Indian economy on cusp of big growth phase: Government
New Delhi: The current position of the economy has positioned India on the cusp of a major phase of growth, Minister of State for...
India, US have stake in each other’s economic future: Indian envoy India,...
By Arun Kumar
Washington : India's lowering of barriers to investment and encouraging business expansion will help US and Indian companies to further increase their...
Eurozone lends 7 bn euros bridging loan for Greece
Athens: Eurozone ministers on Thursday agreed to give Greece a 7 billion euro (over 7 billion dollars) bridging loan from an EU-wide fund to...
Indian-origin hotelier and former banker admits to defrauding investor of $500,000
New York : A hotelier and former banker of Indian origin has admitted in a federal court to defrauding an investor of $500,000...
Greek’s parliament approves debt deal, reforms to avert Grexit
Athens : Greek's parliament on Thursday approved an omnibus draft bill ratifying the debt deal the government reached with creditors on Monday and...
Petrol, diesel rates cut by Rs.2 a litre
New Delhi: Oil marketer Indian Oil Corp on Wednesday cut petrol and diesel prices each by Rs 2.per litre effective midnight, following a fall...
Petrol, diesel prices to go up in Delhi
New Delhi: Petrol and diesel prices in Delhi will go up by Rs.2.78 and Rs.1.83 per litre respectively from Thursday as the AAP government...
Telecom minister to open Infocom meet Thursday
New Delhi: Communications and Information Technology Minister Ravi Shankar Prasad will on Thursday inaugurate a two-day conference on business, technology and leadership, Infocom, here...
China’s GDP posts seven percent growth in Q2
Beijing: China's economy posted a seven percent growth year-on-year in the second quarter of 2015, unchanged from the first quarter, the National Bureau of...
Iran n-deal reached
Vienna: After days of intense negotiations here, Iran and the six world powers have reached a deal intended to limit Tehran's nuclear programme in...
Greek banks shut till Thursday
Athens: The Greek government has announced that the bank closures introduced on June 29, will be extended to July 16 (Thursday), a media report...
Higher food prices stoke June retail inflation
New Delhi : Rise in food and fuel prices propelled India's retail inflation to 5.40 percent in June from 5.01 percent in May, official...
CNG stations to triple in NCR: Petroleum minister
New Delhi: The government plans to triple the current CNG stations in the national capital region (NCR) for boosting use of the clean fuel,...
Muslim Professionals Network launched a crowdfunding site for charity projects
By TCN News
Hyderabad: A network of Muslim professionals working for the empowerment and development of the community announced the launch of www.idohelp.org, an online...
TruJet airline commences operations
Hyderabad: Regional carrier TruJet commenced operations on Sunday, connecting Rajahmundry and Tirupati in Andhra Pradesh with Hyderabad.
Civil Aviation Minister P. Ashok Gajapathi Raju flagged...
Himachal allots Rs.414 crore for panchayats
Shimla: The Himachal Pradesh government has taken various initiatives to strengthen the Panchayati Raj institutions and has set aside a budget of Rs.414 crore...
Delhi Metro to hold training on ballastless tracks
New Delhi: Delhi Metro will conduct an advanced training programme on 'ballastless tracks' for the professionals of urban rail-based systems across the nation and...
Protests over Inner Line Permit issue halts normal life in Manipur
TwoCircles.net Staff Reporter,
Imphal: Unlike for most other citizens of the country, for Raees Ahmed, the ‘home-coming’ was ‘troublesome’ and rather a ‘curse’. The...
Goldman Sachs could be sued for helping hide Greece’s debts: Report
Athens : If Greece follows the advice of a former Goldman Sachs banker, the global investment banking firm could face legal action for...
Lucknow to get metro rail before 2017 polls: Akhilesh
Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday announced that the Lucknow Metro will begin running before the 2017 state assembly elections.
Addressing...
Bus manufacturing plant commissioned in Telangana
Hyderabad: Telangana Chief Minister K. Chandrasekhar Rao on Saturday inaugurated a Rs.300 crore bus manufacturing plant near here.
Set up by Deccan Auto Limited, it...
