The world is becoming a shopping centre: Jeffrey Archer
byNew Delhi (IANS) India remains an inspiration for acclaimed British novelist and short story writer Jeffrey Archer with its “manic pace, more than 50…
Economy
India-US economic ties to grow stronger: Indian envoy
byWashington (IANS) Indian ambassador Nirupama Rao has expressed her “firm view” that India-US economic relationship would only become stronger over time despite concerns of businesses…
Himachal state public sector investments erode, losses mount
byShimla: Himachal’s investment of Rs 2022.5 Cr in 22 state public sector undertakings (SPSU), stands all eroded as the cumulative losses of these state…
Himachal court stalls changes in Kangra Coop Bank elected board
byShimla: The Himachal Pradesh High Court has restrained the board of Kangra Central Cooperative Bank to make any changes in the election of office…
Himachal’s surplus budget makes provision for unemployment allowance
byShimla: By raising Rs 4068 Cr loans, which includes market borrowings of about Rs 2400 Cr, Chief Minister Virbhadra Singh presented an Rs 123.81…
Xi takes charge of China
byBeijing (IANS) Xi Jinping today became president of China, the world’s most populous and one of the most economically powerful nations, completing a once-in-a-decade crucial…
Three top private banks accused of money laundering
byNew Delhi (IANS) Three top private banks have been accused of running a nationwide money laundering racket by an investigative news website and production house,…
Has Himachal’s fiscal self sufficiency come of age ?
byHimachal Pradesh Fiscal Responsibility and Budget Management (FRBM) Act was adopted in the year 2005 in consequence of the recommendations of the Twelfth Finance…
Growth in Himachal slows down to 6.2 percent
byGrowth has been effected because of a drop in electricity generation, fewer construction activities and a slowdown in the community and personal service sector.
Virbhadra presents Rs 870.16 Cr supplementary budget
byShimla: Chief minister Virbhadra Singh who is also the finance minister presented a Rs 870.16 Cr supplementary budget for 2012-13, which included Rs 355.93…