Mumbai, Feb 2 (IANS) Ahead of the federal budget for the next fiscal, India’s central bank on Tuesday kept its key lending rates unchanged in line with stakeholders expectations. The Reserve Bank of India (RBI)…
(150619) — TOKYO, June 19, 2015 (Xinhua) — Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a press conference at its headquarters in Tokyo, capital of Japan, June 19, 2015. (Xinhua/Stringer) Tokyo, Jan 30 (IANS)…
Bengaluru, Jan 28 (IANS) India’s richest business mogul Mukesh Ambani of Reliance Industries, Indian IT czar Azim Premji of Wipro and drug maker Dilip Shanghvi of Sun Pharma rank among world’s top 50 wealthiest billionaires….
Washington, Jan 28 (PTI) The IMF has announced the implementation of its long due quota reforms which was approved by the US Congress last year that will give more voting rights to emerging economies like…
New York, Jan 28 (IANS) US stocks ended sharply lower on Wednesday, as Wall Street digested the newly-released Federal Reserve’s statement amid downbeat quarterly earnings reports. The Dow dropped 1.38 percent, and the S&P 500…
New Delhi, Jan 23 (IANS) The central government has mobilised more than 900 kgs of gold under its gold monetization scheme, a senior official said on Saturday. “Gold Monetisation Scheme: More than 900 kgs gold…
Davos, Jan 22 (IANS) Describing the current level of economic reforms in India moving in the right direction but inadequate, Reserve Bank of India Governor Raghuram Rajan has said that business in the country needs…
Mumbai, Jan 19 (IANS) In a bid to infuse liquidity into markets, the Reserve Bank of India (RBI) will purchase government securities worth a total Rs.10,000 crore on Wednesday. “Based on the current assessment of…
Raqqa, Jan 19 (IANS/AKI) Islamic State has cut its fighters’ salaries by 50 percent in Syria as air strikes continue to target oil fields, supply lines and cash stores, affecting its revenue streams, The Independent…
Beijing, Jan 19 (IANS) The central parity rate of the Chinese currency, or the yuan, weakened by 6 basis points to 6.5596 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…
By Chaitanya Mallapur Just 62 individuals had the same wealth as 3.5 billion people — the bottom half of humanity—in 2015, according to a new report, An Economy For The 1%, by global advocacy Oxfam….
New Delhi, Jan 17 (IANS) India should allow the rupee to depreciate to help exports remain competitive, while the RBI should use its ample forex reserves to defend the currency only in a rout situation,…
New Delhi, Jan 17 (PTI) The World Bank usually tames wild economies and helps countries stabilise their fluctuating finances, but in a global first, the banker for the world has gone to a zoo that…
Patna, Jan 16 (IANS) The World Bank may help Bihar in imparting computer education and communication skills to millions of youths, state officials said on Saturday. “World Bank country director Onno Ruhl during his meeting…
New Delhi: SoftBank Chairman and Chief Executive Masayoshi Son and President Nikesh Arora during the opening session of launch of “Start Up India“ in New Delhi on Jan 16, 2016. (Photo: Amlan Paliwal/IANS) New Delhi,…
Mumbai, Jan 15 (IANS) TV stars like Divyanka Tripathi, Deepika Singh and Arya Babbar say that if they manage to lay their hands on billions of rupees, they will buy a “personal jet”, “travel around…
Washington, Jan 15 (PTI) An Indian-origin convenience store owner in the US has become a celebrity overnight after he sold one of the three Powerball winning lotteries with a record jackpot of USD 1.6 billion….
Kochi, Jan 14 (IANS) The National Bank for Agriculture and Rural Development (Nabard) has given Rs.44 crore for the Kerala University of Fisheries and Ocean Studies (Kufos) here. It is the largest financial support to…
Munford, Jan 14 (AP) An unprecedented USD 1.6 billion Powerball jackpot that became a national fascination will be split three ways, by mystery winners in Florida, Tennessee and California. The winners did not immediately identify…
New York, Jan 12 (AFP) The largest jackpot in US history shot up to USD 1.5 billion today, driven by record sales as people flock across state lines and international borders to buy tickets, a…