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India still faces risk on growth, external front: RBI official

India still faces risk on growth, external front: RBI official

25 Jul 2014

Mumbai: Stating that even though the formation of a stable government at the Centre has mitigated political risk, a top Reserve Bank official said India continues to face threats on the growth and external sector fronts.

US Fed,   RBI,   Deepak Mohanty,   Reserve Bank,   Indian economy,  
 Nation will not have to wait for long: Finance Minister on blackmoney

Nation will not have to wait for long: Finance Minister on blackmoney

25 Jul 2014

New Delhi: Finance Minister Arun Jaitley on Friday said that Prime Minister Narendra Modi-led NDA government was moving fast on bringing back the blackmoney stashed away by Indians in tax havens abroad.  

blackmoney,   Central government,   Arun Jaitely,   Apex Court,   blackmoney in Swiss banks,   Indian money in Swiss bank,   ,  
 India is interested in knowledge rather than dollars: Modi to World <strong>Bank</strong> President Jim Yong Kim

India is interested in knowledge rather than dollars: Modi to World Bank President Jim Yong Kim

24 Jul 2014

New Delhi: In an endevour to accelerate the pace of economic growth in India, Prime Minister Narendra Modi called on World Bank President Dr Jim Yong Kim and said the country is more interested in knowledge and expertise of global bank rather than dollars.

Narendra Modi,   World Bank,   President Jim Yong Kim,   Ganga cleansing,   Rejuvenation of river Ganges ,  
India stresses on capital increase, reforms in World <strong>Bank</strong>

India stresses on capital increase, reforms in World Bank

23 Jul 2014

New Delhi: India has stressed on capital increase and reforms in the World Bank to reflect the new world order and enhance the capacity of global institution to fund poverty alleviation programmes.

World Bank,   Jim Yong Kim,   Arun Jaitley,   Narendra Modi,   Indian economy ,  
We have miles to go in improving rural India: Arun Jaitley

We have miles to go in improving rural India: Arun Jaitley

24 Jul 2014

New Delhi: Finance Minister Arun Jaitley on Thursday said the country has "miles to go" to improve investment flows into farm sector, rural infrastructure and housing in villages.

improving rural India,   rural India,   Arun Jaitley,   Nabard,   National Bank for Agriculture and Rural Development,  
RBI fixes rupee reference rate at 60.0020 against USD

RBI fixes rupee reference rate at 60.0020 against USD

24 Jul 2014

Mumbai: The Reserve Bank of India (RBI) on Thursday fixed the reference rate of the rupee against US dollar at 60.0020 and of Euro at 80.6785 as against 60.1830 and 81.0305 on Wednesday.

RBI,   Reserve Bank of India,   rupee,   rupee reference rate,   dollar,   rupee vs dollar,   INR,   USD,  
RBI working on system for exit by businesses facing bankruptcy

RBI working on system for exit by businesses facing bankruptcy

23 Jul 2014

New Delhi: In the absence of a good bankruptcy code in India, Reserve Bank is working on a system to enable entrepreneurs seeking to exit insolvent business, a top official of the apex bank said.

RBI,   business,   bankruptcy,   apex bank,   Assocham,  
India firms borrowed USD 1.89 billion from overseas markets in June: RBI

India firms borrowed USD 1.89 billion from overseas markets in June: RBI

22 Jul 2014

Mumbai: Borrowings by Indian firms declined by over 3 percent from a year ago to USD 1.89 billion in June 2014, according to Reserve Bank data released on Tuesday.

Reserve Bank of India,   RBI,   India Inc,   HPCL,   Mittal Pipelines Limited,  
HDFC <strong>Bank</strong> Q1 Net up 21 percent to Rs 2,233 crore

HDFC Bank Q1 Net up 21 percent to Rs 2,233 crore

21 Jul 2014

Mumbai: Private sector lender HDFC Bank on Monday reported 21.1 percent growth in net profit to Rs 2,233 crore for the quarter ended in June 2014.

Private sector lender,   HDFC Bank,   non-interest revenue,   gross non-performing assets,   Shares of HDFC Bank,   BSE ,  
IMF welcomes establishment of BRICS <strong>bank</strong>

IMF welcomes establishment of BRICS bank

17 Jul 2014

Washington: The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership.

International Monetary Fund,   BRICS development bank,   Bank's leadership,   Fortaleza,   Brazil,   Contingent Reserve Arrangement ,  

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