Reforms absolutely necessary in land, labour & taxation: FM

San Francisco, June 24 (PTI): Promising a globally compatible business climate in India, Finance Minister Arun Jaitley today said reforms have become “absolutely necessary” in the areas of land, labour and taxes to attract investors. Stating that the government is committed to these reforms, Jaitley also promised a permanent consultation mechanism to address the foreign […]

Spice Mobiles introduces X Life series smartphones

New Delhi, June 24 (IANS): Spice Mobiles on Wednesday launched its new X Life series of smartphones, targeted at first-time smartphone buyers in tier II and tier III cities. Under X Life series, the company has launched four smartphones – XLife 404, XLife 431q, XLife 431qLite and XLife 512 offering features at very attractive price […]

News in Brief

World Bank announces $500 million for Nepal Kathmandu, June 23 (IANS): The World Bank Group on Tuesday announced a financial aid of up to $500 million to Nepal for reconstruction following the April earthquake. The announcement was made ahead of an international donor conference here on Thursday, The Himalayan Times reported.  According to the government, […]

Volkswagen launches new model of mid-size sedan Vento

Volkswagen launches new model of mid-size sedan Vento

New Delhi, June 23 (IANS): European automobile manufacturer Volkswagen on Tuesday launched the new model of its mid-size sedan Vento, which comes with the option of 4 engines types.   “We are confident that the product will continue to appeal to our customers and will play a key role in further expanding the Volkswagen family […]

‘Momentum of economy has to be sustained’

SAN FRANCISCO, June 22 (PTI): Finance Minister Arun Jaitley has said the credibility of Indian economy has been partly restored and the momentum must be sustained over the next two years to win over and provide comfort to world investors.   Jaitley, who was in San Francisco to lead the International Day of Yoga, said […]

June 23 bank employees’ strike postponed

Chennai, June 22 (IANS): A strike called by All India Bank Employees Association (AIEBA) on June 24 to press for the demands of employees of associate banks of State Bank of India (SBI) has been postponed, said a top union leader. [google_ad_728_90_text] “The June 24 strike has been postponed. We will meet union ministers for […]

Samsung S6 Edge’s indomitable camera

Anirban Ghoshal IANS Tech Review   Samsung had the world wondering what it meant by ‘Next is Now’ during the launch of the Galaxy S6 series. After the launch, Samsung had touted that it had come up with a camera unit that it was putting into the S6 series that would be second to none. […]

BRICS bank to complement, not replace global institutions: Putin

St Petersburg, June 20 (IANS): Russian President Vladimir Putin says that the BRICS Bank set up by five countries with a capital of $100 billion will not challenge the existing multilateral institutions.   Putin, who was interacting with a dozen visiting wire service reporters, including from IANS, said the intention behind the bank and the […]

‘Excessive judicial interference not good for investors’Jaitley

New York, June 19 (IANS): “Excessive interference” by the judiciary in commercial arbitration is not good for the investor because it adds costs to Indian companies and the cabinet is considering changes in law to deal with that, Finance Minister Arun Jaitley said here Thursday.   “When India did legislate in terms of global compatibility, […]

Vietnam waives visas for 5 countries to boost tourism

HANOI, June 19 (AP): Vietnam will drop its visa requirements for tourists from five more European countries in a bid to boost its slumping tourism industry.   Under a decision by Prime Minister Nguyen Tan Dung that was posted on the government’s website, visitors from Britain, Germany, France, Italy and Spain will no longer need […]

Twitter’s new feature allows you to follow events

New York, June 19 (IANS): Twitter is now in the process of making its real-time news feed accessible to everyone, according to media reports. The new product is named Project Lightning and “it’s a brand new way to look at tweets”, BuzzFeed quoted Twitter’s Kevin Weil as saying. Twitter is now taking an editorial approach […]

Spices India: One-stop for quality spices

New Delhi, June 18 (IANS): In an attempt to showcase the country’s choicest spices and value-added products, including lifestyle and personal care, Spices Board, through its initiative Flavourit, has launched two outlets here to provide government authorised spices at affordable prices under one roof.   Spices Board is the flagship organisation under the union Commerce […]