Delhi chief minister Arvind Kejriwal’s nephew Vinay Bansal was arrested on Thursday by an anti-graft body in connection with alleged financial irregularities in a drainage project for the PWD, prompting the AAP to allege that it was a conspiracy to malign the party chief's image and harass his relatives.
Plan and Policy
Plan & Policy
Embattled businessman Jignesh Shah on Thursday said he has filed an appeal at the Bombay High Court seeking to quash CBI’s FIR and to declare the searches by the central agency as illegal.
“Central agencies are being misled by vested interests who are trying to divert the attention from the truth getting established and prejudice the minds of investigating agencies and the ongoing judicial cases.
“However, we’ve full faith in the judiciary and continue to believe that ultimately truth shall prevail,”' 63 Moons Technologies chairman emeritus Shah told reporters here.
The government has said there is a great deal of interest for disinvestment of Air India, amid the deadline for submission of preliminary bids ending this month.
The last date for submission of expressions of interest (EoI) for the proposed 76 per cent stake sale in debt-laden Air India is May 31. Earlier this month, the government came out with clarifications related to the disinvestment.
The telecom department has sought a meeting with the civil aviation ministry early next week to put together framework for the licence conditions and guidelines to operationalise ‘in-flight’ data and voice connectivity within four months. “We plan to hold a meeting on May 14 or May 15 on this,” telecom secretary Aruna Sundararajan said here.
The draft new telecom policy (NTP) is not overly ambitious and is backed by industry’s strong fundamentals and headroom for market growth, telecom secretary Aruna Sundararajan said on Thursday. The industry has “not done its bit” on innovation and IPR front yet, she said nudging states to move more swiftly to accelerate digital infrastructure.
The central government has set its premium contribution of Rs 1,500 per family towards the national health protection scheme (NHPS) that envisages Rs 5 lakh cover for 10 crore families.
The Centre has asked states to start the tendering process for the insurance firms this month, though industry experts are doubtful about meeting the deadline.
The ministry of micro, small & medium enterprises is in talks with the Reserve Bank of India (RBI) to explore ways to improve credit flow to micro, small and medium enterprises across the country, a top government official said on Thursday.
“In order to ensure that credit flow for MSMEs is up to the expectation, gaps are bridged and their problems are addressed, the ministry is holding discussions with RBI about promoting fin-tech companies, which can reach out much better than the scheduled commercial banks to the MSMEs all across India,” MSME secretary SK Panda said.
The resolution process for Binani Cement may land up in the Supreme Court again with Dalmia Bharat keeping its options open to seek legal remedy once more if it remained unsatisfied with appellate tribunal’s proceedings for a stay on UltraTech’s bid for the insolvent entity.
A massive controversy rocked Karnataka after nearly 10,000 “fake” voter ID cards were seized from a flat in Rajrajeshwari Assembly seat, prompting the BJP to demand countermanding of the election claiming Congress was behind the racket, a charge dismissed by the latter as a “lie”.
With just three days left before Karnataka goes to poll, the BJP and Congress, the two main contenders for power, went after each other, claiming the flat belonged to a woman associated with the rival party.
The commerce ministry is working with different ministries to formulate separate plans for 12 services sector, including information technology (IT), tourism and logistics, with a view to boost growth in these segments, a top government official said on Wednesday.
In February, the government approved an action plan for 12 ‘champion’ services sectors, including IT, tourism and hospitality, for realising their potential through establishment of a Rs 5,000 crore dedicated fund.