Government Shutdown Imperils SNAP and Other Antipoverty Programs
Within days, tens of millions of low-income Americans may lose assistance for food, child care and utilities if the federal government remains shut down. Source link
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SC permits Centre to review Rs 6,000cr additional dues on Vodafone-Idea
NEW DELHI: The Union govt on Monday convinced the Supreme Court to permit the department of telecom to review its demand of Rs 6,000 crore additional adjusted gross revenue demand for the FY 2016-17 on Vodafone-Idea. Chief Justice B R Gavai and Justice K Vinod Chandran was informed by solicitor general Tushar Mehta that since…
Electronics parts: 5,500cr projects get nod
NEW DELHI: Govt has approved seven projects worth Rs 5,532 crore, out of 249 proposals received under the Electronics Components Manufacturing Scheme, electronics and IT minister Ashwini Vaishnaw said on Monday. The minister said the production of electronics components from the approved projects is likely to reduce the import bill of around Rs 20,000 crore….
SC relief: Govt set to work out package for Voda Idea
NEW DELHI: The Supreme Court’s ruling on telecom AGR (adjusted gross revenue) empowers the Cabinet to review the entire gamut of issues related to recovery of thousands of crores of rupees from Vodafone Idea, when it comes to matters of duplicate payments, double-counting, interest and penalty on interest, as pointed out by the company. Estimates…
AGR issue: Government may work on a mega relief package for Vodafone Idea after Supreme Court ruling; Airtel, Tata Tele to also benefit
NEW DELHI: The Supreme Court’s ruling on the telecom AGR matter empowers the Union Cabinet to review the entire gamut of issues related to the recovery of thousands of crores of rupees from the beleaguered Vodafone Idea when it comes to demands of duplicate payments, double counting, interest, and penalty on interest. Estimates put the…
IndianOil to comply with US curbs on Russian oil
NEW DELHI: India’s largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil — two of the largest Russian crude exporters.“We will abide by all sanctions imposed by the international community,” company chairman Arvinder Singh Sahney said but…
India’s October US crude imports highest since 2022
US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) NEW DELHI: India’s oil imports from the US has risen to their highest level since 2022 in October, underlining bargain hunting by Indian refiners rather than a structural shift amid Washington’s onslaught against New Delhi over purchase…
Step by Step, How China Seized Control of Critical Minerals
China’s far-reaching rules already affect manufacturers of semiconductors, cars and many other products. They will soon become much broader. Source link
India’s rare earth push hits new roadblocks: China curbs key equipment exports; Rs 7,300 cr magnet plan at risk
India’s rare earth push hits new roadblocks (ANI) India’s Rs 7,300 crore plan to boost domestic production of rare earth minerals and magnets could face serious setbacks after China tightened export controls on key machinery and materials used in their processing. The new restrictions threaten to slow India’s drive for self-reliance in producing components that…
Trump’s China Deal May Avert a Crisis of His Own Making
The Trump administration is hailing a potential deal that may return the U.S.-China relationship to where it was before the president began a trade war against Beijing. Source link