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Y.V. Reddy at RBI helm, favours continuity and change in proper mix
"WHEN will you cut the repo rate? When will forex reserves touch $ 100 million? Will you continue to maintain the soft bias towards interest rates?..." These were some of the questions posed to Dr Yaga Venugopal Reddy by Dr Bimal Jalan, taking ...
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Fight protectionist actions: Raghuram Rajan
INDIA, which has reached the take-off stage to face global competition, will continue to face protectionist tendencies from the West, according to Mr Raghuram Rajan, IMF chief economist-designate. Addressing a function organised by IDFC Asset ...
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Toothpaste majors shun promos, battle on price
FOR those of you who got free toothbrushes or a free tube and extra paste with the toothpaste you bought last year, the good times are over. Well, almost. In a reversal of the trend in the past two years, when toothpaste majors Colgate-Palmolive ...
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Kerala People First a HR initiative in ITES
FOR young people in Kerala looking to acquire the skills needed to work in the IT-enabled services (ITES) industry, help is at hand. The Kerala State Information Technology Mission is in the process of crafting a `branded' human resources (HR) ...
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Third-party liability: Solution still evasive
THAT United India Insurance has made a provision of Rs 2,500 crore against motor third-party liability portfolio of about Rs 500 crore is seen as an eloquent commentary of the extent to which the portfolio is bleeding the insurance ...
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TDS: I-T dept working towards single return
THE Income-Tax Department is working towards a regime that would have a single comprehensive return for tax deduction at source (TDS). "We are now working towards a single return for TDS that would take care of every kind of income", Mr ...
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Forex reserves up $692 m
THE forex reserves of the country have surged by $692 million to touch $86.255 billion as on August 29, up from $85.563 billion in the previous week. "The inflows during the week mainly consist of export receivables and FII money going into the ...
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