HSIIDC does away with approval for building plans

 To boost industrial activity in Haryana, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) on Friday announced that the mandatory condition of getting building plans approved for setting up industry has been done away with.

"Giving a major relief to the allottees and industrialist in the estates of HSIIDC, the approval of building plans of ind

Telephone subscribers grew 2.48% in December: TRAI

The number of telephone subscribers in India increased from 1,123.96 million at the end of November 2016 to 1,151.78 million at the end of December 2016 - a monthly growth rate of 2.48 per cent, data released by the Telecom Regulatory Authority of India (TRAI) on Friday said here.

The urban subscription increased from 659.03 million at the end of November 2016 to 683.14 million at the

TRAI floats consultation paper on regulatory principles of tariff assessment

Taking note of the changing dynamics of the telecom industry, the sector regulator on Friday issued a consultation paper to discuss various regulatory principles of tariff assessment.

The Consultation Paper on Regulatory Principles of Tariff Assessment issued by Telecom Regulatory Authority of India (TRAI) sought stakeholders' opinion on various crucial issues like transparency in

India played key role in climate action plan: Suresh Prabhu

Railway Minister Suresh Prabhu on Friday described climate change as a major global issue and pointed out that India played a key role in initiating climate action plan as part of solutions.

"Climate Change is a big threat for the mankind, we can tackle through collaborative efforts," Prabhu told reporters after flagging off the Science Express Climate Action Special train h

Eight Executive Directors appointed in various banks

Eight Executive Directors (EDs) have been appointed in various public sector banks on the recommendations of Banks Board Bureau, reported PTI. Neelam Damodharan and Atanu Kumar Das have been appointed as EDs in Bank of India.

Damodharan is General Manager in Bank of Baroda and Das is GM in Vijaya Bank. K Swaminathan, General Manager in Indian Overseas Bank, has been appointed as ED in

Ranganathan, Mehta appointed Non-Official Director in IOB, PNB

T C A Ranganathan and Sunil Mehta were today appointed as Non-Official Directors in Indian Overseas Bank and Punjab National Bank respectively.

The Appointments Committee of Cabinet has cleared their appointment as Non-Official Director/Non-Executive Chairman in the respective banks for a period of three years, an order issued by Personnel Ministry said. Mehta's appointment is sub

India, Norway discuss strengthening bilateral ties in fishery

Agriculture Minister Radha Mohan Singh met his Norwegian counterpart Jon Georg Dale and discussed further strengthening bilateral ties in fishery sector and cooperation in developing climate smart fishing techniques as also trade in marine products.

“Bilateral cooperation in fisheries between India and Norway has grown and there is ample potential for furthering relationship in

Trai begins operator-assisted test for call drops: Reports

Regulator TRAI has said that it has begun operator-assisted drive test that captures real-time data to monitor the level of call drops and voice quality across multiple cities. As per reports, the operator-assisted tests involves the telecom firms' equipment and costs, with the regulator monitoring and supervising the entire process.

Commenting on the issue, TRAI Chairman RS Sharm

Meity to look after promotion of digital transactions: Reports

As per the new rules, the works relating to promotion of digital transactions will be looked after by Ministry of Electronics and Information Technology (Meity).

As per reports, President Pranab Mukherjee has given nod to change government of India, Allocation of Business Rules, 1961, to delegate work of "Promotion of Digital Transactions including Digital Payments" As per r

Passengers to pay about 15% extra for Antodaya Express

General passengers will have to shell out about 15 per cent more than the existing fare for travelling in Antodaya Express, the fully unreserved superfast service to be launched shortly in dense routes.

Equipped with facilities like water purifiers, mobile phone charging points and fire extinguishers among others, the first Antodaya Express is slated to be pressed into service from Mu

Tourism & education could be new areas for investment: Arun Jaitley

Union Finance Minister Arun Jaitley today said Jharkhand has a stable government and tourism and education could be the areas for new investments in the state.

He said it was natural that investment would come in traditional areas but investments in new sectors like tourism and education would also come in Jharkhand. Jaitley, who was here as chief guest for the inaugural ceremony of G

`Chardham` highway project to be completed by 2018: Minister

The Indian Government has said that Rs 12,000 crore 'Chardham' highway project in Uttarakhand will be completed by the end of 2018 irrespective of which party comes to power in the state. Commenting on the issue, Union minister Nitin Gadkari told the media, "This (Chardham project) is a promise made to the people of Uttarakhand.

Prime Minister Narendra Modi has initiated

Government plans to auction 30 mines in Jharkhand: Minister

The Indian Government has said that it plans to auction 30 mines in Jharkhand and the process is likely to start this fiscal. Commenting on the issue, Coal and Mines Minister Piyush Goyal told the media, "This year itself, we are hoping to auction at least 30 new mines in Jharkhand.

