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Is India doing business with IS: Manish Tewari

Business Standard 17 minutes ago

Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with terror outfit Islamic State (IS) in Libya.
Is India doing business with ISIS, asks Manish Tewari
New Delhi: Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with terror outfit Islamic State (IS) in Libya."Happy two Indians released in Sirte LIbya pray for others. Ques- since (Foreign Minister) Sus..
Is India doing business with IS, asks Congress leader Manish Tewari
Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with terror outfit Islamic State (IS) in Libya. "Happy two Indians released in Sirte LIbya pray for others. Ques- since (Foreign Minister) Sushma Swaraj claiming credit - is India doing business with IS in Libya," tweeted the former information and broadcasting minister. "Since foreign minister seems to have direct "hotline" to IS or ISIS in Libya what happened to 57 people from Punjab, are they dead or alive FM," he also asked. Four teachers, two of whom were released later, were held captive by the IS in Libya on Friday.
UPDATE 1-Four Indians held near Islamic State stronghold in Libya, two freed
(Changes to say two of four detained nationals released) NEW DELHI, July 31 (Reuters) - India said on Friday thatfour of its nationals had been detained near the Libyan coastalcity of Sirte, an area that is under the control of IslamicState
Is India doing business with IS, asks Congress leader
New Delhi, Aug 1 (IANS) Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with terror outfit Islamic State (IS) in Libya.
Manish Tewari taunts Sushma Swaraj for claiming credit for Indians released by IS; asks if India is doing business with them
Senior Congress leader Manish Tewari on Saturday sparked a controversy after he raised a question on whether India was doing business with the Islamic State in Libya, following the release of two detained Indians. The Islamic State terror group (IS) had allegedly kidnapped four Indian teachers in Libya who were returning to India from Tripoli on July 29, 2015. Of the four, two were released on Friday. Commenting on their release, Manish Tewari wrote on Twitter, Happy 2 Indians released in Sirte LIbya pray for others Ques- since Sushma Swaraj claiming credit- is India doing business with IS in Libya? — Manish Tewari (@ManishTewari) August 1, 2015 Since Foreign Minister seems to hv direct"hotline" to IS or ISIS in Libya what happened to 57 people from Punjab Are they dead or alive FM? — Manish Tewari (@ManishTewari) August 1, 2015 He further added, "Since Foreign Minister seems to hv direct "hotline" to IS or ISIS in Libya what happened to 57 people from Punjab Are they dead or alive FM?" Condemning Tewari for his controversial tweet, the Bharatiya Janata Party (BJP) said this method of speaking with a forked tongue is normally seen in Pakistan. "I am surprised when senior leaders of the Congress Party use this kind of language," BJP spokesperson Nalin Kohli said. "At one side you are expressing happiness about the release of two Indians, and on the other side, you are raising questions over the government which secured the release," he added. Kohli further said, "It raises questions in one's mind as to why the Congress Party feels unhappy or perturbed when the Government of India achieves something for Indian citizens; whether it was the rescue in Yemen, Libya and or a Christian priest from Afghanistan from the Taliban. Now, these two people from Karnataka who have been released. Why does the Congress Party constantly want to run down the achievements of Government of India which is in favour of Indian citizens. For example, the Pradhan Mantri Jan Dhan Yojna, an insurance scheme." "The Congress party needs to make its stand clear. Otherwise, they will be seen as one who celebrates failure and their politics will only be built on the basis of being anti-development, anti-growth," Kohli added. (With ANI inputs) Report India dna Web Team dna webdesk New Delhi Manish Tewari Congress Bharatiya Janata Party (BJP) Islamic State (IS) Libya Sushma Swaraj Indians Saturday, 1 August 2015 - 12:52pm Saturday, 1 August 2015 - 12:52pm dnai.in/cPgi451
Is India doing business with IS in Libya, asks Congress leader Manish Tewari
Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with terror outfit Islamic State (IS) in Libya. "Happy two Indians released in Sirte Libya pray for others. Ques- since (Foreign Minister) Sushma Swaraj claiming credit - is India doing business with IS in Libya," tweeted the former information and broadcasting minister. "Since […] The post Is India doing business with IS in Libya, asks Congress leader Manish Tewari appeared first on Firstpost .
Cong: Is India doing business with Islamic State?
Congress leader Manish Tewari on Saturday questioned questioned whether India was "doing business" with militant outfit Islamic State in Libya.
Is India doing business with Islamic State in Libya? Congress leader Manish Tewari asks
Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with militant outfit Islamic State in Libya.
Is India doing business with IS, asks Congress leader
Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with terror outfit Islamic State (IS) in Libya."Happy two Indians released in Sirte LIbya pray for others. Ques- since (Foreign Minister) Sushma Swaraj claiming credit - is India doing business with IS in Libya," tweeted the former information and broadcasting...
Sushma Swaraj has direct `hotline` with Islamic State in Libya? asks Manish Tewari
A day after External Affairs Minister Sushma Swaraj announced that two out of four Indians abducted in Sirte by the Islamic State of Iraq and the Levant have been released, Congress leader Manish Tewari on Saturday questioned whether India was "doing business" with the terror outfit in Libya.
Indians abducted in Libya: A nightmare that ended
Tripoli, Aug 1: For the two teachers from Karnataka who were abducted allegedly by the ISIS and then released, it was the end of a nightmare. Mulbagal Vijaykumar of Bangarpet and Lakshmikanth Ramakrishna from Raichur managed to return to their university
Family of Professor Kidnapped by IS Members Seek Centre's Intervention
The family members of a teacher, who has been kidnapped in Libya, allegedly by Islamic State (IS) terror group, has sought the Centre's urgent intervention to secure his release.
2 of 4 Indians abducted in Libya released
NEW DELHI, July 31 - Two out of four Indian teachers kidnapped in Libya allegedly by the Islamic State terror group (ISIS) while returning to India from Tripoli on July 29 were released today.
Two of four Indians abducted in Libya released
Two of the four Indians detained in the Libyan city of Sirte, an area under the control of the Islamic State, were freed on Friday evening 
Hope, anxiety, flurry of emotions for Indians abducted in Libya
Family members of two Indians still held hostage in the Islamic Statecontrolled Libyan city of Sirte were on tenterhooks praying for their safe return home while relatives of two others freed from captivity breathed a sigh of relief at their release on Friday
ISIS Abducts Four Indian Teachers in Libya, Two Freed
Islamic State terror group (ISIS) abducted four Indian teachers working in Libya two days ago but the government today said it has "secured" the release of two of them.
2 of 4 Indians abducted in Libya freed (but nurses flocking back to Yemen)
Two of the four Indian teachers abducted in Libya allegedly by the Islamic State (IS) terror group while returning to India from Tripoli on July 29 were released on Friday.
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OMCs cut petrol price by Rs 2.43/litre; diesel by Rs 3.60/litre

