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ICICI Bank revises NRI deposit rates
ICICI Bank announced that it has revised its interest rates on NRE Fixed Deposits and FCNR Deposits with effect from July 1, 2008.
The interest rates on NRE Fixed Deposits have been increased by up to 15 bps for various maturities.
Interest rates on 1 year FCNR Deposits denominated in US Dollars have been increased to 2.56%...
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Singapore Airlines to double daily flights from Delhi
SA is working on an aggressive expansion plan in India, beginning with doubling its daily flights from New Delhi from September.
At present, the airline operates nine flights a week from Delhi using the Boeing 777-200 aircraft, with a three-class configuration.
The new flights will be called 'Sunrise'..
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Congress party reshuffle in Gujarat, Tamil Nadu and Himachal
Major reshuffle in cogress party organisational structure with the appointment of new party presidents in Gujarat, Tamil Nadu and Himachal Pradesh.
Party MLA Siddharth Patel, son of former Gujarat chief minister Mr Chimanbhai Patel, has been appointed...
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Emigration Act to be tightened shortly
Government has finalised amendments to the Emigration Act and the changes will be in place shortly. This was announced by the Union Minister of Overseas Indian Affairs, Shri Vayalar Ravi in New Delhi . He was addressing a Consultation Meeting with the State Governments on...
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President condoles loss of lives in Kabul terrorist attack on Indian Embassy
The President of India, Smt. Pratibha Devisingh Patil has learnt with deep sorrow of the passing away of Defence Attache Brigadier R.D. Mehta, Counsellor Venkateswara Rao of the Indian Foreign Service, Ajai Pathania and Roop Singh both of the Indo-Tibetan Border Police...
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UCO Bank will raise about 825 crore rupees from the market
UCO Bank said it will raise about 825 crore rupees from the market, this year, to fund its business growth. The bank will raise 325 crore rupees through preferential non-convertible bonds during the second quarter, and about 500 crores from a follow-on public offer in the third quarter...
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