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Orissa suspends work in 128 mines

The Orissa government has ordered suspension of work in 59 more mines, taking the total number of mines served such notices this month to 128, an official said Wednesday.

Inbuilt checks on foreign funds if distortions arise: Mukherjee

With inflows from foreign funds exceeding $15 billion this year and hardening of the rupee, Finance Minister Pranab Mukherjee Wednesday said India has a system of monitoring such flows and will take counter-steps if distortions emerge.

India may have to import rice this year: Mukherjee

Expecting a 14-15 million shortfall in paddy production and procurement this year, India may import rice to shore up its stocks, Finance Minister Pranab Mukherjee said here Wednesday.

Punjab farmers get Rs.12,800 crore for bumper paddy crop

At a time when the central government says its national target for paddy procurement may not me met, Punjab farmers have not only managed a bumper crop but received payments of some Rs.12,800 crore (Rs.128 billion/$260 million) in less than 50 days of the current procurement season.

We're similar, yet a little different, say Pakistani exhibitors

Intricate carpets, ornate wall hangings, handprinted textiles...all in a melange of colours. Pakistani exhibitors are rolling out their best at an annual trade fair here and Indians are lapping it up.

Indian equities open lower despite strong cues

Indian equities opened lower Wednesday and fell further within a few minutes into trading, even though sentiments remained positive on account of positive cues both in the domestic domain and from overseas.

RNRL objects to oil ministry being party to gas dispute

Reliance Natural Resources Ltd (RNRL) Tuesday opposed the oil ministry's plea to the Supreme Court to join the Krishna-Godavari gas dispute as a party and said cross-examination of officials must be allowed if the request is granted.

40 percent Indian households still powerless: Greenpeace

Despite India's growing electricity generation and increasing carbon emissions around 40 percent of households -- a majority of which are in villages -- do not have electricity, says a Greenpeace report released here Tuesday.

Shareholders must fix corporate salaries, says minister

High salaries in the corporate sector is not a 'dogmatic' or an ideological issue with the government, according to Minister of State for Corporate Affairs Salman Khurshid.

Air India to continue with incentives for employees

The National Aviation Co of India Ltd (NACIL) that runs national carrier Air India Tuesday decided to continue with the present performance linked incentives (PLI) as passenger load has picked up.

Birla Corp to lay off staff at vinoleum division

Birla Corp, the flagship company of the M.P. Birla group, has informed stock exchanges that a 'layoff' would take place at its vinoleum division from Tuesday.

Reprocessing deal on table during Manmohan-Obama talks

When Prime Minister Manmohan Singh has dinner at the White House with President Barack Obama Nov 24, the nuclear deal may not be the main course but the two leaders are set to focus on the unfinished part of the nuclear business, including a pact on reprocessing spent fuel now in its final stages.

Protests delay Chandigarh Shatabdi by over 3 hours

The arrival of the New Delhi-Chandigarh Shatabdi here Tuesday was delayed by over three hours due to passengers of a local train blocking the tracks in Haryana's Sonepat town, officials said.

Chandigarh promotes honey with 'Honey Week'

With the aim of popularising honey and increasing its consumption among masses, the Khadi and Village Industries Commission (KVIC)-Punjab launched various awareness activities in this union territory, as part the 'Honey Week' which began Tuesday.

Treat yourself to a relaxing Thai massage at the trade fair

Shop till you drop and then pamper yourself with a relaxing back massage or a rejuvenating foot massage. Sounds irresistible? Then a visit to the Thai massage stall at the ongoing India International Trade Fair is a must.

Hyundai's new chief, workers hope for cordial ties

Hyundai Motor India's new managing director and chief executive Han Woo Park as well as workers are hoping for cordial industrial relations at the company's two plants near here.

Indian equities end tad higher after volatile session

Indian equities managed to end marginally higher Tuesday after a bout of heavy volatility, which saw a key index swing in a range of nearly 200 points, as investors rushed to book profits on the gains made the previous day.

Air India to get Rs.400 cr by January

The state-run National Aviation Co of India Ltd (NACIL) that runs Air India will get by January the first instalment of equity infusion by the government worth Rs.400 crore (Rs.4 billion), the company said in a statement Tuesday.

New small car won't impact our image, says Hyundai

The new small car being developed by Hyundai Motor in South Korea on a Rs.800-crore investment will not impact the group's image adversely, say officials of the company's Indian subsidiary.

Two Kerala politicians squabble over 'love jihad'

They have for long been engaged in a running political battle, belonging as they do to the rival fronts of Kerala's political spectrum.

Modernisation of agriculture encouraging child labour: Experts

Globalisation and modernisation in agriculture is creating a big demand for child labour in the sector, said experts at a panel discussion on child rights in the capital Tuesday.

Steel Authority planning 12-mn tonne plant in Jharkhand

The state-owned Steel Authority of India Ltd (SAIL) is planning to set up a 12-million tonne plant in Jharkhand, the company said here Tuesday.

Madhya Pradesh farmers advised to sow wheat

The Madhya Pradesh agriculture department has advised farmers to sow wheat which could help them recover losses caused by the untimely rains in the state.

Oil leak in Haldia-Paradip pipeline in Orissa

An oil leak was Tuesday spotted at a crucial pipeline of the state-run Indian Oil Corp in Orissa's Bhadrak district, raising concerns over its environmental impact and loss of supplies.

RIL betting on hydrocarbon asset acquisitions abroad

Oil-to-retail business house Reliance Industries (RIL) Tuesday said it would continue acquiring hydrocarbon assets overseas to ensure better synergy between domestic and international operations.



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