The Economic Times
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NEW DELHI: Prime Minister Narendra Modi today instructed BJP MPs from Uttar Pradesh to refrain from seeking favours from Chief Minister Aditya Nath Yogi in transfers and postings of officials, saying his administration should be allowed to focus solely on delivering good governance.Meeting the MPs over breakfast, Modi thanked them for working hard in ensuring BJP's resounding victory in the UP assembly polls and asked them to work with party MLAs as a team to transform the state."Modiji said that the party's MPs and MLAs from the state need to work as a team. The Prime Minister also made it clear that we have been given mandate to work hard but not to enjoy," an MP present in the meeting said.The Prime Minister also categorically conveyed to party MPs that they should refrain from approaching Aditya Nath or anybody else for transfers and postings of officials, another MP said.
The Economic Times
2 hours
The Economic Times
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NEW DELHI: There have been over 57,000 technical snags reported by airlines in India between 2014 and February this year, the government said today. The number of snags have also grown by over 20 per cent in 2016 compared to the previous year with these glitches going up from 17,483 to 21,500, Minister of State for Civil Aviation Jayant Sinha said in a written reply in the Lok Sabha. These technical snags include fires during flight, engine shutdown, defects related to landing gear and cracks on aircraft structure, among others. Recently, there have been at least six incidents of snags reported from Pratt & Whitney engines that power Airbus 320 Neo planes operated by IndiGo and GoAir prompting the government to conduct a "detailed review".
Daily Mail - USA
2 hours
An Indian MP has admitted hitting a flight attendant 25 times with his slipper during a row on a flight to New Delhi after he was given a seat in economy class.
The Economic Times
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The Economic Times
3 hours
NEW DELHI: Textile firm Welspun India today said it has re-appointed Rajesh Mandawewala as the managing director for five years. The board has approved re-appointment of Rajesh Mandawewala as the MD for five years with effect from April 1, subject to approval of the members of the company, Welspun India said in a BSE filing. Mandawewala, whose term is going to end on March 31, is co-promoter of the firm and has been associated with the company since its inception. The stock closed at Rs 80.40, down 0.86 per cent, on BSE.
Voice Of America
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The Economic Times
5 hours
NEW DELHI: Railways today offered support to NGOs and self-help groups (SHGs) to use its network for promoting their activities for the benefit of the society. With the aim of enhancing its social footprint, railways would join hands with NGOs for selling their wares including ethnic food and handicraft. If our network and infrastructure could be utilised for some social benefits it should be done, Railway Minister Suresh Prabhu said at the seminar organised for improving the social footprint of railways in a positive manner. The seminar will seek suggestions for formulating policy on working with NGOs on social benefits. He said SHGs can join the e-catering venture of railways and sell their ethnic food. "Food, handicraft products and other materials prepared by NGOs can be sold through our e-portals. It will be beneficial for both," he said.
The Economic Times
5 hours
France 24
5 hours
An Indian politician brazenly admitted on Thursday that he hit a steward on an Air India flight 25 times with his slipper during a row over a seat. Ravindra Gaikwad, an MP in India's lower house for the Hindu nationalist Shiv Sena party, claimed that the attendant had insulted him first on the Pune to New Delhi flight. "What did he say, that I hit him with my hand? I hit him 25 times with a slipper," an unrepentant Gaikwad told ANI news agency in video footage posted on its Twitter page and aired on Indian news channels. Indian media reports said Gaikwad claimed he had a business class ticket but that Air India put him in an economy seat for the Thursday morning flight to India's capital. After first complaining to an air hostess Gaikwad, who represents a constituency in the western state of Maharashtra, then got into a heated argument with the senior flight attendant.
The Economic Times
6 hours
The Economic Times
6 hours
The Economic Times
6 hours
The Economic Times
7 hours
The Economic Times
7 hours
NEW DELHI: Legendary American motorcycle, Harley-Davidson, could end up becoming a sticking point between US President Donald Trump and Prime Minister Narendra Modi. Peter Navarro, director of White House National Trade Council, said in a letter to the editor to The Wall Street Journal that if India lowers the 100 per cent tariffs it imposes on the popular American Harley Davidson motorcycles, it could result in more foreign investments in the country. "If India agrees to lower its tariffs on Harley Davidson motorcycles, Indian consumers will buy more Harleys and save less while Harley will sell more Harleys and invest more," he said. He wrote the letter in response to the debate that his op-ed piece on March 6 in the daily had generated. In his first speech to the Congress, US president Donald Trump had raised the issue without naming India. "American companies are taxed at one of the highest rates anywhere in the world.
