ICAI favours keeping banks’ current advance limit unchanged
August 24th, 2012 - 9:07 pm ICT by IANS
Kolkata, Aug 24 (IANS) The Institute of Chartered Accountants of India (ICAI) will appeal to the finance minister to retain the current advance limit of bank branches for purpose ... Read more...
Posted in Business |
Maharashtra government set to face opposition ire
July 8th, 2012 - 4:02 pm ICT by IANS
Mumbai, July 8 (IANS) Three weeks after a fire gutted the Maharashtra seccretariat, the Democratic Front government is preparing to face the opposition's ire over a host of issues ... Read more...
Posted in Politics |
Inflation to soften by mid-October: Kaushik Basu
July 3rd, 2012 - 8:51 pm ICT by IANS
Chennai, July 3 (IANS) Inflation would continue at the 7.5 percent level till September this year, after which it is likely to go below 7 per cent, Kaushik Basu, chief ... Read more...
Posted in Business |
Patna’s own Marine Drive project set to take off
May 20th, 2012 - 3:33 pm ICT by IANS
Patna, May 20 (IANS) Eight construction companies, including Gammon, Nagarjun and Reliance, have shown keenness to construct the proposed 40-km driveway along the banks of the Ganga river in Patna ... Read more...
Posted in Business |
Haryana seeks Rs 3,000 crore from centre
April 22nd, 2012 - 4:04 pm ICT by IANS
Chandigarh, April 22 (IANS) Haryana has sought Rs.3,000 crore from the central government to compensate for the loss of revenue due to the reduction of central sales tax (CST) rates ... Read more...
Posted in Business |
Jewellers extend shutdown by two more days
March 19th, 2012 - 11:20 pm ICT by IANS
Kolkata, March 19 (IANS) The All India Gems and Jewellery Trade Federation Monday extended by two more days their strike to protest the government's budget proposal to hike basic customs ... Read more...
Posted in Uncategorized |
Goa industry unhappy with budget
March 16th, 2012 - 6:40 pm ICT by IANS
Panaji, March 16 (IANS) Industry captains in Goa have reacted unhappily with the union budget presented Friday by Finance Minister Pranab Mukherji.While the state's apex business guild, the Goa Chamber ... Read more...
Posted in Business |
New Punjab chief secretary, police chief appointed
March 15th, 2012 - 12:15 am ICT by IANS
Chandigarh, March 14 (IANS) The Punjab government Wednesday evening appointed Rakesh Singh, a 1978 batch IAS officer as new chief secretary of the state. Sumedh Singh Saini has been appointed ... Read more...
Posted in Politics |
Delhi zoo looks at better upkeep - with its own revenue
February 10th, 2012 - 5:39 pm ICT by IANS
New Delhi, Feb 10 (IANS) There is good news for the Delhi zoo that attracts nearly 8,000 visitors every weekend and houses over 1,000 varieties of animals and birds, but ... Read more...
Posted in Business |
Singhvi takes on Amit Mitra over central funds for Bengal
February 8th, 2012 - 10:06 pm ICT by IANS
Kolkata, Feb 8 (IANS) Firing a fresh salvo in the latest standoff with the Trinamool Congress over central assistance for West Bengal, the Congress Wednesday accused the state government ... Read more...
Posted in Politics |
Four Nigerians held for cheating
February 1st, 2012 - 12:39 am ICT by IANS
New Delhi, Jan 31 (IANS) Four Nigerians have been arrested for cheating by using official logos of the union finance ministry, the Airports Authority of India and the International Cricket ... Read more...
Posted in Uncategorized |
Panchayat system to be boosted in Maoist-affected districts: Ramesh
January 26th, 2012 - 12:53 am ICT by IANS
Kolkata, Jan 25 (IANS) With a view to accelerate rural development in left-wing extremism affected districts of West Bengal, union Rural Development Minister Jairam Ramesh Wednesday said the government would ... Read more...
Posted in Business |
Bank union threatens one-day strike in March
January 18th, 2012 - 11:12 pm ICT by IANS
Kolkata, Jan 18 (IANS) A bank employees union threatened to stage a one-day strike in public sector banks in March across the country if the central government does not accept ... Read more...
Posted in Business |
Hike in iron ore export duty irks Goa mining industry
January 4th, 2012 - 4:18 pm ICT by IANS
Panaji, Jan 4 (IANS) A recent decision of the union finance ministry to hike export duty on iron ore from 20 percent to 30 percent has irked trade organisations ... Read more...
Posted in Business |
Eurozone poses fresh tension to global economy: Basu
November 5th, 2011 - 12:34 am ICT by IANS
Kolkata, Nov 4 (IANS) Terming Europe as the "trouble zone", the union finance ministry's Chief Economic Advisor Kaushik Basu Friday said the region creates a tension to the world economy."Some ... Read more...
Posted in Business |
Rs.16 crore credit card racket busted in Bangalore
October 28th, 2011 - 10:07 pm ICT by IANS
Bangalore, Oct 28 (IANS) The cyber crime branch of Karnataka Police arrested five people, including a woman kingpin, for defrauding foreign nationals of funds equivalent to around Rs.16 crore (Rs.160 ... Read more...
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DMK guarded as Jayalalithaa calls for Chidambaram’s ouster
September 22nd, 2011 - 9:57 pm ICT by IANS
Chennai, Sep 22 (IANS) Tamil Nadu Chief Minister Thursday said P. Chidambaram should be sacked from the union cabinet over the 2G spectrum scam, while a cautious opposition DMK ... Read more...
