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RBI to lower ceiling on bank loans to a single corporate group
Fri, Aug 22 2014. 04 06 PM

RBI to lower ceiling on bank loans to a single corporate group

Currently, banks are allowed to lend up to 40% of their core capital. The ceiling may rise to 55% including infrastructure loans and ‘exceptional circumstances’
India to hike iron ore royalty, miners may struggle to pass on extra cost
Fri, Aug 22 2014. 02 39 PM

India to hike iron ore royalty, miners may struggle to pass on extra cost

The royalty on iron ore would increase to 15% from 10%, which would lift the cost for miners by Rs150 to Rs250 per tonne
China hopes WTO can ‘resolve differences’ and sign deal
Mon, Aug 18 2014. 04 29 PM

China hopes WTO can ‘resolve differences’ and sign deal

China believes failure to reach an agreement by WTO members on simplifying global custom rules could damage multilateral trade
England crush India in final Test, win series 3-1
Sun, Aug 17 2014. 09 12 PM

England crush India in final Test, win series 3-1

India were bowled out for 94 enabling England to post an innings and 244 runs victory at The Oval
China’s Xi calls for a political solution to ease Ukraine crisis - Xinhua
Sat, Aug 16 2014. 04 53 PM

China’s Xi calls for a political solution to ease Ukraine crisis - Xinhua

Efforts should be made to ease the tense situation and avoid acceleration of confrontations and conflicts in an alternative way, says Xi Jinping
China to audit government land income in corruption fight - paper
Sat, Aug 16 2014. 03 14 PM

China to audit government land income in corruption fight - paper

The audit will conduct rigorous checks on funds from land sales, land requisition, reserve and supply that occurred from 2008 to 2013
Govt to raise import duty on sugar if mills clear cane dues
Fri, Aug 15 2014. 12 29 AM

Govt to raise import duty on sugar if mills clear cane dues

Ram Vilas Paswan says he is taking initiatives to help end the impasse, but he want mills to clear cane arrears
Third person dies of Ebola fever in Nigeria
Wed, Aug 13 2014. 01 30 PM

Third person dies of Ebola fever in Nigeria

Jatto Asihu Abdulqudir, who was travelling with Liberian Patrick Sawyer, who brought Ebola to Nigeria last month, died of the fever
Judge rejects $324.5 million settlement over Apple, Google hiring
Mon, Aug 11 2014. 11 21 AM

Judge rejects $324.5 million settlement over Apple, Google hiring

The lawsuit by tech workers, accused companies Google, Apple, Intel and Adobe of conspiring to avoid poaching
Jakarta set to be named 2018 Asian Games hosts
Mon, Aug 11 2014. 11 21 AM

Jakarta set to be named 2018 Asian Games hosts

OCA is confident that Indonesia and Jakarta can deliver a wonderful and clean Asian Games in 2018, says Wei Jizhong

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