Greece PM admits making major concessions to creditors
Athens : The Greek government's latest proposal to creditors includes many concessions for the sake of remaining in the Eurozone, Prime Minister Alexis Tsipras...
France calls Greek proposal ‘serious and credible’
Paris : French President Francois Hollande voiced his optimism for the Eurogroup to reach an agreement over Greece's bailout based on the economic program...
India inks US Foreign Account Tax Compliance Act
New Delhi : India and the US on Thursday signed an inter-governmental agreement to implement the Foreign Account Tax Compliance Act (FATCA) towards greater...
China, South Africa see greater role for BRICS in international affairs
Ufa (Russia) : China and South Africa agreed here on Thursday to stand together to safeguard the common interests of emerging market economies and...
India set to grow faster than China at 7.5 percent: IMF
By Arun Kumar
Washington : Keeping its projections for India and China unchanged, the International Monetary Fund on Thursday forecast that India will grow...
Vodafone M-Pesa joins hands with Walmart India
New Delhi: Vodafone India has entered into a strategic tie-up with Walmart India that will enable its business members of six Best Price Modern...
BRICS bank to consider new memberships within six months
Ufa (Russia) : The BRICS New Development Bank will consider membership of new countries within six months, with the most probable new candidates being...
Delhi HC to hear plea against Chinese ‘plastic’ rice
New Delhi: The Delhi High Court on Wednesday agreed to hear a plea seeking directions to the government to carry out the quality test...
Sensex tanks 265 points in early trade
Mumbai : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Wednesday was trading at 264.79 points or 0.94 percent...
Modi invites Kazakhstan to ‘Make in India’
Astana : Prime Minister Narendra Modi on Tuesday urged Kazakhstan to participate in India's "Make in India" initiative, Smart Cities and urban infrastructure programme...
BRICS central banks sign operating agreement on currency reserve pool
Moscow : The chiefs of BRICS central banks have signed an operating agreement on the currency reserve pool, Russia’s central bank said on Tuesday.
The...
Modi visit: India, Uzbekistan to boost security, defence ties
Tashkent : Prime Minister Narendra Modi on Monday said India and Uzbekistan have agreed to intensity security cooperation, as well as in the fields...
Black money: Disclosers to get immunity under FEMA, PMLA
New Delhi : The government on Monday said immunity from prosecution would be given under specific laws to those declaring undisclosed foreign assets under...
Centre to fund Rs.1,000-crore projects under Capital Goods Scheme
Mumbai : In a bid to reduce imports of capital goods, the department of heavy industries at the Centre will fund projects worth...
Greek PM thanks finance minister who quit
Athens : Greek Prime Minister Alexis Tsipras thanked Finance Minister Yanis Varoufakis on Monday for his "ceaseless efforts" to defend the interests of...
Rupee could be hit by Greek crisis: Government
New Delhi : The Indian government on Monday said it was closely monitoring the Greek situation and euro market movements after austerity proposals by...
‘BRICS countries may sign economic agreement in five years’
Moscow : BRICS countries may sign an agreement on greater economic integration in the next five years, Russia's First Deputy Economic Development Minister Alexei...
Greek debt agreement still possible after ‘No’ vote: EC
Brussels : It is still possible for Greece and its creditors to hammer out an agreement on the Greek debt issue even after...
Make quick ‘possible’ proposals for renegotiation: EU
Brussels : The European Union urged the Greek government to make "meaningful" and "possible" proposals in coming hours for renegotiation, following early results which...
Modi on Central Asian tour, to visit Russia for BRICS, SCO summits
New Delhi : Prime Minister Narendra Modi leaves on Monday on an eight-day tour that will take him to the five Central Asian countries...
Jaitley going to BRICS Bank inaugural meet in Moscow
New Delhi : Indian Finance Minister Arun Jaitley will leave on Monday for a four-day visit to Russia to attend the inaugural meeting...
GST, land acquisition laws needed to remove poverty: Jaitley
New Delhi : Reacting to a grim picture of rural India projected by the Socio-Economic and Caste Census 2011, Finance Minister Arun Jaitley...
Pan-India number portability will enhance customer satisfaction: COAI
New Delhi: The implementation of pan-India mobile number portability (MNP) has been one of the important points of the National Telecom Policy 2012 and...
