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Finance Minister P Chidambaram will present the last interim budget of the UPA-II in Parliament. Chidambaram will present the vote on account, giving an estimate of funds required to meet expenditure until a new government is in place. Live updates.

S Gurumurthy criticises Rajan's policies but approves his Indianness

from firstpost

S Gurumurthy criticises Rajan's policies but approves his Indianness

The Rashtriya Swaysevak Sangh (RSS) may have indeedwanted RBI governor Raghuram Rajan to be out of the central bank for his policies and overstepping his mandate to comment on political issues.The evi...


Brexit impact: Will Tata Sons for review of business of all 19 firms in UK

from firstpost

Brexit impact: Will Tata Sons for review of business of all 19 firms in UK

Tata Sons on Friday termed access to markets and skilled workforce as "important considerations" after Britain voted in favour of leaving the European Union and said that each of its...

Brexit: Real estate, study, vacationing in UK becomes attractive for Indians

from firstpost

Brexit: Real estate, study, vacationing in UK becomes attractive for Indians

New Delhi - Indian investors may look at acquiring properties in the UK, including in London, following devaluation of pound and fall in real estate prices due to Britain's exit from European Union. A...

HDFC to raise Rs 1,035 cr via private placement of bonds issuance

from firstpost

HDFC to raise Rs 1,035 cr via private placement of bonds issuance

New Delhi: HDFC on Friday said it will raise Rs 1,035 crore through issuance of debentures on a private placement basis to augment its long-term capital resources."The object of the issue is ...

Government, RBI say India better placed, ask investors to stay calm after Brexit

from firstpost

Government, RBI say India better placed, ask investors to stay calm after Brexit

New Delhi: Seeking to calm turbulent markets following Brexit, government and RBI today said India's sound macro economic fundamentals backed by planned structural reforms and firewalls will help it w...

Raghuram Rajan says time not right for central bankers to devalue their currencies

from firstpost

Raghuram Rajan says time not right for central bankers to devalue their currencies

India's central bank governor on Friday reiterated his previous calls for central banks globally not to depreciate their currencies for competitive advantage and said it would be an issue he wanted to...

Brexit: Sensex plunges 605 pts at close; 7 key developments of the day

from firstpost

Brexit: Sensex plunges 605 pts at close; 7 key developments of the day

While several UK citizens rejoiced after the nation voted to leave out of the European Union, the decision, however, left world financial markets into a tizzy. Even as early results showed voters in f...