The Reserve Bank of India (RBI) on Friday, November 14 has released the proposed draft guidelines for accounting of repo and reverse repo transactions to enhance the transparency.The proposed draft guidelines seek to revise the guidelines issued in March 2003 which treated ``repo`` as a combination of two independent sale/purchase transactions as .. more »

We recommend a buy in Amara Raja Batteries from a short-term perspective. It is clearly evident from the charts of Amara Raja Batteries that it has been on a long-term downtrend from its February high of Rs 183. The stock has been forming lower .. more »

Integrated financial services group Religare Enterprises today said it will acquire Lotus India Asset Management Company for an undisclosed amount. .. more »

London shares climbed on Monday, with miners pacing the advance, although Barclays fell again as investors continued to assess the lenders capital raising moves. .. more »

The decision, in tune with declining international rates, comes at a time many Indian companies are trying to match the import parity price.. more »

Karl Rove, committed Republican, is true to his school in his latest Wall Street Journal column. In it , he walks through ways in which the presidential campaign could turn John McCain's way in its final days. But Karl Rove, political craftsman, ends the piece with provocative and dispassionate words about the latest fascinating development in .. more »

Politico reports today that the Republican National Committee spent $4,716.49 on hair and makeup for Gov. Sarah Palin (R-AK) in September in addition to the more than $150,000 the RNC has spent on clothing and accessories for Palin. AMERICAblog points out the amount is just half of what the RNC spends on makeup for [...]MSNBC.com : AP: Palin .. more »

Experts say the explosion of drug-related violence in Mexico is hardening the country's young people, filling their heads with awful images that are hard to shake. .. more »

For now, the tussle over whether to embrace globalization, or to fight to preserve heritage, is centered on the process of pasteurization. .. more »

Tavera NEO 2 has been upgraded inside out based on the feedback of valued Chevrolet consumers in India .. more »

Stock rout changes Europe political landscape .. more »

Ficci said that it is sad that the land dispute over the Nano project could not be amicably resolved and that the Tata project could not be retained in Singur .. more »

Indian Bank, a leading public sector banking institution on Sep. 19, 2008 has announced that it has recieved an intimation from Indian Bank`s (Q, N,C,F)* Association that the United Forum of Bank Unions has given a call for observance of nation-wide strike on Sep. 24, 2008 and Sep. 25, 2008 on certain demands. United Forum of Bank Unions is a .. more »

The seeds of the 1970s stagflation were sown during the overheated economy of the late 1960s .. more »

Fed's decision leaves the interbank overnight federal funds rate at 2%, where it has been since April. Stocks 52 Week: High, Low | Sectoral: Gainers, Losers.. more »

The Democratic candidate, Barack Obama, faulted government "policies that have shredded consumer protections" and loosened oversight. His Republican rival, John McCain, called for replacing the system of regulation. .. more »

"If I were writing a letter to Sarah Palin it would be a lot of whys and hows. Who are you? Do you know? Why do you hate animals? Please point out Iraq on a map… This woman hates women. She is not a feminist. She is not the woman that's going to come behind Hillary Clinton and do an... .. more »

The Reserve Bank of India (RBI) injected Rs 129.85 billion via 1-day repo auctions held on Sep. 10, 2008. However, reverse repo auctions remained suspended for the day.At the auction conducted under the liquidity adjustment facility, the central bank received 12 bids for the 1-day repo auctions which were all accepted... more »

With an eye on the October session of Parliament, the finance ministry is planning to approach the Cabinet with the Insurance Laws (Amendment) Bill for approval by the end of this month. .. more »

The government may remove the $5-million-per-client limit imposed on participants, particularly banks, in currency futures. Tips for investments | Investor's mistakes.. more »