Cost cutting: No more new posts in Central ministries, departments

Cost cutting: No more new posts in Central ministries, departments

🕔21:58, 4.Sep 2020

New Delhi, Sep 4 Moving ahead with its cost-cutting measures amid a slowing economy and falling revenues, the Department of Expenditure has banned creation of new posts in all Central ministries, departments and statutory bodies. In an office memorandum on

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Smarter pricing, innovative finance to support auto sales: Goyal

Smarter pricing, innovative finance to support auto sales: Goyal

🕔18:49, 4.Sep 2020

New Delhi, Sep 4 Union Minister of Commerce and Industry Piyush Goyal on Friday asked the auto sector to go in for ‘smarter pricing’ and offer ‘innovative financing’ terms for buyers to shore-up their sales. Goyal spoke at the 60th SIAM

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BPCL post privatisation to bear cooking gas subsidy

BPCL post privatisation to bear cooking gas subsidy

🕔18:48, 4.Sep 2020

New Delhi, Sep 4  Cooking gas customers may continue receiving subsidy into their bank accounts post privatisation of PSU oil refiner and retailer Bharat Petroleum Corporation Ltd (BPCL), with the government clarifying to potential investors that the present system would

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NTPC, REC may give privatisation push for UTs power distribution

NTPC, REC may give privatisation push for UTs power distribution

🕔18:45, 4.Sep 2020

New Delhi, Sep 4  The Central government’s plan to privatise power distribution sector across the country starting with union territories (UT) has evinced interest from state-owned companies such as NTPC and REC, which through their subsidiaries are expected to bid

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India concerned about Afghan security situation: Rajnath Singh

India concerned about Afghan security situation: Rajnath Singh

🕔18:43, 4.Sep 2020

Moscow/New Delhi, Sep 4  India is concerned about the security situation in Afghanistan and will continue to support the local government’s efforts for peace, Defence Minister Rajnath Singh said on Friday. The minister is in Moscow to participate in a

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India should now focus on alternative biofuel technologies: Gadkari

India should now focus on alternative biofuel technologies: Gadkari

🕔18:42, 4.Sep 2020

New Delhi, Sep 4  Union Minister Nitin Gadkari on Friday said that the country should now focus on using more of alternative biofuel technologies. Speaking at the virtual Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), the Minister

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Situation along China border tense, but nation can count on us: Army Chief Naravane

Situation along China border tense, but nation can count on us: Army Chief Naravane

🕔18:41, 4.Sep 2020

Leh, Sep 4  Indian Army Chief General Manoj Mukund Naravane on Friday said that the situation along the Line of Actual Control (LAC) is tense and the force is prepared for all contingencies. “The nation can count on us,” said

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Indian, Chinese Defence Ministers to discuss border dispute

Indian, Chinese Defence Ministers to discuss border dispute

🕔18:39, 4.Sep 2020

Moscow/New Delhi, Sep 4  Indian Defence Minister Rajanth Singh and his Chinese counterpart Wei Fenghe will meet later on Friday to discuss their border disputes. Both are in Moscow to participate in the joint meeting of the Defence Ministers of

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IGI to get India’s first on-site Covid test lab, results in 6 hrs

IGI to get India’s first on-site Covid test lab, results in 6 hrs

🕔18:38, 4.Sep 2020

New Delhi, Sep 4  To test incoming international passengers, the country’s first on-site Covid testing facility is coming up at the capital’s Indira Gandhi International Airport and will provide RT-PCR test results within six hours. The facility, to be set

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Indian, Russian navies hold maritime exercise in Bay of Bengal

Indian, Russian navies hold maritime exercise in Bay of Bengal

🕔18:37, 4.Sep 2020

New Delhi, Sep 4  To boost mutual confidence and cooperation, a bilateral maritime exercise between the Indian Navy and the Russian Navy got underway in the Bay of Bengal on Friday. The exercise is taking place amid dispute over border

