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Breaking News

  • Two people injured in gunfire between Thai protesters and govenrment supporters near the Bangkok International Airport -- AFP
  • TV footage shows Thai anti-government demonstrators shoot at government supporters on Bangkok highway -- APNewsAlert
  • THAI PROTESTERS OPEN FIRE ON GOVERNMENT SUPPORTERS - TV FOOTAGE (BULLETIN)
  • Defense lawyer says indictment indicates that a Russian politician ordered the assassination of Anna Politkovskaya -- AP
  • Channel 3 said protesters had blocked the expressway to the airport, the gateway for 13 million tourists who visit Thailand each year.
via @BreakingNewsOn

India’s growth story remains intact: Ahluwalia

November 25th, 2008 - 5:29 pm ICT by IANS -
New Delhi, Nov 25 (IANS) India's Planning Commission Tuesday said there was no need to alter its growth projection of 9 percent for the Eleventh Plan that runs till 2011-12, despite the ...

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Developed world must shield countries like India: Chidambaram

November 14th, 2008 - 3:11 pm ICT by IANS -
On Board Air India One, Nov 14 (IANS) Countries like India that drive global economic growth today shouldn't be made to suffer the impact of the current financial crisis and must get ...

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Further action needed on financial crisis: G20 (Lead)

November 10th, 2008 - 1:52 pm ICT by IANS -
Sao Paulo, Nov 10 (DPA) Finance ministers of the Group of 20 industrialised and emerging economies (G20) have agreed that global stability and growth must be the cornerstones of any plan to ...

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Centre constitutes committee on current global financial situation

Centre constitutes committee on current global financial situation

November 7th, 2008 - 8:47 pm ICT by ANI -
New Delhi, Nov 7 (ANI): Prime Minister Dr. Manmohan Singh has approved constitution of a committee of officers to be chaired and convened by the Finance Secretary, Ministry of Finance, Government ...

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PM constitutes apex group

PM constitutes apex group

November 4th, 2008 - 10:15 pm ICT by ANI -
New Delhi , Nov 4 (ANI): Prime Minister Dr. Manmohan Singh has constituted an Apex group under his chairmanship to coordinate the Governments response to points raised by Industry from time ...

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Trump gets his golf course, plus 500 luxury homes

November 4th, 2008 - 5:55 pm ICT by ANI -
London, Nov 4 (ANI): New York-based billionaire businessman Donald Trumps contentious plans to transform a wild and windswept stretch of the Aberdeenshire coastline into an exclusive 1 billion pound golf resort ...

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Revenue, job loss stare Karnataka in face

October 31st, 2008 - 5:49 pm ICT by IANS -
Bangalore, Oct 31 (IANS) Karnataka will celebrate its 53rd Formation Day Saturday amid fear of revenue loss to government in the wake of global financial meltdown and warning of job loss because ...

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Finance Secretary chairs liquidity panel meet in Mumbai

October 15th, 2008 - 5:44 pm ICT by ANI -
Mumbai, Oct.15 (ANI): Finance Secretary Arun Ramanathan on Wednesday chaired a meeting of a panel of bankers and experts to explore options to ease liquidity pressure in the system. The panel, ...

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India’s central bank moves to free another $200 bn

October 14th, 2008 - 1:32 pm ICT by IANS -
Mumbai, Oct 14 (IANS) A day after asking commercial banks not to withhold credit to the corporate sector, especially small firms, the Reserve Bank of India (RBI) Tuesday said another Rs.200 billion ...

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Chidambaram leads pep talk to soothe nervous sentiments (Round-up)

October 13th, 2008 - 9:40 pm ICT by IANS -
New Delhi, Oct 13 (IANS) Finance Minister P. Chidambaram Monday once again asked investors not to panic, saying India will weather the impact of the global financial storm, even as an expert ...

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Expert panel on financial crisis to meet Monday afternoon

October 13th, 2008 - 12:57 pm ICT by IANS -
New Delhi, Oct 13 (IANS) An expert panel under Finance Secretary Arun Ramanathan meets here later Monday to find solutions to help India weather the impact of the global financial storm that ...

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Fundamentals of Indian economy still strong: Finance minister

October 10th, 2008 - 1:46 pm ICT by IANS -
New Delhi, Oct 10 (IANS) Finance Minister P. Chidambaram Friday reiterated that the fundamentals of the Indian economy were strong, and set up a high-level group to look into the liquidity requirements ...

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Karnataka CM invites Tata to set-up Nano plant

October 6th, 2008 - 10:18 pm ICT by ANI -
Bangalore, Oct 6 (ANI): Karnataka Chief Minister B.S. Yeddyurappa today invited Tata Motors to set up manufacturing plant for world''s cheapest car ''Nano'' in the state. While talking to media persons in ...

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Tata Motors inspects Dharwad site for Nano relocation (Lead)

October 5th, 2008 - 4:14 pm ICT by IANS -
Bangalore, Oct 5 (IANS) Tata Motors managing director G. Ravi Kant Sunday inspected land in Karnataka's Dharwad district for possible relocation of the Nano small car project but said no decision has ...

