Business

March 31, 2012 8:59 PM

Bajaj three wheelers to cost more in Sri Lanka<br/>

Indian made petrol-driven Bajaj three wheelers will cost more in Sri Lanka. The Sri Lankan Government has hiked the import taxes these vehicles from 51 percent to 100 percent. Taxes on diesel three wheelers goes up from 61 percent to 100 percent and electric three wheelers from 27 percent to 50 perc...

March 31, 2012 8:23 PM

India records decline in child mortality rate

India has recorded a decline in under-five mortality rate. However, more females are dying even now before they reach their fifth birthday. Country&apos;s latest Sample Registration System data finalised by the Registrar General of India says India in total saw 15.41 lakh under-five deaths in 20...

March 31, 2012 7:34 PM

India gives over $ 4 million to UNDEF

India has given over four million dollars to the UN Democracy Fund - UNDEF. This brings up its total contribution to 30 million dollars since the Fund was launched by Prime Minister Manmohan Singh and the then US President George Bush in 2005 for promotion of democratic values.India&apos;s Perma...

March 31, 2012 6:50 PM

Inflation to fall 6 to 7% in coming days: Pranab

Finance Minister Pranab Mukherjee says, inflation could be 6 to 7 percent range in the coming days. Addressing a function in Kolkata today he said that the growth will be hampered if it falls below 6 to 7 percent. He hoped that, the Reserve Bank will keep this in view while making policy rates formu...

March 31, 2012 6:34 PM

Jet fuel ATF to cost more

Jet fuel - ATF - is to cost more. State-owned oil firms have decided to hike Aviation Turbine Fuel - ATF - price by about 3 per cent. This will come in to force from midnight tonight.

March 31, 2012 6:11 PM

RBI calls for greater focus on state finances<br/>

The Reserve Bank has called for greater focus on state finances. A study of the Bank taken up as part of fiscal transparency initiatives says, structural issues confronting state finances should be looked in to. This should be done particularly for those states that could not undertake rule-based fi...

March 31, 2012 2:01 PM

In a big boost to its precarious financial position, Air India&apos;s Financial Restructuring Plan (FRP) has been approved by a consortium of banks. This may enable the ailing carrier save several hundred crores of rupee in the first year itself.According to airline officials, as part of the FRP...

March 31, 2012 12:44 PM

Govt may withdraw excise duty on non-branded jewellery

Finance Minister Pranab Mukherjee has said the Centre was considering the demand made from different quarters to withdraw excise duty on non-branded jewellery.On his arrival in Kolkata on Friday, Mukherjee was responding to media queries on whether the Centre is considering withdrawal of excise duty...

March 30, 2012 8:08 PM

Sibal launches Indo-US joint venture project, OPGL<br/>

Union Communications and IT minister, Kapil Sibal today launched the Indo-US joint venture project, Open General Government Platform (OPGL) for making available Data from both countries. The project envisages openness, transparency and engaging of citizens in participative governance. Speaking on th...

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