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June 16, 2011 1:18 PM

Govt seeks public views online to tackle menace of black money

The government has created an email id for public to send their suggestions, ideas and inputs to tackle the menace of black money. According to the Finance Ministry sources the email bm-feedback@nic.in has been created on the server of the National Informatics Centre. The email account will be conti...

June 16, 2011 1:16 PM

Food inflation falls marginally to 8.96 pc

Food inflation went down marginally to 8.96 per cent for the week ended June 4. This follows cheaper pulses and vegetables. Food inflation, as measured by the Wholesale Price Index or WPI, stood at 9.01 per cent in the previous week, while it was over 21 per cent in the first week of June last year....

June 16, 2011 1:02 PM

RBI hikes short-term lending & borrowing rates by 25 basis points

Reserve Bank of India today raised key short-term lending and borrowing rates by 25 basis points for the 10th time since March, 2010. While the short-term lending or repo rate has been raised to 7.5 per cent, the borrowing rate has been hiked to 6.5 per cent. Subsequently, the marginal standing faci...

June 16, 2011 9:45 AM

RBI to release its first mid quarterly review of credit policy

The Reserve Bank of India, RBI is going to release its first mid-quarterly review of the credit policy for current financial year today. The Central Bank has already expressed its concern over the inflation level. The RBI has hiked key policy rates nine times since March, 2010, and is likely to cont...

June 16, 2011 8:45 AM

RBI to release first mid quarterly review of credit policy

The Reserve Bank of India, RBI is going to release its first mid-quarterly review of the credit policy for current financial year today. The Central Bank has already expressed its concern over the inflation level. The RBI has hiked key policy rates nine times since March, 2010, and is likely to cont...

June 16, 2011 8:45 AM

3 detained for journalist J Dey’s murder

The Mumbai police yesterday detained three people in connection with senior journalist Jyotirmoy Dey's murder case. The three are suspected to be the members of Chotta Shakeel gang, the right hand man of underworld don Dawood Ibrahim. After holding the state Cabinet meet yesterday, Chief Minist...

June 16, 2011 8:39 AM

RBI to release first mid-quarterly review on Thursday

The Reserve Bank of India, RBI will release its first mid-quarterly review of the credit policy for current financial year tomorrow. The Central Bank has already expressed its concern over the inflation level. The RBI has hiked key policy rates nine times since March, 2010, and is likely to continue...

June 15, 2011 8:23 PM

No consensus on Lok Pal after 7th meeting of Drafting Committee

Differences persist between government and Civil Society's representatives over vital issues concerning Lok Pal. Briefing the media after the 7th meeting of the Drafting Committee today evening, HRD Minister Kapil Sibal said that there is lack of consensus on various important aspects of the pr...

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