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PM Narendra Modi eyes Silicon Valley for Digital India

After wowing Indian Americans on the East Coast and wooing US big business to ‘Make in India’ last year, Prime MinisterNarendra Modi is now out to win over the Silicon Valleyfor his Digital India...

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Give some place to Khadi in your lives: PM Modi tells nation

Prime Minister Narendra Modi on Sunday urged the people to use Khadi products in his “Mann ki Baat”. “Buy Khadi and handloom during festivals. I am not saying use only Khadi but give it some place in...

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Import duty on edible oil raised by 5%

The government on Friday raised import duty on edible oil by 5 per cent in a bid to safeguard the domestic industry. Customs or import duty on edible oil in all categories has been increased by 5 per...

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India ready to invest over $15 bn in Iran, seeks cheaper gas

India is ready to invest more than $15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Tehran offers better terms including cheaper gas, Shipping...

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How much does your Facebook account earn?

Do you know what is your worth on Facebook? About $13-according to an analysis of the social networking site’s ad revenues this year. Facebook, with 1.5 billion users, stands to make $12.76 in ad...

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Maruti Suzuki workers to get Rs 16,800 per month average salary hike

Maruti Suzuki India, the country’s largest carmaker , has reached a wage settlement agreement with workers at its Gurgaon and Manesar plants, under which employees will get an average salary hike of...

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How government’s LED bulb push is helping save Rs 2.71 crore every day

MUMBAI: In recent months, cottage industries in Puducherry that make incense sticks, mats and perfumed candles have been staying open late into the night with their electricity costs intact. Nearly 600...

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New Maggi safe, retail sales start this month: Nestle

Nestle India said the newly manufactured Maggi has been found safe in tests and that it would begin retail sales this month. Swiss giant Nestle today said government approved labs have found the newly...

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Three reasons why crude at $40 can be booster for Indian market

NEW DELHI: The domestic equity market has managed to outperform other emerging markets (EMs) so far in calendar 2015, largely because of improved economic fundamentals and a crash in commodities,...

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Fitch says govt pay hikes pose risk to India’s fiscal consolidation

Fitch Ratings said on Friday a proposed 23.6 percent hike in salaries and pensions for about 10 million current and former government employees in India could hurt the country’s finances and underscore...

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Toyota Kirloskar Motor November Sales Down 19%

New Delhi: Toyota Kirloskar Motor (TKM) on Tuesday reported a 19.42 per cent decline in vehicle sales at 11,388 units last month. The auto market had sold 14,134 units in November 2014. The company...

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Facebook Chief Vows to Donate 99% of His Shares for Charity

San Francisco: Mark Zuckerberg, the co-founder and chief executive of Facebook, announced Tuesday that he and his wife would give 99 percent of their Facebook shares “during our lives” – holdings...

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Now, File PF Withdrawal Claims Without Employer’s Attestation

New Delhi: Moving a step closer to online settlement of PF withdrawal claims, the Employees’ Provident Fund Organisation (EPFO) has allowed its subscribers to file their applications directly to the...

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Retail inflation rises to 5.41% in November

Retail inflation rose to 5.41% in November, 4th straight month of uptick, as prices of vegetables, pulses and fruits went up further to push the rate of price rise above the Reserve Bank’s comfort...

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Diesel vehicle ban: NGT must check data, says auto industry

Hitting out against the NGT order to ban new diesel vehicles in the capital, automobile manufacturers today asked the green tribunal to consider all facts and data to take a holistic view to control...

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2015: The Make in India Year

If there was one common agenda that Prime Minister Narendra Modi tried to pursue during his visits to 27 foreign countries this year, it was undoubtedly his campaign to promote India as a manufacturing...

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Under-Graduate, Post-Graduate Courses In Yoga In Universities From Next Session?

NEW DELHI:  The University Grants Commission (UGC) is working on a plan for introduction of undergraduate and postgraduate courses in yoga in universities, informed officials. The proposal, in line...

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India outpaces China in 2015 economic growth

In recent history it has been unusual, but not unprecedented, for India to grow faster than China. According to the IMF it happened in 1981,1989,1990 and 1999, and 2015 was the first instance in this...

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10 things you might not know about India

1. Hardly anyone pays income tax Only 3% of Indians pay income tax, in a population of 1.2bn. One explanation for this is that agriculture is exempt and two-thirds of Indians live in rural areas. A...

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Bad loan clean-up hits state banks’ earnings

Four state-run banks reported a spike in bad loans and provisions for sour debt on Tuesday after a clean-up exercise ordered by their regulator, sending three of them to net losses for the fiscal third...

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