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Business News

Deora briefs prime minister on Reliance gas


New Delhi, Aug 12 (IANS) A day after Reliance Anil Dhirubhai Ambani Group accused the petroleum ministry of misguiding the Prime Minister's Office (PMO), oil minister Murli Deora ...More

Jaypee Group, Larsen and Toubro tie up for thermal project


New Delhi, Aug 12 (IANS) Engineering and construction major Larsen and Toubro (L&T) will supply and erect boiler and steam turbine for a thermal power project that Jaiprakash Powe...More

Fact sheet on the proposed new direct tax code


New Delhi, Aug 12 (IANS) The following are some salient features pertaining to the new Direct Tax Code proposed by the government, for which a draft and a discussion paper were re...More


India promises new direct tax law that all can understand


New Delhi, Aug 12 (IANS) Finance Minister Pranab Mukherjee Wednesday unveiled a draft of the new Direct Tax Code to replace the five-decade-old Income Tax Act with easy-to-compreh...More

Kerala mulls constructing north-south highway


Thiruvananthapuram, Aug 12 (IANS) State Public Works Minister Mons Joseph Wednesday said a feasibility study would be conducted shortly for a highway that will connect the norther...More

Rs.5,000-crore investment expected in technical textiles


New Delhi, Aug 12 (IANS) The government Wednesday said it expected investments of Rs.5,000 crore and employment of nearly three lakh in the technical textiles sector by 2012. ...More


Swine flu: Takers for extended weekend getaway dips


New Delhi, Aug 12 (IANS) An extended weekend is coming up with Janmashtami and Independence Day leading up to a Sunday, but what could have been a perfect three-day getaway to a n...More

Sensex ends 54 points down


Mumbai, Aug 12 (IANS) A key index of Indian equities markets recouped most of the day's losses Wednesday, but still closed 54 points below its previous close. ...More

Agri-products perish before reaching consumers, admits government


New Delhi, Aug 12 (IANS) Even as the prices of fruits and vegetables soar daily, the central government has admitted large volumes of agricultural produce perish before reaching c...More

Steel authority set to bag Chhattisgarh iron ore reserve


Bhilai (Chhattisgarh), Aug 12 (IANS) Steel Authority of India Ltd (SAIL) is set to bag a 2,028-hectare block in the Rowghat iron ore mine deposits in Chhattisgarh to feed its flag...More

Sensex moves up from intra-day low


Mumbai, Aug 12 (IANS) A key index of the Indian equities markets moved up from its intra-day low Wednesday afternoon but was still 221 points lower than its previous close. ...More

India's industrial output up 7.8 percent in June


New Delhi, Aug 12 (IANS) Further signs of recovery in India's industrial sector emerged Wednesday with the latest official data indicating a 7.8 percent growth in June over the li...More

Action against airlines erring in H1N1 screening: Regulator


New Delhi, Aug 12 (IANS) India's aviation sector regulator has warned all airlines operating on international routes of 'appropriate action' if they failed to comply with instruct...More

Not a 'fruitful' monsoon for Himachal


Shimla, Aug 12 (IANS) It's been a double whammy for farmers in Himachal Pradesh, known as India's fruit bowl. After poor snowfall last winter, it's deficient rainfall this monsoon...More

Weatherman predicts rain in drought-hit Bihar


Patna, Aug 12 (IANS) The meteorological department here Wednesday predicted widespread rainfall in Bihar in the next 48 hours. Thousands of drought-stricken farmers will get succo...More

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