Page-10 of CNX Nifty

Government rejects Fitch ratings

June 23, 2012

Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about them. Finance Minister Pranab ruled out the Fitch revision enunciating that the ..

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SBI violates RBI norms on RIL loans

June 12, 2012

SBI temporarily exceeded RBI-set credit exposure limit for the consecutive 4th year in 2011-12 in case of loans given to Reliance Industries Limited (RIL). It also infringed RBI’s single borrower exposure rules in case of loans to two state-run entities ..

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SBI posts nearly 200-time increase in profit for Jan-March period

May 23, 2012

SBI, India’s largest bank posted nearly 200-time increase in profit at over Rs 4,000 crore for January-March period. This is the highest ever quarterly profit in SBI’s history and is on the back of a sharp fall in provisioning for ..

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Cabinet approves proposal to permit GAIL to sign agreement on TAPI Gas pipe line project

May 23, 2012

The Union Cabinet approved the proposal of the Ministry of Petroleum & Natural Gas to permit GAIL India Limited to ink the Gas Sale & Purchase Agreement (GSPA) with Turkmenistan’s national oil company Turrnen-Gas, for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline ..

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Govt disallows $1.24 bn RIL cost recovery

May 7, 2012

The Petroleum Ministry disallowed the RIL’s (Reliance Industries Ltd) $1.24 billion cost recovery from its investment in the KG-D6 field, in the Krishna-Godavari (KG) basin. RIL has already taken the government to the Supreme Court over its inability to nominate ..

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Government decides to study the ONGC auction before further stake sales

March 3, 2012

Government  to study the ONGC auction process before moving ahead with further stake sale of companies. With LIC (Life Insurance Corporation) coming to the rescue the last moment, the share sale of ONGC was finished completed successfully. Govt has also ..

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Current Affairs : February 1, 2012

February 3, 2012

Dassault Aviation bags India’s biggest ever military contract for supplying combat aircrafts to Indian Air Force French firm Dassault Aviation bagged India’s biggest-ever military contract. This contract is for supplying 126 Rafale combat aircraft for the Air Force. Dassault Aviation ..

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Private sector investment in Inland Waterway Transport to speedup

January 31, 2012

The PM has pioneered a move to speedup the growth and usage of Inland Waterways Transport involving the private sector and Public Sector Undertakings. The go-ahead will harness potential of inland waterways in transporting bulk cargo like coal, fly ash, ..

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Current Affairs : January 24, 2012

January 29, 2012

Al-Qaeda takes over Yemen city In Yemen, Al-Qaeda militants have taken over the city of Rada in the Southeastern Al Bayda province. They have named Tareq al-Dahab, a brother-in-law of slain US-born cleric Anwar al-Awlaqi, who was killed in a ..

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Quick Current Affairs 1

January 11, 2012

Quick Current Affairs 1Ashok Chavan is the new Chief Minister of Maharastra. Najam Sethi has been awarded the 2009 Golden Pen of Freedom. He is editor-in-chief of Daily Times , Friday Times and Urdu Aajkal. Chritiano Ronaldo is the winner ..

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