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Government to unveil Bharat Forecasting System on Monday

Government to unveil Bharat Forecasting System on Monday

by AIP Online Bureau | May 25, 2025 | Eco/Invest/Demography, Indian News, Technology

“We will now be able to issue more localised and accurate weather forecasts,” said M Ravichandran, Secretary, Ministry of Earth Sciences, New Delhi: The government will on Monday unveil a new ‘Bharat Forecasting System’ that will enable the...

Govt to hold pre-emption right over oil, gas in national emergency: Draft rules

by AIP Online Bureau | May 11, 2025 | Eco/Invest/Demography, Policy, Risk Management

A pre-emption right (or preemptive right) is the legal right of a party – often a government or existing shareholder – to purchase or claim a product, asset, or resource before it is offered to others. New Delhi: The government will hold pre-emption rights...

Govt mandates legal interception of satcom services bars data routing outside country

by AIP Online Bureau | May 5, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

The move assumes significance as the government is, for the first time, gearing up to open satellite communication service for the general public and needs to put measures in place to avoid any misuse of the services by criminal elements, especially terrorists. New...
Govt moving ahead with IDBI Bank disinvestment plan in current fiscal: DIPAM Secy

Govt moving ahead with IDBI Bank disinvestment plan in current fiscal: DIPAM Secy

by AIP Online Bureau | May 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy

Arunish Chawla,Secretary ,Department of Investment and Public Asset Management On the issue of further stake dilution in LIC, Chawla said the government aims to meet the minimum public shareholding requirement by the financial year ending March 2027, in line with the...

UK-India investment treaty lets companies sue government

by AIP Online Bureau | May 3, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
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