India Up 16 Places to 55th on Global Competitiveness Index
Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in India’s position underlines the country’s recent economic recovery, improvement in the competitiveness of... read more »
Government slashes natural gas prices by 16% to $4.24 per unit
The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in October last year, will fall to $4.24 per million British thermal unit on net calorific value (NCV) basis from... read more »
Nippon Life to hike stake in life insurance, mutual fund business: Ambani
MUMBAI: Bullish on growth prospects of his group’s financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year. In... read more »
Pravin Dixit appointed Maharashtra DGP
Maharashtra Anti Corruption Bureau chief Pravin Dixit will take charge as the Maharashtra Director General Of Police after present incumbent Sanjeev Dayal retires on Wednesday. Dixit will be taking charge at 1p.m. after a ceremonial welcome. Chief Minister Devendra Fadnavis approved the... read more »
Should Rathore speak more carefully on national security?
Union minister Rajyavardhan Singh Rathore said on Sunday that India is always prepared to “neutralise” its enemies, more specifically the 1993 Mumbai blasts mastermind Dawood Ibrahim... read more »
Pakistan army chief Raheel Sharif warns India of ‘unbearable cost’ in case of ...
ISLAMABAD: Pakistan’s powerful army chief General Raheel Sharif has warned India of “unbearable damage” if it tried to impose a short or long war on his country.... read more »
Law on E-Commerce Needed to Protect Online Consumers: IIM Study
Ahmedabad: In the era of increased online shopping, a study conducted by the Indian Institute of Management-Ahmedabad (IIM-A) has stressed on a need for a separate law for e-commerce with a... read more »
Toshiba logs $317.7 million net loss in FY 2014
Japan’s Toshiba Corporation logged 37.83 billion yen (about $317.7 million) group net loss for the past fiscal year through March due to asset impairment charges and other losses,... read more »
Crude oil slump hits Indian shores
The plunge in global oil prices may have brought cheer to consumers, but it is hurting the companies involved in oil exploration and production locally. Cairn India, country’s second-largest... read more »