Reforms, spending cut helped avert Greece-like crisis: Piyush Goyal
Kolkata : India could have faced a financial crisis like Greece's had the central government not taken steps to cut down on unwanted...
In bulk of rural India, Rs.5,000 is highest wage
New Delhi: For nearly 75 percent of the 17.9 crore (nearly 180 million) households in rural India, the monthly income of the highest-earning member...
BSNL, MTNL merger decision in 4-5 months
New Delhi: The decision on merging state-run BSNL and MTNL will be taken in the next four-five months, Telecom Secretary Rakesh Garg said on...
Two more carriers offer pan-India number portability
New Delhi: Two more service providers will provide pan-India mobile number portability from Friday, enabling customers to retain their mobile phone number while relocating...
India’s Maggi noodles found safe in Canada
New Delhi: The Canadian food regulator on Friday announced that Nestle India's Maggi noodle products were safe for consumption.
"The Canadian Food Inspection Agency's (CFIA)...
Government releases Socio-Economic and Caste Census
New Delhi: Finance Minister Arun Jaitley on Friday released the Socio-Economic and Caste Census (SECC) and said that it would be an important input...
Greece issue not greasy for India: Raghuram Rajan
Chennai : India's exposure to cash-strapped Greece was very limited and the central government was in talks with the central bank on providing...
Indian equities open lower in morning trade
Mumbai : A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), on Thursday opened lower than...
PM urges Indian IT to build credible security systems
New Delhi : Describing cyber-related risks as a global threat, Prime Minister Narendra Modi on Wednesday called upon India's IT community to serve...
India Inc. commits Rs.450,000 crore for Modi’s ‘Digital India’
New Delhi : As Prime Minister Narendra Modi launched the "Digital India Week" here on Wednesday, India Inc. committed an investment of Rs.450,000...
Greek government reveals latest debt proposal
Athens : The Greek government on Wednesday revealed its latest proposal for a debt deal with creditors to stave off a default and Grexit...
Mukesh Ambani commits Rs.250,000 crore for ‘Digital India’
New Delhi : Reliance Industries Chairman Mukesh Ambani on Wednesday committed an investment of Rs.250,000 crore on "Digital India" and said he expected the...
Lufthansa Cargo goes live with Technopark’s IT firm
Thiruvananthapuram/Frankfurt: Lufthansa Cargo has gone live with Technopark headquartered IBS' iCargo IT solution at 120 stations in its network, including its three hubs of...
Indian equities open higher in morning trade
Mumbai : A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), on Wednesday opened higher and...
Chinese yuan weakens
Beijing : The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 13 basis points to 6.1149 against the...
Greece defaults to IMF
Washington : The International Monetary Fund (IMF) confirmed on Tuesday that debt-laden Greece is in arrears after missing a payment of 1.5 billion euros...
Can Greece make history again?
By Jaspal Singh
The Greek government has declared a referendum for people of Greece to vote on the concessions that the consortium of banks headed...
India’s external debt rises to $475.8 bn
Mumbai : India's external debt grew by 6.6 percent or $29.5 billion in the March-end period and stood at $475.8 billion, official data...
Bharti Airtel now third-largest mobile operator globally
New Delhi: Bharti Airtel on Tuesday said it has become the third-largest mobile operator in the world in terms of subscribers.
As per the latest...
US encouraged by Narendra Modi’s pro-business reforms
By Arun Kumar
Washington : Expressing support for "pro-business reforms" undertaken by Prime Minister Narendra Modi and his commitment to fighting corruption, the...
Indian FDI to US likely to remain steady: US official
Kolkata : Foreign direct investment (FDI) in US from India is likely to maintain its current CAGR of nearly 30 percent and a marginal...
RIL to shut Jamnagar refinery’s unit in July
Mumbai: Reliance Industries Ltd.(RIL) on Monday said it would shut down one crude distillation unit at its Jamnagar petrochemicals refinery special economic zone for...
‘RBI governor didn’t mention risk of Great Depression’
Mumbai: Clarifying on Reserve Bank of India Governor Raghuram Rajan's recent remarks, the RBI has said a section of the media "mis-characterised" the governor...
