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Monthly Archives: August 2016

World Bank issues SDR bonds in China at 0.49 pct yield

Agencies, Hong King The World Bank sold its first batch of Special Drawing Right-denominated bonds in China’s interbank market on Wednesday at 0.49 percent, two sources with direct knowledge of the deal told IFR, a publication of Thomson...

Now Kerry talks about intolerance

Agencies, New Delhi Touching a raw nerve, US Secretary of State John Kerry today said polarisation anywhere is not good as it reflects intolerance, frustration with governance. Interacting with students at IIT, Delhi, Mr Kerry said, “We...

Cabinet clears new FDI Policy

Agencies, New Delhi With an aim to attract more investment and create employment opportunities, the government today approved the simplification and liberalisation of the Foreign Direct Investment (FDI) policy, 2016, in various sectors. The...

SC quashes Singur land acquisition

Agencies, New Delhi The Supreme Court today quashed acquisition of 1,000 acres of land in Singur effected by the then Left government in West Bengal in 2006 for setting up of the Nano car unit by the Tata group. “The land acquisition...

3 killed in wall collapse as heavy rain lashes twin cities

Agencies, Hyderabad At least three people including two children, were killed in a wall collapse at Ramanthapur here, even as heavy rain battered the twin cities of Hyderabad and Secunderabad, disrupting normal life today. The government has...

PM wants to reverse , through LG, decisions of AAP taken for people’s benefit : Kejriwal

Agencies, New Delhi Reacting to a statement by Delhi Lieutenant Governor Najeeb Jung that he was in the process of overturning the ‘illegal’ decisions by the Aam Aadmi Party Government, Chief Minister Arvind Kejriwal today said Prime Minister...

PM concerned over Kashmir, assured agenda of alliance will be implemented : Mehbooba

Agencies, New Delhi Jammu and Kashmir Chief Minister Mehbooba Mufti today said Prime Minister Narendra Modi was very much concerned over the situation in the valley and has assured her that the agenda of alliance between PDP and ruling BJP...

Prez calls for evolving consensus on environmental degradation

Agencies, Rajgir (Nalanda) President Pranab Mukherjee today called for evolving a consensus on climate related issues as environmental degradation posed a serious threat to survival of humanity. Maintaining that the symbiotic relationship between...