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PM's Address at Madison Square Garden, New York

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Mixed reactions on RBI’s decision to unchange key interest rates

As Reserve Bank of India decided to unchange key interest rates, industry bodies and economists have came up with mixed reactions. Speaking to AlR, The Indian Econometric Society Secretary, N R Bhanumurthy said that one would expect the reduction in liquidity measures by RBI. But inflation...


RBI relaxes KYC norms for opening bank accounts

The Reserve Bank of India, RBI, today relaxed Know Your Customer, KYC norms by allowing self-certification of documents for opening bank accounts. RBI has asked banks to allow self-certified copy of the document by mail, or post for opening an account. Banks have also been asked not to s...


Indian economy to grow at 5.5 % in current fiscal: UN-ESCAP

United Nation Economic and Social Commission for Asia and the Pacific,ESCAP has estimated that the Indian economy will grow at 5.5 percent in the current fiscal. Releasing its annual report on Economic and Social Survey of Asia and the pacific 2014 in New Delhi, said that the Asia -Pacif...


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PM's address at Council on Foreign Relations in New York

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