(PTI) Prime Minister Narendra Modi will travel to Switzerland on January 22 on a two-day visit during which he will deliver the keynote address at the plenary session of the World Economic Forum (WEF) in Davos. This will be the first participation by an Indian prime minister in the WEF in over two decades. In 1997, the then prime minister H D Deve Gowda had attended the Davos Summit. Announcing the prime ministerial visit today, the external affairs ministry, in a statement, said the prime minister will also have a bilateral meeting with Alain Berset, the President of the Swiss Confederation…
Author: Aruna Sharma
(LiveMint) Government think tank NITI Aayog is working to revamp the existing system of identifying medicines for price control, two persons aware of the matter said. The Prime Minister’s Office (PMO) asked NITI Aayog to intervene after pharma lobby groups expressed their dissatisfaction over the proposed pharmaceuticals policy, the people cited above said on condition of anonymity. These groups also showed their concern over the way National Pharmaceutical Pricing Authority (NPPA) currently fixes price caps. “The PMO has asked Niti Aayog to prepare a road map and submit a report to the PMO based on their consultations with the pharma lobby…
(AU) जम्मू-कश्मीर के अनंतनाग जिले के कोकरनाग के लारनू इलाके में आतंकियों के छिपे होने की खबर के बाद कासो चलाया गया। इस दौरान आतंकियों ने पुलिस पार्टी पर फायरिंग की और जंगल की ओर भाग गए। सुरक्षाबलों ने आतंकियों का पिछा कर उन्हें घेर लिया है। सुरक्षाबलों ने एक आतंकी को मार गिराया है। फिलहाल सुरक्षबलों और आतंकियों के बीच मुठभेड़ जारी है। बता दें कि, सोमवार को जम्मू-कश्मीर के बडगाम जिले के चडूरा के जुहामा इलाके में सुरक्षाबलों और आतंकियों के बीच मुठभेड़ हुई थी। इस एनकाउंटर में एक आतंकी को मार गिराया गया था। मारे गए आतंकी की पहचान रहमान भाई…
(LiveMint) The government will tomorrow begin sale of 1.5% stake in NMDC at a floor price of Rs153.50 apiece, with an option to retain over-subscription of equal quantum. The two-day offer for sale (OFS) will open for institutional investors on Tuesday and for retail investors on Wednesday. Sale of 1.5% would fetch Rs750 crore to the exchequer, a person familiar with the matter said. The stake sale will have a green-shoe option to retain over-subscription of a further 1.5%, the person added. Shares of NMDC closed at Rs161.85, up 2.11% on the BSE. The floor price of Rs153.50 is at a…
(PTI) India hit back on Monday at Washington’s latest legal assault on its solar power policies at the World Trade Organization, rejecting a U.S. legal claim and exploring possible new protection of India’s own solar industry. Last month the United States triggered a new round of litigation at the WTO, arguing that India had failed to abide by a ruling that it had illegally discriminated against foreign suppliers of solar cells and modules. In a statement published by the WTO on Monday, India said it had changed its rules to conform with the ruling and that a U.S. claim for punitive…
(ET) Coal India has raised prices of thermal coal by an average 9%. The decision was taken at a board meeting held on Monday while revised prices would be effective from Tuesday. It will make power generation costlier by a similar percentage. Cost of cement and fertiliser production is also expected to rise as a result. The revised prices would be applicable to all subsidiaries of Coal India including North Eastern Coal field North Eastern Coalfields. It is estimated to fetch the company an extra revenue of Rs 6,421 crore that would cover additional outgo of about Rs 5,700 crore on…
(TH) The Indian Oil Corporation (IOC) must abandon work on its cooking gas receiving jetty and storage facilities on Puthuvype island near Kochi as the project was unviable in such a thickly populated area, said a group of environmentalists led by former chairman of Kerala State Biodiversity Board V.S. Vijayan at a press conference here on Monday. He said the project did not need a sea-face for its operations and it was not necessary that it was established on Puthuvype island. The public sector oil company could look at more viable places such as Ambalamugal if there was space, he…
(DJ) विदेशी धरती पर एक बार फिर राहुल गांधी ने कांग्रेस की गलतियों को स्वीकारा है। कांग्रेस अध्यक्ष राहुल गांधी ने माना है कि उन्होंने पहले गलतियां की हैं, लेकिन अब देश को एक नई कांग्रेस देने का इरादा है। इसमें भारत के लिए एक परिकल्पना होगी तो उसे पूरा करने के लिए जज्बा और रोडमैप भी होगा। बहरीन में भारतीय प्रवासियों को संबोधित करते हुए उन्होंने यह बात कही। बता दें कि राहुल गांधी सोमवार से बहरीन में शुरू हुए ग्लोबल ऑर्गेनाइजेशन ऑफ पीपुल ऑफ इंडियन ओरिजिन (जीओपीआइओ) के तीन दिवसीय समारोह में मुख्य अतिथि थे। इस समारोह में…
(FE) Despite the Narendra Modi government’s relative promptness in meeting the current demands of subsidies, at least Rs 1.25 lakh crore of past dues of major subsidies — four-fifths of that on food alone and the balance mostly on fertilisers — may remain unpaid to the designated agencies at the end of this fiscal. To that extent, the final fiscal numbers to be released in the next Budget will be dented. The 2017-18 Budget outlay for the three major explicit subsidies is Rs 2.4 lakh crore, with the share of food, fertiliser and petroleum being in a 6:3:1 ratio. Unless the prices…
(PTI) Government has extended the deadline for linking of biometric identification Aadhaar to small savings schemes like post office deposits, Kisan Vikas Patra by three months to March 31, 2018. “It has now been decided to extend the last date for submission of ‘Aadhaar’ number from December 31, 2017 to March 31, 2018,” a Finance Ministry notification said. The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and blackmoney. The depositor was required to submit Aadhaar number at the time of opening of account/purchasing certificates, it said.…