Top News

•             US Dollar has reached its all time high of Rs 49.30 recently.

•             State Bank of India hiked its NRE and FCNB Interest Rates substantially. Please see Investment page for details.

•             SBI’s DIFC branch in Dubai gets full banking licence.

•             Rival Jet and Kingfisher airlines entered into tie up to reduce their massive losses.

•             Kerala government has drawn up a project to set up 'farm labour banks' in panchayats.

•             Water charges in Kerala to go up drastically.

•             Kerala set up a new company, Kerala State IT Infrastructure Ltd.

•             The first amphibious brigade of Indian Army will have its headquarter in Kerala.

•             Kerala longest snake boat enters Guinness book of world records.

•             Kerala will provide land to all the landless in the state before the end of this Government’s term.

•             The 2008 edition of the South-West monsoon was weak over Kerala with 22 percent less rainfall than normal.

•             Kerala has cleared the application for 10 Special Economic Zones (SEZs).

•             Bollywood star Aishwarya Rai has come under the scanner of the Income Tax authorities for claiming exemption as NRI for money earned abroad in the past.

•             Sister Alphonsa born at Kudamaloor near Kottayam has becomes the first woman from India and second from Indian Roman Catholic church to get Sainthood.

•             Three new universities will be set up for NRIs.

•             Delhi High Court allowed lawyers of NRIs to represent NRIs in family courts during certain proceedings.

•             Kerala has tied up with Mahindra Holidays and Resorts to promote home stays in the state.

•             India plans easing the rules for PIOs procuring land by removing RBI and valid visa clauses.

•             A list of 'immigration risk' countries has been compiled by the Australian authorities that may make it more difficult for Indian students wanting admission there.

•             The Canadian government has introduced new flexibilities in their work permit policy.

•             NRI deposits have seen a big jump in India. With crash in stock market and anticipated slowdown in real estate and due to trouble at many banks in USA/Europe - NRIs are preferring Indian Public Sector banks for parking their funds.