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Govt to launch common portal for different schemes

New Delhi, Mar 27 (PTI) To improve the ease of living for the common man, the government is working on a proposal to launch a common portal for various schemes run by different ministries and departments.As part of the Narendra Modi government's vision of minimum government maximum governance, the new portal will initially onboard 15 [...]

Singapore further extends levy rebate on foreign workers till June

Singapore, Mar 27 (PTI) Acknowledging that labour-intensive industries in the country continue to face manpower shortage, the Singapore government on Sunday again extended foreign worker levy rebate for three months, a move which will help companies dependent on imported workers.The levy rebate extension is part of several support measures that were put in place to [...]

MP power company hires drones to detect faults in transmission lines

Jabalpur, Mar 27 (PTI) The state-owned Madhya Pradesh Power Transmission Company Limited (MPPTCL) has hired drones to detect faults in the high voltage transmission lines, officials said on Sunday. The drones are being used on an experimental basis for a year in dense forests, hilly terrains and plains in and around Jabalpur, doing away with [...]

Lenders approve IL&FS’ debt recast proposal for CNTL

Mumbai, Mar 27 (PTI) The lenders have approved IL&FS Group's proposal to restructure the Rs 5,500 crore debt of its subsidiary Chenani Nashri Tunnelway (CNTL), which offers almost full repayment to them.The move comes after the company has revalued itself at Rs 5,257 crore now after the deal with Cube Highways of Singapore failed last [...]

Bengal to intensify efforts to attract investors: WBIDC Chairman

New Delhi, Mar 27 (PTI) The West Bengal government will intensify its investor outreach efforts, and is betting big on a planned deep-sea port, coal mine and industrial corridor being developed in the state to attract entrepreneurs, a top official has said. West Bengal Industrial Development Corporation (WBIDC) Chairman Rajiva Sinha said there is a [...]

Mumbai SEEPZ directs units to resume physical offices from Sep

New Delhi, Mar 27 (PTI) With Covid cases declining, Santacruz Electronic Export Processing Zone Special Economic Zone (SEEPZ SEZ) Mumbai has directed its units to start functioning from office with 100 per cent capacity from September 1 this year.According to a communication of the office of the development commissioner SEEPZ SEZ, it is decided that [...]

Draft rubber bill proposes one-time registration, removal of some archaic provisions

New Delhi, Mar 27 (PTI) To promote ease of doing business and growth of the sector, the draft rubber bill has proposed a series of steps, including replacement of periodic licensing with one-time registration, removal of permission requirement for possession of natural rubber and laying down clear procedures for inspection.The commerce ministry has proposed the [...]
India pays for Russian LNG imports in US dollar

India pays for Russian LNG imports in US dollar

India's largest gas utility GAIL (India) Ltd continues to pay for the LNG it imports from Russia's Gazprom in US dollars and will seek exchange rate neutrality in case payments are sought in any other currency such as Euro, two sources said. GAIL has a deal to receive 2.5 million tonnes of liquefied natural gas [...]
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