BUSINESS AWAAZ

India’s Exports dip for 9th month in a row; Decline 20.7% in Aug

Contracting for the ninth straight month, the country’s exports plunged 20.7 per cent in August this year, to 21.3 billion dollars. The export slump was due to the global economic slowdown, and falling commodity prices. According to Commerce Ministry data, imports declined almost 10 per cent in August, to 33.7 billion dollars. And the trade … Continue reading India’s Exports dip for 9th month in a row; Decline 20.7% in Aug

Govt approves scheme to provide urban facilities in rural areas

TIA NEWS / The Union Cabinet today approved a scheme to transform rural areas into economically, socially and physically sustainable spaces. Named as Shyama Prasad Mookerjee Rurban Mission, SPMRM, the government has earmarked over Rs 5,000 crore for this scheme to drive economic, social and infrastructure development in rural areas. Addressing the media after Cabinet … Continue reading Govt approves scheme to provide urban facilities in rural areas

Govt approves promulgation of Negotiable Instruments Ordinance

AMN / The Union Cabinet today approved a proposal to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015. The ordinance provides for filing of cheque bounce cases at the place where the cheque was issued. An official release said, the clarity on jurisdictional issues for trial of cases of cheque bouncing would increase the credibility of … Continue reading Govt approves promulgation of Negotiable Instruments Ordinance

Indian economy to grow 7.2% this fiscal: OECD

Organisation for Economic Cooperation and Development OECD has said that India is projected to grow at a slightly lower pace than expected earlier at 7.2 per cent this fiscal. Releasing its interim economic outlook report today, OECD, however said the country is expected to be the fastest-growing major economy over the coming two years. It … Continue reading Indian economy to grow 7.2% this fiscal: OECD

ONGC buys 15% stake in Russia’s 2nd-largest oil field from Rosneft

State-owned Oil and Natural Gas Corp. (ONGC) has bought a 15 per cent stake in Russia’s second-largest oil field from Rosneft for about USD 1.35 billion. Sources said that ONGC Videsh Ltd, the overseas investment arm of the state explorer, signed agreements in Moscow to buy 15 per cent stake in the Vankor oil field … Continue reading ONGC buys 15% stake in Russia’s 2nd-largest oil field from Rosneft

‘Swadeshi’ is important in era of globalization:Rajnath Singh

AMN / The Union Home Minister, Rajnath Singh has said that ‘Swadeshi’ is important even in era of globalization. He said that imitation of foreign economic model could not put the country in the forefront. Speaking on the occasion of the inauguration of the Ved Prakash Goyal Room in the Indian Merchants’ Chamber Suresh Kotak … Continue reading ‘Swadeshi’ is important in era of globalization:Rajnath Singh

BSNL to upgrade Broadband speed to 2 Mbps at no additional cost

Bharat Sanchar Nigam Limited, BSNL has decided to upgrade Broadband speed to minimum 2 Mbps at no additional cost for all its Broadband customers from 1st of next month. Under this scheme, BSNL is upgrading the speed of existing Broadband plans of 512 Kbps and one Mbps to two Mbps speed. This was announced by … Continue reading BSNL to upgrade Broadband speed to 2 Mbps at no additional cost

India ranks low on inclusive growth, development ranking: WEF

A new study by World Economic Forum (WEF)has ranked India very low globally on most of the parameters for inclusive growth and development. However it fares much better internationally when it come to business and political ethics. WEF said that the new study, which was conducted over the past two years, seeks to identify the … Continue reading India ranks low on inclusive growth, development ranking: WEF

Government relaxes rules for sugar exports

AMN / The government has relaxed norms for sugar exports by doing away with the registration requirement with the Commerce Ministry. In a notification, Director General of Foreign Trade (DGFT) said, the requirement of registration of quantity with DGFT for export of sugar has been dispensed with. Earlier, prior registration of quantity with DGFT was … Continue reading Government relaxes rules for sugar exports

7 Indians in Forbes Asia’s new list of philanthropists

Seven Indians, including three Infosys co-founders and a Dubai-based education entrepreneur, feature in the latest Forbes Asia edition in a new group of philanthropists from 13 countries for their noteworthy contributions. Infosys co-founders Senapathy Gopalakrishnan, Nandan Nilekani and SD Shibulal feature in the Forbes Asia’s 9th list of philanthropists in the Asia-Pacific region for their … Continue reading 7 Indians in Forbes Asia’s new list of philanthropists

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ELECTIONS

Reports of EVMs replacement completely false: EC

AMN / NEW DELHI The Election Commission on Tuesday termed the allegations of EVM replacement as "completely ...

63 % polling recorded in the final phase of Lok Sabha polls

Voters have already exercised their franchise for 483 out of the total 542 parliamentary seats in previous six ...

India’s most controversial and longest Elections come to an end

Results on May 23  AMN / Elections for the 17th Lok Sabha concluded today after sweet and sour incident ...

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SPORTS

Boxing: Mary Kom, Nikhat Zareen to meet in semis at 2nd India Open

  HSB / Guwahati Six-time world champion Mary Kom and Asian Championships bronze medallist Nikhat Zaree ...

Defender Suman Devi Thoudam to lead Junior Women’s Team

Harpal Singh Bedi / New Delhi Defender Suman Devi Thoudam will lead 18-member Indian Junior Women's Team for ...

14 Indian women enter semi finals of India Open International Boxing tournament

    Indian women boxer including M C Mary Kom stormed into the Semi-Finals in the second India O ...

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MARQUEE

116-year-old Japanese woman is oldest person in world

  AMN A 116-year-old Japanese woman has been honoured as the world's oldest living person by Guinness ...

Centre approves Metro Rail Project for City of Taj Mahal, Agra

6 Elevated and 7 Underground Stations along 14 KmTaj East Gate corridor 14 Stations all elevated along 15.40 ...

CINEMA /TV/ ART

66th National Film Awards to be declared after General Elections

  The 66th National Film Awards will be declared after General Elections, 2019. In a statement, Informat ...

Priyanka Chopra is among world powerful women

AGENCIES   Bollywood actress Priyanka Chopra Jonas has joined international celebrities including Opr ...

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ART & CULTURE

Sahitya Akademi demands Rs 500/- from children for Workshop

Andalib Akhter / New Delhi India’s premier literary body, the Sahitya Akademi, which gives huge awards, p ...

Noted Urdu writer Jamil Jalibi is no more

  Author of the seminal history of Urdu literature, editor of one and founder of another eminent literar ...