VRITTAM(18 AUG 2014 - 24 AUG 2014)

VRITTAM (18 AUG 2014 - 24 AUG 2014) THE WEEKLY FINANCIAL NEWS India bans Finmeccanica from bidding contracts after graft allegations India has banned Finmeccanica (SIFI.MI) from future contracts, a defence ministry source said on Tuesday, as it presses on with an investigation into a scrapped helicopter contract with the Italian company. In January, India cancelled a 560 million euro ($751 million) order...

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VRITTAM(10 AUG 2014 - 17 AUG 2014)

VRITTAM (10 AUG 2014 - 17 AUG 2014) THE WEEKLY FINANCIAL NEWS IFC’s $2-billion bond sale a vote of confidence for Indian economy   The International Finance Corporation (IFC), private finance arm of the World Bank,  is set to raise as much as $2 billion in a bumper bond sale, a vote of confidence  in the Indian economy that's set for a turnaround under the growth-oriented policies  of the Narendra Modi government....

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VRITTAM (03 AUG 2014 - 09 AUG 2014)

VRITTAM (03 AUG 2014 - 09 AUG 2014) THE WEEKLY FINANCIAL NEWS RBI consults with finance ministry on new policy framework The Reserve Bank of India (RBI) has started discussions with the finance ministry on a new monetary policy framework, including measures to reduce retail price inflation. The RBI last Tuesday kept its policy rate unchanged for the third time in a row at 8 percent, and set a target to bring down retail inflation...

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