Govt committed to disinvestment of Air India

Centre committed to privatise Air India The government is committed to disinvestment of Air India but wants the national carrier to remain in Indian hands, Civil Aviation Minister Hardeep Singh Puri informed the Lok Sabha on Thursday. He also said though Air India is doing “extremely well”, the debt burden …

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Ban plastic wrappers, HC tells T.N.

The Madras High Court on Thursday directed the State government to ban multi-layered plastic wrappers in which consumables such as milk, oil, biscuits, snacks, chocolates and medicines are sold. It also ordered effective implementation of the ban already imposed by the State on products such as plastic bags. Source : …

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‘Political crises will hit economy’

Senior Congress leader P. Chidambaram said on Thursday that the crises in Karnataka and Goa might appear to be “political upmanship”, but it had a “damaging impact on the economy”. Foreign investors, rating agencies and international organisations did not read Indian newspapers and did not watch the tamed Indian television …

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Inter-State River Water Hub in Kerala

The Kerala government has decided to establish a permanent hub in Palakkad for handling inter-State river water disputes. The Inter-State River Water Hub will become a reality in three months. The decision was taken at the tri-monthly review meeting of the Irrigation Department convened by Water Resources Minister K. Krishnankutty …

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SC likely to hear Ayodhya appeals from July 25

Seeks report from mediation panel A Constitution Bench, led by Chief Justice of India Ranjan Gogoi, on Thursday decided to commence hearing the Ayodhya title dispute appeals tentatively from July 25 on a day-to-day basis in case a conclusion is reached, on the basis of a mediation committee report, that …

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‘Doctor’ Alexa to the aid of Britons

NHA teams up with Amazon to provide medical advice for common ailments Britain’s state-run health service is teaming up with Amazon to provide medical advice for common ailments such as migraines and flu via the tech giant’s voice assistant Alexa, aiming to help more patients at home and cut down …

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Outward FDI drops to $820 million

India Inc.’s foreign direct investment (FDI) in June fell by over two times from a year ago to $820.36 million, data from the Reserve Bank of India showed Wednesday. The outward foreign direct investment (OFDI) by the Indian firms stood at $2.29 billion in the same month the previous year, …

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