After her foray into Bollywood with yet-to-be-released 'Oh My God', Sandalwood actress Nidhi Subbaiah is striving to gain a foothold in the Hindi film industry with her second film to be directed by Sanjay Gadhvi of 'Dhoom' fame. As she shoots for 'Ajab Gazabb Love' opposite Jackky Bhagnani, Nidhi is loving every moment in Mumbai. This is my fourth month in the city. I am enjoying the fast-paced life of...
10:53 AM, May 28, 2012
Mussoorie: Describing the upsurge in inflation in April as a "surprise" development, the Reserve Bank on Thursday said it will take into consideration the emerging price situation and accordingly decide on policy action in its review next month. The central bank has also asked the government to take action to reduce the fiscal deficit, which rose to 5.9 per cent of the GDP in 2011-12. "We noted that inflation has...
03:29 AM, May 25, 2012
'Anna Bond' The movie is fantastic, commercial and entertaining. International Labour Day International Labour Day is for everybody. I want to give a good film, for people who have been working hard throughout the year. Ultimately it is their decision. All of us are labourers in our own field. It is all about living for happiness. I wish everyone " who are in a better situation and for those who...
06:52 PM, May 16, 2012
Cast: Puneeth Raj Kumar, Priyamani, Nidhi Subbaiah, Rangayana Raghu, Jackie Shroff, Gurudatt Director: Suri The hugely awaited film 'Anna Bond', starring the Kannada film industry's superstar Puneeth Raj Kumar and directed by Suri, was expected to be a continuation of success story of their previous film 'Jackie'. Unfortunately 'Anna Bond', which has shades of 'Jackie', does not stand up to the pre-release hype and expectations. The film is not even...
12:53 PM, May 05, 2012
Mumbai: The following are the highlights of the Annual Monetary Policy for 2012-13 announced by the Reserve Bank of India (RBI) Governor D Subbarao on Tuesday: * Short term lending rate (repo) lowered by 0.50 per cent to 8 per cent. * Cash reserve ratio retained at 4.75 per cent. * GDP growth for 2012-13 projected at 7.3 per cent. * March-end, 2012-13 inflation expected at 6.5 per cent. *...
12:52 PM, Apr 17, 2012
New Delhi: India's deficits and short-term debt levels are "disturbing," but it is not facing a repeat of a 1991 balance of payments crisis, Reserve Bank of India chief Duvvuri Subbarao said on Saturday. Dependent on imported oil which it then subsidises, India is exposed to external shocks such as high crude prices and has seen its fiscal and current deficits blow out in recent months, triggering some economists to...
10:10 AM, Apr 15, 2012
New Delhi: Describing the current downturn a short-term phenomenon, RBI Governor D Subbarao on Saturday said Indian economy is mature enough to absorb 'shocks' and the country's growth story is intact. "The structure of the economy has changed (since 1991). Our financial markets are more matured, more diverse and much deeper. They have the resilience to absorb shocks," he said while participating at a panel discussion on India's economic reforms...
02:11 AM, Apr 15, 2012
New Delhi: Well known actor in Sandalwood, Power Star Puneeth Rajkumar is all set to make his presence felt on big screen with his new flick 'Anna Bond' opposite Priyamani and Nidhi Subbaiah. The film is directed by Suri. When City Express interacted with Puneeth Rajkumar, Priyamani and lyricist Jayant Kaikini, they spoke in length about their upcoming flick during the audio launch of the film. Puneeth who had earlier...
07:24 PM, Apr 06, 2012
Bangalore: Reserve Bank of India (RBI) Governor D Subbarao on Friday said India's ratio of external trade to GDP - a measure of the degree of a country's global integration - has gone up over four times, from 8 per cent of GDP in 1972 to 37 per cent in 2011. Speaking on India's global integration, Subbarao said a metric frequently used to measure the degree of a country's global...
10:24 PM, Mar 30, 2012
New Delhi: Legal services across Karnataka are likely to be crippled on Monday as the state Bar Council has passed a resolution calling for the boycott of courts. The move clearly violates the Supreme Court's directions that bar councils cannot sponsor the boycott of court proceedings. But the Karnataka State Bar Council has gone ahead and directed all lawyers to stay away from courts to protest police action. Three lawyers...
07:09 AM, Mar 05, 2012
Mumbai: Reserve Bank of India Governor Duvvuri Subbarao said on Tuesday it would be difficult to predict the timing, pace and magnitude of any interest rate cuts. The RBI will be very circumspect about how rate cuts should roll out when they start, he said, adding the central bank would also have to look at the fiscal deficit before cutting rates. The bank will look at how Tuesday's cut in...
04:57 PM, Jan 24, 2012
New Delhi: The Reserve Bank of India (RBI) cut the cash reserve ratio (CRR) by 50 bps to 5.50 per cent which will be effective from January 28 and held repo rate steady at 8.5 per cent. The move will eases tight liquidity in the banking system and underscore a policy shift from fighting inflation to reviving growth. The CRR cut will infuse Rs 32,000 crore into banks. The reverse...
11:09 AM, Jan 24, 2012
New Delhi: Indian para-athletes have clinched five medals, including one gold, at the second Kuwait International Open Athletics Championship and so far booked four Paralympic quota places. Para-athletes Jagseer Singh, Mahabir Singh, Subbaiah Thirumalai under Grade A and Surjeet Singh under Grade B have made the cut for the London event, a Paralympic Committee of India release stated. Jagseer clinched gold in the long jump event with a leap of...
06:49 PM, Jan 19, 2012
Mumbai: The Reserve Bank of India is likely to begin easing monetary policy to address concerns about economic growth, Governor Duvvuri Subbarao said in a BBC interview, reiterating comments made by the RBI when it kept rates unchanged on December 16. "From here on, we could expect reversal of monetary tightening. But it's difficult to say when that will take place and in what shape it will roll out," Subbarao...
10:42 AM, Jan 02, 2012
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