You can hand in pre-2005 notes till June: RBI
MUMBAI: The Reserve Bank of India has extended the deadline for turning in pre-2005 currency notes to June 30, 2015. Earlier, all citizens had to turn them in by this month-end. The most visible difference between the old and new notes is that the latter carry the year of printing. As part of its... read more »
S Bhattacharya Appointed CMD of Coal India
New Delhi: Senior IAS officer S Bhattacharya has been appointed as the chairman and managing director of Coal India Ltd (CIL). The coal major was without a full time chief for the past six months. “The Appointments Committee of the Cabinet had a couple of days back cleared Bhattacharya for... read more »
Modi orders insurance, coal reforms after stymied by parliament
The cabinet approved an executive order on Wednesday to implement coal and insurance reforms, a government official said, underlining the administration’s resolve to push through economic measures despite political opposition in parliament. Under the order, foreign firms can increase their... read more »
Vistara to fly on 9 January, readies plan for international routes
Vistara plans to start international operations as soon as the Government lifts the 5/20 rule. The airline, a 51:49 venture between Tata Sons and Singapore Airlines (SIA), will be starting operations on 9 January with domestic flights on Delhi, Mumbai and Ahmedabad sectors. As of now, 5/20 bars it... read more »