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REC-PDCL Bags 10MW Solar Project in Rajasthan

REC-PDCL Bags 10MW Solar Project in Rajasthan

🕔18:29, 4.Sep 2020

REC Power Distribution Company Ltd. (REC-PDCL), a wholly-owned subsidiary of REC Limited, has emerged as the lowest bidder to install a 10 MW solar power plant at Bagru Kala Town, Jaipur District, Rajasthan on BOO (Build-Own-Operate) basis. As per the request for

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Covid disruptions push up power trade on exchanges

Covid disruptions push up power trade on exchanges

🕔17:49, 4.Sep 2020

New Delhi, Sep 4  The Covid-19 related suppression of demand in the power sector has strengthened group for increased power trading in the country to try to meet the short term needs of the consumers. In August, when overall peak

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RBI revises priority sector lending norms, raises credit limits

RBI revises priority sector lending norms, raises credit limits

🕔17:45, 4.Sep 2020

Mumbai, Sep 4 The Reserve Bank of India (RBI) on Friday released its revised priority sector lending guidelines wherein the credit limits have been raised for farmer producer organisations, renewable energy and for health infrastructure. As announced by the RBI Governor,

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Covid test report mandatory to enter Parliament during session

Covid test report mandatory to enter Parliament during session

🕔13:44, 4.Sep 2020

New Delhi, Sep 4  As Parliament is geared up for the upcoming Monsoon Session, the Lok Sabha and Rajya Sabha Secretariats have issued detailed guidelines for MPs, their personal staff and parliamentary employees to follow during the period. The members

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IOC chartered oil tanker continues to blaze, dousing operations on

IOC chartered oil tanker continues to blaze, dousing operations on

🕔13:43, 4.Sep 2020

Chennai, Sep 4  The fire fighting operations are continuing for second day in succession on the blazing very large crude carrier (VLSS) New Diamond chartered by Indian Oil Corporation (IOC), said the Indian Coast Guard. According to Coast Guard, the

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Will take up GST cut demand with FM, PM: Javadekar

Will take up GST cut demand with FM, PM: Javadekar

🕔13:41, 4.Sep 2020

New Delhi, Sep 4  Union Minister Prakash Javadekar on Friday assured the automobile industry that he will take up its demand for a cut in the Goods and Services Tax (GST) with the Union Finance Minister and the Prime Minister.

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Paytm trims losses by 40%, revenue hits Rs 3,629 crore in FY20

Paytm trims losses by 40%, revenue hits Rs 3,629 crore in FY20

🕔13:39, 4.Sep 2020

New Delhi, Sep 4  Digital payments major Paytm on Friday said its revenue for the fiscal year ended on March 31 increased to Rs 3,629 crore with a 40 per cent decline in losses. Paytm said that expanding its financial

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Israeli flag carrier announces cargo flight to Dubai

Israeli flag carrier announces cargo flight to Dubai

🕔13:38, 4.Sep 2020

Tel Aviv, Sep 4  Israeli flag carrier El Al announced that it will launch the first cargo flight to Dubai, days after its historic commercial passenger flight to the United Arab Emirates (UAE). The cargo flight is scheduled to depart

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ITC gears up for ‘Next Normal’

ITC gears up for ‘Next Normal’

🕔13:33, 4.Sep 2020

New Delhi, Sep 4 In his AGM address on Friday, Sanjiv Puri, Chairman, ITC Limited, outlined the top strategic priorities in preparing for the ‘Next Normal’ and Reimagining the Future for ITC during the unprecedented times. ITC Chairman also reiterated its

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Facebook rolls out TikTok rival Instagram Reels in India

Facebook rolls out TikTok rival Instagram Reels in India

🕔13:31, 4.Sep 2020

New Delhi, Sep 4  As millions of Indians scout for new platforms to unleash their creativity in absence of Chinese TikTok, Facebook on Friday launched its short video making app Instagram Reels in India. The Reels Tab is a new

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