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
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
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
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 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
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
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
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
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.
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
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
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
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
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
The MMTC is one of Asia’s 1,000 largest companies and has been ranked 28th among leading general trading companies in the continent. But the company has shown that its social commitment is strong and alive to the issues confronting India.
Prime minister Narendra Modi’s unique ways of leadership and governance has caught fancy of many people, but now a scholar is doing a PhD on this theme – making it probably the first such study. Sunil Bhatt, a farmer&rsq
The Maharashtra cabinet on Monday decided to relax rules for promoting investment in the state. It gave investors virtually one ticket for industrial licence. Accordingly, those who have availed permission from the MIDC (Maharashtra Industrial Dev
Haryana become the second state after Rajasthan to fix educational and other qualifications for the candidates contesting panchayat elections. The state Assembly on Monday passed a bill, fixing the minimum educational qualification for elections t
To discuss conversion of global crisis into an opportunity for India and regain investors confidence in stock market, prime minister Narendra Modi is holding a meeting of top businessmen and bankers today. This is Modi`s second high-level interact
