Centre to spend Rs 1,054 cr on modernising paramilitary forces

The Union Home Ministry is set to spend Rs 1,054 crore in the next two years on the procurement of modern weapons, vehicles and other equipment for central paramilitary forces, an official said on Thursday.

To help the law enforcement agencies in detecting, arresting and prosecuting criminals expeditiously, the official said three more central forensic laboratories will start function

Only 13% companies used digital to drive both growth, efficiency: Survey

Only 13 per cent of the companies across the world used digital technologies to drive both growth and efficiency, a survey said on Thursday.

The joint survey by the Internet and Mobile Association of India (IAMAI) and Accenture India revealed that 34 per cent of the companies focused on the digital mode to ensure new levels of efficiency only whereas 44 per cent utilised it to drive o

ITC food facility to lift Punjab`s food processing sector: Chief Minister

Punjab Chief Minister Amarinder Singh on Thursday inaugurated the ITC's new state-of-the-art integrated food manufacturing and logistics facility here, giving a major fillip to the state's food processing sector.

Spread over 72 acres, with an initial outlay of approximately Rs 1,500 crore, the world-class facility will manufacture ITC's food brands.

Besides suppo

Mumbai Metro launches `SecuCare` app for safer commuting

The Reliance Infrastructure-promoted Mumbai Metro One on Thursday launched the first mobile security product, "SecuCare" app to make commuters more secure.

With the help of this app, a commuter can click pictures or make videos which will get directly transmitted to the Central Security Control Room of the Metro Corporate Centre in DN Nagar, along with the commuter's tra

Camping, large car park sites soon in Goa for low-budget tourists: Manohar Parrikar

Caravan park-like facilities will be created in the coastal tourism-friendly pockets in Goa, where low budget tourists travelling by buses and large vans can camp, cook and access toilet facilities for a small fee, Chief Minister Manohar Parrikar said on Thursday.

He was responding to a zero hour mention, during the assembly's ongoing monsoon session, raised by Leader of Oppositio

Sugar production in UP to cross 100 lakh tonnes: Industry

Industry body, the Indian Sugar Mills Association (ISMA), on Thursday said that sugar production in Uttar Pradesh was set to cross 100 lakh tonnes in 2017 and the total countrywide production was expected to be 251 lakh tonnes.

Sugar production in major sugarcane growing state of Maharashtra had gone down to 42 lakh tonnes in 2016-17.

"This year, we are expecting it to

Nearly 70% Indian firms might deploy AI before 2020: Intel

As firms' appetite for the adoption of Artificial Intelligence (AI) grows, a report on Thursday said 68.6 per cent Indian organisations might deploy it before 2020.

The Intel India commissioned report, undertaken by the International Data Corporation (IDC) that surveyed 194 Indian organisations across sectors, said 71 per cent are looking at increased process automation as a key b

Supreme Court order on interim relief on mandatory linking of Aadhaar on Friday

The Supreme Court will on Friday pronounce its order on the plea for interim relief on a batch of petitions seeking stay of various Central and state government notifications mandating the linking of Aadhaar with various schemes including taking exam by the students, availing scholarship, cremation and treatment of HIV positive patients.

The government has already issued 139 notificat

Petroleum products could be taxed above GST: Bihar Deputy Chief Minister

Even if petroleum products are brought under Goods and Service Tax regime, central and state governments will be free to levy taxes over and above the GST slabs, Bihar's Deputy Chief Minister Sushil Modi said on Thursday.

"... I want to clarify one thing -- in whichever country the petroleum products are part of the GST, they are in the highest tax slab, and the states and Ce

We need virtue of frugality for energy saving: President

India needs to bring to bear its traditional virtue of frugality for effective energy conservation in the country, President Ram Nath Kovind said on Thursday.

Speaking at the annual National Energy Conservation Awards event here, Kovind said that although India had become power surplus in the last few years, much remains to be done on energy efficiency, which is best done following th

Remove `bail-in` clause in FRDA Bill: Assocham

Assocham on Thursday urged the government to remove a clause in the Financial Resolution and Deposit Insurance (FRDA) Bill that seeks to treat bank depositors as other creditors and shareholders for "bail-in".

