6 seconds ago
Budget pro-rich, pro-corporate: Assam CM

Guwahati, Feb 28 (IANS) Assam Chief Minister Tarun Gogol Saturday termed the union budget for 2015-16 pro-rich and pro-corporate, while regional political party Asom Gana Parishad (AGP) said it was a depressing one for Assam and the northeast. Industry bodies of the region, however, hailed the budget as a well-balanced one, taking care of the economy and at the same time emphasising on s...

43 seconds ago
Black money abroad? Be ready for jail, huge fines

New Delhi, Feb 28 (IANS) Finance Minister Arun Jaitley Saturday unveiled a slew of stringent steps to battle black money stashed abroad, including a new law that will entail rigorous imprisonment of up to 10 years and a penalty of 300 percent on its perpetrators. Those evading tax by sending money to foreign countries will not be allowed to approach the Settlement Commission too, Jaitley...

56 seconds ago
Bhutia hits out at East Bengal for sacking Colaco

Kolkata, Feb 28 (IANS) Former India skipper Bhaichung Bhutia Saturday criticised city football giants East Bengal for sacking Armando Colaco in the middle of their I-League campaign. Don't think it is fair to sack a coach after just six matches. That means the club officials made a wrong decision in picking the coach in the first place. One should have given some more time to Colaco, he ...

48 seconds ago
Nod for Odisha's Rs.101 crore investment plan

Bhubaneswar, Feb 28 (IANS) Odisha's State Level Single Window Clearance Authority (SLSWCA) Saturday approved a Rs.101 crore investment proposal in the state, an official said. The SLSWCA, in a meeting held under the chairmanship of state chief secretary Gokul Chandra Pati, gave nod to the proposal of Himadri Chemicals and Industries Ltd. to set up manufacturing of Coal Tar Pitch at Kengh...

38 seconds ago
66-year-old cinema shuts in Pakistan

Islamabad, Feb 28 (IANS) A 66-year-old cinema in Pakistan has shut down -- mainly due to declining clientele. The Taj Mahal cinema in Abbottabad city, built in 1948, was being dismantled after its owner recently sold the property, the Dawn reported Saturday. Mohammad Saeed Khan, who ran the cinema for the last four decades, said business was at full swing till 2010, providing ent...

15 seconds ago
Home ministry gets Rs.62,124 crore in budget

New Delhi, Feb 28 (IANS) The union home ministry was Saturday allocated Rs.62,124.52 crore in the budget for 2015-16, an increase of Rs.5,752.07 crore from that of the last fiscal. Finance Minister Arun Jaitley, while presenting the budget here in the Lok Sabha, said the central government was committed to the overall development of the country. Relief and rehabilitation of Jamm...

40 seconds ago
Chandrababu Naidu to meet Modi over 'injustice' to Andhra

Hyderabad, Feb 28 (IANS) Unhappy over the raw deal meted out to Andhra Pradesh in the union budget, Chief Minister N. Chandrababu Naidu Saturday decided to meet Prime Minister Narendra Modi to seek justice for his state reeling under the impact of bifurcation. Naidu, who is also president of the Telugu Desam Party (TDP), a partner in the National Democratic Alliance (NDA) government, tol...

12 seconds ago
Police planted false evidence, Uber cab driver tells court

New Delhi, Feb 28 (IANS) The Uber cab driver, accused of raping a woman executive he was ferrying, told a court here Saturday that the Delhi Police planted false evidence against him, while claiming there is dispute over identification of the car. Cab driver Shiv Kumar Yadav's counsel told Additional Sessions Judge Kaveri Baweja that there were two cars and police has seized a different ...

56 seconds ago
Kolkata Open: Moldovian Radu Albot wins singles title

Kolkata, Feb 28 (IANS) Moldovian sixth seed Radu Albot trounced top ranked James Duckworth of Australia 7-6, 6-1 to lift the Men's Singles title at the Emami Open ATP Challenger at the Bengal Tennis Association complex here Saturday. After a strong start, Radu committed a number of baseline errors and double faults that pushed the first set to the tie-break. But the 23 year old played we...

54 seconds ago
Budget will widen income, wealth inequalities: CPI-M

New Delhi, Feb 28 (IANS) The CPI-M Saturday denounced the union budget as pro-rich and said it will only widen the already large income and wealth inequalities in the country. This budget, while providing a rich bonanza for the rich - foreign and domestic corporates - ensures further widening of the already large income and wealth inequalities, it said in a statement. So much fo...

