In what may reduce the underwriting capacity of the general insurance industry, General Insurance Corporation has withdrawn the market surplus treaty with effect from April 1.
After revising the sovereign outlook for India from stable to negative, Standard & Poor's Director for Sovereign and International Public Finance ratings Takahira Ogawa says the fiscal position holds the key to future course of action.
Intense global competition and rapid growth are forcing Indian firms to examine corporate enterprise risk management (ERM) elsewhere, especially in Europe, Australia and North America, where the process is more mature, according to a study. ERM is a cohesive, enterprise-wide process allowing companies to identify, assess and respond to the social, political and economic risks of doing business.
Sixteen people out of the total 48 convicted in one of the multi-crore fodder scam cases have been sentenced by a Central Bureau of Investigation special court.
Internet search giant Google on Thursday said it will be "happy to help" India in implementing a project to provide unique identity numbers to citizens, if asked.
Sources close to the development said the finance ministry was yet to receive a formal proposal to this effect from the bank, though SBI chairman OP Bhatt had recently said the lender had sought government permission to raise Rs 20,000 crore (Rs 200 bn).
Here is what mutual fund expert Anil Rego has to say about bonus, entry and exit loads and investing in mutual funds.
A defiant North Korea on Friday test-fired another short-range missile and warned of more 'self- defence counter-measures' if 'hypocrites' in the United Nations Security Council slapped sanctions on it for this week's nuclear test. North Korea launched a new type short-range missile with an estimated range of 160 km from its Musudan-ri rocket launch site on its east coast, a South Korean official said.
South Korea drew 2-2 in a tense Group B match with Nigeria to advance to the second round of the World Cup on Tuesday.
These struggling metros have a combination of high unemployment, steep cost of living and low median income.
Keshubhai Patel, who was the rallying point for the detractors of Chief Minister Narendra Modi, and Rana were accused of 'sabotaging' the party's poll prospects through their public statements, which 'helped' the ruling BJP's political rivals in the state.
From Taylor Swift's steamy kiss with her new boyfriend to Rihanna's new perfume, we bring you the latest gossip.
Finance Minister P Chidambaram said Inflation control measures like sucking excess money out of the economy and the robust GDP growth cannot go hand in hand. Tightening of money supply would impact growth. The RBI is due to announce the annual credit policy on April 29 and economists are expecting hike in the CRR in the wake of inflation touching a three-year high of 7.41 per cent, bringing the government under political and public pressure.
They were arrested by the National Invesitgation Agency in the Kanakamala IS terror plot case.
On all key issues, Congress is MIA, sighs Shekhar Gupta.
United States President George W Bush will sign the law on the India-US nuclear agreement very soon, US Secretary of State Condoleezza Rice said in New Delhi on Saturday.Addressing a joint press conference with External Affairs Minister Pranab Mukherjee, Rice assured that the US will keep its commitments both to the 123 agreement and the Hyde Act while implementing the nuclear deal with India.Rice added that the Hyde Act was consistent with the 123 agreement.
Wipro Infotech on Tuesday announced its partnership with Israel-based RiT Technologies for marketing of latter's Intelligent Physical Layer Management Solutions in the country.
Police informed that a police team led by Deputy Superintendent of Police Raymond Diengdoh cordoned a hideout of the banned Hynnewtrap National Liberation Council at Paham Umdoh village early Wednesday morning. On being surrounded, the ultras opened indiscriminate fire, injuring the DSP seriously. In the ensuing gun battle, one militant was killed while two others were arrested. Rest of the group managed to flee.
The North Eastern states of Mizoram and Meghalaya are making their colourful presence felt in markets across the country and abroad, thanks to the anthriums and roses produced by them. In Meghalaya, roses are cultivated by female gardeners who often belong to local self-help groups. The mass cultivation of roses and anthriums started in November 2002.
He stressed the need to 'ignite the minds' and attract the imagination of young students in order to inspire them to make discoveries relevant to the World Space Vision 2050. Kalam called for all space-faring nations to optimise their space capabilities by contributing substantially in technology and resources.
Romesh Sharma, the alleged front-man of underworld don Dawood Ibrahim, was on Monday sentenced to two years' rigorous imprisonment in a 12-year-old tax evasion case. Besides the sentence, Additional Chief metropolitan Magistrate Kanwaljeet Arora also imposed a fine of Rs 3 lakh on Sharma.
The Lal Bahadur Shastri Institute of Management, Delhi, invites applications for its Post-graduate Programme in Management.
The Andaman and Nicobar Islands were again jolted by three successive tremors on Saturday, just a day after three quakes shook the islands, official sources said.Deputy Commissioner of the Andaman and Nicobar Islands, S N Jha said, the latest tremor measuring 6.3 on the Richter scale was felt at 6.26 pm today.Jha said the epicentre of the quake was located 132 km south-west of Port Blair, 35 km beneath the sea.
India's Commerce and Industry Minister Kamal Nath has been honoured as global 'FDI Personality of the Year 2007' by a Financial Times Group publication.
It's a wake up call for all those busy working at odd hours in offices -- working in night shifts can cause cancer by disrupting your body clock.
In a historic first for international football, seven women officials have been picked as support referees for the FIFA Under-17 World Cup in India, which kicks off on October 6.
Dennis Keith Rodman, who faced widespread criticism after his controversial trip to North Korea recently, has reportedly said that he would not return to the oppressive state if the American people did not want him to go.
The 34-year-old quit ODIs after last year's World Cup and is now giving up Tests to focus on his family and business interests.
Defending champion John Kelai of Kenya and twice winner Mulu Seboka won the men's and women's titles respectively in the Mumbai Marathon, while Ramsingh Yadav emerged the fastest Indian runner.
The band, which will be opening its Humanity World Tour in Shillong, had just arrived directly by a chartered flight from Portugal where they performed at few concerts. They have covered 29 countries so far and India will be the thirtieth country in the list for this year.
The Air India and Indian Airlines combine, wearing the new Air India brand and livery, is set to give a snazzy new look for its cabin crew.
For "protection and upkeep" of cows, Haryana Assembly on Monday night passed a Bill which clamps a complete ban on cow slaughter in the state and provides for a rigorous imprisonment ranging from three years to ten years for killing the animal.
Businesses have donated nearly $14 billion to cure society's many ills.
Mirabai made a strong comeback from a lower back injury that had kept her out of action for nearly nine months post the 2018 Commonwealth Games.
The Supreme Court, while granting him bail, made it clear that he will have to surrender before TADA court once he gets copy of the judgment.
Venus Williams suffered a shock 4-6, 7-6, 6-4 defeat by France's Virginie Razzano in the Japan Open final.
Former World No. 1 Deepika Kumari yet again flopped on the big stage as it turned out to be a depressing day for India's recurve archers, whose challenge ended at the Asian Games, on Thursday.
Warsi, a professor of South Asian Languages and Linguistics in Washington University in St Louis, said there was a clear-cut change in the atmosphere and that the sense of insecurity no longer existed among Muslim in America.
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