Page 6 - Government

Govt clarifies foreign funds can own over 51% stake in IDBI Bank

This comes ahead of the December 16 deadline for potential bidders to submit EoIs for picking up majority stake in the private sector lender

Vizhinjam protest against Adani port called off after 138 days

Govt has already told agitators that construction work won't be stopped, but is said to have accepted all their demands

Govt in advanced stage to launch Rs 3,500-crore PLI scheme for toy sector

Dept in advanced inter-ministerial talks; schemes for bicycles, footwear to follow

Amara Raja to invest Rs 9,500 crore in Telangana battery-making unit

Unit will house Amara Raja E-hub, an advanced energy research and innovation centre to meet firm's development needs and offer facilities to other players in the energy and mobility space

State govts on overdrive to vaccinate as measles outbreaks spread

Outbreaks have been reported in several states including Maharashtra, Kerala, Bihar, Jharkhand, Gujarat and Haryana

Start-ups to take up nearly 30% of gross office leasing in 2022: Study

Bengaluru leads in terms of space leased by such companies, says JLL report

Irdai endorses panel's view to cut obligatory cession to zero from 4%

The obligatory cession was reduced from 5 per cent to 4 per cent in FY23. The regulator has been reducing the obligatory cession over time

Farmer groups demand end to GM mustard trials; write to PM Narendra Modi

Activists claims Centre misleading SC on GM mustard

5G signals won't interfere with flight operations, telcos reiterate

Senior industry executives say no recent discussions with government on issue of 5G signals interfering with aviation instruments, companies remain open to talks

15-yr-old govt vehicles will be scrapped, policy sent to states: Gadkari

Union transport minister Nitin Gadkari has said that state govts have been told to scrap 15-year-old vehicles plying on the roads

Budget 2023: Exporters urge govt for fiscal incentives, lower customs duty

The meeting took place at a time when external demand is waning as exporters are facing global headwinds of high inflation, currency depreciation and geopolitical tensions

EV company Motovolt Mobility raises Rs 16 cr in per-series A funding

The funds raised will primarily be used for new product introduction, marketing initiatives, and growing Motovolt's presence through more retail points pan India

Centre pushes for reviving export commissioner posts for boosting trade

The export commissioners will be expected to operate under clear targets to expand exports from their states

Govt scraps filling Air Suvidha form for international travellers

The requirement of random post-arrival testing of 2 per cent of arriving passengers too has been done away with in the new guideline

Ration shops to double up as financial service providers in Chhattisgarh

Besides banking correspondent services through tie-ups with banks, the shops will be allowed to sell other commodities and general store items

Centre approves common communication plan for ramping up coastal security

The Ministry of Home Affairs (MHA) has approved a common communication plan for coastal security that envisages integrating marine law enforcement agencies into a single network for better coordination and seamless exchange of mission-critical information. The plan will be able to integrate all coastal security agencies in a common communication network with a dedicated spectrum for the purpose, a senior Indian Navy official has said. The dedicated spectrum will use a common band and it will be a big step in terms of boosting coastal security, said the official of the Western Naval Command, headquartered in Mumbai, who declined to be named. The construct of coastal security involves joint operations, exercises, and activities, which require coordination between multiple agencies at the Command and Control Centre of the Navy and at the field - be it ashore or at sea, he said. So communication between agencies and units involved with coastal security, especially those operating at se

In ODOP push, Centre asks states to onboard most products on GeM

G20 Presidency an opportunity to showcase ODOP products

Every second counts. Or does it? The answer holds leap second's fate

International timekeepers are meeting in France to debate the future of the bothersome leap second

India has democratised technology to fight poverty, says PM Modi

New demographic joining information superhighway, he says at Bengaluru Tech Summit

National security, building cybersecurity products on our agenda: DSCI CEO

'Tremendous amount' of data will be flowing into India, says leader of research and policy group