Monday 27 June 2016

Coastal shipping of commodities to save Rs 40,000 crore/year: Government

NEW DELHI: Promoting coastal shipping of just six commodities, including coal, cement and steel, could result in a huge Rs 40,000 crore annual saving, according to government estimates. saving Of the total, coastal shipping of thermal coal alone could result in savings of about Rs 20,000 crore while promoting steel and cement would save an annual Rs 5,500 crore and Rs 4,000 crore, an official said.

India needs $1.5 trillion for infrastructure: Arun Jaitley

BEIJING: India needs over $1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a

Exports from SEZs up marginally at Rs 4.67 lakh crore in FY16

NEW DELHI: Exports from special economic zones (SEZs) logged a marginal growth of 0.77 per cent to Rs 4.67 lakh crore in 2015-16. The exports from such 204 zones were Rs 4.63 lakh crore in

India hopeful of long-term pulses supply from Mozambique

NEW DELHI: Under pressure to control pulses prices, the Centre is hopeful of clinching a long-term deal with Mozambique for assured supply of lentils after the two countries had positive talks last

India preparing projects worth $2-3 billio for funding by AIIB: Arun Jaitley

BEIJING: India is preparing a basket of projects worth $2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development and energy and is ready to set up an office of the China-backed bank in New Delhi. Finance Minister Arun Jaitley made the offer to set up AIIB branch in India while addressing the Board of Governors Session of the Annual General Meeting (AGM) of the bank headquartered here yesterday. 

Commerce department seeks Cabinet nod to expand Asia-Pacific Trade Pact

NEW DELHI: The commerce department has sought cabinet approval to expand the Asia Pacific Trade Agreement (APTA), focusing on areas that will encourage domestic manufacturing as part of

India to tap Israel's renowned drip irrigation expertise

JERUSALEM: India will tap Israel's globally recognised drip irrigation skill during the upcoming visit of Water Resources Minister Uma Bharti to the country aimed at exploring possibilities of using

Cotton farmers confused as forecasts unpredictable as weather

 Policy makers and agricultural experts are not too sure whom to trust when it comes to weather and this is hampering them from taking the right decision on planting, especially cotton crop. While some

Tea auction throughout the whole country has gone under dead lock

All the tea auction centers in India witnessed an unprecedented situation today when almost all the buyers refrained from lifting any stock with a warning to continue this in forthcoming auctions too. It

Food Corporation of India to raise Rs 20,000 crore short-term loan

NEW DELHI: State-run Food Corporation of India (FCI) has invited bids from the scheduled banks for raising short-term loan of Rs 20,000 crore to meet the cost of procurement.

India should embrace GM foods, says American scientist

NEW DELHI: As India grapples with whether to introduce the first genetically modified food crop in the form of genetically modified mustard into the farmer's fields or not, a top American genetic

Inadequate production spikes prices of pulses: CEA Arvind Subramanian

PATNA: Chief Economic Advisor Arvind Subramanian today said under-cultivation of pulses and their inadequate production have led to spike in prices, but vegetable prices have more to do with market forces than production. Besides, there has been a shift in dietary habit in which pulses have

Monsoon gathers momentum, sowing picks up

Monsoon gathers momentum, sowing picks up
PUNE: The monsoon has bounced back emphatically and is on track for a strong run in the weeks ahead, cheering farmers who were rattled by the unexpected lean patch with rainfall 25% below

Telangana Assembly to pass resolution for 12% Muslim quota: K Chandrasekhar Rao

HYDERABAD: Telangana government will convene a special session of Legislative Assembly to pass a resolution granting 12 per cent reservation to Muslims and will send it to Central government, Chief Minister K Chandrasekhar Rao said today. The Telangana Rashtra Samithi (TRS), headed by

Gujarat government slashes LED bulb price under Ujala scheme

AHMEDABAD: The Gujarat government today announced reduction of Rs 10 in price of LED bulbs distributed to citizens under the Ujala scheme, which was launched in the state a month ago. From

Arvind Kejriwal pushing Delhi into constitutional crisis: Delhi BJP

NEW DELHI: Delhi BJP executive meeting today slammed Chief Minister Arvind Kejriwal for allegedly pushing the national capital into a "constitutional crisis" by his "autocratic, anarchic and whimsical attitude". In a two-part resolution, adopted by the committee, it hailed Prime Minister

