Subbarao said there was need to bring inflation to 5 per cent saying the relationship between growth and inflation is non-linear.
Aruneel Sadadekar/Rediff.com lists five matches you can't afford to miss out at the ICC's marquee event.
Bollywood celebrities have backed the Indian Cricket Team after they lost the final of 2017 ICC Champions Trophy against Pakistan.
Gold has pushed lower as a result of Chinese selling.
'The stimulus packages, sector reliefs, loans etc are coming to industry, but state governments have not got any money from GST, no money from excise, no money from any income source.'
The heatwave, brought on by a mass of hot air flowing north from Africa to Europe in recent days, has enveloped Spain, France, Belgium, the Netherlands, Switzerland and northern Italy, and is expected to last several days and extend further north.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
Sachin Tendulkar turns 35 on Thursday. Join rediff.com in greeting the Mumbai batsman on his birthday. May the year ahead be full of runs and success.
Tendulkar became only the second batsman after Sir Don Bradman to make 5000 or more runs against a particular opponent in all forms of international cricket.
'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'
The study of 2,000 adults found less than half of people surveyed could name the year when Princess Diana died, even though it happened as recently as 1997.
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
Here is a fact-box on Australian cricketer Phillip Hughes, who died on Thursday. He was 25.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Following the declining dollar, investor nations are buying gold. There is a discernible return to Gold Standard in global trading from the current Dollar Standard.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
Germany will retain their World Cup title in Moscow to equal Brazil's record of five wins in the tournament, according to a Reuters poll of financial specialists more used to predicting market moves.
Theresa May on Wednesday became Britain's second woman prime minister after Margaret Thatcher.
'It is a great thing for Test cricket at the moment because we have been talking about it for the last 2-3 years'
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Rajneesh Gupta gives us a list of noteworthy statistics from first-class and Ranji Trophy
A summary of sports events and sports persons, who made news on Friday
Mumbai Indians captain Rohit Sharma sustained a fracture in the middle finger during the second One-Day International against England at Cardiff.
The United Kingdom has voted by 51.9 per cent to 48.1 per cent to leave the European Union after 43 years in an historic referendum.
In the end it came in as a quiet announcement on the social network. But MS Dhoni had made the decision. He knew it was the right time.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Here's your weekly digest of odd, crazy moments from around the world
Indian batsman Gautam Gambhir will re-join Essex cricket team on Tuesday to play the remainder of his maiden English county season after he returned home for a brief period due to family issues.
A weak dollar overseas also aided the rupee rise while fresh sell-off by foreign funds in domestic stocks capped the currency's gains, forex dealers said.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
The deal did not include the FT Group's 50 per cent stake in The Economist magazine.
The best camera is the one you have in your pocket. Ever since the release of the first iPhone, the iPhone Photography Awards, now in its 11th year, highlights the best of the best. This year's winners were selected from thousands of entries and from photographers in 140 countries. The winning image, taken by Jashish Salam of Bangladesh and titled "Displaced," shows a crowded refugee camp with Rohingya children watching a film about sanitation. Other awards included prizes for photographer of the year and 18 other categories like Nature, Children and Travel. Check out the winning images.
Mystery surrounds the sudden departure of Pakistan's banned Test leg-spinner, Danish Kaneria and his family to India although his brother claims they have gone to perform some religious rituals. Kaneria, his wife, children and his mother flew out to India on Sunday night and are presently said to be in Kochi but speculations are rampant that the banned player might have gone to India to seek a livelihood and settle down there. "My family is in India to perform some religious rituals which will take around 10-days. Our return dates are not confirmed as yet," Kaneria told a television channel from India. His brother, Vicky Kaneria, who is in Karachi and employed with an oil campany also insisted it was a personal trip for religious purposes. But he was unwilling to speak further on the issue. Speculations have been rife over the real purpose of the visit to India as Danish Kaneria had earlier this year reportedly said he would have got more justice in India being a Hindu by faith.
The UK-based Caparo group has four running plants in India with a total turnover of Rs 250 crore (Rs 2.5 billion) at present. The group is targeting a turnover of Rs 1,000 crore (Rs 10 billion) by 2008.
Former England captain David Beckham was officially awarded a Major League Soccer (MLS) franchise in Miami on Monday with hopes that the team will begin playing in 2020.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
The employees have alleged that Mallya, who has been giving them false promises, has been able go away scot free by eliciting "political favours".
Rajneesgh Gupta salutes Captain Cool.
