Finance, Forex and Investments

Reserve Bank Of India News

RBI seen raising rates again in July, may pause afterWednesday, July 20, 2011 @ 1:41AMExpectations that the repo rate will peak at 8 percent by end-2011 are largely unchanged from a previous forecast in mid-June.

Indian bond yields largely steady; oil, US cues weighWednesday, July 20, 2011 @ 1:29AMMUMBAI: Indian federal bond yields were steady to marginally higher on Wednesday as a rise in global crude oil prices and higher US yields were being offset by hopes the central bank was nearing the end of its tightening cycle.

20 years of reforms: Bimal Jalan's viewsWednesday, July 20, 2011 @ 12:18AMCNN-IBN spoke to economist Bimal Jalan who worked with Manmohan Singh.

Wipro Results for the Quarter Ended June 30, 2011 Under IFRSTuesday, July 19, 2011 @ 10:59PMWipro Limited today announced financial results under International Financial Reporting Standards for its first quarter ended June 30, 2011.

Nifty Stock Futures Advance on Speculation U.S. to Agree on Deficit PlanTuesday, July 19, 2011 @ 9:43PMIndia’s stock-index futures rose, signaling a gain in benchmark indexes, on speculation the U.S. will reach an agreement to cut its budget deficit, and on optimism corporate earnings will weather rising inflation.

In Israel, compared with Palestine Transnistria, Moldova, Bessarabia, likened himself: Israel TodayTuesday, July 19, 2011 @ 5:43PMLebanon complained to the UN in connection with the conclusion between Israel and Cyprus, the agreement on exclusive economic zone and maritime boundary demarcation. Israel and Cyprus have agreed to jointly develop natural resources, including gas fields.

RBI links bank licence to rural branchTuesday, July 19, 2011 @ 4:41PMSignboards of new private banks which are common on high street will soon be visible in the remotest of rural areas with the Reserve Bank India (RBI) linking new branch licensing to the number of rural branches that banks open.

Daimler rolls out financial services armTuesday, July 19, 2011 @ 4:12PMGerman auto giant Daimler has announced the official launch of its financial services business in India called Daimler Financial Services India with an initial equity capital of $50 million.

Troubling timesTuesday, July 19, 2011 @ 1:51PMWhen the Chairman and Managing Director of a bluechip, professionally-run manufacturing company expresses his opinion on the economy, one cannot but pause to reflect on it, especially when it runs counter to that held by policy makers.