Public sector banks to disburse Rs.6 lakh crore farm loans: Chidambaram
August 25th, 2012 - 11:53 pm ICT by IANS
Karaikudi (Tamil Nadu), Aug 25 (IANS) Government-owned banks have a target to disburse agriculturale loan to the tune of Rs.600,000 crore during the current fiscal - Rs.25,000 crore higher than ... Read more...
Posted in Politics |
Public sector bank’s non-performing assets not alarming: FM (Roundup)
August 18th, 2012 - 7:20 pm ICT by IANS
New Delhi, Aug 18 (IANS) Finance Minister P. Chidambaram Saturday tried to calm the jittery financial sector stating that the rise in non-performing assets (NPAs) of public sector banks ... Read more...
Posted in Business |
Public sector bank’s non-performing assets not alarming: FM
August 18th, 2012 - 5:30 pm ICT by IANS
New Delhi, Aug 18 (IANS) Finance Minister P. Chidambaram Saturday said non-performing assets (NPAs) of public sector banks (PSBs) have risen marginally in the last fiscal and there ... Read more...
Posted in Business |
India continues to face inflation, cause for concern: Mukherjee
February 28th, 2011 - 2:40 pm ICT by ANI
New Delhi, Feb 28 (ANI): Union Finance Minister Pranab Mukherjee on Monday said inflation continues to remain a concern, but exuded confidence that the monetary policy of Reserve Bank of India ... Read more...
Posted in National |
Highlights of Union Budget 2010-11 (Part-II)
February 26th, 2010 - 1:27 pm ICT by ANI
New Delhi, Feb 26 (ANI): Union Finance Minister Pranab Minister on Friday presented the Union Budget 2010-11 in the Parliament.Highlights of Union Budget 2010-11 are as follows:* Government to provide Rs 300 ... Read more...
Posted in National |
Mukherjee has room to budget for lower fiscal deficit
February 21st, 2010 - 2:33 pm ICT by IANS
By Arvind Padmanabhan
New Delhi, Feb 21 (IANS) Having opened the purse strings to weather the ills of global slowdown the past two years, Finance Minister Pranab Mukherjee appears set to re-start ... Read more...
Posted in Business |
PM’s council for cautious exit from fiscal stimulus
February 19th, 2010 - 2:41 pm ICT by IANS
New Delhi, Feb 19 (IANS) India must initiate fiscal correction in the upcoming budget, but also tread carefully while exiting stimuli packages as it must not crowd out expenditure on infrastructure, ... Read more...
Posted in Business |
West Bengal expects 35 percent growth in farm loan
February 10th, 2010 - 7:51 pm ICT by IANS
Kolkata, Feb 10 (IANS) West Bengal expects to achieve a growth of 35 percent in loans to farm and small scale sectors in the current fiscal, state Finance Minister Asim Dasgupta said ... Read more...
Posted in Business |
States also have responsibility to control price rise: Pranab
November 26th, 2009 - 8:52 pm ICT by IANS
New Delhi, Nov 26 (IANS) Finance Minister Pranab Mukherjee Thursday said that state governments too have a responsibility to control the shooting prices of essential commodities.
Intervening in the discussion in the ... Read more...
Posted in Business |
Chhattisgarh to pump in Rs.19.64 bn to boost irrigation
October 10th, 2009 - 4:09 pm ICT by IANS
Raipur, Oct 10 (IANS) The Chhattisgarh government will construct 27 irrigation projects at the cost of Rs.19.64 billion to boost agriculture production in the state.
The projects will come up in paddy-rich areas ... Read more...
Posted in Business |
No shortage of foodgrain till next year: Anand Sharma
August 18th, 2009 - 10:02 pm ICT by IANS
New Delhi, Aug 18 (IANS) The drought-like situation may pose a challenge to India's agriculture sector, but the country is unlikely to face shortage of foodgrain till next year, according to ... Read more...
Posted in Business |
Government to infuse capital into rural banks
August 18th, 2009 - 3:35 pm ICT by IANS
New Delhi, Aug 18 (IANS) The government will infuse fresh capital into the regional rural banking system to increase credit flow to the farm sector, Finance Minister Pranab Mukherjee said here ... Read more...
