FM announces Rs 6 lakh cr asset monetisation pipeline

New Delhi: Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways. She also said the asset monetisation does not involve selling of land and it is about monetising brownfield assets. […]

CCI slaps Rs 200 cr penalty on Maruti Suzuki; says discount control policy violates competition norms

New Delhi: Competition Commission of India (CCI) on Monday imposed a penalty of Rs 200 crore on Maruti Suzuki for restricting discounts offered by its dealers and directed the country’s largest car maker to cease and desist from indulging in unfair business practices. Passing an order, the fair trade regulator also flagged practices like appointing […]

Solutions should come from farmers, department is ready to lend the helping hand: Advisor Farooq Khan

SRINAGAR: Advisor to Lieutenant Governor, Farooq Khan today suggested the farmers to propose solutions of their problems themselves. He asked them to be the drivers on the vehicle of problem solving instead of looking towards the administration only. The Advisor was speaking during an interactive session with farmers organised by Agriculture Department, Kashmir. During his […]

Navin chairs maiden meeting of Committee on implementation of dev package for agri, rural activities in JK

JAMMU: Principal Secretary, Agriculture Production & Farmers Welfare Department, Navin Kumar Choudhary, today convened first meeting of the Committee constituted for implementation of development package for agriculture and rural activities in Jammu and Kashmir (UT). Among others the meeting was attended by Chief General Manager, NABARD, Dr Ajay Kumar Sood; Vice Chancellor, SKUAST Jammu/ Kashmir, […]

Parliamentary Standing Committee visits multi level car parking building Anantnag

ANANTNAG: A 31 member Parliamentary Standing Committee headed by Chairman Jagdambika Pal today visited the multi level car parking Janglat Mandi and sewerage plant Pahalgam. The committee took stock of implementation of centrally sponsored projects besides assessing status of utilization of funds. The Principal Secretary, Housing and Urban Development Department, Dheeraj Gupta apprised the Committee […]

Federate all rural poor households into SHGs: Dr Sehrish

SRINAGAR: Mission Director, Jammu & Kashmir Rural Livelihoods Mission (JKRLM), Dr Syed Sehrish Asgar today convened a virtual meeting of all the officers and officials of JKRLM (Umeed) across J&K to discuss the action plan & implementation of Chief Secretary’s instructions for the formation of 11,000 SHGs by September 30th 2021. The meeting was attended […]

VC SKUAST attends farmers scientists interaction at Leh

SRINAGAR: Vice Chancellor, SKUAST (K), Prof. J. P. Sharma attended farmers scientists interaction at High Mountain Arid Agriculture Research Institute, Stakna Leh Ladakh. Director Extension, SKUAST-K, Dr. Dil Mohd Makhdomi addresses the activities of KVKs of Ladakh region. He appreciated HMAARI and Research Station for adopting Singay Lalok area which is remote and underprivileged area […]

FinMin summons Infy CEO after income tax portal faces fresh glitches

New Delhi: With the new I-T portal remaining unavailable for almost two consecutive days, the Finance Ministry has “summoned” Infosys MD and CEO Salil Parekh on Monday to explain to Finance Minister Nirmala Sitharaman the reasons for continued glitches even after over two months of launch. Meanwhile, the company in a late-evening tweet said emergency […]

IBA seeks licence to set up Rs 6,000-cr bad bank, RBI nod soon: Report

NEW DELHI: The Indian Banks’ Association (IBA) has moved an application to the Reserve Bank of India (RBI) seeking licence to set up a Rs 6,000-crore National Asset Reconstruction Company Ltd (NARCL) or bad bank, according to sources. NARCL was incorporated last month in Mumbai following the registration with Registrar of Companies (RoC). According to […]

Major tariff hikes by telcos unlikely in the short-run: Analyst

NEW DELHI: Telecom operators are likely to continue with minor tweaks in mobile plans but may avoid significant hike in broader tariffs in the short-run, as they prioritise market share gains amid ongoing sectoral challenges, according to a senior analyst at Deloitte India. Deloitte India, Partner and Telecom Sector Leader, Peeyush Vaish told PTI that […]