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Quest For Restoring Financial Stability

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How Modi govt brought economy back on track: White Paper

Prime Minister Narendra Modi-led government in the last Parliament session before the general elections on Thursday brought a white paper tearing into Congress-led United Progressive Alliance rule,......

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections,......

Ranil thanks India for providing Lanka 'a breath of life'

President Ranil Wickremesinghe on Wednesday thanked India and Prime Minister Narendra Modi for giving Sri Lanka 'a breath of life' by providing timely economic assistance to his country as it faced......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Obama set for 'defining moment'

With most polls showing Democrat Barack Obama as the favourite, the Illinois Senator has described Tuesday's US election as 'a defining moment' in American history, as he sought to become the first......

How to solve financial sector's $75 bn problem

'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down......

When an American professor worked at the RBI...

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default......

Pranab Mukherjee's Budget Speech

Finance Minister Pranab Mukherjee presented the Budget for 2009-10 on July 6. Following is the BudgetSpeechof Finance Minister Pranab Mukherjee: Madam Speaker, I rise to present the Budget for......

IIMs must say 'No' to govt

The recent controversy regarding fees charged by Indian Institutes of Management and Indian Institutes of Technology has brought into focus the relationship between the government and academic......

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