The Cabinet Committee on Economic Affairs (CCEA) has approved disinvestment of 9.50% equity in NTPC, out of its holding of 84.50% via an offer for sale of shares...
Japan to fund the multi-billion dollar Chennai-Bangalore Industrial Corridor (CBIC). This is the third mega-project that will be funded by Japan. The 3 projects that Japan is backing...
The Supreme Court questioned the Govt that why it didn’t auction the entire 2 G spectrum which was available after February 2, 2012 order of Supreme Court cancelling...
India and the World Bank have inked an agreement. As pre the agreement, the World Bank will furnish a loan assistance of $ 70 million as additional financing...
Autar Kaw, an Indian born professor of mechanical engineering at the University of South Florida, is among the four recipients of the 2012 US Professor of the Year...
The Uttar Pradesh Chief Minister Akhilesh Yadav announced an agricultural loan waiver worth Rs 1,650 crore. Likely to benefit about 7.2 lakh small and marginal farmers. Would apply...
BBC appointed Tony Hall to be its new director-general, replacing George Entwistle who resigned some days ago due to a scandal over the corporations’ reporting of sexual abuse.
The Finance Ministry has relaxed the investment norm for Life Insurance Corporation of India. LIC can now invest up to 30% of a company’s paid-up capital. Earlier it...
Finance Minister P.Chidambaram held that the amendments to General Anti-Avoidance Rules (GAAR), have been finalized. GAAR, was proposed in the 2012-13 Budget in order to preventing tax evasion....