Emergency was a black chapter in Indian democracy Jharkhand Chief Minister Raghubar Das

RANCHI: Jharkhand Chief Minister Raghubar Das today said the Emergency imposed in 1975 was a black chapter in Indian democracy. Addressing a programme here in presence of Union Home Minister Rajnath Singh, Das said without any reason atrocities had been committed on opponents

BJP will retain power in Rajasthan: CM Vasundhara Raje

JAIPUR: Rajasthan chief minister Vasundhara Raje today said BJP would be able to retain power in next state assembly election in 2018 as well as at Centre in the 2019-Lok Sabha poll. Addressing the

Sharad Pawar targets Devendra Fadnavis over Rajya Sabha berth to Maratha royal

KOLHAPUR: NCP chief Sharad Pawar today took a potshot at Chief Minister Devendra Fadnavis over nomination of Sambhaji Raje, a descendant of Chhatrapati Shivaji and Shahu Maharaj, to the

India consider umbrella legislation on climate change

.NEW DELHI: India is considering the possibility of bringing an umbrella legislation on climate change to move ahead towards the ratification of the Paris climate agreement—a legacy that the US President Barack Obama wants to leave before his term draws to an end.

PM Modi slams Emergency, says all for Jan-Bhagidari

NEW DELHI: Prime Minister Narendra Modi underlined the need to strengthen democracy on the anniversary of the national Emergency and reiterated that his government is committed to ensuring

Prashant Bhushan writes to PM Narendra Modi, seeks India government mint chief's removal

NEW DELHI: Lawyer-crusader Prashant Bhushan has sought the removal of the head of the India government mint, terming his appointment illegal. In a letter to Prime Minister Narendra Modi, Bhushan has complained about the "undue and illegal continuance" of Security Printing & Minting

Telangana judges quit en masse

HYDERABAD: In a sign of open defiance, scores of judges, for the first time, took to city streets on Sunday protesting the allotment of Andhra-origin judges to Telangana courts, with a staggering 120

India's journey to becoming a nuclear power

Unlike other minerals, uranium, the main fuel for nuclear reactors, is not freely traded. The technology of building nuclear reactors is clos

JD(U) dubs NSG blockade as Modi govt’s ‘biggest foreign policy failure’

The Centre has been on the opposition's radar over the failed attempt for membership in the NSG, which called it as a diplomacy failure of the Modi government.

BJP President Amit Shah to address party workers in Barabanki, Uttar Pradesh

The meeting will be attended by booth workers of the party from 14 districts and Shah is likely to give them tips on booth managementBharatiya Janata Party (BJP) president Amit Shah is set to address a party workers convention in Uttar Pradesh’s (UP) Barabanki district on Monday.Shah will

Chile beat Argentina 4-2 on penalties to retain Copa America

Chile upset favourites Argentina with a penalty shootout victory in the Copa America final at MetLife Stadium on Sunday to retain their title in the world’s oldest continental soccer competition.
Chile earned themselves bragging rights as South America’s dominant team as they beat heavyweights Argentina 4-2 on penalties for a second straight year.
Lionel Messi missed from the spot in the shootout, cutting a dejected figure after the result was sealed and Argentina’s trophy drought had been extended to 23 years.

Eden Hazard inspires Belgium to 4-0 defeat

Eden Hazard score one and assisted another alongside Toby Alderweireld, Michy Batshuayi and Yannick Carrasco to give Belgium the win.

Germany cruise into last eight with 3-0 Slovakia win

Germany thumped Slovakia 3-0 with goals from Jerome Boateng, Mario Gomez and Julian Draxler to cruise into the Euro 2016 quarter-finals on Sunday and confirm their status as tournament favourites with a sparkling performance.

Australia win Caribbean tri-series, beat West Indies in final

Matthew Wade, Mitchell Marsh and Josh Hazlewood starred as Australia defeated the West Indies by 58 runs to win the one-day tri-series final on Sunday.
Wicketkeeper Wade struck an unbeaten 57 off 52 balls to push Australia to a competitive total of 270-9. Allrounder Mitchell Marsh scored 32 runs and took 3-32 to help undermine the West Indies’ chase, and paceman Hazlewood claimed 5-50 as the home team was bowled out for 212 in 45.4 overs.