Assam has hinted to privatise power distribution in the state in near future as part of second leg of power sector reforms.

Assam hints to privatise power distribution in the state

Business Standard

&ldquo;It is in Assam that I have finally found a home that has given me a sense of belonging&rdquo;, said Prime Minister Manmohan Singh here on Friday.

I have finally found a home in Assam: Singh

With the Centre &ldquo;willing to do whatever is possible&rdquo;, Prime Minister Manmohan Singh on Friday said he was confident that Assam would register 9 per cent growth rate in the 12th Plan. He added that the state was now &ldquo;on the cusp of emerging as one of the frontline states&rdquo; of India.

Assam to record 9% growth in 12th year plan

Brahmaputra Cracker and Polymer Ltd (BCPL), popularly known as the Assam Gas Cracker Project, &ldquo;is likely to be completed by December 2013&rdquo;, said Prime Minister Manmohan Singh here on Friday.

Assam gas craker project 'likely' to be completed by Dec 2013: PM

The UK based Plymouth University has evinced interest to partner Indian university&rsquo;s and invest in India to set up research centres.

Plymouth university to partner Indian institutions

Bangalore-based Narayana Hrudayalaya Hospitals Pvt Ltd (NHHPL) will be soon partnering the Assam government to set up a Rs 150 crore super-speciality hospital in Amingoan, near Guwahati. The Assam government on Tuesday signed a memorandum of understanding (MoU) with NHHPL to set up the project under public-private-partnership mode (PPP) mode.

Narayana Hrudayalaya to set up Rs 150 cr hospital in Assam

At least 100 people are dead and equal number missing in one of the worst accidents in recent memories in Assam when an overloaded ferry, carrying around 250 people, capsized in Brahmaputra river midstream on Monday after it was caught in a storm. Though the number of people onboard the ferry before the disaster struck is still not confirm, it is being suggested there were 250 to 300 people onboard it. At least 63 people have either swum to the banks safely or had been rescued.

Assam ferry disaster toll touches 100

Might be hard to believe, but it&rsquo;s true that 87 per cent of working professionals from Delhi, Mumbai and Bangalore, who are otherwise &lsquo;well educated&rsquo;, do not know the names of all the seven states of North East, viz.; Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.

Survey indicates 87% of professionals are unaware of North Eastern states

The Assam tea industry is unhappy with the Centre&rsquo;s negative stand on declaring tea as the &lsquo;national drink&rsquo; of India.

Tea industry unhappy with Centre's no to tea as 'national drink'

A drought-like weather condition leading to drying up of reservoirs, coupled with inability of the state to draw power from the central grid due to ongoing maintenance work of the power lines, has plunged Assam into a severe power shortage. The state is presently experiencing peak hour shortfall of around 300 MW of power against demand of 1,050 MW, prompting Assam Power Distribution Company Ltd (APDCL) to resort to frequent power cuts across the state.

Power crisis in Assam, tea industry badly affected

Against the backdrop of &lsquo;power sector reforms&rsquo; being carried out by the power department of Assam government, the accumulated losses of Assam Power Distribution Company Ltd (APDCL) had shot up staggeringly by 620 per cent in five year, beginning 2006-07 and ending in 2010-11. The accumulated losses of the company increased from Rs. 142.90 crore in 2006-07 to Rs. 1,029.61 crore in 2010-11, which is an increase of Rs.

APDCL records 620% accumulated loss in five years

Assam tea industry has registered a sharp decline of almost 43 per cent in tea production in the month of January this year, as compared to the corresponding month in the previous year. The tea industry has attributed this sharp decline in production to &ldquo;unfavourable weather condition&rdquo;.

Tea production down by 43%  in Jan in Assam

Having ventured into the Guwahati real estate market in 2010 and commissioned one of its &ldquo;elite&rdquo; residential projects within a span of just two years, the Kolkata based Infinity Infotech Parks Limited (IIPL) is now looking at further expanding its footprints across North-East.

Infinity Group to expand footprints in Assam real estate market

A severe and abnormal rainless weather condition has hit hard Assam tea industry as production of green leaf is expected to be down by 20 per cent across the state till April, with the worst affected is the Brahmaputra Valley. The unfavourable weather has delayed the arrival of first flush (production till April), triggering fears of upping of prices at auction centres.

Tea production in Assam down by 20%

The North Eastern state of Assam, along with its four other sisters &ndash; Meghalaya, Manipur, Mizoram and Nagaland, are the only aberrations in the latest poverty estimates of the Planning Commission, as these are the only five states in the country where poverty has been reported to have increased between 2004-05 and 2009-10. However, left-ruled state of Tripura is the silver lining as it registered an exemplary decline in poverty by 22.6 percentage points during the same period.

