Provisional attachment has been made by the Income Tax department in more than 900 cases of properties under the Prohibition of Benami Property Transactions Act, which came into force November 1, 2016. These attachments include plo
A 16 digit virtual ID (VID) is expected to give a fresh layer of security to Aadhaar. Here are the five key points of VID: User virtual ID or VID in place of Aadhaar number for any service where you
The free services of public sector banks are not being discontinued, said a top official. There were online reports that said all free services of public sector banks would be discontinued from January 20. “No p
Members of parliament are angling for a 100 percent hike in their salary. The Lok Sabha’s committee on salary and allowances has called a meeting on January 12 where it is likely to discuss an old proposal to double the salari
National Project Construction Corporation Ltd. (NPCC), a PSU of the ministry of water resources, river development and Ganga rejuvenation, will now undertake basic infrastructure projects like road, buildings and environment related projects, said
The foreign direct investment (FDI) policy has been further liberalised. The union cabinet chaired by prime minister Narendra Modi has given its approval to a number of amendments in the FDI Policy. These are intended
ONGC has embarked on an ambitious project on innovation towards making an “Efficient Electric Chulha (stove)”. ONGC has also launched a nationwide campaign to seek innovative solutions for the development of solar
The growth in South Asia slowed to a still strong 6.5 percent in 2017, in part reflecting businesses’ adjustment in India to the country’s new Goods and Services Tax and to the adverse impacts of natural disasters across the region, sa
As part of the strategy to keep shares readily available for transaction to take advantage of market conditions without any loss of time, the government has identified certain CPSEs, including those in West Bengal, for minority stake sale in secto
As many as 24 power projects with 41.81 GW capacity may be under a severe financial stress, but the troubled sector still holds hope in growth drivers including higher demand from the Railways, proposed law to enforce power purchase agreements (PP
Railways wants to jazz up 400 major railway stations by providing large, airy foyers, comfortable sitting areas, snazzy lounges, smart ticketing system, escalators and the works. But there is a hitch. The railways has been peddling
Over one lakh Gram Panchayats (GP) across the country have now been connected with high speed optical fibre network. BharatNet network envisages delivery of high-speed broadband services in over 2.5 lakh villages benefitting more th
Rashtriya Ispat Nigam Limited (RINL), Visakhapatnam Steel Plant and KIOCL Limited, Kudremukh Iron Ore Company Limited signed an Memorandum of Understanding (MOU) on January 6, 2018 at Mangalore to set up a joint venture company for Pellet Pl
Netaji Subhas Chandra Bose International Airport, Kolkata has started the implementation of CAT III-B Instrument Landing System, which will allow flights to operate till the visibility drops below 50 meters. With introduction of thi
IndianOil Corporation (IndianOil) has adopted 2018 as the `Year of Trust`. From Pradhan Mantri Ujjwala Yojana (PMUY) to daily price revision of petrol & diesel, to the decision to leapfrog BS-VI fuels supply to Delhi by April 1,
Prime minister Narendra Modi has urged corporates to contribute towards the national development agenda through corporate social responsibility (CSR) activities, but the corporates are still caught up in the compliance zone to follow the legal man
The decision to shut two liquor vends in west Delhi following a public vote is the result of a direct democracy being encouraged by Arvind Kejriwal led Aam Aadmi Party (AAP) government. Kejriwal on Sunday said that any complaints re
The Unique Identification Authority of India (UIDAI) has done it again. For the fourth time, the authority has filed a police complaint against individuals and agencies highlighting the vulnerability of information leak from the Aadhaar databas
Reserve Bank of India (RBI) has informed that “a former governor of RBI in his letter to the Chief Election Commissioner had mentioned the risk of promising loan waivers by political parties at election time as beneficiaries stop making paym
With their Thalaivar announcing his political debut, fans have started their field work to support the superstar. RFT1165•
