MGNREGA may see 30% hike in budgetary funds to spur rural jobs, consumption

BY ANJANA DAS  New Delhi, June 3 (IANS) The allocation towards Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the flagship rural job programme, is set for a minimum 30 per cent hike... Read more »

India’s factory output rises to 3-month high in May

Mumbai, June 3 (IANS) Strengthening demand conditions accelerated the pace of India’s manufacturing sector output in May, a key economic indicator showed on Monday. As per the Nikkei India Manufacturing Purchasing Managers’ Index... Read more »

Delhi plans free travel for women in Metro, DTC buses

New Delhi, June 3 (IANS) The Delhi government plans to allow women to travel free in DTC buses, cluster buses and Delhi Metro in the national capital within the next three months. “Women... Read more »

Boeing says some 737 Max planes may have defective parts

New York, June 3 (IANS) Planemaker Boeing has said some of its 737 planes, including many 737 Max aircraft, may have faulty parts on their wings. It’s the latest problem Boeing faces as... Read more »

IATA lowers aviation sector’s 2019 profit outlook

New Delhi, June 2 (IANS) The International Air Transport Association (IATA) on Sunday downgraded outlook for the global aviation industry’s profit to $28 billion from $35.5 billion, forecast in December 2018. The revised... Read more »

Measures to expand Himachal’s horticulture production on

Shimla, June 2 (IANS) Horticulture is a major contributor to the economy of Himachal Pradesh, which can cultivate a wide varieties of fruits and vegetables due to its diverse climate and topography, and... Read more »

Hero MotoCorp’s May sales up 13% at 6.52 lakh units

New Delhi, June 2 (IANS) Two-wheeler major Hero MotoCorp sold 6,52,028 bikes in May, recording a 13.5 per cent increase over April, when it sold 5,74,366 units. In a regulatory filing, the company... Read more »

Venkaiah Naidu “Don’t react hastily to draft educational policy”

Visakhapatnam, June 2 (IANS) Amid uproar over the draft National Education Policy that recommends making teaching of Hindi compulsory up to class 8, Vice President M. Venkaiah Naidu on Sunday urged all stakeholders... Read more »

CBI begins probe in grant of licenses to explore atomic minerals

BY SUMIT SAXENA  New Delhi, June 2 (IANS) Six years after it reported serious procedural irregularities in the process of allocating blocks for mineral exploration, the CBI will begin a Preliminary Enquiry into... Read more »

Twitterati flood Sitharaman with advice to rekindle economic growth

June 2 (IANS) India’s new Finance Minister Nirmala Sitharaman might not have revealed her plans to accelerate economic growth, but the avid Twitterati have been giving notes and advice about her next moves... Read more »

Hopes of cheaper finance, consumption growth to propel equities

 June 2 (IANS) Prospects of cheaper finance along with a liquidity boost from the apex bank will sustain the uptrend in equity markets during the coming week, analysts opined. Accordingly, investors are eyeing... Read more »

Rohtang Pass reopens for motorists after six months

Manali, June 1 (IANS) The majestic snow-covered Rohtang Pass, located at an altitude of 13,050 feet in Himachal Pradesh’s Kullu district, was reopened for the tourists on Saturday after six months of closure,... Read more »

Himachal’s new industrial policy gets cabinet nod

Shimla, June 1 (IANS) The Himachal Pradesh Cabinet on Saturday approved a new industrial policy, besides relaxing norms to promote home-stay units to promote tourism and providing 10 per cent reservation for economically... Read more »

NMMT to set up multi-speciality hospital in Gujarat

Mumbai, June 1 (IANS) The Nirali Memorial Medical Trust (NMMT) would set up at Navsari in Gujarat a multi-specialty hospital, to be managed by the Apollo Hospitals Group, said a NMMT official here... Read more »

ED summons Praful Patel in Air India seat-sharing case

New Delhi, June 1 (IANS) The Enforcement Directorate has summoned former Civil Aviation Minister Praful Patel in a case of irregular seat-sharing on Air India’s profitable routes, allegedly involving corporate lobbyist Deepak Talwar,... Read more »

US to withdraw India’s GSP benefits from June 5, Ministry says ‘unfortunate’

New Delhi, June 1 (IANS) The US will withdraw the Generalized System of Preferences (GSP) benefits extended to exports from India from June 5, 2019. India calls it “unfortunate”. The GSP benefits are... Read more »

Parthasarathy and Sankaran ran IL&FS as personal fiefdom

New Delhi, June 1 (IANS) Did political patronage allow the IL&FS secret society to indulge in abashed and shameful abuse of power for years and years is a question that now has some... Read more »

ISI, D-company resurface with new route to pump fake notes into India

June 1 (IANS) After a brief interval, high-quality Fake Indian Currency Notes (FICN) are again being printed across India’s eastern borders and are being pumped into the country at an alarming rate. An... Read more »

India’s 2018-19 fiscal deficit at 3.39% of GDP, lower than target

May 31 (IANS) India met its fiscal deficit target for 2018-19, which came in at 3.39 per cent of GDP, slightly lower than 3.4 per cent estimated in the revised estimates of the... Read more »

Jet saga: Now lookout notice against airline’s CEO Dube

May 31 (IANS) Not just Jet Airways’ former Chairman Naresh Goyal, but even its former Chief Executive Vinay Dube has been barred from leaving India, as a probe into the financial irregularities in... Read more »