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Evening digest: Bulls take charge; Sensex ends 564 points up

The market closed near its one-month high. The domestic market rallied for the fourth consecutive day on Monday, taking positive cues from other Asian and European markets. The mood across Dalal Street was buoyant throughout the day, as weak US jo

India goes for project fast tracking pact with Germany

India and Germany inked 18 memorandum of understanding (MoUs) for cooperation in various fields including higher education, civil aviation, railways and food safety and signed an agreement, first of its kind, to fast-track business approvals. This

NTPC pays Rs. 2,061.37 cr dividend for FY 2014-15

In a dividend payment that is fifth highest among all the public sector undertakings, NTPC Limited has paid a total dividend of Rs. 2,061.37 crore for the financial year 2014-15. This amounts to 25% of its paid-up capital. This is the 22st consecu

Airports authority staff join e-revolution

The Airports Authority of India (AAI), a miniratna (category-I) public Sector Enterprise entered in to an agreement with NIIT on 29.09.2015 to impart MS Office and computer fundamental training to its employees. The agreement was si

Innovator Biswas is new R&D director at BHEL

Subrata Biswas, 56, has assumed charge as director (engineering, research & development) of the Maharatna Public Sector engineering and manufacturing enterprise. This is a board-level appointment at Bharat Heavy Electricals Limited (BHEL).

Bihar needs to cast out its past and go for development agenda

Should caste make sense when development brings a generation of changes? Is Lalu Prasad Yadav relevant in Bihar? Bihar may not change overnight but it can make an attempt in this assembly elections. The state did try to make a break

Poor are getting richer, extreme poverty in world falls below 10%

Due to sustained policy interventions the world may see end of poverty in next 15 years as the number of people in extreme poverty is now less than 10% and this has happened for the first time. The bank attributed the continued fall in poverty to

Bihar Polls: 30 percent candidates have criminal background, 25 percent are crorepatis

In the run up to the Bihar elections, independent organisations – Bihar Election Watch and Association for Democratic Reforms (ADR) – have analysed the self-sworn affidavits of all 583 candidates contesting in the first phase of the

How India responded to the influx of 10 million refugees

At a time when Europe is inundated by the refugees escaping violence and wars in Syria, Libya and other Middle East countries, the world could, perhaps, learn a lesson or two from India’s experience of handling a 10 million refugee crisis on

Morning briefing: Modi holds talks with German chancellor today

Prime minister Narendra Modi and German Chancellor Angela Merkel will hold wide-ranging talks today (Monday) in Delhi to significantly scale up bilateral relations in an array of key sectors with special focus on boosting trade, security and defen

Dadri villagers chase away Kejriwal and media

Delhi chief minister Arvind Kejriwal was stopped from entering Bisara village near Dadri town of Uttar Pradesh by local residents on Saturday. The residents have also banned the media from entering the village, where a Muslim man 50-year-old Moham

Morning briefing: Transport stir hits supply, govt declines to remove toll

Demanding scrapping of the present toll system, the All India Motor Transport Congress (AIMTC) continued its nationwide strike for the second consecutive day on Friday, disrupting the supply of goods to various parts of the country. While the supp

Evening digest: More banks join in rate cut race

Allahabad Bank, SBBJ, Yes Bank and Kotak Mahindra Bank cut base rate Two public and two private sector lenders -- Allahabad Bank, SBBJ, Yes Bank and Kotak Mahindra Bank -- today announced a cut in base rate by up to 0.25 pe

Delhi ACB probe into complaint of govt ads being given to Sisodia’s kin

Delhi’s anti corruption branch (ACB) is conducting a probe into complaints that Delhi Deputy Chief Minister Manish Sisodia`s relatives were given contracts of the government advertisements.  Joint Commissioner of Police M

BJP’s vision for Bihar is a charter of development

Ahead of prime minister Narendra Modi’s election meeting in Bihar tomorrow, the Bhartiya Janata Party (BJP) today released its vision document for the Bihar assembly elections. Finance minister Arun Jaitley, who released the v

Gandhi’s word, now in authentic master copy

The Collected Works of Mahatma Gandhi (CWMG), a 100-volume record of Gandhi’s speeches, letters, editorials, and other writings compiled painstakingly over 38 years, is now made future-proof, with the launch of the authentic electronic maste

CSR is vital for inclusive growth of India

According to a conservative estimate, every year $ 4.5 billion or Rs 25,000 crore is available from the corporate social responsibility (CSR) kitty and its proper utilization is going to change India. This was the sense arrived at the ‘CSR f

Corporate houses told to spend CSR funds for disabled welfare

Union minister of state for social justice and empowerment Krishan Pal Gurjar said that nearly Rs 18,000 crore is available under corporate social responsibility (CSR) provision of the companies Act but “not even one percent is being spent b

Maggi noodles is being singled out, Nestle tells court

Nestle India has told the national consumer court that it did not want any further tests of Maggi as the high court was hearing the case against the ban its noodles. Hearing the arguments, the consumer court on Wednesday directed th

Drought surcharge imposed in Maharashtra to mop up funds for farmers

The Maharashtra government has introduced a `drought surcharge` on a host of items ranging from fuel and liquor to cigarettes and jewellery to raise Rs 1,600 crore. The new taxes came into effect from Wednesday midnight. The state h

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