India Business News

Policy changes key to affordable housing (Comment)

by sulekha news on Apr 5 2013 2:26PM IST

Affordable housing is the key to India's realty industry being able to change lanes to the fast track but cost escalations due to delayed permissions, lack of access to cheap credit and shortage of building material are proving to be major hurdles. The solution: Policy changes covering land to lending.

UP roads to get smoother with Rs.1,700 crore

by sulekha news on Apr 5 2013 2:21PM IST

Lucknow, April 5 (IANS) The Uttar Pradesh government has sanctioned Rs.1,700 crore for laying new roads and for the maintenance and repair of existing roads in the current financial year, said an official Friday.

SC declines immediate hearing of Bharti Airtel petition

by sulekha news on Apr 5 2013 1:20PM IST

New Delhi, April 5 (IANS) The Supreme Court Friday declined to hold an immediate hearing of a Bharti Airtel petition challenging the Delhi High Court ruling resurrecting the department of telecommunications (DoT) order directing it to halt its 3G services in several circles.

Andhra opposition to go ahead with April 9 shutdown

by sulekha news on Apr 5 2013 12:06PM IST

Hyderabad, April 5 (IANS) Opposition parties in Andhra Pradesh have decided to go ahead with their statewide shutdown on April 9 despite the government providing some relief from the steep hike in electricity tariff announced last week.

Panel to oversee Lucknow metro rail project

by sulekha news on Apr 5 2013 10:40AM IST

Lucknow, April 5 (IANS) A committee headed by Uttar Pradesh Chief Secretary Jawed Usmani will oversee the "formative steps" of the ambitious metro rail project for the state capital, officials said Friday.

Lahore school wins India-Pakistan school debate

by sulekha news on Apr 4 2013 10:16PM IST

New Delhi, April 4 (IANS) Pakistan's Lahore-based Salamat International Campus for Advanced Studies (SICAS) Thursday won the India-Pakistan School Debate 2013 held at the Siri Fort auditorium here.

More Indian vehicle buyers are satisfied with factory fitted tyres

by sulekha news on Apr 4 2013 10:06PM IST

Chennai, April 4 (IANS) More number of Indian vehicle buyers are satisfied with the tyres that come along with their automobiles (original equipment tyre), according to a J.D.Power Asia Pacific survey.

Jaitley targets PM over decision-making in UPA

by sulekha news on Apr 4 2013 10:06PM IST

New Delhi, April 4 (IANS) Targeting UPA over its decision-making, BJP leader Arun Jaitley Thursday expressed apprehension about Prime Minister Manmohan Singh being able to implement his formulations on economic problems and stressed the government's elected head must have the last word.

Court restores curbs on Airtel 3G roaming

by sulekha news on Apr 4 2013 10:06PM IST

New Delhi, April 4 (IANS) The Delhi High Court Thursday set aside its earlier order which allowed telecom operator Bharti Airtel to continue providing 3G intra-circle roaming facilities with other service providers.

Punjab sets aside Rs.18,998 crore for wheat procurement

by sulekha news on Apr 4 2013 9:46PM IST

Chandigarh, April 4 (IANS) Targetting a record procurement of over 140 lakh tonnes this season, the Punjab government has set aside Rs.18,998 crore for wheat procurement this season.

India decontrols $15.5 bn sugar industry

by sulekha news on Apr 4 2013 9:06PM IST

New Delhi, April 4 (IANS) The Indian government Thursday decided to decontrol the Rs.80,000 crore (around $15.5 billion) sugar industry in line with the suggestions of a panel headed by C. Rangarajan, the chairman of the prime minister's economic advisory council.

Maharashtra state civil services exams postponed

by sulekha news on Apr 4 2013 8:26PM IST

Mumbai, April 4 (IANS) Chief Minister Prithviraj Chavan Thursday postponed the Maharashtra state civil services exam after the commission conducting the exam lost data of 350,000 candidates from its server due to a technical snag.

Highlights of Rahul Gandhi's speech at CII meet

by sulekha news on Apr 4 2013 8:16PM IST

* Congress vice-president Gandhi denied he was in the race to be India's prime minister.

India decontrols $15.5 billion sugar industry

by sulekha news on Apr 4 2013 8:16PM IST

New Delhi, April 4 (IANS) The Indian government Thursday decided to decontrol Rs.80,000 crore (around $15.5 billion) sugar industry in line with the suggestions of a panel headed by C. Rangarajan, the chairman of the prime minister's economic advisory council.

Monkeys damaging crops in Jammu and Kashmir: Minister

by sulekha news on Apr 4 2013 8:06PM IST

Jammu, April 4 (IANS) Jammu and Kashmir Agriculture Minister Ghulam Hassan Mir Thursday said monkeys were causing "substantial" damage to crops in the state, especially in the Jammu region, and that there was an urgent need to curb this menace.