Centre Financial News
27.09 / 02:51
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Centre
Manipur News: ‘Both state and Centre are working…’, CM assures justice in students' killing incident
Manipur CM N Biren Singh assured people here that both the state and central government are closely working together to nab the perpetrators. In a post on X (formerly Twitter), Biren Singh said, “In light of the distressing news that emerged yesterday regarding the tragic demise of the missing students, I want to assure the people of the State that both the state and central government are closely working together to nab the perpetrators." “To further expedite this crucial investigation, the Central Bureau of Investigation (CBI) Director, along with a specialized team, will be arriving in Imphal in a special flight.
27.09 / 01:47
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JPMorgan
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show
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testing
Centre
Centre sticks to target, to borrow Rs 6.55 lakh crore in H2
borrow ₹6.55 lakh crore from the market through dated securities in the second half of this financial year, staying with the budget estimate and indicating a comfortable fiscal situation for now. In the first half of 2023-24, the government announced ₹8.88 lakh crore market borrowing out of the full-year target of ₹15.43 lakh crore. The second half market borrowing will include a new 50-year security for the first time, the finance ministry said in a statement.
26.09 / 18:21
Action
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Centre
week
SC grants centre one week for update on pending HC transfers, appointments
government on Tuesday sought a week's time to apprise the Supreme Court of the status of pending transfers of 26 high court judges and the appointment of chief justice to a «sensitive» high court. The appointment of nine high court judges, which the Supreme Court collegium has recommended, is also pending with the government. A bench headed by Justice Sanjay Kishan Kaul deferred the matter after attorney general R Venkataramani requested for a week to seek instructions.
26.09 / 15:57
UPS
Target
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Bill
cover
Centre
Centre to borrow ₹6.55 trillion in H2 FY24
₹6.55 trillion for the second half of the ongoing financial year which will be 42.45% of its gross market borrowing of ₹15.43 trillion for the full FY24. The borrowing will be done through dated securities, including ₹20,000 crore through the issuance of Sovereign Green Bonds, the finance ministry said in a statement on Tuesday. While the government will stick to its borrowing plan for the year, it will issue 50-year security for the first time, in response to market demand for longer-duration securities, the ministry added.
26.09 / 12:07
Provident
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Injustice
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Centre
TMC to send over 50 lakh letters to Centre seeking release of MGNREGA dues to Bengal
MGNREGA benefits in West Bengal to Prime Minister Narendra Modi ahead of the party's much-touted protests in New Delhi next month against the alleged withholding of funds by the Centre. The party has accused the BJP-led NDA government of withholding Rs 15,000 crore of dues to Bengal under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and Gramin Awas Yojana. The party will also send letters to Union Panchayati Raj Minister Giriraj Singh.
25.09 / 16:01
reports
Centre
Centre undermining federalism, says Congress leader Chidambaram
Congress leader P Chidambaram on Monday accused the Centre of undermining federalism, citing reports about the National Medical Commission's new decisions regarding medical colleges in Tamil Nadu.
25.09 / 13:59
Cooper
Centre
Centre allows 75,000 tons non-basmati white rice exports to UAE
non-basmati white rice exports to UAE, a Directorate General of Foreign Trade notification said on Monday. «In exercise of powers conferred by Section 3rd with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 2 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023 and in accordance with the provision contained ni Para 2 (iv) of Notification No.
25.09 / 11:59
Ripple
country
Centre
Traders' body CTI urges Centre to ban lentil import from Canada
Khalistani separatist on Canadian soil. In a letter to Union Commerce Minister Piyush Goyal, the Chamber of Trade and Industry (CTI) said that there was a need to exert economic pressure on Canada. A growing dispute between India and Canada has erupted following allegations made by Canadian Prime Minister Justin Trudeau over the killing of Khalistani separatist Hardeep Singh Nijjar. Chairman of CTI, Brijesh Goyal, said that the development has sent ripples through the business world.
25.09 / 06:59
UPS
IPO
Digital
Enterprise
Centre
Global Data Centre a winner from AirTrunk IPO: analysts
Here’s a company to put on your watchlist as the AirTrunk initial public offering kicks off.
25.09 / 04:25
Provident
Citizens
VISA
Aware
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information
Centre
As Centre plans to cancel OCI cards: here's what is Overseas Citizenship of India? Know its eligibility, benefits here
people aware of the development told Mint. This move comes in the backdrop of India suspending visa services in its Canadian missions and also directing to cut its diplomatic staff in India.
24.09 / 17:43
Citizens
VISA
Aware
country
information
travelers
Centre
Centre to cancel OCI cards over pro-Khalistan activity
NEW DELHI : India is in the process of cancelling the registration of more than a dozen Overseas Citizenship of India (OCI) card holders for carrying out pro-Khalistan activities and anti-India propaganda, said two people aware of the development. The move comes in the backdrop of India suspending visa services in its Canadian missions, and directing Canada to cut its diplomatic staff in India.
24.09 / 12:29
Career
Remark
Bill
President
social
shock
Centre
Women reservation benefit only possible in 2034, says Kapil Sibal, accuses Centre of luring voters with Bill
Kapil Sibal on Sunday said the earliest the women's reservation can come into effect is 2034 Lok Sabha elections, alleging it was brought with an eye on the upcoming state and Lok Sabha polls. The Rajya Sabha MP made the remarks in his new 'Dil Se' initiative under which he will engage fortnightly in a conversation with a journalist on important issues. In the first episode he posted on social media, Sibal took questions on the women's reservation bill, the row over BJP MP Ramesh Bidhuri's derogatory remarks against BSP MP Danish Ali, and his views on the new Parliament building. Asked about Bidhuri's remarks, Sibal said the BJP MP must be «expelled» from parliament. «I have not seen this in my 30-year-long career in parliament.