IRIS 6 hours 7 minutes ago

...
Petrol, Diesel, LPG prices slashed
New Delhi: Petrol price was cut by Rs 2.43 per litre and diesel by Rs 3.60 a litre with effect from mid last night. This is the third reduction in rates this month.Petrol in De...
Petrol, LPG, diesel prices cut by Rs 2.43 per litre and diesel by Rs 3.60 a litre
Petrol prices have been cut by Rs 2.43 per litre and diesel by Rs 3.60 per litre from Friday midnight. Petrol will now cost Rs 64.47 per litre in Delhi, and diesel Rs 46.12 per litre. The oil marketing companies announced that the price cut was possible due to a decrease in international prices. The price of non-subsidised LPG, which consumers buy after exhausting their subsidised quota, was cut by Rs 23.50 per 14.2-kg bottle on Friday. In Delhi, non-subsidised LPG will cost Rs 585 per cylinder from Saturday, compared to Rs 608.50 at present.
Petrol price cut by Rs 2.43/litre, diesel by Rs 3.60
Petrol price was cut by Rs 2.43 per litre and diesel by Rs 3.60 a litre, the third reduction in rates this month, with effect from midnight tonight. Petrol in Delhi will cost Rs 64.47 per litre from tomorrow instead of Rs 66.90 at present, while a ...
Petrol cut by Rs.2.43 a litre, diesel by Rs.3.60
New Delhi, July 31 (IANS) Oil marketer Indian Oil Corp on Friday cut petrol and diesel by Rs.2.43 and Rs 3.60 a litre respectively, prices inclusive levies at Delhi and effective midnight, following a fall in international crude oil prices consequent to the Iran nuclear deal.
Petrol cut by Rs.2.43 a litre, diesel by Rs.3.60
Oil marketer Indian Oil Corp on Friday cut petrol and diesel by Rs.2.43 and Rs 3.60 a litre respectively, prices inclusive levies at Delhi and effective midnight, following a fall in international crude oil prices consequent to the Iran nuclear deal.
Petrol prices cut by Rs. 2.43 per litre; diesel by Rs. 3.60
The Petrol in Delhi will cost Rs. 64.47 per litre, while litre of diesel will cost Rs 46.12, IOC said.
Petrol price cut by Rs 2.43 per litre; diesel by Rs 3.60
Petrol and diesel prices were revised on Friday - petrol rates were cut by Rs 2.43 per litre and diesel was slashed by Rs 3.60 per litre.
Good News! Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60
New Delhi, July 31: The government on Friday cut the petrol prices by Rs 2.43 per litre and diesel by Rs 3.60 per litre. Before this the government had on June 30 cut the petrol prices by 31 paise per litre
Cheaper fuel: Petrol price cut by Rs 2.43/litre, diesel by Rs 3.60
Petrol in Delhi will cost Rs 64.47 per litre from tomorrow instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently, Indian Oil Corp (IOC) said in a statement. The post Cheaper fuel: Petrol price cut by Rs 2.43/litre, diesel by Rs 3.60 appeared first on Firstpost .
Petrol prices cut by Rs 2.43/l; diesel by Rs 3.60 effective midnight
Petrol prices cut by Rs 2.43/l; diesel by Rs 3.60 effective midnightPetrol in Delhi will cost Rs 64.47 per litre instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72.
Petrol price cut by Rs 2.43/litre, diesel by Rs 3.60
Petrol price was cut by Rs 2.43 per litre and diesel by Rs 3.60 a litre, the third reduction in rates this month, with effect from midnight on Friday.
Petrol prices cut by Rs 2.43/litre, diesel by Rs 3.60
New Delhi: Petrol and Diesel prices have been slashed today by Rs. 2.43/litre and Rs. 3.60/litre respectively. The change in price will be effective from midnight.The fuel prices were last revised on 16th July'15 and since the last price change, there has been a decrease in international pri....
Petrol, diesel prices slashed
New Delhi: The prices of petrol and diesel were slashed on Friday. The prices of petrol and diesel have been cut by Rs 2.43 and Rs 3.60 respectively. The revised rates will be come into effect from Friday midnight.
Petrol price cut by Rs 2.43 per litre, diesel by Rs 3.60
Following the decrease in retail selling price of petroleum products, petrol will now be available in Delhi for Rs. 64.47 per litre while diesel will be available at Rs 46.12 per litre.
Petrol prices slashed by Rs 2.43/litre, diesel by Rs 3.60/litre
Governmentrun oil marketing companies reduced on Friday the retail prices of petrol and diesel by Rs 243 per litre and Rs 360 per litre respectively
Petrol price cut by Rs 2.43, diesel cheaper by Rs 3.60 per litre
With this announcement, the price of petrol in Delhi will become Rs 64.47 per litre. The new diesel price in Delhi will be Rs 46.12/litre.
Business Standard, News Chennai Online, Prokerala, India Infoline, Times of India, One India, First Post.com, Economic Times, Money Control, IndiaTV News, Mathrubhumi, India Today, Hindustan Times, Money Today,
  

Bell sees England to Ashes series lead over Australia

MSN India 3 hours 6 minutes ago

England beat Australia by eight wickets to win the third Test at Edgbaston on Friday with more than two days to spare as they took a 2-1 lead in the five-match Ashes series
England sequence gives Australia hope of levelling Ashes
Australia may have lost the third Ashes Test by eight wickets inside three days at Edgbaston on Friday, but England`s extraordinary inconsistency should give them hope of squaring the five-match series at Trent Bridge next week.
Ashes: Bell, Root help England outclass Australia to take 2-1 lead
England beat Australia by eight wickets to win the third Test at Edgbaston on Friday with more than two days to spare as they took a 2-1 lead in the five-match Ashes series. The post Ashes: Bell, Root help England outclass Australia to take 2-1 lead appeared first on Firstpost .
Steven's has been a great story: Botham
As England romped to an eight-wicket victory over Australia in the third Ashes Test, at Edgbaston, on Friday, putting in less than three days of work to go 2-1 up in the series, former greats summed up the match as well as looked ahead to the remaining two matches of the series, expecting more excitement.
Finn, Bell guide England to Ashes lead
BIRMINGHAM, July 31: There were no last-minute surprises at Edgbaston, where Ian Bell's second fifty of the match ensured a 2-1 series lead for England and snuffed out any hopes Australia raised during a tail-end fight that set England a target of 121.
Ashes: England go 2-1 up with eight wicket win
Ian Bell struck an unbeaten half century as England capped their overwhelming domination with a eight-wicket win over Australia in the third Test at Edgbaston here on Friday to go up 2-1 in the Ashes series.After Australia's tail enders stretched their second innings to 265, setting England a 121-run target, Bell (65 not out) and Joe Root (38 not...
Bell takes England to victory, hosts take 2-1 Ashes lead
Ian Bell guided England to an eightwicket victory over Australia in the third Ashes Test at Edgbaston on Friday to put the hosts 21 up in the series with two matches to play
Ashes 2015 England v/s Australia 3rd Test Day 3: England go 2-1 up with 8 wicket win
The match, dominated by bowlers, has ended in an easy 8-wicket win for England, who go 2-1 up in the series.
Ashes 3rd Test: England beat Australia by 8 wickets
Victory at either Trent Bridge, in the fourth Test which starts on Aug. 6, or The Oval in the last match would guarantee England winning back the Ashes which they so dismally surrendered in a 5-0 loss in Australia in 2013-14.
UPDATE 2-Cricket-Bell steers England to victory, hosts take 2-1 Ashes lead
BIRMINGHAM, July 31 (Reuters) - Ian Bell guided England to an eight-wicket victory over Australia in the third test at Edgbaston on Friday to put the hosts 2-1 up in the series with two matches to play.
Ashes: England Thrash Australia in Three Days
England thrashed Australia by eight wickets within three days in the Ashes Edgbaston Test to complete a remarkable turnaround after their 405-run defeat in the second Test at Lord's.
Clinical England take 2-1 Ashes lead
A clinical England decimated a hapless Australia by eight wickets to take a 2-1 lead in the Ashes series at Edgbaston on Friday. Chasing a modest 121 runs to win, Ian Bell slammed a strokeful unbeaten half-century and along with Joe Root ensured E
England chasing 121 to win 3rd Ashes test
England needs 117 more runs to win the third Ashes test after dismissing Australia for 265 in its second innings today with Steven Finn taking 6-79. At lunch on the third day, England was 4-0, chasing 121 for victory and a 2-1 series lead. ...
The Telegraph, The Assam Tribune, Prokerala, Hindustan Times, DNA, India Today, Reuters, NDTV, Sify, Business Standard,
  

