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RBI paints grim picture of economic recovery
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Banks not using resources efficiently: Subbarao
By: sharma
MUMBAI, Nov 25: Reserve Bank of India (RBI) Governor D Subbarao today said the Indian banks are not using their resoruces in the most efficient manner though overall efficiency and productivity have improved. In his keynote address to the International Finance and Banking Conference organised by the Indian Merchants’ Chamber (IMC) here, Dr ...
8 days ago
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Government Committed to build infrastructure: Anand Sharma
By: chnarendra
Shri Anand Sharma, Union Minister of Commerce and Industry, inaugurated a National Seminar on Industrial Productivity for Inclusive Growth, here today. On the occasion, he said that the Government is committed to building infrastructure which would support robust industrial growth and reduce costs. He added that ...
2 months ago
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New York Yankees vs. Minnesota Twins: AL Playoff Preview
By: ahol888
The Minnesota Twins will not have any rest going into Yankee Stadium before they have to play the Yankees because the Twins defeated the Detroit Tigers 6-5 in 12 innings in the AL Central Division Tiebreaker. Let us now take a look at the second baseball game of the baseball tripleheader today. Catcher: Yankees' Manager Joe Girardi ...
about 1 month ago
- News Source: India Abroad | 3 months agoThe central bank's comments come at a time when the finance ministry is working on a Bill to set up a separate debt management office (DMO), independent of RBI. The central bank, which manages the government's borrowing programme, is not in favour of...
- News Source: India Abroad | 3 months agoRBI's Annual Report-2008-09 said the test was done to assess the capital adequacy of the banks to sustain losses from deteriorating asset quality, primarily due to falling external demand in the wake of the global recession a subsequent slowing of...
- News Source: India Abroad | 3 months agoAccording to the RBI annual report, the surplus has come primarily due to increased earnings from domestic investments. The income from domestic sources in 2008-09 at Rs 9,935.77 crore (Rs 99.35 billion) was higher compared with the last year's level...
- News Source: India Abroad | 3 months agoIn fact, there is a risk of getting sidetracked from the many dimensions of this challenge if the impact is seen only from the perspective of India's 55 per cent rural population, of which over 65 per cent are directly employed in farming. Indeed, if...
- News Source: India Abroad | 3 months agoAvinash Vashistha, chairman and CEO of Tholons, belives that consolidation will be a crucial theme among Fortune 100 and 500 firms. "At least one-third of the Fortune 500 firms and 70 per cent of Fortune 100 firms are looking for vendor consolidation,...
- News Source: Sify News | 3 months agoTime the RBI started mopping-up operations It also underscored the fact that large borrowing programmes (the Centre's budgeted gross market borrowing in FY-2010 is Rs 4,91,044 crore) and a high fiscal deficit (the estimate for FY-10 is 6.8 per cent...
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