Indian rupee

IFC Launches $1 Billion Bond Program for India Projects

The International Finance Corporation (IFC), a member of the World Bank Group, has launched a $1 billion offshore bond program to strengthen India's capital markets and attract greater foreign investment in a time of renewed economic uncertainty across the world. Oct 10, 2013
india-belgium-agree-to-deepen-economic-ties-in-critical-areas

India, Belgium agree to deepen economic ties in critical areas

Brussels, Oct 04 (ANI): President Pranab Mukherjee, met Belgium Prime Minister, Elio Di Rupo, in Brussels on Friday during his six-day visit to Europe, and signed an agreement to deepen economic ties in critical areas of infrastructure, nuclear energy, Information Technology and higher education. Mukherjee arrived in Brussels with an aim to enhance educational and cultural exchange between the two countries. In a rare gesture, King Philippe of Belgium received Mukherjee at the airport on Wednesday, when he began his first leg of the tour from Belgium. This is significant at a time when India is trying to attract more investments in infrastructure to deal with its weak external sector situation. Oct 4, 2013
mahatma-gandhi

Gandhi Jayanti: Planning Commission Organises Twitter Conference on Mahatma Gandhi; How to Participate in the Discussion

Planning Commission has organized a global Twitter conference to discuss the life and message of Mahatma Gandhi to mark the 144th Birth Anniversary Celebrations of the Father of the Nation. The Twitter Conference, which is open to everyone, will be held between 7.00 p.m. and 8.00 p.m. IST on the occasion of Gandhi Jayanti on Wednesday (2 October) and the hash tag for the conference is #Gandhi. Oct 2, 2013
pakistan-pumps-in-illicit-drugs-in-gilgit

Pakistan pumps in illicit drugs in Gilgit

Gilgit Baltistan, Oct 01: Lack of proper medical infrastructure is preventing the residents of Gilgit Baltistan from accessing quality health care. The problem is further compounded by circulation of spurious drugs in the region. Oct 1, 2013
i-demands-inquiry-into-who-leaked-jammu-and-kashmir-report-vk-singh

I demands inquiry into who leaked Jammu and Kashmir report: VK Singh

New Delhi, Sep 24 (ANI): Former Army Chief VK Singh on Tuesday demanded an inquiry into who leaked the report about the army funds given to the Jammu Kashmir Ministers. Singh reiterated that the money was meant for social schemes and infrastructure. He also claimed that all the money was accounted for and supervised where it went. He also added that anything about secret units can never be discussed in public domain and it is treason. Sep 24, 2013
money-was-never-given-for-political-purpose-vk-singh

Money was never given for political purpose: VK Singh

New Delhi, Sep 24 (ANI): Former Army Chief VK Singh on Tuesday stated that he stands by his earlier comments about funds being given to ministers in Jammu and Kashmir. Singh categorically said that the money was meant for social schemes and infrastructure and to create stability in the state. Sep 24, 2013
bse-closes-points-360-42-down-on-september-20

BSE closes points 360.42 down on September 20

New Delhi, Sep 20 (ANI): Trading at the Bombay Stock Exchange today closed 360.42 points down to stand at 20286.22. At the National Stock Exchange the Nifty closed 103.45 points down to stand at 6012.10. TV18 Broadcast and Madras Cements were among the top gainers of Group A with an increase of 12.31% and 8.61% along with Shriram City University and IRB Infrastructure Developers Ltd. with an increase of 7.81% and 7.38% respectively, while the top losers of Group A include DLF and Oriental Bank with a decrease of 11.55% and 9.70% along with HDIL and Indian Bank with a decrease of 8.47% and 8.31% at the close of the markets. The Auto sector is down 150.43 points at 11,232.64 while the banking sector is down 527.80 points at 12,170.03 and the realty sector is down 89.93 points at 1,287.12. The Indian currency is down 0.73% at Rs 62.22 per dollar. Sep 20, 2013
lk-advani-praises-narendra-modi-publicly

LK Advani praises Narendra Modi publicly

Korba, Sep 16 (ANI): Senior BJP leader LK Advani, who was till now disappointed with Narendra Modi___s elevation as BJP___s prime ministerial candidate, now seems to have made peace with it. Sep 16, 2013
japan-vows-to-india-to-finish-infra-projects-fast-to-boost-manufacturing-sector

Japan vows to India to finish infra projects fast to boost manufacturing sector

New Delhi, Sept 12 (ANI): Japan promised to India that it would extend cooperation in the early completion of one of country's largest infrastructure projects, the Delhi-Mumbai industrial corridor, which once finished would boost New Delhi's manufacturing capabilities and woo more foreign investors. Both the countries conducted a review meeting on the progress of the Delhi-Mumbai and Chennai-Bangalore industrial corridors in New Delhi. The meeting was chaired by India's Commerce Minister Anand Sharma and his counterpart from Japan, Toshimitsu Motegi. Speaking on the importance of the Delhi-Mumbai corridor, Anand Sharma said that the project would increase the country's exports. Sep 12, 2013
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BSE closes points 0.35 up on September 11

New Delhi, September 11 (ANI): Trading at the Bombay Stock Exchange today closed 0.35 points up to stand at 19,997.45. At the National Stock Exchange the Nifty closed 16.40 points up to stand at 5,913.15. Financial Technologies (India) Ltd. and IRB Infrastructure Developers Ltd. were among the top gainers of Group A with an increase of 27.28% and 14.22% along with Bank of India and UCO Bank with an increase of 10.46% and 10.32% respectively, while the top losers of Group A include Power Grid Corp and Bajaj Holdings with a decrease of 3.18% and 2.72% along with Cairn India and Tata Motors with a decrease 2.66% and 2.49% at the close of the markets. The Auto sector is up 10.29 points at 11,049.85 while the banking sector is up 208.45 points at 11,769.38 and the realty sector is up 36.00 points at 1,278.44. The Indian currency is up 0.56% at Rs 63.49 per dollar. Sep 11, 2013
Raghuram Rajan, governor of Reserve Bank of India. (Reuters)

In-Depth: Top Achievements of RBI Chief Raghuram Rajan

Raghuram Rajan, who recently took over the reins of Reserve Bank of India, shored up investor confidence in his first speech. But his real task lies in uplifting the nation's poor economic conditions and on reviving the sliding rupee value. Sep 6, 2013