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Home » Archive for May 5th, 2012

India assumes ADB board of governors’ chair

India assumes ADB board of governors’ chair

Manila, May 5 Indian Finance Minister Pranab Mukherjee was Saturday elected chairman of the board of governors of the Asian Development Bank (ADB) for a year. Mukherjee will hold the chair till the conclusion of the next board of governors’...
India to cut subsidies to 1.75 percent of GDP in 3 years : Mukherjee

India to cut subsidies to 1.75 percent of GDP in 3 years : Mukherjee

Manila, May 5 The Indian government is committed to bringing down subsidies to below two percent of the country’s gross domestic product (GDP) in the current fiscal and cut it further to 1.75 percent in the next three years, Finance Minister Pranab...
Syndicate bank net up marginally in Q4

Syndicate bank net up marginally in Q4

Bangalore, May 5 State-run Syndicate Bank posted Rs.309 crore net profit for the January-March fourth quarter of fiscal 2011-12, registering a marginal increase of seven percent year-on-year (YoY) over the same period in 2010-11. In a regulatory filing,...
IOB mulls new core banking solution

IOB mulls new core banking solution

Chennai, May 5 Government-owned Indian Overseas Bank (IOB) will soon migrate to a new core banking solution (CBS) built on Oracle platform from its own CBS, a senior bank official said Saturday. “The Reserve Bank of India (RBI) wants reports from...
UCO Bank net up by 12 percent in Q4

UCO Bank net up by 12 percent in Q4

Kolkata, May 5 Public sector UCO Bank Saturday said it has registered a 12 percent growth in its net profit to Rs 2.53 billion during the quarter ended March 31, 2012, from Rs 2.26 billion in the same period last year. The total income of the Kolkata-headquartered...
CM’s of Maharashtra & Andhra Pradesh signing of MOU on Dr.B.R. Ambedkar Pranhita Irrigation Project

CM’s of Maharashtra & Andhra Pradesh signing of MOU on Dr.B.R. Ambedkar Pranhita Irrigation Project

Maharashtra C.M. Prithviraj Chavan, Andhra Pradesh Chief Minister, Kiran Reddy and Union Water Resources Minister Pawan Kumar Bansal after signing of MOU on Dr.B.R. Ambedkar Pranhita Irrigation Project Related Posts:Metro rail planned for NagpurMaharashtra...
President, Pratibha Devisingh Patil visiting the Cheetah Outreach Project, in Cape Town

President, Pratibha Devisingh Patil visiting the Cheetah Outreach Project, in Cape Town

President, Pratibha Devisingh Patil visiting the Cheetah Outreach Project, in Cape Town Related Posts:No Related Posts
Indian President, Pratibha Patil visit to Dr. Mandela’s Prison in Robben Island

Indian President, Pratibha Patil visit to Dr. Mandela’s Prison in Robben Island

Indian President, Pratibha Patil visit to Dr. Mandela's Prison in Robben Island Related Posts:No Related Posts
Bangladesh, India to start work on Feni bridge

Bangladesh, India to start work on Feni bridge

Agartala, May 5 India and Bangladesh will start work next week to build a bridge over river Feni in Tripura for access to Bangladesh’s Chittagong sea port to ferry goods and heavy machinery for northeast India, a minister said here Saturday. “Engineers...
BPCL to take 21 percent stake in Kannur airport

BPCL to take 21 percent stake in Kannur airport

Thiruvananthapuram, May 4 Bharat Petroleum Corporation Limited (BPCL), a public sector oil marketing company, will take 21 percent stake in the proposed airport in Kannur in north Kerala for Rs.170 crore, the Kerala government said Friday. In the first...
Air India fined $80,000 in US

Air India fined $80,000 in US

Washington, May 4 India’s national carrier Air India has been slapped a civil penalty of $80,000 by the US Transportation Department for failure to comply with rules concerning extended delays on airport runways. The department imposed the so-called...
Kerala Tourism to hold first-ever road show in Saudi Arabia

Kerala Tourism to hold first-ever road show in Saudi Arabia

Thiruvananthapuram, May 4 Kerala Tourism is holding its first-ever road show in Saudi Arabia from Sunday in a bid to attract more tourists from the Gulf kingdom to the state, an official statement said Friday. “Saudi Arabia is the biggest market...
Haryana, Punjab girls bag top two spots in civil services

Haryana, Punjab girls bag top two spots in civil services

Chandigarh, May 4 Two young women from Haryana and Punjab, the states with one of the worst sex ratios in the country, have secured the top two ranks in the civil services examination. Shena Aggarwal of Haryana’s Yamunanagar town and Rukmani Riar...
NCTC isn’t state versus centre issue: PM

NCTC isn’t state versus centre issue: PM

New Delhi, May 5 Defending the proposed National Counter Terrorism Centre (NCTC), Prime Minister Manmohan Singh Saturday said the anti-terror intelligence hub will “supplement” the anti-terror capabilities of states and “not supplant”...