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Breaking News

  • Karzai: Obama promises to increase aid to Afghanistan, fight terrorism in 'region' -- AP
  • AP: Lawrence Summers to be named Director of National Economic Council during Monday's press conference.
  • AP: President-elect Obama to name New York Federal Reserve Chairman Geithner as Treasury Secretary in a press conference on Monday.
  • OBAMA TO ANNOUNCE GEITHNER AT TREASURY, SUMMERS AS DIRECTOR OF NATIONAL ECONOMIC COUNCIL -- AP SOURCES (BULLETIN)
  • Twelve firefighters have been injured, 5 of them critical, when two fire trucks en-route to a fire in New York City collided.
via @BreakingNewsOn

CCEA bid to improve weavers living condition in Varanasi and Assam

November 20th, 2008 - 5:58 pm ICT by ANI -
New Delhi, Nov 20 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its approval to the implementation of the Comprehensive Handloom Cluster Development Scheme at Varanasi (UP) and ...

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Home Ministry team visits Assam

November 19th, 2008 - 8:26 pm ICT by ANI -
New Delhi, Nov 19 (ANI): A Central team led by the Secretary (Border Management) in the Ministry of Home Affairs Jarnail Singh visited Assam on November 17-18 . On November 17th, ...

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We have not discriminated against Madhya Pradesh: Congress

We have not discriminated against Madhya Pradesh: Congress

November 13th, 2008 - 9:56 pm ICT by IANS -
Bhopal, Nov 13 (IANS) The Congress Thursday refuted the Bharatiya Janata Party's (BJP) charge that the central government was discriminating against Madhya Pradesh in devolution of funds and said the state got ...

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Ex-Pak PM Shaukat Azizs foreign visits cost exchequer Rs 100 crore

November 11th, 2008 - 3:22 pm ICT by ANI -
Islamabad, Nov 11 (ANI): Former Pakistan prime minister Shaukat Aziz made as many as 50 foreign visits between 2004 and 2007, costing the national exchequer more than Rs one billion (Rs ...

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Manmohan Singh rules out immediate cut in fuel prices

November 11th, 2008 - 2:48 pm ICT by ANI -
Onboard Air India One, Nov.11 (ANI): The Prime Minister, Dr. Manmohan Singh, on Tuesday, ruled out any immediate cut of fuel prices, saying that such a measure could not be considered ...

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SKS Microfinance raises Rs. 366 Crore

November 10th, 2008 - 9:51 pm ICT by ANI -
Hyderabad, Nov 10 (ANI/Business Wire India): SKS Microfinance Pvt. Ltd. has announced the closure of a fourth round of equity funding in which it has raised 75 million dollar (Rs. 366 ...

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Blasts-scarred Guwahati in no mood to play

November 9th, 2008 - 12:51 pm ICT by IANS -
Guwahati, Nov 9 (IANS) Ten days after a string of blasts rocked this business centre of the northeast, the atmosphere is still sombre. Businessmen are doing all to uplift the mood - ...

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Government will spend Rs.250 bn to pump-prime economy: Kamal Nath

November 9th, 2008 - 12:02 pm ICT by IANS -
New Delhi, Nov 9 (IANS) The government will pump-prime the economy by investing Rs.250 billion (Rs.25,000 crore) in areas like infrastructure but without worsening the country's fiscal deficit situation, Commerce Minister Kamal ...

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Jharkhand to set up food processing park

November 6th, 2008 - 7:22 pm ICT by IANS -
Ranchi, Nov 6 (IANS) Jharkhand will set up a food processing park here at an investment of Rs.1 billion (Rs.100 crore) funded by the central government."The central government has approved Rs.100 crore ...

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SBI loans to be cheaper

SBI loans to be cheaper

November 6th, 2008 - 6:46 pm ICT by ANI -
Mumbai, Nov 6 (ANI): State Bank of India loans will now be cheaper with the bank deciding to cut its Prime Lending Rate (PLR) by 0.75 per cent from Monday. SBI Chairman ...

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Biotechnology industry partnership programme approved

November 6th, 2008 - 4:41 pm ICT by ANI -
New Delhi, Nov 6 (ANI): The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for launching of a new scheme on Biotechnology Industry Partnership Programme An advanced technology science ...

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Chidambaram for banks to consider lowering interest rates

November 2nd, 2008 - 7:20 pm ICT by ANI -
New Delhi, Nov 2 (ANI): Union Finance Minister P Chidambaram on Sunday said he will ask the public sector banks to consider lowering lending rates to ease the liquidity crunch in ...

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Governor Kashmir for timely execution of economic reconstruction projects

November 1st, 2008 - 4:28 pm ICT by ANI -
Srinagar, Nov 1 (ANI): Jammu and Kashmir Governor N N Vohra today called for an effective management policy for timely completion of the projects being executed by Economic Reconstruction Agency (ERA) ...

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Grant of 2G spectrum to new players justified

October 31st, 2008 - 10:05 pm ICT by IANS -
New Delhi, Oct 31 (IANS) The government Friday said it would not have been possible to levy higher spectrum usage charges in case the second generation (2G) spectrum was auctioned and not ...

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Reliance Communications net up 17.3 percent

October 31st, 2008 - 9:02 pm ICT by IANS -
New Delhi, Oct 31 (IANS) Reliance Communications (RCom) Friday said its net profit rose 17.3 percent to $330 million (Rs.1,531 crore) for the quarter ended Sep 30.The company registered a net profit ...

