bank loans

Cuba’s new farmers to get tax break


August 11th, 2012 - 1:01 pm ICT by IANS
Havana, Aug 11 (IANS) In a bid to boost agricultural output, Cuba has passed a new tax law that gives new farmers a tax break for the first two years, ... Read more...

Posted in Business |

Two held for cheating in Delhi


May 31st, 2012 - 9:50 pm ICT by IANS
New Delhi, May 31 (IANS) Two persons were arrested here for cheating people on the pretext of getting them bank loans, police said Thursday.The accused were identified as Subhash Chander, ... Read more...

Posted in Uncategorized |

Russia to launch commercial-free public TV


April 18th, 2012 - 12:54 pm ICT by IANS
Moscow, April 18 (IANS/RIA Novosti) Russian President Dmitry Medvedev has signed a decree to establish a commercial-free, public television broadcast service that will be launched Jan 1 next year.Medvedev had ... Read more...

Posted in Entertainment |

Tea Board simplifies registration for Assam’s small growers


March 21st, 2012 - 9:28 pm ICT by IANS
Guwahati, March 21 (IANS) The Tea Board of India has decided to simplify the process of registration of small tea growers in Assam to facilitate their certification, an official said ... Read more...

Posted in Business |

This pickle bank tickles them pink


February 7th, 2012 - 1:42 pm ICT by IANS
Beijing, Feb 7 (IANS) It's "pickle bank" that has turned the fortunes of many micro and small pickle makers in China's Sichuan province, and that too without having them to ... Read more...

Posted in Business |

Surge in foreign fund flow into infrastructure


February 5th, 2012 - 6:07 pm ICT by IANS
New Delhi, Feb 5 (IANS) Overseas investors are increasingly pumping money into India's infrastructure sector, especially in the power, oil and gas, telecom and iron and steel segments, due to ... Read more...

Posted in Business |

Bhilwara Energy ties up Rs.663 crore for Nepal power plant


January 11th, 2012 - 9:11 pm ICT by IANS
New Delhi, Jan 11 (IANS) Bhilwara Energy, flagship entity of LNJ Bhilwara, Wednesday said it had tied up Rs.663 crore in bank loans for its 120 MW hydro-electric project in ... Read more...

Posted in Business |

Mafia is Italy’s biggest business


January 11th, 2012 - 3:04 pm ICT by IANS
Rome, Jan 11 (IANS/AKI) The mafia in Italy -- that made around 140 billion euro (around $178 billion) in 2010 through money lending, extortion and robbery -- generated far greater ... Read more...

Posted in Uncategorized |

Economic growth still slow to moderate: US


December 1st, 2011 - 12:11 pm ICT by IANS
Washington, Dec 1 (IANS/EFE) The rate of economic growth in the US continues to be "slow to moderate" in all but one of the 12 Federal Reserve Districts, the central ... Read more...

Posted in Business |

Debt-laden Mexican state keeps financial records secret


December 1st, 2011 - 11:31 am ICT by IANS
Mexico City, Dec 1 (IANS/EFE) The government of the northern Mexican state of Coahuila, under investigation for a 9,800 percent increase in its debt since 2005, plans to keep its ... Read more...

Posted in Business |

China facilitates debt-for-equity swaps for firms


November 23rd, 2011 - 5:28 pm ICT by IANS
Beijing, Nov 23 (IANS) China's industry and commerce watchdog Wednesday set rules to help fund-strapped firms restructure debts and improve cash flow through debt-for-equity swaps.The move is the government's latest ... Read more...

Posted in Business |

Unitech moves company law board against Telenor


October 11th, 2011 - 8:41 pm ICT by IANS
New Delhi, Oct 11 (IANS) Unitech, the Indian partner of mobile services firm Telenor, Tuesday said it has filed a petition before the Company Law Board (CLB) to restrain ... Read more...

