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News Updates: Cabinet approves new gas pricing formula, imposes cap to keep rates of CNG, piped cooking gas under check

News Updates: The Union Cabinet on April 6 also approved Indian Space Policy, 2023, said minister Jitendra Singh

April 06, 2023 / 22:49 IST
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  • April 06, 2023 / 22:49 IST

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  • April 06, 2023 / 22:39 IST

    Himachal sets up committee to study legalising cannabis cultivation

    A five-member committee has been set up in Himachal Pradesh to study the issue of legalising cannabis cultivation, and it would submit a report within a month. The committee of MLAs was set up by Speaker Kuldeep Singh Pathania on the advice of Chief Minister Sukhvinder Singh Sukhu. The Committee, headed by Revenue Minister Jagat Singh Negi, would have chief parliamentary secretaries (CPS) Sunder Singh, and three other MLAs -- Hans Raj, Puran Chand Thakur and Janak Raj -- as members.

  • April 06, 2023 / 22:23 IST

    CCI approves SREI Infra Finance's acquisition by NARCL, IDRCL

    Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company Ltd and India Debt Resolution Company Ltd. The deal has been cleared under the green channel route. National Asset Reconstruction Company Ltd (NARCL) is an asset reconstruction company while India Debt Resolution Company Ltd (IDRCL) provides debt management services to NARCL. Both entities are backed by the Government of India.

  • April 06, 2023 / 22:11 IST

    Gaganyaan: ISRO successfully completes human-rated engine test campaign

    ISRO on Thursday said it had completed the final long-duration hot test of human-rated L110-G Vikas engine for the planned qualification duration of 240 seconds, marking a major milestone in the journey towards the launch of the Gaganyaan human spaceflight programme. The test was carried out at the ISRO Propulsion Complex (IPRC), Mahendragiri, Tamil Nadu.

  • April 06, 2023 / 21:59 IST

    Sikkim govt asks people to wear face mask in view of surge in COVID-19 cases

    The Sikkim government on Thursday issued an advisory asking people to wear face mask in public places in view of surge in COVID-19 cases in the state and in the country. The Himalayan state reported 23 new COVID-19 cases during the day, taking the tally to 44,390, a health department bulletin.

  • April 06, 2023 / 21:46 IST

    King Charles III supports probe into monarchy's slave ties

    King Charles III for the first time has signalled support for research into the British monarchy's ties to slavery after a document showed an ancestor with shares in a slave-trading company, a Buckingham Palace spokesperson said Thursday. Charles takes the issue "profoundly seriously" and academics will be given access to the royal collection and archives, the palace said.

  • April 06, 2023 / 21:35 IST

    MCA extends IL&FS chairman's term till September

    The Ministry of Corporate Affairs (MCA) has extended the term of C S Rajan as non-executive chairman of IL&FS up to September 30, 2023. Besides, the ministry has also extended the term of Nand Kishore as managing director of IL&FS up to March 31, 2024. This has been taken on record by the board, IL&FS said in a statement.

  • April 06, 2023 / 21:21 IST

    FinMin sets up panel to review pension system for govt employees

    Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The committee would suggest whether in the light of the existing framework and structure of the National Pension System (NPS), as applicable to government employees, any changes therein are warranted.

  • April 06, 2023 / 20:59 IST

    Cabinet approves Indian Space Policy, 2023: Union minister Jitendra Singh

    The Cabinet Committee on Economic Affairs (CCEA) on April 6 approved the long awaited Indian Space Policy 2023. During a cabinet briefing, Minister for State for Science and Technology Jitendra Singh said that thepolicy would enhance the role of India's space department, give a boost to research, academia, start-ups and industry. Read More

  • April 06, 2023 / 20:58 IST

    Delhi COVID update

    National capital logs 606 fresh Covid cases; positivity rate at 16.98 percent

  • April 06, 2023 / 20:56 IST

    Cabinet approves new gas pricing formula, imposes cap to keep rates of CNG, piped cooking gas under check

    The Cabinet Committee on Economic Affairs, in its meeting on April 6approved recommendations of the Kirit Parikh committee on natural gas.

    Cabinet approved floor of $4/MMBtu price for APM gas, ceiling of $6.5/MMBtu as against current rate of $8.57.

  • April 06, 2023 / 20:47 IST

    FinMin sets up committee to review pension system for govt employees


    Finance Ministry to form a 4-member panel headed by Finance Secretary TV Somanathan


  • April 06, 2023 / 20:40 IST

    Dollar rises vs most currencies as US nonfarm payrolls loom

    The dollar gained against most of its peers on Thursday in thin trading, as investors consolidated positions and pondered how pivotal U.S. jobs data coming out on a stock trading holiday might impact Federal Reserve policy and unleash a potentially volatile market reaction. The U.S. stock market is closed on Good Friday and some European countries are shut on Monday as well.

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