Everything you need to know about Reserve Bank Building: news, reviews, in-depth analysis, opinion and more
Everything you need to know about Reserve Bank Building: news, reviews, in-depth analysis, opinion and more
Kolkata, May 18 (IANS) Public sector lender State Bank of India (SBI) chairman Pratip Chaudhuri Saturday said the lender's margins in overseas business were under pressure.
Chandigarh, May 18 (IANS) What was supposed to be a bumper crop with a record target for wheat procurement has turned out to be a dampener with much lower quantities of wheat arriving in grain markets across Punjab and Haryana - the country's breadbasket.
Mumbai, May 18 (IANS) Key indices of Indian equities markets rallied for the fifth week in a row, with the benchmark Sensex gaining 164 points in the weekly trade as a sharp drop in inflation boosted hopes of an early rate cut by the Reserve Bank of India.
Kolkata, May 18 (IANS) Pratip Chaudhuri, chairman of the country's largest lender, State Bank of India (SBI), said Saturday that the RBI and SEBI should start public awareness campaigns for depositors on the risk of investing in shady companies.
Moscow, May 18 (IANS/RIA Novosti) In a bid to track its wildlife and hunt down poachers, Russia is all set to test unmanned aerial vehicles (UAVs) at a nature reserve on the country's Pacific coast this summer.
Bangalore, May 17 (IANS) Leading Turkish private bank Turkland Bank has deployed Finacle software product of Indian IT bellwether Infosys for its core banking, customer relationship management and treasury operations.
New Delhi, May 17 (IANS) India and China will be the biggest investors by 2030, accounting for 38 percent of the global gross investment and almost half of all the world manufacturing investment, says the World Bank.
Tokyo, May 17 (IANS/EFE) Japan grew at a 3.5 percent clip in the first quarter relative to the same period last year, as Prime Minister Shinzo Abe's ambitious program to combat deflation and revitalize the world's third-biggest economy began to yield results.
Washington, May 17 (IANS/EFE) The US consumer price index dropped 0.4 percent in April, bring the 12-month inflation rate down to 1.1 percent, the Bureau of Labor Statistics said Thursday.
New Delhi, May 16 (IANS) The Supreme Court Thursday said that the registrar or the joint registrar of co-operative societies should resist political pressures and if they choose to succumb to it then they would be personally liable to bear the cost of litigation that would arise out of their decisions inspired by extraneous considerations.
Kolkata, May 16 (IANS) India's taking measures to curb gold imports on the back of high current account deficit may impact its bilateral trade with South Africa which is a major exporter of the yellow metal, a South African diplomat said Thursday.
Mumbai, May 16 (IANS) A benchmark index of the Indian equities markets closed flat Thursday, as losses in consumer durables and auto stocks offset gains in realty, healthcare, oil and gas and banking scrips.
London, May 16 (ANI): Walmart has planned to conduct safety investigations at its Bangladesh factories by its own and not join accord with other retailers.
Washington, May 16 (ANI): Scientists have demonstrated for the first time that female mosquitoes infected with malaria parasites are significantly more attracted to human odour than uninfected mosquitoes.
Washington, May 16 (IANS) US industrial production, an indicator of the output of mines, factories and utilities, dropped 0.5 percent in April, US Federal Reserve reported.
Sydney, May 16 (ANI): Cricket Australia (CA) CEO James Sutherland has backed that infamous 'homework' debacle in India, saying that there were lots of lessons for people involved, who will be better for having gone through it.
Mumbai, May 16 (ANI): The Reserve Bank of India (RBI) will launch inflation-linked bonds every month to attract household savings of up to Rs.15,000 crore in fiscal 2013-14, so as to discourage investments in gold.
Melbourne, May 15 (IANS) Cricket Australia (CA) and the Commonwealth Bank Wednesday announced a renewal of their long-standing partnership with Commonwealth Bank set to become the Test team and Test series partner for the next four Australian seasons beginning with this summer's Ashes in Australia.