Posted in Business |
Farm loan waiver scheme originated from Party too, not Rashtrapathi Bhavan only
July 28th, 2009 - 7:19 pm ICT by ANI
New Delhi, July 28 (ANI): The Congress party has maintained that the farm loan waiver scheme had received support from diverse quarters.Commenting on a remark by Secretary to the President ... Read more...
Posted in National |
Patil not behind farm loan waiver scheme: Congress
July 28th, 2009 - 6:43 pm ICT by ANI
New Delhi, July 28 (ANI): Downplaying the claim that President Pratibha Patil was behind union government's ambitious farm loan waiver scheme, the Congress party has maintained that inputs for the scheme ... Read more...
Posted in National |
Finance Commission concerned over subsidies in Andhra Pradesh (Lead)
July 20th, 2009 - 6:00 pm ICT by IANS
Hyderabad, July 20 (IANS) Vijay Kelkar, chairman of the 13th Finance Commission, Monday voiced concern over subsidies provided by Andhra Pradesh, saying these could potentially jeopardise the state's recent impressive fiscal achievements.
While ... Read more...
Posted in Business |
Finance commission concerned over high subsidies in Andhra Pradesh
July 20th, 2009 - 2:52 pm ICT by IANS
Hyderabad, July 20 (IANS) Thirteenth Finance Commission Chairman Vijay Kelkar Monday voiced concern over subsidies provided by Andhra Pradesh, saying these could potentially jeopardise the state's recent impressive fiscal achievements.
While acknowledging the ... Read more...
Posted in Business |
Budget 2009-10: A Broad Analysis
July 6th, 2009 - 3:35 pm ICT by GD
Finance Minister Pranab Mukherjee presented the Union Budget in the Parliament today amidst huge expectations. As expected it has turned out to be a pro-people budget with its primary focus on ... Read more...
Posted in India |
Union Budget 2009-10: Shaping Up To Be A Pro-People One
July 6th, 2009 - 2:08 pm ICT by GD
Amidst all speculations regarding economy slowdown, Finance Minister, Pranab Mukherjee presented the Union Budget today. As far as the recent developments are concerned, this years budget is turning out to be a ... Read more...
Posted in Business |
Pawar back at Krishi Bhavan with new agro focus
May 25th, 2009 - 6:39 pm ICT by IANS
New Delhi, May 25 (IANS) Sharad Chandra Govindrao Pawar was back at Krishi Bhavan here Monday as the cabinet minister in charge of agriculture, food, public distribution and consumer affairs - the ... Read more...
Posted in Business |
UPA to continue with its economic reforms: Congress
May 16th, 2009 - 9:40 pm ICT by IANS
New Delhi, May 16 (IANS) Enthused by the poll win, the Congress party Saturday said that the United Progressive Alliance (UPA) will continue with its economic policies, but not at the cost ... Read more...
Posted in Politics |
India will recover after global situation improves: RBI chief
May 14th, 2009 - 5:02 pm ICT by IANS
Bangalore, May 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao believes the Indian economy will recover only after the world tides over the financial crisis.
"I believe for India to recover ... Read more...
Posted in Business |
When translator botched up Sonia’s speech in Chennai
May 10th, 2009 - 8:50 pm ICT by IANS
Chennai, May 10 (IANS) Congress president Sonia Gandhi's Sunday election speech here was a fun for those who understood both English as well as Tamil. And for those who knew Tamil ... Read more...
Posted in Politics |
Indian Bank net up 23 percent
April 27th, 2009 - 7:56 pm ICT by IANS
Chennai, April 27 (IANS) State-run Indian Bank Monday reported 23.4 percent rise in its net profit for 2008-09 at Rs.1,245.32 crore from Rs.1,008.73 crore the previous fiscal.
"The bank's total business went ... Read more...
Posted in Business |
Non-Congress, non-BJP parties doing ‘extremely well’: Bardhan
April 27th, 2009 - 6:36 pm ICT by IANS
Kolkata, April 27 (IANS) Communist Party of India (CPI) general secretary A.B. Bardhan Monday claimed that non-Congress and non-Bharatiya Janata Party (BJP) political parties have done "extremely well" in the first ... Read more...
