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Finance Current Affairs

News Early policy unwind riskier: RBI deputy governor

Current Affairs

HTML clipboardNEW YORK: The Reserve Bank of India's deputy governor hinted on Thursday it was too soon for the central
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News Rupee seen down as Asian shares lower

Current Affairs

HTML clipboard MUMBAI: The rupee is expected to weaken on Friday, tracking a drop in regional stocks and the dollar rise against major More »

News ABG to Continue Seeking More in Great Offshore

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NEW DELHI -- ABG Shipyard Ltd. said Thursday it will continue to seek a controlling stake in Great Offshore Ltd. as a bidding war between two of India's biggest shipbuilders escalates.

AB.......
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News India Wholesale Prices Rise for First Time in 14 Weeks

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NEW DELHI -- Wholesale prices in India rose for the first time in 14 weeks and analysts expect the inflation to outpace the Reserve Bank of India's forecast by the end of the current financial year in March.


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News U.K. Minister: India Should Allows U.K. Banks to Open More Branches

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MUMBAI -- India should allow U.K.'s banks to open more branches here, U.K. Minister for Trade, Investment and Business Mervyn Davies said Thursday.

"Not just banks, but insurance companie.......
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News SBI Plans 5 New Branches in London by June

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MUMBAI -- State Bank of India, the country's largest lender by assets, plans to open five new branches in the U.K., its chairman said Thursday.

"We have seven branches in UK and will open.......
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News India Mutual Funds May Keep Deploying Cash

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MUMBAI -- Indian fund managers may continue to deploy more cash in equities to make the most of the buoyant markets, even though the pace of investments slowed in August to the lowest level in four months as stock valuations edged hi.......
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News Tata Steel May Refinance About $900 Million Raised for Corus Buy

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MUMBAI -- Tata Steel Ltd. may refinance around $900 million that it had raised to partly fund its acquisition of Anglo-Dutch steel maker Corus in 2007, a person familiar with the matter said Thursday.

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News Reliance Adds Funds to Aid Drilling Effort

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MUMBAI -- Reliance Industries Ltd. raised about 31.88 billion rupees ($662 million) via a share sale, as it seeks to generate funds to expand its oil-and-gas exploration globally.

A total of .......
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News Mamata seeks probe into jobs-for-land scam during Lalu's tenure

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Railway Minister Mamata Banerjee [ Images] has sought a Central Bureau of Investigation probe into allegation of irregularities in recruitment during the tenure of her predecessor Lalu Prasad, which the agency.......
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