Headline inflation was 8.98 per cent for March, while the food inflation was 8.76 per cent for the week ended April 16.
The government is in the process of setting up of an independent debt management office, aimed at separating RBI's role as the decider of interest rate in the market, and at the same time being the banker to the government.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Bankers say amid the uncertain macroeconomic environment, their greatest worry is the stress on asset quality.
Currently, banks pay up to 9.5 per cent interest on fixed deposits.
Spurred by the popularity of Mahatma Gandhi at the recent World Economic Forum, which displayed statues of the Indian leader at various venues, the Davos city council has approved setting up a permanent Gandhi monument there.
Roger Federer still looked as fresh as a daisy as he polished off Mardy Fish to post a 100 percent record in the group stage of the ATP World Tour Finals, on Thursday, which is more than can be said for most of his main rivals.
He will look after the Department of Banking Operations and the Development and Urban Banks Department, which were held by Usha Thorat who retired in November last year.
Novak Djokovic pocketed a $1.6-million bonus just for turning up on court on Wednesday before making light of recent shoulder pains to beat Croatian Ivan Dodig 6-4, 6-3 in the second round of the Paris Masters.
Cristiano Ronaldo took a leaf out of Lionel Messi's book when he reached a personal landmark and led Real Madrid into the Champions League knockout stages by scoring both goals in a 2-0 win at Olympique Lyon on Wednesday.
Manchester United return to the scene of their recent domestic humiliation for Wednesday's Champions League game at home to Otelul Galati without captain Nemanja Vidic who has been the tonic easing their recovery.
Expressing concern over the crisis that has ravaged Eurozone, Prime Minister Manmohan Singh said on Tuesday that the developing world may be hit by these recessionary trends and urged the rich nations to adopt quick and effective measures 'to prevent the global economy from slipping into a double-dip recession'.
Arsenal hope to complete a full set of English clubs going into the Champions League knockout phase on Wednesday though there could be a few anxious faces at The Emirates when they take on Partizan Belgrade.
Seeking to downplay the impact of the downgrade by Moody's, the country's largest lender SBI on Wednesday admitted that the action will marginally increase medium term borrowing costs, and said it is a "reminder" to the government to urgently capitalise it.
Former CFR Cluj coach Sorin Cartu, who was sacked for smashing up the dugout during a Champions League defeat, was fined 10,000 euros ($13,090) by UEFA and suspended for one match on Wednesday.
"She is a Korean who thinks Korea is her fatherland and India is her motherland." With these words the attention of the press party was diverted from Basel III, trade imbalances and such to a riveting half-hour of wonderful dance
Russian clubs ruled the Europa League roost on Thursday as Rubin Kazan upset holders Atletico Madrid while Anzhi Makhachkala and Zenit St Petersburg opened up commanding first-leg advantages in their last 32 ties.
Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.
Roger Federer extended his dominance over Andy Roddick on Saturday, notching his 20th win in 22 meetings against the American as he won 6-2, 6-4 to reach the final of the Swiss Indoors in Basel.
China's economy is in transition, with rising wage costs and massive overcapacity.
However, a recent rebound in banking shares -- which has pushed the Thomson Reuters Global Banks index up five percent this year -- possibly hides a crisis still threatening the existence of many in the sector as its leaders meet in Davos.
Bayern Munich playmaker Franck Ribery will be out of action for about three weeks after tearing a right ankle ligament although the damage is not as bad as initially feared, the Bundesliga champions said on Wednesday.
Reserve Bank of India (RBI) Governor Duvvuri Subbarao said inflation would determine the future policy and the effort would be to manage the balance between growth and inflation.
Jose Mourinho's quest for a unique Champions League hat-trick began in style with Real Madrid on Wednesday, the nine-time winners beating Ajax Amsterdam 2-0 on a night of commanding wins for the main contenders.
The country's most valued firm RIL's bid to acquire a majority stake in bankrupt petrochemical group was called off by LyondellBasell after the latter found the price offer was undervaluing the company.
Aditya Puri thinks the government is on track.
European champions Inter Milan were grouped with Werder Bremen, Tottenham Hotspur and Twente Enschede in the draw for the Group Stage of the Champions League on Thursday.
Sevilla, who reached the last 16 of the Champions League last season, were handed a shock playoff defeat by unfashionable Braga on Tuesday while Werder Bremen pulled off a spectacular escape act to oust Sampdoria.
RBI to issue discussion paper on new licence conditions this week.
LyondellBasell had rejected a $14.5-billion takeover offer from RIL in March.
Prior to this assignment, he held the position of chief general manager in Reserve Bank of India and was heading the department of banking operations and development. During his stint in the RBI, he has had a wide experience in regulatory and other functions.
Novartis India invites students to participate in the 2nd Biotechnology Leadership Camp (BioCamp) taking place in Hyderabad from July1 to 3, 2010.
The turmoil in world financial markets has improved the prospects for India's financial sector, according to experts.
"Earlier today...surrounded by a small group of close friends and family, Mirka and I got married," Federer said on his official website (www.rogerfederer.com).
The Reserve Bank of India on Friday gave freedom to banks in deciding their base rate.
Deals worth nearly $17 billion have got cancelled including -- the $14.5 billion Reliance-LyondellBasell deal, the $2 billion Reliance-Value Creation transaction, the $12 million PVR-DT Cinemas deal and the $130 million Wockhardt-Abbott Laboratories deal.
Holders Barcelona will play Bayer Leverkusen, a team famous for fading in the final straight, while their arch-rivals Real Madrid face a trip to icy Moscow in the Champions League round of 16 following the draw on Friday. Bayern Munich, whose Allianz Arena will host the final, take on FC Basel, the underdogs who spectacularly ousted Manchester United, in another of the top ties.
Liverpool striker Dirk Kuyt headed a late goal to send the five-times European champions into the last 16 of the Europa League with a 1-0 victory over a defiant Sparta Prague at Anfield on Thursday.
Photos from the Champions League matches played across Europe on Tuesday.
Second setback for the company in less than a month.
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