Plan and Policy

Plan & Policy

Govt examining Facebook, Cambridge Analytica responses

The government is “examining” the responses furnished by Facebook and Cambridge Analytica on the data breach issue, while it keeps a close watch on global developments on the matter, a senior IT ministry official said on Tuesday. The US social networking giant is facing intense scrutiny from its users as well as governments across the globe after a data leak scandal hit about 87 million users.

CBI files Rs 621cr Punjab & Sindh Bank fraud case

The central bureau of investigation (CBI) has registered an Rs 621 crore fraud case on a complaint from Punjab & Sindh Bank aga­i­n­st a Delhi-based pharmaceutical company; its two promoters/directors; a director of Dubai-based company. 

Cases were also registe­r­ed against a Du­bai-based fi­rm’s proprietor; a director of Patiala-based firm and others including then directors of firms and others un­der se­ctions 120-B (read with sections 420, 467, 468, 471) of IPC and section 13 (2) {read with section 13 (1)(d)} of PC Act.

Breather for traders as GSTR-3B continues for now

In a respite to trade and industry, the ministerial panel chaired by Sushil Modi has decided to allow them to continue filing their returns in a summary GSTR-3B form until a single-page return form is finalised.

RBI denies cash crunch, ramps up printing of notes

Amid reports of cash cru­n­ch and empty automated tel­ler machines (ATM) in several states, the Reserve Bank of India on Tuesday de­nied that there is a curre­ncy shortage. However, the central bank said it has ta­ken steps to ramp up printi­ng of notes. “It has been rep­orted in a section of the me­dia that th­ere is shortage of currency in certain parts of the country. It is clarified at the outset that there is su­f­ficient cash in RBI vaults and currency ch­ests,” RBI said.

Westinghouse can deliver nuclear reactors to India: US

Westinghouse Electric Co, the US-based nuclear energy project developer that is emerging out of bankruptcy, will soon start work on building six 1,000 mw reactors in Andhra Pradesh and conclude its part of the commitment made under the 2016 Indo-US civil nuclear deal.

The company was to bui­ld 7,200 mw N-power plant, using AP1000 reactors, at Kovvada in Andhra Pr­adesh. But the project ski­d­ded into a limbo when Wes­tinghouse filed for bankruptcy in 2017.

Delhi govt cancels appointment of nine advisors

The Delhi government today cancelled the appointment of nine advisors, including the one to Deputy Chief Minister Manish Sisoida, after the Union Home Ministry said that these posts were "not sanctioned".

According to an order issued by General Administration Department of the Delhi government, the MHA had written in its letter that these posts on which the appointees are officiating are not in the list of posts approved for the ministers and the chief minister.

Govt raises FY19 highway project award target to 20,000 km: Gadkari

The government has fixed the national highways project award target at 20,000 km for the current fiscal, up 25 per cent over the previous year, Union Minister Nitin Gadkari said today.

However, the highway construction target for 2018-19 has been pegged at 16,420 km, and per day construction target has been fixed at 45 km for the current fiscal as against last year's about 27 km per day.

Germany backs India’s inclusion in NSG

Strongly pitching for India’s inclusion in the Nuclear Suppliers Group (NSG), Germany on Monday said the global export control system would benefit a lot from New Delhi’s participation in all its four regimes.