Central Board Direct Taxes has asked banks to report cash deposits aggregating to Rs 10 lakh or more in a financial year, in one or more accounts (other than a current account and time deposit) of a person. A notification has made it cle
“India is at an exciting but challenging time,” said Viral Acharya who takes over as RBI’s deputy governor on Friday. “As one of the world’s fastest growing economies, India has the massive potential to beco
The triple burden of malnutrition – undernourishment, micronutrient deficiencies and over-nutrition – presents serious challenges and has the potential to worsen. Nearly 800 million people are hungry and, although significant progres
National Payments Corporation of India (NPCI) has asked ICICI bank to open Unified Payments Interface (UPI) transactions for PhonePe app. “Based on a review by NPCI on ICICI Banks’s action to block UPI
The inevitable has happened albeit a tad sooner than expected. US president-elect Donald Trump has clashed with the UN even before he has assumed office promising that “things will be different” after he takes over. The casus belli was
Donald Trump’s unexpected victory in the 2016 presidential elections has unleashed a great deal of soul searching among America’s liberal elite. His victory has been attributed to anger and discontent among those whom Hilary Clinton, i
Oil and Natural Gas Corporation (ONGC) has unveiled a fuel conservation campaign rechristened as Saksham (Sanrakshan Kshamta Mahotsav). Minister of state for petroleum and natural gas, Dharamendra Pradhan inaugurated the month long awareness dri
In addition to restructuring the arbitration setup, there are a few issues that need to be addressed at the policy level, said a Niti Aayog report which added that foremost amongst these is ensuring disposal of proceedings in time and ensuring tha
DDA had no consolidated information/database in respect of land acquired and utilised for various schemes as well as vacant land in hand, said the Comptroller and Auditor General (CAG) in a report. The CAG report o
Rajasthan education minister Vasudev Devnani has said that cows not only inhale oxygen, they also exhale it. He is right. Not content to be armed with this priceless gem, I decided to cross-check it. I looked around and spotted a co
The cabinet committee on economic affairs led by prime minister Narendra Modi has approved alternative mechanism, to take a call on the quantum of disinvestment in a particular central public sector undertaking (CPSE) on a case by case basis sub
The good news first. Across India, enrolment has gone up for all age groups. Now the bad news. The reading level in class VIII has declined. The Annual Status of Education Report (ASER), which is the largest annual household survey
Disputes between communities – or even countries – over the water from shared rivers, forest ecosystems and atmospheric conditions can inflame existing tensions in fragile regions, said a World Economic Forum article. &l
The cabinet committee on economic affairs (CCEA) chaired by prime minister Narendra Modi has approved listing of five state-run general insurance companies. The move is aimed at further accelerating government’s plans to raise money through
Children in the tribal district of Malkangiri in Odisha have been dying in mysterious circumstances since September-end, and medical experts were none the wiser. More than 100 children have died, and initially the local health authorities blamed J
When Jane Katuse, a Nigerian national, arrived in Gurugram to undergo in-vitro fertilisation (IVF) at the Artemis Hospital, she settled into an airy, well-appointed guesthouse. It is in fact a large house, refurbished as 14 comfortable rooms with
The implementing agency for RCS (regional connectivity scheme) UDAN (Ude Desh Ka Aam Nagrik) - Airports Authority of India (AAI) has received 45 initial proposals from 11 bidders covering more than 200 RCS routes. The deadline for submitting ini
The union cabinet on Wednesday approved the repealing of the obsolete and redundant laws. A cabinet meeting chaired by prime minister Narendra Modi has given its approval for introduction of the Repealing and Amending Bill, 2017 to
Corporate sourcing of renewable energy can be a major driver of the transition to a robust, zero-emissions economy, said a report released to coincide with the World Economic Forum Annual Meeting in Davos. The report, by RE100, a gl
“The value of a man was reduced to his immediate identity and nearest possibility. To a vote. To a number. To a thing. Never was a man treated as a mind. As a glorious thing made up of stardust. In very field, in studies, in streets, in
