India Ahoy! INS Vikrant unveiled August 12, 2013 17:07
India is now among the select few countries to have a home-built aircraft carrier. The 37,500 tonne INS Vikrant was unveiled at a shipyard in southern Kerala, marking the end of its first phase of…
Read More
Jet Airways experiences $73m quarterly loss August 08, 2013 18:02
Indian carrier Jet Airways, which is steady to sell a minority jeopardize to Abu Dhabi-based Etihad, on Thursday posted its second straight quarterly loss stroke to lower income as well as high fuel prices. The…
Read More
RBI fines SBI again August 07, 2013 17:34
The Reserve Bank of India has once again fined the State Bank of India for violating currency chest norms. This news comes in the wake of a Rs 3 crore fine imposed on the bank…
Read More
That's cheap! Jet Airways gets economical August 05, 2013 15:42
In a bid to spur the market and expedite bookings, Jet Airways (India) Ltd., country's fastest growing airline, slashed their ticket prices on Saturday by a larger part. The airline has announced a 'seven day…
Read More
Burger worth £250,000 to be tested secretly August 03, 2013 16:48
This burger would be offered on the menu at a secret location for taste testing. Why is it so costly? Well, it is the world's first lab grown burger. You might ask what a lab…
Read More
Private forensic labs, need of the hour July 31, 2013 18:42
India is a country in dire need of quality DNA forensic labs. All current ones, with the exception of one, are government owned. The launch of the first DNA testing lab in Gurgaon has opened…
Read More
India's economy continues to worsen July 29, 2013 17:27
Economic Growth in India is at its lowest in 10 years. At a meager 5% growth rate, the economy is continuing to worsen even as the Rupee remains weak against the dollar. Top corporate leaders…
Read More
Rupee gains against dollar July 26, 2013 16:04
As of Friday, the Indian Rupee has held its own against the dollar, rising more than 0.72% this week. Last observed, the rupee was trading at 58.87 for each dollar. At the end of Thursday,…
Read More
Indo-China border trade begins for 2013 July 22, 2013 16:03
Border trade between China and India has begun for the current year. An Indian team, comprising 6 members, have crossed Lipulekh pass situated 17,500 feet high near the border and reached the Tibetan mart of…
Read More
Open doors for foreign investment in Telecom July 17, 2013 15:31
In a bid to correct a declining economy, the Government of India gave the go ahead for 100% investment in Telecom sector from foreign companies. The government has also set higher limits for the Defence…
Read More
Banks fined crores over violating KYC norms July 16, 2013 14:41
About 22 banks were penalized by the RBI for money laundering and violation of know your customer (KYC) norms. Banks will have to pay crores of Rupees as part of fines. The central bank announced…
Read More
Green signal to Sun Pharma from USFDA July 12, 2013 16:25
Sun Pharma can now sell its generic diabetic medication, Repaglinide tablets. The United States Food and Drug Administration (USFDA) offered the pharmaceutical company permission to market Repaglinide exclusively in the US for 180 days. The…
Read More