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RBI's dollar-rupee swap to release Rs 35,000 cr liquid...

New Delhi, March 25 (IANS) The RBI's latest step on the rupee-dollar swap mechanism will unleash Rs 35,000 crore liquidity in the system, while the credit situation is comfortable , a senior official source said on Monday. "The liquidity...

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Sensex down 450 pts on global growth worries (Lead)

Mumbai, March 25 (IANS) In line with most Asian markets, Sensex and Nifty declined further on Monday owing to weak manufacturing data from the US and Europe, fuelling fresh concerns of global growth slowdown. Besides, the investor sentim...

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Congress' minimum guarantee to benefit 25 cr poor: Rah...

New Delhi, March 25 (IANS) Congress President Rahul Gandhi on Monday said nearly 25 crore poor people in the country will get financial assistance of Rs 72,000 per annum if the party is voted to power. Announcing the details of the party...

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'EC should not allow defaulters to contest polls'

Chennai, March 25 (IANS) Terming the political parties' assurance in their manifestos to waive off education loans as undesirable, an apex banking body has urged the Election Commission to get an undertaking from poll candidates that the...

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IBC possible for Jet Airways if no resolution: Official

New Delhi, March 25 (IANS) The Jet Airways crisis could eventually head towards insolvency if the creditors fail to reach a consensus on a resolution plan, a senior official said on Monday. "The creditors and the debtors are in discussio...

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Court refuses interim relief to Robert Vadra

New Delhi, March 25 (IANS) The Delhi High Court on Monday refused to grant any interim relief to Robert Vadra, brother-in-law of Congress President Rahul Gandhi. Vadra has challenged a money laundering case brought against him. A divisio...