ED notice to Goa iron ore export firm for FEMA violation

Panaji, June 2 (IANS) The Enforcement Directorate, which is probing the Rs.35,000 crore illegal iron ore mining scam in Goa, has issued show cause notice to Goa-based iron ore export firm Magnum Minerals for under-invoicing exports and parking abroad the proceeds of iron ore sale to the tune of Rs.136.93 crore. An agency spokesperson said […]

After attacks, UP power personnel seek police protection

Lucknow, June 2 (IANS) Alarmed at recent attacks on power stations and linemen of the electricity department, the Uttar Pradesh Rajya Vidyut Abhiyanta Sangh has sought police protection. Seeking deployment of the Provincial Armed Constabulary (PAC) at power sub-stations and gunners for engineers, the organisation demanded that in view of the recent attacks on them, […]

Stanley Black and Decker to increase localisation

Bengaluru, June 2 (IANS) Stanley Black and Decker (SBD) is focussing on localisation and commitment to acquiring companies as its way forward for in India, said a top official of the company while launching the Stanley brand of power tools on Tuesday. “SBD India has seen an encouraging growth rate. With this launch, we now […]

Forensic head Sudhir Gupta not being pressurised: AIIMS

Forensic head Sudhir Gupta not being pressurised: AIIMS

New Delhi, June 2 (IANS) AIIMS on Tuesday rejected allegations by its forensic department head Sudhir Gupta, who in a letter to Health Minister J.P. Nadda claimed there was an attempt to oust him from his post following his ethical stand in the Sunanda Pushkar murder case. “There was no extraneous pressure ever put on […]

As global CO2 breaks records, India faces dilemma

As global CO2 breaks records, India faces dilemma

New Delhi During the week of April 6 to 12, average carbon dioxide (CO2) levels touched 404.02 parts per million (ppm), the highest-ever in recent human history – and 15 percent above the levels of 350 ppm scientists say is ideal for Earth. The months of February, March and April had monthly average CO2 levels […]

Assessing one-year’s performance of the Modi government

By Amit Kapoor The Narendra Modi Modi government, which completes a year in office on May 26, had won last year’s general elections on the plank of development and its promise to bring in ‘Acche Din’. Here is a performance snapshot of the major initiatives undertaken by the government in various broad areas. These include […]

Economy stakeholders urge apex bank to cut lending rates

New Delhi, June 1 (IANS) On the eve of the Reserve Bank of India’s (RBI) bi-monthly monetary policy review, India Inc, stock analysts and even the government have urged the apex bank to cut key lending rates and ease the monetary policy. The Federation of Indian Chambers of Commerce and Industry’s (Ficci’s) President Jyotsna Suri […]

Modi government following UPA’s worst policies: Activists

Modi government following UPA’s worst policies: Activists

New Delhi, May 31 (IANS) Activists and academics on Sunday came out strongly against the Narendra Modi government, accusing it of following the worst policies of the erstwhile Congress-led UPA government. “The media has been giving a view that everything is fine and the economy is looking up which is not true,” Jayati Ghosh, academic […]

A proactive PM is a support: Sushma

A proactive PM is a support: Sushma

New Delhi, May 31 (IANS) External Affairs Minister Sushma Swaraj on Sunday dismissed any perception of being overshadowed in her work by a “proactive prime minister”, saying she views it as a “support”. Taking questions on all issues, including on the perception that she has been keeping a low profile after becoming minister or on […]