Coal ministry developing logistics policy, national coal evacuation plan

The coal ministry is developing a logistics policy for the sector and a national coal evacuation plan with a view to reducing logistics costs, an official statement said on Saturday. An inter-ministerial meeting on logistics was held to review the progress of implementation of the national logistics policy, the statement said adding that it was […]

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Hoping to finalize some FTAs ​​in next few months: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports. India is in the final stages of concluding FTA negotiations with the UK. The country is also negotiating similar pacts with Canada and European Union […]

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G20 energy transition meeting ends without any joint communique

The Energy Transition ministerial under India’s G20 Presidency concluded with no joint communique. In addition to other significant tracks such as finance and agriculture, now energy transition has also failed to find a clear consensus on all issues raised by the G20 nations. One of the major sticking points was the language around the Russia-Ukraine […]

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Brij Bhushan Singh misbehaved with Times Now journalist, slams car door on her mic

News channel Times Now has stated that WFI chief Brij Bhushan Singh misbehaved with its journalist at Delhi airport today. This was hours after the Indian Express reported that the Delhi police, in its chargesheet filed last month, had found Singh liable to be “prosecuted and punished” for sexual harassment, molestation and stalking.  A video clip showed Times Now journalist Tejshree Purandare trying […]

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Net direct tax collection to grow by 160% to Rs 16.6 trillion in 2022-23

Net direct tax collections have risen by a huge 160 per cent to Rs 16,61,428 crore in 2022-23 from Rs 6,38,596 crore in 2013-14, according to time series data released by the Finance Ministry on Thursday. As per the data, gross direct tax collections also witnessed a massive 173 per cent rise to Rs 19,68,780 […]

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RBI begins evaluation of five potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd, three people familiar with the matter told Reuters. Kotak Mahindra Bank, Prem Watsa-backed CSB Bank and Emirates NBD are among those that have submitted expressions of interest, two of the […]

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France bans use of social media platforms on phones of government employees over ‘cybersecurity’ concerns

France has banned government employees from using all types of social media platforms, gaming, and video-streaming apps on their work phones, citing cybersecurity and privacy concerns, amid widespread protests across the country. The ban, which comes into force immediately, includes Chinese-owned video-sharing TikTok application, Instagram, Candy Crush, and Netflix, the Ministry of Public Sector Transformation and […]

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RBI sold a net $384 million in the spot forex market in January

MUMBAI(Reuters) – The Reserve Bank of India (RBI) sold net $384 million in the spot foreign exchange market in January, the central bank’s monthly bulletin showed on Tuesday. The RBI said it purchased $12.90 billion and sold $13.29 billion in the spot market in the month. In comparison, it bought net $3.84 billion in the spot market in December. […]

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