- PM attends groundbreaking ceremony of various projects in Uttar Pradesh
- Text of PMâs address at an event "Transforming Urban Landscape" in Lucknow, Uttar Pradesh
- PM addresses event to mark third anniversary of urban development initiatives
- English rendering of PMâs address in 46th episode of Mann Ki Baat on 29.07.2018
- CBI takes over probe into sexual abuse at Bihar's Muzaffarpur shelter home
- Assam CM Sarbanand Sonowal holds all party meeting in Guwahati
- Yamuna's water level crosses danger mark in Delhi; Army, NDRF prepared
- Maha govt to convene special session of State legislature to pass resolution for reservation to Maratha community
- Central govt to lay LPG pipeline in 13 districts of Punjab
- International Tiger Day being celebrated today
- Good governance is the birth right of every Indian says PM Modi in Mann Ki Baat
- PM Modi addresses nation on 46th edition of 'Mann Ki Baat'
- Womenâs Hockey World Cup: India face US in crunch clash
- India: Hope new Pakistan govt will work towards terror-free South Asia
- Pak Polls: ECP releases final results, PTI tops with 116 seats
- People getting covered under Prime Minister Social Security schemes
- Defence Minister hands over multi-fuel war tank engines to Army
- PM Modi lays foundation stones for several projects in Lucknow
- Minister of Railways Inducts Five New Track Maintenance Machines for State of the Art Track Maintenance on Indian Railways
- PM's address at the plenary session of 10th BRICS summit in Johannesburg, South Africa
- Address by the Honâble President of India Shri Ram Nath Kovind on the Occasion of Dedication of a Medical College and Hospital to the Nation in Jagdalpur
- President of India Dedicates a Medical College and Hospital to the Nation in Jagdalpur; Says in Development of Rural and Tribal Areas Lies the Development of India
- DEPwD takes initiative of verification audit of accessibility features in 70 Railway Stations
- A three day National Conference of Vice Chancellors of Universities and Directors of Higher Education Institutions being held in New Delhi
- Udhampur to get Super-specialty Army Hospital: Dr Jitendra Singh
- Tiger numbers increasing, need to build a social Movement for Tiger Conservation: Dr. Harsh Vardhan
- Badminton: Sourabh, Kuhoo-Rohan enter Russia Open final
- Militants launch attack in eastern Afghan city of Jalalabad
- Pak polls: Multi-party meet rejects results, demands 'transparent' re-election
- Digital India: Polytechnic College in Madhya Pradesh develops its own e-portal
- DMK President Karunanidhi admitted to hospital after drop in blood pressure
- Nepal appreciates India for providing support in post earthquake reconstruction programme
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- Government sets up panel to address stressed thermal power assets issues
- Khap outcasts family as daughters perform dad's last rites
- A khap panchyat of Rager community in Bundi district near here today allegedly outcast the four women and their family members for performing the last rites of their father, who had no son to shoulder his bier.
- Stay at home': Maratha stir victim's last conversation with cousin
- You just stay at home, do not come out, stone-pelting is going on. I will come, along with appa and daji" -- this was the last conversation 21-year-old Rohan Todkar had with his cousin Shital Shinde, before the violence during the Maratha quota stir in neighbouring Navi Mumbai claimed his life.
- Karunanidhi's vital signs normalising
- Draft rules prescribe reporting mechanism: LG on CCTV issue
- Cong doesn't need to go to people for blessings: Kamal Nath on Shivraj's Aashirwaad Yatra
- Modi building 'castles of development' in the air: Akhilesh
- Taking a dig at Prime Minister Narendar Modi, the Samajwadi Party today claimed he was trying to save his lost popularity and credibility bu laying foundations of various projects and building "castles of development in the air".
- Proposed grand alliance against BJP 'band, baja, barat' sans groom: Naqvi
- The proposed "Mahagathbandhan" (grand alliance) against the BJP ahead of the 2019 Lok Sabha polls looks like a "band, baja, barat" without a groom, Union minister Mukhtar Abbas Naqvi said here today.
- India hold USA to 1-1 draw, progress to knock-outs of women's hockey WC
- Under pressure Indian women's hockey team produced a spirited performance to come back from a goal down and hold higher-ranked USA to a 1-1 draw in their last Pool B match and progress to the knock-out stages of the World Cup here today.
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- The Central government on Sunday decided to set up a high-level empowered panel under the Cabinet Secretary to resolve issues plaguing the power sector and revive stressed assets.
