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NRIs investing in India should be given dual citizenship: Paul

NRI industrialist Lord Swraj Paul has called for granting Indian passports to expatriates who invest a certain minimum amount in industries in India and help ignite the engine of economic

BPCL aims to double refining margins with refinery expansion

State-owned Bharat Petroleum Corp Ltd aims to double its refining margins once it completes the expansion and upgrade of its Kochi refinery in Kerala to process high sulphur crudes by

China banks' bad loans surge, credit crunch could spread west

Two of China's biggest banks reported sharply rising bad loans for the third quarter on Wednesday, and one added that a credit crunch squeezing small companies in the country's export-oriented

Iran wants sanctions lifted before nuclear deal: Official

Iran wants all Western sanctions to be lifted before striking a deal on its contested nuclear programme by a November deadline, a top official has said.

Yesterday's announcement came amid

Fed ends QE3, keeps rate low

In line with consensus view, the US Federal Reserve in its two-day policy review that concluded overnight put an end to the third round of quantitative easing (QE3), but pledged

Moody’s is negative on banks as India Inc’s leverage high

Maintaining its negative outlook on India’s banking sector, Moody’s Investors Service said on Wednesday that any meaningful recovery in asset quality of lenders in the next 12-18 months would be

Affordable housing gets leg up, FDI norms eased

Finally there is some good news for the real estate sector. In a major relief to the ailing housing sector the government on Wednesday eased foreign direct

List of 627 illegal a/c holders filed

Complying with the Supreme Court directive, the Centre on Wednesday submitted a list of 627 Indians who hold illegal accounts in foreign banks.
A day after the apex court rapped

Government raises wheat MSP by Rs 50

The government on Wed­nesday hiked the minimum support price (MSP) for wheat by a moderate Rs 50 to Rs 1,450 a quintal to boost output during the current rabi (winter)

Govt relaxes FDI rules in construction sector

The government today relaxed rules for allowing FDI in the construction sector including housing by reducing the minimum built-up area and capital requirement for foreign investment in such projects --

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  • In the third Asian Games held at Tokyo in 1958, the height of the official flagpole was exactly 15.21 metres.

  • National pharmaceutical policy to be out soon
    0206-PILLS.jpg

    The controversial National Pharmaceutical Policy may finally see the light of the day with the health ministry and chemicals ministry sorting out differences over some proposals in the policy.

  • India, Pak agree to inspect water projects
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    India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,

  • WTO deal still elusive
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    The WTO has finally created unity among its 152 members — but unfortunately for head Pascal Lamy, the only thing all states agree on is that the prospect of a new trade deal is still far away.

  • Foreign shippers seek level-playing field
    0206SHIP.jpg

    Foreign ship owners have asked the directorate general of shipping for a level-playing field and a “rethink” on its latest order banning overseas vessels, which are over 25 years old

  • Plea to extend crop insurance

    Andhra wants cut-off date for crop insurance of non-loanee farmers to be extended to September.

  • Healthcare needs Rs 3,70,000cr

    India will need investments of Rs 3,70,000 crore for healthcare facilities, a study said.

  • Sugar price may go up

    Sugar prices may rise to an unreasonable level if the sale of buffer stock quantum is kept voluntary.

  • NMCE starts new series in metals

    NMCE will start new series for future contracts in non-ferrous metals from August 1.

  • Do call register

    The Supreme Court has suggested introduction of a new ‘do call register’ facility to curb the telemarketing menace.


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