(PTI) Reserve Bank Governor Shaktikanta Das met more state-run bankers to discuss issues related to relaxing the prompt corrective action (PCA) framework, liquidity and credit flows to MSMEs, bankers said. This is the second meeting between public sector lenders and RBI since Das took charge last Tuesday, following the sudden resignation of Urjit Patel due to deep differences with the government on a host of issues, including calls for relaxing the PCA for some banks, autonomy and operational independence, as well as parting with at least one-third of its reserve capital to government, among others. The lenders who attended the…
Author: Aruna Sharma
(AU) देश की पहली इंजन रहित ट्रेन 18 को प्रधानमंत्री नरेंद्र मोदी 29 दिसंबर को झंडी दिखाएंगे। सूत्रों के मुताबिक प्रधानमंत्री मोदी इसे अपने संसदीय क्षेत्र वाराणसी से हरी झंडी दिखा सकते हैं। यह ट्रेन दिल्ली और वाराणसी के बीच चलेगी। इसके साथ ही यह शताब्दी ट्रेनों की जगह इसे चलाया जाएगा। आईसीएफ चेन्नई द्वारा 100 करोड़ की लागत से बनी ट्रेन 18 देश की सबसे तेज चलने वाली ट्रेन है। हाल ही में दिल्ली राजधानी रूट पर ट्रायल के दौरान यह 180 किमी प्रति घंटे की स्पीड से दौड़ने में सफल रही। संभावित योजना के तहत ट्रेन नई दिल्ली से…
(FE) BJP president Amit Shah has asserted that the party wants the construction of the Ram temple to be done “at the exact spot” in Uttar Pradesh’s Ayodhya. He also claimed that the case would not “go beyond ten days” if the Supreme Court were to conduct “day-to-day hearings”, according to reports. Shah’s remarks came a day after party MPs, especially those from Uttar Pradesh, posed tough questions over the issue during the parliamentary party meeting held in the national capital on Tuesday. Home Minister Rajnath Singh had presided over the meeting since both Prime Minister Narendra Modi and Shah were not in the national capital. Shah…
(LiveMint) The board of India’s top explorer, Oil and Natural Gas Corp Ltd, will consider a proposal this week to list its overseas investment arm, ONGC Videsh Ltd, on domestic bourses, two sources privy to the matter . The move to float the unit – which has investments in 11 producing assets in countries including Russia, Brazil, United Arab Emirates, Sudan and Venezuela – is part of a government push to sell state assets to raise funds. “ONGC has a board meeting on Dec. 20 and 21. A proposal for listing of ONGC Videsh will be discussed,” one of the sources…
(LiveMint) The government assured that genuine investments in start-ups will not be taxed for exceeding fair market valuation. The assurance comes after news reports said some start-ups have received notices from the income tax (I-T) department seeking details of their share transactions. The Income Tax Act treats share premium received from the sale of unlisted shares in excess of their fair value taxable as income from other sources. The move to seek clarifications on share premiums under section 56 of the Income Tax Act has been on for a few years. The idea is to check instances like politicians accepting bribes in the guise of…
(AU) वर्ष 2030 तक भारतीय अर्थव्यवस्था को पांच लाख करोड़ डॉलर की अर्थव्यवस्था बनाने के उद्देश्य से नीति आयोग ने एक रणनीति दस्तावेज बनाया है। इसके सहारे आठ फीसदी से अधिक की विकास दर का लक्ष्य प्राप्त किया जाएगा। इसे बुधवार को केंद्रीय वित्त मंत्री अरुण जेटली ने यहां जारी किया। स्ट्रेटेजी फॉर न्यू इंडिया @ 75 नाम से जारी इस रणनीति दस्तावेज में कहा गया है कि इसका अत्यधिक ध्यान उस वातावरण में सुधार करना है, जिसमें निजी निवेशक एवं अन्य हित धारक अपनी पूरी शक्ति से काम कर सकें। ऐसा होने पर ही भारत वर्ष 2022 तक के…
(PTI) Indian Oil Corporation Limited (IOCL) said under the Pradhan Mantri Ujjwala Yojana, 5.14 lakh gas connections were released in Telangana by three oil PSUs (IOCL, BPCL and HPCL). According to a press release issued by IOCL here, the LPG coverage in the state is about 110.5 per cent of the household population. “This scheme (PMUY) will benefit enrolment in certain districts like Jangaon, Jayashankar Bhupalapalli, Komram Bheem Asifabad, Mahbubabad, Nagarkarnool, Peddapalli, Vikarabad, Wanaparthy and Warangal Rural where LPG coverage is around 80 per cent,” it said. IOCL has given 2.05 lakh connections while BPCl and HPCL gave 1.34 lakh and…
(PTI) World’s largest oil exporter Saudi Arabia and richest Indian Mukesh Ambani-run Reliance Industries are discussing joint investment in petrochemicals and refinery projects, the Saudi Oil Minister Khalid al-Falih said. Al-Falih, who has known Ambani for over a decade now, travelled to Udaipur earlier this month to attend the pre-wedding festivities of Ambani’s daughter Isha’s marriage with Ajay Piramal’s son Anand. During that visit, he also held talks with Ambani but choose to tweet about those discussions only this week. In an Arabic tweet, which was translated using online tools, Al-Falih said he was delighted to meet Ambani.
(Hindustan) राज्य मुख्यालयमुख्यमंत्री योगी आदित्य नाथ 23 दिसंबर को मोदीनगर के गांव पतला में पूर्व प्रधानमंत्री स्वर्गीय चौधरी चरण सिंह की प्रतिमा का अनावरण करेंगे। 23 दिसंबर चौधरी चरण सिंह की जन्मतिथि किसान दिवस के रूप में मनाई जाती है। यह जानकारी भारतीय जनता पार्टी के किसान मोर्चा की राष्ट्रीय कार्यकारिणी सदस्य श्रीकांत त्यागी ने दी। श्री त्यागी ने बताया कि इस मौके पर मुख्यमंत्री एक जनसभा को भी संबोधित करेंगे। इस जनसभा में बड़ी तादाद में किसान आएंगे। उन्होंने बताया कि गाजियाबाद जिले के मोदीनगर में मुख्यमंत्री योगी आदित्य नाथ पहली बार आ रहे हैं।
(LiveMint) State Bank of India (SBI) is looking to buy out Canara Bank’s loans of about ₹400 crore in Ratnagiri Gas and Power Pvt. Ltd (), the erstwhile Dabhol Power Co., said two people in the know. This is expected to be the first resolution under the inter-creditor agreement (ICA), which is part of the government’s Project Sashakt aimed at resolving bad loans. The step by SBI follows Canara Bank moving the National Company Law Tribunal (NCLT) in September against the demerger and debt restructuring of Ratnagiri Gas. IDBI Bank Ltd is the lead lender of the consortium, but its lending activities are…