- Hindi bestsellers list includes Modi's book among 40 others
- Prime Minister Narendra Modi's "Exam Warriors" and author Amish Tripathi's "Sita", among others, have made it to the translated bestsellers' category of the quarterly-updated "Dainik Jagran Nielsen Bookscan Bestseller" list.
- Ticket sales of 2019 AFC Asia Cup to begin on Monday
- NITI Aayog proposes nodal energy ministry to streamline governance
- Government panel suggests common database for economic indicators
- Jose Mourinho's moans show Jürgen Klopp's Liverpool will be a genuine threat this season
- Force India placed into administration as Vijay Mallya outmanoeuvred
- Good news for Jaypee, Amrapali homebuyers
- How China checkmated USA in its own backyard
- Made in India fighter jets on Modi's 2025 list
- NITI Aayog proposes common nodal energy ministry
- Economic indicators: Panel suggests common database
- Here's the .001% reason why you did not get GST cut
- Exports must get priority sector lending tag: Prabhu
- Meet India's 'best bank': The Indian Bank
- Samajwadi Party neither has 'neeti' nor 'niyat': BJP
- Gujarat BJP discusses strategy to retain 26 LS seats in 2019 polls
- Afghanistan President Ashraf Ghani invites Imran Khan to visit Kabul
- The Aayog has included the proposal in its second draft of the National Energy Policy following suggestions from its vice chairman Rajiv Kumar.
- The charge of the company, however, would remain with the current promoters, or with the Insolvency Resolution Professional (IRP) in some cases.
- China has been discreetly carrying out a far-reaching plan of its own across Latin America.
- Government employees may soon be able to go abroad on LTC
- Jose Mourinho's moans show Jürgen Klopp's Liverpool will be a genuine threat this season
- ET had reported in October 2016 that the government has set up five committees to overhaul the countryâs statistical system and restore the credibility of growth numbers.
- The Iranian currency has lost half its value against the dollar in just four months.
- Mourinho took aim at Liverpool after a friendly, possibly because theyâve done what he wanted United to in the pre-season.
- The self-styled âKing of Good Timesâ bought into the team at the end of 2007, when it was called Spyker and struggling at the back of the grid and led its transformation into the sportâs best-of-the-rest outfit.
Good news for Jaypee, Amrapali homebuyersThe charge of the company, however, would remain with the current promoters, or with the Insolvency Resolution Professional (IRP) in some cases. How China checkmated USA in its own backyardChina has been discreetly carrying out a far-reaching plan of its own across Latin America. Made in India fighter jets on Modi's 2025 listThe govt is looking at achieving a turnover of Rs 1,70,000 crore in military goods and services by 2025. NITI Aayog proposes nodal energy ministry to streamline governance The Aayog has included the proposal in its second draft of the National Energy Policy following suggestions from its vice chairman Rajiv Kumar. Good news for Jaypee, Amrapali homebuyers After years of frustration and disappointment, a possible solution may be in sight for the harried home buyers in Jaypee Infratech and Amrapali projects in Noida.State-run NBCC (India) is likely to take up the projects to ensure their completion, and hand them over to their bona fide owners, said government officials familiar with the development. In return, NBCC has sought full control of the finances through an escrow account.âMoney can be arranged for the completion of the projects from balance payments of the buyers and the control of that money should be with NBCC through an escrow account,â one of the members who attended the meeting of a high-level committee constituted by the government of Uttar Pradesh told ET on the condition of anonymity.The charge of the company, however, would remain with the current promoters, or with the Insolvency Resolution Professional (IRP) in some cases.The high-level committee has so far met thrice to salvage the situation after home buyers had approached the government seeking a solution. The home buyers have also favoured that a government agency take up the unfinished projects.âNBCC has also advised that Noida Authority and banks should not ask for more money from the home buyers till the time houses are delivered to them. Noida Authority and banks should seek payments only when the buyers are satisfied with their houses,â the source said, quoting NBCC representation to the committee.After the projects are completed, a call can be taken on dividing the surplus money lying with the escrow account.NBCC has also suggested that it will act as a Project Management Consultant (PMC) to the projects and ensure their completion by engaging third party construction companies.Amrapali has already made a representation to the Supreme Court, saying they want the help of NBCC to complete the project, and they would like to hand it over to NBCC, or any other similar government entity, to finish the remaining work. As per the affidavit submitted with the Supreme Court, Amrapali group will be developing a total of 40,987 units, which require Rs 5,112 crore for completion.For NBCC, which is already executing projects worth Rs 80,000 crore across India, taking over the incomplete projects may not be a huge task as estimates suggest that the total cost of completing both the projects â" Amrapalli and Jaypee â" may not be in excess of Rs 15,000 crore. While NBCC may not earn much by taking up these incomplete ventures, it may in turn open up more opportunities for the company. How China checkmated USA in its own backyard By Ernesto LondoñoQUINTUCO(ARGENTINA): The giant antenna rises from the desert floor like