Business

September 14, 2014 12:11 PM

Over Rs 5,000 cr loss to J&K economy due to floods:Assocham

Devastating floods in Jammu andKashmir have caused an immediate loss of 5,400-5,700 crore rupees to the state's economy, with heavy damages to trade, hotels, restaurants, horticulture and handicraft. According to industry body Assocham the initial estimated loss to hotels, trade, agricultur...

September 14, 2014 12:02 PM

RBI closes down 6 UCBs suspected of being used to route illegal money

Reserve Bank of India (RBI) has closed down six Urban Cooperative Banks (UCBs) suspected of being used to route illegal money. In a meeting of the Economic Intelligence Council (EIC) headed by Finance Minister, it came to notice that the UCBs with deposits of over 2 lakh crore rupees were found to b...

September 14, 2014 11:51 AM

Over Rs 5,000 cr loss to J&K economy due to floods<br/>

Devastating floods in Jammu andKashmir have caused an immediate loss of 5,400-5,700 crore rupees to the state&apos;s economy, with heavy damages to trade, hotels, restaurants, horticulture and handicraft. According to industry body Assocham the initial estimated loss to hotels, trade, agricultur...

September 13, 2014 8:33 PM

Spectrum auction to be completed by end of current FY: TelCom Minister

The Government today said the auction of spectrum will be completed by the end of the current financial year.Addressing a press conference in New Delhi Communications and Information Technology Ravi Shankar Prasad said that Telecom Regulatory Authority of India, TRAI has already submitted its recomm...

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