India
recently has signed a MoU with the United Kingdom to boost Urban Development
across the country. The MoU will also focus on the Urban Regeneration, which is
very much required considering the present scenario. The MoU was inked in
London by Kamal Nath, who is the Union Minister of Urban Development and Dr.
Vince Cable, who is the British Secretary of State for Business, Innovation and
Skills.
Wednesday 28 November 2012
Monday 26 November 2012
Government Sanctions Rs 130 Crore to ITI
The Indian Telephone Industries (ITI) received a huge financial
assistance of Rs 130 crore from the Government of India. ITI, which is a state
run company, is suffering a huge loss for last few years. It has failed to pay
salary to its employees, so the government is helping ITI to pay due salaries
to its employees. The Cabinet Committee on Economic Affairs has sanctioned this
financial assistance in the form of grants-in-aid to ITI. This aid will help
the suffering company (ITI), which is facing a very hard time, to pay the
salary to its employees for the next four months.
Saturday 24 November 2012
NIESBUD has signed a MoU to Promote E-Learning Initiative
The National Institute for Entrepreneurship and Small Business
Development (NIESBUD), which is an important organization of the Ministry of
Micro, Small and Medium Enterprises (MSME), Government of India, is recently in
big news for signing a MoU with the Sun Online Learning India Private Limited to promote the E-Learning Initiative. The
Initiative has been developed by the Company for career boost and career
planning.
Tuesday 20 November 2012
Loans to buy Gold is now banned by RBI
A recent
notification from the Reserve Bank of India (RBI) issued a complete ban on all
the banks of India from granting any loans to its customers for buying gold in
any form possible. This ban includes primary gold, gold bullion, gold
jewellery, gold coins, units of gold Exchange Traded Funds (ETF) and units of
gold mutual funds.
The Central
Bank declared this after their October 30 Policy meet on Monday only. The
banking regulator has given a sigh of relief to the various jewelers, as the
banks of India are allowed to give loans for “genuine working capital
requirements to jewelers”.
Five Indian Airports get status of International Airport
Five
Indian airports complete their way to get the status of International Airport.
The Union Cabinet recently approved granting of International Airport status to
five airports, which are situated in Lucknow, Varanasi, Mangalore,
Tiruchirapalli and Coimbatore. This is one of the important steps of modernized
India.
All the
above mentioned airports are well-capable of handling small to medium capacity-range,
long-range type aircraft. Not only that these airports are also equipped with
the facilities for night operations too.
Sunday 18 November 2012
India and Austria signed a MoU on Technology Cooperation recently
India
added a new MoU to its kitty recently.
This time India signed Memorandum of Understanding (MoU) with Austria.
The MoU is on Technology Cooperation in the Shipping and Ports Infrastructure
Sector, which is one of the sectors which need to be upgraded for obvious
reason.
Doris
Bures, who is the Austrian Federal Minister for Transport, Innovation and
Technology, signed the MoU with G.K. Vasan, who is the Minister of Shipping,
Government of India. It was signed in the capital of the Country, New Delhi.
Both the Minister expressed their excitement about this mutual cooperation.
Saturday 17 November 2012
State Level Banker’s Committee recently held their 149th Meeting
The meeting of state
level banker’s committee held in Bhopal on 17th November, 2012. That
was the 149th meeting of State Level Banker’s Committee. The meeting
was arranged by convenor bank, Central Bank of
India which was co-chaired by R Parasuram, chief secretary to Government of
Madhya Pradesh and MV Tanksale chairman & managing director, Central Bank
of India. The deputy governor of Reserve Bank of India (RBI) KC Chakrabarty was
especially grace the event by presenting in the meeting.
Friday 16 November 2012
India and Egypt has signed a MoU for Poll Management cooperation
India
has signed a MoU along with the Arabian country Egypt recently. The MoU is
aiming for cooperation in the field of electoral management and administration.
To be precise this MoU will benefit both the countries to conduct their
respective polls smoothly.
India’s
Chief Election Commissioner V.S. Sampath and Secretary General of Egypt’s
Election Committee Hatem Bagato signed the MoU on behalf of their respective
countries. Both of them said that this is an essential one and it will be
beneficial for both the countries.
Tuesday 13 November 2012
58 Space Missions to be launched by ISRO during 12th plan
Indian Space Research Organization (ISRO) is all set to launch a total
number of 58 space missions in the next five years. These missions include
sending spacecraft to moon and Mars, an exclusive satellite to keep a
round-the-clock watch on all over the country and deploy a total number of five
hundred transponders.
Saturday 10 November 2012
Foundation stone of Kochi Metro Railway Project laid
After a long wait, finally Kochi Metro Railway Project started its
voyage. Recently the honorable Prime Minister Mr. Manmohan Singh himself laid
the foundation stone for the Kochi Metro Railway Project. The expected cost of
this project is Rs 5,180 crore and it is to be completed in three years only.
Mr. E. Sreedharan, who is a former administrative member of Delhi Metro, is the
main key man behind this project. He is the live wire indeed.
Golden Jubilee for Institute of Hotel Management Pusa
It’s the
golden jubilee year for the Institute of Hotel Management, Catering and
Nutrition, Pusa. It is situated at the capital city New Delhi and it works
under the Ministry of Tourism of Government of India. The institute was
established in the year of 1962, it has a long and beautiful journey in its
fifty years of existence. It is eventually an autonomous registered society
under the aegis of Ministry of Agriculture, Government of India.
Friday 9 November 2012
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