Business

July 17, 2014 6:00 PM

J&K: JKSCCC earns Rs. 27 cr up from April to June ending

In Jammu and Kashmir, The Jammu and Kashmir State Cable Car Corporation (JKSCCC) has earned Rs 27. 06 crore from April to June ending, 2014 on Gulmarg Gandola riding which is operational at world famous Skiing resort, Gulmarg. During the corresponding period of last financial year the Corporation ha...

July 17, 2014 5:44 PM

Bhutan: 5% Green tax on fuel comes into effect

In Bhutan , the five per cent Green tax on fuel has come into effect from today. With the tax, prices of fuel in the nation has increased by more than two ngultrum.(nu) The government imposed the five percent green tax on fuel to correct the persistent current account deficit faced by the economy. T...

July 17, 2014 2:05 PM

New ideas must to meet tax administration challenges: Prez

President Pranab Mukherjee has stressed on innovation and adoption of new ideas and technology to meet emerging challenges in tax administration. He said the challenges have emerged in the wake of globalization and economic integration.Addressing a group of trainee officers of the Indian Revenue Ser...

July 17, 2014 1:59 PM

Several power plants across India facing coal shortage: Power Min

Power Minister, Piyush Goyal said that several power plants across the country are facing shortage of coal. Replying to a media query in New Delhi today, he said that lower production of coal during the last five years is the primary cause of shortage. Mr Goyal also said that production in mines acr...

July 17, 2014 1:04 PM

India, Brazil to expand trade and investment flow

Prime Minister Narendra Modi signed a bilateral agreement on co-operation in the field of environment with the Brazilian president Dilma Rousseff yesterday. Prime Minister Narendra Modi, on the margins of BRICS, had a meeting with the Brazilian President. The two leaders agreed to further expand and...

July 17, 2014 12:22 PM

India, Brazil ink environment pact; To expand trade and investment flow

Prime Minister Narendra Modi signed a bilateral agreement on co-operation in the field of environment with the Brazilian president Dilma Rousseff yesterday. Prime Minister Narendra Modi, on the margins of BRICS, had a meeting with the Brazilian President. The two leaders agreed to further expand and...

July 17, 2014 12:16 PM

Prepare time-bound POA to revitalise sector: MSME Min to KVIC

Micro, Small and Medium Enterprises Minister Kalraj Mishra has asked the Khadi and Village Industries Commission, KVIC to prepare an elaborate time-bound action plan to revitalise the sector.Mr Mishra held a review meeting with KVIC officials in New Delhi for revamping the industries. Mr Mishra stre...

July 17, 2014 9:31 AM

Apple to pay $400mn to settle pricing lawsuit

Technology giant Apple has agreed to pay as much as 400 million dollars to settle a lawsuit into accusations that it colluded with publishers to fix the price of e-books. The settlement depends on Apple losing an appeal into a 2013 ruling that it violated anti-trust laws over pricing. That ruling fo...

July 17, 2014 9:20 AM

Australia repeals carbon tax

Australia's Senate has voted to repeal the carbon tax, a levy on the 300 biggest polluters passed by the Labour Party when they were in power in 2011. Prime Minister Tony Abbott, whose Liberal coalition beat Labour in an election last year, had made the repeal a central aim of his governmen...

July 17, 2014 9:12 AM

50% cut in water supply for Mumbai commercial establishments

Despite the heavy rainfall in Mumbai for the past many days, the Brihanmumbai Municipal Corporation (BMC) on Wednesday announced 50 percent cut in water supply to the commercial establishments such as malls, five star hotels, and factories among others. Additional Municipal Commissioner of BMC, Moha...

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