1 second ago
Jaitley proposes courts for quick resolution of commercial disputes

New Delhi, Feb 28 (IANS) Finance Minister Arun Jaitley Saturday said the government proposes to set up exclusive commercial courts including in various high courts for the quick resolution of commercial disputes. Announcing the measure in his budget speech for 2015-16, he said that government would consult all the stakeholders before bringing a bill in parliament for setting up court to ...

7 seconds ago
Bengal's industries commend union budget 2015

Kolkata, Feb 28 (IANS) Industry associations and businessmen in West Bengal gave the thumbs-up to Finance Minister Arun Jaitley for an industry-friendly budget, especially for reducing corporate tax and his government's special focus on the east zone. The budget seeks to provide an environment that attracts investment in industry and propels economic growth, T.V. Narendran, managing dire...

4 seconds ago
Man who spearheaded Garoland demand dead

Shillong, Feb 28 (IANS) Garo National Council (GNC) legislator Clifford R. Marak, who spearheaded the political movement for creation of a separate Garoland state in Meghalaya, died Saturday at a hospital in Assam, hospital officials said. He was 68. Marak was undergoing treatment for liver and kidney disease at the International Hospital in Guwahati, hospital sources said. Marak was lat...

50 seconds ago
Budget allocation for AIIMS cut marginally

New Delhi, Feb 28 (IANS) The allocation for the All India Institute of Medical Sciences (AIIMS) here witnessed a marginal drop in the budget for 2015-16 presented by Finance Minister Arun Jaitley Saturday. Overall, India's health budget has been cut by 5.7 percent percent as Jaitley allocated Rs.33,152 crore against last fiscal's Rs.35,163 crores, with a special focus on AYUSH and settin...

9 seconds ago
Budget fails to address IT industry issues: Nasscom

Bengaluru, Feb 28 (IANS) The union budget for 2015-16 failed to address key issues of the IT industry while allotting Rs.1,000 crore for incubating technology start-ups, its trade body said Saturday. The budget does not address some key issues like section 56 for angel tax, dual levy of taxes on products, service tax refunds and clarity on transfer pricing, Nasscom president R. Chandrash...

44 seconds ago
It's a visionary budget: Goa CM

Panaji, Feb 28 (IANS) Goa Chief Minister Laxmikant Parsekar Saturday described the budget for 2015-16 as visionary, especially lauding the move to extend the Visa on Arrival (voa) facility to 150 countries. It is a visionary budget which has something for everyone, the chief minister said while reacting to the budget presented by Finance Minister Arun Jaitley in Lok Sabha. Parsek...

44 seconds ago
'Bhagwat's Mother Teresa comment to justify forced reconversion'

Kolkata, Feb 28 (IANS) Condemning RSS chief Mohan Bhagwat's comment on Mother Teresa, a forum of minorities organisations in West Bengal Saturday said the leader's malicious allegations against the Noble laureate were either the result of his gross ignorance or a well-calculated sinister agenda to justify forced reconversions. Bhagwat, while addressing a function of an NGO near Bharatpur...

35 seconds ago
Jaitley give big boost to life, health and pension sectors

Chennai, Feb 28 (IANS) Union Finance Minister Arun Jaitley Saturday gave a big fillip to the insurance, pension sectors by proposing to net large masses of people under the proposed insurance and pension schemes. Presenting the budget for 2015-16, Jaitley said: Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana, I propose to work towards creating a universal social security ...

15 seconds ago
Jaishankar begins SAARC yatra Sunday with Bhutan

New Delhi, Feb 28 (IANS) Indian Foreign Secretary S. Jaishankar begins his 'yatra' of four SAARC countries from Sunday, with Bhutan as the first stop, in a major push to the Indian government's neighbourhood outreach. Jaishankar, who took over Jan 28, travels to Bangladesh March 2, Pakistan March 3 and Afghanistan the following day. His schedule to the rest of the South Asian Ass...

21 seconds ago
Health budget dips by 5.7 percent, AYUSH gets major chunk

New Delhi, Feb 28 (IANS) The Indian health budget Saturday saw a dip of 5.7 percent with the Narendra Modi government Saturday announcing an outlay of Rs.33,152 crore for the sector, giving special emphasis to the promotion and development of AYUSH, the country's traditional methods of medicines. The ministry of ayurveda, yoga and naturopathy, unani, siddha and homeopathy (AYUSH) was all...

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