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Airtel revenue up 42 percent, touches Rs.90 bn (Second Lead)

October 31st, 2008 - 5:59 pm ICT by IANS -
New Delhi, Oct 31 (IANS) Telecom major Bharti Airtel Friday said its consolidated revenue has grown 42 percent to Rs.90.2 billion (Rs.9,020 crore) in the quarter ended Sep 30.Bharti's net income stood ...

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Cabinet approves scheme to provide drinking water in schools

October 31st, 2008 - 4:28 pm ICT by ANI -
New Delhi, Oct 31 (ANI): The Union Cabinet today approved an ambitious scheme to provide stand-alone drinking water system to one lakh schools across the country, which will be implemented from ...

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Airtel revenue up 42 percent to Rs.90 bn (Lead)

October 31st, 2008 - 2:27 pm ICT by IANS -
New Delhi, Oct 31 (IANS) Telecom major Bharti Airtel Ltd Friday said its consolidated revenue grew 42 percent to Rs.90.2 billion (Rs.9,020 crore) for the quarter ended Sep 30, 2008.Its net income ...

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Airtel revenue up 42 percent

October 31st, 2008 - 11:52 am ICT by IANS -
New Delhi, Oct 31 (IANS) Telecom major Bharti Airtel's Ltd Friday said that its total revenue grew by 42 percent for the quarter ended Sep 30, 2008.The company announced its audited US ...

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V K Malhotra looking for ‘’scams” in Delhi government

V K Malhotra looking for ‘’scams” in Delhi government

October 29th, 2008 - 7:49 pm ICT by ANI -
New Delhi, Oct 29 (ANI): The Bharatiya Janata Partys Chief Ministerial candidate for Delhi, V K Malhotra has alleged that a number of "scandals had taken place during the Congress rule ...

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Unitech Wireless offloads 60 percent stake in Norwegian firm

October 29th, 2008 - 2:43 pm ICT by IANS -
New Delhi, Oct 29 (IANS) Norwegian telecom giant Telenor has picked up a controlling 60 percent stake in Unitech Wireless, the telecom arm of real estate major Unitech Ltd. In a regulatory ...

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Supreme Court says Courts cannot invoke contempt powers arbitrarily

October 27th, 2008 - 9:14 pm ICT by ANI -
New Delhi, Oct 27 (ANI): The Supreme Court has ruled that the power of contempt cannot be exercise by a court in an arbitrary manner as the objective of such proceedings ...

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Bajaj Auto second quarter net down 38.6 percent

October 23rd, 2008 - 7:07 pm ICT by IANS -
Mumbai, Oct 23 (IANS) Bajaj Auto, the country's second largest two-wheeler manufacturer, has posted a net profit of $4.1 million (Rs.185 crore or Rs.1.85 billion) in the second quarter this fiscal, down ...

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India aims for boxing, wrestling, archery medals at London Olympics

October 23rd, 2008 - 5:55 pm ICT by IANS -
New Delhi, Oct 23 (IANS) India should win medals in boxing, wrestling and archery at the 2012 London Olympics, parliament was informed Thursday."We have earmarked Rs.678 crore (Rs.6.78 billion) for the next ...

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President Pratibha Patil to visit Meghalaya today

President Pratibha Patil to visit Meghalaya today

October 22nd, 2008 - 11:30 am ICT by ANI -
Shillong, Oct 22 (ANI): President Pratibha Patil will arrive in Meghalaya today to attend the centenary celebration of the Laban Bengali Girls Higher Secondary School. During her visit, President Patil is also ...

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Deora to meet oil firms and airlines to resolve fuel bill impasse today

Deora to meet oil firms and airlines to resolve fuel bill impasse today

October 22nd, 2008 - 8:29 am ICT by ANI -
New Delhi, Oct.22 (ANI): Petroleum and Natural Gas Minister Murli Deora will meet with representatives of state-run oil companies and private airlines here today in a bid to resolve their dispute ...

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Decline in fuel prices bound to push down inflation: Chidambaram

October 21st, 2008 - 10:31 pm ICT by ANI -
New Delhi, Oct 21 (ANI): Finance Minister P.Chidambaram today said with the gradual decline of fuel prices in the international market inflation will come down. He ruled out the reduction in ...

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Haryana lowers tax on Maruti-Suzuki vehicles

October 21st, 2008 - 8:13 pm ICT by IANS -
Chandigarh, Oct 21 (IANS) The Haryana cabinet Tuesday reduced the rate of central sales tax on inter-state sales of Maruti-Suzuki vehicles from two percent to one percent to provide the auto major ...

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Deora to meet oil firms and airlines to resolve fuel bill impasse

Deora to meet oil firms and airlines to resolve fuel bill impasse

October 21st, 2008 - 6:58 pm ICT by ANI -
New Delhi, Oct.21 (ANI): Petroleum and Natural Gas Minister Murli Deora will meet with representatives of state-run oil companies and private airlines on Wednesday in a bid to resolve their dispute ...

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Speedy electrification of Indian Railways

October 21st, 2008 - 5:36 pm ICT by ANI -
New Delhi, Oct 21 (ANI): Union Minister of Railways Lalu Prasad Yadav today said that Indian Railways is the lifeline of the nation and it is necessary to run fast moving ...

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