Archive for: January, 2017

Airtel hails Vodafone-Idea merger plan with a rider

New Delhi, A day after Vodafone confirmed that it is in talks with the Aditya Birla Group for the merger of its Indian entity and Idea Cellular, the country’s largest telecom player Bharti Airtel on Tuesday welcomed the move, but said such consolidations should not be an outcome of a forced situation. “We welcome the […]

Corporates’ Q2 net profit shows robust growth: Economic Survey

New Delhi, The Economic Survey 2016-17 tabled in Parliament on Tuesday by Union Finance Minister Arun Jaitley revealed a robust growth trend in corporate sector’s net profits during the second quarter (Q2) of 2016-17. According to the survey, the performance of corporate sector (Reserve Bank of India, January 2017) highlighted that the growth in sales […]

Harish asks Uma to release waters

Hyderabad,  Telangana Irrigation Minister T Harish Rao today urged Andhra Pradesh Government to take steps to release waters 8 lift irrigation schemes comprising 30000 acres functioning under Dr KL Rao Pulichntala project. In a letter addressed to his AP counterpart D Uma Maheshwar Rao he asked to protect the standing crops under Pulichintala project in […]

Dy CM Says CM favours more schemes in Sub-Plan

Hyderabad,  Deputy Chief Minister Kadiam Srihari today stressed the need for making amendments to the existing SC, ST Act 2013 and enabling it to introduce new schemes of welfare for social inclusion and financial empowerment of Dalits and Tribals. Srihari chaired a sub-committee meeting on Sub-Plan attended by Minister A Chandulal, G Jagadish Reddy, MPs, MLAs […]

KCR’s assurances to farmers not honoured: Uttam

Suryapet,  Telangana Pradesh Congress Committee (TPCC) President N. Uttam Kumar Reddy has strongly condemned Chief Minister K. Chandrashekar Rao for not honouring the assurances given by him to farmers on the floor of Legislative Assembly. He said all assurances to agriculture sector given by the Chief Minister have remained a non-starter. He also questioned KCR […]

Dattatreya took objection on chindambaram’s remarks

Hyderabad,   Union Minister of State (Independent Charge) for Labour & Employment Bandaru Dattatraya today strongly condemn the statement given by P.Chidambaram former Finance Minister that the demonitisation of high value notes is a scam. It is ridiculous.  No one believed in this country and the people ofIndia have expressed total solidarity for the decision of the Prime Minister Narendra Modi, the union minister […]

Current Accounts curbs go, ATMs to follow

New Delhi,  The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with immediate effect. A Reserve Bank of India notification said limits on ATM withdrawals will also go from Wednesday. But the curbs on Savings Bank accounts across the counter will remain. “On a review of […]

JNU administration seeks end to protests; varsity met demands, claims ABVP

New Delhi,  Hours after the JNU administration on Monday met a delegation of students protesting the changed admission procedure for M.Phil and Ph.D aspirants and urged them to call off their strike, a section of the students claimed that the university has agreed to their demands. “We asked the Vice Chancellor (M. Jagadesh) to keep […]

PM seeks debate on budget, opposition questions budget dates

New Delhi,  Prime Minister Narendra Modi on Monday sought the opposition’s support for smooth functioning of the Budget Session of Parliament in an all party meet, but opposition members made a vocal protest against the budget presentation on February 1, around a month earlier than usual. Opposition members also said they will raise the issue […]

Manmohan, Chidambaram helped Mallya get loans: BJP

New Delhi,  The Bharatiya Janata Party on Monday alleged that former Prime Minister Manmohan Singh and his Finance Minister, P. Chidambaram, helped industrialist Vijay Mallya get huge loans for bailing out the now defunct Kingfisher Airlines. Citing letters allegedly written by Mallya to both Singh and Chidambaram, BJP spokesperson Sambit Patra demanded that Congress President […]

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