'This plan is basically to allow some of the government assets for rent, and surely not for sale.' 'There is a difference between selling a house and renting out a house.'
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
India's sprawling digital public infrastructure received a glowing endorsement from billionaire philanthropist Bill Gates on Wednesday as he praised the country's "great" digital network, reliable and low-cost connectivity, and said this will be the cheapest 5G market. Under the G20 presidency of India, a session on 'Building resilient and inclusive economies- the Promise of Digital Public Infrastructure' was held on Wednesday in New Delhi, where the Microsoft co-founder spoke of India's digital identity Aadhaar, its payment infrastructure, and rapid strides that the country has taken in bringing more people into formal banking system. "India in particular, by laying the groundwork for digital public infrastucture starting with identity system, allows people to build on top of that.
The state is planning an event similar to PM Narendra Modi's Startup India.
The Land Acquisition Bill, passed by Parliament during the Monsoon Session to replace a 119-year-old legislation, became a law with President Pranab Mukherjee giving assent to it on.
They are allegedly the owners of the drugs and had commissioned the trip, police commissioner-general Marthinus Hukom, head of the Indonesian National Narcotic Agency, told reporters at a press conference in Batam.
Singapore government's sovereign wealth fund Temasek is looking to invest $10 billion in India during the next three years, Ravi Lambah, Temasek's head of India and strategic initiatives, said.
Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a $220 billion empire. About four-and-a-half decades later, he gets called to the same college to deliver a lecture to students on Teachers Day. Adani had moved to Mumbai at the age of 16 and started working as a diamond sorter.
Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India.
The company aims to be part of all smart city programmes in the country directly or indirectly and has come up with a host of India-specific products. Karan Choudhury reports.
The Supreme Court on Thursday set aside a Punjab and Haryana high court order granting an interim stay on a Haryana law providing 75 per cent quota in private sector jobs for residents of the state.
The airport has formulated standard operating procedures for post-lockdown safety of the passengers, which include social distancing, stringent thermal screening, positioning temporary quarantine centres and also continues to sanitise and disinfect the airport to ensure safety and well-being of the passengers when operations resume.
'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'
'This is the first time the US has formally recognised the threat India faces from terrorist organisations based in Pakistan.'
It bought Rs 410 crore of electoral bonds between financial years 2021-22 and 2023-24, but Reliance said the company is not a subsidiary of any Reliance entity.
Under the plan, the Railways would acquire and lease out the land to the private concessionaire.
Safety and Efficacy results from the final analysis will be available in June, and the final report will be submitted to a peer-reviewed publication.
Ad man Gerson da Cunha, a multi-faceted personality who was very passionate about civic activism in later years, died in Mumbai on Friday. He was 92.
Joyita Ghose on the land acquisition laws in the country and the changes that the NDA government's controversial bill in Parliament makes to the land acquisition act, 2013 brought in by the United Progressive Alliance government.
No expecting mother ever needs to travel for more than 30 minutes to reach one of their hospitals, believes the Cloudnine group.
Priorities include the amendments of the Companies Act and the Motor Vehicle Act
USAID looks forward to working with each to make financial inclusion a long-lasting and sustainable reality in India.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
15-20 cities are expected to get selected for development.
The Indian Railway Station Development Corporation is now looking to modernise 90 stations across the country.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.
The Delhi high court on Thursday said the moral fabric of people has been "dismembered" to a great extent as instead of coming together to fight the Covid-19 pandemic, they are engaging in hoarding and black marketing of oxygen cylinders, medicines and concentrators.
Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.
A parliamentary panel on Tuesday opposed the privatisation of six AAI-developed airports including Kolkata and Chennai, and charged the Civil Aviation Ministry with doing "a great disservice" by "using public property for private profits".
Prime Minister Narendra Modi in his first-ever in-person meeting with President Joe Biden raised a number of issues involving the Indian community in America, including access for Indian professionals in the US and speaking about the H-1B visas, Foreign Secretary Harsh Vardhan Shringla has said.
Government contemplates tax incentives for housing projects.
The Railways could tie up with technical institutions for introducing railway-oriented subject for graduation and skill development.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
Ahead of Modi-Putin talks, the US called upon India to make it clear to Russia that any resolution of the Ukraine conflict must respect the United Nations charter and Ukraine's territorial integrity and sovereignty.
The phase II development of Infopark has received a shot in the arm with a pact being inked for fresh investments worth Rs 320 crore (Rs 3.20 billion) under the PPP route.
If we have to develop this nation, says Railway Minister Piyush Goyal, it can only happen in a public-private partnership, when you and we work together as one.
In a late night development, chairman of the state-run Airports Authority of India, V P Agarwal, was removed from his post apparently because of his "opposition" to privatisation of more airports in the country, sources said.
Veteran banker K V Kamath on Friday said it is "time to be brave" for the government, and it should stretch the fiscal deficit target set in the budget if need be, to push growth. He said benign interest rates of under 8 per cent and abundant liquidity are also necessary to seize what he called as a 25-year growth runway opportunity awaiting the country. The government has targeted to get the fiscal deficit at 6.8 per cent for FY22 in the Budget presented early this year.
The total height of the statue from its base is planned to be 240 metre consisting base level of 58 metre and statue of 182 metre.
