Inflation soars to 13-yr high There was no stopping inflation as it surged to a record 11.42 per cent for the week ending June 14, an increase of .37 per cent over the figure recorded during the previous week.
Study on women issues is mooted State Minister for Women & Child Development P M Narendra Swamy, on Friday, called for further labour reforms and social security measures to empower women to do better.
Political differences dampen investor confidence
India slips in global biz climate ranking India & China fell in this years ranking as political instability demonstrated resistance to increasing personal freedoms. Higher inflation as also increased burdens on entrepreneurs also held both the nations back as business destinations.
SBI hikes interest rates on deposits A day after it hiked lending rate, countrys biggest lender State Bank of India, on Friday, announced an increase in fixed deposit rates by up to 75 basis points, effective from June 30.
Wrong signals harm stance: RBI The Reserve Bank of India (RBI) said it can be constrained at times in articulating its policy if directions and signals from the finance ministry diverge from its own signals.
Minister for Women & Child Development Narendra Swamy flanked by SBI CGM Mahpara Ali (left) & CII Women Business Leaders Forum Convenor Sudha Raju at a seminar in Bangalore. DH Photo