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Business News

India's inflation falls to minus 1.58 percent


New Delhi, Aug 6 (IANS) India's annual rate of inflation fell marginally to minus 1.58 for the week ending July 25 from minus 1.54 the week before, according to official data rele...More

Drought will bring down Uttar Pradesh paddy output 60 percent


Lucknow, Aug 6 (IANS) Scanty rainfall in most parts of Uttar Pradesh, where 58 of its 71 districts have been declared drought-hit, will hit agricultural production leading to a sh...More

Sensex in the red, 81 points down late morning


Mumbai, Aug 6 (IANS) A key index of the Indian equities markets was ruling in the red Thursday after a weak start and shortly before noon was 81 points lower than its previous clo...More


Indian bank employees begin two-day strike


New Delhi, Aug 6 (IANS) Nearly one million bank employees in India, including some with private and foreign banks, began a two-day nationwide strike Thursday demanding higher wage...More

Unions should be constructive partners in growth: Amartya Sen


Kolkata, Aug 6 (IANS) Unions should be constructive partners in the growth of institutions to play a meaningful role in society, according to Nobel laureate and eminent economist ...More

No victors in Singur: Amartya Sen


Kolkata, Aug 6 (IANS) There were no victors in the Singur land acquisition stand-off, Nobel Laureate economist Amartya Sen has said, urging political parties to sit together and f...More


West Bengal keen to develop small industries on railway land


Kolkata, Aug 5 (IANS) The West Bengal government Wednesday requested Railways Minister Mamata Banerjee to hand over the excess railway land to the state government for developing ...More

Banerjee flags off women-only suburban special train


New Delhi, Aug 5 (IANS) Railway Minister Mamata Banerjee Wednesday flagged off the the first 'Ladies Special' train here for women commuters from Delhi to Palwal in Haryana and sa...More

Free TV and a cow for below poverty families in Puducherry


Chennai, Aug 5 (IANS) Puducherry Chief Minister V.Vaithilingam Wednesday announced his government would give free of cost a colour television set and one cow to each below poverty...More

Jet Airways sacks two pilots for joining union


New Delhi, Aug 5 (IANS) Jet Airways has sacked two of its senior pilots for joining a newly formed union. Balaraman and Sam Thomas were sacked for joinin...More

Kolkata dock handles record container traffic in July


Kolkata, Aug 5 (IANS) Kolkata Dock System of the Kolkata Port Trust has handled a record high monthly volume of container traffic of 34,287 20-foot equivalent units (TEUs) in July...More

Delhi Metro revenue surges on highest ridership


New Delhi, Aug 5 (IANS) Nearly one million people travelled by Delhi Metro Tuesday, the highest for the mass transit system so far, which helped the corporation to earn a whopping...More

Anil Ambani group says Reliance gas valuation not independent


Mumbai, Aug 5 (IANS) The Anil Dhirubhai Ambani group Wednesday alleged conflict of interest in naming the two experts who evaluated and validated the overstated capital cost of Kr...More

West Bengal acquires 200 acres for IT project


Kolkata, Aug 5 (IANS) The West Bengal government has acquired 200 acres of contiguous land for the Rajarhat information technology (IT) hub, where software majors like Infosys and...More

Court comes to rescue of aspiring pilot


New Delhi, Aug 5 (IANS) The Delhi High Court has asked the national airlines to conduct the re-examination of an aspiring pilot whose selection was denied on medical grounds despi...More

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