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Finance Ministry says no decision yet on curtailing RBI Governor's power on rates

Aug 03, 2015

Finance Ministry says no decision yet on curtailing RBI Governor's power on rates

As the move to strip RBI Governor of veto power on deciding interest rates faced backlash, the government on Monday said no decision on curtailing powers of the central bank has yet been taken. #Business #Economy #RBI #Reserve Bank of India #finance ministry #NewsTracker #Raghuram Rajan
Taking a home loan? This is how dual financing by banks might hurt you

Jul 28, 2015

Taking a home loan? This is how dual financing by banks might hurt you

The problem is that while the urban cooperative banks are not allowed to carry out dual financing, there is nothing that stops scheduled commercial banks from doing the same. #RBI #Federal Reserve #PolicyWatch #Paul Volcker #Home Loans #SARFESAI Act #Dual financing
Gold free fall wipes out 44% of the value of Indias gold reserves

Jul 23, 2015

Gold free fall wipes out 44% of the value of Indias gold reserves

In September 2011, when gold prices had peaked to a record high of $1,921.15 ounce, RBI's gold holding was valued at $37.8 billion #Dollar #RBI #Foreign exchange reserves #SDR #gold price decline
Manchester United to sell Valdes after reserves snub, says Van Gaal

Jul 16, 2015

Manchester United to sell Valdes after reserves snub, says Van Gaal

Manchester United will sell goalkeeper Victor Valdes after the Spaniard refused to play in the reserves, manager Louis van Gaal said on Wednesday. #Sports #football #Manchester United #KickingAround #Louis van Gaal #reserves #Victor Valdes
Debt crisis: How Greece's euro tragedy turned into a farce at the end

Jul 14, 2015

Debt crisis: How Greece's euro tragedy turned into a farce at the end

The deliberations leading to this compromise by the European Council have tried their best to keep Greece within the fold and retain the integrity of the euro currency. #Economy #Greece #InMyOpinion #Euro #Federal Reserve #European Commission #European Council #Alexis Tsipras #Grexit
FDI in manufacturing of tobacco products prohibited: Reserve Bank of India

Jul 03, 2015

FDI in manufacturing of tobacco products prohibited: Reserve Bank of India

Reserve Bank on Friday said the Foreign Direct Investment (FDI) in manufacturing of tobacoo products is prohibited #Reserve Bank of India #NewsTracker #FDI #Tobacco #Department of Industrial Policy & Promotion #Cigars
Money makeover: Reserve Bank of India introduces changes to the Rs 100 note

Jul 01, 2015

Money makeover: Reserve Bank of India introduces changes to the Rs 100 note

The Reserve Bank of India has introduced the new Rs 100 note on Tuesday with the numerals in both panels in ascending size from left to right. #India #RBI #Reserve Bank of India #Money #ImagesOfTheDay #Rs 100
RBI clarifies on Raghuram Rajan's Great Depression comment: Here's what he really meant

Jun 29, 2015

RBI clarifies on Raghuram Rajan's Great Depression comment: Here's what he really meant

The Great Depression started in the United States after the stock market crashed in October 1929 and then gradually spread to other parts of the world. #Economy #Inflation #ConnectTheDots #Federal Reserve #Raghuram Rajan #Great Depression