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Railways plans to pour Rs 8.6 lakh crore for new tracks, faster trains and station revamp
Indian Railways plans to rack up debt to help fund an unprecedented modernization plan. Some Rs 2.5 lakh crore ($37 billion) of debt is required in the five years through 2020, according to Railway Minister Suresh Prabhu. That's more than triple the Rs 692 billion of outstanding Indian Railway Finance Corp. bonds. The network is also exploring non-fare revenue streams from advertising and land holdings, Prabhu said. "Very
Prachanda all set to become new Nepal PM
KATHMANDU: CPN (Maoist Centre) Chairman Pushpa Kamal Dahal aka 'Prachanda' was on Sunday all set to make a comeback as Prime Minister of Nepal, a week after the Nepali Congress and Madhes-based parties pledged to throw their weight behind him. The resignation of Prime Minister K.P. Sharma Oli earlier in the day paved the way for Prachanda to become the 39th Prime Minister of the Himalayan nation. He got
Lok Sabha Speaker forms panel to probe Bhagwant Mann
NEW DELHI: Lok Sabha Speaker Sumitra Mahajan on Monday formed a nine member panel to probe Aam Aadmi Party (AAP) MP Bhagwant Mann's breach of security posting a video of Parliament's interiors. "A nine member committee to probe and submit its report to the house over AAP MP Bhagwant Mann's video," Sumitra Mahajan informed the house. The speaker also advised Mann not to attend the House for
A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services'
MUMBAI: India's middle class has seen new entrants. Pani puri vendors, dosa sellers, carpenters, welders, launderers, drivers and cable TV technicians have all pulled themselves out of the clutches of poverty and leapt into a section of the middle class - the bedrock of the economy. A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services', co-authored by the head of Mumbai University's
World's largest seaplane unveiled by Chinese state company
China has completed production of the world’s largest amphibious aircraft, state media has said, the latest effort in the country’s program to wean itself off dependence on foreign aviation firms. The state-owned Aviation Industry Corporation of China (AVIC) unveiled the first of the new planes, dubbed the AG600, Saturday in the southern port city of Zhuhai, the official Xinhua news agency reported. The aircraft, which
India makes first contribution to United Nation Trust Fund
India, one of the largest troop-contributing countries in UN peacekeeping operations, has contributed USD 100,000 to a trust fund set up for victims of sexual exploitation and abuse by peacekeepers, becoming the first country to make a contribution to the fund. The United Nations Department of Field Support (DFS) announced that India provided USD 100,000 for the Trust Fund in Support of Victims of Sexual
Mumbai oust Kochi in sudden death tiebreaker for Premier Futsal title
Mapusa: Mumbai 5's found an unlikely hero in goalkeeper Luis Amado as they got the better of Kochi 5's 4-3 via sudden death tiebreaker to emerge champions in the inaugural edition of Premier Futsal at the Peddem sports complex in Mapusa on Sunday. Kochi seemed on course for another hard-fought victory that would have given them the trophy, thanks to an early goal from Deives Moraes. But Mumbai pressed hard for the
Tour de France 2016: Chris Froome completes third race victory
Chris Froome became Britain's first three-time winner of the Tour de France when he crossed the finish line of the 21-stage race in Paris on Sunday. The Team Sky rider, who won the 2013 and 2015 races, is the first man to defend his title in more than 20 years. He finished arm-in-arm with his team-mates behind the peloton after Andre Greipel won the final sprint finish. "It's like the first time, it's amazing. Every time it's special," said
Nepal Prime Minister Khadga Prasad Oli resigns
Nepal's Prime Minister, Khadga Prasad Oli, has resigned from his post just minutes before facing a no confidence vote he was expected to lose. Oli, 64, was forced to quit on Sunday after allies of his multi-party coalition deserted the government, accusing him of not honouring power sharing deals that helped install him as prime minister nine months ago. "I have already submitted my resignation to the President when I met her
