PSUs import 3.39 Lakh Tonne Pulses

NEW DELHI: The Public Sector Undertakings (PSUs), PEC, MMTC, STC and NCCF have contracted 3.39 lakh tonnes of pulses during the current financial year so far. In it, the share of PEC is 2,23,700, MMTC 50,000, NAFED 27,000, NCCF 21,300 and STC 17,000. It includes 1, 73, 461 tonnes for supply to ..

India, Switzerland Sign Double Taxation Agreement

NEW DELHI: (AMN)India and Switzerland on Monday Signed Double Taxation Avoidance Agreement, a protocol amending the existing Double Taxation Avoidance Agreement. The agreement was signed between Republic of India and Swiss Federal Council. The protocol was signed for the Republic of India by ..

Govt offers Rs.1,052-cr stimulus to export sector

NEW DELHI: (AMN) The government on Monday extended sops to exporters to help them mitigate the impact of fragile recovery of global economy. The incentive worth Rs 1052 crore has been extended in sectors like capital goods and textiles.Announcing the annual Foreign Trade Policy here today, the ..

Govt Amends Public Shareholding Rules

NEW DELHI (AMN): The Department of Economic Affairs, Ministry of Finance has amended the Securities Contracts (Regulation) (Amendment) Rules, 2010 which had been notified on June 4, 2010
The notification to this effect allows for a lower public sharehold

Govt approves 12 Proposals of FDI

NEW DELHI : The Government of India has approved 12 Proposals of Foreign Direct Investment amounting to Rs. 2305.835 Crore. The approval was based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 30, 2010.

Govt not to dilute autonomy of regulators

NEW DELHI (AMN): Finance Minister Pranab Mukherjee on Monday maintained that the government had no intention to dilute the autonomy of various regulators operating in the Indian economy.
He said the government has worked out a mechanism to set

Pulses, edible oil to be imported without duty

NEW DELHI (AMN): THE minister for Commerce and Industry Minister Anand Sharma on Monday said that a National effort is needed to check the price rise in the country. He said that it was the responsibility of both the Centre and the State to make ..

RBI raises short-term key rates

MUMBAI: (AMN): In a move to check double digit inflation, the Reserve Bank of India (RBI) on Tuesday hiked two key short-term lending and borrowing rates by 0.25 per cent and 0.50 per cent respectively. The decision could put pressure on banks to make home, ..

Indian Economy moving on fast track

NEW DELHI (OUR CORRESPONDENT): The Prime Minister’s Economic Advisory Council (PMEAC) has expressed satisfaction over the growing trend of the Indian economy. It has predicted that the Indian economy would grow to USD 1.72 trillion in 2011-12, moving closer ..

Govt reduces stake in SBI

NEW DELHI (AMN): The Lok Sabha on Monday approved a bill that would allow the State Bank of India, SBI, to reduce government holding in the bank to 51 per cent from 55 per cent and raise funds from the capital markets.
Finance Minister Pranab Mukherjee, however made ..



Harika enters semi final of World Women Chess Championship

Indian Grandmaster Dronavalli Harika came out strongly in the rapid tiebreaker to enter the semi-finals of the ...

India win bronze in ISSF World Cup

  Hosts India have opened their account with a Bronze medal in the International Shooting Sport Federati ...



February 2017
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[caption id="attachment_30524" align="alignleft" width="482"] The death toll from Saturday's deadly 7.9 magnit ...