"In an unprecedented move, the ministry of defence (MoD) has decided to delegate substantial financial powers to the Armed Forces for undertaking works for perimeter security of sensitive military installations," the ministry said in a statement.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
Thus, the right to fair compensation and transparency in land acquisition, rehabilitation and resettlement (amendment) bill, 2015 as passed by the Lok Sabha still contains major lacuna's in regard to farmer's rights. It is best advised and hoped that the government will send the bill to the parliamentary standing committee for more changes and consultation.
The third Lusofonia Games, slated to be held in Goa in November, have been postponed to January due to the slow progress of infrastructure work. The Games of 'Lusophone' (Portuguese-speaking countries) will now be held from January 18 to 29, 2014.
Taking strong exception to the Board of Control for Cricket in India 'misleading' everyone on key issues such as disbursement of large amount of funds to state associations, the Supreme Court-appointed Justice Rajendra Mal Lodha-panel on Tuesday said it is unfortunate that their directions have been 'misinterpreted'.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
Paris will be competing for the 2024 honours with cities including Boston, Hamburg and Rome, which lost out to Paris in the bidding contest when the French capital last got to host the games in 1924.
The video conference, which began at 11 am, comes amid indications that the central government may extend the nationwide lockdown with some possible relaxations even as Punjab and Odisha have already announced extending the lockdown beyond April 14 when the current spell of 21-day shutdown across the country ends on Tuesday.
While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.
The fifth meeting of Monetary Policy Committee maintained the repo rate, at which it lends to the banks, at 6.25 per cent and the reverse repo, at which it borrows, will be 6 per cent.
The Olympic committees of both countries signed an agreement that will pave the way for the \nexchange of sports experts and technical information.
The prime minister held a meeting with chief ministers via video-conferencing, and said it was imperative to work on war footing, identify hotspots, encircle them and ensure that coronavirus does not spread out.
Rejecting short cuts like creating small pockets with latest amenities, an official committee has recommended that to make Mumbai a truly global financial hub by 2020, the infrastructure of the entire city should be improved.
Puja at the Kedarnath temple is set to resume on September 11. However, the yatra to the battered shrine wouldn't resume this season.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its interest rates.
President Vladimir Putin said on Friday that Russia could stake a claim to host future summer Olympics games, but had not yet lodged a formal bid to do so, Russian news agencies reported.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The government data released on May 17 showed a minor dip in headline inflation to 8.66 per cent in April, driven by a moderation in food and manufactured items prices.
'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.
Net sales growth for the quarter ended December (Q3FY20) was 4.5 per cent on a year-on-year (YoY) basis for companies that have declared their results so far, compared to an 8.4 per cent rise in the first half of the financial year. This indicates that there could be a further rise in days' sales of inventory.
Justice Bobde also raised concern about common people and their ability to access the independent and affordable advocacy in view of the fact that lawyers charge exorbitant professional fees and asked the Bar to ponder over this issue.
The government on Friday sought to drag in the National Democratic Alliance regime into the Commonwealth Games mess.
The Board of Control for Cricket in India president Anurag Thakur is set for a showdown with current International Cricket Council chairman Shashank Manohar during the ICC Board meet in Cape Town, where the richest cricket board will specifically push for a three-point agenda that includes bringing back the 'Big Three' module.
In order to expedite the implementation of the Parekh Committee's recommendations on infrastructure financing, the finance ministry has decided to pursue a few key issues instead of taking up the whole report.
The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.
Nitin Desai suggests some concrete measures to revive investment and boost growth.
Goa Assembly's Public Accounts Committee is understood to have expressed fears that if illegal mining in the state is not curbed, even the legal mines in Goa will face closure, highly-placed sources said.
Congestion on Mumbai roads has become chronic.
Addressing a meeting of the Congress Working Committee, Gandhi said it should worry every Indian and her party will have to work hard to repair this damage.
'Given that the RGF is a family-controlled trust, why would the Congress defend it every time someone accuses it of wrong-doing?' asks Virendra Kapoor.
After attacking the Jet-Etihad deal, Janata Party President Subramanian Swamy on Wednesday trained his guns on the Air Asia proposal to set up an Indian carrier, saying the FIPB clearance to it was "not legally valid".
'The committee has all the right to call anybody involved in the matter. But that will depend on the outcome of the January 20 meeting. We can call the PM on demonetisation if the members unanimously decide so.'
News of all that's transpired on and off the football field
The Aadhaar and Other Laws (Amendment) Bill, 2019 was passed in Rajya Sabha by a voice vote, although many parties including the Trinamool Congress and Dravida Munnetra Kazagham opposed it citing various reasons, including apprehensions data theft.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
Even as the Maharashtra government claims it is implementing in phases the Ram Pradhan committee report, which examined the government's response to the 26/11 terror attacks, gaping holes still exist in the security apparatus.
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