Pranab asks CMs to crack down on hoarders

File photo shows a truck carrying onions from Pakistan entering India at the Wagah border post near Amritsar. Pakistan banned onion exports on Thursday to cool domestic prices.   New Delhi, January 7 (PTI): Under attack for inability to control surging food prices, especially onions, Finance Minister Pranab Mukherjee has written a letter to State […]

Facing ban, BlackBerry looks to buy time in India

New Delhi, January 7 (Agencies): BlackBerry has asked for 18-24 months to provide a complete solution for interception of its Enterprise Mail, but with a condition that its services would not be banned, a guarantee that the government declined to give. “Research in Motion (RIM), maker of BlackBerry, can provide the infrastructure in India for […]

Honda to launch new face-lifted Accord next month

Mumbai, January 7 (Agencies): The Indian unit of Japanese auto giant Honda is gearing-up to launch the new 2011 Honda Accord in the Indian market, next month. The new generation Honda Accord carries a minor face-lift, offering it a bold and aggressive look. The company is already selling this car in the US market.The new […]

India to replace US as second largest economy by 2050: report

New Delhi, January 7 (Agencies): India is poised to overtake the USA and emerge as the World’s second largest economy on purchasing power parity basis by 2050 and has the potential to supersede China to the top spot, says a report published by PwC. China is expected to overtake the US as the world’s largest […]

2G spectrum scam loss figures erroneous: Kapil Sibal

NEW Delhi, January 7 (Agencies): Government on Friday rejected CAG estimates of losses of Rs 1.76 lakh on account of allocation of 2G spectrum to telecom operators saying it “had no basis and was utterly erroneous”. “We are extremely pained at methodology adopted by CAG (Comptroller and Auditor General) for arriving at 2G spectrum (allocation […]

Tata launches new multi-purpose vehicle ‘Venture’

Jaipur, January 6 (Agencies): Tata Motors launched its new multi-purpose diesel vehicle ‘Venture’ in Rajasthan. “We are launching the product first in Rajasthan and later it will be launched in other states. The vehicle is with the footprint and manoeuvrability of a hatchback car, but the interior space of a utility vehicle,” the company’s Head […]

Food inflation soars, onion prices biggest contributor

New Delhi, January 6 (Agencies): High prices of food items, especially onions, led to a sharp spike in India’s annual food inflation to 18.32% for the week ended Dec 25, compared to 14.44% the week before. The fifth straight week of rise in food inflation rate, based on wholesale prices, was pushed back to double […]

Apollo Hospitals to expand business in small towns

New Delhi, January 6 (Agencies): Apollo Hospitals will be investing nearly Rs.1,000 crore to set up 12 new hospitals in small towns across the country in the next two years. “We will be investing up to Rs.1,000 crore to set up 12 ‘Apollo Reach’ hospitals in tier-II and tier-III cities. The investment per hospital will […]

Samsung to launch low-priced 3D TVs

SEOUL, January 6 (Agencies): Samsung Electronics Co, the world’s largest maker of televisions, plans to offer a range of 3D TVs that will be priced lower than its existing models after high prices damped demand. The electronics maker will include the technology in seven models this year, Lee Kyung Shik, a vice president at the […]

Do you want ‘Maoist’ Trinamool as ally? Six parties ask Centre

New Delhi, January 6 (Agencies): Six parties, including four from the Left, on Thursday asked the Manmohan Singh government to decide whether it wanted to continue its alliance with Trinamool Congress, whose “collaboration” with Maoists was a “clear threat” to internal security. Alleging there was “incontrovertible evidence of collaboration” between Trinamool Congress and Maoists, leaders […]

Violence breaks out at Osmania campus

File Photo: Osmania University students damage a bus after violence broke out over the Telangana issue, in Hyderabad on Thursday.   HYDERABAD, January 6 (Agencies): Students agitated over the Srikrishna Committee report clashed with the para-military forces on Osmania University campus, set fire to a city bus on Thursday morning, forcing authorities to seal off […]

BJP to go ahead with flag hoisting in Srinagar

JAMMU, January 6 (Agencies): The Bharatiya Janata Party (BJP) will go ahead with its plans to hoist the Indian tricolour at the historic Lal Chowk in Srinagar on Republic Day despite Chief Minister Omar Abdullah having cautioned the party against it, a party official said Thursday. Reacting to the chief minister’s assertions Wednesday that hoisting […]