Lok Sabha adjourned for the day (Lead)
September 5th, 2012 - 2:00 pm ICT by IANS
New Delhi, Sep 5 (IANS) Continuing protests for the 11th day by the Bharatiya Janata Party (BJP) over coal block allocations forced adjournment of the Lok Sabha Wednesday, even ... Read more...
Posted in Politics |
Four nabbed for duping railway job seekers
August 25th, 2012 - 11:27 pm ICT by IANS
New Delhi, Aug 25 (IANS) Four people were arrested here for duping over 100 unemployed people of Rs.2 crore on the pretext of getting them jobs in the Indian Railways, ... Read more...
Posted in Uncategorized |
Textile firms’ loans of Rs.35,000 crore to be restructured
August 8th, 2012 - 9:23 pm ICT by IANS
New Delhi, Aug 8 (IANS) The government has directed public sector banks to restructure loans worth Rs.35,000 crore to textiles firms, which are facing financial problem, Minister of State for ... Read more...
Posted in Business |
Government to deregulate diesel prices
April 24th, 2012 - 8:41 pm ICT by IANS
New Delhi, April 24 (IANS) The government has "in-principle" agreed to deregulate diesel prices, but there is no such proposal for cooking gas, Minister of State for Finance Namo Narain ... Read more...
Posted in Business |
Syndicate Bank opens 108 branches in a day
March 31st, 2012 - 8:28 pm ICT by IANS
Bangalore, March 31 (IANS) Setting a record of sorts, state-run Syndicate Bank Saturday opened 108 new branches across 15 states and Andaman & Nicobar islands simultaneously through the electronic route ... Read more...
Posted in Business |
Banks should not get complacent: Pranab
February 19th, 2012 - 7:34 pm ICT by IANS
Gurgaon, Feb 19 (IANS) Indian banks had shown resilence during the global economic crisis but there was no room for complacency as the environment remained uncertain, Finance Minister Pranab ... Read more...
Posted in Business |
India to aim at 8 percent plus growth next fiscal: Namo Narain Meena (Interview)
January 12th, 2012 - 10:48 am ICT by IANS
Jaipur, Jan 12 (IANS) India's "growth story is intact" and the goverment would target more than eight percent growth in the next financial year on the back of easing inflation ... Read more...
Posted in Business |
Parliament okays LIC amendment bill
December 14th, 2011 - 8:46 pm ICT by IANS
New Delhi, Dec 14 (IANS) Parliament Wednesday passed the Life Insurance Corporation (Amendment) Bill that seeks to increase the company's paid-up capital to Rs.100 crore from the existing Rs.5 crore ... Read more...
Posted in Business |
State-run banks have lent Rs.6,901.86 crore to Kingfisher Airlines
December 13th, 2011 - 6:09 pm ICT by IANS
New Delhi, Dec 13 (IANS) The government Tuesday said state-run banks have lent Rs.6,901.86 crore to the cash-strapped Kingfisher Airlines.Minister of State for Finance Namo Narain Meena said public ... Read more...
Posted in Business |
India’s insurable population over 57 crore
November 29th, 2011 - 9:42 pm ICT by IANS
New Delhi, Nov 29 (IANS) The approximate total number of insurable Indians is over 57 crore, parliament was informed Tuesday."Based on the working population, as per census 2001 data, the ... Read more...
Posted in Business |
Rs.140 bn capital infusion for public sector banks okayed
November 5th, 2011 - 1:04 am ICT by IANS
Chennai, Nov 4 (IANS) The Indian government has started assessing the capital needs of its banks as the Basel III norms come into force by 2013 while approving Rs.14,000 crore ... Read more...
Posted in Business |
SBI to expand foreign operations
September 2nd, 2011 - 10:33 pm ICT by IANS
New Delhi, Sep 2 (IANS) State Bank of India, the country's largest lender, plans to open new branches and offices in almost 10 countries, including China, Britain and South ... Read more...