Land acquisition bill: BJP Lok Sabha member Ganesh Singh appointed as new head of panel
BJP Lok Sabha member Ganesh Singh has been appointed the new chairperson of the Joint Committee of Parliament examining the contentious land bill. Singh, who was already member of the panel, replaces S S Ahluwalia who became Minister of the State for Parliamentary Affairs in the July 5 reshuffle of the council of ministers. The first task at hand for Singh on Friday was to move a resolution in the Lok Sabha seeking the
Update on search and rescue operations in bay of Bengal for missing IAF AN-32 aircraft
Search operation for the missing AN-32 aircraft of IAF continues uninterrupted for the third consecutive day. A total of 12 IN ships and 04 ICG ships along with 17 aircraft from Indian Air Force, Indian Navy and Indian Coast Guard have been mobilized towards this operation. The weather improved marginally today thereby aiding deployment of additional assets and thereby aiding intensification of the search in a larger area
The Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice and Empowerment, Government of India and some of the leading Motor-Bike Groups of the National Capital decided today to came together to spread awareness about ‘Universal Accessibility’ through ‘Ride for Accessibility’ for the Accessible India Campaign. A festival of ‘Roaring Wheels’ rolled out at the India Gate
EESL warns consumers against fraudulent websites-
Energy Efficiency Services Limited (EESL) is hereby alerting its consumers of fraudulent websites selling 9W LED bulbs under the name of Unnat Jyoti by Affordable LEDs for All (UJALA) programme. These websites are not associated with the UJALA programme of EESL which is a public energy services company, under the administration of Ministry of Power. Two websites – www.philips-led-at-10rs.in and
Ministry of Tourism has sanctioned 25 projects under the Swadesh Darshan scheme worth Rs. 2048 Crore so far to 21 States and Union Territories since its launch of in January 2015. These States and UTs include Jammu and Kashmir, Uttarakhand, Rajasthan, Maharashtra, Kerala, Puducherry, Andhra Pradesh, Telangana, Madhya Pradesh, Chattisgarh, Bihar, West Bengal, Sikkim, Assam, Meghalaya, Mizoram,
International tourism continues to grow above average in the first four months of 2016: UNWTO
New York, July 19 (IBNS) 2016 started on a strong note for international tourism. International tourist arrivals grew by 5% between January and April 2016 according to the latest UNWTO World Tourism Barometer. Results were robust across almost all subregions and many destinations reported double-digit growth. Prospects for May-August remain positive, with around 500 million tourists expected to travel
Salman Khan acquitted in black buck poaching case
Jaipur, July 25 (IBNS) Bollywood actor Salman Khan, one of the prime accused in the infamous black buck killing case, has been acquitted in the hunting of the endangered species case by the Rajasthan High Court in Jodhpur, reports said on Monday. The superstar, who had to go to jail too in these cases, was accused of hunting a black buck in Rajasthan while he and other actors were shooting for the film "Hum Saath Saath
India highlights importance of Verifiable Data on HFCs
Vienna/New Delhi, Jul 23 (IBNS): At the 38th meeting of the Open Ended Working Group of Parties to the Montreal Protocol, which is underway in Vienna, members from the developing and developed world have reiterated their commitment to moving away from high Global Warming Potential (GWP) HFCs for limiting increase in global warming. Participants highlighted that absence of verifiable historical data is a challenge in
CSIR-CMERI develops Solar Power Tree for generation of electricity from solar energy
The Union Ministry of Science and Technology has launched ‘Solar Power Tree’, an innovative way to generate electricity by harnessing maximum solar energy in a limited space. It was launched by Union Minister for Science & Technology and Earth Sciences Dr. Harsh Vardhan in New Delhi. Key Features of Solar Power Tree The Solar Power Tree has been developed by the CSIR-Central Mechanical Engineering
