Page 8 - Government Of India

BS Number Wise: A strategy for non-strategic state firms as losses mount

The govt needs to act quickly to capitalise on the assets of such enterprises

Govt scraps sale of SAIL's Bhadravathi plant on low bidder interest

During the current financial year (FY23), so far, Rs 24,543.67 crore has been obtained as disinvestment receipts against the target of Rs 65,000 crore

VVDN signs deal to make Intel products for telecom, networking in India

Gurgaon-based company is a beneficiary of the government's PLI scheme for IT hardware, telecom

Beti Bachao Beti Padhao includes skilling girls on conventional livelihood

Smriti Irani, the minister for women and child development, emphasised the significance of convergence amongst various departments for delivering high-quality education to empower girls

Ministry proposes to decriminalise law on collection of statistics

No imprisonment for offences like obstructing or deceiving officers, but fines will be increased

Supreme Court rejects plea seeking declaration of cow as national animal

'It is not the job of the court to decide on such matters,' the SC bench commented while enquiring which fundamental right of the petitioner was affected

5th ISA Assembly to focus on energy access, security and transition

Meeting scheduled for October 17-20 in New Delhi under India's presidentship; ministers, missions and delegates from 109 member and signatory countries of ISA likely to participate

Govt to adopt digital manufacturing processes: Mahendra Nath Pandey

On the occasion, 175 electric vehicles for Gujarat and Karnataka were flagged off under the FAME Scheme

Vehicle registrations: Govt proposes tweaks in Bharat series rules

The Ministry of Road Transport and Highways (MoRTH) has proposed to allow conversion of regular vehicle registrations into Bharat Series (BH) numbers as part of measures to widen the scope of the BH series ecosystem. At present, only new vehicles can opt for BH series mark. In a draft notification, the MoRTH informed about the proposed amendments in the rules governing Bharat (BH) series registration mark which was launched for people who are in transferable jobs. Among other changes, the transfer of vehicles with BH series registration mark to other persons, who are eligible or ineligible for BH series, has been facilitated, according to the notification. "Vehicles currently having regular registration mark can also be converted to BH series registration mark subject to payment of requisite tax, to facilitate persons who subsequently become eligible for BH series registration mark," it said. The ministry has also proposed the amendment in rule 48 to provide flexibility to submit

Govt must fix accountability: Anand Sharma on 'cough syrups-linked' deaths

Senior Congress leader Anand Sharma on Friday hit out at the Centre over the deaths of children in Gambia allegedly due to the consumption of cough syrups manufactured by an Indian firm, and asked the government to fix accountability. The World Health Organisation (WHO) on Wednesday warned that four "contaminated" and "substandard" cough syrups allegedly produced by Maiden Pharmaceuticals Limited based in Haryana's Sonepat could be the reason for the deaths in the West African nation. India's drug regulator Drugs Controller General of India (DCGI) has already initiated a probe and sought further details from the WHO. In a statement on the issue, former commerce and industry minister Anand Sharma said the deaths of dozens of children in Gambia "due to consumption of Cough syrup made by an Indian company Maiden Phamaceuticals has shocked the word". "This is a monumental tragedy that raises serious concerns as conveyed by WHO and also questions which, must be answered. The bland ...

IDBI Bank privatisation: Govt, LIC to sell 60.72% stake, invite bids

The last date for submission of bids or Expression of Interest is December 16

Relief for directors of retail firms as govt amends Legal Metrology rules

The government has pointed out that the changes are being made as part of the ease of doing business

FM radio broadcasting policy relaxes recasting and ownership norms

The centre has also accepted the long pending demand of the radio industry to remove the 15% national cap on channel holding

Centre asks Coal India to enhance supply to thermal power plants

With the festival season round the corner, Coal India Ltd has been directed by the government to scale up dispatch to thermal power plants

Fitch affirms Bank of Baroda, subsidiary at 'BBB-' with stable outlook

Action factors in a high likelihood of sovereign support to the public sector lender; rating agency says profitability to rise further; high loan growth to resume

Total govt liabilities rise to Rs 146 trn in Q1: Finance ministry report

The total liabilities of the government increased to Rs 145.72 lakh crore at the end-June 2022 from Rs 139.58 lakh crore at end-March 2022, according to the latest data on public debt. In percentage terms, it reflects a quarter-on-quarter increase of 4.40 per cent in the first quarter of 2022-23. Public debt accounted for 88.3 per cent of total gross liabilities at the end-June 2022 slightly up from 88.1 per cent at the end-March 2022, the quarterly report on public debt management released by the Finance Ministry on Friday said. The weighted average yield on primary issuances of dated securities showed an increase to 6.95 per cent in Q1 of FY23 from 6.66 per cent in Q4 of FY22. The weighted average maturity of issuances of dated securities was lower at 14.90 years in Q1 of FY23 (17.56 years in Q4 of FY22), it said. The weighted average maturity of the outstanding stock of dated securities was higher at 11.87 years at the end of Q1 of FY23 compared to 11.71 years at the end of Q4

Centre cuts FY23 borrowing target by Rs 10k cr amid robust tax collections

The government will borrow Rs 5.92 trillion, or 41.6 per cent of the new FY23 target, in October-March, including from the issuance of its maiden sovereign green bonds of Rs 16,000 crore

Govt must curb non-essential imports to stem rupee fall: CEO poll

India Inc encourages FDI, raising dollar deposits from NRIs

Relief for automakers as govt defers six airbags rule to Oct 2023

Nitin Gadkari cites 'global supply chain constraints' as reason for the shift in decision

Govt notifies logistics policy, infra ministries to devise plans in 6 mths

PM GatiShakti and will address logistics issues pertaining to infrastructure, processes, digital improvements, policies and regulatory reforms, and capacity building for better workforce