(FE) NTPC has paid in advance Rs 4,700 crore to Railways for coal that the transporter will carry for the power major in financial year 2018-19. The money, however, will be reflected in earnings for the previous fiscal year. While Indian Railways carried a record 1,162 million tonnes of freight in 2017-18, its highest ever, and around 4.8 per cent more than last year’s figures, the extra money from NTPC, an MoU for which was drawn on the last day of the financial year, will help the railway books look better and negate the possibility of a revenue shortfall in…
Author: Aruna Sharma
(PTI) Private sector ICICI Bank board today approved redemption of 350 unlisted preference shares of Rs 1 crore each and decided to reclassify all kinds authorised share capital into equity. However, the bank did not say anything with regard to review of insolvency cases which was part of board meeting agenda for today. This is the first time ICICI Bank’s board met after the controversy over alleged conflict of interest involving its CEO Chanda Kochhar and Videocon group broke out. Necessary alterations to be carried out in the relevant capital clause of the Memorandum of Association and Article of Association…
(TOI) The Centre moved the Supreme Court on Monday seeking restoration of mandatory arrest for offences under the SC/ST (Prevention of Atrocities) Act and an immediate review through open court hearing of the apex court’s March 20 judgment that diluted the stringent provision. The order, and subsequent mobilisation, led to a nationwide agitation by Dalits and tribals. A writ petition filed by the All India Federation of SC/ST Organisations was mentioned by advocate Manoj Gorkela before a bench headed by CJI Dipak Misra for urgent hearing by a five-judge bench with regard to the controversy and the violent situation. The bench said since the…
(LiveMint) GST e-way bill was off to a successful start with more than five lakh e-way bills generated till 7 pm on the first working day of its implementation. The roll-out of e-way bill without any glitches came as a relief to businesses who were fearing disruption to trade. With the successful rollout of e-way bill—an electronic documentation of movement of goods—a key anti-evasion measure under goods and services tax is now in place. The government is hoping that this will help in improving tax revenues under GST.
(LiveMint) The Congress on Monday demanded that petrol and diesel be brought under the goods and service tax (GST) regime, and accused the Modi government of “betraying” the trust of the common people and “miserably failing” to curtail rise in fuel prices. Senior Congress leader P. Chidamabaram dubbed the BJP government as “anti-poor” and “anti-middle class” as these sections have to bear the burden of high petrol prices. He also alleged that the Bharatiya Janata Party (BJP) believed in “cruel taxation” and “imprudent borrowing”. “Why are petrol and diesel prices today higher than prices in May 2014?”, said Chidambaram, pointing out…
(DJ) संसद के दोनों सदनों में विपक्ष हंगामे के चलते सोमवार को भी कामकाज नहीं हो सका। लगातार 18 दिन से संसद में हंगामे की यही स्थिति बनी हुई है, जिसके चलते कई महत्वपूर्ण विधेयकों पर चर्चा नहीं हो पा रही है और वे लटके हुए हैं। राज्यसभा महज छह मिनट तक चलने के बाद स्थगित कर दी गई। वहां पर सभापति एम वेंकैया नायडू जैसे ही अपने आसन पर बैठे वैसे ही कांग्रेस, बसपा, तृणमूल कांग्रेस, तेदेपा, द्रमुक और अन्ना द्रमुक के सांसद वेल में आ गए और नारेबाजी करने लगे। कांग्रेस और बसपा सरकार पर दलित विरोधी होने का…
(PTI) The Supreme Court today continued its interim order granting status quo on the operation of the Punjab and Haryana High Court verdict upholding the constitutional validity of the law providing ten per cent reservation to Jats and five other communities in Haryana.A bench of Justices J Chelameswar and Sanjay Kishan Kaul asked Haryana to file within three weeks its counter affidavit on the plea which has also opposed the Haryana Backward Classes Act of 2016.”Counter affidavit be filed within three weeks. Rejoinder affidavit be filed within three weeks thereafter. List thereafter. Interim order to continue in the meantime,” the…
(PTI) A special CBI court here today remanded Vipul Ambani and others, arrested in connection with the multi-crore Punjab National Bank (PNB) fraud case, in judicial custody till April 11. Ambani, president (finance) of Nirav Modi’s Fire Star Diamond, and others were produced in the court of Special CBI Judge S R Tamboli today which sent them to judicial custody till April 11. The CBI has alleged that the firms controlled by diamantaires Nirav Modi and his uncle Mehul Choksi had obtained fraudulent Letters of Undertaking (LoU) and Letters of Credit (LC), worth over 13,000 crore from the PNB, in connivance…
(AU) एससी-एसटी एक्ट के प्रावधानों में सुप्रीम कोर्ट के संशोधन के विरोध में विभिन्न दलित संगठनों द्वारा सोमवार को आयोजित भारत बंद के दौरान देश के कई राज्यों में भीषण हिंसा हुई। हिंसा में मध्यप्रदेश में 6, उत्तर प्रदेश में 2 तो वहीं राजस्थान में एक व्यक्ति की मौत हो गई, जबकि सैकड़ों लोग घायल हो गए। प्रदर्शनकारियों के पंजाब, यूपी, राजस्थान, मध्य प्रदेश, हरियाणा, ओडिशा, गुजरात, झारखंड, महाराष्ट, सहरोत कई दूसरे राज्यों में रेल और सड़क यातायात बाधित करने से सामान्य जनजीवन अस्तव्यस्त हो गया। आंदोलन में भड़की हिंसा के बीच सरकार और विपक्ष के बीच आरोपों-प्रत्यारोपों का दौर…
The Petroleum & Natural Gas Minister Dharmendra Pradhan said that we decided to proactively advance the roll-out of BS-VI fuel in Delhi from April 2018, instead of April 2020 after taking stock of the alarming pollution situation in Delhi in winters.BS-VI fuel will bring down sulphur by 5 times from the current BS-IV levels – this is an 80 percent reductionwhich makes it extremely clean. It will improve emissions from the existing fleet, even from the older vehicles on road. BS-VI is as clean as CNG or even cleaner than CNG in some respects Pradhan said today at the launch of BS-VI…