The Reserve Bank of India today asked banks not to levy penalties on customers who don’t maintain a minimum balance in any inoperative account, as part of a consumer protection … continue reading
The willingness of decision makers to take risks increases when they play games of chance with money won earlier. Risk taking also rises when they have the opportunity to compensate … continue reading
More than three billion cups of tea are served every day around the world and a large share comes from the developing world and the emerging economies. This too despite … continue reading
The World Bank President Jim Young Kim said in Washington that the private sector strongly feels that India is a difficult place to do business due to many regulations. He … continue reading
The UAE Exchange, one of the global money transfer brands has said its total remittances business into India witnessed a growth of 6.44 per cent last year. This is the … continue reading
The Indian government has launched an exchange-traded fund of central public sector enterprises, to raise 3,000 crore rupees for its disinvestment plan. This is an open ended scheme, comprising shares … continue reading
India and China held their third round of the Strategic Economic Dialogue in Beijing. Officials said, focused discussions on collaboration in a number of areas, including Railways and Information Technology, … continue reading
The first branch of Bharatiya Mahila Bank was opened in Shimla. It was inaugurated by Mrs. Usha Anantha Subramaniam, the Chairperson and Managing Director of the bank. This is the … continue reading
The Hinduja brothers have emerged as the third richest family in Britain. The latest rich list from ‘Forbes’ magazine showed that London-based Srichand and Gopichand Hinduja have a combined wealth … continue reading
Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros in a deal aimed at expanding its interests in Europe. Ono, which is private equity-owned, offers cable … continue reading
Afghanistan is likely to join the World Trade Organization (WTO) within the next three months. According to Afghan Commerce and Industries Ministry the government of Afghanistan has already signed a … continue reading
China’s economy, the world’s second-largest, grew at its slowest pace in 14 years in 2013, latest figures show. Its gross domestic product (GDP) expanded 7.7 percent from a year ago, … continue reading