Mumbai, May 15 (IANS) The Reserve Bank of India (RBI) will issue inflation-linked bonds of Rs.12,000 crore to Rs.15,000 crore in the current financial year to protect the savings of the poor and middle classes from the general price rise and help curb gold imports.
Mumbai, May 15 (IANS) A benchmark index of the Indian equities markets surged nearly 500 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.
Mark Twain once said that a gold miner is a liar standing next to a hole dug up in the ground. The time has come for financial market participants to stop looking at the world through the prism of a goldbug.
Chennai, May 15 (IANS) Patterns Software Design Institute plans to tie up with software product developers and engineering colleges to train their executives and students in software design architecture, an official said.
Mumbai, May 15 (IANS) A benchmark index of the Indian equities markets surged more than 400 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.
Kolkata, May 14 (IANS) Public sector United Bank of India is planning to opt for a qualified institutional placement (QIP) for raising about Rs.1,000 crore capital, a top official of the bank said Tuesday.
Kolkata, May 14 (IANS) Public sector lender United Bank of India Tuesday reported a 79 percent dip in its net profit to Rs.31.18 crore for the quarter ended March 31, 2013, from Rs 149.29 crore for the same period in the previous year.
Bangalore, May 14 (IANS) Union Finance Minister P. Chidambaram Tuesday met top bank executives and leading industrialists here on speeding up execution of infrastructure projects by addressing procedural and structural issues.
Agartala, May 14 (IANS) Despite the Reserve Bank of India asking nationalised banks to improve their credit flows to the industry-starved northeast, the credit-deposit ratio in the region has remained static during the past many years, Tripura Finance Minister Badal Chaudhury said here Tuesday.
New Delhi, May 14 (IANS) India's headline inflation fell below five percent in April, the lowest since November 2009 as prices of vegetables, milk, eggs, meat and fish eased, government data showed Tuesday.
The Japan International Cooperative Agency (JICA) has offered the Uttar Pradesh government for a financial assistance for many upcoming projects in the state including Metro rail project and the Agra-Lucknow expressway, officials said Tuesday.
Lucknow, May 14 (IANS) The Japan International Cooperative Agency (JICA) has offered the Uttar Pradesh government financial assistance for the Metro rail project and a host of other projects, including the Agra-Lucknow expressway, officials said Tuesday.
New Delhi, May 13 (IANS) Jewellers across the country registered high sales this Akshay Tritiya Monday as customers emptied their wallets to buy the yellow metal that fell 1.2 percent in international market, holding near its weakest level in two weeks.
New Delhi, May 13 (IANS) Bank of Baroda's net profit for the quarter ending March 31 dipped to 32.21 percent, the public sector bank told the Bombay Stock Exchange.
New Delhi, May 13 (ANI): Despite the Reserve Bank of India (RBI) ordering banks to clear all dues of armed forces pensioners, the former is yet to hand over these amounts.
London, May 12 (IANS) Women in their late twenties can rejoice as a report suggests that your hair would look best as you reach 29 years of age.
Los Angeles, May 12 (IANS) Isha Isla Fisher panicked when an underwater stunt shot for her upcoming film "Now You See Me" went wrong.
London, May 12 (ANI): The Bank of England is facing a threat of court action for failing to adhere to equality laws following its decision to replace the only historical female figure on English banknotes with a man.
Accra, May 12 (IANS) The Indian government, through the Exim Bank of India, is assisting several African countries in building their physical and social infrastructure that is worth an estimated $260 million.
Kolkata, May 11 (IANS) Police have unearthed property worth Rs.750 crore so far by quizzing chit fund-aided Saradha Group's arrested promoter Sudipa Sen and his top aides, an official said Saturday. Six motorcycles with red beacons and hooters allegedly used by company's officials to carry cash was also seized.
