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Updated: 1 year 1 week ago

Maharashtra sadan scam: ED arrests NCP leader Chhagan Bhujbal

Mon, 03/14/2016 - 22:32
According to an ED official, the arrest of the former PWD minister was effected under the provisions of the Prevention of Money Laundering Act (PMLA) after he allegedly refused to cooperate during questioning. The agency also recorded his statement in the case.

Bankruptcy Bill will be tough on wilfull defaulters: Sinha

Mon, 03/14/2016 - 22:20
In an interview with CNBC-TV18, Minister of State for Finance Jayant Sinha talked about the Bankruptcy Bill and said that it will strengthen recoveries and willful defaulters will find it very difficult to do business in India or abroad under this code.

20 years on, Hyundai to up stakes in Indian market

Mon, 03/14/2016 - 22:19
Korean carmaker Hyundai is keen on giving India's largest carmaker a run for its money. But even as it challenges Maruti Suzuki's position in India, Hyundai is eyeing bigger fish -- using India's latest elevation to Hyundai's number three market globally to spearhead its volume-based global strategy.

German voters batter Merkel over migrant policy

Mon, 03/14/2016 - 22:05
The result is a big setback for Merkel, who has led Europe's biggest economy for a decade, and could narrow her room for manoeuvre as she tries to convince her European Union partners to seal a deal with Turkey to stem the tide of migrants.

OPEC output falls despite Iran returning to market

Mon, 03/14/2016 - 21:50
The decrease can be largely attributed to a steep production drop in Iraq, which has suffered from the global price slump for crude and rival oil exports by the autonomous Kurdistan region, the Organization of the Petroleum Exporting Countries said in its February monthly report.

Gulf Oil partners Manchester United as global sponsor

Mon, 03/14/2016 - 21:50
The partnership marks Gulf's intent to strengthen its brand presence globally as well as enable it to engage with Manchester United's worldwide fan base.

RBI to infuse Rs 15,000 cr liquidity via OMO

Mon, 03/14/2016 - 21:48
OMOs are market operations conducted by RBI by way of sale/purchase of government securities to/from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis.

Irdai adds 3 more products under point of sale persons format

Mon, 03/14/2016 - 21:48
The Insurance Regulatory and Development Authority of India (Irdai) has already put in place the concept of Point of Sales Persons to solicit and market pre-underwritten insurance products.

Odisha to amend FRBM Act to create fiscal space

Mon, 03/14/2016 - 21:48
The amendment is being made as per the flexibility provided by the 14th Finance Commission in its Fiscal Consolidation Roadmap to set the fiscal deficit targets and annual borrowing, Chief Secretary A P Padhi said.

Foreign tourists cross 5 lakh mark in Goa in 2014: Minister

Mon, 03/14/2016 - 21:48
The foreign tourist arrivals in Goa crossed five lakh mark during 2014 while the growth continued in the subsequent year, state Tourism Minister Dilip Parulekar informed the Assembly today.

Decomposed body found at site of World Culture Festival

Mon, 03/14/2016 - 21:48
The body of an unidentified man was today found at the site of the just-concluded World Culture Festival on the Yamuna floodplains here, police said.

Gain from low crude prices being used for infra: FM

Mon, 03/14/2016 - 21:48
Under attack for not passing on benefits of fall in crude prices to consumers, Finance Minister Arun Jaitley today said the savings are being used for developing infrastructure to push growth and create jobs besides enabling oil marketing companies meet their losses that once stood at Rs 30,000 crore.

Chinese coal miners strike over wages, layoffs

Mon, 03/14/2016 - 21:48
Video obtained by AFP today showed protesters marching through the streets of Shuangyashan city in Heilongjiang province, venting their frustration at Longmay Mining Holding Group, the biggest coal firm in northeast China.

Mahindra earmarks Rs 10,000cr investment till FY18

Mon, 03/14/2016 - 21:48
Mahindra Mahindra today said it will invest Rs 10,000 crore up to FY2017-18 to fund overall growth activity, including acquisitions.

Jindal Power to sell 4.12% stake in IEX by March-end

Mon, 03/14/2016 - 21:48
Jindal Steel and Power (JSPL) today said its subsidiary Jindal Power has entered into a definitive agreement to divest 4.12 percent stake in Indian Energy Exchange for an undisclosed amount by month-end.