EU economic powerhouses to oppose subsidy cuts
France, Germany and Britain plan to issue a negative response to European Union (EU) plans to overhaul state aid programmes.
By Indo-Asian News Service | PTI, Paris
UPDATED ON FEB 05, 2005 12:04 PM IST
France, Germany and Britain plan to issue a negative response to European Union (EU) plans to overhaul state aid programmes, reports UPI.
EU Competition Commissioner Neelie Kroes, in an interview with the Financial Times last week, proposed reforms on state aid that would shift subsidies from big ailing companies to small and mid-sized businesses.
Kroes explained: "I am talking about less and better state aid, focusing on those regions that really need state aid ... focusing on risk capital, research and innovation and on small and medium-sized companies."
However, Germany, Britain and France, which receive the majority of state aid, called the proposal "unacceptable". The three nations are planning to issue a joint reply to Kroes' plans.
The three countries fear without financial incentive, companies will locate to new members states where labour costs are cheaper.
According to the latest figures available, in 2002 $64 billion were injected into the EU to help subsidise companies.
C'garh govt will bear cost of Covid-19 vaccination, says chief minister
PTI
PUBLISHED ON FEB 26, 2021 10:15 PM IST
"If the Union government refuses (to provide free vaccine to all), then we would facilitate Covid vaccination of people in the state at our own expenses," CM Baghel said.
PM Modi to inaugurate 1st digital toy fair on February 27: All you need to know
By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON FEB 26, 2021 10:17 PM IST
India's toy market stands at around $1.5 billion, but it is dominated by imported toys.
Workers block NH-16, call for bandh to protest privatisation of Vizag Steel
PUBLISHED ON FEB 26, 2021 10:14 PM IST
- Ignoring the continuous protests by the workers of the plant, the Centre has begun the exercise of disinvestment in the steel plant.
Health ministry says over 1.37 crore Covid-19 vaccine doses administered
PTI, New Delhi
PUBLISHED ON FEB 26, 2021 09:54 PM IST
As per the provisional report till Friday 6 pm, a total of 1,37,56,940 vaccine doses have been given through 2,89,320 sessions
In past 3 months, Feb registers highest number of travellers in India: Report
By HT Correspondent, Mumbai
UPDATED ON FEB 26, 2021 09:30 PM IST
- According to the report, bookings surged in Goa for both February 15 and February 22 by over 20%.
'Together in fight against pandemic': PM Modi thanks WHO chief on Covax delivery
By hindustantimes.com | Edited by Arpan Rai, New Delhi
UPDATED ON FEB 26, 2021 09:41 PM IST
"Thank you @DrTedros. We are all together in the fight against this pandemic. India is committed to sharing resources, experiences, and knowledge for global good," the Prime Minister said in a tweet.
New rules for social media, OTT require right implementation: Nasscom
PTI, New Delhi
PUBLISHED ON FEB 26, 2021 09:09 PM IST
Nasscom noted that technology is becoming all pervasive and it is important that there is responsible use and building of technology for all stakeholders government, industry, start-ups and citizens.
News updates from HT: Maharashtra records 8000 new cases of Covid-19
By hindustantimes.com, Hindustan Times, New Delhi
PUBLISHED ON FEB 26, 2021 09:05 PM IST
- Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.
Congress prepared for upcoming state elections, says KC Venugopal
By hindustantimes.com | Written by Nilavro Ghosh, Hindustan Times, New Delhi
PUBLISHED ON FEB 26, 2021 09:05 PM IST
"Congress is totally prepared for elections. We will appeal to the people for change, for good governance. Alliance for Assam has been finalised. In Kerala and West Bengal, the alliance also almost finalised. In Tamil Nadu, talks underway on alliance," he said as quoted by news agency ANI.
India extends ban on international flights till March 31
Written by Prashasti Singh, Hindustan Times, New Delhi
UPDATED ON FEB 26, 2021 09:39 PM IST
"Dedicated cargo flights and flights under the bilateral air bubble pacts with select countries will continue to operate," the DGCA said.
Everyone talking about miracle in Surat: Kejriwal on AAP's Gujarat performance
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
PUBLISHED ON FEB 26, 2021 08:38 PM IST
In the local body elections held in Gujarat, the Aam Aadmi Party turned out to be the major opposition in some civic bodies.
Maharashtra records over 8,000 fresh Covid-19 cases again, 1,035 cases in Mumbai
By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON FEB 26, 2021 09:31 PM IST
Though the number of fresh infections reported on Friday recorded a slight dip from Thursday's numbers, the overall Covid-19 situation remains severe in the state.
Dharavi reports 16 coronavirus cases, highest spike in four months
PTI, Mumbai
PUBLISHED ON FEB 26, 2021 08:22 PM IST
The caseload in the densely populated area, known as Asia's largest slum, thus reached 4,066.
Terminal 1 of Mumbai International airport to resume domestic operations
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
UPDATED ON FEB 26, 2021 08:07 PM IST
All international flights by the airlines will, however, be operated from Terminal 2 only.
Explosive found near Antilia was made by Nagpur-based company: Report
By hindustantimes.com | Edited by Ayshee Bhaduri, Hindustan Times, New Delhi
UPDATED ON FEB 26, 2021 08:08 PM IST
- A green Scorpio SUV was found parked on Carmichael Road some 600 meters away from Mukhesh Ambani’s residence Antila on Altamount Road.
