Proposes to attract $100 bn investment in digital communications sector The Union Cabinet on Wednesday approved the new telecom policy that aims to provide broadband access to every citizen at 50 Mbps speed by the year 2022. The National Digital Communications Policy 2018, which envisions attracting $100 billion investments into …
Read More »Daily Archives: September 27, 2018
U.S. hard-sells its almonds to India
Direct shipments of almonds from California to India grew by 68% from 53,965 tonnes to 90,500 tonnes between 2011-12 and 2017-18, according to the Almond Board of California (ABC). ABC president and CEO Richard Waycott told The Hindu that the board was now targeting to sustain 20% year-on-year growth rate …
Read More »Package for sugar mills cleared
Cabinet clears Rs. 5,538-crore proposal that includes higher production aid to ryots For the fourth time in the last five months, the Centre has approved incentives to help the cash-starved sugar mills clear thousands of crore in arrears of payment to cane farmers. On Wednesday, the Cabinet Committee on Economic …
Read More »Centre hikes import duty on select goods
The government on Wednesday released a list of 19 categories of items on which it would be hiking import duties, which include white goods such as air-conditioners, refrigerators and washing machines as well as non-essential items such as gems, travel bags and aviation turbine fuel (ATF). The new rates will …
Read More »PM Modi gets UN’s highest environmental honour
Prime Minister Narendra Modi has been awarded with the UN’s highest environmental honour, also given to five other individuals and organisations, for his leadership of the International Solar Alliance and pledge to eliminate single use plastic by 2022. Cochin International Airport was honoured with the award for Entrepreneurial Vision, for …
Read More »Putin’s pension reform amendments approved
Russia’s Parliament on Wednesday unanimously approved President Vladimir Putin’s amendments to a deeply unpopular pension reform plan that has led to a rare outburst of public anger in the country. Parliament’s lower house, the State Duma, approved Mr. Putin’s proposal to soften the reform, raising the state pension age for …
Read More »Give us space to resolve our problems, says Sirisena at UN
Sri Lanka does not want any foreign power exerting influence, President Maithripala Sirisena has said, while appealing to the international community for “room to resolve” the country’s problems. Mr. Sirisena made the remarks while addressing the 73rd session of the United Nations General Assembly in New York. “As an independent …
Read More »‘Biggest bird’ dispute put to rest
Scientists said on Wednesday that they have finally solved the riddle of the world’s largest bird. A study released on Wednesday by British scientists suggested that one species of elephant bird was even larger than previously thought, with a specimen weighing an estimated 860 kg — about the same as …
Read More »G-4 for UN Security Council reform, multilateralism
India and other Group-4 (G-4) countries reaffirmed their commitment to multilateralism and called for the early reform of the UN Security Council (UNSC) on Tuesday. Hours after U.S. President Donald Trump pilloried multilateralism in this address to the UN General Assembly, Foreign Ministers of Brazil, Japan and Germany — Aloysio …
Read More »Yameen trying to hold on to power, says Opposition
Barely 48 hours after outgoing Maldivian President Abdulla Yameen conceded poll defeat, the Opposition coalition that dislodged him has raised alarm over his alleged attempts to hold on to power. Its members on Wednesday accused Mr. Yameen of preparing to move the Supreme Court, seeking annulment of Sunday’s presidential election, …
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