Business

April 2, 2014 5:16 PM

SBI extends special home loan scheme for women

State Bank of India today extended the last date for special home loan scheme offering concessional rate to women borrowers.The SBI said in a statement that special rates were made available up to March 31 but that has been extended till further notice from the bank. Loans of up to Rs 75 lakh would ...

April 2, 2014 2:47 PM

Power Secy in Dhaka; Power sector JVs in NE on talks agenda

A high-level Indian delegation led by Power Secretary Pradeep Kumar Sinha is in Dhaka on a 2 day visit beginning today. The delegation will attend meetings of the Joint Working Group and Joint Steering Committee on the power sector. The Joint Secretary level Joint Working Group meeting is scheduled ...

April 2, 2014 2:47 PM

Power Secy in Dhaka;Power sector JVs in NE on talks agenda

A high-level Indian delegation led by Power Secretary Pradeep Kumar Sinha is in Dhaka on a 2 day visit beginning today. The delegation will attend meetings of the Joint Working Group and Joint Steering Committee on the power sector. The Joint Secretary level Joint Working Group meeting is scheduled ...

April 2, 2014 1:56 PM

AAP accuses MP CM of providing undue benefit to Reliance Power

The Aam Aadmi Party, AAP today accused Madhya Pradesh Chief Minister Shivraj Singh Chouhan of providing undue benefit of 29 thousand crore rupees to the Reliance Power Limited of Anil Ambani in Sasan project in the state. Talking to media persons in Bhopal, chief state spokesperson of the Party Aksh...

April 2, 2014 1:28 PM

Power Secy in Dhaka;Power sector JVs in NE; power exchanges on talks agenda

A high-level Indian delegation led by Power Secretary Pradeep Kumar Sinha is in Dhaka on a 2 day visit beginning today. The delegation will attend meetings of the Joint Working Group and Joint Steering Committee on the power sector. The Joint Secretary level Joint Working Group meeting is scheduled ...

April 2, 2014 1:18 PM

US Cong passes USD 1 bn Ukraine aid package; Bill up for Prez signature

The US Congress passed an aid package for Ukraine that includes sanctions against Russia for annexing Crimea. It is the first binding response of US lawmakers' to the crisis.The House of Representatives voted 378 to 34 to approve the bill, which the Senate okayed last week.The bill, includi...

April 2, 2014 12:57 PM

Power Secy in Dhaka;Power sector JVs in NE power exchanges on talks agenda

A high-level Indian delegation led by Power Secretary Pradeep Kumar Sinha is in Dhaka on a 2 day visit beginning today. The delegation will attend meetings of the Joint Working Group and Joint Steering Committee on the power sector. The Joint Secretary level Joint Working Group meeting is scheduled ...

April 2, 2014 10:56 AM

EC allows RBI to grant new bank licences

In a major move, EC has allowed the Reserve Bank of India, RBI, to issue licences for setting up new banks. In a letter to RBI Governor Raghuram Rajan, the Commission yesterday gave its nod to the central bank for granting in-principle approval for banking licences. The approval came after RBI misse...

April 2, 2014 9:00 AM

WB to boost lending to India, China, Brazil, Mexico and Indonesia

The World Bank is nearly doubling its lending capacity to boost support for middle-income countries like Brazil, China, Indonesia, India and Mexico, because they can provide insight to poorer countries in solving their problems. World Bank President Jim Yong Kim made the announcement in a speech at ...

April 2, 2014 8:57 AM

7 million Americans sign up for Obamacare

The US President Barack Obama says his embattled signature healthcare programme is here to stay after more than 7 million Americans signed up.He told reporters that the law, nicknamed Obamacare, represented progress and benefited the economy. Mr Obama also lashed out at repeated conservative efforts...

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