SME Times News in India Economy News

Sensex ends in red; down by 102 pts

IANS — Tue, 18 Jun 2013 00:00:00 +0530

A benchmark index of the equities markets on Tuesday fell by 102.59 points to close at 19,223.28 mark due to selling pressure in rate-sensitive counters mainly in banking, consumer durable and auto amidst capital outflows from foreign funds.

India becomes Kenya's largest Asian trading partner

IANS — Tue, 18 Jun 2013 00:00:00 +0530

India, which has a thriving diaspora in Kenya estimated at 100,000, became the East African nation's biggest trading partner in Asia in 2012, surpassing China, a government document says.

TRAI cuts roaming charges for calls, SMSes from July 1

IANS — Tue, 18 Jun 2013 00:00:00 +0530

The telecom regulator Monday reduced national roaming calls and SMS tariff ceilings from next month and said it would allow telecom service providers to offer national mobile roaming to subscribers for a fixed fee from the same date.

Widespread June rains cheer Maharashtra

Staff Reporter — Tue, 18 Jun 2013 00:00:00 +0530

Spelling cheer for the people, farmers and industry, Maharashtra has received an average of nearly one-fourth of its total annual rainfall in just the first fortnight of June, officials said in Mumbai Monday.

UP cabinet approves international airport for Agra

IANS — Tue, 18 Jun 2013 00:00:00 +0530

The Uttar Pradesh government Monday gave its nod to the construction of an international airport in Agra. The proposal already has the approval of the central government, and a site for the project will soon be earmarked.

Narendra Modi meets Advani

IANS — Tue, 18 Jun 2013 00:00:00 +0530

Gujarat Chief Minister Narendra Modi met senior BJP leader L.K. Advani here Tuesday, a week after the party patriarch quit following the former's elevation as the party's campaign committee chief.

Focus on exploration, change oil pricing method: Jayalalithaa

IANS — Mon, 17 Jun 2013 00:00:00 +0530

Commenting on hiked petrol prices by Rs.2 per litre, Tamil Nadu Chief Minister J. Jayalalithaa Sunday urged the central government to focus on oil exploration, change the pricing methodology of oil, and stop the fall of the rupee against the US dollar.

Monsoon hits north India; almost two weeks ahead

IANS — Mon, 17 Jun 2013 00:00:00 +0530

Monsoon arrived in Delhi Sunday, a good fortnight ahead of schedule while parts of north India continued to receive heavy showers as the southwest monsoon advanced further into the central and north regions, the India Meteorological Department (IMD) said.

Plan panel has pathological compulsion for PPP: Yechury

Staff Reporter — Mon, 17 Jun 2013 00:00:00 +0530

Sitaram Yechury, chairman of the Parliamentary Standing Committee on Transport, Tourism and Culture, Sunday slammed the Planning Commission for its "pathological compulsion" for Public-Private Partnership (PPP).

Rains damage harvested paddy left in open in Odisha

Staff Reporter — Mon, 17 Jun 2013 00:00:00 +0530

Incessant rains damaged hundreds of bags of harvested paddy left under the open skies in three Odisha districts of Kalahandi, Rayagada and Koraput, officials said Sunday.