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Showing posts with the label Narendra

Hyderabad metro: L&T cites cost overruns, seeks Rs 16k-cr aid from TRS

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The first phase comprises 30 km and 24 stations LATEST NEWS  : Larsen&Toubro has sought "additional financial support" from Telangana to cover cost overruns in the Rs 16,000-crore metro rail project that stemmed from delays in its implementation, sources privy to the development said. Prime Minister Narendra Modi is scheduled to inaugurate the first phase of the 72-km project tomorrow, touted to be the world's largest such project on public-private partnership in the sector. L&T Metro Rail (Hyderabad) Ltd, the developer of the project, has sought "additional financial support" from the Telangana government to cover the cost overruns due to delays in projects, leading to an extension of time, the sources said. The cost overruns work out to over Rs 3,000 crore, the sources added. "The company is also learnt to have sought an extension period of two years," an industry source said, adding that any decision is likely afte...

Doklam standoff: China rejects reports of offering to relocate troops

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LATEST NEWS       :   China has vehemently rejected all reports of it ever offering a compromise to India by relocating its troops in the disputed Doklam border area. The Chinese Foreign Ministry reacted to a report where China had allegedly offered to move its troops back 100 meters, after India sought the pullback of Chinese troops by 250 metres. The Spokesperson's Office told China Daily that the report is not true, adding that "China will not trade its territorial sovereignty under any circumstances." "China's position on solving this incident is clear and firm. India must immediately and unconditionally withdraw all its trespassing troops and equipment back to the Indian side of the border," the office said in a statement. China could never accept India's "totally unreasonable" demand, said Zhao Xiaozhuo, a researcher at the PLA Academy of Military Science told China Daily, adding that India had honored the convention u...

Smriti Irani given additional charge of I&B ministry, Tomar gets urban development min

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Naidu resigned as union minister after he was named by BJP as its vice presidential candidate LATEST NEWS      : A day after Union Minister Venkaiah Naidu resigned as a cabinet minister, union minister Smriti Irani was given additional charge of the Information and Broadcast Ministry today, while Narendra Tomar was given the additional responsibility of the Ministry for Urban Development. Prime Minister Narendra Modi confirmed the same through a tweet. M Venkaiah Naidu resigned as union minister last night after he was named by the BJP as its vice presidential candidate against Mahatma Gandhi's grandson Gopalkrishna Gandhi, the opposition's nominee.  Follow PMO India ✔ @PMOIndia Shri @MVenkaiahNaidu has resigned from his ministerial responsibilities. Additional charge of @Moud_India has been given to Shri @nstomar. 10:50 AM - 18 Jul 2017   460 460 Retweets   1,422 1,422 likes Twitter Ads info and privacy  Follow...

Duty on mobiles after GST: iPhones to get costlier; local brands won't gain

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Smaller players could be routed; major Indian brands may not get any significant advantage Latest news : The Union government is mulling imposing a 15 per cent basic customs duty (BCD) on the import of finished mobile handsets once the Goods and Services Tax (GST) comes into effect. The move is intended to protect manufacturers who have set up units in India and put a curb on the outflow of foreign exchange to countries like China, Taiwan, and Vietnam. Boosting local manufacturing or assembly of mobile phones is a key part of Prime Minister Narendra Modi ’s pet project — Make in India. What the government intends to do? The Commerce and Industry Ministry had proposed a customs duty of 15 per cent on smartphone imports. Under the Phased Manufacturing Program (PMP) developed by the ministry of electronics and information technology, the government aims to enable large-scale manufacturing of mobile phones. As local value addition in handsets remains as low as two...

Akshay Kumar unveils first poster of 'Toilet: Ek Prem Katha'

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Akshay Kumar  has revealed the first glimpse of his upcoming film "Toilet: Ek Prem Katha". The 49-year-old actor took to Twitter to share the poster, which also features his co-star Bhumi Pednekar. "Pleased to share, @ToiletTheFilm an unusual love story will be with you on 11th Aug, 2017," Akshay tweeted. Also read: Naam Shabana review: Taapsee Pannu steals the show in a middling movie The film, which is based on the Swachch Bharat Abhiyaan initiated by Prime Minister Narendra Modi, will release in the Independence Day week. Akshay added, "Tayyar ho jayye Swachch Azaadi ke liye! (Brace yourselves for a clean freedom)" The poster shows Akshay and Bhumi dressed in traditional marriage attire in an interesting way triggering a debate on cleanliness and our rights. Directed by Shree Narayan Singh, the film will clash with Imtiaz Ali's Shah Rukh Khan-Anushka Sharma starrer on August 11. It was earlier supposed to release on June...