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July 29, 2014 8:46 PM

23 killed, 53 injured in HP road accidents

In Himachal Pradesh, at least twenty three passengers were killed and fifty three others injured in two separate road accidents in Shimla District on Tuesday. In one of the accidents, a Himachal Road Transport Corporation bus, on its way from Shimla to Sawerakhud, fell into a gorge at Katarghat kill...

July 29, 2014 8:35 AM

British PM hints at EU agreement on Russia sanctions

The British Prime Minister David Cameron has said that he and fellow European leaders have agreed that strong economic sanctions should be imposed on Russia as soon as possible. He was speaking ahead of Today's meeting of European Unions ambassadors in Brussels in which details of measures ...

July 29, 2014 8:30 AM

Japanese govt to impose new sanctions on Russia

The Japanese government says it will restrict imports of products from Crimea as part of new sanctions against Russia made the announcement yesterday. The sanctions also include freezing assets held in Japan by Russian individuals and groups judged to have been directly involved in Russia's...

July 29, 2014 7:46 AM

Textile policy aims to create 35 mn jobs, $300 bn exports

The draft National Textile policy, aims at achieving 300 billion dollars exports by 2024-25 and creation of additional 35 million jobs by attracting investments. The draft Vision, Strategy and Action Plan for Indian Textiles and Apparels was presented to the Textiles Minister Santosh Kumar Gangwar y...

July 27, 2014 12:36 PM

Exim Bank urges RBI to hike its leverage ratio

The Exim Bank has requested the Reserve Bank to increase its leverage ratio so that it can lend more to the exporters. It has cited the urgent need for turning the country into an export powerhouse and the prevalent practices in competing nations. Currently, RBI allows the Exim Bank to leverage only...

July 25, 2014 8:22 PM

Gold declines 100 rupees on global cues

Gold declined 100 rupees, to 28,100 rupees per ten grams at Delhi's bullion market, today, on subdued demand fromjewellers, amid weak global cues. Silver lost 600 rupees, to 44,400 rupees per kilo.

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