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Greek debt crisis to have limited impact on India: Rajan

Greek debt crisis to have limited impact on India: Rajan

Investors will see that India story actually continues to be a good one, he said. India will see limited impact of the debt crisis in Greece as it has little direct exposure to the European nation, Reserve Bank of India governor Raghuram Rajan said on Thursday. "Greece is an evolving situation. The direct exposure to Greece is very very limited for India, both financial and trade," Rajan said after the Reserve Bank's board meeting in Chennai. "...the direct impact is limited. Our sense is, ..., 6 minutes ago
Greece crisis may impact rupee: Raghuram Rajan, 37 minutes ago

Rajan calls for bolder reforms to boost growth

Subdued exports remain an area of concern Confident of economic recovery, reserve Bank of India governor Raghuram Rajan on Thursday said capital investments are picking up but a stronger growth would require more reforms and clearing bottlenecks for stalled projects. Rajan, known for critical analysis of macroeconomic trends, however said that subdued exports, primarily on account of global factors, remain an area of concern. Talking to reporters after a meeting of RBI's board, the central ...
 Rediff.com6 minutes ago

Store water to better agricultural production: Railway minister

Stressing on the need to increase farm production and employment, Railway Minister Suresh Prabhu advocated raising the water storage capacity in the country to boost agriculture. "We need to work in the agriculture sector. Agriculture is going to be very important. The question is how to increase production per acre and also employment. "Agriculture is based on natural capital. So the solution is technology and better management practices and then it can also grow," Prabhu said at a book ...
 Rediff.com10 minutes ago

Indian businesses turn sceptical on Modi's landmark tax reform

India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their road time in border checks or other inspections.  Image: Trucks spend nearly a quarter of their road time in border checks or other inspections. Photograph: Reuters     For years Indian businesses have lobbied for a nationwide sales tax, hoping to replace a chaotic structure that ...
 Rediff.com13 minutes ago

Indian student wins US fellowship for LGBT research

Meet Shakthi Nataraj who has been awarded Philip Brett LGBT Studies Fellowship, from the University of California in Berkely. An Indian girl student in the US has received a LGBT scholarship from the prestigious California University in Berkely to study how political issues brought new notions of sexual identity in India. Shakthi Nataraj, who grew up in Chennai has been awarded the Philip Brett LGBT Studies Fellowship that honours the memory of Philip Brett who is considered a pioneer of ...
 Rediff.com17 minutes ago

Selling salads to promote good health

Green Tokri is a unique business venture set up by Indo-German couple, Dr Marc Cremer and Benedikte, who grow lettuce on their farm outside Pune and make it available at your doorstep so that you can add this nourishing item to your meals each day. Guess why more and more people are adding salad to their diet? Simple! It's one of the most nutritious additions to your meals that will keep you healthy and energetic. And no one knows this better than Pune-based Dr Marc Cremer and his wife ...
 Rediff.com19 minutes ago

Bollywood's Half-Yearly Report Card: The Bad (and The Ugly!)

Raja Sen picks the bad movies of the year so far. Half of 2015 has flown by, and it’s a good time to take stock of Hindi cinema and its latest shenanigans. Yesterday, I looked at the good stuff, the films and performers that impressed us in these last six months. Today, however, the red pen is out and offenders must be informed of their grotesquery. It’s time for the bad and the ugly. The bottom of the barrel Image: Sunny Leone and Ram Kapoor in Kuch Kuch Locha Hai There are ...
 Rediff.com23 minutes ago Akshay, Ranveer, Varun: TOP Earning Actors of 2015 so far  Rediff.com2 hours ago

No Chinese troops in PoK, says Beijing

China has denied any of its armed personnel were posted in Pakistani Kashmir, stating that these were "just stories".A senior leader in charge of bilateral relations with India and Pakistan said that with modern technology and satellites no troops could remain undetected anywhere."Even 5,000 ants cannot hide from being seeing," Deputy Diretor-General of Department of Asian Affairs at the foreign minister, Huang Xilian said. Xilian recently returned from Kathmandu after attending the conference ...
 Rediff.com3 hours ago

JLR launches new variant of XF saloon @ Rs 52 lakh

The new variant, XF Aero-sport, comes with a 2.2 litre diesel engine and offers a range of exterior upgrades, JLR said in a statement. Tata Motors-owned Jaguar Land Rover on Thursday launched a new variant of its Jaguar XF saloon, priced at Rs 52 lakh or Rs 5.2 million (ex-showroom Mumbai, Pre-Octroi). The new variant, XF Aero-sport, comes with a 2.2 litre diesel engine and offers a range of exterior upgrades, JLR said in a statement. "Jaguar XF is known for its dynamic design, impeccable ...
 Rediff.com28 minutes ago

AFSPA to be revoked when the time is right: Rajnath in J&K

The controversial Armed Forces Special Powers Act will be revoked in Jammu and Kashmir when the situation is conducive, Union Home Minister Rajnath Singh on Thursday said.   "I want to say that the situation should be such, and I pray to Almighty, that AFSPA should not be needed anywhere in the country. We will need cooperation of one and all to achieve this goal," Singh told reporters in Srinagar.   The Home minister, who was speaking after paying obeisance at the Amarnath cave ...
 Rediff.com28 minutes ago AFSPA will be revoked from J-K when situation is conducive: Rajnath  Rediff.com3 hours ago
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