Search Results for: Debt trap

Indian Boxers and Badminton Players in Action Today; Watch London Olympics Events Live

After a disappointing show following Gagan Narang's bronze medal performance at the ongoing London Olympics, some big guns in Indian camp including Saina Nehwal, Parupalli Kashyap and Vijender Singh will be seen in action on Thursday. You can watch Indians in action at the Olympics and other events on Doordashan, ESPN and Star Sports channels.

Aug 2, 2012

RBI Maintains Hawkish Stance on Repo Rate Amid High Inflation Risks

The Reserve Bank of India (RBI) on Tuesday left its repo rate unchanged at 8 percent in its quarterly monetary policy review on Tuesday, in view of high inflation and fiscal disappointments that marked an economic setback in almost a decade.

Jul 31, 2012

2012 London Olympics: Free Android Apps to Stay Connected with the Games

If you've been meddling between your daily tasks and watching TV to keep up with the latest developments of the 2012 London Olympics, you can opt for smarter ways to stay connected with the ongoing mega sports event.

Jul 30, 2012

6-Year-Old Girl Killed and Eaten by Leopard in Mulund

In a tragic incident late on Sunday night, a six-year-old girl was killed and partially devoured by a man-eating leopard, which reportedly emerged from the Sanjay Gandhi National Park (SGNP) near Mulund, located just behind the slum where the child used to live.

Jul 18, 2012

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Kingfisher Airlines Cancels Over 40 Flights as Pilots go on Strike

Debt-ridden Kingfisher Airlines cancelled as many as 41 flights on Saturday after a section of staff restored to strike demanding immediate payment of their due salaries. The striking airlines pilots have alleged that the airlines management haven't paid salaries for about five months.

Jul 14, 2012

Supreme Court Relief For Mayawati In Disproportionate Assets Case: FIR Against Her Quashed

The Supreme Court cut former Uttar Pradesh Chief Minister Mayawati's problems in half by quashing an FIR filed by CBI against her in a disproportionate case.

Jul 6, 2012

Galaxy S3 Catapults Samsung to $5.9 Billion Second Quarter Profit Despite Euro Crisis

Samsung Electronics reportedly posted a record profit of $5.9 billion for its second quarter results, despite the eurozone debt crisis causing less demand for the company's televisions and home appliances.

Jul 6, 2012

Samsung Galaxy Nexus Sales Banned in US: Apple Clearing Path for iPhone 5?

Technology giant Apple has finally scored success in blocking sales of the Samsung Galaxy Nexus in the US, with Judge Lucy Koh issuing a ban stating that the handset has infringed four Apple patents.

Jul 2, 2012

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'Govt Owes Deep Debt of Gratitude to You,' PM writes to Pranab Mukherjee

Prime Minister Dr Manmohan Singh has written a letter to Presidential candidate Pranab Mukherjee after receiving his resignation letter on Tuesday, saying that "the government owes a deep debt of gratitude to him."

Jun 27, 2012

Grameen Koota Raises ₹250 Million Through NCDs

Grameen Financial Services Private Limited (GFSPL), a microfinance institution (MFI) headquartered in Bangalore, has raised debt funds to the tune of ₹250,000,000 from Social Investments AG via secured, redeemable, non-convertible debentures (NCDs).

Jun 26, 2012

Fitch Rates India's Outlook to Negative; Finance Minister Says Positive Economic Trends Ignored

Fitch Ratings on Monday changed its outlook on India's credit to negative from stable.

Jun 19, 2012

Indian Economy To Grow at 6.9% For 2012: World Bank

The Indian economy is set to grow 6.9 percent in the current financial year as projected by the World Bank on Wednesday.

Jun 13, 2012

India's Economic Growth Will Slowdown to 6.7%, says United Nations

India's growth story sees no sign of significant revival, with the United Nations on Thursday forecasting the nation's economic growth at 6.7 percent for 2012.

Jun 8, 2012

India Ranks Third in World Realty Price Rise; Global House Price Index Stung By Europe Woes

India has bagged third position among 53 countries where realty prices are high, with the nation witnessing a 12 percent surge in property prices during the first quarter of the year

Jun 6, 2012

India Adopts Austerity Plan; Analysts Say Measures Won't Impact Unproductive Expenditures

Prompted by the growing fiscal deficit, the Indian government on Thursday announced several austerity measures in an attempt to curtail unproductive expenditures for the current fiscal.

Jun 1, 2012

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