India, Bangladesh enclave residents get freedom after 68 years

Sify 2 hours 8 minutes ago

Dhaka, Aug 1 (IANS) On Saturday, when the clock struck 12.00 a.m., around 52,000 inhabitants of 162 enclaves in Bangladesh and India got the taste of freedom for the first time in 68 years,...
India-Bangladesh land deal sealed, so is fate for some
The India-Bangladesh Boundary Agreement, signed on June 6, deals with pockets of land that have caused discord between the two countries for many decades.
No country for two families: Bangladesh calls them traitors, India infiltrators
"Before we could return, we saw our houses at enclave 142 in Seuti Kursha area were razed as a punishment."
Landmark Enclave Exchange: The road to improved India-Bangladesh ties begins
The implementation of the Land Boundary Agreement between India and Bangladesh is set to commence at midnight. The post Landmark Enclave Exchange: The road to improved India-Bangladesh ties begins appeared first on Firstpost .
68 Years After Independence, Another Freedom At Midnight
Bangladesh, India Complete Historic Enclave Swap
Enclave exchange: Historic and memorable day, says Mamata
On the eve of the much awaited transfer of chit-mahal enclaves between India and Bangladesh, West Bengal Chief Minister Mamata Banerjee today described the day as "a historic and memorable" one. "Today is a historic and memorable day," Banerjee ...
India, Bangladesh make historic exchange of 162 enclaves on midnight
New Delhi: As India and Bangladesh exchange 162 adversely-held enclaves on Friday midnight, New Delhi termed it as a "historic" day which will mark the resolution of a complex issue that has lingered since independence.Bangladeshi enclaves in India and Indian enclaves in ....
Enclave exchange: Historic and memorable day, says Mamata
On the eve of the much awaited transfer of chit-mahal enclaves between India and Bangladesh, West Bengal Chief Minister Mamata Banerjee on Friday described the day as "a historic and memorable" one.
India and Bangladesh enclave exchange: Historic and memorable day, says Mamata Banerjee
On the eve of the much awaited transfer of chit-mahal enclaves between India and Bangladesh, Mamata Banerjee described the day as "a historic and memorable" one.
India, Bangladesh to swap enclaves from midnight
New Delhi, July 31 (IANS) With effect from midnight on Friday, India and Bangladesh would swap small enclaves of land in each other's possession - bringing in to effect the implementation of the 1974 Land Boundary Agreement.
India, Bangladesh to swap enclaves from midnight
With effect from midnight on Friday, India and Bangladesh would swap small enclaves of land in each other's possession - bringing in to effect the implementation of the 1974 Land Boundary Agreement.The 111 Indian enclaves in Bangladesh and 51 Bangladeshi enclaves in India would be exchanged pursuant to the Land Boundary Agreement and the 2011...
Celebrations in Bangladesh over enclave exchange with India
Special prayers were held at mosques and temples in enclaves inside Bangladesh as the countdown to the exchange scheduled for Friday midnight began
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FM: Govt lays down four Year long plan for Bank Capitilisation

India Infoline 6 hours 50 minutes ago

Government in the past has talked about it,But this time government is actually implementing it.This will gave a boost for investment and growth in India, added FM.
Govt seeks nod for Rs 25.5k cr extra spend
The government on Friday sought Parliaments approval for extra spending worth Rs 25,495 crore out of which Rs 12,000 crore would be for recapitalization of state-run banks.
Govt to infuse Rs70,000 crore in state-run banks over 4 years
The government will provide Rs25,000 crore each in 2015-16 and 2016-17 and Rs10,000 crore each in 2017-18 and 2018-19
Govt to pump Rs 70,000 crore into banks to revive lending
The government on Friday said it will infuse Rs 70,000 crore in state-run banks in the next four years of which Rs 25,000 crore will be given in this financial year itself to help them meet the funding requirements of the growing economy. In the first supplementary demands of grants presented for Parliaments approval on Friday, the government sought approval to spend Rs 12,000 crore extra to capitalise the banks it owns. This sum is over and above Rs 7,940 crore that has been allocated in this years budget. The remaining Rs 5,000 crore would be provided in the second supplementary later this year, a note from the office of secretary in the department of financial services said. In the first supplementary on Friday, overall the government has asked Parliaments nod to spend Rs 25,495 crore extra. Apart from capitalisation of banks, Rs 100 crore has been set aside for Mudra Bank. Other major items of spending include infusion of Rs 800 crore in Air India and extra funds for water and rural road schemes. The government said next year too Rs 25,000 crore would be provided for capitalisation of banks. In 2017-18 and 2018-19, the state-run banks will be provided Rs 10,000 crore each. The massive capital infusion programme has been announced to get the banks start lending again. State-run banks have been facing shortage of capital that is a constraint on their lending capacity. One of the major reasons for capital shortage is that banks profits have come down as the economy has slowed so money that could have been ploughed back into the system for lending is less. High volume of bad loans is also weighing down their balance sheets. Of the money set aside for this financial year, about 40 per cent will be given to those banks that require support and capital adequacy ratio (CAR) of every single public sector bank will be brought to the level of at least 7.5 per cent by the end of FY16. CAR is a ratio that measures adequacy of banks capital in relation to its risk exposures. Under the rules framed by the Basel committee on banking supervision of bank of international settlements, banks will need to have a CAR of 8 per cent by 2019. In the second tranche, 40 per cent of the total money earmarked for FY16 will be given to the six biggest state-run banks including State Bank of India, Bank of Baroda, Bank of India, Punjab National Bank, Canara Bank and IDBI Bank. The remaining 20 per cent will be allocated to the banks based on their performance during the three quarters in the current year judged on the basis of certain performance, the statement said. The government said the state-run banks would need Rs 1.8 lakh crore till 2019 over and above what will be available through their profits. With Rs 70,000 crore coming from the budget, the banks will need to raise the remaining Rs 1.1 lakh crore from the market. The government has given freedom to banks to do so even if the additional capital brings down its stake in the banks. The only condition attached to this permission is that under no circumstances should the stake of government fall below 52 per cent. Banks are, however, reluctant to use this capital-raising window right now as they feel their shares are undervalued. Much of this is due to the impact of showdown in growth since 2012-13 that led to a big increase in quantity of bad loans. mukeshjagota@mydigitalfc.com
Rs.12,000 crore supplement demand for grant for banks' recapitalisation
The government on Friday presented to parliament a supplementary demand for grants to provide for Rs.12,000 crore towards recapitalization of public sector ba(PSBs).
Rs.12,000 crore supplement demand for grant for banks' recapitalisation
New Delhi, July 31 (IANS) The government on Friday presented to parliament a supplementary demand for grants to provide for Rs.12,000 crore towards recapitalization of public sector ba(PSBs).
Rs.12,000 crore supplement demand for grant for banks' recapitalisation
The government on Friday presented to parliament a supplementary demand for grants to provide for Rs.12,000 crore towards recapitalization of public sector ba(PSBs).Finance Minister Arun Jaitley plans to provide Rs.25,000 crore capital each in the current and next fiscal year, while Rs.20,000 crore would be provided during 2017-18 and 2018-19,...
Govt seeks Parliament nod for Rs 25,500 cr add'l spending
The Finance Ministry on Friday sought Parliament's nod to spend an additional Rs 25,500 crore in the current fiscal, nearly half of which will be spent on capital infusion into state-owned banks to help them overcome the high bad loans situation.
Government seeks Parliament nod for additional Rs 41,000-crore spending
Government today sought Parliament's approval for an additional amount of about Rs 41,000 crore as the first batch of supplementary demands for grants for 2015-16.Tabling it in Parliament, Finance Minister Arun Jaitley said that the Government has proposed allocation of Rs 70,000 crore in four years for bank capitilisation.
Fm: Govt Lays Down Four Year Long Plan for Bank Capitilisation; this will Give a Major Boost of for Investment and Growth
Finance Minister Shri Arun Jaitley said today that the Government has laid down a long term four year plan for Bank capitalization .He added that It is a long overdue step, Government in the past has talked about it,But this time government is actually implementing it.This will gave a boost for investment and growth in India. He was speaking in connection with the supplementary demand for grants of 2015-16 being laid in the Parliament today, in which Rs 12000 crore has been provided for bank capitalization. Government also proposes to make available Rs.70,000 crores out of budgetary allocations for four years.
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SP leader sparks controversy, demands Rajya Sabha seat for Memon's wife

