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Indian stocks third best performers globally

Jan 02, 2013
After a dismal show a year ago, the Indian stock market emerged as the third best performer globally in 2012, with a return of ove...

Gokarn retires, Subbarao to handle monetary policy

Jan 02, 2013
The Reserve Bank of India (RBI) Tuesday said the monetary policy department will directly report to Governor D. Subbarao till furt...

India's foreign reserves down by nearly $93 mn

Dec 31, 2012
India's foreign exchange (forex) reserves went down by $92.8 million to $296.53 billion for the week ended Dec 21, data released b...

India's forex reserves down $471 million

Dec 10, 2012
India's foreign exchange (forex) reserves went down by $471.3 million to $294.50 billion for the week ended Nov 30, according to R...

Direct cash transfers to start in Bengal from March

Dec 07, 2012
The Direct Cash Transfer Scheme would be rolled out in six districts of West Bengal from March 1, the Reserve Bank of India (RBI) ...

Inflation expected to ease from January: RBI

Dec 07, 2012
The Reserve Bank of India (RBI) Thursday said the country's inflation is expected to come down from this fiscal's fourth quarter, ...

Service tax regime to boost cross-border transactions

Nov 20, 2012
India's new service tax regime, effective July 1, 2012 onward, will have a significant positive impact on cross-border transaction...

Inflation falls to 8 month low of 7.45 percent in October

Nov 15, 2012
India's inflation fell to an eight-month low of 7.45 percent in October, as compared to 7.81 percent in the previous month, owing ...

Inflation may rise in third quarter: RBI

Oct 31, 2012
The Reserve Bank of India (RBI) Tuesday revised upward its projection of inflation to 7.5 percent from its earlier estimate of 7 p...

RBI eases money supply to push growth

Oct 30, 2012
The Reserve Bank of India Tuesday cut a key policy rate by 25 basis points to release some Rs.175 billion into the system for comm...

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