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Steps have been taken to tackle black money: Amitabh Kant

The government has initiated numerous steps to combat the scourge of corruption and black money in the last two and a half years, said NITI Aayog CEO Amitabh Kant on Thursday. Addressing a press conference, Kant said that there has

Demonetisation to have credit implications: Moody’s

The unprecedented move to demonetise “will have short- and medium-term credit implications for every sector of the economy”, said Moody’s Investors Service. The latest edition of Moody’s Inside India

Three PSUs likely to file draft red herring prospectus

 Cochin Shipyard, Hudco and Hindustan Aeronautics are likely to file draft red herring prospectus within a week with market regulator Sebi for their initial public offering (IPOs).   The government aims to raise abo

NTPC to replace its old plants

 The nation has embarked on a mission to reduce India’s carbon footprint by phasing out all inefficient thermal power plants, older than 25 years, with modern energy efficient super critical ones, said union power minister Piyush Goyal

The lost youth of Arab states

The UN has produced its first analysis of the socio-economic indicators in the Arab region since the 2011 uprisings. The results are not all heartening. The report titled ‘Arab Human Development Report (AHDR) 2016: Youth and the Prospects fo

If country is unable to provide jobs, there will be unrest: Mukherjee

President Pranab Mukherjee on Wednesday said that India, with the second largest population in the world, will face a major challenge in the coming years. Half of its population will be below 25 years of age and the young workforce

Demonetisation: Revised income tax returns may be scrutinised

If you are planning to file a revised income tax return following demonetisation, then be warned. The income tax department will be looking out for manipulation or fudging and such cases may be taken up for scrutiny. The income tax

Blank will

In death as in life, Tamil Nadu’s enigmatic chief minister J Jayalalithaa retained her mystique. When she fell dangerously ill, people did not know – and were not told – what she was suffering from. When she was buried, people wo

Demonetisation will dampen growth: ADB

India’s surprise demonetisation of Rs 500 and Rs 1,000 banknotes will likely dampen growth this year, but South Asia remains the region’s fastest-growing sub-region, said the Asian Development Bank in a supplement to its Asian Developm

Policy initiatives taken to enhance oil and gas production

 The government has taken several policy initiatives as well as administrative measures to enhance production of oil and gas in the country to meet domestic demand, minister of state (I/C) for petroleum and natural gas Dharmendra Pradhan info

NTPC to produce coal for its plants

 National Thermal Power Corporation Limited (NTPC), country’s largest state-owned power generating company, is all set to commence coal mining. It has successfully exposed a seam in its first coal mine, Pakri Barwadih located

Posts of directors, CMDs lie vacant in CPSEs

 As many as 13 board-level posts in various Central Public Sector Enterprises (CPSEs) are lying vacant since May, 2014, minister of state for heavy industries and public enterprises Babul Supriyo said in a written reply to a question in the R

No plan to delist sick CPSEs

 The department of public enterprises, ministry of heavy industries and public enterprises has clarified that it has not issued any guidelines regarding the delisting of loss-making and sick Central Public Sector Enterprises (CPSEs), union mi

Varanasi, Allahabad had `zero` good air quality days last year: Report

 Varanasi and Allahabad had ‘zero’ good air quality days last year, said a report launched at an air quality workshop, ‘Lifting the Smog’.  The report by Centre for Environment and Energy Development (CE

Mumbai chopper crash report within a week

 A two member team from the Aircraft Accident Investigation Bureau is conducting an investigation into a helicopter crash in Mumbai. A senior official of the Directorate General of Civil Aviation (DGCA) told Governance Now that the results wi

Amend human rights Act to make NHRC effective: Sathasivam

 Kerala Governor P. Sathasivam, who is a former chief justice of India, has suggested that an amendment in the Protection of Human Rights (PHR) Act will make National Human Rights Commission (NHRC) more effective. “Commission

Don’t think black money can be completely stopped: Former top IT official

Do you think demonetization will help weed out black money? It is too early to say. Only when the final results are in by December 31, we will know if black money has been weeded out or not. Besides the figures too are i

A device that will help train drivers see through the fog

 After getting promising results of the trials of TRI-NETRA system, the railways plans to install the device in loco engines to ensure timely operations of trains during foggy weather. TRI-NETRA is a system comprising of three image

SAIL’s net loss declines to Rs 730 cr

Country’s largest steelmaker-- Steel Authority of India Limited (SAIL) on Thursday claimed of registering slump in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a strong marketing push and cost optimisa

National Rail Plan, 2030 unveiled

 The ministry of railways has come up with National Rail Plan, 2030 to provide long term perspective to plan for augmenting the railway network. In order to give a platform to concerned stakeholders to have their suggestions on mode

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