The Bhandarkar Oriental Research Institute (BORI), which houses one of South Asia’s largest and most invaluable agglomeration of rare manuscripts, opened its treasure vault digitally by launching an e-library of ancient religious and historical works on Wednesday. Nearly 1,000 rare books and manuscripts in Sanskrit and its related languages are …

A silent revolution has transformed driving in Norway. Eerily quiet vehicles are ubiquitous on the fjord-side roads and mountain passes of this wealthy European nation of 5.3 million. Some 30% of all new cars sport plug-in cables rather than gasoline tanks, compared with 2% across Europe overall and 1-2% in …

There was not a single country out of 149 assessed by the World Economic Forum where women on an average made more or as much as men It could take 202 years for women to earn as much as men because the global pay gap is so vast and the …

State-owned Canara Bank said it would raise up to Rs. 3,000 crore by issuing Basel III-compliant bonds. The decision was taken at the bank’s board meeting held on Wednesday, it said in a regulatory filing. The board has decided to raise additional tier-I capital through Basel III-compliant additional tier-I perpetual …

The Commerce and Industry Ministry has taken up with the Finance Ministry the issue of ‘angel tax’ notices being sent to start-ups, Commerce Minister Suresh Prabhu has said. Several start-ups have raised concerns over taxation of angel funds under the Section 56 of the Income Tax Act, which provides for …

Former Reserve Bank of India Governor Urjit Patel as well as Deputy Governor Viral Acharya have cautioned the government on the upside risks to inflation due to fiscal slippages, minutes of the December Monetary Policy Committee (MPC) meeting showed. Admitting the pace of inflation slowed in October, Dr. Patel highlighted …

The Centre has mandated the packaging of 100% of foodgrain and 20% of sugar in jute bags for 2018-19 but has also left the window open for the dilution of the order. This includes a stipulation on placing 10% of the orders through reverse auction on the government e-marketplace. The …

Airlines in India will need 2,300 moreplanes, valued at $320 billion, until 2037, aerospace major Boeing said on Wednesday in its market outlook. Globally, the number needed in the next 20 years is projected at 42,370 planes worth $6.3 trillion. The Asia-Pacific region accounts for almost 40% of the worldwide …

Relaxations to risk thresholds mulled; Centre may infuse capital to help banks meet regulatory norms Four public sector banks — Bank of Maharashtra, Corporation Bank, Allahabad Bank and Bank of India — that are under the prompt corrective action framework of RBI, may come out of the restrictions following improved …

Following a crisis marked by two competing claims to the office of the Prime Minister, R. Sampanthan — Leader of Opposition since 2015 — on Wednesday challenged the Speaker on his naming of former President Mahinda Rajapaksa for the position. Referring to Speaker Karu Jayasuriya’s announcement on Tuesday, following a …