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September 17, 2012 8:20 PM

FinMin rules out rolling back decisions on diesel, LPG & FDI in retail

Indicating unleashing of more measures to boost economy, Finance Minister P Chidambaram today ruled out rolling back decisions on diesel, LPG and FDI in retail and expressed confidence that the government faces no threat from allies either inside or outside. Close on the heels of the government taki...

September 17, 2012 8:18 PM

Govt to de-allocate one more coal block, Gourangdih ABC

The Government today decided to de-allocate one more coal block, Gourangdih ABC, jointly given to JSW Steel and Himachal EMTA .It also decided deduction of bank guarantees of two allottees for failing to develop mines within time. With this, the government has approved cancellation of licenses of fi...

September 17, 2012 2:04 PM

CBI questions Jayaswal in connection with coal block allocation scam

The Central Bureau of Investigation, CBI, today questioned Arvind Jayaswal, one of the directors of AMR Private Limited in connection with coal block allocation scam. AMR Iron and Steel is among the companies named by the CBI in its FIRs. Vijay Darda, a Congress Rajya Sabha member and associated wit...

September 17, 2012 1:54 PM

RBI releases Mid-Quarter Review of Monetary Policy 2012-13

The Reserve Bank of India,RBI, has released the Mid-Quarter Review of Monetary Policy 2012-13. Much to the relief of bankers, the RBI has reduced the Cash Reserve Ratio - CRR by 25 basis points from 4.75 per cent to 4.50 per cent. CRR is the amount of money that banks have to keep with RBI. The RBI ...

September 16, 2012 8:39 PM

Incessant rains claim three more lives in Uttar Pradesh

In UP, the normal life remained paralyzed due to incessant rain in different parts of the state. Three people have died in the incidents of house collapse in Jaunpur and Ambedkar Nagar today raising the death toll in the state to 23 during past three days.Over a dozen houses collapsed in a village i...

September 16, 2012 8:38 PM

Power generation in Koodankulam plant to start next month, says Narayansamy

Minister of State in Prime Minister's Office Sh V Narayansamy said that the power generation in Koodankulam Nuclear power plant will start by October. Speaking to reporters at Madurai airport today, he said that clearance of Atomic energy regulatory board expert committee is expected in a day or two...

September 16, 2012 8:37 PM

Power generation in Koodankulam plant to start next month, says Narayansamy

Minister of State in Prime Minister's Office Sh V Narayan Swamy said that the power generation in Koodankulam Nuclear power plant will start by October. Speaking to reporters at Madurai airport today, he said that clearance of Atomic energy regulatory board expert committee is expected in a day or t...

September 16, 2012 8:36 PM

Incessant rain paralyses normal life in UP

In UP, the normal life remained paralyzed due to incessant rain in different parts of the state. Three people have died in the incidents of house collapse in Jaunpur and Ambedkar Nagar today raising the death toll in the state to 23 during past three days. Over a dozen houses collapsed in a village ...

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