General News

SME News, Thursday, May 09, 2013
NEW DELHI: The foreign exchange earnings (FEEs) from tourism in April, 2013 rose by 7 per cent in rupee terms as compared to April 2012.     The foreign tourist arrivals (FTAs) in April 2013 was 4,52,000 which was the same in April 2012.     However, FTAs during the period ...

SME News, Thursday, May 09, 2013
NEW DELHI: Taking positive cues from the global markets, gold rose further by 0.28 percent to Rs 26,796 per 10 gram in futures trade, as speculators enlarged positions.     At the Multi Commodity Exchange, gold for delivery in June contracts after opening higher, rose further by Rs 74, ...

SME News, Thursday, May 09, 2013
NEW DELHI: The crude oil prices moved up in Asian trade on Thursday as a surprise rise in German industrial production brightened the market's outlook for European and global growth, analysts said.     New York's main contract, light sweet crude for delivery in June added five ...

SME News, Thursday, May 09, 2013
NEW DELHI: Making a strong criticism of CBI and senior officials of the coal ministry and PMO, the apex court hauled them up for changing the "heart" of the Coalgate probe report. However, at the same time the Supreme Court seen to have given a breather for the Law Minister and the govt ...

SME News, Wednesday, May 08, 2013
NEW DELHI: Union Heavy Industry Minister Praful Patel on Tuesday informed the Parliament that installed capacity of electrical equipment in the country is "under utilised" due to sluggish demand in the power sector.     He said, "Electrical Equipment Industry has ...

SME News, Wednesday, May 08, 2013
NEW DELHI: Union Minister of State for Coal Pratik PrakashBapu Patil on Tuesday informed the Lok Sabha that the coal supplies to power utility sector is monitored regularly by an inter-ministerial sub-group comprising representatives of Ministry of Power, Ministry of Coal and Ministry of Railways ...

SME News, Wednesday, May 08, 2013
INDORE: The Union Power Minister, Jyotiraditya Scindia on Tuesday informed the Rajya Sabha that the regular reviews of progress of thermal and hydro power projects are done at the highest level for their timely completion.     This has resulted in power generation capacity addition of ...

SME News, Wednesday, May 08, 2013
NEW DELHI: As per the latest trends, the ruling BJP in Karnataka appeared set to lose its first-ever government in the south as the party faced prospect of finishing in the third position with Congress moving ahead with 112 seats.     Trends available for 223 seats showed that the JDS ...

SME News, Tuesday, May 07, 2013
NEW DELHI: In the absence of comprehensive anti-money laundering enforcement agency, India in the wake of its growing financial strength is becoming more vulnerable to money laundering activities, despite its strict foreign exchange laws.     In a joint report brought out by Assocham ...

SME News, Tuesday, May 07, 2013
NEW DELHI: After the failure of several round talks, the European Union is ready to work out for a "balanced outcome" in the proposed free-trade agreement with India, according to the visiting Members of the European Parliament.     "During a detailed discussion on ...

SME News, Tuesday, May 07, 2013
NEW DELHI: The new financial year started on a mixed note for car makers with leading firms, including Maruti Suzuki, Mahindra & Mahindra, Honda Cars and General Motors, reporting growth in domestic sales in April.     However, other manufacturers such as Hyundai Motor, Tata ...

SME News, Tuesday, May 07, 2013
NEW DELHI: The fair trade regulator Competition Commission of India (CCI) is probing certain car makers for alleged anti-competitive practises in their businesses.     Union Corporate Affairs Minister Sachin Pilot informed the Lok Sabha that the information filed with CCI against ...

SME News, Tuesday, May 07, 2013
NEW DELHI: A global analytical and credit rating agency Crisil has said that the government's fertiliser subsidy is unlikely to reduce even after new plants are set up under the urea investment policy because the production cost is expected to shoot up due to high global price of ...

SME News, Tuesday, May 07, 2013
NEW DELHI: Country's urea sales increased marginally by 2 per cent to 30.16 million tonne last fiscal, however those of phosphatic and potassic fertilisers (like DAP and MoP) declined by 25 per cent to 19.1 million tonne during the same period, Minister of State for Chemicals and Fertilisers ...

SME News, Tuesday, May 07, 2013
NEW DELHI: In connection with Cobrapost, Red Spider 2 Expose that was released on Monday morning, the Secretary, Department of Financial Services Rajiv Takru has asked the Chairman cum Managing Directors (CMDs) of various Public Sector Banks (PSBs) to take immediate action against those exposed by ...