Author: Team Admin

Goemkapronn desk Mumbai: GMR Goa International Airport, the new aviation facility serving India’s tropical paradise along the Arabian Sea coast, on Wednesday raised ₹2,475 crore in a 20-year non-convertible debenture (NCD) series. The issue offe-rs investors a 10% coupon rate. ICICI Bank was the arranger for the issue. The funds will be used to primarily refinance existing debt raised earlier to build the greenfield airport in the northern tip of the small state that has the highest per capita income in the country and traffic volumes that far exceed the permanent population base. The funds raised will be utilised to…

Goemkarponn desk PANAJI: Chief Minister Pramod Sawant today said Goa is gearing up to establish a Kunbi Craft Village providing a platform for artisans to showcase their creativity, fostering self-employment, and generating earning opportunities. “Goa is also gearing up to establish a Kunbi Craft Village, providing a platform for artisans to showcase their creativity, fostering self-employment, and generating earning opportunities,” said Sawant. He further said that the Department of Handicrafts is actively engaged in reviving Goa’s heritage arts and crafts, notably bringing back the traditional KunbiSaree to showcase our cultural richness on the global stage. “Explore the success stories of…

Goemkarponn desk PANAJI: 8,700 recommendations have been sent to the Department of Transport for suspending driving licences of those individuals who indulged in over speeding. According to SP Kaushal, the Department of Transport has suspended nearly 3,000 licenses until August 2023 based on feedback from the Traffic Police. “The Department of Transportation has received up to 8,700 recommendations to suspend the driving privileges of those who engaged in overspeeding, and 2,500 recommendations to suspend the driving privileges of those who were frequently observed using a cell phone while operating a vehicle,” he said The Department of Transport has been advised…

Canada Trade Minister Mary Ng confirms that trade talks with India will remain on hold due to the pending investigation into the killing of a Canadian citizen. The diplomatic row erupted in September following allegations of Indian involvement in the killing, leading to strained India-Canada ties Goemkarponn desk NEW DELHI: Canada Trade Minister Mary Ng said that trade talks with India will remain on hold due to the investigation pending into the Khalistani terrorist Hardeep Singh Nijjar murder case, Bloomberg reported. “You’ve heard me and the government talk about how important it is that that investigation happens, given that we…

Goemkarponn desk PANAJI: In a bold move, the Ministry of Railways has announced its ambitious goal of eliminating waiting lists entirely in 4-5 years. Sources within the ministry revealed a comprehensive plan to address the increasing demand, particularly for general and sleeper-class coaches. Sources said that from April to October 2023, the data indicates a significant shift in passenger distribution. Non-AC coaches, including General and Sleeper classes, witnessed a staggering 95.3% of the total passengers carried, totaling a remarkable 372 crore passengers. This marks a substantial increase of 38 crore passengers compared to the previous year, emphasising the growing preference…

Goemkarponn desk PANAJI: Indian investigators have asked the Supreme Court to allow them to collect evidence from Singapore, while also seeking to restart a probe into the Adani Group for alleged overvaluation of coal imports, according to a report published by the news agency Reuters. The Directorate of Revenue Intelligence has been attempting to obtain Singaporean authority’s transaction documents pertaining to Adani’s business dealings since 2016. The agency believes a large portion of the group’s coal imports from Indonesian suppliers were initially billed to its Singaporean subsidiary, Adani Global Pte, at a higher price on paper, and subsequently to its…

Goemkarponn desk PANAJI: Prime Minister Narendra Modi, addressing the inaugural session of the Second Voice of Global South Summit, said India strongly condemned the deaths of civilians in the ongoing conflict between Israeli forces and Hamas militants. Modi said new challenges are emerging from the situation in western Asia. “…We all are seeing that new challenges are emerging from the events in the West Asia region. India has condemned the terrorist attack in Israel on October 7. We have exercised restraint as well. We have given emphasis on dialogue and diplomacy. We also strongly condemn the deaths of civilians in…