Cooper Corporation, engine and auto components manufacturer, has entered into a strategic memorandum of understanding with Garden Reach Shipbuilders & Engineers (GRSE), a public sector undertaking, to jointly develop and manufacture small and medium diesel engines for marine applications.
Plan and Policy
Plan & Policy
India would prefer selling state-owned Air India to a domestic buyer, a government source told reporters on Monday, as it finalizes the privatization process.
Former Uttarakhand chief minister Harish Rawat said today that Prime Minister Narendra Modi's promise of a "double engine" for the state's development has proved to be a non-starter, and urged him to use "some special fuel" to propel growth.
The mysterious ‘braid choppers’ in the Kashmir Valley are emerging as an alibi for some people to get out of their troubles or settle scores, debunking the theory floated by anti-national elements that put the blame for the panic wave on central agencies, the state police said.
While the common man and the trading community continue to voice concern over ‘imperfect’ implementation of the goods and services tax (GST) and impact of demonetisation, which together have pulled down the economic growth of the country, Niti Aayog vice-chairman Rajiv Kumar has said the economic slowdown that began in 2013-14 has bottomed out and the gross domestic product (GDP) is likely to grow 6.9-7 per cent this financial year (FY18) and 7.5 per cent in FY19.
Nuziveedu Seeds (NSL) said on Saturday it will not settle a long-standing intellectual property dispute with Monsanto over genetically modified (GM) cotton, despite some other Indian companies doing so in recent weeks.
Reuters reported on Wednesday that three Indian seed makers – Ajeet Seeds, Kaveri Seed Co and Ankur Seeds – have agreed to resolve differences and end their arbitration proceedings with Monsanto.
Finance minister Arun Jaitley has said that he never talked about any stimulus package for boosting the economy. The media has spoken about it and “you should ask” them on it, Jaitley said when asked whether the government was considering a massive fiscal stimulus package.
“I have not used that phrase (fiscal stimulus). I said, we will respond to situations and your fraternity translated the word respond as meaning stimulus. So you are the ones who should be answering and not me,” the minister told reporters here in response to a question.
The space war among private carriers at Delhi’s sprawling airport has intensified, with IndiGo demanding a fresh allotment of operating slots for all airlines, including the ones functioning from the prime location of T-3.
IndiGo, which has the biggest fleet, has suggested several options to prevent a split of operations between two terminals. It has also proposed re-organisation of operations of all airlines in case none of the choices work.
An ambitious high-speed train project in south India has been delayed after Chinese railways, which completed a feasibility study a year ago, did not respond, railway officials have said, suggesting that the “lack of response” may be due to the Doklam standoff.
An internal brief of the mobility directorate on the status of nine high-speed projects of the railways, accessed by PTI, shows that the Chennai-Bangalore-Mysore corridor, a 492 km stretch, lies in limbo because the Chinese railways has failed to respond to the ministry’s communiques.
Amidst mounting pressure from farmers’ groups, the government may allow people to avail loan from banks at 4 per cent interest rate to buy cows and for facilitating fish farming.
There is pressure from farmers’ groups in various parts of the country to raise crop prices and waive loans.
Agriculture credit, which is confined only to crops so far, may be extended to animal husbandry and fisheries, sources said.