Kisan Vikas Patra Vs Bank FD: What You Should Know
The government recently relaunched erstwhile popular small savings scheme Kisan Vikas Patra to provide more investment options with the aim to raise the savings rate in the country. But financial planners say the Kisan Vikas Patra can be a good investment option for people who don’t have... read more »
SBI’s $1 bn promise to Adani group: The public bank has a lot of explaining...
The Rs 6,200 crore loan agreement the State Bank of India (SBI) signed during Prime Minister Narendra Modi’s Australian visit to fund Gautam Adani’s Carmichael coal project in Queensland has been questioned on the basis of its merits, with the proposal evoking sharp criticism from Congress... read more »
‘Govt planning to auction more than 74 coal mines in 1st lot’
The auction will help meet the growing demand for the fuel, Coal Secretary Anil Swarup said in Mumbai on Friday, Nov 21. Of the 214 captive coal blocks cancelled by the Supreme Court on September 25, auction of the first lot will begin on February 11 and will be completed by March 15, he added. The... read more »
Future Group acquires supermarket chain Nilgiris for Rs 300 crore
Future Consumer Enterprises (FCEL), the food and FMCG (fast-moving consumer goods) arm of the Kishore Biyani-led Future Group, has acquired Nilgiris, which runs a chain of convenience stores in South India, the company said in a statement on Thursday. The Future Group acquired a 98 per cent stake... read more »
8 million rats in New York? Legend might be flawed
NEW YORK: For some years, statistics have suggested that New York City was getting safer, cleaner and more expensive. Now there is data to suggest the city may not be home to as many rats... read more »
After midterm elections, Obama vows to work with, and without, Congress
WASHINGTON: US President Barack Obama shook off an electoral drubbing on Wednesday and said he was eager to find common ground with Republicans during the final two years of his... read more »
Kerry says ‘driving towards finish’ on Iran nuke deal
US Secretary of State John Kerry today claimed he was ‘driving towards the finish’ to secure what would be a historic deal with Iran over its nuclear programme as a November 24... read more »
Jordan, Palestinians urge UN to stop Israel’s ‘violations’ on Temple Mou...
The Palestinians and Jordanians urged the UN Security Council on Wednesday to demand that Israel immediately stop “violations” at Muslim holy sites in Jerusalem, warning that... read more »
EGYPT: At least 2 policemen injured, 10 injured in train blast
At least two policemen have been killed and 10 others injured in a bomb blast in a train in Egypt, a media report said today. The bomb went off yesterday inside the last bogey of a Cairo-bound train... read more »
