Sunday, 19 May 2013

S&P warns India could face junk status

S&P warns India could face junk status

S&P warns India could face junk status

NEW DELHI: India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned. The announcement late Friday comes after finance ministry officials have been arguing for a ratings ...
SBI suggests RBI as single regulator for all home loans

SBI suggests RBI as single regulator for all home loans

The State Bank of India is of the view that Reserve Bank of India should be the regulator for all home loans sanctioned by banks and housing finance companies. A single regulator would help remove the regulatory arbitrage that existed between banks and ...
Just Dial

Just Dial's Rs. 950 cr IPO opens tomorrow

The estimated Rs. 950 crore IPO of local search engine Just Dial will begin from Monday and is one of the largest initial public offers by an Indian Internet company. The IPO, which does not have issue of fresh shares, would see promoters offloading 17.49 ...
Improve economic model to forecast GDP: Abhijit Sen

Improve economic model to forecast GDP: Abhijit Sen

Concerned over the widening difference between growth projections and actual realisations, the Planning Commission has made a case for improving the economic model to project GDP. “I think we are currently suffering from the fact that modelling of the ...
Cobrapost | RBI moots review of all bank licences

Cobrapost | RBI moots review of all bank licences

The Reserve Bank of India has proposed review of all banking licences from the 'fit and proper' angle following the allegations made by Cobrapost. In a report to the department of financial services in the finance ministry, the central bank said “all banking ...
COAI plans to seek cancellation of 19 GSM permits of Tata Tele

COAI plans to seek cancellation of 19 GSM permits of Tata Tele

Tele The industry body said it has sought opinion of former solicitor general Rohinton Nariman on the matter. (Reuters). Related. Law ministry does U-turn, agrees to conciliation in Vodafone tax case · Aam Aadmi party raises questions on Govt's Vodafone ...