Tag Archives: budget

Climate Change: India Furnishes INDCs, Sets $206 Billion Spend in 15 Years

As announced earlier, India unveiled today its Intended Nationally Determined Contributions (INDCs) coinciding with Father of the Nation Mahatma Gandhi’s birth anniversary, which entails a target for a 33-35 percent cut in its carbon emission intensity by 2030. The base level was 2005 and it becomes a 25-year plan. However, the required percapita emission target was not set by India ...

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India Sets up Green Climate Fund with Rs.350 Crore Budget

The Government has established the National Adaptation Fund on Climate Change (NAFCC) with a budget provision of Rs. 350 Crores for the year 2015-16 and 2016-17, with an estimated requirement of Rs. 181.5 Crores for financial year 2017-18, said the minister. The National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) under the ...

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Baahubali vs Magadheera: How They Stack Up?

bahubali 2

Director S.S. Rajamouli can proudly look back and say he has top two memorable films made in Telugu which can stand out forever. When his earlier magnum opus “Magadheera” was made, it had brought to the audience the graphics experience, which can overwhelm the quality of any film, supported by rich story and good actors. His unprecedented attempt not merely ...

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Vivo to ‘Make in India’ mobiles at Noida Assembly Unit

Chinese smartphone maker Vivo, which said it is aiming at 5 to 6 percent of the market share in India said it would start manufacturing mobiles at its Noida Unit by October and begin shipments from December 2015. The Vivo assembly unit at Greater Noida is planning to sell at least two million smartphones this year and begin both making ...

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MERS Outbreak: Samsung Hospital Offers Apology as South Korea Gears up with $9 Billion

South Korea is buckling under MERS pressure with four more cases reported on Wednesday, fearing the imminent outbreak at the crossroads, departing from its last week stand that the disease has ceased to spread. Fearing an outbreak, the government has set aside an emergency budget of 10 trillion won ($9 billion) and extended the partial shutdown of Samsung Medical Center ...

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World Environment Day: PM Modi to Kick Off Plantation Drive from Home First

Begin with your home first is an ancient advice and Prime Minister Narendra Modi will take it literally planting a sapling on Friday to kick off the World Environment Day. Environment Minister Prakash Javadekar said Cricket team captain Virat Kohli and wrestler Sushil Kumar will kick off the function at the ministry’s Paryavaran Bhawan while Sachin Tendulkar, Ajinkya Rane and ...

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Cabinet Okays ISRO Plan for 15 PSLV Missions Costing Rs.3090 crore

The Union Cabinet approved ISRO’s proposal to continue the Polar Satellite Launch Vehicle (PSLV) program with 15 new operational flights  from PSLV-C36 to PSLV-C50, costing Rs.3,090 crore. The cabinet gave approval to “enable launch of satellites required for earth observation, navigation and space sciences along with the possibility of clinching commercial launch service contracts”, said a statement. The program will ...

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One Rank One Pension Scheme Accepted but Legalities Pending: Minister

The principle of One Rank One Pension for the Armed Forces has been accepted by the government, said defence minister Manohar Parrikar in a written reply to a question in the Lok Sabha on Friday. The modalities for implementation have been discussed with various stakeholders and are presently under consideration, the financial implication need to be calculated, once the modalities ...

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Sensex Plunges after Budget Presentation, FMCG Most Hit

The 30-scrip Sensitive Index (Sensex) on Saturday plunged 209 points or 0.72 percent down in late afternoon trade after Finance Minister Arun Jaitley presented the Union Budget for 2015-16 in the Lok Sabha. The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,411.33 points, was trading at 29,011.09 points (at 2.00 p.m.) in the late afternoon trade session, ...

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Budget Live: Finance Minister Presenting Budget in Lok Sabha

Union Finance Minister Arun Jaitley reached parliament with the iconic briefcase containing the budget papers at 10 am this morning and he will present his first full-year budget for the fiscal 2015-2016 at aound after 11.00 am, unless the opposition allows without too many interruptions. One of the notable absentees will be Congress leader Rahul Gandhi, who has taken leave ...

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Railways to digitize mapping, tap advertising potential

Union Railway Minister Suresh Prabhakar Prabhu has said that encroachment on the Railway Land is a serious issue and to counter this, digitized mapping of land records has been initiated and responsibility will be fixed on officials for any encroachments. Presenting Railway Budget for 2015-16 in Parliament today he dwelt upon the resource mobilization by Railways. He informed the members ...

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3 out of 20000 Suggestions make way into Railway Budget

Railway Minister Suresh Prabhu on Thursday said there was an overwhelming response from the social media in terms of recommendations to better the railways but only few of them made it to the final budget this year. “We received over 20,000 responses from people on social media and some of the suggestions are there in the budget,” he said in ...

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Modi Govt to Raise Income Tax Exemptions in Budget Presentation

Prime Minister Narendra Modi, who vouched for no-tax regime during his electioneering but relented later, is now pondering soaps amounting to tax exemption of up to Rs.5 lakhs for all citizens. Only senior citizens are allowed such exemption under the current tax regime. Now that the new government has come to power, first move by the Narendra Modi government would ...

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‘Race Gurram’ Review, Opening Day Box Office Collections Cross Rs.6.3 Crore

Telugu latest ilm ‘Race Gurram’ starred by Allu-Arjun throughout has finally proved successful on the opening day with box office collections of Rs.6.3 crore, slightly less than the recent hits like ‘Legend’ by Balakrishna but nonetheless figuring in the top hits category. Released on Friday in more than 300 screens, “Race Gurram” has been going on this weekend with 90 ...

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India to double R&D budget

India has decided to double the expenditure in Research and Develpoment (R&D) and major initiatives were being taken by India in super computing, material sciences, genomics, nano sciences and plant breeding techniques and synthetic biology. Addressing the Opening Plenary Session of the 8th Annual Meeting of STS Forum on “Science & Technology for the future of Humankind” at Tokyo today ...

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