The central bank is the money manager of the government, and not a guarantor of any debt.
The agreement was one among the several agreements signed during the visit of President Barack Obama.
This package also offers automatic sweep to multi-option deposits ensuring higher yield on the salary savings and also free personal accident insurance, it said.
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
Surat and Dahej can soon get a makeover thanks to Japanese help.
During the 2009 edition of Vibrant Gujarat, Binani Cement had signed a MoU to set up a 2.5 mtpa cement plant and a ditto was signed during the on-going annual event of the state for attracting fresh investment.
If necessary, she said, the Railways would provide scholarships. Banerjee, while inaugurating a railway reservation counter at Gariahat area, announced railway connectivity to Maoist-hit areas in West Midnapore and Purulia districts with introduction of two trains on February 13.
India has consistently asked China to open up its market for IT and pharmaceuticals.
Prasad asked private operators to play a role in skill development.
The government's initiative to have trading of electricity with Sri Lanka is likely to bear fruit by mid-2014, with the commissioning of a high capacity power transmission link between the two countries. The two countries are likely to sign an MoU for a Rs 2,500-crore (Rs 25 billion) project.
The Tamil Nadu government has signed a Memorandum of Agreement with the United States-based Tamil Nadu Foundation to reduce the number of school dropouts in the state's villages.
MoUs range across pharma, telecom, IT and homeland security.
What gets forgotten in the German vs Sanskrit debate is the poor standard of teaching in India.
With the proposed commissioning of a 50-Mw tidal power project off the coast of Gujarat in 2013, India is ready to place its first "seamark" that will be a first for Asia as well.
"HCC has signed an MoU with the Gujarat government to set up a renewable energy project in the state worth Rs 1,200 crore (Rs 12 billion) in the next 2-5 years time," company Chairman and Managing Director Ajit Gulabchand said.
United States-based Los Angeles Emergency Operation Centre will train officers of Force One, an elite force formed on the lines of National Security Guard, and Maharashtra disaster management staff.
The meeting between the top officials of the Board of Control for Cricket in India and Pakistan Cricket Board ended without any conclusive outcome after the Indian government on Monday refused to give clearance for any bilateral series with Pakistan.
A strike could hit West Indies' tour opener against India on Wednesday due to a row between leading West Indies players and their own union.
Posco-India on Friday said it is now "comfortable" about its proposed Rs 51,000 crore (Rs 510 billion) steel project in Orissa, a day after its compensation package was approved by a committee set up by the state government to iron out land acquisition issues related to the project.
TechHub, which seeks to promote an exchange of ideas and forging of collaborations, was inaugurated by Nick Clegg, deputy PM, UK.
Delhi Metro Rail Corporation has signed a memorandum of understanding (MoU) with Jaipur Development Authority for a four-lane elevated road-cum-metro track project.
The Orissa government on Tuesday rejected the demand to scrap Posco's steel project, saying the Rs 51,000-crore (Rs 510 billion) project could contribute 11.5 per cent to the state's gross domestic products in terms of value addition.
West Bengal signed an MoU with the Centre for jointly implementing Ayushman Bharat but so far officials have received no word about how it will be done and the deadline is almost here.
Infosys to open first overseas campus in China
Society for Elimination of Rural Poverty chief executive officer T Vijaya Kumar and Infosys BPO Limited CEO and managing director Amitabh Chaudhry signed the MoU in the presence of chief minister K Rosaiah, state rural development minister Vatti Vasantha Kumar and other senior officials in Hyderabad.
The Board of Control for Cricket in India (BCCI) vice-president TC Mathew has said that the final decision about the India-Pakistan series is expected to be made in October.
The Pakistan Cricket Board (PCB) has demanded monetary compensation from the Board of Control for Cricket in India (BCCI) and the International Cricket Council (ICC) for damages after India's refusal to play the scheduled series. "We have mentioned it clearly to BCCI and ICC in recent meeting that either India should play cricket with Pakistan or compensate us for damages," PCB Executive Committee Chairman Najam Sethi was quoted as saying by the Dawn.
India and China took their economic relationship a step forward today, signing a memorandum of understanding on 'Expansion of Trade and Economic Cooperation' and recognising the need for "balanced trade".
The Supreme Court on Friday rejected division of gas under the Ambani family MoU and said that it was government's right to decide the price and utilisation of the fuel, which is a national asset.
Mumbai-based Ajanta Pharma has tied up with the Canadian vaccine maker, Medicago Inc, to commercialise Medicago's pandemic and seasonal influenza vaccines in India and other territories.
The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default
Bangalore and San Francisco on Monday signed seven Memoranda of Understanding (MoU) strengthening the "sister cities" arrangement. The MoUs were signed in the presence of Chief Minister B S Yedddyurappa and San Francisco Mayor Gavin Newsom.
Pakistan Cricket Board chairman Shaharyar Khan on Wednesday said that the broadcast rights issue will not be a hindrance for the proposed India-Pakistan cricket series and exuded confidence that the two boards will sort out the matter soon.
The government on Wednesday asserted in the Supreme Court that any suitable arrangement between the Ambani brothers for the supply of gas from K G Basin has to be approved by it keeping the national interest paramount.
The Pakistan Cricket Board is miffed that International Cricket Council chairman Shashank Manohar defended BCCI's decision to not play bilateral series with them during the arbitration meeting on their decision to file a compensation claim of US$ 70 million against the Indian Cricket Board.
France-based tyre manufacturer Michelin Group on Monday signed an MoU with Tamil Nadu government for setting up a Rs 4,000-crore (Rs 40 billion) manufacturing facility in Tiruvallur district near Chennai.
Civil Aviation minister says that certain regulations restricting the growth in the aviation sector needs to be re-looked to attract investments.
Pakistan Cricket Board chairman Ehsan Mani on Tuesday said it is 'hypocrisy' on part of Board of Control for Cricket in India that it lets India play Pakistan at ICC tournaments but ignores bilateral series.
As the production of Micra, the first car from Nissan-Renault, starts at the plant by the end of May, Kiminobu Tokuyama, managing director and chief executive of Nissan Motor India Pvt Ltd, talks to rediff.com about the company's strategy for India, the recession and the auto sector in general.
State-owned SAIL would set up a steel plant in joint venture with South Korean major Posco for which it had already inked an MoU, its chairman S K Roongta said.
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