Royal Bank of Scotland (RBS) unit in Japan to pay $50 million over Libor
New York – A Japanese investment banking unit of Royal Bank of Scotland Group Plc was ordered on Monday to pay a USD 50 million criminal fine after pleading guilty to wire fraud over its role in manipulating the benchmark interest rate Libor. RBS Securities Japan Ltd had entered its plea last... read more »
CBI files two more fresh FIRs : Coal scam
New Delhi – The Central Bureau of Investigation (CBI) on Wednesday filed two FIRs against two companies in the coal block allocation scam that the agency is investigating in. As per reports, the FIRs have been filed against against BLA Industries Pvt Ltd, Gastron Technologies Pvt Ltd and some... read more »
Economy heading towards better times, no reason to despair : Prime Minister...
New Delhi – Prime Minister Manmohan Singh Wednesday sought to dispel apprehensions of the Indian diaspora on the state of the economy, saying the country was heading towards “better times” and there is no reason to despair about its present or worry about the future. He also said... read more »
Manish Tewari denies reports on PM resigning
New Delhi – Information and Broadcasting Minister Manish Tewari Tuesday denied reports of that Prime Minister Manmohan Singh would announce at a press conference scheduled for Friday that he was resigning. Television channels, quoting sources, said the prime minister is likely to resign in... read more »
Fructose itself has no impact on heart disease: study
Toronto – Fructose, naturally found in fruit, vegetables and honey, is the sugar often blamed for the obesity epidemic and doctors the world over warn against having an excess of... read more »
PM to face press conference on January 3
New Delhi – Prime Minister Manmohan Singh will address a press conference at 11 a.m. on January 3 at the National Media Centre in central Delhi. Friday’s press conference will... read more »
Arup Raha takes over as IAF chief
Air Marshal Arup Raha, an ace fighter pilot, on Tuesday took over as the Air Force chief succeeding Air Chief Marshal NAK Browne. Born on December 26, 1954, he is expected to have tenure of... read more »
Kejriwal sick, misses office Tuesday too
Ghaziabad – Delhi Chief Minister Arvind Kejriwal will not attend office Tuesday too as he is still unwell. “Arvind still has fever and his diarrhoea continues. Now his blood... read more »
Decoded: How honeybees determine sex
London – The truth behind the unique sex-determination system in honeybees – where males develop from unfertilised eggs and females develop from fertilised eggs – is out. Five amino... read more »
