Telecom spectrum auction begins, bids received in all circles for both bands

The third round of the telecom spectrum auction opened on Monday with Bids have been received in all 22 service areas in 1800 MHz band and in all three service areas in 900 MHz band.An official statement said that four rounds of bidding have been completed.The auction started at 9 AM on Monday.Eight...

SC seeks responses from Centre, CAG on revenue audit of telcos

The Supreme Court on Monday sought responses from the Centre and Comptroller and Auditor General of India on revenue audit of telecom companies.The court was hearing two separate pleas of private telecom majors against a Delhi High Court verdict holding that CAG can conduct their revenue audits.The ...

Forthcoming budget would be interim, says Chidambaram

Government has indicated that it may not pursue key reforms legislations due to lack of political consensus. Addressing a press conference in New Delhi, Finance Minister P Chidambaram on Monday said his vote-on-account budget to be presented in the Lok Sabha on 17th of this month.He said the forthco...

Forthcoming budget would be interim, says Chidambaram

Finance Mininster P Chidambaram has said that the forthcoming budget would be an interim one and would accommodate proposals which do not require constitutional amendment. Addressing a press conference in New Delhi, the finance minister said changes will be made in tax rates so that they do not requ...

Israeli FM stops transfer of public funds to West Bank settlements till inquiry into alleged misuse is completed

India's tea production increased by 6.5 per cent in the year 2013. According to the Indian Tea Association, ITA, country's tea production rose to 1,200 million kilograms during last year as against 1,126 million kilograms a year ago.Exports during the nine-month period from January...

India's tea production increased by 6.5 per cent in the year 2013. According to the Indian Tea Association, ITA, country's tea production rose to 1,200 million kilograms during last year as against 1,126 million kilograms a year ago.Exports during the nine-month period from January...

India's tea production increased by 6.5 per cent in the year 2013

According to the Indian Tea Association, ITA, country's tea production rose to 1,200 million kilograms during last year as against 1,126 million kilograms a year ago.Exports during the nine-month period from January to September 2013 also went by 5 per cent. CIS countries imported maximum o...

Govt committed to better social protection of workers in unorganized sector

The Government is committed to improving the social protection of workers in the unorganized sector. Addressing the 46th session of the Standing Labour Committee, the Minister of State for Labour and Employment, Mr K Suresh said, the Centre has started a number of schemes for providing death, disabi...

CCI orders fresh probe into Coal India and subsidiary for violations

The Competition Commission of India has ordered fresh probe into the state-run miner Coal India and its subsidiary for alleged abuse of dominant market position in fuel supplies. The probe would also look into the role of executives who were in-charge of business if violations of competition norms a...