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  • PM Modi may order insurance, coal reforms if vote delayed: officials 2 days ago

    New Delhi: Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious Parliament fails to pass them soon, two government officials said. Bitter and sometimes sectarian disputes between ruling party and opposition lawmakers have held up a...
  • Live: Lok Sabha passes Companies Amendment Bill 5 days ago

    A crucial day for the Narendra Modi government in Parliament on Wednesday as Finance Minister Arun Jaitley will present Insurance Amendment Bill for consideration and passing in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. ...
  • Crucial day for Modi government in Parliament as it will table Insurance Amendment Bill today 6 days ago

    New Delhi: A crucial day for the Narendra Modi government in Parliament on Tuesday as it will push for the big reform measure by tabling Insurance Amendment Bill in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. The passing of...
  • Hyundai to hike prices by up to Rs 25,000 from January 1 week ago

    New Delhi: Hyundai Motor India will raise prices of its entire product portfolio in the range of Rs 5,000 to Rs 25,000 from next month, in order to partially offset rising input costs, the company said today. Hyundai, which is the second largest car maker in the country, currently sells ten...
  • BMW India to increase car prices from January 2015 December 13, 2014

    BMW group is the first luxury car manufacturer in India to increase car prices from the New Year. The price hike is in the region of five per cent, applicable to all the Mini and BMW cars, across the range. BMW makes the 1 Series, X1, X5, 3 Series, 5...
  • Live: Uproar in Lok Sabha over objectionable remarks by TMC leader Kalyan Banerjee against PM Modi December 10, 2014

    After a delay of almost seven years, the legislative approval to hike foreign direct investment in insurance sector from 26 per cent to 49 per cent may finally come from Parliament. The Select Committee on the Insurance Bill will submit its report to the Rajya Sabha on Wednesday. ...
  • Backed by Congress, Select Committee to submit report on Insurance Bill in Rajya Sabha today December 10, 2014

    New Delhi: After a delay of almost seven years, the legislative approval to hike foreign direct investment in insurance sector from 26 per cent to 49 per cent may finally come from Parliament. The Select Committee on the Insurance Bill will submit its report to the Rajya Sabha on Wednesday. The...
  • Congress gives a go ahead to Insurance Bill in Select Committee: sources December 9, 2014

    New Delhi: In a boost to the Narendra Modi government's reform agenda, the Congress has given a go-ahead to the Insurance Bill in the Select Committee, said sources. The government has proposed to hike foreign direct investment from 26 per cent to 49 per cent in the insurance sector. The Left...
  • Chevrolet Spark, Sail, Beat, Cruze to become costlier by up to Rs 20,000 from January 2015 December 8, 2014

    New Delhi: General Motors India today said it will hike prices of its entire product portfolio by up to Rs 20,000 from next month, in order to partially offset rising input costs. All the eight models of the company's current product portfolio in the country, including...
  • Bajaj plans to increase prices of Discover, Platina models from January 2015 December 7, 2014

    New Delhi: Bajaj Auto is looking to raise prices of its two models - Platina and Discover - from next month in order to partially offset increase in input costs. The Pune-based company had earlier raised prices of its Pulsar model range by Rs 1,000 at the end of festival season...
  • Excise duty on petrol, diesel raised; no impact on prices December 2, 2014

    New Delhi: The government on Tuesday raised excise duty on petrol and diesel by Rs 2.25 and Rs 1 a litre respectively, but consumers will be spared of price hike. The move, which comes amid declining prices of crude oil in the international market, will boost government revenue and help it...
  • Japan PM Shinzo Abe puts off tax hike, calls snap poll November 18, 2014

    Tokyo: Japan's Prime Minister Shinzo Abe called a snap election for December and put off a sales tax hike planned for next year, vowing on Tuesday to step down if his strategy to revive the ailing economy falls flat. Despite Abe's aggressive revival policies to end two decades of stagnation, the...
  • Shinzo Abe set to call snap Japan poll, delay tax hike November 18, 2014

    Tokyo: Prime Minister Shinzo Abe is set to call a snap election, and seek voters' endorsement for more economic reforms after Japan slipped into recession. Less than two years after he swept to power pledging to reinvigorate the country's flagging economy, Abe is expected to say more needs to be done...
  • Delhi: Power tarrif hiked by up to 7 per cent; Congress, AAP criticise BJP November 13, 2014

    New Delhi: Power tariff in the national capital was on Thursday night hiked by up to seven per cent by the Delhi Electricity Regulatory Commission (DERC) and will come into effect from Saturday. The regulator hiked the tariff by levying surcharge heeding to the demands of the three private power distribution...
  • Google plans to launch new mobile chat app; aims to take on WhatsApp, Line October 3, 2014

    Mumbai: Software giant Google plans to launch a mobile messaging app it is likely to test in India and other emerging markets, the Economic Times newspaper reported on Friday, citing sources. The daily said Google was in the early stages of development of the app, which will not make it mandatory...
  • Indians to see 10.8 pc salary hike in 2015: Towers Watson September 29, 2014

