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Putin goes for a salary cut of 10% as Russian economy reels from ruble collapse

Mar 06, 2015

Putin goes for a salary cut of 10% as Russian economy reels from ruble collapse

Russian President Vladimir Putin announced on Friday he was cutting his salary by 10 per cent as well as the earnings of several top government officials, as the country's economy reels from the collapse of the ruble. #NewsTracker #Russia #Vladimir Putin #Russian Economy #Ruble
Bank credit up 10.39% at Rs 64,53,394 cr

Mar 06, 2015

Bank credit up 10.39% at Rs 64,53,394 cr

Deposits of the banks, on the other hand continued to outpace credit demand rising 11.85 percent to Rs 84,74,824 crore in the reporting fortnight as against Rs 75,76,609 crore in the same fortnight last year. #Economy #RBI #NewsTracker #Bank credit
India not taking action against notorious markets like Nehru Place: US

Mar 06, 2015

India not taking action against notorious markets like Nehru Place: US

The report highlights certain physical and online markets around the world that are reported to engage in and facilitate substantial copyright piracy and trademark counterfeiting that harms US businesses and undermines American workers. #Business #Economy #India #TheySaidIt #Nehru Place #Mike Froman #US Trade Representative #Notorious markets
Finance ministry, RBI may battle out each other on key decisions

Mar 06, 2015

Finance ministry, RBI may battle out each other on key decisions

The RBI governor, who takes advice from his deputies and a panel of external advisers, said the external advisers were not consulted for the latest rate cut. #Economy #Inflation #RBI #Narendra Modi #Arun Jaitley #Raghuram Rajan #PolicyWatch #Arvind Subramanian #Rate cut #Monetary Policy Committee
Rajan says CPI target band could tighten in five-10 years

Mar 06, 2015

Rajan says CPI target band could tighten in five-10 years

Inflation for January stood at 5.11 percent and analysts are expecting it to hover around 5.5 percent in February. #Economy #Inflation #RBI #TheySaidIt #Raghuram Rajan

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Bill Gates is wrong, the rich-poor divide is only getting wider

Feb 03, 2014

Bill Gates is wrong, the rich-poor divide is only getting wider

The former Microsoft bosss faith in the system that gave him all the money he now spends to fight inequality is perhaps instinctive. But there is ample evidence now that inequality is inbuilt in the capitalist system. #Economy #ToTheContrary #Poverty #Bill Gates #poor