Chidambaram meets RBI Governor to discuss on polishing economic policy

NI Wire,    Mon, 6 Aug 2012
In a bid to revitalize the glooming economic policy, Finance Minister P Chidambaram Monday met to Reserve Bank of India Governor D Subbarao................

Left met PM for a universal distribution system in the country

NI Wire,    Sat, 4 Aug 2012
To check rising prices of essential commodities, demanding for a universal distribution system a delegation of Left party leaders met Prime Minister Manmohan Singh.

RBI: Indian banks complete Basel-III norms before March 2018

NI Wire,    Sat, 4 Aug 2012
Reserve Bank of India has set a deadline of March 2018 for Indian banks to complete their conformation to the Basel-III norms.

Spectrum base price set at Rs. 14,000-cr.

NI Wire,    Sat, 4 Aug 2012
In a bid to conduct auction for fresh license of 2G spectrum, government of India has fixed the base price of the spectrum at Rs.14,000 to Rs,15,000-crore band. The Supreme Court last year had cancelled the 122 licences citing it illegal and ordered the government and telecome regulator to complete the auction process till August 31, 2012.................

CEA Basu forecasts India's economic growth below 6%

NI Wire,    Wed, 1 Aug 2012
The Chief Economic Advisor (CEA) of India in the finance ministry Kaushik Basu who is going to retire today estimated that India's growth rate will fall below 6% in the first half of the current fiscal, as against earlier it was expected to remain above 6.5%.........

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