Assocham Secretary General D.S. Rawat said that in the Indian context, the concept of bail-in -- especially by depositors -- should be completely done away with and th

Motor Vehicles Bill likely to be cleared in winter session: Minister

The Ministry of Road Transport and Highways is hoping that the Motor Vehicles (Amendment) Bill, 2016 will be cleared by the Rajya Sabha during the winter session of Parliament, said Yudhvir Singh Malik, Secretary, Ministry of Road Transport and Highways said at an ASSOCHAM event on Wednesday. We are hoping that the Motor Vehicles (Amendment) Bill, 2016 will be cleared by the Rajya Sabha during

Railways forms committee to review flexi-fare system

After months of deliberations, the railway board has finally initiated the process of reviewing the flexi-fare system in premium trains by comparing the prices with that of other modes of transport in the same sectors. According to a railway board letter dated December 11, a copy of which is with PTI, the board has formed a six-member committee to review the system and submit a report in 30 day

Indian shrimp exports set to double to $7 bn by 2022: Crisil

Country's shrimp exports is likely to double from USD 3.8 billion to USD 7 billion by 2022 due to strong demand, high quality, improved product mix and an increase in aquaculture area in several states, a report said. "We expect shrimp exports from India to nearly double to USD 7 billion by 2022, driven by strong demand, high quality, improved product mix and an increase in aquaculture

Satellite tech to make broadband more affordable: Manoj Sinha

Modern satellite technologies are likely to make broadband services more affordable, Telecom Minister Manoj Sinha said as per the PTI report. The government has therefore made a provision for using satellite services for providing broadband connections under the second phase of the Bharat Net project, he added. "New satellite innovations...are likely to make broadband more affordable, avai

Government to repurchase stocks worth Rs 20,000 cr

The Government of India has announced the repurchase of its Securities through reverse auction for an aggregate amount of Rs 20,000 crore (face value). “The repurchase by the Government of India will be undertaken to redeem prematurely the Government Stocks by utilizing surplus cash balances. The above repurchase of the Government Stocks is purely ad hoc in nature,” the Reserve Bank

Sebi fines 2 entities for unregistered advisory services

Markets regulator Sebi today imposed a penalty of Rs 2 lakh on Gravita Research Company and its proprietor for indulging in unregistered investment advisory services. The proprietor of Gravita Research Company -- Ravi Chouksey -- had been collecting funds from investors for providing investment advice to them through SMS and calls, according to a Sebi order. However, the amounts credited to the

18.5 % loss in Metro passenger trips, roll back fare hike: Arvind Kejriwal

Delhi Chief Minister Arvind Kejriwal on Wednesday said that there was a 18.5 per cent loss in Metro passenger trips after the fare hike on October 10 and urged the Central government to roll back the hike, which would cause more pollution.

In a letter to Union Housing and Urban Affairs Minister Hardeep Singh Puri, he said: "There have been a decline of about 10.5 per cent in the

DCI inks MoU with NHAI to provide sand for construction

The Dredging Corporation of India (DCI) has inked an MoU with the National Highways Authority of India (NHAI) for facilitating supply of sand for construction work, said an official statement.

"Concessionaires working on highways projects have been facing a shortage of sand at many sites. The MoU aims to fill this gap by facilitating the availability of sand for these concessiona

Sonowal takes up Brahmaputra waters turning black with PM

 Assam Chief Minister Sarbananda Sonowal has sought Prime Minister Narendra Modi's intervention on the issue of the waters of river Brahmaputra, that flows in from China, turning black in parts of the state.

Sonowal met the Prime Minister in New Delhi on Tuesday.

The meeting was also attended by Union Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Minis

Projects incomplete for 50 years finished in four years: Rajasthan Chief Minister

Rajasthan Chief Minister Vasundhara Raje Scindia on Wednesday said that important projects lying pending for 50 years were completed in four years by the Bharatiya Janata Party government in the desert state.

Addressing a function at Jhunjhunu on the completion of the BJP's four years in power in Rajasthan, she announced development projects worth Rs 2,237 crore.

A major

Solar power auction sees 98% fall in November

The solar power auction in November saw a 98 per cent drop with only 5 MW auctioned against 270 MW in October, a report said on Wednesday.

It also pointed out that total solar project tendered also saw a steep decline with 300 MW offered in November against 400 MW in October.

"The solar capacity tendered across the country during the month fell by 25 per cent to 300 MW

RERA should have come earlier to control builders: Narendra Modi

The Real Estate Regulation and Development Act (RERA) should have been enacted earlier to check the malpractices of builders, Prime Minister Narendra Modi said on Wednesday, following the Supreme Court's stay on an NCLT order suspending real estate major Unitech's directors and allowing the government to appoint its nominees in their place.

Addressing the 90th AGM here of indu

Commonwealth head lauds `Smart Cities`, Jan Dhan initiatives

Commonwealth Secretary General Patricia Scotland on Wednesday praised India's initiative of Smart Cities and zero balance accounts (Jan Dhan) scheme as "innovative" and "smart".

"India is leading the way with commitment and innovation that is smart and transformative for the way in which we live, learn and work together," Scotland said.

She

By 2022, 37% of India`s workforce would be in new jobs

 Around 37 per cent of the country's workforce would be employed in new job roles by 2022, a report said here on Wednesday.

The joint report by Ficci-Nasscom and EY said by 2022, nine per cent of the country's 600 million estimated workforce would be deployed in jobs that do not exist at present.

According to the report -- which provided insights into the future