rbi-truecolumn Business Featured National 

CII wants RBI to cut repo rate, CRR by 50 bps

The Confederation of Industry (CII) which met RBI Governor Shaktikanta Das on Thursday, has sought policy measures for easing the tight liquidity situation by effecting a cut in cash reserve ratio of at least 50 basis points to boost credit flow. The deduction in repo rate will measure the flow of credit of MSMEs and Infrastructure sector.   The CII delegation comprised Uday Kotak, President of CII; Adi Godrej Past President of CII; Chandrajit Banerjee, Director General of CII and Vinayak Chatterjee the Chairman of CII Economic Affairs Council further suggested…

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Business Featured National 

Passengers have to pay baggage X-Ray fess at IGI from Feb 1

Delhi airport operator DIAL has made a new rule that from February 1st the passengers at Indira Gandhi International Airport will have to pay X-ray baggage fees.  The charges will be ranging from Rs 110 to Rs 880 per aircraft flying on domestic routes from next month and for International flights charges will be $149.33 to $209.55 for narrow-body aircraft. With the new rule, domestic passengers will have to pay charges of Rs. 5 and for the international passengers, the charges will be Rs 50 respectively. According to the new rule, Domestic flights having seating capacity of…

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Featured National 

Supreme Court dismisses plea of 5 states seeking modification of its order on DGPs

On Wednesday, Supreme Court dismissed the pleas of five states seeking modification of its order which was issued last year on the selection and appointment of director generals of police (DGPs). The apex court was hearing applications of various state governments, including Punjab, Kerala, West Bengal, Haryana and Bihar, seeking implementation of their local laws regarding the selection and appointment of DGPs. The bench which was headed by Chief Justice Ranjan Gogoi said that the earlier directions of the court on selection and appointment of DGPs were issued in larger public…

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commission-truecolumn Featured National 

7th Pay Commission : Modi Govt approves proposal to extend benefits for teachers

Days after the government announced 10 per cent quota for upper caste poor, Prime Minister Narendra Modi’s government on Tuesday approved the proposal to extend the benefits of the 7th Pay Commission to the teachers and other academic staff of the state government and government-aided technical institution in the country. The revised pay scales will be applicable from 1.1.2016 and the annual financial liability on account of this measure will be about Rs 1,241.78 crore.  During the move, The state government has also approved the payment of arrears of last six…

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Presidential Award Featured National 

After Rahul Gandhi’s Jibe, Philip Kotler congratulates PM Modi

Philip Kotler, an American marketing author, a consultant on Tuesday congratulated PM Narendra Modi after Congress president Rahul Gandhi mocked him for being awarded the Philip Kotler Presidential award. Philip Kotler is a professor of marketing at Northwestern University, Kellogg School of Management. He is known as the father of marketing. He is also known as the marketing guru. Philip Kotler is also written more than 60 marketing books, including Marketing Management and Principle of Management. The Philip Kotler Presidential Award mainly focuses on the triple-bottom-line of People, Profit, and Planet. It will…

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Business Featured National 

Nifty , Sensex gain 1% each , Here are the 5 reasons

After consolidating for last few sessions, bulls took complete control on Tuesday as the benchmark indices rallied more than 1 per cent each driven by rate sensitives and technology stocks. The  BSE Sensex gained 464.77 points at 36,318.33 and the Nifty also gained  149.20 points to 10,886.80. The Nifty Midcap index gained 0.7 per cent and Smallcap gained 1.1 per cent. The market breadth was also in favour of bulls as about three shares advanced for every two shares falling on the exchange. The experts are expecting that Nifty could surpass 11,000…

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Virat Kohli Featured National Sports 

IND vs. AUS 2nd ODI : Virat Kohli smashes 39 ODI hundred

On Tuesday, Virat Kohli led from the front in Adelaide as India chased 299 to stay alive in the three-match series against Australia. Virat Kohli’s master class in chasing was again on display as he paced his innings to perfection in the do-or-die fixture at the Adelaide Oval. Coming in to bat in the 8th over of the match after Shikhar Dhawan’s wicket, who gave India a fantastic start before falling for 32 off 28 balls. Virat Kohli kicked off slowly as Rohit Sharma accelerated from the other end. Once…

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modi-truecolumn Featured National 

PM Narendra Modi to reveal slew of projects worth over Rs.1,550 cr in Odisha

On Tuesday, Prime Minister Narendra Modi launched unveil projects worth over Rs 1,550 crore for Odisha during his third visit. He dedicated the electrification of Jharsuguda – Vizianagaram and Sambalpur -Angul lines spanning 813 km to the nation, completed at a cost of Rs.1,085 crore. Prime Minister Narendra Modi also inaugurated the doubling of 14.2 km of Barpali – Dungaripali and 17.354 km Balangir – Deogaon railway lines, completed at a cost of Rs.189.3 crore. It is a part of the 181.54 km Sambalpur – Titlagarh rail track doubling project. Multi-Modal…

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Honor-10-truecolumn Business Featured National Technology 

Honor 10 Lite to launch in India today: Specification, Price and many more

The Chinese smartphone manufacturing company Honor is set to kick off its first smartphone launch in the new year and it will be the Honor 10 Lite. The company will hold an event in New Delhi which is scheduled to begin at 11 am where it will announce the price and availability of the Honor 10 Lite. The phone succeeds the Honor 9 Lite which was launched in India around the same time last year. The Honor 10 Lite touts an updated design with a Dewdrop display, and it also comes with AI-backed…

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myntra-truecolumn Business Featured National 

Ananth Narayanan steps down as CEO of Myntra-Jabong

The fashion e-trailer company Myntra and Jabong CEO Ananth Narayanan have decided to step down from his position almost two months after group CEO Binny Bansal exited the firm. He will be replaced by Amar Nagaram, who will report to Kalyan Krishnamurthy, CEO of Flipkart Group the company said in a statement on January 14. Amar Nagaram, who recently moved to Myntra from Flipkart, has been with the Group for around seven years. He has also worked on the mobile web segment of the group. According to the statement of the official, “Ananth has played…

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