Page-47 of IBPS

World Bank recommends reforms in power distribution

The World Bank has suggested that power distribution utilities in India must be freed from Government interference and their management must be professionalized. In a report released by the bank, it suggested the government to give top priority to reforms ..

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India extends ban on import of milk items from China till June 2015

The Indian government extended the ban on imports of milk and its products from China till June 2015. With this the ban on import of milk and milk products (including chocolates and chocolate products and candies/ confectionery/ food preparations with ..

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Amma pharmacies to be launched across Tamil Nadu

The AIADMK government in Tamil Nadu has decided to open 100 Amma Marunthagam (pharmacies) across the state. The move is likely to win more goodwill for chief minister J Jayalalithaa. The state already have some other welfare schemes like Amma ..

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Air India Ltd becomes member of Star Alliance

Air India Ltd has joined the Star Alliance group of carriers. The move could help enhance revenues at the loss-making state-run air carrier. Thus, Air India has become Star Alliance’s 27th member. How Air India will benefit from the membership ..

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125th anniversary of Salar Jung museum

Salar Jung Museum in Hyderabad, Telangana celebrated its 125th anniversary in June 2014. The art museum located at Darushifa, on the bank of the Musi River in the city of Hyderabad was established in 1951 and is one of the ..

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PSUs have only 3 years to make 25% of their shares public: SEBI

With a view to boost primary markets, stock markets watchdog Securities and Exchange Board of India (SEBI) announced a number of reforms pertaining to IPO and Offer-for-Sale. SEBI proposed that all listed PSUs (Public Sector Undertakings) must have at least ..

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Google to globalize “Project Loon” to provide internet to even the rural and remote areas of the world

In year 2013, Google launched Project Loon, a program that intends to provide Internet access to the rural and remote areas that constitute around 66% of the world’s population. The project uses balloons floating at high altitudes that move up ..

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Steel to be dearer by up to Rs 1,000 a tonne

The recent 6.5% hike in railway freight rate has led to an increase of Rs 300 a tonne in the prices of steel products across the country. Traders are considering a further increase of Rs 700-1,000 a tone in coming ..

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