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Challenged by unrelenting inflationary pressures, Reserve Bank on Tuesday announced stringent measures of hiking mandatory cash reserve of the banks and its short-term lending rate to them to suck up an estimated Rs 20,000 crore - a move that could make..
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The number crunching game of economics is the only thing at boom in this recessionary atmosphere around the globe. Data is being analyzed rigorously in order to get...
made popular Jan 21 2009
Niraj Wadhwa* was surprised when he opened the envelope he received one Saturday afternoon. There was a small, flashy credit card tucked inside the envelope. “Not...
made popular Jul 26 2008
Indian inflation set another record in the third week in June as prices of food, fuel and steel continued to rise.
made popular Jul 4 2008
There are growing fears that further rises in Indian interest rates will be needed after inflation hit its highest rate since records began 13 years ago.
made popular Jun 29 2008
Technically, the Apex Court had ruled neither against RBI order nor against the HC’s stay. The stay had kept the central bank’s action, including a ban on fresh...
made popular Jun 18 2008
Banks have no plans to hike the interest rates on home loans in the immediate future and what could be more good news the rates could even fall.
Union Finance Minister...
made popular May 2 2008
Inflation numbers for the week ended March 15 came out at 6.68% giving the economy a rude shock. With rising inflation and slowing growth, what options does the...
made popular Apr 3 2008
There are very good banks and there are banks that have unnoticed practices of fraud and deception. In India, when it comes to rogue practices by erring banks, the...
made popular Apr 2 2008
Here is good news for ATM (automated teller machine) cardholders across the country; the Reserve Bank of India (RBI) has proposed free ATM services by banks that will...
made popular Jan 5 2008
The borrowers may celebrate the New Year 2008 with great joy because the interest rates on home and consumer loans are likely to go down from the second quarter onward....
made popular Jan 2 2008
On Monday, Finance minister P Chidambaram said that the value of Indian rupee could appreciate more because Indian economy is going great. At this point of time,...
made popular Nov 6 2007
The communist parties have urged the UPA government to restrict the foreign fund inflows into Indian stock market. The left leaders have said that the government should...
made popular Oct 20 2007
The value of Indian currency against the US Dollar is gaining strength and it could break the Rs 39 per dollar mark in near future. The British Bank, Standard &...
made popular Oct 18 2007
To touch the 10% annual GDP growth by the year 2011 is a great Indian dream and everyone in India talks about the double-digit growth of Indian economy in coming days....
made popular Oct 9 2007
According to Reserve Bank of India governor Y V Reddy, there is no need to create separate funds such as Stabilization Fund (SF) and Sovereign Wealth Fund (SWF) from...
made popular Oct 9 2007
The rising value of rupees against US dollar has started showing its impact on the exporters’ business in the country. The higher services exports to some extent...
made popular Sep 29 2007
The smart recovery in the equity market improved the Indian currency to 40.3350/3450 against US dollars on Friday. The trade at the Interbank Foreign Exchange (Forex)...
made popular Aug 4 2007
The 21st century is the age of plastic money and people have been habituated of using debit cards in day-to-day life. The easy availability of debit cards by almost all...
made popular Aug 3 2007
If you are a credit or debit cardholder and do frequently withdraw money from ATMs, just beware from the next time. You may get counterfeit notes from ATMs owned by...
made popular Jun 28 2007
For the first time in last ten months, the rate of inflation has gone down below 5 percent in the month of May. According to the data showed today, the Inflation has...
made popular Jun 8 2007
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