Business Standard 17 minutes ago

Samajwadi Party leader Mohammed Farooq Ghosi has stirred a controversy by requesting party supremo Mulayam Singh Yadav to nominate 1993 Mumbai serial blasts convict Yakub Memon's wife as a Rajya...
SP leader Mohammed Farooq Ghosi seeks Rajya Sabha berth for Yakub Memon's wife, suspended by party
Samajwadi Party leader Mohammed Farooq Ghosi, who sparked a controversy by demanding a Rajya Sabha seat for Mumbai blasts convict Yakub Memon's wife, was today suspended from the party.
SP leader demands Rajya Sabha seat for Yakub's wife, sacked
In his letter to SP chief Mulayam Singh Yadav, Ghosi on Friday, a day after Yakub's hanging, said Yakub's wife- Raheen has suffered a lot and she should be made a MP so that she can raise a voice of other such 'helpless and needy' people in Parliament.
SP leader seeks RS nomination for Memon's widow, sacked
Samajwadi Party leader M.F. Ghosi demanded that Raheen, the widow of hanged terrorist Yakub Memon, be nominated to the Rajya Sabha - leading to his being sacked as the Mumbai unit's vice president.A Samajwadi Party spokesperson said state and city unit chief Abu Asim Azmi took the decision barely a day after Ghosi made the demand in a letter to...
Make Yakub Memon's wife a member of Rajya Sabha, SP leader asks Mulayam Singh
New Delhi: Samajwadi Party chief Mulayam Singh Yadav has got a request from one of his party leaders to send Yakub Memon’s wife to upper house of parliament.SP's Maharashtra unit vice-president Mohammed Farooq Ghosi has written a letter to Mulayam Singh Yadav in this ..
SP leader Mohammed Farooq Ghosi suspended for demanding RS seat for Yakub Memon's widow
SP leader Mohammed Farooq Ghosi has been suspended for asking Mulayam Singh Yadav to nominate the widow of Yakub Memon as a Rajya Sabha MP. The post SP leader Mohammed Farooq Ghosi suspended for demanding RS seat for Yakub Memon’s widow appeared first on Firstpost .
SP Leader Sparks Controversy, Demands RS Seat for Memon's Wife
Samajwadi Party leader Mohammed Farooq Ghosi has stirred a controversy by requesting party supremo Mulayam Singh Yadav to nominate 1993 Mumbai serial blasts convict Yakub Memon's wife as a Rajya Sabha MP.
SP leader sparks controversy, demands RS seat for Yakub Memon's wife
Farooq Ghosi has stirred a controversy by requesting Mulayam Singh Yadav to nominate Yakub Memon's wife as a Rajya Sabha MP.
Make Yakub Memon`s widow a Rajya Sabha MP: Samajwadi Party leader to Mulayam Singh
Samajwadi Party leader Mohammed Farooq Ghosi has stirred a controversy by requesting party supremo Mulayam Singh Yadav to nominate 1993 Mumbai serial blasts convict Yakub Memon's wife as a Rajya Sabha MP.
Make Yakub Memon's wife RS member, says SP leader
Mumbai, Aug 1: Making a desperate attempt to capitalize on a sentiment, a leader of the Samajwadi Party has written to Mulayam Singh Yadav asking him to nominate Yakub Memon's widow to the Rajya Sabha. The letter written by Farooq Ghosi,
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Nestle India denies reports of Bombay HC asking for Maggi noodles retest