Posted in Business |
Inflation will ease in 2011-12’s second half: Minister
August 23rd, 2011 - 9:55 pm ICT by IANS
New Delhi, Aug 23 (IANS) Monetary tightening and easing demand-side pressure would help moderate inflation in the second half of the current fiscal, Minister of State for Finance Namo Narain ... Read more...
Posted in Business |
Bank branches to come up in 43,000 new rural areas
August 22nd, 2011 - 9:18 pm ICT by IANS
New Delhi, Aug 22 (IANS) The government has told banks to open branches in over 43,000 new rural locations during the current financial year that would bring all habitations with ... Read more...
Posted in Uncategorized |
Bihar’s per capita income lowest, Delhi’s highest
August 22nd, 2011 - 8:30 pm ICT by IANS
New Delhi, Aug 22 (IANS) A huge inter-state income disparity exists in India, according to official data, which showed that per capita income in the national capital Delhi is almost ... Read more...
Posted in Business |
Public sector banks’ NPAs rise to 2.31 percent
August 16th, 2011 - 7:44 pm ICT by IANS
New Delhi, Aug 16 (IANS) Non-performing assets (NPAs) of government-run banks rose to 2.31 percent as on March 31, 2011, as compared to 2.27 percent in the previous year, ... Read more...
Posted in Business |
LIC market share rises to 77 percent in 2010-11
August 12th, 2011 - 8:25 pm ICT by IANS
New Delhi, Aug 12 (IANS) The market share of the government-run Life Insurance Corporation of India (LIC), in terms of number of policies in the country, rose to 76.92 percent ... Read more...
Posted in Business |
RBI’S interest rate hikes for taming inflation: Meena
August 5th, 2011 - 8:22 pm ICT by IANS
New Delhi, Aug 5 (IANS) Interest rate hikes by the Reserve Bank of India (RBI) were meant to control inflation even though it resulted in higher cost of borrowing, Minister ... Read more...
Posted in Uncategorized |
Lending to farm sector exceeds target
August 2nd, 2011 - 8:58 pm ICT by IANS
New Delhi, Aug 2 (IANS) Bank-lending to the farm sector rose to Rs.4,46,779 crore in 2010-11, almost 20 percent higher than the official target of Rs.3,75,000 crore, Minister of State ... Read more...
Posted in Business |
Senior al-Qaeda member put ‘jihad over sex’ by taking “impotence” injections
April 27th, 2011 - 12:05 pm ICT by ANI
Washington, Apr 27 (ANI): One of al-Qaeda's most senior members held at Guantánamo, who used to directly report to Osama bin Laden, took injections "to promote impotence" to avoid being "distracted" by ... Read more...
Posted in World |
Osama did not escape to Pakistan, but headed north: GITMO documents
April 26th, 2011 - 8:15 pm ICT by ANI
London, Apr. 26 (ANI): A secret intelligence report compiled by officials at Guantánamo Bay has claimed that Al Qaeda chief Osama bin Laden did not escape to Pakistan, but headed up north ... Read more...
Posted in World |
GITMO files says Casio wristwatch ‘the sign of al-Qaida’
April 26th, 2011 - 3:01 pm ICT by ANI
London, Apr. 26 (ANI): Guantánamo Bay interrogators regarded the Casio F-91W wristwatch as a sign of al-Qaida involvement.According to The Guardian, documents leaked by the whistle blowing web site WikiLeaks, reveal that ... Read more...
Posted in Sports |
GITMO detainees were radicalised in London to attack Western targets
April 26th, 2011 - 1:21 pm ICT by ANI
London, Apr. 26 (ANI): At least 35 terrorists incarcerated at Guantánamo Bay were indoctrinated by extremist preachers in Britain to fight against the West, secret files obtained by The Daily Telegraph can ... Read more...
Posted in World |
Now, pay income tax through Union Bank ATMs
March 31st, 2011 - 11:09 pm ICT by IANS
New Delhi, March 31 (IANS) Now, account holders of the state-run Union Bank of India can pay their income tax through the bank's network of 2,600 ATMs."Implementation of income tax ... Read more...
