Centre to infuse Rs.6990 crores in public sector banks

New Delhi, Feb 7 : The Centre has decided to infuse Rs. 6990 crores in nine public sector banks (PSBs) for which orders are being issued.

This year, the Centre has adopted a new criteria in which the banks which are more efficient would only be rewarded with extra capital for their equity so that they can further strengthen their position.

The methodology for arriving the amount to be infused in these banks has been based on efficiency parameters. First of all, weighted average of return on assets (ROA) for all PSBs for last three years put together was arrived at and all those who were above the average have been considered.

Obama says US supports India's role as regional provider of security

Islamabad, Feb 07 : The national security strategy unveiled by US President Barack Obama notes that the US supports India's role as a regional provider of security.

The document read that the United States and India shared inherent values and mutual interests which was the basis for cooperation between the two nations.

In the note sent to Congress, Obama said that the country also backed India's expanded participation in critical regional institutions, Dawn News reported.

He added in the note that the US saw a strategic convergence with India's Act East policy and its continued implementation of the rebalance to Asia and the Pacific.

Ryan Gosling may join Emma Watson in 'Beauty and the Beast'

Washington, Feb 7 : Ryan Gosling has been rumored to be casted as beast in Walt Disney's Live action ' Beauty and the Beast' opposite Emma Watson.

BJP wants to win Delhi polls through TV screen: Kejriwal

New Delhi, Feb 7 : Aam Aadmi Party (AAP) chief Arvind Kejriwal on Saturday alleged that the Bharatiya Janata Party (BJP) wants to win the elections through the TV screen and not working at the ground level.

"I would like to appeal to the people of Delhi that now various rumors would be spread. The people are aware that one is a party that wants to win the elections through the TV screen and the other party wants to fight elections by approaching the people by going to their homes," Kejriwal told the media here.

Earlier in the day, BJP's chief ministerial candidate Kiran Bedi shared a video with the media showing a lady accusing Aam Aadmi Party of intimidating her to not vote for the saffron party.

Watson claims Oz squad 'really excited' to have 'experienced leader' Clarke around

Sydney, Feb 07 : Australian swashbuckling all-rounder Shane Watson has claimed that the team is really excited to have 'experienced' Michael Clarke around, as the skipper is in a battle to meet his fitness deadline to take part in the World Cup.

It is understood that Clarke sought and received iron-clad support to continue a four-year reign as captain from Cricket Australia's hierarchy during the grim stages of his rehabilitation from hamstring surgery.

Steve Smith's spectacular impact as skipper, making three tons in as many Tests against India replacing Clarke, was followed by speculation segments of the side supported a permanent move, News. com. au reported.

Taylor Swift to hit 2015 Grammys' red carpet with childhood bestie

Washington, Feb 7 : Taylor Swift will hit the 2015 Grammys' red carpet with her childhood bestie Abigail Anderson , it has been revealed.

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