GS-III

Appoints Vineet Nayyar as MD, chalks out roadmap to put troubled firm back on track by month end The newly appointed board of troubled project developer and financier Infrastructure Leasing and Financial Services (IL&FS) met on Friday to take stock of the situation, and started preparing a roadmap to bring …

Rajasthan had last month cut its state VAT by Rs. 2.5 per litre, while Karnataka and Andhra Pradesh both had cut their VAT rates by Rs. 2 per litre. West Bengal and Kerala had cut their VAT rates on petrol and diesel by Rs. 1 per litre in September and …

Arbitrary pricing, says committee; asks for detailed report Parliamentarians slammed private airlines for the “exorbitant increase in excess luggage charges” at a meeting of the Parliamentary Committee on Transport Tourism and Culture on Thursday. The majority of private airlines allow only 15 kg of luggage on domestic flights and charge …

U.S. officials sound a note of caution As India looks to sign several big-ticket defence deals with Russia on Friday, U.S. officials cautioned that even if India manages to get a one-time waiver from the Countering America’s Adversaries Through Sanctions Act (CAATSA) law, it cannot expect a “free ticket.” “It …

So many deaths being attributedto a virus is a first in many years While Gujarat officials are grappling with the death of 21 lions in the last month, wildlife experts say that more than the numbers it’s the fear of a mutation in a virus as the likely cause of …

Voluntary facility to be rolled out from Feb. 2019 A mere facial scan will soon enable air travellers to skip long queues and zip through various check points at airports in the country. The Centre is set to introduce the “Digi Yatra” facility at the Hyderabad and Bengaluru airports in …

Jaitley asks States to match this with reduction in VAT rates for overall Rs. 5 relief The Centre has decided to effect a cumulative cut of Rs. 2.5 per litre on fuel prices, with the Centre absorbing Rs. 1.5 of this and the oil marketing companies Rs. 1, Finance Minister …

The German-French observation device is part of a mission to find clues to the solar system’s origins A Japanese probe launched a new observation robot towards an asteroid on Wednesday as it pursues a mission to shed light on the origins of the solar system. The Hayabusa2 probe launched the …

Tightening the norms for issuance of e-way bill, the GST Network has made it mandatory for businesses and transporters to mention PIN codes of places of loading and unloading of consignments. Quoting of PIN codes will help in calculating the correct distance and determine the validity of the e-way bill, …

Hindustan Oil Exploration Company Ltd. (HOEC) has signed a revenue sharing contract with the Government of India for the exploration block in Assam it won under the Open Acerage Licensing Policy (OALP) Bid Round I. The bid round-I of OALP was launched in January 2018 under the liberalised Hydrocarbon Exploration …