NITI Aayog`s intervention sought in Pesticide Management Bill, 2017

A Maharashtra government panel for farmers on Tuesday sought the NITI Aayog's urgent intervention to ensure discussions with all stakeholders before bringing about the changes in the proposed Pesticide Management Bill, 2017.

The proposed Bill would be introduced by the Ministry of Agriculture.

Vasantrao Naik Shetkari Swavalamban Mission (VNSSM) Chairman Kishore Tiwari ha

Over Rs 50,000 crore spent on rail safety till August 31

The government on Tuesday said it has spent over Rs 50,000 crore out of a total outlay of Rs 1.31 lakh crore on rail safety in this fiscal.

The government has planned a capital expenditure outlay of Rs 131,000 crore for railway safety in 2017-18, of which it spent Rs 50,762 crore till August 31, Finance Secretary Ashok Lavasa told reporters after a Union Cabinet meeting.


SAIL must ramp up production from New Rail Mill: Minister

The Union Steel Minister Birender Singh has expressed displeasure over tardy progress in critical areas of strategic importance, and he said that SAIL must ramp up production from New Rail Mill in Bhilai without wasting any more time, and meet all the requirements of its major customers. Company should chalk-out a time bound action plan to cater to the Indian Railways’ increasing demand,

Around 331 infrastructure projects see cost overrun: Reports

According to a government report, around 331 infrastructure projects, each worth Rs 150 crore or above, have seen a cost overrun of Rs 1.72 lakh crore because of various reasons including delays. As per reports, Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Commenting on the issue, a Ministry Official told the media, “Th

Government okays Rs 7 lk cr highway projects including Bharatmala

The government today approved Rs 7 lakh crore worth highway projects including the ambitious Bharatmala, an official said. The development comes barely few months after Union Minister Nitin Gadkari told PTI that the government will soon launch the Bharatmala project to build over 20,000 km of highways in the first phase.

The Cabinet today gave the go ahead to highway projects worth ab

EESL achieves further reduction in smart meter price

Energy Efficiency Services Limited (EESL) has achieved a further price reduction in the procurement of 50 lakh smart meters, basis a reverse auction of the tender conducted last week, according to a statement released by the Ministry of Power. The Power Ministry said that ITI Limited has emerged as the lowest bidder (L1 bidder) in this reverse auction, followed by Genus Power and KEONICS. ITI L

Railways to fast track projects to ensure commuter safety

The Railways has said that it has identified the projects that are to be executed on a fast track mode to ensure safety of commuters. As per reports, 23 people were killed and 35 others injured in a stampede that broke out on a crowded pedestrian bridge at the Elphinstone Road station on September 29. Commenting on the issue, S K Jain, Divisional Manager of Mumbai Division of Central Railway to

Government plans to invest Rs 1.45 lakh cr in North-East road infrastructure

To upgrade infrastructure in the North-East, the government is planning to undertake highway projects worth about Rs 1.45 lakh crore in next two to three years, Union Minister Nitin Gadkari said. The government has already taken up many road improvement projects under Special Accelerated Road Development Programme for North-East for better connectivity in the region, besides setting up National

India Post Payments Bank hires ex-Vodafone top exec as MD, CEO

India Post Payments Bank (IPPB) said that it has appointed Suresh Sethi, former Vodafone M- Pesa managing director, as the bank's MD and CEO. Sethi takes over from AP Singh who had been the interim MD and CEO of IPPB since January 2017. The IPPB had targeted to set-up 650 branches across country by September this year but it now aims to complete the roll out of these branches by early next

India culturally dominated China for over 2,000 yrs: Rajnath Singh

India has "culturally controlled and dominated" China for over 2,000 years, Home Minister Rajnath Singh said, pitching for using tourism to increase India's global influence, reported PTI. It is tourism that could make India a superpower, he said at the finale of Paryatan Parv, a nationwide tourism festival organised by the Tourism Ministry.

Hu Shih, who was the vice-cha

Online transactions on the rise, but cash is still king

Almost a year down the line, is Prime Minister Narendra Modi's dream of making India a cash-less or less-cash country becoming a reality?

Industry stakeholders feel that though the note-ban drive by the government gave the necessary impetus to citizens to start adopting online payment platforms, a lot needs to be done by both the government and the industry to make it a su

VMware eyeing Indian telecom sector to boost its growth: CEO

 After establishing its presence in the banking and the government institutions in India, Cloud infrastructure and business mobility major VMware is eying the vast telecommunications sector to further boost its growth, its CEO Pat Gelsinger has said.

"We have clearly been the leader in the banking sector and have had good success with the governmental institutions. And the o

Amul offers business proposal to Railways: Reports

Dairy giant Amul has reached out to the Indian Railways on its official Twitter handle with a business proposition to use its refrigerated parcel vans to transport Amul Butter across India, said media reports. As per reports, the Railways promptly responded on the micro-blogging site, using a popular tag line of the company for the brand.

