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Cap on import credits, ECBs up

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RBI has decided to extend the all-in-cost ceiling of trade credits for imports into India and external commercial borrowings (ECBs) till March 31. For trade credit the all-in-cost ceiling over six mon

July 2, 2013

Flexible inflation targeting: A welcome move

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A large body of theoretical literature and the experience of the past decades indicate that monetary policy's best contribution to economic stability is to maintain price stability

July 2, 2013

PSBs' poor valuations hurt equity-raising plans

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All the 12 public sector banks (PSBs) which have been deprived of capital infusion by the government could face a serious challenge in raising equity capital due to their poor valuation scorecard. Bar

July 2, 2013

New RBI framework: Flexibility is key

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RBI should shortly shift to the 14-day repo rate as the operating target from the call money rate as recommended by the Urjit Patel committee

July 2, 2013
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India »

Feisty Opposition has its way

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Fourth such instance in the House; Government forced to amend Motion on President's Address.

July 2, 2013
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World »

Obama, European leaders discuss Ukraine, global security

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WASHINGTON/PARIS (Reuters) - U.S. President Barack Obama and European leaders held a video conference on Tuesday to discuss the Ukraine crisis, and France said all agreed that a "strong reaction" woul

July 2, 2013
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Politics »

Bill to allow e-rickshaws in Delhi passed in Lok Sabha

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A Bill seeking to pave the way for plying of e-rickshaws on Delhi roads was passed by the Lok Sabha on Tuesday. It is the third ordinance to be replaced by a bill passed by the Lower House since yeste

July 2, 2013
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Business »

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Sports »

Fernando Alonso to Miss Australian Grand Prix

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Fernando Alonso crashed into a wall at the track in Barcelona when he ran wide on the final day of the second pre-season test and had to be air-lifted to hospital under sedation.

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Health & Lifestyle »

Dramatic Silence

Dramatic Silence

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With release of English translation of his work that maps history of Marathi theatre, Makarand Sathe talks about state & censorship.

July 2, 2013
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Science & Technology »

Intel says it has chips ready for smartphones

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Intel Corp, seeking to foray into the mobile-phone chip market after more than a decade of failed attempts, said new processors going on sale this year give it more competitive capabilities in smartph

July 2, 2013
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