Mobile roaming may cost less TRAI plans ceiling of Rs 1.75 a minute on airtime charges
MOBILE roaming charges are set to come down by 50 per cent with the Telecom Regulatory Authority of India (TRAI) planning to fix a ceiling of Rs 1.75 per minute on roaming airtime charges. This will bring down the overall roaming tariff, which ...
Cabinet clears DA hike for Govt staff
THE Cabinet today approved a three-percentage point increase of dearness allowance (DA) and dearness relief to Central Government employees and pensioners respectively. Thus the rate of DA from July 11 will be 14 per cent, up from the existing ...
No broadcaster meets BCCI's criteria: HC
THE Bombay High Court on Friday observed that neither Zee Telefilms nor ESPN-Star Sports would qualify to bag the telecast rights they are contending for, if the conditions of the Board of Control for Cricket in India's (BCCI) tender were ...
Sensex gains 83 points on heavy FII buying
AIDED by news of the fall in the inflation rate and heavy buying by FIIs and institutions, the bourses witnessed a sharp rally on Friday. Taking the spotlight away from mid-cap companies, aggressive buying in the heavyweight scrips, especially ...
Manufacturing competitiveness council okayed
THE Cabinet Committee on Economic Affairs (CCEA) has approved the setting up of a National Manufacturing Competitiveness Council (NMCC) to energise and sustain the growth of the manufacturing sector. This is part of the proposals put forward in ...
Exports rise 28 pc in Aug at $562 m
CONTINUING its buoyant trend of the past months, the country's exports logged a growth of 28.13 per cent in dollar terms at $562.53 million in August, with the cumulative export growth running at 26.08 per cent during the first five months of ...
Inflation declines on cheaper oilseeds, poultry
THE annual wholesale price-based inflation rate eased to 7.81 per cent for the week ended September 4, from a four-year high of 8.33 per cent during the previous week, largely due to a higher base effect. According to the data released by the ...
Nod for Ordinance to amend Securities Contracts Act Way paved for corporatisation, demutualisation of exchanges
THE Union Cabinet on Friday gave its nod for the promulgation of an Ordinance to amend the Securities Contracts (Regulation) Act, 1956 (SCRA), which would pave the way for corporatisation and demutualisation of stock exchanges in the ...
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