(PTI) The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public-sector banks, including PNB and UCO Bank, for non-compliance with KYC requirement and norms for opening of current accounts. While PNB, Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, a Rs 25-lakh penalty has been imposed on Corporation Bank. Giving details, the RBI said the penalty has been imposed for non-compliance with certain provisions of directions issued by it on know your customer norms or anti-money laundering standards and opening of current accounts. The action, however, is based on…
Author: Aruna Sharma
Energy major ONGC flagged off the Clean Himalaya Expedition to mark the beginning of the Swachhta Pakhwada this year. The cleanliness drive shall target cleaning of mountains in three Himalayan regions- Kedarnath and Khaliya Top-Munsiyari in Uttarakhand, and Dharamshala –Mcleodganj in Himachal. The expedition was flagged off by Dr Alka Mittal, Director (HR), ONGC on July 1, 2019 at ONGC corporate office. The expedition shall be steered by a 17-member team comprising of mountaineer volunteers and one doctor. ONGC is partnering with the Indian Mountaineering Foundation (IMF) for the 15-day expedition co-terminating with the Swacchta Pakhwada. The cleanliness drive will…
(FE) The Uttar Pradesh government has decided to fix the minimum base price for reserved molasses sold to distillers for manufacturing of country liquor to avoid distress sale by the beleaguered sugar mills. The decision, which is expected to bring relief to the troubled sugar industry, was taken at a joint meeting of representatives of UP Sugar Mill Association and Uttar Pradesh country liquor Distillers Association, chaired jointly by the principal secretary, sugar industry and cane development and principal secretary, excise. According to the new formula devised by the two principal secretaries, the minimum base price for reserved molasses for…
(DJ) मध्य प्रदेश में विदिशा जिले के गंजबासौदा से विधायक लीना जैन को अज्ञात व्यक्ति ने डाक से पत्र भेजकर केंद्रीय गृहमंत्री अमित शाह बम से उड़ाने की धमकी दी है। खुद विधायक को, बासौदा के रेलवे स्टेशन और शासकीय अस्पताल को भी बम से उड़ाने की धमकी दी है। विधायक की सूचना के बाद पुलिस अलर्ट हो गई है। अस्पताल और रेलवे स्टेशन पर सुरक्षा बढ़ा दी गई है। गंजबासौदा विधायक लीना जैन के मुताबिक सोमवार दोपहर उन्हें डाक से एक पत्र मिला। जब उन्होंने पत्र खोलकर पढ़ा तो उसमें केंद्रीय गृहमंत्री अमित शाह, खुद उन्हें, गंजबासौदा के शासकीय…
(PTI) The government has no control over the steel price but keeps a tab on it to ensure there is no monopoly on trading of the metal, Union Steel Minister Dharmendra Pradhan said in the Lok Sabha. Pradhan said steel is a free commodity and it is being imported too. “The government has no control over steel price. Our role is to see that there is no monopoly in steel trade. The price is determined by market demands,” he said. The minister said steel is a deregulated sector and the matters of procurements, operations, sales, marketing and investments etc., are taken by…
(TH) GE Power India Ltd has been awarded three contracts by NTPC Ltd to supply and install Wet Flue Gas Desulfurisation (FGD) systems. A GE statement said the award is for a combined value of Rs 2,311 crore, to improve air quality. GE will install the FGDs at IGSTPP Jhajjar (3×500 MW) by Aravali Power Company Private Ltd (APCPL), a joint venture company of NTPC Ltd, Haryana Power Generation Company Ltd (HPGCL) and Indraprastha Power Generation Company Ltd (IPGCL); at the Simhadri Super Thermal Power Station Stage I (2x500MW) & Stage II (2×500 MW) by NTPC Ltd; and Sipat Super Thermal Power…
(AU) गृहमंत्री अमित शाह ने राज्यसभा में जम्मू-कश्मीर में राष्ट्रपति शासन बढ़ाने वाले विधेयक पेश किया। कश्मीर घाटी में छह महीने के लिए राष्ट्रपति शासन बढ़ाए जाने को लोकसभा से मंजूरी मिल गई है। विधेयक को लोकसभा में शुक्रवार को पेश किया गया था। जिसपर कांग्रेस सहित विपक्षी दलों ने विरोध दर्ज किया था। राज्यसभा में जम्मू-कश्मीर में राष्ट्रपति शासन बढ़ाने वाले विधेयक को मिली मंजूरी। विधेयक का सपा, बीजेडी, टीएमसी सहित कई दलों ने किया समर्थन। बीजू जनता दल ने भी राज्यसभा में जम्मू कश्मीर आरक्षण (संशोधन) बिल 2019 और राज्य में राष्ट्रपति शासन बढ़ाए जाने के प्रस्ताव का समर्थन किया। रिपोर्ट्स के मुताबिक…
(FE) The Centre formed a high-powered committee of chief ministers led by Maharashtra CM Devendra Fadnavis to suggest structural reforms to boost farm productivity and marketing. The high-powered committee will have CMs of Karnataka, Haryana, Arunachal Pradesh, Gujarat, UP, MP & Union ministers for agriculture, rural development & panchayati raj as members. Fadnavis is the convenor of the committee while NITI Aayog member Ramesh Chand is its the member-secretary. The committee would suggest modalities for adoption and time bound implementation of agriculture sector reforms in two months, the government said in a statement.
(ET) The power ministry proposes to conduct reverse e-auction to select gas fired stations that will be offered subsidized imported fuel under a bailout package for 24,000-MW stressed projects. The power plants are proposed to be run on imported LNG to be made affordable through haircuts by central, state governments, power companies and gas transporters, sources said. The ministry will soon approach the Union Cabinet to seek approval for the scheme recommended by a high-level empowered committee on stressed assets, they said. The proposal, for three years starting this fiscal, is an extension of the previous rounds of subsidized gas auction schemes to…
(DJ) देश की पहली पूर्णकालिक वित्त मंत्री निर्मला सीतारमण 5 जुलाई को केंद्रीय बजट पेश करने जा रही हैं। इस आम बजट से सामान्य वेतनभोगी वर्ग को उम्मीद है कि आयकर छूट की सीमा को बढ़ाया जा सकता है। बजट-पूर्व सर्वे में सलाहकार कंपनी केपीएमजी (इंडिया) ने भी कहा है कि व्यक्तिगत करदाताओं के लिए आयकर छूट की मौजूदा ढाई लाख रुपये की सीमा को आम बजट में बढ़ाया जा सकता है। सर्वे में यह भी कहा गया है कि 10 करोड़ रुपये सालाना से अधिक आय वाले करदाताओं पर सरकार टैक्स की दर बढ़ाकर 40 फीसद कर सकती है। बजट-पूर्व…