The Union Cabinet on Monday cleared the proposal to set up Cabinet Committee on Investment under the Chairmanship of Prime Minister Manmohan Singh to accord expeditious approval to projects of over Rs 1,000 crore (Rs 10 billion).
Inviting private sector in Indian Railways is a good idea.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
President Pranab Mukherjee has given nod to re-promulgation of the controversial land ordinance, which could not be converted into law during the recently concluded Budget Session of Parliament, for the third time.
'Some of the associations have not got funds for three years and they don't have reserves while others have done infrastructural work by digging into fixed deposits. Now they are supposed to get at least 105 crores (Rs 35 Cr x 3 years) plus interest. But I don't think anyone will get that kind of money at one go'
Unlike the earlier experience post the global financial crisis, where nearly 90 per cent of the restructuring happened in the corporate loans, the non-corporate segment, which includes small businesses, agricultural loans and retail lending, will account for a higher share this time.
'Banking is a business of trust.'
Highlighting the pendency of cases in various courts of the country, he said Indian legal system is marked by long delays and some of the reasons for it are infrastructure gaps and considerable vacancies, particularly in subordinate courts.
New policy to give greater flexibility to foreign players.
The final inspection will take place later this year following which the venue of the FIFA U-17 Women's World Cup India 2020 will be named.
The committee was appointed by market regulator Sebi in December 2009 to review the ownership and working of capital market infrastructure institutions.
Besides Deepak Parekh, who heads financial institution HDFC, other committee members include key representatives of major banks and infrastructure finance institutions.
China, a veto-wielding member of the United Nations Security Council and a close ally of Pakistan, has repeatedly foiled India's bid to list Azhar as a global terrorist, saying there is no consensus in the top organ of the world body on this issue.
Spiraling steel prices led the government to cut customs duty by 2.5-5.5 per cent on a range of products from semi-finished to flat and long products for the benefit of MSMEs, that have been at the receiving end.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
Brazil and Portugal are unlikely to send their football teams to the Lusofonia Games beginning November 2 in Goa even as some of the participating nations have expressed their reservations on the infrastructure being put up in the state.
Mike Fennell, President of the Commonwealth Games Federation, was more than assertive when he held the Organising Committee of the Delhi Commonwealth Games responsible for the mess and delay in building infrastructure for the Games scheduled to be held in New Delhi from October 3-14.
At the moment the process of "cooling down" was on at the Bagree Market and 15 fire tenders have been pressed into service for it.
Data shows that the current system of decentralised marketing and centralised procurement helps Punjab and Haryana farmers the most, while its efficacy in other states has been poor. Experts and farm leaders say success of the laws rests heavily on implementation.
Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.
The Congress leadership has become stunted, it does not understand agriculture and the party is trying to mislead farmers for its own vested interests, said Union Agriculture Minister Narendra Singh Tomar.
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
The Union health minister said a high-level expert group is going into all the aspects of vaccines and the health ministry is preparing a format in which states will submit lists of priority population groups.
Justice Bobde has decided several key cases and was part of the recent historic verdict that cleared the way for the construction of a Ram Temple at the disputed site in Ayodhya.
The Board of Control for Cricket in India will bear the entire cost of the cash-strapped North Eastern states' Ranji Trophy debut, which has been mandated by the Supreme Court-appointed Lodha Committee, a couple of whom will play their home games at neutral venues due to lack of infrastructure.
Fuel cess, TDS on large cash payouts bid to destroy truckers and get foreign players in, says an industry body.
Indian Parliament's new building will have a triangular shape to reflect the importance of triangles being a sacred geometry in various religions, while its interiors will have three national symbols as their main themes -- Lotus, Peacock and Banyan Tree.
'You will not have a vaccine for everyone initially.'
The green panel ordered removal of iron grills in front of the ice stalagmite resembling the 'Shiva Linga' so that devotees could get a better view of it and said there should be no noise pollution near the sacred structure.
There is a need for further focus and strengthening of guidelines.
"Also, 35 per cent deaths were recorded in the age group of 45-60 years, 10 per cent in the age group of 26-44 years and one per cent each in the age group of 18-25 years and below 17 years," the health secy said.
Officials also said that sufficient steps have been taken to control air and noise pollution during the construction work for the new parliament building, which will have separate offices for all MPs and those will be equipped with the latest digital interfaces as a step towards creating 'paperless offices'.
Having stepped down as president of the embattled Indian Cricket Board that is facing the heat from the Supreme Court, Shashank Manohar said he quit as he was not capable of implementing the recommendations of the Justice Lodha Committee and see BCCI's structure collapsing.
22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.
'When you start distributing wealth, you end up distributing poverty.'
The Union Cabinet will soon take a call on setting up Railway Development Authority of India, an independent regulator, which will decide on passenger and freight rates
'The CEA suggested that could be as high as 19 per cent.'
