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
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.
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
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
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 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
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 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
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 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
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
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
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
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
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.
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
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
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
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
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