Moneycontrol Current Affairs

Ranvir Sena chief killed, Bihar on high alert

Fri, 01 Jun 2012 19:44:31 +0530

A high alert has been sounded across Bihar following the murder of Ranvir Sena chief Brahmeshwar Singh on Friday morning. Eight companies of police personnel have been deployed and curfew was clamped in Arrah to control the law and order.

No action on demands till AI pilots get to work: Ajit Singh

Fri, 01 Jun 2012 19:36:01 +0530

In a clear message to the striking Air India pilots, civil aviation minister Ajit Singh on Friday said that no initiative would be taken to meet their demands until they returned to work unconditionally.

Coal min against grant of alternate mines

Fri, 01 Jun 2012 19:09:50 +0530

Amid controversies shrouding the allocationof coal blocks, the coal ministry has said it is not in favour of framing any policy for allotment of alternate mines at present as it may result in huge demand by firms at a time when there is paucity of blocks.

Coal-blocks allocation: CBI registers preliminary enquiry

Fri, 01 Jun 2012 19:00:43 +0530

The Central Bureau of Investigation (CBI) on Friday registered a preliminary enquiry into the coal block allocation. This comes a day after the Central Vigilance Commission (CVC) referred the allocation between 2006 and 2009 for a CBI probe.

Monsoon to hit Kerala by June 5; no concern on sowing: Met

Fri, 01 Jun 2012 18:39:46 +0530

The southwest monsoon, the lifline of Indian agriculture, is most likely to hit Kerala by June 5 and there is no room for concern over sowing of kharif (summer) crops like paddy and pulses, a top meteorological official said on Friday.

Modi stays away from Advani, meets Vajpayee

Fri, 01 Jun 2012 18:26:10 +0530

Gujarat Chief Minister Narendra Modi met former prime minister Atal Bihari Vajpayee in New Delhi on Friday amidst reports of growing rift within the top Bharatiya Janata Party leadership.

Retail, aviation FDI dream still on: Anand Sharma

Fri, 01 Jun 2012 18:10:14 +0530

The government is trying to push through FDI reforms in the retail and aviation space. In an interview with CNBC-TV18, Commerce Minister, Anand Sharma, said the issue of FDI in civil aviation is under consideration.

Bharat bandh: At Rs 300 crore, Mumbai is the biggest loser

Fri, 01 Jun 2012 18:04:12 +0530

The nation-wide bandh called by the NDA on Thursday crippled the commercial capital of the country, causing it to incur losses worth Rs 270-300 crore.

CBI will give a clean chit to PM: Kejriwal

Fri, 01 Jun 2012 17:56:17 +0530

A day after the Chief Vigilance Commission referred that coal block allocation between 2006 and 2009, which has put in question the role of Prime Minister Manmohan Singh, for a Central Bureau of Investigation probe, Team Anna hit out at the government saying the outcome of the investigation was already known.

Air India staff integration to start in 45 days: Ajit

Fri, 01 Jun 2012 15:00:07 +0530

Five years after merger of two state-run airlines, government today announced that implementation of uniform structures for pay, allowances and career progression for Air India employees would start in 45 days, saying it was necessary if the airline is to survive.

MP govt not to reduce more VAT on petrol

Fri, 01 Jun 2012 15:00:06 +0530

Madhya Pradesh Chief Minister Shivraj Singh Chouhan today said his government would not reduce VAT on petrol any further.

Railways earnings below target in April

Fri, 01 Jun 2012 14:27:03 +0530

Despite the 20% hike in freight charges and a partial increase in passenger fares, railway earnings have fallen short by Rs 815.38 crore against the target of Rs 10,268.22 crore in April this year.

All eyes on oil firms; will petrol prices be cut?

Fri, 01 Jun 2012 08:46:38 +0530

Petrol prices may be revised on Friday with companies talking about a scope of cutting rates by Rs 1.50-1.60 a litre. BPCL CMD RK Singh said on Thursday that prices could be cut by Rs 1.5 to 2 a litre if there is a drop in international crude prices.

CVC probe in coal allocation a positive step: BJP

Thu, 31 May 2012 22:44:50 +0530

Several companies are set to face CBI heat after the CVC refers BJP leader Prakash Javdekar's complaint to the agency for a probe.

PSUs to cut jet fuel prices by 2% on Friday

Thu, 31 May 2012 21:36:15 +0530

State-owned oil companies today cut jet fuel prices by 2%, the fourth straight reduction in rates since April.