Singer Bapi Lahiri honoured with Mahanayak award by West Bengal Government
Renowned Music Director and singer Bapi Lahiri was honoured with Mahanayak award by the West Bengal Government. Chief Minister Mamata Banerjee conferred the Mahanayak Samman upon Bapi Lahiri on the occasion of 36th death anniversary of Uttam Kumar. In addition, Bengali films “Bela sheshe” and “Shankhachil” were jointly awarded as the best Bengali films of the year. Besides, critically-acclaimed
Kerala Government launches first ever Water Metro project in the country
Kerala Government has launched Kochi Water Metro project, the first ever Water Metro project in the country. It was launched by Kerala Chief Minister Pinarayi Vijayan at Kochi. The project aims to provide water connectivity to people living between islands in the Kochi agglomeration area and the city. Key Facts Kochi Water Metro project is an integrated water transport project developed as feeder service to the
Scientists to undertake field trials of Oil-degrading bacteria in Kochi
Scientists have planned to undertake field trials of three new strains of oil-degrading bacteria in Kochi, Kerala. Earlier, laboratory tests of these new strains conducted were successful. The field trials will be conducted by the Malabar Botanical Garden and Institute of Plant Sciences (MBGIPS), Kozhikode and Bharat Petroleum Corporation Limited (BPCL). The study will pave the way for the development of
China unveils world’s largest amphibious aircraft
China has completed the production of the world’s largest amphibious aircraft dubbed as the AG600. It was unveiled by the state-owned Aviation Industry Corporation of China (AVIC) in the southern port city of Zhuhai. Key Features of AG600 AG600, the massive seaplane is far larger than any other plane built for marine take-off and landing. The aircraft has a maximum take-off weight of 53.5 tonnes and is around the
Violinist A Kanyakumari, first female violinist to get Sangita Kalanidhi Award
Renowned violinist Avasarala Kanyakumari from south India was selected for the prestigious 2016 Sangita Kalanidhi Award. With this, she becomes first female violinist chosen in the history of this prestigious award. She will be bestowed with the award on January 1, 2017. She will also preside over the 90th annual conference of the Music Academy scheduled from December 15, 2016 to January 1, 2017. So far eight
India’s first Green Rail Corridor launched in Tamil Nadu
The India’s first Green Rail Corridor was inaugurated on the 114-km long Rameswaram-Manamadurai stretch in Tamil Nadu. It was inaugurated by Union Railways Minister Suresh Prabhu through video-conferencing from Chennai, Tamil Nadu. Key Facts The Green Rail Corridor ensures zero toilet discharge on rail tracks as part of its commitment to clean environment under the ‘Swachh Rail-Swachh Bharat’
Indian shooters Manavaditya Rathore and Anant Naruka win Bronze medal in Junior World Cup
Indian shooter Manavaditya Rathore has won the trap bronze medal in the Champion of Champions match at the Junior World Cup in Porpetto, Italy. Manavaditya won the bronze medal in trap event. He son of Athens Olympics silver medallist and Minister of State (MoS) of Information and Broadcasting Col Rajyavardhan Rathore/ Besides, Anant Naruka won a bronze medal in the Champion of Champions in skeet
Lewis Hamilton wins 2016 Hungarian Grand Prix of F1
Mercedes driver Lewis Hamilton from Great Britain has won the 2016 Hungarian Grand Prix title of Formula One. It his overall fourth Hungarian Grand Prix title after winning it in 2007, 2009, 2012 and 2013. Thus he holds record of most wins (drivers) with 5 wins. Besides it was his fifth title of the 2016 season after Monaco Grand Prix (May 2016), Canadian Grand Prix (June 2016), Austrian Grand Prix (July 2016) and
Cabinet approves incorporation of Sagarmala Development company under Companies Act
The Cabinet approved the incorporation of Sagarmala Development Company (SDC) under the companies Act 2013, with an initial authorized share capital of 1 thousand crore rupees and a subscribed share capital of Rs. 90 Crore. and that it will be under the administrative control of the Shipping ministry. The cabinet said that the implementation of the identified projects will be taken up by the relevant ports, State Governments,
