Rural Electrification Corporation Limited (REC) and Power Finance Corporation Limited (PFC) did not conduct appropriate due diligence during credit appraisal in power generation projects and in the process assumed higher risks on the loan accoun
Prime minister Narendra Modi described as “historic” the supreme court judgment that struck down triple talaq for a period of six months. “Judgment of the Hon`ble SC on Triple Talaq is historic. I
The political scenario in Tamil Nadu has once again changed following the merger of the two AIADMK factions. City-based observers think that isolating TTV Dinakaran and Sasikala faction is good not only for the party but for the state too.  
Headline: Who tweeted what on #TripleTalaq Intro: `Shocking that it was 3:2, It should have been 5:0` Abolishing
Hindustan Petroleum Corporation Limited (HPCL) registered profit after tax of Rs 925 crore during the quarter first of April to June 2017. Revenues for the quarter were Rs 59,891 crore against the previous year’s quarter firs
Defence ministry`s mini ratna category- 1 enterprise, BEML Limited, has clocked a turnover of Rs 632 crore in quarter one (Q1) of current fiscal (April - June 2017) compared to previous year Q1 of Rs 346 crore, up by 83 percent. Th
The fourth and final instalment of One Rank One Pension (OROP) is due for payment from August, union defence minister Arun Jaitley said. The government had issued orders for implementation of One Rank One Pension (
The supreme court on Tuesday struck down triple talaq for six months and asked the government to come out with a legislation on it, a verdict that is going to impact over 180 million Muslims in the country. The ape
In order to resolve a tax-dispute between Indian Oil Corporation Limited (IOCL) and government of Odisha, a meeting was held between minister of state (I/C) for petroleum & natural gas Dharmendra Pradhan and Odisha chief minister Naveen
Steel Authority of India Ltd. (SAIL) chairman, PK Singh, during his recent visit to SAIL’s Rourkela Steel Plant (RSP), laid emphasis on product differentiation and said the enterprise has to match the best in quality, variety and stand
Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by securing export orders from Chile and Estonia. This has helped BHEL to expand and consolidate its footprint in the international market. With maiden or
India uses a mix of two systems in elections. The first-past-the-post system is used in the elections to the Lok Sabha as well as the state assemblies, while proportional representation is used during Rajya Sabha and presidential polls.
Martin Shkreli, a former hedge fund manager who is infamous for overnight spiking up the price of a lifesaving drug by 5,000 percent, was convicted on three counts of fraud in an American federal court on August 4. Shkreli is now staring at an i
The Comptroller and Auditor General (CAG) has noticed irregularities in the way the income tax department (ITD) carried out the assessment of Zero Tax Companies. Several companies that were having large profit from
In the sultry May of 2015, union minister of road transport and shipping Nitin Gadkari was meeting officials at Parivahan Bhavan, a stone’s throw from parliament. They were discussing Sagarmala, an initiative that is humungous and hugely amb
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, much
Energy Efficiency Services Limited (EESL), a joint venture company of PSUs of ministry of power, signed an agreement with oil marketing companies (OMCs) of ministry of petroleum and natural gas for distribution of energy efficient appliances und
Union minister for civil aviation, P Ashok Gajapathi Raju inaugurated the upgraded passenger terminal building of Jammu airport. Notably, Jammu airport belongs to the Indian Air Force, and airports authority of Ind
The election commission has become increasingly assertive in the past few months, showing its mettle in times of electoral challenges. Weeks after rooting from EVMs and just days after the poll panel declared votes
When Charu Wali Khanna had petitioned the supreme court for striking down Article 35A of the constitution, she had wanted restoration of her right as a native of Kashmir to live there. Little did she know that it would create a storm in political