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September 23, 2012 1:35 PM

FDI in retail not a threat to kirana shops: Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia today said modern retail is an expanding segment and it would more than double in a very short time. Speaking at a TV programme, he allyed fears that opening up of the retail sector for FDI will hurt small kirana shops. Lauding the governmen...

September 23, 2012 1:23 PM

US stops 20 Iran officials attending UNGA

The United States has denied visas to about 20 Iranian government officials hoping to attend next week's United Nations General Assembly. Iran's Fars news agency said those denied visa include two ministers but it did not name them. Iranian President Mahmoud Ahmadinejad, a regular at the a...

September 23, 2012 9:27 AM

SBI cuts prime lending rate by 0.25 per cent

The State Bank of India, SBI has announced a reduction in lending rates by 0.25 per cent for those who availed loans before July 2010. The bank's new benchmark prime lending rate, BPLR has been set at 14.50 per cent. The new rate will be effective from September 27.Earlier on September 18, the ...

September 23, 2012 9:24 AM

SBI cuts prime lending rate by 0.25 percentage points

September 23, 2012 9:22 AM

Indian Industry hails Prime Minister's resolve on economic reforms

Industry bodies have lauded Prime Minister Dr Manmohan Singh for taking bold decisions to move ahead with economic reforms despite political compulsions. In a statement, CII President President Adi Godrej said, the Prime minister has unambiguously sent a message that the government is determined to ...

September 22, 2012 9:03 PM

PM says time will prove hard decisions taken are in national interest

The Prime Minister says, time will prove that the hard decisions were taken in national interest. Dr. Manmohan Singh said the resistance against important economic decisions felt now, is not any different than in 1991, when the country unshackled itself from the license Raj. Calling for creating an ...

September 22, 2012 8:23 PM

Congress withdraws support to Mamta led govt. in WB

Congress has withdrawn support to Trinamool Congress Chief Mamta Bannerjee led government in West Bengal. The party leaders met Governor M.K. Narayanan in Kolkata on Saturday evening and handed over the letter withdrawing support to the state Government. Earlier, the six Congress Ministers tendered ...

September 22, 2012 8:22 PM

Congress withdraws support to Mamta led government in WB

September 22, 2012 6:45 PM

Congress withdraws support from Mamta govt.

September 22, 2012 6:44 PM

C P Joshi gets additional charge of Railway Ministry

Union Minister for Road, Transport and Highways Dr C P Joshi have been given additional charge of Railway Ministry on Saturday a day after the resignation of Mukul Roy and other Trinamool Congress ministers. According to Rashtrapati Bhavan spokesperson Venu Rajamony, Dr Joshi was assigned with the a...

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