News: Ashwani Lohani, a Railway Service officer who is now the chief of Madhya Pradesh Tourism Development Corporation (MPTDC), was appointed as CMD of Air India, the state-run carrier whose combined losses currently stood at Rs 30,000 crore. A qualified mechanical engineer, Lohani is a fellow of the Chartered Institute ...

News: The government is not planning to raise excise duty on petrol and diesel to mop up gains accruing from oil prices that slumped to six-and- half year low. The government had in four installments raised excise duty on petrol and diesel between November and January to take away the reduction ...

News: Finance Minister Arun Jaitley launched the India Aspiration Fund (IAF) to be set up as a fund of funds under the Small Industries Development Bank of India (SIDBI) in order to boost the startup ecosystem in the country. “India is witnessing a startup revolution and to harness the potential ...