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Raghuram Rajan meets FM; discusses economic situation

New Delhi: Ahead of the RBI's central board meet, the central bank chief Raghuram Rajan on Thursday met Finance Minister P Chidambaram and is understood to have discussed economic issues."Our meeting

Banks to bear cost of frauds via cards


New Delhi: Refusing to give further extension to banks for complying with security norms, the RBI on Friday said that banks will have to bear the cost of fraudulent card transaction through point of

RBI sets up panel to frame vision for financial inclusion


Mumbai: The Reserve Bank on Monday announced a 13-member committee, including former Citibank CEO Vikram Pandit and Axis Bank chief Shikha Sharma, to frame a "clear and detailed" vision for financial

RBI is anti-inflation, asserts Raghuram Rajan

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Mumbai: Asserting that Reserve Bank is ‘anti-inflation’, new Governor Raghuram Rajan on Friday said partial easing of its recent liquidity tightening measures coupled with repo rate hike is supportiv

RBI raises repo rate; trims rupee support measures

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Mumbai: The Reserve Bank of India unexpectedly raised its policy interest rate by 25 basis points on Friday but rolled-back some of the measures it had implemented to support the battered rupee curre

It’s Rajan’s Day today


Mumbai: Amidst the euphoria created by the US Federal Reserve’s decision to continue with the quantitative easing programme without a timeline, the government has advised caution while the banks are

Rupee falls 46 paise to 62.23 vs USD after RBI raises key rate


Mumbai: The rupee fell 46 paise to close at 62.23 against the dollar on Friday, in line with a sharp decline in local stocks, after a surprise hike in a key lending rate by the RBI.
Governor Raghuram

Sensex closes 684 pts, highest since 2010


 The sensex on Thursday rose 684.48 points to end at 20,647, led by gains in banking stocks after the US Fed stunned markets and decided not to taper its asset-buying programme.The surge in BSE sense

Hiring! All-woman Bhartiya Mahila Bank needs 115 probationary officers


New Delhi: Bhartiya Mahila Bank, the first nationalised bank for women expected to be operational from November, intends to recruit 115 officers initially.The bank has invited applications through on

RBI meet to decide markets


After a big bang start during the early part of the week ended, markets drifted towards the later part on alternate bouts of buying and selling.
However, benchmark indices, the Sensex and the Nifty,

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.