Monday, November 3, 2008

Fresh News

Left parties did a walkout from parliament over slash in rice quota to Kerala.

 

The Government of Kerala announced a major global initiative to attract private sector participation in its IT infrastructure programme.

 

IPL’s Deccan Chargers cricket team may be sold to NRI businessman Vikas Rambal.

 

To celebrate its fifth anniversary, budget carrier Air Arabia will fly all its passengers on all its sectors free of cost on October 28th.

 

Minister for Overseas Indian Affairs Vayalar Ravi, who was attending a conference of NRIs in Singapore, announced that India plans to set up three new universities for NRIs and PIOs, along the same lines as the one in Bangalore which is to begin functioning from the 2010 academic year run by Manipal University that will offer courses in engineering, medicine and humanities, of which half the seats are reserved for children of NRIs and PIOs.

 

The first flight carrying 419 Haj pilgrims from different parts of Kerala took off from Kozhikode International Airport.

 

Kerala, with its higher wages and ample opportunities is emerging as the new “Gulf” for unskilled and semi-skilled labour from other states.

 

Rubber plantations, once the most sought after farmland in Kerala, now find no takers because of the plummeting price of natural rubber in the last two months.

 

State Bank of India’s unique deposit scheme of 1000 days at 10.50% p.a. introduced on 01 OCT 2008 is valid upto 31 DEC 2008. For senior citizens, rate of interest is more attractive at 11.00%. This is applicable for both resident and NRO fixed deposits.

 

SBI continues to be the only Indian Bank to figure among the top 100 banks in the world.

 

SBI does a hat trick “Most preferred Bank” and “Most preferred home loan provider” awards for 3rd year in a row at CNBC-Awaaz Consumer Awards 2008.

 

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