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The wholesale price index-based inflation jumped to a 39-month high of 6.55% in February compared to 5.25% in the previous month on the back of expensive food and fuel items, even as manufacturing products saw a decline in inflation. The data justifies...

Regrettably, another voluntary disclosure scheme may be needed to strengthen India's foreign exchange reserves, says Jaimini Bhagwati. It can be argued that the fundamentals of the Indian economy over the medium term continue to be sound. This...

RBI/DBR/2015-16/19 Master Direction DBR. Dir. No.84/13.03.00/2015-16 March 03, 2016 Master Direction – Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 In exercise of the powers conferred by conferred by Sections 21 and 35 A of...

In India, lower interest rates are surely no magic wand. Joseph Stiglitz and Larry Summers may not be on the same page on many matters these days. However, on the matter of asking the Federal Reserve not to raise interest rates, they both have sung...

TORONTO, Dec. 11, 2013 /PRNewswire/ -- Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the "Company") today announced its third quarter results for the period ending October 31, 2013. Robert Gannicott, Chairman and Chief Executive Officer, stated...