RBI has liberalized hedging limit for domestic investors to $250,000 from $100,000 on the basis of a simple declaration without any prerequisite of further documentation. RBI has now allowed...
President Pranab Mukherjee cleared the nomination of Justice G Rohini (59), the most senior judge of the Andhra Pradesh high court, as the Chief Justice of the Delhi...
Indian Navy’s first aircraft carrier INS Vikrant has been sold for mere Rs 60 Crore via an online auction to an Alang ship-breaker. The decommissioned aircraft carrier played...
RBI has accepted the P. Vijaya Bhaskar Committee’s recommendations relating to Financial Benchmarks. RBI has asked for establishing an independent body for recommending benchmark foreign exchange rate in order to...
Following a sequence of investigations by the banks themselves in high-profile cases viz. Deccan Chronicle, Kingfisher Airlines, etc. which yielded very little, the RBI has now decided to itself...
RBI fully sold the Rs 200 billion ($3.31 billion) worth of Government bonds on Thursday April 17, 2014, executing the India’s biggest-ever auction. Speculations ran in market that Life...
“Crusader or Conspirator? Coalgate and other Truths” authored by former coal secretary P C Parakh released. Controversy surrounding the book: Parekh in his controversial book has alleged that the...
“The Accidental Prime Minister: The Making and Unmaking of Manmohan Singh” – a memoir by Indian policy analyst Sanjaya Baru released. Mr. Baru was Prime Minister Manmohan Singh’s Media Advisor...
The Supreme Court bench of Justice K S Radhakrishnan and Justice Vikramjit Sen ruled that the Comptroller and Auditor General (CAG) in his capacity can inspect the accounts...
