India News
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About 210 websites of the central and state government departments were found to be displaying personal details and Aadhaar numbers of beneficiaries, Parliament was informed today. “UIDAI (The Unique Identification Authority of India) has taken note of the same and is regularly monitoring the status to get the Aadhaar data removed from the said websites,” Minister of State for Electronics and IT, PP Chaudhary said in a written reply in Lok Sabha.
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Samajwadi Party leader and former Defence Minister Mulayam Singh Yadav on Wednesday claimed that China was ready to attack India in collaboration with Pakistan and asked the government to reverse its stand on the Tibet issue and support its independence.
Raising the matter in the Lok Sabha against the backdrop of tension between India and China, he asked the government to inform Parliament what it has done to meet any likely challenge from the neighbouring country.
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Finance Minister Arun Jaitley on Wednesday described the Goods and Services Tax (GST) as a "win- win" deal for all as it will expand the tax net, end "inspector raj" and bring down prices of goods.
Pitching the GST as a measure beneficial for the country at a meeting of the BJP parliamentary party attended by Prime Minister Narendra Modi, senior leaders and party MPs, Jaitley said prices of goods has come down between four to eight per cent since its roll-out on July 1.
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The CBI has registered a fresh case in the ongoing investigation in the coal scam against Monnet Ispat and Energy Limited for alleged irregularities in the operation and allocation of coal blocks to the company.
The agency on Tuesday registered a case of criminal conspiracy and cheating against the company and unidentified persons.
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Air India’s net loss after tax narrowed to Rs 3,643 crore and operating profit rose to Rs 300 crore in the last financial year, the government said today. The airline saw its total revenue, including exceptional and extraordinary items, increase to Rs 22,146 crore in 2016 -17 period, as per provisional numbers provided by Minister of State for Civil Aviation Jayant Sinha to the Rajya Sabha. The total revenue stood at Rs 20,524.56 crore in the year-ago period.
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To help expand China’s self-driving technology, Microsoft has decided to join leading Internet search provider Baidu to take the technical development and adoption of autonomous driving worldwide. As a member of the Apollo alliance, Microsoft will provide global scale for Apollo outside of China with the Microsoft Azure Cloud. Announced by Baidu in April this year, Apollo is an open platform that provides a comprehensive, secure and reliable solution that supports all major features and functions of an autonomous vehicle. “We’re excited to partner with Baidu to take a giant step in helping automotive manufacturers and suppliers fully realise the promise of autonomous driving,” Kevin Dallas, corporate vice president, Microsoft, said in a statement late on Tuesday.
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The BSE Sensex recovered over 174 points in opening trade on fresh buying by investors after Hindustan Lever reported better-than-expected earnings on Wednesday.
The 30-share index, which had retreated from record by plunging 363.79 points in the previous session, rebounded 174.18 points or 0.54 percent to 31,885.17 with stocks of FMCG, healthcare, bank, IT, PSU and oil& gas rising by up to 1.13 percent.
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The Securities and Exchange Board of India (Sebi) on Tuesday asked listed banks to make disclosures if the provisioning and non-performing assets (NPAs) assessed by the RBI had exceeded 15 per cent of their published financials.
“The banks shall disclose to the stock exchanges divergences in the asset classification and provisioning wherever: the additional provisioning requirements assessed by the RBI exceed 15 per cent of the published net profits after tax for the reference period; and/or the additional gross NPAs identified by the RBI exceed 15 per cent of the published incremental gross NPAs for the reference period,” Sebi said in a circular.
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The government has ordered Reliance Industries (RIL) to pay a penalty over an arbitration award on its Panna Mukta and Tapti (PMT) oil field, the company has informed BSE in a statement on Tuesday. The company, however, said the notice was premature.
"RIL as part of the contractor for Panna Mukta and Tapti production sharing contracts, has been notified by [the] Government of India (GOI) of its computation of the purported share of GOI's Profit Petroleum and Royalty alleged to be payable by the contractor pursuant to the GOI's interpretation of Arbitration Tribunal's final partial award dated 12 October 2016," RIL said in its statement to BSE.
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The proposed merger of Oil and Natural Gas Corporation (ONGC) and Hindustan Petroleum Corporation (HPCL) is on the agenda of the Union Cabinet meeting on Wednesday. The government is likely to give the control of HPCL to ONGC.
“The ONGC-HPCL proposal could be taken up by the Cabinet,” a senior government official said. Petroleum Minister Dharmendra Pradhan has twice given public statements that the merger of ONGC and HPCL would be completed in the current financial year.
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