The Kashmir valley has 24,000 hotel rooms. On Residency Road of Srinagar, just four rooms in Ahdoo's Hotel are occupied. "This is the peak tourist season. In May and early July, we had full occupancy, and even had to refuse new bookings. Suddenly, everything changed," says its manager. A veteran taxi driver says the Grand Hotel, on the opposite side, hasn't had a single guest over the past few days.
Prime Minister Manmohan Singh, while being enumerated for Census 2011 last week, said the data from this massive exercise would be a treasure house of information to help the government plan development work.
Senior railway officials feel this interest of the international community came after Banerjee unveiled policies to seek private investment in rail projects.
The Manmohan Singh government may have to take a legislative holiday on at least controversial issues till the next Budget session. Or it needs to get a lot more creative on coalition building. The reason is that the ruling United Progressive Alliance does not have a majority in the Rajya Sabha, and has to depend on an unpredictable opposition for help in passing Bills. In the Lok Sabha, although it is larger, it can face some unpleasant surprises.
The Direct Taxes Code 2009 is now on the back burner. The Union finance ministry has veered round to the view that its bold move to reform direct taxes should be subjected to further scrutiny. Contrary to earlier expectations, therefore, the Direct Taxes Code 2009 will not be presented to Parliament as a Bill along with the Union Budget for 20010-11on February 26.
Though the terms of reference of the committee to look into the creation of a Telangana state may come in the next few days, the Congress is worried about the 'political' price it may have to pay for moving too fast on the statehood issue.
In the turf war between the battered Communist Party of India-Marxist and its arch rival, Trinamool Congress, veteran Congressman and Union Finance Minister Pranab Mukherjee has found a new place of prominence.
Over the next month, Prime Minister Manmohan Singh is expected to review the performance of his ministerial colleagues in their first six months in office. This review exercise could be a precursor to a Cabinet reshuffle, the first since the United Progressive Alliance (UPA) government entered its second term in office.
Despite the economic slowdown impacting Bollywood's film business this year, the DAR Capital Group is betting big on the media and entertainment domain.
Jyoti Basu, the 95-year-old communist, has lost touch with many of his comrades. But this morning the former chief minister of West Bengal did not forget to call his favourite Congressman to say, "Happy Birthday!"
SIS Live will bring in its own resources from Britain (around 500 people and specialised equipment) who have prior experience of producing the 'live' television coverage for similar sporting events in HDTV.
Asking for transparency in functioning, leading broadcasters like Zee TV, STAR, Sony and others have taken a strong objection to a proposed move by the ministry of human resource development to amend the existing Copyright Act without consulting the them.
New technology allows access to webpages without internet.
Haryana govt to impose licence-raj for cable TV
The Foreign Investment Promotion Board has pulled up the department of revenue for rejecting all foreign direct investment proposals in which funds are routed through Mauritius and said it has taken a conscious policy decision to overrule such objections.
With trading hours at stock exchanges set to be extended by two-and-a-half hours, the half a dozen business news channels together will get 20 percent more advertising inventory to sell, possibly resulting in an overall increase of ad revenue by 8-10 percent on an annual basis, say media agencies.
Data from TAM, the audience measurement agency, show that in the recently concluded ICC Champions Trophy, the India matches had average ratings of 6.2, compared to 1.3 for the non-India matches. The average event ratings for India-Australia (6.6), India-England (4.8) or India-Sri Lanka ODIs (4.6) on Neo Sports were higher compared to the average event ratings of IPL-2 (4.17), ICC Champions Trophy (2.3) or Champions League (1.2 for games played between October 8-10).
The Ministry of Information and Broadcasting is planning to put stringent entry-level restrictions on broadcasters launching new television channels. The move is to ensure only serious players enter the business and have effective utilisation of the limited bandwidth available for broadcasting.
With no solution emerging in the legal battle between music companies and private FM radio operators over royalty rates, many of the 37 private FM radio companies have threatened to shut shop soon, restricting choices for over 200 million FM radio listeners to All India Radio channels.
Sports broadcaster ESPN India has managed to lure over a dozen advertisers for the Airtel Twenty20 Champions League, who could spend as much as Rs 270 crore (Rs 2.7 billion).