Raghuram Rajan also called on the International Monetary Fund to be more inclusive and not just driven by the needs of industrialised countries, while noting the agency needed to more closely examine “extreme” policies by global central banks.
Posts tagged MC
World needs stronger multilateral agencies: Raghuram Rajan (19-10-2015)
Aim for cut of Rs 6500 cr debt; to sell 25% intl biz: Amtek (19-10-2015)
Amtek Auto’s Vice Chairman and Global CEO John Flintham said the company has reached an agreement with JP Morgan Asset Management, which holds Rs 200 crore of its non-convertible debentures (NCDs) which were to be redeemed last month.
India’s September coal imports slump 27% to 12.6 mn tonnes (19-10-2015)
“With unprecedented increase in coal production by Coal India Ltd, import of coal comes down for third successive month,” Anil Swarup tweeted.
Q2 profit mostly wiped out, Tata Sponge doesn’t see Q3 loss (19-10-2015)
A 15 percent fall in realizations led to Tata Sponge Iron logging a 75 percent fall in second quarter profit to Rs 5.75 crore but MD DP Deshpande says he does not expect the company to clock a loss in the third quarter.
Royal Enfield one bright spot in gloomy motorcycle market (19-10-2015)
The maker of popular bikes like, Bullet, Classic and Thunderbird, sold 2,29,538 units in the April-September period compared with 1,52,666 units in the same period of the previous fiscal, up 50.35 percent.
Trai rule on call drop hard to enforce; bullish Airtel: UBS (19-10-2015)
says Suresh Mahadevan, MD and Head of Asia Telecom Media Research at UBS AG
China, low oil price, declining exports hurting biz: SCI (19-10-2015)
In an interview with CNBC-TV18, meltdown in China, declining oil price and low exports are hurting the company’s business.
Nifty hovers around 8250, Sensex firm; Tata Motors down 2% (19-10-2015)
Reliance, Vedanta, Sun Pharma, GAIL and Lupin are top gainers in the Sensex. Among the losers are Tata Motors, Tata Steel, LT, Maruti and ONGC.
Tech revolution to upend India investing story: Samir Arora (19-10-2015)
Samir Arora, founder and fund manager of Helios Capital, does not expect small banks to create value for shareholders. He explains this by saying scalability is important.
Sunil Hitech gains 9%, bags orders worth Rs 474cr in Bihar (19-10-2015)
The order has been awarded to Sunil Hitech – RCM JV and is part of national highways interconnectivity improvement project which is funded by World Bank.