Prabhu flags-off 45 freight terminals, new Kerala passenger train

Railway Minister Suresh Prabhu on Wednesday flagged-off a passenger train for Kerala, along with 45 freight terminals envisaged under 'Mission Hundred' -- an objective as per the 2016-17 Budget.

"Kerala is a state with high population density with not much urban-rural divide, so demand for public transport is high. Providing intercity transport for Kerala is important,&qu

TRAI invites comments on ease of doing business in broadcasting sector

The Telecom Regulatory Authority of India (TRAI) has invited comments from stakeholders on 'ease of doing business' in the broadcasting sector, reported PTI.

The comments, which can be send till May 8, will help in identifying issues related to 'ease of doing business' before going for an elaborate consultation later, the TRAI said in a release.

The telecom r

India's digital payments infra to grow three-fold in 2017: MeitY

The infrastructure of digital payments in India is expected to increase three-fold by the end of 2017 with almost five million electronic point of sale (PoS) machines, the Ministry of Electronics and IT (MeitY) said on Wednesday.

"We expect that by December, the number will actually go up to five million PoS, which means that the infrastructure for digital payments is going to gr

Punjab Cabinet approves e-bidding for sand mining

The Punjab Cabinet today approved fresh mine auctions through progressive e-bidding to boost the state revenue and bring greater transparency into the mining sector. The decision will bring to an end the earlier practice of granting contracts of mines through reverse bidding process, an official spokesperson said.

The decision, taken by the state cabinet under the chairmanship of Chie

Indian Oil, L&T,T NFL win national safety awards for 2016

Indian Oil, National Fertilizers, L&T and Godrej & Boyce are among those that have won the top National Safety Council (NSC) award -- Sarva Shreshtha Suraksha Puraskar -- for 2016. The NSCI Safety Awards will be presented by Labour Minister Bandaru Dattatreya tomorrow, a labour ministry statement said.

According to the statement, Indian Oil's Digboi refinery, National Fert

Textile mills in UP to reopen: Minister

 A dialogue is on between Uttar Pradesh and the central governments to reopen textile mills in the state, Industrial Development Minister Satish Mahana said on Tuesday.

"The state government is alive to the needs and problems of the industrialists and will extend all possible cooperation in activating the closed textiles mills," Mahana told IANS.

He said he Mi

Mallya under UK judicial process, India doing its best: Arun Jaitley

 The Vijay Mallya case has come under the British judicial process and Indian agencies are making their best effort to have him face trial in India, the Centre said on Wednesday.

"The case (Mallya) is now part of the judicial process in that country (UK) and, as such, will function on judicial considerations," Finance Minister Arun Jaitley told reporters here.

Housing sales decline in top 8 cities in January-March

Housing sales fell marginally by 1 per cent in eight major cities to 28,131 units during January-March over the previous quarter, with demand slowly recovering from demonetisation impact, according to a study.

Housing sales stood at 28,472 units during the October- December quarter in eight major cities-- Gurugram, Noida, Mumbai, Kolkata, Hyderabad, Bengaluru, Pune and Chennai-- accor

Indian IT firms may face layoffs due to US visa curbs: Assocham

With the US tightening the norms for H-1B visas under the President Donald Trump's 'Buy American, Hire American' campaign, the Indian IT companies are bound to face disruptions by way of higher costs and even some laying off work force back home, and the rising rupee is aggravating the situation further for the technology export firms, an Assocham paper said here on Wednesday.

Indian nutraceuticals industry to touch US$ 8.5 bn by 2022: Study

Indian nutraceuticals market is expected to cross from a value of US$ 2.8 billion in 2015 to a value of US$ 8.5 billion by 2022, according to the joint study brought out by ASSOCHAM and RNCOS. In 2015, India accounted for a share of around 2% of the global market.

By 2022, this share is anticipated to increase to a value of approximately 3% owing to country's large population base

BN Mohapatra appointed as Railways Financial Commissioner

An IRAS officer of 1980 batch, B N Mohapatra has been appointed as the new Financial Commissioner (FC) of Indian Railways, as per the government release.

The Ministry of Railways said in a release that, B.N. Mohapatra has been appointed as the new Financial Commissioner (FC) (Railways) and ex-officio Secretary to the Government of India and has taken over the charge on 17/04/2017.

Government to hold first B2B event to promote Indian textiles, handicrafts

 The rich legacy of India textiles and handicrafts is set to foray into the global market at an international trade event to be inaugurated by Prime Minister Narendra Modi in June that will showcase products from "Fibre to Fashion".

The Ministry of Textiles held a curtain raiser at the Crafts Museum here on Tuesday to 'Textiles India 2017' - the first global bus

Rs 10 lakh cr Bharatmala project to subsume NHDP: Reports

The Indian Government has said that its ambitious Rs 10 lakh crore umbrella programme for roads, Bharatmala, will subsume the National Highways Development Project (NHDP), implemented by the then Atal Bihari Vajpayee government in 1998.

