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India declines 4 places, ranked 40th in WEF’s financial development index

 India was ranked at 40th position in the World Economic Forum’s Financial Development Report 2012, down four spots from last year. The index ranked 62 leading financial systems...

November 4, 2012

CRR: 4.25%

The Reserve Bank of India (RBI) cut the Cash Reserve Ratio (CRR) by 25 basis points from 4.5 to 4.25 percent. Why this step? The reduction in the...

November 1, 2012

IMR decreased to 44 Per 1000 Live Births during 2011

Infant Mortality Rate (IMR) declined by 3 points from 47 to 44 infant deaths per 1000 live births during 2011. As per Sample Registration System (SRS) released by...

October 27, 2012

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