Indian Overseas Bank's Q2 FY09 profit after tax was up 12.3% at Rs 359.06 crore as compared to Rs 319.7 crore in the same period last year. Total income in the period under review stood at Rs 2,643 crore and other income came in at Rs 216.2 crore as against Rs 174.5 crore. Net interest income was up 24.18% at Rs 784.98 crore versus Rs 632.15 crore.
A series of coordinated blasts tore through a troubled section of northeast India on Thursday, killing at least 61 people and wounding hundreds more as police rushed to uncover any additional unexploded devices.
At least 11 bomb blasts in quick succession ripped through the main city of Assam state and three other towns, wounding as many as 335, police said, according to news services.
"I am confident that the people of India will rise unitedly against these attempts to disturb peace and harmony and to destroy our social fabric," Indian Prime Minister Manmohan Singh said in a statement.
Thursday's attacks are the latest in a wave of bombing attacks to hit India in recent months, killing more than 125 people
The Assam area also has been hit recently by ethnic clashes. At least 49 people were killed in July in violence between members of the native Bodo tribe and recent migrants to the area, most of whom are Muslims, Reuters reported.
Friday, October 31, 2008
Thursday, October 30, 2008
The fifth Economic Census-2005 results released by the government on May29, have revealed following important data :
Employment in sectors other than Crop production and plantation grew faster in rural areas in comparison with urban areas between 1998 to 2005. Milions of Indian shifted to Jobs in the retail trade, manufacturing and allied agricultural activities such as Livestock farming and fishing.
Employment grew at the ratye of 2.78 during 1998-2005 compared to 1.75% during 1990-98
Jammu & Kashmir emerged as the state that has the highest employment growth of 6.82%.
According to the survey of 211 million households and 42 million establishments, the employment growth rate in rural area went up by 1.60 per cent during 1998-2005 from 1990-98. In urban areas, teh rate rose by just 0.36% in the same periods.
Employment growth rate in rural areas during the current survey period was 3.88% while it was 2.22% during the previous eight year period. But in urban areas where economic activity is belived to be higher, the annual employment rate recorded for 1998-2005 was 1.70 per cent compared to 1.34 per cent in the previous periods. The survey does not accounts for employment in the government sector though.
The higher employment in rural areas was primarily because villagers ventured into self owned retail and manufacturing businesses- the two sectors with the maximum growth between 1998-2005.
Growth of self owned establishments run by family members doubled in rural areas during the census period as compared to 1990-98, when it was 2.25 percent. Similarly, establishment with up to 6 workers witnessed a three fold jump in rural areas.
Wednesday, October 29, 2008
BONN (GERMANY): Viswanathan Anand retained the world title with a 24-move draw against Russian Vladimir Kramnik in the penultimate game of the 12-game World Chess Championship final in Bonn today.
Anand earlier won three games -- the third, fifth and sixth -- and lost the 10th game in a match that looked one-sided till Kramnik brought back some life with a win in 10th game.
Few questions taht were asked in the SBI PO Exam recently held?
Where a nuclear plant is to be established in north east?
Ans Meghalaya
In which Sector GOI is planning to set up SEBI like regulatory authority for the recent boom?
Lottery
what is India's tax gdp ratio?
11.2%
which state to give preferance to hiv patients in govt. job?
Kerala
CRR also known as
liquidity ratio
Author of 'Shape of the Beast'- arundhati roy.
'Animal's people' - indra sinha
Ghulam nabi azad was CM of J&K?
UK is the country that provided fund for Siksha abhiyaan
What is Himadri?
Himadri is the new research centre at the Arctic.
Knighthoood award for Salman Rushdie..
India has signed currency swap deal with japan
Lisbon treaty is related to European Union.
World bank projected the growth rate for India 7%
LEE-MYUNG BAK IS THE PRESIDENT OF????
SOUTH KOREA
WHICH IS TRUE ABOUT G-8 MEATING
A)IT WAS HELD IN MOSCOW
B) THEY HAVE PLANED TO TAKE STEPS TO CONTROL GLOBAL WARMING TILL 2050
C)ISSUE OF RISING OIL PRICE DISCUSSED
Answer is B&C both
LET US LEARN A COUPLE OF NEW SYNONYMS
Dire- terrible,awful,miserable
Elegant - refined, graceful
Tuesday, October 28, 2008
The term Equity is generally used when referring to the equity available from an asset, in simple terms equity is the amount of money you have tied up in an asset.
This could be the amount you own/have paid off on a house, you are then able to use the equity as collateral to borrow against, if you choose to take out a mortgage on your house then you will need to have sufficient equity to equal or be greater than the borrowing/mortgaging amount in question.
Realty major Parsvnath is developing Parsvnath Nano City’ in a Joint Venture with Sabeer Bhatia.
