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16 January, 2019 9:19 AM "People Who Are Less Educated Have More Children": Sushil Modi

Government should educate more people to control the population of the country as "less educated people have more children", claimed Bihar Deputy Chief Minister Sushil Kumar Modi on Tuesday. "Shiksha har samasya ka samadhaan hai. Agar parivaar ki sankhya ghatana hai to shikshit kar dijiye. Koi parivar niyojan ki zaroorat nahi hai (Education is the solution 1010

16 January, 2019 8:00 AM RBI may take dovish stance in February policy with softer inflation

With softer retail and wholesale price-based inflation, Reserve Bank of India is likely to change its policy stance from 'neutral' from 'calibrated tightening' in the February policy, says a report. The inflation based on the Consumer Price Index (CPI) eased to an 18-month low of 2.19 percent in December compared to 2.33 percent in November and 5.21 percent 925

15 January, 2019 12:37 PM Too much or too less sleep can increase heart disease risk

London: Men who sleep less than six hours a night may be at an increased risk of cardiovascular disease compared to those who sleep between seven and eight hours, a new study suggests. The study showed that poor quality sleep of less than six hours increases the risk of atherosclerosis by 27 per cent compared to seven to eight hours of sleep. Atherosclerosis 186

15 January, 2019 11:17 AM Sensex soars over 460 points, Nifty regains 10,800

Drop in inflation raised hopes of monetary easing. New Delhi: Markets posted strong gains with both the Sensex and Nifty closing above 1.30 percent as lower inflation figures gave way to expectations of an ease in the monetary policy by the Reserve Bank of India in its February policy review. The BSE Sensex jumped 464.77 points or 1.30 percent to 36,318.33 while 176

15 January, 2019 10:22 AM Govt going ahead with merger of nationalised banks despite opposition from industry: CPI(M)

The CPI(M) on Tuesday said the government was going ahead with the merger process of three nationalised banks in haste, ignoring opposition from the entire industry. The Communist Party of India (Marxist) politburo, in a statement, said it was concerned over the "haste" in which it was being done. "The politburo is deeply concerned at the unseemly haste 144

15 January, 2019 9:44 AM Bank Of China Offers Sri Lanka $300 Million Loan: Source

The Sri Lanka overnment is considering the offer because of "difficulty in borrowing money after recent ratings downgrades", the source said, declining to be named as the information was not public. Bank of China, the country's fourth-biggest lender by assets, has offered a loan of $300 million to Sri Lanka which can be raised to $1 billion, a source 202

15 January, 2019 6:03 AM Rupee breaches 71 per dollar on ''chunky outflows''

The rupee is at its lowest since December 18, 2018. Mumbai: Indian rupee weakened sharply on Tuesday on "chunky outflows" with no intervention seen by the Reserve Bank of India, traders said. The rupee breached the crucial 71 to the dollar mark in early trade, its lowest since Dec. 18, 2018, and marginally cut back to trade at 70.99 to the dollar, as of 0422 GMT. "There 185

15 January, 2019 4:28 AM Italian firm loses Rs 130 crore to hackers in con job

In perhaps the biggest such online heist, a Mumbai-based Italian firm lost Rs 130 crore to suspected hackers who allegedly convinced its local managers that the money was needed for an acquisition, police said on Monday. The hackers sent emails to the head of the Indian subsidiary of the firm through an email account, which looked similar to that of the group 145

15 January, 2019 2:35 AM Oil prices edge up on supply cuts, but weakening economic outlook caps gains

Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains. US West Texas Intermediate (WTI) crude futures were at $50.78 per barrel at 0041 GMT, up 27 cents, or 0.5 percent, from their last settlement. "The impact of OPEC+ cuts, Iran sanctions and lower month-on-month growth 127

12 January, 2019 4:41 PM Syndicate Bank hopes to recover Rs 1,500 crore from NPAs

Currently, Syndicate Bank has a total business of roughly around Rs 4.80 lakh crore, Syndicate Bank hopes to recover about Rs 1,500 crore from non-performing assets (NPAs) over the next three to six months, chief executive officer and managing director of the bank Mrutyunjay Mahapatra said. The bank is adopting a combination of methods to recover bad loans 173