EGoM on drought to meet today
new Delhi: An Empowered Group of Ministers on drought is scheduled to meet on Tuesday for deciding on relief measures to tackle drought-like situation in some states.
San Jose: Observers and lawyers packed a California courtroom Monday as the blockbuster patent trial got underway involving Apple and Samsung.
Food price volatility a matter of concern: WB
washington: The World Bank President,Jim Yong Kim has expressed concern over food price volatility globally as a result of drought-like situation in US,India.
US should ease rules for LNG exports: GAIL
new delhi: Close on the heels of sewing nations first gas import deal from the US,GAIL India has said Washington should relax rules so that it can buy more gas.
Air India to launch gift coupons on Rakhi
Chandigarh: Air India is set to launch e-gift coupons which can be redeem for tickets to domestic destinations.
Ravneet Gill new CEO Deutsche India
mumbai: Deutsche Bank has elevated Ravneet Gill as the country CEO of its operations after his predecessor Gunit Chadha moved to a larger management role in June.
Swiss co pips AB Groups Northern Iron bid
sydney: Australias Northern Iron has received a bid of AUD 525 million from a Prominvest AG,countering Aditya Birlas AUD 518 million offer.
Euro crisis: Germany,US stress cooperation
Berlin: US Treasury Secretary Timothy Geithner and his German counterpart Wolfgang Schaeuble stressed the need for coordinated action in the face of the euro zone debt crisis and faltering global growth.
UK seeks urgent Libor reform
London: Britain is seeking urgent reform of the key interest rate rigged by a number of banks,including Barclays,in a scandal that is threatening to seriously damage Londons reputation as a financial centre.
The UK government on Monday set terms for a review of Libor,to be carried out by regulator Martin Wheatley in time for recommendations to be included in a draft law making its way through parliament.