News: According to American brokerage Morgan Stanley, stocks of Public Units (PSUs) are about 30 per cent undervalued due to a slew of issues. Lack of autonomy and political interference in their functioning have been the biggest bane of PSUs. Betting on state-run giants such as Coal India, PowerGrid, BPCL, ...

News: In a move that will help thwart attempts by foreign MNCs and individuals to get patents and trademark on ancient yoga techniques, the government has shortlisted over 1500 asanas and videographed over 250, classifying them as “traditional knowledge” of the country. The initiative will be a part of the ...

News: It was felt that there was a need to make the war histories “more readable” because the official ones are “too technical and full of military jargon” and meant primarily for experts. “The idea is to educate students and future generations about contributions made by the Indian armed forces, ...

News: Indian Railways, one of the country’s largest commercial enterprises, plans to start issuing quarterly account statements. Railway Minister Suresh Prabhu told that this is one of the changes that the state-run monopoly is planning and the move is aimed at improving transparency as the government looks at attracting billions ...

News: Aiming at swift transportation of goods, railways is constructing 3360-km-long track comprising both Eastern and Western corridors for exclusive movement of freight trains at an estimated cost of about Rs 82,000 crore. Efforts are on to commission the Durgauti-Sasaram section on a pilot basis in the current fiscal, DFC ...

News: Parliamentary panel has also recommended flexible working hours for women employees to help them balance their professional and family responsibilities and to provide safe and convenient work environment in the banking sector. In a report on ‘Working Conditions of Women in Public Sector Banks’, the panel said that PSBs ...

News: About 8 lakh sea-farers will benefit from the ratification of International Labour Organisation (ILO) convention on seafarers identity document (SID), Shipping Minister Nitin Gadkari told. “Government has approved ratification of ILO convention no 185 on the SID. The Ministry of External Affairs has been requested to arrange for the ...

News: Pension of freedom fighters has been increased by the government after introducing a hike of 218% in DA in 2014-15, said Home Minister Rajnath Singh. The number central freedom fighters pensioners as on January 1, 2015 were 11,434 and the widows and eligible dependents were 24,466, total of which ...

News: The state water resources department, notorious for awarding irrigation contracts at hugely inflated rates to select contractors, wants to shed its scam-tainted image. The irrigation contractors have started quoting rates below the official estimate. Another 17 contracts were given at par, while 21 works were quoted above the estimate. ...

News: India is one the fastest growing smartphone markets globally. According to research firm CMR, 19.5 million smartphones were shipped in India in the March 2015 quarter. Xiaomi, which entered the Indian market last year, said it had sold one million units till end of 2014. Posting a picture of ...