India Business News

Jharkhand to get Rs.800 crore for forest livelihood project

by sulekha news on May 12 2013 2:34PM IST

Ranchi, May 12 (IANS) Jharkhand is all set to get Rs.800 crore for advancement of livelihood and forestry for ecological security, an official said Sunday.

Clown fish breeding popular in Tamil Nadu

by sulekha news on May 12 2013 2:24PM IST

Chennai, May 12 (IANS) With the rise in popularity of marine ornamental aquarium, the breeding and retailing of clown fish in captivity in Tamil Nadu offers a good livelihood opportunity, said an expert here.

Non-alcoholic neera awaits Kerala government nod

by sulekha news on May 12 2013 1:24PM IST

Thiruvananthapuram, May 12 (IANS) Neera, a coconut water-based non-alcoholic drink, is awaiting the Kerala government's nod to become a money spinner for coconut farmers in the state.

Indian cinema inspired Indian fashion industry: Designer Anju Modi

by sulekha news on May 12 2013 1:04PM IST

New Delhi, May 12 (IANS) She has been an integral part of the Indian fashion industry for over two decades and is currently busy crafting Deepika Padukone's look for "Ram Leela". Veteran designer Anju Modi feels that Indian cinema has played an integral part in promoting the Indian design industry in every era.

Delhi Metro set to be even cleaner

by sulekha news on May 12 2013 12:44PM IST

New Delhi, May 12 (IANS) The Delhi Metro has a record for being neck and shoulders above the rest of the city, when it comes to cleanliness on its premises. Commuters can expect even better, as new machines and special training for staff are planned.

Police unearth Rs.750 crore assets of Saradha chief

by sulekha news on May 11 2013 9:54PM IST

Kolkata, May 11 (IANS) Police have unearthed property worth Rs.750 crore so far by quizzing chit fund-aided Saradha Group's arrested promoter Sudipa Sen and his top aides, an official said Saturday. Six motorcycles with red beacons and hooters allegedly used by company's officials to carry cash was also seized.

Police seize bikes with red beacons and hooters from Saradha office

by sulekha news on May 11 2013 8:54PM IST

Kolkata, May 11 (IANS) Police Saturday raided the headquarters of the chit fund-aided Saradha Group that has gone bust and seized six motorcycles with red beacons and hooters allegedly used by the company's officials to carry money at night.

Delhi government to ensure no power cuts during summer

by sulekha news on May 11 2013 7:34PM IST

New Delhi, May 11 (IANS) The Delhi government Saturday said that there would be no power cuts during the summers as the distribution companies (Discoms) have acquired enough electricity for the season.

Special category status for Bihar after criteria change: Chidambaram

by sulekha news on May 11 2013 6:54PM IST

Patna, May 11 (IANS) Union Finance Minister P. Chidambaram Saturday said that Bihar will be accorded special category status after the change of criteria.

BJP to oppose Walmart, Metro stores in Himachal

by sulekha news on May 11 2013 6:34PM IST

Shimla, May 11 (IANS) A day after a Congress minister announced that international retail giants Walmart and Metro Cash and Carry would be allowed to open in Himachal Pradesh, the opposition BJP Saturday came out against the decision.

India's forex reserves down $2 billion

by sulekha news on May 11 2013 6:04PM IST

Mumbai, May 11 (IANS) India's foreign exchange (forex) reserves decreased by $2.06 billion to $294.30 billion for the week ended May 3, according to data released by the central bank.

President calls for increasing expenditure on research

by sulekha news on May 11 2013 5:54PM IST

New Delhi, May 11 (IANS) India spends only 0.9 percent of its GDP on research and development, which is much below China, Britain and Israel, and needs to step up expenditure on this front, President Pranab Mukherjee said Saturday.

Iran for more trade with India in non-oil sectors

by sulekha news on May 11 2013 4:44PM IST

Hyderabad, May 11 (IANS) Iran is looking for more business with India in non-oil sectors to boost the bilateral trade, said its Consul General Hassan Noorian who sees great potential for cooperation in various non-oil fields like pharma, IT, electronics, automobile spare parts and food processing.

President asks private sector to raise spending on innovation, R&D

by sulekha news on May 11 2013 4:24PM IST

New Delhi, May 11 (IANS) India needs to step up expenditure on innovation in a big way for the growth of the economy and lift the people out of the morass of poverty, President Pranab Mukherjee said Saturday and asked the private sector to increase their share of spending on research and development (R&D) to the levels prevalent in countries such as the US, Japan and South Korea.

Anti-Posco leader Abhaya Sahu held

by sulekha news on May 11 2013 4:04PM IST

Bhubaneswar, May 11 (IANS) Anti-Posco leader Abhaya Sahu was arrested Saturday in connection with an explosion that killed three people in Odisha's Jagatsinghpur district in March, police said.