Rajan surprises, RBI hikes Repo Rate

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

Army recommends Probe against Gen VK Singh

Less than a week after he shared the dais with BJP's Prime Ministerial candidate Narendra Modi and slammed the Congress-led UPA Government, the Army has recommended a high-level probe against former Army Chief, Retd. General VK Singh.…

Tatas joins hands with Singapore Airlines

After 18 years, the Tata Group has finally taken a step forward by joining hands with Singapore Airlines to start a new airline venture in which Tatas will have 51% stake. The Singapore Airlines will have 49 per cent stake in the new…

US Fed Impact: Rupee on a High, Sensex Soars

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…