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November 7, 2013 8:49 PM

PM stresses need to improve quality of higher educationneed

Presidranab Mukherjee has said government's effort to increase quantity in higher education must be matched with commensurate efforts to improve quality. Inaugurating the conference of Directors of National Institutes of Technology (NITs) in New Delhi today, Mr. Mukherjee noted the government i...

November 7, 2013 8:10 PM

CCEA approves Power Grid's 17% follow-on public offer

The Cabinet Committee on Economic Affairs (CCEA) today cleared a proposal to disinvest 17 percent of paid up capital for Follow-on Public Offering- FPO of State-owned Power Grid Corporation of India. Power Minister Jyotiraditya Scindia told reporters after the CCEA meeting that the FPO includes 13 p...

November 7, 2013 1:19 PM

India-US naval exercise, Malabar, underway in Bay of Bengal

India-US naval exercise named Malabar 2013 is underway in the Bay of Bengal. It is the latest in a continuing series of exercises conducted to advance multinational maritime relationships and mutual security issues. According to an official release, the exercise features both ashore and at-sea train...

November 7, 2013 1:01 PM

Kuwait PM arriving in capital today on India visit

The Prime Minister of Kuwait Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah is arriving in New Delhi this evening on a four day state visit. He will be accompanied by a high-level delegation, including ministers, senior officials and captains of industry. During his stay, he will call on President Pranab...

November 7, 2013 10:17 AM

RBI permits foreign bank subsidiaries to acquire domestic private sector banks

The Reserve Bank has permitted wholly-owned subsidiaries of foreign banks to acquire domestic private sector banks as well as set up branches anywhere in the country. In certain sensitive locations, RBI's permission will be required to open branches. It has also allowed foreign bank subsidiarie...

November 6, 2013 8:25 PM

BJP releases first list of its candidates for Delhi Assembly polls

BJP today released the first list of its 62 candidates for the forthcoming Assembly polls in Delhi. Party Chief Ministerial candidate Dr Harsh Vardhan will contest from Krishna Nagar and former State President Vijendra Gupta will contest from New Delhi constituency which is represented by Delhi Chie...

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