Apple launched smaller version of the iPad, ‘iPad Mini’, in India. Highlights: 23% slim, and 53% lighter than the iPad tablet Battery life 10-hour Storage capacity: 16GB with...
The RBI has for the first time established the ‘Supervisory College’ for cross border supervision of State Bank of India (SBI) and ICICI Bank. What is the role...
UN telecom body (International Telecommunication Union, ITU) head Hamadoun Toure held that internet freedom will not be regulated or curbed. He clarified this in the recently held World...
Central banks of India and Japan (The Reserve Bank of India (RBI) and the Bank of Japan (BoJ) respectively) signed a 3-year Bilateral Swap Arrangement (BSA). How agreement...
Prime Minister’s Economic Advisory Council (PMEAC) C. Rangarajan pined not to alter the RBI’s inflation comfort level from 4-5%. In 1998, Rangarajan had considered inflation rate at 6%...
In order to boost the strength of country’s largest bank, SBI, government is expected to infuse Rs 4,000 in the bank. This will enhance bank’s Capital Adequacy Ratio...
International Olympic Committee (IOC) has suspended India’s membership from Olympics. IOC has taken this strict step to stop tainted individual from contesting for top positions of Indian Olympic...
News Corp would undergo a restructure of the top management of the company. The company has decided that the top management would split into the two publically traded...