Here are the key decisions announced by the Reserve Bank of India on Thursday.
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India on Friday joined the United States in voting against Iran in a resolution passed by United Nations atomic watchdog IAEA censuring the Islamic nation over its controversial nuclear programme and demanding that it stop uranium enrichment.
State BJP in-charge Dinesh Sharma and party treasurer Surendra Patel met Shah on Thursday morning upon his arrival. The other top state leaders and ministers are expected to meet him in the evening.
In an interview with Business Standard, Jalan, who has also been a member of the Rajya Sabha, speaks on a wide range of issues concerning the markets
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
New Jersey Senate Majority Leader Loretta Weinberg appointed Sonia Das as her chief of staff. She will take charge on January 1.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
'This is not Ahmedabad Gymkhana but people's house'
New Delhi was reluctant to spook investors by clipping the bank's wings
The IIT faculty had been demanding withdrawal of 40 per cent cap on promotion of professors to senior grade. The teachers were also opposing the provision of contractual appointment at entry level.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
Rajan tells RBI colleagues he will be returning to academics
Governor of the Punjab province Salman Taseer has asked Pakistan president Asif Zardari to direct the Pakistan Cricket Board (PCB) to boycott its 2011 World Cup matches in India. A powerful political figure and an influential businessman, Taseer has sent a letter to Zardari asking him to direct the PCB to shun its World Cup matches in India.
A couple of days earlier, IIM Ahmedabad said it would hike the fees for its two-year PGP course.
India on Friday said it could not ignore the conclusions of the International Atomic Energy watchdog IAEA on Iran's nuclear enrichment programme before deciding to vote against Tehran, but felt the door for dialogue with it should be open.
Stating that all aspects of the 400-crore water tanker scam of the Delhi Jal Board are being analysed, the ACB on Monday said that it would question all accused very soon.
CBI on Monday started a preliminary enquiry to probe the mysterious death of Madhya Pradesh Governor Ram Naresh Yadav's son Shailesh whose name had figured in the multi-crore rupee MPPEB scam, also known as Vyapam.
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