The appointment of Mr. Raghuram Rajan as the Governor of the Reserve Bank of India has come at the most appropriate time. Considered the right man for the job, Mr. Rajan is well known and respected for his extensive experience and deep knowledge of India's economic functioning as well as the global economy at large.
Tag: India
Post
Post
Market linked tariff fixation likely to make port projects more attractive
The announcement of market linked tariff fixation by Shipping Ministry is likely to expedite the bidding process for various public private partnership projects at various major ports in India. Private operators have been waiting for the new tariff guidelines and are eager to place their bids for projects including container terminals at Chennai, JNPT and bulk terminals at Kandla, Goa and Vizag Port.
Post
GHIAL Signs first concessionaire for Free Trade Zone (FTZ) at RGIA
GMR Hyderabad International Airport Limited (GHIAL) has signed its first client for India's first airport-based Free Trade Zone (FTZ) at Rajiv Gandhi International Airport (RGIA), Hyderabad.
Post
Kotak Mahindra to open 100 new banks
In the current fiscal year, Kotak Mahindra Bank is planning to open 100 new branches across India. The bank has all India network of 450 branches and 969 ATMs. With the opening of 100 more branches the bank will cross 550 mark before March, 31 2014, said Kotak Mahindra Bank Executive vice-president Virat Diwanji.
Post
Banks borrow Rs 26.5 bn from RBI
Banks in India borrowed Rs 26.5 billion ($435 million) from the Reserve Bank of India's marginal standing facility window on July 30. The RBI had raised the marginal standing facility (MSF) rate by 200 basis points to 10.25 per cent and also imposed restrictions on daily borrowings by banks under its repo window.
Post
Gold imports down in June, July, says Chidambaram
Union Finance Minister P Chidambaram said on July 31 that gold imports into India were lower in June and July when compared to the same period last year. India is hoping to contain gold imports well below 845 tonne that were shipped last year, Chidambaram said, a week after the central bank restricted imports further, by tying imports to exports volumes. India imported a record of 162 tonne of gold in May, triggering a series of measures to contain imports and a ballooning current account defici
Post
Going global means balancing your markets
Trade to Western Europe has come down drastically and increased substantially to the US, Africa and Asia, says David Rasquinha, Executive Director, Exim Bank.
Post
Improving land use for better transport
The single-agency approach to city development, coupled with disincentivising unplanned growth, has been adopted internationally. In India, the ball often gets tossed between the two leading heads-the mayor and the municipal commissioner.
Post
Urban transport: Curbing mobility
As urban commute continues to be more nightmarish with each passing day, the factors are too obvious, but what can our newer cities learn from the chaos that bad planning has wrought upon India's largest cities? Instead of reducing distances and commuters, attempts have been on increasing them.
Post
We are decades behind in employing mixed land use
We should have the backup city plan where we can really bring everything close to public transport. Samir Sharma, Associate Vice President, Transport Planning Group, Delhi Integrated Multi-Modal Transit System (DIMTS),