an apparition, a gleaming metal tower jutting 16 stories above an endless wind-whipped stretch of Patagonia.The 450-ton device, with its hulking dish embracing the open skies, is the centerpiece of a $50 million satellite and space mission control station built by the Chinese military.The isolated base is one of the most striking symbols of Beijingâs long push to transform Latin America and shape its future for generations to come â" often in ways that directly undermine the United Statesâ political, economic and strategic power in the region.The station began operating in March, playing a pivotal role in Chinaâs audacious expedition to the far side of the moon â" an endeavor that Argentine officials say they are elated to support.But the way the base was negotiated â" in secret, at a time when Argentina desperately needed investment â" and concerns that it could enhance Chinaâs intelligence gathering capabilities in the hemisphere have set off a debate in Argentina about the risks and benefits of being pulled into Chinaâs orbit.âBeijing has transformed the dynamics of the region, from the agendas of its leaders and businessmen to the structure of its economies, the content of its politics and even its security dynamics,â said R. Evan Ellis, a professor of Latin American studies at the U.S. Army War College.For much of the past decade, the United States has paid little attention to its backyard in the Americas. Instead, it declared a pivot toward Asia, hoping to strengthen economic, military and diplomatic ties as part of the Obama administrationâs strategy to constrain China.Since taking office, the Trump administration has retreated from that approach in some fundamental ways, walking away from a free-trade pact with Pacific nations, launching a global trade war and complaining about the burden of Washingtonâs security commitments to its closest allies in Asia and other parts of the world.All the while, China has been discreetly carrying out a far-reaching plan of its own across Latin America. It has vastly expanded trade, bailed out governments, built enormous infrastructure projects, strengthened military ties and locked up tremendous amounts of resources, hitching the fate of several countries in the region to its own.Even with parts of Latin America shifting to the right politically in recent years, its leaders have tailored their policies to fulfill Chinaâs demand. Now Beijingâs dominance in much of the region â" and what it means for Americaâs waning stature â" is starting to come into sharp focus.âItâs a fait accompli,â said Diego Guelar, Argentinaâs ambassador to China.Trade between China and countries in Latin America and the Caribbean reached $244 billion last year, more than twice what it was a decade earlier, according to Boston Universityâs Global Development Policy Center. Since 2015, China has been South Americaâs top trading partner, eclipsing the United States.Perhaps more significantly, China has issued tens of billions of dollars in commodities-backed loans across the Americas, giving it claim over a large share of the regionâs oil â" including nearly 90 percent of Ecuadorâs reserves â" for years.China has also made itself indispensable by rescuing embattled governments and vital state-controlled companies in countries like Venezuela and Brazil, willing to make big bets to secure its place in the region.Here in Argentina, a nation that had been shut out of international credit markets for defaulting on about $100 billion in bonds, China became a godsend for then-President Cristina Fernández.And while it was extending a helping hand, China began the secret negotiations that led to the satellite and space control station here in Patagonia.Argentine officials say the Chinese have agreed not to use the base for military purposes. But experts contend that the technology on it has many strategic uses.Frank A. Rose, an assistant secretary of state for arms control during the Obama administration, said he spent much of his time worrying about Chinaâs budding space program. U.S. intelligence and defense officials watched with alarm as China developed sophisticated technology to jam, disrupt and destroy satellites in recent years, he said.âThey are deploying these capabilities to blunt American military advantages, which are in many ways derived from space,â Rose said.Antennas and other equipment that support space missions, like the kind China now has here in Patagonia, can increase Chinaâs intelligence-gathering capabilities, experts say.Lt. Col. Christopher Logan, a Pentagon spokesman, said U.S. military officials were assessing the implications of the Chinese monitoring station. Chinese officials declined requests for interviews about the base and their space program.Beyond any strategic contest with the United States, some leaders in Latin America are now having doubts and regrets about their ties to China, worried that past governments have saddled their nations with enormous debt and effectively sold out their futures.But Guelar argued that hitting the brakes on engagement with China would be shortsighted, particularly at a time when Washington has given up its long-standing role as the regionâs political and economic anchor.âThere has been an abdicationâ of leadership by the United States, he said. âIt surrendered that role not because it lost it, but because it doesnât wish to take it on.