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

Suzuki, Toshiba and Denso to make lithium-ion batteries in India

New Delhi, April 15 -- Suzuki Motor Corporation on Friday said that it has reached a basic agreement with Toshiba Corporation and Denso Corporation for establishment of a joint venture company which will produce automotive lithium-ion battery packs in India.

"Suzuki Motor Corporation (Suzuki), Toshiba Corporation (Toshiba) and Denso Corporation (Denso) have reached basic agreement on establishing a joint venture company for production of automot... Read More

BML Munjal University, the new hub for aspiring engineers from Andhra Pradesh and Telangana

New Delhi, Sept. 7 -- BML Munjal University (BMU), founded by The Hero Group, and located in Gurugram (National Capital Region of Delhi) has emerged as the new hub for aspiring engineers from the South. Prof. B S Satyanarayana, Vice Chancellor, BMU and senior staff members of the University were in Hyderabad on 7th April 2017 to strengthen this growing relationship by interacting with media persons and parents of students who hail from the city. ... Read More

Major natural gas reserve found in Indian Ocean: USGS

Sri Lanka, July 26 -- The U.S. Geological Survey (USGS) says it has assisted the Government of India in the discovery of large, highly enriched accumulations of natural gas hydrate in the Bay of Bengal.

"Advances like the Bay of Bengal discovery will help unlock the global energy resource potential of gas hydrates as well help define the technology needed to safely produce them," said Walter Guidroz, USGS Energy Resources Program coordinator.

N... Read More

Overwhelming participation in polls despite bad weather

Nepal, June 29 -- There were thick clouds hovering in the sky Tuesday evening. Weather experts had forecast heavy rainfall for the next day morning. They were right. Heavy rainfall poured on Wednesday morning on the election day. People, including some disabled were upright at the polling center early morning in large number. They said that the rain didn't deter them from casting vote. Local level election, which they were getting to participate ... Read More

Poll deferral disappoints locals of Province 2

MAHOTTARI, June 29 -- While the locals of 35 districts of provinces 1, 5 and 7 enthusiastically participated in the second round of local elections, eight districts of Province 2 remained tense due to the banda enforced by poll opposing Rastriya Janata Party Nepal.

Locals of all three provinces were delighted to choose candidates of their choice after voting in the local elections announced in twenty years. As the RJPN announced to boycott the e... Read More

Bankers for raising personal home loan limit to Rs 20 million

KATHMANDU, June 29 -- Bankers have urged the central bank to raise the upper limit of personal housing loans from Rs 10 million to at least Rs 20 million.

The demand from banking executives for upward revision of personal housing loans has come in the wake of rising costs to purchase land and build a house.

As the ceiling for personal housing loans has been fixed at Rs 10 million per borrower, bank and financial institution (BFIs) extending loa... Read More

People power

Nepal, June 29 -- first the third phase of local election on September 18 and then the provincial and federal elections, all within the constitutionally-mandated January 21, 2018 deadline. Credit must go to all the domestic actors who were involved in the second phase. But we must also not forget the important role of the international community for the success of the second round. After their mixed messages during last year's border blockade, th... Read More

Surkhet's first homestay to welcome guests from October

SURKHET, June 29 -- Twenty-five Tharu women of Tilpur in Birendranagar Muncipality-9 have teamed up to start a community homestay facility in their locality.

The women were encouraged to start the venture after then underwent a month-long homestay training organized by Hotel Entrepreneurs Association, Surkhet, with financial assistance of the main branch office of District Cottage and Small Industries Office.

The women have already taken a land... Read More