Search Results for: Mutual funds

national-herald-case-hc-exempts-sonia-and-rahul-from-appearing-in-court-till-aug-13

National Herald Case: HC exempts Sonia and Rahul from appearing in Court till Aug 13

New Delhi, Aug 06 (ANI): Congress leader and advocate Abhishek Manu Singhvi on Wednesday said that the High Court has exempted Congress President Sonia Gandhi and Vice President Rahul Gandhi from appearing in the Court till August 13. Senior BJP leader Subramanian Swamy had filed a petition alleging misappropriation of assets worth Rs 2000 crore of the National Herald newspaper. Swamy had also accused Sonia, Rahul and others of conspiring to cheat and misappropriate funds by just paying Rs 50 lakh by which Young Indian obtained the right to recover Rs 90.25 crore which the Associate Journal Limited had owed to the Congress party. Aug 6, 2014
rbi-keeps-repo-crr-unchanged-cuts-slr-by-50-bps

RBI keeps repo, CRR unchanged; cuts SLR by 50 bps

Mumbai, Aug 05 (ANI): India_s central bank, Reserve Bank of India (RBI), keeps its key policy repo rate unchanged as widely expected, but lowers banks_ minimum bond holding requirements, known as the statutory liquidity ratio (SLR) by half a percentage point. The RBI has lowered the SLR, by half a percentage point to 22 percent to free up more money for lending, effective from August 09. RBI governor Raghuram Rajan said the move was aimed at giving more funds to private sector and for the public sector firms. The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point. Aug 5, 2014
Lakshmi Mittal

Lakshmi Mittal to Own Mountain Range in Britain?

Billionaire Lakshmi Mittal, the steel tycoon whose name features among the richest in the world, has reportedly bid for a 2,850-high mountain range in Britain, the asking price for which hovers at 1.75 million Pounds. Aug 4, 2014
Jennifer Lawrence

Jennifer Lawrence and Nichlolas Hoult's Break-Up: The Truth Revealed

Jennifer Lawrence and Nicholas Hoult are plagued by split rumors for weeks now. Adding more fuel to the report of their split, Hoult was spotted with Riley Keough at NYC hotspot No. 8 on July 23. He was also seen grabbing a meal with his "Equals" co-star Kristen Stewart. Aug 2, 2014
Godzilla

KCR Plans Hollywood-Style Film City in Hyderabad

Telangana Chief Minister K Chandrasekhar Rao on Thursday, 31 July, asked his officials to prepare a plan to build "Cinema City" or film city in 2,000 acres in and around Hyderabad city on the lines of Hollywood. Aug 1, 2014
political-leaders-react-as-ed-registers-preliminary-enquiry-to-probe-national-herald-case

Political leaders react as ED registers preliminary enquiry to probe National Herald Case

New Delhi, Aug 01 (ANI): Political leaders gave mixed reaction as the Enforcement Directorate (ED) registered a preliminary enquiry in the National Herald case in which Congress President Sonia Gandhi and Vice President Rahul Gandhi have been accused by BJP leader Subramanian Swamy. Gandhis are accused of cheating and misappropriation of funds in acquiring ownership of now-defunct daily. Meanwhile, Congress party had also filed a petition in the High court in the case, the hearing to which will take place on Friday. Aug 1, 2014
eager-to-support-india-to-bolster-mutual-economic-growth-says-u-s-commerce-secretary

Eager to support India to bolster mutual economic growth, says U S commerce secretary

Mumbai, July 31 (ANI): U S Secretary of Commerce, Penny Pritzker, expressed eagerness to support and partner with India to bolster mutual economic ties at en event in Mumbai. Pritzker, who arrived in India on Wednesday, attended the interactive session with industry officials that was organised by Confederation of Indian Industry (CII). Pritzker emphasised that throughout the visit, she and her team will continue to emphasise on strategic dialogue, which is a mechanism to reinvigorate, re-energize and strengthen the U.S.-India economic relationship. While addressing the interactive session, she said Unites States is ready to share their best practices and create a business climate in India that is more open for global investment. The U.S. Secretary of Commerce added that the two-way trade between India and America has grown more than five-fold since 2000 to $96 billion, supporting about 45,000 jobs. Jul 31, 2014
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