Governor clears request for release of 3 AIADMK men Three AIADMK men, serving life sentences for setting ablaze a bus in Dharmapuri resulting in the death of three girls of the Tamil Nadu Agricultural University (TNAU), were granted remission and set free from the Vellore Central Prison on Monday. Jayalalithaa …
Read More »Monthly Archives: November 2018
If you dump garbage, be ready to go to court
Though the fine is not more than Rs. 500, police hope the legal process will act as a deterrent If the beat policeman catches you dumping garbage on the roads, be prepared to go to the court to battle charges of “spreading disease”. In the past 10 days, as many …
Read More »Govt., RBI call truce after a marathon board meeting
Expert panel to review economic capital framework for future earnings The tension between the government and the Reserve Bank of India (RBI) appeared to have defused for the time being with both agreeing to settle for a middle ground at the end of an over nine-hour board meeting on Monday. …
Read More »Defaulters list: CIC pulls up PMO
Severely admonishing the RBI and the PMO, the Central Information Commission has again directed them to disclose the list of wilful defaulters and former RBI Governor Raghuram Rajan’s letter on bad loans. The panel pulled up the PMO for not complying with its directive to disclose the letter from Dr. …
Read More »Rupee fall boosts apparel exports
Total textile and apparel exports grew 38% in October The textile and apparel sector seems to have seen a revival, going by export performance in October this year. Apparel exports grew 54% in rupee terms in October compared with the same month last year; in dollar terms it was 36% …
Read More »Genome study on teas at advanced stage
Research will unravel the specialities of Assam teas, says an official A genome study project initiated by the Tea Board of India, to establish the origins and speciality of Indian teas, has now reached an advanced stage. The study is being conducted on Assam teas to establish it as a …
Read More »U.S., Europe firms looking at India as alternative to China
‘Though China is ahead in scale, trade wars spur de-risking’ Indian industry may well stand to gain from the fallout of the U.S.-China trade war, if the country plays its cards right, says Wheels India MD Srivats Ram . He dwells on the opportunities at hand and how challenges still …
Read More »Aluminium and water are fuel for this electric vehicle
Firm develops metal-air battery to deliver higher mileage If you ever get stuck at a traffic signal near the verdant campus of the Indian Institute of Science (IISc) in Bengaluru and see a fellow commuter driving a white Mahindra e2o Plus electric vehicle covered with stickers, don’t mistake him for …
Read More »GST, a game-changer reform for logistics sector
In pre-GST era, the industry was struggling to add value to its customers, compared to global peers It has been 15 months since the rollout of what is considered one of India’s biggest tax reforms — the Goods and Services Tax (GST). But, we are already witnessing a major positive …
Read More »In case of a split vote, Governer holds the ace
Section 13 of the RBI Act gives Governor the deciding vote Monday’s meeting of the Reserve Bank of India’s Central Board will be as important for the actions taken as for the fact that it’s the first time the body has met since the ‘RBI vs Finance Ministry’ tussle broke …
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