A brief look at what is ahead and what happened overnight.
GN Bureau | July 1, 2015
PM Narendra Modi to launch ‘Digital India Week' today
Prime Minister Narendra Modi will launch the 'Digital India Week' in the national capital Wednesday with a view to empower the people of the country through the Digital India Programme.Digital India aims to transform the country into a digitally empowered knowledge economy.
Read More: Digital India will touch, empower you
Sensex rises 130 points, airline stocks jump on IndiGo IPO plans
At 10 am the S&P BSE Sensex was up 129.97 points, or 0.47%, to 27,910.80. Airline stocks rise after InterGlobe Aviation Ltd, which runs India’s largest airline by market share IndiGo, and its existing investors announced plans to sell around 10% of their equity to raise around Rs.2,500 crore. SpiceJet Ltd climbs 3.8% to Rs.19.05, while Jet Airways India Ltd is up 2.5% to Rs.288.70.
Railway ticket refund rules revised from today
To ehlp early confirmation of wait-listed passengers the railways have revised rules for refund of cancelled railway tickets. Passengers will have to present their confirmed tickets at least 48 hours before the journey instead of existing 24 hours to get the maximum refund. To get a refund with cancellation charges of 25 percent of the fare, passengers will now have to cancel their confirmed tickets within 48 hours and at least six hours before the train's departure against the existing four hours.
First batch of Amarnath Yatra pilgrims flagged off from Jammu
First batch of Amarnath Yatra pilgrims was flagged off from Jammu base camp early Wednesday. Amid tight security arrangements the first batch of over 5,000 pilgrims left for 3,888-metre high cave shrine in south Kashmir Himalayas.
Pankaja Munde to brief media to clarify stand on corruption allegations
Maharashtra Women and Child Welfare Minister Pankaja Munde will on Wednesday hold a press conference to clarify her stand on the charges of corruption levelled at her.
Disappointment over reforms
Global rating agency Moody's is disappointed with the government's reforms process and subdued rural economy and downgraded India's rating. It said there were concerns about risk of policy stagnation and "some disappointment" has emerged over the pace of reforms under the Modi government.In its latest 'Inside India' report, Moody's Investors Service said the consensus view on India's economic growth prospects is relatively optimistic and in line with Moody's baseline forecast of 7.5%.
Bharatiya Mahila Bank may be merged with SBI
Bharatiya Mahila Bank (BMB), launched only 20 months ago, may be merged with the State Bank of India due to concerns over expansion challenges in terms of establishment of branches.
Delhi Assembly passes budget for 2015-16
The Delhi Assembly today passed the Rs 41,129 crore budget for 2015-16 -- the first by the AAP government -- with a major focus on education, health and transport sectors. Due to hike in entertainment tax watching movies in multiplexes willbe expensive and Rs 40 additional levy on cable TV/DTH services also makes home entertainment tooo dear.
Permission norms to be changed for govt staff going abroad
The government may set a time limit of 15 days to decide on permission to travel abroad by a government official. However, there could be stricter norms for the officials handling a large amount of cash or having access to government secrets, says a draft prepared by Department of Personnel and Training (DoPT).
Activists move Supreme Court seeking CBI probe into Vyapam deaths
Two key whistleblowers in the Vyapam scam in Madhya Pradesh approached the Supreme Court on Tuesday, seeking a Central Bureau of Investigation (CBI) investigation into mysterious deaths of witnesses in the case. Congress leader Digvijay Singh has also approached the Supreme Court seeking CBI investigation into the case under apex court monitoring.
Lalit Modi claims Varun Gandhi offered a deal to settle case with Congress
Lalit Modi, who is accused of financial irregularities and money laundering by the Enforcement Directorate, has now targeted young BJP MP Varun Gandhi, claiming that he had met him in London a few years ago and said that he will settle 'everything' with the help of his aunt - Congress chief Sonia Gandhi.Varun Gandhi accepted that he had met Lalit Modi at his London residence three years ago but completely denied that he had offered to settle all legal matters.
Google Maps now available in 12 more Indian cities
People can now see traffic information for 12 new cities- Kolkata, Thiruvananthapuram, Bhopal, Coimbatore, Lucknow, Surat, Indore, Ludhiana, Visakhapatnam, Nagpur, Kochi and Madurai on Google Maps.This latest update to Google Maps makes traffic information available for all national highways and expressways in India.
Pollution monitoring devices in over 900 industrial units
A total of 920 industries in India have installed 24X7 pollution monitoring devices and another 400 have moved towards zero liquid discharge (ZLD), Environment, Forests and Climate Change Minister Prakash Javadekar said on Tuesday.
Facebook launches new version of Lite for 2G users in India
Social networking site Facebook has launched a new light version of its app on the popular Android platform to tap the 2G using population of the country.The Lite app, which is less than 1MB, can be downloaded from the Play Store. The app uses a compression technology wherein most of the heavy lifting is done on Facebook's servers.
Prime minister Narendra Modi celebrated three-year of his government on May 26 by inaugurating Dhola-Sadiya bridge over the Brahmaputra river in Assam’s Tinsukia district. It is the longest bridge in India, which runs 9.15 km from end to end and connects Assam with Arunachal Pradesh.
IndianOil posted a net profit of Rs 19,106 crore for 2016-17 fiscal as compared to a profit of Rs 11,242 crore in the last fiscal. The income from operations for the financial year 2016-17 was Rs 4,45,373 crore as compared to Rs 4,06,828 crore in the previous fiscal. IndianOil`s income from
Hindustan Aeronautics Limited (HAL) carried out first flight of light utility helicopter (LUH)-PT-2 on May 22 at its Bengaluru-based facility. The flight duration was about 22 minutes and pilots reported nil snag, HAL said. “These maiden flights of indig
Narendra Modi is like Greek mythology’s King Midas: whatever he touches turns into gold. Most people in this country are left dazzled by his ability to make dramatic announcements with a statuesque flourish. The past three years of the Modi government have left the
Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by successfully commissioning another 270 MW thermal unit at RattanIndia Nasik Power Limited’s 5x270 MW thermal power project at Sinnar (Nasik) in Maharashtra. This is the fourth unit to be c
Chaudhary Birender Singh, minister for steel, said that the Indian steel industry is at the cusp of a significant milestone by becoming the second largest stainless steel producer in the world, leaving behind Japan. He said that the steel sector is only an example of all-round development in India. The c