7 August 2013

MANGALORE: ONGC, and Mangalore Refinery and Petrochemicals Limited (MRPL) a subsidiary of ONGC have signed a crude oil sale agreement. This is significant for both ONGC and MRPL as it is a first and also due to parent- subsidiary relationship. The manner in which COSA was worked out cements strict corporate governance practiced by ONGC as it was closed at 'arms length' and on par with regulations applicable to OMCs.

7 August 2013

Chief Economic Adviser Raghuram Govind Rajan was on Tuesday appointed as Governor of the Reserve Bank of India (RBI) for three years. He will take over from D. Subbarao who demits office on September 4.

6 August 2013

NEW DELHI: National pharmaceutical pricing policy to fix the ceiling price of essential medicines came under judicial scrutiny with the Supreme Court today seeking explanation from the Centre for fixing it on the basis of market rates. 

9 August 2013

PRETORIA: Indian batsmen failed to hold their nerves during slog overs as they lost to Australia A by seven runs in an exciting opening encounter of the Tri-Series tournament between 'A' teams here today.

7  August 2013

CHENNAI: The new international terminal at Chennai airport will open to passengers with 10 flights of four airlines scheduled to use thefacility on Wednesday .

6 August 2013

WASHINGTON: Nearly 6.5 lakh people in the US speak Hindi, while over 8 lakh people speak various regional Indian languages, a Census report on languages released today shows.

6 August 2013

NEW DELHI: The draft of Delhi Lifts and Escalators Bill, 2013, has been approved. The Bill not only promises a stringent monitoring mechanism and penalties for violators, but for the first time proposes to bring lifts, escalators, pathways, runways and travelators under the gamut of law.

6 August 2013

NEW DELHI: Air Commodore (retired) Jasjit Singh, one of India's foremost strategic thinkers, passed away here on Sunday. The 79-year-old had been hospitalized because of pneumonia. 

5 August 2013

NEW DELHI: Jalaj Srivastava, a 1984 batch IAS officer, today took oath of office as chairman of New Delhi Municipal Corporation ( NDMC) along with four other nominated members.

5 August 2013

LONDON: Scientists on Monday unveiled the world's first lab-grown beef burger, serving it up to volunteers in London in what they hope is the start of a food revolution. 

4 August 2013

Indian girls created history by winning country’s first ever bronze medal in the junior women hockey World Cup as they pipped England 3-2 penalties, riding on striker Rani’s dazzling show, here on Sunday.

5 August 2013

BRUSSELS: European Union competition authorities gave their approval Monday, following US bankruptcy backing in February, for the merger of American Airlines and US Airways, which will create the world's largest airline. 

6 August 2013

PARIS (France): Tennis stars dominated the list of the world's 10 best-paid female athletes, Forbes magazine said on Tuesday, but highlighted the yawning earnings gap with their male counterparts in most sports.

2 August 2013

THIRUMAYAM (TN): Prime Minister Manmohan Singh on Friday dedicated two projects of PSU BHEL in this town at Puthukottai district.

1 August 2013

NEW DELHI: Ignoring concerns raised by civil rights activists the Union Cabinet on Thursday gave its nod for amending the Right to Information (RTI) Act to exclude political parties from its purview. The bill will be placed before the monsoon session starting August 5.