New bank to fund micro units, more relief for farmers

New bank to fund micro units, more relief for farmers

Prime Minister Narendra Modi on Wednesday launched a bank with a corpus of Rs.20,000 crore to extend credit of up to Rs.10 lakh to small businesses and regulate micro-finance institutions, to promote their growth, add to the country’s output and create jobs. The move is aimed at benefiting some 58 million small businesses in the […]

Morgan Stanley sees ‘Achhe Din’ for India

Morgan Stanley sees ‘Achhe Din’ for India

With the rural wage growth coming down to a nine-year low at 5.5 percent this January and inflation seemingly stabilizing, India is bracing for a long period of higher sustainable growth and lower prices, financial services firm Morgan Stanley said on Monday. “We are more constructive on inflation outlook and we expect the retail price […]

PM discusses Muslim issue with community leaders

PM discusses Muslim issue with community leaders

Prime Minister Narendra Modi on Monday met a group of Muslim leaders who voiced their concerns, including the growing radicalisation of the young in the country’s largest religious minority. As they sought the government’s support in providing better facilities to Muslim youths particularly in education, Modi gave them a patient hearing, an official statement said. […]

Growth, environment can co-exist; India must lead fight on climate: PM

Growth, environment can co-exist; India must lead fight on climate: PM

Seeking to scotch “lies” being floated about the land acquisition bill, Prime Minister Narendra Modi on Monday asserted that it synergized India’s growth imperative with the need for environment protection, while calling for the country to demonstrate leadership in tackling the global threat of climate change. Inaugurating the state environment and forest ministers’ conference here, […]

Three policemen killed in Kashmir terror attacks

Three policemen killed in Kashmir terror attacks

Three policemen were gunned down and a policeman and a former militant were left critically injured in three terror attacks — the first major strike in the Valley since the Mufti Mohammad Sayeed government came to power in March. A police officer said the guerrillas attacked a three-member police party at Amshipora village in Shopian […]

Controversy over Good Friday internal matter: CJI

Controversy over Good Friday internal matter: CJI

Chief Justice of India Justice H.L. Dattu on Sunday sought to play down the controversy over the holding of the high court chief justices conference on Good Friday, saying it was an internal “family matter” and would be settled. Describing as “unfortunate” the raising of the issue by Justice Kurian Joseph, Chief Justice Dattu told […]

Meghalaya celebrates Easter

Meghalaya celebrates Easter

Christians in Meghalaya on Sunday joined their brethren the world over in celebrating Easter. Cathedrals and churches in the Christian-majority state were thronged by believers for special mass and other celebratory events. It was a day of coloured Easter eggs and buns all over the state. Archbishop of Shillong Dominic Jala presided over the Easter […]