The decision was taken in the meeting of the Board of Approval headed by Commerce Secretary Rajeev Kher on September 18.
Chat with the talented actress on Rediff ZaraBol Chat at 4 pm on Tuesday, June 26.
India on Wednesday abstained from voting while Russia and China vetoed a United Nations Security Council resolution that threatened action against Syria if it didn't immediately halt a deadly crackdown on anti-regime protesters. Russia and China, both permanent members of the Security Council, vetoed the European-backed resolution, killing the draft. Apart from India, countries that abstained from voting were Brazil, Lebanon and South Africa.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds
Trade analyst Vinod Mirani gives us the box office verdict for the week.
The United States army has charged eight of its soldiers in connection with the death of their fellow soldier Danny Chen, who had shot himself during his deployment in Afghanistan after apparently being subjected to repeated racial harassment and abuse by them.
Premier league Leaders Manchester City piled the pressure on Manchester United with a 2-0 victory over Bolton Wanderers on Saturday to move five points clear of their neighbours.
According to sources familiar with the developments, the bank may sell more than Rs 3,000-crore (Rs 30-billion) worth of retail assets in India comprising mortgage loans, personal loans and loans to small businesses.
They want govt to raise excise duty and service tax rates, cut subsidies.
Amid repeated ceasefire violations along the international border, the border guards of India and Pakistan on Tuesday held a flag meeting at a forward border outpost in Jammu sector.
Rating agencies on Wednesday warned against more exposure to debt-ridden Kingfisher Airlines, saying more debt may hit banks' credit profiles and add to the burden of provisions.
A recent ProPublica investigation termed Pakistani-American Lashkar-e-Tayiba operative and 26/11 accused David Coleman Headley as a double agent working for both the American Central Intelligence Agency and the Pakistani Inter Services Intelligence.
A diplomatic row between India and Italy flared up on Thursday with the Italian Ambassador being summoned and a strong protest lodged over the killing of two fishermen by security guards of an Italian merchant ship off the Kerala coast.
Stepping up ceasefire violations, Pakistani Rangers on Friday night resorted to heavy mortar shelling and firing on 8 BSF posts along the Indo-Pak border in Samba and Kathua districts of Jammu and Kashmir, forcing a strong retaliation from the Indian side.
Assistant Director of Fisheries, Veeran, said the Lankan Navy had informed them through the Coast Guard that the fishermen had landed there by accident on Sunday, and they were to be released on Monday after being found innocent.
In the run-up to Prime Minister Manmohan Singh's visit to Bangladesh, Home Minister P Chidambaram is flying to Dhaka to finalise an agreement relating to boundary demarcation and enclaves adversely held by the two countries.
Former European champions Steaua Bucharest and English Premier League Southampton suffered shock defeats by Scandinavian teams in Europa League qualifiers on Thursday.
When the Indian Mujahideen first made its appearance on the Indian stage in early 2008, the Delhi police came hunting for leads in the coastal town of Udupi in Karnataka. And they did go back with some clues. Vicky Nanjappa reports
SBI announced a 0.40 per cent cut in lending rate to 9.30 per cent, which is the most competitive in the market at present.
To strengthen its capabilities in Ladakh along the borders with China and Pakistan, Indian Air Force is going to upgrade its airfields at Kargil and Nyoma for fighter and heavy transport aircraft operations. "Defence ministry has given its clearance for expanding Nyoma airbase, the proposal is awaiting clearance from Cabinet Committee on Security," IAF Chief Air Chief Marshal N A K Browne said in New Delhi on Monday.
Twenty-six-year-old Lieutenant Sushil Khajuria was part of the team that was scrambled to take on terrorists who were trying to infiltrate the Indian territory from across the border.
The ITAT is mulling e-courts, or simply hearing of cases through webcast, to clear the backlog of cases in smaller towns.
Zhou Yongkang, one of China's top leaders in the previous Hu Jintao's regime, has been charged with trading power for sex, adultery and leaking state secrets.
The battle for a separate state is expected to get uglier in Andhra Pradesh with pro-Telangana activists planning a power shutdown in Hyderabad next week. The Telangana Rastriya Samithi, which is leading the agitation, has been meeting with electricity board officials to plan the shutdown. There will be a power cut in Hyderabad next week onwards. This is one of the many protests before a rail roko movement starts from September 24.
S M Mushrif says, in this brief interaction with rediff.com, that he would not allow the issue of Karkare's death to die down unless and until the matter is probed.
A key suspect in this week's blast in Delhi was arrested in Ghaziabad, during a joint operation carried out by the Delhi police and Uttar Pradesh Anti-Terrorist Squad, Friday.
Panel has recommended that banks give an option to open a plain savings account, without mandating a minimum balance.
Barcelona and AC Milan can effectively seal their expected places in the Champions League knockout stage with three games remaining when they play rank outsiders Viktoria Plzen and BATE Borisov respectively in their Group H matches on Wednesday.
Midfielder Kim Bo-kyung scored twice as South Korea strolled to a 3-0 victory over Lebanon in Goyang on Tuesday to make it two wins from two in the fourth round of World Cup qualifiers.
The police have sought details of transactions undertaken by Citibank fraud mastermind Shivraj Puri from premier bourse National Stock Exchange.
Advani's rath, a bus specifically modified by ace automobile designer Dilip Chhabaria, was flagged off by Bihar Chief Minister Nitish Kumar from Chhapra on Tuesday. But only 80 km into the journey, the bus developed a technical fault at Hazipur.
The move to legitimise the occupants of pre-1995 slum homes till the year 2000 is welcome, but incomplete in managing the issue of Mumbai's slums. It is once again, a patchy effort, not fully thought through, says Mahesh Vijapurkar.
Former European champions Red Star Belgrade, Ajax Amsterdam and Celtic all made it comfortably through to the third qualifying round of the Champions League on Wednesday after surviving away legs.
A meeting of the Board of Trade, an advisory body to the Commerce Ministry, is likely to be held on October 11, a ministry official said.
India's services exports in December stood at $12.87 billion, slightly higher from a month earlier, according to the Reserve Bank data released.
Indian companies have had a dismal last quarter, as is evident from their September quarter results. The slowdown seems to have alarmed companies enough to begin cutting corners.
Cabinet nod not required after commerce ministry approval.
The decision regarding this was taken by the Board of Approval in its meeting on September 18.
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