|
|
|
European Market Update : USD continues to be vulnerable following FOMC minutes and rising risk appetite; India's central bank reportedly mulling another purchase of 200 metric tons of gold purchases from IMF ECONOMIC DATA -...
Wednesday, November 25, 2009 (New Delhi) Agro-chemical and pharma company Astec Lifesciences will list its equity shares on the stock exchanges today, 25 November 2009. Television broadcaster Sun TV Network plans to raise...
Commodity news Positive sentiment in commodities this morning following dollar weakening with EUR/USD trading above USD1.50; equities gain in European trading. Nigerian Petroleum minister, Lukman, said yesterday that “global...
The Financial Action Task Force (FATF), the global intergovernmental body that frames policy to combat money laundering and terrorist finance, will shortly begin its first fullfledged review of the Indian policy framework. This...
According to the reports of Central Bureau of Investigation, accounting scam at Satyam Computer Services is about Rs.14,000 crore, while B Ramalinga raju had mentioned that the scam was about Rs.7,800 crore. The federal agency...
The Reserve bank of India has extended the deadline for banks to meet the provisioning requirements for bad loans. The deadline has been extended by six months.According to a senior RBI official this would help the banks...
By James Fontanella-Khan in Mumbai and James Lamont in New Delhi Indian banks need to strengthen their capital base to meet the needs of the fast-growing domestic economy, Duvvuri Subbarao, the governor of the Reserve Bank of...
Subir Gokarn, who took over as the Reserve Bank of India [ Get Quote ] Deputy Governor on Wednesday, said economic recovery, which was still in its early days, was sluggish and not broad based. "It's a recovery but hardly a...
India is open to buying more gold from the International Monetary Fund following its purchase of 200 tonnes earlier this month, the media report said on Wednesday, helping to drive gold prices to an all-time high.
MUMBAI: A deputy governor of the Reserve Bank of India said on Wednesday that the time has not come yet for consolidation of banks. "Time for consolidation has not come, we have a problem that there are few dominant players,"...
