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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.

Martime State Development Council

Dec 14, 2019, 04.25 PM IST

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MARTIME STATE DEVELOPMENT COUNCIL

Wrong time to raise GST rates, cautions former GST Council member

This is the worst time to raise the rates of GST on essential commodities. This will further squeeze the spending power of large sections of people. Gowda, a US-educated lawmaker from Bengaluru. His comments came amid reports that the GST Council, chaired by the Finance Minister Nirmala Sitharaman, is considering major changes in the GST rates.

'Indo-US 2+2 talks principal mechanism for translating strategic convergence into tangible outcomes'

External Affairs Minister S Jaishankar a...

Over 7,000 exit BTech in IITs in last 5 yrs, lose coveted tag

This staggering dropout statistic was revealed by the Ministry of HRD in the Lo...

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  • The crisis in Telangana is a reflection of the precarious position of state-run bus operators in India, which have seen their losses swell every passing year. This is particularly worrying since buses undergird India’s public transport system, and cash-starved state governments and municipal corporations have done little to shore up the transport corps.

    Minor ports could boost inland waterways and coastal shipping and "we will provide comprehensive plans for development", Shipping Minister Mansukh Mandaviya said.

    Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy, including stress in the financial sector, at the meeting ...

    Merging will also help in cutting down administrative cost, he said, adding the move was supported by civil societies along with the elected member of Parliament of that area.

    Patwary hoped that with the visit of the Malaysian delegation, potentialities for a closer relationship shall blossom fully in the future. He highlighted the strengths and opportunities of the State and called upon the Malaysian delegation to invest in sectors like tea, hydrocarbons, transportation, food processing, bamboo, agar and infrastructure and skill development.

    Since education is a subject in the Concurrent List of the Constitution and a substantial majority of schools are under the jurisdiction of state governments, HRD Minister Ramesh Pokhriyal said it is for the respective state or union territory governments to decide the syllabus and curriculum.

    The government spends nearly Rs 15,000 crore every year on skilling through different schemes spread across 20 different ministries. This is topped up with matching contribution from states, taking the total spend to Rs 30,000 crore annually. Hence it is planning to set up a fund pool for skill related schemes.

    Finance Minister Nirmala Sitharaman on Thursday reviewed the state of economy including stress in the financial sector at the meeting of the Financial Stability and Development Council.

    According to sources, the meeting will take stock of various measures taken by the government to boost the sagging growth which hit a six-year low of 5 per cent in the first quarter of the current fiscal. The meeting will review the current global and domestic economic situation and financial stability issues.

    A state-of-the-art Life Sciences Park spread over 80 acres is being developed with a series of consultation with the Government Departments, Biotechnology industry, Universities and Research Institutions.

    "I request that the work of establishing the regional office of the NDB in India should be completed soon. This will give a boost to projects in our priority areas," Modi said as he offered full backing to the multilateral finance institution in promoting global growth.

    "On the occasion of the International Day of Solidarity with the Palestinian people, I reiterate India's strong support for the Palestinian cause. I also express our solidarity with the Palestinian people in their efforts to establish a sovereign, independent, viable and United State of Palestine co-existing peacefully with Israel," Modi said in his message.

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