CCEA, Union Cabinet meet to be held virtually today

The Cabinet Committee on Economic Affairs (CCEA) and Union Cabinet meeting will be held on Wednesday via video conferencing. As per highly placed sources, the CCEA meeting will be held at 10 am and the Union Cabinet meeting is scheduled at 10.05 am. The Union Cabinet, last week, had approved the Memorandum of Understanding (MoU) between India and Nepal for […]

Union Cabinet approves scheme for designing, manufacturing semiconductor chips in India

Union Cabinet on Wednesday approved a budget of Rs 76,000 crore for designing and manufacturing semiconductor chips in India. Union Information and Broadcasting Minister Anurag Thakur said the cabinet sanctioned Rs76,000 crore for the ambitious project, titled Programme for Development of Semiconductors and Display Manufacturing Ecosystem, to be spent over a span of […]

Union Cabinet approves ECGC IPO; investment of Rs 4,400 cr in next 5 years

Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that the Union Cabinet has approved the listing of state-owned Export Credit Guarantee Corporation (ECGC) Ltd through the initial public offer (IPO) on the stock exchanges. The minister made this announcement during the Cabinet briefing here. While addressing the press conference, Goyal said, […]

Shiv Sena seeks removal of Narayan Rane from Union Cabinet

Shiv Sena MP Vinayak Raut on Tuesday has in a letter to Prime Minister Narendra Modi sought the removal of Union Minister Narayan Rane from the Cabinet after Rane was booked for allegedly making derogatory remarks against Maharashtra Chief Minister Uddhav Thackeray. In his letter, Raut stated that people like Rane who use objectionable language do not deserve […]