- Public sector lender Indian Bank has hiked the interest rates on its deposits of Rs. five crore and below the maturity of two years and above by 50 basis points from 7.25 per cent to 7.75 per cent, the bank said today.
Scientists have created red blood cells for the first time from spare IVF embryos ells in Britain as part of a multi-million pound project to manufacture synthetic blood on mass-scale. - Prime Minister Manmohan Singh on Tuesday announced a Rs 125 crore relief packaged for the Leh cloudburst victims and said all houses destroyed by the natural calamity will be reconstructed within the next two-and-a-half months.
- WASHINGTON: China has moved new advanced longer range CSS-5 missiles close to the borders with India and developed contingency plans to shift airborne forces at short notice to the region, according to Pentagon.
- NEW DELHI: The two hands to produce count for more than that one mouth to feed, after all. Driven by a sterling demographic dividend, continuing structural reform and globalisation, India is poised to accelerate its growth rate to 9-9.5% over 2013-15, even as China will cool down to a more sedate 9% by 2012 and to 8% by 2015. So finds a new report by Morgan Stanley, authored by Chetan Ahya (managing director for Asia and India economist, who writes a monthly column for ET) and Tanvee Gupta.
- An Indian entrepreneur is relaunching the famous East India Company with the opening of a luxury food store in London on Saturday.The event takes place on the same day that - more than 135 years ago - the company was dissolved.
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