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Breaking News Fri, 27 Jan 2012
Bank of India - national bank in India
(photo: WN / Aruna Mirasdar)
Bank of India sees subdued growth in corporate loans
The Times Of India
MUMBAI: State-run lender Bank of India expects a subdued growth for its corporate loan book in the coming quarters and will be cautious about lending to risky sectors, senior officials said, as increased provisions due to debt restructuring and credit losses hurt the bank in October-December. | Corp...
Bank of India - banking system in India
(photo: WN / Aruna Mirasdar)
'Bank of India sees subdued growth on corporate loans'
The Times Of India
MUMBAI: State-run Bank of India sees subdued growth on corporate loans going forward, while rising debt restructuring by corporates is exerting stress on the bank's assets, executive director N. Seshadri said on Friday. | He said stress is evident in the loans given to textile, aviation, steel and p...
Lease of 'own land' was impetus for campaign
Canberra Times
It was pitch black in the earliest hours of the morning the minute the tent embassy was born. | About 1am on January 26, 1972, four Aboriginal men from Sydney had pitched a beach umbrella on the lawns of Old Parliament House and waited for the sun to...
Govt scraps $430m public service office block
Canberra Times
The ACT Government has walked away from its plan to build and operate a $430million office building in Civic for 3000 of its public servants. | The Government justified the policy reversal yesterday, saying $500million would be channelled into health...
New insurance schemefor unorganized workers
The Times Of India
SHARE | AND | DISCUSSTweet | PATNA: The Bihar government is all set to launch its own insurance scheme anytime soon to bring into net "unorganized workers and shilpkars (craftsmen)" of the state replacing the Centre's Aam Admi Bima Yojana that had co...
Medical infra corporation to become functional soon
The Times Of India
SHARE | AND | DISCUSSTweet | PATNA: Bihar Medical Services and Infrastructure Corporation (BMSIC) will become fully functional from April 1 this year. | The overall objective of the corporation, set up last year, is to procure and ensure provision of...
The Garbage is thrown at the backyard.      .
WN / Priya Dashini
New garbage collection, street cleaning mechanism
The Hindu
A new garbage collection and street cleaning mechanism has been introduced in the city. This follows the completion of design of the route map of all 200 wards of the Chennai Corpo...
President Barack Obama delivers the State of the Union address in the House Chamber at the U.S. Capitol in Washington, D.C., Jan. 24, 2012.
White House / Chuck Kennedy
The 'Malaise' of Hope
WorldNews.com
Before Dante Alighieri descended into hell in the "Divine Comedy," an inscription above the door read: Abandon Hope All Ye Who Enter Here. Listening to President Barack Obama's Sta...
 Cebu City skyline - view from Tops Mountainview Park, Busay Hills, Cebu City Philippines (rt1)
WN
‘PH still has room for growth’
Sun Star
| DESPITE global uncertainty, emerging economies like the Philippines still has room for growth this year. | Cebu, one of the country’s thriving local economies, should bank on i...
What You Can Learn From Mitt's Tax Return
Wall Street Journal
By LAURA SAUNDERS | How did they do it? | That is the question many Americans are asking of Mitt and Ann Romney's 2010 tax bill, disclosed on Monday evening. While the couple paid almost $3 million in taxes, that amounted to less than 14% of their $2...
Are Pension Forecasts Way Too Sunny?
Wall Street Journal
| If you were a better stock picker than Warren Buffett, would you be punching the clock every day as the faceless manager of a corporate pension plan? | Judging by many companies' recent financial statements, they must believe their pension plans ar...
Union Membership Rate Fell Again in 2011
The New York Times
| The nation’s union membership rate continued a decades-long slide last year, falling to 11.8 percent of the American work force in 2011, the Bureau of Labor Statistics announced in a report on Friday. | That was down slightly from 11.9 percen...
Corporates
Bank of India - banking system in India
(photo: WN / Aruna Mirasdar)
'Bank of India sees subdued growth on corporate loans'
The Times Of India
MUMBAI: State-run Bank of India sees subdued growth on corporate loans going forward, while rising debt restructuring by corporates is exerting stress on the bank's assets, executive director N. Seshadri said on Friday. | He said stress is evident in the loans given to textile, aviation, steel and power sectors. Post a commentEmail this articleMail...
Business
In this photograph taken July 6, 2010, a street sign is shown near the New York Stock Exchange on Wall Street, New York
(photo: AP / Frank Franklin II)
Dow slips to first losing week of 2012
Palm Beach Post
| NEW YORK — The stock market closed mostly lower Friday, sending the Dow Jones industrial average to its first losing week of 2012, after the government reported that economic growth was slower at the end of last year than economists expected. | The Dow spent the whole day in the red. It ended down 74 points, or 0.6 percent, at 12,660.46. Th...



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