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Mar 29, 2018 10:13 PM IST | Source: Moneycontrol.com

News highlights of the day: CBSE chief says decision of re-test is in favour of students

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

  • Mar 29, 09:37 PM (IST)

    Decision of re-test in favour of students: CBSE chief on paper leak

    Under attack over the board paper leaks, CBSE Chairperson Anita Karwal on Thursday said that the decision to hold re-examination of two subjects was taken in favour of the students and the new dates for the tests would be announced soon.

    "We have taken the decision in favour of the students and in utmost fairness. Very soon we will announce the dates (for re-test). Any further decision would also be taken in the favour of the students," she told reporters.

    "Students don't have to worry about anything. We are with them," she added. (PTI)

  • Mar 29, 10:13 PM (IST)

    That's all for today, readers. Thanks for staying on with our coverage of the day's action. Your enthusiasm encourages us to better our coverage every day. Do come back tomorrow for more news, views and insights.

  • Mar 29, 10:04 PM (IST)

    An entrepreneur at heart, Ranjan Pai is the new king of India's healthcare industry

    An entrepreneur at heart, Ranjan Pai is the new king of India's healthcare industry

    Manipal Education and Medical Group promoter Ranjan Pai has an eye for good deals. Take for instance the investment by his fund Aarin Capital in start-up Byju's in 2012.

  • Mar 29, 09:19 PM (IST)

    Lokpal, agrarian issues: Hazare calls off strike after govt assures speedy steps

    Social activist Anna Hazare on Thursday called off his hunger strike on the seventh day of his protest in New Delhi, saying the government has assured him of steps "soon" towards appointing Lokpal at the Centre and Lokayuktas in the states and addressing agrarian issues he flagged by him.

    At the venue at Ramlila Grounds here, Maharashtra Chief Minister Devendra Fadnavis, who acted as the emissary of the Centre along with Union Minister of State for Agriculture Gajendra Shekhawat, said that the NDA government has taken positive decisions in response to the demands of Hazare and several other farmers' organisations. (PTI)
     

  • Mar 29, 09:01 PM (IST)

    Himachal assembly passes Rs 43,842 crore budget for FY19

    Himachal Pradesh assembly on Thursday passed the budget for 2018-19 and also the related appropriation bill, authorising the state government to spend Rs 43,8,42 crore from consolidated fund.

    The House discussed and voted the demands for grants in respect of health and family welfare, irrigation and public health, public works and education; while remaining demands were passed without discussion.

    The budget was presented by Chief Minister Jai Ram Thakur, who also holds the finance portfolio, on March 9. No fresh tax was proposed in the budget, leaving the uncovered deficit of Rs 7,061 crore. The cumulative fiscal deficit has been pegged at Rs 7,821 crore. (PTI)

  • Mar 29, 08:48 PM (IST)

    Rs 71,633 crore transacted via PFMS portal on March 28: Finance Ministry

    The Finance Ministry said a "historic" Rs 71,633 crore was processed and routed through the PFMS portal on March 28. The Public Financial Management System (PFMS), administered by the Department of Expenditure, is an end-to-end solution for processing payments, tracking, monitoring, accounting, reconciliation and reporting. 

    It provides scheme managers with a unified platform for tracking releases and monitoring their last mile utilisation.

    "On March 28, an amount of Rs 71,633.45 crore has been digitally transacted/routed through PFMS Portal for 98,19,026 transactions. This is a historical record of the number of digital transactions processed in a single day," the ministry said in a statement.

    Of this, Rs 52,292 crore was transferred to state governments, while other digital payments by PAOs (Principal Accounts Office) were to the tune of Rs 13,040 crore. (PTI)

  • Mar 29, 08:40 PM (IST)

    Past forward: Companies now want to know you inside out

    Past forward: Companies now want to know you inside out

    Akhilesh Mishra (name changed), who had applied for a senior management position at an engineering major was stumped when the recruitment firm told him that his social media posts were an issue with his prospective employer.

  • Mar 29, 08:21 PM (IST)

    Railways announces 20,000 additional jobs

    The railways will recruit 20,000 more people, in addition to filling up 90,000 vacancies announced earlier, Railway Minister Piyush Goyal said on Thursday.

    The available vacancies have now been increased to 1,10,000 from previously 90,000, he said in a tweet. "110,000 jobs in Railways for youth: One of the world's biggest recruitment drive gets even bigger," Goyal wrote on Twitter.

    Officials said more than two crore individuals have applied for different posts in railways in response to the jobs announcement earlier this year. The minister said there was a total of 9,000 job vacancies in the Railway Police Force (RPF) and Railway Protection Special Force (RPSF) and more than 10,000 other additional jobs up for grabs. (PTI)

  • Mar 29, 08:07 PM (IST)

    SC collegium breaks traditions, interacts with to be HC judges

    In an apparent effort to ward off criticism of opaqueness, the Supreme Court collegium has broken the tradition by interacting with as many as 12 lawyers and trial court judges who were recommended for appointment as permanent judges in the Calcutta and Madhya Pradesh High Courts.

    The apex court collegium, comprising Chief Justice Dipak Misra and two senior-most judges justices J Chelameswar and Ranjan Gogoi, created a history of sorts by conducting an informal interview of the persons who were shortlisted by the respective High Court collegiums.

    The Supreme Court collegium considered various materials, including the views of the state Chief Ministers as forwarded by their respective Governors and the Intelligence Bureau reports. (PTI)

  • Mar 29, 07:54 PM (IST)

    Facebook privacy debate shows most countries not ready for digital economy: UN

    The ongoing Privacy concern raised after the Facebook data scandal illustrates that most countries are ill-prepared for the digital economy, the United Nations has said.

    The Internet user growth is booming and with more people ever purchasing goods and services online, protecting their privacy must be a top priority, UN Conference on Trade and Development (UNCTAD), the main UN agency dealing with the economics of globalisation, said.

    The privacy concerns raised after the revelation that a political data firm gained access to millions of Facebook users without their consent signals to the larger problem that nations need to be prepared more for a world of e-commerce, UNCTAD said. (PTI)
     

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