RBI Governor calls on FinMin in New Delhi & discusses prevailing economic situation

Reserve Bank Governor Raghuram Rajan today called on Finance Minister Arun Jaitley in New Delhi and discussed the prevailing economic situation as well as the issues related to the rise in prices.The meeting, which comes just days before the next bi-monthly monetary policy review on 3rd of next mont...

Oil prices rise in Asian trade

Oil prices rose in Asian trade today after escalation in the Ukraine crisis. Analysts say that the crisis could potentially cause a disruption in gas supply and send energy prices soaring. US benchmark, West Texas Intermediate for delivery in July, rose two cents to 104.37 US dollars in late-morning...

RBI to have regular process of bank licences: Rajan

RBI to have regular process of bank licences: Rajan

CAD declines sharply to 0.2% of GDP in the last quarter of 2013-14

Country's Current Account Deficit has sharply narrowed to 0.2 percent of the GDP in the last quarter of the financial year 2013-14. Showing a declining trend, it came down from 1.7 per cent of GDP in the financial year 2013-14 as a whole from 4.7 per cent in the previous financial year. The...

CAD falls sharply to 0.2 per cent of GDP in March quarter

Country's Current Account Deficit has sharply narrowed to 1.7 per cent of GDP in the financial year 2014 from 4.7 per cent in the financial year, 2013. The Reserve Bank of India said, contraction in the trade deficit, coupled with a rise in net invisibles' receipts, resulted in a r...

CAD falls sharply to 0.2 per cent of GDP in March quarter

Country's Current Account Deficit has sharply narrowed to 1.7 per cent of GDP in this financial year from 4.7 per cent in the last financial year, 2013. The Reserve Bank of India said, contraction in the trade deficit, coupled with a rise in net invisibles' receipts, resulted in a ...

CAD falls sharply in March quarter

Current Account Deficit, CAD has fallen sharply to 0.2 per cent of GDP in March quarter from 3.6 per cent a year ago. The apex bank said, March quarter Current account deficit plunges to 1.2 billion US dollar from 18.1 billion US dollar a year ago. It , further, said that the current account deficit...

CAD falls sharply in March quarter

CAD falls sharply in March quarter Current Account Deficit, CAD has fallen sharply to 0.2 per cent of GDP in March quarter from 3.6 per cent a year ago. The apex bank said, March quarter Current account deficit plunges to 1.2 billion US dollar from 18.1 billion US dollar a year ago. It , further, sa...

Saudi Energy 2014 gets underway in Riyadh today