India now 8th biggest IMF shareholder
With the government deciding Tuesday to increase its contribution to the International Mone-tary Fund, India will become the eighth-largest shareholder in the multilateral agency. The decision came after the IMF’s 14th general review of quotas.
Festive indulgence
It’s Diwali and it’s not always about the ladies! This year gifting options are plenty for those who want to splurge. Fashion guru Prasad Bidapa believes the complete look is what one should strive for whether it is in Western or Indian
1,940 banks in India ‘de-listed’ for visas to U.K.
Britain has released a list of almost 2,000 banking institutions in India whose financial statements will not considered valid for the purpose of issuing student visas.
Manufacturing policy aims at 100m new jobs
Aiming to set up a slew of mega industrial zones and to create over 100 million new jobs by 2022, the government on Tuesday cleared the much-awaited National Manufacturing Policy.
Savings rates freed, but loans get dearer
In a surprise gift to depositors, the Reserve Bank of India announced the path-breaking deregulation of rates on savings deposits, which had been talked about for a year.
There can’t be two No. 2 in govt: Advani
Senior BJP leader L.K. Advani on Monday sounded critical of the Prime Minister Manmohan Singh’s direction that either finance minister Pranab Mukherjee or home minister P. Chidambaram should remain in Delhi to look after the day-to-day affairs of the government in his absence. “As per practice, the Prime
‘Chauhan Report submitted twice to Lokayukta’
The Union home ministry on Monday said it had submitted its replies to Delhi Lokayukta twice about the reasons behind the decision of President Pratibha Patil to reject its recommendation for removal of PWD minister Raj Kumar Chauhan for his alleged involvement in a tax-evasion case.
Another K’taka BJP leader to face probe
Adding to the BJP government’s growing embarrassment, the Lokayukta police will now register a first information report against state industries minister Murugesh Nirani on Wednesday after the special Lokayukta court on Monday
Royals in india
Prime Minister Manmohan Singh and President Pratibha Patil greet Bhutanese King Jigme Khesar Namgyel Wangchuk and his wife Queen Jetsun Pema at Rashtrapati Bhavan in New Delhi on Monday.
Cops seize more illegally stored crackers in city
The police seized 3,605 kg of illegally stored crackers from three godowns in the city and arrested three persons.