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RBI added net $5.5 billion in up to 1-year FX forwards in July
Mon, Sep 01 2014. 06 14 PM

RBI added net $5.5 billion in up to 1-year FX forwards in July

RBI had added a net $11.3 billion in up to one-year forwards in June, which reduced its total forward obligations to $160 million
Congo says Ebola virus kills 13 in separate outbreak, WHO sends supplies
Mon, Aug 25 2014. 08 36 PM

Congo says Ebola virus kills 13 in separate outbreak, WHO sends supplies

Tests in two cases were positive for Ebola, and 11 other deaths are suspected of being from the virus, says minister
India, Pakistan intensify cross-border firing, ties sour
Mon, Aug 25 2014. 02 23 AM

India, Pakistan intensify cross-border firing, ties sour

70 ceasefire violations by Pakistan since Narendra Modi took over, says defence ministry
RBI to lower ceiling on bank loans to a single corporate group
Fri, Aug 22 2014. 04 06 PM

RBI to lower ceiling on bank loans to a single corporate group

Currently, banks are allowed to lend up to 40% of their core capital. The ceiling may rise to 55% including infrastructure loans and ‘exceptional circumstances’
India to hike iron ore royalty, miners may struggle to pass on extra cost
Fri, Aug 22 2014. 02 39 PM

India to hike iron ore royalty, miners may struggle to pass on extra cost

The royalty on iron ore would increase to 15% from 10%, which would lift the cost for miners by Rs150 to Rs250 per tonne
China hopes WTO can ‘resolve differences’ and sign deal
Mon, Aug 18 2014. 04 29 PM

China hopes WTO can ‘resolve differences’ and sign deal

China believes failure to reach an agreement by WTO members on simplifying global custom rules could damage multilateral trade
England crush India in final Test, win series 3-1
Sun, Aug 17 2014. 09 12 PM

England crush India in final Test, win series 3-1

India were bowled out for 94 enabling England to post an innings and 244 runs victory at The Oval
China’s Xi calls for a political solution to ease Ukraine crisis - Xinhua
Sat, Aug 16 2014. 04 53 PM

China’s Xi calls for a political solution to ease Ukraine crisis - Xinhua

Efforts should be made to ease the tense situation and avoid acceleration of confrontations and conflicts in an alternative way, says Xi Jinping
China to audit government land income in corruption fight - paper
Sat, Aug 16 2014. 03 14 PM

China to audit government land income in corruption fight - paper

The audit will conduct rigorous checks on funds from land sales, land requisition, reserve and supply that occurred from 2008 to 2013
Govt to raise import duty on sugar if mills clear cane dues
Fri, Aug 15 2014. 12 29 AM

Govt to raise import duty on sugar if mills clear cane dues

Ram Vilas Paswan says he is taking initiatives to help end the impasse, but he want mills to clear cane arrears

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