Fertiliser industry approaches FM, seeks funds for subsidy payment

New Delhi: Faced with liquidity crunch, fertiliser industry body FAI has written to Finance Minister Arun Jaitley seeking arrangement of funds to clear outstanding subsidy arrears, which are likely to cross Rs 40,000 crore by March- end.

In a letter to the Finance Minister, Fertilizer Association of India Director General Satish Chander has said that domestic urea manufacturers have not been paid since August, 2014. Therefore, a number of plants have resorted to shut down.

Chander also pointed that while domestic fertiliser manufacturers suffer "due to non-payment of dues for months together, upfront payments are made to foreign suppliers".

Govt likely to raise Rs 90,000 cr from telecom auction: Crisil

Mumbai: Telecom players will bid aggressively in the forthcoming spectrum auction and the government may be able to raise Rs 90,000 crore through the sale of radiowaves, credit rating agency Crisil said Monday.

"With nearly half of Rs 1,200 billion annual revenues at stake for large operators, the importance of the forthcoming spectrum auction can't be overstated. Telecom operators will shell out more than Rs 900 billion to bag airwaves
(radiowaves) in the upcoming telecom auction," it said in a note.

The government has set a very high base price for the auction, which is slated to help public finances in a big way, given the slow revenue growth during the current fiscal.

Justin Bieber pulls-off epic prank on fan on Ellen DeGeneres show

Washington, Feb 17 - Justin Bieber recently terrified a fan during epic prank call when he appeared on the Ellen DeGeneres show.

Swine flu death toll crosses 500

New Delhi, Feb. 17 - The death toll due to swine flu has now crossed the 500 mark across the country with Gujarat, Madhya Pradesh, Rajasthan and Maharashtra being the worst-affected states.

Reports say at least 100 more casualties were reported in just three days since February 12.

In Maharashtra, at least 50 people have succumbed to the H1N1 virus, taking the total number of cases registered to 352 since January this year

The death toll in Delhi and Tamil Nadu, though, is comparatively low even though the disease is wide spread.

Health Ministry officials have reportedly sent central teams to the worst-affected states like Rajasthan and Gujarat.

PM Modi wishes nation on Mahashivratri

New Delhi, Feb. 17 - Prime Minister Narendra Modi on Tuesday wished the nation on the occasion of Mahashivratri.

The Prime Minister took to twitter to convey his wishes.

Bedi takes full responsibility for BJP poll loss in Delhi, says 'did it all not for any glory'

New Delhi, Feb 16 : Bharatiya Janata Party (BJP) leader Kiran Bedi on Monday admitted she has failed the test and clarified that she opted for electoral politics not for position or power, but to serve the people.

"I opted for electoral politics, not for position or power, but for serving the city, which is my home for last over 40 years. A city which I have served in various capacities, through thick and thin," she said in her blog titled 'An open letter to fellow Indians'.

The former top cop also claimed full responsibility for the BJP's dismal show in the Delhi Assembly polls.

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