Posted in Business |
Social activist actress Jagger slams Obama for GITMO closure failure
January 12th, 2011 - 5:22 pm ICT by ANI
New York, Jan.12 (ANI): Nicaraguan-born social and human rights advocate and a former actress and fashion icon Bianca Jagger has criticized US President Barack Obama for failing to restore 'America's moral ... Read more...
Posted in World |
Regulations for micro finance industry soon
November 23rd, 2010 - 9:49 pm ICT by IANS
New Delhi, Nov 23 (IANS) The government will soon introduce a bill in parliament aimed at regulating micro finance institutions, Minister of State for Finance Namo Narain Meena said Tuesday."The Department ... Read more...
Posted in Business |
‘Reliance Communications had no stake in Swan’
November 16th, 2010 - 10:51 pm ICT by IANS
New Delhi, Nov 16 (IANS) Reliance Communications Tuesday strongly denied having any stake in Swan Telecom, among the companies that India's official auditor claims had benefited in the issue of ... Read more...
Posted in Business |
CAG indicts Raja for arbitrariness, ignoring PM’s advice
November 16th, 2010 - 5:39 pm ICT by IANS
New Delhi, Nov 16 (IANS) Former telecom minister A. Raja went ahead arbitrarily with the 2G spectrum allotment in 2008, ignoring the advice of Prime Minister Manmohan Singh among others and ... Read more...
Posted in Business |
Lok Sabha adjourned for day, Rajya Sabha till 2 p.m. (Lead)
November 16th, 2010 - 2:24 pm ICT by IANS
New Delhi, Nov 16 (IANS) The Lok Sabha was again adjourned for the day Tuesday and the Rajya Sabha till 2 p.m. as opposition MPs continued to demand a joint parliamentary committee ... Read more...
Posted in Politics |
Indian economy will grow 8.25-8.75 percent: Mukherjee
October 26th, 2010 - 1:40 pm ICT by IANS
New Delhi, Oct 26 (IANS) The Indian economy is witnessing clear signals of an all-round recovery thanks to the fiscal stimulus measures since December 2008, and the country will grow at ... Read more...
Posted in Business |
US judge bars major witness from GITMO detainee’s trial
October 7th, 2010 - 6:20 pm ICT by ANI
New York, Oct. 7 (ANI): A federal judge barred prosecutors on Wednesday from using a crucial witness in the first trial of a former Guantánamo detainee.The trial of Ahmed Khalfan Ghailani, who ... Read more...
Posted in World |
Railway and finance ministries join hands to educate investors
October 6th, 2010 - 9:25 pm ICT by IANS
New Delhi, Oct 6 (IANS) Minister of State for Finance Namo Narain Meena Wednesday flagged off a train carrying investors awareness messages as part of the Indian Railways and the finance ministry's ... Read more...
Posted in Business |
Government approves computerisation of state treasuries
August 20th, 2010 - 9:39 pm ICT by IANS
New Delhi, Aug 20 (IANS) The government has approved the computerisation of state treasuries within three years at an overall cost of Rs.626 crore, the finance ministry said Friday.
"The scheme, to ... Read more...
Posted in Business |
India abandons plan for sovereign wealth fund
August 20th, 2010 - 8:21 pm ICT by IANS
New Delhi, Aug 20 (IANS) India has abandoned the plan to create a sovereign wealth fund on the line of Singapore, United Arab Emirates, Saudi Arabia, China and Russia, the finance ministry ... Read more...
Posted in Business |
Infra sector faces $40.62 bn funding gap in 11th plan period
August 20th, 2010 - 7:43 pm ICT by IANS
New Delhi, Aug 20 (IANS) India's infrastructure sector is likely to face a financing shortfall of $40.62 billion during the current five-year plan period ending 2012, the finance ministry said Friday.
"The ... Read more...
Posted in Business |