Business

June 28, 2014 6:58 PM

Saudi airline suspends operations to Peshawar

Saudi Arabia's flag carrier has suspended its flights to Pakistan's northwestern city of Peshawar. The decision comes after a Taliban attack on a PIA plane that left one passenger dead this week. Saudi airline is the fourth airline from the Gulf to do so. Qatar Airways, Etihad Airw...

June 28, 2014 5:30 PM

Union Budget to focus only on growth revival, says Financial Services Secy

The union Budget will focus only on growth revival. Stating this in Mumbai today Financial Services Secretary G S Sandhu said reviving the economy to a high growth path is the single theme driving the Budget preparations. Talking to reporters on the sidelines of a Banking Summit, Sandhu, said issues...

June 27, 2014 2:24 PM

India to work with B'desh on addressing adverse trade balance faced by Dhaka

India will work with Bangladesh to move beyond the quota-free, duty-free regime to facilitate trade between the two countries, and address the adverse trade balance Bangladesh is facing. India pledged to expedite border infrastructure and interlinking through railways, roads, waterways and coastal s...

June 27, 2014 11:14 AM

Improved political stability augurs well for economy, markets: RBI

The Reserve Bank of India said improved political stability and expectations of a decisive and coordinated policy response augur well for the economy and the markets. RBI, in its ninth half-yearly Financial Stability Report released last evening in Mumbai said the formation of a stable government at...

June 27, 2014 10:04 AM

UN to launch talks on treaty to hold corpns to account for abuse

The United Nations's top human rights forum has decided to launch talks on an international treaty that would hold corporations to account for abuses, despite resistance from the West. The 47-member UN Human Rights Council ruled that while countries have the prime responsiblity for upholdin...

June 27, 2014 10:02 AM

Saradha scam: CBI registers case against Odisha-based co

The CBI has registered a fresh case against an Odisha-based company in connection with its probe in the ponzi scheme also known as Saradha scam. CBI sources said, a case of cheating was registered yesterday against Bhubaneshwar-based Nabadiganta Capital Service Limited. It is one of the 44 companies...

June 27, 2014 9:34 AM

Plastic units in NCR sealed in pursuance of NGT order

30 plastic-making units in Narela Zone of the National Capital have been sealed by the North Delhi Municipal Corporation (NDMC) for allegedly illegally storing and recycling plastic, the civic body said on Thursday. The action was taken with help from the local police in pursuance of an order of the...

June 27, 2014 9:20 AM

UP govt announces Samajwadi Pension Scheme

Uttar Pradesh government today announced 'Samajwadi Pension Scheme', aimed at benefiting about 40 lakh families in the state. The State Chief Secretary AlokRanjan told reporters in Lucknow that nearly 40 lakh families will benefit from the scheme and a sum of Rs 500 will be transfe...

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