Author: Aruna Sharma

(ET) The Allahabad high court will continue on Tuesday hearing of the case filed against Reserve Bank of India circular by power companies . The court heard Reserve Bank of India counsel on Monday, sources said. On August 14th, the power companies presented their arguments against the circular. The companies cited the 40th Parliamentary Standing Committee report that noted that the outcomes of RBI’s revised framework with respect to the electricity sector have been disappointing with bank non-performing assets (NPAs) rising. RBI has in all hearings declined the need for an extension sought by the power companies for completing resolution proceedings…

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(AU) मुख्यमंत्री योगी आदित्यनाथ की अध्यक्षता में मंगलवार को कैबिनेट की बैठक होगी। इसमें पूर्व प्रधानमंत्री अटल बिहारी वाजपेयी को श्रद्धांजलि देने के साथ ही उनके नाम से जुड़ी कई योजनाओं के प्रस्ताव को मंजूरी देने की तैयारी है। कैबिनेट वित्त वर्ष 2018-19 के अनुपूरक बजट को भी मंजूरी देगी। सूत्रों के मुताबिक कैबिनेट के एजेंडे में पहला प्रस्ताव पूर्व पीएम के निधन पर शोक प्रस्ताव पारित करने का है। इसमें अटलजी के देश-दुनिया व विशेष तौर पर यूपी के प्रति किए गए विशेष योगदानों का उल्लेख करते हुए शोक प्रस्ताव पारित किया जाएगा। इसके बाद अटलजी से जुड़े प्रमुख स्थलों…

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(LiveMint) Indian investigators have begun the process of seeking fugitive jeweller Nirav Modi’s extradition after the UK confirmed his presence in the country during the weekend. The Central Bureau of Investigation (CBI) has sent an extradition request for Nirav Modi to the Union home ministry, which in turn will forward it to the ministry of external affairs for final action. The investigating agency has requested the UK authorities to detain Nirav Modi, with Interpol having already issued a red corner notice (RCN) against the diamantaire on 2 July. “The UK authorities confirmed Nirav Modi’s presence and CBI has now sent the extradition…

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(Tribune) Chief Ministers of four states accompanied by their chief secretaries, DGPs and home secretaries in Chandigarh on Monday will attend a meeting aimed at working out a joint action plan to fight drug menace. There are several inter-state issues, including setting up of a joint task force, better coordination and checking trafficking, which can check the problem.“Considering the gravity of the drug menace and the alarming proportions that it is assuming, I wrote to my counterparts in the neighbouring states to meet so that we can evolve joint strategy on the issue,” Chief Minister Jai Ram Thakur. He said…

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(DJ) आने वाले तीन दिन मौसम उत्तराखंड की परीक्षा लेगा। मौसम विभाग के अनुसार सोमवार से बुधवार तक राज्य में भारी बारिश की आशंका है। विशेषकर कुमाऊं क्षेत्र में मौसम का मिजाज ज्यादा तल्ख रहेगा। इस दौरान बादल फटने के साथ ही बज्रपात की घटनाएं होने का अनुमान लगाया गया है। मौसम विभाग की चेतावनी के मद्देनजर शासन ने सभी जिलाधिकारियों के लिए अलर्ट जारी कर दिया है। आपदा प्रबंधन से जुड़े सभी विभागों को सतर्क रहने के निर्देश दिए गए हैं। इस बीच रविवार को प्रदेश में बारिश भले ही नहीं हुई हो, लेकिन आसमान में काले बादल डेरा…

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(ET) Having failed to attract private players in a big way to undertake skilling in India under PM Narendra Modi’s flagship Skill India Mission, government is rapidly roping in its own public sector enterprises to take on targeted skilling in the country. The latest PSU to join the bandwagon is the NALCO, which will put in Rs 50 crore towards skill development and entrepreneurship till 2020. So far the National Skill Development Corporation (NSDC) has received financial commitments of Rs 163 crore for training more than one lakh beneficiaries including 40,000 aspirants with recognition of prior lending. The other PSUs…

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(LiveMint) Bajaj Group plans to raise about ₹ 3,000 crore through an initial public offering (IPO) of its power generation business, said two people aware of the plans. The company is expected to soon file a draft prospectus with capital markets regulator Securities and Exchange Board of India (Sebi) for a share sale, the people said. “They have been working on the IPO of the power business over the past few months,” said one of the two people, requesting anonymity as he is not authorized to speak to reporters. Bajaj has hired investment banks UBS, Edelweiss Financial Advisors Ltd and…

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(DJ) अनुसूचित जाति व अनुसूचित जनजाति (एससी एसटी) को सताने पर तुरंत मामला दर्ज होगा और गिरफ्तारी होगी। मामला दर्ज करने से पहले प्रारंभिक जांच और गिरफ्तारी से पहले इजाजत लेने की कोई जरूरत नहीं है। राष्ट्रपति ने सुप्रीम कोर्ट का फैसला निष्प्रभावी करने वाले एससी एसटी संशोधन कानून 2018 को मंजूरी दे दी है। राष्ट्रपति की मंजूरी मिलने के बाद एससी एसटी कानून पूर्व की तरह सख्त प्रावधानों से लैस हो गया है। सुप्रीम कोर्ट ने गत 20 मार्च को दिये गये फैसले में एससी एसटी कानून के दुरुपयोग पर चिंता जताते हुए दिशा निर्देश जारी किये थे। सुप्रीम…

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(LiveMint) State-run Coal India Ltd (CIL) expects 367 million tonne output by the end of the current financial year from its 115 ongoing projects. The publi sector undertaking accounts for over 80% of India’s coal production. The coal production from the projects is “planned to reach 377 mt in 2019-20,” Coal India said in a report, adding that there are 65 projects in the pipeline with a “targeted capacity of 247.66 mt per year”. “Of these 65 future projects, 27 with ultimate capacity of 108.29 MT have been approved,” Coal India said. According to the utility, efforts are on to…

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(LiveMint) Bad prospects have forced state-run Hindustan Petroleum Corp. Ltd (HPCL) to relinquish 19 of its 21 exploration and production blocks, ending its upstream ambitions. In its 2017-18 annual report, HPCL also said the net worth of its fully owned exploration and production subsidiary Prize Petroleum Co. Ltd has partially eroded. “The management had considered ₹ 24.41 crore as an impairment loss in value of investment. Accordingly, a provision was accounted during FY2016-17. No further impairment is considered necessary during FY 2017-18,” the company said. HPCL did not reply to an email sent on 17 August.  Until they were relinquished, HPCL held…

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