Rural poverty alleviation project for northeast approved
November 16th, 2011 - 7:46 pm ICT by IANS
New Delhi, Nov 16 (IANS) The government Wednesday approved a Rs.683 crore project to improve the living standards of rural areas in four northeastern states -- Mizoram, Nagaland, Sikkim ... Read more...
Posted in Business |
Assam gas project cost rises to Rs.8,920 crore
November 16th, 2011 - 5:12 pm ICT by IANS
New Delhi, Nov 16 (IANS) The government Wednesday revised upward the cost estimate of the Assam Gas Cracker project to Rs.8,920 crore from the earlier Rs.5,460.61 crore due to ... Read more...
Posted in Uncategorized |
2G note: Pranab meets PM, Sonia
November 2nd, 2011 - 12:23 am ICT by IANS
New Delhi, Nov 1 (IANS) Finance Minister Pranab Mukherjee Tuesday met Prime Minister Manmohan Singh and Congress president Sonia Gandhi following revelations that his ministry's Match note on 2G ... Read more...
Posted in Politics |
World Bank offers India $975 mn loan for freight corridor
October 27th, 2011 - 8:30 pm ICT by IANS
New Delhi, Oct 27 (IANS) The World Bank has offered India a $975 million loan for developing a freight corridor that will help improve the movement of raw materials and ... Read more...
Posted in Business |
31 held in Iran for embezzlement
October 26th, 2011 - 9:03 am ICT by IANS
Tehran, Oct 26 (IANS) At least 31 people have been arrested and another 67 questioned for alleged involvement in a $2.6 billion embezzlement case in Iran, a top official has ... Read more...
Posted in World |
India, ADB mark 25 years of partnership
October 11th, 2011 - 5:09 pm ICT by IANS
New Delhi, Oct 11 (IANS) India and the Asian Development Bank (ADB) will next week mark 25 years of partnership and discuss ways to keep up the momentum of ... Read more...
Posted in Business |
Explain differences between ministers on 2G, BJP demands
October 3rd, 2011 - 9:09 pm ICT by IANS
New Delhi, Oct 3 (IANS) The Bharatiya Janata Party (BJP) Monday reiterated its demand to sack union Home Minister P. Chidambaram in the 2G spectrum scam, and sought to ... Read more...
Posted in Uncategorized |
Mega investment in Madhya Pradesh copper mine approved
September 30th, 2011 - 6:52 pm ICT by IANS
New Delhi, Sep 30 (IANS) The government Friday approved an investment of Rs.1,856.36 crore to develop an underground copper ore mine in Malanjkhand area of Madhya Pradesh."The cabinet committee on ... Read more...
Posted in Business |
2G case: Swamy gives apex court proof on Chidambaram’s role (Lead)
September 21st, 2011 - 11:06 pm ICT by IANS
New Delhi, Sep 21 (IANS) Janata Party president Subramanian Swamy Wednesday submitted to the Supreme Court documents indicating that Home Minister P. Chidambaram, as the then finance minister, ... Read more...
Posted in Politics |
Hindustan Copper not to raise fresh equity through FPO
September 20th, 2011 - 11:58 pm ICT by IANS
Kolkata, Sep 20 (IANS) Copper mining major Hindustan Copper (HCL) Tuesday said it does not require fresh equity through the proposed follow-on-public offer (FPO) to support its mining expansion plans."The ... Read more...
Posted in Uncategorized |
Finnish business delegation to visit India October
September 20th, 2011 - 8:49 pm ICT by IANS
Chennai, Sep 20 (IANS) Finland's Minister for Economic Affairs Jyri Hakamies will lead a 60 member delegation to India next month to concide with the inauguration of the Finnish Innovation ... Read more...
Posted in Business |
Rs.40,000 crore disinvestment target will be met: Official
September 13th, 2011 - 9:49 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government will be able to meet the targeted Rs.40,000 crore through divesting its stake in public sector undertakings during the current financial year, ... Read more...