    New Delhi: Employees in India are expected to see a 10.8 per cent salary hike in 2015, even as pay increases across Asia Pacific region are set to rise by an average 7 per cent in the coming year, says a report. According to Towers...
  • Kolkata taxis' indefinite strike from September 18 September 11, 2014

    Kolkata: Kolkata taxi drivers have decided to go on an indefinite strike from September 18 to protest police "excesses" while demanding a fare hike. To add to the woes of the commuters, transport workers affiliated to eight central trade unions, including the Centre of Indian Trade Unions (CITU), Indian National Trade...
  • On Eid eve, sellers dictate prices in Srinagar July 27, 2014

    Srinagar: Despite appeals for austerity by religious and social groups, frenzied Eid shopping started on Sunday, two days ahead of the festival, with sellers dictating the prices. Markets are full of edibles, including mutton, poultry, eggs and festive merchandise like firecrackers and toys for children, garments for families and jewellery for...
  • News 360: 6yearold raped in Bangalore school, protests follow July 17, 2014

    In a horrific crime that shocked the nation, a 6yearold girl was raped inside an international school's premises, allegedly by two staff members. The incident took place on July 2 and a complaint was filed by the child's parents on Tuesday. The school authorities have refused to take any responsibility...
  • Congress moves privilege motion against government for rail fare hike before Budget Session July 9, 2014

    New Delhi: The Congress has moved a privilege motion against the government on increasing rail fares before the Budget Session of Parliament began. The privilege motion is also against the alleged leaking of Rail Budget papers before they were presented. The Narendra Modi government had announced a steep 14 per...
  • Rahul Gandhi joins protests against price rise in Lok Sabha July 7, 2014

    New Delhi: Congress Vice President Rahul Gandhi, often accused of not taking interest in Parliamentary proceedings, on Monday actively took part in the party's protests in Lok Sabha against price rise. Rahul, who always sits in the back benches, stood on the aisle joining other Congress and Opposition members who stormed...
  • Mumbai local train commuters expect relief from rush in new budget July 7, 2014

    With just a day left for the new government to present its maiden budget, railway commuters traveling in Mumbai local trains hope that the government will launch new trains to effectively reduce the rush and thereby make it a bit easier for the daily commuters. ...
  • Tackling subsidy burden with innovative ways tops Oil Ministry's agenda July 6, 2014

    New Delhi: Accusing the previous UPA regime of leaving the coffers dry, Oil Minister Dharmendra Pradhan said that he wanted to tackle subsidy burden on the department in innovative ways. In an exclusive interview to Network18, Pradhan on Sunday said that the roll out of Direct Benefit Transfer (DBT) is one...
  • Egypt PM rejects public outrage against fuel price hike July 6, 2014

    Cairo: Egyptian Prime Minister Ibrahim Mahlab has rejected public outrage against the recent hike in fuel prices and asked them to accept the decision. Mahlab said this on Saturday during a phone interview with "90 Minutes program" on elMehwar TV channel. "This raise in prices is a hard way but...
  • Government rules out any immediate hike in prices of LPG, kerosene July 5, 2014

    New Delhi: Ruling out any immediate hike in prices of LPG and kerosene, Oil Minister Dharmendra Pradhan on Saturday said the new government will continue with the policy of subsidising commonly used cooking fuels. "There will no increase in LPG and kerosene prices for now. We will continue with the extant...
  • Congress hits out at government over price rise July 4, 2014

    New Delhi: Congress on Friday launched a scathing attack on the NDA government over price rise and ridiculed Finance Minister Arun Jaitley and Food Minister Ram Vilas Paswan for attributing food inflation to hoarding and other reasons. "When did they make those earthshaking discoveries? When did they come across this enlightenment?...
  • Hoarders disrupting supply; Government to take action: Arun Jaitley July 4, 2014

    New Delhi: Blaming hoarders for recent spurt in food prices, Finance Minister Arun Jaitley on Friday said there was no need for panic as country has enough food stocks and promised stern action against black marketeers. Eager to control prices before they spiral out of hand, the Centre on Friday called...
  • Home Minister orders crack down on hoarders in Delhi July 3, 2014

    New Delhi: Home Minister Rajnath Singh on Thursday directed massive crackdown against hoarding of essential commodities including onion and potatoes in Delhi and asked the administration to take steps to control price rise. The Home Minister's directive came following a highlevel meeting attended by Delhi LG Najeeb Jung, Chief Secretary...
  • Government to take steps to minimise impact of price hike: Delhi BJP July 1, 2014

    New Delhi: Defending the Centre's decision to hike railway fares and increase in prices of other commodities including gas, petrol, diesel and vegetables, Delhi BJP on Tuesday said the Narendra Modi government will take steps to minimise the impact of these decisions on the common man. At a meeting, chaired by...
  • Iraq crisis responsible for fuel price hike: Dharmendra Pradhan July 1, 2014

    Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan blamed the Iraq crisis for the hike in fuel prices, saying that the government has been forced to raise the prices of fuels because they are indeterminately linked to market forces. ...