States will have to cough up half the cost to run the UPA government's flagship education programme, Sarva Siksha Abhiyan (SSA). The Centre is set to cut its assistance to the programme in Budget 2007-08.
Coal India Ltd has launched an e-booking scheme that will enable it to sell coal at premiums of 20-30% over the notified prices, even as its lucrative e-auction system stayed closed for the second month following a Supreme Court order.
Real estate major DLF on Wednesday filed a revised DRHP with the Sebi, offering just 17.5 crore shares of Rs 2 each to the public, 20% lower than the 21.9 crore shares it offered in the previous DRHP filed in
The Sensex closed above the 14,000-mark for the first time ever on Wednesday. The benchmark index had only breached the figure in intra-day trades in the past.
The $730-million acquisition of Korea's Daewoo Electronics by a Videocon-led consortium has run into trouble, with creditors to the deal, including Korea Asset Ma-nagement Corp and Woori Bank, describing the consortium's terms as "unacceptable".
Resolving the long-drawn controversy, the Centre and states on Wednesday agreed to phase out central sales tax over the next four years. The process will begin next fiscal-a year after its scheduled start.
In an unfortunate turn of events, the famous and quirky icon of fashion's jet set, Blow, has been recuperating in a small hospital in north Goa after another bout of depressive behaviour.
Hours after the Union Ministry of Women and Child Development announced a probe into the Noida serial killings, the Mulayam Singh Yadav government dismissed six police personnel and suspended three senior officers.
Confusion surrounds what British tourist Stephen Bennett was up to early on the morning of December 10 in Malsai village in Roha that ended in his murder.
Cutting through diplomatic red tape, Corporate India is all set to forge a private-public partnership with Kathmandu on a power project that will link India's national electricity grid with Nepal's via the backward Terai region.
On December 17, a police team drove into Pipalia village in Uttaranchal and asked for Nand Lal. And after half-an-hour, the team drove back, having convinced the village that Lal
Activists working for Bhopal gas tragedy victims threatened to boycott Tata products, accusing the group of offering to 'clear the path' of US company Dow Chemicals' investments in the Union Carbide factory in Bhopal.
The BJP stepped up its attack on Uttar Pradesh Chief Minister Mulayam Singh Yadav over the Nithari killings seeking his immediate resignation and accusing him of inaction.
Seeking reverse brain drain, PM Manmohan Singh suggested tapping the vast pool of knowledge among Indian scientific community abroad and introduction of international peer review in research laboratories.
Dubbing it a matter of 'terrible shame' for the nation, Congress stepped up pressure on the Mulayam Singh govt for CBI inquiry into the serial killing of children in Noida.
In the first public reaction by the BJP on Saddam Hussein's execution, M Venkaiah Naidu described as 'wrong' the way the former Iraqi President's hanging was handled but said he was not completely innocent.