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Idea Cellular launches 3G network in Delhi NCR
New Delhi, Dec 4: Riding on the back of a data network of 2,500 cell sites for 3G and 5,000 modernized towers for 2G, Idea Cellular has commercially launched its 3G network in Delhi NCR, the company said on Friday.
A company statement…
US Rate hike chances depresses markets; BSE Sensex down 142 Points
Mumbai, Dec 4: Heightened chances of a US rate hike, coupled with negative sentiments emanating out of the Chennai floods, depressed Indian equity markets and led a barometer index to shed 142 points or 0.55 percent during the mid-afternoon…
Myanmar plans economic zone for exports to India
Nay Pyi Taw, Dec 4: Myanmar has demarcated an area in Rakhine state to establish a special economic zone which aims to attract investors from Asean countries and export their goods to China and India, an official report said on Friday.…
Tokyo stocks: Nikkei index plunges over Two Percent
Tokyo, Dec 4: Tokyo shares ended sharply lower on Friday with the benchmark Nikkei index plunging over two percent due to the European Central Bank's latest stimulus measures which failed to meet the market's expectations.
The 225-issue…
BSE Sensex tanks 217 Points in Early Trade
Mumbai, Dec 4: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Friday was trading 217.43 points, or 0.84 percent down during the morning session.
The wider 50-scrip Nifty of the National Stock…
Electricity to all villages by 2018: Piyush Goyal
New Delhi, Dec 3: Power Minister Piyush Goyal on Thursday said that the central government was committed to provide electricity to all villages by 2018.
"Today, the whole country has required coal and power," he told the Lok Sabha.…
India to amend double taxation avoidance pact with Japan
New Delhi, Dec 3: The union cabinet on Wednesday approved signing an agreement for amending the double taxation avoidance convention with Japan that was first signed in 1989 to check fiscal evasion, an official statement said.
"The…
400 Railway Stations to be developed
New Delhi, Dec 3: The railways ministry on Wednesday said 400 A-1 and A category railways stations will be developed incorporating international standards.
The ministry will invite bids for designs and business ideas for providing…
India’s Power sector outlook remains negative: Moody’s
Hong Kong, Dec 3: The outlook for India's power sector remains negative due to evident structural challenges, Moody's Investors Service said on Thursday, while assigning a stable outlook for the power sector in the Asia Pacific, except…
South Korean Parliament passes 2016 Budget Bill
Seoul, Dec 3: The South Korean National Assembly on Thursday passed the government's 2016 budget bill during a plenary session. The bill called for increasing the budget by 2.9 percent to 386.4 trillion won ($332 billion) next year from…