National

August 18, 2012 4:26 PM

Chidambaram asks banks to cut interest rates

Finance Minister P. Chidambaram has asked the banks to cut interest rates, aggressively expand their operations and extend credit to vital sectors to revive the engine of economic growth. Briefing the media after his review meeting in New Delhi, with the Chief Executives of Public Sector Banks and F...

August 18, 2012 2:05 PM

Ramesh to give 1% Ministry budget for women welfare

Union Rural Development, Drinking Water and Sanitation Minister Jairam Ramesh today announced that his ministry will allocate one per cent of their budget for women welfare. The budget of the Rural Development Ministry is Rs 99,000 crore at present. Ramesh was addressing a function in New Delhi on l...

August 18, 2012 1:56 PM

Rumour-spread leads to ban on bulk SMSing

The Government has banned bulk SMSes and MMSes for 15 days across the country to check spread of rumours. The decision was taken after reports of widespread circulation of SMSs and MMSs containing misleading information about the Assam violence, threats to people of northeast living in other parts o...

August 18, 2012 1:09 PM

Govt calls CAG reports erroneous & misleading

The Government has dismissed the Comptroller and Auditor General (CAG) report estimating a Rs 1.86 lakh crore gain to private firms in the allocation of coal blocks as misplaced. Addressing a Press Conference in New Delhi, Coal Minister Sriprakash Jaiswal said the policy followed by the Government w...

August 18, 2012 12:58 PM

Tihar to set up bio-fuel plant

In an eco-friendly initiative, Tihar Prison has joined hands with Bhabha Atomic Research Centre to set up a bio-gas plant on its premises. The plant will utilise the waste from its nine jails. It will then help generate bio-fuel, which can be used for cooking and meeting the electricity needs of the...

August 18, 2012 11:34 AM

Prez greets nation on Navroz

President Pranab Mukherjee, Vice-President Mohd Hamid Ansari and Prime Minister Dr. Manmohan Singh have greeted the people on the occasion of Navroz--the Parsi New Year Day being celebrated today. In his message, the President said Navroz celebrations symbolised the composite culture of the country....

August 18, 2012 11:25 AM

Pak violated ceasefire, fired 9 times in 10 days

Pakistani troops have fired at Indian posts across the LoC and the international border in Jammu as many as nine times over the last 10 days. It is a blatant violation of the 2003 ceasefire accord and India has lodged its protest.The Army says the Pakistan troops were giving cover fire to more terro...

August 18, 2012 9:15 AM

Govt disconnects over 51,000 telephone numbers

The Government has disconnected over 51,000 telephone numbers of such subscribers who had not registered as a telemarketer but were doing telemarketing activities. Notices have been served on nearly 88,300 subscribers who have carried out similar violations. A press release said that the government ...

August 18, 2012 9:15 AM

KC Chakrabarty reappointed as RBI Deputy Governor

Dr. K. C. Chakrabarty has been re-appointed as Deputy Governor of Reserve Bank of India. A RBI press release informs that his tenure will now last upto 30th June, 2014, that is till he attains the age of 62 years or until further orders. Chakrabarty was appointed as RBI's Deputy Governor in 2009 for...

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