BCCI conducts ‘English language and communication skills’
The Cricket Board (BCCI)has commenced a course for umpires on English language and communication skills as part of its educational and development programme for the match officials. The first batch underwent training from July 12 to 16 and the second commenced in Mumbai and would continue till July 23, the BCCI has announced on its website. As mentioned by BCCI, the course will cover various aspects like ‘language
Delhi hosts ‘Made in Afghanistan’ conference to boost bilateral trade
A conference titled ‘Made in Afghanistan’ was recently held in Delhi to promote Afghan products and boost trade relations between both nations. Made in Afghanistan: Harnessing the Economic Potential‘ was the theme of two-day long event held to strengthen India-Afghan relations in terms of trade, commerce and investment opportunities. An MoU was also signed between FICCI-FLO and Afghanistan women business
India, Japan ink Social Security Agreement
India and Japan signed a social security agreement expected to come into force on 1 October ,2016 and benefit thousands of Indian and Japanese professionals and skilled workers working in the two countries. The pact will help avoid double social security contributions, the statement said. In other words, an Indian worker on a short-term contract in Japan will be exempt from making a social security contribution there.The
CCEA approves 1,980 MW Ghatampur thermal power project
The Cabinet Committee on Economic Affairs (CCEA) granted its approval to set up a 1,980 MW thermal power project at Ghatampur in Uttar Pradesh at an estimated cost of Rs 17,237.80 crore including interest during construction component of Rs 3,202.42 crore. The Cabinet Committee on Economic Affairs has given its approval for installation of Ghatampur Thermal Power Project (GTPS) of 1,980 MW (3 X 660
Karnataka Bank’s solar initiative for rural students
Karnataka Bank Ltd has initiated a programme to provide solar lights in the non-electrified houses of students in rural areas. MS Mahabaleshwara, Chief General Manager of the bank, told Business Line that the bank, in association with the Manipal-based non-governmental organisation Bharatiya Vikas Trust (BVT), has taken up this initiative under its corporate social responsibility (CSR) programme.
Mydala partners Viacom 18 for ‘Star Trek Beyond
Mydala.com, India’s leading local services marketing platform, has joined forces with Viacom 18 as the media partner for ‘Star Trek Beyond’, the third installment of the iconic Star Trek Reboot Series, that released in India. Mydala is giving its users a sci-fi thrill with a StarTrekBeyond contest where its 400 million consumers across 209 cities in India can win movie tickets as well as official merchandise. mydala is also the
HDFC ERGO enters into bancassurance tie-up with SVC Bank
HDFC ERGO General Insurance Company and Shamrao Vithal Co-operative (SVC) Bank today announced their bancassurance agency partnership to provide range of non-life insurance offerings to the customers of the bank. The partnership combines HDFC ERGO’s experience in introducing innovative non-life insurance products with SVC Bank’s customer base across various states. “The alliance is an important
Dr. Sanjiv Misra appointed as AD and NE (part time) Chairman at Axis Bank
Mumbai-headquartered, Axis Bank has stated that the Reserve Bank of India has granted approval for appointment of Dr.Sanjiv Misra as Additional Director and the Non-Executive (Part-Time) Chairman of the bank for a period of three years with effect from July 18, 2016, up to July 17, 2019 . Dr. Sanjiv Mishra was earlier the SUUTI ( special under stading of UTI) nominee on board as Non-Executive Chairmen till May
Keni Harrison breaks 28-year-old world hurdles
American Keni Harrison broke a 28-year-old world record in the 100m hurdles, clocking 12.20 seconds at the London Anniversary Games. Harrison, was already the fastest woman in the world this year, but will not be at next month’s Olympics after finishing only sixth in the US trials. The previous world record of 12.21 had stood since 1988 and was held by Yordanka Donkova of Bulgaria.
