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TRAI cautions Axis HDFC ICCI and other banks against unregistered telemarketers

NI Wire,    Tue, 24 Sep 2013
Telecom Regulatory Authority of India (TRAI) has cautioned banks against use of unregistered telemarketers for promoting their business.

The increase in the repo rate by 25 basis points is a surprise: Naina Kidwai

NI Wire,    Sat, 21 Sep 2013
Reacting to the monetary policy review, Ms. Naina Lal Kidwai, President, FICCI said “The increase in the repo rate by 25 basis points has come as a surprise to us. The RBI has admitted that industrial activity continues to remain sluggish and even consumption demand is now starting to weaken in the economy

Rajan remedy to support battered Rupee, hikes repo rate by 0.25 per cent

NI Wire,    Fri, 20 Sep 2013
Indicating some solid step and surprising move, the Reserve Bank of India (RBI) has hiked its key policy interest rate by 0.25 percent but cut some of the measures it had announced to support the battered rupee.

Rajan remedy to support battered Rupee, hikes repo rate by 0.25 per cent

NI Wire,    Fri, 20 Sep 2013
Indicating some solid step and surprising move, the Reserve Bank of India (RBI) has hiked its key policy interest rate by 0.25 percent but cut some of the measures it had announced to support the battered rupee.

To reform package, IMF chief Lagarde urges US

NI Wire,    Fri, 20 Sep 2013
To overcome political differences for speeding up its approval process of the agreed IMF governance and quota reforms, The International Monetary Fund (IMF) Managing Director Christine Lagarde has called on the US.

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