Business

March 7, 2014 9:40 AM

Ahead of Arab Summit, Kuwait calls for unity among GCC nations

Kuwait has said that it is keen to promote solidarity and unity among the member nations of the Gulf Cooperation Council, GCC. In a statement, the Kuwaiti Minister of State for Cabinet Affairs Sheikh Muhammad Abdullah Al-Sabah emphasized Kuwait's commitment to contain any rift that may befa...

March 7, 2014 9:31 AM

Ahead of hosting Arab Summit, Kuwait calls for unity among GCC nations

Kuwait has said that it is keen to promote solidarity and unity among the member nations of the Gulf Cooperation Council, GCC. In a statement, the Kuwaiti Minister of State for Cabinet Affairs Sheikh Muhammad Abdullah Al-Sabah emphasized Kuwait's commitment to contain any rift that may befa...

March 7, 2014 9:30 AM

Cuba welcomes EU invite restoring bilateral relations<br/>

Cuba has accepted the EU invitation restoring bilateral relations with the bloc made last month with satisfaction. Cuba Foreign Minister Bruno Rodriguez said that the negotiations are expected to boost trade and investments in the communist run island, but will be linked to progress on human rights....

March 6, 2014 12:37 PM

RBI issuing new bank licenses not to be affected by model code: FM

Finance Minister P. Chidambaram has said that the process started by the Reserve Bank of India on issuing new bank licenses would not be affected by the model code of conduct. During his interaction with reporters after reviewing the performance of public sector banks, he said normal government func...

March 6, 2014 12:08 PM

EU leaders meet in Brussels today for emergency summit on Ukraine

European Union leaders are due to meet in Brussels today for an emergency summit on Ukraine. The new Ukrainian Prime Minister is expected to attend the meeting. EU leaders had hoped for greater progress by now, but Russia&apos;s foreign minister refused to meet his Ukrainian counterpart in Paris...

March 6, 2014 9:53 AM

Target of awarding 30 port projects met: Vasan

Union Shipping Minister G K Vasan has said his ministry has met the target of awarding 30 port projects, which entail an investment of over Rs 21,000 crores. This is the best achievement in the history and Ministry has already met the target for 2013-14. Mr. Vasan told this to reporters on Wednesday...

March 6, 2014 9:45 AM

B'bay HC refuses to interfere with IT Tribunal stay on Tata Trust

The Bombay High Court has refused to interfere with an order of Income Tax, IT Tribunal which granted a stay on a tax demand made by IT department of 290 crore rupees from Jamshedji Tata Trust for a period of six months from December 2013. Hearing a petition filed by the Revenue Department, a bench ...

March 6, 2014 8:49 AM

Five-day India-Pakistan trade fair begins in Jalandhar today

In Punjab, a five-day India-Pakistan International Trade Fair will begin today in Jalandhar. Organised by the PHD Chamber of Commerce and Industry, the fair is aimed at promoting bilateral trade between the two countries. 40 traders from Pakistan and 60 from India are participating in the exposition...

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