government keen On Joint improvement Of Oil, gasoline Blocks In Qatar

Doha: The Indian authorities on Sunday evinced hobby in joint exploration of latest oil and fuel fields as well improvement of located property in electricity rich Qatar. It additionally invited the Gulf nation to invest in the usa’s exploration and production region through bidding for the blocks beneath the new Hydrocarbon Exploration and Licensing coverage and participate in disinvestment of Indian public area undertakings (PSUs). besides, a memorandum of knowledge (MoU) became signed with Qatar funding Authority for facilitating Qatari funding inside the Rs 40,000-crore country wide investment and Infrastructure…

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government To broaden 6 Bulk drugs, medical gadgets Parks

New Delhi: To lessen import dependence, the authorities has determined to establish six bulk drug and scientific gadgets parks, so that you can entail a blended investment of Rs 60,000 crore. “The government has decided to establish three bulk tablets and three medical gadgets parks across the us of a. those parks will require an funding of about Rs 60,000 crore,” Fertiliser Minister Ananth Kumar informed PTI. As according to various estimates, as soon as those parks come to be operational, they could deliver down the fee of manufacturing of…

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government Panel Nod Paves the manner for Apple Retail shops in India

a central authority panel has encouraged exempting iPhone and iPad maker Apple from obligatory neighborhood sourcing norms, a move which could pave the manner for tech massive beginning unmarried-logo retail stores inside the united states. The company had given an in depth presentation to the committee headed by way of department state-of-the-art industrial coverage and promoting (DIPP) Secretary Ramesh Abhishek on April 19, on its products, generation, innovations and camera. “The committee has discovered that the organisation’s merchandise are cutting part era and 49a2d564f1275e1c4e633abc331547db. It has encouraged to exempt them…

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Government To Fund Scholars For Post-Doctoral Research In India

The National Post-Doctoral Fellowship was launched a month ago and would fund around 1000 scholars this year. (Representational Image) New Delhi:  In a bid to prevent brain drain, the government has embarked upon a scheme to fund pure science scholars, who have completed their PhDs, to enable them continue their post-doctoral research in India. According to Ashutosh Sharma, Secretary, Department of Science and Technology, the scholars would be paid Rs. 50,000 per month for the period of three years and would also be given a basic grant of Rs. 7…

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Government Says Safeguards in Place to Prevent Misuse of P-Notes

Minister of State for Finance Jayant Sinha said FPIs are prohibited from issuing P-Notes to resident Indians/non-resident Indians. New Delhi: The government has put in place several safeguards to prevent misuse of Participatory Notes, or P-Notes, and there is no information with the Securities and Exchange Board of India (Sebi) wherein entities or investors in the country are using the route of and investing black money through it, Parliament was informed on Friday. “Foreign Portfolio Investors (FPIs) are prohibited from issuing PNs to Resident Indians/Non-Resident Indians (NRIs) and they are…

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Direct Tax Mop Up at Rs 5.54 Lakh Cr, Indirect at Rs 5.69 Lakh Cr: Government

New Delhi: Government has collected Rs 5,54,179 crore from direct tax as on February 29 and Rs 5,69,056 crore from indirect tax as on January 31 this fiscal, Parliament was informed today. According to revised estimate, Rs 7.52 lakh crore was estimated to come from direct taxes (corporate, and income tax) and another Rs 7.03 lakh crore from indirect taxes (customs, excise and service tax), Minister of State for Finance Jayant Sinha said in a written reply to Lok Sabha. Replying to a separate query, Sinha said in 2015-16 (up to…

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