It will be in bauxite, gold, diamond, emeralds and iron ore." “Jharkhand can promote lo

Stent price cut will boost innovation: Healthcare expert

Welcoming the Centre's decision to slash prices of coronary stents by up to 400 per cent, the Asian Heart Institute said the move will boost innovation in the indigenous industry, reported PTI. "Affordable healthcare has been the bane of the robust democracy that we are.

Hence, my first instinct is to welcome this move. This move brings a major relief to lakhs of cardiac pati

56% merchants still do not accept digital payments: Survey

 As much as 56 per cent of the merchants still do not accept digital payments because of the risks and cost of handling cash along with a fear of income loss after adopting digital payment solutions, a new survey has said.

"More than half -- 56 per cent -- of the surveyed merchants still do not accept digital payments. Fear of an income loss can be a key determinant for

Philippines move to cut mining to save ecology angers industry

Mining companies in the Philippines accused the government on Thursday of wanting to kill the industry after it unveiled plans to cancel 75 mining contracts and ordered the closure of 23 mines, a media report said.

The step would be taken across the country as the mines were having a negative impact on the environment, Efe news reported.

On Tuesday, the country's Environ

Municipalities having surplus can issue bonds: Sebi

To boost the market for municipal bonds, regulator Sebi has allowed municipalities having a surplus in their books in any of the three preceding financial years to issue such securities. The move comes after Sebi's board last month approved changes to the relevant regulations in order to provide a criteria that is alternative to 'net worth' of municipalities.

The decision

Chirag Galundia Ex-Snapdeal Executive joins Regrob.com

Chirag Galundia, ex-Snapdeal executive has joined real estate brokerage startup regrob.com, which has 18 branches pan India. Real estate brokerage is big business in India with a market size of more than USD 12 billion and more than 20 lacs real estate brokers are working in this sector. However, the services required by new age consumers leaves a lot to be desired in this space.


Government launches free sim cards at airports for foreign tourists

Union Tourism Minister Mahesh Sharma has launched pre-loaded SIM cards for tourists arriving in India on e-visa. These SIMs, which will be provided by Bharat Sanchar Nigam Limited, will have Rs 50 talk time and 50 Mb internet data at free of cost. "It will facilitate the foreign tourists in communicating with their acquaintances immediately after they land in India," Sharma said. &quo

Cabinet approves India-Rwanda Air Services Agreement

The Government has approved signing of an Air Services Agreement (ASA) between India and Rwanda to allow the airlines of the two countries to operate services in each other's territory. Rwanda national carrier RwandAir has already announced its plans to launch its air services to India from the next fiscal with four flights per week to Mumbai.

The Union Cabinet, which met here und

Trai sets up committee to identify obsolete regulations: Reports

Telecom regulator Trai has said that it has set up a joint committee consisting of industry representatives to examine and identify regulations and tariff orders that are out of sync with times. Commenting on the issue, Trai Chairman R S Sharma told the media, "We have formed a joint committee with industry representatives, which will identify regulations and tariff orders that have become

There is high potential for air travel growth in India: Boeing

Global aerospace major Boeing has said that it saw a high potential for air travel growth in India during 2017. Commenting on the issue, Dinesh Keskar, Senior Vice President, Asia Pacific and India Sales, Boeing Commercial Airplanes told the media, "The major factors we watch - the exchange rate, fuel price and the profitability of the airlines - are all still favourable and we remain conf

Health Ministry sets tough goals to bring down IMR, MMR: Reports

The Union Health Ministry has said that it has set itself tough targets to bring further down Infant Mortality and Maternal Maternity rates, the pace of reduction of which is already faster than the global rate. Commenting on the issue, Union Health Minister J P Nadda told the media, “For the first time, the ministry has made tackling diseases like kalazar, measles and others "target

India, Nepal to build new cross border power lines: Reports

The Indian Government has said that in view of the various power projects being developed in Nepal, India and the Himalayan nation have agreed to lay down new cross-border transmission lines.

As per reports, in this regard, laying of new Butwal (Nepal)-Gorakhpur (India) and Lumki (Nepal)-Bareilly (India) transmission lines and setting up of new 400kV sub-stations at Dhalkebar, Butwal

India`s iron ore output likely at 185 MT in 2021: BMI Research

India's iron ore output is projected to grow 185 million tonnes (MT) in the next four years, a Fitch Group arm research said as per the PTI report. "We forecast India's iron ore output to grow from 136 MT in 2017 to 185 MT in 2021," BMI Research, a unit of Fitch Group said in its outlook. Bullish on India, it said the trend represents an average annual growth of 6.9 per cent d