‘4 bombs in Cairo metro stations, at least 2 hurt’
Four makeshift bombs exploded within minutes of each other at three Cairo metro stations during morning rush hour on Wednesday, wounding at least two people, Egyptian police said. One bomb went off at the station of Ghamra, in central Cairo, while the others occurred at Shubra el-Kheima and Hadayek... read more »
Hillary Clinton and Michelle Obama’s political reunion amid rumours of rift...
WASHINGTON: First Lady Michelle Obama has shot down speculation that she is poised to enter politics while maintaining that the United States should elect a woman president ”as soon as possible” – remarks seen as an implicit endorsement of a prospective Hillary Clinton bid for the... read more »
RBI allows NBFCs to work as business correspondents for banks
The Reserve Bank of India (RBI) on Tuesday permitted non-banking finance companies (NBFCs) to act as business correspondents (BCs) of banks, allowing them to offer limited services with the aim of spreading financial inclusion. “It has been decided that banks will be permitted to engage... read more »
Reliance Communications raises Rs. 4,800 crore via share sale: sources
Reliance Communications Ltd on Wednesday raised Rs. 4,800 crore ($804 million) by selling shares, people involved in the process said, in what is the single biggest equity issue since the pro-business Narendra Modi government took office. The proceeds will help the company’s third-largest... read more »
Time to take action to fix health of Indian economy: FM
Finance Minister, Arun Jaitley said that it is a challenging time for the Indian economy and growth of less than 5 percent has its immediate effect on the revenue growth of the country.... read more »
Sugar remains steady on hike in import duty
Sugar prices spurted by nearly 1 per cent to Rs 3,174 per quintal in futures trade today as participants indulged in creating speculative positions after the government raised import duty... read more »
Air India Joins Star Alliance Group
Air India Ltd has joined the Star Alliance group of carriers, a spokesman said on Tuesday, a move that could help boost revenues at the loss-making state-run airline. Executives at Star... read more »
What might have been draws Nitish Kumar closer to Lalu Prasad
In reaching out to his arch-rival Lalu Prasad for support, former Bihar chief minister Nitish Kumar’s immediate necessity was countering an attempt by rebels in his party to defeat his... read more »
Poor monsoon in 80 per cent of India in first 3 weeks of season: ...
PUNE: About 80 per cent of the country has received deficient to scanty rainfall between June 1 and June 23, according to India Meteorology Department (IMD) data, deepening concerns about a... read more »
