Popular Articles

GIC Housing Finance to disburse Rs 750-cr housing loans
With demand for real estate picking up, General Insurance Corporation of India (GIC) Housing Finance is targetting disbursal of Rs 750 crore housing loans this year, a top official of the institution has said.

GM India unravels Chevrolet Cruze
US car maker General Motors today launched its luxury sedan Chevrolet Cruze in India at an introductory price ranging from Rs 10.99 lakh to Rs 12.45 lakh (ex-showroom, Delhi).

News of the day

RIL's Jamnagar refineries to buy Cairn crude
Cairn India, which started pumping crude oil from its Mangala field in Barmer (Rajasthan) this August, has entered into an agreement with Reliance Industries Ltd (RIL) for supplying it to the latter’s Jamnagar refineries. Cairn is likely to supply seven consignments of 200,000 barrels each to RIL during the current financial year, said an informed source. The first consignment will reach Jamnagar by end-November. The company had sold its first cargo of 208,000 barrels to Mangalore Refinery and Petrochemicals last month and it will deliver two more cargoes this month.
International Business

China threatens to ban import of Indian seafood

Beijing has threatened to ban import of seafood and other food products from India if New Delhi continues to restrict import of milk products from China, the government informed the Lok Sabha today. - Railways form panel to identify PPP projects - Arun Maira now a Plan panel member - Preferential shares for BSNL staff on anvil - Road repair gets service tax waiver - Ryanair to top Air France, Lufthansa on extra routes - "Interest rates will continue to remain the same" “The Chinese side ... said that if India insists on this decision (to ban import of milk and milk products, including chocolate and chocolate products), China will respond to the safety and quality issues for imported products from India,” the Minister of State for Commerce and Industry, Jyotiraditya Scindia, said in a written reply. In a response to the extension of ban on milk and milk products, including chocolate exported by China to India till December 24, the General Administration of Quality Supervision, Inspection and Quarantine of China had conveyed that it had encountered food safety problems in imported food products from India, including seafood products. China, however, has not imposed a ban on import of the food products, Scindia said. The government has conveyed to the neighbouring country that India has taken note of their concerns. China has been also told that the decision to extend the ban till December 24 was taken after due consultation with authorities concerned and experts in the dairy industry. “The government of India is in touch with the Chinese government through our Embassy in Beijing to discuss such trade related issues,” Scindia said.


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