Saturday, October 6, 2012

‘Don’t levy additional spectrum fee’

‘Don’t levy additional spectrum fee’


‘Don’t levy additional spectrum fee’

Posted: 06 Oct 2012 04:09 PM PDT

The government should not levy additional spectrum charges for the remaining license period of operation at the rates at which the airwave will be auctioned to the new operators, said Attorney General (AG) G E Vahanvati in his opinion to the government.


11th plan fails to achieve IMR goal

Posted: 06 Oct 2012 02:37 PM PDT

A latest report by the National Institute of Medical Statistics, which is part of the Indian Council of Medical Research, shows that India won't reach the target originally set for this year till as late as end-2016.


India's insurance reform sends strong signal

Posted: 06 Oct 2012 08:53 AM PDT

After years of policy inaction and a string of corruption scandals, New Delhi's decision to allow foreigners a bigger stake in its insurance and pension industries is another indicator of its determination to push through reforms.


Sharp fall in Nifty: Understanding flash crash

Posted: 06 Oct 2012 08:51 AM PDT

Global markets have witnessed flash crashes in the recent past, the most famous one being on May 6, 2010 when US markets dropped 600 points.


Chidambaram meets RBI, Sebi officials

Posted: 06 Oct 2012 08:32 AM PDT

The finance minister was accompanied by economic affairs secretary Arvind Mayaram, banking secretary DK Mittal and joint secretary Anup Wadhwan, who is in charge of capital markets at North Block.


Forex reserves up $837.8 million

Posted: 06 Oct 2012 06:06 AM PDT

India's foreign exchange (forex) reserves went up by $837.8 million to $294.81 billion for the week ended September 28, 2012.


Gold slides to 1-month low

Posted: 06 Oct 2012 03:14 AM PDT

Gold prices retreated and fell to one-month lows at the domestic bullion market on Saturday on fresh bouts of profit taking by speculators and investors following bearish global sentiment.


Gold down by Rs 40 on poor demand

Posted: 06 Oct 2012 02:50 AM PDT

Gold continued it downward spiral for the fourth straight day in the bullion market here on Saturday by losing Rs 40 to Rs 31,480 per 10 grams on poor demand due to 'Shradhs' and a weak global trend.


Air India receives third Boeing 787 Dreamliner

Posted: 06 Oct 2012 01:34 AM PDT

Representatives from Air India took delivery on Friday of the first Boeing Co 787 Dreamliner made in South Carolina and the first manufactured outside Boeing Commercial Airplane's headquarters in Washington state.


CBI probe demanded into Nifty 'crash'

Posted: 06 Oct 2012 01:15 AM PDT

NCP on Saturday demanded a CBI probe into the 900-point 'flash crash' of National Stock Exchange (NSE) index Nifty, which had halted trade on the exchange for about 15 minutes.


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