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RBI to start listing too-big-to-fail banks in August 2015
The Reserve Bank of India (RBI) said it would start disclosing the names of banks deemed as domestic systematically…
RBI sets rules for loans against gold intended for non-farm use
The Reserve Bank of India said on Tuesday loans for non-agricultural purposes backed by pledges of gold ornaments…
ClearTax becomes first Indian company to offer Bitcoins
ClearTax, an online income tax filing start-up based in Delhi, is giving away Bitcoins worth $1 (approximately…
FII investment via P-Notes rises to 6-yr high of $37 billion in June
Investments into Indian shares through participatory notes (P-Notes), a preferred route for overseas HNIs and hedge…
Axis Bank Q1 net up 18.3%
Axis Bank today posted a Q1 net profit of Rs 1,667 crore compared to 1,409 crore in the year ago period, an uptick…
U.S. revealed fresh sanctions against Russian stock.
Russian stocks and the ruble came under sharp pressure on Thursday, after the U.S. revealed fresh sanctions against…
METALS-Copper sinks to two-week low, aluminium rally continues
Copper prices dropped to their lowest level in two weeks on Thursday due to intensifying concerns about the outlook…
BRICS bank to get going in 2 yrs; India to head for 6 yrs
Leaders of the five Brics nations agreed on the structure of a $100 billion development bank by granting China its…
China’s economic growth quickens to 7.5% in Q2
China's economy grew 7.5% between April and June from a year earlier, slightly above expectations and quickening…
J.P. Morgan, Goldman rise on earnings beat
Goldman Sachs Group Inc. said second-quarter net income rose 5.5% on strength of its investment banking and…