Searching for Shangri-La

Shangri-La is believed to be a mystical, harmonious valley, an earthly paradise and a permanently happy land. If there is a Shangri-La, it is not likely to be in India, and that will be a big disappointment for all Indians who take pride in the history, culture, civilisational attributes and traditi...Read More

US Federal Reserve raises interest rates 

The Federal Reserve raised interest rates on June 13 indicating a shift from the policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate a quarter of a percentage point to a range of between 1.75 percent and 2 percent, the Federal Reserve...Read More

Bimonthly RBI Monetary Policy June 2018

The Monetary Policy is reviewed by Monetary Policy Committee (MPC) of the Reserve Bank of India. This time RBI governor Urjit Patel headed the six member NPC. This was the first three-day bi-monthly policy meeting (June 06) of MPC headed by Urjit Patel. The next meeting of the MPC is scheduled on Ju...Read More