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China follows Indian cue, enters Nepal’s hydropower sector

November 8th, 2009 - 4:08 pm ICT by IANS -
By Sudeshna Sarkar Kathmandu, Nov 8 (IANS) Nepal's northern neighbour China has picked up the cue from its business rival in the region India to gradually consolidate its toehold in this water-rich country's ...

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Financing terrorism to be an offence in Pakistan

November 4th, 2009 - 5:09 pm ICT by IANS -
Islamabad, Nov 4 (IANS) Financing terrorism would become a criminal offence in Pakistan as the Anti-Money Laundering Bill has been approved, a media report said. The National Assembly Standing Committee on Finance Tuesday ...

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China lends Nepal $200mn for infrastructure

November 4th, 2009 - 4:56 pm ICT by IANS -
Kathmandu, Nov 4 (IANS) Nepal's northern neighbour China Wednesday pledged a soft loan of $200 million for infrastructure-related projects in the Himalayan republic, including a 61 MW hydropower project. The Upper Trishuli power ...

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Nepal leader to seek India’s advice as Maoists cripple government

Nepal leader to seek India’s advice as Maoists cripple government

November 3rd, 2009 - 1:32 pm ICT by IANS -
Kathmandu, Nov 3 (IANS) The chief of Nepal's ruling party is heading for New Delhi on a week-long visit Tuesday for consultations with Indian leaders after the republic's political parties failed ...

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Pranab Mukherjee to inaugurate Economic Editors’ conference today

Pranab Mukherjee to inaugurate Economic Editors’ conference today

November 3rd, 2009 - 11:08 am ICT by ANI -
New Delhi, Nov 3 (ANI): Finance Minister Pranab Mukherjee will inaugurate the two-day Annual Economic Editors' Conference in the National Media Centre, here today. There will be separate sessions with the Ministers ...

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Pranab Mukherjee to inaugurate Economic Editors’ conference

Pranab Mukherjee to inaugurate Economic Editors’ conference

November 2nd, 2009 - 6:02 pm ICT by ANI -
New Delhi, Nov 2 (ANI): Finance Minister Pranab Mukherjee will inaugurate the two-day Annual Economic Editors' Conference in the National Media Centre, here on Tuesday. There will be separate sessions with the ...

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Country’s economy is responding well, says Mukherjee

Country’s economy is responding well, says Mukherjee

October 27th, 2009 - 9:24 pm ICT by ANI -
New Delhi, Oct 27 (ANI): Union Finance Minister Pranab Mukherjee said on Tuesday that the country's economy is responding well. Addressing the media here, Mukherjee said: "The economy, I would like to ...

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New initiative to promote skill development launched

New initiative to promote skill development launched

October 20th, 2009 - 8:06 pm ICT by IANS -
New Delhi, Oct 20 (IANS) Finance Minister Pranab Mukherjee Tuesday launched the National Skill Development Corp as a public-private initiative to help hone the talent of India's workforce in 21 high-growth ...

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Remove VAT on handloom-based fashion products, government urged

October 14th, 2009 - 6:13 pm ICT by IANS -
New Delhi, Oct 14 (IANS) The Associated Chambers of Commerce and Industry (Assocham) has urged the government to remove the value-added tax (VAT) on fashion products with more than 50 percent handloom ...

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Air India opens booking office at North Block

October 13th, 2009 - 5:09 pm ICT by IANS -
New Delhi, Oct 13 (IANS) National carrier Air India has opened a booking office at North Block, home to several ministries, after the government made it mandatory for all government officials to ...

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Industry body seeks changes in new direct tax code

Industry body seeks changes in new direct tax code

October 10th, 2009 - 11:06 pm ICT by IANS -
New Delhi, Oct 10 (IANS) An industry body Saturday urged the government to remove some provisions in the Direct Tax Code draft, especially those taxing capital gains arising on indirect transfer ...

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Government cautions taxpayers against fake refund email

October 6th, 2009 - 9:20 pm ICT by IANS -
New Delhi, Oct 6 (IANS) Five days after a fake email notice that purports to come from the Income Tax Department started making the rounds among taxpayers, the government Tuesday cautioned them, ...

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Invest 5 percent of provident fund in equities: Assocham

October 4th, 2009 - 2:27 pm ICT by IANS -
New Delhi, Oct 4 (IANS) The Associated Chambers of Commerce and Industry (Assocham) has urged the central government to allow the Employees Provident Fund Organisation (EPFO) to invest at least 5 percent ...

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IAF eyes ambitious modernisation as it turns 77

October 1st, 2009 - 7:59 pm ICT by IANS -
New Delhi, Oct 1 (IANS) The Indian Air Force (IAF), which will be completing 77 years next week, has planned an ambitious modernisation drive that will see a quantum jump in its ...

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Japan logs trade surplus in August, exports shrink

September 24th, 2009 - 2:14 pm ICT by IANS -
Tokyo, Sep 24 (DPA) Japan posted a trade surplus for the seventh straight month in August, compared to a deficit in the same month the previous year, the finance ministry said Thursday. The ...

