DPA Manila, May 3 (DPA) The Asian Development Bank (ADB) said Saturday it had secured $11.3 billion in concessional funds to fight poverty in Asia and the Pacific for the next four years. The contributions to the Asian Development Fund (ADF) for 2009-12 are 60 percent higher than in the previous period, the Manila-based […]
Mumbai, May 3 (IANS) The soaring inflation that has badly hit the country’s economy will be brought under under six percent within the next three months, prime minister’s economic advisory council chairman C. Rangarajan said Saturday. Chatting with reporters on the sidelines of a small and medium enterprise conference here, he said: “Inflation has […]
DPA Ramallah/Tel Aviv, May 3 (DPA) Israeli forces arrested 363 Palestinians in the West Bank during April, a Palestinian report said Saturday. Most of the arrests were in Nablus city, where the army arrested 128 Palestinians, according to the Palestinian Centre for Prisoners’ Defence.
The Israeli army declined to confirm or deny the report. Israeli […]
Bangalore, May 2 (IANS) Global IT service firm MindTree Ltd is acquiring around 33 percent equity (1.5 million shares) in Aztecsoft Ltd for Rs.1.72 billion ($43 million) for a majority stake in the Bangalore-based software firm, the company said here Friday. In a notification to the National Stock Exchange (NSE), the Rs.7.6 billion MindTree […]
New Delhi, May 2 (IANS) Experts here have stressed the need for government agencies to judiciously spend allocated funds and asked the Finance Commission to ensure this aspect. A meeting of the 13th Finance Commission with members of its preceding body Thursday was advised by the predecessors to judiciously look into the needs of […]
Kolkata, May 2 (IANS) The merger of the State Bank of India (SBI) and the State Bank of Saurashtra (SBS) is awaiting the final approval from the finance ministry, SBI chairman O.P. Bhatt has said. “As soon as we get the approval from the union ministry, we will proceed with the process. We are […]
New Delhi, May 2 (IANS) Leading US fighter jet manufacturer Lockheed Martin Friday announced extension of its scientific support programme in India for the next two years. Lockheed Martin Corp’s (LMC) senior vice-president and chief technology officer Ray O. Johnson said the ‘India Innovation Growth Programme’, which started last year, was a great success […]
DPA Karachi, May 2 (DPA) Pakistani stocks tumbled Friday under political instability amid tensions over survival of the governing coalition on the issue of reinstatement of judges ousted by military dictator turned civilian president Pervez Musharraf. The key KSE-100 index shed 165 points to close at 14,956.82, its lowest level in the last six […]
Haldwani (Uttarakhand), May 2 (ANI): The nationwide shutdown against the soaring inflation in response to the call by the Bharatiya Janata Party (BJP) turned violent in Uttarakhand’s Haldwani town on Friday. Ahead of the general elections, the BJP is trying to garner support of its own allies and the public by staging protests and […]
New Delhi, May 2 (ANI): Greenpeace, an environmental activist group sounded an alert in New Delhi on Friday on the presence of Genetically Modified (GM) corn in Indian food products that is harmful to humans. Tests conducted at an independent laboratory on products picked up randomly from a supermarket in New Delhi revealed that […]