'Neither farmers nor farm labourers will benefit from these jumla announcements of the finance minister'
External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.
Trai has recommended permission to allow FM radio channels to broadcast news and an increase in FDI cap.
Finance Minister Nirmala Sitharaman on Tuesday, April 11, 2023, met with US Treasury Secretary Janet Yellen in Washington, DC.
Taking a strong view of Google pulling out some apps from its Play Store, the government on Saturday said delisting of Indian apps cannot be permitted and that the tech company and the startups concerned have been called for a meeting next week. In an interview to PTI, IT and Telecom Minister Ashwini Vaishnaw said the startup ecosystem is key to the Indian economy and their fate cannot be left to any big tech to decide. The minister's comments assume significance as Google on Friday began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments, even as apps and well-known startup founders cried foul.
The move would help in further promoting ease of doing business in the country.
The first private FM radio started airing its programmes in Srinagar on Monday.
This will be the first time that an FM radio station will be opened in any of the IITs in the country. The information and broadcasting ministry has already given a green signal to the project.
I&B ministry has called off the auctioning of vacant FM radio stations and postponed it indefinitely. This move has left 27 bidders in a lurch.
Suddenly, brand activation is big business for India's Rs 300 crore (Rs 3 billion) FM radio industry.
Months after the Pakistani army declared that the Taliban had been flushed out of Bajaur, the outfit's militants have resurfaced in the insurgency-hit tribal region and resumed broadcasts on their illegal FM radio channel warning the women against casting votes.
Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.
Union Finance Minister Nirmala Sitharaman on Tuesday said the mass consumption items such as pulses, wheat, rice, flour, and curd will not attract the 5 per cent goods and services tax (GST) when sold loose, and not pre-packed or pre-labelled. The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise. The all-powerful GST Council, chaired by the Union minister, had last month decided to impose GST on some mass consumption items to simplify the rate structure, which came into effect on Monday.
She said Prime Minister Narendra Modi has received the highest civilian awards from 13 countries, including six with predominantly Muslim population.
According to sources, the proposal regarding 'grant of approval to the transfer of shares by the FM radio company for the purpose of demerging the radio business has been submitted to the Cabinet for its consideration. Over a dozen private FM radio operators, including Reliance ADAG's Big FM, will stand to benefit from this move, experts say.
Media and entertainment major Star on Tuesday said it was looking to pick up stake in an Indian company for entry into the private FM radio sector.
The court had said "things are not spelt out as to what you (Centre) mean by security clearance.
He was commenting on a reply given by Jaitley to a question in Rajya Sabha.
On January 26, some testing was done by airing a programme. On March 6, recordings were done for a programme.
The finance minister has emphasised on the quick disbursal of additional loans to MSMEs, to simplify process, formats and documentation.
Addressing the inaugural session of the joint conference of chief ministers and chief justices of high courts in Delhi last year, Prime Minister Narendra Modi had appealed to them to give priority to cases related to undertrial prisoners languishing in jails and release them, as per law, based on human sensitivities.
Finance Minister Nirmala Sitharaman on Wednesday said the National Rural Livelihood Mission has achieved remarkable success by mobilising rural women into 1 lakh SHGs (self help groups).
This is the first Budget in Amrit Kaal, she said.
With no solution emerging in the legal battle between music companies and private FM radio operators over royalty rates, many of the 37 private FM radio companies have threatened to shut shop soon, restricting choices for over 200 million FM radio listeners to All India Radio channels.
The government on Thursday cleared guidelines of the much-delayed FM Radio Phase III expansion that will allow private radio channels to broadcast news of All India Radio and enable revenue generation of Rs 1,733 crore (Rs 17.33 billion) from the auction of license for services in 227 cities.
Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.
At present private radio stations are not allowed to broadcast news. The government's new move comes at a time when it is in the process of finalising the process for the third phase of FM radio expansion in India.
It will be the second FM radio operator to have listed on the BSE, after Entertainment Networks India Ltd that operates its radio business under the Radio Mirchi brand.
"But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June," Kharge said.
Radio Mid-Day West India Pvt Ltd, a subsidiary of Mid-Day Multimedia Ltd, has sent a conditional notice to Information and Broadcasting Ministry to surrender its FM license in Mumbai, effective Sunday.
Later, Sitharaman's office clarified that the FM had already met the industrialists, experts, and economists during the pre-budget consultations.
The government is planning to set up a facility that will monitor the programme content that is broadcast on FM Radio stations during the 12th five year plan.
Radio City 91 FM, an FM radio station jointly promoted by Music Broadcast Private Ltd and STAR TV, hopes to break even in next two years time, provided there is a slash in the FM radio broadcaster licensing fee.
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