Rs 550-cr sop for export boost

The Government has announced fiscal incentives of Rs 500 crore to boost exports. The sops announced for exporters of select products also aims at helping them to cope with the uneven global recovery marked by problems in Europe. It will cover the period of January to December this year. The sops, un...

Air mail service turns 100

The Air Mail Service is completing is 100 years. On this historic occasion, Uttar Pradesh Governor B L Joshi released of a set of four stamps. A special Indian Air Force helicopter with letters flew again this morning on the same route from Allahabad to Naini to remember the historic day and pay tri...

Thanks to West, exports up 32.5%

India's exports grew by a healthy 32.5 per cent year-on-year to $20.6 billion in January this year on account of increasing demand in the western markets. During April-January this fiscal, the country's shipments went up by 29.4 per cent to over 184 billion dollar. Talking to repor...

Air mail service turns 100

The Air mail service is completing its 100 years. The world's first official Airmail was flown from Allahabad to Naini in February 1911. To mark this occasion, an air mail flight will take off today from Allahabad to Naini. The historic flight, which took off on 18th February 1911 from Alla...

Industrial growth slowed down to 1.6 per cent in December, 2010, from 18 per cent in the same period a year ago. The slow down is due to the poor performance of the manufacturing sector. In November, 2010, the Index of Industrial Production (IIP) had expanded by a meagre 2.7 per cent. Finance Minist...

Air mail service completing hundred years

Air mail service is completing one hundred years .The world's first Air mail service was flown on 18th February 1911 from Allahabad to Naini covering about five miles with postal letters. The Department of Post and Indian AirForce are making the historic day alive by creating air mail fligh...

SBI increases BPLR by 0.25%

State Bank of India has revised its Benchmark Prime Lending Rate - BPLR- upwards by 0.25 per cent. It has been increased from 12.75 per cent to 13 per cent, per annum, effective from Monday.

500 crore rupees incentives announced to boost exports

The government has announced fiscal incentives worth 500 crore rupees to boost exports. The sops announced for exporters of select products today also aims at helping them to cope with the uneven global recovery marked by problems in Europe. It will cover the period of January to December this year....

Industrial growth slows down to 1.6% in December

Industrial growth slowed down to 1.6 per cent in December, 2010, from 18 per cent in the same period a year ago. The slow down is due to the poor performance of the manufacturing sector.In November, 2010, the Index of Industrial Production (IIP) had expanded by a meagre 2.7 per cent.Official data re...

SBI increases BPLR- upwards by 0.25%

State Bank of India has revised its Benchmark Prime Lending Rate - BPLR- upwards by 0.25 per cent. It has been increased from 12.75 per cent to 13 per cent, per annum, effective from Monday.