China : Border trade at Nathula, one of the three open trading border posts between China and India resumed in Sikkim’s East district this morning and will continue till 30 November. District Collector, East, D Anandan said that his office received 301 applications from traders, which were sent to the Intelligence Bureau office for clearance. […]
Mumbai : The Government has instructed all cell phone manufacturers to include radiation tags in mobile handsets to display Specific Absorption Rate, SAR value by the first of September this year. A radiation tag is a device embedded within a cell phone for checking radiation emitting from it. The Minister of State for Communication and […]
U S : U.S.-based Delta Airlines will soon become the world’s first air carrier to produce its own jet fuel. Delta announced yesterday it is buying a oil refinery near Philadelphia from the Phillips 66 oil company for 150 million Dollars for the purpose. Delta chief Richard Anderson called buying a refinery an innovative approach […]
Mumbai : Norwegian firm Telenor will be forced to exit India if telecom regulator Trai’s proposals to auction airwaves at 13 times the price used in 2008 are accepted, Telenor Group Executive Vice President Sigve Brekke said. “If these recommendations become policy, then the Government of India will be forcing Telenor Group to exit. It will be […]
Mumbai : The Reserve Bank has said there is a case for hiking FDI cap in insurance and some other sectors in view ofIndia’s growing integration with the global economy, if local economic and political scenario permits. “As the economy integrates further with the global economy and domestic economic and political conditions permit, there may […]
Mumbai : Rising for the third day in a row, the Sensex at the Bombay Stock Exchange gained 131 points, or 0.8 percent, at 17,319, on funds buying in blue-chips, and especially IT stocks, today. The Sensex had gained 57 points in the previous two trading sessions. The Nifty at the National Stock Exchange climbed […]
Mumbai : Gold rose 50 rupees, to touch an all-time high of 29,590 rupees per ten grams at Delhi’s bullion market, today, on brisk buying by stockists and jewellers to meet the marriage season demand, amid a firm global trend. Gold has gained 650 rupees in the last eight trading sessions. Silver rose 400 rupees, […]
Mumbai : The International Labour Organisation (ILO) today warned that the global employment situation is alarming and unlikely to improve soon. The agency said that austerity measures, especially in advanced economies, were hurting job creation. In a report, the ILO said the situation was likely to get worse amid slowing global growth and more people […]
Mumbai : Extending gains for the third straight session, the BSE benchmark index Sensex on Monday rose by nearly 137 points in early trade on continued buying by funds and retail investors. The 30-share BSE index, which had gained 56.67 points in the past two sessions, rallied further by 136.79 points, or 0.79 percent, to […]
UK : Indian steel tycoon Lakshmi Mittal and his family retained their top spot as Britain’s richest for the seventh year in succession while the combined worth of the country’s 1000 wealthiest individuals defied double-dip recession to reach record levels during the last year. Mittal, 61, and his family’s worth came down by 4,814 million […]
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