`Foreign experts' controversy Plan panel dismantles consultative groups
IN a face-saving `formula' to put an end to the raging controversy over the inclusion of "foreign experts" into the consultation process for the mid-term appraisal of the Tenth Five-Year Plan, the Planning Commission today announced the ...
GDP grows 7.4% in April-June
THE Indian economy is on song, with a real gross domestic product growth of 7.4 per cent being registered during the first quarter of the current fiscal, against 5.3 per cent for the corresponding period of the previous year. The higher growth ...
Govt decides not to hike petrol, diesel prices
THE Government today decided that petrol and diesel prices would not be raised even though the public sector retailing companies have sought an upward revision owing to rising global crude prices. IOC, BPCL, HPCL, and IBP have been seeking a ...
`Illegal' ILD traffic: BSNL threatens to disconnect Reliance Infocomm
BHARAT Sanchar Nigam Ltd has threatened to pull the plug off Reliance Infocomm's international long distance network for allegedly carrying illegal traffic on its network. BSNL is understood to have disconnected Reliance's point of ...
UCO Bank puts BPL properties under the hammer
UCO Bank has put on auction the real estate holdings of consumer durables major BPL Ltd in Pune and in Bangalore. UCO Bank, one of the relatively smaller creditors in BPL's total outstanding debt of over Rs 1,400 crore, said it was taking ...
FIIs net sellers in derivatives in last 5 sessions
AT a time when the foreign institutional investors (FIIs) are bullish on Indian equity market, they have turned net sellers in the derivatives segment with sales crossing over Rs 1,200 crore in the last five trading sessions compared to net ...
Rlys penalises firms for overloading Mulls higher penalty
THE Ministry of Railways has imposed penalties on firms involved in overloading of freight traffic in excess of the rated capacity. It has also suspended certain officials, while transferring and sending some others on leave. The move follows the ...
Medical costs: Not a `healthy' picture for senior citizens
A SERIOUS illness and a couple of visits to the hospital can more than burn a hole in your purse. But the picture only gets grimmer as one moves into the senior citizens bracket and counters escalating costs in healthcare, say officials ...
India dons foreign direct investor mantle
BUOYED by the inroads made by its software, biotech, auto ancillary and oil companies abroad, India seems to have dropped the tag of being just an FDI destination and is increasingly donning the mantle of a major foreign direct investor. And the ...
Markets propped up by GDP data
THE BSE Sensex rallied for the second consecutive day on Thursday, with the bellwether closing at 5583.61 points, 56.05 points (or 1.01 per cent) higher than Wednesday's close. The announcement that India's GDP (Gross Domestic Product) by 7.4 ...
`Team India plays for BCCI, not Govt'
EVEN as the Government today backed Zee, supporting its stand that the Indian cricket board is a `State' within the meaning of Constitution, counsel for the Board of Control for Cricket in India (BCCI) said that players like Sachin Tendulkar, ...
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