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 »
Tony Abbott and Angela Merkel announce joint working group to boost trade between Australi...
Speaking at a lecture hosted by the Lowy Institute in Sydney, Ms Merkel said recent deals with Korea and Japan, today’s deal with China, and the prospective Trans-Pacific Partnership... read more »
18 killed in China plant fire
Beijing: At least 18 people were killed after a major fire at a food company in east China`s Shandong province, authorities said Monday.The fire broke out at 7 pm Sunday at a carrot... read more »
One dead, 200 arrested as Kenya police raid radical mosques
Mombasa: One man was killed on Monday as Kenyan security forces arrested over 200 people and seized weapons in raids on mosques accused of links with Somalia’s Al Qaida affiliated Al... read more »
Suicide attack in Afghan capital wounds female MP
A suicide bomber tried to assassinate a prominent female member of Afghanistan’s parliament on Sunday, killing three people and wounding the lawmaker, a senior official said. Shukria... read more »
Nikkei sees biggest drop in three months as recession news hits
Tokyo: Tokyo stocks suffered their biggest one-day slump since August on Monday after Japan`s economy unexpectedly slipped into recession, prompting investors to book profits from recent... read more »
