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LS adjourned over Telangana
Lok Sabha was today adjourned minutes after it met for the day as TDP members from coastal Andhra and Rayalseema disrupted proceedings protesting against the announcement for a separate Telangana. http://smallpersonalloans.org.uk

Interest rates likely to move up this year: Kidwai
An expected recovery in the bank credit in the next few months may push up interest rates in the later part of the current fiscal, a top foreign banker today said.

News of the day

Vidal, withal
A year or two ago Gore Vidal was expected at the Jaipur Literature Festival, and was scheduled to make one appearance in Delhi. I was all ready to arrive early and stick my hand out to have it shaken by the master. There must have been many others with similar aspirations. But in the event Gore cancelled his trip to India.
Corporate

IITians to participate in global conference in October

Over 3000 Indian Institute of Technology (IIT) alumni from across the world will gather near here to participate in a global conference on technology and innovation that would be attended by President Barack Obama"s Chief Technology Officer Aneesh Chopra. - Citibank launches next-gen mobile payments in India - Follow the IIT style admission policy, Maran tells NIFT - E Somanathan: How to get decent colleges in India">E Somanathan: How to get decent colleges in India - Revised pay for IIT, IIM faculty may go to Cabinet this week - ABB wins Rs 220 cr order from Tata Power - Exim Bank to float special fund for rural technologies The fifth Global PanIIT conference, hosted by the IIT Midwest team, will be held in suburban Schaumburg on October 9-11 and will focus on the theme of "Entrepreneurship and Innovation in a Global Economy". Chopra, US" first Chief Technology Officer and Associate Director for Technology in the Office of Science and Technology Policy, will discuss his plans to help build a next-generation digital infrastructure and drive innovation. Leaders from industry, academics and government sector will participate in the conference to address challenges and opportunities in key areas such as alternative energy, healthcare, digital infrastructure and climate change, organising committee chairman Ray Mehra said in a statement. Caterpillar Inc Chairman and CEO James Owens, India"s National Knowledge Commission Chairman Sam Pitroda, Indian Ambassador to the US Meera Shankar, Eric J Gleacher, Distinguished Service Professor of Finance at the University of Chicago, and Former Chief Economist of the IMF Raghuram Rajan would also attend the conference. Started in 2002, PanIIT is an umbrella organisation of the alumni of all the seven IITs.


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