The Supreme Court gave temporary relief to Sahara group when it gave the company more time to repay the money it had raised from investors through bond sales...
Transparency International has ranked India at 94th place in its Corruption Perception Index 2012 (CPI) which enlisted 176 countries. India scored 36 on a scale from 0 (most...
Forbes magazine has enlisted the name of Indian Premier Manmohan Singh and Congress President Sonia Gandhi in list of the top 20 most powerful persons in the world....
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...