India taking up fishermen issue with Sri Lanka: Sushma

External Affairs Minister Sushma Swaraj on Thursday said India is taking up the issue of fishermen with the Sri Lankan government through diplomatic channels.

She also added that the Sri Lankan government has assured probe into the killing of an Indian fisherman allegedly by the Lankan Navy.

Making a statement in the Lok Sabha, the External Affairs Minister said Sri Lanka ha

FTII signs MoU with Canon to promote short courses in film, TV

Digital imaging firm Canon India said that it has signed a memorandum of understanding with Film and Television Institute of India (FTII) to promote film education through short-term courses across several towns and cities in the country. Canon as Technology Partner of Skilling India in Film and Television (SKIFT) would be providing high-end cameras and accessories free of cost for the courses,

Chennai port signs pact with Puducherry govt for exim cargo

Road congestion in Chennai and Puducherry will come down significantly after a pact between Chennai port and the Puducherry government for handling of export-import cargo, Union Minister Nitin Gadkari said. "Road congestion will reduce substantially due to the pact for handling exim cargo as almost 300 trucks will go off the road. Around 5-10 lakh tonnes of cargo is expected to be handled

Over Rs 19,000 cr collected as central tax on tobacco: Min

The Indian Government has said that over Rs 19,000 crores have been collected as Central tax on tobacco till January in financial year 2016-17. Commenting of the issue, Union Health Minister J P Nadda told the media, "As reported by the Finance Ministry, the total amount of Central tax collected on tobacco during 2016-17 (till January) is Rs 19,293 crores. The figure for 2014-15 and 2015-1

Cabinet approves National Health Policy: Reports

The Indian Government has said that it has approved the National Health Policy which proposes to provide "assured health services to all" in the country. As per Government sources, the Union Cabinet chaired by Prime Minister Narendra Modi gave its nod to the policy which has been pending for the last two years.

Union Minister J P Nadda is likely to make a suo moto statement

Cabinet clears Rs 2,147 cr highway project in UP: Reports

The Indian Government has said that it has cleared a Rs 2,147.33-crore project for widening of Handia-Varanasi stretch in Uttar Pradesh. As per reports, this project has been awarded under the government's flagship road building programme - National Highways Development Project (NHDP) Phase-V. Commenting on the issue, a Ministry of Road Transport and Highways Official told the media, "

Updated plan of IGI aims 109 mn passenger capacity: Government

According to the Government, the updated master plan of the IGI Airport envisages increasing the passenger handling capacity to 109.33 million passengers per annum in a phased manner. The Indira Gandhi International Airport (IGIA) is operated by Delhi International Airport Ltd (DIAL) -- a joint venture between GMR, AAI and Fraport AG.

Commenting on the issue, Minister of State for Civ

Govt doing thorough analysis of P&W engine issues: Jayant Sinha

The Indian Government has said that it is doing "detailed review" of the snags faced by Pratt & Whitney engines that power Airbus 320 neo planes operated by IndiGo and GoAir. As per reports, against the backdrop of recent incidents of these engines facing technical snags that also resulted in some emergency landings, aviation regulator DGCA has asked P&W to address the issues

Government planning to sell non-operational unit of CCI: Reports

The Indian Government has said that it is planning to sell off non-operational units of Cement Corporation of India (CCI) as part of strategic sale of loss-making companies. Commenting on the issue, Minister of State for Heavy Industries and Public Enterprises Babul Supriyo told the media, "As far as CCI is concerned, non-operating units of CCI are to be disinvested first as a part of stra

'Andhra Mid-cap pharmas may offer investment opportunities'

 With Indian big pharma companies getting bogged down due to regulatory issues, mid-cap companies based in Hyderabad may provide opportunities for investors, said HDFC Securities on Wednesday in a research report.

The report broadly classifies the Hyderabad based mid-caps into three categories viz., (a) Established formulations players, (b) Emerging formulations players and (c) C

Engineering sales lift India's exports for sixth month in February

By Manoj Kumar

NEW DELHI - India's exports rose in February for the sixth straight month, helped by a pick-up in engineering sales despite fears of protectionist and anti-trade sentiment in the United States and Europe.

Merchandise exports grew 17.48 percent year-on-year to $24.49 billion last month while imports rose 21.76 percent to $33.39 billion, the

SAP India betting big on SME sector for growth

Enterprise solutions provider SAP is betting big on the growth of the SME sector in India which accounts for nearly 80 per cent of the client base in the country, an official of the company said. "The growth of SAP lies in the growth of the SME sector in the country", head (marketing), Indian sub-continent of SAP India Krishnan Chatterjee said.

