Ex-Goldman director Rajat Gupta may face more allegations: US
, Feb 08 2012Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble who is the highest-ranking executive charged in a U.S
Reliance in talks with airlines for fuel supply
, Feb 08 2012Reliance Industries is in talks with India's major airlines to provide jet fuel infrastructure and transport services, the company said on Wednesday, a day after a government panel approved
Maldives president quits after police mutiny
, Feb 07 2012Male: President Mohamed Nasheed of the Maldives resigned on Tuesday after weeks of protests erupted into a police mutiny, leaving the man widely credited with bringing democracy to the paradise
Iran agrees on part payment in rupees for oil
Siddhartha P Saikia, Feb 07 2012India will pay 45 per cent of its nearly $ 12 billion annual crude import bill to Iran in rupees. The two countries would work out other methods for
Slowdown wakes up govt to reforms
, Feb 07 2012When the Indian finance minister, Pranab Mukherjee, flew to Chicago recently to address a group of American executives, it was to deliver an urgent message: India is still open for
Industry opposes CTT proposal on commodity futures, options
S Ronendra Singh, Feb 07 2012, New DelhiCommodity transaction tax (CTT) a levy on commodity futures and options, is unlikely to be imposed in the forthcoming budget as industry bodies mounted pressure against it saying this would
Assocham moots amnesty scheme for black money
Shruti Verma Khare, Feb 07 2012, New DelhiEven as black money stashed in tax havens abroad continued to hog the headlines, trade body Assocham has mooted an amnesty scheme for six months to bring back illegal funds.
Financial regulators turn more stringent: Survey
Ravi Ranjan Prasad, Feb 07 2012, MumbaiIndian financial regulators have become more stringent in their outlook to money laundering and have become a member of the Financial Action Task Force (FATF) in late 2010, said a
Foreign companies permitted to bid for semi-conductor procurement
Sameer Ranjan Bakshi , Feb 07 2012, BangaloreThe government has permitted foreign companies to make bids for component procurement through the subsidiary route in direct competition with domestic companies for supply of semi-conductor products.
The preferential market
With paid-up capital raised, Nabard to give direct loans
KA Badarinath, Feb 07 2012, New DelhiThe National Bank for Agriculture and Rural Development (Nabard) is getting a wider role that will let it offer direct loans to the farm sector, SMEs, state and multi-state cooperatives
NEWSVIDEOS
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It is well known that Ray-Ban sunglasses were originally developed for the United States air force. Here is the story.
- Foreign shippers seek level-playing field

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
- National pharmaceutical policy to be out soon

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

India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,
- WTO deal still elusive

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.
- 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.










