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The Indian Railways have adjudicated to step-up the limit for online bookings per day from 3.5 lakhs to about 5 lakhs in the next four months and later to 8 lakhs. Both IRCTC and CRIS along with Railways IT wing are working jointly in this direction. This has been done in view of enhanced demand ..
1600-km long India’s Western Ghats mountain chain, which possesses forests older than the Himalaya Mountains, has been added to list of world heritage sites by the UN. UNESCO held that the Western Ghats mountain chain is discerned as one of the world’s 8 hottest hotspots of biological diversity. The World Heritage Committee meets once a ..
Working in the direction of making the process of disinvestment hassle free, capital market regulator SEBI fine-tuned norms governing Offer For Sale (OFS) & Institutional Placement Programme (IPP). IPP and OFS are the two new share sale tools initiated by the regulator in January, 2012 primarily to assist the corporate enhance their public float. According ..
The government reconstituted the National Advisory Council (NAC) headed by Mrs. Sonia Gandhi It inducted Mihir Shah, Member, Planning Commission, and Ashish Mondal, founder of the Bhopal-based NGO, Action for Social Advancement. The renominated members are: N C Saxena Narendra Jadhav Pramod Tandon Aruna Roy A K Shiva Kumar Deep Joshi Anu Aga Farah Naqvi ..
NE states of the country will be given Rs100 crore for supporting rice cultivation under the National Food Security Mission (NFSM). All the 8 north-eastern States, including Sikkim, are being covered under NFSM-rice. Till 2011, only Assam was covered under NFSM-Rice. The programme will also aid in attaining Self-Sufficiency in Rice Production. Under NFSM-Rice, States ..
The Planning Commission approved an Annual Plan outlay of Rs 28,000 crore for Bihar for the current fiscal. The plan was finalized at a meeting in New Delhi between the Commission’s Deputy Chairman Montek Singh Ahluwalia and Bihar Chief Minister Nitish Kumar. According to Planning Commission Bihar is rapidly catching up with other developed states.
FM Pranab Mukherjee submitted his resignation to Prime Minister Dr. Manmohan Singh. Mukherjee, the UPA candidate for the Prez polls enjoys the support of the SP, the BSP, the JDU, the Shiv Sena, the CPI(M), Forward Block and some other parties. Mr Pranab Mukherjee will file nomination papers for the Presidential election on June 28, ..
With Market regulator, Securities and Exchange Board of India (SEBI) decision to make it mandatory for the top 500 listed companies to provide e-voting, it will be easier for shareholders to participate in key decisions without being physically present at the meetings. As per the SEBI: This step is along the lines of the budget ..