(LiveMint) Concerned about record cane arrears and the prospect of a domestic sugar glut worsening further, the government is considering offering financial assistance of around Rs 5,500 crore in the next marketing year, starting October, to assuage the pains of both farmers and mills, sources told FE. As part of the proposal, expected to be taken up by the Cabinet Committee on Economic Affairs on Wednesday, the government could offer Rs 13.88 per quintal of cane directly to farmers for supplies of the raw material to mills, said the sources. A similar assistance of Rs 5.5 per quintal was provided…
Author: Aruna Sharma
(LiveMint) The Defence Ministry Tuesday accorded approval for procurement of military equipment and weapons, including two regiments of Aakash missile systems, at a cost of ₹9,100 crore, officials said. The acquisition proposals were approved by the Defence Acquisition Council (DAC), the ministry’s highest decision making body on procurement. The DAC also approved the design and development of test equipment for guided weapons systems for T90 tanks. The Aakash missiles will be supplied by state-run Bharat Dynamics Limited (BDL). It will be an upgraded version of the previously inducted Aakash missiles, officials said. “The upgraded Aakash weapon system is an operationally critical equipment…
(PTI) In a step towards becoming carbon neutral, country’s largest lender State Bank of India (SBI) is looking to install solar panels over around 10,000 ATMs across the country in the next two years, a senior official said. Currently, nearly 1,200 of the bank’s ATMs are running on solar power. “We are going to take this number to up to 10,000 ATMs in the next two years,” the bank’s chief financial officer, Prashant Kumar, told reporters Tuesday. The lender has installed rooftop solar panel on 150 of its building across the country and is in the process of identifying more such locations. “Our…
(AU) राफेल लड़ाकू विमान को लेकर भारत और फ्रांस के बीच करार पर रोक लगाने की मांग वाली याचिका पर सुप्रीम कोर्ट में मंगलवार को होने वाली सुनवाई टल गई। वास्तव में याचिकाकर्ता वकील एमएल शर्मा ने सुप्रीम कोर्ट से सुनवाई टालने की गुहार की थी। न्यायमूर्ति रंजन गोगई की अध्यक्षता वाली तीन सदस्यीय पीठ के समक्ष याचिकाकर्ता वकील ने कहा कि उनकी तबियत ठीक नहीं है और साथ ही वह इस मामले में कुछ अतिरिक्त दस्तावेज भी दाखिल करना चाहते हैं, लिहाजा सुनवाई टाली जाए। पीठ ने याचिकाकर्ता केआग्रह को स्वीकार करते हुए सुनवाई 10 अक्टूबर तक के लिए टाल…
(ET) ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), plans to exitKazakhstan’s Satpayev block after it could not find commercially exploitable oil, an official said Tuesday. OVL had in April 2011 bought 25 per cent of Satpayev oil block. It paid $13 million as a signing amount to Kazakhstan and an additional $80 million as a one-time assignment fee to JSC NC KazMunaiGas (KMG), the national oil company of Central Asian nation. Satpayev was OVL’s entry into hydrocarbon-rich Kazakhstan. But its exploration campaign hasn’t met with much success, the official said. OVL, he said, drilled the committed two exploration wells…
(AU) मुख्य निर्वाचन आयुक्त ओम प्रकाश रावत ने कहा कि देश में पहली बार अगले विधानसभा चुनावों में वीवीपेट और इवीएम एम थ्री मशीनों से मतदान करवाए जाएंगे। इन मशीनों में किसी भी तरह से छेड़छाड़ नहीं की जा सकती। उन्होंने राजनीतिक पार्टियों की बैलेट पेपर के जरिए मतदान करवाने की मांग को भी खारिज किया और कहा कि मतदान के दौरान सेल्फी पर भी प्रतिबंध रहेगा। रावत ने पत्रकारों से कहा कि निष्पक्ष और पारदर्शी चुनाव के लिए अत्याधुनिक मशीनों का इस्तेमाल किया जा रहा है, जिनमें किसी भी तरह की छेड़छाड़ की शंका नहीं है। उन्होंने कहा कि सिटीजन…
(PTI) Union minister J P Nadda Tuesday said the “Ayushman Bharat”, the insurance scheme of the central government to be launched by Prime Minister Narendra Modi on September 23, will give a fillip to Digital India movement. Ayushman Bharat aims to holistically address health (covering prevention, promotion and ambulatory care), at primary, secondary and tertiary level. Nadda, the union health minister, came here to make a field visit where the Prime Minister will launch the scheme in presence of Jharkhand Chief Minister Raghubar Das. “The scheme is digital, cashless and paperless and will give fillip to Digital India. A pilot project will begin two…
(FE) The construction of India-Bangladesh Friendship Product Pipeline Project and a railway project connecting the two countries were on Tuesday flagged off jointly through video conferencing by Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina. At an estimated project cost of Rs 346 crore, expected to be completed in 30 months, the 129 km long India-Bangladesh Friendship Pipeline will connect Siliguri in India with Parbatipur in Bangladesh and will transport petroleum products from Numaligarh Refinery (NRL) in Assam. While five km of the pipeline is in India the rest of the pipeline will be implemented by Bangladesh Petroleum Corporation. As…
Varun Dhawan and Anushka Sharma, through their much awaited film ‘Sui Dhaaga – Made in India’ are saluting India’s entrepreneurs and skilled workforce, especially homegrown artisans, craftspeople and weavers who are making the country proud the world over. Dhawan plays a tailor named Mauji and Anushka plays his wife and embroiderer Mamta. Innocent yet ambitious, they dream big of making a name for themselves. The Sui Dhaaga stars have been signed on to promote and endorse the Skill India Mission, chaired by the Hon’ble Prime Minister Shri Narendra Modi. The film highlights the untapped potential of India’s talented craftsmen and…
(FE) In a fillip to ‘Make in India’ and Indian Railways aim to move towards environment-friendly methods, state-run BHEL recently flagged of its first electric locomotive. State-run engineering major Bharat Heavy Electricals Limited (BHEL) flagged off its first 6,000 HP electric locomotive from its Jhansi plant in Uttar Pradesh, expanding its footprint in the transportation sector. A company statement said that as part of its diversification initiatives, BHEL has flagged off of its first 6,000 HP electric locomotive (Type WAG-9H). BHEL has manufactured the 6,000 HP locomotive against an order from the Railway Board for 30 locomotives for Indian Railways. Interestingly, the…