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85,000 MW capacity addition planned for 12th plan period: Govt

NEW DELHI, May 14: The projected power demand of 1,354.87 billion units by 2017 will be met as 85,000 MW capacity addition is planned...

J&K Bank Q4 profit surges 50.23 percent

MUMBAI, May 14: Jammu & Kashmir Bank has posted a rise of 50.23 percent its net profit for the quarter ended March 31, 2012,...

BHEL bags Rs 380 cr order for gas-based plant in Rajasthan

NEW DELHI, May 14: State-owned BHEL today said it has bagged Rs 380 crore order for setting up a 160 MW gas- based plant...

Nakoda Q1 net up 35 pc at Rs 14.41 cr

NEW DELHI, May 14: Polyester filament yarn maker Nakoda today reported a 35.42 per cent rise in its net profit at Rs 14.41 crore...

South Asia, Latin America help push up engineering exports

NEW DELHI, May 14: Growing demand from South Asia and Latin America helped push up engineering exports, which grew 8.3 per cent in April...

Greece turmoils hit Asia FX, caution by cbanks contains slide

SINGAPORE, May 14: Most emerging Asian currencies slid on Monday as investors cut risky assets further after talks in Greece to form a new...

Trading group Li & Fung sees no orders impact from China slowdown

UNDATED, May 14: Consumer goods exporter Li & Fung Ltd , whose global distribution and trading centres make it a barometer of consumer sentiment,...

Dubai, Samsung Life Insurance plan alliance – FT

UNDATED, May 14: Dubai is planning to tie up with Samsung Life Insurance in a partnership to sell life insurance in the emerging markets,...

IMF cuts sub-Saharan Africa 2012 growth forecasts

JOHANNESBURG, May 14: Sub-Saharan Africa’s economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial distress and a...

Parliament turns 60

In a special function held in the Central Hall on Sunday last, the two houses met to mark 60th anniversary of the Parliament. Country's...