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June 18, 2012 2:21 PM

Railways register increase in revenue in commodity ferrying

The Railways have registered an increase in revenue of more than 25 per cent from ferrying commodities this year. According to a press release by the Ministry of Railways, in April-May this year, the Railways earned more than 14,000 crore rupees as compared to about 11,000 crore last year.The Railwa...

June 18, 2012 1:38 PM

G20: PM to meet British, Canadian counterparts

Dr Manomohan Singh would have a series of bilateral meetings on the side-lines of the G-20 Summit including his British and Canadian counterparts.Briefing newsmen Foreign Secretary Mr Ranjan Mathai said the prime minister during his meeting with the newly elected French president Francois Hollande w...

June 18, 2012 1:16 PM

Retain inflation in May moved up to 10.36 per cent

The retail inflation moved up marginally to 10.36 per cent in May on account of increase in prices of vegetables, edible oils and milk. The Minister of State for Statistics and Programme Implementation, Mr. Srikant Kumar Jena released on Monday the data in New Delhi.According to data the inflation f...

June 18, 2012 1:11 PM

Srinivasan appears before CBI

The BCCI Chairman Srinivasan who is also the Managing Director of India Cements, has appeared before the CBI in Hyderabad on Monday in connection with the disproportionate assets case against Kadapa Lok Sabha Member Y S Jaganmhan Reddy. According to official information, a team of CBI officials, has...

June 18, 2012 1:08 PM

High inflation have influenced RBI decision:Pranab

Finance Minister Pranab Mukherjee Monday said that high inflation must have influenced RBI decision.Talking to media in New Delhi on Monday, Mr Mukherjee said that Wholesale Price Index, WPI inflation was 7.56 per cent last month. The Finance Minister said, there has been some marginal increase in C...

June 18, 2012 12:54 PM

RBI keeps all key rates unchanged to tame inflation

In an unexpected move and in a bid to tame the inflation, the Reserve Bank of India (RBI) has decided to keep all the key rates unchanged in its mid-quarter policy review on Monday.The cash reserve ratio (CRR) has been kept unchanged at 4.75 per cent while the policy repo rate has been retained at 8...

June 18, 2012 12:42 PM

Indo-Pak talks on Sir Creek issue on Monday

India and Pakistan Foreign Secretary level talks are beginning in New Delhi on Monday to resolve the maritime boundary dispute in the Sir Creek region. The two-day talks on the Sir Creek issue are being held a week after the inconclusive Defence Secretary level talks on Siachen in Rawalpindi.AIR Cor...

June 18, 2012 10:21 AM

West Bengal CM to discuss political scenario with party leaders

The Trinamool Congress President and West Bengal Chief Minister Miss Mamata Banerjee will meet all her party MP's and MLA's in Kolkata on Monday to discuss the present political scenario in the country. The crucial meeting assumes significance following her refusal to accept Mr Pranab Mukh...

June 17, 2012 8:17 PM

Continuing problems in Europe would dampen global markets, says PM

The Prime Minister is now on his way to Los Cabos in Mexico to attend the crucial G-20 summit. Dr. Manmohan Singh Left Frankfurt on Sunday after an overnight stay. The two day summit beginning tomorrow is likely to devote substantial time to deliberate on an action plan to revive growth, amidst a me...

June 17, 2012 2:19 PM

Pranab indicates action by RBI & Gov to check economic slowdown

Finance Minister Pranab Mukherjee says, the government is not sitting idle on reforms and indicated a cut in interest rates by the RBI, in its review of Monitory policy tomorrow, to arrest the slowdown in Economic growth. Addressing an Assocham conference in Mumbai yesterday, Mr Mukherjee said, the ...

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