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  • Business

Inflation: RBI for monetary expansion rollback

 RBI Governor D Subbarao made a strong case on Friday for a rollback of the expansionary monetary policy being pursued to combat the impact of the global financial meltdown, saying it could result......

RBI, bankers disagree over interest rate cut

 Reserve Bank Governor D Subbaro on Tuesday said there is scope for banks to lower lending rates further, but most top bankers maintained that interest rates will remain the same in the near term......

Govt to wipe out revenue deficit in 2008-09

 Prompted by high economic growth, the government is proposing to wipe out revenue deficit and reduce fiscal deficit to three per cent of the gross domestic productin 2008-09."We are on track to......

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