Deadline to exchange pre-2005 currency notes extended
New Delhi : The Reserve Bank of India has extended the deadline for exchanging pre-2005 currency notes of various denominations, including Rs.500 and Rs.1,000,...
This budget for poor and middle classes: Kejriwal
New Delhi : Describing the AAP government's maiden budget as one for the poor and middle classes, Delhi Chief Minister Arvind Kejriwal on Thursday...
$4 bn pledged for Nepal’s rebuilding; India tops with $1 bn
By Anil Giri
Kathmandu : Nepal was on Thursday pledged $4 billion by the international community for its reconstruction following a devastating quake two...
8 coal mines to be auctioned after 10 in Round 3: Coal secretary
New Delhi : The government will put eight more coal mines up for auction after completing the process for 10 mines in the...
Andhra inks MoU with Australian firm for mining
Hyderabad : Andhra Pradesh on Wednesday signed a memorandum of understanding (MoU) with an Australian firm for beneficiation, the process to separate the required...
Delhi’s per capita income up by 13.49 percent: AAP
New Delhi : Delhi's per capita income rose from 2.21 lakh in 2013-14 to 2.42 lakh in 2014-15, which is three times higher than...
Indian equities open higher in morning trade
Mumbai : A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), on Wednesday opened higher and was...
Stable oil prices will be to India’s advantage: Subramanian
Bengaluru : Stable crude oil prices in the international markets would help India manage its macro-economy well, chief economic advisor Arvind Subramanian has said.
"I...
Nepal-India Treaty of Transit amended
Kathmandu: The amendments made to the Nepal-India Treaty of Transit on Tuesday will allow Nepali traders to transport imported automobiles from sea ports via...
Mixed responses to Indian equities in morning trade
Mumbai : A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), on Tuesday opened slightly lower...
Indian youth for first BRICS, SCO youth forums in Russia
Moscow : Youths from Brazil, Russia, India, China and South Africa and member countries of the Shanghai Cooperation Organisation are set to meet...
OPEC daily basket price closes lower
Vienna: The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $59.96 a barrel on Friday compared to...
Snapdeal partnering Himachal government for e-commerce zone
New Delhi: Online marketplace Snapdeal on Monday announced its partnership with the Himachal Pradesh government to launch a special e-commerce zone at Dharamshala.
The special...
Bank employees’ June 24 strike postponed
Chennai: A strike called by All India Bank Employees Association (AIEBA) on June 24 to press for the demands of employees of associate banks...
Flood threat looms over Telangana, Andhra as Godavari swells
Hyderabad: Flood threat looms over parts of Telangana and Andhra Pradesh as heavy rains continued to lash the two Telugu states for a third...
Rural post offices to provide e-services: Government
Kolkata: Union Minister for Information and Technology and Communications Ravi Shankar Prasad on Sunday said rural post offices across the country will also function...
Himachal approves proposals worth Rs.10,879 crore
Shimla: The Himachal Pradesh government has approved 75 new industrial proposals and cleared 122 expansion projects in two-and-half years, an official said on Sunday.
These...
Tax exemption for ‘Kaaka Muttai’ in Karnataka
Chennai: Filmmaker M. Manikandan's debut Tamil film "Kaaka Muttai", which is about the adventures of two street urchins for their first bite of pizza,...
SC gives Sahara 18 months to pay up Rs.36,000 crore
New Delhi: The Supreme court on Friday gave 18 months to Sahara to repay Rs.36,000 crore of the investors money which its two companies,...
Centre approves Minimum Support Price for kharif crop
New Delhi: The Cabinet Committee on Economic Affairs on Wednesday gave its approval for Minimum Support Price (MSP) for crops during this year's kharif...
Activists warn against genetically modified mustard
New Delhi: A group of activists here on Wednesday warned the Genetic Engineering Appraisal Committee (GEAC) against making any attempts to approve commercialisation of...
Pakistan to set up 1,400-MW coal-based power project
Islamabad: Pakistan has approved a coal-based 1,400-MW power project by the Shanghai Electric Group of China in Sindh province.
The project, in the Hindu-majority district...
‘Kolkata’s waterbodies lost to urbanisation’
Kolkata: Urbanisation has claimed nearly half of Kolkata's waterbodies in the last two-and-a-half decades, an environmentalist said on Wednesday.
