The telecom regulator`s decision to cut international termination charges (ITC) to 30 paise from 53 paise will hit the incumbent operators (Airtel, Idea and Vodafone) the most. At present, the annual revenue of the industry from ITC is approximate
Additional borrowing of Rs 20,000 crore, and not Rs 50,000 crore, is being considered by the government to meet financial needs. Upon a review of trends of revenue receipts and expenditure pattern, it has been assessed
Defence minister Nirmala Sitharaman recently made her maiden visit to the Bangalore complex of Navratna defence PSU- Bharat Electronics Ltd and was briefed on both the ongoing and futuristic projects of the enterprise.
State-owned NTPC will showcase its expertise and technical knowhow to execute power sector projects and explore business opportunities at the World Future Energy Summit to be held in Abu Dhabi. India`s largest po
Will India ever be able to achieve the dream of making best use of its demographic dividend? That question becomes relevant again with the release of the
The Campaign for judicial accountability and judicial reforms (CJAR) has written to five senior supreme court judges over alleged misconduct by chief justice of India Dipak Misra. The CJAR has appealed to the judges -- justices J C
BHEL has commissioned a 250 MW thermal power unit in Bihar. The unit has been commissioned at Barauni extension thermal power project of Bihar State Power Generation Company Limited. Located at Barauni in Bihar&r
A natural gas pipeline of GAIL (India) Limited was recently damaged due to unauthorised digging work at Vadodara, leading to gas leakage. GAIL said that the leakage was quickly stopped and there were no casualties or damage to the property.
IndianOil Corporation (IndianOil) has inked agreements with Phinergy, an Israeli start-up company, and YEDA, a technology spinoff company from Weizmann Research Institute, Israel. The agreement enables IndianOil
The bullet train, the big-ticket headline-grabbing project now firmly under way, includes an engineering marvel: the country’s first undersea rail tunnel. It will come up just north of Mumbai, near Thane Creek.
The union cabinet has approved setting up of a National Nutrition Mission (NNM) with a three-year budget of Rs 9,046.17 crore commencing from 2017-18, states a press release of December 1, 2017. From the limited information available in the publ
Since English philosopher John Stuart Mill coined the phrase, “tyranny of public opinion”, it is more often used as a fig leaf for those whose last resort is politics. That might be understandable for polit
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
