Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Seeking to protect investor returns from excessive exchange rate movements, Reserve Bank of India governor Raghuram Rajan has said a move towards an inflation target of 4 percent will help contain currency market volatility.He said the aim of macro stabilisation is to make the exchange rate less and...

WTO cuts 2016 global trade forecast to 2.8%

The World Trade Organization revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth.In September, the WTO estimated that global trade would rise by 3.9 per cent this year, but lowere...

Power reforms likely to pressure states' budgets: RBI

SC directs Vijay Mallya to disclose all assets by April 21

SC directs Vijay Mallya to disclose all assets by April 21

Power reforms likely to pressure states' budgets: RBI

North East-ASEAN Business Summit kicks off in Imphal

A two-day North East-ASEAN Business Summit begins this afternoon at the City Convention Centre in Imphal. The Summit is organized by Manipur Commerce and Industries Department in collaboration with the Union Ministries of External Affairs and Development of North-Eastern Region(DoNER), Indian Chambe...

Panama announces int'l panel for transparency in financial industry

Panama has announced creation of an international panel to help improve transparency in its offshore financial industry. The move follows the leak of millions of documents from law firm Mossack Fonseca. President Juan Carlos Varela said Panama would work with other countries over the revelations. In...

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Seeking to protect investor returns from excessive exchange rate movements, Reserve Bank of India governor Raghuram Rajan today said a move towards an inflation target of 4 percent will help contain currency market volatility.He said the aim of macro stabilisation is to make the exchange rate less a...

WTO cuts 2016 global trade forecast to 2.8%

The World Trade Organization today revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth.In September, the WTO estimated that global trade would rise by 3.9 per cent this year, but ...