Poverty increases in four NE states: Planning Commission

Meghalaya will be generating 2,000 MW of power in near future and for this the state has roped in private power developers and state-owned North Eastern Electric Power Corporation (Neepco) to implement several power projects, said Meghalaya chief minister Mukul Sangma.

Meghalaya to generate 2,000 MW of power in coming years: CM 

The Assam government has finally relented and has agreed to invite the groups and organisations, which are opposed to the construction of NHPC Ltd&rsquo;s 2,000 MW Lower Subansiri Hydro Electric Project, for talks. The first set of talks will be held on January 5 at Dispur.

Assam govt to talk to anti-dam groups from today

Assam will soon constitute an expert committee to study the feasibility of construction of mega dams in upper reaches of river Brahmaputra. The decision was taken at yesterday&rsquo;s 7 hour long meeting between group of ministers (GoM), constituted by the state government to look into the issues related to the construction of 2,000 MW Lower Subansiri Hydro Electric Project (LSHEP), and representatives of groups and organisations opposing LSHEP. However, the state government clarified to the protesting groups that neither it had the authority to ask for a halt in the construction of LSHEP temporarily, nor was it in favour of such decision.

Assam to form expert panel to study mega dams

Drawback and Rodtep will be available only against export of goods. At the time of export of goods, one must declare the value of the goods in the shipping bill

In 2018, as the President of the United States, Donald Trump called India the “tariff king”, citing the high import duties (100 per cent at that time) on Harley Davidson bikes, but also saying the Indian government was ready to reduce it.

Noida (Uttar Pradesh) [India], December 23: India's Future Investors (IFI), the nation's first investment reality TV show, is set to transform financial education and wealth creation for millions. This groundbreaking initiative brings together education, entertainment, and practical investing skills to inspire India's new generation of investors.

India\'s First Investment Reality TV Show to Revolutionize Financial Literacy

New Delhi [India], December 23: PayU, one of India's leading digital financial services providers, has announced the integration of LazyPayEMI solution into its checkout platform. This integration underscores PayU's commitment to enhancing affordability and accessibility in digital payments, empowering merchants to offer seamless paymentoptions for high-value online purchases to customers at checkout.

PayU Integrates LazyPayEMI to Offer Seamless Checkout Solution for Millions of Indian Consumers

New Delhi [India], December 23: In the fast-paced business world, Infinite Square Pvt. Ltd. shines as a beacon of innovation, success, and unparalleled growth potential. As a B2B eCommerce company leveraging AI and cutting-edge technology, Infinite Square is revolutionizing the industry and now inviting investors in Surat to join its transformative journey.

Infinite Square Pvt. Ltd.: A Golden Opportunity for Surat Investors

Bangalore (Karnataka) [India], December 23: Forensic Science has become an indispensable part of modern judicial systems, combining science and technology to uncover truths and solve crimes. JAIN (Deemed-to-be University), School of Sciences, Bangalore, offers two advanced programs: Bachelor of Science (Honours / Honours with Research) in Applied Forensic Science with CSoFS-UK and Bachelor of Science (Honours / Honours with Research) (for Professional Courses) in Forensic Science. These meticulously crafted programs cater to students aspiring to revolutionise crime investigation and pursue rewarding careers in the field.

Empowering Future Forensic Scientists: JAIN (Deemed-to-be-University)\'s Trailblazing Forensic Science Programs

Markets Today LIVE: Indian benchmark equity indices were likely headed for a strong start, after lower-than-expected core inflation reading in the US boosted Wall Street shares there

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart

Market, BSE, NSE, NIfty, Stock Market, investment

Latest news updates: Catch the latest news developments here

Shyam Benegal, Indian director and screenwriter at International Film Festival of Kerala 2016

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore.
"Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works, India's largest private sector MRO company with the largest pan-India footprint," the conglomerate said in a statement.
With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft.

Adani

Shares of Pearl Global Industries hit a new high of Rs 1,422.05, surging 9 per cent on the BSE in Monday's intra-day trade in otherwise weak broader market.

Sensex, Nifty, stock brokers

Here are the best of Business Standard's opinion pieces for today

Illustration: Binay Sinha

The Union Minister of State for Health and Family Welfare, Prataprao Jadhav stated this in a written reply in the Lok Sabha on Friday

Ayushman Bharat , PMJAY

Hours to go before a midnight government shutdown, the House approved a new plan late Friday from Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but drops President-elect Donald Trump's demands for a debt limit increase into the new year.
Johnson insisted Congress would "meet our obligations" and not allow federal operations to shutter ahead of the Christmas holiday season. But the day's outcome was uncertain after Trump doubled down on his insistence that a debt ceiling increase be included in any deal -- if not, he said in an early morning post, let the closures "start now".
The bill was approved 366-34, and now goes to the Senate, for expected quick passage.
"We are excited about this outcome," Johnson said afterward, adding he had spoken with Trump and the president-elect "was certainly happy about this outcome, as well".
It was the third attempt from Johnson, the beleaguered House speaker, to achieve one of the basic requirements of the .

