Page 23 - Government

Govt unearths leakages of Rs 100 crore in urea usage in two months

Per year, about 1-1.2 million tonnes of urea meant for farming gets diverted towards industrial use, say officials

Recovery tracker: Mobility up, power generation dips as Covid cases rise

Number of flights declined; Indian Railways carried more goods, traffic on Delhi roads eased

Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey

This sector remains a polarizing one: while some 28% of the overall respondents expressed strong confidence that cryptocurrencies are the future of finance, 20% said they're worthless.

Govt moots regulation of e-pharmacies, trial mishap penalties in new bill

Also, for the first time, regulations for conduct of clinical trials for new drugs and medical devices have been brought under the draft New Drugs, Medical Devices and Cosmetics Bill, 2022

Govt issues corrigendum to withdraw excise on ATF for international flights

Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses

Punjab power subsidy at multi-year high, other sops in focus in new budget

Punjab's new budget promises sops that may delay the state's date with fiscal prudence

Edible oil prices will soften by Rs 15/litre in a few weeks: Industry

Decision arrived at today during a meeting between industry players & officials

Govt may drop proposal on discom delicensing after some states protest

The amendment pertains to delicensing of power distribution that would have paved the way for any company to supply electricity in an area, after necessary regulatory approval

'Take it down': Indian requests to social media firms at record highs

Twitter got the largest rise in government demand about content compared to the pre-pandemic period

Why Twitter sought legal action and moved HC against Indian govt

Twitter in its petition said that content does not meet the threshold for blocking under section 69A

Twitter files petition for judicial review of Indian orders on takedown

On June 27, the Ministry of Electronics and Information Technology issued a notice to the Chief Compliance Officer of Twitter Inc, giving the company 'one last opportunity'

India may not need to import urea after 2025, says Mansukh Mandaviya

This is owing to rising domestic production, nano supplies

Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output

Tata Steel said domestic despatches were up 5% YoY, leveraging a strong marketing network and an agile business model

India guiding world's fourth industrial revolution, says PM Modi

Technology is improving governance and ending corruption in country, he says

Govt to move benefits to apprentices' accounts via Skill Development Corp

The Ministry of Skill Development and Entrepreneurship announced that the National Apprenticeship Promotion Scheme (NAPS) will be a part of Direct Beneficiary Transfer (DBT) scheme.

High duty may extend slack season for gold, keep prices in check for now

Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading

Work sought under MGNREGS in June still higher than before Covid

According to economists and policymakers, this reflects the continued lure of MGNREGS among rural manual casual labour despite a near resumption of economic activity, both in rural and urban areas

Core sector output at 13-month high in May at 18.1% on capex push

The data shows broad-based improvement in core sector growth benefitting from a low base, with the exception of coal

Govt allots Rs 2,516 cr for computerisation of primary agri co-op societies

The model bylaws will enable PACS to offer economic activities other than credit which includes developing cold-storage facilities in villages, running PDS shops and locker facilities for depositors

Shipping Ministry looks to make govt ports competitive against pvt peers

Minister asks for plan to build mega ports by 2047, develop new technologies