Cuba to expand lodging capacity to boost tourism
byHavana, May 8 (IANS) Cuba’s tourism industry plans to expand its lodging capacity to upwards of 85,000 rooms by 2020, Tourism Minister Manuel Marrero…
Business
State Bank of Hyderabad to continue as independent bank
byHyderabad, May 8 (IANS) State Bank of Hyderabad (SBH) Wednesday said it is not considering merger with the State Bank of India (SBI) and…
Amid border tensions, Chinese dig tunnel for Delhi Metro line
byNew Delhi, May 8 (IANS) Amid the media brouhaha in India over the border incursions by their troops, Chinese engineers were last week calmly…
HDFC profit rises 17 percent in January-March quarter
byMumbai, May 8 (IANS) India’s largest mortgage lender Housing Development Finance Corporation (HDFC) Wednesday said its net profit increased 17.27 percent to Rs.1,555.21 crore…
Pune and Pimpri-Chinchwad traders on indefinite strike against new tax
byPune, May 8 (IANS) Retail markets in Pune and Pimpri-Chinchwad remained closed Wednesday after more than 30,000 retailers the two cities in western Maharashtra…
Government approves $3.24 billion for DMIC project
byNew Delhi, May 8 (IANS) The government has approved Rs.17,500 crore ($3.24 billion) for the Delhi-Mumbai Industrial Corridor (DMIC) project, which is estimated to…
South Korea’s money supply continues to grow
bySeoul, May 8 (IANS) South Korea’s money supply has continued to grow amid the central bank’s accommodative monetary policy, data showed Wednesday. The country’s…
Audi pushing cheap Q3 in Goa to counter slump
byPanaji, May 8 (IANS) The economic slump caused by the mining ban in Goa has forced Audi to change tack as far as sales…
Another record tourist season for Kashmir this year? Locals pray
bySrinagar: As the temperatures rise in the plains so do the tourist arrivals in Kashmir, with people associated with the industry praying for another record…
GM to build factory in China
byChicago, May 8 (IANS) General Motors has been given green light by China to build a $1.3 billion factory in Shanghai, the automaker said….