Business

April 25, 2014 10:30 AM

India down to 83rd spot in leveraging ICT for growth: WEF report

A World Economic Forum report says that India has slid down to 83rd spot among 148 economies in terms of leveraging information and communications technologies for growth and well being. In 2013, it ranked 68th out of 144 countries. According to the 13th edition of the Global Information Technology ...

April 25, 2014 10:30 AM

ASSOCHAM organizing awareness programmes in Ahmedabad on World Malaria Day

Associated Chambers of Commerce and Industry of India- ASSOCHAM is organizing awareness programs across vulnerable areas in Ahmedabad city to educate the people about water-borne diseases like malaria, cholera and others on the occasion of the World Malaria Day today. The apex industry body has plan...

April 25, 2014 10:30 AM

Yandex shares fall on Nasdaq after Putin comments

Russian President Vladimir Putin has called the Internet a CIA project and warned Russians against making Google searches. Putin told a group of young journalists that the Internet was controlled from the start by the CIA and its surveillance still continues. Responding to questions from a pro-Kreml...

April 25, 2014 10:29 AM

RBI will decide NPA guidelines rules Gujarat HC

The Gujarat High Court has restored the Reserve Bank of India's power to decide the period after which a bad loan can be called a non-performing asset (NPA). The bench of Chief Justice Bhaskar Bhattachrya and Justice J B Pardiwala said that the Section 2(1)(o) of Securitization and Reconstr...

April 24, 2014 7:39 PM

WEF report: India slips to 83rd spot in terms of leveraging ICT for growth

A World Economic Forum report says that India has slid down to 83rd spot among 148 economies in terms of leveraging information and communications technologies for growth and well being. In 2013, it ranked 68th out of 144 countries. According to the 13th edition of the Global Information Technology ...

April 24, 2014 1:41 PM

Address complaints with 24×7 control rooms: Delhi LG to Power Dept & DJB

The Lieutenant governor of Delhi, Najeeb Jung has asked the Power Department and Delhi Jal Board, DJB, to set up 24x7 control rooms to fast-track redressal of complaints. He visited the Secretariat yesterday. Mr. Najeeb Jung held meetings with the Secretaries and Heads of Departments to review their...

April 24, 2014 1:34 PM

Labour law changes in place since B'desh's worst industruial disaster: ILO

Bangladesh today observed the first anniversary of its worst industrial disaster in which 1135 garment factory workers died, as the building housing 5 factories, collapsed in Savar, Dhaka, last year. Several seminars, discussions and debates on reforming the garment sector for better worker safety a...

April 24, 2014 9:26 AM

RBI panel moots centralised bill payment system in country

A committee set up by the Reserve Bank of India has suggested a mechanism for centralised bill payment system in the country. The committee has recommended setting up two organisations- Bharat Bill Payment Services or BBPS and the Bharat Bill Payment Operating Units or BBPOUs for the purpose. BBPS w...

April 24, 2014 9:25 AM

Reserve space for elders in local: B'Bay HC to Railways

The Bombay High Court on Wednesday asked the Railway authorities to come out with a scheme to reserve seats for senior citizens in suburban trains as the existing facility was not sufficient to accommodate the elders. A bench headed by Chief Justice Mohit Shah gave six weeks time to the Railways to ...

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