Declaration needed if 2 separate LPG connections in same household: Moily

Petroleum and Natural Gas Ministry has asked LPG dealers to consider the applications for two separate connections from the same household address if they are genuine. However, the applicant will have to make a declaration in this regard, Petroleum Minister told this to the Lok Sabha today.He said o...

Nigeria's Central Bank Governor suspended for misconduct

Nigeria's central bank Governor Lamido Sanusi has been suspended by the President for financial recklessness and misconduct. Mr Sanusi caused shockwaves in Nigeria when he alleged that 20 billion dollars in oil revenue had gone missing. Nigeria's state oil firm has denied failing t...

IMF projects 5.4% economic growth for India in 2014-15

International Monetary Fund, IMF has projected a higher 5.4 per cent economic growth for India in 2014-15. The IMF yesterday suggested strengthening of inflation management polices and doing away with supply bottlenecks for better GDP. The IMF also sees inflation, driven by food prices, remaining ne...

HC gives green signal for Chennai elevated corridor project

The Madras High Court has giventhe green signal to the 1,800 crore rupees Chennai Port- Maduravoyal Elevated Corridor while allowing a writ petition filed by the National Highways Authority of India, NHAI. The Division Bench comprising Justices N Paul Vasanthakumar and P Devadoss yesterday set aside...

Fix cut-off for FM radio operators to migrate to phase 3: TRAI to I&B

Facebook buys mobile messaging co WhatsApp for $19bn

Social media giant Facebook has announced that it has purchased popular mobile messaging company WhatsApp for a whopping 19 billion dollars. It is the largest acquisition by the Mark Zuckerberg-led firm so far that will give it a stronghold in the market for messaging. WhatsApp hasmore than 450 mill...

Cross LoC trade resumes in Jammu region

After remaining suspended for over three weeks, the cross LoC trade in Jammu region, resumed today. Nine trucks each from PoK and Jammu crossed over at Chakan-Da-Bagh-Rawalakote crossing point.The Cross LoC trade was suspended by the PoK trade authorities on January 17 after Jammu and Kashmir Police...

CCEA nod for setting up of coal regulator

The Cabinet Committee on Economic Affairs, CCEA, has given its nod to the proposal to set up coal regulator. Highly placed sources said that the regulator would be set up through an executive order. The regulator will be empowered to specify the principles and methodology for determination of price ...

Nanoscience & Tech Mission Phase 2 to be continued in 12 FYP

The Cabinet has approved continuation of the Mission on Nano Science and Technology phase-2 in the 12th plan. The Mission which is a knowledge based extensive and enabling technology is expected to influence a wide range of products and processes with far-reaching implications of the national econom...

7,200 kms of state roads to be converted to National Highways

The government today decided to convert 7,200 kilometres of state roads into national highways. With this the total length of the state highways converted into National Highways will reach about 17,000 kilometres. The decision was taken at a Cabinet Meeting held in New Delhi this morning.