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Economist Raghuram Rajan is new head of India’s central bank

In an attempt to check the decline in value of Indian currency, Indian government Wednesday appointed Raghuram Rajan, an economist…

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India invites Japan to invest in low budget hotel sector

The Indian government has invited Japan to invest in low budget hotel sector of India.

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Depreciation of Indian rupee can affect India’s economy: Indian PM

Concerned over depreciation of Indian rupee, Indian Prime Minister Dr Manmohan Singh Friday said there are justifiable concerns that it…

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Indian rupee falls to new record low

The Indian rupee, which has witnessed steep decline in its value, plunged nearly four percent to a new record low…

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No cause for panic due to currency decline: Indian FM

In view of continuing decline in value of Indian currency, Indian Finance Minister P Chidambaram Thursday said there was no…

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Ahmedabad airport rated best airport in India: Report

Sardar Vallabhbhai Patel International airport in Indian city of Ahmedabad has been rated as best airport in India as far…

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India raises customs duty on gold, silver

Indian government has raised the customs duty on gold, platinum and silver to 10 percent in a bid to curb…

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India to set up two more major ports

Indian government has decided to set up two new major ports in the country.

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The Bank of England is making the Nazi gold for sale / UK News

The role the Bank of England (BoE) played in moving and selling gold looted by the Nazis has been revealed…

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Capital Gap:Barclays Bank needs 5.8 billion pounds of financial market / UK News

The British banking giant Barclays wants to cram with a capital of 5.8 billion pounds a part of its seven-billion…

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Detroit Bankruptcy:Declaration of bankruptcy of an American dream / US News

By all means, the city has tried to avert the worst, in vain:Detroit is bankrupt. The legendary carmaker metropolis had…

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With eye on 2014 polls, Indian govt launches cheap food scheme

Indian government has launched a $22 billion welfare scheme to give cheap food to 70 per cent of country’s population.

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India mulling Visa-on-Arrival for Chinese, French citizens

In order to woo Chinese and French nationals travel to India, Indian Tourism Ministry is mulling to provide Visa-on-Arrival (VoA)…

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Indian rupee hits record low of 60 against US dollar

The Indian rupee continues to slump and hit a new low against of 60 against US dollar on Thursday.

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Pakistan discovers new gas reserves

A huge reserves of natural gas have been discovered in energy starved Pakistan.

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