Search Results for: Co-operative Bank

bse-closes-points-133-06-down-on-feb-6

BSE closes points 133.06 down on Feb 6

New Delhi, Feb 6 (ANI): Trading at the Bombay Stock Exchange today closed 133.06 points down to stand at 28,717.91 at the National Stock Exchange the Nifty closed 50.65 points down to stand at 8,661.05. BHUSHAN STEEL LTD. and HDIL were among the top gainers of Group A with an increase of 11.96% and 8.30% along with INDIA CEMENTS LTD. and PMCFIN with an increase of 5.25% and 4.95% respectively, while the top losers of Group A include CEATLTD and PTC with a decrease of 7.09% and 6.46% along with APOLLOTYRE and JAMMU and KASHMIR BANK LTD. with a decrease of 5.93% and 5.87% at the close of the markets. The Auto sector is down 541.95 points at 19,051.97, while the banking sector is down 277.77 points at 21,535.42 and the reality sector is down 11.37 points at 1,746.32. The Indian currency is up 0.03% at Rs 61.75 per dollar. Feb 6, 2015
alternative-farming-gives-ray-of-hope-to-aurangabad-farmers

Alternative farming gives ray of hope to Aurangabad Farmers

Aurangabad, Feb 06 (ANI): Two brothers in Maharashtra have cultivated sweet limes in lieu of regular winter crops through innovative technique, using less water. The duo - Anil Chaudhary and Sunil Chaudhary - of Aurangabad district have come up with alternative farming of sweet limes to keep their cultivation going and earn their bread and butter. Anil planted around 1,500 sweet limes saplings in his eight acres of dried farm by taking loan from a bank. He connected his farm to a water body through pipe line which is situated 5-6 km away from his farm to save his cultivation from getting dried up. He said the farmers should not succumb to depression of not repaying the loans. India has two crops: Kharif - which is sown in summer and harvested during winter and Rabi - which are sown in winter and harvested in summer season. Feb 6, 2015
asian-development-bank-president-calls-on-pm-narendra-modi

Asian Development Bank president calls on PM Narendra Modi

New Delhi, Feb 06 (ANI): Asian Development Bank (ADB) President Takehiko Nakao met Indian Prime Minister Narendra Modi in New Delhi. Nakao was accompanied with a delegation from the ADB as they discussed matters of mutual interest to India and the ADB, with Modi. After the meet, Modi tweeted a picture of the two leaders shaking hands, reading the caption: "A very productive meeting with Mr. Takehiko Nakao, President of the Asian Development Bank. @ADB_HQ". Meanwhile, the ADB tweeted: "In meeting with @narendramodi, @ADB_HQ Pres Nakao lauds #India's brighter growth prospects". Nakao commended India's efforts to improve business environment and accelerate infrastructure investment. He highlighted the importance of reform measures by India like raising the FDI ceiling in many sectors, fast tracking infrastructure projects and reduction on fuel subsidies. Feb 6, 2015
aaps-alleged-donor-files-defamation-case-against-awam-for-wrong-allegations

AAP's alleged donor files defamation case against AWAM for wrong allegations

New Delhi, Feb 04 (ANI): AAP's alleged donor for money which is being called as 'hawal' money by opposition parties, Jaskeerat Mann Kaur, on Wednesday rebuked AWAM for spreading wrong information among media. Kaur said that a defamation case has been filed against AWAM members and challenged them to produce a proof for their allegations. She even said that AAP has nothing to do with any mishandling regarding bank transactions. Kaur also demanded for a clarification from AWAM within 24 hours about the fake cheques which they showed against AAP alleging money laundering. Feb 4, 2015
rbi-holds-interest-rates-steady-says-tracking-inflation-and-government-action

RBI holds interest rates steady, says tracking inflation and government action

Mumbai, Feb 03 (ANI): Reserve Bank of India on Tuesday held interest rates steady while boosting banks' liquidity in a bid to persuade them to lower lending rates after they failed to pass on the benefits of the last official rate cut three weeks ago. The RBI kept its policy repo rate unchanged at 7.75 percent, as expected by analysts, leaving its next reduction probably until after the government presents its annual budget at the end of this month. Instead, to prod banks to lend more and lower their lending rates, the RBI cut the statutory liquidity ratio (SLR) - the minimum portion of net deposits that banks must hold in government bonds, cash or gold - by 50 basis points to 21.5 percent from February. 7. The RBI also announced a slew of initiatives to develop markets, including allowing foreign institutional investors to re-invest government bond coupons even when their investment limits were exhausted. The RBI described the domestic economy as "subdued", regardless of the government revision of gross domestic product data, using a new formula which showed the economy grew 6.9 percent in 2013/14, instead of 4.7 percent. Feb 3, 2015
avam-threatens-to-stage-protest-from-feb-05-says-aap-doesnt-believe-in-freedom-of-expression

AVAM threatens to stage protest from Feb 05, says AAP doesn't believe in freedom of expression

New Delhi, Feb 03 (ANI): AAP Volunteer Action Manch (AVAM) on Tuesday while addressing a press conference stated that it would file a complaint against AAP with Election Commission, Enforcement Directorate and Reserve Bank of India. AVAM also accused political outfit of disrespecting Right to Freedom of Expression and especially denying the Right to Freedom of Expression to its volunteers and ex-volunteers. AVAM added that it has also decided to stage a protest against AAP from February 05. Earlier, AVAM had alleged a massive scam in the funding of AAP, which was later rejected by Kejriwal-led AAP party which stated that all transactions were legitimate. Feb 3, 2015
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