Business

March 13, 2014 1:36 PM

No stay on BMC order to raze illegal structures inside BSE

The Bombay High Court on Wednesday refused to grant any relief to stock brokers challenging a demolition order passed by the Brihanmumbai Municipal Corporation (BMC) on certain illegal structures inside the Bombay Stock Exchange (BSE) building in Mumbai.A PIL in this regard was filed by Aditya Srini...

March 13, 2014 1:36 PM

6.8% growth in tourists availing VoAs this year

A growth of 6.8 per cent has been recorded in the number of tourists availing Visa on Arrival (VoA) scheme between January and February this year. An official release said, during these two months, 3,883 VoAs were issued under the scheme as compared to 3,637 VoAs issued during the corresponding peri...

March 13, 2014 1:03 PM

PEC investment in NSEL case: CBI searches on in Delhi, Mumbai

The CBI is conducting searches at 15 locations in a case related to investment by public sector unit PEC in the National Spot Exchange Limited, NSEL. CBI sources today said, the searches are being conducted in Mumbai, Delhi and at eight residences of officials, including five of PEC and two of NSEL....

March 13, 2014 9:44 AM

Libya forces, eastern rebel standoff hits oil exports

In Libya, the ruling militia has sent its forces to the eastern region of the country where rebels demanding regional autonomy began exporting oil this week in defiance of the central government.The move comes after Islamists ousted the Prime Minister Ali Zeidan. The parliament, General National Con...

March 13, 2014 8:59 AM

Mumbai Customs nab S.African national carrying contraband worth crores

A South African national was on Wednesday, apprehended by Air Intelligence Unit (AIU) of Mumbai Customs for attempting to smuggle out contraband worth 4.94 crore rupees.According to sources the woman was flying to Livingstone via Nairobi and was arrested for concealing contraband in her suitcase.

March 13, 2014 8:56 AM

UK MPs recommend raising Myanmar aid despite rights violation concerns

UK's MPs have recommended that government should raise its annual aid to Myanmar from 60 million dollars to 100 million dollars, despite concerns over human rights. The International Development Committee said this will help bring about reform in the country, although some critics have said...

March 13, 2014 8:55 AM

Italy PM Renzi proposes sweeping tax cuts; says will not breach EU limits

Italy's new Prime Minister Matteo Renzi has proposed sweeping tax cuts, in a bid to revive the country's economy. In his first full news conference, he insisted that the tax cuts will not breach European Union budget deficit limits.Mr Renzi said income tax would be reduced by a tot...

March 13, 2014 8:53 AM

No stay granted by HC on BMC order to raze illegal structures inside BSE

The Bombay High Court on Wednesday refused to grant any relief to stock brokers challenging a demolition order passed by the Brihanmumbai Municipal Corporation (BMC) on certain illegal structures inside the Bombay Stock Exchange (BSE) building in Mumbai.A PIL in this regard was filed by Aditya Srini...

March 13, 2014 8:51 AM

6.8% growth in tourists availing VoAs between Jan and Feb this year

A growth of 6.8 per cent has been recorded in the number of tourists availing Visa on Arrival (VoA) scheme between January and February this year. An official release said, during these two months, 3,883 VoAs were issued under the scheme as compared to 3,637 VoAs issued during the corresponding peri...

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