UN's financial crisis real, we need a solution that works: India

United Nations, Jun 7 (PTI) India, which is owed USD 38 million by the United Nations for peacekeeping operations, has called for a comprehensive solution to address the “real” financial crisis facing the world body, saying countries that owe arrears are “insured” from the impact of their inaction.

The UN…

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RBI cuts key lending rate by 25 bps to 5.75%

Mumbia Jun 6 PTI:  Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 per cent Thursday and said its future monetary policy stance will be more accommodative.

Amid concerns of a slow down in the economy, the…

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Saya Gold Avenue Built With 1225 Crores to Be Completed by Year End

Ghaziabad, Jun 5:  Saya Gold Avenue, a premium luxury group housing project in Indirapuram being developed by realty major, Saya Homes will be completed within the current calendar year, the company recently announced.

Saya Gold Avenue, a premium luxury group housing project in Indirapuram being developed by realty major, Saya…

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SBI Delhi circle expects over 15% growth in SME loans this fiscal

New Delhi, Jun 5 (PTI) With focus on SMEs, SBI Delhi circle is eying loan growth in excess of 15 per cent for the sector which is a very crucial segment of the economy and thrust area of the government, a senior bank official has said.

The circle, the biggest…

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FDI limit in defence sector should be raised to 51 pc: Study

New Delhi, Jun 5 (PTI) A minimum of 51 per cent FDI must be allowed in defence sector without any conditions so that global players can exercise adequate control over joint ventures, and more jobs are created, a study has suggested.

“The government should allow a minimum of 51 per…

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