Former Reserve Bank of India governor Raghuram Rajan, in an interview, speaks about the 80:20 gold scheme rolled out in 2013, the recent Punjab National Bank fraud and ways to improve performance of state-owned banks. Edited excerpts: For starters, we...
UK PM Theresa May has ordered the expulsion of 23 Russian diplomats in retaliation for the poisoning on British soil of a former spy and his daughter, escalating tensions between Vladimir Putin and th ... Read more
Industry bodies. including CII, FIEO and PHD Chamber say the PBI LoU ban will have a disruptive impact, at least in the immediate term, as small businesses would require higher working capital Read more
Facebook said it was careful not to remove posts or pages just because they were controversial and some people didn’t like them, but said that Britain First had gone further and broken its anti-hatred ... Read more
Vladimir Putin’s officials rejected Theresa May’s ultimatum to account for the attack by midnight Tuesday and warned her there will be repercussions if she acts against Russian media or diplomats base ... Read more
Higher short-term borrowing costs have implications for investors and also for banks, which find themselves paying up to borrow through the commercial-paper market as they compete to lure cash Read more