Central enterprise to tame inflation may prove to be tough f

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Central enterprise to tame inflation may prove to be tough f

The sturdy decision of the Reserve Bank of India (RBI) to hitch up both of its short-term lending rate and the minimum cash balance commercial banks have to maintain may have made many frown but there is nothing to worry as it has got its biggest advocator, the Union Finance Minister P Chidambaram. The Union FM in a bluff mode advocated each and every progress..
China denies report of ban on lending to US banks

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Mumbai, Sept 25 ANI/Business Wire India: Financial markets are all about confidence in the system and an underlying assumption that system will not fail. But, after the bankruptcy of Lehman Brothers in USA and Northern Rock in the UK and the bailout of Fannie, Freddie and AIG investors, people have lost confidence in the system. In fact, some people have even started being skeptical, if any system..
Maharashtra sect up in arms against Dow Chemicals unit in Pu

NAT47National/Environment/Politics/BusinessMaharashtra sect up in arms against Dow Chemicals unit in PunePune, Sep 26 IANS Followers of the Varkari sect in Maharashtra Friday intensi..
Second British bank nationalised as US credit crunch spreads

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ECO6 Economy/National Reserve Bank surprises bankers, analysts Mumbai/Chennai, Oct 24 IANS The..
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