Business

February 28, 2014 2:16 PM

World Bank postpones Uganda aid over anti-gay law

The World Bank has postponed a 90 million dollar loan for the health system in Uganda after the President Yoweri Museveni signed an anti-gay bill into law. The Bank says it wants to carryout a review to ensure that the objectives of the development on health projects will not be adversely affected b...

February 28, 2014 2:16 PM

Canada keen on increasing biz links with India

The Governor General of Canada, David Johnston today said that Canada is keen on increasing business linkages with India, with particular focus on infrastructure, energy, food security, education, innovation and entrepreneurship. He was speaking at the launch of the entrepreneurship incubator in Mum...

February 28, 2014 2:15 PM

CCEA nod for hiking fixed cost of Urea

The Cabinet Committee on Economic Affairs, CCEA, has approved raising fixed cost of Urea by 350 rupees per tonne. Highly placed sources said in New Delhi, it would lead to increase in subsidy by 900 rupees per tonne.However, it would not have any impact on urea prices. The CCEA also approved modific...

February 28, 2014 1:54 PM

World Bank postpones $90mn health aid to Uganda over anti-gay law

The World Bank has postponed a 90 million dollar loan for the health system in Uganda after the President Yoweri Museveni signed an anti-gay bill into law. The Bank says it wants to carryout a review to ensure that the objectives of the development on health projects will not be adversely affected b...

February 28, 2014 1:44 PM

Canada keen on increasing business linkages with India: Governor General

The Governor General of Canada, David Johnston today said that Canada is keen on increasing business linkages with India, with particular focus on infrastructure, energy, food security, education, innovation and entrepreneurship. He was speaking at the launch of the entrepreneurship incubator in Mum...

February 28, 2014 9:01 AM

World Bank cancels loan to Uganda over tough new anti-gay law

The World Bank has postponed a 90 million dollar loan to Uganda over its tough new anti-gay law that has drawn criticism from around the world. The World Bank officials said they wanted to guarantee the projects the loan was destined to support were not going to be adversely affected by the new law....

February 28, 2014 9:00 AM

A week's temp pre-paid BSNL sim cards for Amarnath pilgrims

All registered pilgrims for Amarnath yatra can stay connected with their dear ones during the visit to the shrine as government-owned BSNL will provide them temporary prepaid sim cards which will remain operative for seven days. Chief Executive Officer of the Shri Amarnathji Shrine Board Navin K Cho...

February 27, 2014 7:14 PM

Indian exporters looking to boost trade with Iran

With Western sanctions on Iran easing, Indian exporters are looking to boost trade with the Gulf nation. Engineering Export Promotion Council of India said the renewed interest has prompted them to send a delegation to Iran this year to explore opportunity. The United States and its allies have alre...

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