Reserve Bank of India - India Finance News

India Finance News

Direct Tax Code a significant reform? Saturday, September 4, 2010 @ 5:16AMThe first version of Direct Tax Code (DTC) which was released for public debate in August 2009 had raised great hopes. The Bill that has now been introduced in Parliament drowned most of them.
'US, Israel spying behind BlackBerry woe' Saturday, September 4, 2010 @ 1:32AMDubai police chief calls BlackBerry smartphone a spy tool, suspects US and Israel.
India, Ghana discuss ways to revive trade Saturday, September 4, 2010 @ 12:38AMNew Delhi, Sep 3 (PTI) With the trade between India and Ghana reducing to half to USD 500 million in 2009-10, the two nations today discussed ways to revive their commercial engagements giving boost to sectors like energy, IT and pharmaceuticals.
Assam Tourism calls on India Friday, September 3, 2010 @ 8:10PMMumbai, Sep 3 : The State of Assam is making an all out effort to rebrand its tourism image and promote it as a safe and adventurous tourist destination.
SEBI, MCA may clash over Companies Bill Friday, September 3, 2010 @ 8:07PMPotential areas of conflict include insider trading, independent directors and delisting of publicly-traded companies.
IMF's Financial Resources and Liquidity Position, 2008 – June 2010 Friday, September 3, 2010 @ 8:01PMNote: Details may not add due to rounding.
Shop for trucks at Shriram auto malls soon Friday, September 3, 2010 @ 7:23PMShop for trucks at Shriram auto malls soonShop for trucks at Shriram auto malls soon
Your gratuity may just get bankruptcy protection Friday, September 3, 2010 @ 7:22PMCos may be asked to create a separate fund for gratuity payments so that savings are not wiped out.
Founder’s son joins Bharti, fuels succession talk Friday, September 3, 2010 @ 7:14PMNEW DELHI: Bharti Airtel, India’s No1 mobile operator, appointed the son of its billionaire founder-chairman as a manager, raising speculation he was being groomed for a top position in the US$27bil company.
Have It Your Way, Brazil Friday, September 3, 2010 @ 6:33PMIt was not surprising to recently learn that Burger King was "in play," and only slightly more unexpected to see the troubled powerhouse sell to a private equity firm as early as Wednesday. Indeed, 3G Capital Management gobbled up the deal like it was the most delicious Whopper ever flame-broiled.
Sunil Mittal's son joins Bharti Airtel Thursday, September 2, 2010 @ 10:55PMNEW DELHI, INDIA: Bharti Airtel , India's top mobile operator, has appointed its founder-chairman's son as a manager at a unit that holds its African assets, the company said in a statement.
Bharti Airtel founder's son joins company Thursday, September 2, 2010 @ 9:34PMNEW DELHI, Sept 3 (Reuters) - Bharti Airtel , India's top mobile operator, has appointed its founder-chairman's son as a manager at a unit that holds its African assets, the company said in a statement.
Govt to release grains for poor, but not free Thursday, September 2, 2010 @ 7:46PMThe government on Thursday decided to release an additional 2.5 million tonnes of foodgrains to states for distribution among the poor, following a reprimand from the Supreme Court over rotting foodgrains despite hungry millions. Tracking hunger
Extra 2.5 million tonnes, not free, but at BPL prices Thursday, September 2, 2010 @ 6:38PMExtra 2.5 million tonnes, not free, but at BPL pricesExtra 2.5 million tonnes, not free, but at BPL prices
Mystery of one missing sign Thursday, September 2, 2010 @ 6:37PMNew Delhi, Sept. 2: When a stickler for detail like Prime Minister Manmohan Singh himself drops in to file your nomination, what possibly can go wrong?
Winter date for companies bill Thursday, September 2, 2010 @ 6:23PMCalcutta, Sept. 2: India will have a new companies act by the end of this fiscal, corporate affairs minister Salman Khursheed said today.
States to get 25 lakh tonnes more foodgrains at BPL rates Thursday, September 2, 2010 @ 12:47PMUnited News of India New Delhi, Sept 2: The Empowered Group of Ministers (EGoM) which met today to discuss the Supreme Court order for free distribution of foodgrains to the poor, decided to release more stocks of wheat and rice under the public distribution system and give states 25 lakh tonnes foodgrains at BPL rates.