As per reports, this may be one of the last mega projects of the BJP government before it seeks public mandate in 2019. As per reports, the first phas

Government builds record 8,231 km NHs during 2016-17: Reports

The Indian Government has said that a record 8,231 kilometres of national highways were built during 2016-17. Commenting on the issue, Union Road Transport Minister Nitin Gadkari told the media, “While a record 16,271 kilometres of national highways were awarded and 8,231 kilometres constructed during the last fiscal, work needs to be done at a much faster pace to award more projects and

Flexi-fare in trains to be admissible under the LTC allowance

The Indian Government has said that the dynamic or flexi-fare in Rajdhani and Shatabdi trains will be admissible under the Leave Travel Concession (LTC) allowance. As per reports, the Department of Personnel and Training (DoPT) has issued a directive in this regard to all central government ministries.

The move comes after references were received from various segments seeking clarifi

Railways to impart training on high speed rail tech: Reports

The Indian Railways has said that it has undertaken a massive exercise of imparting training to over 500 railwaymen on high- speed rail technology in China and Japan. As per reports, the Railways has firmed up plans for running trains at higher speed of 160 kmph in the busy trunk routes of Delhi-Howrah and Delhi-Mumbai section to reduce travel time between these metropoles.

Besides, t

Rajasthan signs MOU with HPCL for refinery

An MoU was signed on Tuesday between the Hindustan Petroelum Corporation Ltd (HPCL) and the Rajasthan government to establish a refinery-cum-petrochemical complex in Barmer.

This revised MoU was signed in the presence of Chief Minister Vasundhara Raje and Union Petroleum Minister Dharamendra Pradhan.

Earlier, a MoU was signed with HPCL to establish a refinery-cum-p

Record 8,231 kms of national highways constructed in 2016-17: Nitin Gadkari

Union Road Transport Minister Nitin Gadkari on Tuesday said a record 8,231 kilometres of national highways were built during 2016-17.

He also ordered fast-tracking of awarding and construction of national highway projects to further expedite them.

Gadkari's directions came as he reviewed various projects of National Highway Authority of India (NHAI) here.

Sebi may allow investors to buy mutual fund via digital wallet

Markets regulator Sebi is looking to allow investors to buy mutual funds worth up to Rs 50,000 through digital wallets to make it easier for investors to purchase these instruments, especially by young generation, reported PTI.

The move would help in speedy and easy transactions, while reducing failures due to payment gateway issues. Besides, the Securities and Exchange Board of India

DoT sets limit for mobile content payment by a/c balance, bill

Mobile subscribers cannot pay more than Rs 20,000 in one tranche to buy a service or download content by using their pre-paid account balance or through post-paid bills, the Department of Telecom said as per the PTI report.

"The subscribers can download all paid digital contents through their mobile phones and the payments for such contents can be made using their mobile pre-paid

Sebi launches revamped website with user-friendly features

Expanding its digital presence, markets regulator Sebi today launched its revamped website having several user-friendly features and compatible with all desktop and mobile devices. The revamped website will ensure a better user experience across various devices, including desktop and mobile, Securities and Exchange Board of India (Sebi) said in a statement. The website now also allows visitors

RBI opens new ombudsman office at Jammu

The Reserve bank of India has opened a new office at Jammu to look into the grievances of residents and entities in Jammu and Kashmir. “Considering the significant increase in banking network during the recent past and the large jurisdiction being covered by the current Office of the Banking Ombudsman, New Delhi-I, the Reserve Bank has set up an Office of the Banking Ombudsman for the Sta

Government allays concerns over mobile tower radiation

Telecom Minister Manoj Sinha sought to allay concerns over radiation emitted from mobile towers, saying studies so far have not revealed any health hazards, reported PTI. The comments come in the wake of a Supreme Court order directing the deactivation of a BSNL tower in Gwalior on the plea of a 42-year-old cancer patient.

"This is not the final order and it needs to be seen in t

Michelin brings Scorcher tyre range for Harley bikes to India

Tyre major Michelin launched its co-branded Scorcher tyre range for Harley Davidson bikes in the Indian replacement market, reported PTI. The six Scorcher range tyres would be sold across the country through all Michelin authorised dealers in addition to the Harley Davidson network in India, Michelin said in a statement.

The Michelin Scorcher 11 and the Michelin Scorcher 31 are fitted

E-tailers not making much progress in India: Adi Godrej

E-tailers and modern retail have not made much progress in India, says veteran industrialist Adi B Godrej, who finds 'Kirana' merchants to be efficient, particularly in the fast moving consumer goods (FMCG) space, reported PTI. "They (e-tailers in India) are not making much progress, even modern retail in India is not making much progress," the Chairman of the Godrej Group tol