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Pramiti Lonkar

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Government plans to utilise 480 highway projects to raise funds from banks: Nitin Gadkari

BUSINESS

Government plans to utilise 480 highway projects to raise funds from banks: Nitin Gadkari

"We have 480 bankable projects today for which we can raise loans and repay it," said Gadkari.

Budget 2020: Highway sector allocation may increase by Rs 8,000-10,000 cr

BUSINESS

Budget 2020: Highway sector allocation may increase by Rs 8,000-10,000 cr

The Road Ministry plans to allot 22 new greenfield corridors comprising six expressways and 16 greenfield corridors this year, covering a span of 7,500 km.

Infra loans: Have spoken to RBI Governor Shaktikanta Das, says Nitin Gadkari

BUSINESS

Infra loans: Have spoken to RBI Governor Shaktikanta Das, says Nitin Gadkari

"I met the RBI Governor on Sunday (January 12). I have requested him to allow infrastructure loan financing for a period of 30 years. He has taken note of my request," said Gadkari.

Remove curbs on peas, urad imports: IPGA

ECONOMY

Remove curbs on peas, urad imports: IPGA

The Ministry of Commerce last month levied Rs 200 per kg as minimum import price (MIP) on peas.

Nobel laureate Abhijit Banerjee suggests govt not cut corporate tax further, should focus on demand

BUSINESS

Nobel laureate Abhijit Banerjee suggests govt not cut corporate tax further, should focus on demand

The economist suggested the government should consider direct cash incentives to boost demand.

Barco India MD Rajiv Bhalla bullish about healthcare and entertainment sectors

BUSINESS

Barco India MD Rajiv Bhalla bullish about healthcare and entertainment sectors

"There is a huge potential for cinema screen expansion in India. In the healthcare space, several hospitals still use consumer grade displays," he said.

Indian corporate entities concerned about negative impact of climate change on economy: Report

BUSINESS

Indian corporate entities concerned about negative impact of climate change on economy: Report

"As weather conditions become increasingly more severe across the globe, it is crucial that businesses across India have access to timely and accurate weather data to be prepared," said Cameron Clayton, General Manager, IBM Watson Media and Weather.

Here's all you need to know about Ships Recycling Bill, 2019

BUSINESS

Here's all you need to know about Ships Recycling Bill, 2019

The Bill paves the way for global ships to enter Indian shipyards for recycling.

Ship Recycling Bill will double India's share in recycling industry, increase jobs : Shipping Minister Mansukh Lal Mandaviya

BUSINESS

Ship Recycling Bill will double India's share in recycling industry, increase jobs : Shipping Minister Mansukh Lal Mandaviya

At present, around 1000 merchant ships are recycled every year, of which thirty percent are sent to India for recycling.

Walmart launches training programme for MSMEs

BUSINESS

Walmart launches training programme for MSMEs

MSMEs will be equipped for both online and offline growth, aiding to become a part of the supply chains of Flipkart, Walmart Global Sourcing and Walmart India.

Will discuss GST-related issues of MSMEs with FM Nirmala Sitharaman: Nitin Gadkari

BUSINESS

Will discuss GST-related issues of MSMEs with FM Nirmala Sitharaman: Nitin Gadkari

He said that MSME is an important sector and its vibrancy is crucial to achieve the target of becoming a $5 trillion economy.

New energy policy to be finalised by govt: NITI Aayog Additional Secretary

BUSINESS

New energy policy to be finalised by govt: NITI Aayog Additional Secretary

He said that the government may work on a cell manufacturing policy in the future to encourage domestic manufacturing of battery used in electric vehicles, keeping in line with the Make in India initiative.

FASTags to be available for free at toll plazas from November 22 till December 1

BUSINESS

FASTags to be available for free at toll plazas from November 22 till December 1

Nitin Gadkari said that 90 percent of the toll lanes have been made FASTag compliant.

Nitin Gadkari directs NHAI to ensure smooth implementation of FASTags

BUSINESS

Nitin Gadkari directs NHAI to ensure smooth implementation of FASTags

Gadkari emphasised that the project should be implemented with the idea of minimising waiting period at the toll plazas.

Railways committee to look into land cost for Chennai Port's off-site facility at Jolarpet

BUSINESS

Railways committee to look into land cost for Chennai Port's off-site facility at Jolarpet

The facility has been planned as a container freight station to ease clearances and enable direct cargo transportation to the port. Once built, the cargo will be transported directly by train from Jolarpet to Chennai port.

Govt to set up Agri Entrepreneurial Cell for startups

BUSINESS

Govt to set up Agri Entrepreneurial Cell for startups

Dalwai asked for industry inputs on how this fund should be utilised. He listed out the five key areas where agri startups should look to innovate.

OTT platforms should be self regulated: I&B Secy Amit Khare

BUSINESS

OTT platforms should be self regulated: I&B Secy Amit Khare

Khare emphasised that the media and entertainment industry has been predominantly private across television, films and OTT offerings.

Maharashtra tops list in delivering justice to citizens, Goa among smaller states

BUSINESS

Maharashtra tops list in delivering justice to citizens, Goa among smaller states

The India Justice Report suggests improving transparency across the judicial system by ensuring publication of verified, disaggregated, accurate and timely data for policymaking.

Khadi gets separate unique HS code, exports to get a boost

BUSINESS

Khadi gets separate unique HS code, exports to get a boost

The code was issued by the Central government on November 4.

India will reduce dependence on oil imports by 10% by 2022: Dharmendra Pradhan

BUSINESS

India will reduce dependence on oil imports by 10% by 2022: Dharmendra Pradhan

The government will ensure that energy transition is secure, affordable and reliable.

Statue of Unity will create economic activity worth $15 billion: Piyush Goyal

INDIA

Statue of Unity will create economic activity worth $15 billion: Piyush Goyal

He said that unlike other developing countries, India can leapfrog into modern technology at a faster pace.

Tata Power joins hands with The Rockefeller Foundation for microgrids project

BUSINESS

Tata Power joins hands with The Rockefeller Foundation for microgrids project

The company aims to provide clean power to nearly 5 million households across 10,000 grids. The first 200 grids have already been identified and will be rolled out in the next six months.

Roads sector will spur economic growth: VK Singh, MoS Road Transport

INDIA

Roads sector will spur economic growth: VK Singh, MoS Road Transport

"We have basket of projects worth Rs 15 lakh crore. We need to find the solutions to issues so that these projects can take off," said Singh.

Government renames Chenani-Nashri tunnel after Dr Shyama Prasad Mookerjee

BUSINESS

Government renames Chenani-Nashri tunnel after Dr Shyama Prasad Mookerjee

The 9.2 km long tunnel in Jammu and Kashmir was inaugurated in 2017 by PM Narendra Modi.

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