Business Standard 17 minutes ago

A lawyer for Nestle India termed as incorrect reports that the Bombay High Court had asked for retests of Maggi instant noodles
Bombay High court asks Nestle, food safety regulator to retest Maggi noodles - TV
MUMBAI (Reuters) - The Bombay High court has asked India's food safety authority and Nestle India to retest Maggi noodles, television channels reported on Friday. Nestle has been at the centre of India's worst food scare in a decade
Maggi ban: HC to decide on Monday
Nestle argued that its product did not contain lead in excess of permissible ceiling and challenged the tests by FSSAI and FDA, while the food regulators said the lead content in Maggi detected during tests in laboratories was harmful to health.
Maggi ban: Bombay High Court to pronounce order Monday
A division bench of justices VM Kanade and BP Colabawala had on Thursday suggested to the company and authorities whether it was ready to retest the products for lead and MSG levels.
Maggi ban: Bombay High Court verdict on Monday
Mumbai, July 31 (IANS) The Bombay High Court will deliver its verdict on Monday over food multinational Nestle India's petition challenging the orders of FSSAI and Maharashtra's FDA banning its products last month for containing toxic substances.
Maggi ban: Bombay High Court verdict on Monday
Mumbai: The Bombay High Court will deliver its verdict on Monday over food multinational Nestle India's petition challenging the orders of FSSAI and Maharashtra's FDA banning its products last month for containing toxic substances. Nestle has contended that its products do not contain lead in excess of permissible limits and also challenged the tests conducted by the Food Safety Standards Authority of India (FSSAI) and Food and Drugs Administration (FDA). The food regulators reiterated that the lead content detected in Maggi during tests by renowned labs was detrimental to public health. A division bench, comprising Justice V.M. Kanade and Justice B.P. Colabawala, here on Friday reserved its order till August 3 (Monday). Both the parties also failed to reach a consensus to the court's suggestion to conduct new independent tests before the court verdict. Nestle's lawyer Iqbal Chagla said the company was ready for the fresh tests, but these should be conducted in the presence of a renowned scientist on the (product) samples available with the company. However, FDA's counsel Darius Khambata wanted at least one of the samples to be included from the lot collected from the state. Chagla argued that while three Maggi variants were tested, the regulators banned all the nine variants, and rejected FSSAI's allegations that the company destroyed evidence by burning Maggi stocks. On June 5, the FSSAI banned all nine variants of Maggi noodles from the market following reports about lead and monosodium glutamate content higher than permissible limits in the products. The FFSAI order said the samples had been found unsafe and hazardous for human consumption and asked it to stop further production, processing, imports, distribution and sale. IANS
Court Reserves Order Till August 3 on Nestle Plea Against Maggi ban
The Bombay High Court today reserved its order till August 3 on a petition filed by Nestle India against orders of Food Safety Standards Authority of India (FSSAI) and Food and Drugs Administration of...
Maggi ban: Bombay High Court verdict on Monday
The Bombay High Court will deliver its verdict on Monday over food multinational Nestle India's petition challenging the orders of FSSAI and Maharashtra's FDA banning its products last month for containing toxic substances.Nestle has contended that its products do not contain lead in excess of permissible limits and also challenged the tests...
HC reserves order on Nestle plea against Maggi ban
MUMBAI: The Bombay High Court today reserved its order till August 3 on a petition filed by Nestle India against orders of Food Safety Standards Authority of India (FSSAI) and Food and Drugs Administration of Maharashtra banning Maggi as it contained lead beyond permissible limit. Nestle argued that its product did not contain lead in excess of permissible ceiling and challenged the tests by FSSAI and FDA, while the food regulators asserted that the lead content in Maggi detected during tests in reputed laboratories was harmful to public health. The order was reserved by justices V M Kanade and B P Colabawala who had asked both the sides to give their consent for a fresh independent test. However, the parties could not arrive at a consensus to the suggestion mooted by HC which said it would pass an order on Monday. Nestle's lawyer Iqbal Chhagla said the company was agreeable to the suggestion but the tests should be conducted in the presence of a renowned scientist and the samples available with the company should be used. Darius Khambata, appearing for FDA, contended that one of the samples must be from the lot collected by state FDA. "For us, consumer interest is most important... this litigation may go on but we feel that the issue should be resolved amicably and therefore we suggested the parties to agree to a fresh independent test," the bench observed. "As both the parties have given their say to our suggestion, we shall give an order on Monday on the issue," the judges said while adjouring the matter until then. The Nestle lawyer alleged that FSSAI and FDA had not followed the principles of natural justice by not giving a hearing to the company before banning nine variants of Maggi on the ground of lead content in it being in excess of the permissible limit. Also, though only three variants were tested, the regulators banned all nine variants of Maggi, Chhagla argued. He said there was no substance in FSSAI's allegation about the company destroying evidence by burning Maggi stock. "On the contrary, we have acted on the instructions of the food regulators by destroying Maggi product," he said.
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Sachin takes blessings from his 'Guru'

MSN India 3 hours 6 minutes ago

Sachin Tendulkar on Friday took the blessings of his childhood coach Ramakant Achrekar on the occasion of Guru Purnima.
Sachin Tendulkar seeks coach Ramakant Achrekar's blessings on Guru Purnima
Sachin Tendulkar on Friday took the blessings of his childhood coach Ramakant Achrekar on the occasion of Guru Purnima.
Sachin Tendulkar meets coach Achrekar on Guru Purnima
The legendary batsman tweeted a picture where he bows down to his coach as a mark of unwavering respect.
Tendulkar takes coach Achrekar's blessings on Guru Purnima
The legendary batsman tweeted a picture where he bows down to his coach as a mark of unwavering respect. "Sought blessings of my Guru on this auspicious day - A happy #GuruPurnima to all," he wrote on his Twitter feed having seven million plus followers. Tendulkar makes it a point to wish the 83-year-old on this auspicious day every year, even when he is travelling. The master blaster had personally invited Achrekar to watch his farewell Test, played at Wankhede Stadium in 2013. Latest News from Sports News Desk
Sachin Tendulkar takes blessings of childhood coach Ramakant Achrekar on Guru Purnima
Sachin Tendulkar on Friday took the blessings of his childhood coach Ramakant Achrekar on the occasion of Guru Purnima. The post Sachin Tendulkar takes blessings of childhood coach Ramakant Achrekar on Guru Purnima appeared first on Firstpost .
Sachin Tendulkar seeks blessings from childhood coach Ramakant Achrekar on Guru Purnima
Mumbai, July 31: India's cricketing legend Sachin Tendulkar on Friday met his childhood coach Ramakant Achrekar to seek his blessings on the auspicious day of Guru Purnima, a day when Hindus celebrate their teacher's day. The Master Blaster visited Achrekar's residence
Sachin Tendulkar takes coach Achrekar's blessings on Guru Purnima
Sachin Tendulkar on Friday took the blessings of his childhood coach Ramakant Achrekar on the occasion of Guru Purnima.
Sachin Tendulkar takes coach Ramakant Achrekar's blessings on Guru Purnima
Sachin Tendulkar on Friday took the blessings of his childhood coach Ramakant Achrekar on the occasion of Guru Purnima.
Tendulkae takes coach Achrekar's blessings on Guru Purnima
Sachin Tendulkar today took the blessings of his childhood coach Ramakant Achrekar on the occasion of Guru Purnima. The legendary batsman tweeted a picture where he bows down to his coach as a mark of unwavering respect. "Sought blessings ...
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Taliban denies reports of Haqqani network founder's death

Business Standard 17 minutes ago

The Taliban today denied reports of the death of the founder of Haqqani network, its allied militant group blamed for some of the deadliest attacks in Afghanistan. Some Pakistani media reported the...
Taliban deny reports of Haqqani network founder`s death
The Talibanon Saturday denied reports of the death of the founder of Haqqani network, its allied militant group blamed for some of the deadliest attacks in Afghanistan.
Taliban deny reports of Haqqani network founder's death
The Taliban Saturday denied reports of the death of the founder of Haqqani network, its allied militant group blamed for some of the deadliest attacks in Afghanistan.
Taliban Deny Reports of Haqqani Network Founder's Death
The Taliban Saturday denied reports of the death of the founder of Haqqani network, its allied militant group blamed for some of the deadliest attacks in Afghanistan.
Reports of Haqqani network founder's death, but family denies | Reuters
WANA/PESHAWAR, Pakistan Family members on Friday denied reports of the death of Jalaluddin Haqqani, founder of the fearsome Haqqani militant network blamed for some of Afghanistan's deadliest suicide attacks. The post Reports of Haqqani network founder’s death, but family denies | Reuters appeared first on Firstpost .
Reports of Haqqani network founder's death, but family denies
WANA/PESHAWAR, Pakistan (Reuters) - Family members on Friday denied reports of the death of Jalaluddin Haqqani, founder of the fearsome Haqqani militant network blamed for some of Afghanistan's deadliest suicide attacks.
Jalaluddin Haqqani, chief of Haqqani network, dead: Report
Jalaluddin Haqqani head of the dreaded Haqqani network behind some of the deadliest attacks against Indian interests in Afghanistan has died over a year ago militant sources said on Friday two days after the news of Taliban chief Mullah Omars death in Pakistan surfaced
Haqqani Network chief Jalaluddin Haqqani dead
Jalaluddin Haqqani, head of the dreaded "Haqqani Network" which is behind some of the deadliest attacks against Indian interests in Afghanistan, has been dead for over a year, militant sources said on Friday.
Chief of Haqqani network Jalaluddin Haqqani dead since a year
Jalaluddin Haqqani, head of the dreaded Haqqani network behind some of the deadliest attacks against Indian interests in Afghanistan, has been dead for over a year, militant sources said on Friday, two days after news of Taliban chief Mullah Omar's death in Pakistan surfaced.
NDTV, First Post.com, Reuters, Hindustan Times, Times of India, DNA,
  

