Rajan said the central bank has used up all its "space available" to cut interest rates
Here are some cars, we feel will surely make you stop and think about investing in electric cars, if you haven't done so far.
According to CNBC's report based on a research by global real estate consultancy Knight Frank, which ranks countries according to highest average growth in housing prices from the fourth quarter of 2006 to the same period in 2011, here are the world's hottest real estate markets.
The Pune-based company's chief executive Adar Poonawalla said the company, which is the largest vaccine maker in the world, is putting $200 million at risk by manufacturing nearly 300 million doses before the final nod to launch the vaccine in market, which is expected at best by the end of the year.
In January, India allowed fuel retailers to raise the price of subsidised diesel every month and asked bulk buyers to pay market rates.
It is expected that the global real estate market will see some major improvements in the latter half of the year.
The RBI targets inflation at 6 percent by January 2016 and 4 percent for 2017/18.
Virtually ruling out closure of debt-laden Kingfisher Airlines (KFA), Civil Aviation Minister Ajit Singh on Thursday said promoter Vijay Mallya will have to take call on shutting down the business.
CNBC recently came up with a list of world's biggest employers.
An oil spill is the release of a liquid petroleum hydrocarbon into the environment, especially marine areas, due to human activity, and is a form of pollution.
Governments around the world are trying their best to achieve the right balance between the rise in overall net revenues, personal income tax rates and tax credits.
Social media is opening whole new avenues for companies.
According to the study, the ranking is based on net worth figures from Wealth-X, a research firm that provides information on ultra high net worth individuals to private banks and consulting firms.
The findings of the CNN-IBN & CNBC-TV18 'State of the Nation Poll', conducted by the Centre for the Study of Developing Societies, Delhi reflects the popular mood of a number of issues such as the popularity of political leaders, the economy, corruption and terrorism. The results of the poll on the theme 'Personalities and Leadership' shows that Congress General Secretary Rahul Gandhi is the preferred choice as prime minister.
It's not only about technology, but the reach of Google that attracts the players. Google's online display ads have even evoked the interest of automobile companies, other than telcos and FMCG firms.
This year saw quite a few celebs walk down the aisle.
Facing criticism inside the United States for downgrading America's credit rating from AAA to AA+, the Standard and Poor's Indian-American president Deven Sharma has said that the agency's decision was made mainly because of the rising debt levels and the process of resolving things.
Perhaps the most important thing that has come out of it is clarity about the extent of private sector involvement in the Greek bail-out programme.
The suave actor of the world, sometimes called the last of the Mohicans and familiar to students of cinema anywhere in the globe, acted in 14 Ray films and over 300 others, gracefully transitioning into commercial cinema in a variety of roles.
Investment firm General Atlantic is expected to buy a 0.1 per cent stake in Facebook, an investment which will value the social networking site at $65 billion.
Social networking site Facebook is likely to file an IPO by the first quarter of 2012, with a valuation of over USD 100 billion, a media report said. Facebook is likely to go public by next spring, CNBC quoted people familiar with the matter as saying.
The wave of deaths, one-third of which has come from the world's financial capital of New York and neighbouring New Jersey and Connecticut, has had a devastating impact on American economy which has now gone into recession with an unprecedented over 35 million losing their jobs in the last three months.
The deal was hailed by the White House as 'a significant expansion of (the) security relationship'.
Here's some details about the wedding preparations as well.
In a blog post, Google said it is offering 'a new world of apps available for TV', including NBC's CNBC Real-Time, an application that will allow Google TV users to track stocks.
India needs to evolve a comprehensive security machinery with clearly laid down concepts, carefully defined leadership roles and a workable co-ordination drill.
Treasury Secretary Timothy Geithner on Thursday ruled out any possibility of US facing a Greece-like debt crisis and said that better-than-expected economy would help strengthen government accounts.
Initial findings reveal that the tax code has received an overwhelmingly positive feedback
The iconic selfie taken by Indian Prime Minister Narendra Modi with Chinese premier Li Keqiang during his current visit to China is being hailed by western media as one of the most "power-packed selfie in history".
The Planning Commission on Saturday sought to play down fears that the hike in excise duty on petroleum products would lead to a surge in inflation.
The Planning Commission deputy chairman Montek Singh Ahluwalia said on Wednesday objections to the disinvestment progammes of the government can be sorted out through discussions. Although the government has expressed its commitment to offload equity in state-owned companies while retaining 51 per cent share, the supporting Dravida Munnetra Kazhagam had raised objections to it.
The government had in June deregulated the prices of petrol but did not take a decision on diesel, which is used by various industries and the transport sector.
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
Supporting restrictions on capital flows in some situations, C Rangarajan, chairman of the Prime Minister's Economic Advisory Council, said, "Capital flows are welcome. It is only in certain categories we want to discourage them"
The country's largest private sector lender, ICICI Bank, today said credit offtake will pick from July putting pressure on lending rates.
Robin Griffiths, technical strategist at Cazenove Capital, shares his opinion on why India and Brazil are a better bet than China in the current economic scenario, crystal gazes the strength of the US dollar and believes that if all goes well then the Indian stock market benchmark, Sensex, could test its earlier peak set in January 2008.
The government on Monday rapped state-owned BSNL for poor financial performance and made a case for disinvestment in the telecom PSU through an initial public offer.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
"I just have a fundamental disagreement with this package. When it was originally proposed, it was talked about as target tax cuts as well as infrastructure investment," said Jindal. He has even turned down $ 100 million of federal money saying he would have to permanently change the state law for this temporary benefit. Jindal also accused Obama of not having a bi-partisan approach on the stimulus bill.
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