SC rap: Govt to release foodgrains for poor, but not free Thursday, September 2, 2010 @ 11:31AMActing on the directive of the Supreme Court, government today decided to release an extra 2.5 million tonnes of foodgrains to states for distribution among the poor but it will not not be free. Tracking hunger
PDS hike under consideration: Ministerial panel Thursday, September 2, 2010 @ 11:20AMNew Delhi, Sep 2 : Agriculture Minister Sharad Pawar Thursday said the government is considering a hike in the quantity of foodgrains under the Public Distribution System along with an upgradation in the number of eligible Below Poverty Line (BPL) families.
Ford China and India August Sales Increase 37 Percent on Strong Demand for New Products Thursday, September 2, 2010 @ 11:12AM-
Govt to release rotting grains for poor, but not for free Thursday, September 2, 2010 @ 10:54AMGovt to release rotting grains for poor, but not for freeGovt to release rotting grains for poor, but not for free
SEC Charges New Jersey Investment Adviser in Multi-Million Dollar Offering Fraud Thursday, September 2, 2010 @ 10:31AMWashington, D.C. -- The Securities and Exchange Commission today charged a Branchburg, N.J.-based in...
Empowered Ministers to discuss apex court order on foodgrains Thursday, September 2, 2010 @ 3:46AMThe Empowered Group of Ministers (EGOM) on Food will meet here today to discuss ways of implementing the Supreme Court order to distribute foodgrain 'free' to the poor, instead of letting it rot.
Jammu and Kashmir SFC makes Rupees 21 crore profit during current fiscal year Thursday, September 2, 2010 @ 3:13AMSrinagar, Sep 2 : Jammu and Kashmir State Financial Corporation (SFC) has earned a profit of Rs 21 crore during the current financial year.
Origin part of geothermal consortium Thursday, September 2, 2010 @ 3:00AMEstimates Indonesian site could produce 200-300 MW. 2 Sep 2010 5:49 PM
Origin part of geothermal consortium Thursday, September 2, 2010 @ 2:57AM[AAP] - Origin Energy Ltd says a consortium it belongs to has won a geothermal exploration concession in Indonesia.Origin says it will hold a 47.5 per cent interest in the Sorik Marapi concession in northern Sumatra.Tata ...
World News Thursday, September 2, 2010 @ 2:18AMObama 'cautiously hopeful' as peace talks begins - Today, 08:29 - PA US president Barack Obama challenged Middle East leaders to seize a fleeting opportunity to deliver peace to a region haunted by decades of...
Empowered Ministers to discuss apex court order on foodgrains Thursday, September 2, 2010 @ 2:13AMNew Delhi, Sep 2 : The Empowered Group of Ministers (EGOM) on Food will meet here today to discuss ways of implementing the Supreme Court order to distribute foodgrain 'free' to the poor, instead of letting it rot.
Burger King Has Suitors From Brazil Thursday, September 2, 2010 @ 1:42AMBurgers and beer — an American meal if there ever was one — could soon have a distinctly Brazilian flavor, Peter Lattman and Andrew Ross Sorkin report in The New York Times.
Pakistan Floods Threaten ‘Massive’ Job Losses, Inflation Spike Wednesday, September 1, 2010 @ 10:42PMPakistan’s unprecedented floods threaten to hobble the economy with a surge in unemployment, a spike in inflation and billions of dollars in crippled infrastructure, the country’s prime minister said.
Defiant Saskatchewan refuses to bend on clinical trials for MS treatment Wednesday, September 1, 2010 @ 9:41PMMS Society joins Ottawa in criticizing decision to forge ahead
Terror suspect wants secret evidence against him revealed Wednesday, September 1, 2010 @ 9:41PMDisclosure rules could mean delay in trial because spy agencies are reluctant to testify
Inside City Hall: Council teleconferencing, revenue shortfall, pension reform Wednesday, September 1, 2010 @ 9:36PMOn Tuesday afternoon, 2nd District City Councilwoman Suja Lowenthal joined in discussions at the Budget Oversight Committee and cast her votes as usual.
