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2 RBI staff in Bengaluru arrested for Rs 1.99 crore note exchange

The Central Bureau of Investigation has arrested two employees of cash department of Reserve Bank of India in Bengaluru in connection with alleged conversion of Rs 1.99 crore of demonetised......

Currency seizure: RBI official in CBI net, 10 cases so far

The Central Bureau of Investigation has arrested a Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged......

Bureaucratic reshuffle: Rajiv Gauba replaces Mehrishi as Home Secy

Urban Development Secretary Rajiv Gauba was on Wednesday named as the next home secretary as part of a major top-level bureaucratic reshuffle. He will succeed Rajiv Mehrishi, who completes his term......

Karnataka waives crop loan up to Rs 50,000 per farmer

Facing mounting pressure from farmers and opposition parties, the Karnataka government on Wednesday announced crop loan waiver of up to Rs 50,000 per farmer, that will cost Rs 8,165......

India doesn't require lessons on freedom of press from NYT: CBI

The Central Bureau of Investigation has responded strongly to a New York Times editorial on the NDTV raids, calling it “one-sided” and asserting India does not require “any......

25 years later, 4 bank officials convicted in securities scam

A special Central Bureau of Investigation court in Mumbai has convicted four former bank officials in one of the multi-crore securities scam cases and sentenced them to three years imprisonment,......

RBI may get bigger role to clean up NPA mess

Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.  The Reserve Bank of India will likely find itself at the driver’s seat in the war against bad......

Bank officers want pay equality with central govt staff

Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic At a time when the government is contemplating cutting employee benefits at 10 laggard public......

Note-ban gains may just be Rs 72,800 crore, says Motilal Oswal

While the central bank had publicly cited only Rs 15.55 trillion of high value notes were cancelled, in an RTI reply to PTI, it had said the actual quantum of bills cancelled was much higher at Rs......

RBI seeks cyber security experts for IT arm

The cell was formed after attacks on the Bangladesh central bank by international hacker groups siphoned off millions of dollars. The Reserve Bank of India is strengthening its information......

Indian cricket's superstar culture will continue to thrive

'Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same,' says Dhruv Munjal. IMAGE: India Captain Virat Kohli, Cricket......
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Stocks advance as dollar weakness lifts oil

By Chuck Mikolajczak NEW YORK (Reuters) - World stocks advanced on Friday to end the week with a slight gain as a drop in the dollar helped boost... ...

http://www.sify.com/finance/stocks-advance-as-dollar-weakness-lifts-oil-news-commodities-rgxpGUaeifhbd.html
Keresene subsidy to be credited into fishermen's bank accounts

Food and Civil Supplies Minister U T Khader said subsidy for the purchase of kerosene by fishermen will be directly transferred to their bank... ...

http://www.deccanherald.com/content/618911/keresene-subsidy-credited-fishermens-bank.html
Global Economy Weekahead

By Hugh Lawson | LONDON LONDON The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the... ...

http://www.firstpost.com/fwire/global-economy-weekahead-policy-ponder-central-banks-head-for-the-portuguese-hills-reuters-3739991.html
sources

FRANKFURT (Reuters) - The growing scarcity of German government bonds makes any major extension of the European Central Bank's asset buying scheme... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/oL_CtnYMxis/ecb-policy-idINKBN19E1KD
Global Share Markets End the Week on a Dull Note

Posted by Equitymaster Global financial markets ended the week on a dull note. This was on back of the Federal Reserve's release of its May 2-3... ...

http://www.equitymaster.com/tm/tm.asp?date=6/23/2017&title=Global-Share-Markets-End-the-Week-on-a-Dull-Note

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