(Monday, 21 May 2012 09:00)
New Delhi, May 21: The food ministry has supported the suggestion of Rangarajan panel to allow export of 2 million tons of wheat from government stocks immediately to ease pressure on storages, the Rajya Sabha was informed today. Replying to
(Monday, 21 May 2012 04:30)
Mumbai, May 21: The rupee today fell marginally by 5 paise to 54.47 against the US dollar in early trade on the Interbank Foreign Exchange due to increased demand for the American currency from importers. Forex dealers said firm demand
(Sunday, 20 May 2012 06:30)
Kolkata, May 20: Finance Minister Pranab Mukherjee today said the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation. "It is a matter of great concern. We are watching
(Sunday, 20 May 2012 05:30)
New Delhi, May 20: Five months after its accounts were frozen for non-payment of taxes and duties, crisis-ridden Air India has piled up about Rs 454 crore of dues but has promised to clear it as soon as it gets capital
(Friday, 18 May 2012 18:30)
New Delhi, May 18: An investors group moved the Delhi High Court seeking a direction to market regulator SEBI to take action against over 2,000 firms, barred from trading through NSE and BSE for allegedly not complying with the listing terms
(Friday, 18 May 2012 18:30)
Poonch (J&K), May 18: Goods worth over Rs 1.29 crore were traded between Jammu and Kashmir and Pakistan Occupied Kashmir (PoK) along the Line of Control at Chakan-Da-Bagh crossing point here, officials said. As many as four trucks rolled out
(Friday, 18 May 2012 08:30)
New Delhi, May 18: Vijay Mallya-promoted Kingfisher Airlines owes Rs 269.06 crore income tax and I-T Department has initiated penalty and prosecution proceedings against the private carrier, Government informed the Lok Sabha today. Kingfisher Airlines was found to have deducted
(Thursday, 17 May 2012 19:00)
Mumbai, May 17: Maharashtra is in the process of preparing an exit policy for SEZ developers and then convert the surrendered land-banks into local industrial parks, as the Centre is unlikely to rollback its decision to tax such clusters, Chief Minister
(Thursday, 17 May 2012 04:30)
Mumbai, May 17: After plunging to a record low in yesterday's trade, the rupee recovered by 27 paise to trade at 54.23 against the dollar on the Interbank Foreign Exchange market in early trade today on selling of US currency by
(Thursday, 17 May 2012 03:50)
New Delhi, May 17: Petrol is likely to see Rs 5 per litre hike, while diesel by Rs 3 per litre after the Parliament's budget session ends on May 22 owing to the losses suffered by oil companies.Talking about the price
(Thursday, 17 May 2012 02:56)
New Delhi, May 16: Worried over deteriorating global economic situation and its impact on India, the government on Wednesday announced that it would resort to "unpopular" austerity measures to deal with fiscal problems but made it clear there is no pressing of
(Wednesday, 16 May 2012 18:30)
New Delhi, May 16: A former chief of TRAI today told a Parliamentary panel that the decision to invite limited bidders for the telecom regime change in 1999 was taken by the government and the regulator had no role in it.
(Wednesday, 16 May 2012 10:00)
New Delhi, May 16: As the rupee hit its record low level of Rs 54.46 against the dollar, the Finance Ministry today said there was no need to panic and the slide would be contained when there is certainty in eurozone
(Wednesday, 16 May 2012 08:30)
New Delhi, May 16: As the rupee touched a record low, opposition today questioned the government in the Lok Sabha on the steps being taken to tackle the situation as it feared that there could be a repeat of 1991, when
(Wednesday, 16 May 2012 08:15)
Mumbai, May 16: The rupee tumbled 67 paise to all-time low of Rs 54.46 against the US dollar on the forex market during the midsession today on increased capital outflows and strong demand from importers. Traders said the Reserve Bank's
(Wednesday, 16 May 2012 07:00)
New Delhi, May 16: In an attempt to restore normalcy, Air India today began international operations to the US and Europe as part of its contingency plan even as striking pilots asked the government to initiate preliminary talks. As the
(Tuesday, 15 May 2012 08:45)
Mumbai, May 15: Maldives President Mohamed Waheed Hassan today evinced keen interest in forging trade and economic relations with Maharashtra. The visiting dignitary, who is on a five-day tour of India, met Maharashtra Governor K Sankaranarayanan and Chief Minister Prithviraj
(Tuesday, 15 May 2012 08:00)
New Delhi, May 15: Concerned over the adverse impact of fertilisers on soil and crops, government plans to reduce subsidy on it and divert funds to organic manures, bio-fertilisers, green manures and promotion of organic farming. "During the first Green
(Tuesday, 15 May 2012 06:45)
Mumbai, May 15: The rupee was trading 10 paise up at 53.86 against the American currency in the mid-session after touching 54-level in the morning trade due to fresh selling of dollars by banks and exporters. The rupee resumed lower
(Monday, 14 May 2012 09:45)
Chennai, May 14: As part of efforts to tap more investments in the state, Tamil Nadu government today signed Memorandum of Understandings with five automobile majors with an investment of at least Rs 5,700 crore to create 9,530 jobs. The