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Ombudsman in every district for NREGS
Close on the heels of implementing an electronic benefit transfer (EBT) scheme for beneficiaries under the National Rural Employment Guarantee Act (NREGA), the Orissa government is in the process of appointing Ombudsmans for the works taken up under the scheme.

Back to the USSR: MEA culpa
A minor storm is brewing in Indo-Russian relations over Delhi’s refusal to transfer properties in the name of the Union Soviet and Socialist Republics (USSR) to the name of the Russian Federation, considered worldwide to be the inheritor state of the USSR.

News of the day

IRDA mulling cap on traditional products
After putting a cap on charges on unit- linked insurance plans (ULIPs) products, the insurance-sector regulator, Insurance Regulatory and Development Authority (IRDA) is mulling a similar move for traditional insurance products, a top official said.
Business Opportunities

Sensex flat; Tata Motors up 3%

The Sensex is now flat at 16,880, down 13 points. Among the sectoral indices, healthcare index has added 1.5% at 5,130. DLF has topped the value chart on the BSE with a turnover of Rs 86.07 crore. It is followed by Hero Honda (Rs 79.02 crore), Tata Steel (Rs 62.73 crore), HDIL (Rs 59.83 crore) and Unitech (Rs 46.37 crore). Unitech has led the volume chart on the BSE with trades of 5.74 million shares. It is followed by Cals Refineries (5.31 million), Suzlon Energy (5.25 million), Wire & Wireless (4.54 million) and Indowind Energy (3.57 million). The market breadth is fairly positive, out of 2,583 shares traded, 1,489 have advanced and 975 have declined so far on the BSE.


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