India

Govt. approves capital restructuring of UBI

Govt. approves capital restructuring of UBI New Delhi, Mar 30 : The Union Cabinet today approved the restructuring of the state-owned United Bank of India's capital, which includes reduction in paid-up equity by over 80 per cent to improve its financial parameters.

Besides, the government will infuse a sum of Rs 800 crore into the bank to enable it to provide more capital to productive sectors.

Talking to reporters here, Home Minister P Chidambaram said, "The paid-up equity capital of the bank will be reduced to Rs 266.43 crore."

Forces well trained to face terror threat from across the border: Army

Forces well trained to face terror threat from across the border: Army

Global warming results in meltdown of glaciers in Kashmir

Global warming results in meltdown of glaciers in KashmirSrinagar, Mar 30: Kashmir is experiencing the effects of global warming, with high altitude glaciers retreating at an unprecedented rate, thus threatening the eco-system of the valley.

Owing to global warming, most of the small glaciers in Kashmir have melted totally, while the larger ones have decreased in size.

According to a study carried out by the Action Aid International (AAI) last year, many areas in Kashmir have seen a complete disappearance of small glaciers.

Imported flowers for Vaishno Devi temple during Navratri festival

Imported flowers for Vaishno Devi temple during Navratri festivalKatra, March 30 : On the occasion of Navratri festival, the famous Vaishno Devi temple near Jammu has been decorated with special flowers brought from Norway, Sweden, Russia, and other foreign countries.

Officials related to Mata Vaishno Devi Shrine Board say that this is for the first time that flowers that the temple has been decorated with imported flowers.

The countries from where the flowers have been imported also include Austria, United Kingdom and Australia.

Punjab Minister Kanwaljit Singh to be cremated today

Punjab Minister Kanwaljit Singh to be cremated todayChandigarh, Mar 30 : Punjab Cooperation Minister Kanwaljit Singh, who was killed in a road accident on Sunday, would be cremated today at Chandigarh Sector 25 cremation ground at 2 p. m.

In the honour of Singh, the Punjab Government has announced a three-day state mourning. All the state government offices would remain closed today as a mark of respect to the 67-year old Shiromani Akali Dal leader.

Orchid Festival blooms in Sikkim

Orchid Festival blooms in SikkimGangtok, Mar 30 : Sikkim is blooming these days with ongoing orchid flower festival 2009'.

The flower show commenced on March 21 at the exhibition center of Gangtok.

The flower show is already a hit with the visiting tourists as well as the resident, who are thronging the venue. The show is also drawing foreign tourists in droves.

"These flowers are just amazing and very beautiful. They are perfect. I just love them", said Marina, tourist from Moscow.

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