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  • India’s Nifty Stock Futures Decline After Mumbai Blasts Kill 21 Wednesday, July 13, 2011 @ 9:02PMIndia’s stock-index futures declined, signaling a drop in benchmark indexes, after three bomb blasts hit Mumbai last night, killing 21 people in the biggest attack on the nation’s financial capital since November 2008.
  • Counselling for berths from July 18 Wednesday, July 13, 2011 @ 7:00PMFor diploma courses, the amount is Rs 2,400 (general and backward categories) and Rs 500 (Scheduled Caste and Scheduled Tribe).20110714T000000+000014237267NewsState board eyes shelved power plansRUDRA BISWASRanchi, July 13:Jharkhand State Electricity Board (JSEB) has begun a hunt for reports of hydel projects that were proposed during the days of undivided Bihar but suspended after the state's ...
  • Non-food credit Q1 growth slows a tad at 3.4% Wednesday, July 13, 2011 @ 4:04PMCredit growth appears to be moderating as money becomes costlier.
  • Tributes pouring in for king Wednesday, July 13, 2011 @ 1:59AMTRIBUTES poured in for the late amaRharhabe King Maxhoba Sandile who died on Monday after a battle with kidney and heart-related problems.
  • Gel blocks HIV, says Dr Hugh Wednesday, July 13, 2011 @ 1:44AMINSPIRED by former president Nelson Mandela’s call for South Africans to look for solutions , East London family doctor Hugh Brathwaite has developed a gel he believes can prevent HIV/Aids.
  • Recovered barge returns to sea Tuesday, July 12, 2011 @ 2:14AMA Norwegian-owned barge containing 72m³ of marine diesel has successfully been reconnected to its tug and inspected in East London before resuming its journey.
  • ‘Fest’ triumphs over weather Tuesday, July 12, 2011 @ 1:59AMDESPITE power cuts and bad weather, this year’s National Arts Festival in Grahamstown had a 6% increase in attendance numbers – and counting.
  • Fears of fuel shortages Tuesday, July 12, 2011 @ 1:29AMTens of thousands of workers in the petroleum industry nationally downed tools yesterday after wage talks deadlocked, sparking fears of fuel shortages if the strike persists.
  • Japan Nuclear Disaster Update 30: It was, is, and will be worse than you thought [Greg Laden's Blog] Saturday, July 9, 2011 @ 10:12AMPerhaps the most interesting single thing on the table in today's update is the revelation that at least one of Fukushima's reactors suffered sufficient damage from the earthquake that hit the region ... prior to the tsunami ... to have likely gone out of control or melted down. This is hard to assess because the tsunami caused so much additional damage as to obscure earlier damage, and because ...
  • Thami out in the cold Saturday, July 9, 2011 @ 1:29AMTHAMI Tsolekile is “shocked” at his omission from the South Africa A cricket team that competed in a Tri-series in Zimbabwe. The Lions wicketkeeper who captained the A team on tours to Bangladesh and Sri Lanka last year had hoped for continuity in the selection of the reserve team.
  • Dream dinner raises R12k Thursday, July 7, 2011 @ 12:59AMA child's wish for breakfast prompted an East London doctor to host this year’s first Dinner for Dreams.
  • MEC suspends Komani bosses Thursday, July 7, 2011 @ 12:44AMHealth MEC Sicelo Gqobana has described Komani Psychiatric Hospital in Queenstown as an “embarrassment” to the Department of Health and warned management that “the honeymoon is over”.
  • Frequent data updates affect policy making: Subbarao Tuesday, July 5, 2011 @ 2:41PMThe Reserve Bank of India governor Duvvuri Subbarao on Tuesday voiced concerns over the poor quality and frequent revisions of macroeconomic data and said it handicaps policy formulation and misleads calculations.
  • Gurgaon fraud: Citi fined R25 lakh Monday, July 4, 2011 @ 6:47PMThe Reserve Bank of India has fined Citibank a sum of R25 lakh under Section 47 of the Banking Regulation Act, 1949, which deals with the contravention of guidelines and instructions relating to know-your-client and anti money laundering regulations.
  • HR Khan takes charge as RBI dy governor Monday, July 4, 2011 @ 6:47PMHarun Rashid Khan, 57, took over as the fourth deputy governor of the Reserve Bank of India on Monday.
  • A deficit of control and accessibility Monday, July 4, 2011 @ 6:43PMFacing political and popular criticisms at home, the chief executives of the two largest democracies in the world, India and the US, spoke to the media on the same day, in what appears to be an uncanny coincidence.
