The government on Friday approved Rs 15,000 crore capital infusion in public sector banks (PSBs) in the current fiscal, a move that will increase the lending capacity of the banks by Rs 1.85 lakh crore. For the year 2010-11, a sum of Rs 15,
Government on Friday did not rule out setting up of a joint parliamentary committee (JPC) to probe into the IPL controversy with finance minister Pranab Mukherjee saying a decision would be taken after "due diligence." "It (a
People of Beit Jala, a Palestinian village, have probably not read Arundhati Roy`s 32-pager call to arms. She, on her part, probably does not know what they are up to. The Beit Jala people, according to a BBC
A project of Rs 473 crore for promotion of use of renewable energy in Ladakh was approved by the cabinet committee on infrastructure on Friday, a press release from the ministry of new and renewable energy said. Thirty small/ micro hydel p
In coming 20 years, India needs to invest $2.2 trillion (Rs 97.35 lakh crore) on its cities to meet the urban infrastructure demands, the global consultancy firm McKinsey says in its latest report. The study further states that 40 percent of India
Here we reproduce the moneylife story as it raises substantial issues of financial governance: Audacious IPO by loss-making Nitesh Estates backed by investment from Times
State-owned Air India delayed payment of March`s salary to its employee by a month as it had to meet year-end expenses for various purposes, Parliament was informed today. "The salary for the month of March, 2010, was paid to t
The government is "watching very carefully" the affairs of the Indian Premier League and it is time the cricket board BCCI is made accountable to the country, Sports and Youth Affairs Minister M S Gill said today. "IP
More than four decades ago, as an eight-year-old boy in a village in Bokota Mauza of Sibsagar district of Assam, I had a big fascination for assisting my uncle in his farming works, in a way, more than my studies. I liked my uncle especially when
Leaders of 13 parties, including the Left, today said they will move a cut motion to seek roll back in the hike in prices of petrol, diesel and fertiliser on April 27, the day they have called a nationwide general strike on the issue.
The issue of displacement of poor and demolition of slums in Delhi to carry out construction relating to the Commonwealth Games was raised in the Lok Sabha today by an independent member. Raising the matter during Zero Hour, Tarun M
After Shashi Tharoor, it is now Civil Aviation Minister Praful Patel giving clarifications over his alleged role in the IPL imbroglio. Tharoor had to go. Will Patel`s fate be different? Just before the franchisee bids opened in Marc
Diagnosing TB (Tuberculosis), which normally takes more than eight weeks with the present available technology, will soon be done within three weeks in the city, preventing first-stage TB cases from becoming drug-resistant. New Delhi Tuberculosis
The government has rejected the sugestion to introduce two time zones in the country. “The committee has recommended advancing the work/institutional timing in appropriate states would be more effective solution which can be implemented thro
(From The Economic Times) Secy for
At a seminar held on Wednesday, experts underlined the need for the police to engage with local communities in fighting crime and law enforcement. “Local cooperation with law enforcement agencies is extremely important like it happene
Food inflation rose to 17.65 per cent in the second week of April as essential items such as milk and rice remained costly. This may push the overall inflation to double digits. The Reserve Bank on Tuesday raised key rates to squee
The Delhi government on Thursday flagged off specially designed vehicles for mobile patroling to enforce motor vehicle rules and permit conditions. These 35 vans are eqipped with global positioning system (GPS), on-board computer linked to the m
After the devastating fire in IOC depot in Jaipur last year, government on Thursday said it was considering shifting 45 such installations from densely populated regions to remote areas. Replying to supplementaries, minister of state for p
A day after civil aviation minister claimed he was not associated with the IPL in any way, it has emerged that his office was in touch with the former junior foreign minister Shashi Tharoor over the projected valuation of the new franchisee.