Mumbai: New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focu

Mumbai: Raghuram Rajan, a suave, unflappable University of Chicago economist, on Wednesday took over as the new Governor of the Reserve Bank of India amidst gloom all over. He is bound to step into t

Mumbai: The Reserve Bank on Saturday said it is not contemplating any proposal to buy idle gold and convert it into bullion.
"The RBI clarifies that no such proposal is under its consideration at thi

Mumbai: The rupee got a boost on Friday from the Prime Minister's assurances in Parliament on combating the currency's fall and reviving economic growth, gaining 85 paise to close at 65.70 against th

Mumbai: In a day of see-saw trade, the benchmark S&P BSE Sensex rose 219 points to the highest level in more than two weeks after the Prime Minister's optimistic comments on the rupee and economy

New Delhi: A combative Prime Minister Manmohan Singh on Friday made a scathing attack on the BJP in the Rajya Sabha, accusing them of hurting investors' sentiment by repeatedly disrupting Parliament,

New Delhi: Under attack in Parliament over the sliding rupee, Prime Minister Manmohan Singh made a statement on India's economic condition in Lok Sabha on Friday. 
Highlights of his speech: 
Current

New York/ Mumbai: The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again t

Bengaluru: Contrary to predictions of headhunters earlier this year, lateral hiring has been a non-starter in FY 2014. Flat to negative demand for lateral hires by IT services firms in the January-Ma

Global rating agency Standard and Poor's, on Wednesday, cautioned that large deficit economies including India could face more economic problems in the near term.