Govt to infuse additional Rs 800 crore into Air India

MSN India 8 hours 53 minutes ago

The amount sought for making investment in Air India is part of the first supplementary demands for grant presented in Parliament by Finance Minister Arun Jaitley.
Government to infuse additional equity of Rs 800 crore into Air India
Government to infuse additional equity of Rs 800 crore into Air IndiaThe amount sought for making investment in Air India is part of the first supplementary demands for grant presented in Parliament by FM Jaitley.
Currency tonic: Govt to infuse additional Rs 800 crore into Air India
The amount sought for making investment in Air India is part of the first supplementary demands for grant presented in Parliament by Finance Minister Arun Jaitley. The post Currency tonic: Govt to infuse additional Rs 800 crore into Air India appeared first on Firstpost .
Govt to infuse additional Rs 800 crore into Air India
The Finance Ministry on Friday sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.
Govt to infuse additional Rs 800 crore into Air India
New Delhi, Jul 31: The Finance Ministry on Friday sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier. The
Air India to get additional Rs.800 crore fresh equity
New Delhi, July 31 (IANS) National passenger carrier Air India will get an additional capital infusion of Rs.800 crore, parliament was informed on Friday.
Air India to get additional Rs.800 crore fresh equity
National passenger carrier Air India will get an additional capital infusion of Rs.800 crore, parliament was informed on Friday.Finance Minister Arun Jaitley said this while moving the supplementary demands for grants for 2015-16 in the Lok Sabha.According to the parliamentary papers, apart from Air India, the civil aviation ministry will get...
Government to infuse additional Rs 800 crore into Air India
As per the supplementary demand for grants, the Civil Aviation Ministry is to be given additional Rs 820.25 crore, including Rs 800 crore equity infusion in Air India.
Govt to infuse additional Rs 800 crore into Air India
The Finance Ministry today sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier. The amount sought for ...
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ICICI Bank net rises 12% as bad loans growth slows

DNA 12 hours 29 minutes ago

The bank reported Rs 12,000 crore growth in its advances when most public sector banks are reporting a fall.
ICICI Bank net profit up 14%
Net profit increased to Rs 3,232 cr in the April-June quarter from Rs 2,832 cr in the corresponding quarter a year ago
ICICI bank surprises market, profit up 12 per cent
Indias largest private sector lender ICICI Bank on Friday surprised the street with a 12 per cent rise in net profit for the quarter ended June 2015 on the back of lower provisions and improvement in NII. The bank reported a net profit of Rs 2,976 crore for the April-June period as compared to Rs 2,655 crore registered during the same period last year. The provision for doubtful debts stood at Rs 955.39 crore during. The public sector banks net interest income increased 14 per cent to Rs 5,115 crore while the non-interest income climbed five per cent to Rs 2,990 crore.
ICICI Bank net up 12%
ICICI Bank - the country's largest private sector bank - today reported a 12 per cent rise in standalone net profit for the first quarter ended June at Rs 2,976 crore against Rs 2,655 crore in the corresponding period of the last year.
ICICI Bank net up 12%
Led by an improvement in asset quality, ICICI Bank reported a 12 per cent increase in standalone net profit for the first quarter ended June 30, 2015, at Rs 2,976 crore as against Rs 2,655 crore in the first quarter of the previous fiscal. Net interest income for the bank during the quarter increased 14 per cent to Rs 5,115 crore from Rs 4,492 crore in Q1 of FY15. "The sustained performance during the quarter was lead by domestic loan growth which was driven by a 25 per cent growth in our retail portfolio," ICICI Bank managing director and chief executive officer Chanda Kochhar said. Net non-performing assets as on June 30, 2015, were Rs 6,402 crore compared with Rs 6,325 crore as on March 31, 2015. The net non-performing asset ratio was 1.4 per cent on June 30, 2015, the same level as on March 31, 2015. "The addition to non performing assets during the quarter was at Rs 1,672 crore as against Rs 3,260 crore in Q4 of FY15 and Rs 1,200 crore in Q1 of FY15," Kochhar said, adding that the bank does not have any major pipeline for restructuring. Provisions for the bank during the quarter were at Rs 956 crore compared with Rs 1,344 crore in Q4 of FY15 and Rs 726 crore in Q1 of FY15. The cost-to-income ratio was at 37.8 per cent in during the quarter compared with 38.4 per cent in the same quarter previous fiscal.
ICICI Bank net up 12% at Rs 2,976 crore
The countrys largest private sector lender ICICI Bank on Friday said that its asset quality is stabilising but going ahead a lot would depend on how the economy moves. The bank also said it would continue to focus on retail loans to drive growth. The bank reported a 12 per cent rise in its standalone net profit at Rs 2,976 crore for the quarter ended June 30, 2015 compared with Rs 2,655 crore in the same quarter last financial year. Net interest income increased 14 per cent to Rs 5,115 crore during April-June 30, 2015 on back of 14 basis points improvement in net interest margin (NIM) along with healthy loan growth of around 15 per cent year on year. Non-interest income increased by 5 per cent to Rs 2,990 crore in first quarter of FY16. Provisions were at Rs 956 crore in Q1FY16 compared with Rs 1,344 crore in Q4FY15 and Rs 726 crore in Q1FY15. Consolidated net profit increased by 14 per cent to Rs 3,232 crore in Q1FY16 from Rs 2,832 crore in Q1FY15. Last quarter (bad loans were high) because of some lumpy account. We have been working hard on improving recoveries, asking promoters to sell assets, monitoring quality of assets and making loans more granular. We have seen stability in quality of assets, said Chanda Kochhar, chief executive officer, ICICI Bank, in a conference call. Asset quality will depend on how the economy moves. We are seeing some increasing action on mining and production of coal. Heavy commercial vehicle activity (for mining) is a leading indicator of the GDP growth, which has started moving. So if all this materialises, it will bring back growth and also big stability in the asset quality, Kochhar said. falaknaazsyed @mydigitalfc.com
State Bank of Hyderabad Q1 net rises 11% to Rs 251 crore
State Bank of Hyderabad (SBH), an associate of SBI, today reported 10.5 per cent growth in net profit at Rs 251.45 crore for the June quarter of current fiscal.
ICICI Bank Q1 net profit up 12%
Bank's share price shoots up by 3.97% on the BSE Read more
Alembic Pharma Q1 net up 8% to Rs 70 crore
Alembic Pharmaceuticals on Friday reported 8.05 per cent rise in consolidated net profit to Rs 69.88 crore for the first quarter ended June 30, 2015-16, mainly on account of robust sales.
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RBI's Rajan says capital infusion of Rs 25,000 crore into PSBs adequate, a good beginning

