National

June 15, 2010 8:58 PM

FM asks banks to open more branches in eastern & NE regions

Finance Minister Pranab Mukherjee has asked banks to step up lending activities and open more branches in the Eastern and Northeastern regions. He said, financial inclusion means extending financial services to large number of people. In the last budget speech, Mr Mukherjee had said that the governm...

June 15, 2010 8:57 PM

Cabinet approves 10 per cent disinvestment in Coal India, Hindustan Copper

The government today approved disinvestment of 10 per cent equity each in mining companies Coal India Limited and Hindustan Copper Limited. The decision was taken at a meeting of the Cabinet Committee of Economic Affairs. Talking to reporters, Home Minister P Chidambaram said, disinvestment of Coal ...

June 15, 2010 8:50 PM

Local court acquits Shibu Soren in 1974 Kudko double murder case

A local court today acquitted former Jharkhand Chief Minister Shibu Soren in the 1974 Kudko double murder case for lack of evidence. In Giridih, the court of Additional District Judge, Mohammad Qasim, who had reserved the judgement on June 3, pronounced the verdict in the presence of the JMM chief. ...

June 15, 2010 8:47 PM

Govt approves 10 % disinvestment of equity in Mining companies

The government today approved disinvestment of 10 per cent equity each in mining companies Coal India Limited and Hindustan Copper Limited. The decision was taken at a meeting of the Cabinet Committee of Economic Affairs. Talking to reporters, Home Minister P Chidambaram said, disinvestment of Coal ...

June 15, 2010 8:45 PM

CBI arrest an accused in Jnaneshwari train derailment case

In West Bengal, the Central Bureau of Investigation has arrested an accused in the Jnaneshwari Train derailment Case. The accused was produced today before the Jhargram Court in Midnapur and was remanded to ten days' police custody. <br/><br/>The CBI has also requested Jhargram C...

June 15, 2010 8:45 PM

Govt drops contentious proposals from Direct Taxes Code

The government today dropped a contentious proposal to tax retirement benefits like PF on withdrawal, as also a move to levy Minimum Alternate Tax, MAT on corporates based on their assets, from the revised draft Direct Taxes Code.<br/><br/>The Code, released for public discussion...

June 15, 2010 7:34 PM

Death toll in Balia boat tragedy rises to 62

In Uttar Pradesh, with the recovery of 12 more bodies from Ganga River today, the death toll in the Ballia boat tragedy has climbed to 62.<br/> <br/>The Deputy Director General of Police Azamgarh Range Mr. Prakash D told AIR Lucknow correspondent this evening that among the dead ...

June 15, 2010 7:33 PM

State run oil companies increase aviation turbine fuel rate

The state-run oil companies today again raised jet fuel prices by over 1.7 per cent than the previous one. New rates will be effective from midnight tonight . Aviation turbine fuel (ATF) rates in Delhi have been raised by 688 rupees to 40,192 rupees per kilolitre.This was informed by an official of ...

June 15, 2010 7:04 PM

Govt to consider inclusion of 28 new cities in JNNURM: Jaipal Reddy

Urban Development Minister S Jaipal Reddy today said that the government will consider including 28 new cities in the Jawaharlal Nehru National Urban Renewal Mission, JNNURM. <br/><br/>Addressing a Business Standard Infrastructure Meet in Bangalore, Mr.Reddy said the number of pe...

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