Kolkata, May 11 (IANS) Police have unearthed property worth Rs.750 crore so far by quizzing chit fund-aided Saradha Group's arrested promoter Sudipa Sen and his top aides, an official said Saturday. Six motorcycles with red beacons and hooters allegedly used by company's officials to carry cash was also seized.
Mumbai, May 11 (IANS) India's foreign exchange (forex) reserves decreased by $2.06 billion to $294.30 billion for the week ended May 3, according to data released by the central bank.
New York, May 11 (ANI): France is the world's most popular tourist destination, according to a new survey.
New York, May 10 (IANS) An international gang of cyber thieves, accused of stealing $45 million from banks around the globe in "a massive 21st-century bank heist", infiltrated an unnamed Indian card-processing company in one of their operations, according to a media report.
London, May 10 (ANI): Gwyneth Paltrow has angered her neighbours in Los Angeles after allegedly erecting a towering gate at the entrance of their mansion.
Managua, May 10 (IANS/EFE) UNESCO director-general Irina Bokova inspected two of the three biosphere reserves in Nicaragua to get a firsthand look at their condition, first lady Rosario Murillo said.
Mexico City, May 10 (IANS/EFE) The Mexican government proposed a bank reform package aimed at spurring lending and promoting economic growth.
Washington, May 10 (ANI): Researchers from Brown and Case Western Reserve universities and Carnegie Institution of Washington have found that the water found on the moon, like that on Earth, came from small meteorites called carbonaceous chondrites in the first 100 million years or so after the solar system formed.
New Delhi, May 9 (IANS) Punjab National Bank's net profit dropped 20.6 percent during the fourth quarter (January to March) of fiscal 2012-13.
Srinagar, May 9 (IANS) The Reserve Bank of India (RBI) has completed investigations against banks after the expose by web portal Cobrapost for violating prudential banking norms and will take action if they are found guilty, Governor D. Subbarao said here Thursday.
Chennai, May 9 (IANS) Government-owned Indian Bank closed last fiscal with a Rs.166 crore fall in its net profit owing to higher provisioning for bad debts and other accounts despite the total income going up by Rs.1,717 crore.
New Delhi, May 9 (IANS) Public sector Union Bank posted a 2.07 percent rise in net profit to Rs.789 crore for the last quarter (January-March) of the 2012-13 financial year from Rs.773 crore clocked during the corresponding period in 2011-12.
Los Angeles, May 9 (IANS) Peter Robbins, who used to lend his voice to Charlie Brown, was sentenced to jail for stalking his ex-girlfriend and her plastic surgeon.
London, May 9 (ANI): Astronomers have discovered a never-before-seen cluster of hydrogen clouds strewn between two nearby galaxies, Andromeda (M31) and Triangulum (M33).
Beijing, May 9 (IANS) China's producer price index (PPI), a barometer of future consumer inflation, fell 2.6 percent year on year in April, the National Bureau of Statistics said Thursday.
New Delhi, May 9 (ANI): The foreign exchange earnings from tourism increased by 7.5 per cent in April as compared to the same period last year, even though there was no change in the number of foreign tourists.
Washington, May 8 (IANS) The California-based subsidiary of State Bank of India (SBI) has agreed to take a series of steps to improve its banking practices related to bad loans following a review by US regulators.
Ranchi, May 8 (IANS) Four Indian Reserve Battalion (IRB) policemen were killed Wednesday in Jharkhand when their vehicle collided with a truck, police said.
Jerusalem, May 8 (Xinhua-ANI): The Israeli army arrested 16 Palestinians in the West Bank overnight Tuesday for their alleged involvement in security-related offenses.
Hyderabad, May 8 (IANS) State Bank of Hyderabad (SBH) Wednesday said it is not considering merger with the State Bank of India (SBI) and that it will continue as an independent bank.
Washington, May 8 (IANS) US consumer credit increased at an annual rate of 3.4 percent in March, less than half of the 8 percent pace in the previous month, the US Federal Reserve reported.
