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Cannot advocate banks bailing out Kingfisher: Minister
SME Times News Bureau | 21 Feb, 2012
The government cannot advocate a bail-out of Kingfisher Airlines by banks, Civil Aviation Minister Ajit Singh said Tuesday ahead of a meeting of the cash-strapped carrier with the Directorate General of Civil Aviation (DGCA) following large-scale disruptions of its operations.
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All time record in farm production: PM
SME Times News Bureau | 20 Feb, 2012
Prime Minister Manmohan Singh Monday said India's farm yield has touched a new high with food production expected to exceed 250 million tonnes, "an all time record", at the end of the Eleventh Five Year Plan ending March 31.
Fresh 2G auction: Consumer may be spared large hike
Priyanka Sahay | 20 Feb, 2012
The Indian mobile consumer could be spared a large tariff hike due to the mandated auction of 2G telecom spectrum. Industry analysts don't foresee a tariff war in the run-up to the auction and say there could be a minor pricing correction thereafter without significantly burning a hole in the consumers' pocket.
Need to revive agriculture urgently: Panel
SME Times News Bureau | 17 Feb, 2012
Flagging a "sense of urgency to the need of transforming Indian agriculture", a panel of governors set up by President Pratibha Patil will submit its report to Prime Minister Manmohan Singh by February-end, one of her top aides said Thursday.
EGoM fails to decide on ONGC, BHEL stake sales
SME Times News Bureau | 16 Feb, 2012
The government stumbled in its effort to meet the target of raising Rs.40,000 crore through stake sale in state-owned firms this fiscal as an empowered group of ministers (EGoM) Wednesday failed to decide on off-loading shares in the country's biggest oil and gas explorer ONGC and engineering major BHEL.
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