Financial stability a challenge for RBI'
Mumbai: India's rapid integration with the rest of the world could pose complex challenges to its financial stability and the country would increasingly be exposed to the for...
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Finance News
Updates from regulators, markets, and the wider Indian finance sector.
101 stories
Sebi mulls hike in 10% margin for FIs
Mumbai: Stock markets regulator Sebi could soon ask institutional investors to cough up more than 10% of a public issue subscription upfront. This is a follow through of the mark...
Banks plan IT projects for cutting costs: KPMG
New Delhi: Many of the banks in the country are planning to deploy technology related projects over the next one year, with an aim to reduce costs and ensure business growth, a s...
WB approves $75 mn credit to Sri Lanka
Washington: The World Bank announced to approve a USD 75 million International Development Association credit to Sri Lanka. This will support the second phase of a community driv...
Asia wealth players grow as crisis crimps rivals
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...
Exports may fall to $155 bn in 09-10: FIEO
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, Pres...
WPI seen down 0.08% y/y
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 per...
Unique ID not mandatory: Nilekani
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...
Nath to meet WB chief, address investors in US
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 rou...
Inflation rises to -0.12%
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 h...
Exports dip for the 11 straight months
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. In August 2008, th...
Govt sets up ‘Invest India’ to draw FDI
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 dur...
French Banking Body: Forcing Bks To Hold More Cap No Panacea
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 Fr...
Bharti Airtel: Deny Reports Of Any Agreement With MTN
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 com...
IMF Economist: Must Rebalance Global Econ To Sustain Recovery
WASHINGTON -(Dow Jones)- The crisis is receding, but leaving in its wake a damaged global economy that must be rebalanced to achieve strong growth rates again, the chief economis...
European Shopping Center Completions To Fall 45% By '11-Survey
LONDON -(Dow Jones)- European shopping center completions are expected to fall by 45% by 2011, as schemes are put on hold during the recession, according to a new survey by Cushm...
12% Of Eligible Mortgages Being Modified Under US Plan
HTML clipboard WASHINGTON -(Dow Jones)- Just 12% of eligible borrowers have started trial loan modifications under the Obama administration's $75 billion mortgag...
IMF Tech Team Needed For Loan Deal Not To Visit Turkey Oct-IHA
ISTANBUL -(Dow Jones)- The IMF won't be sending a technical team to Turkey - needed for the conclusion of loan talks - during the fund and the World Bank's annual meeting...
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