Riverbank to invest Rs.30 Billion on Calcutta Riverside project
Riverbank Developers will invest Rs.30 billion (Rs.3,000 crore) to develop the Calcutta Riverside project at Batanagar in West Bengal, a top official said here Wednesday.
West Bengal good for investors, says Somnath Chatterjee
Lok Sabha Speaker Somnath Chatterjee, who has been expelled from the Communist Party of India-Marxist (CPI-M), Wednesday supported the Left coaltion government in the sta...
Thousands throng Himachal Pradesh for New Year
Thousands of tourists, mainly from northern states, thronged popular tourist spots across Himachal Pradesh to celebrate the New Year, and several hotels in the state have...
Government seeks telecom industry's views on reducing tariffs
India's telecom regulator Wednesday sought the industry's views on reducing the interconnect usage charges (IUC), a move that may lead to a further fall in call tariffs.
ICICI Bank, LIC Housing cut home loan rates
Two more lending institutions - ICICI Bank and LIC Housing - Wednesday cut their interest rates on home loans by up to 75 basis points (bps).
Government defers action on new airports ground-handling policy
The government has postponed by at least six months the implementation of the new ground-handling policy at airports, expected to come into force Thursday, an official sa...
U.S. mortgage rates fall to lowest level in decades
Mortgage rates for 30-year-fixed home loans in the U.S. fell for the ninth straight week and to their lowest level in 37 years, according to a report released Wednesday b...
Talks fail, will cut off gas to Ukraine: Gazprom
Russian export monopoly Gazprom has accused its Ukrainian counterpart of negotiating in bad faith as talks on preventing a gas embargo failed, setting the stage for a new...
In 2008, Wall Street dropped most since Great Depression
U.S. stocks gained Wednesday as weekly unemployment figures dropped, but Wall Street still saw its steepest yearly slide since the Great Depression.
In festive season, greeting cards also victims of economic slump
Gone are the days you would spend hours selecting that perfect greeting card, saying just the right words. You would rather go the SMS way for a quicker and more economic...