24.09 / 07:23
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Provident
Assurant
Bill
country
Centre
MP Priyanka Chaturvedi criticises Centre over delayed rollout of women's quota Bill
Bill right before the Lok Sabha elections. Chaturvedi claimed that the BJP lacked «willpower» to give reservations to the women. Speaking about BJP leader Uma Bharti's recent letter to Prime Minister Narendra Modi in which she demanded 50 per cent reservation for OBC, SC, and ST women, Chaturvedi said, «A few days ago, Uma Bharti herself said that there should be this (OBC quota) provision in the bill (Women's Reservation Bill). It's clear that she must be pulled up or scolded.» «If BJP had this willpower, this bill would have come long ago and not 6 months before the elections,» Priyanka told ANI Bharati on Saturday said that she would not let the Bill get implemented unless it takes into account the OBC quota.
24.09 / 04:27
UPS
FIVE
CEO
Enterprise
2020
Centre
Data centre giant AirTrunk mulls $10b-plus IPO, shareholders send RFP
AirTrunk is considering an initial public offering which would value the tearaway data centre business at well north of $10 billion on an enterprise value basis.
23.09 / 14:55
UPS
Citizens
Fighting
awards
country
travelers
Centre
Manipur government urges Centre to extend process of recording illegal migrants' biometrics by a year
Manipur government has requested the Centre to extend by a year the process of recording the biometrics of illegal migrants from Myanmar. Already the process is underway. The process of capturing the biometric details of illegal Myanmar immigrants started in Manipur on July 29.
23.09 / 05:45
Centre
Police identify newborn left at recycling centre 10 years ago, dad arrested
Oregon recycling centre, police have charged the baby’s father in connection with her death.On Thursday, the Portland Police Bureau announced an update in the decade-old cold case of “Baby Precious,” as the infant was called.Baby Precious, whose real name was Amara, was found dead at a recycling centre on May 28, 2013, in Portland’s Swan Island Industrial Park. At the time, the newborn’s death was declared a homicide.The discovery of the dead, unidentified infant triggered uproar and distress with many in Portland and beyond calling for justice.
22.09 / 14:11
COST
Maxim
Platform
ICE
Interface
Bill
Centre
Design takes centre-stage as carmakers re-invent the wheel for EVs
“When most things become the same, it’s only the design that differentiates,” says Pratap Bose, chief design officer, auto and farm sector, Mahindra & Mahindra, who has crafted a new design language for its upcoming range of electric SUVs. All the models-- including the electrified models based on the existing fossil fuel-based models and the born electric (developed ground up) ones will be based on the company’s newly developed INGLO architecture but will have their own distinctive identity, explained Bose. Earlier there was engine and engine capacity, today the electric powertrain is becoming much more democratic, he said.
22.09 / 13:12
Citi
Digital
CEO
reports
Centre
Flipkart unveils grocery fulfilment centre at Sonipat
Flipkart on Friday launched a new grocery fulfilment centre, or warehouse, at Sonipat in Haryana that will help the online marketplace expand its grocery services to over 150 pin codes across tier-II and tier-III towns such as Meerut, Panipat, Rohtak and Wazirpur. The fulfilment centre has the capacity to accommodate an inventory of over 40 lakh units, with 2.9 lakh units being dispatched each day, the company said.
22.09 / 03:39
VISA
economy
President
country
Centre
Punjab BJP chief welcomes Centre's decision to suspend visas for Canadians
India and Canada, Punjab BJP President, Sunil Jakhar welcomed the Centre's decision to suspend visas for Canadians and said that Canada has mortgaged its foreign policy for the sake of political advantage and Justin Trudeau is running a minority government. «Justin Trudeau is speaking his supporter's language. Canada has mortgaged its foreign policy for the sake of political sports land,» said Sunil Jakhar Welcoming Centre's decision to suspend visa services in Canada, Jakhar said, «If the Trudeau govt will continues to support the separatist forces, the Indian government for the time being keeping careful consideration has suspended visas to develop a system so that India's integrity and sovereignty can be maintained by avoiding these forces entering into India, especially Punjab.» Punjab BJP chief also acknowledged the fact that some people may be facing challenges as their relatives are living in Punjab and said that the integrity of India is more important than the concerns of any individual. «The unity, integrity and brotherhood of the country is more important than the concerns of any individual, whatever is happening is the Canadian government's mistake.
21.09 / 18:46
COST
Lowe's
MET
Department
Centre
Centre seeks inputs over FDI dip worries
MUMBAI, NEW DELHI : Concerned about the decline in foreign direct investment (FDI) ahead of next year’s national elections, government officials met with alternative investment funds, startup founders and fund managers last week to identify and iron out operational challenges impeding capital inflows into India, people present in these meetings said. During the meeting with the department for promotion of industry and internal trade (DPIIT) officials, industry participants highlighted tax authorities’ reluctance to understand the valuation and revenue mismatch in high-growth startups.
21.09 / 16:01
UPS
Action
Department
recommendations
Centre
Centre asks sugar traders, retailers, wholesalers to disclose stocks
retail market were up 1% month-on-month and 2.7% on year at ₹43.3 a kg. All-India wholesale prices were at ₹4,055 a quintal, an increase of 1% month-on-month and 3.4% on year, as per data frm the price monitoring division of consumer affairs department.
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