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RBI chief says inflation coming down

Mumbai, Sept 15 (ANI): RBI Governor Raghuram Rajan, said on Monday that India's macroeconomic indicators are improving but Asia's third-largest economy needs to eliminate diesel subsidy completely. Rajan said data suggested that it was a matter of time that we can declare ourselves totally out of inflation. Rajan was speaking at a gathering of the Federation of Indian Chambers of Commerce and Industry (FICCI) and Indian Banks' Association (IBA) at the thirteenth edition of FIBAC. With crude oil prices falling globally, Rajan pitched in for eliminating diesel subsidies completely. Talking about the deluge in India's Kashmir, Rajan said that the central bank will work with other banks to restore normalcy in the region. Sep 15, 2014
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'Pinkathon' held in Delhi to spread awareness about breast cancer

New Delhi, Sep 14 (ANI): A 'pinkathon' was held in Delhi on Sunday to raise awareness about the deadly disease, breast cancer, which claims the lives of millions of women across the world. Women of all ages participated in the event by running the marathon, which was sponsored by the State Bank of India (SBI). Actor Milind Soman was also present at the marathon to encourage the runners. Breast and cervical cancers have emerged as one of the deadliest cancers in the country, which if not diagnosed on time, can lead to fatal results. Sep 14, 2014
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People in northeast express keen interest to avail benefit of Pradhan Mantri Jan Dhan Yojana

Arunachal Pradesh, Sep 12 (ANI): Like the rest of the country, the Pradhan Mantri Jan Dhan Yojana was recently launched across the Northeast region and is attracting large number of people. The scheme that was announced by Prime Minister Narendra Modi on Independence Day aims to cover all households in the country with banking facilities, besides providing them a range of financial benefits. People can now open their bank accounts without having to submit too many documents, by using their Aadhar card only and every account holder gets a debit card with Rs.1 lakh insurance cover. In Arunachal Pradesh, the scheme was launched by Chief Minister Nabam Tuki in presence of the Union Minister of State for Home Affairs Kiren Rijiju. A large number of locals queued up at the venue and at various banks to know more about the scheme and expressed a keen interest to avail the benefits. Sep 12, 2014
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Madhya Pradesh ideal destination for investments: Shivraj Singh Chouhan

New Delhi, Sept 10 (ANI): Madhya Pradesh, Chief Minister Shivraj Singh Chouhan said on Wednesday that the state being an ideal destination for investments is attracting investors after the good governance portrayed within 100 days of power by the new government. Addressing a news conference in New Delhi, Chouhan said that the investors are showing keen interest to invest after the good governance portrayed within 100 days of power by the new government. Chouhan said that initiatives by Prime Minister Narendra Modi and his government have build up investors' confidence. Meanwhile, Chouhan added that the state is set to welcome investors from India and abroad with a bank of 20,000 hectares of dispute-free land as it aims to become the country's investment hub. Chouhan also said that they will provide single window facility to investors in a state where there is no law and order problem. Sep 10, 2014
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