The Economic Times
7 hours
NEW DELHI: Indian Railways has agreed to continue electricity purchase from Ratnagiri Gas and Power Pvt Ltd (RGPPL), commonly known as Dabhol project, for a period of five years beginning April 1, Parliament was informed today. "Railways has agreed to continue to purchase 500 MW power from RGPPL power plant from April, 1, 2017 for a period of five years," Power Minister Piyush Goyal said in a written reply to Lok Sabha today. According to the reply, the Maharashtra government has agreed, in principle, for granting waiver of state transmission charges and transmission losses and also waiver of VAT on gas purchase by the RGPPL. The minister stated that RGPPL has started generation of power under the scheme of utilisation of gas-based power generation capacity for 2015-16 and 2016-17. He further told the House that the total debt of RGPPL is about Rs 8,906 crore and the government has taken several steps for revival of the project.
The Economic Times
7 hours
MUMBAI: University of Petroleum and Energy Studies (UPES) has introduced a new placement policy to support students who wish to pursue entrepreneurship. Under this policy UPES will provide placement support to them even after two years of graduating in case they choose to find a job. In another initiative, UPES is opening up experience zones by end of March 2017 at three locations in Delhi/NCR to help youngsters take informed decisions when it comes to choosing the right educational courses. UPES counsellors will be available at these centres to guide them. The University will soon open UPES experience zones in Tier 2, Tier 3 cities as well as students there have limited access to information and need the right counselling. UPES offers specialised programmes in high-growth sectors like oil & gas, power, infrastructure, IT, design, planning & architecture, public policy, legal studies and more.
The Economic Times
8 hours
NEW DELHI: The government today said it was working on steps to reduce India's dependence on large scale import of active pharmaceutical ingredients (APIs), as members in Rajya Sabha expressed concern over the issue. Responding to the concerns during the Zero Hour, Commerce Minister Nirmala Sitharaman said huge imports of pharmaceutical raw materials was a matter of serious concern. She said the government was fully seized of the issue of the country's dependence on import of APIs and that inbound shipments "are coming from a particular country and as a result, (there are) national security concerns". "We are quite seized of the matter. Quite a few discussions are happening and let me place on record, the Prime Minister himself has sat with many of us and had discussions. "There is some work going on it. I may not be able to go into the details at the moment.
The Economic Times
8 hours
The Economic Times
9 hours
NEW DELHI: The Union Cabinet has approved amendments in the Customs and Excise Act relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST. Following this, the Centre will abolish 16 cesses and surcharges on union excise and service tax as it lays down the path for rolling out Goods and Services Tax (GST) from July. The amendments in the Customs Act, 1962, allow furnishing of information relating to import or export of goods by specified persons to enable analysis and detection of cases of under or over-valuation in imports and exports. Cesses to be abolished include Krishi Kalyan and Swachh Bharat. This would lead to a loss of about Rs 65,000 crore by the exchequer. To make up for this dent, the government would have to find resources from the budget. "Amendments or repeal of various provisions of other Acts which will no longer be relevant consequent on rollout of GST will result in cleansing of the irrelevant portions from the Statute Book and reduce multiplicity of taxes," an official release said after the Cabinet meeting chaired by Prime Minister Narendra Modi.
The Economic Times
9 hours
The Economic Times
9 hours
"The east coast is our future because western offshore fields are in a heavy declining trend," Sengupta said in an interview in his office in New Delhi. "To keep India's gas production alive, the east coast needs to make a tremendous contribution in the next two decades." The country's biggest hydrocarbon producer expects the area, including its KG-DWN-98/2 block, will add about 40 million standard cubic meters to daily gas production within five years, according to Sengupta. That's almost half of India's net gas production of 84 million standard cubic meters a day from April 2016 to February this year. Oil output could rise by 77,000 barrels a day, he said. ONGC's block lies next to Reliance's KG-D6, one of the biggest discoveries of the year when it was found in 2002. Production there has tumbled about 85 percent since hitting a peak in 2010 as the private Indian company and BP found the reservoir is more difficult to produce from than they had initially estimated.
The Economic Times
10 hours
NEW DELHI: With an aim to make new combination drugs for HIV and Hepatitis B & C available to patients at the earliest, the government has decided to waive some of the regulatory processes to fast-track approvals. India's top drug regulator has said in a new order that companies manufacturing combination drugs for HIV and Hepatitis B & C can seek early approval with a WHO recommendation even if internationally the medicines are not approved as a combination but only individually. However, the drugs have to be relevant for India. "Many of these combination products, recommended in WHO guidelines for concomitant use, may not have been approved internationally in combination but may have been approved individually. However, given the risk-benefit and recommendations by WHO the requirement of generated data may be waived based on the fact that the product has been recommended for concomitant use by WHO," the notice by G N Singh, the Drugs Controller General of India (DCGI) said.
The Economic Times
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