Rafel Nadal won the gold medal in Men’s singles Tennis in Olympic Beijing-2008.
The eldest son of the Legendary Vinod Mankad and former Test cricketer, Ashok Mankand, passed away in Mumbai on August1,2008. He was popularly known as 'Kaka'.
let's learn few synonyms
Dolt - Stupid, fool, idiot, blockhead
Dire- terrible, awful, horrible, miserable
Elegant- refined, graceful
inculpate- blame
Demise- death, decease
This could be the amount you own/have paid off on a house, you are then able to use the equity as collateral to borrow against, if you choose to take out a mortgage on your house then you will need to have sufficient equity to equal or be greater than the borrowing/mortgaging amount in question.
Realty major Parsvnath is developing Parsvnath Nano City’ in a Joint Venture with Sabeer Bhatia.
Rafel Nadal won the gold medal in Men’s singles Tennis in Olympic Beijing-2008.
The eldest son of the Legendary Vinod Mankad and former Test cricketer, Ashok Mankand, passed away in Mumbai on August1,2008. He was popularly known as 'Kaka'.
let's learn few synonyms
Dolt - Stupid, fool, idiot, blockhead
Dire- terrible, awful, horrible, miserable
Elegant- refined, graceful
inculpate- blame
Demise- death, decease
Sunday, October 26, 2008
55% of Indians will be living in cities by 2050
Less than 20 years from now, Mumbai will be the world’s most densely populated city after Tokyo, with Delhi and Dhaka following right behind. By 2025, the world’s four biggest cities will be in Asia. This is forecast by UN Habitat in its State of the World’s cities 2008/09 report. The three south Asian cities breaking into the top four will replace Mexico City, New York and Sao Paulo in Brazil. Tokyo is already in the top four.
According to UN Habitat in its latest report, State of the World’s cities 2008/09, most of the cities in China projected to shrink are intermediate and big cities. In India, which accounts for 20% of the shrinking cities, it is the smaller urban centres that are shrinking as people migrate to bigger cities or to other newer cities that become more attractive as destinations for migration.Despite shrinking cities, the urban population keeps growing as a proportion to the total in the developing world, as rural towns and centres grow to become new cities and further migration happens between these cities.
Migration has been the primary reason for growth of cities in countries with low levels of urbanisation as is the case in Asia and Africa. However, in many countries, the largest movements of population are taking place between cities and not from rural to urban areas. This city-to-city movement has been one of the strongest reasons for some cities expanding at the cost of others. Dhaka is the fastest growing meta city those with populations above 20 million — in the world with a population growth rate of 4.4% per year. But some of the fastest growing cities are in China, with Chongqing, Xiamen and Shenzhen all growing at over 10% per year. It’s no surprise that China is expected to be 70% urban by 2050.
In India, on the other hand, urbanisation is likely to be at a slower pace.The report estimates that about 55% of the population or 900 million people would be living in urban areas by 2050.
Indian carriers are slipping deeper into red every passing month. On Saturday, Jet Airways announced its highest net loss in six quarters — Rs 384.50 crore for this fiscal’s second quarter ending September 30 — while the airline had a profit of Rs 28.30 crore same period last year. The loss comes on account of higher operating costs that led to raising fares and saw dwindling of passenger loads. The company’s total income that quarter, however, increased to Rs 3,121.34 crore from Rs 1,818.55 crore in the yearago period. The airline admitted its subsidiary, JetLite, has accumulated losses more than its net worth. But the Naresh Goyal-led airline plans to support JetLite and turn it around.
Less than 20 years from now, Mumbai will be the world’s most densely populated city after Tokyo, with Delhi and Dhaka following right behind. By 2025, the world’s four biggest cities will be in Asia. This is forecast by UN Habitat in its State of the World’s cities 2008/09 report. The three south Asian cities breaking into the top four will replace Mexico City, New York and Sao Paulo in Brazil. Tokyo is already in the top four.
According to UN Habitat in its latest report, State of the World’s cities 2008/09, most of the cities in China projected to shrink are intermediate and big cities. In India, which accounts for 20% of the shrinking cities, it is the smaller urban centres that are shrinking as people migrate to bigger cities or to other newer cities that become more attractive as destinations for migration.Despite shrinking cities, the urban population keeps growing as a proportion to the total in the developing world, as rural towns and centres grow to become new cities and further migration happens between these cities.
Migration has been the primary reason for growth of cities in countries with low levels of urbanisation as is the case in Asia and Africa. However, in many countries, the largest movements of population are taking place between cities and not from rural to urban areas. This city-to-city movement has been one of the strongest reasons for some cities expanding at the cost of others. Dhaka is the fastest growing meta city those with populations above 20 million — in the world with a population growth rate of 4.4% per year. But some of the fastest growing cities are in China, with Chongqing, Xiamen and Shenzhen all growing at over 10% per year. It’s no surprise that China is expected to be 70% urban by 2050.
