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ArcelorMittal is about to give India its biggest IBC success

ArcelorMittal has initiated payment for acquisition of debt-ridden Essar Steel for Rs 42,000 crore.

Labour Ministry

Dec 14, 2019, 04.53 PM IST

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Onion prices shoot up to Rs165/kg; govt says imported onions to arrive by Jan 20

Onion prices have been ruling high for past few weeks due to fall in production of the Kharif crop following unseasonal rainfall in key growing states, including Maharashtra. The price of onion was ruling at around Rs 120/kg in Mumbai, Chennai and Kolkata, while it was around Rs 100/kg in Delhi on Friday, as per the latest data.

JSPL hopeful of getting Gare Palma coal block: VR Sharma

In the October to December quarter (Q3), we will be surpassing all our records.

Boris Johnson promises Australian-style visa policy from January 2021

In a speech on the General Election campaign trail, Johnson called for ...

ET Prime Distribution
  • The Ministry of External Affairs has informed the Lok Sabha that several countries have agreed that matters related to Jammu and Kashmir are internal to the country following proactive outreach by the government.

    Labour minister Santosh Kumar Gangwar informed the Rajya Sabha that if there is a strike in any unit, they (employees) would have to inform at least 14 days in advance. He said this is part of the new labour law which the government is bringing and the ministry is in touch with the various state governments.

    Move comes against the backdrop of states complaining about Centre delaying compensation payments.

    In an article published in the reputed British Medical Journal (BMJ), doctors and maternal health experts have questioned the “scientific rationale“ and “ethics” of an Indian health ministry announcement that calls on obstetric staff to delay giving oxytocin to women after childbirth until the uterus has expelled the placenta.

    "In order to provide MSME's a level playing field in defence supplies and also expand the vendor base, the Ministry of Defence has come up with a scheme to set up 6-8 product testing centres in the defence industrial corridors," Rear Admiral A. George, Additional Director General Quality Assurance (Warship Projects), told reporters.

    Govt has temporarily relaxed an earlier mandate for 100% electronic toll collection on National highways.

    For the first time, the successful bidders shall have the flexibility to sell 25 per cent of the coal produce in open market. "The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines," the Coal Ministry said in a statement. This was the result of the auction conducted by the Centre last month.

    "A contract for manufacture of frigates under Project P 17A was signed in February 2015 with Mazagon Dockyards Limited (MDL), Mumbai valued worth Rs 45,000 crore while two frigates under Project P1135.6 are slated to be manufactured by Goa Shipyard Limited (GSL) under a contract signed in October 2018 worth Rs 14,100 crore," said Defence Ministry.

    ​ "There should be a pan-India single wage day every month across various sectors to ensure that workers get timely payment of salaries. Prime Minister Narendra Modi is keen on this legislation to get passed soon. Similarly, we are also looking at uniform minimum wages across sectors which will safeguard better livelihood of workers," he said.

    The power and petroleum ministries are working on the new proposal. The earlier scheme entailing subsidy has been shelved. The proposed new scheme will offer no subsidy and hopes to help operate the power stations at 90% capacity by selling the bundled power. Bundling of solar power with an equal amount of gas-based power is expected to result in lower cost of production.

    Britain’s main opposition Labour party on Wednesday accused Prime Minister Boris Johnson of plotting a “toxic” deal with Donald Trump to allow US pharmaceutical companies access to the state health service.

    Increased production of carbon steel, alloy (including stainless steel) and other high grade and special steel will facilitate higher value addition of steel in India. On the other hand, encouraging growth of ancillary units will foster development of SME units as well as further enable growth of the anchor primary steel unit(s).

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