Inclusive growth high on priorities of present government: Jaitley

Finance Minister Arun Jaitley has said that government will take adequate measures to ensure social security for the children, women and senior citizens of the country. During his Pre -Budget Consultative Meeting with the representatives of different Social Sector Groups in New Delhi yesterday, Mr J...

Crude falls below $30 a barrel for first time in 12 years

Crude falls below $30 a barrel for first time in 12 years

US crude prices fell below 30 US dollars a barrel for the first time in 12 years yesterday as OPEC member Nigeria called for an emergency meeting to address collapsing prices. New York's benchmark West Texas Intermediate (WTI) for February delivery fell to 29.93 dollars a barrel, a level la...

CBI registers case against 2 managers of Indian Overseas Bank

CBI has registered a case against two managers of Indian Overseas Bank and owner of a private company for allegedly cheating the bank of around eight crore rupees by issuing loans in the names of non-existing firms. The case has been registered on the allegations that during the period from June 201...

BHEL facing some financial crisis but will overcome it soon: Geete

Union minister for heavy industries Anant Geete today said that Maharatna company BHEL is facing some financial crisis at present but it will overcome it soon. Talking to media in Bhopal, he said that BHEL has received new work orders to the tune of 28 thousand crore rupees. He also said that there ...

Railways seek suggestions to formulate holistic hawker policy

Railways have sought suggestions to formulate a holistic hawker policy for the public transporter. The policy should aim at providing social justice to the hawkers and at the same time not lead to operational bottlenecks, said a senior Railway Ministry official. Suggestions can be posted at hawkerpo...

PM wants AIIB to focus on infra, connectivity in Asian region

Prime Minister Narendra Modi said , Asian Infrastructure Investment Bank (AIIB) should focus on development of infrastructure like rail, road and ports with a view to promoting connectivity and growth in the Asian region. Mr. Modi had a meeting with President-designate of AIIB, Jin Liqun yesterday i...

PM wants AIIB to focus on infra, connectivity in Asian region

Prime Minister Narendra Modi said, Asian Infrastructure Investment Bank (AIIB) should focus on development of infrastructure like rail, road and ports with a view to promoting connectivity and growth in the Asian region. Mr. Modi had a meeting with President-designate of AIIB, Jin Liqun yesterday in...

PM wants AIIB to focus on infra, connectivity in Asian region

Prime Minister Narendra Modi said, Asian Infrastructure Investment Bank, AIIB should focus on development of infrastructure like rail, road and ports with a view to promoting connectivity and growth in the Asian region. During the meeting with President-designate of the AIIB, Jin Liqun yesterday in ...

Oil gushes to new 12-year low

Global crude oil prices plunged overnight to a fresh 12-year low. US West Texas crude fell 1.50 dollar to 31.37 US dollars a barrel, its lowest level since December 2003. The global benchmark Brent price slumped 6.6 per cent to 31.31 dollars a barrel. The falls extended this year's 15 per c...