The Reserve Bank on Wednesday said it plans to issue new bank licences around January, "consistent with the highest standards of transparency and diligence."
The Travancore Devaswom Board has insured the Sabarimala Ayyappa shrine for a value of Rs 30 crore (Rs 300 million) and also introduced a free-of-cost accident insurance project for pilgrims visiting the holy place.
It is unconscionable to choose between Sardar Patel, who united India physically, and Indira Gandhi, who gave meaning, content and pride to the unity of the nation and became a martyr at the altar of national unity, says Ambassador T P Sreenivasan.
Gujarat Chief Minister Narendra Modi on Tuesday attacked Prime Minister Manmohan Singh for delaying the approval for installation of gates at Sardar Sarovar dam, and requested him to at least heed the demand of state Congress leaders on the same.
Accusing the ruling Bharatiya Janata Party of having "reaped benefits" of communal polarisation in the Lok Sabha elections, the Congress on Wednesday said the government should now focus on good governance and deliver on promises.
When Congress delegates gathered at Burari in 2011 for a two-day All India Congress Committee session, the political resolution adopted at the meeting was unusually harsh on the Bharatiya Janata Party and its ideological mentor the Rashtriya Swayamsevak Sangh, even going as far as to liken the right wing group to Nazis for its hatred of Muslims.
A slight intensity quake was on Friday felt in many parts of Andhra Pradesh, Karnataka and Tamil Nadu.
A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for deciding on applications.
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
'The obsession of the Pakistan army with India leads to several destabilising things. Support for the Taliban in Afghanistan. Support for groups like the Lashkar-e-Tayiba, that have attacked India. Every time you get an attack like that there is a possibility of a war. And then the build up of the their nuclear arsenals. Chances of a nuclear weapon landing in the hands of a terrorist group, or a nuclear war breaking out, are tiny. But they are higher here than anywhere else in the world.'
Kickstarting her party's Lok Sabha campaign from a mammoth rally in Kolkata, Trinamool Congress supremo Mamata Banerjee on Thursday said her party would go it alone in the polls and renewed her call for a federal front.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
As a Congress-Bharatiya Janata Party war of words broke out over Sardar Patel's legacy, Congress on Thursday portrayed Narendra Modi with his "designer clothes and branded glasses" as a contrast to India's Iron Man, "who saved Muslims during 1947 riots" and was "humility personified".
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
Bangladesh gearing up for their biggest battle against defending champions India in the cricket World Cup quarter-finals.
Billed as the biggest development centre outside America, the global IT giant Microsoft inaugurated a new campus in Hyderabad.
Rajmohan spoke with rediff.com, sharing his thoughts on what ails East Delhi, the future of AAP and his plans for strengthening the party.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
The Centre on Friday announced a special voluntary retirement scheme for employees of four public sector general insurance companies to cut the excess flab.
The three PSU insurers managed a meagre 2-4 per cent growth in business and eroded their market shares, while private players grew by 70 per cent to grab over 14 per cent of the general insurance market during 2003-04.
The general insurance industry recorded 12.5 per cent growth in business at Rs 14,452 crore (Rs 144.52 billion) during April-February 2003-04, mainly on the strength of a robust 72 per cent growth of private players.
In a major judgement to help innocent road accident victims, the Supreme Court has ruled that an insurance company was liable to pay compensation to the victims even if the driver of the vehicle, which met with an accident, had a fake driving licence
Public general insurance companies to collaborate for speedy settlement of claims
Making a scathing attack on the Bharatiya Janata Party, Congress President Sonia Gandhi on Friday warned that the country faced the biggest threat from communal forces and their ideology even as the AICC resolution called upon "like-minded political and social forces to come together at this critical juncture".
Bharatiya Janata Party leader Narendra Modi on Thursday chose a global NRI meet to hit out at Prime Minister Manmohan Singh who had said that "we are set for better times".
The fact that Tamil Nadu Chief Minister J Jayalalithaa approved an expenditure of Rs 29 crore for the World Chess Championship between Viswanathan Anand and Norway's Magnus Carlsen to be held here points to the significance the event has for the state government.
Any investment proposal in India has to be cleared by the Cabinet which leads to a vicious cycle of approvals and rejections, says
'Pakistan's capacity to carry a normal relationship with India doesn't exist.' 'The relationship with Pakistan is less important than several others.'
The people in charge of the PM's security need to shift the emphasis from the numerical (the number of policemen deployed) to technology-based solutions to sanitise the area where he resides, works and during his road journeys, says Anil Chowdhry, former secretary (internal security), ministry of home affairs.
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