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Home » Archive for December 16th, 2011

tourism-rajasthan-fi

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pnb-logo

Delhi Bankers join hands to Fight frauds under Cheque collection ( CTS).

New Delhi, Dec 16 Cheque Truncation system was started by RBI on 01.07.2009 as a pilot project inDelhi. There has been sudden spurt in frauds under CTS, where the fraudster tendered fake / fabricated / stolen and altered cheque. The presenting banks...
President Pratibha Patil with Christmas Carols choir artists

President Pratibha Patil with Christmas Carols choir artists

President of India, Pratibha Devisingh Patil attended the Christmas Carols programme at Rashtrapati Bhavan on December 16, 2011. Photo shows the President With choir artists
kudankulam-plant

Kudankulam n-plant to be operational within weeks: PM

Moscow, Dec 16 The Russian-built unit I of the Kudankulam nuclear plant in Tamil Nadu will be operationalised “in a couple of weeks”, Prime Minister Manmohan Singh said here Friday, expressing confidence the Indian government will convince...
sail

Burn Standard refractory unit becomes wholly-owned SAIL subsidiary

New Delhi, Dec 16 Maharatna Steel Authority of India Limited (SAIL) today signed a deed of transfer with Burn Standard and Co. Ltd. (BSCL) for the transfer of BSCL’s Refractory Unit at Salem to the newly formed subsidiary of SAIL, namely SAIL Refractory...
cis-logo

India may join Russian-led economic union

Moscow, Dec 16 A three-nation economic union in the Commonwealth of Independent States could be expanded with India and Russia Friday deciding to jointly study the possibility of India joining the grouping. During their delegation level talks here, the...
unsc

India strong candidate for permanent UNSC membership: Russia

Moscow, Dec 16 Russia Friday reaffirmed its support for a permanent seat for India in an expanded United Nation Security Council (UNSC) with President Dmitry Medvedev terming it “a strong candidate” for a place on the international body’s...
sukhoi-jets

India, Russia sign five deals, including for Sukhoi jets

Moscow, Dec 16 India and Russia Friday signed five major agreements, including one on licensed production of an additional 42 Sukhoi combat planes and another on managing fly ash residue at thermal plants in Siberia. The agreements were signed after three-hour-long...
SAILChairman Mr C.S. Verma receiving ‘Industry Excellence Award 2011′

SAILChairman Mr C.S. Verma receiving ‘Industry Excellence Award 2011′

Steel Authority of India Ltd. Chairman C.S. Verma (left) receiving the prestigious ‘Industry Excellence Award 2011’ of The Institution of Engineers (India) in the category for Overall Business Excellence & Industry Practices, from Karnataka Industries...
Govt. to review cap on NavRatna &  MahaRatna: Patel

Govt. to review cap on NavRatna & MahaRatna: Patel

New Delhi, Dec 16 The government is considering review of cap on NavRatna and MahaRatna PSUs and a concrete proposal in this regard is likely to be put up to the cabinet, said Mr Praful Patel at the ASSOCHAM conference on Public Sector Enterprises held...
Sensex slips sharply in afternoon trade

Sensex slips sharply in afternoon trade

Mumbai, Dec 16 A benchmark index for Indian equities Friday fell sharply in afternoon trade as selling intensified in capital goods and banking stocks. Traders booked profits in stocks which had risen in anticipation of the Reserve Bank of India not hiking...
suomem-pankki

Recession possible in Finland: Official

Helsinki, Dec 16 Finland’s central bank governor warned Thursday Finland could slip back into recession next year. The country’s economic situation deteriorated significantly due to the eurozone sovereign debt crisis, governor of the Bank...
mariano-rajoy

Spain’s incoming PM warns of unpleasant economic measures

Madrid, Dec 16 Incoming Spanish Prime Minister Mariano Rajoy has said the measures his government plans to undertake will not be “pleasant”. Rajoy made the remark Thursday after his meeting with King Juan Carlos II, reported Xinhua. The prime...
pranab

Rate pause will help regain growth momentum: Pranab

New Delhi, Dec 16 The Reserve Bank of India’s decision to keep key rates unchanged will help improve business sentiments and regain economic growth momentum, Finance Minister Pranab Mukherjee said Friday. “I am hopeful today’s announcement...
rbi

India’s central bank hits pause button on rate hikes

Mumbai, Dec 16 India’s central bank Friday kept key rates unchanged – after as many as 13 successive hikes since early 2010 – in a bid to spur growth, while also drawing some comfort from the easing of annual inflation. “While...
Uranium Deal : WIN-WIN FOR AUSTRALIA, INDIA …

Uranium Deal : WIN-WIN FOR AUSTRALIA, INDIA …

Uranium Deal WIN-WIN FOR AUSTRALIA, INDIA Dr PK Vasudeva By Col. (Dr.) P. K. Vasudeva (Retd)  New Delhi, Dec 16, 2011: Australia’s decision lift its ban on uranium sales to India is well considered as it will result in flowering of a closer strategic...