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First cargo of IndianOil’s crude oil imports from US shipped

 In a big leap aimed at diversifying its crude oil sources and boosting the country’s energy security, IndianOil Corporation has begun crude oil imports from the US. The first cargo of high-sulphur ‘Mars’ crude oil

Modi keeps his word: Turns up heat on benami properties

When prime minister Narendra Modi spoke about action against benami properties while delivering the I-Day address from the Red Fort ramparts, he was in fact fulfilling a promise he made during the last Mann ki Baat of 2016.  

REC posts profit of Rs 1,890 crore

 Rural Electrification Corporation (REC) Limited’s, total income, as on June 30, has risen to Rs 34,614 crore as against Rs 29,952 crore in the previous corresponding quarter. The profit before tax (PBT) for the quarter is Rs 1,890 cror

IRCTC unveils international tour packages

 Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), an Indian Railways’ PSU, has come up with an International tour package based on leisure and pilgrimage theme. IRCTC is one of the biggest e-commerce website acros

SAIL achieves significant growth in turnover

 Steel Authority of India Ltd (SAIL) clocked a turnover of Rs 12,860 crore in the first quarter of 2017-18 FY, registering a growth of 26 percent over the turnover of Rs 10,180 crore achieved in corresponding period last year (CPLY).

ONGC Foundation gives aid to National Cancer Institute

 ONGC has granted Rs 100 crore to turn the vision of affordable world class cancer care facilities in central India into reality. The National Cancer Institute’s (NCI) first phase at Nagpur was unveiled on August 13, 2017 in the presenc

India and China will live side by side: Dalai Lama

Tibetan spiritual leader Dalai Lama has said that neither India nor China has the ability to defeat each other.    The 14th Dalai Lama was giving the inaugural lecture at the launch of a course on ‘Secular

BSNL unveils special tariff voucher for roaming

 BSNL has decided to allow the benefit of voice calling/SMS, special tariff voucher (STV) and combo vouchers in national roaming to its customers on the occasion of 71st Independence day on pan-India basis from August 15, 2017. BSNL

A remembrance of things past

As India celebrates 70 years of freedom, Governance Now looks back and picks 70 words – or phrases, buzzwords, slogans, events – that best define this ancient nation and young democracy. Here, you will find much to be proud of

Farm loan waivers to lead to deflationary shock: Economic Survey

Farm loan waivers could reduce aggregate demand by as much as 0.7 percent of GDP, imparting a significant deflationary shock to an economy yet to gain full momentum, said the Economic Survey 2016-17 Volume 2.   The s

Gorakhpur deaths: NHRC notice to UP government

 The National Human Rights Commission (NHRC) has issued a notice to the Uttar Pradesh government following the death of several children in the BRD Medical College, Gorakhpur. The commission has called for a detailed report along with the ste

Finance ministry ropes in EESL for energy saving

 In its bid to bring down energy consumption by old government buildings that consume huge amount of power, the ministry of finance has asked central government establishments to install energy efficient appliances across India. The

Railways introduces high capacity parcel vans

To meet the demand of full vehicle load perishable traffic, Indian Railways has developed high capacity parcel vans, having capacity of 23 tonnes. These vans are attached to passenger trains subject to operational feasibility. To fa

More CCTV cameras for Chennai and Madurai airports

In order to bolster security, the airports authority of India (AAI) has assessed an additional requirement of 400 CCTV cameras for Chennai and 57 cameras for Madurai airport. At present, Chennai airport is having 651 CCTV cameras wh

Significant growth in air freight at Indian airports

Minister of state for civil aviation Jayant Sinha in a reply to a question in the Lok Sabha said that air freight handled at Indian airports has grown by over 20 times from 0.08 million metric tonnes (MMT) in 1972-73 to 2.5 MMT in 2014-15.

CSL equity issue oversubscribed

Union minister of road transport and highways and shipping, Nitin Gadkari said the government’s commitment to develop infrastructure has bolstered the faith of investors which has resulted in 76 times oversubscription of IPO of Cochin Shipya

Yashwant Sinha on reforms, the tobacco war and, making cloud industry-friendly

Last year the nation marked the 25th anniversary of the launch of economic liberalisation. Back in those tumultuous days, Yashwant Sinha was an important part of the dramatis personae involved in the reforms process. As finance minister in the s

Indian music is based on the shastras: Pandit Jasraj

Born in a small village near Hisar in Haryana, Pandit Jasraj comes from a family of musicians of over four generations. Jasraj was initiated to music by his revered father, Pandit Motiram. Soon after his death, Jasraj went through intensive tu

Capital expenditure on defence purchase from Indian firms goes up

Minister of state for defence, Subhash Bhamre said that the capital expenditure on procurement of defence equipment from Indian vendors has increased from Rs 31,575 crore in 2013-14 to Rs 41,873 crore in 2016-17.   B

Shimla airport’s expansion work begins

Airports authority of India (AAI) has started undertaking restoration and expansion work at the Shimla airport.   The government has made a budgetary provision of Rs 124.22 crore for restoration, extension of apron t



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Modi govt. imposes 1.7k penalty on RIL

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