The Reserve Bank of India (RBI) has left the key policy rate, the repo rate, untouched at 7.25% in its June mid-quarter monetary policy. Cash Reserve Ratio (CRR),...
Fitch Ratings has revised India’s sovereign credit outlook to ‘stable’ from ‘negative’ and affirmed the ‘BBB-’ rating assigned earlier. Why this upgrade? Fitch revised the outlook to stable...
Are we moving towards ‘Hindu’ rate of growth again? As India registered a meager GDP growth of 4.8% in the first quarter of 2013 it has rendered dreams...
The outlook of ten Indian banks and Financial Institutions (FIs) have been revised to ‘stable’ from ‘negative’ by rating agency Fitch. The upgrade is despite the fact that...
The sliding down of rupee which has depreciated by nearly 8% against the U.S. dollar during the last one-and-a-half months may make home appliances and cars dearer as...
As per reports in the UK newspaper, The Guardian, India is among the top 5 countries most extensively monitored by the NationalSecurity Agency (NSA), a US government agency tasked with foreign...
In a move that would encourage foreign portfolio investment in Indo, the Government hiked the investment limit for foreign portfolio investors in government bonds by $5 billion to...
Social networking website Facebook opened its first data centre outside the United States, in Luleaa, a coastal Swedish town near the Arctic Circle. With this, Facebook joins Google and...
Prime Minister Manmohan Singh has directed for the creation of a Project Monitoring Group who will monitor the implementation and fast tracking of all the 215 infrastructure projects of...