"About two-and-a-half decades ago there were...
China’s e-Commerce market is 80 times larger than India’s
By Devanik Saha
New Delhi: Retail e-commerce sales in India are expected to reach $17.5 billion (Rs.105,120 crore) by 2018, from $5.3 billion (Rs 31,800...
Autorickshaws strike hits Mumbai hard
Mumbai: Over a million commuters, office-goers and students were hit badly as around 20,000 autorickshaws went off the roads Wednesday in Mumbai, Thane and...
Turkey keen to invest in Make In India: Envoy
Kolkata: Turkish Ambassador Burak Akcapar said on Tuesday his country is keen to invest in Prime Minister Narendra Modi's Make In India campaign, particularly...
MP to collect only 90 percent of crop loan from farmers: CM
Bhopal: The Madhya Pradesh government has plans to allow farmers to return only 90 percent of their crop loans from 2015-16, it was officially...
Petrol hiked by 64 paise/litre, diesel cut by Rs.1.35 in Delhi
New Delhi: Citing a fall in international diesel rates, state-run Indian Oil (IoC) on Monday cut the fuel price by Rs.1.35 per litre, while...
Micromax to invest Rs.400-Rs.500 crore in Hyderabad plant
Hyderabad: Mobile phone manufacturer Micromax will set up its manufacturing plant in Hyderabad with an investment of Rs.400 crore to Rs.500 crore, a Telangana...
Reliance Communications, Sistema Shyam in merger talks
Mumbai: Industrialist Anil Ambani-led Reliance Communications on Monday said it has entered into exclusive talks with the Russia-based Sistema for a potential merger...
Transport fuels likely to cost more
New Delhi: After two substantial hikes in transport fuels last month, state-owned oil marketing companies (OMCs) are likely to increase petrol and diesel rates...
IT exports from Kerala touch Rs.10,000 crore
Thiruvananthapuram: With Information Technology exports from Kerala for the 2014-15 fiscal touching Rs.10,000 crore, time was ripe for 'ghar wapsi' (home return) of Kerala...
Selection of chief executives at 5 state-run banks from Monday
New Delhi: As many as 26 shortlisted candidates, including executives from private sector banks, are to appear for interviews here for two days from...
Case for interest-free banking and finance
As many as 75 countries across the world have adopted the system. The operational term in many cases is not ‘Shariah’ but “interest-free” banking.
By...
ITC to invest Rs.8,000 crore in Telangana
Hyderabad: ITC Limited on Friday announced it would invest Rs.8,000 crore in Telangana.
ITC chairman Y.C. Deveshwar said the company would set up a world-class...
Listing in barred NGOs erroneous: IIT-Kgp
Kolkata: The Indian Institute of Technology-Kharagpur, which was listed among the 4,470 NGOs barred by the central government from receiving foreign funds for not...
Britain’s Hardy in talks to buy out RIL stake in Gujarat offshore block
New Delhi: British firm Hardy Oil and Gas is in talks to acquire Reliance Industries Ltd's complete 90 percent stake in a gas discovery...
Global carriers get VAT exemption on ATF in Odisha
Bhubaneswar: In a bid to attract international flight operators in Odisha, the state cabinet on Thursday approved a proposal to exempt international air carriers...
Jaitley likely to ask banks to pass RBI rate cuts to borrowers
New Delhi: Following his meeting with Reserve Bank of India Governor Raghuram Rajan, Finance Minister Arun Jaitley is expected to take up the matter...
Sensex plunges more than 400 points; banking stocks sink
Mumbai: A day after it broke a six consecutive session losing streak, a benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive...
Bengal minister visiting China for business forum
Kolkata: A business delegation from West Bengal led by Finance Minister Amit Mitra has gone to Kunming in China to participate in the third...
China’s Dalian Wanda to set up industrial townships in India
New Delhi: The $100-billion Dalian Wanda Group of China is planning to develop industrial townships in India with built-in facilities such as schools, hospitals,...
Licences of over 600 Bengal NGOs cancelled
Kolkata: Of the 4,470 NGOs barred by the central government from receiving foreign funds for not adhering to guidelines, as many as 679 are...