Posted in Business |
IIFCL’s role to be expanded
September 13th, 2011 - 9:37 pm ICT by IANS
New Delhi, Sep 13 (IANS) The role of India Infrastructure Finance Company Ltd (IIFCL) will be expanded in terms of take-out financing and credit enhancement to help attract $1 trillion ... Read more...
Posted in Business |
India’s external debt rises to $305.9 bn
September 9th, 2011 - 9:30 pm ICT by IANS
New Delhi, Sep 9 (IANS) India's external debt rose to $305.9 billion by end-March 2011, registering a gain of $44.9 billion or 17.2 percent during the 2010-11 fiscal due to ... Read more...
Posted in Business |
Libyan rebels to negotiate with Russia on economic issues
September 5th, 2011 - 9:09 am ICT by IANS
Moscow, Sep 5 (IANS/RIA Novosti) Libya's rebel National Transitional Council (NTC) is ready to send its representatives to Moscow to hold talks with Russia on economic issues, Russia's foreign minister ... Read more...
Posted in Politics |
US lauds UAE troops’ mission in Afghanistan
September 5th, 2011 - 12:13 am ICT by IANS
Kabul, Sep 4 (IANS/WAM) The US has praised the humanitarian mission being carried out by the UAE's troops in Afghanistan.Richard Olson, the coordinating director for development and ... Read more...
Posted in Uncategorized |
5 percent equity divestment in BHEL cleared
August 30th, 2011 - 11:23 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Cabinet Committee on Economic Affairs Tuesday approved disinvestment of five percent paid up equity in Bharat Heavy Electricals Limited (BHEL), a public sector ... Read more...
Posted in Business |
Nicaragua ready to shelter Gaddafi
August 24th, 2011 - 3:16 pm ICT by IANS
Moscow, Aug 24 (IANS/RIA Novosti) Nicaragua would consider giving asylum to embattled Libyan leader Muammar Gaddafi if he asks for it, an aide to the Central American country's president told ... Read more...
Posted in World |
Hazare issue shows India a vibrant democracy: US diplomat
August 23rd, 2011 - 9:40 pm ICT by IANS
Mumbai, Aug 23 (IANS) Anna Hazare's anti-graft movement and indefinite hunger strike show that "India is a vibrant democracy", a top US official said here Tuesday."This (Hazare's agitation) shows that ... Read more...
Posted in Politics |
Cairn Energy tells Indian arm to accept government terms
August 23rd, 2011 - 4:51 pm ICT by IANS
Mumbai, Aug 23 (IANS) London-based oil major Cairn Energy's board Tuesday voted in favour of accepting conditions laid out by the government for allowing sale of 40 percent of its ... Read more...
Posted in Uncategorized |
Mathai in Thimphu, India highlights special ties
August 18th, 2011 - 11:28 pm ICT by IANS
New Delhi, Aug 18 (IANS) Making his first overseas trip since assuming charge over a fortnight ago, Foreign Secretary Ranjan Mathai called on Bhutan's monarch Jigme Khesar Namgyel Wangchuck in ... Read more...
Posted in Uncategorized |
ADB offers $52 mn loan to curb coastal erosion in India
August 17th, 2011 - 8:32 pm ICT by IANS
New Delhi, Aug 17 (IANS) The Asian Development Bank (ADB) Wednesday offered a $51.55 million loan to help curb coastal erosion in Karnataka and Maharashtra.This is the first tranche of ... Read more...
Posted in Business |
$200-mn ADB loan for Madhya Pradesh power projects
August 17th, 2011 - 7:24 pm ICT by IANS
New Delhi, Aug 17 (IANS) The Asian Development Bank (ADB) Wednesday offered a $200 million concessional loan to India to help improve electricity distribution in rural areas of Madhya Pradesh.This ... Read more...
