New Delhi

Onus of pulses procurement may go to states

The government is planning to shift the responsibility of procuring and distributing pulses to states while the Centre will play a supervisory role in the functioning of Rs 11,000 crore price stabilisation fund (PSF).
Since the fund is huge and the procurement has to be completed within a specified period, states will do a better job if they are provided the necessary policy support and funds, sources in the consumer affairs ministry said.

Captive power units cry for urgent coal supplies to avert crisis

Captive power producers, who command about 40,000 MW of generation, have urged the government to immediately address the problem of coal shortages at their plants that is not only forcing units to shut operations but also impacting the operations of their metal, mining and cement plants.

Gujarat, Himachal poll results to set course for winter session

The Gujarat and Himachal Pradesh assembly polls results are likely to set the course of the Winter Session of Parliament beginning Friday, with both treasury and opposition benches hoping for a positive outcome before they lock horns in the two Houses.

Infra spending may top Rs 5 lakh crore in FY19

The Centre will give a massive push to build and modernise its railways, waterways, roads and airports in the next financial year, as the Narendra Modi-led government aims to upgrade the strained infrastructure and boost the investment climate in the country.

Exit polls predict BJP retaining Guj, winning Himachal

All exit polls have predicted a clean sweep for BJP in Himachal Pradesh and Gujarat. The BJP is expected to topple the Congress government in Himachal Pradesh and retain Gujarat for a record fifth consecutive time. Most of the surveys have predicted that BJP will win around 110 seats in the 182-member Gujarat assembly. The contest is likely to be one-sided in Himachal Pradesh, where BJP is expected to win around 50 out of 68 seats.

Will significantly overtake disinvestment target: Jaitley

Finance Minister Arun Jaitley today said the government will "significantly overtake" the disinvestment target for the current financial year.

Speaking at the AGM of industry chamber Ficci, the finance minister also said that Air India disinvestment plan is moving expeditiously and is on track.

Blockbuster: Disney to buy 21st Century Fox assets for $52.4 bn

Walt Disney Co today agreed to buy key film and television operations of 21st Century Fox in a USD 52.4 billion stock deal that could reshape the media- entertainment world and step up a challenge to Netflix and emerging tech platforms.

The blockbuster transaction also vastly reduces the Fox media empire built by Rupert Murdoch, leaving the 86-year-old tycoon and his two sons with a more tightly focused group comprised of the Fox broadcast network, Fox News Channel and sports channels.

Vodafone 2nd arbitration: SC allows appointment of chairman

The Supreme Court today allowed the appointment of presiding arbitrator/chairman in the second arbitration initiated by Vodafone against India in connection with a tax demand of Rs 11,000 crore through a retrospective law of 2012.

A bench of Justices A K Sikri and Ashok Bhushan, however, said the second tribunal will not start proceedings in the matter till the Delhi High Court decides it by January 10.

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