The Hyderabad-headquartered Konaseema Gas Power Ltd has announced a sale under liquidation of its 445 MW combined cycle power plant located in the East Godavari District of Andhra Pradesh.

The Central Pollution Control Board (CPCB) has raised serious concerns over pollution and frothing in the River Yamuna after the nodal agency tasked with monitoring and regulating pollution observed froth formation and increase in ammonia levels in the river.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4 per cent. At the same time, the marginal standing facility and bank rate also remained unchanged at 4.25 per cent, while the reverse repo rate too remained unchanged at 3.35 per cent.

In the months to come, India can undoubtedly pick a few lessons from China and with appropriate improvisations lead the way to making policy changes that bring in a radical change in the ease of doing business as well as supplying its domestic needs and international demands. By DR. POORNIMA ADVANI

Union Finance Minister Nirmala Sitharaman has announced 12 key measures as part of the Central Government’s stimulus to the economy under Aatmanirbhar Bharat 3.0.

Competition Commission of India (CCI) has approved the acquisition of Orix Wind SPVs by Greenko Energy Holdings (GEH) from ORIX Corp. and equity stake in GEH by Orix under Section 31(1) of the Competition Act, 2002, on Thursday.

Sanjay Malhotra, a 1990 batch officer of the Indian Administrative Service (IAS)’s Rajasthan cadre has assumed charge as Chairman & Managing Director, the Navratna non-financial banking company (NBFC) REC Ltd with effect from November 9. The Appointments Committee of the Cabinet (ACC) had approved Malhotra’s appointment.

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the continuation and revamping of the scheme for financial support to public-private partnerships (PPPs) in the infrastructure viability gap funding (VGF) Scheme till 2024-25 with a total outlay of Rs 81 billion.

With an eye on qualitatively improving the ease of doing business of the IT industry, particularly the business process outsourcing (BPO) and IT-enabled services (ITES) segments, the Central Government has drastically simplified the other service provider (OSP) guidelines of the Department of Telecom.