Widening trade gap credit negative for India: Moody's

Widening trade gap credit negative for India: Moody's

Tuesday, 19 February 2013 | PTI | New Delhi

  Global rating agency Moody's on Monday  warned that India's widening trade deficit is "credit negative" for the country and also raises its vulnerability to global shocks. At present, Moody's has a 'Baa3' (lowest investment grade) rating for India with a stable outlook and any downward revision from here could pull the...

DoT to conduct third round of 2G GSM spectrum auction soon

Tuesday, 19 February 2013 | PTI | New Delhi

The Government will conduct the third round of 2G GSM spectrum auction immediately after the bidding for radiowaves ends in March in compliance with last week's Supreme Court order. In the forthcoming auction, the government will put up the spectrum that was left unsold in the November round of bidding. Once...

BWA holders like RIl can provide voice services with additional fee

Tuesday, 19 February 2013 | PNS | New Delhi

With inter-ministerial body, Telecom Commission (TC), approving a provision which allows companies holding internet services licences to provide phone call services by paying an additional fee of `1,658 crore, companies like Mukesh Ambani led Reliance Jio Infocomm (RJI), Augere and Tikona Digital could jump into the fray. "The Commission broadly endorsed...

Proud that Tatas make JlR, says Cameron

Tuesday, 19 February 2013 | PTI | Mumbai

 British Prime Minister David Cameron today said he is proud of the fact that an Indian company Tata Motors makes Jaguar and land Rover "that are taking the world by storm", even as he pitched for further opening up of India's insurance and banking sectors. He made this remark while asserting...

Trade unions protest: Govt warns employees against participation

Tuesday, 19 February 2013 | PTI | New Delhi

Ahead of the proposed two-day strike by Central trade unions beginning Wednesday, the Government has warned employees of "consequences" including deduction in wages and disciplinary action if they take part in the protest. In a stern directive, the Department of Personnel and Training has written to secretaries of all central government...

Tribal treat

Tuesday, 19 February 2013 | IANS

An exhibition at Shriram Bharatiya Kala Kendra features ethnic motifs by communities like Gonds, Bhils and Sauras A rare exhibition of ethnic art motifs of tribal communities such as Gonds, Bhils, Rathwas, Sauras and Warlis is ongoing at Shriram Bharatiya Kala Kendra. The nine-day exhibition titled Adi Chitra features works of 40...

Travel tales

Tuesday, 19 February 2013 | Team Viva

Nandan Purkayastha focusses on strong lines to create works that mostly talk about history. Team Viva reports Earlier most of his works were about monochromes and were based around geometric shapes. For his recent series, artist Nandan Purkayastha moved away from the monochromes and has infused some colours into his paintings....

Threads of change

Tuesday, 19 February 2013 | Shivani Aggarwal

Shivani Aggarwal paints strings, knots, bunches along with scissors, tongs and safety pin as a metaphor to describe social bonding and personal entanglement She has been in love with threads since last ten years. Earlier, she used them on surface of the canvas and paint over it. later she realised that...

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