Narendra Modi govt, RBI heading for potential clash over who decides rates
Having agreed this week to formally adopt inflation targeting as a guiding star for monetary policy, the Narendra Modi government and the Reserve Bank of India (RBI) remain at odds over how crucial decisions are made. Both sides support the setting up of a Monetary Policy Committee, as first... read more »
Day 3: Telecom spectrum sale fetches government Rs 77,000 crore
The telecom spectrum auction, with the eight companies in the fray, received bids worth Rs 77,000 crore at the end of the 17th round on day three of the e-auction, the government said on Friday. “Seventeenth round was completed with Rs 77,000 crore commitment today (Friday),” the... read more »
RBI eases norms for home loans for up to Rs 10 lakh
New Delhi: Giving a boost to affordable housing, the RBI on March 6 eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit. These charges form around 15 per cent of the cost of the house and place a burden on... read more »
Samsung In Talks To Set Up New Factory In India
South Korean technology giant Samsung Electronics Co Ltd is in talks with Indian states about building a third manufacturing plant in the country. “While we are in talks with the state governments, nothing has been decided,” Samsung said in a statement. It didn’t say how much it... read more »
Post R R Patil’s death due to oral cancer, Maharashtra to take steps to curb tobacco consu...
Mumbai, Feb 18: Shocked by death of former Home Minister R R Patil due to oral cancer linked to chewing of tobacco, Maharashtra Health Minister Dr Deepak Sawant today said the government... read more »
Minor girl raped, murdered in Lonavala hotel
The girl had gone to the hotel along with her family members to attend a wedding function on Sunday. She later went missing and her body with slit throat was found on the hotel’s... read more »
Teesta and husband won’t be arrested, says SC: All you need to know about the embezz...
On Thursday, a new bench of the Supreme Court hearing the plea of activist Teesta Setalvad and her husband said that there was no need to arrest the two, as it reserved its orders on the... read more »
World Cup 2015: MS Dhoni seeks Ravi Shastri’s advice to curtail slump with bat
An overwhelming win over Pakistan may have brought a lot of cheer to the Indiancricket team after an indifferent Australian Summer, but there are a few grey areas that are yet to be... read more »
We batted well, disappointed with fielding: Skipper Chigumbura
Although pleased with the batting efforts of his team, Zimbabwean captain Elton Chigumbura Thursday said he was disappointed with his team’s fielding after they beat United Arab Emirates (UAE) here... read more »
