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Finance Current Affairs

News Asia wealth players grow as crisis crimps rivals

Current Affairs

Singapore: Asia-Pacific banks are stepping up hiring private bankers and seeking acquisitions to grab market share in an industry so far dominated by foreign players such as UBS and Ci.......
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News Exports may fall to $155 bn in 09-10: FIEO

Current Affairs

New Delhi: India's exports may fall to USD 150-155 billion in 2009-10 from USD 168 billion in the previous fiscal and the declining trend could be reversed from January, President o.......
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News WPI seen down 0.08% y/y

Current Affairs

Mumbai: India's wholesale price index (WPI) is forecast to have trimmed its fall to nearly zero in the year to Aug. 29 from the previous week's annual decline of 0.21 percent, a.......
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News Unique ID not mandatory: Nilekani

Current Affairs

Mumbai: The implementation of unique identification (UID) will not be mandatory but voluntary, Nandan Nilekani, head of the Unique Identification Authority of India (UIDAI) said. It is.......
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News Nath to meet WB chief, address investors in US

Current Affairs

New Delhi: In a bid to attract foreign investment in the road sector, Road Transport and Highways Minister Kamal Nath will meet the World Bank chief and address an investors round tabl.......
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News Inflation rises to -0.12%

Current Affairs

New Delhi: Inflation rose marginally to minus 0.12 per cent for the week ended August 29 from minus 0.21 per cent in the previous week due to a rise in prices of food and other househol.......
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News Exports dip for the 11 straight months

Current Affairs

New Delhi: India's exports slid for the 11th straight month in August by 19.7 per cent to USD 14.3 billion owing to the continuing slump in global demand.

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News Govt sets up ‘Invest India’ to draw FDI

Current Affairs

New Delhi: Faced with declining Foreign Direct Investment (FDI), the government on Thursday decided to set up a joint venture company, Invest India, to attract overseas funds during th.......
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News French Banking Body: Forcing Bks To Hold More Cap No Panacea

Current Affairs

PARIS -(Dow Jones)- Forcing banks to hold more capital regardless of the risks they take is not the best way of ensuring global financial stability, the chief executive of the French Banking Federation said, as it could.......
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News Bharti Airtel: Deny Reports Of Any Agreement With MTN

Current Affairs

MUMBAI -(Dow Jones)- India's largest cellphone company Bharti Airtel Ltd. (532454.BY) late Wednesday denied reports it had reached an agreement with South African telecom company MTN Group (MTN.JO).

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