद के वर्तमान सत्र को दो हफ्ते बढ़ाने का फैसला किया है। भाजपा संसदीय दल की बैठक में पार्टी अध्यक्ष और गृह मंत्री अमित शाह ने सांसदों को सत्र का समय बढ़ने की जानकारी देते हुए कहा कि सरकार सत्र के लिए सूचीबद्ध सभी 25 बिल पारित कराना चाहती है। हालांकि सत्र बढ़ाने को लेकर सरकार ने अब तक विपक्षी दलों से बातचीत नहीं की है।सूत्रों ने बताया कि शाह ने बैठक में सांसदों से कहा कि लंबित बिलों को पारित कराने के लिए अवधि बढ़ाई जाएगी। भावी कार्यक्रम तैयार करते समय सांसद इसका ध्यान रखें। एक…
(TH) The US-China trade war and the growth of American oil supply will keep crude prices in check, notwithstanding West Asia tensions, according to Mukesh Kumar Surana, the Chairman and MD of Hindustan Petroleum. Brent crude will likely remain in a range of $60 to $70 a barrel and could fall toward $60 if demand worsens, said Surana. The global benchmark was trading at around $63 a barrel on Monday. Oil-producing countries have to ensure that crude remains relevant, he said in an interview. So the prices have to be kept in a reasonable range. Brent has fallen around 15…
(AU) योगी सरकार ने वित्त वर्ष 2019-20 के पहले अनुपूरक बजट में लोकसभा चुनाव के दौरान राज्य कर्मचारियों से किया वादा निभाया तो विकास को और रफ्तार देने के लिए इन्फ्रास्ट्रक्चर पर फोकस किया है। 13594.87 करोड़ रुपये के अनुपूरक बजट में राज्य कर्मचारियों का एनपीएस अंशदान जमा कराने के लिए 5004.03 करोड़ रुपये का प्रावधान किया है। वहीं, इन्फ्रास्ट्रक्चर के लिए सरकार ने 2093.98 करोड़ की व्यवस्था की है जबकि नगर विकास के लिए 2175.46 करोड़ रुपये का प्रावधान किया गया है। वित्तमंत्री राजेश अग्रवाल ने मंगलवार को विधानसभा में तो डॉ. दिनेश शर्मा ने विधान परिषद में अनुपूरक बजट…
(TH) South Central Railway (SCR) has won a certificate of appreciation from Railways Ministry for the best performance in closure of all Unmanned Level Crossings (ULCs) and setting a record of sorts in electrification of the track. Minister of State for Railways Suresh Angadi Channabasappa presented the certificates to SCR General Manager Gajanan Mallya during regional function of 64th Railway Week Awards held in Ambala, Haryana. Haryana Chief Minister Manohar Lal Khattar and Railway Board chairman Vinod Kumar Yadav were present on the occasion. Mr. Mallya presented the certificate of appreciation in recognition of closing all UMLCs to principal chief engineer…