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).
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.
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
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
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
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.
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.
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
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
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
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
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