The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.
'Banks have to be braver, willing to take more risks and give confidence to the customer,' observes Joydeep Ghosh.
He also said the expansion of his cabinet would take place once state Congress leaders get an approval from their high command.
Earlier this month, the corporate affairs ministry had written to various ministries including telecom, railways and steel seeking directions for public sector units under their administrative control for exempting Satyam from submitting audited balance sheets while bidding for projects of the state-owned firms.
The BJP-led National Democratic Alliance released its manifesto for the February 20 Punjab polls on Saturday, promising a slew of sops for various sections, including 75 per cent reservation in all government jobs for youngsters from the state, an unemployment allowance, 35 per cent reservation for women in government jobs and massive infrastructure development.
Amid growing concerns of surging COVID-19 cases, the US has announced that it will waive the in-person interview requirement for a range of visa applicants during the entire year in 2022, including for H-1B workers and students, many of whom are from India. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
On average, an account-holder among Punjab farmers availed of crop loans of around Rs 2.23 lakh in the first 11 months of 2016-17.
Brinkmanship in the Taiwan Strait will not only be a recipe for disaster to both China and Taiwan, but also to international peace and stability, warns Rup Narayan Das.
A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
Fadnavis made the remarks in reference to reports speculating mid-term polls in Maharashtra amid farmers' stir
Describing the surge of COVID-19 infections and deaths in India as 'nothing short of heartbreaking', Vice President Kamala Harris said on Friday that India's welfare is critically important to the US.
The first consignment of 75,000 vials will reach India on Friday, it added.
The government on Thursday allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and Renewable Energy Minister Raj Kumar Singh said the government is targeting production of 5 million tonnes of green hydrogen by 2030. Oil refineries to steel plants require hydrogen to produce finished products.
Indian airlines have also been advised separately to give relief, an official said.
PowerGrid was the top gainer in the Sensex pack, surging over 4 per cent, followed by Bharti Airtel, Tata Steel, NTPC, HDFC Bank, UltraTech Cement and Kotak Bank. On the other hand, TCS, Nestle India, Reliance Industries and HCL Tech were among the laggards.
'In this country, if any government acquires one of these images -- anti-farmer, or anti-poor or corrupt -- the government doesn't survive.' 'The Modi government is fast acquiring that anti-farmer image, that is why it is nervous.'
With the farmers' protest against the three new laws and in support of legalising the minimum support price (MSP) going strong, state governments have announced a slew of measures in their annual Budgets to placate farmers. The Centre kicked things off in the Union Budget by assuring farmers that the MSP would continue and coming out with a report card to demonstrate its commitment. However, these efforts don't seem to have yielded tangible results. In their respective Budgets, states chose to go a step further by announcing a variety of measures.
The BSE barometer, which had lost over 415 in the previous trading session, today moved up by 461.14 points at 14,944.97. Similarly, wide-based National Stock Exchange index Nifty rose by 130 points at 4,482.30. It touched the day's high of 4,558.00 and a low of 4,358.30 points.
There may be some changes in the text of the nuclear commerce waiver for India, which is being considered by the Nuclear Suppliers Group, according to United States Assistant Secretary of State Richard Boucher. Boucher asserted that the US would "not allow anything to impede the N-deal."
If confirmed by the Senate, the 67-year-old career military officer would be the first African-American to lead the Department of Defence.
Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.
Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
The government is understood to have rejected J P Morgan Securities India's plea to waive the condition of mandatory divestment of 25 per cent equity.
Indian diplomat Devyani Khobragade has been exempted by a United States court from appearing in person for pre-trial processes in the case filed against her on visa fraud charges, her lawyer said on Monday.
The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.
Archana Ramanan, a homemaker from Tamil Nadu, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.
India and the US signed a historic agreement to cooperate in civil nuclear energy sector in October 2008.
Onion supply in Nashik low but is expected to normalise in a couple of days
Under the Vivad se Vishwas scheme, the MNCs will have to bring in disputed amount to India, else, the entire money will be considered as loan from subsidiaries on which interest will have to be paid.
The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.
The government is buying out the shares of India Ports Global, which are now held in a 60-40 ratio by the JNPT and Deendayal Port Trust in Kandla.
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts.
If not for Palaniswami, it is hard to guess if the AIADMK would have been able to garner 33.3 per cent vote share as against the DMK's 37.7 per cent. AIADMK won 66 seats, its allies Pattali Makkal Katchi and Bharatiya Janata Party five and four seats respectively and proved yet again that the western region was its fortress.
The protesting farmers dubbed the three laws as "anti-farmer" and claimed they infringe upon their basic right to sell their produce at MSP.
Key stimuli of the government's relief package will be a tax break on jet fuel, waiver of parking and landing charges at airports for the next six months and deferment of payment to oil companies by three months.
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