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Dual listing for Bharti-MTN linked to full convertibility: Mukherjee

Dual listing for Bharti-MTN linked to full convertibility: Mukherjee

September 23rd, 2009 - 10:18 pm ICT by IANS -
Kolkata, Sep 23 (IANS) A dual listing structure for the proposed Bharti-MTN deal is linked to full capital account convertibility and the legal implication of the matter needs to be looked ...

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Bharti stock down 3.28 percent as MTN deal gets costlier (Lead)

September 22nd, 2009 - 5:33 pm ICT by IANS -
Mumbai, Sep 22 (IANS) The scrip of telecom major Bharti Airtel fell 3.28 percent on the Bombay Stock Exchange (BSE) at end of trade Tuesday following reports that the company may have ...

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Bharti stock down 3 percent as MTN deal gets costlier

September 22nd, 2009 - 3:35 pm ICT by IANS -
Mumbai, Sep 22 (IANS) The scrip of telecom major Bharti Airtel fell about 3 percent on the Bombay Stock Exchange (BSE) on reports that the company may have to further sweeten its ...

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Communications ministry not involved in Bharti-MTN deal: Raja

September 22nd, 2009 - 3:04 pm ICT by IANS -
New Delhi, Sep 22 (IANS) Communications and IT Minister A. Raja Tuesday said the proposed $23-billion deal between telecom majors Bharti Airtel and South Africa's MTN was not under his ministry's ambit. ...

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Pak won’t allow US to cross ‘red line’ under any circumstances: FO

September 18th, 2009 - 3:32 pm ICT by ANI -
Islamabad, Sep.18 (ANI): Amid reports of a massive expansion of the US' Islamabad embassy, Pakistan has said that it would never allow the American troops to carry out military operations from its ...

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Finance Commission’s term extended by three months

September 17th, 2009 - 6:49 pm ICT by IANS -
New Delhi, Sep 17 (IANS) The government Thursday extended the term of the 13th Finance Commission by three months to Jan 31 next year. The commission, which was supposed to submit its ...

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Hatoyama Japan’s new PM

September 17th, 2009 - 8:57 am ICT by Nksagar -
Democratic Party of Japan leader was installed in a parliamentary vote two and a half weeks after his party's stunning election victory changed the country's political landscape. Prime Minister Yukio Hatoyama took power ...

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Japan sees historic political change with new government (Second Lead)

September 16th, 2009 - 9:25 pm ICT by IANS -
Tokyo, Sep 16 (DPA) One-time opposition leader Yukio Hatoyama was elected Japan's prime minister Wednesday by parliament, ushering in a sea change in Japanese politics. Both chambers of the Diet selected the 62-year-old ...

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Rural schools, colleges to get broadband connectivity

September 12th, 2009 - 7:54 pm ICT by IANS -
Chennai, Sep 12 (IANS) The government has decided to provide broadband connectivity to 5,000 schools and 20,000 colleges in rural and semi-urban areas to promote e-learning, Minister of State for Communications and ...

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Pak again asks US to release aid of 1.6 billion dollars

September 10th, 2009 - 10:41 pm ICT by ANI -
Islamabad, Sep.10 (ANI): Pakistan has asked the United States to immediately release 1.6 billion dollars to it under the Coalition Support Fund. Finance Ministry sources told the Dawn that a request has been ...

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UAE sets up public debt management unit

September 7th, 2009 - 11:19 pm ICT by IANS -
Abu Dhabi, Sep 7 (IANS) The United Arab Emirates (UAE) finance ministry has set up a special unit to manage public debt, WAM news agency reported Monday. The Public Debt Management Unit will, ...

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Tipaimukh dam, trade to top Delhi-Dhaka talks

Tipaimukh dam, trade to top Delhi-Dhaka talks

September 6th, 2009 - 1:13 pm ICT by IANS -
Dhaka, Sep 6 (IANS) A "congenial ambience" between Bangladesh and India would be of help when issues like Tipaimukh dam, trade and transit are taken up during the visit of Foreign ...

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100 days later, what next? (Capital Buzz)

100 days later, what next? (Capital Buzz)

August 30th, 2009 - 3:42 pm ICT by IANS -
New Delhi, Aug 30 (IANS) With the United Progressive Alliance (UPA) government having completed 100 days in office that many see as a mixed bag high on intent but not so ...

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Committee of Secretaries reviews Air India

August 29th, 2009 - 9:10 pm ICT by ANI -
New Delhi, Aug 29(ANI): The Committee of Secretaries (CoS) reviewing Air India met here on Saturday under the Chairmanship of Cabinet Secretary K M Chandrasekhar. This was the second meeting of the ...

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Style quotient low in Indian automobile designs: Official

August 28th, 2009 - 5:18 pm ICT by IANS -
New Delhi, Aug 28 (IANS) Dilip Chhabria may have made a mark as a noted car designer but the style quotient is low in the country's automobile sector, a top Indian official ...

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