Even as the government has exceeded the target of raising disinvestment proceeds of Rs 72,500 crore in the current fiscal, the question of enhancing the CPSE’s efficiency largely remains unanswered. Government’s move of
It’s Monday afternoon. The otherwise spick and span organic waste converter (OWC) room in the backyard of Mindspace IT Park in Airoli, Navi Mumbai, is emitting a strong odour – like that from leftovers. People carrying big plasti
As many as five articles of the Constitution may have to be amended so as to pave the way for holding assembly polls along with the general election. While giving its views after getting advice on the matter from the Election Commis
Lokpriya Gopinath Bordoloi International airport in Guwahati is scheduled to get a swanky new integrated terminal building by 2021. Aviation minister P Ashok Gajapathi Raju laid the foundation stone for the new integrated terminal building,
Achieving an important milestone towards the completion of its modernisation and expansion programme, SAIL’s Bhilai Steel Plant (BSP) has blown in the blast furnace (BF) number 8 –Mahamaya successfully. It is the first s
India might actually be able to reduce its fiscal deficit to 3 percent by 2019-2020, said a top official. “Fiscal Deficit at 3.3% for 2018-19, backed with statutory commitment to bring it down to 3% by 20-21 (might actually be
GAIL (India) has placed an order of Rs 440 crore for laying of 350 km of pipeline from Vijaipur in Madhya Pradesh to Auraiya in Uttar Pradesh. This is a part of the spurline of around 665 km from Vijaipur to Phulpur (Uttar Pradesh).
Commemorating 25 years of India-ASEAN relationship, Airports Authority of India has signed an agreement with Lao air traffic management, department of civil aviation, Lao PDR for providing SkyRev360, a comprehensive e-data gathering, invoicing and
The union budget will boost investments, accelerate innovation and generate new career opportunities, felt experts who noted that the focus on Artificial Intelligence is a timely move. Union minister Arun Jaitley presented the budge
Country’s largest power producer NTPC has listed its USD 6 billion (around Rs 40,000 crore) medium-term note (MTN) programme on India International Exchange at IFSC, GIFT City (India INX). With this, NTPC has become India&rsqu
Chief Minister of Tamil Nadu, Edappadi K. Palaniswami laid the foundation stone of 1320 MW Udangudi supercritical thermal power project in Chennai, valued at Rs 7,359 crore. The project has been awarded to Bharat Heavy Electricals L
GAIL (India) Limited has kicked off pipeline construction work in West Bengal to provide gas supply to Matix Fertilizers, Durgapur. The project is being executed as a part of Pradhan Mantri Urja Ganga pipeline project i.e. Jagdishpu
It’s 1 pm and the place is not crowded. The usual lunch hour rush and long queues are surprisingly missing from the Amma canteen in Santhome, Chennai. There is a murmur in the large, clean hall. The menu is still the same as in 2013, curd ri
"It is a growth oriented budget. What we are doing now for the agriculture sector should have been done 20-30 years ago otherwise there will be food inflation and food crisis,” says Gaurang Shah, head investment strategist, Geojit Finan
Prime minister Narendra Modi used the occasion of the budget presentation by finance minister Arun Jaitley to launch a “political psy-op”, to borrow a phrase used by intelligence agencies, to wear out the adversaries. Much before the n
The budgetary allocation for health has increased by 11.5 percent this year. It has increased to Rs 52,800 crores in 2018-19 from Rs 47,353 in 2017-18. Government in the budget 2018 has taken health care to an aspirational level. It
Finance and corporate affairs minister Arun Jaitley said that to carry the business reforms for ease of doing business deeper and in every state, the government has identified 372 specific business reform actions. “All states have take
In 2018 budget the government has announced tax incentives for the ‘operational’ international financial services centre, aka IFSC, at GIFT city, located between Ahmedabad and Gandhinagar. GIFT city IFSC, modelled on the lines of inter
As the government allocates Rs 1.48 lakh crore for the railways for 2018-19, it is expected that this would improve safety and create better infrastructure. The railways got the Capex of Rs 1.31 lakh crore with the gross budgetary s
