Business

February 19, 2014 2:19 PM

Delhi HC directs city govt not to implement 50% subsidy on power bills

The Delhi High Court today directed the city government not to implement the 50 per cent subsidy announced by it to people who did not pay their power bills from October 2012 to December 2013. A bench of justices B D Ahmed and Siddharth Mridul said in an oral order and listed the matter for the 21st...

February 19, 2014 1:47 PM

Trade and investment to be focus of Bahrain King's visit to India

India and Bahrain ties have grown over the past years and there is a tremendous potential to further enhance trade and economic co-operation between the two countries. The non-oil bilateral trade in 2012-13 between the two countries crossed US$ 1.3 billion. Bahrain is one of the sources of oil and a...

February 19, 2014 9:17 AM

Natn'l Tourism Awards: Sikkim best in rural tourism projects

Sikkim has been declared best state for implementing Rural Tourism Projects. Union Minister of State for Human Resource Development Shashi Tharoor gave away the National Tourism Award 2012-13 at a function in New Delhi yesterday. Elaborating the recently launched tourism project worth 140 crore rupe...

February 19, 2014 8:49 AM

40% of generic drugs from India; USFDA strengthening India ops <br/>

The US Food and Drug Administration, USFDA said on Tuesday, it was working with regulators in Mumbai to enhance the quality and safety of drugs as 40 per cent of generic drugs exported to America were from India. Margaret Hamburg, the visiting Commissioner of the US health regulator, termed India as...

February 19, 2014 8:42 AM

Natn'l Tourism Awards: Sikkim best state implementing rural tourism projects

Sikkim has been declared best state for implementing Rural Tourism Projects. Union Minister of State for Human Resource Development Shashi Tharoor gave away the National Tourism Award 2012-13 at a function in New Delhi yesterday. Elaborating the recently launched tourism project worth 140 crore rupe...

February 19, 2014 8:40 AM

2 Guj firms revise CNG, PNG prices

Gujarat State Petroleum Corporation, GSPC and Adani Gas Ltd have reduced prices of Compressed Natural Gas, CNG by more than 11 rupees per kg and Piped Natural Gas, PNG by over 6 rupees per standard cubic meter, SCM. New rates came into effect midnight last night. While new price of CNG in Ahmedabad ...

February 19, 2014 8:32 AM

6 more coal blocks de-allocated following delay in production

The government has de-allocated six coal blocks given to firms following delay in production. According to the Coal Ministry, the blocks which are de-allocated include the mines alloted to Hindalco Industries, Tata Power, Century Textiles and Industries, J K Cement and others.The deallocations follo...

February 18, 2014 9:38 PM

Coal Ministry de-allocates six coal blocks

The government today de-allocated six coal blocks given to firms following delay in production. According to the Coal Ministry, the blocks which are de-allocated include the mines allotted to Hindalco Industries, Tata Power, Century Textiles and Industries, J K Cement and others. The deallocations f...

February 18, 2014 1:18 PM

Chidambaram: Indian economy is back on high growth path

Finance Minister P Chidambaram today said, the government has pulled back the economy from a difficult situation and put it back on a high growth path. He rejected the description of his interim Budget as populist, and said 2014 interim Budget must be seen as part of getting growth back when the eco...

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