India Post has launched pilot operations of its payments bank – India Post Payments Bank (IPPB) – in Raipur, Chhattisgarh and Ranchi, Jharkhand on Monday. There are over 1,54,882 post offices across India, of which 1,39,
Elections to the Brihan Mumbai Municipal Corporation (BMC), which is the country’s richest civic body, will be held in February and political observers are expecting a split verdict. The reason: A split between the Shiv Sena and the Bharatiy
Universal basic income transfers for the poor are likely to be introduced only on a pilot basis but low-cost housing could get a bigger boost, said HDFC bank in its budget expectations. The budget will be presented
Out of the 1,145 candidates who are in the fray in Punjab assembly election, 100 candidates (9%) have declared criminal cases against them, showed an analysis carried out by Punjab Election Watch and Association for Democratic Reforms (ADR).
In a first, oil and natural gas corporation (ONGC) has become the first public sector enterprise to introduce a unique portal on gender sensitisation to impart training on prevention of sexual harassment (PoSH) at workplace. The po
The rural development department has been given a target to complete 33 lakh houses in 2016-17, which include houses that were taken up under the Indira AwaasYojana (IAY) and were incomplete on April 1, 2016, s
The tickets of online lotteries were sold till the last moment before the draw. No sales report was generated before the draw, said the CAG in a report on the Mizoram state lotteries. The Comptroller and Auditor General (CAG) report
At a time when we are thrilled at the thought of the arrival of hyperloop transportation technology enabling high-speed travel inside a partially vacuum tube and introduction of the bullet trains, our conventional trains and the passenger safety a
The NHRC, however, has steadily become more busy. From 496 complaints it received in 1993-94, in 2015-16, the commission registered more than one lakh cases of civil, political, economic, social and cultural rights. The moot question is whether th
The Reserve Bank of India’s Industrial Outlook Survey has indicated a decline in business sentiments. This round of the survey was conducted during October-December 2016. The survey elicited response from 1,221 manufacturing c
The National Commission of Women (NCW) has issued notice to the Janata Dal (United) leader Sharad Yadav for his explicit remark on women. While addressing a public gathering in Patna on January 24, Yadav reportedly said, “Hon
A universal rail mill (URM) built at a cost of Rs 1,200 crore at steel authority of India ltd’s (SAIL) Bhilai steel plant has been unveiled recently. The commencement of the new facility has enabled SAIL- a Maharatna PSU to begin comm
While none of the political parties have so far volunteered detailed information about how they coped with the demonetisation-remonetisation drive, the audit reports for the financial year 2015-16 that some of them have submitted to the Election C
The centre has approved the proposal to transfer 11.35 acres of land to airports authority of India (AAI) by way of exchanging equivalent land of AAI with Bihar government to expand the Patna airport. The Bihar government has also a
Fitch Ratings expects property sales in India to fall by at least 20%-30 percent in 2017, owing to disruption caused by demonetisation and general caution on the part of buyers. Homebuilders already have high levels of unsold inventory and a
The outlook for gold monetisation is interesting. The flaws associated with the first gold monetisation scheme – most significantly the minimum deposit size – are not present in the latest iteration and there are certain structural d
When did I celebrate Republic day last time? I am thinking about it while negotiating my way through a pin bend curve and the next one created by iron barricades that the police had put up on an east Delhi road. Three of them look at me, mer
In order to promote solar energy initiatives, rural electrification corporation ltd (REC)- a Navratna PSU has extended a financial aid of Rs 14.2 crore to Indian Institute of Management, Tiruchirappalli in Tamil Nadu for installation of 2 MW solar
The growing consumption of diesel has been a matter of concern for the Indian Railways. Not only does its emission cause environmental damage, buying diesel involves huge foreign exchange outflows. To tackle these problems, the railway
“As president of the Akademi, I may tell you quite frankly I would not like the prime minister to interfere with my work.” – Jawaharlal Nehru, first president, Sahitya Akademi Nehru had made it clea
