Reserve Bank of India

Indian Money News

Casino marks 'disappointing' quarterFriday, July 30, 2010 @ 1:13AMAn increasingly competitive gaming environment put the crunch on profits last quarter at the Mohegan Sun casino and likely will reduce payments to tribal members in the next fiscal year, officials

Thomas faults business adviser in managing bank credit lineFriday, July 30, 2010 @ 1:13AMMichael Thomas, former chairman of the Mashantucket Pequot Tribal Council, testified Thursday in New London Superior Court that an unsecured $1 million line of credit grew to $5.2 million under the

Country musician makes trek for foster kidsFriday, July 30, 2010 @ 1:13AMCountry musician Jimmy Wayne walks from Nashville to Phoenix to raise awareness of homeless youngsters.

Fishermen leap to safetyFriday, July 30, 2010 @ 1:12AMROCKLEDGE — En route to Louisiana, a recently purchased shrimp boat went up in flames Thursday morning, sending its two occupants leaping into the Indian River as the vessel drifted to shore as a burned-out hulk.

Spy sold secrets to pay houseFriday, July 30, 2010 @ 1:12AMHONOLULU - A FEDERAL prosecutor said Thursday a former bomber engineer helped China design a stealth cruise missile to raise money to pay the US$15,000-a-month (S$20,400-a-month) mortgage on the mansion-like Hawaii home. Assistant US Attorney Ken Sorenson told a jury in closing arguments to a four-month-long trial that Noshir Gowadia wove a 'worldwide web of deception' to sell military secrets ...

Residents split on water taxis, law enforcement budgetFriday, July 30, 2010 @ 1:06AMResidents of The Woodlands are split on the 2011 budget initiative, which would allow for a 1-cent increase in the hotel occupancy tax to fund the water taxi program.

Indian American faces 20-year jail for embezzling 34 million dollars from companyFriday, July 30, 2010 @ 12:55AMBy Arun Kumar, Washington, July 30 : A former Indian-American executive, who 'engaged in irrational and excessive buying sprees', faces up to 20 years in jail after pleading guilty to embezzling 34 million dollars from stereo headphone manufacturer Koss Corporation where she worked as vice president, finance.

Chaudhry pleads not guilty in FijiFriday, July 30, 2010 @ 12:54AMFormer Fiji prime minister Mahendra Pal Chaudhry has pleaded not guilty to a dozen crimes relating to money laundering and tax evasion.

Obama Signs Bill Funding Surge In AfghanistanThursday, July 29, 2010 @ 7:45PMPresident Barack Obama on Thursday signed legislation to fund his troop surge in Afghanistan, even though it was stripped of money for domestic stimulus programs. Congress passed the bill on Tuesday and Obama signed it without public remarks in a low-key Oval Office session.