Japanese workers today struggled to block a crack leaking high radiation into the sea from a stricken reactor at the Fukushima nuclear plant, as the government said it may take several months before the situation at the quakehit facility is brought under control.
Posts Tagged ‘government’
CPI (M) opposes govt`s new FDI policy
The CPI(M) has opposed the government`s new FDI policy. The party politbureau in a statement said it would not only strengthen the grip of foreign multinationals over Indian companies but also adversely affect agriculture as farmers would be at their mercy for supply of seeds. The party has asked the UPA government not to pursue the measures which would immensely harm the country`s industrial and agricultural development.
Pawar shouldn’t have attended cab meet on tax sop to ICC
BJP on Friday said ICC chief and Union Minister Sharad Pawar should not have participated in the union cabinet meeting which approved income tax exemption to the cricketing body for the World Cup matches and demanded the government explain how the relief was being given.
Japan Noda: must be cautious on BOJ underwriting govt bonds
TOKYO (Reuters) – Japanese Finance Minister Yoshihiko Noda said the government was not considering asking the Bank of Japan to underwrite government bonds to help fund disaster relief after last month’s devastating earthquake and tsunami, and it would need to be cautious about asking for any such underwriting.
PM Singh says need to deal with high inflation
Prime Minister Manmohan Singh said on Thursday his government will deal with the challenge of high inflation driven by rising oil, food and commodity prices because of political upheavals and natural disasters in some countries.
STC commences e-auction of imported pulses on NSE
The State Trading Corporation of India (STC), the premier international trading house set up by the Government of India in 1956, has become a member of National Spot Exchange (NSEL), the pan-India electronic spot market of commodities, promoted by Financial Technologies group, for conducting e-auction of imported pulses through NSEL`s electronic platform. STC joins the league of many prominent agencies in India which are members of NSEL and have been successfully using this platform for procurement or auction of various commodities
Expect 1520% margin on new order: EDCL
Energy Development Company (EDCL) has won a Rs 20 crore order from the government of Maharashtra.
Tokyo Electric says $24 billion loans not enough
TOKYO (Reuters) – Tokyo Electric Power has secured $24 billion in bank loans but said that would not be enough to keep running and pay for Japan’s worst nuclear disaster, adding to expectations the government will step in to bail out the stricken company.
Airlines ask ministry to wait for SC order on ground policy
Airline companies are in a huge dilemma with the government’s announcement of implementation of the new ground handling policy on April 1. Private airlines have written to civil aviation secretary Nasim Zaidi on ground handling policy asking the ministry to wait till April 4 for the Supreme Court’s directives on the same.
Fin Min gives its comments on CairnVedanta deal
The Finance Ministry has given its comments on the CairnVedanta deal and it is not mincing words.
AI bills: Govt asks oil companies to defer deadline
Cashstrapped Air India today heaved a sigh of relief as the government asked oil companies, which had threatened to stop jet fuel supplies to it from this monthend for not clearing dues worth Rs 2,400 crore, to defer their deadline by a month.
Govt, RBI working to lower banking costs, expand reach: FM
Expressing concern over high costs and limited reach of banking services, Finance Minister Pranab Mukherjee on Sunday said that the government was working in collaboration with RBI to address these concerns. “The cost of banking intermediaries in India is high and bank penetration is limited to only a few customer segments and geographies,“ Mukherjee said in Mumbai on Sunday.



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