  • Iran says will not cut India oil over payment dispute Sunday, July 3, 2011 @ 2:00AMTEHRAN (Reuters) - Iran will not cut oil supplies to India despite warning to refiners over their failure to pay for several months, an official was quoted as saying by the Oil Ministry's news website SHANA on Sunday.
  • India manufacturing expands at slowest pace in nine months Friday, July 1, 2011 @ 2:59PMIndia's manufacturing grew at the slowest pace in nine months after the Reserve Bank of India raised interest rates by the most in a decade to tame prices.
  • Loans to NBFCs continue to grow, rise 54.4% in May Thursday, June 30, 2011 @ 4:42PMBank credit to non-banking finance companies has risen sharply by 54.4% y-o-y in May on the back of a 55.7% y-o-y growth in April despite the Reserve Bank of India's concerns about the sector.
  • Column: Unlucky PSBs, some lucky farmers Thursday, June 30, 2011 @ 4:35PMWhile it has been known for long that politicians exploit the state machinery for their narrow political gains, for the first time, we have systematic evidence informing us of such misuse.
  • Private hospitals slammed Thursday, June 30, 2011 @ 1:59AMPRIVATE hospitals are ripping off workers, employers and medical aid schemes by charging as much as R15000 for a simple 30-minute medical circumcision that costs R400 at a public hospital.
  • Gonubie’s 4th lane on the way Wednesday, June 29, 2011 @ 3:14AMTHERE is some relief in the pipeline for frustrated Gonubie motorists after Buffalo City Metro (BCM) last week announced a R70million upgrade to the suburb’s Main Road.
  • Gonubie’s 4th lane on the way Wednesday, June 29, 2011 @ 3:14AMTHERE is some relief in the pipeline for frustrated Gonubie motorists after Buffalo City Metro (BCM) last week announced a R70million upgrade to the suburb’s Main Road.
  • RBI may need to buy gilts after Sept to support credit growth Tuesday, June 28, 2011 @ 2:42PMThe Reserve Bank of India may need to infuse cash into the banking system for the second time since January to support credit growth on expectations that tight liquidity may persist above its comfort zone for a sustained period beyond mid-September.
  • R300m town plan stalls Thursday, June 23, 2011 @ 5:14AMA R300million plan to rehabilitate several small Eastern Cape towns appears to have disappeared into thin air. Two years of almost zero progress on the Small Towns Revitalisation Programme has drawn the ire of MPLs , and they have now demanded answers from Public Works MEC Thandiswa Marawu.
  • R300m town plan stalls Thursday, June 23, 2011 @ 5:14AMA R300million plan to rehabilitate several small Eastern Cape towns appears to have disappeared into thin air. Two years of almost zero progress on the Small Towns Revitalisation Programme has drawn the ire of MPLs , and they have now demanded answers from Public Works MEC Thandiswa Marawu.
  • Readers rally round stricken youth Thursday, June 23, 2011 @ 4:44AMBEDRIDDEN, paralysed and unable to speak, 20-year-old Dexter Bunge has finally been given a reason to smile, thanks to a dozen Daily Dispatch readers who have helped make his life a little easier.
  • Readers rally round stricken youth Thursday, June 23, 2011 @ 4:44AMBEDRIDDEN, paralysed and unable to speak, 20-year-old Dexter Bunge has finally been given a reason to smile, thanks to a dozen Daily Dispatch readers who have helped make his life a little easier.
  • EL man walks away with global award Thursday, June 23, 2011 @ 1:59AMA SUNNYRIDGE man has, in three decades, gone from being a fresh- out-of-school factory worker to winner of a global excellence award – competing with 200000 Mercedes- Benz employees worldwide.
  • EL man walks away with global award Thursday, June 23, 2011 @ 1:59AMA SUNNYRIDGE man has, in three decades, gone from being a fresh- out-of-school factory worker to winner of a global excellence award – competing with 200000 Mercedes- Benz employees worldwide.
  • ANC’s ‘intellectual giant’ dies Thursday, June 23, 2011 @ 1:59AMKADER Asmal was one of the ANC’s foremost intellectual giants, the party said after the ANC veteran’s death yesterday .
  • ANC’s ‘intellectual giant’ dies Thursday, June 23, 2011 @ 1:59AMKADER Asmal was one of the ANC’s foremost intellectual giants, the party said after the ANC veteran’s death yesterday .
