Sahara Chief Subrata Roy seeks 10 more days' time from the Supreme Court to finalize selling of his three hotels

Sahara Chief Subrata Roy has sought 10 more days' time from the Supreme Court to finalize selling of his three luxury hotels in New York and London. Mr Roy pleaded before the bench that he should be allowed to stay in the Tihar jail's conference room for another 10 days instead of ...

Indian company bags prestigious 230 million dollar water management project in North Central Sri Lanka

Oil prices fall in Asia today

Oil prices fell in Asia today as dealers digested a mixed US inventory report and a new round of interest rate cuts by the European Central Bank, while keeping watch on the Ukraine conflict. US benchmark West Texas Intermediate for October delivery, fell 12 cents, to 94.33 dollars a barrel while Bre...

Govt taking measures to boost fish exports

The overall exports of fish and fish products are on the rise and steps are being taken to further boost overseas shipments through diversification of products. This was stated by Agriculture Minister Radha Mohan Singh after releasing a handbook of fisheries statistics in New Delhi on Wednesday.Mr S...

Govt sets up panel on unclaimed PPF, small savings deposits

The government has set-up a Committee to examine the un-claimed amount in PPF, Post Office and Savings Schemes. The committee will examine and recommend how this amount can be used to protect and further financial interest of the senior citizens.The seven member committee is being headed by the Depu...

India slips to 71st rank in global competitiveness list

India has slipped to 71st position, in an annual global competitiveness list, where Switzerland remains on top. As per the list, released by the Geneva-based World Economic Forum, India comes the lowest among BRICS countries. The Global Competitiveness Report 2014-15, says Switzerland is the most co...

CAD dips to 1.7 % in Q1 on reduction in trade deficit

India's Current Account Deficit narrowed sharply to 1.7 per cent of the GDP in the April-June quarter of this fiscal mainly on account of reduction in trade deficit, and a steep decline in gold imports. RBI said in a statement that the lower CAD was primarily on account of a contraction in ...

Vijay Mallya case: SC refuses to interfere with GRC's order

Supreme Court today refused to interfere with the order of Grievance Redressal Committee, GRC of United Bank of India, UBI declaring Vijay Mallya, the promoter of Kingfisher Airlines, as wilful defaulter. Kingfisher Airlines had submitted that the GRC passed the order despite being informed that it ...

India among top three medical tourism destinations in Asia

A study by KPMG-FICCI says India ranks among the top three medical tourism destinations in Asia. This is mainly due to the low cost of treatment, quality health care infrastructure and availability of highly-skilled doctors. The report titled Medical Value Travel in India pointed out that Asian coun...

Core sector growth slumps to 2.7 % in July

After showing some signs of recovery in April, growth in the output of eight core industries slowed to 2.7 per cent in July as against 5.3 per cent in the same month last year. Growth in the sector, which has a combined weight of about 37. 9 per cent in the Index of Industrial Production was 2.7 per...