Finance - general
Raghuram Rajan vows to safeguard `monetary stability’
05 Sep 2013
New RBI governor Raghuram Rajan wants more settlements to be made in rupees and financial markets opened further at a time when the country’s trade is expanding,
RBI imposes capital controls to prop up rupee
14 Aug 2013
RBI has reduced the limit of overseas direct investment for an Indian entity to 100 per cent of its net worth and limited overseas remittance by a resident to $75,000 per year
IMF to activate $583-bn crisis lending fund
26 Mar 2011
The International Monetary Fund is working on activating a $583 billion crisis lending pool that will help bail out countries in need and stabilize the global economy.