The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
On India achieving higher growth, Rajan said 9 per cent, which is the widely believed potential growth rate of the economy, is still some time away.
Long jumper Anju Booby George expressed happiness on Tuesday after her second place finish at the 2005 Monaco World Athletics Final was upgraded to a gold medal, saying the frustrating time she endured for last nine years was worth the wait.
Rajneesh Gupta brings you all the numbers from the just concluded IPL-12.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Global sales made via mobile devices are expected to top $638 billion.
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.
Rajneesh Gupta brings all Yuvraj Singh's numbers from different formats of cricket.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Rediff.com takes a look at few of Virender Sehwag's best knocks.
Non-resident Indians (NRIs) are very positive about India
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
A glance back at some important events that occurred in 2018.
Among Indian cars Vizag-based Stephen Panchigalla clocked 13.366s in his Skoda Octavia in the same J Class, which was run jointly for both Foreign and Indian cars, to ended up as the 'Fastest Indian Car.' Of the day.
Under pressure from India and other countries, Switzerland has made key changes in its local laws governing assistance to foreign nations in their pursuit of black money allegedly stashed in Swiss banks.
The exotic Italian manufacturer steps into the middleweight naked space with the new generation Brutale 800. What's it like to ride? Abhay Verma finds out
Ducati has raised the bar in the middleweight sportsbike segment with its bigger and more powerful 959 Panigale. We put the bike through its paces to tell you what the bike feels like from behind the bars!
Before applying for a home loan, make sure you have not been delinquent in the past six months at least.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
10 things you must know about Samsung Galaxy J5 and Galaxy J7...
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
Rajneesh Gupta picks the overseas stars at Monday's IPL Players auction.
This will, of course, go a long way in meeting the promised fiscal deficit target of 3.6 per cent of GDP in 2015-16.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
Two of Triumph's most iconic motorcycles, the Thruxton and the Bonneville T100, represent a blend of style and practicality. Arup Das takes them for a spin in the national capital
Companies are playing the price game to woo customers.
With a tally of 19 wickets in the series so far, Moeen Ali is the second highest-wicket taker from both sides after team mate James Anderson, who has 21 dismissals to his name. Incidentally, only three spinners have taken more wickets against India outside Asia.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Eight states and Union Territories have Muslim share of population in excess of national average of 13 per cent. Mayank Mishra report
The 8th Champions Trophy begins in England this week. Rajneesh Gupta captures the tournament in all its statistical glory like only he can.
Unable to verify or trace a large number of bondholders in Sahara refund case, Sebi has begun a process to consult the business conglomerate for verifying the genuineness of such investors.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
The French have been rewarded for their obstinacy with exactly what they wanted -- an order for fully built Rafales without technology transfer.
Punjab looked on course for a crushing victory after bundling out Uttar Pradesh for a paltry 95 in their second innings, on the third day of the Ranji Trophy Group A match in Hyderabad, on Monday.
So overwhelming was India's domination in the series, that Zimbabwe's most valuable player, Elton Chigumbura, is only seventh in the combined list with a MVPI of just 175, according to Srinivas Bhogle and Purnendu Maji.
Dr Manmohan Singh's role in the sordid saga of the Coal Allocation Scam was always Delhi's worst-kept secret; calls for his interrogation will mushroom after he was named by P C Parakh, says T V R Shenoy.