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World Bank Group commits $18 bn loan to India in three years

Jul 23, 2014

World Bank Group commits $18 bn loan to India in three years

India is the largest client for the World Bank Group. India received $5.2 billion loan last fiscal. In the past three years, India had received about $9.8 billion loan from the Workd Bank Group. #ThisisNext #Jim Yong Kim #World Bank Group #International Finance Corporation
Tax proceedings against Swiss account holders have started: Jaitley

Jul 18, 2014

Tax proceedings against Swiss account holders have started: Jaitley

Tax proceedings have begun against Swiss bank account holders, Finance Minister Arun Jaitley told the Lok Sabha on Friday. #Finance minister #NewsTracker #Arun Jaitley #Arun Jaitley Finance Minister #Tax proceedings #Swiss bank account holders #Swiss Bank holders
BRICS: PM Modi turns in a star performance on global stage

Jul 17, 2014

BRICS: PM Modi turns in a star performance on global stage

Despite the gaffes in scheduling meetings, Modi has emerged from the BRICS summit having made a mark for himself, his own personal style statement and his individualistic stamp on foreign policy. #India #Brazil #PoliticsDecoder #BRICs #Vladimir Putin #Xi Jinping #Prime Minister Narendra Modi #New Development Bank #Fortaleza Declaration
Modi vows to strengthen ties with South America using BRICS as platform

Jul 17, 2014

Modi vows to strengthen ties with South America using BRICS as platform

Modi said that India's trade with South America, has shown strong growth in recent years but was still well below potential #World #India #Narendra Modi #Brazil #BRICs #TheySaidIt #Dilma Rousseff #BRICS Development Bank #MERCOSUR
IMF welcomes setting up of new BRICS development bank

Jul 17, 2014

IMF welcomes setting up of new BRICS development bank

The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership. #India #China #IMF #Brazil #diplomacy #NewsTracker #Russia #International Monetary Fund #BRICs #South Africa #BRICS summit 2014 #IMF Reforms 2010 #BRICS development banks

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Banking licences: Were Tatas hoping to change the rules mid way?

Nov 28, 2013

Banking licences: Were Tatas hoping to change the rules mid way?

Many corporate were hoping for relaxation of RBI rules for a couple of years, and when they realized RBI is not going to relax any norms, some of them are now backing out #RBI #Tata Sons #Tata #Banking Licences
Why you shouldn't position portfolios based on central bank policies

Jul 11, 2013

Why you shouldn't position portfolios based on central bank policies

Central Banks policies and actions can lead to short term volatility and also give people like us something to write or talk about. However do not let central banks actions lead you away from your longer term objectives. Let the traders play the volatility while you ride out the short term volatility for longer term gains. #Central bank #stocks #markets #PersonalFinance #market volatility

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Why you shouldn't position portfolios based on central bank policies

Jul 23, 2014

Deutsche Bank’s Renewal Still a Work in Progress

Persuading investors that the bank holds itself to higher standards than before the financial crisis is starting to look like a generation’s work, Dominic Elliott writes in a Reuters Breakingviews column... #Deutsche Bank #Federal Reserve Bank of New York
Why you shouldn't position portfolios based on central bank policies

Jul 23, 2014

Fed Is Said to Criticize Deutsche Bank’s Oversight and Reporting Efforts

A lawyer for a former employee of the bank said the Federal Reserve Bank of New York told the German bank of its findings in December... #Deutsche Bank #Federal Reserve Bank of New York #Europe #United States
Why you shouldn't position portfolios based on central bank policies

Jul 22, 2014

CIT to Buy OneWest for $3.4 Billion

The CIT Group, which is run by John A. Thain, has agreed to acquire the parent company of OneWest Bank for $3.4 billion in cash and stock... #John A. Thain #OneWest #Indymac Bancorp #CIT GROUP INC