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Fed confident on US growth, opens door wider to rate hike

The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for

GST comes alive, bill ready for House nod

The government has infused life back into the long-delayed goods and services tax (GST), the single tax levy, after having clinched a deal with the states earlier this week.
The

US ends Cuba’s isolation after half-century

Cuba and the US will begin to normalise relations in a surprising move by the Obama administration that will loosen a trade and travel embargo that is among the last

60% of civic bodies plan to up IT budgets by 1-10%

Building 100 smart cities or converting existing cities into smart cities may be Modi government’s pet project, but ICT (information and communication technology) spend by different civic bodies across the

Defence acquisition proposals worth Rs 4,444 cr cleared

The Defence Acquisition Council (DAC) today approved proposals worth Rs 4,444 crore, including the purchase of four helicopters for survey vessels at Rs 2,324 crore, but deferrred a decision on

India plans to set up reverse SEZs in Iran

India is planning to set up reverse SEZs in Iran, mainly in the fertiliser and petrochemical sector, Union Minister Ananth Kumar said today.
Under the reverse special economic zone (SEZ)

RBI slaps Rs 50 lakh penalty on ICICI Bank, Rs 25 lakh on BoB

RBI today imposed a penalty of Rs 50 lakh on ICICI Bank and Rs 25 lakh on Bank of Baroda for violation of KYC norms after they allowed opening of accounts in the name of a statutory body by fraudsters.

AirAsia India launches services to Pune

Newly launched low-cost carrier AirAsia India today expanded services by adding Pune to its network, six months after entering the highly competitive domestic civil aviation sector.
The inaugural flights from

India on track to 5.5% GDP growth; falling oil to help reforms

India is on track to achieve projected 5. 5 per cent economic growth rate in 2014-15 as declining oil prices present a golden opportunity for many beneficial reforms Asian

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  • If you have taken the slow toy train between Kalka and Shimla, you will pass the sleepy Barog station. This town hides a tragic tale.

  • 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
    0206-RIVER.jpg

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

  • WTO deal still elusive
    0206-DEAL.jpg

    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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