In a speech in Mumbai earlier this month, Reserve Bank of India Governor D Subbarao made a striking point about the changing world order. There was a time in the eighties and nineties, he said, when parents across the world told their children not to waste food because there are millions who go hungry. Today, he added, with the rise of protectionism in advanced countries, parents there might well be telling their children, “If you don’t get a job, Indians will take away your job.”
R P Singh, the former Comptroller and Auditor General (CAG) official, has been hogging the limelight for turning the heat on his former boss, ...
Even as margins might be hit in the first year, analysts remain bullish on the LLC acquisition deal
RBI's mere acknowledgement of the easing inflationary situation is sufficient to push up bond prices