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Govt yet to decide on banks to be privatised, say MoS Finance Karad

New Delhi, Feb 7 (PTI) The government has not yet decided on public sectors banks that are to be privatised, Minister of State for Finance Bhagwat Karad informed Parliament on Monday. The government had in Budget 2021-22 announced its intent to privatise two public sector banks (PSBs) during the year. "As per inputs received from [...]

Union Budget has outlined steps to boost MSMEs: Dalit trade body

Aurangabad, Feb 7 (PTI) Dalit Indian Chamber of Commerce and Industry (DICCI) founder Milind Kamble on Monday said amid the coronavirus pandemic, it was necessary to encourage employment in the country and the Centre has tried to do the same in the Union Budget for 2022-23 which has outlined various steps for the MSME sector.To [...]

India, ASEAN can develop entire ecosystem for renewable energy: R K Singh

New Delhi, Feb 7 (PTI) Union Power and New & Renewable Energy Minister R K Singh on Monday said India and ASEAN together can develop the entire ecosystem for renewable energy (RE) and explore the joint initiative for building RE manufacturing hubs in the region. At the ASEAN-India High-Level Conference on Renewable Energy, in his [...]

JSCL signs pact for development of Apsara Road ‘High Street’

Jammu, Feb 7 (PTI) Aiming to develop street, walkability experience and connectivity for citizens, Jammu Smart City Ltd (JSCL) on Monday signed a pact for the development of Apsara road 'High Street' Gole market area along with the adjoining roads, an official said. The Rs 50-crore development project, under the Smart City programme of the [...]

India GDP estimated at Rs 147.5 lakh crore in FY22: Chaudhary

New Delhi, Feb 7 (PTI) India's gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a query in the Lok Sabha, Chaudhary said the government has implemented several major reforms [...]

Business briefs

*AGEL gets nod to become member of GRI South Asia Charter on Sustainability Imperatives New Delhi, Feb 7 (PTI) Adani Green Energy has announced that it has received the approval for being a member of the GRI South Asia Charter on Sustainability Imperatives. The GRI South Asia Charter on Sustainability Imperatives - a unique creation [...]

SFIO has received 8 complaints regarding violation of IBC provisions: Govt

New Delhi, Feb 7 (PTI) Serious Fraud Investigation Office (SFIO) has received eight complaints regarding violation of various provisions of the insolvency law, Union minister Rao Inderjit Singh told Lok Sabha on Monday. He did not provide specific details. The Insolvency and Bankruptcy Code (IBC) provides a market-linked framework for resolution of stressed assets and [...]
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