Reserve Bank of India

Central Bank News

Girl, 6, immortalized in blogTuesday, September 7, 2010 @ 5:39PMAva Hunter's battle with brain cancer was captured in online videos in her father's memorial The Apostle James scribbled a truth thousands of years ago that the Hunter family is painfully familiar with: Life, he said, is like a vapor that appears for a little time and then vanishes.

Pak’s paupers missing out on game’s richesTuesday, September 7, 2010 @ 5:33PMFor millions of dirt-poor Pakistani boys, a professional cricket career is an escape route into a world of glamour, celebrity and untold riches.

Greek Deals Hidden From EU Probed as 400% Yield Gap Shows DoubtTuesday, September 7, 2010 @ 5:30PMFour months after the 110 billion- euro ($140 billion) bailout for Greece, the nation still hasn’t disclosed the full details of secret financial transactions it used to conceal debt.

South Africa's Interest Rate Cut May Not Satisfy Demands for Weaker RandTuesday, September 7, 2010 @ 5:27PMSouth Africa’s central bank will probably cut its key interest rate tomorrow after the inflation rate slid to a four-year low. That’s unlikely to satisfy demands from labor unions and exporters for action to weaken the rand.

Shutdown strikes wrong chordTuesday, September 7, 2010 @ 5:22PMSchoolboy Zaid Hossain, 11, was officially “exempt” from Tuesday’s bandh but he spent the whole day sulking in his Salt Lake home about not being able to go out shopping for his Id clothes.

Ben Bernanke's Big Bazooka Factory Of Fed PolicyTuesday, September 7, 2010 @ 5:21PMThe pundits claim that the Fed is out of bullets, but Chairman Bernanke has an ordnance factory capa

Tighter capital rulesTuesday, September 7, 2010 @ 5:20PMLondon, Sept. 7 (Reuters) : Global regulators meeting today look set to finalise tougher bank capital rules roughly in line with expectations, but the package may take effect sooner than anticipated, raising investor concerns over dividends.

Looted treasures returned to IraqTuesday, September 7, 2010 @ 5:19PMBAGHDAD_Gold earrings made for an Assyrian queen, a sacred 4,000-year-old statue, and 540 other looted pieces of Iraq's ancient history were formally returned to Iraq on Monday in what was billed as a triumph of justice and international cooperation.

Fed Purchases $2.708 Billion of U.S. Treasuries in Reinvestment ProgramTuesday, September 7, 2010 @ 11:05AMThe Federal Reserve bought $2.708 billion of Treasuries as part of a program to reinvest principal payments on its mortgage holdings to prevent money from being drained out of the financial system.