Companies in any country that shares a border with India will have to approach the government for investing in India and not go via the automatic route, the Commerce and Industry Ministry said in a press note spelling out its new foreign direct investment or FDI policy for neighbouring states. FDI in India is allowed under two modes – either through the automatic route, for which companies don’t need government approval, or through the government route, for which companies need a go-ahead from the centre. The revised FDI rule seeks to curb “opportunistic takeovers or acquisitions of Indian companies due…
Author: Our Correspondent
Chaired by Defence Minister Rajnath Singh, the government, for whom a Group of Ministers (GoM) held a crucial meeting today has said that easing of restrictions will be in accordance with Home Ministry guidelines released on April 15. The GoM also said respective state governments will have final say on the matter of permissions and can impose harsher restrictions, if the need calls for it. The government has released a new list of activities and services that will be functional from April 20 in parts of the country least affected by the coronavirus outbreak. The revised list – another was…
The Swiss Alps reached all the way to India as the country struggles with the coronavirus pandemic along with the rest of the world. One of the highest peaks in Switzerland, the Matterhorn mountain today lit up with an image of the Indian flag to express and inspire solidarity as people face up to the alarming spread of the deadly disease which has killed more than 150,000 and infected over 2.2 million people globally. Prime Minister Narendra Modi shared on Twitter the pictures of the 14,692-foot mountain lit up with the tricolour. “The world is fighting COVID-19 together. Humanity will…
The Delhi Police has filed a supplementary charge sheet against Sharjeel Imam in connection with a case relating to the violence that broke out in the national capital’s Jamia Milia Islamia in December last year. The charge sheet was filed before Metropolitan Magistrate of the Saket Court. Sharjeel’s counsel Ibrahim said: “This is absolutely absurd. They are trying to link him with some Islamist organization without naming it.” Imam was arrested for instigating and abetting the Jamia riots, due to his seditious speech delivered on 13.12.19. During investigation, on the basis of evidences collected, Sections 124 A IPC and 153…
Amitabh Bachchan, who has actively been sharing throwback pictures on his Instagram profile, posted a rare photograph from the premiere of his film Sholay. What’s so rare about the picture? Well, it features Big B along with his parents Teji Bachchan and Harivansh Rai Bachchan. The picture also features Big B’s wife and Bollywood veteran Jaya Bachchan, who played Big B’s love interest in the film. Big B, in his caption revealed that the picture was clicked in 1975. Mr Bachchan also revealed that he, along with Vinod Khanna, sat on the floor of the balcony and watched the film…
President Donald Trump on Friday announced a $19 billion financial rescue package to help the agriculture industry weather the staggering economic downturn sparked by measures to defeat the coronavirus. Trump told a press conference the government “will be implementing a $19 billion relief program for our great farmers and ranchers as they cope with the fallout of the global pandemic.” The program will include direct payments to farmers, ranchers and producers who Trump said have experienced “unprecedented losses during this pandemic.” Agriculture Secretary Sonny Perdue said US farmers have been hit hard by a sharp shift in demand, as…
Not a single foreign Tablighi Jamaat member should leave India without informing the investigative team, Commissioner of Delhi Police S.N. Shrivastava issued directions to his unit heads associated with a case filed against the religious group. A total 1,306 foreign nationals were Tablighi Jamaat participants, out of which 250 were found in Delhi. The foreigners, who have been quarantined and are associated with Markaz, “should not be allowed to leave” without notifying the probing team, Shrivastava issued direction during a meeting with the senior IPS officers heading various units of Delhi Police last week. He also has told the Crime…
UN Secretary-General Antonio Guterres salutes India and all countries that are helping others in dealing with the COVID-19 crisis, according to his Spokesperson Stephane Dujarric. Asked by a reporter at his daily briefing on Thursday about India sending aid to several countries facing the COVID-19 pandemic, Dujarric said: “The secretary-general calls for global solidarity in this struggle against the virus. That means that every country who is in a position to help another country should. We salute those countries that are doing so.” India has offered to help member countries of the South Asia Association for Regional Cooperation (SAARC) and…
The Ministry of Home Affairs has written to states and Union Territories asking them to investigate Rohingya-Tablighi links stating that Rohingya Muslims and their contacts may need to be screened for Covid-19. India Today TV has obtained the letter written by deputy secretary in internal security division-1 Srinivasu K is marked to chief secretaries and advisors, DGPs and CP Delhi. The letter says that it has been reported that Rohingya Muslims have attended ijtemas and other religious congregations of Tablighi Jamaat and there is a possibility of their contracting Covid-19. Rohingyas living in camps in Telangana’s Hyderabad had attended Tablighi…
The Union Health Ministry said on Friday the rate at which the number of coronavirus cases in the country was becoming double in the last one week was 6.2 days, as against three days before the nationwide lockdown was imposed At a daily media briefing about updates on COVID-19 situation, Joint Secretary in the Health Ministry Lav Agarwal claimed that India has been doing better than many other countries on the outcome ratio, which is the number of recoveries from coronavirus infection versus the number of deaths “If 80 per cent of the patients in India are recovering and in…