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.

India calls off planned meeting with Pakistan's foreign minister

India called off on Friday a planned meeting of its foreign minister with her Pakistani counterpart on the sidelines of the U.N. General Assembly later this month.

India has decided to drop the idea of the proposed meeting, the first such high-level talk planned in years between the nuclear rivals, to protest about the killing of Indian security personnel and the glorification of a militant and militancy by Pakistan, India’s foreign office said in a statement.

Fitch revises Tata Motors outlook to negative

Fitch Ratings on Thursday said it has revised the outlook on Tata Motors to 'negative' from 'stable' on expectations that higher capital spending at Jaguar Land Rover will result in negative free cash flow in the current and the next financial year.

In a statement, Fitch said it believes that a disorderly Brexit (UK exiting from European Union) could significantly disrupt JLR's supply chain and affect the company's earnings and cash generation.

It affirmed the long-term issuer default rating of Tata Motors' at 'BB+'.

2,000,000,000 youth at risk of being left behind

Global workforce is not able to keep up with the current rate of change that em­e­rging technologies are brin­ging to wo­rkplace, and ne­arly two billion youth wo­rldwide stand to be left behind, says a Deloitte report.

Around 1.8 billion global youth are between the ages of 15 and 29, and the fourth industrial revolution will significantly shape their roles as the future workers, consumers, and competitors.

FinMin pegs dollar value at Rs 73.65 for computing import duty

The finance ministry on Th­ursday pegged the exch­a­n­ge rate for dollar at Rs 73.65 for calculation of import duty with effect fr­om September 21 against Rs 72.55 a fortnight ago.

Similarly, in case of po­u­nd sterling, the value has be­en fixed at Rs 97.40 as compared with Rs 94.30 earlier. As regards to euro, the conversion rate for ca­l­culating taxes on imported goods has been fixed at Rs 86.55 agai­nst Rs 85.05 on September 6, according to a finance mi­n­istry statement.

Diphtheria infection kills 12 kids in 14 days at Delhi hospital

In a shocking case of neglect at Delhi government’s Maharishi Valmiki Infectious Disease Hospital, 12 children have died in the past 14 days. All dead were aged 6-12 years and were suffering from severe diphtheria infection. The deaths were reported between September 6 and 19.

All children were from outside Delhi and were referred to the hospital for the treatment. At present, there are roughly 300 diphtheria patients admitted in the hospital.

Pilot error or aircraft defect? Only thorough probe can tell

A probe will establish the reason for drop in cabin pressure that left dozens of passengers bleeding through nose and ear onboard a Jet Airways flight, but experts are not ruling out possibilities other than pilot error.

In case there is malfunction in aircraft systems or defects, the role of aviation regulator Directorate General of Civil Aviation (DGCA) will come under question.

India to be $10 trillion economy in next decade: PM

Prime minister Narendra Modi said on Thursday that his government will continue to take tough decisions and expressed hope that the size of the Indian economy will double to $5 trillion in the next five-seven years.

Global meet on sustainable trade and standards

The two-day international convention on sustainable trade and standards organised jointly by Quality Council of India (QCI) and the United Nations Forum on Sustainability Standards  concluded recently.