China, the world’s largest consumer of gold, is planning to relax licensing norms for the export and import of the yellow metal, as the nation continues to steer away its reserves from the US dollar.According to a draft proposal from the People’s Bank of China (PBOC), the country plans to expand the use of “multi-use…
The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice of Rs 7,827.55 crore to Tata Communications for adjusted gross revenue (AGR) dues spanning nearly two decades, the company disclosed in an official note dated July 17.The dues have been raised for the financial years from 2005–06 to 2023–24. Tata Communications Managing Director AS Lakshminarayan…
The Defence Research and Development Organisation (DRDO) has signed over 2,000 technology transfer agreements and issued more than 200 production licences so far in 2024, significantly advancing India’s push for self-reliance in defence manufacturing, a senior official said on Wednesday.“Over 2,000 agreements were signed for technology transfer licences,” said Dr Chandrika Kaushik, Director General (PC&SI),…
JAMMU: The Jammu & Kashmir and Ladakh high court has expressed strong displeasure over the appointment of an IAS officer against whom CBI has sought prosecution sanction in the arms licences scam case as the commissioner/secretary of the General Administration Department (GAD).Questioning the appointment of M Raju, whose name figures in the CBI chargesheet in…
JAMMU: The Jammu bench of the High Court of Jammu & Kashmir and Ladakh on Monday directed the Ministry of Home Affairs to file an action-taken report conveying its final decision about the prosecution sanction of IAS officers in the arms licences scam before the next hearing. CBI is investigating the case.In their plea, the…