Odisha preparing policy to boost fisheries sector: CM
Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Wednesday said the government is working to finalise a comprehensive policy to accelerate growth in the fisheries...
No roaming charges for Aircel subscribers in south India
Chennai: Aircel subscribers in Tamil Nadu, Andhra Pradesh, Karnataka, Kerala, Telangana and Puducherry will not be charged for incoming calls while they are travelling...
UN Security Council extends Iran sanctions mandate
United Nations: The UN Security Council on Tuesday extended the mandate of the panel of experts monitoring the implementation of sanctions against Iran for...
Indian economy’s pace unsatisfactory: Chidambaram
New Delhi: Former finance minister P. Chidambaram said on Tuesday the present pace of the Indian economy will neither create any jobs nor it...
Wipro wins best outsourcing though leadership award
Bengaluru: Indian IT bellwether Wipro Ltd won the best outsourcing thought leadership award for this year from a US-based leading institute, the global...
Delhi government to release Rs.500 crore to civic bodies
New Delhi : The Delhi government will release Rs.500 crore to the civic bodies in the capital to clear salary arrears of sanitation workers,...
Nepal’s economic growth projected lower at 3.04 percent
By Anil Giri
Kathmandu : Nepal's annual growth will be significantly lowered from over 5 percent to 3.04 percent, according to the Central Bureau of...
Goa bans Maggi until further orders
Panaji: Maggi noodles will be banned in Goa from Monday, as it was not proper to take risks with people's lives, Chief Minister Laxmikant...
Karnataka too bans manufacture, sale of Maggi
Bengaluru: Karnataka on Sunday became the latest state to ban manufacture and sale of Nestle's Maggi noodles following a central food watchdog directive.
"The Food...
Exports may remain flat, even fall in current fiscal: Assocham
New Delhi: India's exports are likely to remain flat or may even fall below the $310 billion level achieved last fiscal, the Associated Chambers...
List of 22 agreements inked by India, Bangladesh
Dhaka : India and Bangladesh on Saturday inked 22 agreements, including on extending a $2 billion Line of Credit to Bangladesh, and on India...
India to provide $2 bn to Bangladesh, 22 agreements inked
Dhaka : Prime Minister Narendra Modi on Saturday said India will provide Bangladesh a Line of Credit worth $2 billion as he held talks...
Projects worth over Rs.10,000 crore being rolled out: Prabhu
Kolkata : Railway Minister Suresh Prabhu on Saturday said projects worth over Rs.10,000 crore were being rolled out as part of a fortnight long...
Indian expats in Kuwait write to FM for setting up a joint investment fund
By TwoCircles.net Staff Reporter,
Kuwait: Indo – Kuwait Friendship Society has written a letter to Finance Minister Arun Jaitley urging him to take initiatives...
Modi’s One Year : Jan-Dhan Yojna amidst various hurdles
The Pradhan Mantri Jan Dhan Yojana (PMJDY) announced by the BJP-led NDA government at the Centre, which has promised almost a moon to a...
Modi’s One Year : Environmental protection still awaits balance
Although the number of actual clearances given on paper for infrastructure projects are not much different compared to the UPA rule, the NDA rule...
India’S 7.3 percent growth neck-and-neck with China’s
New Delhi : India may have just fallen short of surpassing China as the fastest-growing emerging market economy in 2014-15, but its 7.3 percent...
The magic wand of Mr. Modi
By Shaiq Ali Khan for TwoCircles.net
If you repeat a lie often enough, people will believe it, and you will even come to believe it...
Return of ‘feel good factor’ for Indian economy
(One Year of Modi gvernment)
By Biswajit Choudhury and Aparajita Gupta,
New Delhi : Recent reviews of global institutions and the prevailing investor confidence suggest...
Indian designers to give global face to Banarasi weaves
By Nivedita,
New Delhi : Age-old Banarasi weaves from Varanasi, Prime Minister Narendra Modi's constituency, are poised for a facelift, courtesy a string of high-end...
Rs.60,000 crore metal trading industry to desert Mumbai: Official
Mumbai : Fed up of what they call government's "indifferent attitude", the Rs.60,000 crore per annum metal trading industry headquartered in Mumbai has decided...