Posted in Business |
Japan gives Pakistan $65 mn for polio eradication
August 16th, 2011 - 10:06 am ICT by IANS
Islamabad, Aug 16 (IANS) A Japanese government agency has signed a loan agreement with the Pakistan government to provide it funds up to 4,990 million yen (around $65 million) for ... Read more...
Posted in Uncategorized |
Cabinet gives nod to cheetahs, more funds for Project Tiger
August 12th, 2011 - 12:35 am ICT by IANS
New Delhi, Aug 11 (IANS) The Cabinet Committee on Economic Affairs (CCEA) Thursday approved re-introduction of cheetahs in Madhya Pradesh and Rajasthan and hike in Project Tiger estimates from Rs.650 ... Read more...
Posted in Environment |
10 percent NBCC divestment okayed
August 11th, 2011 - 11:41 pm ICT by IANS
New Delhi, Aug 11 (IANS) The government Thursday approved divestment of 10 percent of its equity holding in state-run construction and engineering firm National Buildings Construction
Corporation Limited (NBCC).In a ... Read more...
Posted in Business |
Libyan diplomats expelled from Denmark
August 10th, 2011 - 8:24 pm ICT by IANS
Copenhagen, Aug 10 (IANS) Two remaining Libyan diplomats serving in Denmark would be sent home within the next five days, the Danish foreign minister has said."The two remaining diplomats are ... Read more...
Posted in World |
Air India employees to get June, July salary by Monday
August 5th, 2011 - 6:21 pm ICT by IANS
New Delhi, Aug 5 (IANS) A day after receiving approval from the government on fresh equity worth Rs.1,200 crore, the Air India management Friday said salaries due to the ... Read more...
Posted in Business |
Rs.1,200 crore scholarship plan for Kashmir approved
August 4th, 2011 - 10:54 pm ICT by IANS
New Delhi, Aug 4 (IANS) The government Thursday approved a Rs.1.200 crore scholarships scheme for students in the job-starved Jammu and Kashmir to pursue higher studies outside the state.The ... Read more...
Posted in National |
Government to pump Rs.1,732 crore into Air India
August 4th, 2011 - 10:38 pm ICT by IANS
New Delhi, Aug 4 (IANS) In a bid to pump cash into the financially-troubled Air India, the government Thursday cleared a Rs.1,732 crore package for the flag carrier, that ... Read more...
Posted in Business |
Power ministry seeks $1.5 bn aid from World Bank
August 1st, 2011 - 7:53 pm ICT by IANS
New Delhi, Aug 1 (IANS) The government has sought financial assistance of about $1.5 billion from the World Bank to improve power infrastructure in the northeast, Power Minister Sushil ... Read more...
Posted in Business |
Peter Haas is new US consul-general in Mumbai
August 1st, 2011 - 3:08 pm ICT by IANS
Mumbai, Aug 1 (IANS) Peter Haas, an economist by training, took over as the new consul-general of the US consulate in Mumbai Monday, an official said.He replaces Paul Folmsbee, who ... Read more...
Posted in Uncategorized |
Chandy seeks ADB help for Kerala
July 29th, 2011 - 4:13 pm ICT by IANS
Thiruvananthapuram, July 29 (IANS) Kerala Chief Minister Oommen Chandy Friday sought the support of the Asian Development Bank (ADB) for the speedy development of the state.Chandy made the plea while ... Read more...
Posted in Uncategorized |
Government gives nod for Reliance Industries-BP deal
July 22nd, 2011 - 8:28 pm ICT by IANS
New Delhi, July 22 (IANS) The central government Friday gave its go-ahead to global energy major BP buying 30 percent stake in some of the oil and gas blocks held ... Read more...
Posted in Business |
BJP presses for Chidambaram’s ouster
July 9th, 2011 - 7:44 pm ICT by IANS
New Delhi, July 9 (IANS) Alleging that Home Minister P. Chidambaram was as guilty as former communications minister A. Raja in the 2G spectrum scam, the Bharatiya Janata Party ... Read more...
Posted in Politics |