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May 15, 2015 12:37 PM
With inflation apparently under control and growth in need of a boost, the government once again nudged RBI to cut interest rates further. Addressing a press conference in New Delhi yesterday, Finance Minister Arun Jaitley favoured rate cut. He indicated that the government would like all help it ca...
May 15, 2015 8:48 AM
The RBI has done away with the mandatory calendar of reviews for boards of banks in order to make their functioning of more effective. In a notification, RBI said the banks are advised to determine the board agenda items and the periodicity, with the approval of their boards. The notification stated...
May 15, 2015 7:58 AM
China is planning to invest up to 50 billion dollar in Brazil for new infrastructure projects. The deal is due to be signed by banks from both countries during a visit by Chinese Prime Minister Li Keqiang to Brazil next week. The money will go towards building a railway link from Brazil's A...
May 14, 2015 8:00 PM
The Reserve Bank of India Governor, Raghuram Rajan said that RBI is planning to set up an information technology wing to face the rising challenges coming from the cyber world. Addressing the media after the meeting of Central Board of Directors of the RBI at Benaulim in South Goa, Dr Rajan said tha...
May 14, 2015 2:12 PM
Deflationary pressure continued for the sixth straight month, as wholesale inflation dropped to a new low of minus 2.65 per cent in April this year. This was largely due to a fall in the prices of fuel and manufactured items. Inflation, as measured by the Wholesale Price Index, was 5.55 per cent in ...
May 14, 2015 1:51 PM
Deflationary pressure continued for the sixth straight month, as wholesale inflation dropped to a new low of minus 2.65 per cent in April this year. This was largely due to a fall in the prices of fuel and manufactured items. Inflation, as measured by the Wholesale Price Index, was 5.55 per cent in ...
May 14, 2015 12:32 PM
India's foodgrain production is estimated to have declined by 5.25 per cent to 251.12 million tonnes in 2014-15 crop year. The country had registered a record foodgrain production of 265.04 million tonnes in 2013-14 crop year.Releasing the third advance estimates for 2014-15, the Agricultur...
May 13, 2015 9:13 PM
India's total food grains production is estimated at over 251 million tonnes in 2014-15 crop year. The estimate is lowered by nearly 14 million tonnes than last year's record of of 265 million tonnes. Releasing the third advance estimates for 2014-15, the Agriculture Ministry today...
May 13, 2015 8:53 PM
Efforts to introduce US trade deals with Europe and Asia have been dealt a blow after a vote in the Senate. Late yesterday, Senators rejected a bill that would allow the President to speed trade deals through Congress. This means that Barack Obama will not be able to fast-track trade pacts such as t...
May 13, 2015 6:23 PM
The government has planned to invest 250 billion dollars over the next five years in coal, power, and renewable energy to meet the power crises in the country. Addressing a seminar on Challenges in enhancing coal production in New Delhi today, Power and Coal Minister Piyush Goyal said that governmen...
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Last Updated: 12th Jun 2026
