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  • RBI seen raising rates again in July, may pause after Wednesday, 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 weigh Wednesday, 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 views Wednesday, 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 IFRS Tuesday, 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 Plan Tuesday, 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 Today Tuesday, 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 branch Tuesday, 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 arm Tuesday, 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 times Tuesday, 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.
  • Numbers don't tell inflation story Tuesday, July 19, 2011 @ 1:51PMThe Reserve Bank faces a big challenge — that of finalising the review of its policy for the first quarter of the year amidst misleading signals emanating from data sources.
  • Pranab to meet India Inc on steps to rejuvenate economy Tuesday, July 19, 2011 @ 11:04AMAmid signs of sluggishness and spiralling inflation, Finance Minister Pranab Mukherjee will meet corporate honchos on August 1 to discuss ways to rejuvenate the economy.
  • Heavyweights, global markets buoy Sensex Tuesday, July 19, 2011 @ 6:32AMNifty ended at 5,614 -- up 47 points.
  • Reserve Bank hits don't-panic button Tuesday, July 19, 2011 @ 6:14AMCOMMENT Long-term focus trumps disaster headlines.
  • Axis Bank gets RBI nod for merger of Enam's investment bank biz Tuesday, July 19, 2011 @ 5:36AMAxis Bank has received the Reserve Bank of India's in-principle approval to merge the investment banking and equity capital market business of Enam Securities.
  • HDFC Bank net profit rises 34 percent in first quarter Tuesday, July 19, 2011 @ 5:29AMThe country's second largest private lender, HDFC Bank Tuesday reported almost a 34 percent increase in net profit at Rs.1,085 crore in the first quarter ended June 30, compared to the like period of last financial year.
  • 10 tips on… lunchtime at work Tuesday, July 19, 2011 @ 2:42AMDAVID DARMANIN of TAVERNA SUGU offers ten pieces of advice on spending less and eating better at work without having to be a nuisance about i.
  • Madhya Pradesh House passes Supplementary Budget; Oppn rains fire Tuesday, July 19, 2011 @ 2:12AMBhopal, July 18 : Expressing optimism on the economic front, Madhya Pradesh Finance Minister Raghavji today informed the Assembly that overall revenue collection increased threefold -- in as many years sans imposing tax -- and exceeded the national average.
  • Outward FDI: Has India Inc arrived or is leaving? Tuesday, July 19, 2011 @ 2:03AMIs this a new "secession of the successful", coming a generation after the flight of professional middle class talent that created the so-called global Indian diaspora?
  • Barclays to realign India biz; 25-30 job cuts soon Tuesday, July 19, 2011 @ 1:32AMThe move would result in around 25-30 job cuts.
  • Iran threatens to halt crude oil supplies to India if not paid: report Tuesday, July 19, 2011 @ 1:31AMAn Iranian oil official threatened that Iran would likely stop crude exports to India from August if the payment problem is not solved, the semi-official Fars news agency reported on Monday.
  • Petra Diamonds Ld - Trading Update - Year ended 30 June 2011 Tuesday, July 19, 2011 @ 1:23AMPetra Diamonds Ld - Trading Update - Year ended 30 June 2011
  • Asia braces for hit from West's debt woes Tuesday, July 19, 2011 @ 1:22AMFor Asia, the deepening debt troubles in the West are like a giant asteroid on a collision course - too big to dodge or ignore, and difficult to pinpoint precisely where the worst damage will be done.
  • ANALYSIS-Asia braces for direct hit from West's debt woes Monday, July 18, 2011 @ 10:25PMSINGAPORE: For Asia, the deepening debt troubles in the West are like a giant asteroid on a collision course -- too big to dodge or ignore, and difficult to pinpoint precisely where the worst damage will be done.
  • India’s Nifty Stock-Index Futures Decline Amid U.S., Europe Debt Concerns Monday, July 18, 2011 @ 9:59PMIndia’s stock-index futures dropped, signaling a decline in benchmark indexes, amid rising concerns over U.S. and European debt.
  • Iran threatens to stop oil supply to India Monday, July 18, 2011 @ 9:33PMIran says India owes it $5 billion for oil imports in recent months.
  • Prepare for an Aussie dollar switch Monday, July 18, 2011 @ 9:27PMThe new world order is changing the way the Australian dollar is viewed, which could result in new highs of up to $US1.50 and unexpected consequences for our economy. 19 Jul 2011 12:15 PM
  • RBA Board Had `More Time' to Assess Inflation, Minutes Show Monday, July 18, 2011 @ 9:24PMAustralia’s central bank had scope to extend an interest-rate pause because risks posed by Europe’s debt crisis and a slower-than-forecast domestic recovery eased inflation concerns, minutes of its July 5 meeting showed.
  • Bankers for status quo on rates Monday, July 18, 2011 @ 5:35PMMumbai, July 18: Spooked by the sharp slowdown in credit offtake, bankers have asked the Reserve Bank of India (RBI) to hit the pause button in its rate hike cycle that started in March last year.
  • YOUR PICTURES Monday, July 18, 2011 @ 5:29PMShare your pictures with us. Send your photos with caption to: Email: ttfeedback@abpmail.com Selected pictures will be included in the 'Your Pictures' section of our Gallery . The gallery is also available on your mobile phone at http://www.telegraphindia.com/wap
  • Iran warns India over oil export Monday, July 18, 2011 @ 4:56PMReuters/Tehran Iran warned India yesterday that it would stop exporting oil to India from August 1 if a financial dispute over payment was not resolved, the semi-official Fars news agency reported.
