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Railways and a recipe for disaster

The twin-train derailments within minutes of each other that killed 25 people in Madhya Pradesh on August 5, 2015, is being blamed on flash floods. S Pushpavanam wonders if that is the only reason.......

RBI may delay rate cut if rupee depreciates

RBI's forex reserves fell $113.5 mn for the week ended Aug 7 to $353.35 billionThe recent devaluation of the yuan has led to a weakness in the rupee against the dollar. There are concerns that if......

RBI sells special drawing rights to control fiscal deficit

The Reserve Bank of India (RBI) has sold special drawing rights (SDRs) to the International Monetary Fund (IMF) for interim payment to the government for meeting the fiscal deficit target of 4.8......

India may dig into forex kitty to fund CAD

India may have to draw about $9 billion from its foreign exchange reserves to finance current account deficit this year, PMEAC Chairman C Rangarajan said on Friday, while pitching for promoting......

Should India create a Sovereign Wealth Fund?

As India's forex reserves balloon, so do their costs. It may be time for India to reconsider its exchange management practices and increase its risk-taking appetite.India's reserves have been......

Rupee ends flat at 67.02 vs USD ahead of Fed meet outcome

Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment In a lacklustre trade, the rupee, Wednesday, closed almost flat at 67.02 against the American unit......
  Web results for Depreciation Reserve Fund
EFI Reports Record Third Quarter Revenue of $246M, Up 7%

GlobeNewswire 2016-10-24 FREMONT, Calif., Oct. 24, 2016 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in... ...
GTL Infrastructure to go under the hammer as early as February next year

MUMBAI: Lenders and promoters of GTL Infrastructure are looking to auction the company and its assets as early as February next year, said people... ...
Security Federal Corporation Announces Increase in Quarterly and Nine Month Earnings

) - Security Federal Corporation ("Company") (OTCBB: SFDL), the holding company for Security Federal Bank ("Bank"), today announced results for the... ...
Private capex may remain subdued over next year as well

Shyamsunder Bhat is chief investment officer at Exide Life Insurance. In an interview Bhat tells Falaknaaz Syed that while there could be some... ...
Benchmarks trade slightly in green in morning trade

SENSEX 28227.03 149.85 0.53% NIFTY 8732.40 39.35 0.45% Indian equity benchmarks have made a cautious start but are managing... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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