DNA 9 hours 4 minutes ago

Reserve Bank Governor Raghuram Rajan today said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning". While Finance...
In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years
While there will be relief at the moves to recapitalise India's banks, there would be some disappointment that the capital infusion was not bigger The post In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years appeared first on Firstpost .
PSU banks to get Rs 70,000 crore fresh capital in next 4 years
Rs 25,000 crore capital will be allocated through three tranches Fresh fund infusion to boost GDP growth The finance ministry on Friday outlined a Rs 70,000 crore capital infusion plan into PSU banks over four years to enable them to increase funding to boost the economic activity in the country. It is a long overdue step. The government in the past has talked about it. But this time the government is actually implementing it. This will gave a boost for investment and growth in India, said finance minister Arun Jaitley. As part of the bank recapitalisation plan, the Centre has said that it will infuse Rs 25,000 crore in the current fiscal, which is much higher than the amount earmarked in the Budget at about Rs 7,940 crore. RBI governor Raghuram Rajan said that the Rs 25,000 crore capital infusion by the government in public sector banks is adequate and a good beginning. As per the plan, in the next FY, another Rs 25,000 crore will be infused into the banks. In the next two FYs Rs 10,000 crore will be given to banks in each year. The finance ministry said PSU banks as of now are adequately capitalised but would need another Rs 1,80,000 crore over the next four years. Of this, the government plans to provide Rs 70,000 crore through budgetary support. Improved valuations coupled with value unlocking from non-core assets as well as improvements in capital productivity, will enable PSU Banks to raise the remaining Rs 1,10,000 crore from the market, said the ministry. In the supplementary demand presented in the Parliament, an amount of Rs 12,000 crore has been provided, in addition to Rs 7,940 crores already provided in the budget of FY 2015-16. The remaining Rs 5,000 crore would be provided in the second supplementary later this year. The Rs 25,000 crore capital will be allocated through three tranches. In the first tranche, about 40 per cent of this amount will be given to those banks which require support. In the second tranche, about 40 per cent capital will be allocated to the top six banks SBI, BoB, BoI, PNB, Canara Bank, and IDBI Bank so as to strengthen them to play a vital role in the economy. The remaining portion of 20 per cent will be allocated to the banks based on their performance during the three quarters in the current year judged on certain performance. This will incentivise them to improve their performance, said finance ministry. It pointed out that PSU banks play an important role in the economy of India.
Bank bailout blueprint ready
The Narendra Modi-government today unveiled a four-year, Rs 1,80,000 crore programme to recapitalise public sector banks that will require the government to stump up Rs 70,000 crore with the remaining Rs 1,10,000 crore expected to be raised from the capital markets.
PSBs' Rs 1.8 lkh cr capitalisation plan to boost economy: FM
Government will infuse Rs 70,000 crore in state-run banks over four years, while they will have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirements. The government has laid out the four-year programme for Rs 1.8 lakh crore capitalisation of public sector banks with a view to boosting investment and growth in the economy, Finance Minister Arun Jaitley said. "It is a long overdue step. Government in the past has talked about it. But this time government is actually implementing it," he said in a statement. This will boost investment and growth in India, he added. Public sector banks will need to raise Rs 1.10 lakh crore from markets to meet more than half of their capital requirement of Rs 1.80 lakh crore over the next four years. Of the total estimated by the Finance Ministry, the government is willing to provide only Rs 70,000 crore - Rs 25,000 crore each in current as well as the next fiscal and Rs 10,000 crore each in 2017-18 and 2018-19. "Improved valuations coupled with value unlocking from non-core assets as well as improvements in capital productivity will enable PSBs to raise the remaining Rs 1,10,000 crore from the market," a Finance Ministry statement said. Earlier in the day, Jaitley sought Parliaments nod for additional capital infusion of Rs 12,010 crore in PSU banks. Along with the Budget provision of Rs 7,940 crore, the total planned capital infusion would go up to around Rs 20,000 crore. "Rs 20,000 crore (capital infusion) would happen as early as possible. It can happen by September after we get approval from Parliament," Financial Services Secretary Hasmukh Adhia told reporters here. The remaining Rs 5,000 crore would be provided in the second Supplementary later this year. "The Rs 25,000 crore capital this year will be allocated through three tranches," the ministrys statement said. Of the total amount, Rs 10,000 crore would be provided to weak PSBs, Adhia said, adding that the non-performing assets of PSBs are likely to show improvement in next two quarters. He further said that the third tranche of capital infusion will come in the last quarter of the current fiscal which will be given to banks which will show improvement in their performance in the nine month period. Gross NPAs of PSBs at the end of March quarter stood at 5.20 per cent, against 5.63 per cent in December. The estimate of capital requirement is "based on credit growth rate of 12 per cent for the current year and 12 to 15 per cent for the next three years, depending on the size of the bank and their growth ability", said the Finance Ministry statement.
PSBs' Rs 1.8 lkh cr capitalisation plan to boost economy: FM
Government will infuse Rs 70,000 crore in state-run banks over four years, while they will have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirements. The government has laid out the four-year programme for Rs 1.8 ...
7 reasons why PSBs need Rs 70,000-crore lifeline
Planning to inject $11 billion of capital into debt-laden state banks over the next four years, Finance Minister Arun Jaitley on Friday sought Parliament's approval to boost budget spending by $4 billion in the current fiscal year.
Capital infusion of Rs 25K cr a good start: Rajan
NEW DELHI: Reserve Bank Governor Raghuram Rajan today said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning". While Finance Minister Arun Jaitley had in Budget for 2015-16 provided Rs 7,940 crore towards recapitalisation of PSU banks, he today sought Parliament nod for another Rs 12,010 crore in the first supplementary demand for grants. Another Rs 5,000 crore will be provided in subsequent supplementary demand through the year totaling Rs 25,000 crore of capital infusion. "Allocation for first-year recapitalisation is adequate," Rajan said when asked to comment on the infusion plan. "It's a good beginning," he said after his customary meeting with Jaitley ahead of the third bi-monthly monetary policy on August 4. The Finance Ministry, in a statement, said public sector banks (PSBs) as of now are "adequately capitalised", but would need Rs 1,80,000 crore extra capital over the next four years (up to FY19). Of this, the government plans to provide Rs 70,000 crore through budgetary support -- Rs 25,000 crore each in current and next fiscals and Rs 10,000 crore each in 2017-18 and 2018-19. Banks would be required to raise the remaining amount of Rs 1.1 lakh crore from the market, the statement said. RBI Deputy Governor R Gandhi said the decision to infuse Rs 70,000 crore over the next four years was a welcome move by the government. As for the Rs 1.1 lakh crore required to be tapped by banks over the next four years, he said there was enough appetite in the market for that.
Detailed: How govt will infuse Rs 70000cr into PSBs by FY19
The Finance Ministry said that this year's Rs 25,000 crore capital infusion would be disbursed in three tranches: Rs 12,010 crore immediately, followed by an additional supplementary grant of Rs 5000 crore.
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IOC cuts non-subsidised LPG price by Rs 23.5/cylinder

