New Delhi, April 2 (IANS) The government has set a target of increasing domestic crude oil production to 35 million metric tonnes by 2030 from 29 million tonnes at present to meet the rising demand for petroleum products in the country, Parliament was informed on Thursday.The government has been taking various steps to boost domestic oil and gas production and reduce dependence on crude oil imports, which, inter-alia, include the adoption of a policy under the production sharing contract (PSC) r…
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Jammu, April 2 (IANS) Jammu and Kashmir Chief Minister Omar Abdullah, on Thursday, thanked Union Rural Development Minister Shivraj Singh Chouhan for extending the Pradhan Mantri Gram Sadak Yojana (PMGSY-I) timeline for the union territory till March 2027.The office of Omar Abdullah’s office said on its X handle, “Chief Minister expressed gratitude to the Hon’ble Union Minister @ChouhanShivraj for acceding to the J&K Government’s proposal to extend the timeline of PMGSY-I till March,…
New Delhi, April 2 (IANS) The government has decided to provide full customs duty exemption on critical petrochemical products till June 30, 2026, amid the ongoing conflict in West Asia and the consequent disruptions in global supply chains, Finance Ministry said on Thursday.The measure, said the ministry in a statement, has been taken as a temporary and targeted relief in order to ensure continued availability of critical petrochemical inputs for domestic industry, reduce cost pressures on down…
New Delhi, April 1 (IANS) The government on Wednesday announced the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups until September 30, 2026, or until the scheme is approved under the 16th Finance Commission cycle, whichever comes earlier.The extension will continue under the existing guidelines without any changes, the Ministry of Textiles said.Launched on March 7, 2019, the RoSCTL scheme aims to refund embedded state a…
New Delhi, March 31 (IANS) The government has notified the Finance Act 2026 to bring into effect the financial proposals of the Union Budget for 2026-27.A gazette notification issued by the Ministry of Law and Justice stated: “The Finance Act 2026 received the assent of the President on March 30, 2026 and is hereby published for general information.”The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the legislati…
New Delhi, March 30 (IANS) Delhi Assembly Speaker Vijender Gupta on Monday greeted Abhinav Borgohain, Sujal Sharma and Riya Pandey, who bagged the top three positions at the state-level ‘Viksit Bharat’ Youth Parliament 2026 organised at the Vidhan Sabha, an official said. Gupta said the winners will get the opportunity to participate in the national competition to be held in Parliament.Addressing the participants, Vijender Gupta stated, “The State-Level ‘Viksit Bharat Youth Parliament’ promote…
Amritsar, March 29 (IANS) Amritsar resident Amit Singh Rana beamed with pride on Sunday, after Prime Minister Narendra Modi, during his Mann Ki Baat address to the nation, praised him for his work related to the preservation and digitisation of manuscripts.Rana, who originally hails from Kanpur but has been living in Amritsar since 2013, said that having his name mentioned by the Prime Minister in Mann Ki Baat is a “matter of great pride for him”.Speaking to IANS, Rana also expressed his gratitu…
New Delhi, March 29 (IANS) The Congress on Sunday faulted the government’s foreign policy for once-isolated Pakistan acquiring new acceptance and respect from US President Donald Trump amid the West Asia conflict. “It is a country that was dealt with very strictly by Presidents Clinton, Bush, Obama, and Biden. Now, after having been isolated following its terror offensive in Mumbai in Nov 2008, Pakistan has acquired a new acceptance,” said former Union Minister Jairam Ramesh.Claiming that …
New Delhi, March 29 (IANS) Apex business chamber CII on Sunday lauded the swift action taken by the Government of India for a coordinated and well-calibrated response to the disruptions arising from the West Asia crisis, and called on industry to complement these efforts through responsible and constructive action.CII observed that the present situation represents a supply-side disruption, with pressures transmitted through energy costs, logistics and working capital cycles. While the policy res…
New Delhi, March 28 (IANS) The gravest mistake one can make about Left Wing Extremism (LWE) in India is to treat it as a permanent social fact. Insurgencies often present themselves as historical inevitabilities. They claim to speak for the neglected, derive legitimacy from grievance, and then convert that grievance into a theory of destiny. For years, CPI (Maoist) attempted precisely that in large parts of central and eastern India. It claimed to be the authentic political voice of deprivation….