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Parliament passes Lokpal amendment bill

New Delhi, July 29 -- A bill to amend the Lokpal and Lokayukta Act, 2013, was passed by parliament on Thursday doing away with the time limit for public servants to furnish details of their assets and liabilities, which as per the original act was July 31 every year.

The Lokpal and Lokayukta (Amendment) Bill, 2016, which was passed by the Lok Sabha on Wednesday, was passed by the upper house on Thursday.

It allows extension of the time given to... Read More


SC to examine if state entry tax violates 'freedom of trade'

New Delhi, July 18 -- A nine judge constitution bench of the Supreme Court bench will hear from Tuesday a batch of petitions by some top corporate houses and business associations challenging the imposition of entry tax by the various state governments, contending that it was violative of the freedom of trade and commerce provided under the Constitution.

The bench of Chief Justice T.S.Thakur, Justice A.K.Sikri, Justice S.A. Bobde, Justice Shiva ... Read More


A Kumar is new CEO of Oswal Overseas Ltd

New Delhi, July 25 -- Ashok Kumar has been appointed as Chief Executive Officer of Oswal Overseas Ltd, Bureaucracy Today has learnt.... Read More


Office lights go off as PM enters for meeting

NEW DELHI, Jan. 20 -- It got embarrassing for the office bearers of the BJP when lights at the party office in Ashoka road went off as soon as Prime Minister Narendra Modi entered the premises on Thursday.

The PM had come for an important meeting to discuss the elections when power supply in parts of Central Delhi maintained by the New Delhi Municipal Council (NDMC) snapped at around 8:45 pm.

Apart from Ashoka road areas around Feroze Shah Road... Read More


'Matter in court': Centre refuses to wade into row

NEW DELHI, Jan. 20 -- The Centre appeared reluctant to promise an ordinance to override a court ban on Jallikattu, with Prime Minister Narendra Modi saying on Thursday that the matter is sub judice. He remained non-committal to Tamil Nadu's forceful appeal for an ordinance during a meeting with chief minister O Panneerselvam but acknowledged the "cultural significance" of Jallikattu, the southern state's traditional and popular bull-taming sport.... Read More


BUDGET: GOOD ECONOMICS, GOOD POLITICS, OR BOTH?

India, Jan. 20 -- Every Union budget is shaped by the backdrop in which it is conceived; this year more so than others. On the one hand, you have a fragile global economy with an unreliable US as its nucleus; domestically, India is still measuring the aftershocks of demonetisation even as corporate India continues to struggle with its funk, precluding new investments. On the other hand, this budget, to be presented on 1 February, comes just three... Read More


Malaysian firms eye $1.56 bn via public listings this year

Kuala Lumpur, Jan. 20 -- Malaysia expects $1.56 billion to be raised through initial public offerings (IPOs) this year-a remarkable improvement over last year when companies in the country managed to raise just over $230 million. A slew of companies have expressed their interest in raising money through IPOs, the big ones being Eco World International, Serba Dinamik Holdings Bhd and QSR Brands. Total capital raised this year, including through co... Read More


DEVELOPMENT VERSUS CASTE A HOLLOW RHETORIC IN UP ELECTIONS

New Delhi, Jan. 20 -- Addressing a Bharatiya Janata Party (BJP) election rally in Lucknow on 2 January, Prime Minister Narendra Modi appealed to the people of Uttar Pradesh to vote for development. "It has not been vanvas (exile) of BJP but vanvas of developm e n t in Uttar Pradesh", he said . (bit.ly/2iCvXiz). Modi was taking a dig at the other main contenders in state, the Bahujan Samaj Party (BSP) and Samajwadi Party (SP), both of which are se... Read More


Bharti, Kotak vow to take on banking system

New Delhi, Jan. 20 -- Airtel Payments Bank (APB), a joint venture between Bharti Airtel Ltd and Kotak Mahindra Bank Ltd, said it will spend Rs3,000 crore to develop a pan-India banking network and digital payments ecosystem. Through their 80:20 joint venture, Bharti and Kotak aim to disrupt a banking system that has gradually woken up to changing technology and yet incurred heavy costs in serving customers. "I have seen the insides of traditional... Read More


RIL to revive gas exploration and production

Mumbai, Jan. 20 -- After a gap of eight years, Reliance Industries Ltd (RIL) is looking at reviving exploration and production work. Before work begins, exploration companies must file a so-called field development plan with the government. In a presentation made to analysts after its third-quarter earnings announced on Monday, 16 January, RIL said its management panel has reviewed declaration of commerciality for D55, D29 and D30 discoveries in ... Read More