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Page-99 of Topic: IBPS

RBI lowers GDP growth to 5.7%

The GDP growth for the current fiscal has been fixed lower by the Reserve Bank of India’s professional forecaster’s survey. From the earlier estimation of 6% it has now been...

August 3, 2013

Weakening rupee is biggest risk to inflation: Subbarao

Duvvuri Subbarao, Governor of the Reserve Bank of India, stated that the declining of the rupee is the biggest risk to inflation. RBI left interest rates unchanged as it...

August 3, 2013

CCEA to consider new definition of “Control” in FDI policy

The existing clause in the FDI policy states that a company owned and controlled by resident Indian citizens has the power to appoint majority of its directors in...

August 3, 2013

RBI leaves key rates unchanged to curb the depreciation of Rupee

The Reserve Bank of India (RBI) kept the indicative policy (repo) rate unchanged at 7. 25 % and the Cash Reserve Ratio (CRR) at 4% in order to...

August 3, 2013

Bollywood's Cop Jagdish Raj passed away

Jagdish Raj (85), a noted veteran actor passed away. Raj had the record of playing a police officer 144 times in various Bollywood films. He was an ideal...

July 31, 2013

Jet-Etihad deal approved by FIPB with condition

The government gave a conditional clearance to Jet Airways to sell 24% stake to Abu Dhabi-based Etihad Airways for Rs. 2,058  crore after Etihad submitted an amended Shareholders...

July 31, 2013

Those who spend Rs. 3,000/month in a village are among top 5% in the country

As per the National Sample Survey Organisation (NSSO), an individual who spends over Rs. 2,886 per month in a rural area or Rs. 6,383 per month in an...

July 31, 2013

Significant decline in percentage of poverty in Odisha and Bihar

As per the recent data, in Odisha the proportion of people below the poverty line (BPL) declined from 57.2% in 2004-05 to 32.6% in 2011-12 which resulted in...

July 31, 2013

Kumar Mangalam Birla steps down from RBI Board

Kumar Mangalam Birla who was nominated as a member of the directors of the Central Board of the RBI in 2006 stepped down from RBI Board. Why did...

July 30, 2013

“George Alexander Louis”- Duchess of Cambridge gives birth to baby boy

Britain has a new future king after the Duchess of Cambridge gave birth to a baby boy. Britain’s Prince William and his wife Kate have named their son...

July 28, 2013

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