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Is the Economic Growth
Sustainable?
(February 07, 2007)
If economic reforms keep
pace, in the next
several years, the
Indian economy is
expected to pass Italy,
France, and the UK and
become the fifth largest
in the world spurred by
more efficient
industries competing
with the global system.<More>
Govt to Buy SBI, NABARD off
RBI
(February 06, 2007)
In a surprising move, the
government has decided to buy
India's largest bank State
Bank of India (SBI) and
National Bank for Agriculture
and Rural Development (NABARD)
from the current holders
Reserve Bank of India (RBI).<More>
RBI Squeezes Money Supply
(February 06, 2007)
The Reserve Bank of India
(RBI) hiked the Repo Rate to
control money supply making
loans more expensive and also
limiting risky credit exposure
in sensitive areas-this key
rate is the rate at which
banks lend against government
bonds.<More>
RBI Rate-Based Navigation
(January 04, 2007)
While the economy was in full
throttle last year, increasing
concerns on excess liquidity and
inflation saw the Reserve Bank of
India (RBI) trying to steer the
economy to sustainable levels
through a process of rate hikes.<More>
31 New SEZ
(October 03, 2006)
Despite intense opposition and
public debate over Special Economic
Zones (SEZs) policy, the Board of
Approvals (BoA) cleared 31 proposals
including the South Korean Posco’s
proposal for a Rs. 55,000 crore (USD
12 billion) steel project.<More>
IMF Asks for Financial Reform
(September 08, 2006)
Visiting International Monetary Fund
(IMF) Managing Director Rodrigo de
Rato said that “There is a need to
make the financial system more
efficient” and the “structural
reforms” is required for India “more
capable of benefiting from world
economy.”<More>
Growth Pace to Continue
(July 28, 2006)
The Reserve Bank of India (RBI) reaffirmed growth forecast of 7.5%-8% citing
strong corporate sector growth, continued investment inflow, strong orders,
high capacity utilization, good export growth, stabilized inflation, and
sufficient liquidity of banks.<More>
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