Burger King Said to Be in Talks With Brazilian Group Wednesday, September 1, 2010 @ 8:50PMBurger King Holdings is in advanced talks to sell itself to 3G Capital, a Brazilian investment firm.
Providence mayoral candidates all support the arts Wednesday, September 1, 2010 @ 8:47PMProposals range from a permanent advisory council to boosting economic base
66% of iseemedia Shares Tendered to Synchronica Take-Over Bid. Synchronica Waives Principal Conditions to Acquire ... Wednesday, September 1, 2010 @ 7:13AMiseemedia Inc. and Synchronica plc announced today that 66% of the iseemedia shares have been tendered to Synchronica's take-over bid for all the issued shares of iseemedia . Synchronica has extended the Offer until 5:00 p.m. on September 14, 2010 and has committed to take up and pay for all iseemedia shares tendered by that date.
Fitch Ratings worries about Thailand's public finances Wednesday, September 1, 2010 @ 6:42AMFitch Ratings warned Wednesday.Thailand's gross domestic product (GDP) grew more than 10 per cent in the first half of the year despite two months of
RP’s SME businesses most bullish in Asia-Pacific region Wednesday, September 1, 2010 @ 6:41AMMost small and medium enterprises in the Philippines are upbeat on domestic business prospects, resulting in a potential expansion in capital spending Related posts: Finance Asia cites top Philippine financial institutions Finance Asia, a prestigious finance and business publication in Asia... HSBC Bank forecasts 5.1% RP growth this year One of the world's biggest banks HSBC is projecting the ...
Heinz Reports Strong First-Quarter Results with a Double-Digit Increase in EPS to $0.75, Reaffirms Full Year Fiscal ... Wednesday, September 1, 2010 @ 6:30AMPITTSBURGH----H.J. Heinz Company :
Indian carmaker Maruti Suzuki posts record sales Wednesday, September 1, 2010 @ 5:38AMMUMBAI : India's top carmaker Maruti Suzuki and bicycle maker TVS Motor posted record sales in August, industry figures showed Wednesday, helped by strong consumer demand and cheap finance.
Australia, Asia economies stronger than US Wednesday, September 1, 2010 @ 5:38AMAustralians have been basking in one of the world's best performing developed economies for the past year - but the latest official figures show even the optimists were too cautious about the outlook.
Reliance Life gets nod for 2 ULIP products Wednesday, September 1, 2010 @ 5:29AMNEW DELHI: Anil Ambani Group company Reliance Life Insurance today said it has received the insurance regulator IRDA’s approval for two equity-linked insurance products (ULIPs), which comply with the new guidelines.
How CWG can drive up taxes, property prices! Wednesday, September 1, 2010 @ 5:02AMSeveral nations have in the past borne the brunt of mounting debt arising from organising mega events like the Olympics.
Fitch Ratings worries about Thailand's public finances Wednesday, September 1, 2010 @ 4:13AMBangkok - Thailand's economic performance in the first half of 2010 proved better than expected, but the county's ability to withstand future shocks depends on stable politics, Fitch Ratings warned Wednesday.
INTERVIEW-UPDATE 1-NKSJ says could spend more on acquisitions Wednesday, September 1, 2010 @ 2:56AMINTERVIEW-UPDATE 1-NKSJ says could spend more on acquisitions
Egypt: Promising measures for the market Wednesday, September 1, 2010 @ 2:39AMEgypt: Promising measures for the market
INTERVIEW-Japan's NKSJ says could spend more on acquisitions Wednesday, September 1, 2010 @ 2:26AMINTERVIEW-Japan's NKSJ says could spend more on acquisitions
Market Chatter -- Corporate finance press digest Wednesday, September 1, 2010 @ 2:25AM(Adds TUI AG, Mobistar and deals of the day)
HDFC raises home loan rates by 50 bps Wednesday, September 1, 2010 @ 2:19AMHousing Development Finance Corporation, India's largest mortgage financier, today increased its retail prime lending rate by 50 basis points to 14.25 per cent. This is the first time HDFC is increasing its PLR in two years.
The poor will always be here ... but some aid will help Wednesday, September 1, 2010 @ 2:12AMThe poor will always be with us, but that does not mean we can do nothing about it and, indeed, the Maltese people are renowned for their generosity.