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Global economy heading for another downturn: RBI 25 January 2012
The global economy seems to be headed for another downturn after just three years. The recovery is likely to lose traction due to the continuing euro area debt crisis,” RBI Governor D. Subbarao said in a statement. Reserve Bank of...
Keywords: euro zone debt crisis, recent geo-political uncertainty, Reserve Bank of India, GDP
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New Governor Appointed by RBI 07 August 2013
Raghuram Rajan is appointed in place of the present Governor of the Reserve Bank of India Duvvuri Subba Rao on 4th September. He is appointed as the Governor of RBI for a tenure of 3 years. Raghuram Rajan who is...
Keywords: Fault Lines: How Hidden Factors Still Threaten the World Economy, Raghuram Rajan RBI Governor, IMF, Raghuram Rajan RBI Governor
Read More Krishna turns 70 31 May 2013
Super star Krishna whose full name is Sivarama Krishna Ghattamaneni was born on 31st May 1943 exactly 70 years ago. He has a long film career too since 1962 with a total 350 movies to his credit till now....
Keywords: received Nandi award, Krishna turns 70, Filmfare’s Lifetime Achievement award, Krishna received Padma Bhushan
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ASSOCHAM urges RBI to relax monetary policy 04 April 2012
To check online frauds, Dhoot called for implementation of digital signature enabled techniques as stipulated in the monetary policy statement for 2011-12. At the same time, the reforms process needs to be speeded up and policies must see fast implementation...
Keywords: ASSOCHAM, cost of borrowing, cost of borrowing, Reserve Bank of India
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Trauma care at NIMS soon 27 April 2012
The minister for Health, Kondru Muralimohan has said that at trauma care centre would soon be set up at Nizam’s Institute of Medical Sciences (NIMS) in Hyderabad. The minister has recently inaugurated 16 slice multi detector scanning machine with a...
Keywords: 65 crore rupees, Kondru Muralimohan, 65 crore rupees, Kakarla Subbarao
Read More Thin line in motive for open market operations: Subbarao 01 February 2012
When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management, it "becomes a case of acquiescence in fiscal dominance," India's central bank chief...
Keywords: Control over financial stability, interpretation of the motivation, interpretation of the motivation, interpretation of the motivation
Read More Plastic currency to take over? 09 May 2013
So far only bank cards are called plastic currency. Now the term is going to extend to currency too. Reserve Bank of India is going to replace the present currency with plastic currency gradually in stages. On an experiment basis,...
Keywords: Indian Currency, Reserve Bank of India replaces present currency with Plastic currency, First Rs.10 notes in plastic, Plastic currency in India
Read More Mahesh Receives First Book on Adurti 19 November 2013
A book on Telugu film director Adurti Subba Rao's life is released at Hyderabad. A book on the famous director of Adurti Subba Rao written by H.Ramesh Babu citing important incidents in the life of the successful director is released...
Keywords: Book on Adurti Subba Rao, film director Adurti Subbarao, Mahesh Receives First Book on Adurti, Super Star Krishna
Read More RBI Governor Subbarao : all applicants cant be bestowed bank licences! 04 July 2013
The Reserve Bank Of India (RBI) Governor Duvvuri Subbarao announced on Thursday that every companies who possess eligibility that have applied for bank licences will be bestowed one. Beforehand this week, the RBI said it had received 26 applications for...
Keywords: rbi governor subbarao, national news headline, rbi governor subbarao, rbi governor subbarao
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RBI Governor says Inflation "quite high" 16 November 2012
Amidst demand for easing of interest rate, RBI Governor D Subbarao on Friday said inflation is "quite high" at 7.45 per cent even as the bank is conscious about economic growth. His remarks come as headline inflation fell to an...
Keywords: RBi, Cooperative system, Cooperative system, Inflation
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