He said that out of the compan

Government launches new scheme for developing export linked infrastructure

The government today launched a new scheme - TIES - for developing export linked infrastructure in states with a view to promote outbound shipments. Launched by Commerce and Industry Minister Nirmala Sitharaman, the Trade Infrastructure for Export Scheme (TIES) seeks to bridge the infrastructure gap and provide forward and backward linkages to units engaged in trade activities.


Suresh Prabhu bats for rail connectivity with neighbouring nations

Railway Minister Suresh Prabhu today pitched for rail connectivity with neighbouring countries to boost trade and eliminate poverty in the region. Highlighting the need for physical connectivity with neighbours for trade growth, he advocated work on rail link from Kathmandu to Delhi and Kolkata shortly. "Asia is going to be the next futre growth centre of the world.

Asia being th

IT skill gap threatening Indian CIOs' digitisation dream: Report

As more and more Indian CIOs look forward to embrace digital technologies, lack of skilled IT talent in the country has become a viable threat to their dreams, a new report said on Wednesday.

According to Gartner's annual global survey of CIOs that received responses from 65 Indian CIOs, average IT budgets in India are expected to grow 10.7 per cent in 2017 -- nearly five times fa

Aviation to become part of multi-modal logistics hubs: Nitin Gadkari

Aviation sector will now be a part of multi-modal logistics hubs in India to promote holistic logistics solutions, union minister Nitin Gadkari said. So far, highways, ports, inland waterways and railways were part of the multi-modal logistics hubs in India. Development of integrated logistics solutions will be part of Prime Minister's Flagship 'Make in India' programme.


P-note investment climbs to Rs 1.75 lakh crore at Jan-end

Investments in domestic capital markets through participatory notes (P-notes) rose to Rs 1.75 lakh crore at the end of January, after hitting a 43-month low in the preceding month, reported PTI. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas ones who wish to participate in Indian markets without registering themselves directly. But they still need to go through

No shortage of coronary stent in India: Minister

The Indian Government has said that there is no shortage of coronary stents in the market after substantial reduction of its price and the government is closely monitoring their availability. Commenting on the issue, Minister of State for Chemicals and Fertilisers Mansukh L Mandaviya told the media, "No actionable complaint regarding shortage of Coronary Stents in the market has been recei

NPPA receives Rs 672 cr fine from pharma companies: Reports

The Indian Government has said that drug pricing regulator NPPA has received Rs 672.28 crore fine till date from pharmaceutical companies for overcharging. As per reports, since inception, the National Pharmaceutical Pricing Authority (NPPA) has issued 1,527 demand notices to companies for overcharging on sales of formulations at prices above the notified ceiling price.

Commenting on

Streamline audits by multiple agencies for ease of biz: COAI

Cellular operators' body COAI hoped that Trai's review of bottlenecks in the telecom sector will help iron out the outstanding issue of computation of gross revenue and streamline multiple audits that companies face, reported PTI. "Multiple agencies conduct audits...Trai of billing systems and tariffs, the Telecom Department conducts audit on Adjusted Gross Revenue (AGR) and eKYC..

Global SIM card firms asked to explain poor service quality

International SIM card and global calling card companies have caught the attention of the Telecom Regulatory Authority of India over instances of unsatisfactory service quality provided to consumers when they are travelling abroad, reported PTI. The TRAI, last week, called a meeting of 8-9 players and asked them to explain the reason for the poor service, which causes huge inconvenience to cust

Minister to inaugurate agricultural fair on Wednesday

Union Agriculture Minister Radha Mohan Singh will on Wednesday inaugurate a three-day 'Krishi Unnati Mela' at the Pusa Institute here.

Latest advancements in agricultural research and technology development in farm sector, animal husbandry and horticulture will be on display at the fair, where over 350 stalls will be put up from March 15 to 17. 

Dr Trilochan Moh

India fast adopting IoT to improve customer experience

India ranks the second highest in Internet of Things (IoT)-enabled customer maturity compared with other Asia-Pacific (APAC) markets, a new report revealed on Tuesday.

The report "IoT-Enabled Customer Experience (CX) Report 2016", released by Customer experience company Genesys, found that across APAC, businesses are realising the wide reaching benefits of implementing IoT.&

India has no plans to cut sugar import tax for now: food minister

By Mayank Bhardwaj

NEW DELHI  - India has no plans to cut the sugar import tax for now, the food minister said on Tuesday, citing ample domestic stocks and criticising the Indian Sugar Mills Association (ISMA) for projecting output forecasts below the government estimate.

Mills in India, the world's biggest sugar producer, will churn out 20.3 millio

Information security spending to reach $90bn in 2017

Global spending on information security is expected to reach $90 billion in 2017 -- an increase of 7.6 per cent over 2016 -- to top $113 billion by 2020, market research firm Gartner said on Tuesday.

According to Gartner, spending on enhancing detection and response capabilities is expected to be a key priority for security buyers through 2020.

"The shift to detection a