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  • What German Football Has Done Right

    13 July, 2014 1:19 PM 7

    (Anush Kapadia is a lecturer on political economy at City University in London) The rise of German football is popularly seen as the inevitable result of the brutally-efficient Teutonic machine doing what it does best. Not only is this racial typing harmful in all kinds of ways, it is, like most typing, simply wrong. The resurrection of German football

  • 10% Duty on Telecom Products Will Add to Capex Burden by Rs 1,000 Crore: COAI

    13 July, 2014 1:17 PM 8

    Industry body COAI has said that 10 per cent duty imposed on telecom products that fall outside the WTO pact will result in added capex burden of Rs 1,000 crore, while appreciating budget proposals like setting up of National Rural Internet and Technology Mission. "Levy of this 10 per cent duty will also result in an added capex burden on the GSM industry

  • VSE Fails to Submit Exit Application, Writes to Sebi

    13 July, 2014 1:08 PM 2

    Failing to meet the deadline set by the Sebi to submit exit application on the voluntary closure of the Vadodara Stock Excahnge (VSE) on July 7, VSE president today said they will now ask Sebi to take a final call on it. The two groups, VSE Sharebrokers' Forum and investor shareholder, did not sign on the agreement to submit exit application for the voluntary

  • Pension Funds Regulator Hopes For Concrete Proposals in Next Budget

    13 July, 2014 1:03 PM 5

    Having missed out on a major mention in the Budget, pension funds regulator PFRDA is hoping that the next budget will come up with some concrete proposals for the sector, including a 25-year extension to government subsidy of Rs 1,000 for the unorganised labour market. "Going forward, we expect an announcement to extend the government support to the NPS (New Pension

  • BSE Sees SME Boom on its Platform Post Rs 10,000 Crore Start-up Fund

    13 July, 2014 12:58 PM 3

    Stock exchange BSE has said the Rs 10,000-crore venture capital fund for start-ups and MSMEs announced in the Budget will help boost its SME platform as it expects more small companies to approach it to raise capital. "We are looking at more and more SMEs to get listed on BSE SME Platform to raise funds and list themselves," BSE managing director and chief

  • Pope Francis says 2% of Catholic clergy are paedophiles

    13 July, 2014 12:51 PM 5

    VATICAN CITY: Pope Francis promised "solutions" to the issue of priestly celibacy in an interview on Sunday that raised the possibility the Catholic Church could eventually lift a ban on married priests, but was quickly refuted by the Vatican. Interviewed by Italy's La Repubblica daily, Francis also condemned child sex abuse as a "leprosy" in the Church

  • चीन के रक्षा बजट से भारत काफी पीछे

    13 July, 2014 12:50 PM 7

    नई दिल्ली (एसएनएन): भारत द्वारा 2014-15 के लिए अपने रक्षा बजट में 12.5 फीसदी बढ़ोतरी करने के बावजूद भी चीन के रक्षा बजट से काफी पीछे है. भारत का सैन्य रक्षा बजट 2.29 लाख करोड़ रुपये है. नई दिल्ली (एसएनएन): भारत द्वारा 2014-15 के लिए अपने रक्षा बजट में 12.5 फीसदी बढ़ोतरी करने के बावजूद भी चीन के रक्षा बजट से काफी पीछे है. भारत का सैन्य रक्षा बजट 2.29 लाख करोड़ रुपये

  • BSE Forms 11-Member Advisory Group on REITs

    13 July, 2014 12:48 PM 15

    The BSE has launched an advisory group on REITs (real estate investment trusts), which are aimed at attracting long-term funds to the cash-strapped realty sector from both foreign as well as domestic investors. Finance Minister Arun Jaitley while presenting the budget last Thursday had announced tax incentives like exemption from long-term capital gains

  • Ashok Chavan Guilty of Fudging Poll Expenses in 2009 Maharashtra Election, Says Election Commission

    13 July, 2014 12:47 PM 11

    New Delhi: Congress leader and former Maharashtra chief minister Ashok Chavan has been found guilty by the Election Commission of fudging poll expenses during state elections in 2009. The commission said Mr Chavan failed to file his election expenses in the manner as required by the law. The Election Commission, while issuing a notice to Mr Chavan

  • England vs India: Stuart Binny Helps Build Lead After Early Stuart Broad Strikes

    13 July, 2014 12:37 PM 8

    India went to lunch at 230/6, with a lead of 191 against England on Day 5 of the first Test at Trent Bridge. Nottingham, United Kingdom: India lost three wickets in the opening session as it crept to 230-6 against England on the final day of the first Test at Trent Bridge with a lead of 191 runs. (Day 5: Live Blog) Resuming on 167-3, Virat Kohli could