Friday 20 Sep '13RBI governor Raghuram Rajan's maiden quarterly monetary policy review today comes at a time when the US Federal Reserve has decided to continue with its stimulus programme to revive the world's largest economy and drive global growth in the coming months.
Friday 23 Aug '13While the total number of counterfeit notes detected by the banking system has come down to 4.98 lakh pieces in 2012-13 from 5.21 lakh pieces in 2011-12, the detection in the denomination of Rs 1,000 grew by over 18% in the period
Thursday 15 Aug '13At a time when the government is trying to attract foreign investment across sectors to bridge the widening CAD, the latest recommendations from the Parliamentary Standing Committee of Commerce on FDI in pharmaceutical sector comes as a dampener.
Thursday 25 Jul '13While one of the intents of the US immigration Bill is to ensure that Indian companies don’t see the US as an onshore destination to ship workers, the fact is over the past 6-7 years, Indian software companies have created at least 35,000 jobs in the US for the locals.
Tuesday 16 Jul '13If India has to emerge as one of the top five knowledge powers globally, private sector will have to step up its investment in R&D and equal contribution has to come from the government during the ongoing 12th Five-Year Plan.