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Global economic growth weak, need to enhance public investment: Modi

Monday, 16 November 2015 11:24
Antalya (Turkey): Prime Minister Narendra Modi on Sunday said global economic growth remained weak with slowdown in several major economies and there was a need to enhance public investment to stimulate growth.In his intervention at the G20 working session on…

Modi salutes Rajiv Gandhi on death anniversary

Thursday, 21 May 2015 10:21
New Delhi: Prime Minister Narendra Modi on Thursday paid tributes to former prime minister Rajiv Gandhi, assassinated on this day in 1991 by a Tamil Tiger suicide bomber."Paying tributes to Rajiv Gandhi on his death anniversary," Modi tweeted.Gandhi was blown…

SC to hear pleas challenging validity of NJAC Act

Friday, 17 April 2015 10:08
New Delhi: The Supreme Court's constitution bench would hear on Tuesday the petitions challenging the constitutional validity of the NJAC Act and the constitutional amendment replacing the collegium system for judges' appointment to higher judiciary by the NJAC on Tuesday.The…

Industry should increase its share in R&D: Ansari

Tuesday, 06 January 2015 11:38
Bengaluru: With percentage of GDP spent on research and development stagnant at one percent over last two decades and two-thirds of the expenditure coming from the government, there is an urgent need for industry to increase its share to double…

Samsung realigns key positions in India

Thursday, 01 January 2015 16:17
New Delhi : South Korean consumer electronics giant Samsung Thursday announced realignment of key positions after the retirement of Ravinder Zutshi, deputy managing director, Samsung India Private Limited, a company statement said here.Zutshi retired Dec 31, 2014, after serving the…

Essar Oil commissions second unit in Gujarat

Thursday, 01 January 2015 15:37
Mumbai : Oil exploration and production major Essar Oil and Gas (EOG) Thursday said it has commissioned a second hydrogen manufacturing unit (HMU) at company's refinery at Vadinar in Gujarat.According to the company's statement to the National Stock Exchange, the…

Cabinet nod for two state-run fertiliser projects for $1.5 bn

Wednesday, 24 December 2014 15:04
New Delhi: Two fertiliser units at Talcher in north-central Odisha for a cost of some $1.5 billion received the cabinet nod Wednesday to primarily augment the domestic supplies of urea, to be jointly executed by four state-run companies.The first unit…

Indian firms' November borrowings up 60 percent at $3.5 bn

Monday, 22 December 2014 17:06
Mumbai: Indian firms raised $3.49 billion from foreign markets in November, which was a whopping over 60 percent higher than that garnered a year ago, Reserve Bank of India data showed Monday.Domestic companies had raised $2.18 billion from overseas markets…

Suresh Prabhu panel on energy suggests opening up coal sector

Monday, 22 December 2014 15:55
New Delhi: The advisory group on integrated development of power, coal, and renewable energy has suggested opening up the coal sector towards supplementing production by state miner Coal India Ltd (CIL).CIL currently has near-monopoly accounting for 82 percent of domestic…

GMR's Philippines JV raises USD 750 million for Cebu airport

Monday, 22 December 2014 15:24
Mumbai: India-based GMR Infrastructure's joint venture GMR Megawide Cebu Airport Corporation (GMCAC) Monday said it has signed agreements for financing 70 percent of the Mactan Cebu International Airport project in Cebu in the Philippines worth nearly USD 750 million.GMCAC is…