Bengal polls LIVE: TMC govt did nothing for farmers, Adivasis, says Nadda
'TMC supremo has started reciting Sanskrit slokas to assert her Hindu identity, alleged the BJP President. Stay tuned for the Latest LIVE news
5:48 PM
Finland and India believe in a rules-based, transparent, humanitarian and democratic global order: PM Modi
5:37 PM
Lately, about 70 countries received more than 58 million doses of made in India vaccines: PM Narendra Modi
5:35 PM
LIVE: PM Modi speaking at the India-Finland Virtual Summit
5:25 PM
Rajnath Singh slams Mamata Banerjee over law & order, says BJP will pay 'khela' of peace and development
5:04 PM
Defence Minister Rajnath Singh addressed public rally in West Bengal today
4:44 PM
No information on leak of WhatsApp chat related to confidential and sensitive information: Govt to Lok Sabha
4:31 PM
Why held press conference over TRP scam? HC asks Mumbai police
The Bombay High Court on Tuesday asked what had prompted the Mumbai police to hold a press conference last year over the alleged Television Rating Points (TRP) scam.
"Does the police have an obligation to interact with the press? Why did the commissioner (of police) have to speak to the press?" a bench of Justices SS Shinde and Manish Pitale asked.
The court was hearing pleas filed by ARG Outlier Media Pvt Ltd, the company that owns Republic TV channels, and by journalist Arnab Goswami, seeking, among other reliefs, that the Mumbai police's probe into the TRP scam be transferred to the CBI or any other independent agency. The bench was responding to the arguments made by the ARG Outlier Media's counsel, senior advocate Ashok Mundargi.
4:20 PM
LIVE: Union Cabinet approves Bill to set up DFI
The Union Cabinet on Tuesday approved a bill to set up a Development Finance Institution (DFI) to generate funds for investment in the infrastructure sector. The proposed legislation will give effect to the Budget announcement made by Finance Minister Nirmala Sitharaman on February 1. The government has proposed Rs 20,000 crore to capitalise the institution.
"The Cabinet has cleared this bill, through which we will have an institution and institutional arrangement, which will help in increasing long term funds," she said after the meeting of the Cabinet.
The proposed DFI will have 50 per cent non-official directors, Sitharaman added. In her Budget 2019-20 speech, Sitharaman had proposed a study for setting up DFIs for promoting infrastructure funding. About 7,000 projects have been identified under the National Infrastructure Pipeline (NIP) with a projected investment of a whopping Rs 111 lakh crore during 2020-25.
4:16 PM
Cabinet Decisions LIVE: Expect to raise up to Rs 3 trillion from DFI in next few years, says FM
Expect to raise up to Rs 3 trillion from DFI in the next few years: Finance Minister Nirmala Sitharaman said while addressing the media on Cabinet Decisions today.
4:14 PM
Development Finance Institution (DFI) will also have some tax benefits: FM
The Development Finance Institution (DFI) will also have some tax benefits, being given for a 10-year long period. The Indian Stamp Act too is being amended. With this, we hope to be able to attract big pension funds and sovereign funds: Finance Minister Nirmala Sitharaman said while addressing the media on Cabinet Decisions today.
4:13 PM
Cabinet approves MoU between India and Maldives on cooperation in sports and youth affairs
Cabinet approves MoU between India and Maldives on cooperation in sports and youth affairs
4:11 PM
Interests of workers of to-be-privatized banks will absolutely be protected: FM
Interests of workers of banks which are likely to be privatized will absolutely be protected, whether their salaries or scale or pension, all will be taken care of: Finance Minister Nirmala Sitharaman.
4:09 PM
Each one of the units perfoms for the economy: FM on privatization/disinvestment
Even when we talk about privatization or disinvestment we recognize that each one of the units perfoms for the economy; these units need investment. It is our duty to ensure the workers' interests are protected and that the institution functions further: Finance Minister Nirmala Sitharaman said while addressing the media on Cabinet Decisions today.
4:03 PM
LIVE: Interests of the staff will be protected after privatisation of banks, says FM Sitharaman
Even for those banks which are likely to be privatized, the privatized institutions too will continue to function after privatization; the interests of the staff will be protected: Finance Minister Nirmala Sitharaman said while addressing the media on Cabinet Decisions today.
4:02 PM
Cabinet Decisions LIVE: Union Cabinet cleared setting up of a Development Finance Institution (DFI), says FM
Topics : Nirmala Sitharaman Today News Arnab Goswami top news of the day West Bengal Assembly polls Tamil Nadu elections Cabinet decision
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Mar 16 2021 | 7:26 AM IST