announces $8.4 mn grant to four Indian NGOs

New Delhi, April 6 : Google’s philanthropic arm on Thursday announced grants of $8.4 million to four Indian NGOs over the next two years to expand their efforts to enhance the learning experience for students in the classroom. These grants are part of a global $50 million commitment that aims to help non-profits apply […]

Liquidity will be factor in Monetary Policy Review in April: RBI

Mumbai, April 6 : The RBI on Thursday hinted that the fall out of demonetisation, whereby the banking system is flushed with liquidity adding to inflationary pressures, could be a factor in its holding rates in the April policy review. “With progressive remonetisation, the surplus liquidity in the banking system declined from a peak of […]

Note ban will have positive impact in medium term: ADB

New Delhi, April 6 : India’s note ban will have a positive impact on the economy in the medium term as the banks’ profitability is likely to go up with increased lending capacity and lowering of aggregate deposit costs, an ADB report said on Thursday. “Demonetisation is likely to have a positive impact over the […]

Shiv Sena MPs surround Civil Aviation Minister over flying ban

[New Delhi: Ravindra Gaikwad (extreme right) with other Shiv Sena MPs at a press conference at Parliament in New Delhi on Thursday after he apologized in the Lok Sabha for his recent assault on an Air India employee. /PTI] New Delhi, April 6 : Shiv Sena MPs on Thursday surrounded Civil Aviation Minister Ashok Gajapati […]

Toyota Kirloskar recalls 23,157 Corolla Altis

Chennai, April 6 : Car maker Toyota Kirloskar Motor on Thursday said it is recalling 23,157 units of Corolla Altis over their faulty airbags. “23,157 units of Corolla Altis manufactured between January 2010 to December 2012 are affected,” a company spokesperson told IANS. The airbag vendor is Tataka Corporation and there is no impact on […]

India’s domestic passenger traffic up 17% in February

New Delhi, April 6 : India’s domestic passenger traffic grew by 17 per cent in February, a global airline association said on Thursday. “India topped the domestic chart for the 23rd month in a row,” the International Air Transport Association (IATA) said in its global passenger traffic data. India’s domestic revenue passenger kilometres (RPK) and […]