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Ukraine crisis: US, EU inflict $100 billion wound on Russia

The United States and European Union have slapped tougher and "wide-ranging" sanctions on Russia, targeting its energy, finance and defence sectors for its continued support of separatists in......

BRICS bank: A giant step towards reforming the world system

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual......

'For achche din, give us at least a year'

'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the......

'Manmohan Singh knows very little of the Indian economy'

'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a......

RBI move to ease gold import norms to up offcial supplies: WGC

Welcoming the Reserve Bank's decision on easing the 20:80 gold import norms, the World Gold Council on Thursday said this will help in increasing the official supplies. "This is expected to......

RBI relaxes gold import norms

The Reserve Bank of India on Wednesday liberalised gold import norms under the 80:20 rule. Though the ratio hadn’t been changed, star and premier export houses had been allowed to import the......

RBI relaxes some import/forex rules

The Reserve Bank of India has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade). Till now, advance payment without any limit and without a bank......

India's gold imports hit 10-month high in March

India’s gold imports in March are estimated to have risen to nearly 50 tonnes, the most since the Reserve Bank of India’s import curbs came into force in May last year. According to......

Exports dip 3.67% to $25.6 billion in February

India's exports declined 3.67 per cent to $25.68 billion in February. Imports fell 17.09 per cent to $33.81 billion, resulting in a trade deficit of $8.13 billion. For the April-February period,......

  People speak for export import bank

  • QNA
Chanakya
Q. Countries that import less than export are happy with their currencies. Countries like India that export less than import are not happy with their currencies but it doesn't mean that economy of these cpountries are becoming weaker. There are many countries whose value of currencies is good but have bad economy while there are many countries whose value of currencies is bad but have good economy. So, people of India, there is no need to worry too much. Work hard with cordination and everything will become much better.
Chanakya:  A.  more

http://qna.rediff.com/questions-and-answers/countries-that-import-less-than-export-are-happy-with-their-/26361100/answers/

syed ilyas
Q. Should RBI also take a blame for the lowest level our Rupee has gone ?
Syed Ilyas:  A. Worst part of Indian economy is, ppl. at high are exporting real currencies to Swiz banks and importing fake currencies and terrorism to India under Mafia rule. more

http://qna.rediff.com/questions-and-answers/should-rbi-also-take-a-blame-for-the-lowest-level-our-rupee-/26010283/answers/26361132

Ramesh Agarwal
Q. DURING PM VISIT TO MYAMAR WHICH BANK OF THAT COUNTRY SIGNED MOU FOR GETTING LOAN TO WHICH BANK IN INDIA?
Ramesh Agarwal:  A. Some of the key decisions like REPO, Bank rates, CRR, SLR have direct impact on liquidity in market which in turn reflect on GDP, export & import and obviously Rupee Value too. more

http://qna.rediff.com/questions-and-answers/during-pm-visit-to-myamar-which-bank-of-that-country-signed-/23295362/answers/26010402

  Web results for Export Import Bank
Rising imports by star trading companies led to higher trade defecit, alleges jewellers' association

Importers like banks and PSU agencies could supply gold to local jewellers, premier trading houses could import gold only for export activity.... ...

http://economictimes.feedsportal.com/c/33041/f/534043/s/3d117bf8/sc/2/l/0Leconomictimes0Bindiatimes0N0Cmarkets0Ccommodities0Crising0Eimports0Eby0Estar0Etrading0Ecompanies0Eled0Eto0Ehigher0Etrade0Edefecit0Ealleges0Ejewellers0Eassociation0Carticleshow0C393834910Bcms/story01.htm
Traffic police installs booth

Bangalore shutdown over rapes hits normal life | Ban e-rickshaws, orders Delhi High Court | Trap corrupt cops, Kejriwal to autorickshaw drivers |... ...

http://chennaionline.com/City360/City-Feature/20142431032427/Traffic-police-installs-booth.col
Little room for India to take sides in confrontation between Russia and West

US President Barack Obama refuses to term it a new Cold War, but it feels like one. Russia and the US have been at loggerheads for months after a... ...

http://hindustantimes.com.feedsportal.com/c/33818/f/608455/s/3d04fff8/sc/8/l/0L0Shindustantimes0N0Ccomment0Ccaught0Ein0Ethe0Emaelstrom0Carticle10E12464820Baspx/story01.htm
Ignore the blips

Gyrations in the US gross domestic product obscure growth that's steady but still slow. Output rebounded strongly in the second quarter, with a... ...

http://www.business-standard.com/article/opinion/ignore-the-blips-114073101893_1.html
Deputy NSA Nehchal Sandhu resigns

Humid Thursday, rain likely Friday | Sonia, Manmohan refute allegations by Natwar Singh | Petrol, bulk diesel, non-subsidised LPG rates cut |... ...

http://news.chennaionline.com/national/BREAKING-NEWS--Deputy-NSA-Nehchal-Sandhu-resigns/8bfa4a87-1e4d-4209-b8be-51d97f8d2de4.col

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