Bengal petroleum dealers to stop fuel purchase from May 21
Kolkata : Complaining of malpractices and a deteriorating business environment, a forum of petroleum dealers of West Bengal on Tuesday announced they would refrain...
Tamil Nadu Petro posts Rs.53 crore loss
Chennai : Linear alkyl benzene (LAB) maker Tamil Nadu Petroproducts Ltd on Tuesday said it closed last fiscal with lower revenue and higher net...
Modi asks Korean companies to deepen India ties
Seoul : With several hundred Korean companies already operating in India, Prime Minister Narendra Modi on Tuesday invited South Korean companies and asked them...
Haryana procures over 67.54 lakh tonnes of wheat
Chandigarh : Haryana has procured over 67.54 lakh tonnes of wheat this season.
Haryana Food and Supplies Minister Ram Bilas Sharma said on Sunday that...
AAP protests fuel price hike
New Delhi : Aam Aadmi Party (AAP) workers protested here on Sunday against the latest fuel price hike and asked the central government to...
Japanese keen on $1.6 tn highways funding: Nitin Gadkari
By Rohit Vaid,
New Delhi : India is firming up plans for a $1.6-trillion financing institution that will fund highway projects across the country with...
Modi inaugurates ICICI Bank’s first branch in China
Shanghai : Prime Minister Narendra Modi on Saturday inaugurated the first branch of India-based ICICI Bank here in China.
The bank's branch received regulatory approval...
Petrol, diesel price hiked
New Delhi : Transport fuel prices were hiked effective Friday midnight by Rs.3.13 per litre for petrol and by Rs.2.71 a litre for diesel,...
HC asks manufactures to supply beer at last year’s price in Odisha
Bhubaneswar : The Odisha High Court on Thursday allowed beer manufacturers to supply the beverage to the state-owned Odisha State Beverages Corporation (OSBC) at...
India’s wholesale inflation dips to lowest in six months
New Delhi : The annual rate of wholesale price inflation (WPI) decelerated further to its lowest in six months at (-)2.65 percent for April...
Cabinet approves stake sale in Indian Oil, NTPC
New Delhi : The union cabinet on Wednesday approved the sale of a 10 percent stake in Indian Oil Corp and a 5 percent...
Activist questions Environment Minister on govt plan to redefine forest
By TwoCircles.net staff reporter
Bangalore: Leo Saldanha, an environmental activist from Bangalore received a brief response from Prakash Javadekar, Minister of State (IC) for Environment,...
Syndicate Bank net dips in 2014-15
Bengaluru : State-run Syndicate Bank posted net profit of Rs.1,523 crore for 2014-15, down 11 percent against Rs.1,711 crore in the previous fiscal.
"Our net...
Tamil Nadu parties attack NDA’s ‘anti-people’ oil pricing policy
Chennai : Leaders of different political parties in Tamil Nadu on Friday condemned the steep rise in petrol and diesel prices terming it an...
Non-subsidised LPG rate cut by Rs.5, jet fuel costs a little more
New Delhi : The price of non-subsidised LPG, or cooking gas, was slashed by Rs.5 per cylinder on Friday even as rates of transport...
Petrol, diesel price hiked
New Delhi : Transport fuel prices were hiked effective Friday by Rs.3.96 per litre for petrol and by Rs.2.37 a litre for diesel, including...
TAPI pipeline will take five years: Afghan president
New Delhi : The construction of the $10-billion four-nation TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline project will be completed in the next five years, Afghanistan President...
LPG subsidy: Make choice opting in, not opting out
By Nihit Goyal,
It was believed that Finance Minister Arun Jaitley would withdraw the LPG (liquefied petroleum gas) subsidy for those who fall in the 30-percent tax bracket. However, this budget included no such measure. Thereafter, Prime Minister Narendra Modi has repeatedly called on people to "give it up" and join the "opt out of subsidy" scheme. While over 300,000 consumers have thus far enrolled in this scheme, this is a tiny fraction of the 150 million LPG users in the country.
Sensex closes over 220 points down
Mumbai : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed over 220 points down during Friday's trade session.
The...