  • RBI to put data on Overseas Direct Investment on web Wednesday, June 22, 2011 @ 12:26PMMumbai, Jun 22 : The Reserve Bank of India has decided to put on its website, on a monthly basis from July 2011 onwards, the outflows on account of Overseas Direct Investment by Indian Companies / Parties as reported by the Authorized Dealers in Form ODI.
  • RBI's Gopinath Relinquishes Office As Deputy Governor Monday, June 20, 2011 @ 10:13AMRBI's Gopinath Relinquishes Office As Deputy Governor
  • Zille in PE to say thank you Monday, June 20, 2011 @ 2:59AMJUST a month after an election, the ANC in Nelson Mandela (Bay) was so divided it could not even agree on a budget, DA leader Helen Zille claimed in a visit to Port Elizabeth.
  • Malema warns ANC leaders Monday, June 20, 2011 @ 1:30AMANC Youth League president Julius Malema rattled a sabre at the ruling party’s leaders in his closing address to the league’s congress yesterday.
  • FM to meet RBI, NHB & PSU bank chiefs to talk rising rates, growth risks Friday, June 17, 2011 @ 2:29PMIn the back drop of rising interest rates and downward growth risks, finance minister Pranab Mukherjee has convened a meeting of all chiefs of public sector banks, Sidbi and India Infrastructure Finance Company (IIFC ) and regulators like Reserve Bank of India, National Housing Bank on July 8 to discuss the strategies to manage the dynamic situation "The finance minister wants to take stock of ...
  • Reference rate fixed at 44.93 per US Dollar Friday, June 17, 2011 @ 2:59AMMumbai, Jun 17: The Reserve Bank of India (RBI) today fixed the Reference rate at Rs 44.93 against the dollar, up by three paise from yesterday's rate of Rs 44.90.
  • Kings reign supreme over faltering Romania Friday, June 17, 2011 @ 2:30AMTHE Southern Kings rose to the top of the IRB Nations Cup rugby table by beating hosts Romania 27-23 and maintaining their unbeaten start to the tournament in Bucharest in midweek.
  • Now Malema backs Zuma Friday, June 17, 2011 @ 2:30AMANC Youth League leader Julius Malema opened his league’s congress yesterday by pledging the ANCYL’s support for President Jacob Zuma.
  • Gonubie gran attacked with axe Friday, June 17, 2011 @ 2:29AMPOLICE are on the lookout for a man who allegedly attacked a Gonubie woman with an axe, hitting her in the head at her Eighth Avenue home yesterday morning.
  • NBFCs to pass on costs if banks up lending rates Thursday, June 16, 2011 @ 3:32PMNon-Banking Finance Companies believe that the 25 basis points hike in the repo rate announced by the Reserve Bank of India should not result in an immediate increase in the rates at which banks lend to them.
  • TIMELINE - Changes to repo rate since June 2000 Thursday, June 16, 2011 @ 5:16AMREUTERS - The Reserve Bank of India on Thursday raised its repo rate for the tenth time since March 2010 and said it will persist with its battle against inflation, even as growth slows in Asia's third-largest economy.
  • E Cape honours world welterweight queen Thursday, June 16, 2011 @ 12:44AMNoni Tenge defeated the odds last Saturday as she took the IBF world welterweight title at Carnival City in Brakpan and returned to the Eastern Cape a heroine.
  • Kowie surfers on shark film trail Thursday, June 16, 2011 @ 12:15AMA township surfing sensation is hoping to overcome his deepest fears in a documentary movie that will end – if everything goes to script – with him freediving with sharks.
  • Alexander leaves mark on city Thursday, June 16, 2011 @ 12:14AMTheatre doyenne Lynette Alexander was yesterday described as a dedicated woman, a mother above all, but for many she will always be remembered as a lady.
  • BCM tariff increase is ‘illegal’ Thursday, June 16, 2011 @ 12:14AMThe hefty rates and tariff increases expected to hit cash-strapped Buffalo City residents from July1 is “unlawful”, say the metro’s six ratepayers associations.
  • R2.6m for a ruined face Wednesday, June 15, 2011 @ 11:59PMScarred beyond recognition following a horrific car crash several years ago, a former East London teacher has won millions by successfully suing the Road Accident Fund (RAF) – twice.
  • Lending against FDs surges as home loan clients feel the pinch Wednesday, June 15, 2011 @ 3:55PMEvidence of financial distress among retail borrowers due to high interest rates is mounting, particularly visible in long-term contracts like home loans.
  • Lending against FDs surges as home loan clients feel the pinch Wednesday, June 15, 2011 @ 3:55PMEvidence of financial distress among retail borrowers due to high interest rates is mounting, particularly visible in long-term contracts like home loans.