Rep. Frank: Banks aren't playing nice, Congress should move up enactment of credit card billOctober 8th, 2009 Frank says banks aren't playing niceWASHINGTON — Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: Start playing nice or Congress will make your life even more difficult.
Maharahtra consumers to pay nominally more for powerAugust 21st, 2009 MUMBAI - In a major relief to the consumers of the state-run power distribution company, the Mahashtra Electricity Regulatory Commission (MERC) Thursday approved a nominal 4.2 percent hike in power tariff as against the company's proposed raise of nearly 37 percent. The new rates of tariff will be effective Aug 1, according to an MERC order Thursday.
Reliance Infra barred from charging higher ratesJuly 15th, 2009 MUMBAI - The Maharashtra Electricity Regulatory Commission (MERC) Wednesday stayed its June order permitting Reliance Infrastructure to hike power tariff charges for various categories of domestic and commercial users. The order passed by MERC panel comprising chairman V.P.
Extension of stimulus package for print media till December 31July 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Monday said that the stimulus package given to the print media in February 2009 has been further extended for another six months from June 30 to December 31.
Presenting the Union Budget for the year 2009-10 in Lok Sabha on Monday, Mukherjee said: "In February 2009, the print media was given a stimulus package comprising waiver of 15 per cent agency commission on DAVP advertisements and a 10 per cent increase in the DAVP rates to be paid as a 'Special Relief' subject to documentary proof of loss of revenue in non-governmental advertisements." (ANI)
Tripura Left Front protests fuel price hikeJuly 2nd, 2009 AGARTALA - Tripura Chief Minister Manik Sarkar Thursday demanded that the central government immediately withdraw the hike in petrol and diesel prices while the ruling Communist Party of India-Marxist (CPI-M) announced mass demonstrations Friday to protest the hike. Petroleum Minister Murli Deora Wednesday announced a hike of Rs.4 per litre for petrol and of Rs.2 for diesel.
People react angrily as fuel price gets a steep hike all over IndiaJuly 2nd, 2009 NEW DELHI - Petrol and diesel prices rise by as much as 10 percent in India, on Wednesday, the first increase this year and one of the steepest ever. Petrol prices rose by four rupees a litre, while diesel rates were hiked by two rupees a litre.
Tripura Left Front to protest against fuel price hikeJuly 2nd, 2009 AGARTALA - The Tripura unit of the Communist Party of India-Marxist (CPI-M), the dominant partner of the ruling Left Front, will hold agitations across the state Friday to protest against the hike in fuel price. Petroleum Minister Murli Deora Wednesday announced a hike in petrol price by Rs.4 per litre and by Rs.2 per litre for diesel, attributing it to rise in global crude prices.
Withdraw fuel price hike: AchuthanandanJuly 1st, 2009 THIRUVANANTHAPURAM - Kerala Chief Minister V.S. Achuthanandan Wednesday demanded that the central government immediately withdraw the hike in petrol and diesel prices and provide relief to the common people.
SpiceJet raises fuel surcharge by Rs.400June 18th, 2009 MUMBAI - Low-cost carrier SpiceJet Thursday hiked its fuel surcharge by Rs.400 following a recent hike in aviation turbine fuel (ATF) rates. "We have increased fuel surcharge by Rs.400 on our flights with immediate effect," Samyukta Shreedharan, SpiceJet chief operating officer, told reporters here.
Minister hints at hiking coal pricesMay 29th, 2009 NEW DELHI - The government may hike coal prices marginally, Minister of State for Coal (Independent Charge) Sriprakash Jaiswal said here Friday. "Keeping in view the current economic situation, we can hike the price if required, but the hike will be marginal," Jaiswal told reporters after taking charge.
Delhi schools fee hike, an election issueApril 30th, 2009 NEW DELHI - Demanding subsidy in school fees, the Bharatiya Janata Party (BJP) staged a protest here against fee hike by private schools. A BJP delegation including senior leaders Vijay Kumar Malhotra and Vijay Goel met Delhi Chief Minister Sheila Dixit on Wednesday and demanded immediate roll back of the hike.
Delhi court grants relief to private schools on fee hikeApril 30th, 2009 NEW DELHI - Private schools in the capital Thursday got relief from the Delhi High Court as it stayed a Delhi government move to impose conditions on fee hike. A division bench of Justice A.K.
BJP leaders meet Dikshit, seek relief in school fee hikeApril 29th, 2009 NEW DELHI - A delegation of Bharatiya Janata Party (BJP) leaders Wednesday met Delhi Chief Minister Sheila Dikshit and demanded relief for parents from the recent hike in school fees. The delegation led by senior BJP leader Vijay Kumar Malhotra explained the issue to Dikshit.
School fee hike 'highly objectionable': Delhi High CourtMarch 25th, 2009 NEW DELHI - The Delhi High Court Wednesday said the fee hike by private unaided schools in the capital was 'highly objectionable', and sought a response from the city government on the issue. A division bench headed Chief Justice Ajit Prakash Shah and Justice Sanjeev Khanna asked the government to file its reply by April 29.
Government announces hike in media advertisement ratesFebruary 28th, 2009 NEW DELHI - The government Friday came to the rescue of the media industry reeling under the impact of economic recession by announcing a 10 percent hike in the advertisement rates issued by the directorate of audio visual publicity (DAVP). 'The downturn has impacted the Indian media industry also.
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