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Bangladesh allows transit for foodgrains for northeast India

Agartala, May 25 (IANS) In a major policy change, Bangladesh will allow India ferry foodgrains for the mountainous northeastern states via its territory, a Tripura minister said here. "Initially, the Bangladesh government has agreed to transport 10,000 tonnes of foodgrains for Tripura through its territory," Tripura Food and Civil Supplies Minister Bhanulal Saha told

India Cements not to be impacted financially if CSK booted out of IPL

Chennai, May 25 (IANS) India Cements may not be majorly impacted if its Indian Premier League (IPL) team, Chennai Super Kings' licence is revoked in the wake of the spot fixing scandal, industry analysts say. "The revocation of CSK's IPL franchisee licence will not have any major financial impact on India Cements

Himachal to reduce fertilizer use

Shimla, May 25 (IANS) To reduce the use of fertilizers, Himachal Pradesh is going to check samples of soil under the Soil Health Programme, an official said here Saturday. The government has asked the farmers to get soil from their fields tested free of cost, agriculture director J.C. Rana said

Mizoram to lay roads with World Bank aid

Aizawl, May 25 (IANS) The northeastern state Mizoram expects to get financial aid from the World Bank for the development of roads in the mountainous state, bordering Myanmar and Bangladesh, officials said here Saturday. "A four-member World Bank team visited various parts of Mizoram earlier this week. The World Bank officials are strongly pushing for a free trade regime in the region and keen to provide technical and financial support for infrastructural projects," a Mizoram Public Works Department (PWD) official told reporters.

Indian software industry to see strong revenue growth: PwC

New Delhi, May 25 (IANS) The Indian software industry is poised for a strong revenue growth driven by social media, mobility, analytics and cloud, said a report published by PricewaterhouseCoopers (PwC). The Indian companies in the top 100 emerging markets list bring combined revenue of $797 million. India ranks fifth among the emerging markets based on revenues, according to the PwC Global 100 Software Leaders report, a revenue-based study on the world's top 100 software vendors

Slips with holograms to replace coins on Kolkata buses

Kolkata, May 25 (IANS) The familiar scenes of commuters arguing with conductors in Kolkata buses over short change may soon be a thing of past as the bus operators have now hit upon the idea of handing out coupons, or "due slips" with holograms, in lieu of change. Faced with an acute shortage of coins, operators on select routes would give these slips to the passengers. These will contain the amount of change to be refunded, the bus number, as well as the routes on which they can be availed

Brazil oil firm sells partial stake in Tanzania block

Rio de Janeiro, May 25 (IANS/EFE) Brazilian state-controlled energy giant Petrobras said Friday it sold a 12 percent stake in an oil block off Tanzania's coast to Norway's Statoil.

Bolivia to boost incentives for gas exploration

Santa Cruz (Bolivia), May 25 (IANS) Bolivia's government, which asserted greater state control over the Andean nation's natural gas sector seven years ago, says it will issue a decree to encourage investment in exploration. Vice President Alvaro Garcia Linera made the announcement at the inauguration of a gas and oil congress in the eastern city of Santa Cruz, where energy experts from nine countries have gathered. The incentives are "very important, very attractive" and will help investors make a "extremely rapid return on their investment", he said.

Bhushan Steel to double Odisha plant capacity

Bhubaneswar, May 25 (IANS) Indian steelmaker Bhushan Steel Limited (BSL) Saturday said it was all set to double the annual capacity of its steel plant in Odisha to six million tonne by the end of this year. The plant at Meramandali in Dhenkanal district, about 150 km from state capital Bhubaneswar, was commissioned in 2006. It has an annual output of three million tonnes

UP’s power crisis spells trouble for SP (Uttar Pradesh Newsletter)

Lucknow, May 25 (IANS) With mercury soaring in Uttar Pradesh and the grim power situation disrupting life, protests have become the order of the day, spelling trouble for the Samajwadi Party government. In the last 10 days alone, people resorted to violence in more than two dozen places across the sprawling state over incessant power cuts and the alleged indifference of officials