Plan and Policy

Plan & Policy

No discrimination against Biharis in Bengal: Mamata

Around two lakh Biharis were left out of the complete draft of National Register of Citizens (NRC), West Bengal Chief Minister Mamata Banerjee said Friday.

Addressing a programme hosted by the Rashtriya Bihari Samaj here Friday evening, she asserted there would be no discrimination against Biharis in West Bengal.

"In Assam, around two lakh Biharis did not find a place in the NRC draft. Several Bengalis were also excluded from the list. Majority of those left out of the draft were people who did not hail from Assam," the chief minister said.

Day after assembly dissolution KCR sounds poll bugle, attacks Congress

A day after the dissolution of the Telangana assembly, TRS chief K Chandrashekar Rao sounded the poll bugle at a public rally here Friday where he launched a scathing attack on the Congress over its 50 years of "useless and corrupt rule".

The Telangana cabinet headed by Rao had yesterday recommended dissolution of the state assembly and the House stood disbanded the same day after Governor ESL Narasimhan accepted it.

Immediately thereafter, Rao had announced party candidates for the state's 105 assembly constituencies.

Rainbow rises over India as SC legalises consensual gay sex

In a historic judgment, the Supreme Court on Thursday partially struck down as unconstitutional the 158-year-old colonial law — Section 377 of IPC — which criminalises consensual homosexual acts between two consenting adults and triggering celebrations among LGBTQ activists who welcomed it as a harbinger of a more inclusive India.

Caterpillar unveils excavators to grab larger market pie

Encouraged by the consistent growth in the Indian economy and expansion in construction and mining sectors, Caterpillar, the wor­ld’s largest manufacturer of construction and mining equipment, has launched its next generation excavators.

The new excavators, Cat 320D3 and Cat 323D3, wo­u­ld be manufactured at Thi­r­uvallur plant in Tamil Nadu.

DoT panel set to submit report on 5G on Sept 10

An expert committee, set up by the department of telecommunications (DoT), to look into the Trai proposals on spectrum, including 5G, and auction timings will submit its report on September 10.

After receiving the report, DoT will take a call if more discussions with the regulator on key issues, including revision of prices of 5G radio waves, would be required.

The committee, comprising members from our finance, licencing and wireless spectrum wings, was to suggest the quantum, timing and roadmap for of spectrum sale.

Low base drives up India Inc’s Q1 revenues 17%

India Inc reported a 17.1 per cent growth in revenues for the June quarter on a lower base in the year-ago period, a report said on Thu­r­sday. “Indian corporate sector's aggregate revenues ha­ve grown by 17.1 per cent in Q1FY19, on a year-on-year basis,” domestic rating age­n­cy Icra Ratings said.

The agency, which anal­ysed 660 companies as part of the research, said 26 of the 32 sectors it analysed ha­ve shown a revenue growth.

Govt likely to borrow Rs 50,000 cr less in H2

The finance ministry and the RBI will around month end to finalise borrowings for the second half of this financial year, which is expected to be lowered by Rs 50,000 crore to approximately 2.67 lakh crore from the slated Rs 3.17 lakh crore.

Pak army chief Bajwa reaches out to Gen Rawat for talks

A report in the New York Times about Pakistan army chief general Qamar Bajwa’s attempt to open communication with his Indian counterpart Bipin Rawat is being seen in New Delhi as yet another overture to end the ongoing round of hostilities.

As expected, India remains firm on dealing with Pakistan only when it walks the talk on curbing terror groups and not just offer lip service. The New York Times (NYT) cited unnamed diplomatic sources to claim that Bajwa had tried to establish channels with Rawat whom he knew from earlier days and said that the Indian response was tepid.

Fugitive Jewellers Rob Indian Business of Trade Pricing Edge

Banks weren’t the only victims of fugitive jewelers Nirav Modi and Mehul Choksi, who allegedly orchestrated a $2 billion fraud. India’s trade may be an unsuspecting casualty.

As the fraud unraveled, the Reserve Bank if India stepped in and banned short-term financing in foreign currency called Letters of Undertaking to limit the damage to the financial system. The result was the cost of funds for exporters and importers rose as the industry was forced to seek new credit tools, said Ajay Sahai, director general of the Federation of Indian Export Organisations in New Delhi.

Determined to be heard, farmers, labourers turn Delhi into sea of red

Her feet were swollen, her legs weary and her body aching, but Sunita Devi was indefatigable as she held aloft a red flag and walked through the capital on a rain-drenched Wednesday morning, one of the many thousands of workers and farmers in a long and winding road of red.