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Otmane El Rhazi : Tweaking wilful defaulter definition to cover directors:RBI

Otmane El Rhazi from Moneycontrol Economy News.

According to the current definition, a wilful defaulter is somebody who has essentially not used the fund for the purpose it has been borrowed or when he has not repaid when he can do so; when he has siphoned off the funds or when he disposed of the assets pledged for availing of loan without the bank’s knowledge.

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Otmane El Rhazi : Panel to formulate policy on coal rejects to meet next week

Otmane El Rhazi from Moneycontrol Economy News.

The government is mulling framing a policy on coal rejects amid country’s more than half of power plants facing critical fuel shortages.

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Otmane El Rhazi : India's economy to grow at 5.5% in FY15: UN ESCAP

Otmane El Rhazi from Moneycontrol Economy News.

The Indian economy had registered a growth of 4.9 percent in fiscal year ending 2014, up from 4.5 percent in the previous fiscal, but far below the 9.5 percent pace three years before the global financial crisis of 2008.

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Otmane El Rhazi : 'RBI should have seized opportunity to cut interest rate'

Otmane El Rhazi from Moneycontrol Economy News.

This is the fourth consecutive time that the RBI has kept key interest rates unchanged despite clamours from the industry to cut rates to boost economy.

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Otmane El Rhazi : Rajan won't budge on rates soon, get used to it: Economists

Otmane El Rhazi from Moneycontrol Economy News.

Taimur Baig, Chief Economist, Asia, Global Markets Research, Deutsche Bank expects Governor Raghuram Rajan to keep key interest rates unchanged as long as possible.

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Unemployment continues to fall

Labour Market Statistics, September 2014

  • Comparing the estimates for May to July 2014 with those for February to April 2014, employment continued to rise and unemployment continued to fall.
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PLAY CENTRAL ROLE FOR GLOBAL PEACE

PLAY CENTRAL ROLE FOR GLOBAL PEACE : SHEIKH HASINA TO UN

Prime Minister Sheikh Hasina addresses the 69th United Nations General Assembly at the UN headquarters in New York September 27, 2014. 880 more words
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