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RBI governor meets FM ahead of monetary policy review

NI Wire,    Tue, 3 Apr 2012
D. Subbarao, Governor, Reserve Bank of India (RBI) Tuesday met Finance Minister (FM) Pranab Mukherjee to discuss the macro-economic situation, two weeks ahead of the monetary policy review......

Petroleum Minister denies to comment on Petrol price hike

NI Wire,    Tue, 3 Apr 2012
Amid the speculation of massive hike in petrol prices, as Oil Marketing Companies (OMCs) are bearing losses of Rs.7.67 on Petrol, Union Petroleum and Natural Gas Minister S. Jaipal Reddy........

Banks restructure Rs.18,000-crore loan plan for Air India

NI Wire,    Sun, 1 Apr 2012
Following the government's direction and in the move of reforming the worsening financial condition of public sector aviation company Air India, a consortium of 19 banks, led by State Bank of India.......

Union Budget and Rail Budget for 2012-13 begins from today

NI Wire,    Sun, 1 Apr 2012
The Union Budget and Indian Railway Budget for financial year (FY) 2012-13 has been implemented since Sunday Midnight, as President Pratibha Devi Singh Patil on Sunday midnight signed on it.......

Globalisation is a double-edged sword for India, says RBI governor

NI Wire,    Sat, 31 Mar 2012
The increasing alliance of India with the global economy is a big challenge as well as opportunity for the country as globalization is a double-edged sword, said D. Subbarao, Governer, Reserve Bank of India (RBI) on Friday while addressing the...

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