In their book “An Uncertain Glory: India and its Contradiction”, Amratya Sen along with Jean Drèze, have presented a view of the conditions of contemporary India with a...
A special borrowing window of Rs 25,000 crore was opened by the RBI to help mutual funds industry over liquidity problems. The crisis occurred due to different merger schemes...
As per World Federation of Exchanges (WFE) the National Stock Exchange (NSE) has again embarked its position as the world’s largest bourse in terms of volumes in equity trades....
In the wake of continuing depreciation of rupee disturbing the monetary and fiscal calculations, the Reserve Bank of India (RBI), fine-tuned the Marginal Standing Facility (MSF) rate to...
The Reserve Bank of India (RBI) has fined 22 banks by imposing penalty for violating Know-Your-Customer (KYC) norms and anti-money laundering guidelines. The banks who have been fined...
In commemoration to V.K. Krishna Menon’s long and eventful association with London, the British government has decided to put up an English Heritage blue plaque at the house...
Legendary Bollywood actor and Dadasaheb Phalake Award winner Pran Krishan Sikand (83), popularly known as Pran, passed away. About Pran Krishan Sikand: Born: February 12, 1920 in Ballimaran,...
In the current scenario of continuous down slide of the rupee against the dollar, the Reserve Bank of India, in a bid to cub this volatility, has ordered...
The small Baltic nation of Latvia has been given approval from its European partners to become the 18th member of the eurozone from 2014. The ECOFIN council which...
July 14, 2013 was the last day for the legendary 163-year old Telegram service in India. BSNL who had been providing this service terminated it on the account...
