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10 October 2008 year (time zone GMT 00:00)  Number of sources in English: 4955
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RBI seeks investment data from MFs

10.10.2008 22:05    rediff.com
Faced with a tight monetary situation, the Reserve Bank of India (RBI) has sought data from the mutual funds on their debt investments. These include investments in certificate of deposits (CDs), pass-through certificates (PTCs) and commercial papers (CPs).


Global finance crisis: A five point solution

10.10.2008 22:03    rediff.com
There is a way out of our shared predicament. The trick is to get policymakers around the world to pull in the same direction, says Dominique Strauss-Kahn.

Rediff wins domain name dispute

10.10.2008 22:03    rediff.com
The WIPO's Arbitration and Mediation Centre transferred the domain name 'Rediffmobile.com' registered by a nondescript Vancouver company to Rediff.com India Ltd. The panel which went into the complaints of rediff.com held that the Canadian company has 'no rights or legitimate

Rail passengers can now carry any one proof of identification

10.10.2008 22:03    rediff.com
In an effort to popularise e-ticketing among passengers, the Railways has decided to dispense with the existing provision of specifying the type of proof of identification to be carried at the time of booking. A passenger can now use voter


Lehman attorneys will mint money

10.10.2008 22:03    rediff.com
According to court documents, law firm Weil, Gotshal & Manges is seeking up to $ 950 an hour to represent Lehman while restructuring specialist Alvarez & Marsal is requesting hourly billing rates of up to $ 850. Quoting Daniel J

PM commissions Baglihar power project

10.10.2008 22:03    rediff.com
Prime Minister Manmohan Singh on Friday dedicated to the nation the 450-MW Baglihar hydro electric power project built on river Chenab in Ramban district of Jammu and Kashmir.

Global crisis: Chidambaram calls off US visit

10.10.2008 22:03    rediff.com
Finance Minister P Chidambaram on Friday cancelled his visit to Washington for attending the Fall meeting of the World Bank and IMF on Monday.

Gold hits an all-time high of Rs 14,320

10.10.2008 22:03    rediff.com
In India, gold breached all previous records to hit the high of Rs 14,320 per 10 gm taking consumers and stockiest out of the trading floors.

Now, Nano faces farmers' roadblock in Gujarat

10.10.2008 22:03    rediff.com
The land acquisition row seems to chasing the Tata's Nano car project even out of Singur as farmers of villages near Sanand, the project's new address, have staked claim on the plot.

Jet opens luxury lounge room at Newark Airport

10.10.2008 22:03    rediff.com
The lounge room (previously occupied by Silver Jet, which recently went bankrupt) will be shared by Jet Airways and the French airline, L'Avion.

Rupees 19 Lakh missing from SBI cashier's cabin

10.10.2008 20:22    rupeetimes.com
State Bank of India's Marathahalli branch lost Rs 19 lakhs due to server problem that was faced across the nation. A box containing a sum of Rs 19 lakhs went missing from the cashier's cabin and left the city police

Crisil puts Citi's debt instruments under watch

10.10.2008 20:22    rupeetimes.com
Rating agency Crisil has placed long term debt instruments of a host of Citibank arms on 'ratings watch with negative implications.'A statement from Crisil said, "The long-term ratings have been placed on watch following continued pressure on Citigroup Inc's performance

SBI to finally provide general insurance

10.10.2008 20:22    rupeetimes.com
The largest lender, State Bank of India, is all set to undertake the general insurance sector. The bank is going to finalize its terms of joint venture with Insurance Australia Group (IAG) by the next few weeks.SBI's Chairman O P

Banks credit growth improves regardless of challenging environment

10.10.2008 20:22    rupeetimes.com
Though the economy is facing two-digit inflation, tight liquidity and high interest rates, banks' loan growth has not been affected by the challenges. There are more loan takers now as compared to last year, when the rates were relatively low.The

MoU signed between Tamil Nadu government and RBI

10.10.2008 20:22    rupeetimes.com
The Government of Tamil Nadu and the Reserve Bank of India have inked a memorandum of association with regard to Urban Co-operative banks (UCBs) in the state.According to a press release F R Joseph, RBI Regional Director for Tamil Nadu

Qatar sees no need to cut rates - central bank

10.10.2008 20:20    arabianbusiness.com
Official says Qatar not facing problems seen elsewhere from credit crunch.
Qatar sees no need to cut rates - central bank

Economy and markets 'sound' - Sheikh Mohammed

10.10.2008 20:17    arabianbusiness.com
PM says UAE able to weather global economic slowdown, not hit by credit crunch.
Economy and markets 'sound' - Sheikh Mohammed

Dubai denies problems refinancing debt

10.10.2008 20:17    arabianbusiness.com
Refinancing more costly, but gov't has funds to meet repayments - official.
Dubai denies problems refinancing debt

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