Daily Archives: May 22, 2018

Temperature crosses 40 degrees in Dehradun; fires destroy forests in Uttarakhand

From the last one week, the sun has turned up the heat. On Monday, the maximum temperature of Dehradun reached 40 degrees Celsius. According to the Meteorological Department, for the next three to four days, the severe heat  will take a hard test of the people. The Meteorological Center has issued a warning saying that in some parts of Uttarakhand, ...

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State Bank Of India Reports Record Loss Of $1.1 Billion In March Quarter

State Bank of India

State Bank of India (SBI) reported a loss of Rs. 7,718 crore ($1.1 billion) – its biggest ever – in the January-March quarter, as the country’s biggest lender set aside more provisions for bad loans after a change in banking regulation. The loss for the three months to March 31 was deeper than what the market had expected. Analysts on ...

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Brahmos missile successfully test fired from Odisha coast


BrahMos, supersonic cruise missile was successfully test fired at 1040 hours yesterday from the Integrated Test Range (ITR) in Balasore, Odisha as part of service life extension programme. The life extension test firing of BrahMos was conducted from a Static Inclined Launcher, proving the efficacy and longevity of the system which was witnessed by the Scientist from Defence Research and ...

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Oil price hike may force RBI to up rates in August predict Analysts


Rise in oil prices may lead to inflationary trends in the country, forcing the Reserve Bank of India (RBI) to hike rates by 0.25 per cent in the August policy review, foreign brokerages said today. The apex bank, however, may opt for a status quo in rates at the forthcoming review in June, they said. “We now expect the RBI ...

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Karnataka mandate was against Cong: Shah

Asserting that the mandate in Karnataka Assembly polls was against the Congress, BJP president Amit Shah today said the party has found a new way of portraying defeat as its victory. Shah also asked the Congress to explain to the people of Karnataka why they were celebrating even when most of their ministers had lost election. “Only Congress and JD(S) ...

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