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RBI keeps repo rate at 8%: Lower interest rates are not a solution to slow economic growth

Vivek Kaul

Ramachandra Guha in a wonderful essay titled An Anthropologist Among Marxists writes about what he calls a “possibly, apocryphal anecdote.” As he writes “When Indira Gandhi was assassinated, her ashes were sent to different cities to allow public homage. 1,780 more words


NZ telcos wince as they foot rural bill

One of the National Party’s election promises was to extend the government’s Ultrafast Broadband network. Originally the plan was to spend $1.5 billion to cover 75 percent of the population living in cities and towns. 514 more words


Derek Jeter has RBI single in last at-bat

BOSTON (AP) — Derek Jeter tacked one last hit onto his remarkable career, then waved his helmet in a final farewell to the major leagues. 776 more words


Derek Jeter has RBI single in last at-bat of major league career

BOSTON (AP) — Derek Jeter hit a run-scoring infield single in the final at-bat of his 20-year major league career, leaving to a standing ovation at Fenway Park. 161 more words


Markets are up! Why is this a bad news?


The markets have been cheering since the new government came to power in the Lok Sabha of Indian Parliament and the major stock market indices have touched unprecedented levels creating new records to be broken again in a few days. 1,415 more words

All you need to know about RuPay Debit card

Your (Visa, MasterCard) Time is off, My (RuPay) Time is Now

It may not be long before the logos of Visa and MasterCard disappear from your plastic cards. 380 more words

RBI being shifted to Delhi, says Narayan Rane

Rane, who is state industry minister, said the process has already begun by moving out three RBI departments out of Mumbai a couple of months ago, but declined to name them. 257 more words