âThe Argentine government was in crisis mode in 2009. Inflation was high. Billions of dollars in debt payments were coming due. Anger was swelling over the government, including its decision to nationalize $30 billion in private pension funds. And the worst drought in five decades was making the economic situation even more bleak.Enter China. First, it struck a $10.2 billion currency swap deal that helped stabilize the Argentine peso, and then promised to invest $10 billion to fix the nationâs dilapidated rail system.In the middle of all this, China also dispatched a team to Argentina to discuss Beijingâs ambitions in space.The Chinese wanted a satellite-tracking hub on the other side of the globe before the launch of an expedition to the far side of the moon.If successful, the mission, scheduled to launch this year, will be a milestone in space exploration, potentially paving the way for the extraction of helium 3, which some scientists believe could provide a revolutionary clean source of energy.China Satellite Launch and Tracking Control General, a division of the countryâs armed forces, settled on this windswept 494-acre patch in Argentinaâs Neuquén province.Flanked by mountains and far from population centers, the site offered an ideal vantage point for Beijing to monitor satellites and space missions around the clock.Félix Clementino Menicocci, secretary-general of Argentinaâs National Space Activities Commission, a government agency, said the Chinese had pitched officials with promises of economic development and the prospect of enabling a history-making endeavor.âTheyâve become major players in space in the span of a few years,â Menicocci said of Chinaâs space program.After months of secret negotiations, Neuquén province and the Chinese government signed a deal in November 2012, giving China the right to the land â" rent free â" for 50 years.When provincial lawmakers caught wind of the project after construction was underway, some were aghast. Betty Kreitman, a lawmaker in Neuquén at the time, said she was outraged that the Chinese military was being allowed to set up a base on Argentine soil.âSurrendering sovereignty in your own country is shameful,â Kreitman said.When she visited the construction site, she said, she pressed Chinese officials for answers but walked away feeling even more concerned.âThis is a window to the world,â she recalled the Chinese supervisor at the site saying. âIt gave me chills. What do you do with a window to the world? Spy on reality.âEllis said the Chinese had also probably pursued relationships with Latin American nations with an eye toward any possible confrontation with the United States.âChina is positioning itself in a world that is safe for the rise of China,â he said. âIf youâre talking about the 2049 world, from the perspective of Latin America, China will have unquestionably surpassed the United States on absolute power and size. Frankly, if it was a matter of sustained conflict, you reach a point where you canât deny the possibility of Chinese forces operating from bases in the region.â NITI Aayog proposes common nodal energy ministry NEW DELHI: The NITI Aayog has proposed a common nodal energy ministry on the lines of the model followed in various other countries to streamline governance among different ministries and departments pertaining to the crucial sector and speed up decision-making.The Aayog, the governmentâs premier think tank, has included the proposal in its second draft of the National Energy Policy following suggestions from its vice chairman Rajiv Kumar.If implemented, the proposal would help sort out governance issues among the ministries of petroleum and natural gas, power, coal, new and renewable energy, and the Department of Atomic Energy.The first draft of the National Energy Policy, under the then vice chairman Arvind Panagariya, did not touch upon the issue of streamlining governance in the energy sector. The second draft is awaiting inter-ministerial comments, following which the National Energy Policy is expected to be finalised.The Narendra Modi-led government made a start in this direction when Piyush Goyal was given charge of three ministries, namely power, coal, and new and renewable energy in 2016. However, the petroleum and natural gas ministry continued to be headed by a different minister, with the result that governance issues persisted among the multiple ministries.The Department of Atomic Energy, due to security reasons, continued to be under the control of the Prime Minister.The Aayog has proposed setting up of a single, all-powerful nodal ministry, under which all existing ministries can be subsumed, said a senior government official.âWith one common ministry all crucial decisions would be taken unilaterally, with no inter-ministerial differences, which in turn would speed up the reform process in the sector,â said the official, who did not wish to be identified.He said the government would need strong political will to accept the proposal of a unified ministry since it would have far reaching implications.The National Energy Policy, which has been in the works since 2015, will replace the Integrated Energy Policy of the erstwhile United Progressive Alliance government and lay the road map for the governmentâs push towards clean energy and reducing fuel imports.The broad objectives of the policy are enhanced energy independence, increased access at affordable prices, greater sustainability and higher economic growth.The policy is expected to focus on aligning energy prices with those in the international market so that prices across sectors are market-driven and subsides are limited to identified beneficiaries via direct benefit transfer.As per the draft policy, the period 2017-2040 is expected to witness a quantum leap in the use of renewable energy, drastic reduction in energy intensity, doubling of per capita energy consumption and tripling of per capita electricity consumption. - UK halts Type 31e frigate competition
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Sunday, July 29, 2018
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