It is considered one of the most crucial appointments within the Indian Army, according to an official statement from the Ministry of Defence.
In view of the rising number of mobile and internet banking users, the Reserve Bank of India (RBI) has proposed to tighten norms related to the liquidity coverage ratio (LCR) by increasing the run-off factor for retail deposits. "Banking has undergone rapid transformation in recent years. "While increased usage of technology has facilitated the ability to make instantaneous bank transfers and withdrawals, it has also led to a concomitant increase in risks, requiring proactive management," the RBI said in the draft guidelines released on Thursday.
But, majority might be left out, as only those investing in entities recognised by the government could qualify
The incident occurred in Churachandpur district close to the Myanmar border.
In the third such attack in over two weeks in the Gulf of Guinea, the Singapore-owned vessel, MT Abu Dhabi Star, was taken over by pirates on Tuesday night when it was sailing towards the open sea.
The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up funding, investment and easier closure compliance.
Sri Lankan President Mahinda Rajapaksa advocated a "humanitarian approach" to avoid clashes between fishermen from India and his country near the international maritime border (IMB).
"The PMSA arrested 18 Indian fishermen and seized their four boats on Sunday from the Jakhau region near IMB where they were on a fishing expedition," NFF secretary for Gujarat, Manish Lodhari told PTI.
Official sources informed that the state government is taking serious view of the growing activities of the AANLA that was formed in 2005 by a section of frustrated tribal youth with help from bigger militants groups, including the banned United Liberation Front of Assam and Naga rebel group, the NSCN-IM.
The market, which has been hit by global meltdown, would stabilise within a period of 16-18 months and by July-August 2010 the volume should rise, IMBS chairman and executive director of Indian Bank A Subramanian told reporters. Despite the global meltdown and southward movement of share broking business across the country, he was hopeful that with an improving market IMBS would surpass Rs 5,000 crore (Rs 50 billion) business in the next two years.
'Because there's a very effective Coast Guard,' says maritime piracy expert Jayant Abhyankar.
International Business Machines has created a $25 million fund to train its employees and business partners as part of the company's effort to make US technology industry more competitive globally, a media report said on Tuesday.
Canara Bank on Friday launched Internet and mobile banking services covering 300 select branches spread across six cities in the initial phase and said it is in talks with five or six banks for ATM sharing.
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