In August, RBI allowed 11 business houses to start a payments bank.
Following the meeting, Subbarao said the central bank will look into the latest inflation numbers before coming out with the monetary policy review.
Deployment of THAAD in South Korea could unfold a new cataclysm in the Korean Peninsula with unwelcome prospects.
According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
Govt resists pay panel suggestion on scrapping allowances for acting, bad climate, family planning, funeral, robe maintenance and even hair cutting.
The opposition on Friday created ruckus in Parliament over the issue of regional language aspirants having disadvantage in Civil Services examination conducted by the Union Public Service Commission.
US economic growth slowed sharply in the fourth quarter.
The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
Iraq war veteran and Democrat Manan Trivedi tried his luck for the third time, but was trounced by Republican Ryan Costello, the Chester county commissioner for Pennsylvania's open seat in District 6
'We have seen in India that radical ideology has by and large not been successful in taking root.'
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Palestinians, who protested massively along the Gaza border clashed with Israeli forces.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
This was the first dinner hosted for a foreign dignitary at the White House under the Trump administration.
Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.
"When we asked the US, to play facilitating role...Why do we ask? Simply because we are not engaging bilaterally," he said.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
The Janata Dal-United on Friday announced its support to Congress for the post of Leader of Opposition in the Lok Sabha even as the treasury side has kept suspense over the issue.
Dalal Street is bullish on invest
The Kerala Assembly on Thursday witnessed uproarious scenes over the solar scam with the Communist Party of India-Marxist-led Left Democratic Front opposition and ruling United Democratic Front headed by Congress coming face-to-face, leading to the adjournment of the House for the day.
Richard Rahul Verma, the first Indian American to serve as US Ambassador to New delhi, quips that surviving the first month in India is his first goal.
US job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 per cent, underscoring the economy's resilience in the face of slowing global demand.
US President Barack Obama's administration has faced extensive criticism for its failure to prosecute bankers criminally for behavior that led to the financial crisis.
In a rare legislative action, a private member's Bill seeking to protect the rights of transgenders was passed unanimously by voice vote in Rajya Sabha on Friday.
Members from parties like the Congress, the Trinamool Congress, the Left parties and the Rashtriya Janata Dal created uproar in both the Lok Sabha and the Rajya Sabha as soon as the Houses met for the day.
Report says gold being exported by persons of Indian origin and routed through Dubai
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
In a few years from now, India will be looking at an entirely different type of military adversary across the borders, in our waters, in the air, in space and in our communication networks, says Nitin Pai.
U.S. economic growth braked more sharply than expected in the first quarter.
IT companies see this as a huge opportunity.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
Despite the indisputable facts demonetisation and its pain is yet to have a quantifiable political backlash. But this is provided the government can limit the damage to the next one week.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
'The category of crime and criminals called Maoist or Naxal or #UrbanNaxals is an illegitimate creation of right-wing propaganda media frenzy.' 'It is a fiction repugnant to the Constitution and the law of the land,' argue Vernon Gonsalves and Arun Ferreira.
The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.
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