International Monetary Fund

IMF to sell 191.3 metric tonnes gold

Submitted by Anil Jangid on Thu, 02/18/2010 - 16:26

WASHINGTON:  The International Monetary Fund (IMF) said it will shortly begin selling gold in the open market under its gold sales programme,

Economy seen growing

Economy seen growing at 7.2% in FY-10: Government

Submitted by Anil Jangid on Mon, 02/08/2010 - 14:45

NEW DELHI: Government on Monday forecast its economic growth for this fiscal at 7.2 percent, as against 6.7 percent achieved in the previous India fiscal, despite a 0.2 percent declined predicted in farm output.

Sensex recover

Banking stocks recover just ahead of RBI announcement

Submitted by Anil Jangid on Fri, 01/29/2010 - 11:19

MUMBAI: Banking stocks have recovered in the last fifteen minutes and the bankex is now marginally down  0.24% at 9,351 from the day's low of 9,258.

Bombay Stock Exchange

Sensex gains momentum; DLF, Wipro, Tata Steel up

Submitted by Anil Jangid on Thu, 01/28/2010 - 14:21

MUMBAI: Equities bounced back after a sharp correction a day ago in line with other global markets.

Bank deposits contract on advance tax payment

Bank deposits contract on advance tax payment

Submitted by Anil Jangid on Thu, 12/31/2009 - 12:16

MUMBAI: Credit grows 11.25 per cent year-on-year up to December 18.

Reserve Bank of India

Now, you can use your mobile to transact Rs 50,000 in a day

Submitted by Anil Jangid on Fri, 12/25/2009 - 11:57

MUMBAI: The Reserve Bank of India (RBI) has hiked the daily ceiling for banking transactions through mobile phones to Rs 50,000 a significant jump from the present cap of Rs 15,000.

Duvvuri Subbarao

RBI tells banks to reveal exposure to Dubai World

Submitted by Anil Jangid on Sat, 11/28/2009 - 11:49

MUMBAI: India’s central bank has told banks to furnish details of their exposure to Dubai World,

United Bank of India

United Bank plans to launch IPO by January

Submitted by Anil Jangid on Fri, 10/30/2009 - 11:41

KOLKATA: The Reserve Bank of India (RBI) has approved United Bank of India’s (UBI’s) initial public offering (IPO), which will reduce the government stake in the bank by 16 per cent.

Formula One is not a sport, says sports ministry

Formula One is not a sport, says sports ministry

Submitted by pawan rana on Tue, 08/25/2009 - 18:12

NEW DELHI: According to sources, the ministry of sports in January 2009 wrote to JPSK Sports, the promoters of Formula One in the country,

Reserve Bank of India

RBI leaves key rates unchanged

Submitted by pawan rana on Tue, 07/28/2009 - 16:55

MUMBAI: The Reserve Bank India (RBI) on Tuesday kept the key rates unchanged and said there are progressive signs of economic recovery but warned that the overall scenario continued to be uncertain with fiscal consolidation posing a challenge.