ECONOMY & NATION


IANS 14 February 2018
The Supreme Court on Tuesday asked the Central government and High Courts of the states to explore the possibility of installation of CCTV cameras in state tribunals and quasi-judicial bodies.   A division bench of Justice A.K. Goel and Justice U.U. Lalit said that as far as the...

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IANS 14 February 2018
The Reserve Bank of India (RBI) has brought out a revised framework for speedy resolution of non-performing assets (NPAs), or bad loans, by harmonising existing guidelines with the norms specified in the Insolvency and Bankruptcy Code (IBC), 2016.   In a notification issued late on...

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IANS 13 February 2018
Five persons died and several others were injured in a blast inside the water ballast of the Oil and Natural Gas Corporation (ONGC) tanker ship Sagar Bhushan at the Cochin Shipyard here in Kerala on Tuesday.   The Cochin Shipyard management has announced a probe by an internal...

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IANS 13 February 2018
The number of people who did not pay or refused to pay the service charge at restaurants has increased, according to a recent survey that revealed a hike in the number to 37 per cent in January from 35 per cent in November.   The survey, conducted by Local Circles -- a social...

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CA Paras Mehra 13 February 2018
On 26 January 2018, the Narendra Modi led government took a giant step in favor of ease of doing business by restructuring company registration process and also by waiving company registration fees. Now, after the reform, the government claims that the company can be registered in one day...

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IANS 13 February 2018
Indias' civil aviation regulator, DGCA has no plans to ground the fleet of A320neo (new engine option) aircraft powered by "PW1100G-JM" engines due to the recurring problems with the engine type.   Asked about the possible grounding of the A320neo aircraft powered by the particular...

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IANS 13 February 2018
As many as 11 out of a total number of 31 Chief Ministers of various states and union territories (UTs) in India have crminal cases against them while 25 of them are crorepatis, an analysis of their self-sworn affidavits furnished during the assembly elections has revelaed.   The...

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Moneylife Digital Team 13 February 2018
As stock prices tumbled, finance secretary, Hasmukh Adhia, joined the ranks of politicians and bureaucrats with a penchant for putting their foot where they shouldn’t. Mr Adhia seemed to rub in the salt with his post-Budget interview when he told a leading newspaper that gains from holding...

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IANS 13 February 2018
As many as 800 technical institutes, including around 80 run by the government, may face closure if they do not find enough students to fill their seats as they have been served notice for poor performance, technical education regulator AICTE said on Monday.   Faced with a large...

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IANS 12 February 2018
India's retail inflation for January has eased down to 5.07 per cent compared to 5.21 per cent in December 2017, according to data released by the Central Statistics Office on Monday.   On a year-on-year (YoY) basis, the CPI inflation last month was 3.17 per cent in January...

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IANS 12 February 2018
The growth of India's factory production slowed in December to 7.1 per cent from a rise of a 8.80 per cent in November and a 2.4 per cent increase in output during the corresponding period of 2016-17.   As per the data released by the Central Statistics Office (CSO) on Monday, the...

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IANS 12 February 2018
Keeping the upcoming panchayat elections in view, West Bengal government is going to upgrade 250 Primary Agricultural Credit Societies (PACS) to banking outlets in the first phase with an objective to facilitate more credit to farmers, an official said on Monday.   According to the...

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IANS 12 February 2018
The Supreme Court on Monday said that no coercive action will be taken against Major Aditya Kumar, accused of allegedly killing three civilians in firing to disperse a stone pelting mob in Shopian district of Kashmir.   Jammu and Kashmir Police registered an FIR against Major Aditya...

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IANS 12 February 2018
Contrary to media reports claiming that now you can transfer money via WhatsApp in India, the digital payment feature in the platform is still in the testing phase and will be officially rolled out to over 200 million Indian users in the days to come.   The feature is currently in...

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IANS 12 February 2018
Sales of domestic passenger cars inched down in January, industry data showed on Monday.   As per the data from the Society of Indian Automobile Manufacturers (SIAM), 184,264 passenger cars were sold in January, down from 186,596 in the corresponding month of 2017.   However,...

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IANS 12 February 2018
Fair trade regulator Competition Commission of India (CCI) has approved the sale of Reliance Infrastructure's (RInfra) Mumbai power business to Adani Transmission Ltd, RInfra announced on Monday.   In a release here, RInfra said it had signed the binding agreement for the sale of its...

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IANS 12 February 2018
The Australian government on Monday began examining the country's banks, insurers, financial services providers and pension funds, among other entities, through a royal commission established specifically for the investigation.   The year-long Royal Commission into Misconduct in the...

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‘Incredible India’ is our celebrated international tourism campaign. A weekend trip to the historical city of Mysuru brought home to us how apt this slogan is, but in a dramatically different way. Every description of Mysuru tells us that tourism is the major industry of this picturesque...

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The big take-away from the Union Budget 2018 was the mega National Health Protection Scheme that is probably aimed at getting Modi sarkar through the 2019 general elections. The programme, dubbed as Modicare, is already claimed to be the largest government-funded healthcare scheme in the...

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Moneylife Digital Team 09 February 2018
Ineffective control systems and lack of trained and experienced manpower are helping frauds and irregularities in banks says Corporation Bank Officers' Organisation (CBOO) in its monthly 'Officers' Voice' magazine. In its editorial, the CBOO says, "Strengthening control systems in the Bank...

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