Plan and Policy

Plan & Policy

Govt hopeful of meeting Dec deadline

Even as the deadline of December 31for connecting one lakh gram panchayats with high speed broadband services under the phase I of BharatNet project approaches, about 18,500 of them are yet to be provided with data connectivity. The government is hopeful of meeting the target well on time though.

Bids for RCom's spectrum, tower to open this week

Bids for assets of spectrum, towers and optical fibres of debt-ridden Reliance Communications (RCom) will open this week under the aegis of the joint lenders forum as the Anil Ambani-led company is pushed to the wall by bankers to repay their accumulated Rs 44,000 crore debt.

Global, local traders differ on Nov figures

Global diamond mining majors and trading hubs find that the low base effect due to demonetisation and stronger India demand this year have led to a surge in November exports. Gems and jewellery exporters in India, however, are not willing to buy the findings.

Panama: ED seizes assets linked to former IPL chairman

The Enforcement Directorate (ED) today said it has seized mutual funds valued at Rs 10.35 crore under the FEMA law of a company "controlled" by businessman and former IPL Chairman Chirayu Amin in the Panama Papers case.

The central probe agency said it seized mutual funds of Whitefield Chemtech Private Limited, "which is controlled by Amin and his family", under section 37A of the Foreign Exchange Management Act (FEMA).

BJP MP quits party, Lok Sabha; to share dais with Rahul Gandhi

BJP MP from Maharashtra Nana Patole, a critic of the central and state governments’ handling of farmers issues, on Friday resigned from the party and the Lok Sabha, accusing the saffron party of failing to keep the promises it made to the people.

Announcing his decision, he told reporters that he would join Congress vice president Rahul Gandhi at a rally in Ahmedabad on December 11. People, he alleged, are “dying” due to the BJP governments’ policies, a reference to farmers’ suicide, and that his voice was being “stifled”.

Delhi govt cancels licence of Max Hospital

The Delhi government on Friday cancelled the licence of Max Hospital, Shalimar Bagh with immediate effect, for alleged medical negligence including the twins case in which one of the babies was found alive after being declared dead by the doctors.

The move came after a three-member inquiry panel of the government submitted its final report to Health Minister Satyendar Jain, who described the incident as “not acceptable”.

China cries drone ‘intrusion’; Sikkim hots up again

Days ahead of Chinese Foreign Minister Wang Yi’s visit to New Delhi to attend the Russia-India-China Trilateral meeting, China on Thursday said an Indian drone “intruded” into its airspace and crashed in the Sikkim sector which includes Dokalam, prompting Beijing to lodge a diplomatic protest with India over the violation of its territorial sovereignty.

Neech Modi jibe backfires, Cong suspends Aiyar

Congress suspended Mani Shankar Aiyar from primary membership of the party after he kicked up a row by calling Prime Minister Modi a “neech” (vile man), drawing a sharp reaction from the latter who dubbed it as an “insult” to Gujarat and a reflection of “Mughal mentality”. Congress leader Rahul Gandhi disapproved of Aiyar’s remarks and said both he and the party expected him to apologise.

US to train 50 young Indian entrepreneurs

The recently concluded much-hyped Global Entrepreneurship Summit (GES) in Hyderabad has set the ball rolling and the US administration does not seem to be leaving at just there. 

The US embassy, which runs a dedicated entrepreneurship and business development centre in Delhi, has decided to launch a special programme for 50 young (below 35 year) entrepreneurs in association with the University of Texas.