July 16, 2013
MUMBAI: In its toughest move to defend the rupee after the Lehman Brothers crisis in 2008, the Reserve Bank of India (RBI) has moved to push up short-term rates in the money markets which will choke speculators and attract dollars to India.
RBI said that it would limit its lending of overnight funds to banks to Rs 75,000 crore.
July 15, 2013
By Geeta Goindi
Washington, DC – Articulating a strong case for Indian and American businesses to work together for a prosperous world, Indian Finance Minister P. Chidambaram told a power-packed business summit held on July 11 that India is seeking cooperation to build its economy.
July 15, 2013
The RBI also issued cautionary letters to seven other banks without imposing any monetary penalty after it was satisfied with their written or oral submissions
July 15, 2013
NEW DELHI: Days after a consignment of fake Indian currency notes (FICN) worth Rs 37 lakh coming from China was apprehended in Delhi, another consignment of comparable value from the same country has now been seized on the Indo-Nepal border.
July 14, 2013
ROME: Premier Enrico Letta has harshly criticized a top Italian senator who likened the country's first black cabinet minister to an orangutan, the latest high-profile racist episode in a nation grappling with immigration.
Italian minister for immigration Cecile Kyenge during a news conference in Rome.
July 14, 2013
CHENNAI: Tamil Nadu chief minister J Jayalalithaa has appealed to the Centre to take a bold stand in support of the Tamil minorities in Sri Lanka.
Jaya asks govt to take 'bold stand' against Lanka
July 14, 2013
PUNE: Getting into election mode after his elevation in BJP, Narendra Modi today launched a blistering attack on Prime Minister Manmohan Singh over the downturn in economy, falling rupee and corruption while accusing Congress of hiding behind a veil of secularism to cover its failures.
July 13, 2013
Adieu, Pran...
And Pran, Bollywood's most hated villain, bows out
Recognized by that drawled "barkhurdaar" in his steely voice, Indian film industry's most hated reel life villain, Pran Krishan Sikand - or Pran as movie credits and fans always called him - has bid his final goodbye to all the onscreen heroes who happily bashed him up and the heroines who dreaded him.
July 13, 2013
The challenge facing the army is how to thwart trained and heavily-armed guerrillas from entering the state
July 13, 2013
The Gujarat chief minister added that the SIT set up by the Supreme Court had given him a “thoroughly clean chit”
