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Aviation Policy Draft: India seeks to make Air Travel affordable
New Delhi, Oct 30: Incentives to fly to small towns at affordable costs and easing the norms for domestic carriers to operate services abroad are some of the highlights of the new draft aviation policy, released on Friday for inputs from…
India, US to keep talking about Visa, Double Taxation Issues
Washington, Oct 30: India and the US have agreed to continue their engagement on the vexed issue of a totalization agreement for the purpose of avoiding double taxation of income with respect to social security taxes.
"There is steady…
Chinese Yuan strengthens to 6.3495 against USD
Beijing, Oct 30: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 101 basis points to 6.3495 against the US dollar on friday, according to the China Foreign Exchange Trading System.
In China's spot…
Draft Bankruptcy Law likely within 10 days: Official
New Delhi, Oct 30: The bankruptcy law, a legislation for improving ease of doing business in the country, is one of the major focus areas of the government and its draft was likely to be ready in the next 10 days, Economic Affairs Secretary…
Nod to 16 FDI proposals worth Rs.4,722 Crore
New Delhi, Oct 30: The government on thursday approved 16 FDI investment proposals amounting to Rs.4,722 crore, an official statement said.
"The FDI proposals were cleared based on the recommendations of the Foreign Investment Promotion…
Sensex Trades flat in morning session
Mumbai, Oct 30: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on friday was trading flat at 13.86 points or 0.05 percent up during the morning session.
The wider 50-scrip Nifty of the National Stock…
International Telecommunication Union sets up Vision on 5G Development
Geneva, Oct 30: The International Telecommunication Union (ITU) on Thursday set up a vision for the development of 5G mobile, in a bid to provide lightning speed, omnipresent, ultra-reliable mobile communications in the short future.
The…
Uber launches in Australia
Canberra, Oct 30: Controversial ride sharing app Uber has officially launched Uber X services in Canberra on friday after the nation's capital became the first Australian city to regulate ride sharing.
On thursday, Australian passed a…
Low Pollution Euro-VI Fuels be to introduced by 2020: Pradhan
New Delhi, Oct 20: India will shift to Euro-VI emission compliant petrol and diesel by 2020 to cut carbon emissions, Petroleum Minister Dharmendra Pradhan said on Thursday.
"A revised auto fuel policy is in the offing which will lead to…
Google’s Internet Balloons to circle Earth
London, Oct 29: Google’s much talked about Project Loon is on course and constant internet beaming from floating balloons may become a reality in certain regions as early as next year.
The company believes the move would let it trial a…