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Emerging economies fail to get greater voice in governance

WASHINGTON - Despite a hard push by India, world financial leaders have failed to make progress on reforms in International Monetary Fund (IMF) to give emerging economies a greater say over the global economic governance.

IAF strengthening its ground assets: Air chief

NEW DELHI - The Indian Air Force (IAF) is upgrading and modernizing its existing airfields and bases - rather than creating new ones - with the latest and ultra-modern communications, radar, aircraft landing systems and defensive shields, its top commander says.

India pushes for IMF reforms amid fragile recovery

WASHINGTON - India has again pressed for organisational and governance reforms in the International Monetary Fund (IMF) in a "fragile phase of repair and rebuilding" after the global financial crisis.

Green norms for SEZs to be announced soon

CHENNAI - Guidelines or standards to make all special economic zones (SEZ) environment friendly will be announced soon, an official said Saturday.

Porsche employees banned from social networking

STUTTGART - Luxury car manufacturer Porsche has banned employees from using internet sites such as Facebook, Google Mail or Ebay during office hours, for fear of industrial spying, German media reported Saturday.

G-20 should protect interests of financial consumers: NGO

NEW DELHI - The G-20 should take concrete action to protect the interests of financial services consumers who have been badly hit by the recent downturn in the industry, an NGO working for social justice and economic equity said Saturday.

New SKS chief barred from taking major decisions

HYDERABAD - The Andhra Pradesh High Court has barred the new chief executive of SKS Microfinance from taking any major decisions before the conclusion of a case related to the controversial sacking of his predecessor Suresh Gurumani.

CII inks pact to establish green manufacturing centre

NEW DELHI - A green manufacturing center of excellence will be set up in Germany in the Public-Private-Partnership (PPP) mode under a pact inked between the Confederation of Indian Industry (CII), the Central Manufacturing Technology Institute (CMTI) and Germany's Fraunhoffer Institute, it was announced here Saturday.

Subsidise ecological fertilisation, demand Madhya Pradesh farmers

DEWAS - Farmers in Madhya Pradesh have demanded a subsidy for practising eco-friendly measures to tackle India's soil degradation crisis, environmental group Greenpeace India said Saturday.

Thiruvananthapuram’s new terminal opening still uncertain

THIRUVANATHAPURAM - The Airports Authority of India (AAI) and Air India (AI) are in a blame game over the delay in opening of the new terminal of Thiruvananthapuram airport.

India’s forex reserves rise to $294.16 bn

MUMBAI - India's foreign exchange reserves increased by $2.563 billion to $294.158 billion for the week ended Oct 1, registering a gain for the third straight week on account of revaluation.

Foreign fund inflows top $3 bn in six days

MUMBAI - Though benchmark indices of Indian equities dipped after a five week rally, the flow of foreign money into the stock markets continued unhindered with total inflows crossing the $3 billion mark within six trading days of October.

Buy a book, win a Nano

NEW DELHI - What is the easiest way to own a Nano, the Rs.1 lakh family car that is meant to change the dynamics of Indian roads? Grab a copy of the book Small Wonder: The Making of Nano from any bookstore, fill up a form and take part in the Grab a Copy, Win a Nano contest.

Sensex dips after five-week rally (Weekly Market Review)

MUMBAI - The benchmark index for Indian stock markets fell for the first time in five weeks with domestic investors booking profits, although foreign funds continued to invest in equities in substantial amounts.

Scottish delegation on promotional visit to India

NEW DELHI - A tourism and trade delegation from Scotland will visit India from Sunday to promote business, tourism, golf, culture and education, an official said Saturday.

Kashmir unrest: Private sector lays off 50,000 employees

SRINAGAR - Four months and counting...

Kerala, Gujarat tourism promos target different segments: Piyush Pandey

NEW DELHI - Two promotion campaigns capturing the spiritual essence of Kerala and the vibrant colours of Gujarat are proving to be major draws for footloose itinerants worldwide for whom India has become one of the top 10 tourism destinations.

Prozone’s Mall Opening In Aurangabad

Prozone’s Mall Opening In AurangabadAURANGABAD, INDIA (GaeaTimes.com)- Aurangabad is going to become the first city in Maharashtra as well as India to get the biggest and first ever horizontal design based mall.

British royal family told to cut expenses

LONDON - The British royal family have been told to slash spending on palaces and travel by about 25 percent, a media report said Saturday.

Chhattisgarh’s new 660 MW plant to start by December

RAIPUR - The National Thermal Power Corporation (NTPC) will commission the first of three 660 MW of units of a new power plant in Chhattisgarh's Sipat village by December, the corporation said here Saturday.

Seeing light at the end of world’s longest rail tunnel

GENEVA - Seeing light at the end of the tunnel will be more than just a catch phrase when Swiss engineers blast through the last Alpine granite barrier Oct 15 at the Gotthard Base Tunnel - the world's longest rail tunnel.

India’s Jain Irrigation gets IFC award

WASHINGTON - India's Jain Irrigation Systems Limited has been honoured with the annual IFC Client Leadership Award for its pioneering work to promote sustainable agriculture and raise farmers' incomes through the efficient use of water, energy, and fertiliser.


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