RBI cuts key rates by 25 bps
The Reserve Bank of India (RBI) has cut has cut repo rate and reverse repo rate by 25 basis points. The RBI’s decision today...
Obama Plans to Boost U.S. Forces in Afghanistan, Set Benchmarks
President Barack Obama plans to send 4,000 more U.S. troops to Afghanistan to train local forces and set benchmarks for progress in battling militants...
Google top trio execs take home USD 1 salary in 2008
Internet search giant Google Inc's top three executives co-founders Larry Page, Sergey Brin and chief executive Eric Schmidt have voluntarily taken only one dollar...
Global markets cast shadow over Sensex
The benchmark index skidded 165 points to end at 8160, tracking a rout in Asian markets with Japan's benchmark tumbling to a 26-year closing...
Mortgage lenders move closer to refinancing loans under Obama plan
Following up on President Barack Obama’s announcement two weeks ago, the Treasury Department today began issuing guidelines to lenders and mortgage services on how...
Obama sees $40 billion savings in spending reforms
President Barack Obama on Wednesday will order a crackdown on waste and cost overruns in U.S. government procurement that he estimates will save up...