  • India owes Iran $5 bn for oil imports Monday, July 18, 2011 @ 9:05AMIran said on Monday India's latest payment balance on crude oil imports from the Islamic state stands at $5 billion, the official IRNA news agency quoted the governor of the Central Bank of Iran as saying.
  • Vulnerable to U.S. Debt, and Left Waiting Monday, July 18, 2011 @ 7:25AMDespite direct exposure to a U.S. debt downgrade or default, there is little Asia can do but watch and hope that Washington finds a solution.
  • Iran says India owes it $5 billion for oil imports Monday, July 18, 2011 @ 7:11AMIndia reportedly owes Iran billions of dollars for oil imported in the months since Indian banks blocked transfers of money to Tehran under pressure from Washington.
  • Sensex dips 55 points on rate hike fears, weak global cues Monday, July 18, 2011 @ 6:41AMThe BSE benchmark Sensex on Monday fell by 55 points as investors feared another hike in interest rates when RBI reviews the inflation situation next week amid a weak global trend.
  • Indian economic growth seen hurt by inflation, rate pressures Monday, July 18, 2011 @ 3:11AMA poll of more than 20 economists showed the median estimate for 2011/12 GDP growth in Indian economy was down to 7.95%
  • Fed calculates recession's costs Monday, July 18, 2011 @ 2:30AMThe 18-month recession that ended in June 2009 has so far cost more than $7,300, or about $175 a month, per person in lost consumption, said a researcher at the Federal Reserve Bank of San Francisco.
  • Fed’s Recovery Forecast Buoyed by Dudley Expecting Dollar-Driven Exports Monday, July 18, 2011 @ 2:14AMDenise Morrison, the incoming chief executive officer of Campbell Soup Co. (CPB) , outlined a strategic plan last week after the world’s largest soup maker failed to attract as many consumers as estimated during the recession. A key component: Sell more food overseas.
  • Markets open lower, banking shares weak Sunday, July 17, 2011 @ 11:19PMMarkets opened posted marginal losses in opening trades following subdued global cues and investor sentiment may remain cautious due to debt concerns in Europe and US. The Nifty index was down 18 points, at 5,573 and the Sensex declined 41 points, at 18,521.
  • Pre-market: Marginal losses seen in opening trades Sunday, July 17, 2011 @ 10:34PMMarkets are expected to open marginally lower following subdued global cues and investor sentiment may remain cautious due to debt concerns in Europe and US. The Nifty future on the Singapore Exchange was down 18 points, at 5,573.
  • PRESS DIGEST-Australian Business News - July 18 Sunday, July 17, 2011 @ 3:47PMCompiled for Reuters by Media Monitors. Reutershas not verified these stories and does not vouch for theiraccuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) BHP Billiton has described shale gasexplorer ...
  • Q&A: I Unnikrishnan, MD, Manappuram Finance Sunday, July 17, 2011 @ 4:49AMIn the last four-five years, the gold loan market has been transformed. In an interview with Dilip Kumar Jha , I Unnikrishnan , Managing Director, Manappuram Finance, says from customers pledging jewellery as a last resort for funds, there is now extensive interest in the sector.
  • Ficci sour at policy paralysis, CEA Basu not impressed by 'over pessimism' Saturday, July 16, 2011 @ 1:35PMThe country's chief economic advisor and industry chamber Ficci do not seem to share the business confidence in the economy. At a policy workshop organised by the newly-formed International Growth Centre, Ficci General Secretary Rajiv Kumar termed the current mood of the industry as sour.
  • How QE3 Could Bring About $5,000 Gold and $1,000 Silver Saturday, July 16, 2011 @ 7:44AMIn his recent commentary, Ambrose Evans-Pritchard sees the world nearing a revived gold standard as the US, Europe, and Japan all continue testing the limits of maximum sovereign debt levels.
  • MP panel asks ED to probe BCCI and IPL Saturday, July 16, 2011 @ 2:18AMNew Delhi, July 15 : The Member of Parliament (MP) panel, chaired by former finance minister Yashwant Sinha, have recommended an Enforcement Directorate (ED) probe into Foreign Exchange Management Act (FEMA) violation by the Board of Control for Cricket in India (BCCI) and Indian Premier League (IPL) teams.
  • LIC Housing Fin may roll out VC fund by September Friday, July 15, 2011 @ 3:37PMThe proposed venture capital fund by LIC Housing Finance is likely to be rolled out by September this year.
  • Bank services must be made cheaper, says Chakrabarty Friday, July 15, 2011 @ 3:32PMEven as the Reserve Bank of India is drawing up plans to revamp the customer services in the banking industry in the aftermath of submission of Damodaran Committee report on the issue, RBI deputy governor KC Chakrabarty wants the banks' charges for various services should be as friendly as mobile banking industry.
  • Quick view Friday, July 15, 2011 @ 3:27PMService exports stood at $11.83 billion in May, 2011, up almost 3.2% in comparison to April.
  • Sensex slips 56.28 points Friday, July 15, 2011 @ 2:36PMThe Sensex logged its first weekly decline in four and shed 0.3 per cent on Friday, as foreign funds opted to lock in gains, with investor caution seen rising ahead of the Reserve Bank of India’s (RBI) policy review this month.
  • LIC Housing Finance plans to launch Rs 500-cr fund in Sept Friday, July 15, 2011 @ 2:35PMLIC Housing Finance Ltd plans to launch a Rs 500-crore venture capital (VC) fund for urban infrastructure development by September, according to its director and chief executive officer, V K Sharma.
  • Fallout of costlier loans Friday, July 15, 2011 @ 1:37PMSome policymakers continue to insist that growth will stay the course and that GDP will expand at the expected rate of 8 per cent. Analysts too suggest a slowdown, but not one major enough to get worried about.