year 2012

Kenya’s apex bank cuts benchmark lending rate


September 6th, 2012 - 1:11 pm ICT by IANS
Nairobi, Sep 6 (IANS) Kenya's central bank CBK has slashed benchmark lending rate by 350 basis points to 13.0 percent from the previous 16.5 percent to allow more borrowing from ... Read more...

Posted in Business |

Weak demand dampens business confidence: FICCI


September 2nd, 2012 - 5:35 pm ICT by IANS
New Delhi, Sep 2 (IANS) Weak demand and slow economic growth has dampened business confidence in India, according to a survey conducted by the Federation of Indian Chambers of Commerce ... Read more...

Posted in Uncategorized |

80 Ayurveda colleges denied permission to admit students


August 24th, 2012 - 7:11 pm ICT by IANS
New Delhi, Aug 24 (IANS) The government has denied 80 Ayurveda colleges permission to admit students for the year 2012-13 because they lacked infrastructural facilities, parliament was informed Friday."Of 261 ... Read more...

Posted in Health |

Action against Punjab health officials for infant’s death


August 17th, 2012 - 10:11 pm ICT by IANS
Chandigarh, Aug 17 (IANS) Acting on the report of an inquiry committee which found medical staff negligent, resulting in the death of an infant last month, the Punjab government Friday ... Read more...

Posted in Health |

Reliance Infrastructure reports decline in Q1 profits


August 14th, 2012 - 7:07 pm ICT by IANS
Mumbai, August 14 (IANS) Reliance Infrastructure Tuesday declared that its standalone net profit declined 24 percent year-on-year to Rs.327 crore in the quarter ended June 2012.The company has posted a ... Read more...

Posted in Business |

Sugar output may drop by 1 mn tonne


August 8th, 2012 - 7:04 pm ICT by IANS
New Delhi, Aug 8 (IANS) India's sugar output is likely to drop by one million tonne to 25 million tonnes in the marketing year beginning Oct 1 due to poor ... Read more...

Posted in Business |

Insurance industry need to innovate, simplify products: Study


August 5th, 2012 - 8:14 pm ICT by IANS
New Delhi, Aug 5 (IANS) India's insurance industry needs to innovate, simplify products and build trust amongst the customers through effective distribution claims management in order to ensure growth in ... Read more...

Posted in Business |

Haj is not for making profits, says apex court


July 27th, 2012 - 2:48 pm ICT by IANS
New Delhi, July 27 (IANS) The Supreme Court Friday said that the private tour operators (PTOs), engaged in the travel of Haj pilgrims, could not undertake their enterprise with an ... Read more...

Posted in Business |

Happy Birthday Sandra Bullock


July 26th, 2012 - 6:32 pm ICT by Aishwarya Bhatt
Los Angeles, July 26 (THAINDIAN NEWS) Sandra bullock is a renowned actress who has been on the movie screens since the 90s. She turns 48 years old today. Sandra was born in ... Read more...

Posted in Entertainment |

Myanmar’s foreign trade hits nearly $5 bn


July 24th, 2012 - 2:22 pm ICT by IANS
Yangon, July 24 (IANS) Myanmar's foreign trade hit nearly $5 billion in the first three months (April-June) of the fiscal year 2012-13, a media report said Tuesday. Of the foreign ... Read more...

Posted in South Asia |

Small mistake can lead to long delays in tax refunds


July 23rd, 2012 - 6:16 pm ICT by IANS
New Delhi, July 23 (IANS) Tax payers should take precautions and avoid small mistakes while filing the returns as it usually leads to long delays in refunds, experts said.Delay in ... Read more...

Posted in Business |

Employees earning up to Rs.5 lakh annually exempt from filing tax return


July 20th, 2012 - 6:18 pm ICT by IANS
New Delhi, July 20 (IANS) Employees with annual income up to Rs.5 lakh are not required to file tax return from the assessment year 2012-13, if there is no other ... Read more...

Posted in Business |

Sri Lanka cricketers end battle for contracts


July 18th, 2012 - 9:11 pm ICT by IANS
Colombo, July 18 (IANS) Sri Lankan cricketers have ended their battle against the authorities over signing of the contracts for the year 2012, an official said Wednesday."The contracts have been ... Read more...

Posted in Sports |

Karachi traders get 200 extortion notes a day


July 18th, 2012 - 8:29 pm ICT by IANS
Karachi, July 18 (IANS) Businessmen in the Pakistani port city have been receiving around 200 extortion notes every day, Geo News reported.At least 18 traders were kidnapped for ransom while ... Read more...

Posted in World |

Smartphones to have computing power of desktops


July 17th, 2012 - 4:00 pm ICT by IANS
Tel Aviv, July 17 (IANS) Battery operated mobile devices like smartphones and tablets are still lagging behind laptops and desktops in sheer computing power, thanks to their negligible RAM (random ... Read more...

Posted in World |

Sensex falls 307 points; likely to remain volatile (Weekly market review)


July 15th, 2012 - 5:57 pm ICT by IANS
Mumbai, July 15 (IANS) Indian stock markets are likely to open volatile Monday, after the benchmark indices snapped five-week of winning spree in the previous week, on disappointing earnings ... Read more...

Posted in Business |

Court asks MCI to grant additional seats in Telangana colleges


July 13th, 2012 - 8:46 pm ICT by IANS
Hyderabad, July 13 (IANS) The Andhra Pradesh High Court Friday directed the Medical Council of India (MCI) to grant 50 additional MBBS seats each to three medical colleges under ... Read more...

Posted in Health |

Sensex tanks 223 points, Infosys down 9 percent


July 12th, 2012 - 2:23 pm ICT by IANS
New Delhi, July 12 (IANS) A benchmark index of Indian equities markets was Wednesday trading 223 points lower in afternoon trade after IT bellwether Infosys issued weak revenue guidance ... Read more...

