Search Results for: mutual funds

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N Ramachandran elected unopposed as IOA President

New Delhi, Feb 09 (ANI): BCCI Chief N Srinivasan's brother N Ramachandran was elected unopposed as the president of the Indian Olympic Association (IOA). The polls may finally pave the way for India's return to the Olympic fold since it was suspended by the International Olympic Committee (IOC) in December. Ramachandran hoped that the Indian athletes don't face any problem in future as they will be allowed to carry Indian flags soon. He also said that as an association, he will try to ensure that athletes get enough funds and training so that they can perform better. Feb 9, 2014
rahul-gandhi-accuses-bjd-of-stealing-funds-party-calls-it-desperation-before-polls

Rahul Gandhi accuses BJD of stealing funds, party calls it desperation before polls

New Delhi, Feb 09 (ANI): Reacting on Rahul Gandhi's accusations that the BJD government in Odisha is stealing funds and that it has done nothing for people, the party leader Kalikesh Narayan Singh Deo said that it is mere desperation of Congress party before 2014 general elections. Deo said that the people of Odisha have elected BJD for the last three years and will continue doing it and that they know what the government has done for them. Feb 9, 2014
india-must-spend-2-per-cent-gdp-on-science-manmohan-singh

India must spend 2 per cent GDP on science: Manmohan Singh

Jammu, Feb 04 (ANI): As he pitched for more funds to promote science, Prime Minister Manmohan Singh said that the country's annual expenditure on science and technology should be atleast two per cent of the GDP. Singh was addressing the Indian Science Congress for the tenth year in succession in Jammu where he said India needs to leverage the ability of modern science to deliver value to society. The event was attended by several scientists, noble laureates, Union Science and Technology Minister S Jaipal Reddy, and J&K Chief Minister Omar Abdullah. The meet will last for five days. Meanwhile, Singh also congratulated scientists for their achievements in the field of space and technology. Feb 4, 2014
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Communal harmony leading to growth & prosperity in India

Kerala, Feb 03 (ANI): The state of Kerala, located in southern India is not just a delight for tourists but also it is the forerunner among Indian states in education, living standards, and harmonious coexistence. The mutual affection and cooperation between different communities was visible recently in an aqua show organised in Kochi, the port city of the state. Here every year colorful and uniquely found marine fishes are put on display by people belonging from different communities of the country. Organized by the state government and the fisheries department of India, this show attracts huge crowd, which witnesses a large collection of ornamental fish, aquariums, aqua foods, medicines and related equipment. Feb 3, 2014
cag-audit-will-tell-where-the-money-went-kejriwal-on-power-tariff-hike

'CAG audit will tell where the money went': Kejriwal on power tariff hike

New Delhi, Feb 01 (ANI): Reacting to the hike in power rates, Delhi Chief Minister Arvind Kejriwal on Saturday said that the Comptroller and Auditor General's (CAG) report on discoms would ascertain the lack of funds as stated by power distribution companies. Earlier on Friday, the Delhi Electricity Regulatory Commission (DERC) announced a hike in the power tariff ranging from 6 to 8 percent applicable from February 1 onwards. Feb 1, 2014
discom-threatens-10-hr-power-cuts-in-east-delhi-congress-bjp-attack-aap

Discom threatens 10 hr power cuts in east Delhi; Congress, BJP attack AAP

New Delhi, Jan 31 (ANI): The Congress and BJP slammed the Aam Aadmi Party on Friday after Discom BSES Yamuna Power Ltd (BYPL) warned that it would be forced to resort to daily power cuts of up to 10 hours from February because it has no funds to pay public sector generation units for power supplies. Both the party claimed that the Delhi government is unable to govern Delhi and people would have to face problems because of it. Jan 31, 2014
discom-threatens-10-hour-power-cuts-in-east-delhi-aap-threatens-to-cancel-licence

Discom threatens 10 hour power cuts in east Delhi, AAP threatens to cancel licence

New Delhi, Jan 31 (ANI): After Discom BSES Yamuna Power Ltd (BYPL) warned that it would be forced to resort to daily power cuts of up to 10 hours from February because it has no funds to pay public sector generation units for power supplies, the Delhi government on Friday said that it is not going to bow down by this attitude. AAP leader Gopal Rai said that if the company cuts power their licence would be cancelled. Jan 31, 2014
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India, Fiji sign DTAA to avoid double taxation

New Delhi, Jan 31 (ANI): India and Fiji signed a pact to avoid double taxation and to facilitate mutual economic co-operation between the two countries. The Government of India signed the Double Taxation Avoidance Agreement (DTAA) with the Government Fiji that also provides for exchange of banking information for tax administration purpose. The pact was signed in New Delhi by India’s Finance Minister P Chidambaram and the Attorney General and Minister of Justice, Aiyaz Sayed-Khaiyum on behalf of the Government of Fiji. Speaking on the occasion, Chidambaram said the need for DTAA between the two countries was required and negotiations were already completed in 2011. Jan 31, 2014
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Indian banks to wait before hiking loan rates post RBIs tightening

Mumbai, Jan 29 (ANI): Top Indian bankers said that they would wait to observe inflation and market trends further, before increasing the interest rates of loans to citizens for balancing funds due to the sudden hike in repo rate by the RBI. Reserve Bank of India (RBI), surprisingly raised interest rates for lending money to commercial banks on Tuesday to dampen inflation, saying it was now better prepared to deal with the risk of major capital outflows roiling emerging economies. The RBI, however, said that if retail inflation eases as projected, it does not foresee further near-term monetary policy tightening. The hike in repo rate could have a direct impact on the lending rates of funds borrowed by the citizens from the commercial banks. Meanwhile, chief of Indian Banks’ Association, K.R. Kamath, said that banks would have to take a final call on the interest rates only after considering the burden on customers due to inflation. Jan 29, 2014
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India, Japan open strategic dialogue on technology collaborations

New Delhi, Jan 26 (ANI): India and Japan discussed strategic and technological collaborations as Asia's two largest economies close ranks against mutual rival, China, by strengthening business and bilateral ties. Japanese Premier Shinzo Abe, along with his wife Akie Abe arrived in New Delhi on Saturday afternoon. India's Trade Minister, Anand Sharma applauded Tokyo's commitment to the Indo-Japanese relations and called for strengthening the pact, bolstering business ties between the two Asian giants. Jan 26, 2014
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