India Infoline 20 hours 15 minutes ago

This is the second reduction in rates.
Non-subsidised LPG rates cut by Rs 23.50 per cylinder
Non-subsidised cooking gas (LPG) price in Delhi has been cut to Rs 585 per cylinder from Saturday as compared to Rs 608.50 at present, said Indian Oil Corp (IOC), the nation's largest oil firm. The post Non-subsidised LPG rates cut by Rs 23.50 per cylinder appeared first on Firstpost .
Non-subsidised LPG rates cut by Rs 23.50 per cylinder
Price of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, was today cut by Rs 23.50 per 14.2-kg bottle, in sync with international rates. Non-subsidised cooking gas (LPG) price in Delhi has been cut to Rs 585 per cylinder from tomorrow as compared to Rs 608.50 at present, said Indian Oil Corp (IOC), the nations largest oil firm. This is the second reduction in rates in as many months. Price of non-subsidised LPG was last cut by Rs 18 per cylinder to Rs 608.50 from July 1. Non-subsidised or market-priced LPG is one that consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates in a year. Subsidised LPG costs Rs 417.82 per 14.2-kg cylinder in Delhi.
IOC cuts non-subsidised LPG price to Rs 585/cylinder in Delhi
NEW DELHI: Price of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, was today cut by Rs 23.50 per 14.2-kg bottle, in sync with international rates. Non-subsidised cooking gas (LPG) price in Delhi has been cut to Rs 585 per cylinder from tomorrow as compared to Rs 608.50 at present, said Indian Oil Corp (IOC), the nation's largest oil firm. This is the second reduction in rates in as many months. Price of non-subsidised LPG was last cut by Rs 18 per cylinder to Rs 608.50 from July 1. Non-subsidised or market-priced LPG is one that consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates in a year. Subsidised LPG costs Rs 417.82 per 14.2-kg cylinder in Delhi.
Non-subsidized LPG rates cut by Rs 23.50 per cylinder
Price of non-subsidized LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, was on Friday cut by Rs 23.50 per 14.2kg bottle, in sync with international rates.
Non-subsidised LPG rates cut by Rs 23.50 per cylinder
This is the second reduction in rates in as many months
Non-subsidised LPG rate cut by Rs 23.50 per cylinder
Non-subsidised cooking gas (LPG) price in Delhi has been cut to Rs 585 per cylinder from Saturday as compared to Rs 608.50 at present, said Indian Oil Corp (IOC), the nation's largest oil firm.
Non-subsidised LPG rates cut by Rs 23.50 per cylinder
Non-subsidised or market-priced LPG is one that consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates in a year.
Economic Times, Times of India, Business Standard, Money Today, DNA,
  

Rejoicing for 50,000 people on India-Bangla border at end to stateless existence

One India 1 hour 48 minutes ago

Kolkata/Dhaka, Aug 1: Cheers went up, national flags were hoisted and candles lit, but there were some tears too, as India and Bangladesh swapped 162 small enclaves of land in each other's...
India, Bangladesh exchange 162 enclaves
Bangladesh and India exchanged 162adversely-held enclaves at the stroke of the midnight, endingone of the world's most complex border disputes that hadlingered since seven decades. Thousands of people who have been living without schools
Wait ends, India and Bangladesh exchange enclaves; people rejoice
Ending a border dispute, the much-awaited exchange of enclaves (Chhitmahals) between India and Bangladesh came into effect at the stroke of midnight on Friday-Saturday.
India-Bangladesh make history, exchange enclaves at midnight
At 12.01 AM, the enthusiastic dwellers hoisted Indian national flag.
Enclave exchange effected from midnight
The much awaited exchange of enclaves (Chhitmahals) between India and Bangladesh came into effect from this midnight. Though, no official ceremony was held but an organisation named Bharat Bangladesh Enclave Exchange Co-ordination Committee ...
India-Bangladesh make history, exchange adversely-held 162 enclaves at midnight
New Delhi: Crackers were burst and people rejoiced as India and Bangladesh exchanged enclaves at the stroke of midnight on Friday-Saturday, ending the 68 years of stateless existence for over 51,000 enclave dwellers.Around 14,000 people living for so long in 51 Bangladeshi enclaves in the Indian ter....
'Stateless' enclave dwellers finally getting a country
Dinhata (West Bengal), July 31 (IANS) Having been "stateless" for 68 long years, more than 51,000 enclave dwellers will finally have a country of their own, when at the stroke of midnight Friday-Saturday, the historic exchange of enclaves between India and Bangladesh takes place.
'Stateless' enclave dwellers finally getting a country
Having been "stateless" for 68 long years, more than 51,000 enclave dwellers will finally have a country of their own, when at the stroke of midnight Friday-Saturday, the historic exchange of enclaves between India and Bangladesh takes place.Decades of isolation and deprivation has given way to hope and ecstasy as almost all the houses inside the...
India Today, Business Standard, IndiaTV News, News Chennai Online, Prokerala,
  

Former Home Minister Sushilkumar Shinde denies using the word 'Hindu terrorism' in Parliament

DNA 1 hour 19 minutes ago

Former Union Home Minister Sushilkumar Shinde on Saturday denied having used the word "Hindu terrorism" in Parliament during the UPA tenure.
Shinde denies having uttered "Hindu terrorism" in Parliament
Former Union Home Minister Sushil Kumar Shinde on Saturday denied having used the word "Hindu terrorism" in Parliament during the UPA tenure.
Congress has weakened India's stand on terrorism by coining the term 'Hindu terrorism': Rajnath Singh
Government and Opposition on Friday clashed in Lok Sabha, with Home Minister Rajnath Singh accusing Congress of weakening the fight against terror by coining the term "Hindu terrorism", prompting the retort that he was indulging in politics over the issue. The post Congress has weakened India’s stand on terrorism by coining the term ‘Hindu terrorism': Rajnath Singh appeared first on Firstpost .
What weakens Indias fight against terrorism?
On Friday, union home minister Rajnath Singh accused theprevious Congress-led UPA government of "weakening India's fight againstterrorism" by coining the term "Hindu terror." Making astatement in the Lok Sabha on the recent Gurdaspur attack, Singh referred tothe statements of former home ministers Sushil Kumar Shinde and P Chidambram.Shinde had revived the debate over Saffron terror ...
Govt-Opp clash in Lok Sabha
NEW DELHI, July 31 - The Government and Opposition today clashed in Lok Sabha, with Home Minister Rajnath Singh accusing Congress of weakening the fight against terror by coining the term 'Hindu terrorism', prompting a retort that he was indulging in politics over the issue.
Congress coined term 'Hindu terrorism': Rajnath (Roundup)
The government and the opposition locked horns in the Lok Sabha on Friday, with Home Minister Rajnath Singh accusing the Congress of coining the term "Hindu terrorism" and weakening the fight against terror.
Congress coined term 'Hindu terrorism': Rajnath (Roundup)
New Delhi, July 31 (IANS) The government and the opposition locked horns in the Lok Sabha on Friday, with Home Minister Rajnath Singh accusing the Congress of coining the term "Hindu terrorism" and weakening the fight against terror.
Congress coined term 'Hindu terrorism': Rajnath
The government and the opposition locked horns in the Lok Sabha on Friday, with Home Minister Rajnath Singh accusing the Congress of coining the term "Hindu terrorism" and weakening the fight against terror.The Congress hit back and alleged that "RSS and BJP attempted to link terror with religion".Making a statement in the house on the terror...
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