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Key features of liberalised Arms rules

The home ministry has liberalised the Arms rules to boost Make in India manufacturing policy. The liberalisation of the Arms rules will encourage investment in the manufacturing of arms and ammunition and weapon systems.

Nalco rolls out mobile app

 A mobile App — Naginaa (NALCO Grahak Information and Networking App for All) -- was unveiled by National Aluminium Company Limited (NALCO).    “Naginaa is a step cmd forward by NALCO to move from c

IOCL clocks net profit of Rs 8,245 crore

 Indian Oil has registered income of Rs 2,38,828 crore for the first half of 2017-18 fiscal as compared to Rs 2,07,458 crore in the corresponding period of the last fiscal.  The enterprise’s net profit for the half year e

Effective implementation of court order on posters needed in TN

 People associated with the poster industry of Tamil Nadu are unsure about the effective implementation of the Madras high court order banning photos or pictures of living persons on posters, hoardings and banners. Tamil Nadu has a

Govt receives dividend from Telecommunications Consultants India

Telecommunications Consultants India Ltd. (TCIL) has paid a dividend of Rs 7.082 crore to the government. TCIL has paid dividend of Rs 1,929.87 million to government till s2016-17 fiscal on the government’s initial investment

Demand for passage of women’s reservation bill

Women’s groups have sought the passage of the women’s reservation bill in the winter session of parliament. According to The National Alliance for Women’s Reservation Bill, a network of more than 1,600 women’s org

Govt to raise Rs 750 crore through disinvestment of NLCIL

Government is planning to raise Rs 750 crores through disinvestment of five percent of paid-up equity shares of NLC India Limited (NLCIL) through offer for sale (OFS) mechanism. The disinvestment of 3 percent equity shares of NLCIL

Food fortification will help tackle India’s hidden hunger

Micronutrient deficiencies, especially Vitamin A and D, are prevalent in India, said a World Bank expert who noted that these deficiencies -- often referred to as ‘hidden hunger’ -- go largely unnoticed and affect large populations.

Cough up penalty for not paying electricity bills on time

The government will soon amend the law making obligations under power purchase agreement (PPA) statutory binding, said union power minister RK Singh. “I have called a meeting of energy ministers of all states on November 10-11

Moving beyond weekend entertainment and global tourism

Two conversations in two different countries with two different people unearthed a fundamental question about leisure and relaxation. I was in Singapore last month and was travelling by train with my software engineer sister from Simei to Tanah Me

J&K projects to be fast tracked

A decision to fast track development projects in Jammu and Kashmir was taken on Thursday during a meeting between chief minister Mehbooba Mufti and union home minister Rajnath Singh. The projects under Prime Minister’s Develop

With GST, a new business culture is developing: Modi

After GST, dozens of different types of indirect taxes in the country have been abolished. Many hidden taxes have also gone away. Now, the consumer knows how much tax he has paid to the state government and how much to the central government. The

Oil PSUs create corpus of Rs 320 crore to support start-ups

 Ten public sector undertakings of ministry of petroleum and natural gas, including IOCL, ONGC, EIL, OIL, NRL, BPCL, HPCL, GAIL and MRPL, have created a corpus of Rs 320 crore to support start-up initiatives.  Since the launch

Bank recapitalisation plan will safeguard economic future: RBI chief

A well-capitalised banking, and in general, financial intermediation, system is a pre-requisite for stable economic growth, said RBI governor Urjit Patel who added that economic history has shown us repeatedly that it is only healthy banks that le

Ripe for a new deal

Wherever you look, the red fruit can be seen growing in large patches. In fact, the red is the green in Rayalseema, the southern part of Andhra Pradesh. But tomato growers here are mostly in a dilemma when it comes to the price it will fetch each

Capital infusion plan good for Indian public sector banks: Moody`s

Moody`s Investors Service says that the Indian government`s (Baa3, Positive) announcement of a Rs 2.1 trillion recapitalization plan for public sector banks is a credit positive for the sector. "The quantum of the plan is large

HAL hands over Sukhoi engine to IAF

 The 50th AL31FP engine, manufactured by HAL’s Koraput-based Sukhoi engine division, has been handed over to the Indian Air Force (IAF) as part of celebrations of 70th year of India-Russia diplomatic relationship. “The A

SAIL told to increase production

 Union steel minister Birender Singh criticised Steel Authority of India (SAIL) officials for tardy progress in critical areas of strategic importance.    The minister told the Maharatna enterprise to ramp up p

Highlights of India’s growth story

Here are the key points regarding India’s macro-economic fundamentals.   India grew at a very strong pace of 7.5% p.a. in the three years of 2014-17 with growth exceeding 8% in 2015-16.  There was a tempor

Gujarat polls in two stages

Gujarat will have two-stage elections for the next assembly, on December 9 and December 14, and the results will be out on December 14, the election commission announced on Tuesday. The first phase will have voting for 89 seats, while the

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