WB CM Mamata Banerjee to visit Italy, Germany for foreign funds
To attract foreign investment in the state, West Bengal Chief Minister Mamata Banerjee will go on a four-day visit to Italy and Germany in September. Two apex chambers of commerce and industry from Germany have invited Banerjee to go with a business delegation, while the Mayor of Rome Virginia Raggi has invited her for a special reception, state finance minister Amit Mitra said. The Chief Minister is already scheduled to
Judicial panel to set Puri temple in order
WITH recurrence of unruly affairs at Sri Jagannath Temple in Puri creating serious public outrage, the Odisha Government on Thursday constituted a one-man judicial commission to suggest reforms in its management. The commission will be headed by retired judge of Orissa High Court Justice Bimal Prasad Das. He would be assisted by former temple administrator Mahimohan Tripathy. “The commission will give
Startup India States Conference to be held in New Delhi
The Department of Industrial Policy and Promotion (DIPP) is organizing a day-long conference on Startup India in New Delhi today with an aim To improve ease of doing business, Commerce and Industry Minister Nirmala Sitharaman said a start-up would now need only a certificate of recognition from the government to avail IPR-related benefits. Earlier ,a budding entrepreneur had to go through an elaborate process of
Feliciano Lopez wins 2016 Swiss Open Gstaad
Top-seeded Feliciano Lopez of Spain on 24 July 2016 defeated Robin Haase of the Netherlands 6-4, 7-5 to win the 2016 Swiss Open Gstaad. It is Lopez’s first title on clay and his fifth overall. Feliciano Lopez is a professional tennis player on the ATP Tour. He achieved his career-high singles ranking of world no. 12 in March 2015. He has appeared in more consecutive majors than anyone, dating back to the 2002 French
Neeraj Chopra becomes first Indian to win gold in World Athletics championships
Neeraj Chopra, the javelin thrower from India, on 23 July 2016 won gold in the IAAF World Under-20 Championships in Bydgoszcz, Poland. With this, Neeraj, 18, managed to set a new world record (U-20) of 86.48m. His 86.48m effort also helped India in bringing its first world record as well as the country’s first-ever gold in any World athletics championships. South African Johan Grobler with 80.59m took the silver
Madhav Chitale committee constituted to prepare Guidelines for Desiltation of River Ganga
Union Ministry of Water Resources, River Development and Ganga Rejuvenation on 22 July 2016 constituted a committee to prepare guidelines for desiltation of river Ganga. Madhav Chitale, an Expert Member of National Ganga River Basin Authority (NGRBA) has been appointed as Chairman of the committee. The tenure of the committee would be for a period of three months. Terms of Reference (ToR)
Moden Indian artist Syed Haider Raza dies
Renowned Indian artist Syed Haider Raza passed away on 23 July 2016 in New Delhi. He was 94. Raza was world famous for his abstract paintings. His works had very rich use of colour, stocked with icons from Indian cosmology as well as its philosophy. Raza is considered as one of Indian modern art's greatest painters. His works are mainly abstracts in oil or acrylic. He mostly lived and worked in France from 1950,
Brahmaputra Valley Film Festival 2016 begins in Guwahati
The fourth edition of the Brahmaputra Valley Film Festival commenced on 22 July 2016 in Guwahati, Assam. The festival pays homage to the rich culture of northeast India and is dedicated to the film fraternity of the region. Six short films and six full-length films from northeast states like Manipur, Assam, Mizoram and Arunachal Pradesh will be presented at the three-day fest. The festival is organised by Tattva Creations.
Annual electronic music festival Tomorrowland begins in Belgium
One of the biggest electronic music festivals Tomorrowland began on 22 July 2016 in Boom, Belgium. The year 2016 also marks Tomorrowland 10th edition. More than 350000 tickets for the festival were sold out in an hour of their opening in February 2016. Tomorrowland is one of the biggest electronic music festivals held in the world. The first edition of the festival took place on 14 August 2005, which was organised by
