Don't levy fine if less than minimum in inoperative A/c: RBI to banks

India growth rate to rise beyond 5% : RBI Governor

RBI Governor Raghuram Rajan has expressed optimism on India's growth rate going beyond the five percent mark soon. He said the economy has been growing at a flat rate of five percent and hopefully the country will see it picking up in the near future. He was talking to media persons on the ...

Guj model of land acquisition best: Commerce & Industry Min study

A Commerce and Industry Ministry-sponsored report has described the Gujarat model of land Acquisition as the best in the country. The report said this model can be emulated by other states with some modifications to improve the business environment. The report on Best Practices to Improve Business E...

IMF urges the Dubai to avoid yet another property bubble

The International Monetary Fund, IMF has urged the Dubai Government to take stronger measures to avoid yet another property bubble. The IMF regional director Masood Ahmed told in Dubai that the authorities in Dubai have taken measures, which are effective. However, there is a need to put in place st...

Tourist arrival in Sri Lanka sees big surge

RBI tells banks not to levy penalties on customers not maintaining minimum balance

Qatar Govt takes full control of national airline

Oil prices extend losses in Asian trade

Oil prices extended their losses in Asian trade today, spooked by a weak manufacturing sector in China, although there was some support from concerns about the crisis in Ukraine. The US benchmark, West Texas Intermediate for June delivery, eased five cents to 99.43 dollar a barrel in mid-morning tra...

Raghuram Rajan expresses optimism on India's growth rate going beyond 5% mark soon

Reserve Bank of India Governor Raghuram Rajan has expressed optimism on India's growth rate going beyond the 5 per cent mark soon. Speaking on the sidelines of a special talk at Oxford University yesterday, Rajan reiterated his view on the growth rate being inextricably linked with curbing ...

Rajeev Suri to head Nokia

Finnish telecommunications equipment maker Nokia on Tuesday appointed India-born Rajeev Suri as its President and CEO. Earlier, the 46-year old was leading Nokia Solutions and Networks, the smaller network equipment unit of Nokia before the company sold its handset business to software giant Microso...