Business

January 11, 2015 4:17 PM

A strong Consumer Interest Protection Authority will be established in the country to protect the interest of the consumers. This was disclosed by Union Minister for Consumer Affairs, Food and PDS Ram Vilas Paswan at Kochi in Kerala Friday night. He said, it would not be parallel to the existing con...

January 11, 2015 4:13 PM

RBI Guv hails govt's direction to state-run banks to act without fear, favour

RBI Governor Raghuram Rajan has hailed the government direction to state-run banks to act without fear or favour. Addressing a function in Mumbai, Dr. Rajan stressed on the need for independent institutions with public credibility and confidence in the country. He pointed out that it is not resource...

January 11, 2015 12:20 PM

FIIs pull out Rs 1700 cr from equities so far in Jan

Overseas investors have pulled out nearly 1,700 crore rupees from the Indian stock markets in January, so far, following a steep fall in crude oil prices amid slowing global growth.The outflow comes after investments from Foreign Institutional Investors (FIIs) in the equities hit a 10-month low of 2...

January 10, 2015 9:39 PM

US House, Nebraska State Court approve Keystone Pipeline

In US, House of Representatives have passed legislation approving the construction of a controversial oil pipeline. The move followed a key court ruling that removes a major obstacle to the long delayed project. Friday was the tenth time since 2011 that the House has passed a bill approving the Keys...

January 10, 2015 9:29 AM

Indonesia's Transport Ministry suspends 61 domestic flight routes

Indonesia's Transport Ministry said it has suspended 61 domestic flight routes operated by national flag carrier Garuda and a group of budget airlines because they do not have permits. The suspensions followed a probe into the Indonesian aviation sector after an AirAsia plane that crashed o...

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