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Home » Archive for July, 2016

IOC announces Decrease in Price of Petrol by Rs. 1.42/litre, Diesel by Rs. 2.01/litre

New Delhi, July 31 Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f. midnight of 31st July / 1st Aug 2016 Decrease in Retail Selling Price of Petrol by Rs. 1.42/litre at Delhi (including State levies) with corresponding...

PNB to reduce its MCLR from August

Mumbai, July 30 (IANS) State-run lender Punjab National Bank (PNB) on Saturday said that it will reduce its marginal cost of funds-based lending rate (MCLR) from August 1. The bank said in a regulatory filing to BSE that it will reduce the MCLR by 0.05...

Suresh Prabhu flags off Agartala-Delhi train service

Agartala, July 31 (IANS) The 67 years old popular agitation for railway services to Tripura finally culminated in Railway Minister Suresh Prabhu on Sunday flagging off the Agartala-Delhi passenger train services on the newly laid broad gauge track. The...

UP claims increase in state GDP

Lucknow, July 30  The Uttar Pradesh (UP) government has claimed a steady increase in the state’s GDP and per capita income.UP Minister for Economics and Statistics Mehboob Ali has informed that owing to the various schemes run by the state government,...

Total telephone subscription declines in May: Telecom regulator

New Delhi, July 30  Hit by lower subscriptions in urban areas, the total number of telephone users in India declined from 1,059.29 million at the end of April 2016 to 1,058.03 million at the end of May 2016, showing a monthly fall in growth rate of...

No bilateral meeting during Rajnath’s Pakistan visit

By Prakash Bhargava New Delhi, July 30  There will be no bilateral meeting during Union Home Minister Rajnath Singh’s visit to Pakistan next month to attend the Saarc Home/Interior Ministers’ meeting, the External Affairs Ministry made it...
Consider alternative instruments, Jaitley urges investors

Consider alternative instruments, Jaitley urges investors

New Delhi, July 30  Finance Minister Arun Jaitley on Friday made a case for investment into alternative instruments instead of bank deposits for better returns. “The conventional deposit rate, the lending rates, are very low, but you have very...
Indians log highest growth among visitors to Vienna

Indians log highest growth among visitors to Vienna

Vienna, July 30 Not only did 32 per cent more Indians visit this picturesque Austrian capital during the first six months of this year, but their growth was also the highest among any nationality, followed by Britain, as per latest official data. As...

Associates merger with SBI to be done by end-March 2017: Chairperson

New Delhi, July 30  Even as bank employees struck work on Friday on the issue, State Bank of India chairperson Arundhati Bhattacharya said the process of the merger of five associate banks and Bhartiya Mahila Bank with the SBI should be over by next...

Tata Power’s South African wind farm starts commercial operations

Mumbai, July 29 (IANS) Tata Power on Friday announced that Cennergi, its South African joint venture, has started commercial operations there of its 134 MW wind farm project, which is also the Indian firm’s first wind project outside India. “Cennergi...

BPCL acquires 21% stake in Fino PayTech

Kolkata, July 29 (IANS) State-run Bharat Petroleum Corporation Ltd (BPCL) on Friday said it has acquired 21 percent stake of Fino PayTech Limited for a consideration of Rs 251 crore in an all cash deal. “BPCL has entered into an agreement for acquiring...

Himachal inks MoU to set up hydro engineering college

New Delhi, July 29 (IANS) The Himachal Pradesh government on Friday signed a memorandum of understanding with two hydroelectric companies to set up a hydro engineering college in the state’s Bilaspur district. The agreement with the National Thermal...

BHEL bags EPC orders for 80 MW Solar Photovoltaic Power Plants

New Delhi, July 29: Bharat Heavy Electricals Limited (BHEL) has bagged prestigious orders for setting up 80 MW of Solar Photovoltaic (SPV) Power Plants on Engineering, Procurement and Construction (EPC) basis. Cumulatively valued at Rs.437 Crore, the...
Piyush Goyal, MoS (I/C) for Power, Coal, New & Renewable Energy and Mines along with the newly recruited Urban Vidyut Abhiyantas

Piyush Goyal, MoS (I/C) for Power, Coal, New & Renewable Energy and Mines along with the newly recruited Urban Vidyut Abhiyantas

Piyush Goyal, Union Minister of State (I/C) for Power, Coal, New & Renewable Energy and Mines along with the newly recruited Urban Vidyut Abhiyantas (UVAs) to be placed in State Power Distribution Companies as part of Integrated Power Development...

Hillary Clinton accepts historic Democratic presidential nomination

Philadelphia, July 29  Promising a populist agenda to build a better nation based on unity, Hillary Clinton on Thursday night aceppted the Democratic Party’s historic presidential nomination making her the first women candidate of a major US party...

Rs 4,000 crore to be invested in Tripura for road, infra development

New Delhi, July 29  Ministry for Road, Transport and Highway (MoRTH) has planned to invest around Rs 4,000 crore for the development of highways and infrastructure in Tripura, said an official statement.The work will be executed by the state Public Works...
India, Bangladesh resolve to fight terrorism together

India, Bangladesh resolve to fight terrorism together

New Delhi, July 29  India and Bangladesh on Thursday agreed on the need to operationalise the agreements on combating terrorism, organized crime and illicit drug trafficking. Uinon Home Minister Rajnath Singh assured Bangladesh of India’s fullest...
PM reviews NITI Aayog vision document, pushes for innovation

PM reviews NITI Aayog vision document, pushes for innovation

New Delhi, July 29 The 15-year long term plan Vision Document prepared by NITI Aayog has drawn out ambitious plans for the country’s development, towards eradicating poverty and achieving targets of sustainable development, Vice Chairman of the...
‘Tourists from across the world must visit India to see Tiger’: Environment Minister

‘Tourists from across the world must visit India to see Tiger’: Environment Minister

The Minister of State (Independent Charge) of Environment, Forest and Climate Change, Anil Madhav Dave has exhorted tourists from across the world to come to India to see the Tiger. Speaking at a function to celebrate the International Tiger Day today,...
PNB Declares Financial Results for Q1 Fy’17

PNB Declares Financial Results for Q1 Fy’17

Punjab National Bank concluded the first quarter of FY’17 with the Global Business at Rs 9.46 lakh crore.  While the Global Deposits of the Bank reached Rs 5.54 lakh crore, the Net Advances stood at Rs 3.92 lakh crore as on 30th June’16. The Bank...
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