The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) between India and Portugal on cooperation in the field of IT&E. The MoU was signed on January 6, 2017 in New Delhi. The MoU will help in developing a long term and sustainable cooperation on the basis of equality and mutual interest in the areas of IT&E in line with each country’s laws and regulations.
Author: Aruna Sharma
(PTI) Demonetisation impact on GDP may be seen in the current quarter in some segments, while the remonetisation excersise should be completed in 2-3 months, RBI Deputy Governor Viral V Acharya said on Monday.Asked if spillover of notes ban could extend to January-March quarter, Acharya said the impact could be felt in some segments. “Ultimately, the cash shortage is like the liquidity shock and unless it had led to a substantial wealth destruction one would expect its effects to be quite temporary. I’m not saying that the temporary impact is not hard on some parts of the economy, you would…
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the Revised Cost Estimate-I of 400 MW Koteshwar Hydro Electric Project (HEP) in Uttarakhand at an estimated completion cost of Rs.2,717.35 crore. The project is being implemented by Tehri Hydro Development Corporation (THDC) India Limited. In addition to additional generating capacity of 400 MW of peaking power it will regulate releases from Tehri Reservoir for irrigation and drinking water supply. The reservoir of Koteshwar HEP will also act as lower reservoir for under construction Tehri PSP (1000 MW). Background: The Project has already been…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for signing of a Memorandum of Understanding (MoU) on Renewable Energy between India and Portugal. The MoU was signed on 6th January, 2017 in New Delhi. The MoU will help in strengthening bilateral cooperation between the two countries. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The MoU envisages constitution of a Joint Working Group which can co-opt…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for signing of the Definitive Agreement on Oil Storage and Management between Indian Strategic Petroleum Reserve Ltd (ISPRL) and Abu Dhabi National Oil Company (ADNOC) of UAE. According to the Agreement, the ADNOC will fill up 0.81 MMT or 5,860,000 million barrels of crude oil at ISPRL storage facility at Mangalore, Karnataka. Out of the crude stored, some part will be used for commercial purpose of ADNOC, while a major part will be purely for strategic purposes. The signing of the Agreement will…
(PTI) The State Bank of India (SBI) has decided to increase – by several times – the minimum balance required to maintain a savings account.The monthly average balance (MAB) requirement has been increased to as high as Rs 5,000 for branches in six metros. The minimum balance is expected to be raised from April 1. The move will hit 31 crore depositors, including pensioners and students.The benchmark for MAB and the penalties for not maintaining it are likely to be followed by other public sector banks. In the meanwhile, the government has asked SBI to reconsider it’s decision to raise…
(AU) पूर्वोत्तर राज्य मणिपुर में आठ मार्च को होने वाले दूसरे दौर के मतदान के लिए चुनाव प्रचार सोमवार को खत्म हो गया। इस दौर में राज्य के छह जिलों में फैली 22 सीटों पर वोट पड़ेंगे। लेकिन सबकी निगाहें थाउबल सीट पर टिकी हैं।यहां मुख्यमंत्री इबोबी सिंह के खिलाफ मानवाधिकार कार्यकर्ता इरोम शर्मिला मैदान में हैं। इबोबी सिंह के बेटे की किस्मत का फैसला भी इसी दौर में होना है। इन 22 सीटों के लिए चार महिलाओं समेत कुल 98 उम्मीदवार मैदान में हैं। चुनाव आयोग ने मतदान के लिए तैयारियां पूरी कर ली हैं। पहले दौर की तरह…
(LiveMint) The markets made a powerful comeback on Monday as the Sensex rallied almost 216 points and reclaimed the 29,000-mark on hopes the ruling Bharatiya Janata Party (BJP) would win the ongoing elections in Uttar Pradesh. The elections are the world’s largest this year and will have a key influence on Prime Minister Narendra Modi’s chances of clinching a second term in 2019. Election results are due out on Saturday. Sentiment was also boosted as the country moved a step closer towards launching a long-awaited Goods and Services Tax (GST) from July after a panel of central and state finance officials…
(AU) यूपी विधानसभा चुनाव के सातवें एवं अंतिम चरण के मतदान के लिए सोमवार को चुनाव प्रचार का शोर थम गया। प्रचार के अंतिम दिन सभी पार्टियों के दिग्गज नेताओं ने अपनी पूरी ताकत झोंकी। पीएम नरेंद्र मोदी जहां वाराणसी में परिवर्तन संकल्प रैली की, वहीं सीएम अखिलेश यादव और राहुल गांधी ने भी वाराणसी में अपनी ताकत दिखाई। मायावती ने भी अपनी जीत का दावा किया। फिलहाल सबकी नजरें 8 मार्च के मतदान और उसके बाद 11 मार्च के परिणामों पर टिक गई हैं। यूं तो चुनावी शोर थम गया है लेकिन अब ‘साइलेंट वार’ शुरू हो गया है जो…
(HT) The Supreme Court on Monday refused to stay the arrest of Gayatri Prajapati — a Minister in the Akhilesh Yadav government — for allegedly raping and blackmailing a woman. “It’s very unfortunate that its order for registration of FIR against Gayatri Prajapati is being given a political colour,” said a bench of Justice AK Sikri and Justice RK Agrawal while refusing to allow his plea to recall the order on lodging of FIR in the sexual assault case.