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SC pulls up Ranbaxy for delayed raising of refund issue
The Supreme Court has admonished drug major Ranbaxy Laboratories Ltd for not raising on the relevant occasion the issue of refunding Rs 1 crore penalty the government had imposed on it for allegedly overcharging drug prices.

Jaitley to lead BJP in RS, Sushma Advani's deputy in LS
The BJP today appointed its senior leader Arun Jaitley as the Leader of the Opposition in the Upper House and Sushma Swaraj Deputy Leader of the Opposition in the Lok Sabha.

News of the day

Festive season fails to revive paint sales
The sale of paints and colouring items for households is witnessing almost 25 per cent fall compared with last year despite the ongoing festive season.
Public Relations

Forex reserves dip $144 million

The country’s foreign exchange reserves fell by $144 million for the week ended December 25, 2009, mainly due to revaluation of currencies. The rupee ended the week at Rs 46.65 to the dollar as against Rs 46.73 at the end of the preceding week. - Rupee starts New Year on weak note, sheds 7 paise - Rupee gains 12 paise against in early trade - Rupee falls by 4 paise in opening trade - Rupee gains 4 paise in early trade - Rupee falls by 9 paise in opening trade - Govt eases rules governing royalty payments overseas Foreign currency assets fell $132 million while gold reserves remained unchanged.


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