Reliance to launch 4th Industrial Revolution from Maharashtra: Mukesh Ambani

Mumbai, Feb 18 : In a bonanza for Maharashtra, Reliance Industries Chairman Mukesh Ambani on Sunday announced plans to launch the ‘Fourth Industrial Revolution’ in the state with an investment of Rs 60,000 crore and collaboration of over 20 global conglomerates. He said that the initiative will take forward the flagship Jio Movement with the […]

India aspires to and moving towards a $5 tn economy: PM

Mumbai, Feb 18 : Prime Minister Narendra Modi on Sunday reiterated that India aspires to, and is moving towards, a $5 trillion economy over the next few years with sustained, comprehensive and holistic development. Inaugurating the first mega global investors summit, “Magnetic Maharashtra: Convergence 2018” here, he said the country is on the firm path […]

India, Iran sign connectivity, double taxation avoidance agreements

New Delhi, Feb 17 : India and Iran on Saturday signed nine agreements, including on connectivity and double taxation avoidance, following delegation-level talks led by Prime Minister Narendra Modi and Iranian President Hassan Rouhani here. A lease contract was signed between Port and Maritime Organisation (PMO), Iran, and India Ports Global Limited (IPGL) that envisages […]

India, Iran sign nine agreements, agree to stop terror forces

New Delhi, Feb 17 : India and Iran on Saturday pledged to stop the forces of terrorism and extremism, delinking it from religion and agreed that there should be an end to terror sanctuaries even as the two countries broad-based their relationship by signing nine agreements, including one on connectivity relating to the strategic Chabahar […]

SC reduces Tamil Nadu’s Cauvery water share

New Delhi, Feb 16 : In a setback to Tamil Nadu, the Supreme Court on Friday reduced its share of the Cauvery river water to 177.25 thousand million cubic feet (TMC), down from 192 TMC allocated by a tribunal in 2007. A bench of Chief Justice Dipak Misra, Justice Amitava Roy and Justice A.M. Khanwilkar […]

Industry chambers condemn $1.8 bn fraud, rap functioning of PSU banks

New Delhi, Feb 16 : Two days after the $1.8 billion fraud in Punjab National Bank (PNB) was disclosed, industry chambers on Friday condemned it criticising the functioning of public sector banks. “Alleged fraudulent transactions worth Rs 11,300 crore from a single branch of the Punjab National Bank with the connivance of the junior official(s) […]