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Journalism of Courage
Rupee declines to 43.04
MUMBAI: The rupee went to an intra-day low of 43.02/04 on Monday. Opening the day at 42.9450/9550 from its last close at 42.93/94, the rupee touched an intra-day low of 42.9450/9550 on a statement by Reserve Bank deputy governor, Jagdish Kapoor, to the effect that the central bank will let the local currency find its own level. The State Bank of India8217;s dollar buying in early trades coupled with tension on the Indo-Pak border pulled the rupee to its intra-day low. By close of trades, the rupee was seen at 42.97/98.
World8217;s smallest cellular phone
NEW YORK: American telecommunications major Motorola launched the world8217;s smallest cellular phone till date, weighing a mere 83 grams butcosting no less than Rs 40,000 a piece. Smaller than a standard business card, the new Motorola V3688 is a global system for mobile telephony dual band phone and part of the American company8217;s V-series of cellular phones.
AIBA threatens country-wide strike
NEW DELHI: All India Bank Staff Association said it will go in for a country-wide strike if the government implemented the recommendations of MS Verma committee on revival of three loss making PSU banks. Taking strong exception of the recommendations, which proposed closure of 25 per cent of branches of the loss making Uco bank, United Bank of India and Indian Bank, AIBA officials said it will oppose the proposals from implementation by the government.
Telemedicine service launched
MUMBAI: Apollo Al Khaleej HeartScan amp; Medical Centre has launched its unique telemedicine service today under the patronage of Sheikh Hamdan Bin Rashid Al Maktoum, deputy ruler of Dubai and UAE, minister of finance amp; industry and president of departmentof health amp; medical services.
Inaugurating the service, Ahmad Atiq Al Jumairi, director general, department of health amp; medical services congratulated Apollo Al Khaleej for providing this unique service for the people of the UAE and said that patients now would not have to incur huge expenditures travelling outside the Emirates for consultation and treatment. quot;The medical facilities in the UAE are as good as the best in the world. Patients can now receive second opinion consultations from world renowned specialists in the United State and India in a quick and cost effective way,quot; he said.
