Category: Finance

India’s Central Bank Keeps Key Lending Rates on Hold

Mumbai, Feb 2 (IANS) Ahead of the federal budget for the next fiscal, India's central bank on Tuesday kept its…

10 years ago

Bank of Japan to Introduce Negative Interest Rate

Tokyo, Jan 30 (IANS) The Bank of Japan (BOJ) surprised markets by announcing that it would introduce a negative interest…

10 years ago

Mukesh Ambani, Premji, Shanghvi Among World’s Richest Billionaires

Bengaluru, Jan 28 (IANS) India's richest business mogul Mukesh Ambani of Reliance Industries, Indian IT czar Azim Premji of Wipro…

10 years ago

IMF Implements Long Due Quota Reforms

Washington, Jan 28 (PTI) The IMF has announced the implementation of its long due quota reforms which was approved by…

10 years ago

US Stocks Tumble After Fed Statement

New York, Jan 28 (IANS) US stocks ended sharply lower on Wednesday, as Wall Street digested the newly-released Federal Reserve's…

10 years ago

More Than 900 Kgs Of Gold Mobilised Under Monetisation Scheme

New Delhi, Jan 23 (IANS) The central government has mobilised more than 900 kgs of gold under its gold monetization…

10 years ago

Reforms Moving in Right Direction but Inadequate: RBI Governor

Davos, Jan 22 (IANS) Describing the current level of economic reforms in India moving in the right direction but inadequate,…

10 years ago

RBI to Buy Government Securities Of Rs.10,000 Crore

Mumbai, Jan 19 (IANS) In a bid to infuse liquidity into markets, the Reserve Bank of India (RBI) will purchase…

10 years ago

Islamic State Faces Fund Crunch, Cuts Fighters’ Wages

Raqqa, Jan 19 (IANS/AKI) Islamic State has cut its fighters' salaries by 50 percent in Syria as air strikes continue…

10 years ago

Chinese Yuan Weakens

Beijing, Jan 19 (IANS) The central parity rate of the Chinese currency, or the yuan, weakened by 6 basis points…

10 years ago

62 People Have Same Wealth As 3.5 Billion

By Chaitanya Mallapur Just 62 individuals had the same wealth as 3.5 billion people — the bottom half of humanity—in…

10 years ago

RBI Should Let Rupee Slide to Help Exports: Assocham

New Delhi, Jan 17 (IANS) India should allow the rupee to depreciate to help exports remain competitive, while the RBI…

10 years ago

In a Global First, World Bank Embraces Zoo in India!

New Delhi, Jan 17 (PTI) The World Bank usually tames wild economies and helps countries stabilise their fluctuating finances, but…

10 years ago

World Bank to Help Bihar in Computer Literacy

Patna, Jan 16 (IANS) The World Bank may help Bihar in imparting computer education and communication skills to millions of…

10 years ago

Softbank Chief Promises More Money for Indian Start-Ups

New Delhi, Jan 16 (IANS) Japan-headquartered SoftBank, which has pumped in $2 billion into Indian start-ups, will step-up such investments…

10 years ago

What TV Celebs Will Do if They Have ‘Billions’?

Mumbai, Jan 15 (IANS) TV stars like Divyanka Tripathi, Deepika Singh and Arya Babbar say that if they manage to…

10 years ago

Indian-American Balbir Atwal Gets USD 1m for Selling Record Jackpot Ticket

Washington, Jan 15 (PTI) An Indian-origin convenience store owner in the US has become a celebrity overnight after he sold…

10 years ago

NABARD Gives Rs.44 Crore for Kerala’s Fisheries Varsity

Kochi, Jan 14 (IANS) The National Bank for Agriculture and Rural Development (Nabard) has given Rs.44 crore for the Kerala…

10 years ago

$1.6 Billion Powerball Jackpot Goes to 3 Winners in 3 States

Munford, Jan 14 (AP) An unprecedented USD 1.6 billion Powerball jackpot that became a national fascination will be split three…

10 years ago

Jackpot Hits USD 1.5 Billion in US Lottery Record

New York, Jan 12 (AFP) The largest jackpot in US history shot up to USD 1.5 billion today, driven by…

10 years ago



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