India’s budget: Mood mixed at Moody’s

India’s budget: Mood mixed at Moody’s

Chennai, March 2  Global credit rating agency Moody’s Investors Service on Monday said India’s budget for 2015-16 is credit positive for corporates and a mixed bag for the banks. The increase in service tax, however, is credit negative as it would increase the production cost for Indian corporates, the agency said. “Measures designed to reduce […]

Australia to test new aircraft tracking technology

Australia to test new aircraft tracking technology

Canberra, March 2  Australia is slated to begin testing new methods of monitoring aircraft over remote areas following the mysterious disappearance of Malaysia Airlines flight MH370 almost a year ago. Government-owned corporation Airservices Australia will join forces with Indonesia and Malaysia to install new devices that checks the movement of all aircraft every 15 minutes, […]

Pru Goward med rel: UNIVERSITY OF SYDNEY EXPANSION TO GROW THE ECONOMY AND JOBS

Pru Goward med rel: UNIVERSITY OF SYDNEY EXPANSION TO GROW THE ECONOMY AND JOBS

Minister for Planning Pru Goward today announced approval of The University of Sydney’s concept proposal to cater for significant future growth at the Camperdown and Darlington campuses. The Campus Improvement Program will generate almost $1.4 billion in investment, with up to 15,000 jobs created during construction, and an extra 400 full-time employees once the expansion […]

Gabrielle Upton med rel — Funding Boost For Homelessness Services

Gabrielle Upton med rel — Funding Boost For Homelessness Services

Family and Community Services Minister Gabrielle Upton today announced a boost of $8.6 million per year until June 2017 for specialist homelessness services in NSW. The Service Support Fund was established to help specialist homelessness services providers that were unsuccessful in the Going Home Staying Home tender to deliver additional and complimentary services. Minister Upton […]

Yoga Guru Baba Ramdev to hold a yoga camp in Australia

One of the World’s leading and most acclaimed Yoga master, Swami Ramdev conducts his popular and successful Yoga Workshops in India and various other countries. These Yoga Camps are attended by thousands of participants, broadcasted live on television and watched by millions of people around the world, in more than 177 countries. All Yoga workshops […]

Budget pro-rich, pro-corporate: Assam CM

Guwahati, Feb 28 (IANS) Assam Chief Minister Tarun Gogol Saturday termed the union budget for 2015-16 “pro-rich and pro-corporate”, while regional political party Asom Gana Parishad (AGP) said it was a “depressing” one for Assam and the northeast. Industry bodies of the region, however, hailed the budget as a “well-balanced” one, taking care of the […]

Tamil Nadu leaders term budget disappointing

Chennai, Feb 28 (IANS) Tamil Nadu’s major political leaders Saturday expressed their disappointment at most proposals made by union finance minister Arun Jaitley in his 2015-16 budget while welcoming a few. “In so far as our hopes and expectations have not been fully met, we have to say that the budget has fallen short of […]

Samajwadi Party, CPI-ML slam union budget

Lucknow, Feb 28 (IANS) The Samajwadi Party and the CPI-ML Saturday slammed the union budget, saying it had disappointed the common man. Samajwadi Party spokesman and cabinet minister Rajendra Chowdhary said people were looking forward to the budget with hope, especially that some relief would be given in various tax regimes and to control inflation. […]

Allocation to smart cities project lowered

Allocation to smart cities project lowered

New Delhi, Feb 28 (IANS) Prime Minster Narendra Modi’s pet project of building 100 smart cities has only been allotted Rs.143.05 crore in the union budget Saturday – down from Rs.7,016 crore. Of the Rs.7,016 crore allocated, however only Rs.924 crore have been used. However, the urban development inistry – entrusted with the task of […]

Another temple attack in US spreads concern among Hindus

New York, Feb 28 (IANS) A Sanatan Dharam temple was vandalised in Washington state with windows broken and the word “Fear” painted on it, less than a fortnight after another temple was attacked. Members of the the Sanatan Dharma Temple in Kent, about 30 km from Seattle, who came for worship Friday “were greeted by […]