Posted in Sci-Tech |

‘No pre-payment charge on floating rate bank loans’


September 6th, 2011 - 6:51 pm ICT by IANS
Mumbai, Sep 6 (IANS) To help common people better manage their borrowing costs in view of fluctuating interest rates, banking ombudsmen have asked all banks not to levy any fee ... Read more...

Posted in Uncategorized |

More skeletons tumble out of Nepal’s casino industry


August 1st, 2011 - 6:06 pm ICT by IANS
Kathmandu, Aug 1 (IANS) After intrigues, double-cross and illegal activities made Nepal's multi-billion rupee casino industry, the oldest in South Asia, a disreputable sector facing dissolution, a new skeleton has ... Read more...

Posted in Uncategorized |

China’s n-power developers seek equity investors


July 30th, 2011 - 3:12 pm ICT by IANS
Beijing, July 30 (IANS) China's nuclear power developers are turning to equity investors for funding as interest rate hikes and Japan's nuclear crisis have resulted in fewer bank loans.A subsidiary ... Read more...

Posted in Uncategorized |

Government keen to reduce loan rate for self help groups: Ramesh


July 19th, 2011 - 1:08 am ICT by IANS
New Delhi, July 18 (IANS) The government is keen to bring down interest rate on bank loans to Self Help Groups (SHGs) and make it on par with that ... Read more...

Posted in Business |

Man held for debit card fraud


June 17th, 2011 - 1:28 am ICT by IANS
New Delhi, June 16 (IANS) A man has been arrested for getting somebody else's debit card fraudulently and using it for various purchases, police said Thursday."Amit Sabharwal, a ... Read more...

Posted in Uncategorized |

Sonia to launch rural livelihood mission


June 1st, 2011 - 7:26 pm ICT by IANS
New Delhi, June 1 (IANS) United Progressive Alliance (UPA) chairperson Sonia Gandhi will launch the National Rural Livelihood Mission (NRLM) in Banswara district of Rajasthan Friday as a flagship ... Read more...

Posted in Business |

Haryana couple takes love to great height - Mt Everest


May 20th, 2011 - 2:27 pm ICT by IANS
Kathmandu, May 20 (IANS) While the average couples plan families and buying a new car and house on bank loans, Sushma and Vikas Kaushik planned something unusual to take their ... Read more...

Posted in Uncategorized |

With Maharaja a pauper, is it time to sell Air India?


May 8th, 2011 - 2:23 pm ICT by IANS
New Delhi, May 8 (IANS) With accumulated losses amounting to nearly $3 billion, the 10-day crippling strike of Air India pilots may have come at the worst possible time ... Read more...

Posted in Feature |

Jammu, the refugee city of India (Part-I)


May 3rd, 2011 - 1:09 pm ICT by ANI
By Smita PrakashJammu, May 3 (ANI): It is not a happy city. The winter capital of the strife-torn state of Jammu and Kashmir has too much angst to pass off as ... Read more...

Posted in National |

ADB to give 150 million dollars as credit to scale up India’s solar power sector


April 19th, 2011 - 1:46 pm ICT by ANI
Manila, Apr. 19 (ANI): The Asian Development Bank (ADB) will provide up to 150 million dollars in credit guarantees to help India scale up its use of solar power as a major ... Read more...

Posted in World |

UAE central bank announces increase in money supply


March 28th, 2011 - 12:18 am ICT by IANS
Abu Dhabi, March 27 (IANS/WAM) UAE's central bank Sunday announced that money supply rose by 2.3 percent to 48 billion dirhams (about $13 billion) at the end of February from ... Read more...

Posted in Business |

Grameen Bank case: Bangladesh Supreme Court to hear Yunus appeal


March 15th, 2011 - 4:19 pm ICT by ANI
Dhaka, Mar.15 (ANI): The Bangladesh Supreme Court is likely to hear an appeal of Nobel Laureate Muhammad Yunus against a High Court decision to uphold his removal as the chairperson of microlender ... Read more...

