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January 29, 2013 4:53 PM

RBI cuts key interest rates by 0.25% to perk up growth

The Reserve Bank today slashed its key interest rates by 0.25 per cent to 7.75 per cent . The Chairman of the Prime Minister's Economic Advisory Council, Dr. C. Rangarajan said that cut in interest rate will stimulate investment and help in anchoring inflationary expectations. The RBI Governor,...

January 29, 2013 2:49 PM

K'taka: 13 BJP MLAs submit resignations to Speaker

In Karnataka, 13 BJP MLAs submitted their resignation to the Speaker K.G Boppaiah today.The MLAs claiming allegiance to B.S.Yeddyurappa had tried to submit their resignation letters on 23rd. But the absence of the Speaker had forced them to wait till today.These MLAs had also complained to the Gover...

January 29, 2013 2:29 PM

13 BJP MLAs submit resignations to Speaker

In Karnataka, 13 BJP MLAs submitted their resignation to the Speaker K.G Boppaiah today.The MLAs claiming allegiance to B.S.Yeddyurappa had tried to submit their resignation letters on 23rd. But the absence of the Speaker had forced them to wait till today.These MLAs had also complained to the Gover...

January 29, 2013 12:42 PM

RBI cuts key interest rates by 0.25% to perk up growth

The Reserve Bank today slashed its key interest rates by 0.25 per cent and released 18,000 crore rupees additional liquidity into the system to perk up growth through reduced cost of borrowing. RBI Governor D Subbarao in the third quarter monetary policy review surprised the market by cutting short-...

January 29, 2013 8:35 AM

RBI calls for more reform measures to restore investor confidence

The Reserve Bank of India, RBI will announce its third quarter monetary policy review in Mumbai today. RBI yesterday said that recent reforms have reduced the immediate risks for the economy but emphasised on the need for more measures to restore investor confidence. RBI has also revised India'...

January 28, 2013 9:27 PM

India, Bangladesh sign extradition treaty & liberalised visa agreement

India and Bangladesh signed an extradition treaty and revised travel agreements on Monday following the Home Minister level talks in Dhaka. The agreements were signed by Union Home Minister Sushil Kumar Shinde and Bangladesh Home Minister M.K.Alamgir.In a Joint press statement issued after the talks...

January 28, 2013 8:53 PM

Delhi gang rape case: Sixth accused declared Juvenile

An accused in the Delhi gang rape case who claimed to be less than 18 years of age was declared a minor on Monday by a juvenile board hearing his case. The juvenile is one of the six men accused of brutally assaulting a physiotherapy student on a bus in south Delhi on the night of December 16th. The...

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