Large hydro projects get ‘renewable energy’ status
The government has introduced a slew of measures for the hydropower sector. The measures come at the time when the share of hydro-power in the total capacity in India has …
Read MoreEconomy
Philip Morris flouted FDI rules in cigarettes
Philip Morris,the world’s largest tobacco company based in Japan has been found circumventing a nine-year-old government ban on foreign direct investment in the tobacco industry, In a bid to curb …
Read MoreI-T to assess 80k big cash depositors during demonetisation
The income tax department has ordered ‘best judgement’ assessment of over 80,000 taxpayers who had deposited significant amounts of cash during the demonetisation period but failed to respond to initial …
Read MoreWind energy expansion capacity to slow in next five years: CRISIL
A recent report by CRISIL has projected that the wind energy sector in India will record a slow growth in next five years (2019-2023). According to CRISIL, the shift to …
Read MoreInsurers must use judgment while investing, says IRDAI
Insurance regulatory Development Authority of India(IRDAI) has advised companies to not just rely on the credit ratings for their investments. The advice came after several insurers had invested in entities …
Read MoreReliance Infrastructure Limited wins bid for greenfield airport in Rajkot for ₹ 648 crore
Reliance Infrastructure has bagged a contract from the Airport Authority of India to build a recently approved Greenfield airport at Hirasar,in Rajkot district of Gujarat.It had applied for a tender …
Read MoreHigher capital adequacy for HFC’s muted
National Housing Bank (NHB),regulator of Housing finance companies(HFC’s) has proposed to increase the capital adequacy ratio of housing finance companies (HFCs) HFC’s to 15% in a phased manner.The proposed norms …
Read MoreTariff hike to hit exports to U.S.
The US has announced its decision to terminate India’s designation as a beneficiary of its Generalized System of Preferences (GSP). This decision comes in the backdrop of US having concerns …
Read More‘Airlines to hire 1.9 lakh by 2028’
Centre for Asia Pacific Aviation (CAPA) India has projected that the airline industry in India would hire an additional 1.09 lakh employees by 2028. CAPA is an aviation consulting and …
Read MoreTrade Union issues charter of demands
10 central trade unions, except the Bharatiya Mazdoor Sangh have adopted a 15-point charter of demand at the National Convention of Workers. One of the major demand is fixing national …
Read More