Category: Business

PM Manmohan Singh leaves for Durban to attend BRICS Summit 2013

The latest political news state that the Prime Minister Manmohan Singh leaves for Durban to attend the 15th BRICS Summit 2013 over the next two days with the leaders of Brazil, Russia, China and South Africa. Read more

Diesel Bomb: Price hikes again by 45p/litre

Yet forthcoming burden of diesel price hike lead to the biggest tension for the public. Now once again Indian oil corporations increased diesel retail prices by 45 paise a litre. Read more

Money laundering: RBI downplays, clean chit to ICICI, HDFC and Axis

Giving a clean chit to three private banks alleged on money laundering, RBI Deputy Governor KC Chakrabarty said there is no systemic scam that has happened in the Cobrapost allegations, reports said. Read more

RBI credit policy by Mr. Amar Ambani; Head of Research – India Infoline Limited (IIFL)

“The RBI has obliged on the Government’s call to the Central Banker to support its growth agenda by cutting Repo rate by 25 basis points. An improvement in trade deficit, drop in core inflation, achievement of 5.2% fiscal deficit and slowing growth prompted RBI to act. Read more

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