Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.
West Bengal Chief Minister Mamata Banerjee on Thursday said that the state received investment proposals worth Rs 3.42 lakh crore during this year's business summit. Addressing the valedictory session of the Bengal Global Business Summit, she said that a total of 137 Memoranda of Understanding (MoUs) and Letters of Intent (LoI) were signed for the investments. Banerjee also said that the summit would create 40 lakh new jobs across sectors.
About 300 fintech firms are under investigation by the ED for allegedly partnering 38 non-banking financial companies for predatory lending practices to charge borrowers high interest rates.
In a statement, the SKM alleged that the government had not fulfilled any of the promises, including setting up a committee on minimum support price and withdrawal of cases against protesters, made to the farmers.
"Karnataka has always forged inclusive economic development and we must not allow such communal exclusion- If ITBT became communal it would destroy our global leadership. @BSBommai please resolve this growing religious divide," Mazumdar-Shaw said.
'If you persist in opposing the government, they set the ED or the NIA on you. And the courts have not given us much hope.'
What does Udhayanidhi's induction as minister mean? For the DMK, it indicates the future course, direction and leadership. It is continuity with change, and change with continuity, points out N Sathiya Moorthy.
'The government is doing away with crucial laws such as the Forest Conservation Act and the Environment Protection Act which had helped safeguard our forests.' 'The President has to show that she will stand in favour of tribal rights.'
Britain and China have clashed over the offer of British National Overseas passports to Hong Kong residents, observes Rup Narayan Das.
116 doctors treating COVID patients in Bihar have succumbed to the disease. The family of only one doctor has received compensation.
The Assam Public Works, the original petitioner in the Supreme Court which led to the updation of the National Register of Citizens six years ago, wondered whether the software used in the updation exercise was capable to handle so much data and if it was examined by any third party Information Technology expert.
The Standing Committee on Water Resources has recommended renegotiating the Indus Water Treaty with Pakistan to address the impact of climate change on water availability in the river basin and other challenges which are not covered under the agreement.
Pakistan and China on Wednesday inked several agreements and memoranda of understanding, including a pact on a system to manage the border between the Xinjiang autonomous region and Gilgit-Baltistan area. President Asif Ali Zardari and visiting Chinese Premier Li Keqiang witnessed the signing of the agreements by representatives of the two countries during a ceremony at the presidency.
The memoranda of understanding were signed during a day-long 2nd India-China Strategic Economic Dialogue in New Delhi.
Karnataka, Gujarat and Maharashtra are facing the worst drought in recent times, but the states should not play 'politics' by inflating their memoranda for central assistance, Union Minister Jairam Ramesh said on Friday.
Carrying different views on the controversial Koodankulam Nuclear Power Project, a delegation of Tamil Nadu Government and activists opposed to the plant will discuss the issue with Prime Minister Manmohan Singh in New Delhi on Friday.
'These charges of the prosecution will fall to the ground and I am 100 per cent sure of that.'
The Bahujan Samaj Party on Thursday claimed that Election Commission decision of covering statues of Uttar Pradesh Chief Minister Mayawati and party symbol elephant is one-sided and unjustified and was a violation of Article 14 of the constitution.
As per the well-established system, all the 249 public sector units are to sign a memorandum of understanding with their administrative ministries, setting the performance targets which are reviewed at the end of the fiscal year.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
UIDAI on Monday signed an MoU with State Bank of Hyderabad, following which it will act as a registrar for the unique identification project Aadhaar.
Dept seeks details of companies that signed Rs 1,000-cr MoUs.
India and the United States Tuesday signed six memoranda of understanding, including one on advancing global security and US-India Counterterrorism Cooperation Initiative.
These companies were identified through the India Innovation Growth Programme, an innovation contest through which the US firm identifies Indian research and development potential.
The first agreement that was signed was for cooperation on visa application formalities for airline staff of the two countries. The second, a Memorandum of Understanding, was signed between Chinese Ministry of Human Resources and Social Security and the Indian Ministry of Personnel, Public Grievances and Pensions, for cooperation in the field of civil services. A third and final Memorandum of Understanding was signed for cooperation in space technology.
MoUs range across pharma, telecom, IT and homeland security.
The Organising Committee of the games (CWG-OC) hopes to foster business ties with other Commonwealth nations and is in talks with South Africa, Scotland, Australia and the United Kingdom to sign agreements in the areas of IT, pharmaceuticals and tourism.
India Prime Minister Manmohan Singh will be visiting to Malaysia in September and is expected to sign the Comprehensive Economic Cooperation Agreement for opening up bilateral trade in goods and services, besides various avenues of investment.
In 2016, (till April 22), 64 proposals have been received.
The Gujarat International Finance Tec-City project in near-coma It was once seen as Gujarat Chief Minister Narendra Modi's reply to then counterpart Vilasrao Deshmukh's plans for a finance city in Mumbai.
'We are willing to suspend all memorandums of understanding (with mining companies) until we talk to the Communist Party of India (Maoist) and review them,' Home Minister P Chidambaram was quoted as saying by the Financial Times.
The pre-Budget memoranda of the Indian Drug Manufacturers Association and the Federation of Indian Chambers of Commerce and Industry have said more incentives are needed to spur drug research.
Bangalore and San Francisco on Monday signed seven Memoranda of Understanding (MoU) strengthening the "sister cities" arrangement. The MoUs were signed in the presence of Chief Minister B S Yedddyurappa and San Francisco Mayor Gavin Newsom.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
At ground level, Trinamool leaders are quite reasonable and supportive. But TC is such a party where opinions of the grassroot-level people don't matter. The party has decided to oppose whatever development work we undertake, says
The contraction in November this year is the second biggest fall in the current financial year.
In the past five or six years, the state has received investments worth around Rs 80,000 crore (Rs 800 billion) -- on the ground -- not counting the memoranda of understanding and plans like Mittal's, that are yet to take off.
And the response it received was tremendous: About 7,200 memoranda of understanding, worth Rs 7,000 crore (Rs 70 billion), have been signed. The MoUs aim to generate more than 2,80,000 jobs in Gujarat. What's more, four major banks, including State Bank of India and Commonwealth Microfinance India from the UK, signed MoUs worth Rs 60,000 crore (Rs 600 billion) with the Gujarat government to support the SME sector.
The centres would be set up as a result of the memoranda of understanding signed by the UAE earlier with several labour-sending countries, Dr Ali Bin Abdullah Al Ka'abi, minister of labour, said. They are expected to curb the exploitation of workers by unscrupulous agents.
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