Top Stories- February 2008

Finance Minister, Shri P. Chidambaram presented Indian Union Budget 2008 on 29th February 2008...Read more

Optimism, but with caution is the watchword of Indian Economic Survey 2007-08...Read more

Indian Economic Survey 2007-08 presented on 28th February 2008 has projected GDP growth to be 8.7%...Read more

Despite the populist overtones due to compulsions of election, Indian Railway Budget 2008-09 is a good budget...Read more

Fitch Ratings has affirmed HDFC Bank ratings post merger announcement...Read more

Shri Lalu Prasad has presented Indian Railway Budget at Lok Sabha (Parliament) on 26th February 2008 ...Read more

Standard and Poor's ratings and outlook on India's HDFC Bank not immediately affected by proposed merger...Read more

HDFC Bank Board has approved the acquisition of Centurion Bank of Punjab.Share swap ratio fixed at 1:29...Read more

Nation wide two day bank strike in India 25th and 26th February 2008 was called off at last minute...Read more

Thinning margins are resulting in lesser employee pay packages at IT Companies, according to a study ...Read more

Basel Committee has released a paper entitled Liquidity Risk: Management and Supervisory Challenges ...Read more

Reserve Bank of India reitrates that KYC/AML norms should not result in denial of banking services to public ...Read more

Requirement of cashiers has fallen by 50% in last 5 years in Indian banks due to ATMs, according to assocham ...Read more

RBI has allowed mortgage guarantee companies to commence the business of providing mortgage guarantee in India ...Read more

Securities and Exchange Board of India (SEBI) has cautioned investors to not invest in unregistered Art Funds...Read more

Mr C.B. Bhave is appointed the new Chairman of Securities and Exchange Board of India (SEBI) for three years. ...Read more

Nasscom study findings reveal India IT industry's growing contribution to the Indian Economy and Society. ...Read more

RBI has permitted banks in India to extend financial assistance to the Factoring Companies. ...Read more



Indian IT-BPO revenue aggregate is expected to reach USD 64 billion by the end of FY2008, according to Nasscom. ...Read more

Record capital inflows in India are creating new policy challenges, according to an IMF assessment. ...Read more

Rupee appreciation to increase exporters profit margins by 15%, according to assocham study. ...Read more

Reserve Bank of India has Cancelled the licences of two Co-operative Banks. ...Read more

Leadership, Globalisation, Global Sourcing, Technology and Innovation key themes at NASSCOM India Leadership Forum 2008. ...Read more

Indian Government has further liberalized Foreign Direct Investment Policy. ...Read more

Banks in Asia to contend with subprime write-downs and the ailing U.S. economy, says Standard and Poor's. ...Read more

Indian Government has proposed amendment to the Securities Contracts Rules. ...Read more

Ease of use with security is key to mobile banking success, says a TowerGroup research. ...Read more


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