Kerala government has dismissed 171 doctors and issued show-cause notice to 113 others for unauthorised absence from duty, Health Minister P.K. Sreemathy has said. The Minister said in a written reply to the Assembly on Monday that disciplinary action was being initiated against 126 doctors on the same grounds. The bond amount would be realised […]
Sub-Prime Woes Hits Indian Banking Sector
India’s vulnerability to the after-effects of sub-prime crisis in the U.S.A. is beginning to come out in the open. The ICICI Bank, India’s second largest bank in the private sector is reported to be hit with a mark-to-market loss of U.S.$263/- Million in its loan and investment exposure. It is estimated that the Bank and […]
The Church in India and Health Care: Staying Relevant
The church and the Christian community in India have always been justly conscious and proud of its involvement in two sectors historically- education and health care. This involvement has been an interesting one and from a time where the church run health care meant charity and charitable institutions, today many church run institutions are involved […]
ICICI BANK Cut Interest Rates
It’s good news for all home loans consumers from India because just from the next month The ICIC Bank which is a biggest private lender saying it could cut interest rates in the first quarter of next Fiscal. And this one not only for new customers, but also for the existing Floating- rate clients also. […]
The World Bank—–International Finance —-Part 1
Introduction Conceived during World War 2 at Bretton woods, New Hampshire, the World Bank initially helped rebuild Europe after the war. its the first loan of %250 million was to France in 1947 for post-war reconstruction. Reconstruction has remained an importent focus of the Banks work, given the natural disasaters, humanitarian emergencies, and post-conflict rehabilitation […]
3 Bengali Nobel laureates : Part-3(Muhammad Yunus)
Dr. Muhammad Yunus: Dr.Muhammad Yunus from Bangladesh was awarded the 2006 Nobel Peace Prize, along with his Grameen Bank, for their efforts to create economic and social development.Muhammad Yunus was the first Bangladeshi and third Bengali to ever get a Nobel Prize. In the prize announcement The Norwegian Nobel Committee mentioned: Muhammad Yunus has shown […]