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PM to inaugurate new airport terminal in Chandigarh

Prime minister Narendra Modi will inaugurate a new terminal at the Chandigarh airport on Friday. The terminal building has been constructed at a cost of Rs 939 crores. It has been designed keeping in mind the growing

Meat ban spreads: After Mumbai, Rajasthan says no and J&K court bans beef

India is witnessing food politics. When more than 30% of the population cannot afford one full meal a day, communities are out to ban food items. Amid the controversy in Mumbai over the meat ban during a Jain festival, the Rajasthan

Indian railways to benefit from Japanese tech solutions

Japan has shown interest in railway station development and a official team will come to India to identify opportunities. This is the immediate outcome of railway minister Suresh Prabhu’s visit to Japan. He had led a high-leve

Evening digest: El Nino weather pattern to continue into winter, crops to be hit

Japan`s weather bureau said on Thursday that an El Nino weather pattern was continuing and reiterated there was a strong possibility it would stretch into winter. The El Nino - a warming of sea-surface temperatures in the Pacific - can trigger dro

Jaya praises PM at hugely successful investor meet of TN

"The Global Investors Meet had targeted investment commitments of Rs 1 lakh crore, which has already been exceeded. I am very confident that further commitments would be made over these two days," Tamil Nadu chief minister J Jayalalithaa

DEFTRONICS 2015 makes a strong pich for Make in India and research

There is vast scope in research and development (R&D) and Make in India campaign provides best platform to lauch it. This was highlighted in a study paper released at DEFTRONICS 2015, an initiative from India Electronics and Semiconductor Asso

Morning briefing: Indirect tax mopup surges 36.7% in August to Rs 54,396 crore

Indirect tax collection maintained its bumper pace in August, supporting the view that the economy can do better than the below expectation 7 per cent growth recorded in the first quarter of the current fiscal. Last month`s indirect tax collection

Evening digest: No extended monsoon session, GST may be delayed

The government has finally given up its agenda to pass GST bill. It has decided to request president Pranab Mukherjee to prorogue the monsoon session, which means that there won’t be an extended session to pass the constitutional amendment b

State-owned companies may soon offer stock option

Employee Stock Options (ESOPs) may come into play in public sector enterprises. Instead of cash as part of variable pay, the public sector employees will get ESOPs. The department of disinvestment has suggested to the department of

Power trading corporation turns civic responsible

Power Trading Corporation of India, a PSU, has entered into an agreement with cash-strapped South Delhi Corporation to provide basic civic services in Bhikaji Cama Place in south Delhi. The services will include sweeping and cleanin

Oil companies’ debt down due to loan replacement & fuel reforms

Last three years have been good times for oil PSUs. Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have benefited due to significant reduction in their debt levels in the pa

NALCO makes a clean statement, builds toilets in Odisha and AP

National Aluminium Company Limited (NALCO), the navratna PSU of ministry of mines has completed its target of constructing toilets for schools in three districts of Odisha and Andhra Pradesh. Chairman and managing director TK Chand

Bihar: Trojans at War

Among things that we have learnt from the Greeks and their strategy in the Battle of Troy, is to win. You need to punch surprises under disguise. In similar way, special packages worth Rs 1.25 lakh crores as announced by Mr Modi, 35 percent reserv

Spectrum sharing okayed, call drops may reduce

From scarcity to plenty through coopeartion to help the consumer. This seems to be philosophy behind the decision of the union cabinet today to approve rules for spectrum trading. This will allow the telecom companies to buy and sell spectrum.

5-phase Bihar polls from Oct 12, code of conduct imposed

Bihar Assembly elections will be held in five phases from October 12. Chief election commissioner Nasim Zaidi announced the election schedule in New Delhi on Wednesday. Other voting dates are October 16, October 20, November 1 and November 5. Coun

Haryana to tweak land act for easy acquisition

With central law being abandoned, the BJP government in Haryana is looking to ease its land acquisition policy. It is proposing changes under which reluctant landowners, whose land is being taken, will be given land of similar value in the same di

Momentum with India as world economies face slow down

India is expected to see ‘firming growth’ while growth is set to slow across a number of the world’s largest economies, including China, the US and the UK, according to leading indicators released yesterday by the Organization fo

Morning briefing: Cabinet may take up proposal for 6% dearness allowance hike today

The union cabinet is likely to consider on Wednesday a proposal to increase dearness allowance to 119 per cent from 113 per cent, which if cleared will potentially benefit over one crore government employees and pensioners. The proposed DA hike wi

Evening digest: Industries tell govt to allow rupee to fall for exports edge

Industry leaders today told the government on the need for greater monetary easing at least to the extent of 75 basis points and that the rupee must be allowed to depreciate to preserve domestic price competitiveness in global trade. At a meeting

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