BJP hails Modi Govt's efforts in bringing down inflation

Lauding the Government for its efforts in bringing down inflation, BJP on Wednesday said it is the result of Prime Minister Narendra Modi's leadership and the steps taken by him in the last four months.

Kavita, Kajal and national champion Rashmi enter quarters

India no. 4 Kavita Somanchi of Reserve Bank prevailed over Geeta Devi of BSNL in a straight games encounter 25-10 25-10 to enter the women`s singles quarterfinals in the All India Public Sector Carrom Tournament here Thursday.

Banks recasting Rs 1,300 cr loan to Goa mining sector

Following the go-ahead by the Reserve Bank, banks have begun restructuring the loans worth around Rs 1,300 crore given to iron ore miners and other stakeholders such as truckers and shipping lines.

With inflation untamed, will RBI act freely?

The verdict on rate cut is not yet out, with analysts divided for and against it.

Reserve Bank to raise growth forecast for the year: Gokarn

Buoyed by better than expected
GDP growth of 7.9 percent in the second quarter, the Reserve
Bank said it will have to raise the country`s growth
outlook for 2009-10 from the current estimates of 6 percent.

RBI likely to keep interest rates unchanged: Moody`s

The Reserve Bank is likely to
keep interest rates unchanged in its quarterly monetary policy as there is little pressure on the central bank to further take liquidity easing measures, according to Moody`s.