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Panagariya expects PSU privatisation to kick off from first quarter of 2018
Niti Aayog Vice-Chairman Arvind Panagariya today said he expects the government to begin the process of privatisation of some PSUs suggested by it in the first quarter of 2017-18. "Niti Aayog had recommended privatisation of 17 PSUs. The ball is in Finance Ministry's court...I am expecting that the first sale will happen in the first quarter of the next fiscal year," Panagariya said at a panel discussion organised by CNBC TV18 and Mint.
Over six lakh people win Rs 97.07 crore under digital payment scheme
Over 6.26 lakh people have been awarded a total of Rs 97.07 crore in the last 35 days under the Niti Aayog's schemes to promote digital payments. Among those lucky winners 5.55 lakh consumers have won prize of Rs 1,000 under the Lucky Grahak Yojana - Daily scheme, while 26,145 consumers won under the Weekly scheme between December 25, 2016 to January 31, 2017, Niti Aayog said in a statement.
Rajya Sabha MPs move 651 amendments to President's speech
The Rajya Sabha MPs have submitted a total of 651 amendments to President Pranab Mukherjee’s speech which also include some on demonetization and the government may fall short of numbers in the upper house if the opposition insists on voting on the amendments.
Seasoned spymaster named deputy CIA director
WASHINGTON: The new deputy director of the CIA is a career spymaster who once ran a CIA prison in Thailand where terror suspects were waterboarded -- a harsh interrogation technique President Donald Trump has supported.
Trump says he would like to speed up NAFTA talks
U.S. President Donald Trump reiterated his concerns about the North American Free Trade Agreement (NAFTA) deal on Thursday and said he would like to speed up talks to either renegotiate or replace the deal.
NLCIL mission to generate 500MW solar power in Tamil Nadu
As part of the solar mission, NLCIL is planning to set up power plants with a total capacity of 500MW across the State at a cost of Rs 2,170 crore. The solar mission plans to establish solar power plants with an installed capacity of one lakh mega watt before 2022 and to support the target NLCIL will establish 4000 MW plants across the country.
Railways allots Rs 2,287 crore for Tamil Nadu for 2017-2018
Tamil Nadu has been allotted Rs 2,287 crore for 2017-2018, which is a 160 per cent increase in the allocations made during the period 2009-14, said Vashista Johri, General Manager, Southern Railway on Wednesday. He said, the split of the allocation for individual projects will be known on February 3.
Tamil Nadu Assembly adopts two Bills to bypass NEET
Even as the Tamil Nadu Assembly on Wednesday unanimously adopted two Bills to bypass the Centre’s National Eligibility-cum-Entrance Test (NEET) to enroll students for medical and dental courses, Chief Minister O Panneerselvam assured that all available legal options will be explored to bring education back into the State list.
Tata Motors launches sub-brand TAMO
In a bid to regain market share and to stay a step ahead in meeting customer expectations, Tata Motors on Thursday launched a new sub-brand called TAMO (short for Tata Motors) under which new technology-equipped vehicles would be launched. The company will reveal its first product under TAMO, the Futuro, on March 7 ahead of the 2017 Geneva Motor Show.
Indian IT companies need to stop using H1-B visas: N R Narayana Murthy
: Indian software companies need to stop sending people on H1-B visas and focus on local hiring in the US, Infosys co-founder N R Narayana Murthy said today amid rising concerns over Donald Trump administration's proposals to restrict inflow of foreign workers. Stating that by and large Indian mindset is always to take the "soft option", Murthy -- one of the pioneers of India's IT outsourcing industry -- said becoming multi- cultural is not easy and is a "very, very hard option". "They (Indian software companies) must recruit American residents in the US, Canadians in Canada, British people in Britain etc.
Courtesy: The New Indian Express.