(TNIE) Union Minister Dharmendra Pradhan on Tuesday lauded the role of the Life Insurance Corporation (LIC) of India. Addressing the inaugural ceremony of the Triennial conference of LIC officers’ association here, Pradhan said the LIC played a major role in strengthening country’s economy. “The LIC has become an impartial and credible financial organisation. It has played a major role in strengthening the country’s economy,” Pradhan said.The Union Minister for Petroleum and Natural Gas also said that still there was a lot of potential for the major insurance company to tap.“There is a lot of potential for LIC to spread its wings,”…
Author: Aruna Sharma
(HT) With 24.50 lakh free cooking gas connections given to the BPL families, Rajasthan stands fifth in the country in implementing the Pradhan Mantri Ujjawala Yojana (PMUY) since its launch in May 2016, but there is a long way ahead before it can be called a fuel efficient state. According to the official data, 3.22 crore BPL families have been given cooking gas connections under the PMUY across the country. In Rajasthan, the number of households given free cooking gas connections under the scheme has crossed 24.50 lakh as on December 24 this year. However, Rajasthan still has a long…
(NDTV) Prime Minister Narendra Modi’s office has asked all government departments to prioritise the use of local products in state projects after domestic companies objected to a global tender by the railways ministry seeking tonnes of steel rails. The steel and rail ministries have been at loggerheads over the state-run network’s decision to buy rails from overseas, despite assurances of supply from local companies Steel Authority of India Ltd (SAIL) and Jindal Steel and Power. The steel ministry says the tender goes against the “Make in India” manufacturing push championed by PM Modi, who is under pressure to create jobs…
Delhi Chief Minister Arvind Kejriwal-led Aam Aadmi Party (AAP) opened its account in the civic elections. Huma Khan of AAP defeated the SP candidate from Sahaspur Nagar Panchayat in Bijnor, Reports Aruna Sharma in Governance Democracy&Politics (GDP), December Issue Independent candidate Nadira Khatun, a woman, won the corporator seat from ward 68 in Gorakhpur where Chief Minister Yogi Adityanath had cast his vote. It was reserved for women. BJP’s Maya Tripathi lost the seat to an independent candidate. However, the BJP has won 27 seats, the maximum in Gorakhpur. It is followed by 18 won by Samajwadi Party (SP) and two each won by…
(LiveMint) Finance minister Arun Jaitley on Thursday said the government’s financial position was under control despite a blip in economic growth rate seen in the June quarter ahead of goods and services tax (GST) rollout in July. The minister said fiscal deficit was under control and that the government will maintain its glide path for narrowing the gap between receipts and spending that is met through borrowing. Current account deficit, which narrowed in the September quarter to 1.2% of gross domestic product, too is under control, the minister told Lok Sabha while replying to a discussion on the second supplementary demand…
(BS) In the long-pending tender issued by the Gujarat government for wind power projects discovered a new low tariff of Rs 2.43 per unit. Leading players, including Actis Energy fund-backed Sprng Energy quoted Rs 2.43/unit, French electric company ENGIE, UK’s EDF Energy, Gujarat based K P Energy and Powerica Limited, which quoted Rs 2.44/unit for different capacities, were declared winners. Gurgaon-based ReNew Power quoted Rs 2.45 per unit as the winning bid for 200 MW but will get 17.9 Mw as the bidding follows bucket fill method. Sprng was allocated 197 Mw. Capacity of 75 Mw was kept aside for a public sector utility to…
(FirstPost) The Bharatiya Janata Party (BJP) clinched victory in Himachal Pradesh by a convincing two-thirds majority, winning 42 out of 68 seats. But it lost the one seat that really mattered: Sujanpur constituency, where the party’s chief ministerial candidate Prem Kumar Dhumal was contesting against Congress’ Rajinder Rana. The BJP doesn’t usually name its chief ministerial candidate before an election unless it’s the incumbent party. For instance, Trivendra Singh Rawat and Yogi Adityanath were named chief ministers of Uttarakhand and Uttar Pradesh only after the election results had been announced in favour of BJP. Even in Maharashtra, the party contested the Assembly elections…
(DJ) जीएसटीएन के पोर्टल में तकनीकी खामियों को दूर करने के लिए सरकार की कोशिशें धीरे-धीरे रंग ला रही हैं। इसका संकेत इस तथ्य से मिलता है कि समय पर जीएसटी रिटर्न दाखिल करने वाले कारोबारियों की संख्या लगातार बढ़ रही है। नवंबर के लिए करीब लाख कारोबारियों ने जीएसटीआर-3बी दाखिल किया है। जीएसटी में पंजीकृत कारोबारियों को हर माह इस रिटर्न फॉर्म को भरना होता है। नवंबर महीने के लिए यह रिटर्न भरने की अंतिम तारीख दिसंबर थी। सूत्रों के मुताबिक नवंबर में 80.69 लाख कारोबारियों को जीएसटीआर-3बी दाखिल करना था। इसमें से करीब 61 प्रतिशत ने यह फार्म…
(LiveMint) Tata Consultancy Services Ltd (TCS) has won a $2.25 billion outsourcing contract, the largest ever bagged by an Indian information technology firm, from television ratings measurement company Nielsen. The deal marks the renewal of TCS’s engagement with Nielsen, which first awarded a $1.2 billion, 10-year contract to the Mumbai-based company in 2007. In 2013, the deal size was more than doubled to $2.5 billion and extended by three more years until 2020. The renewal of the deal is considered a shot in the arm for Rajesh Gopinathan, who took over as chief executive officer in February after his predecessor N.…