LS poll results: RBI, SEBI, Fin MIn draw up contingency plan to deal with market volatility

The Reserve Bank, SEBI and the Finance Ministry have drawn up a contingency plan to deal with any excessive market volatility when results of the general elections are declared today. Governor Raghuram Rajan told reporters in Shimla that they have placed prudential contingency plans to infuse liquid...

Will continue oil drilling in disputed waters despite Vietnam protests: China

China has said its oil rig will continue drilling in contested waters in the South China Sea, despite deadly anti-Beijing riots in Vietnam. The China's top General Fang Fenghui said Beijing cannot afford to lose an inch of territory, blaming Hanoi for stirring up trouble in the region.Speak...

Ecuador declares emergency in Galapagos after tanker runs aground

Ecuador has declared an emergency in the Galapagos Islands, saying that a petrol tanker which ran aground last Friday still poses a threat to the archipelago's fragile ecosystem. The ship's cargo has been emptied, but the authorities said pollutants, like motor oil, inside the vess...

US and EU to impose sectoral sanctions on Russia if Ukraine polls disrupted

The United States and its European allies will impose sectoral economic sanctions if Russia or its proxies disrupt the elections in Ukraine. US Secretary of State John Kerry said in London yesterday that the US is working with Ukraine and the Organization for Security and Co-operation in Europe, OSC...

RBI & Finance Ministry chalk out contingency plans to contain market volatility tomorrow

The Reserve Bank, Sebi and the Finance Ministry have drawn up a contingency plan to deal with any excessive market volatility when results of the general elections are declared tomorrow. Governor Raghuram Rajan told reporters in Shimla that they have placed prudential contingency plans to infuse liq...

RBI to infuse liquidity tomorrow, if needed: Raghuram Rajan

The Reserve Bank, Sebi and the Finance Ministry have drawn up a contingency plan to deal with any excessive market volatility when results of the general elections are declared tomorrow. Governor Raghuram Rajan told reporters in Shimla that they have placed prudential contingency plans to infuse liq...

SEBI rejects call from companies for leniency in mandatory appointment of independent directors

Market regulator SEBI today rejected a call from companies for leniency in mandatory appointment of independent directors.The new Companies Act has limited the number of companies that an independent director can represent, besides limiting their term to 10 years or two consecutive terms. It has als...

HP CM & RBI Governor launch 'Ru-Pay' ATM cum Debit Card of HP State Co-operative Bank in Shimla

Sebi: Stock exchanges prepared for volatility in trading tomorrow

Markets watchdog Sebi today said the stock exchanges are prepared to deal with any irregularity in trading tomorrow, when the results for the 2014 Lok Sabha elections are to be announced. Sebi Chairman UK Sinha told reporters on the sidelines of an Assocham conference in Mumbai that SEBI assures inv...

Inflation eases to 5.2% in April after food prices drop

Inflation has eased to 5.2 per cent in April ahead of the RBI's monetary policy review early next month. Drop in prices of food items, including vegetables, as well as fuel brought down the inflation. The inflation, measured on Wholesale Price Index (WPI), was 5.7 per cent in March. As per ...