Bernanke's decision on QE a short-term good for India, but steps to shield economy still requiredWhat countries such as India must bear in mind is that Fed's announcement may just delay the day of reckoning, not prevent it.
RBI extends refinancing rupee loans by telecom companies to March 2014Further, the RBI also extended the scheme of availing of ECB for working capital for civil aviation sector till December 31, 2013.
RBI hints at holding rates, says inflation top priority"Controlling inflation is the top most priority of the central bank," Chakrabarty said on a day when the Wholesale Price Index data for Aug...