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Arun Ramanathan India’s new finance secretary

September 23rd, 2008 - 9:32 pm ICT by IANS -
New Delhi, Sep 23 (IANS) The government has appointed Arun Ramanathan as the new finance secretary in the ministry of finance, an official statement said here Tuesday."The appointments committee of the cabinet ...

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Nambiar takes over from Chawla as aviation secretary (Lead)

September 15th, 2008 - 9:49 pm ICT by IANS -
New Delhi, Sep 15 (IANS) M. Madhavan Nambiar, special secretary in the Department of Information Technology, was Monday appointed civil aviation secretary replacing Ashok Chawla, who has been moved to the Department ...

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M. Nambiar is new civil aviation secretary

September 15th, 2008 - 3:41 pm ICT by IANS -
New Delhi, Sep 15 (IANS) M. Madhavan Nambiar, special secretary in the ministry of information and technology, has been appointed secretary in the civil aviation ministry replacing Ashok Chawla, who has been ...

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D. Subbarao to become next RBI Governor

D. Subbarao to become next RBI Governor

September 1st, 2008 - 9:04 pm ICT by ANI -
New Delhi, Sep 1 (ANI): Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India. He will take charge of the new post after the present ...

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D. Subba Rao to be next Reserve Bank Governor

September 1st, 2008 - 8:59 pm ICT by IANS -
New Delhi, Sep 1 (IANS) The government Monday appointed Finance Secretary D. Subba Rao as the next Governor of the Reserve Bank of India (RBI), replacing Y.V. Venugopal Reddy.Reddy, due to step ...

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D Subba Rao to be next RBI governor

September 1st, 2008 - 8:22 pm ICT by IANS -
New Delhi, Sep 1 (IANS) Finance Secretary D. Subba Rao will take charge Sep 5 as the next Reserve Bank of India Governor, Finance Minister P. Chidambaram said Monday.

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Non-serious candidates seek coverage by filing nominations for Pak presidential polls

September 1st, 2008 - 5:00 pm ICT by ANI -
Lahore , September 1 (ANI): Pakistan s Presidential elections has given an opportunity to many non-serious candidates to get coverage in the media. According to constitutional experts, a large number of people ...

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Banks to get Rs.250 bn to meet farm loan waiver costs

August 27th, 2008 - 3:39 pm ICT by IANS -
New Delhi, Aug 27 (IANS) The government will give Rs.25,000 crore (Rs.250 billion) to banks to help them make up the loss incurred on account of farm loan waiver, said a senior ...

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India fails to make to ADB top slot

August 18th, 2008 - 9:41 pm ICT by IANS -
New Delhi, Aug 18 (IANS) India's Ashok Kumar Jha, former finance secretary, has lost out to China's Zhao Xiaoyu in the election to the post of vice-president of the Asian Development Bank ...

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Cabinet panel to consider revised armed forces’ salaries

Cabinet panel to consider revised armed forces’ salaries

August 13th, 2008 - 8:28 pm ICT by IANS -
New Delhi, Aug 13 (IANS) Prime Minister Manmohan Singh Wednesday chaired a high-level meeting to take a final decision on increasing salaries and perks for armed forces personnel following their dissatisfaction over ...

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Oil ministry wants Reserve Bank to buy oil bonds

August 1st, 2008 - 10:26 pm ICT by IANS -
New Delhi, Aug 1 (IANS) The petroleum ministry wants the Reserve Bank of India (RBI) to resume buying oil bonds for oil marketing companies to ease their acute cash crunch, a senior ...

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China, Hong Kong expand economic cooperation

July 29th, 2008 - 2:56 pm ICT by IANS -
Xinhua Hong Kong, July 29 (Xinhua) China and Hong Kong signed an agreement Tuesday giving Hong Kong business entities greater and easier access to the mainland. The agreement, the fifth supplement to Mainland ...

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IPI gas pipeline meeting in Tehran in end July

July 16th, 2008 - 1:55 pm ICT by ANI -
Islamabad, July 16 (ANI): Iran, Pakistan and India are expected to have a tripartite meeting in Tehran on the 7.4 billion dollars Iran-Pakistan-India (IPI) gas pipeline project. According to a senior Pakistan ...

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Five PULF militants formally surrender before chief minister

July 3rd, 2008 - 11:59 pm ICT by ANI -
By L.C.K.Singh Imphal, July 3 (ANI): Five cadres of different factions of the People's United Liberation Front (PULF) have surrendered formally with arms and ammunition before Chief Minister Okram Ibobi Singh on ...

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Beleaguered government for more steps to tame inflation (Roundup)

Beleaguered government for more steps to tame inflation (Roundup)

June 21st, 2008 - 6:15 pm ICT by IANS -
New Delhi, June 21 (IANS) Beleaguered by a 13-year high annual inflation at 11.05 percent, the government Saturday doled out hopes and promises to tame inflation. Finance Minister P. Chidambaram Saturday said ...

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Monetary measures to check inflation expected soon: Finance Secretary

June 21st, 2008 - 4:10 pm ICT by IANS -
New Delhi, June 21 (IANS) India's central bank may soon announce monetary measures to check price rise, Finance Secretary D. Subbarao said here Saturday, a day after inflation hit a 13-year high ...

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