Philanthropic fund of $80 million to phase out hydrofluorocarbons

Philanthropic fund of $80 million to phase out hydrofluorocarbons

A philanthropic group has launched $80 million fund to expand energy efficiency in developing countries just ahead of Montreal Protocol negotiations, the biggest opportunity to act on climate change since the historic Paris accord, a statement said on Saturday. The new fund is made up of a coalition of foundations and donors that have pledged […]

Gujarat government withdraws decision to roll back 10% EBC quota

Gujarat government withdraws decision to roll back 10% EBC quota

In a U-turn, the Gujarat government on Saturday withdrew a notification issued a day ago suspending the 10 per cent quota for Economically Backward Classes in the general category in jobs and educational institutes. Deputy Chief Minister Nitin Patel told reporters on Saturday that the notification which the government issued on Friday was “confusing and […]

Twitterati hails Modi’s fiery speech against Pakistan

Twitterati hails Modi’s fiery speech against Pakistan

The Twitterati on Saturday lapped up Prime Minister Narendra Modi’s speech in Kerala where he tore into Pakistan for “exporting terror”. #pmreturnsurifire and #KeralaWithNaMo trended on the social networking site after Modi made his strongest attack yet on Pakistan. “The nation deserves such decisiveness, dedication & determination. #PMReturnsUriFire,” said a user. “By this fiery speech..We […]

GST exemption limit fixed by Council, decision on rates later

GST exemption limit fixed by Council, decision on rates later

In its first set of decisions, the Goods and Services Tax (GST) Council on Friday fixed the turnover-based exemption limit from such levies at Rs 20 lakh, but left the decision on fixing the actual tax rates and the finalisation of draft rules for later. Briefing the media after the two-day, maiden meeting of the […]

SC gives Subrata Roy time to surrender

SC gives Subrata Roy time to surrender

In a relief to Sahara chief Subrata Roy, the Supreme Court on Friday gave him time till September 30 to surrender after his parole was cancelled earlier in the morning. The court on Friday morning terminated the interim arrangement that granted parole to Roy and the two directors of Sahara companies – his son-in-law Ashok […]

Billionaire Mukesh Ambani richest Indian for ninth year: Forbes

Billionaire Mukesh Ambani richest Indian for ninth year: Forbes

With $22.7 billion (Rs 151,477 crore) net worth, Reliance Industries Chairman Mukesh Ambani is the richest Indian for the ninth consecutive year, American business magazine Forbes India said on Thursday. Ambani, 59, who retains the top spot in the annual list of 100 richest Indian tycoons, saw his wealth increase to $22.7 billion from $18.9 […]

Thanks to monsoon, foodgrain production to grow by 9 per cent: Minister

Thanks to monsoon, foodgrain production to grow by 9 per cent: Minister

Union Agriculture Minister Radha Mohan Singh on Thursday said that country’s foodgrain production is estimated to rise by nine per cent to an all-time high of 135.03 million tonnes in the 2016-17 ‘kharif’ (summer sowing) season with record output of rice and pulses following a good monsoon. According to the first advance estimate of foodgrain […]

Amidst Uri, Modi still targeting AAP: Kejriwal

Amidst Uri, Modi still targeting AAP: Kejriwal

Delhi Chief Minister Arvind Kejriwal on Thursday expressed surprise that at a time when Prime Minister Narendra Modi should be focussing on the Uri terror attack, his machinery was targeting the AAP. “I am amazed at a time when PM should be working on Uri, his machinery is working overtime to get AAP MLAs arrested […]

Goods and Service Tax Council’s first meet begins on Thursday

Goods and Service Tax Council’s first meet begins on Thursday

The first meeting of the newly-constituted Goods and Services Tax Council, with Finance Minister Arun Jaitley as chairman, is scheduled for two days from Thursday amid high expectations that the country will see a new indirect tax scheme in place from April 1, 2017, as targeted. Among the items on the meeting’s agenda is the […]