The Reserve Bank India (RBI) would not directly lend US dollars to the financial institutions from the foreign exchange reserves of the country. Earlier, the Export-Import Bank of India (Exim Bank) had requested the Reserve Bank to issue direct dollar credit line to meet its lending requirements. Exim Bank is facing difficulty in getting funds from overseas institutions due to the international financial crisis. Exim Bank provides funds to exporters, importers and to the Indian companies planning investments overseas.
The third largest software exporter of India, Wipro Technologies has offered fresh campus recruit, to join technical support branch of its business process outsourcing (BPO) division. The move shows the condition of the IT firm in the wake of the global financial crisis. Low demand and tight monetary conditions has forced IT companies to employee cost cutting and controlling measures. They have now started to employ cost cutting measures on the HR front.
On Wednesday, India's No 2 private carrier, Kingfisher Airlines reported that it has got the approval from the federal government to operate flights on nine international routes.
A spokesman of the company said, "Kingfisher has received approvals to operate Mumbai-London, Kolkata-Dhaka, Kolkata-Chittagong, Mumbai-Hong Kong, Mumbai-Singapore, Chennai-Colombo, Bangalore-Colombo, Bangalore-Bangkok and Mumbai-Bangkok flights."
He added, "The time frame for launch of these services will be announced progressively."
Biologists recently informed that the climate is behind the limited recovery of rivers which have suffered from acid rain.
Average acidity has fallen due to improvements in the levels of acid rain, suggests the research carried out over the last 25 years by Cardiff University biologists.
The study analyzed fourteen streams around Llyn Brianne in mid-Wales. These should have been re-colonised by up to 29 insect species like sensitive mayflies and other groups often eaten by trout and salmon.
Wiping away the competition in the under-16 category of the meet, Delhi tennis player Prateek Bhambri won his first major title at the DSCL Nationals. The luck of the draw handed him a second-round meeting with the top seed VM Ranjeet - a match which took the expected path and handed the top seed a place in the quarter-finals on Tuesday, figuring in the senior category this time around. On the second day of the national championships at the DLTA Complex, Ranjeet won the match 6-2, 6-1.
Bhambri simply disintegrated in the face of his opponent's powerful serve and groundstrokes.
The Reserve Bank India (RBI) would not directly lend US dollars to the financial institutions from the foreign exchange reserves of the country. Earlier, the Export-Import Bank of India (Exim Bank) had requested the Reserve Bank to issue direct dollar credit line to meet its lending requirements. Exim Bank is facing difficulty in getting funds from overseas institutions due to the international financial crisis. Exim Bank provides funds to exporters, importers and to the Indian companies planning investments overseas. 
The third largest software exporter of India, Wipro Technologies has offered fresh campus recruit, to join technical support branch of its business process outsourcing (BPO) division. The move shows the condition of the IT firm in the wake of the global financial crisis. Low demand and tight monetary conditions has forced IT companies to employee cost cutting and controlling measures. They have now started to employ cost cutting measures on the HR front. 
The g
On Wednesday, India's No 2 private carrier, Kingfisher Airlines reported that it has got the approval from the federal government to operate flights on nine international routes. 
Biologists recently informed that the climate is behind the limited recovery of rivers which have suffered from acid rain.
Wiping away the competition in the under-16 category of the meet, Delhi tennis player Prateek Bhambri won his first major title at the DSCL Nationals. The luck of the draw handed him a second-round meeting with the top seed VM Ranjeet - a match which took the expected path and handed the top seed a place in the quarter-finals on Tuesday, figuring in the senior category this time around. On the second day of the national championships at the DLTA Complex, Ranjeet won the match 6-2, 6-1.
