RBI to issue inflation linked bonds to attract household savings
Thursday - May 16, 2013, 03:27pm
The Reserve Bank of India (RBI) will launch inflation-linked bonds every month to attract household savings of up to Rs.15,000 crore in fiscal 2013-14, so as to discourage investments in gold.
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Record 2.7 mn tourists in Goa in 2012
Thursday - May 16, 2013, 01:55pm
A record 2.7 million tourists landed in Goa last year, the tourism department has said.
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US degree in supply chain management from Mumbai
Thursday - May 16, 2013, 01:25pm
With India opening up the retail trade sector to overseas investment, the University of Southern California is offering a master of science degree programme in global supply chain management through the SP Jain Institute here.
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Bank officials held in Russia over $1.5 mn bribe
Thursday - May 16, 2013, 01:24pm
The CEO and a senior manager from Rosbank, the Russian subsidiary of French banking giant Societe Generale, have been detained over an attempt to take a five million ruble bribe, the interior ministry said.
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Etihad Airways launches maiden flight to Amsterdam
Thursday - May 16, 2013, 01:03pm
Etihad Airways, the national airline of the UAE, Wednesday launched its inaugural flight to the Netherlands' capital Amsterdam.
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GVK Power Q4 losses jump
Thursday - May 16, 2013, 11:31am
Energy and infrastructure major GVK Power & Infrastructure (GVKPIL) Wednesday reported a consolidated net loss of Rs.171.01 crore for the quarter ended March 31, 2013, against a net loss of Rs.20.88 crore in the corresponding period a year ago.
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German naval wares major Atlas sets up Indian subsidiary
Wednesday - May 15, 2013, 06:45pm
Germany-based Atlas Elektronix, a leader in naval electronics, has set up a subsidiary here to intensify its partnership with India's government-run institutions and also initiate and expand existing ventures with domestic firms.
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Chidambaram leaves for five-day foreign visit to UK, France and Qatar
Wednesday - May 15, 2013, 06:30pm
Finance Minister P. Chidambaram left today on a five-day three nation tour of UK, France and Qatar
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RBI to issue inflation-linked bonds
Wednesday - May 15, 2013, 06:06pm
The Reserve Bank of India (RBI) will issue inflation-linked bonds of Rs.12,000 crore to Rs.15,000 crore in the current financial year to protect the savings of the poor and middle classes from the general price rise and help curb gold imports.
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Tata Motors Group April global sales down 7.02 percent
Wednesday - May 15, 2013, 06:03pm
Automobile major Tata Motors Wednesday reported a 7.02 percent decline in group global sales in April, which stood at 81,241 units from 87,377 units sold in the corresponding month of 2012.
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