Supreme court has declared today the national judicial appointments commission act (NJAC Act) meant to replace the two-decade old collegium system of judges appointing judges in higher judiciary as unconstitutional. This means that the collegium s
The supreme court today extended voluntary use of Aadhaar card for bank accounts and schemes like Mahatma Gandhi National Rural Employment Gurantee Act, Jan-Dhan Yojana, provident funds and pensions among other services. The apex court constitutio
It conducts normal operations of a commercial banks, almost. But it does not deal in cash. This is called ‘Anaj bank. It collects food grains from donors and gives it to the needy households. The bank issues passbooks, accepts
India’s premier investigating agency has been taken to task for ‘false and fabricated’ chargesheet and an enquiry has been ordered. A special court in Delhi today discharged a former top bureaucrat and three telecom firms in the
Notwithstanding an uncertain global economic scenario, 75.8 per cent respondents from India have reported a willingness to start a new business in their current economic environment. According to the Global Entrepreneur Indicator -
The Central Bureau of Investigation today sought urgent hearing by the supreme court on its plea challenging Himachal Pradesh high court`s order granting protection against possible arrest and other relief to chief minister Virbhadra Singh and his
The Indian Express newspaper has published a report today that four days before he demitted office as finance secretary, Rajiv Mehrishi, who is now Home Secretary, said the department of revenue had launched a “blatant attempt” to
A government-sponsored programme, which outlines the replacement of incandescent bulbs and CFLs with energy-efficient LED lamps is saving a staggering 68 lakh kilowatts of energy every day. This means a cut in 645 megawatts of power during peak ho
In a staggering comment on the state of affairs in the country, the richest 1% of Indians own 53% of the country’s wealth. According to the latest data on global wealth from Credit Suisse, the richest 5% own 68.6% of the country’s weal
The Cabinet today approved a slew of measures, including a one-time financial assistance for stalled road projects and a cash boost for fertiliser firms. In a boost for infrastructure, the Cabinet gave its nod for one-time fund infusion to revive
NTPC - SAIL Power Company has been provided environment clearance for expansion of its Durgapur captive power plant in West Bengal with an investment of Rs 362 crore. The company is a joint venture between state-owned firms, the cou
The work on the 4,000 MW dedicated power project for Telangana being set up by the National Thermal Power Corporation (NTPC) at Ramagundam in Karimnagar district has gained momentum with tying up of 4.73 TMC ft water per annum from Sripada Yellamp
The state-owned Bharat Heavy Electricals (BHEL) said it has commissioned 2,730 MW of utility power projects in the first six months of 2015-16. "BHEL has once again demonstrated its project execution prowess with the commission
Indian Oil Corporation is planning to spend about $5 billion (nearly Rs 32,500 crore) to expand its exploration and production business. More than half the amount is likely to be earmarked for acquisition of new assets. This is in l
To meet the union budget estimates, all profit-making public-sector undertakings (PSU) have been asked to pay a minimum dividend of 30 per cent of post-tax profit for 2015-16. Earlier, only the upstream oil and gas PSUs were asked to pay 30 per ce
The holy city of Varanasi is getting benefits of corporate social responsibility funds of various public sector undertakings. In order to promote solar power and also to overcome power crisis, Varanasi Municipal Corporation (VMC) ma
India will soon have state-specific data on diseases and how these are affecting the local people. This information will be an important tool with the health ministries to frame health policies and restructure health systems.
Prime minister Narendra Modi has spoken for the first time on the mob killing of a Muslim in Uttar Pradesh`s Dadri over rumours that he had beef in his house."Incidents like Dadri and Ghulam Ali are really sad but what is the role of the Cent
A majority of readers had not heard of Svetlana Alexievich before she won the Nobel prize for literature. In the run-up to the announcement, a betting website had placed her as top favourite and even then little was heard about the investigative j
Growth in wealth creation by the middle class in India is higher than its pace globally, but lags far behind the scorching pace of growth in middle class wealth in China. In India, middle-class wealth has grown 150% since 2000, while globally it h
