Search Results for: HDFC Bank

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World Bank chief welcomes new BRICS development bank

New Delhi, July 24 (ANI): The World Bank welcomed a $100 billion development bank founded by the BRICS nations and is ready to provide it with technical assistance, the World Bank president said after a meeting with Prime Minister, Narendra Modi. The BRICS developing nations - Brazil, Russia, India, China and South Africa - announced the bank last week, saying it would fund infrastructure projects in developing nations - a reflection of their growing importance in the world economy. The World Bank group was ready to increase its financial support to support job-oriented skills and infrastructure development in India to $15 billion to $18 billion over the next three years, Jim Yong Kim, World Bank Group President who looked inspired by Modi's economic agenda and policies, said that Modi has set-up some goals for the bank and they would make all efforts to achieve those. He also applauded Modi government's targets of ambitious growth rates. Jul 24, 2014
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World Bank Group President meets Arun Jaitley, pledges support

New Delhi, July 23 (ANI): World Bank Group President Jim Yong Kim, who is on a three-day visit to India, met Finance Minister Arun Jaitley and pledged his support in country___s development. Kim said the World Bank Group had pledged financial support to India to boost the nation___s development. Kim said he discussed knowledge based partnership with Jaitley as India is a home to many great innovations. He said they will inculcate India___s innovations at global level and at the same time bring in various developmental projects across the world to India, to boost the nation___s growth. He is scheduled to meet Prime Minister, Narendra Modi, on Wednesday (July 23) to review key development issues pertaining to India. Jul 23, 2014
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BSE closes points 73.61 up on July 21

New Delhi, July 21 (ANI): Trading at the Bombay Stock Exchange today closed 73.61 points up to stand at 25,715.17. At the National Stock Exchange the Nifty closed 20.30 points up to stand at 7,684.20. Century Tex and MCX were among the top gainers of Group A with an increase of 10.60% and 7.85% along with Thermax and Sun TV Network with an increase of 4.47% and 4.43% respectively, while the top losers of Group A include CRISIL and HDIL with a decrease of 4.40% and 3.90% along with Canara Bank and Emami with a decrease of 3.17% and 3.10% at the close of the markets. The Auto sector is up 3.76 points at 15,716.95 while the banking sector is up 5.58 points at 17,617.29 and the realty sector is down 19.76 points at 1,961.60. The Indian currency is 0.04 % up at Rs 60.26 per dollar. Jul 21, 2014
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