The Reserve Bank of India (RBI) recently allowed Indians who have non-resident accounts in India to hold them in any currency which is fully convertible. This decision by...
Recently the cabinet approved a policy to enable profit making state-run firms to acquire assets oversees. The new policy also seeks to enhance the power of Maharatna and...
A web based Social Security Pension System launched by the Rajasthan Govt at Jaipur. It is an e-Governance initiative for efficient and timely payout of pension and in...
Currency Exchange Rate Oversight Reform Act of 2011 Recently, the US Senate voted to advance a Bill pressuring China to prevent undervaluing its currency. The Senate voted in...
The Rupee was on its lowest point in 2 years after September 2009. The sustained fall is not only bad news for importers but is also fuelling inflation,...
In the Union Budget 2006-07, the Indian Finance Minister had announced the subsidized 7% loan for farmers. A recent study by NABARD says that it actually translates into...
New Pension Scheme is being promoted as long-term financial instrument for an investors old age security. But the latest data released by Government have presented a dismal picture....
Recently, the Financial Sector Legislative Reforms Commission (FSLRC) has been asked by the government to review of the rules governing Employees Provident Fund Organization (EPFO), government securities and...
New India Assurance chairman M Ramadoss has been suspended by the Government for for alleged violations in issuing insurance cover to an airline during his stint as head...
Jharkhand born Deven Sharma was an executive, and the president of Standard & Poor’s, a Division of The McGraw-Hill Companies. He had joined Standard & Poor’s in 2006...
