Travelling in autorickshaws will soon become an expensive affair in Delhi. According to the Delhi government transport department’s proposal, which is likely to be tabled in the Cabinet meeting on Monday, passengers will end up paying for at least two kilometres of journey even if they take an auto for a kilometre or so.

First Emperor is fancied to win the Rajkot Plate, the feature event of the races to be held here on Saturday.

The only time when the teams were on par was during the toss. Once the coin fell in favour of the hosts, it was a one-horse race.
Sri Lanka took a confident step towards the final of the Asia Cup with an authoritative 126-run win over Bangladesh here on Friday. After registering the highest score at t

The government will take a final view on the new tax slabs in the Direct Tax Code (DTC) after it receives comments on the revised draft from the public, said union finance minister Pranab Mukherjee on Friday.

India’s exports jumped by 35 per cent in May largely because of the low base last year. This is the seventh consecutive month, when exports have seen a positive growth.
“Don’t get carried away by the numbers. In terms of mood, things are looking brighter than last year. There is some degree of recovery in exports. But should we be opening up the champagne? No, not yet. We are not out of the woods yet,” said the commerce secretary, Mr Rahul Khullar.

Mukesh Ambani disappointed the crowds of shareholders, investors, fund managers and analysts who had expected some big ticket announcements at RIL’s 36th annual general meeting. The past fortnight had been rife with speculation on the Mukesh’s next move — rumoured to be in telecom, healthcare, power and even finance.

Here is a piece of bad news for mobile operators, who want to tap the huge market for mobile ba-nking: The Reserve Bank of India does not want to delink banks from the mobile banking and wants mobile service providers to tie up with banks for offering banking services on mobile phones.

The Reserve Bank of India is likely to revise upwards its inflation forecast for the current financial year. The RBI had expected inflation, the rate at which prices increase, at 5.5 per cent by March 2011. However, with the wholesale price index rising by 10.16 per cent for May, the central bank may have to revisit its earlier estimates.

The Reserve Bank of India will continue with its calibrated exit from an expansive monetary policy despite the European crisis, governor, Dr D. Subbarao, said.
“We must do a calibrated exit from the expansionary stance that we had taken during the (global economic) crisis,” Dr Subbarao told reporters on the sidelines of a conference on banking technology.

The BJP on Friday suspended three party MLAs for cross-voting in the just-concluded Rajya Sabha polls. MLAs Banwari Ram from Bihar, Bhimsen Chaudhary from Orissa and Ram Chandra from Jharkhand were suspended for not voting in favour of the BJP candidate or abstaining in the biennial polls on Thursday.