Posted in Politics |
Madhya Pradesh minister booked for slapping tribal woman
April 18th, 2009 - 12:46 pm ICT by IANS
Bhopal, April 18 (IANS) Ranjana Baghel, Madhya Pradesh's minister of state for women and child development and social justice, has been booked for allegedly slapping a tribal woman and issuing threats ... Read more...
Posted in Politics |
Who is RSS slave? Sonia corners Advani again
April 15th, 2009 - 7:07 pm ICT by IANS
Bangalore, April 15 (IANS) Congress president Sonia Gandhi Wednesday stepped up her attack on the Bharatiya Janata Party and L.K. Advani for calling Manmohan Singh a weak prime minister, saying every ... Read more...
Posted in Politics |
Sonia Gandhi slams Advani for releasing terrorists during Kandahar hijack episode
April 14th, 2009 - 10:52 pm ICT by ANI
Mandla (Madhya Pradesh), Apr 14 (ANI): Congress President Sonia Gandhi on Tuesday attacked Bharatiya Janata Party (BJP) prime ministerial candidate Lal Krishna Advani for releasing three dreaded terrorists in Afghanistan during ... Read more...
Posted in National |
Populist schemes? It might have started in Tamil Nadu
April 11th, 2009 - 11:59 am ICT by IANS
By Venkatachari Jagannathan
Chennai, April 11 (IANS) If political outfits need winning manifestoes, they should simply take a leaf out of the book of Tamil Nadu parties. Be it cheap rice, free ... Read more...
Posted in Politics |
Sonia launches campaign with Pawar, attacks communal parties
April 10th, 2009 - 5:40 pm ICT by IANS
Sakoli (Maharashtra), April 10 (IANS) Congress president Sonia Gandhi Friday teamed up with Nationalist Congress Party (NCP) chief Sharad Pawar to launch a joint poll campaign in Maharashtra and hit out ... Read more...
Posted in Politics |
Haryana farmers welcome farm loan waiver
April 3rd, 2009 - 5:46 pm ICT by ANI
By Dherender KumarRohtak (Haryana), Apr 3 (ANI): Farmers in Rohtak District of Haryana have expressed happiness after their farm loans worth rupees 2108.46 crores were waived off recently."My loan worth ... Read more...
Posted in National |
Villagers of Maharashtra overwhelmed by farm loan waivers
March 31st, 2009 - 8:57 pm ICT by ANI
By Abdul HadiGanoeri (Maharashtra), Mar 31 (ANI): Farmers in Ganoeri village of Aurangabad district of Maharashtra have expressed happiness after their farm loans were waived off recently.Congress-led Government had on May 23, ... Read more...
Posted in National |
India is more secure now than three months ago: Chidambaram
March 15th, 2009 - 11:23 pm ICT by ANI
Sivaganga (Tamil Nadu), Mar 15 (ANI): Union Home Minister P. Chidambaram on Sunday said that India was more secured now than it was three months ago.He also warned that the countrys ... Read more...
Posted in National |
India’s sovereign rating suffers as deficits balloon
February 24th, 2009 - 6:00 pm ICT by IANS
New Delhi, Feb 24 (IANS) Global rating agency Standard and Poor's (S&P) Tuesday changed its outlook on India's long-term sovereign credit rating from stable to negative.
"The outlook revision reflects our view ... Read more...
Posted in Uncategorized |
Madhya Pradesh may reduce farm loan rates: governor
January 7th, 2009 - 7:21 pm ICT by IANS
Bhopal, Jan 7 (IANS) Governor Balram Jakhar Wednesday indicated that Madhya Pradesh may lower the interest rates on farm loans, saying the government was committed to fulfil the promises made to the ... Read more...
Posted in Uncategorized |
Loan waiver could have been handled better: Plan panel member
October 31st, 2008 - 12:11 pm ICT by IANS
New Delhi, Oct 31 (IANS) The government's Rs.710-billion farm loan waiver could have been done in a "better manner", says Planning Commission member Abhijit Sen.Drawing a distinction between a situation-specific loan write-off ... Read more...
Posted in Uncategorized |