US Congress

On the instructions of Chief Minister Yogi Adityanath, the Uttar Pradesh State Industrial Development Authority has fast-tracked several key infrastructure projects in the industrial areas of Surajpur in Gautam Buddh Nagar district, officials said on Friday.
The initiatives aim to bolster industrial growth, attract large investors, and contribute to Uttar Pradesh's ambition of becoming a USD 1 trillion economy, according to UPSIDA Chairman Mayur Maheshwari.
Speaking on the developments, Maheshwari, a senior IAS officer, said, "Under the leadership of Chief Minister Yogi Adityanath, UPSIDA is continuously working to upgrade the state's industrial infrastructure.
"These projects will not only benefit industrialists in the region but also the local population, fostering economic growth and job opportunities," he said.
A major aspect of the UPSIDA's push is the fast-tracked development of key infrastructure in Surajpur. One of the focal points of the ongoing improvements is the ...

Yogi Adityanath, yogi, UP CM

France's anti-terrorism court convicted eight people on Friday of involvement in the beheading of teacher Samuel Paty in 2020.
Paty was killed near Paris on October 16, 2020, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression. The assailant, an 18-year-old Russian of Chechen origin, was shot to death by police.
Those convicted were accused, in some cases, of providing assistance to the perpetrator and, in others, of organising a hate campaign online before the murder took place.
The shocking death of the 47-year-old Paty left an imprint on France, and several schools are now named after him.
The convicts include friends of assailant Abdoullakh Anzorov who allegedly helped purchase weapons for the attack and the father of a schoolgirl whose lies started the fatal spiral of events.
The attack occurred against a backdrop of protests in many Muslim countries and calls online for violence targeting France and the satirical French newspaper

France flag

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax.
"States did not feel comfortable. They didn't want the ATF because they saw it as part of the crude petroleum diesel basket, and therefore they said that it alone cannot be taken out, and therefore that continues to remain where it is today," she said while briefing media on the outcome of 55th GST Council meeting here.
Besides, she said, no decision was taken with regard to reduction in GST on insurance premiums as the Group of Ministers (Go) needed more time to study the issue.
Many inputs are awaited including the one from insurance regulator IRDAI, she said.
She further said that the GST Council has also deferred the decision with regard to rate rationalisation as more time is required by the GoM for a comprehensive study.
However, the Council made suggestions with regard to GST rate revision on various items including ...

Nirmala Sitharaman, Union Finance Minister

The incident occurred on December 18, when the Indian Navy lost control while undertaking engine trials in Mumbai Harbour due to an engine malfunction

Mumbai ferry collision

An inquiry commission formed by Bangladesh's interim government has said that it has found India's "involvement in alleged incidents of enforced disappearances during deposed prime minister Sheikh Hasina's regime, the state-run news agency BSS reported on Saturday.
The Bangladesh Sangbad Sangstha quoting the Commission of Inquiry on Enforced Disappearance said, The Indian involvement in Bangladesh's system of enforced disappearances is a matter of public record."
The report said that according to the five-member commission headed by a retired Supreme Court judge, there was a persistent suggestion in law enforcement circles that some Bangladeshi prisoners might still be languishing in Indian jails.
"We recommend the Ministries of Foreign and Home to extend their best efforts to identify any Bangladeshi citizens who may still remain incarcerated in India. It is beyond the jurisdiction of the commission to follow this trail outside Bangladesh," the commission said.
The commission said

Bangladesh flag, Indian flag

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Supratim Dey

Supratim Dey

Page 10 - Supratim Dey

Assam hints to privatise power distribution in the state

I have finally found a home in Assam: Singh

Assam to record 9% growth in 12th year plan

Assam gas craker project 'likely' to be completed by Dec 2013: PM

Plymouth university to partner Indian institutions

Narayana Hrudayalaya to set up Rs 150 cr hospital in Assam

Assam ferry disaster toll touches 100

Survey indicates 87% of professionals are unaware of North Eastern states

Tea industry unhappy with Centre's no to tea as 'national drink'

Power crisis in Assam, tea industry badly affected

APDCL records 620% accumulated loss in five years

Tea production down by 43% in Jan in Assam

Infinity Group to expand footprints in Assam real estate market

Tea production in Assam down by 20%

Poverty increases in four NE states: Planning Commission

Meghalaya to generate 2,000 MW of power in coming years: CM

Assam govt to talk to anti-dam groups from today

Assam to form expert panel to study mega dams

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Infinite Square Pvt. Ltd.: A Golden Opportunity for Surat Investors

Empowering Future Forensic Scientists: JAIN (Deemed-to-be-University)'s Trailblazing Forensic Science Programs

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