Banks to disburse Rs 7,50000 crore as agriculture loan: FM

India at topmost position in global spices exports: Anand Sharma<br/>

Provisional list of new bank licenses to be announced by January: RBI Dy-governor<br/>

Reserve Bank Deputy Governor K C Chakrabarty has said only a provisional list of new bank licenses will be announced by January. Talking to media persons in Mumbai, Chakrabarty said it will take at least two years for a new bank to become operational. RBI Governor Raghuram Rajan had earlier mentione...

Gulf economies to expand 4.4% in 2014: IMF

The International Monetary Fund has projected that the economies of the six Gulf Arab monarchies will expand by 4.4 per cent in 2014. The aggregate economic growth in 2013 for the Gulf Cooperation Council will be at 3.7 per cent. Addressing a meeting of the finance ministers of the six gulf countrie...

GITEX Shopper opens in Dubai Today

The largest Consumer IT and Electronics Show in the gulf region, GITEX Shoppers got underway in Dubai today. Premium brands from all over the world , around 120 of them are showcasing their state of art consumer IT and electronics products at the show. Several companies have announced the launch of ...

Blame high inflation, not RBI, for killing growth: Deputy governor<br/>

RBI Deputy Governor K C Chakrabarty says, it is unfair to blame the central bank for low growth. Addressing students of a management school in Mumbai today he said the basic complaint against RBI is that it is killing growth by keeping interest rate high.But, he said, people forget that interest rat...

Sale of five kilogram LPG cylinder in four metro cities starts today

Sale of five kilogram cooking gas (LPG) cylinder at select petrol pumps in four metro cities of Mumbai, Chennai, Kolkata and Bengaluru starts today. The sale will not be allowed in Delhi, as it is a poll-bound state. The step is in the series of customer empowering initiatives by the Oil Ministry. T...

The US and EU defer negotiations for a free trade deal following US government shut down

As a fall out of the partial government shut-down in the United States, negotiations for a free trade deal between the US and European Union,EU, have been postponed, US officials have confirmed that the talks, which were due to be held next week, have been put on hold.The deal was to be thrashed out...

Prime Ministers of India and Bangladesh will jointly inaugurate the Bharat- Bangladesh Vidhyut Sanchalan Kendra at Bheramara, Bangladesh today through video conferencing. With the switching on of the India-Bangladesh Electricity Grid Interconnection, 175 MW of power will start flowing to Bangladesh ...

Belgium assures India of its co-operation for an early conclusion of Broadbased Trade and Investment Agreement with EU

Belgium has assured India of its co-operation for an early conclusion of the Broadbased Trade and Investment Agreement with the European Union, EU.Stating this in an exclusive interview to AIR News in Brussles on Friday evening, the Indian Ambassador to Belgium and European Union, Dinkar Khullar sai...