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    Sajjan Kumar's Conviction: Even Symbolic Justice Matters, Says HS Phoolka

    Lawyer HS Phoolka's fight for justice for 1984 anti-Sikh riot victims landed him a major conviction today. The Delhi High Court sentenced four people, including Congress leader and former Parliamentarian Sajjan Kumar, to life imprisonment. Yet, he doesn't think that can be called justice. "Justice has not been done at all. It is symbolic justice. But even...

    • 45 min ago
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    Visitors happy over Indira Gandhi Park Bhubaneswar getting children's play rides

    Taking its child-friendly development ideas and inclusiveness in public spaces, the Bhubaneswar Development Authority (BDA) has added rides for the kids in the Indira Gandhi Park in the heart of the city near the PMG Square. Recently the park was in limelight with its selection as one of the major venues for the Bhubaneswar International Storytelling Festival...

    • 53 min ago
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    Transfer Of Excess Reserve May Pull Down RBI's Credit Rating, Says Rajan

    Former Reserve Bank of India Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the central bank from 'AAA' would make borrowing costlier for the central bank and will have implications on the entire economy. When asked if the transfer of excess reserve by the RBI...

    • 53 min ago
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    CCEA approves extending Ujjwala LPG scheme to all poor households

    PTI New Delhi: The government Monday extended Ujjwala Yojana of providing free cooking gas (LPG) connections to all poor households, Oil Minister Dharmendra Pradhan said. The scheme, launched in 2016, originally targeted giving LPG connections to mostly rural women members of below the poverty line (BPL) households. The list was later expanded to include all SC/ST households...

    • 60 min ago
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    Sebi makes investing in Mutual Funds less pricey; puts cap on total expenses

    PTI New Delhi: In a major overhaul of the fee structure that mutual funds charge from investors, markets regulator Sebi has issued new norms to cap total expenses for investment in such funds at 2.25 per cent. Rationalising the total expense ratio (TER), the fee that mutual funds (MF) collect from investors every year to manage their money, Sebi said the new fee...

    • 60 min ago
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    Note printing data post DeMo should be disclosed: CIC

    PTI New Delhi: The note printing subsidiary of the RBI has failed to explain how disclosure of data on Rs 2,000 and Rs 500 notes printed after demonetisation will affect economic interests of the state, the CIC has noted ordering its disclosure. The Bhartiya Reserve Bank Note Mudran (P) Limited, a wholly owned subsidiary of the Reserve Bank of India (RBI), claimed that the printing of...

    • 60 min ago
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    NHAI projects may fall short by 33-37% of FY19 target: Report

    PTI Mumbai: Despite the pace of highways projects undertaken by state-run National Highways Authority of India (NHAI) picking up in the last three years, it is likely to remain short by 33-37 per cent of its FY19 target of completing 6,000 km, says Icra. With a strong unexecuted pipeline and concerted efforts on right of way, the NHAI is on a strong footing and is set to witness...

    • 60 min ago
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    'Transfer of excess reserve may pull down credit rating of RBI'

    PTI New Delhi: Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the RBI from 'AAA' would make borrowing costlier for the central bank and will have implication for the entire economy. Asked if the transfer of excess reserve by the RBI to the government could...

    • 60 min ago
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    Hitachi to buy majority stake in ABB's power grid arm for $6.4 bn

    PTI Tokyo: Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout. The deal would make Hitachi the world's largest power grid company, local media said. Under the plan, ABB will spin off its power grid unit, for which Hitachi will...

    • an hour ago
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    Some states charging 50 times higher for telecom infra rollout, claims DoT

    PTI New Delhi: People will face poor quality of service in some states and union territories that are levying higher fees for rolling out telecom infrastructure than what prescribed by the central government, a top government official said Monday. Telecom Secretary Aruna Sundararajan said that some states and UTs are charging up to 50 times higher fees from companies...

    • an hour ago

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