Finance Minister Pranab Mukherjee on Wednesday said banks should provide credit at reasonable rates to spur growth, saying cuts in official rates by the Reserve Bank of India had not been passed on. "It is said that the reduction in key rates by RBI is not getting adequately reflected in reduction of BPLR (benchmark prime lending rate) of banks," he told chiefs of state-run banks.
Citibank CEO Vikram Pandit outlined his plans in an exclusive interview with CNN.
http://www.ibnlive.com/news/vikram-pandit-vows-to-bring-citibank-back-on-track/94479-7.html
Montek Singh speaks on economy and the steps taken to restore growth.
http://www.ibnlive.com/news/devils-advocate-montek-singh-on-reviving-growth/94400-7.html
Prime Minister says move would help govt fight terrorism.
http://www.ibnlive.com/news/going-broke-pakistan-urges-us-to-waive-off-debt/94259-2.html
Budget attains significant importance in the wake of the financial crisis.
http://www.ibnlive.com/news/union-budget-on-july-3-rail-budget-on-july-1/94162-7.html
GM filed a bankruptcy petition under Chapter 11 of US Bankruptcy Code.
http://www.ibnlive.com/news/no-effect-of-gms-bankruptcy-on-india-operations/93910-7.html
World's largest automaker General Motors filed for bankruptcy on Monday.
http://www.ibnlive.com/news/gm-workers-still-hopeful-of-return-of-glory-days/93905-7.html
Reviving economic growth my priority, says Finance Minister.
http://www.ibnlive.com/news/pranab-promises-growth-jobs-in-his-budget/93485-7.html
Few companies plan to hire school-leavers, university graduates.
http://www.ibnlive.com/news/young-jobseekers-across-world-face-discontent/93427-2.html
Finance Minister says his aim is to boost growth and maintain fiscal discipline.
http://www.ibnlive.com/news/budget-in-first-week-of-july-pranab-mukherjee/93416-7.html
Forbes says the Fed is in the grasp of academics who don't know banking.
http://www.ibnlive.com/news/us-easy-money-policy-led-to-credit-crisis--forbes/93213-16.html
Company didn't see meltdown coming, says Indian tycoon.
http://www.ibnlive.com/news/tata-admits-jaguar-land-rover-deal-was-bad-timing/92268-7.html
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