Los Angeles, May 8 (IANS) Actress Carey Mulligan says no one recognises her at public places, but her husband Marcus Mumford receives attention from fans.
Moscow, May 8 (IANS/RIA Novosti) Russia will take a $40 million loan from the World Bank to prevent forest fires and promote sustainable forest management, a government resolution said Tuesday.
Kolkata, May 7 (IANS) Public sector lender UCO Bank Tuesday registered 80.40 percent slide in its net profit to Rs.59.55 crore for the quarter ended March 31, 2013 from Rs.252.84 crore during the same period in the previous year.
Beijing, May 7 (IANS) China Tuesday reiterated its call for necessary conditions for resuming peace talks between Palestine and Israel, reported Xinhua.
New Delhi, May 7 (IANS) The government Tuesday said public sector banks and insurance companies have suspended at least 15 officers and employees on money laundering allegations as exposed in a sting operation by an investigative website Cobrapost.
New Delhi, May 7 (ANI): The Finance Ministry has asked public sector banks and the Life Insurance Corporation (LIC) to take immediate action against employees who "appear to be advising" customers on ways to violate regulatory norms, including the Know Your Customer (KYC)norm.
Sydney, May 7 (ANI): Google's Wharf 7 office in Sydney has stated that their building control system, which monitors the building's mechanical and electrical equipment, has been hacked by two IT security researchers.
Bangalore, May 6 (IANS) South Indian Bank Ltd, a leading Kerala-based private sector bank, reported net profit of Rs.502 crore for 2012-13, posting 25 percent year-on-year (YoY) growth over previous fiscal at Rs.402 crore.
New Delhi, May 6 (ANI): The government has asked the Chairman-cum-Managing Directors (CMDs) of Public Sector Banks (PSBs) and LIC to initiate immediate action against those exposed by Cobrapost, Red Spider 2 Expose.
New Delhi, May 6 (IANS) The government Monday asked top financial institutions, including State Bank of India, Punjab National Bank and the Life Insurance Corporation, to probe into the allegations of money laundering as exposed in a sting operation by an investigative website Cobrapost.
New Delhi, May 6 (IANS) An investigative website Cobrapost Monday alleged that at least 23 top public and private banks and insurance companies have been doing large-scale money laundering. Several of the firms named denied the allegation.
New Delhi, May 6 (ANI): An online magazine 'Cobrapost' has accused the State Bank of India (SBI), the Life Insurance Corporation of India (LIC) and various other banks and private insurers of indulging in money laundering.
New Delhi, May 6 (ANI): Kazakhstan's Minister for Economy and Budget Planning, Yerbolat Dossayev, has said that his country is looking forward to hosting the 47th meeting of the Board of Governors of the Asian Development Bank (ADB) in Astana in the first week of May 2014.
Tokyo, May 5 (IANS/RIA Novosti) Japan and India will continue talks on a bilateral agreement for civilian nuclear energy cooperation, Japanese finance ministry officials said.
Greater Noida, May 4 (IANS) The Asian Development Bank (ADB) lending is expected to decline by around 20 percent in the coming years, hitting the financial support to countries like India, as the multilateral agency is financial constrained, Finance Minister P. Chidambaram said Saturday.
Beijing, May 4 (Xinhua-ANI): U.S. stocks continued to rally on Friday, with the S and P 500 closing above the 1,600 milestone level and the Dow hitting 15,000 points for the first time in history, boosted by optimistic U.S. nonfarm payrolls report in April.
Ramallah, May 3 (IANS) Palestinian President Mahmoud Abbas Friday said he will let the Chinese leaders know the barriers currently rooted in Palestinians' talks with Israel, as he expects Beijing's contribution to the stalled peace process, reported Xinhua.
Kolkata, May 3 (IANS) The Central Bureau of Investigation (CBI) Friday expressed its willingness to probe the Saradha Group chit fund scam if directed by the Calcutta High Court.
Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) Friday said it will tighten regulations for overseas purchase of gold by banks and restrict loan facilities to curb the import of the yellow metal.
Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) Friday cut key policy rates by a quarter percent for the third time since January, a move that will help revive economic growth and make auto, housing and other loans cheaper.
New Delhi/Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) in its annual monetary policy for the 2013-14 financial year, announced Friday, cut its key policy interest rate by 0.25 percent.
London, May 3 (ANI): Liam Gallagher has said that he would quit music if his band's new album doesn't turn out to be a hit.
Washington, May 3 (ANI): Gwyneth Paltrow is keen to host her own talk show.
The Reserve Bank of India (RBI), India's master Friday cuts key rates by 25 basis points (bps) making long-term loans cheaper....................
Mumbai, May 3 (ANI): The Reserve Bank of India (RBI) on Friday reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points, from 7.5 per cent to 7.25 per cent with immediate effect.
Mexico City, May 3 (IANS/EFE) Remittances sent by Mexicans living abroad fell 14.7 percent to $1.78 billion in March, compared to the same month in 2012, the Bank of Mexico said Thursday.
Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) Friday cut key policy rates by 0.25 percent, a move that will make auto, housing and other loans cheaper and help accelerate economic growth.
Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) Friday cut a key policy rate by 0.25 percent. This will make auto, housing and other loans cheaper and help accelerate economic growth.
Washington, May 3 (ANI): A number of new cancer drugs are targeting a common cancer pathway that causes tumor growth with promising results.
Mumbai, May 3 (IANS) The Reserve Bank of India (RBI) Friday cut the key policy rate by 0.25 percent, making auto, housing and other loans cheaper.
Bratislava, May 3 (IANS/EFE) The European Central Bank Thursday cut its benchmark interest rate to a record low of 0.50 percent in an effort to boost economic growth in the Eurozone.
New York, May 3 (IANS) Actor Leonardo DiCaprio is happy with his current life, and says he does not wish to repeat anything from the past.
Ramallah, May 2 (IANS) Palestinian President Mahmoud Abbas expects that the US would exercise pressure on Israel to accept resuming peace talks on the basis of a two-state solution, a Palestinian official said Thursday, reported Xinhua.
Mumbai, May 2 (IANS) Dashing expectations of an interest rate cut that have risen because of the recent softening in inflation, as well as decline in crude and gold prices, the Reserve Bank of India Thursday said there is "very limited" space for that in fiscal 2013-14 because of multiple global and domestic risks, notably inflation.
Shimla, May 2 (IANS) After the resounding success of the World Bank-aided Mid Himalaya Watershed Development Project in Himachal Pradesh, the state Thursday sought its extension in other rural areas.
Greater Noida, May 2 (IANS) The Asian Development Bank (ADB) is finding it difficult to maintain the current level of lending due to poor capital base and might cut financial support to countries like India, ADB President Takehiko Nakao said Thursday.
Washington, May 2 (ANI): Digital cameras with designs that mimic those of ocular systems found in dragonflies, bees, praying mantises and other insects have been created.
Delhi government has launched an ambitious Delhi Swavlamban Scheme to provide pension to the workers after their retirement. The Scheme was announced by the Chief Minister in her budget speech. It conveys government?s concern about the old age of workers as it recognizes the critical role played by the workers in the un-organized and informal sector to make the lives of other comfortable and leisurely.
Sydney, May 2 (ANI): Cricket Australia (CA) is poised to announce a new mega deal, estimated to be worth almost 50 million dollars over four years, with Commonwealth Bank of Australia, which will make the bank CA's primary sponsor.
Moscow, May 2 (IANS/RIA Novosti) Three nuclear submarines of the Russian Navy currently under maintenance will be recommissioned by 2014, a Navy spokesperson said.
Jerusalem, May 1 (IANS) Israel needs to strike a peace deal with the Palestinians in order to prevent the Jewish nation from becoming a "bi-national state", Prime Minister Benjamin Netanyahu said Wednesday.
