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Chidambaram Satirical on NaMo Speeches 30 November 2013
The Finance Minister made satirical remarks on Narendra Modi's comments in his election speeches as PM candidate for BJP. Narendra Modi has to be more careful as his speeches in public are closely observed by his followers and also opposition...
Keywords: BJP Narendra Modi, Finance Minister Chidambaram, current account deficit (CAD), BJP's PM Candidate Narendra Modi
Read MoreRBI keeps rates unchanged 03 February 2015
The Reserve Bank of India has kept its Policy Repo Rate and cash reserve ratio [CRR] unchanged at 7.75 percent and 4.0 percent respectively. Citing the currently and evolving macro-economics situation, RBI took this decision, however, the statutory liquidity ratio...
Keywords: statutory liquidity ratio, GDP, fiscal year, home loans
Read MoreAnalysts: rate slash was marked by doubt! 17 June 2013
In the majority of instances analysts said that India's central bank was expected to keep interest rates on hold on Monday with important relations over the rupee trading near record lows likely to exceed in value of the fall in...
Keywords: Reserve Bank of India, national news update, borrowing rates, fall in inflation
Read MoreA normal monsoon will help econimic growth 27 April 2013
The forecast that a normal monsoon would make way to India in time has been the most soothing news the policymakers have heard since what seemed like ages. This is one positive news which would put the nation back on...
Keywords: policymakers, international monetary fund, CAD, international monetary fund
Read MoreRelaxation On Curbs on Gold Imports 24 December 2013
Due to the restrictions on the gold imports smuggling of gold in to India is rampant. To address the problem the Government seems to be considering the relaxation of the curbs on gold imports. In order to control the Current...
Keywords: Business, Commerce and Industry Minister, RBI, Yellow Metal
Read MoreRupee rises against dollar by 10 paise 30 May 2013
After a bad week of poor performance in the Interbank Foreign Exchange Market, the Indian currency managed to get things straight slightly improving over the US Dollar as it finished at 56.07 today in the early morning trade. USD was...
Keywords: USD, foreign exchange, USD, current account deficit
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