Let RBI be sole regulator for all home loan providers: SBI chief

Posted On, May 18, 2013

Kolkata, May 18 (IANS) The country's largest lender, State Bank of India (SBI), Saturday the Reserve Bank of India (RBI) should become the sole regulator for all home loan institutions - banks as well as housing finance companies.

Image

Russia’s GDP growth slumps to 1.6 per cent

Posted On, May 18, 2013

There was just 1.6 per cent growth witnessed in the Russian GDP in the first quarter this year, which is its fifth quarterly fall, according to the country's federal statistics service.

Image

Brazilian firm to build thermal plant in Peru

Posted On, May 18, 2013

Genrent do Brasil has been awarded a concession to build a 70 MW thermoelectric plant and temporarily supply electricity to the Peruvian Amazon city of Iquitos, authorities said.

Image

RBS to cut 1,400 jobs over next two years

Posted On, May 17, 2013

The Royal Bank of Scotland (RBS) has that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain, a media report said.

Top US official resigns

Posted On, May 16, 2013

US President Barack Obama has said that the acting commissioner of Internal Revenue Service (IRS), which is at the centre of a scandal that subjects conservative groups to extra scrutiny, has resigned and Treasury Secretary Jack Lew has accepted it.

Image

Etihad Airways launches maiden flight to Amsterdam

Posted On, May 16, 2013

Etihad Airways, the national airline of the UAE, Wednesday launched its inaugural flight to the Netherlands' capital Amsterdam.

Image

Russian state oil firm to invest $100 mn in Vietnam

Posted On, May 16, 2013

Russian state-run oil giant Rosneft has pledged to invest around $100 million in geological prospecting and drilling off Vietnam after it received approval for a new oil bloc there, Rosneft CEO Igor Sechin said.

RBI to issue inflation-linked bonds

Posted On, May 15, 2013

Mumbai, May 15 (IANS) The Reserve Bank of India (RBI) will issue inflation-linked bonds of Rs.12,000 crore to Rs.15,000 crore in the current financial year to protect the savings of the poor and middle classes from the general price rise and help curb gold imports.

Image

Sensex surges 500 points on rate cut hopes

Posted On, May 15, 2013

A benchmark index of the Indian equities markets surged nearly 500 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.

Page 1 of 18112345...102030...Last »