In India, on the other hand, urbanisation is likely to be at a slower pace.The report estimates that about 55% of the population or 900 million people would be living in urban areas by 2050.
Indian carriers are slipping deeper into red every passing month. On Saturday, Jet Airways announced its highest net loss in six quarters — Rs 384.50 crore for this fiscal’s second quarter ending September 30 — while the airline had a profit of Rs 28.30 crore same period last year. The loss comes on account of higher operating costs that led to raising fares and saw dwindling of passenger loads. The company’s total income that quarter, however, increased to Rs 3,121.34 crore from Rs 1,818.55 crore in the yearago period. The airline admitted its subsidiary, JetLite, has accumulated losses more than its net worth. But the Naresh Goyal-led airline plans to support JetLite and turn it around.
The explosion maimed him for life.
What is the meaning of maim
Well maim means to deprive of the use of some part of the body, or to impair; make essentially defective.
Thus, people were maimed by the explosion.
What is the meaning of the word ‘rue’
Well ‘rue’ means to feel sorrow, regret
The Indian Space Research Organisation (ISRO) spent just over Rs 380 crore (about half the price of a Jumbo Jet) on Chandrayaan-1, with 1,000 scientists toiling over it for three years. A similar effort by NASA or any other space agency would have cost at least five times more. In real terms, Chandrayaan-1 cost only about 4% of Isro’s budget over three years.
Chandrayaan-2 is expected to cost ISRO just Rs 500 crore. Isro’s annual budget only recently increased to Rs 5,000 crore or $ 1 billion. This happened when the Mark 3 of GSLV was commissioned and there was a new thrust towards societal application of space projects. Five years ago, Isro’s annual budget was merely around just $200 million
On the brighter side, Antrix Corporation, Isro’s commercial wing, has earned Rs 900 crore from commercial satellite launches and sale of remote sensing data last financial year and the revenues are growing at 25%. “We have launched 16 satellites for other countries so far and another four are on the anvil. Commercial launches add to our earnings,” says Madhavan Nair. This should augur well for Isro, which has such ambitious projects as the Rs 12,000 crore manned space mission scheduled for 2015
What is the meaning of maim
Well maim means to deprive of the use of some part of the body, or to impair; make essentially defective.
Thus, people were maimed by the explosion.
What is the meaning of the word ‘rue’
Well ‘rue’ means to feel sorrow, regret
The Indian Space Research Organisation (ISRO) spent just over Rs 380 crore (about half the price of a Jumbo Jet) on Chandrayaan-1, with 1,000 scientists toiling over it for three years. A similar effort by NASA or any other space agency would have cost at least five times more. In real terms, Chandrayaan-1 cost only about 4% of Isro’s budget over three years.
Chandrayaan-2 is expected to cost ISRO just Rs 500 crore. Isro’s annual budget only recently increased to Rs 5,000 crore or $ 1 billion. This happened when the Mark 3 of GSLV was commissioned and there was a new thrust towards societal application of space projects. Five years ago, Isro’s annual budget was merely around just $200 million
On the brighter side, Antrix Corporation, Isro’s commercial wing, has earned Rs 900 crore from commercial satellite launches and sale of remote sensing data last financial year and the revenues are growing at 25%. “We have launched 16 satellites for other countries so far and another four are on the anvil. Commercial launches add to our earnings,” says Madhavan Nair. This should augur well for Isro, which has such ambitious projects as the Rs 12,000 crore manned space mission scheduled for 2015
Saturday, October 25, 2008
The Organization of Petroleum Exporting Countries decided at an emergency meeting in Vienna on 24th of October to slash its official oil output quota by 1.5 million barrels a day from November 1.
Let us learn a couple of words of English
Salvaged- means to save, e.g. Abhinav Bindra salvaged some pride for India in Beijing Olympics.
Foreclosure -A situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, be it a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
Goldman Sach has decided to cut 10% Global workforce.
London has been declared 'Fair Trade City'
Asia- Europe Meeting took place in Beijing. leaders of 43 Nations participated in it. Leaders of various countries agreed that IMF should play a vital role in assisting countries seriously affected by the Crisis.
Let us learn a couple of words of English
Salvaged- means to save, e.g. Abhinav Bindra salvaged some pride for India in Beijing Olympics.
Foreclosure -A situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, be it a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
Goldman Sach has decided to cut 10% Global workforce.
London has been declared 'Fair Trade City'
Asia- Europe Meeting took place in Beijing. leaders of 43 Nations participated in it. Leaders of various countries agreed that IMF should play a vital role in assisting countries seriously affected by the Crisis.
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