India

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‘Adarsh land belongs to govt., not Army’

Written on 17 Apr, 2012 at 15:07 in India | viewed 84 times | 0 Comments

Mumbai:In a huge relief to the Maharashtra government, the judicial commission of inquiry looking into the Adarsh housing scam has held that the land on which the controversial building stands belongs to the State and not the Army. The two-member panel,... (Continue reading)

RBI cuts lending rate, loans to become cheaper

Written on 17 Apr, 2012 at 12:58 in India | viewed 68 times | 0 Comments

Mumbai: After a gap of three years, Reserve Bank Governor D. Subbarao on Tuesday slashed short term lending rate by 0.50 per cent to 8 per cent, a move that will reduce the cost of home, auto and corporate loans. The... (Continue reading)

Akhilesh meets Manmohan, seeks funds for UP

Written on 14 Apr, 2012 at 14:18 in India | viewed 126 times | 0 Comments

New Delhi: Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday met Prime Minister Manmohan Singh and demanded smooth transfer of funds for Central schemes like MNREGS and asked for help in holding the forthcoming Kumbh festival, cleaning of the Ganga... (Continue reading)

Yale expresses regret over Shah Rukh detention

Written on 14 Apr, 2012 at 14:08 in India | viewed 129 times | 0 Comments

New York: America’s prestigious Yale University, which had invited Bollywood actor Shah Rukh Khan, on Saturday, said that his detention was “unfortunate” but things were sorted out in the end. “As SRK himself would tell you, what is most important in... (Continue reading)

Error in IIP calculation baffles Pranab

Written on 13 Apr, 2012 at 17:53 in India | viewed 105 times | 0 Comments

New Delhi: Terming sharp revision in the industrial production data as “totally baffling”, Finance Minister Pranab Mukherjee on Friday said he has asked the authorities concerned to look into the issue. “I can understand if there is error in calculating 0.1... (Continue reading)

No coercive action against Nupur, CBI tells Supreme Court

Written on 13 Apr, 2012 at 17:33 in India | viewed 106 times | 0 Comments

New Delhi: The CBI, which had raided dentist Nupur Talwar’s residence after issuance of non-ailable warrant against her, on Friday submitted to the Supreme Court that it would not arrest her during the pendency of her plea against the NBW. As... (Continue reading)

SRK detained again in US: Mechanical apology not enough, says India

Written on 13 Apr, 2012 at 14:24 in India | viewed 66 times | 0 Comments

New Delhi: Reacting strongly to the detention of Bollywood superstar Shah Rukh Khan at a New York airport, India on Friday asserted that “mechanical apology” from the U.S. side in such cases was not “adequate” and that it will take... (Continue reading)

Centre files Presidential reference in Supreme Court on 2G order

Written on 12 Apr, 2012 at 18:22 in India | viewed 96 times | 0 Comments

New Delhi:The government on Thursday moved the Supreme Court with a Presidential reference for its opinion on issues arising out of its 2G spectrum judgement including whether auctioning of natural resources across all sectors is mandatory under all circumstances. It placed... (Continue reading)

Cabinet approves NLC’s proposed JV for U.P. power project

Written on 12 Apr, 2012 at 15:24 in India | viewed 84 times | 0 Comments

New Delhi: The government on Thursday approved the State-owned Neyveli Lignite Corporation’s (NLC) proposed joint venture to set up a Rs. 10,000 crore thermal power project in Uttar Pradesh. The Cabinet has given its approval to NLC for the JV to... (Continue reading)

Govt approves turnaround plan for Air India

Written on 12 Apr, 2012 at 15:18 in India | viewed 80 times | 0 Comments

New Delhi: In a big boost to ailing Air India, the government on Thursday approved a turnaround plan (TAP) to restructure the operations and the finances of the cash-strapped carrier, including infusion of additional equity. “The turnaround plan of Air India... (Continue reading)