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Revised concession pact for PPP projects at ports

To make the investment climate more investor friendly, Centre has approved a revised model concession pact for projects based on public private partnership (PPP) design at major ports.

posted by Jawwad Kazi 4th Jan 2018

Railways to move towards computarised signalling

Railway minister informed the lok sabha that his department would approach the Union Cabinet soon with a proposal to completely switch over to computerised signalling.

posted by Jawwad Kazi 4th Jan 2018

Manufacturing activity expedited

Activity in manufacturing quickened to the fastest pace in five years in December, bolstered by a sharp rise in output and new orders, according to a private sector survey

posted by Jawwad Kazi 3rd Jan 2018

Government allay fears over FRDI bill

Government in its another clarification about the Financial Regulatory and Deposit Insurance (FRDI) Bill 2017 said the preferential treatment would be given to depositors and the bail-in clause would not be applied to public sector banks.

posted by Jawwad Kazi 3rd Jan 2018

Cryptocurrencies are a Ponzi scheme, warns FinMin

The spurt in the prices of Bitcoin and other cryptocurrencies seems to have rung an alarm bell, with the Finance Ministry expressing concern and likening them to Ponzi schemes.

posted by Jawwad Kazi 1st Jan 2018