Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman on Thursday said it was necessary to address the challenges of conflict and violence to achieve the twin role of ending extreme poverty and boosting shared prosperity."Union Finance Minister Smt. @nsitharaman attended Ministerial Dinner for Development Committee members in Washington D.C., today," the Finance Ministry said in [...]
Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India as the country is poised to be the fastest-growing large economy in the world. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect [...]
New Delhi, Apr 21 (PTI) Bharti group-backed Oneweb has received a licence from the government to provide satellite services in the country, an official source said on Thursday. UK-based Oneweb has plans to provide connectivity in the country through OneWeb satellite from mid-2022. "The Department of Telecom has issued Global Mobile Personal Communication by Satellite [...]
Kolkata, Apr 21 (PTI) The West Bengal government on Thursday announced setting up of sectoral committees to forge synergies between the authorities and industries in which business doyens will function as co-chairmen.Amit Mitra, the principal chief advisor to Chief Minister Mamata Banerjee, said the committee for agriculture and allied products will be co-chaired by ITC [...]
Mumbai, Apr 21 (PTI) Industrialist Gautam Adani, whose group runs a slew of businesses from airports to ports, and power generation to distribution, has said if the country becomes a USD 30-trillion economy as projected by 2050, it can also be home to a nation wherein no one will go to bed on empty stomach. [...]
Kolkata, Apr 21 (PTI) The West Bengal government on Thursday announced setting up of sectoral committees to forge synergies between the authorities and industries in which business doyens will function as co-chairmen.Amit Mitra, the principal chief advisor to Chief Minister Mamata Banerjee, said the committee for agriculture and allied products will be co-chaired by ITC [...]
Mumbai, Apr 21 (PTI) Hong Kong-based international airline Cathay Pacific on Thursday said it will resume scheduled flight services to India in a phased manner from May 4 onwards. Flight services on the Mumbai-Hong Kong route will resume from May 4, while the air connectivity between Hong Kong and Delhi will be restored from [...]
New Delhi, Apr 21 (PTI) Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) [...]
New Delhi, Apr 21 (PTI) The finance ministry has barred public sector enterprises from bidding for other Central Public Sector Enterprises (CPSEs) which are on the block for privatisation, as it would defeat the very purpose of the disinvestment policy. Stating that transfer of management control from the government to any other government organisation or [...]
New Delhi, Apr 21 (PTI) ICICI Lombard General Insurance Company on Thursday reported 10 per cent decline in net profit at Rs 313 crore for the fourth quarter ended March 2022.The non-life insurer had posted a net profit of Rs 346 crore in the corresponding period of 2020-21. The gross direct premium income (GDPI) of [...]
