Union Road Transport and Highways Minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India's rising foreign exchange reserves for funding road projects, saying the country needs low cost finance for such infrastructure projects. Addressing a virtual event organised by industry body CII, Gadkari further said that the National Highways Authority of India (NHAI) should also have a financial arm like the power ministry's Power Finance Corporation (PFC). "We have a surplus of dollar reserves in the country. I have decided to talk with the RBI Governor, about how we can formulate a policy by which we can use this foreign exchange reserves for development of infrastructure in the country," he said.
In a statement issued on Thursday, the Lakshadweep Research Collective said it along with 60 other signatories from the scientific community have written to President Ram Nath Kovind seeking his intervention to withdraw the "incautious draft" Lakshadweep Development Authority Regulation of 2021.
The Ahmedabad Urban Development Authority (AUDA) on Wednesday invited proposals from consultants to conduct a 'gap analysis' to assess the existing infrastructure in the city and to state what more is needed to make it a potential venue for the Olympic Games.
The party's CM choice came as a surprise for many as the low-profile, first-time legislator was not seen to be among the top contenders for the post.
Of the total complaints received in the last fiscal, 57 were against Group A or Group B central government officials, 44 against chairpersons, members and employees of different boards/corporations/autonomous bodies wholly or partially financed by the Centre, and five were in the "others" category, it said.
Several countries like the United Kingdom, the United Arab Emirates, Australia and Singapore have already banned travellers from India as well as other South Asian countries.
A bench headed by Chief Justice N V Ramana ordered status quo in the present situation, and said the petition would be listed before an appropriate bench.
The opposition will seek to target the government on the issue of farmers' plight as well as their demand for a legal backing for minimum support price.
The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs.
More than 500 people, including women, from Mumbai and neighbouring Thane and Navi Mumbai gathered over the last 20 days at the government plot spread in several acres on JVLR Link Road in Tagore Nagar of Vikhroli.
At least 18 workers, mostly women, were charred to death in a devastating fire that broke out at a chemical firm in an industrial area in Pune district on Monday afternoon, officials said.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
The 102-acre government land at Kanjurmarg was handed over to the MMRDA on October 6.
The COVID-19 hospital has a 190-bed ICU, 1,536 beds with oxygen facility, an ICU for children, a 20-bed dialysis unit, a 40-bed triage and a 384-bed isolation room with a total of 2,170 beds, the MMRDA said in a release.
Uddhav said the protesters were citizens standing up for future of the planet.
The Modi leadership could lose Election 2024 if a communal flare-up becomes cause for all-round catastrophe, warns N Sathiya Moorthy.
Sebi's stewardship code for mutual funds and alternative investment funds lays down six principles to improve corporate governance standards in their investee companies, reports Jash Kriplani.
'The administration started intruding into the kitchens and bedrooms of the local community.'
'For the first time in 50 years the people of Lakshadweep who have till now never raised their hands, got out on the streets and started raising their voices.'
More than 100 BrahMos missiles are planned to be built in the next three years.
Union Home Minister Amit Shah and chief ministers of some BJP-ruled states were among those present at the Raj Bhavan ceremony.
This will facilitate availability of at least 2,400 more beds for patients in the city, the BMC said.
Built at a cost of Rs 56 crore, the ropeway will cover a distance of 1.8 km, and bring down the travelling time between north Guwahati and the central part of the city to eight minutes.
Hundreds of people complained that they had to go without food and sleep in the aftermath of cyclone, which has wreaked havoc in Bengal, as their homes lay inundated amid heavy showers that continued to pummel several parts of the state.
Seven other states - Uttar Pradesh, Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana and Gujarat - had earlier confirmed Avian Influenza
Nine Chinese engineers were among 13 people killed on Wednesday when a bus carrying construction workers in northwest Pakistan's mountainous region was "attacked", according to officials and eyewitnesses.
Unlike any other national asset, which is typically sold to the highest bidder, the profile of the bidder is the most important criterion for a licence to bank, and even for acquiring more than 5 per cent stake, explains Tamal Bandyopadhyay.
The 33-year-old man had recently returned from Italy and is being treated at Capital Hospital in Bhubaneswar, he said.
The discount should be equal to interest rates on savings bank account deposit of State Bank of India.
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved a three-month extension in Sudan's service, beyond the date of her superannuation, i.e. April 30, a personnel ministry order said. She will continue to function as the secretary of the Department of Health and Family Welfare during the period, it said.
Sprinter Revathi Veeramani is part of the 4x400m Indian mixed relay team in the Tokyo Games, starting July 23.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
'It is a good match for those aged 25-30, who have just started working and need a basic product.'
The ill-fated building had been partly vacated for repairs by Maharashtra Housing and Area Development Authority, BMC sources said.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
The Saral Jeevan Bima product to be offered by all life insurance companies will be a non-linked non-participating individual pure-risk premium life insurance plan.
Former Union minister and Jammu and Kashmir governor Jagmohan, whose tough measures as an administrator in various roles won him many admirers but also drew criticism from some quarters, passed away following a spell of illness. He was 93.
Town planning authority MMRDA on Tuesday said that nearly 150 patients at its COVID facility in Bandra Kurla Complex (BKC) have been shifted to another location as a precaution in the wake of the Nisarga Cyclone which is expected to make a landfall close to the city on Wednesday.
'The suppression is mounting and people may react.'
The Centre and the Shiv Sena-led Maha Vikas Aghadi government in Maharashtra are locked in a tussle over ownership of the land earmarked by the state for constructing the car depot which was earlier planned at Aarey Colony, a green belt in suburban Goregaon.
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