Posted in Uncategorized |

Zero in exam? In Andhra, you can still get admission


July 7th, 2012 - 4:53 pm ICT by IANS
Hyderabad, July 7 (IANS) They may have handed over blank papers but they have still qualified for admission into professional degree courses in Andhra Pradesh. Unbelievable but true, say officials.Twenty-two ... Read more...

Posted in Uncategorized |

Home loans up to Rs.15 lakh get 1 percent cheaper


July 4th, 2012 - 4:41 pm ICT by IANS
New Delhi, July 4 (IANS) The government Wednesday announced one percent interest subsidy on housing loan up to Rs.15 lakh to give a boost to low-cost housing projects in ... Read more...

Posted in Business |

Haryana to set up 200 hi-tech mini-dairies


July 2nd, 2012 - 8:50 pm ICT by IANS
Chandigarh, July 2 (IANS) To propel the milk revolution in Haryana, the state government has decided to set up 200 hi-tech mini-dairy units across the state this year (2012-13), an ... Read more...

Posted in Business |

E-filing of returns must for people earning over Rs.10 lakh


July 2nd, 2012 - 7:29 pm ICT by IANS
New Delhi, July 2 (IANS) The government has made it compulsory for the people earning more than Rs.10 lakh to file their income tax returns electronically.The Central Board of Direct ... Read more...

Posted in Business |

No OBC reservation in minority institutions: Court


June 25th, 2012 - 3:47 pm ICT by IANS
New Delhi, June 25 (IANS) The Delhi High Court Monday exempted four minority colleges of Delhi University from reserving 27 percent seats for students from Other Backward Classes (OBCs) for ... Read more...

Posted in Uncategorized |

Barlow is celebrity dad of the year


June 16th, 2012 - 5:01 am ICT by IANS
London, June 16 (IANS) Singer Gary Barlow has been named celebrity dad of the year.He was given the title at the Premier Inn Celebrity Dad of the Year contest, ... Read more...

Posted in Entertainment |

‘GDP growth likely to be less than 6.5 percent in 2012-13′


June 10th, 2012 - 6:17 pm ICT by IANS
New Delhi, June 10 (IANS) The gross domestic product (GDP) growth in 2012-13 is likely to be less than 6.5 percent, an industry body said Sunday adding that the government ... Read more...

Posted in Business |

Compulsory disclosure of overseas assets irks taxpayers


June 7th, 2012 - 12:53 pm ICT by IANS
New Delhi, June 7 (IANS) Filing of income tax returns has become more complicated from this year for those having bank accounts or any other assets overseas. The government has ... Read more...

Posted in Business |

Zardari, Gilani to get lifelong security


June 2nd, 2012 - 4:12 pm ICT by IANS
Islamabad, June 2 (IANS) Pakistan President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani will be provided security cover throughout their lifetime. A provision in this regard has ... Read more...

Posted in South Asia |

Special train to spread biodiversity awareness


June 1st, 2012 - 9:11 pm ICT by IANS
New Delhi, June 1 (IANS) In a bid to raise awareness about the unique biodiversity of the country, the central government will be running a 16-coach train named 'Science Express ... Read more...

Posted in Environment |

No new taxes in Akhilesh’s maiden UP budget


June 1st, 2012 - 4:08 pm ICT by IANS
Lucknow, June 1 (IANS) Presenting his maiden budget Friday amid uproar and a walkout by the main opposition Bahujan Samaj Party (BSP), Uttar Pradesh Chief Minister Akhilesh Yadav announced ... Read more...

Posted in Politics |

Rs.35,000 crore loan restructuring for textiles industry


May 29th, 2012 - 9:32 pm ICT by IANS
New Delhi, May 29 (IANS) The government Tuesday announced restructuring a debt of Rs.35,000 crore of textile firms on a case-to-case basis in a bid to revive the debt-stressed ... Read more...

Posted in Business |

Coming up, 100 more skill development centres


May 25th, 2012 - 6:14 pm ICT by IANS
Kolkata, May 25 (IANS) The National Skill Development Corporation (NSDC) will open 100 more training centres in the country, a top official said Friday."Our target has been revised to 400,000 ... Read more...

Posted in Business |

GPF interest rate raised to 8.8 percent


May 24th, 2012 - 9:16 pm ICT by IANS
New Delhi, May 24 (IANS) The government Thursday said deposits under the General Provident Fund (GPF) will attract 8.8 percent interest in 2012-13 against 8.6 percent in the previous year."The ... Read more...

Posted in Business |

Girls outdo boys in CBSE class 10 exams


May 24th, 2012 - 8:56 pm ICT by IANS
New Delhi, May 24 (IANS) Girl students outperformed boys in the Central Board of Secondary Education (CBSE) class 10 examinations, the results of which were released Thursday.Girls recorded a pass ... Read more...

Posted in Uncategorized |

Petrol price hiked by Rs.7, opposition and allies fret (Intro Roundup)


May 23rd, 2012 - 11:58 pm ICT by IANS
New Delhi, May 23 (IANS) India Wednesday hiked petrol prices by an unprecedented over Rs.7 a litre, triggering protests from the opposition and even government allies. But the industry ... Read more...

Posted in Politics |

Petrol price hiked by Rs.7, opposition and allies fret (Roundup)


May 23rd, 2012 - 11:08 pm ICT by IANS
New Delhi, May 23 (IANS) India Wednesday hiked petrol prices by an unprecedented over Rs.7 a litre, triggering protests from the opposition and even government allies. But the industry ... Read more...

Posted in Business |

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