“IR will be utterly butterly delighted t

Airtel alone gains customers in September among old telcos: COAI

Among five incumbent private mobile operators, only Bharti Airtel added new subscribers in September while the rest lost more than 29 lakh customers, as per the data released by industry body COAI, reported PTI. Airtel added over 10 lakh or a million customers in September which reduced the net loss of joint subscriber base of the five telecom operators (others being Idea, Vodafone, Aircel and

Vertoz to raise Rs 20 crore through IPO

Vertoz, a programmatic advertising company, proposes to raise Rs 20 crore through an initial public offering (IPO), reported PTI. The company recently filed documents with the regulator for the proposed Rs 20-crore IPO and is expecting approval this week. As part of its expansion plans, the company is now focusing on the USA and UAE operations to increase overall revenues, a statement issued he

`Realty sector to continue to face headwinds in near-term`

Even as the new sales bookings improved during the April-June 2017 as compared to Q4 FY2017, the realty sector continues to face demand headwinds on account of subdued macro-economic environment and consumer sentiment in near-term, says ratings agency ICRA as per the PTI report. According to ICRA, the value of sales has steadily improved from Rs 2,709 core in Q3 FY2017 to Rs 3,310 crore in Q4 F

TRAI issues recommendations on approach towards sustainable telecommunications

Aiming to reduce carbon footprint from the sector, the Telecom Regulatory Authority of India (TRAI) on Monday issued recommendations on the approach towards sustainable telecommunications.

"While contribution of the ICT (Information & Communication Technology) sector to the global carbon footprint is low compared to other sectors like transportation and construction, it never

Infrastructure firm MD convicted for not remitting TDS

The Special Court of Economic Offences, Bengaluru, convicted the Managing Director of an infrastructure firm for not remitting the income tax deducted at source (TDS) from its employees to the government account, the Income Tax Department said on Monday.

The court held that the accused had committed an offence punishable under section 276B of the Income Tax Act, 1961 and imposed rigor

Shipping industry lobbied UN on emissions

The shipping industry has aggressively lobbied the UN to obstruct climate change action for shipping, ensuring it remains the only sector in the world not currently subject to any emission reduction measures, a new research by InfluenceMap said on Monday.

The report, "Corporate capture of the UN International Maritime Organisation: How shipping lobbies to stay out of the Paris Ag

Jio to change from a hunter to farmer by 2018: Fitch Ratings

The new entrant in the telecom industry, Reliance Jio, is expected to shift its approach from a hunter to a farmer by 2018, said Nitin Soni, Director at Fitch Ratings.

"Right now they are hunting for a larger subscriber base, they already have about 139 million subscribers, by 2018 we expect them to achieve about 200 million subscribers," Soni told BTVi in an interview.

Kandla port gets clearance to develop smart city: Reports

A senior official has said that state-owned Kandla Port Trust has received environment clearance for setting up a Rs 1,176-crore smart industrial port city in Gujarat. As per reports, the proposal is to develop a smart industrial port city at two separate sites in Gandhidham which would house about 35,700 residential flats, schools and parks, and would generate jobs to more than 60,000 people.<

India an attractive LNG spot market: Experts

India is an attractive market for Liquefied Natural Gas (LNG) spot trade though its power generating sector will continue to rely significantly on coal, energy industry executives said here today. "The LNG market is getting shorter, more liquid and transparent that suits market like India as there are going to be more LNG available on the spot (trade), said Martin Houston, vice chairman of

Healthcare IT Cos raise $ 5.5 bn in VC funding in January-September2017

Global healthare IT/digital health companies have raised USD 5.5 billion in VC funding in January-September this year, more than in all of 2016, says a report. According to Mercom Capital Group, healthcare IT/digital health companies raised USD 5.5 billion in 586 deals from global VCs in the January-September period of 2017 against USD 4.2 billion from 463 deals in the same period of last year.

HSBC appoints Jayant Rikhye as CEO of India operations

Hongkong and Shanghai Banking Corp (HSBC) on Monday announced the appointment of Jayant Rikhye as the Chief Executive Officer of HSBC India with effect from December 1, subject to regulatory approvals.

According to the company, in his new role, Rikhye will lead HSBC's next phase of growth in the country where he first joined the group in 1989. 

"A HSBC Group Ge

Tourism min policy to standardise homestays by October end

Homestays will soon get their own common national standard and accreditation with the tourism ministry in the process of finalising details of a comprehensive national policy, said a senior official. The policy could be announced as early as next week. Earlier this month, senior officials of the tourism ministry had a meeting with aggregators like Air B&B, Makemytrip, Yatra and Oyo to discu