Posted in World |

Pradeep Jain thanks FM for giving due importance to real estate sector


February 28th, 2011 - 10:16 pm ICT by ANI
New Delhi, Feb 28 (ANI): Commenting on the Union Budget 2011-12, Pradeep Jain, Chairman, Parsvnath Developers Limited, on Monday thanked Union Finance Minister Pranab Mukherjee for giving due importance to the ... Read more...

Posted in National |

NEDFi to back foreign investors’ projects in northeast


February 9th, 2011 - 5:16 pm ICT by IANS
Agartala, Feb 9 (IANS) The state-owned North Eastern Development Finance Corporation (NEDFi) is keen to provide financial support to single or joint venture projects involving foreign investors, a top official said here ... Read more...

Posted in Business |

Pakistan economy collapsing


January 31st, 2011 - 6:06 pm ICT by ANI
Islamabad, Jan.31 (ANI): Pakistan is not only wrestling with a problem of law and order, but struggling to get its collapsing economy back on rails.The country's commercial capital, Karachi, which accounts ... Read more...

Posted in South Asia |

70-year-old man under debt jumps to death


January 25th, 2011 - 10:03 pm ICT by IANS
New Delhi, Jan 25 (IANS) Depressed over not being able to repay his bank loan, a 70-year-old man allegedly jumped to death in West Patel Nagar in central Delhi Tuesday morning, police ... Read more...

Posted in Uncategorized |

Fake banker held in capital


January 7th, 2011 - 10:06 pm ICT by IANS
New Delhi, Jan 7 (IANS) A man was arrested here for duping 53 people of Rs.9 lakh on the pretext of providing interest-free bank loans, police said Friday. According to the police, ... Read more...

Posted in Uncategorized |

Balakrishnan’s son-in-law quits Youth Congress, ready for probe (Night lead)


January 5th, 2011 - 11:50 pm ICT by IANS
Thiruvananthapuram/Kochi, Jan 5 (IANS) Former chief justice of India K.G. Balakrishnan's son-in-law P.V. Srinijin Wednesday quit the Youth Congress over allegations of amassing illegal wealth and said he was ready to face ... Read more...

Posted in Politics |

Minati Khatua discovers that her husband is a woman


December 20th, 2010 - 9:01 pm ICT by Aishwarya Bhatt
Rourkela, Dec 20 (THAINDIAN NEWS) Incredibly, a woman was married to another woman for six months and didn’t realize it all along. The “husband” recently fled when she realized that she has ... Read more...

Posted in Odd news |

Scope of CBI’s spectrum probe expanded: Bhushan


December 16th, 2010 - 8:51 pm ICT by IANS
New Delhi, Dec 16 (IANS) Senior counsel Prashant Bhushan Thursday welcomed the Supreme Court order expanding the scope of the Central Bureau of Investigation (CBI) probe into the 2G spectrum scam.He said ... Read more...

Posted in Business |

BJP urges PM for aid to rain-hit Andhra farmers


December 13th, 2010 - 10:36 pm ICT by IANS
New Delhi, Dec 13 (IANS) Senior Bharatiya Janata Party (BJP) leaders, including L.K. Advani, met Prime Minister Manmohan Singh Monday to seek assistance for farmers in Andhra Pradesh, whose crops have ... Read more...

Posted in Politics |

Three cheats held in Punjab


November 28th, 2010 - 3:01 pm ICT by IANS
Jalandhar (Punjab), Nov 28 (IANS) Three people have been arrested in Punjab for running a bogus finance company that duped scores of people here, police said Sunday.Those arrested were identified as ... Read more...

Posted in Uncategorized |

Murdered Brit-Indian woman’s hubby Dewani in 6.25 million pounds debt


November 20th, 2010 - 12:15 pm ICT by ANI
London, Nov 20(ANI): Brit-Indian Shrien Dewani, whose wife was killed during their honeymoon trip in South Africa, reportedly faces a cash crisis with his firm in the UK, as it is believed ... Read more...

Posted in World |

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