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Morning briefing: Ex-servicemen ready for OROP revision once in two years

The agitating ex-servicemen and the government appeared to have ironed out some major differences over the contentious issue of One Rank One Pension with the defence veterans saying on Wednesday night that they may accept revision of pension once

Evening digest: Last date for filing IT return extended to September 7

The government on Wednesday extended the last date for filing income tax return by a week to September 7. Due date for filing Income Tax return extended till 7th Sep, 2015, the finance ministry said in a tweet. The earlier date was August 31. Earl

Green signals for auction of 69 oil and gas fields

The government has decided to simplify oil and gas exploration rules and also offering to auction 69 small and marginal oil and gas fields that will come with full marketing and pricing freedom. The fields hold 89 million tonne of o

State-run PSUs` telephone subscriber base comes down

The total telephone subscriber base in the country rose marginally to reach 1.007 billion at the end of June. However, “the private access service providers held 91.7 per cent market share of the wireless subscribers whereas BSNL and MTNL, t

NTPC may buy Sarni thermal power station in MP

TPC is examining whether to acquire the Sarni thermal power station of a state government company, in Madhya Pradesh`s Betul district. NTPC sources said `due-diligence` is on. According to a report published in Business Standarad, a

Atul Sobti to be BHEL`s next CMD

Flagship public sector undertaking Bharat Heavy Electricals Ltd (BHEL) will have Atul Sobti as its next chairman and managing director. He will take charge on or after January 1. "Government has approved the appointment of Atul

African safari: ONGC, partners to invest $24 bn in Mozambique gas field

Oil and Natural Gas Corp (ONGC) and its partners will invest about $24 billion in producing natural gas from a giant field off Mozambique and converting it into liquid fuel (LNG) for export. ONGC Videsh Ltd, the overseas investment

Suresh Prabhu gets funds for railways expansion

The railways have finally identified the projects that will be funded by the Rs 1.5-lakh-crore loan that Life Insurance Corporation (LIC) has extended to the cash-strapped organization for the next five years. Railway officials clai

Naidu makes case for special status, seeks centre’s support for AP

Andhra Pradesh chief minister N Chandrababu Naidu has said that the state is eminently qualified for Special Category Status (SCS) by virtue of unviable nature of the state finances, and also because of economic and infrastructure backwardness.

Acute water shortage hits Marathwada, CM takes stock of monsoon failure

With many parts of Maharashtra witnessing drought like situation, chief minister Devendra Fadnavis embarked on tour of affected areas of Marathwada. He also visited Ahmednagar and Solapur districts yesterday. Rainfall deficiency in

Labour unions make a statement, transport & banks hit by strike

This was one of the biggest labour strike India has witnessed in the recent times. Wednesday’s strike by nearly 15 crore workers from 10 trade unions was peaceful except for few sporadic incidents of minor violence in West Bengal.

Morning briefing: 15 crore workers on strike today; banking, transport hit

Today is Bharat bandh. About 15 crore workers are on a strike all over the country, imapcting services like banking and public transport in many parts of  India. Ten major trade unions have called the one-day shutdown in protest against labou

Evening digest: Common model card for use in metros and transport systems

The ministry of urban development has launched a Smart National Common Mobility Card (NCMC) model to enable seamless travel by different metros and other transportation systems across the country besides being used for shopping as well. Urban deve

For $300 million Pak tells lies on Haqqani terror group

The US has stopped short of calling Pakistan a liar. Exposing Pakistani links with terror groups the US said the threat from terror groups, particularly Haqqani network, continues to emanate from Pakistan. Pakistani national securit

First lesson on challenges of social media

It was a caution and solicited advice for all of us- the aspiring journalists. Two years down the line and I realise that social media has grave perils and can tarnish the credibility and reputation of not just journalists, public figures and inte

Law panel wants abolition of death penalty with exception in terror cases

The law commission of India has recommended that the death penalty be abolished for all crimes other than terrorism-related offences and waging war against the country.

Muslims caught in vicious circle & need govt push: Ansari

At a time when a murmur of debate over recent census figures on religion picks pace, India’s cice president Hamid Ansari demanded "affirmative action" to address problems of identity and security confronting Muslims.

Hurriyat: a pack of jokers or anchors of Kashmir’s peace?

The 1987 assembly elections had dashed hopes of many Kashmiri leaders, who were traditionally not reconciled to Kashmir’s accession, to board the mainstream political bandwagon. Tired of being on the edges of the political arena, a motley gr

Morning briefing: Oil prices drop by 3%, India cuts fuel prices

Oil prices fell nearly by 3% in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than 8% in the previous session. Both Brent and US crude prices dropped nearly $2 a barrel shor

Split trade union movement to hold nationwide strike on September 2

The central trade unions today resolved to stay on course and hold nationwide strike on September 2 despite being ditched by BJP affiliated Bharatiya Mazdoor Sangh (BMS).   The strike is against the anti-worker polic

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