Posted in Politics |
Government reluctant to decontrol diesel prices: Parikh
August 26th, 2011 - 5:29 pm ICT by IANS
Kolkata, Aug 26 (IANS) Economist Kirit S. Parikh, who heads the panel constituted by Prime Minister Manmohan Singh for oil pricing reforms, Friday said the government was reluctant to ... Read more...
Posted in Business |
RBI wants to reduce inflation to 6-7 percent
August 12th, 2011 - 10:17 pm ICT by IANS
Kolkata, Aug 12 (IANS) The Reserve Bank of India is looking at bringing down inflation to 6-7 percent in the immediate term, and to between 3-4 percent in the longer ... Read more...
Posted in Business |
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 |
West Bengal plans textile policy review
July 23rd, 2011 - 7:35 pm ICT by IANS
Kolkata, July 23 (IANS) West Bengal Minister Manas Bhunia said Saturday that his micro and small scale enterprises and textiles department is planning to set up a committee ... Read more...
Posted in Business |
$315 mn ADB loan for Karnataka road projects
July 20th, 2011 - 11:54 pm ICT by IANS
New Delhi, July 20 (IANS) The Asian Development Bank (ADB) is giving a $315 million loan for improving state highways in Karnataka. This is the first loan assistance from ADB ... Read more...
Posted in Business |
Kerala to get $200 mn World Bank aid
July 4th, 2011 - 9:12 pm ICT by IANS
Thiruvananthapuram, July 4 (IANS) The Indian government and the World Bank Monday signed an agreement for a loan of $200 million for a Kerala government project aimed at strengthening local ... Read more...
Posted in Business |
CVC bans Corporation Bank from awarding tenders
July 2nd, 2011 - 6:01 pm ICT by IANS
Chennai, July 2 (IANS) The Central Vigilance Commission (CVC) that probed irregularities in the public sector Corporation Bank has asked it not to issue or award tenders for appointment of ... Read more...
Posted in Business |
Finance ministry vetting infrastructure debt fund scheme: Montek
June 10th, 2011 - 9:33 pm ICT by IANS
Bangalore, June 10 (IANS) The union finance ministry is examining a proposal to set up an infrastructure debt fund for financing infrastructure projects across the country during the 12th ... Read more...
Posted in Business |
Various measures to solve Bengal’s financial problems: Pranab
May 30th, 2011 - 2:57 am ICT by IANS
Kolkata, May 29 (IANS) Union Finance Minister and Congress stalwart Pranab Mukherjee Sunday said both short-term and long-term measures are necessary to solve West Bengal's critical financial problem."In order ... Read more...
Posted in Politics |
Pranab to meet Mamata to discuss financial situation
May 28th, 2011 - 2:27 pm ICT by IANS
Kolkata, May 28 (IANS) Union Finance Minister Pranab Mukherjee Saturday said he would discuss the financial situation of West Bengal with Chief Minister Mamata Banerjee and state Finance Minister ... Read more...
Posted in Politics |
RBI to open more offices in northeast
May 5th, 2011 - 3:28 pm ICT by IANS
Agartala, May 5 (IANS) The Reserve Bank of India (RBI) will set up offices in all northeastern states for better monitoring of banking services in the region, a senior official ... Read more...
Posted in Business |
No consensus on Goods and Services Tax: Official
April 13th, 2011 - 10:46 pm ICT by IANS
Kolkata, April 13 (IANS) The central government and the states have failed to reach a consensus on the rollout of the Goods and Services Tax (GST) despite a four-year dialogue, ... Read more...
Posted in Uncategorized |
Sack, arrest Goa minister Monserrate: BJP
April 8th, 2011 - 1:00 am ICT by IANS
New Delhi, April 7 (IANS) The Bharatiya Janata Party (BJP) Thursday demanded sacking and arrest of Goa Education Minister Atanasio Monserrate, who was detained at the Mumbai international airport ... Read more...
Posted in Uncategorized |
Service tax ‘negative list’ being considered: official
April 7th, 2011 - 7:23 pm ICT by IANS
Kolkata, April 7 (IANS) A "negative list" of service tax, or a list of services not attracting the tax, is being mulled and public debate on the measure will ... Read more...
Posted in Uncategorized |
Supreme Court to hear Ratan Tata plea to stop Radia tapes
April 1st, 2011 - 2:00 pm ICT by ANI
New Delhi, Apr 1 (ANI): The Supreme Court will hear Tata Group chairman Ratan Tata' plea to stop further publication of the contents of corporate lobbyist Niira Radia tapes today.Tata is ... Read more...
Posted in National |
Hosiery, garment industry on indefinite shut down
March 26th, 2011 - 12:27 am ICT by IANS
Kolkata, March 25 (IANS) The Federation of Hosiery Manufacturers Association of India has called for an indefinite shut down for hosiery and garment industry all over India, demanding withdrawal ... Read more...
Posted in Business |
Buddhadeb is ’shame’ of democracy, says Trinamool
March 24th, 2011 - 12:17 am ICT by IANS
Kolkata, March 23 (IANS) The Trinamool Congress Wednesday termed West Bengal Chief Minister Buddhadeb Bhattacharjee the "shame" of democracy and said he was confused about constitutional norms."For us, Buddadebbabu ... Read more...
Posted in Politics |
Special law, gaming commission for Goa casinos
March 17th, 2011 - 8:47 pm ICT by IANS
Panaji, March 17 (IANS) Casino operations in Goa will now be governed by a special regulation and a gaming commission, Chief Minister Digambar Kamat said in his budget speech here ... Read more...
Posted in Business |