| Banking regulation prime concern: Fed | 22-NOV-09 |
|
| Federal Reserve officials are stepping up scrutiny of the biggest US banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter. |
|
|
|
| Spend less, save more: Obama to Americans | 22-NOV-09 |
|
| As the US tries to emerge from a deep economic recession, President Barack Obama today told Americans to save more and spend less so as to bring the federal deficit under control. |
|
|
|
|
|
|
| DCB raises Rs 81 cr through QIP issue | 20-NOV-09 |
|
| Development Credit Bank (DCB) today said it raised Rs 81 crore by private placement of shares with qualified buyers. After the qualified institutional placement (QIP), the promoter group’s — Aga Khan Fund of Economic Development (AKFED) — holding in DCB came down to 23.11 per cent from 26.22 per cent earlier, Development Credit Bank said in a filing with the Bombay Stock Exchange. |
|
|
|
| CII to raise trained workforce for industries | 20-NOV-09 |
|
| To develop soft skills of students in various management and technical institutes, the Confederation of Indian Industry (CII), MP Chapter, is in talks with various institutes. The idea is to encourage the students from weaker sections of the society to join industry through orientation and development of soft-skills. Further, the CII is also toying with an idea to do assessment of top technical institutes so that it can suggest ways for the institute to improve its weaker areas. |
|
|
|
| Cabinet approves Rs 7,266-cr plan for Bundelkhand | 20-NOV-09 |
|
| The Union Cabinet has approved a special package worth Rs 7,266 crore for the Bundelkhand region, comprising parts of Uttar Pradesh and Madhya Pradesh. The aim is to mitigate the effects of drought in seven districts of UP and six districts of MP. The project is spread over a three-year period. |
|
|
|
|
|
|
| DGCA to more than double staff | 20-NOV-09 |
|
| The Directorate General of Civil Aviation (DGCA) will nearly triple its current staff strength to meet the demands of a growing aviation industry. The aviation regulator, which currently has a staff of about 250, has created 427 Group-A posts in various directorates across the country. |
|
|
|
| State to harness wind energy | 19-NOV-09 |
|
| Energy-starved Karnataka is looking to harness renewable energy to meet the demand and supply gap in the state. The government, which is in the process of finalising a dedicated policy for renewable energy, has identified a potential to produce 12,000 Mw from wind energy alone. |
|
|
|
| Vavasi to approach BSNL, MTNL for due diligence of Zain | 18-NOV-09 |
|
| Vavasi group, a city-based firm with diverisifed interests, today said it would approach government-owned Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) to join in doing due diligence of Kuwait's Zain Telecom. |
|
|
|
| Fed's choices 'severely limited' savings on AIG | 18-NOV-09 |
|
| The Federal Reserve Bank of New York gave up efforts to save taxpayer money on American International Group Inc’s rescue after the insurer’s biggest trading partners refused to make concessions, said a Treasury watchdog. |
|
|
|
| ONGC: Handcuffed to Policy | 17-NOV-09 |
|
| Firm crude prices are reflexive to a healthy outlook for ONGC. However, inspite of a near universal conviction on rising crude prices, ambiguity on policy issues especially regarding the subsidy sharing mechanism is a drag on the stock. The company, though, stands to gain from a petroleum ministry proposal to raise the administered pricing mechanism (APM) for gas by 33% to Rs 4250 per mBTU from Rs 3200 currently, as the government inches towards fuel pricing reforms. |
|
|
|
| Bernanke says Fed will keep eye on sliding dollar | 17-NOV-09 |
|
| Federal Reserve Chairman Ben Bernanke has said that the central bank will monitor the sliding U.S. Dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery. |
|
|
|
|
|
|
| Ore exports to China may cost more | 15-NOV-09 |
|
| India’s iron ore price for cash sales to China may rise about 4 per cent this month as supplies shrink from one of India’s biggest producing states following a government directive to mines to halt work. |
|
|
|
Content Guide
